PGIM AAA CLO ETF (PAAA)

PGIM launches AAA CLO ETF (PAAA) and short duration multi-sector ETF (PSDM)

NEWARK, N.J., July 26, 2023--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.