10/30/2026 | Press release | Distributed by Public on 10/30/2026 15:18
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Fund Name
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Ticker
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Cap
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Investment Objective
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PGIM S&P 500 Buffer
12 ETF - November
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NOVP
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Gross: 16.40%
Net: 15.90%*
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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
November 1, 2026 through October 31, 2027 is
16.40% (before fees and expenses).
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PGIM S&P 500 Buffer
20 ETF - November
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PBNV
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Gross: 12.74%
Net: 12.24%*
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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
November 1, 2026 through October 31, 2027 is
12.74% (before fees and expenses).
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