PGIM has expanded its defined outcome exchange-traded fund (ETF) range with four quarterly buffer ETFs offering different levels of downside protection over a three-month target outcome period.

PGIM has launched four S&P 500 Quarterly Buffer ETFs, expanding its range of defined outcome ETFs with products designed to provide downside buffers over an approximate three-month period. These ETFs reset every quarter The funds are the PGIM S&P 500 Quarterly Buffer 5 ETF (PQV), PGIM S&P 500 Quarterly Buffer 10 ETF (PQX), PGIM S&P 500 Quarterly Buffer 15 ETF (PQXV) and PGIM S&P 500 Quarterly Buffer 20 ETF (PQXX). All four are listed on the Cboe BZX Exchange and carry a 0