Each N-PORT filing of PAAA compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/347 positions became 330: 47 added (27.52% of the fund), 64 dropped (10.2%). Turnover proxy 33.1%. Largest increases: MIDOCEAN CREDIT CLO VII LTD 0.04% to 0.74%; RAD CLO 25 LTD 0.25% to 0.77%; ALLEGANY PARK CLO LTD 0.08% to 0.54%; WELLFLEET CLO 2021-3 LTD 0.13% to 0.52%; ROCKFORD TOWER CLO 2020-1 LTD 0.13% to 0.44%; NEUBERGER BERMAN LOAN ADVISERS CLO 33 LTD 0.64% to 0.93%. Largest decreases: Signal Peak CLO 1 Ltd. 0.77% to 0.12%; MADISON PARK FUNDING XLVIII LTD 0.66% to 0.24%; BALLYROCK CLO 32 LTD 0.82% to 0.5%; SYMP SERIES 2021-28A CLASS A 1% to 0.71%; CARLYLE US CLO 2023-3 LTD 1% to 0.71%; GOLUB CAPITAL PARTNERS CLO 19(B)-R3 LTD 1% to 0.71%. New: (PIPA070) PGIM Core Government Money Market Fund (7.36%), CBAMR LTD (1.85%), Regatta XXVII Funding Ltd / Regatta XXVII Funding LLC (1.52%), ELEVATION CLO 2021-12 LTD (1.09%), OCTAGON INVESTMENT PARTNERS 31 LTD (1%), Cbam 2020-13 Ltd. (0.95%). Gone: (PIPA070) PGIM Core Government Money Market Fund (5.19%), NEUBERGER BERMAN LOAN ADVISERS CLO (0.66%), BENEFIT STREET PARTNERS CLO XXIII L (0.4%), COLUMBIA CENT CLO 33 LTD (0.27%), MARBLE POINT CLO LTD 2021-21 (0.26%), Battalion Clo 17 Ltd. (0.25%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Jul 2026 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/337 positions became 347: 60 added (24.15% of the fund), 50 dropped (10.95%). Turnover proxy 30.6%. Largest increases: (PIPA070) PGIM Core Government Money Market Fund 1.82% to 5.19%; ELMWOOD CLO 41 LTD 0.45% to 0.86%; OHA Credit Funding 3 LLC 0.32% to 0.67%; CIFC FDG 2025-III LTD/LLC 0.49% to 0.83%; MAGNETITE LTD 2022-32 0.17% to 0.47%; MADISON PARK EURO FUNDING XVII DAC 0.31% to 0.61%. Largest decreases: Signal Peak CLO 1 Ltd. 1.04% to 0.77%; MADISON PARK EURO FUNDING XVII DAC 1% to 0.74%; EMPOWER CLO 2022-1 LTD 0.99% to 0.73%; CARLYLE GROUP INC (THE) 0.91% to 0.67%; KKR CLO 40 LTD 0.9% to 0.66%; NEUBERGER BERMAN LOAN ADVISERS CLO 0.89% to 0.66%. New: CARLYLE US CLO 2023-3 LTD (1%), SYMP SERIES 2021-28A CLASS A (1%), BALBOA BAY LOAN FUNDING 2022-1 LTD (0.99%), 720 EAST CLO 2023-II LTD (0.93%), BARINGS CLO 2025-III LTD (0.93%), GARNET CLO 3 LTD (0.86%). Gone: Trinitas CLO Ltd (0.82%), OCP CLO Ltd (0.81%), Rad CLO Ltd (0.72%), AGL CLO 13 Ltd (0.67%), Apidos CLO Ltd (0.62%), Symphony CLO Ltd (0.54%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 23 Apr 2026 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/328 positions became 337: 56 added (24.54% of the fund), 47 dropped (11.05%). Turnover proxy 30.5%. Largest increases: OCP CLO Ltd 0.02% to 0.81%; Neuberger Berman CLO Ltd 0.14% to 0.89%; Trinitas CLO Ltd 0.13% to 0.82%; Carval CLO LTD 0.21% to 0.84%; Signal Peak CLO, LLC 0.68% to 1.04%; Carval CLO LTD 0.5% to 0.84%. Largest decreases: Carlyle Global Market Strategi 0.94% to 0.27%; Silver Rock CLO Ltd 0.47% to 0.06%; (PIPA070) PGIM Core Government Money Market Fund 2.2% to 