PMNVPGIM S&P 500 Max Buffer ETF - November
Seeks returns that match the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while maximizing downside protection.
By PGIM · Launched 2025
Annual Cost
0.50%
#2,765 of 6,035 · average
Fund Size
$5M
#5,299 of 6,035 · small
Return (1Y)
N/A
Track Record
11 months
#4,827 of 6,035 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,536+5.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 4 holdings = 100.0% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 10 C13.64
100.3%
CBOE GLOBAL MARKETS, INC.SPY 10 P682.06
2.8%
(PIPA070) PGIM Core Government Money Market Fund
1.5%
CBOE GLOBAL MARKETS, INC.SPY 10 C730.69
-4.6%
Asset allocation
Stocks
99.0%
Cash
1.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-1.0%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 returns that match the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while maximizing downside protection.
- Strategy
- Actively managed ETF that invests at least 80% of net assets in FLEX Options on the SPDR S&P 500 ETF Trust, aiming to provide downside protection against approximately 100% of its losses while allowing for upside participation up to a cap of 7.13%. The strategy is designed for the one-year Target Outcome Period.
- Inception date
- October 31, 2025
- Fund family
- PGIM
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Data updated on 2026-09-18