PBQQ

PGIM Laddered Nasdaq-100 Buffer 12 ETF

$28.15

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The PGIM Laddered Nasdaq-100 Buffer 12 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq-100 Index, while providing a buffer against the first 12% of losses in the index.

Overview

ETF tracking PGIM Laddered Nasdaq-100 Buffer 12 ETF

Category Technology

Issuer Other

Inception Date 2025-01-02

Market Cap $13.5M

Average Volume N/A

Dividend Yield N/A

52-Week Range $22.43 - $28.57

VWAP $28.25

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a laddered approach, investing in a series of one-year options on the Nasdaq-100 Index with different strike prices to provide the buffer against the first 12% of losses. This strategy aims to provide investors with exposure to the upside potential of the Nasdaq-100 Index while limiting downside risk.

✨ Key Features

Seeks to track the Nasdaq-100 Index with a 12% buffer against losses
Utilizes a laddered options strategy to provide the buffer protection
Expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Market risk: The fund's value will fluctuate with changes in the Nasdaq-100 Index
Option risk: The fund's use of options exposes it to the risks associated with the options market
Liquidity risk: The fund may have difficulty trading certain securities, especially in volatile market conditions
Concentration risk: The fund's focus on the technology sector makes it vulnerable to changes in that industry

👤 Best For

The PGIM Laddered Nasdaq-100 Buffer 12 ETF may be suitable for investors seeking exposure to the technology sector with some downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon.