Palmer Square Ultra-Short Duration Investment Grade Fund (PSDSX)

Overview

The fund is designed to primarily invest in a diversified portfolio of debt securities that are considered investment grade. This focus on investment-grade debt securities aims to provide a balance between income generation and capital preservation, making it an attractive option for conservative investors. The fund's strategy involves allocating at least 80% of its net assets, along with any funds borrowed for investment purposes, towards securities that have been rated investment grade at the time of purchase. Investment grade ratings come from major credit rating agencies such as Moody's, Standard & Poor's (S&P), and Fitch. These ratings indicate a lower risk of default and are a key factor in determining the overall risk profile of the fund's portfolio.

Products and Services

• Debt Securities

  The fund invests in debt securities that are rated investment grade at the time of purchase. These securities include bonds and other debt instruments that are expected to pay back the principal along with interest over a fixed period. The focus on investment-grade debt securities, specifically those rated Baa3 or higher by Moody's or BBB- or higher by Standard & Poor's or Fitch, aims to ensure a lower risk of default and provide a stable income stream for the fund's investors.

• Investment Grade Securities

  Investment grade securities are a key component of the fund's investment strategy. These securities are rated in the Baa3 or higher categories by Moody's, or in the BBB- or higher categories by Standard & Poor's or Fitch, indicating a lower risk of default. The fund also considers securities that are unrated by these agencies but are deemed by the fund's advisor to be of comparable credit quality. This selective approach helps in maintaining a high-credit-quality portfolio that aims to deliver consistent returns with relatively low risk.