PBMR ETF Profile

Family:	PGIM Investments
Name:	PGIM US Large-Cap Buffer 20 ETF - March

Inception Date:	29-Feb-2024
Termination Date:
Investment Objective:	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 March 1, 2024 through February 28, 2025 is 12.65%. Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to equity securities issued by large-capitalization U.S. companies. The Fund is an actively managed exchange-traded fund ("ETF"). The Fund will invest substantially all of its assets in customized equity or index option contracts known as FLexible EXchange Options ("FLEX Options") on the SPDR S&P 500 ETF Trust (the "Underlying ETF").

Prospectus

Number of Holdings:	8
Shares Outstanding:	270,001
Total Net Assets:	7,562,593
NAV:	28.03
Net Expense Ratio:	0.50%

Asset Class:	Equities (Stocks)
Developed or Emerging:	Developed Market Funds
Country:	US
Region:
Strategy:	Buffer protect options strategy
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Maturity Duration:
Market Cap:	Large Cap
Credit Quality:
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Is Currency Hedged:	No
US or Ex-US:	Domestic