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Beacon

APRPPGIM S&P 500 Buffer 12 ETF - Apr

Grow my moneyStay safe2y track recordRanked #220 of 387 in this goal

Seeks returns that match the price return of the SPDR S&P 500 ETF Trust up to a cap while providing a downside buffer against the first 12% of losses.

By PGIM · Launched 2024

Annual Cost

0.50%

#2,766 of 6,040 · average

Fund Size

$30M

#4,267 of 6,040 · small

Return (1Y)

+15.0%

Track Record

2 years

#3,434 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,492+14.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 9 holdings = 100.0% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 3 C6.5
100.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P650.34
3.3%
CBOE GLOBAL MARKETS, INC.SPY 3 C6.5
2.8%
(PIPA070) PGIM Core Government Money Market Fund
1.0%
CBOE GLOBAL MARKETS, INC.SPY 3 P650.34
0.1%
CBOE GLOBAL MARKETS, INC.SPY 3 P572.3
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 3 C758.17
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 3 P572.3
-1.8%
CBOE GLOBAL MARKETS, INC.SPY 3 C758.17
-5.2%

Asset allocation

Stocks
99.3%
Cash
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
9.4%Low

Year-on-year price swings

Max drawdown
-13.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks returns that match the price return of the SPDR S&P 500 ETF Trust up to a cap while providing a downside buffer against the first 12% of losses.
Strategy
Actively managed ETF that invests primarily in FLEX Options on the SPDR S&P 500 ETF Trust to provide a downside buffer against the first 12% of losses and upside participation up to a cap of 16.58%. Aims to match the price return of the S&P 500 Index while managing risk through options strategies.
Inception date
March 28, 2024
Fund family
PGIM

Next steps

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Data updated on 2026-09-18