Pgim launches aaa clo etf (paaa) and short duration multi-sector etf (psdm)

Newark, n.j.--(business wire)--pgim, the $1.2 trillion global investment management business of prudential financial, inc. (nyse: pru) has launched the pgim aaa clo etf (nyse arca: paaa), offering retail investors direct access to the growing $1.2 trillion collateralized loan obligation (clo) market, historically accessible only to institutional investors. paaa is subadvised by pgim fixed income, one of the largest and most experienced securitized credit and leveraged finance managers with $101.
PRU Ratings Summary
PRU Quant Ranking