PGIM US Large-Cap Buffer 20 ETF - April (PBAP) Price & Chart
PBAP ETF Chart & Stats
- Day’s Range
- $31.68 - $31.73
- 52-Week Range
- $28.25 - $31.98
- Previous Close
- $31.85
- Volume
- 4,670
- Average Volume (3M)
- 2,829
- AUM
- 38.54M
- NAV
- 31.73
- Expense Ratio
- 0.50%
- Holdings Count
- 0
- Beta
- 0.33
- Inception Date
- Mar 28, 2024
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 1,200,001
- Standard Deviation
- N/A
ETF Overview
PGIM US Large-Cap Buffer 20 ETF - April
The PGIM US Large-Cap Buffer 20 ETF - April (Ticker: PBAP) is a uniquely structured exchange-traded fund designed to provide investors with a strategic approach to large-cap equity exposure while incorporating a protective buffer against market downturns. This ETF falls within the Size and Style category, with a pronounced focus on Large Cap stocks, making it an ideal choice for investors seeking exposure to the leading corporations in the United States. PBAP operates within a Broad-based niche, offering a diversified portfolio that mitigates risk through its innovative buffer strategy. The fund is designed to shield investors from the first 20% of losses in the S&P 500 index over a one-year outcome period, beginning each April. This feature allows investors to maintain equity market exposure while reducing downside risk, an attractive proposition for those looking to balance growth potential with risk management. The PGIM US Large-Cap Buffer 20 ETF - April is particularly appealing to risk-averse investors who are interested in capitalizing on the performance of prominent large-cap companies. By integrating a buffer mechanism, PBAP provides a distinct blend of growth opportunity and risk mitigation, making it a compelling addition to a well-rounded investment portfolio.