Is PGIM AAA CLO ETF stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, PGIM AAA CLO ETF pays dividends. Last time was Thursday 7th of November 2024 where the investors holding the stock on Friday 1st of November 2024 were paid $0.20484 per share. Over the last 15 times between 2023 and 2024, PGIM AAA CLO ETF has paid $3.95781 with an average of $0.26 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for PGIM AAA CLO ETF 10 years ago, but if you had invested on Wednesday 26th of July 2023 when the price was $50.04, you would have made a profit of $1.240 per share or 2.48%
Yes, the average daily trading liquidity for PGIM AAA CLO ETF is $390 043 thousand. You should therefore be able to get in and out of your positions relatively fast.
PGIM AAA CLO ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for PGIM AAA CLO ETF to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.