Deutsche Boerse welcomes Palmer Square as new ETF issuer on Xetra

August 7, 2025-Since Thursday, the first exchange-traded fund issued by Palmer Square has been tradable on Xetra and Börse Frankfurt.
The Palmer Square EUR CLO Senior Debt Index UCITS ETF is passively managed and invests in a diversified portfolio of European floating rate collateralized loan obligations (CLOs) denominated in euros. At least 80 percent of the fund's net assets are invested in AAA-rated CLOs.

Up to 20 percent of net assets can be invested in CLOs with a rating below AAA, provided they have an investment grade rating.

CLOs are securitized loan portfolios that are collateralized by a bundle of corporate loans and offer different risk profiles and return opportunities.

The ETF is available to investors in various trading currencies on Xetra: EUR, USD, GBP and CHF.