Palmer Square CLO Senior Debt ETF (Palmer Square CLO Senior Debt E) ETF

The index is a rules-based observable pricing and total return index for CLO debt for sale in the United States rated at the time of issuance as AAA or AA by at least one of the major rating agencies or an equivalent rating as determined by Palmer Square Capital Management LLC. The advisor uses an indexing strategy to achieve the fund’s objective. The fund is non-diversified.