PGIM AAA CLO ETF (PAAA)

NYSEARCA: PAAA · Real-Time Price · USD
51.16
-0.03 (-0.06%)
At close: May 9, 2025, 4:00 PM
51.16
0.00 (0.00%)
After-hours: May 9, 2025, 4:10 PM EDT
-0.06%
Assets $3.18B
Expense Ratio 0.19%
PE Ratio n/a
Shares Out 62.33M
Dividend (ttm) $2.75
Dividend Yield 5.37%
Ex-Dividend Date May 1, 2025
Payout Ratio n/a
1-Year Return +0.69%
Volume 731,264
Open 51.21
Previous Close 51.19
Day's Range 51.15 - 51.24
52-Week Low 50.44
52-Week High 52.06
Beta n/a
Holdings 300
Inception Date Jul 19, 2023

About PAAA

Fund Home Page

The 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.

Asset Class Fixed Income
Category Ultrashort Bond
Stock Exchange NYSEARCA
Ticker Symbol PAAA
ETF Provider PGIM

Dividends

Ex-Dividend Amount Pay Date
May 1, 2025 $0.22412 May 5, 2025
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
Full Dividend History

News

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 fro...

19 days ago - Schwab Network

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 ...

5 weeks ago - Seeking Alpha

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.

5 weeks ago - ETF Trends

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,...

3 months ago - Seeking Alpha

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 ...

6 months ago - Seeking Alpha