Is It Too Late to Buy Sprott Physical Silver Trust (PSLV) Stock?
Palm Valley Capital recently released its Q1 2021 Investor Letter, a copy of which you can download here. The fund posted a return of 3.60% for the quarter, underperforming its benchmark, the S&P Small Cap 600 Index which returned 18.23% in the same quarter. You should check out Palm Valley Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q4 2020 Investor Letter, the fund highlighted a few stocks and Sprott Physical Silver Trust (NYSE:PSLV) is one of them. Sprott Physical Silver Trust (NYSE:PSLV) is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. Here is what the fund said: