A strong Process Pillar rating isn't sufficient for Palmer Square Ultra-Short Dur IG to overcome lower marks in Parent and other areas. This strategy retains its Morningstar Quantitative Rating of Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
NAV / 1-Day Return
19.69 / 0.05 %
Adj. Expense Ratio
Distribution Fee Level
Share Class Type
Credit Quality / Interest Rate SensitivityMedium / Limited
Min. Initial Investment
Morningstar’s Analysis PSDSX
Will PSDSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.