Browse everything: Tickers A–Z · Issuers · Comparisons · Tags
PBJA ETF — PGIM US Large Cap Buffer 20 ETF January Fund
PGIM US Large Cap Buffer 20 ETF January Fund (PBJA)
Updated October 16, 2026.
PBJA is an ETF. its expense ratio is 0.50%. Total return is 32.7% over the past 2.8 years, 34.1 points behind SPY at 66.8%.
PGIM US Large Cap Buffer 20 ETF January Fund is an ETF that seeks exposure to large-cap U.S. equities by investing substantially all of its assets in FLEX Options contracts on the S&P 500, providing a buffer against declines of up to 20% while capping upside participation. The fund does not currently distribute income, and carries an expense ratio of 0.50%. It appeals to equity investors seeking downside protection strategies within a defined risk structure.
PBJA holdings and sector exposure
Holdings are not available for this snapshot.
PBJA performance versus SPY
Price and return data through 2026-10-16.
Total return is 32.7% over the past 2.8 years, 34.1 points behind SPY at 66.8%. Over the past year its total return — price change plus distributions reinvested — is 10.2%. Its deepest 1-year drawdown was 3.6%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 1.0% | — |
| 3M | 2.1% | — |
| 6M | 5.2% | — |
| YTD | 7.2% | — |
| 1Y | 10.2% | — |
| 2Y CAGR | — | 9.70% |
| Since inception (2.8 years) | 32.7% | 10.70% |
PBJA key facts
- Issuer
- PGIM Investments
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 12/29/2023
- Expense ratio
- 0.50%
- Distribution frequency
- None
- Last close
- $33.11 (as of 2026-10-16)
- AUM
- $66,995,833
- Average volume
- 11023.0
- Beta
- 0.3439
How Dividend Vision calculates yield and returns
Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: PGIM Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
PBJA risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 3.6%.
Who may consider PBJA — and who may not
It is a weaker fit for investors who need monthly cash flow (PBJA does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on PBJA
Frequently asked questions
Does PBJA pay monthly?
No. PBJA does not currently distribute.
What is PBJA's expense ratio?
PBJA's expense ratio is 0.50%.
When does PBJA pay a dividend?
PBJA does not currently distribute.
How has PBJA performed?
Total return is 32.7% over the past 2.8 years, 34.1 points behind SPY at 66.8%. Over the past year its total return — price change plus distributions reinvested — is 10.2%. Its deepest 1-year drawdown was 3.6%.
More securities from PGIM Investments.
Tickers
Holdings as-of date unavailable.
| Ticker | Name | Weight |
|---|
See how this investment would fit into your portfolio.