PDEC Innovator U.S. Equity Power Buffer ETF - December
PDEC Fund Description
PDEC aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.
PDEC Factset Analytics Insight
PDEC uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each December. The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 15% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.
PDEC Summary Data
PDEC Portfolio Data
PDEC Index Data
PDEC Portfolio Management
PDEC Tax Exposures
PDEC Fund Structure
PDEC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PDEC. PDEC is rated a N/A out of 5.
PDEC Top 10 Holdings
PDEC Performance Statistics
PDEC Benchmark Comparison Summary
PDEC Benchmark Comparison Market Cap Size