Pgim Aaa Clo Etf (PAAA) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $51.23 to $51.35
• 50-Day Range: $50.59 to $51.34
• 52-Week Range: $50.44 to $52.06
• Volume: 626,945 shs
• Average Volume: 580,276 shs
• Market Capitalization: $3.16 billion
• Assets Under Management: $3.28 billion
• Dividend Yield: 5.36%
• Net Expense Ratio: 0.19%
• Aggregate Rating: N/A

PAAA ETF - Frequently Asked Questions

How have PAAA shares performed this year?

Pgim Aaa Clo Etf's stock was trading at $51.20 on January 1st, 2025. Since then, PAAA shares have increased by 0.2% and is now trading at $51.30.
View the best growth stocks for 2025 here.

Who are Pgim Aaa Clo Etf's major shareholders?

Top institutional shareholders of Pgim Aaa Clo Etf include LPL Financial LLC (4.20%), Townsquare Capital LLC (2.71%), Norden Group LLC (2.69%) and Raymond James Financial Inc. (1.05%).

How do I buy shares of Pgim Aaa Clo Etf?

Shares of PAAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Pgim Aaa Clo Etf own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pgim Aaa Clo Etf investors own include SPDR ICE Preferred Securities ETF (PSK), Western Asset Managed Municipals Fund (MMU), JPMorgan Equity Premium Income ETF (JEPI) and Strategy Shares NASDAQ 7 HANDL ETF (HNDL).

Fund Details

• Issuer: PGIM Investments
• Fund Name: PGIM AAA CLO ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:PAAA
• Inception Date: 7/19/2023
• Fund Manager: Edward Wilches, Gabriel Rivera, Connor Byrnes
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Corporate
• Focus: Broad Market
• Development Level: Blended Development
• Region: North America
• Number of Holdings: 306

Fund Statistics

• Assets Under Management: $3.28 billion
• Average Daily Volume: $0.00
• Discount/Premium: 0.03%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: PGIM Investments LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Prudential Investment Management Services LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 73,400 shs

Miscellaneous

• Outstanding Shares: 61,530,000
• Beta: 0.01
• Creation Unit: 50,000
• Creation Fee: $2,000.00