PGIM S&P 500 Max Buffer ETF - December (PMDE) Price & Chart
PMDE ETF Chart & Stats
- Day’s Range
- $26.33 - $26.35
- 52-Week Range
- $24.90 - $26.42
- Previous Close
- $26.42
- Volume
- 175
- Average Volume (3M)
- 558
- AUM
- 9.24M
- NAV
- 26.35
- Expense Ratio
- 0.50%
- Holdings Count
- 0
- Beta
- 0.16
- Inception Date
- Nov 28, 2025
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 350,001
- Standard Deviation
- N/A
ETF Overview
PGIM S&P 500 Max Buffer ETF - December
The PGIM S&P 500 Max Buffer ETF - December (PMDE) is a unique investment vehicle designed for those seeking a structured downside hedge within the S&P 500 market segment. This ETF is tailored to provide a predetermined investment outcome over a one-year period, offering investors a strategic approach to mitigating risks associated with market volatility. The fund is specifically structured to reset its exposure annually in December, ensuring that investors have a fresh opportunity to align their portfolios with the fund’s objective each year. PMDE distinguishes itself by utilizing FLEX options, which are specially designed derivatives that allow for customized investment strategies. These options enable the fund to establish a buffer against market downturns, thereby offering a level of protection while still maintaining exposure to the upside potential of the S&P 500. This makes PMDE an attractive option for investors who are concerned about market declines but still wish to participate in potential gains. The fund’s niche focus on downside protection within the S&P 500 space makes it a compelling choice for risk-averse investors or those looking to add a layer of defense to their equity holdings. By committing to hold the ETF for the entire outcome period, investors can aim to achieve the fund's targeted results, which are clearly defined and reset on an annual basis. This structured outcome approach provides clarity and predictability, key components for investors seeking to navigate the complexities of the financial markets with confidence.