Palmer Square Capital BDC Releases Q4 2025 Investor Fact Sheet

Diversified portfolio of high-quality corporate debt investments generates strong returns across markets

Published on Feb. 26, 2026

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Palmer Square Capital BDC Inc. (NYSE: PSBD), a business development company that primarily invests in corporate debt securities across private companies in the U.S., has released its Q4 2025 Investor Fact Sheet. The BDC, managed by Palmer Square BDC Advisor LLC, a subsidiary of Palmer Square Capital Management LLC, has a differentiated investment approach focused on larger, higher-quality loans and an opportunistic strategy to deploy capital quickly across markets.

Why it matters

As a publicly traded BDC, Palmer Square Capital BDC provides shareholders with transparency into the value of its diversified portfolio of corporate debt investments. The company's unique fee structure and focus on risk management have allowed it to generate strong returns across market cycles.

The details

Palmer Square Capital BDC's $1.2 billion investment portfolio is diversified across 205 portfolio companies in 42 industries, with a focus on senior secured, floating rate debt. The portfolio has a weighted average EBITDA of $436 million and an average hold size of $4.7 million. The company has maintained a low non-accrual rate of 0.1% and a weighted average interest coverage ratio of 2.6x.

  • Palmer Square Capital BDC was founded in 2009 and is based in Kansas City.
  • The Q4 2025 Investor Fact Sheet is as of December 31, 2025.

The players

Palmer Square Capital BDC Inc.

A business development company that primarily invests in corporate debt securities across private companies in the U.S.

Palmer Square BDC Advisor LLC

The investment adviser to Palmer Square Capital BDC Inc. and a majority-owned subsidiary of Palmer Square Capital Management LLC.

Palmer Square Capital Management LLC

The parent company of Palmer Square BDC Advisor LLC, founded in 2009 and based in Kansas City, that manages $36.2 billion in fixed income and credit investments.

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The takeaway

Palmer Square Capital BDC's differentiated investment approach, focused on larger, higher-quality corporate debt investments, has allowed it to generate strong returns across market cycles. As a publicly traded BDC, the company provides shareholders with transparency into the value of its diversified portfolio.