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PGIM AAA CLO ETF seeks to generate current income, with a secondary objective of capital preservation. The Fund is an actively managed exchange-traded fund that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings made for investment purposes) in collateralized loan obligations ("CLOs") that are rated, at the time of purchase, AAA or an equivalent rating by a nationally recognized statistical rating organization.
Pgim Aaa Clo ETF trades on the ARCA stock market under the symbol PAAA.
As of May 1, 2026, PAAA stock price climbed to $51.31 with 4,685,307 million shares trading.
PAAA has a beta of 0.03, meaning it tends to be less sensitive to market movements. PAAA has a correlation of 0.33 to the broad based SPY ETF.
PAAA has a market cap of $8.98 billion. This is considered a Mid Cap stock.
PAAA has underperformed the market in the last year with a price return of +5.4% while the SPY ETF gained +30.4%. PAAA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.4% and +0.3%, respectively, while the SPY returned +4.4% and +1.5%, respectively.
PAAA support price is $51.27 and resistance is $51.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PAAA shares will trade within this expected range on the day.
