# PBAU (PGIM S&P 500 Buffer 20 ETF - August )

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

As of Sep 11, 2026, PBAU sits between its buffer and its cap, with SPY up 2.3% since the period began.

## Key facts

- PBAU, can still gain: 10.3%, as of Sep 11, 2026.
- PBAU, fall before the buffer: 1.7%, as of Sep 11, 2026.
- PBAU, protection left, index points: 20.0%, as of Sep 11, 2026.
- PBAU, days to reset: 323, as of Sep 11, 2026.
- PBAU, net assets: $40m (issuer page, as of Sep 11, 2026).
- PBAU, expense ratio: 0.50% (issuer data, Sep 11, 2026).

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 20% | ETFIQ |
| Outcome period | Aug 1, 2026 to Jul 31, 2027 | ETFIQ |
| Starting cap | +12.2% | ETFIQ |
| SPY return since period start | +2.3% | ETFIQ |
| Fund return since period start | +1.3% | ETFIQ |
| Net assets | $40m | issuer page, as of Sep 11, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 10.3% | issuer, fund price |
| Fall before buffer | 1.7% | issuer, fund price |
| Fall to the buffer in index terms | 2.3% | ETFIQ |
| Protection left in index points | 20.0% of 20.0% | ETFIQ |
| Days left in period | 323 | ETFIQ |
| Expense ratio | 0.50% | issuer data, Sep 11, 2026 |

## Questions

### How much can PBAU still gain?

About 10.3% 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 +12.2%.

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

1.7% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms SPY can fall 2.3% from that level before the buffer begins. Losses until that point are the holder's.

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

20.0% of the 20.0% 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 PBAU reset?

The outcome period ends on Jul 31, 2027, 323 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does PBAU cost?

The prospectus expense ratio is 0.50% a year.


## Cite this page

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

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