- What does BUFM invest in?
- BUFM actively manages FLEX options in efforts to participate in the price return of the SPDR S&P 500 ETF (SPY), up to a cap, and provide partial downside protection over an outcome period that ranges from 90 to 120 days. In exchange for preventing the realization of the first 10% of the losses in value of SPY shares, investors forego upside participation typically between 4% and 5%. Periodically, the fund may bear the first 2% of SPYs losses if doing so allows the fund to maintain a higher upside cap. The fund adviser monitors the options portfolio's performance and may rebalance at any time to protect capital or lock-in gains. At the end of each outcome period, the fund resets its cap and buffer levels according to prevailing market conditions. The calculations for cap and buffer do not include the fund's expense ratio, which could diminish net returns. To achieve the intended results, shares must be held throughout the entire outcome period.
- What is the expense ratio of BUFM?
- AB Active ETFs, Inc. - AB Moderate Buffer ETF (BUFM) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BUFM?
- AB Active ETFs, Inc. - AB Moderate Buffer ETF (BUFM) manages $463.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is BUFM actively managed or an index fund?
- BUFM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was BUFM launched?
- AB Active ETFs, Inc. - AB Moderate Buffer ETF (BUFM) launched in December 2024 and is managed by Alliance Bernstein.
- How has BUFM performed?
- BUFM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
