PGIM Nasdaq-100 Buffer 12 ETF - October
PGIM Nasdaq-100 Buffer 12 ETF - October (NASDAQ: PQOC) is an exchange-traded fund listed on NASDAQ, trading at $32.37 (about ₹3,109 a unit) as of 28 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.5%. Indian residents can buy PQOC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$32.37
Today's high
$32.38
52 week low
$27.16
52 week high
$32.39
PQOC opened at $32.38, closed previously at $32.37, and has traded between $27.16 and $32.39 over the past 52 weeks.
About
The PGIM Nasdaq-100 Buffer 12 ETF (PQOC) is an actively managed fund that employs an options-based strategy to mitigate potential losses on holdings of the Invesco QQQ Trust (QQQ). This protective mechanism is set for a one-year duration, beginning anew each October. In exchange for cushioning against the initial 12% decline in QQQ's value, the fund limits its participation in any upside gains beyond a specified threshold, which is reset annually. It's also important to note that because the options are structured based on QQQ's price movement rather than its total return, investors will not receive any dividends distributed by QQQ. Should QQQ's value fall by more than 12%, the fund will then experience equivalent losses for any further depreciation. For investors to fully benefit from the intended protection and cap, the fund must be held for the entire one-year outcome period. Those who purchase shares on dates other than the annual reset day may find their specific protection and cap levels differ from the fund's stated targets. The fund's issuer makes current cap levels publicly available on its website. Investors should also be aware that the stated cap and buffer percentages do not account for the fund's ongoing expense ratio. PQOC exclusively uses Flexible Exchange® (FLEX) options to execute its strategy.
Key statistics
Expense ratio
0.5%
Assets (AUM)
$26.2M
Holdings
—
NAV
$32.37
Avg. volume
—
1-year price change
+15.67%
5-year price change
—
Price change excludes dividends.
Top 8 holdings
These 8 are 100.0% of the fund.
How to buy PQOC from India
Indian residents can buy PQOC units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search PQOC and buy
Find the fund by its ticker, PQOC, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in PQOC from India
Trading and taxes when buying PQOC from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the PQOC price today?
PGIM Nasdaq-100 Buffer 12 ETF - October (PQOC) last traded at $32.37 on NASDAQ, as of 28 Sep 2026, 4:00 PM ET. That is ₹3,109 a unit at the 28 Sep 2026 USD/INR rate.
When does PQOC trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is PQOC, and what does it cost to hold?
PGIM Nasdaq-100 Buffer 12 ETF - October manages about $26.2M. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 2024.
What are PQOC's largest holdings?
The top three are 4QQQ US 09/30/26 C6 (106.0%), (PIPA070) PGIM Core Government Money Market Fund (0.7%) and 4QQQ US 09/30/26 P600.37 (0.0%). PQOC's 8 largest positions make up 100.0% of the fund.
Does PQOC pay dividends?
Yes. PQOC is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on PQOC taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of PQOC?
Yes. You can buy PQOC by amount rather than by whole unit, and there is no minimum trade size.
How has PQOC performed?
PQOC's price is up 15.7% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.