(PAAA) PGIM Trust - Ratings and Ratios
AAA CLO, Senior Securitized Debt, Investment Grade Floating Rate
Dividends
| Dividend Yield | 5.20% |
| Yield on Cost 5y | 6.09% |
| Yield CAGR 5y | 116.15% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk via 10d forecast | |
|---|---|
| Volatility | 0.74% |
| Value at Risk 5%th | 1.03% |
| Relative Tail Risk | -15.42% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.78 |
| Alpha | 0.82 |
| CAGR/Max DD | 6.68 |
| Character TTM | |
|---|---|
| Hurst Exponent | |
| Beta | 0.036 |
| Beta Downside | 0.076 |
| Drawdowns 3y | |
|---|---|
| Max DD | 1.04% |
| Mean DD | 0.02% |
| Median DD | 0.00% |
Description: PAAA PGIM Trust November 08, 2025
The PGIM ETF Trust’s PAAA (NYSE ARCA:PAAA) is an ultra-short bond ETF that allocates at least 80% of its investable assets to U.S. dollar-denominated collateralized loan obligations (CLOs) rated AAA (or equivalent) by a recognized rating agency, or, if unrated, judged by the sub-adviser to be of comparable quality. The fund’s non-diversified mandate concentrates exposure in a narrow set of high-quality CLO securities, aiming to deliver a low-duration, low-volatility return profile.
According to the most recent fund fact sheet (as of Q3 2024), PAAA carries an expense ratio of 0.18%, holds roughly $210 million in assets under management, and reports a weighted-average maturity of about 1.2 years. Its 30-day SEC yield sits near 3.4%, reflecting the current premium on AAA-rated CLOs relative to Treasury benchmarks.
The ETF’s performance is highly sensitive to three macro-level drivers: (1) Federal Reserve policy on short-term rates, which directly influences the pricing of ultra-short fixed-income instruments; (2) the supply pipeline of new CLO issuances, which affects the availability and pricing of high-grade tranches; and (3) corporate loan market health, as widening credit spreads in the leveraged loan sector can pressure CLO valuations even at the AAA tier. A tightening monetary stance or a slowdown in loan origination could compress yields and increase tracking error.
For a deeper, data-driven comparison of PAAA’s risk-adjusted metrics against peers, you might explore the ValueRay platform’s analytics tools.
What is the price of PAAA shares?
Over the past week, the price has changed by +0.03%, over one month by +0.34%, over three months by +1.10% and over the past year by +5.42%.
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 | 58.9 | 14.9% |
PAAA Fundamental Data Overview November 24, 2025
Beta = 0.0
Revenue TTM = 0.0 USD
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 = 5.42b USD (5.42b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 5.42b)
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 5.42b / 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 = 6.15% (E(5.42b)/V(5.42b) * Re(6.15%) + (debt-free company))
Discount Rate = 6.15% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for PAAA ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle