PGIM US Large-Cap Buffer 12 ETF - May (MAYP) Price & Chart
MAYP ETF Chart & Stats
- Day’s Range
- $33.11 - $33.13
- 52-Week Range
- $30.08 - $33.65
- Previous Close
- $33.47
- Volume
- 3,581
- Average Volume (3M)
- 6,040
- AUM
- 37.50M
- NAV
- 33.14
- Expense Ratio
- 0.50%
- Holdings Count
- 0
- Beta
- 0.51
- Inception Date
- Apr 30, 2024
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 1,120,001
- Standard Deviation
- N/A
ETF Overview
PGIM US Large-Cap Buffer 12 ETF - May
The PGIM US Large-Cap Buffer 12 ETF - May (Ticker: MAYP) is a strategic investment vehicle designed to offer investors a unique approach to capital exposure within the large-cap segment of the U.S. equity market. This Exchange-Traded Fund (ETF) is meticulously crafted to provide a broad-based yet specifically tailored investment experience, focusing on the substantial potential and stability of large-cap stocks. MAYP's innovative structure is centered around a defined outcome strategy, providing a buffer against market volatility while capturing the growth opportunities inherent in large-cap equities. This approach is particularly appealing for investors seeking to mitigate downside risks without sacrificing the upside potential typical of the large-cap sector. By investing in a diversified portfolio of prominent companies, the fund aims to deliver both capital appreciation and downside protection over a 12-month outcome period, resetting every May. As a member of the Size and Style category, MAYP targets those who wish to harness the strength of large-cap companies—recognized for their market leadership, financial robustness, and reliable performance. The ETF's focus on a broad-based niche allows it to encompass a wide range of industries within the large-cap universe, providing a comprehensive exposure that aligns with the strategic goals of sophisticated investors seeking both growth and safety. In essence, the PGIM US Large-Cap Buffer 12 ETF - May is not just an investment product; it's a thoughtful solution for those looking to balance risk and reward in a complex market environment. By integrating a protective buffer with the dynamism of large-cap equities, MAYP stands as a compelling choice for investors aiming to navigate the financial markets with confidence and clarity.