PGIM S&P 500 Max Buffer ETF - December
PMDE
Chicago Board Options Exchange- -
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Manoj Jain
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 655 Broad Street Newark NJ United States of America 7102
- IPO Date
- Dec 2, 2025
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Rock ETF Trust - PGIM S&P 500 Max Buffer ETF - December (PMDE) operates as an exchange-traded fund within the PGIM Rock ETF Trust, a registered investment company sponsored by PGIM Investments LLC, the U.S. investment management business of PGIM, the global investment arm of Prudential Financial, Inc. The fund seeks investment results that correspond to the price return of the S&P 500 Index, subject to maximum upside participation and downside buffer levels over a defined outcome period, typically one year ending in December; it achieves this through FLEX options-based strategies linked to the S&P 500 Index, offering defined outcome ETFs that provide targeted buffer protection against the first 10%-20% of losses while capping gains at predefined levels. Core offerings include a suite of buffer ETFs across various outcome periods and buffer levels, such as 9%, 12%, 15%, and 20% downside buffers for the S&P 500, alongside similar products for the Nasdaq-100 Index; these are structured as series trusts with systematic FLEX options ladders to deliver precise exposure, tax efficiency, and liquidity via NYSE Arca listing. The trust, headquartered in Newark, New Jersey, traces its roots to PGIM's broader asset management heritage dating back to 1875 through Prudential, with the ETF platform launched in recent years to expand into defined outcome investment solutions for retail and institutional investors targeting U.S. equities. Geographically, it serves investors primarily in the United States through intermediary channels, including registered investment advisors, broker-dealers, and retirement plans, with global distribution support via PGIM's international presence in over 30 countries. Recent developments include the expansion of the buffer ETF suite with new outcome series launches in 2024 and 2025, enhancing buffer and cap flexibility to meet evolving market demands amid heightened volatility; PGIM also strengthened strategic distribution partnerships with major platforms like Schwab, Fidelity, and Pershing to broaden access, while integrating ESG considerations into select offerings without altering core buffered equity strategies. No major acquisitions or name changes have occurred in the last 1-2 years, though PGIM Investments announced operational enhancements in 2025 to improve ETF liquidity and outcome precision through advanced options structuring. The fund targets long-term investors seeking equity exposure with principal protection features, positioning it within the growing $20 billion+ defined outcome ETF segment.