PGIM AAA CLO ETF

PAAA

Market cap $4.29B

Overview Fund Activity

51.38 USD

0.00

0%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

51.39

+0.01

0.02%

1 day

0%

5 days

0.04%

1 month

0.06%

3 months

0.14%

6 months

0.25%

Year to date

0.33%

1 year

0.67%

5 years

2.68%

10 years

2.68%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

171% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 14

161% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 28

18% more funds holding

Funds holding: 125 [Q1] → 148 (+23) [Q2]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]

5% more capital invested

Capital invested by funds: $2.42B [Q1] → $2.54B (+$120M) [Q2]

5.2% less ownership

Funds ownership: 78.56% [Q1] → 73.36% (-5.2%) [Q2]

See Fund Rankings

Financial journalist opinion

PAAA: A Fantastic ETF To Access Income-Generating CLOs

PAAA offers an ideal, low-risk way to access AAA CLOs, combining consistent income, capital appreciation, and strong outperformance versus peers and benchmarks. The ETF boasts lower fees, higher returns, and greater liquidity than competitors, making it a robust core or income-generating portfolio holding. AAA CLOs historically have zero defaults, floating rates, and higher yields than Treasuries, but investors should be aware of price volatility and spread compression risks.

PAAA: A Fantastic ETF To Access Income-Generating CLOs

PAAA: Among The Safest AAA CLO ETF

PGIM AAA CLO ETF offers a safer alternative to most AAA CLO funds for risk-on cash allocations. PAAA demonstrated superior performance and stability compared to sector leader JAAA during the recent market downturn and rebound. I recommend PAAA for investors seeking higher yields than savings accounts, CDs, or money markets, with moderate price fluctuation risk.

PAAA: Among The Safest AAA CLO ETF

AAA-Rated CLOs: Safety and Yield in Today's Market

Matt Collins discusses why volatile markets are driving investors to search for safety and steady returns. He makes the case for AAA-rated CLOs, collateralized loan obligations, which have learned from past mistakes and now offer a more attractive risk-return profile than traditional fixed income investments.

AAA-Rated CLOs: Safety and Yield in Today's Market

PAAA: Protecting Your Capital From Continued Declines

PAAA offers stability and resilience amid market volatility, with a 5.5% dividend yield and minimal decline compared to broader indexes. The fund focuses on AAA-rated CLO debt, ensuring high priority for repayment and low risk of default. There have not been any defaults within AAA-rated CLO debt over the last. PAAA's monthly payouts provide consistent income, making it a defensive position to offset market uncertainty and volatility.

PAAA: Protecting Your Capital From Continued Declines

Active ETFs Steal the Show: Topping $1 Trillion Mark

Despite the ETF industry's passive roots, active has stolen the show. Active ETF assets just topped the $1 trillion threshold, making up nearly 10% of the total ETF pie.

Active ETFs Steal the Show: Topping $1 Trillion Mark

Investors Business Daily

Top Advisor Picks 3 ETFs For The New Political World

The S&P 500 just wrapped up its second consecutive year of 20%-plus gains. This year presents a new challenges and best ETFs.

Top Advisor Picks 3 ETFs For The New Political World

ETF Flowdown: Off to the Races in 2025

One month into 2025, and ETFs are already off to the races, hauling in over $100 billion in net inflows in January. Hefty gains across the board reflect continued bullish sentiment on the stock market overall.

ETF Flowdown: Off to the Races in 2025

PAAA: Newer AAA CLO ETF, Competitive Yield, Stable Share Price

PAAA is a newer ETF investing in AAA-rated CLOs. Default rates for these securities are zero. Dividends are good, with a 5.9% yield. Despite potential Fed cuts, PAAA's yield should remain competitive, trading at a 1.0% - 1.5% spread to t-bill rates.

PAAA: Newer AAA CLO ETF, Competitive Yield, Stable Share Price

More Money Market Substitutes Taking Shape

Investors have been married to their money market funds for the better part of the last two years. But a recent poll from VettaFi's Q4 Fixed Income Symposium in October showed more market participants may finally be willing to break out of their comfort zones and redeploy those funds into riskier assets.

More Money Market Substitutes Taking Shape

PAAA: PGIM's Answer To The AAA CLO Dilemma

PGIM launched PAAA in 2023, targeting retail investors with access to the $1.2 trillion collateralized loan obligation (CLO) market, traditionally reserved for institutions. PAAA primarily invests in senior AAA-rated CLO tranches, aiming for total returns through current income and capital appreciation. The fund maintains a high level of diversification, with no single holding exceeding 2%, and invests in a range of issuances from reputable managers.

PAAA: PGIM's Answer To The AAA CLO Dilemma

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