PBAUPGIM S&P 500 Buffer 20 ETF - August
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 20% of losses.
By PGIM · Launched 2024
Annual Cost
0.50%
#2,766 of 6,040 · average
Fund Size
$40M
#3,979 of 6,040 · mid-size
Return (1Y)
+9.2%
Track Record
2 years
#3,484 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,929+9.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 105.4% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 7 C6.32
82.0%
CBOE GLOBAL MARKETS, INC.SPY 7 C6.32
17.8%
CBOE GLOBAL MARKETS, INC.SPY 7 C6.32
4.3%
(PIPA070) PGIM Core Government Money Market Fund
0.7%
CBOE GLOBAL MARKETS, INC.SPY 7 P632.08
0.6%
CBOE GLOBAL MARKETS, INC.SPY 7 P632.08
0.1%
CBOE GLOBAL MARKETS, INC.SPY 7 P632.08
0.0%
CBOE GLOBAL MARKETS, INC.SPY 7 P505.66
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 7 P505.66
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 7 P505.66
-0.1%
Asset allocation
Stocks
98.9%
Cash
1.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
4.7%Low
Year-on-year price swings
Max drawdown
-8.9%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 20% 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 20% of losses and upside participation up to a cap of 11.18%. Aims to match the price return of the S&P 500 Index while managing risk through options strategies.
- Inception date
- May 9, 2024
- Fund family
- PGIM
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save PBAU to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18