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Dividend Vision

PMMY — PGIM S&P 500 Max Buffer ETF - May

PGIM S&P 500 Max Buffer ETF - May (PMMY)

PMMY pays a 0.00% distribution rate, on a 0.50% expense ratio. Total return is 8.0% over the past 1.3 years, 33.0 points behind SPY at 41.0%. Its deepest 1-year drawdown was 0.6%.

PGIM S&P 500 Max Buffer ETF - May employs a buffer strategy designed to provide downside protection on S&P 500 exposure while capping upside participation, making it a structured approach to large-cap equity investing. The fund carries a 0.50% expense ratio and currently distributes no income, focusing instead on potential capital appreciation through its built-in protection mechanism. This ETF appeals to investors seeking reduced portfolio volatility and downside cushioning rather than yield generation, making it relevant for those prioritizing capital preservation alongside equity market participation.

PMMY key facts

Issuer
PGIM Investments
Asset type
ETF
Asset class
Equity
Inception date
04/30/2025
Expense ratio
0.50%
Distribution rate
0.00%
Last close
$27.05
AUM
$5,402,528
Average volume
328.0
Beta
0.0841
P/E ratio
25.3927