PQOC Fees and Costs — PGIM Nasdaq-100 Buffer 12 ETF - October
Data updated: 2026-10-01
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0328% of average net assets, and portfolio turnover was 0%.
PQOC Fees and Expenses
Annual operating expenses and sales charges of PQOC. Prospectus, as of October 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PQOC Costs Over Time
On $10,000 invested in PQOC, assuming 5% a year before costs, total costs come to $336 over 5 years, cutting the return by 0.56% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $184 | $336 |
| Value after costs | $10,444 | $11,392 | $12,426 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
PQOC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0328%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $4.1M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
PQOC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wolverine Execution Services LLC | $920 | 83.41% |
| X-CHANGE FINANCIAL ACCESS, LLC | $168 | 15.23% |
| OLD MISSION MARKETS LLC | $15 | 1.36% |
PQOC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MAREX CAPITAL MARKETS INC. | $3.9M | 93.99% |
| BOFA SECURITIES, INC. | $247K | 6.01% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.