PBQQ PGIM Laddered Nasdaq-100 Buffer 12 ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 31.74 | Day Range | 31.64 – 31.79 |
| 52-Week Range | 27.27 – 32.23 | Volume | 16.50K |
| Avg Volume | 27.45K | AUM | $87.2M (Aug 27, 2026) |
| Expense Ratio | 0.50% | Yield (TTM) | 0.01% |
| NAV | 31.70 | Premium/Discount | +0.05% indicative |
| Inception | Dec 27, 2024 | Holdings | — |
| Issuer | PGIM | Exchange | NASDAQ |
| Category | Buffer | Index Tracked | Nasdaq-100 |
| CUSIP | 69420N510 | ISIN | US69420N5106 |
| Structure | Buffer / Defined Outcome | ||
| Management | Passive / index-tracking (per issuer description) | ||
About this ETF
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.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +2.82% | +1.08% | +9.96% | +9.92% | +15.36% | — | — | — | +15.60% |
| Total return | +2.82% | +1.08% | +9.96% | +9.92% | +15.36% | — | — | — | +15.59% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.50% | Annual cost of a $10,000 investment | $50.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 8 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | PGIM NASDAQ-100 BUFFER 12 ETF - JULY | PQJL | 25.01% | 707.22K | $21.8M |
| 2 | PGIM NASDAQ-100 BUFFER 12 ETF - JANUARY | PQJA | 24.98% | 678.98K | $21.7M |
| 3 | PGIM NASDAQ-100 BUFFER 12 ETF - APRIL | PQAP | 24.98% | 671.60K | $21.7M |
| 4 | PGIM NASDAQ-100 BUFFER 12 ETF - OCTOBER | PQOC | 24.96% | 685.38K | $21.7M |
| 5 | (PIPA070) PGIM Core Government Money Market Fund | — | 0.07% | 59.27K | $59.3K |
| 6 | Net Current Assets | — | 0.00% | 786 | $786.44 |
| 7 | UNITS | — | 0.00% | 2.75M | $0.00 |
| 8 | US Dollar | — | -0.01% | -5.16K | -$5.2K |
Click a ticker to see every ETF that owns it.
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.01% | Paid (last 12 months) | $0.0042 |
| Frequency | Irregular | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Dec 30, 2025 | Last payment | $0.0042 (Jan 02, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 30, 2025 | Dec 30, 2025 | Jan 02, 2026 | $0.0042 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 7.75% / — | Sharpe 1Y / 3Y | 1.56 / — |
| Max drawdown 1Y / 3Y | -4.69% / — | Sortino 1Y | 2.41 |
| Beta vs S&P 500 (3Y) | 0.633 | Correlation vs S&P 500 (1Y) | 0.924 |
| Downside deviation 1Y | 5.00% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 16.50K | Average volume | 27.45K |
| AUM | $87.2M | Premium/Discount | +0.05% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $87.2M → $87.2M |
| 1 Week | $7.4M | +9.19% | $80.1M → $87.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for PBQQ
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.