1.82%; Atlas Senior Loan Fund LTD 0.94% to 0.63%; Neuberger Berman CLO Ltd 0.94% to 0.63%; Madison Park Funding Ltd 1.31% to 1%. New: KKR Financial CLO Ltd (0.9%), RR Ltd (0.89%), Golub Capital Partners CLO, LT (0.89%), HPS Loan Management Ltd (0.86%), Balboa Bay Loan Funding Ltd (0.82%), Empower CLO Ltd. (0.81%). Gone: OCP CLO Ltd (0.93%), Signal Peak CLO, LLC (0.8%), CIFC Funding Ltd (0.75%), Allegany Park CLO, Ltd. (0.67%), Trinitas CLO Ltd (0.59%), OFSI Fund LTD (0.59%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 27 Jan 2026 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/306 positions became 328: 64 added (26.18% of the fund), 42 dropped (9.52%). Turnover proxy 28.7%. Largest increases: Carlyle Global Market Strategi 0.23% to 0.94%; Elmwood CLO 24 Ltd 0.21% to 0.84%; Madison Park Funding Ltd 0.88% to 1.31%; Ballyrock Ltd 0.1% to 0.26%; Madison Park Funding Ltd 0.38% to 0.53%; CQS US CLO Ltd 0.62% to 0.75%. Largest decreases: (PIPA070) PGIM Core Government Money Market Fund 4.83% to 2.2%; Sculptor CLO Ltd 0.73% to 0.23%; ICG US CLO Ltd 1.03% to 0.63%; Magnetite CLO Ltd 1.44% to 1.15%; LCM Ltd Partnership 1.35% to 1.08%; Octagon 64 Ltd 1.32% to 1.05%. New: Empower CLO Ltd. (1.3%), CIFC Funding Ltd (1.06%), Jamestown CLO Ltd (0.98%), Galaxy CLO Ltd (0.94%), Babson CLO Ltd (0.94%), Apidos CLO Ltd (0.93%). Gone: Hayfin US, Ltd. (0.87%), Jamestown CLO Ltd (0.74%), Pikes Peak CLO (0.73%), Elmwood CLO 39 Ltd (0.65%), RR Ltd (0.64%), Northwoods Capital Ltd (0.62%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 29 Oct 2025 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/316 positions became 306: 46 added (25.87% of the fund), 56 dropped (18.9%). Turnover proxy 36.3%. Largest increases: Carlyle Global Market Strategi 0.07% to 1.34%; Bluemountain CLO Ltd 0.04% to 1.24%; Balboa Bay Loan Funding Ltd 0.24% to 1.27%; Allegany Park CLO, Ltd. 0.06% to 0.85%; OCP CLO Ltd 0.51% to 1.16%; Elmwood CLO III Ltd 0.28% to 0.82%. Largest decreases: (PIPA070) PGIM Core Government Money Market Fund 7.48% to 4.83%; Wellfleet CLO Ltd 1.42% to 0.59%; TCW CLO 2021-1, Ltd. 1.06% to 0.29%; Elevation CLO Ltd 1.06% to 0.31%; Bluemountain CLO Ltd 1.06% to 0.44%; Rockford Tower CLO Ltd 0.88% to 0.29%. New: Magnetite CLO Ltd (1.44%), OCT64 2022-1A FRN 7/34 (1.32%), Neuberger Berman CLO Ltd (1.17%), ICG US CLO Ltd (1.03%), Signal Peak CLO, LLC (1%), CIFC Funding Ltd (0.94%). Gone: AGL CLO Ltd. (1.75%), Barrow Hanley CLO I Ltd (1.56%), Signal Peak CLO, LLC (1.38%), Bain Capital Credit CLO, Limit (1.06%), Elevation CLO Ltd (1.06%), Anchorage Capital CLO LTD (0.88%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 29 Jul 2025 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/277 positions became 316: 72 added (39.58% of the fund), 33 dropped (6.57%). Turnover proxy 43.7%. Largest increases: Golub Capital Partners CLO, LT 0.33% to 1.24%; Wellfleet CLO Ltd 0.66% to 1.42%; Madison Park Funding Ltd 0.14% to 0.85%; TCW