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PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ): ETF

ETF traded on XNAS under symbol PBQQ. Quoted in usd.

PGIM Laddered Nasdaq-100 Buffer 12 ETF logo

PGIM Laddered Nasdaq-100 Buffer 12 ETF

+0.61%$30.60
XNAS:PBQQAlternatives
AUM $94.66M·YTD --·Yield --
PGIM Laddered Nasdaq-100 Buffer 12 ETF logoXNAS:PBQQ$30.60+0.61%
About PBQQ

PBQQ represents a distinct investment vehicle, functioning as a portfolio of structured outcome exchange-traded funds (ETFs). It comprises a quartet of underlying equity protection funds, each designed to track the performance of the Nasdaq-100 index (via the QQQ ETF). These individual funds offer a predefined range of outcomes, setting an upper limit on potential gains while providing insulation against the initial 12% of losses. PBQQ strategically allocates its capital equally across these four underlying ETFs, which are characterized by staggered expiration profiles: one ETF's options mature in approximately three months, another in six, a third in nine, and the final one in twelve months. Unlike the annual reset common for individual buffer funds, PBQQ employs a rolling renewal cycle, refreshing its components roughly every 90 days. During each quarterly refresh, one of the underlying ETFs recalibrates its upside cap and downside buffer. This methodical approach ensures perpetual risk mitigation for PBQQ, effectively smoothing out market timing dependencies often associated with shorter-term buffer strategies. For investor transparency, daily updates regarding the fund's exposure to its underlying ETFs, along with current cap and buffer levels, are readily accessible on the issuer's website.

Largest holdings

  1. PQAP PGIM NASDAQ-100 BUFFER 12 ETF - APRIL25.26%
  2. PQJA PGIM NASDAQ-100 BUFFER 12 ETF - JANUARY24.93%
  3. PQOC PGIM NASDAQ-100 BUFFER 12 ETF - OCTOBER24.88%
  4. PQJL PGIM NASDAQ-100 BUFFER 12 ETF - JULY24.87%
  5. (PIPA070) PGIM Core Government Money Market Fund0.06%
  6. Net Current Assets0.00%
  7. UNITS0.00%
  8. US Dollar-0.00%
Full holdings, sectors and countries
Dividend History
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Total Invested
$70,000
Final Portfolio
$110,086
Total Return
+$40,086
(+57.3%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$94.66M
NAV$30.34
Premium/Discount+0.86%
Expense Ratio0.50%
Market Cap--
Shares Outstanding--
Inception DateDec. 27, 2024
Fund Details
52-Week Range
$27.77$32.86
Current: $30.60
Volume
Volume66.78K
Avg Volume17.66K
Vol/Avg3.78x

30d

15.26K

60d

14.58K

90d

19.57K

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