PGIM S&P 500 Buffer 20 ETF - October

Frequently Asked Questions About PBOC

What does PBOC invest in?

Under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to securities included in the S&P 500 Index. The fund is an actively managed exchange-traded fund (“ETF”). It will invest substantially all of its assets in customized equity or index option contracts known as FLexible EXchange® Options (“FLEX Options”) on the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). The fund is non-diversified.

What is the expense ratio of PBOC?

PGIM S&P 500 Buffer 20 ETF - October (PBOC) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PBOC?

PGIM S&P 500 Buffer 20 ETF - October (PBOC) manages $64.1M 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 PBOC actively managed or an index fund?

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

When was PBOC launched?

PGIM S&P 500 Buffer 20 ETF - October (PBOC) launched in May 2024 and is managed by PGIM.

How has PBOC performed?

PBOC'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.