Palmer Square Opportunistic Income Fund

Frequently Asked Questions About PSOIX

What does PSOIX invest in?

The Palmer Square Opportunistic Income Fund is a specialized, closed-end investment vehicle that concentrates its holdings rather than diversifying broadly. Its primary goal is to generate substantial current income, with a secondary objective of achieving long-term capital growth. The fund's investment strategy permits allocations to a range of floating-rate debt instruments, encompassing both high-quality and more speculative (non-investment grade) securities. This entity commenced operations on May 1, 2014, and its main office is located in Mission Woods, Kansas.

What is the expense ratio of PSOIX?

Palmer Square Opportunistic Income Fund (PSOIX) charges an expense ratio of 1.99%. This is the annual fee deducted from fund assets to cover management and operations.

What is PSOIX's dividend yield?

PSOIX's trailing-twelve-month yield is 7.58%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PSOIX?

Effective duration measures PSOIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PSOIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PSOIX?

PSOIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PSOIX?

Yield to maturity (YTM) is the total return you'd earn from PSOIX if every bond in the portfolio is held to maturity at the current price. PSOIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.