PGIM AAA CLO ETF (PAAA) is an exchange-traded fund in the Securitized Bond Focused category. It has $10.16B in assets, an expense ratio of 0.19% and a 5.28% 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.