Palmer Square Capital BDC (PSBD)

• Market cap: $483M
• 1 day: -1.07%
• 5 days: -2.50%
• 1 month: -5.61%
• 3 months: -7.67%
• 6 months: -9.42%
• Year to date: -3.71%
• 1 year: -9.03%
• 5 years: -8.52%
• 10 years: -8.52%

About: Palmer Square Capital BDC Inc is a financial services company that lends to and invests in corporate debt securities of companies, including small to large private U.S. companies. Their investment objective is to maximize total return, comprised of current income and capital appreciation.

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

300% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 4 (+3) [Q4]

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

148% more capital invested

Capital invested by funds: $84.7M [Q3] → $210M (+$125M) [Q4]

113% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 8

26.07% more ownership

Funds ownership: 15.9% [Q3] → 41.96% (+26.07%) [Q4]

10% more funds holding

Funds holding: 30 [Q3] → 33 (+3) [Q4]