PGIM Rock ETF Trust - PGIM S&P 500 Buffer 12 ETF - June (JUNP) Dividend Yield, History & Forecast

PGIM Rock ETF Trust - PGIM S&P 500 Buffer 12 ETF - June (JUNP) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. market capitalization is approximately $103M.

JUNP fund composition

JUNP holds 1 positions. It charges an expense ratio of 0.50%, and manages $103.2M.

JUNP runs a derivative strategy and reports no conventional equity constituents, so there is no holdings breakdown to show. Its exposure comes from options positions rather than shares in underlying companies.

Frequently Asked Questions about PGIM Rock ETF Trust - PGIM S&P 500 Buffer 12 ETF - June (JUNP)

What does PGIM Rock ETF Trust - PGIM S&P 500 Buffer 12 ETF - June invest in?
JUNP uses FLEX options in an effort to moderate losses on shares of SPDR S&P 500 ETF Trust (SPY) over a one-year period that resets each June. The fund foregoes upside participation above a certain threshold, which resets annually in exchange for preventing the realization of the first 12% of SPYs losses, as well as the dividend component of SPY because the options are written on the price and not on the total return version of the shares. Should the value of SPY decline by more than 12%, the fund will experience subsequent losses on a one-to-one basis. The fund must be held to the end of the...