PGIM AAA CLO Aggregate Duration ETF
No trades
No trades
Compare with PGIM AAA CLO Aggregate Duration ETF
Key stats
Fund info
Home page
Inception date
Jun 1, 2026
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
PGIM Investments LLC
Distributor
Prudential Investment Management Services LLC
ISIN
US69344A7274
CUSIP
69344A727
FIGI
BBG0228JHX39
Identifiers
ISIN US69344A7274
AAAD combines exposure to predominantly AAA-rated CLOs with a duration management strategy designed to increase interest rate sensitivity beyond that of a typical CLO portfolio. Because AAA CLOs generally have very short durations, the fund uses longer-duration fixed income instruments and derivatives, including Treasury futures and interest rate swaps, to maintain a portfolio duration generally within one year of the broad U.S. bond market. Most of the funds CLO exposure is expected to come through investments in the affiliated PGIM AAA CLO ETF (Ticker: PAAA), although it may also invest directly in CLO securities. The fund primarily invests in senior CLO tranches, which typically occupy the highest position in a CLOs capital structure. It may also allocate a limited portion of assets to lower-rated CLOs, non-US dollar-denominated instruments, and fixed-rate CLOs. Security selection combines macroeconomic analysis, fundamental credit research, quantitative models, and risk management tools.
Classification
What's in the fund
Exposure type
ETF
Breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AAAD trades at 48.76 USD today, its price has fallen −0.24% in the past 24 hours. Track more dynamics on AAAD price chart.
AAAD net asset value is 48.81 today — it's fallen 0.98% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AAAD assets under management is 25.64 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AAAD fund flows account for 26.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AAAD invests in funds. See more details in our Profile section.
AAAD expense ratio is 0.19%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, AAAD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, AAAD pays dividends to its holders with the dividend yield of 4.85%.
AAAD trades at a premium (0.00%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AAAD shares are issued by Prudential Financial, Inc.
AAAD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 1, 2026.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.