PGIM AAA CLO ETF (PAAA)

NYSEARCA: PAAA · Real-Time Price · USD
51.33
+0.01 (0.02%)
Oct 6, 2025, 3:01 PM EDT - Market open
0.02%
Assets$4.61B
Expense Ratio0.19%
PE Ration/a
Shares Out89.05M
Dividend (ttm)$2.64
Dividend Yield5.15%
Ex-Dividend DateOct 1, 2025
Payout FrequencyMonthly
Payout Ration/a
Volume463,545
Open51.33
Previous Close51.32
Day's Range51.32 - 51.33
52-Week Low50.44
52-Week High52.06
Beta0.02
Holdings335
Inception DateJul 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-DividendAmountPay Date
Oct 1, 2025$0.2243Oct 3, 2025
Sep 2, 2025$0.233Sep 4, 2025
Aug 1, 2025$0.2214Aug 5, 2025
Jul 1, 2025$0.2233Jul 3, 2025
Jun 2, 2025$0.229Jun 4, 2025
May 1, 2025$0.2241May 5, 2025
Full Dividend History

Performance

PAAA had a total return of 5.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.10%.

News

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 retur...

2 months ago - Seeking Alpha

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 ma...

4 months ago - Seeking Alpha

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...

6 months 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 ...

6 months ago - Seeking Alpha

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,...

9 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 ...

1 year ago - Seeking Alpha