PGIM Laddered S&P 500 Buffer 12 ETF (BUFP)Defined Outcome | Exchange Traded Fund | Cboe US
33.04 USD
-0.05
(-0.151%) ⇩
(Oct. 15, 2026, 2:38 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 3:42 a.m. EDT
This instrument is a specialized buffer ETF designed to cap losses while participating in upside, evidenced by its modest 10.9% gain over the last year and a trailing P/E of 25x. The recent price action shows tight consolidation around $33, trading slightly above its 50-day moving average, which suggests neutral-to-slightly-positive momentum for the immediate future. However, the statistical forecast model indicates a very low 1.51% expected move over the next 45 days with high confidence, signaling that the security is currently in a low-volatility state with limited directional catalysts. This lack of volatility is typical for buffer products nearing their reset or expiration dates, making it unsuitable for aggressive short-term speculation. On the long-term horizon, the one-year trajectory is insufficient to assess multi-year business quality or structural trends, rendering the outlook neutral. Furthermore, the dividend profile is negligible at 1%, offering no meaningful income support. Consequently, this security serves best as a tactical, low-risk parking spot rather than a core investment vehicle. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.009844 |
| AutoARIMA | 0.009862 |
| AutoTheta | 0.014478 |
| MSTL | 0.019463 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 71% |
| H-stat | 0.28 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.148 |
| Excess Kurtosis | 0.18 |
| Attribute | Value |
|---|---|
| Trailing P/E | 24.31 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.01% | 0.01% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.002 | 0.006623 |
| 2024-12-27 | 0.005 | 0.018601 |
| Attribute | Value |
|---|---|
| All Time High | 36.04 |
| All Time Low | 23.97 |
| Ask | 33.09 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 52,750 |
| Average Daily Volume3 Month | 54,784 |
| Average Volume | 54,784 |
| Average Volume10Days | 52,750 |
| Beta3 Year | 0.0 |
| Bid | 33.06 |
| Bid Size | 400 |
| Category | Defined Outcome |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.12 |
| Day Low | 32.9714 |
| Display Name | PGIM Laddered S&P 500 ETF |
| Dividend Yield | 0.01 |
| Eps Trailing Twelve Months | 1.3588458 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 32.85386 |
| Fifty Day Average Change | 0.18614197 |
| Fifty Day Average Change Percent | 0.0056657568 |
| Fifty Two Week Change Percent | 13.21336 |
| Fifty Two Week High | 36.04 |
| Fifty Two Week High Change | -3.0 |
| Fifty Two Week High Change Percent | -0.083240844 |
| Fifty Two Week Low | 28.69 |
| Fifty Two Week Low Change | 4.3500004 |
| Fifty Two Week Low Change Percent | 0.15162079 |
| Fifty Two Week Range | 28.69 - 36.04 |
| First Trade Date Milliseconds | 1,718,285,400,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.049999237 |
| Fullday Change Percent | -0.15110074 |
| Fullday Price | 33.04 |
| Fund Family | PGIM |
| Fund Inception Date | 1,718,064,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks to achieve its investment objective by providing investors with U.S. large-cap equity market exposure through a “laddered portfolio” of twelve PGIM S&P 500 Buffer 12 ETFs (the “Underlying ETFs”). Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in ETFs. |
| Long Name | PGIM Laddered S&P 500 Buffer 12 ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1877846497 |
| Nav Price | 33.24028 |
| Net Assets | 265,866,240.0 |
| Net Expense Ratio | 0.5 |
| Open | 33.15 |
| Previous Close | 33.09 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.049999237 |
| Regular Market Change Percent | -0.15110074 |
| Regular Market Day High | 33.12 |
| Regular Market Day Low | 32.9714 |
| Regular Market Day Range | 32.9714 - 33.12 |
| Regular Market Open | 33.15 |
| Regular Market Previous Close | 33.09 |
| Regular Market Price | 33.04 |
| Regular Market Time | 1,792,089,534 |
| Regular Market Volume | 173,439 |
| Short Name | PGIM Laddered S&P 500 Buffer 12 |
| Source Interval | 15 |
| Symbol | BUFP |
| Total Assets | 265,866,240 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 24.314753 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 2.63413 |
| Trailing Three Month Returns | 2.63413 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.48553 |
| Two Hundred Day Average Change | 1.5544701 |
| Two Hundred Day Average Change Percent | 0.049370933 |
| Type Disp | ETF |
| Volume | 173,439 |
| Yield | 0.0001 |
| Ytd Return | 9.17475 |