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PGIM AAA CLO ETF (PAAA)

Securitized Bond Focused · PGIM · NYSE

Securitized Bond FocusedETF
PGIM AAA CLO ETF (PAAA) is an exchange-traded fund in the Securitized Bond Focused category. It has $13.92B in assets, an expense ratio of 0.19% and a 5.10% dividend yield. Under normal circumstances, the fund invests at least 80% of its investable assets in U.S. dollar-denominated collateralized loan obligations (?CLOs?) that are, at the time of purchase, rated AAA (or equivalent) by at least one nationally recognized statistical rating organization (?NRSRO?) or, if unrated, determined by the subadviser to be of comparable quality. The fund is non-diversified.
Assets under management$13.92B
Expense ratio0.19%
CategorySecuritized Bond Focused
Dividend yield5.10%
NAV$51.31
Fund familyPGIM
ExchangeNYSE

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