PGIM AAA CLO ETFPAAA
PAAA
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
3,400% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 1
740% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 5
700% more capital invested
Capital invested by funds: $335M [Q3] → $2.68B (+$2.34B) [Q4]
167.02% more ownership
Funds ownership: 73.79% [Q3] → 240.81% (+167.02%) [Q4]
100% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 6 (+3) [Q4]
62% more funds holding
Funds holding: 52 [Q3] → 84 (+32) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for PAAA.
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
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.
Positive
ETF Trends
2 weeks ago
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.
Neutral
Investors Business Daily
2 months ago
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.
Positive
ETF Trends
2 months ago
ETF Flowdown: Off to the Races in 2025
One month into 2025, and ETFs are already off to the races, hauling in over $100 billion in net inflows in January. Hefty gains across the board reflect continued bullish sentiment on the stock market overall.
Positive
Seeking Alpha
3 months ago
PAAA: Newer AAA CLO ETF, Competitive Yield, Stable Share Price
PAAA is a newer ETF investing in AAA-rated CLOs. Default rates for these securities are zero. Dividends are good, with a 5.9% yield. Despite potential Fed cuts, PAAA's yield should remain competitive, trading at a 1.0% - 1.5% spread to t-bill rates.
Neutral
ETF Trends
5 months ago
More Money Market Substitutes Taking Shape
Investors have been married to their money market funds for the better part of the last two years. But a recent poll from VettaFi's Q4 Fixed Income Symposium in October showed more market participants may finally be willing to break out of their comfort zones and redeploy those funds into riskier assets.
Positive
Seeking Alpha
5 months ago
PAAA: PGIM's Answer To The AAA CLO Dilemma
PGIM launched PAAA in 2023, targeting retail investors with access to the $1.2 trillion collateralized loan obligation (CLO) market, traditionally reserved for institutions. PAAA primarily invests in senior AAA-rated CLO tranches, aiming for total returns through current income and capital appreciation. The fund maintains a high level of diversification, with no single holding exceeding 2%, and invests in a range of issuances from reputable managers.
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