PLTY is trading 3.1% up at $32.15, continuing a strong short-term uptrend following several days of gains.
- Sentiment is being supported by the fund's high yield profile and the latest July 2, 2026 distribution being classified as 100% income rather than return of capital.
- The move is further bolstered by strength in underlying Palantir-related options exposure as the instrument continues its recent rebound narrative.