- What does PBFR invest in?
- The fund seeks to achieve its investment objective by providing investors with U.S. large-cap equity market exposure through a “laddered portfolio” of twelve PGIM S&P 500 Buffer 20 ETFs (the “Underlying ETFs”). Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in ETFs.
- What is the expense ratio of PBFR?
- PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PBFR?
- PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) manages $213.1M 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 PBFR actively managed or an index fund?
- PBFR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was PBFR launched?
- PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) launched in June 2024 and is managed by PGIM.
- How has PBFR performed?
- PBFR'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.
