PGIM Nasdaq-100 Buffer 12 ETF - January (PQJA)

The PGIM Nasdaq-100 Buffer 12 ETF - January (PQJA) is a defined outcome ETF from PGIM. It aims to deliver Nasdaq-100 price returns up to a cap while protecting against the first 12 percent of index losses over an annual outcome period starting each January.

The strategy is built with FLEX options. Declines greater than the 12 percent buffer pass through to investors, and the cap is reset at the beginning of each new outcome period, so entering mid-period changes the expected outcomes.

PQJA is listed on Nasdaq.