PQJL

PGIM Nasdaq-100 Buffer 12 ETF - July

$28.46

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The PGIM Nasdaq-100 Buffer 12 ETF - July seeks to provide investors with exposure to the Nasdaq-100 Index, while also providing a buffer against the first 12% of losses in the index over a one-year period.

Overview

ETF tracking PGIM Nasdaq-100 Buffer 12 ETF - July

Category Technology

Issuer Other

Inception Date 2025-01-02

Market Cap $4.6M

Average Volume N/A

Dividend Yield N/A

52-Week Range $24.32 - $28.85

VWAP $28.41

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF achieves its objective by investing in a portfolio of options contracts designed to provide the desired buffer protection. The fund resets its buffer level annually in July.

✨ Key Features

Provides exposure to the Nasdaq-100 Index with a 12% buffer against losses over a one-year period
Resets buffer level annually in July to maintain the 12% protection
Designed to help limit downside risk for investors in the Nasdaq-100 Index
Expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
Derivatives risk: The use of options contracts exposes the fund to the risks associated with derivative instruments
Concentration risk: The fund's focus on the Nasdaq-100 Index makes it susceptible to factors affecting the technology sector
Buffer limit risk: The 12% buffer protection only applies for the one-year period, and losses beyond that level are not protected

👤 Best For

This ETF may be suitable for investors seeking exposure to the Nasdaq-100 Index with some downside protection, particularly those with a moderate risk tolerance and a one-year investment horizon.