Palmer Square Capital BDC (PSBD) Base Management Fees (2020 - 2026)
Palmer Square Capital BDC (PSBD) recorded Base Management Fees of $1.83 million in Q2 2026, down 18.2% from $2.23 million a year earlier and down 5.5% from the prior quarter.
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Analysis
Palmer Square Capital BDC (PSBD) Base Management Fees (2020 - 2026) Analysis & Trends
On a TTM basis, Palmer Square Capital BDC's Base Management Fees came in at $8.13 million as of Jun 30, 2026, down 13.5% year-over-year; for FY2025, it came in at $8.94 million, down 7.9% from FY2024.
- Annual Base Management Fees has a four-year compound annual growth rate of 8.8% (FY2021 to FY2025).
- Across earlier years, Base Management Fees came in at $9.7 million in FY2024 (+15.4%), $8.41 million in FY2023 (+1.0%), $8.33 million in FY2022 (+30.8%) and $6.37 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Base Management Fees since Q3 2021.
- On a year-over-year basis, Base Management Fees has declined for six consecutive quarters, with an average decline of 6.2% over the last eight quarters.
- Peak year-over-year performance for Base Management Fees in the last five years was growth of 34.2% in Q3 2022, against a decline of 18.2% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.93 million (Q1 2026), $2.13 million (Q4 2025) and $2.24 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - |
| 10 | Palmer Square Capital BDC | 299.93 Mn | 290.89 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.81 Mn |
| Jun 30, 2026 | 1.83 Mn |
| Mar 31, 2026 | 1.93 Mn |
| Dec 31, 2025 | 2.13 Mn |
| Sep 30, 2025 | 2.24 Mn |
| Jun 30, 2025 | 2.23 Mn |
| Mar 31, 2025 | 2.33 Mn |
| Dec 31, 2024 | 2.41 Mn |
| Sep 30, 2024 | 2.42 Mn |
| Jun 30, 2024 | 2.45 Mn |
| Mar 31, 2024 | 2.42 Mn |
| Dec 31, 2023 | 2.25 Mn |
| Sep 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 2.05 Mn |
| Mar 31, 2023 | 1.91 Mn |
| Dec 31, 2022 | 1.87 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 2.20 Mn |
| Mar 31, 2022 | 2.26 Mn |
| Dec 31, 2021 | 2.25 Mn |
API Access
Palmer Square Capital BDC Base Management Fees API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=base-management-fees&ticker=PSBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "base-management-fees", "ticker": "PSBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=base-management-fees&ticker=PSBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();