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PSDM vs PAAA

PGIM Short Duration Multi-Secto vs Pgim Aaa Clo Etf

PSDM

PGIM Short Duration Multi-Secto

Annual cost

0.40%

Fund size

$193M

PAAA

PGIM AAA CLO ETF

Annual cost

0.19%

Fund size

$10.2B

Key differences

  • PAAA costs 0.21% less per year.
  • PAAA is significantly larger than PSDM — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

PSDMPAAA
Annual cost (TER)0.40%0.19%
Fund size (AUM)$193M$10.2B
Since20232023
Dividend yield4.80%5.33%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.4%+5.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y1.68%0.49%
Max drawdown-1.19%-1.04%

Similar to PSDM and PAAA