# APRP (PGIM S&P 500 Buffer 12 ETF - April)

PGIM · Buffer ETFs · data as of Sep 11, 2026

As of Sep 11, 2026, APRP has reached its cap.

## Key facts

- APRP, past the cap, price drift left: 5.6%, as of Sep 11, 2026.
- APRP, fall before the buffer: 9.5%, as of Sep 11, 2026.
- APRP, protection left, index points: 12.0%, as of Sep 11, 2026.
- APRP, days to reset: 201, as of Sep 11, 2026.
- APRP, net assets: $31m (issuer page, as of Sep 11, 2026).
- APRP, expense ratio: 0.50% (issuer data, Sep 11, 2026).

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 12% | ETFIQ |
| Outcome period | Apr 1, 2026 to Mar 31, 2027 | ETFIQ |
| Starting cap | +16.6% | ETFIQ |
| SPY return since period start | +17.5% | ETFIQ |
| Fund return since period start | +9.9% | ETFIQ |
| Net assets | $31m | issuer page, as of Sep 11, 2026 |
| Band state today | At cap | ETFIQ |
| Can still gain | 5.6% | issuer, fund price |
| Fall before buffer | 9.5% | issuer, fund price |
| Fall to the buffer in index terms | 14.9% | ETFIQ |
| Protection left in index points | 12.0% of 12.0% | ETFIQ |
| Days left in period | 201 | ETFIQ |
| Expense ratio | 0.50% | issuer data, Sep 11, 2026 |

## Questions

### How much can APRP still gain?

Nothing more in index terms on Sep 11, 2026. SPY has already passed the cap of +16.6% for this period, which runs from Apr 1, 2026 to Mar 31, 2027.

### How far can APRP fall before the buffer helps?

9.5% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms SPY can fall 14.9% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the APRP buffer is left?

12.0% of the 12.0% buffer sat below the SPY level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does APRP reset?

The outcome period ends on Mar 31, 2027, 201 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does APRP cost?

The prospectus expense ratio is 0.50% a year.


## Cite this page

ETFIQ, APRP, data as of Sep 11, 2026. https://etfiq.com/funds/APRP
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/APRP  ·  JSON: https://etfiq.com/funds/APRP.json