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PBJLPGIM S&P 500 Buffer 20 ETF - July

Stay safeGrow my money2y track recordRanked #136 of 387 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust up to a cap while providing a 20% downside buffer.

By PGIM · Launched 2024

Annual Cost

0.50%

#2,766 of 6,040 · average

Fund Size

$71M

#3,399 of 6,040 · mid-size

Return (1Y)

+8.4%

Track Record

2 years

#3,480 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,842+8.4%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 10 holdings = 106.7% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 6 C6.18
59.7%
CBOE GLOBAL MARKETS, INC.SPY 6 C6.18
45.9%
(PIPA070) PGIM Core Government Money Market Fund
0.4%
CBOE GLOBAL MARKETS, INC.SPY 6 C6.18
0.4%
CBOE GLOBAL MARKETS, INC.SPY 6 P617.85
0.2%
CBOE GLOBAL MARKETS, INC.SPY 6 P617.85
0.1%
CBOE GLOBAL MARKETS, INC.SPY 6 P494.28
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 6 C683.9
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 6 P494.28
-0.0%
CBOE GLOBAL MARKETS, INC.SPY 6 P494.28
-0.0%

Asset allocation

Stocks
99.0%
Cash
1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
4.5%Low

Year-on-year price swings

Max drawdown
-9.0%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 to provide returns that match the price return of the SPDR S&P 500 ETF Trust up to a cap while providing a 20% downside buffer.
Strategy
Actively managed ETF that invests primarily in FLEX Options on the SPDR S&P 500 ETF Trust to provide a 20% downside buffer and upside participation up to a cap of 10.69%. The strategy is designed for investors holding shares through the entire Target Outcome Period.
Inception date
May 7, 2024
Fund family
PGIM

Next steps

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Data updated on 2026-09-18