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MRCP — PGIM US Large-Cap Buffer 12 ETF - March

PGIM US Large-Cap Buffer 12 ETF - March (MRCP)

MRCP pays a 0.00% distribution rate, annual, on a 0.50% expense ratio. Total return is 39.5% over the past 2.5 years, 16.4 points behind SPY at 55.9%. Its deepest 1-year drawdown was 4.8%.

PGIM US Large-Cap Buffer 12 ETF - March is an equity ETF launched in February 2024 that provides exposure to U.S. large-cap stocks with a buffer strategy designed to limit downside risk while capping upside potential. The fund carries a 0.50% expense ratio and distributes income annually, though currently shows a 0.00% distribution rate. This ETF appeals to investors seeking downside protection in large-cap equities rather than those prioritizing current income or maximum capital appreciation.

MRCP key facts

Issuer
PGIM Investments
Asset type
ETF
Asset class
Equity
Inception date
02/29/2024
Expense ratio
0.50%
Distribution rate
0.00%
Distribution frequency
Annual
Last close
$35.14
AUM
$23,569,731
Average volume
3321.0
Beta
0.5123
P/E ratio
25.6242