PGIM S&P 500 Buffer 20 ETF - June

PGIM S&P 500 Buffer 20 ETF - June is an actively managed exchange-traded fund that seeks to deliver price returns linked to the SPDR S&P 500 ETF Trust, with a predefined upside cap and downside buffer over a one-year target outcome period. The fund uses FLEX Options and related exposure techniques tied to the S&P 500 to create a structured return profile designed for investors seeking a more defined equity-market outcome. It focuses on large-cap U.S. stocks represented in the S&P 500 and is part of PGIM’s buffer ETF lineup, which offers outcome-based strategies across equity markets. The ETF is intended to participate in market gains up to its cap while helping limit losses through its buffer feature, making it a specialized tool within the U.S. equity ETF segment.