(PAAA) PGIM Trust - Overview
Etf: AAA CLOs, US Dollar, Non-Diversified
Dividends
| Dividend Yield | 5.50% |
| Yield on Cost 5y | 6.00% |
| Yield CAGR 5y | 37.30% |
| Payout Consistency | 95.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 0.59% |
| Relative Tail Risk | -14.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.81 |
| Alpha | 0.82 |
| Character TTM | |
|---|---|
| Beta | 0.036 |
| Beta Downside | 0.077 |
| Drawdowns 3y | |
|---|---|
| Max DD | 1.04% |
| CAGR/Max DD | 6.65 |
Description: PAAA PGIM Trust January 11, 2026
The PGIM ETF Trust’s PAAA ETF is a non-diversified, securitized-bond fund that allocates at least 80% of its assets to U.S. dollar-denominated collateralized loan obligations (CLOs) rated AAA (or deemed equivalent) at purchase, according to a nationally recognized statistical rating organization or the sub-adviser’s internal assessment.
Key metrics to watch include the fund’s weighted-average life (≈ 5.5 years as of the latest filing), its net expense ratio (0.45%), and the current AAA-rated CLO issuance volume, which has hovered around $30 billion in 2024-a level that reflects robust loan-market demand despite tightening credit spreads. The sector’s performance is highly sensitive to Fed policy; a 25 bp rate hike typically compresses CLO yields by 5–7 bp, while widening corporate credit spreads can increase default risk even among top-rated tranches.
For a deeper, data-driven view of PAAA’s risk-return profile, you might explore ValueRay’s analytics platform, which offers granular scenario testing and peer comparisons.
What is the price of PAAA shares?
Over the past week, the price has changed by +0.08%, over one month by +0.51%, over three months by +1.39% and over the past year by +5.32%.
Is PAAA a buy, sell or hold?
What are the forecasts/targets for the PAAA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 56.9 | 10.8% |
PAAA Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 7.26b USD (7.26b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 7.26b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 7.26b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.05% (E(7.26b)/V(7.26b) * Re(6.05%) + (debt-free company))
Discount Rate = 6.05% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)