Deutsche Börse welcomes Palmer Square as new ETF issuer on Xetra

Release date: 07 Aug 2025 | Deutsche Börse Cash Market

Deutsche Börse welcomes Palmer Square as new ETF issuer on Xetra

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.

Name

Asset class

ISIN

Ongoing charges

Distribution policy

Palmer Square EUR CLO Senior Debt Index UCITS ETF

Fixed Income ETF

IE000JTHNWF0
PCL0 (EUR)
PCLD (USD)
PCLS (GBP)
PCLF (CHF)

0.25%

accumulating

* Trading currency is stated in brackets.

The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2.516 ETFs, 203 ETCs und 276 ETNs. With this selection and an average monthly trading volume of around €25 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.


Further information