PGIM S&P 500 Max Buffer ETF - February (PMFB) Price & Chart
PMFB ETF Chart & Stats
- Day’s Range
- $27.75 - $27.75
- 52-Week Range
- $26.10 - $27.84
- Previous Close
- $27.84
- Volume
- 13
- Average Volume (3M)
- 170
- AUM
- 6.12M
- NAV
- 27.76
- Expense Ratio
- 0.50%
- Holdings Count
- 0
- Beta
- 0.16
- Inception Date
- Jan 31, 2025
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 220,001
- Standard Deviation
- N/A
ETF Overview
PGIM S&P 500 Max Buffer ETF - February
The PGIM S&P 500 Max Buffer ETF - February (PMFB) is a unique investment vehicle designed for those looking to tap into the potential of large-cap equities with a strategic twist. As a part of the Broad-based niche, PMFB focuses on Size and Style, specifically targeting the robust S&P 500 index. What sets this ETF apart is its innovative approach to risk management and return optimization through the use of FLEX options. PMFB aims to deliver a pre-determined investment outcome over a one-year period, resetting annually each February. This structured exposure allows investors to benefit from market gains while providing a level of downside protection, making it an attractive option for those seeking stability in volatile markets. The fund's strategy requires holding the position throughout the entire outcome period to fully realize the intended benefits. By leveraging FLEX options, PMFB crafts a customized exposure that buffers against market drops up to a certain level, enabling investors to engage with large-cap equities confidently. This makes PMFB an ideal choice for those who wish to maintain exposure to the growth potential of the S&P 500 while mitigating some of the risks associated with market downturns. Whether you're a seasoned investor or new to ETFs, PMFB offers a compelling blend of innovation and security in the large-cap space.