Palmer Square SSI Alternative Income Fund Class A

 (MUTF:PSCAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.10%
   
4 week   +0.89%
   
3 month   +0.78%
   
YTD   +0.72%
   
1 year   +8.19%
   
3 years*   +0.62%
   
5 years*   -  
*annualized
Best 3 month return+4.59%  
Worst 3 month return-3.49%  

Morningstar statistics

Morningstar category: Market Neutral
  Return Risk Rating
3 years Average Below Average
5 years     -     - -
10 years     -     - -
Overall Average Below Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets280.34M 
Front load5.75%  
Deferred load-  
Expense ratio1.81%  
Management fee-  
Fund familyPalmer Square 

Asset allocation

Cash1.41%  
Stocks-3.77%  
Bonds5.07%  
Preferred22.81%  
Convertible60.27%  
Other45.04%  

Purchase information

Initial$2,500  
Additional$100  
IRA Initial$2,500  
AIP Initial$2,500  
AIP Additional$100  
9.830.00(0.00%)
Jan 19, 7:00PM EST Overall Morningstar RatingTM

Description

The investment seeks income; as a secondary investment objective to seeks absolute returns. The fund seeks to invest in convertible securities and to establish short positions in the common stock of the issuers of those convertible securities. The term "convertible security" refers to a bond or a preferred stock that can be converted into shares of a company's common stock. It will generally invest in convertible securities that are part of an issuance that is at least $40 million in size, which may be issued by U.S. or non-U.S. companies. The fund is non-diversified.
Fund filings (PDF) »
Asset managers:
Alexander Volz (Started: May 25, 2012)
Dagney Hollander (Started: Aug 1, 2013)
George Douglas (Started: May 25, 2012)
Advisor Company:
Palmer Square Capital Management LLC
Fund family reports on Morningstar »
Palmer Square, 11300 Tomahawk Creek Parkway, Suite 200, Leawood, KS 66211, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 4.95 0.22     -     -
Beta* 0.05 0.08     -     -
Mean annual return 0.45 0.05     -     -
R-squared* 0.26 0.73     -     -
Standard deviation 3.59 2.73     -     -
Sharpe ratio 1.41 0.16     -     -
* Against standard index

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