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PAAA

ETF

PGIM AAA CLO ETF

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$51.38
+$0.00 (0.00%)
At close: Nov 12, 2026, 4:00 PM

Description

The PGIM AAA CLO ETF (PAAA) invests primarily in U.S. dollar‑denominated collateralized loan obligations that are rated AAA (or equivalent), focusing on the senior, most protected tranches of these securitized loan portfolios, which are largely composed of senior secured corporate loans from U.S. issuers. Its active management approach uses fundamental and quantitative analysis to select individual CLO tranches based on credit fundamentals, structural features and relative value, aiming for current income and modest capital appreciation while maintaining very low interest‑rate sensitivity through floating‑rate coupons. The fund is suited for income‑focused investors seeking higher yields than traditional government or investment‑grade bond funds but who want the higher credit quality and diversification benefits of structured credit, as well as for portfolio builders looking for a low‑duration, defensively positioned fixed‑income component.

Dividend

4.68%annual yield
monthly payout
Ex-Dividend: Nov 30, 2026 (est.)
Payment: Dec 3, 2026 (est.)
Dividend history
AmountEx-DatePayment Date
$0.21Oct 30, 2026Nov 3, 2026
$0.19Sep 30, 2026Oct 2, 2026
$0.20Aug 31, 2026Sep 2, 2026

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