Fund Evaluator:
PGIM AAA CLO ETF (PAAA)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
Securitized Bond - Focused
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.19% A
Expense Ratio
$12,404 Mil
Assets
Open
Status
na
12b-1 Fee
5.18%
TTM Yield
0.00%
Max Load
68%
Portfolio Turnover
Best Performing in Securitized Bond - Focused Over the Last Year
| 0.0% | Aristotle Pacific EXclusive Series C (APXCX) |
Data as of 8/31/2026
0.4% D
1-Mo Return
1.2% D
3-Mo Return
3.2% D
YTD Return
4.9% D
1-Yr Return
6.4% B
3-Yr Return
na
5-Yr Return
0.47 B
Category Risk Index
0.05
Total Risk Index
Fund Details
Fund Family
PGIM
Inception Date
7/19/2023
Share Class Type
Equity Investment Style
na
Bond Investment Style
High Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg US Agg Bond TR USD: 100%
Additional Fund Details
PGIM AAA CLO ETF Overview
PAAA Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PAAA Return (NAV) | 0.4% | 1.2% | 4.9% | 6.4% | na | na |
| PAAA Grade | D | D | D | B | na | na |
| +/- Category | 0.1% | 0.4% | 0.8% | 1.9% | na | na |
| Securitized Bond - Focused Avg | 0.3% | 0.8% | 4.1% | 4.5% | 0.3% | 1.5% |
| PAAA Tax Cost Ratio | na | na | 2.1% | 2.3% | na | na |
PAAA Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PAAA Return (NAV) | 3.2% | 5.4% | 7.4% | na | na | na | na | na | na | na | na |
| PAAA Grade | D | D | B | na | na | na | na | na | na | na | na |
| +/- Category | 1.9% | -2.1% | 2.4% | na | na | na | na | na | na | na | na |
| Securitized Bond - Focused Avg | 1.3% | 7.5% | 5.0% | 0.4% | -12.9% | 9.5% | -9.3% | 8.7% | 3.3% | 9.4% | 7.6% |
| Risk Measures | |
| Standard Deviation: | 0.6% |
| Total Risk Index: | 0.05 - Low |
| Category Risk Index: | 0.47 - Average |
| Category Risk Grade: | C (42% Rank) |
| Beta: | 0.02 |
| R-Squared: | 6% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 5.2% |
| Dividend Distribution: | |
| Cap Gains Distribution: | |
| Total Assets: | $12404 Mil |
| Fund Total Assets: | $12,405 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 68% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 3.1 years | |||
| Average Tenure: 3.1 years | |||
| Managers (Year): Wilches Edwin (2023), Rivera Gabriel (2023), Byrnes Connor (2023) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 314 |
| % in Top 10 Holdings: | 16.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 45.4% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 50.5% |
| Foreign Bond: | 45.4% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.1% |
Purchase Information
| Fund Family: | PGIM |
| Phone Number: | 888-247-8090 |
| Website: | www.pgim.com/investments |
| Status: | Open |
| Inception Date: | July 19, 2023 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.19% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 1.21% |
| Share Class: | PGIM AAA CLO ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.