PGIM S&P 500 Buffer 12 ETF - June

PGIM S&P 500 Buffer 12 ETF - June is an actively managed exchange-traded fund designed to provide exposure to U.S. large-cap equities through a defined outcome strategy. The fund seeks to deliver returns that track the price performance of the SPDR S&P 500 ETF Trust up to a predetermined upside cap, while attempting to buffer the first 12% of losses over a one-year target outcome period, before fees and expenses. To pursue this structure, the fund primarily uses FLEX Options linked to the S&P 500, making it a specialized tool for investors seeking a capped-upside, buffered-downside profile within a broad equity market framework. PGIM S&P 500 Buffer 12 ETF - June is part of PGIM’s buffer ETF lineup and plays a role in the market as a rules-based solution for accessing equity exposure with explicit outcome parameters.