# AB Active ETFs, Inc. - AB Moderate Buffer ETF (BUFM): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bufm for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Alliance Bernstein · Asset class: Alternatives - Strategy: Buffered · Inception: 2024-12-09 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 tim... ## Key Facts | Metric | Value | |---|---| | Price | $41.04 | | Expense Ratio | 0.69% | | Assets Under Management | $490.3M | | NAV | $40.86 | | Holdings Count | 0 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $36.19 – $41.42 | | Beta | 0.40 | ## Frequently Asked Questions ### 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 $490.3M 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. ### Does BUFM pay a dividend? AB Active ETFs, Inc. - AB Moderate Buffer ETF (BUFM) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BUFM pay dividends? AB Active ETFs, Inc. - AB Moderate Buffer ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BUFM's dividend yield? BUFM's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is BUFM's next ex-dividend date? BUFM hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will BUFM's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.69% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BUFM charge its expense ratio? The expense ratio is deducted in tiny daily slices from BUFM's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BUFM cost more than a fund like VOO? BUFM's strategy (current expense ratio 0.69%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where BUFM sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to BUFM? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BUFM (0.69%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bufm - Distribution history: https://www.dividenddata.com/funds/bufm/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bufm/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bufm/expenses - Peer comparison: https://www.dividenddata.com/funds/bufm/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.