AAA CLO
ETF
Audited
Target APY
TVL
$1.6M
About
The vault takes stablecoin deposits and allocates them into tokenized exposure to PGIM AAA CLO ETF, an actively managed fund that seeks to provide capital preservation and current income by investing ...Read more
Hourly on Weekdays
Security reviews
Yield type
No. of holders
23
Redemption fees
How the price grows
Yield is automatically reinvested and reflected in growing token price
Income flows from interest payments of the underlying senior secured corporate loans, with the senior tranche paid first from the pool's cash flows ahead of subordinated investors. The floating-rate structure resets yield as short-term rates move, while the senior position in the capital stack limits exposure to credit losses from the underlying loan pool.
Yield by world-class operators
Fee structure
Management
Yearly, incl. in APY
Performance
On yield earned, incl. in APY
Redemption
Once, per redemption
Instant
Under 1 min
Standard
Typically 1-4 days
Audits & Security
Nest is designed to meet the highest standards of safety, transparency, and compliance
