PBMY ETF — PGIM US Large-Cap Buffer 20 ETF - May

PGIM US Large-Cap Buffer 20 ETF - May (PBMY)

Updated October 16, 2026.

PBMY is an ETF. its trailing-12-month yield is 0.07%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 27.7% over the past 2.5 years, 29.3 points behind SPY at 57.0%.

PGIM US Large-Cap Buffer 20 ETF - May is an actively managed exchange-traded fund that invests at least 80% of its assets in securities from the S&P 500 Index, employing options strategies designed to provide downside protection. The fund carries an expense ratio of 0.50% and currently distributes annually, though its latest distribution was special and may not recur on a regular basis. This ETF appeals to equity investors seeking large-cap exposure with built-in downside cushioning rather than those pursuing high current income.

PBMY performance versus SPY

Price and return data through 2026-10-16.

Total return is 27.7% over the past 2.5 years, 29.3 points behind SPY at 57.0%. Over the past year its total return — price change plus distributions reinvested — is 8.5%. Its deepest 1-year drawdown was 1.5%.

PBMY key facts

Distribution Safety Score™

50 · Unproven

Issuer

PGIM Investments

Asset type

ETF

Asset class

Equity

Inception date

04/30/2024

Expense ratio

0.50%

Distribution frequency

Annual

Trailing yield

0.07%

Last close

$31.86 (as of 2026-10-16)

AUM

$39,143,352

Average volume

1188.0

Dividend

$0.02318

Ex-dividend date

12/30/2025

Beta

0.2337

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.07%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: PGIM Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PBMY risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.5%.

Who may consider PBMY — and who may not

It is a weaker fit for investors who need monthly cash flow (PBMY pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PBMY

• All tickers starting with P

Tagged: Downside Protection, Options, Target, Large Cap.

Frequently asked questions

More securities from PGIM Investments.