Palmer Square EUR CLO Senior Debt Index UCITS ETF is a passively managed exchange-traded fund that provides targeted exposure to the senior debt tranches of European collateralized loan obligations. It invests exclusively in AAA and AA rated debt from the European CLO universe, seeking to replicate the performance, before fees and expenses, of the Palmer Square EUR Senior Debt Index, known as ECLOSE. This rules-based, observable pricing and total return index focuses on high-quality, originally rated AAA or AA floating-rate tranches denominated in euros from arbitrage CLOs collateralized by broadly syndicated loans, with issuance dates on or after January 1, 2009. The ETF emphasizes liquidity and diversification within the senior secured CLO market, offering institutional investors a streamlined way to access this segment of structured credit. Structured as a sub-fund of the Irish-domiciled Palmer Square UCITS ICAV, it complies with UCITS regulations and European standards. Designed exclusively for advanced, professional investors and eligible counterparties under MiFID II, it is not available to retail investors and is classified as a complex product involving credit, liquidity, and interest rate risks associated with CLO investments.