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PGIM AAA CLO ETF (PAAA)

$51.47

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Key data on PAAA

AUM

$7.72B

P/E ratio

12.4

Dividend yield

5.0948%

Expense ratio

0.19%

Beta

0.029887

Price on PAAA

Previous close

$51.47

Today's open

$51.49

Day's range

$51.46 - $51.49

52 week range

$50.44 - $52.06

Profile about PAAA

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Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

PAAA industries and sectors

Bonds

Domestic

News on PAAA

Bond ETF Bulls on Parade

The opening act of 2026 has been nothing short of historic for the ETF industry, and fixed income is experiencing one of the strongest starts to a year on record.

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ETF Trends • 11 hours ago

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Fixed Income Portfolio Update: 5.5% Yield With Minimal Risk

Constructing a stable income portfolio in today's volatile market favors CLO bond ETFs with strong yield and minimal drawdown. My recent portfolio revision removed underperforming or volatile funds, and adding top-performing AAA CLO ETFs and a diversified alternative. PAAA, CLOB, and UYLD are highlighted for superior total return, low drawdown, and attractive yield in their respective classes, with UYLD offering a near-treasury risk profile but higher yield.

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Seeking Alpha • Jan 11, 2026

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PAAA Versus JAAA: Comparing These Two High-Quality CLO ETFs

Lots of readers have asked me to compare PAAA and JAAA, in light of the former's losses earlier in the year. Said losses were mostly due to a temporary spike in JAAA's discount, with NAV returns being extremely close together. In my opinion, JAAA's small, temporary discount should be of little. Besides these losses, there are basically no meaningful differences between the ETFs, and I consider them to be effectively interchangeable choices.

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Seeking Alpha • Oct 29, 2025

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PAAA: Defensive Yield In Uncertain Times

PAAA is an ETF that actively operates on AAA CLOs and provides a competitive yield compared to agg. bond and its competitors. I think that today the reduction of the risk premium and the increase in the risk of systemic shocks favor solutions like PAAA. The disconnection from these asset classes makes it, in my opinion, a diversifying and defensive component of the portfolio, even in uncertain times like the current one.

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Seeking Alpha • Oct 17, 2025

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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 returns, and greater liquidity than competitors, making it a robust core or income-generating portfolio holding. AAA CLOs historically have zero defaults, floating rates, and higher yields than Treasuries, but investors should be aware of price volatility and spread compression risks.

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Seeking Alpha • Aug 3, 2025

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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 market downturn and rebound. I recommend PAAA for investors seeking higher yields than savings accounts, CDs, or money markets, with moderate price fluctuation risk.

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Seeking Alpha • May 22, 2025

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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 from past mistakes and now offer a more attractive risk-return profile than traditional fixed income investments.

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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 for repayment and low risk of default. There have not been any defaults within AAA-rated CLO debt over the last. PAAA's monthly payouts provide consistent income, making it a defensive position to offset market uncertainty and volatility.

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Seeking Alpha • Apr 4, 2025

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Active ETFs Steal the Show: Topping $1 Trillion Mark

Despite the ETF industry's passive roots, active has stolen the show. Active ETF assets just topped the $1 trillion threshold, making up nearly 10% of the total ETF pie.

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ETF Trends • Apr 2, 2025

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Top Advisor Picks 3 ETFs For The New Political World

The S&P 500 just wrapped up its second consecutive year of 20%-plus gains. This year presents a new challenges and best ETFs.

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Investors Business Daily • Feb 7, 2025

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