Palmer Square Credit Opportunities ETF

Frequently Asked Questions About PSQO

What does PSQO invest in?

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in debt securities. The fund may invest in domestic and foreign debt securities of any maturity and credit quality, including securities rated below investment grade and unrated securities determined by the fund’s investment advisor to be of comparable credit quality. The fund is non-diversified.

What is the expense ratio of PSQO?

Palmer Square Credit Opportunities ETF (PSQO) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

What is PSQO's dividend yield?

PSQO's trailing-twelve-month yield is 4.50%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PSQO?

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

What is the credit quality of PSQO?

PSQO'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 PSQO?

Yield to maturity (YTM) is the total return you'd earn from PSQO if every bond in the portfolio is held to maturity at the current price. PSQO'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.