Skip to content
Beacon
Screener

PMIO vs PAAA

PGIM Municipal Income Opportunities ETF vs Pgim Aaa Clo Etf

PMIO

PGIM Municipal Income Opportunities ETF

Annual cost

0.25%

Fund size

$48M

PAAA

PGIM AAA CLO ETF

Annual cost

0.19%

Fund size

$10.2B

Key differences

  • PAAA costs 0.06% less per year.
  • PAAA is significantly larger than PMIO — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

PMIOPAAA
Annual cost (TER)0.25%0.19%
Fund size (AUM)$48M$10.2B
Since20242023
Dividend yield4.30%5.33%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+6.5%+5.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y2.23%0.49%
Max drawdown-3.38%-1.04%

Similar to PMIO and PAAA