PGIM S&P 500 Max Buffer ETF - July

PGIM S&P 500 Max Buffer ETF - July is an actively managed exchange-traded fund designed to provide exposure to the S&P 500 while seeking a defined outcome over a one-year period. The fund aims to track the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap, while seeking to maximize downside protection against market losses during its target outcome period. To create this structure, the portfolio uses options-based strategies and maintains exposure tied to large-cap U.S. equities. PGIM S&P 500 Max Buffer ETF - July is part of PGIM’s buffer ETF lineup, which is built for investors looking for equity market participation with a built-in buffer framework and a reset cycle that begins each July.