PSYPX Performance — Palmer Square Income Plus Fund, Class I
Data updated: 2025-11-26
PSYPX returned +5.23% over one year to Sep 2025. Annualised returns are +7.27% over 3 years and +4.35% over 5 years. The fund trailed its Global Short-Term Core Bond category average: $100 invested three years ago grew to $123, against $124 for the category, and to $105 over one year, against $106. Volatility over the past three years was 1.49% a year. In the 12 months to Sep 2025 the fund took in a net $125.1M, and assets reached $1.08B.
PSYPX Growth of $100
What $100 invested in Palmer Square Income Plus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Short-Term Core Bond category average over the same months.
| Period | PSYPX | Category average |
|---|---|---|
| 1 year (Oct 2024 – Sep 2025) | $105 | $106 |
| 3 years (Oct 2022 – Sep 2025) | $123 | $124 |
| 5 years (Oct 2020 – Sep 2025) | $124 | $118 |
| Since data start (Jan 2020 – Sep 2025) | $126 | $120 |
PSYPX Trailing Returns
Total returns to Sep 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.23% |
| 3 years (annualised) | +7.27% |
| 5 years (annualised) | +4.35% |
PSYPX Annual Returns
Calendar-year total returns of Palmer Square Income Plus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Sep) | +4.02% |
| 2024 | +6.82% |
| 2023 | +8.78% |
| 2022 | −0.76% |
| 2021 | +1.17% |
| 2020 | +3.65% |
PSYPX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.6% | +0.5% | +0.1% | +0.4% | +0.5% | +0.6% | +0.3% | +0.6% | +0.4% | — | — | — |
| 2024 | +0.8% | +0.3% | +0.6% | +0.2% | +0.9% | +0.5% | +0.9% | +0.6% | +0.7% | +0.3% | +0.5% | +0.4% |
| 2023 | +1.7% | −0.1% | 0.0% | +0.7% | +0.2% | +0.8% | +1.2% | +0.8% | +0.3% | +0.2% | +1.3% | +1.3% |
| 2022 | −0.1% | −0.3% | −0.2% | −0.3% | −1.0% | −1.1% | +0.7% | +0.9% | −1.5% | 0.0% | +1.7% | +0.4% |
| 2021 | +0.3% | +0.2% | −0.1% | +0.2% | +0.2% | 0.0% | +0.1% | +0.1% | +0.1% | 0.0% | −0.2% | +0.2% |
| 2020 | +0.6% | −0.4% | −8.2% | +3.2% | +3.2% | +1.8% | +1.0% | +0.7% | +0.1% | 0.0% | +1.4% | +0.5% |
PSYPX Risk
Risk measures from monthly returns over Oct 2022 – Sep 2025.
- 3-year volatility (annualised): 1.49%
- 3-year Sharpe ratio: 1.86 (vs 4.5% risk-free rate)
- Best month: +1.67% (Nov 2022)
- Worst month: −0.10% (Feb 2023)
PSYPX Fund Flows
Monthly money in and out of Palmer Square Income Plus Fund, from SEC Form N-PORT.
- 12-month net flow: $125.1M
- 12-month gross sales (incl. reinvestments): $429.7M
- Sales ÷ redemptions: 1.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2025 | $51.9M | $32.8M | $19.2M |
| Aug 2025 | $22.8M | $36.4M | −$13.7M |
| Jul 2025 | $24.8M | $12.9M | $11.9M |
| Jun 2025 | $29.2M | $26.3M | $2.9M |
| May 2025 | $23.1M | $13.5M | $9.6M |
| Apr 2025 | $22.5M | $25.4M | −$2.8M |
| Mar 2025 | $46.5M | $42.0M | $4.5M |
| Feb 2025 | $32.4M | $15.0M | $17.4M |
| Jan 2025 | $91.2M | $15.9M | $75.2M |
| Dec 2024 | $50.6M | $19.1M | $31.5M |
| Nov 2024 | $17.1M | $28.2M | −$11.1M |
| Oct 2024 | $17.5M | $37.1M | −$19.5M |
PSYPX Assets Under Management
Net assets of Palmer Square Income Plus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-09-30 | $1.08B |
| 2025-06-30 | $1.06B |
| 2025-03-31 | $1.04B |
| 2024-12-31 | $946.74M |
| 2024-09-30 | $948.00M |
| 2024-06-30 | $912.63M |
| 2024-03-31 | $916.26M |
| 2023-12-31 | $835.90M |
| 2023-09-30 | $820.00M |
| 2023-06-30 | $812.45M |
| 2023-03-31 | $889.23M |
| 2022-12-31 | $897.03M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.