PGIM AAA CLO ETF (PAAA)
| Assets | $3.05B |
| Expense Ratio | 0.19% |
| PE Ratio | n/a |
| Shares Out | 59.93M |
| Dividend (ttm) | $2.80 |
| Dividend Yield | 5.50% |
| Ex-Dividend Date | Apr 1, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | +0.21% |
| Volume | 717,047 |
| Open | 50.95 |
| Previous Close | 50.91 |
| Day's Range | 50.92 - 51.00 |
| 52-Week Low | 50.44 |
| 52-Week High | 52.06 |
| Beta | n/a |
| Holdings | 300 |
| Inception Date | Jul 19, 2023 |
About PAAA
Fund Home PageThe PGIM AAA CLO ETF (PAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds USD-denominated collateralized loan obligations with AAA credit rating. Securities are selected using both top-down analysis and bottom-up research. PAAA was launched on Jul 19, 2023 and is issued by PGIM.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2025 | $0.23127 | Apr 3, 2025 |
| Mar 3, 2025 | $0.19161 | Mar 5, 2025 |
| Feb 3, 2025 | $0.21197 | Feb 5, 2025 |
| Dec 27, 2024 | $0.24915 | Jan 3, 2025 |
| Dec 2, 2024 | $0.1965 | Dec 6, 2024 |
| Nov 1, 2024 | $0.20484 | Nov 7, 2024 |
News
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 ...
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,...
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 ...