# PGIM AAA CLO ETF (PAAA) — Overview

PAAA · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/paaa

## Price

Last close $51.40 on Oct 15, 2026. 52-week range $51.18 – $51.54.

## Fund profile

PAAA is an actively managed fund that holds USD-denominated collateralized loan obligations with AAA credit rating. Securities are selected using both top-down analysis and bottom-up research.

| Metric | Value |
| --- | --- |
| Issuer | PGIM Investments LLC |
| Industry | — |
| Inception | Jul 19, 2023 |
| Assets under management | $14.6B |
| Expense ratio | 0.19% |
| Net asset value | $51.38 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is PGIM AAA CLO ETF (PAAA)?

PAAA is an actively managed fund that holds USD-denominated collateralized loan obligations with AAA credit rating. Securities are selected using both top-down analysis and bottom-up research.

### What is PAAA's expense ratio?

PGIM AAA CLO ETF charges an annual expense ratio of 0.19%. The fund is issued by PGIM Investments LLC.

### How large is PAAA?

PGIM AAA CLO ETF manages $14.6B in assets and has traded since Jul 19, 2023.

### How do I buy shares of PGIM AAA CLO ETF (PAAA)?

PAAA trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).