Under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to securities included in the S&P 500 Index. The fund is an actively managed exchange-traded fund (“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.

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PGIM S&P 500 Buffer 20 ETF - October

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 exchange-traded fund ("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. Address: 

YTD	8.19%
1Y	10.26%
1Y volatility	5.15%
3Y volatility	0.00%
Sharpe ratio	0.00

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