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OCTP — PGIM US Large-Cap Buffer 12 ETF - October

PGIM US Large-Cap Buffer 12 ETF - October (OCTP)

OCTP pays a 0.00% distribution rate, annual, on a 0.50% expense ratio. Total return is 32.1% over the past 2.2 years, 18.5 points behind SPY at 50.6%. Its deepest 1-year drawdown was 5.2%.

PGIM US Large-Cap Buffer 12 ETF - October is an equity ETF that employs a buffer strategy designed to provide downside protection on U.S. large-cap stocks while capping upside potential. The fund carries an expense ratio of 0.50% and makes annual distributions, though it is not currently distributing. This ETF appeals to investors seeking structured equity exposure with built-in risk management rather than traditional income generation.

OCTP key facts

Issuer
PGIM Investments
Asset type
ETF
Asset class
Equity
Inception date
05/16/2024
Expense ratio
0.50%
Distribution rate
0.00%
Distribution frequency
Annual
Last close
$33.07
AUM
$25,967,695
Average volume
3506.0
Beta
0.6131
P/E ratio
25.6266