Skip to content

PMMYPGIM S&P 500 Max Buffer ETF - May

Grow my money1y track recordRanked #2,617 of 3,055 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust up to a 6.96% cap while providing downside protection against its losses.

By PGIM · Launched 2025

Annual Cost

0.50%

#2,766 of 6,040 · average

Fund Size

$5M

#5,266 of 6,040 · small

Return (1Y)

+5.0%

Track Record

1 year

#4,287 of 6,040 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,505+5.0%

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 4 holdings = 100.0% of fundconcentrated

X-CHANGE FINANCIAL ACCESS LLCSPY 4 C5.55
120.6%
(PIPA070) PGIM Core Government Money Market Fund
0.7%
X-CHANGE FINANCIAL ACCESS LLCSPY 4 P554.54
0.0%
X-CHANGE FINANCIAL ACCESS LLCSPY 4 C592.91
-21.3%

Asset allocation

Stocks
98.2%
Cash
1.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
1.7%Low

Year-on-year price swings

Max drawdown
-0.6%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 6.96% cap while providing downside protection against its losses.
Strategy
Actively managed ETF that invests at least 80% of net assets in FLEX Options on the SPDR S&P 500 ETF Trust to provide downside protection against approximately 100% of its losses while allowing for upside participation up to a 6.96% cap. The Fund's performance is designed to reflect the price return of the Underlying ETF over the Target Outcome Period.
Inception date
April 30, 2025
Fund family
PGIM

Next steps

Save PMMY to compare it with other funds, or start building a portfolio.

Data updated on 2026-09-18