The Sprott Physical Silver Trust (PSLV) is a mutual fund that invests in physical silver bullion. It is designed to provide investors with a convenient and cost-effective way to gain exposure to the silver market. The fund is managed by Sprott Asset Management and aims to track the performance of the silver spot price. PSLV is a popular choice for investors looking to diversify their portfolio and potentially benefit from the long-term growth potential of silver.