The PGIM S&P 500 Max Buffer ETF - September (PMSE) is a unique investment vehicle designed to cater to investors interested in large-cap equities with a strategic twist. As part of the Size and Style category with a focus on Large Cap, PMSE offers a broad-based approach while incorporating a risk management strategy that sets it apart from typical large-cap ETFs. This ETF is engineered to deliver a pre-determined investment outcome over a one-year horizon, with the specific objective of providing downside protection and capped upside potential, making it particularly appealing for risk-averse investors seeking exposure to the S&P 500 index.
The investment strategy resets annually every September, requiring investors to hold their positions throughout the entire outcome period to fully benefit from the fund's protective features. PMSE employs FLEX options—a flexible and customizable type of options contract—to construct its unique exposure, offering a buffer against significant market downturns while still allowing for participation in market gains up to a cap. By doing so, it provides a structured approach for investors wishing to navigate market volatility with a level of predictability and security.
PGIM S&P 500 Max Buffer ETF - September (PMSE) Fund Flow Chart
PGIM S&P 500 Max Buffer ETF - September (PMSE) 1 year Net Flows: $2M
PMSE ETF FAQ
What was PMSE’s price range in the past 12 months?
PMSE lowest ETF price was $24.95 and its highest was $25.41 in the past 12 months.