PGIM AAA CLO Aggregate Duration ETF invests at least 80% of its assets in U.S. dollar-denominated collateralized loan obligations rated AAA to acquire structural corporate debt exposure while utilizing longer-duration fixed-income instruments and derivatives to maintain a target portfolio duration matching the broad U.S. bond market. The fund combines top-down macroeconomic analysis and bottom-up credit research to select senior tranches of CLOs primarily via an affiliated ETF, integrating a active duration overlay to mitigate the low-duration profile characteristic of standard floating-rate asset-backed structures.
| Category | Sponsor | Fund Family | Index | Index Weighting | Active/Passive | Dividend TTM | Dividend Ex-Date | Dividend Gr. 3/5Y | Expense | Inverse/Leveraged | IPO |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bonds - Non Government Asset Backed Securities | PGIM Investments | - | 0.40 (0.80%) | Jul 31, 2026 | - - | 0.19% | Jun 03, 2026 |