DV
Dividend Vision

PBAP — PGIM US Large-Cap Buffer 20 ETF - April

PGIM US Large-Cap Buffer 20 ETF - April (PBAP)

PBAP pays a 0.00% distribution rate, annual, on a 0.50% expense ratio. Total return is 25.8% over the past 2.4 years, 26.9 points behind SPY at 52.7%. Its deepest 1-year drawdown was 1.2%.

PGIM US Large-Cap Buffer 20 ETF - April is an actively managed ETF that gains exposure to large-capitalization U.S. equities primarily through customized equity option contracts on the S&P 500 ETF, with a strategy designed to buffer downside risk. The fund does not currently distribute income, and carries an expense ratio of 0.50% with an annual distribution frequency. It appeals to equity investors seeking large-cap exposure with downside protection rather than current income generation.

PBAP key facts

Issuer
PGIM Investments
Asset type
ETF
Asset class
Equity
Inception date
03/28/2024
Expense ratio
0.50%
Distribution rate
0.00%
Distribution frequency
Annual
Last close
$31.48
AUM
$31,482,883
Average volume
359.0
Beta
0.1953
P/E ratio
25.4548