PGIM Rock ETF Trust
04/30/2026 | Press release | Distributed by Public on 04/30/2026 15:23
Summary Prospectus by Investment Company (Form 497K)
PGIM Rock ETF Trust
PGIM S&P 500 Buffer 12 ETF - May
PGIM S&P 500 Buffer 20 ETF - May
(each a "Fund" and collectively the "Funds")
PGIM S&P 500 Buffer 20 ETF - May
(each a "Fund" and collectively the "Funds")
Supplement dated April 30, 2026
to the Funds' Currently Effective Summary Prospectus and Prospectus
to the Funds' Currently Effective Summary Prospectus and Prospectus
As described in detail in the Funds' prospectus, an investment in shares of a Fund is subject to a pre-determined upside return cap (the "cap") that represents the maximum percentage return an investor can achieve from an investment in such Fund for the entire Target Outcome Period (generally, an approximate one-year period over which each Fund seeks to produce the target outcome). The Target Outcome Period for each Fund will commence on May 1, 2026 and end on April 30, 2027.
An investment in a Fund over the course of the Target Outcome Period will be subject to such Fund's cap as set forth in the table below.
|
Fund Name
|
Ticker
|
Cap
|
Investment Objective
|
|
PGIM S&P 500 Buffer
12 ETF - May
|
MAYP
|
Gross: 14.86%
Net: 14.36%*
|
The Fund's investment objective is to provide
investors with returns that match the price return
of the SPDR® S&P 500® ETF Trust up to a
predetermined upside cap while providing a
downside buffer against the first 12% (before fees
and expenses) of the SPDR® S&P 500® ETF
Trust's losses over the one-year Target Outcome
Period. In seeking to achieve this investment
objective, the Fund's upside cap over the period
May 1, 2026 through April 30, 2027 is 14.86%
(before fees and expenses).
|
|
PGIM S&P 500 Buffer
20 ETF - May
|
PBMY
|
Gross: 11.30%
Net: 10.80%*
|
The Fund's investment objective is to provide
investors with returns that match the price return
of the SPDR® S&P 500® ETF Trust up to a
predetermined upside cap while providing a
downside buffer against the first 20% (before fees
and expenses) of the SPDR® S&P 500® ETF
Trust's losses over the one-year Target Outcome
Period. In seeking to achieve this investment
objective, the Fund's upside cap over the period
May 1, 2026 through April 30, 2027 is 11.30%
(before fees and expenses).
|
* Takes into account the Fund's unitary management fee.
In connection with the onset of the new Target Outcome Period, each Fund's prospectus is amended as set forth below:
■
The sections in the Funds' Prospectus entitled "Investment Objective" are deleted in their entirety and replaced with the corresponding disclosure set forth under "Investment Objective" in the table above.
■
All references to the dates associated with the prior Target Outcome Period are deleted in their entirety and replaced with references to the new Target Outcome Period: May 1, 2026 through April 30, 2027.
■
All references to the upside cap for the prior outcome period are deleted in their entirety and replaced with the corresponding cap set forth in the table above.
LR5005MAY
PGIM Rock ETF Trust published this content on April 30, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 30, 2026 at 21:24 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]