Palmer Square Absolute Return Fund Class I

 (MUTF:PSQIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.12%
   
1 week   +0.47%
   
4 week   +1.43%
   
3 month   +2.74%
   
YTD   +1.41%
   
1 year   +10.85%
   
3 years*   +0.47%
   
5 years*   +1.63%
   
*annualized
Best 3 month return+8.95%  
Worst 3 month return-14.35%  

Morningstar statistics

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

Key statistics

Total assets36.60M 
Front load-  
Deferred load-  
Expense ratio1.42%  
Management fee-  
Fund familyPalmer Square 

Asset allocation

Cash10.62%  
Stocks0.64%  
Bonds26.19%  
Other62.54%  

Purchase information

Initial$1,000,000  
Additional$5,000  
8.63+0.01(0.12%)
Jan 19, 7:00PM EST Overall Morningstar RatingTM

Description

The investment seeks capital appreciation with an emphasis on absolute (positive) returns and low correlation to the broad equity and bond markets. The fund seeks to achieve the fund's investment objective by utilizing a variety of strategies and styles in order to achieve favorable risk-adjusted returns over a market cycle through security selection and management of risk exposure. It is non-diversified.
Fund filings (PDF) »
Asset managers:
Christopher Long (Started: May 17, 2011)
Angie Long (Started: May 17, 2011)
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* 0.40 -1.14 -0.89     -
Beta* 0.83 0.37 0.34     -
Mean annual return 0.62 0.03 0.14     -
R-squared* 22.86 10.92 14.39     -
Standard deviation 12.00 7.42 5.97     -
Sharpe ratio 0.60 0.04 0.26     -
* Against standard index

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