PGIM Laddered S&P 500 Buffer 12 ETF

Frequently Asked Questions About BUFP

What does BUFP invest in?

The fund's primary objective is to offer investors participation in the performance of major U.S. equities. It achieves this by building a strategically structured, "laddered portfolio" composed of twelve separate PGIM S&P 500 Buffer 12 Exchange-Traded Funds (referred to as the Underlying ETFs). Ordinarily, a minimum of 80% of the fund's total assets, encompassing any borrowed capital used for investment, is allocated to various ETFs.

What is the expense ratio of BUFP?

PGIM Laddered S&P 500 Buffer 12 ETF (BUFP) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BUFP?

PGIM Laddered S&P 500 Buffer 12 ETF (BUFP) manages $328.0M 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 BUFP actively managed or an index fund?

BUFP's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BUFP launched?

PGIM Laddered S&P 500 Buffer 12 ETF (BUFP) launched in June 2024 and is managed by PGIM.

How has BUFP performed?

BUFP'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.