| PQJA | PGIM Nasdaq-100 Buffer 12 ETF - January | 25.06% |
| PQOC | PGIM Nasdaq-100 Buffer 12 ETF - October | 25.04% |
| PQAP | PGIM Nasdaq-100 Buffer 12 ETF - April | 25.03% |
| PQJL | PGIM Nasdaq-100 Buffer 12 ETF - July | 24.82% |
PBQQ is a basket of defined outcome buffer ETFs. The fund consists of four equity buffer funds, each of which has exposure to QQQs capped gains and 12% buffered losses. The fund will invest equally in the underlying ETFs, holding one ETF with options expiring within three months, a second ETF with options expiring within six months, a third ETF with options expiring within nine months, and a fourth ETF with options expiring within 12 months. Unlike the underlying equity buffer funds that reset annually on a specific month, PBQQ refreshes approximately every 90 days, with one of the underlying ETFs resetting its cap and refreshing its buffer. This creates a continuous hedge for PBQQ regardless of each underlying ETFs outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on the fund exposure to the underlying ETFs and remaining cap and buffer are provided daily on the issuers website.
PGIM Laddered Nasdaq-100 Buffer 12 ETF · Issued by PGIM
No recent news for PBQQ. The ingest cron pulls every 15 minutes during market hours.