Shareholder Report | 12 Months Ended |
Aug. 31, 2024 USD ($) $ / shares |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Series Portfolios Trust |
Entity Central Index Key | 0001650149 |
Entity Investment Company Type | N-1A |
Document Period End Date | Aug. 31, 2024 |
Panagram BBB-B CLO ETF | |
Shareholder Report [Line Items] | |
Fund Name | Panagram BBB-B CLO ETF |
Class Name | Panagram BBB-B CLO ETF |
Trading Symbol | CLOZ |
Security Exchange Name | NYSEArca |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Panagram BBB-B CLO ETF for the period of September 1, 2023, to August 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://clozfund.com/ . You can also request this information by contacting us at 1-800-617-0004 . |
Additional Information Phone Number | 1-800-617-0004 |
Additional Information Website | https://clozfund.com/ |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Panagram BBB-B CLO ETF $53 0.50% |
Expenses Paid, Amount | $ 53 |
Expense Ratio, Percent | 0.50% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? As of August 31, 2024, the Fund’s Net Asset Value (“NAV”) reached $456.6 million, from $83.2 as of the beginning of the 12-month period. The Fund’s investment composition comprised of 43.4% CLO BB bonds, 48.5% in CLO BBB bonds, 0.8% in CLO A bonds, and 7.3% cash and other. For the 12-month period ended August 31, 2024, the Fund issued 14,300,000 new shares at a weighted average price of $26.52 per share, raising $379.2 million in equity. As of August 31, 2024, the Fund’s NAV was $26.86 per share, which was up from $25.99 per share at the beginning of the 12-month period. For the 12-month period ended August 31, 2024, the Fund returned 13.17% on a NAV basis and 12.97% on a market price basis. Comparatively, the Fund’s benchmarks, the Bloomberg U.S. Aggregate Bond Index and the J.P. Morgan CLO High Quality Mezzanine Index, had returns of 7.30% and 14.60% for the same period. From inception through August 31, 2024, the Fund returned 14.42% on a NAV basis and 14.61% on a market price basis. Comparatively, the Fund’s benchmarks had returns of 3.67% and 15.38% for the same period. The 12-month and inception to date returns were a result of interest income on the CLO bonds and increases in their fair values during the periods. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) 1 Year Since Inception (01/23/2023) Panagram BBB-B CLO ETF NAV 13.17 14.42 Panagram BBB-B CLO ETF Market 12.97 14.61 Bloomberg U.S. Aggregate Bond Index 7.30 3.67 JP Morgan CLO High Quality Mezzanine Index Total Return 14.60 15.38 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://clozfund.com/ for more recent performance information. Visit https://clozfund.com/ for more recent performance information. |
Net Assets | $ 456,568,743 |
Holdings Count | $ / shares | 163 |
Advisory Fees Paid, Amount | $ 1,241,517 |
Investment Company Portfolio Turnover | 21% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of August 31, 2024) Net Assets $456,568,743 Number of Holdings 163 Net Advisory Fee $1,241,517 Portfolio Turnover 21% 30-Day SEC Yield 9.32% 30-Day SEC Yield Unsubsidized 9.32% |
Holdings [Text Block] | Top 10 Issuers (% of net assets) Palmer Square CLO 2018-2 Ltd. 2.0% Ares LXIV CLO Ltd. 2.0% Octagon 61 Ltd. 1.8% Wellman Park CLO Ltd. 1.6% Madison Park Funding XXXVII Ltd. 1.6% Octagon Investment Partners 29 Ltd. 1.5% Elmwood CLO 18 Ltd. 1.5% Goldentree Loan Management US CLO 12 Ltd. 1.5% OHA Credit Funding 8 Ltd. 1.4% CIFC Funding 2021-II Ltd. 1.4% |
Updated Prospectus Web Address | https://clozfund.com/ |