# FEBP (PGIM S&P 500 Buffer 12 ETF - February)

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

As of Sep 11, 2026, FEBP sits between its buffer and its cap, with SPY up 10.4% since the period began.

## Key facts

- FEBP, can still gain: 5.6%, as of Sep 11, 2026.
- FEBP, fall before the buffer: 7.6%, as of Sep 11, 2026.
- FEBP, protection left, index points: 12.0%, as of Sep 11, 2026.
- FEBP, days to reset: 142, as of Sep 11, 2026.
- FEBP, net assets: $28m (issuer page, as of Sep 11, 2026).
- FEBP, expense ratio: 0.50% (issuer data, Sep 11, 2026).

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 12% | ETFIQ |
| Outcome period | Feb 1, 2026 to Jan 31, 2027 | ETFIQ |
| Starting cap | +14.2% | ETFIQ |
| SPY return since period start | +10.4% | ETFIQ |
| Fund return since period start | +7.7% | ETFIQ |
| Net assets | $28m | issuer page, as of Sep 11, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 5.6% | issuer, fund price |
| Fall before buffer | 7.6% | issuer, fund price |
| Fall to the buffer in index terms | 9.5% | ETFIQ |
| Protection left in index points | 12.0% of 12.0% | ETFIQ |
| Days left in period | 142 | ETFIQ |
| Expense ratio | 0.50% | issuer data, Sep 11, 2026 |

## Questions

### How much can FEBP still gain?

About 5.6% from its price on Sep 11, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +14.2%.

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

7.6% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms SPY can fall 9.5% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the FEBP 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 FEBP reset?

The outcome period ends on Jan 31, 2027, 142 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does FEBP cost?

The prospectus expense ratio is 0.50% a year.


## Cite this page

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

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