PAAA ETF Analysis: PGIM AAA CLO | NYSE
Securitized Bond - Focused | NYSE, USA | Market Cap: 10.618m USD | 12M Return: 5.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 85.4M
Warnings
Tailwinds
No distinct edge detected
Seasonality 2.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
PGIM AAA CLO ETF (PAAA) invests at least 80% of its assets in U.S. dollar-denominated collateralized loan obligations (CLOs) that carry an AAA rating (or the local-currency equivalent) from at least one nationally recognized statistical rating organization at the time of purchase, or, if unrated, are judged by the subadviser to be of comparable credit quality. The fund is structured as a non-diversified ETF in the securitized bond category and was launched in mid-2023.
CLOs are structured credit vehicles backed primarily by pools of below-investment-grade corporate loans, with the capital structure divided into senior and subordinated tranches that carry different risk and return profiles. AAA tranches represent the most senior layer of the structure, sitting at the top of the payment waterfall and typically receiving the highest credit enhancement, which is why they are often targeted by investors seeking investment-grade-yield exposure to the leveraged loan market.
- AAA CLO spreads compress on sustained demand for floating-rate debt
- Fed rate path shapes floating-rate CLO arbitrage and new issuance volumes
- Rising leveraged loan defaults pressure underlying CLO collateral performance
As of July 18, 2026, the stock is trading at USD 51.40 with a total of 1,306,799 shares traded. Over the past week, the price has changed by +0.08%, over one month by +0.38%, over three months by +1.23% and over the past year by +5.06%.
Current recommended Stop Loss: 51.30 (which is 0.2% or 2.5 ATR below the current price).
PGIM AAA CLO has no consensus analysts rating.