We apply molecular dynamics (MD) simulations to investigate structural, thermal, and dynamical properties of Pd−Au−Pt trimetallic nanoparticles confined in armchair single-walled carbon tubes ((n,n)-SWNTs). The metal−carbon interactions are described by a Lennard-Jones (LJ) potential, while the metal−metal interactions are represented by the second-moment approximation of the tight-binding (TB-SMA) potentials. Results illustrate that the confined Pd−Au−Pt metal nanoparticles appear to be of cylindrical multishelled structure, similar to those of gold (or Au−Pt) nanoparticles confined in SWNT and different from free Pd−Au−Pt nanoparticles or bulk gold. For each confined Pd−Au−Pt nanoparticle, gold atoms preferentially accumulate near the tube center, while Pt atoms preferentially distribute near the tube wall. These results are in qualitative agreement with previous observations on Au−Pt nanoparticles confined in SWNT. Importantly, Pd atoms disperse thorough the confined Pd− Au−Pt nanoparticle, which is consistent with caltalytic observations in experiment. The melting temperatures of the confined Pd−Au−Pt nanoparticles are controlled by platinum with greater cohesive energy. The melting temperatures of the confined Pd−Au−Pt nanoparticles are significantly higher than those of the free Pd−Au−Pt nanoparticles, which are caused by the confined interaction of SWNT. Some important dynamic results are obtained in terms of the classical nucleation theory.