Exhibit 99.1
Palmer Square Capital BDC Inc. Fund Level Metrics (12/31/2022) Portfolio Credit Quality (12/31/2022) Monthly Performance Net of Fees as of 01/31/2023 '–' Dollar Weighted Average Levered Coupon1 16.09% Average Price $88.45 Debt to Equity Ratio 1.76x NAV / Share (as of 01/31/23) $16.00 BB 2% B 86% CCC 8% NR 4% Past performance does not guarantee future returns. Time Weighted performance provides performance of the Fund based on Net Asset Value (NAV). Performance returns assume the reinvestment of all dividends. 1Net of financing costs. Past performance does not guarantee future returns. Inception of the Palmer Square BDC is 01/23/2020. Time Weighted performance provides performance of the Fund based on Net Asset Value (NAV). Dollar Weighted performance provides the actual net of fee performance of an initial investor in the Fund since inception, 50% of whose capital was called 01/23/2020 and 50% called 03/17/2020. Palmer Square Capital BDC, Inc. ("Palmer Square BDC") will seek to maximize total return, comprised of current income, with added potential for capital appreciation depending on market environments. Unlike many other BDCs, who focus on investing in small/mid-sized companies, the Palmer Square BDC is primarily focused on broadly-syndicated senior debt (first lien). The Palmer Square BDC will employ Palmer Square'’'s disciplined investment strategy which emphasizes flexibility, while still targeting an attractive yield. 15 Portfolio Allocation (12/31/2022) Bank Loans 96% CLO Equity 2% CLO Debt 2% Fund Performance Metrics as of 01/31/2023 (net of fees) Cumulative Return Since Inception Palmer Square BDC '–' Dollar Weighted 5.31% Palmer Square BDC '–' Time Weighted 0.75% Please see Notes and Disclosure. Past performance does not guarantee future results. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD 2023 6.95% 6.95% 2022 0.85% -1.33% -0.25% 0.10% -7.43% -7.58% 3.35% 4.00% -8.68% -1.13% 2.21% -0.83% -16.37% 2021 1.89% 0.78% -0.58% 0.63% 0.97% 0.29% -0.24% 0.53% 1.17% 0.19% -0.39% 1.07% 6.48% 2020 -15.54% 7.40% 7.46% 1.13% 4.25% 1.89% 0.35% -0.40% 3.30% 2.30% 10.58% '©' PALMER SQUARE CAPITAL MANAGEMENT LLC WWW.PALMERSQUARECAP.COM FOR USE WITH ACCREDITED INVESTORS ONLY.
