PMMR ETF — PGIM S&P 500 Max Buffer ETF - March

PGIM S&P 500 Max Buffer ETF - March (PMMR)

Updated October 16, 2026.

PMMR is an ETF. its expense ratio is 0.50%. Total return is 10.5% over the past 1.6 years, 22.8 points behind SPY at 33.3%.

PGIM S&P 500 Max Buffer ETF - March is an ETF that seeks exposure to large-cap U.S. equities by investing at least 80% of its assets in S&P 500 Index securities, with a non-diversified structure. The fund does not currently distribute income, and carries an expense ratio of 0.50%. This ETF may appeal to investors seeking broad U.S. equity market exposure with a buffer strategy component.

PMMR performance versus SPY

Price and return data through 2026-10-16.

Total return is 10.5% over the past 1.6 years, 22.8 points behind SPY at 33.3%. Over the past year its total return — price change plus distributions reinvested — is 6.0%. Its deepest 1-year drawdown was 1.3%.

PMMR key facts

Issuer

PGIM Investments

Asset type

ETF

Asset class

Equity

Inception date

02/28/2025

Expense ratio

0.50%

Distribution frequency

None

Last close

$27.53 (as of 2026-10-16)

AUM

$5,505,074

Average volume

106.0

Beta

0.1171

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 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.

PMMR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.3%.

Who may consider PMMR — and who may not

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

More on PMMR

• All tickers starting with P

Tagged: Downside Protection, Options, Target, S&P500.

Frequently asked questions

More securities from PGIM Investments.