AB Conservative Buffer ETF
BUFC
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Anthony J. Danno
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 501 Commerce Street Nashville TN United States of America 37203
- IPO Date
- Dec 13, 2023
- Website
- alliancebernstein.com
- Similar Companies
- Business
- AB Conservative Buffer ETF (BUFC) is an actively managed exchange-traded fund that seeks a conservative level of capital appreciation while providing downside protection against market declines in the SPDR S&P 500 ETF Trust (SPY); it utilizes FLEX options referencing SPY to target 15% downside buffer (after a potential first 1% loss) and limited upside participation subject to a hedge period cap typically between 2% and 4% over rolling three-month periods, with potential resets during equity rallies to maximize growth potential. Launched on December 13, 2023, and issued by AB Funds, an affiliate of AllianceBernstein L.P. (AB), a leading global investment management firm founded through mergers tracing to 1967 and headquartered in Nashville, Tennessee, BUFC primarily holds FLEX call and put options on SPY along with cash equivalents and collateral, employing AB's proprietary tools for option selection and portfolio management. AB, with approximately $860 billion in assets under management as of late 2025, operates worldwide, serving institutional, individual, and private wealth clients across equities, fixed income, alternatives, and multi-asset solutions. In recent developments, AllianceBernstein expanded its ETF suite to 17 funds by launching the AB International Buffer ETF (BUFI) and AB Moderate Buffer ETF (BUFM) in December 2024, further diversifying its buffer ETF offerings alongside BUFC; the firm continued this growth in 2025 with new fixed income ETFs including AB New York Intermediate Municipal ETF (NYM) and AB Core Bond ETF (CORB) in November, leveraging its $83 billion municipal bond platform, and introduced the AB US Equity ETF (XCHG) in December, bringing total ETF AUM to over $13 billion. Equitable Holdings, Inc., AB's majority owner with a 68.5% economic interest, acquired additional AB units worth $757.8 million in April 2025 via tender offer, solidifying its control; meanwhile, AB acquired CarVal Investors in 2022 to bolster private alternatives capabilities, supporting broader strategic expansions amid net AUM growth to $869 billion by October 2025. BUFC, with assets under management exceeding $940 million as of late 2025, remains a core component of AB's defined-outcome ETF lineup, traded on Nasdaq with a net expense ratio of 0.69%.