# PMAP (PGIM S&P 500 Max Buffer ETF - April)

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

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

## Key facts

- PMAP, past the cap, price drift left: 3.2%, as of Sep 11, 2026.
- PMAP, fall before the buffer: 3.7%, as of Sep 11, 2026.
- PMAP, protection left, index points: 100.0%, as of Sep 11, 2026.
- PMAP, days to reset: 201, as of Sep 11, 2026.
- PMAP, net assets: $5m (issuer page, as of Sep 11, 2026).
- PMAP, expense ratio: 0.50% (issuer data, Sep 11, 2026).

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | SPY | ETFIQ |
| Buffer | 100% | ETFIQ |
| Outcome period | Apr 1, 2026 to Mar 31, 2027 | ETFIQ |
| Starting cap | +7.1% | ETFIQ |
| SPY return since period start | +17.5% | ETFIQ |
| Fund return since period start | +3.4% | ETFIQ |
| Net assets | $5m | issuer page, as of Sep 11, 2026 |
| Band state today | At cap | ETFIQ |
| Can still gain | 3.2% | issuer, fund price |
| Fall before buffer | 3.7% | issuer, fund price |
| Fall to the buffer in index terms | 14.9% | ETFIQ |
| Protection left in index points | 100.0% of 100.0% | ETFIQ |
| Days left in period | 201 | ETFIQ |
| Expense ratio | 0.50% | issuer data, Sep 11, 2026 |

## Questions

### How much can PMAP still gain?

Nothing more in index terms on Sep 11, 2026. SPY has already passed the cap of +7.1% for this period, which runs from Apr 1, 2026 to Mar 31, 2027.

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

3.7% 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 PMAP buffer is left?

100.0% of the 100.0% 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 PMAP 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 PMAP cost?

The prospectus expense ratio is 0.50% a year.


## Cite this page

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

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