CLO 2021-1, Ltd. 0.65% to 1.06%; Marble Point CLO XXI Ltd. 0.1% to 0.33%; MOUNTAIN VIEW CLO 0.26% to 0.49%. Largest decreases: (PIPA070) PGIM Core Government Money Market Fund 9.82% to 7.48%; Palmer Square CLO Ltd 1.33% to 0.44%; Generate CLO Ltd. 1.53% to 0.74%; Signal Peak CLO, LLC 1.64% to 0.89%; Madison Park Funding Ltd 1.63% to 0.89%; Northwoods Capital Ltd 1.26% to 0.58%. New: AGL CLO Ltd. (1.75%), Barrow Hanley CLO I Ltd (1.56%), Regatta XXVIII Funding Ltd. (1.42%), Rad CLO Ltd (1.42%), OFSI Fund LTD (1.06%), Atlas Senior Loan Fund LTD (1.06%). Gone: Battalion CLO LTD (0.72%), Balboa Bay Loan Funding Ltd (0.5%), OCP CLO Ltd (0.49%), Symphony CLO Ltd (0.43%), HPS Loan Management Ltd (0.39%), Octagon Investment Partners 32 (0.33%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 22 Apr 2025 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/180 positions became 277: 112 added (58.36% of the fund), 15 dropped (6.43%). Turnover proxy 65.4%. Largest increases: (PIPA070) PGIM Core Government Money Market Fund 4.43% to 9.82%; Generate CLO Ltd. 0.69% to 1.53%; Battalion CLO LTD 0.23% to 0.72%; Symphony CLO Ltd 0.09% to 0.3%; MP Clo VIII, LTD 0.17% to 0.24%; MOUNTAIN VIEW CLO 0.2% to 0.26%. Largest decreases: Sound Point CLO LTD 1.6% to 0.46%; Sound Point CLO LTD 1.55% to 0.41%; HPS Loan Management Ltd 1.38% to 0.39%; Signal Peak CLO, LLC 1.38% to 0.39%; Voya CLO Ltd 1.27% to 0.32%; Generate CLO Ltd. 1.38% to 0.52%. New: Signal Peak CLO, LLC (1.64%), Madison Park Funding Ltd (1.63%), Palmer Square CLO Ltd (1.33%), GoldenTree Loan Management US (1.31%), Bain Capital Credit CLO, Limit (1.31%), Signal Peak CLO, LLC (1.31%). Gone: CQS US CLO 2021-1, Ltd. (0.92%), Bain Capital Credit CLO, Limit (0.92%), AGL CLO 5 Ltd (0.69%), OFSI Fund LTD (0.67%), Battalion CLO LTD (0.57%), Elmwood CLO V Ltd (0.52%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Jan 2025 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/96 positions became 180: 88 added (56.13% of the fund), 4 dropped (3.29%). Turnover proxy 59.8%. Largest increases: (PIPA070) PGIM Core Government Money Market Fund 1.9% to 4.43%; Neuberger Berman CLO Ltd 0.61% to 1.15%; Rockford Tower CLO Ltd 0.27% to 0.56%; Battalion CLO LTD 0.89% to 1.14%; Balboa Bay Loan Funding Ltd 0.61% to 0.69%. Largest decreases: Broad River BSL Funding CLO Lt 2.58% to 0.98%; CIFC Funding Ltd 2.29% to 0.86%; CBAM CLO Management 2.13% to 0.8%; PPM Clo, Ltd. 2.13% to 0.8%; Z Capital Credit Partners BSL 1.99% to 0.75%; Voya CLO Ltd 1.98% to 0.75%. New: Sound Point CLO LTD (1.6%), HPS Loan Management Ltd (1.38%), Generate CLO Ltd. (1.38%), AGL CLO Ltd. (1.38%), Signal Peak CLO, LLC (1.38%), OCP CLO Ltd (1.32%). Gone: KKR Financial CLO Ltd (1.07%), Ocean Trails CLO (0.85%), TCW CLO 2019-1 AMR, LTD. (0.76%), Bain Capital Credit CLO, Limit (0.61%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 29 Oct 2024 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/87 positions became 