PGIM Rock ETF Trust

10/24/2025 | Press release | Distributed by Public on 10/24/2025 10:10

Prospectus by Investment Company (Form 497)

PGIM Rock ETF Trust
PGIM S&P 500 Buffer 12 ETF - November
PGIM S&P 500 Buffer 20 ETF - November
(each a "Fund" and collectively the "Funds")
Supplement dated October 24, 2025
to the Funds' Currently Effective Summary Prospectus and Prospectus
As described 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 the Fund for the entire Target Outcome Period (generally, an approximately one-year period over which each Fund seeks to produce the target outcome). The next Target Outcome Period for each Fund will commence on November 1, 2025 and end on October 31, 2026 (the "New Target Outcome Period"). Each Fund's Cap will not be determined until on or about the start of the New Target Outcome Period. Investors are encouraged to visit their Fund's website (https://www.pgim.com/investments/etf-buffer-fund)* on November 1, 2025 (or the first business day thereafter) to obtain information on the Cap for the New Target Outcome Period. Investors should consider the Cap before investing or reinvesting in the Fund for the New Target Outcome Period.
As of October 24, 2025, the expected range of each Fund's Cap (before fees and expenses) for the New Target Outcome Period is set forth below. 
Fund Name
Ticker
Estimated Cap Range
PGIM S&P 500 Buffer 12 ETF -
November
NOVP
11.4% - 14.4% before fees and expenses
(10.9% - 13.9% after taking into account
the Fund's unitary management fee)
PGIM S&P 500 Buffer 20 ETF -
November
PBNV
8.3% - 11.3% before fees and expenses
(7.8% - 10.8% after taking into account
the Fund's unitary management fee)
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* Reference to the Website does not incorporate the Website into this supplement or a Fund's prospectus.

 

 

 

 

 

 

 
LR5011NOV

PGIM Rock ETF Trust published this content on October 24, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on October 24, 2025 at 16:10 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 If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]