PGIM launches AAA CLO ETF (PAAA) and short duration multi-sector ETF (PSDM)
PGIM has launched the PGIM AAA CLO ETF, offering retail investors direct access to the growing $1.2 trillion collateralized loan obligation (CLO) market.
Financial advisors are tasked with constantly staying on top of volatile and complex markets while also managing changing client expectations. PGIM offers actively managed strategies and investment solutions, through mutual funds, ETFs, and separately managed accounts that leverage the deep asset-class expertise of our multi-managers. PGIM’s comprehensive suite of investment solutions, market insights, tools, and resources are specifically designed to enable financial advisors to meet their clients’ long-term and ever-evolving investment goals and objectives.
Data as of 06/30/23 unless otherwise noted. Assets under management are based on company estimates and are subject to change.