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PGIM S&P 500 Buffer 20 ETF - April (PBAP)

Defined Outcome | Exchange Traded Fund | Cboe US
30.43 USD -0.02 (-0.079%) ⇩ (April 20, 2026, 2:04 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:25 a.m. EDT

PBAP is a weekly resetting 20% buffer fund tracking a 500 index, showing no ability to compound via dividends or special operations due to its structural nature. The 'hot' aspect is the within-week buffer recovery potential, but over 45 days it predicts only 0.22% drift potential. Recent 14-day action is a clean upward trend up to the high, yet the statistical model flags high excess kurtosis and significant heteroscedasticity, undermining confidence in predicting further specific direction beyond the status quo. Long-term holds are cursory because the weekly reset structure incurs periodic drag on compounding; holding requires patience for the full period ends. Dividends are company income which is not the intention.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.002990
AutoARIMA0.003112
MSTL0.003147
AutoTheta0.004272

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 11%
H-stat 14.16
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 5.95
Attribute Value
Trailing P/E 26.60

Info Dump

Attribute Value
All Time High 30.49
All Time Low 24.404
Ask 0.0
Ask Size 600
Average Daily Volume10 Day 17,170
Average Daily Volume3 Month 9,639
Average Volume 9,639
Average Volume10Days 17,170
Beta3 Year 0.0
Bid 15.21
Bid Size 100
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 30.45
Day Low 30.42
Dividend Yield 0.0
Eps Trailing Twelve Months 1.143975
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 29.43826
Fifty Day Average Change 0.98844147
Fifty Day Average Change Percent 0.033576764
Fifty Two Week Change Percent 17.126024
Fifty Two Week High 30.49
Fifty Two Week High Change -0.06329918
Fifty Two Week High Change Percent -0.0020760635
Fifty Two Week Low 25.89
Fifty Two Week Low Change 4.536701
Fifty Two Week Low Change Percent 0.17522986
Fifty Two Week Range 25.89 - 30.49
First Trade Date Milliseconds 1,711,978,200,000
Full Exchange Name Cboe US
Fund Family PGIM
Fund Inception Date 1,711,584,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund will invest at least 80% of its net assets in investments that provide exposure to equity securities issued by large-capitalization U.S. companies. The fund is an actively managed ETF. It 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”). The fund is non-diversified.
Long Name PGIM S&P 500 Buffer 20 ETF - April
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1859486776
Nav Price 30.42297
Net Assets 20,879,780.0
Net Expense Ratio 0.5
Open 30.45
Previous Close 30.4509
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0241985
Regular Market Change Percent -0.0794674
Regular Market Day High 30.45
Regular Market Day Low 30.42
Regular Market Day Range 30.42 - 30.45
Regular Market Open 30.45
Regular Market Previous Close 30.4509
Regular Market Price 30.4267
Regular Market Time 1,776,708,286
Regular Market Volume 2,285
Short Name PGIM S&P 500 Buffer 20 ETF - Ap
Source Interval 15
Symbol PBAP
Total Assets 20,879,780
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.597347
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.53297
Trailing Three Month Returns 1.53297
Triggerable 1
Two Hundred Day Average 28.70645
Two Hundred Day Average Change 1.7202511
Two Hundred Day Average Change Percent 0.059925597
Type Disp ETF
Volume 2,285
Yield 0.0
Ytd Return 1.53297