96: 23 added (23.93% of the fund), 14 dropped (20.16%). Turnover proxy 27.6%. Largest increases: Broad River BSL Funding CLO Lt 0.78% to 2.58%; Crown City CLO 0.93% to 1.83%; Battalion CLO LTD 0.28% to 0.89%; CIFC Funding Ltd 1.87% to 2.29%. Largest decreases: Neuberger Berman CLO Ltd 2.19% to 0.61%; (PIPA070) PGIM Core Government Money Market Fund 2.99% to 1.9%; Elmwood CLO II Ltd. 1.25% to 0.3%; AGL CLO 14, LTD. 1.09% to 0.3%; CIFC Funding Ltd 1.12% to 0.49%; Madison Park Funding Ltd 0.69% to 0.21%. New: Madison Park Funding Ltd (1.84%), Clover CLO (1.82%), Sound Point CLO LTD (1.82%), Galaxy CLO Ltd (1.52%), ANCHORAGE CAPITAL CLO LTD (1.52%), Hayfin US XII, Ltd. (1.37%). Gone: HPS Loan Management Ltd (2.5%), Sixth Street CLO LTD. (2.35%), Pikes Peak CLO (2.34%), Bain Capital Credit CLO, Limit (2.34%), Bluemountain CLO Ltd (1.87%), ARES CLO Ltd (1.56%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Jul 2024 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/79 positions became 87: 19 added (17.64% of the fund), 11 dropped (15.92%). Turnover proxy 19.5%. Largest increases: (PIPA070) PGIM Core Government Money Market Fund 2.6% to 2.99%; ARES CLO Ltd 0.21% to 0.37%; Sixth Street CLO LTD. 2.29% to 2.35%; Bain Capital Credit CLO, Limit 2.29% to 2.34%; CBAM CLO Management 2.14% to 2.19%; Pikes Peak CLO 2.3% to 2.34%. Largest decreases: Signal Peak CLO, LLC 2.31% to 0.47%; Bain Capital Credit CLO, Limit 1.54% to 0.63%; Madison Park Funding Ltd 1.29% to 0.69%; Broad River BSL Funding CLO Lt 0.92% to 0.78%; Atlas Static Senior Loan Fund 1.23% to 1.16%; Battalion CLO LTD 0.59% to 0.57%. New: Z Capital Credit Partners BSL (2.03%), Ocean Trails CLO (1.87%), CQS US CLO 2022-2, Ltd. (1.56%), Wind River CLO Ltd (1.53%), Trinitas CLO Ltd (1.25%), Elmwood CLO 25 Ltd (1.25%). Gone: Regatta VI Funding Ltd. (2.3%), Symphony CLO Ltd (2.15%), LCM Ltd Partnership (2.15%), ARES CLO Ltd (1.85%), Allegro CLO Ltd (1.84%), Ballyrock Ltd (1.83%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 23 Apr 2024 12:00:00 GMThttps://themulden.com/funds/paaa/https://themulden.com/funds/paaa/62 positions became 79: 20 added (20.62% of the fund), 3 dropped (2.96%). Turnover proxy 23.9%. Largest increases: Signal Peak CLO, LLC 0.77% to 2.31%; Elmwood CLO V Ltd 0.77% to 1.38%; Oaktree CLO Ltd 0.74% to 1.35%; CIFC Funding Ltd 0.61% to 1.1%. Largest decreases: Madison Park Funding Ltd 3.17% to 1.29%; (PIPA070) PGIM Core Government Money Market Fund 4.36% to 2.6%; HPS Loan Management Ltd 3.07% to 2.46%; Sixth Street CLO LTD. 2.87% to 2.29%; Bain Capital Credit CLO, Limit 2.87% to 2.29%; CBAM CLO Management 2.68% to 2.14%. New: Regatta VI Funding Ltd. (2.3%), Voya CLO Ltd (2%), Tralee CDO Ltd (1.84%), TICP CLO Ltd (1.54%), Bain Capital Credit CLO, Limit (1.54%), Atlas Static Senior Loan Fund (1.23%). Gone: Oaktree CLO Ltd (1.23%), Rad CLO Ltd (0.96%), OZLM Ltd (0.77%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 24 Jan 2024 12:00:00 GMT