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PBAP
+0.77 · +2.73%
$29.03 · BATS

PGIM US Large-Cap Buffer 20 ETF - April (PBAP) ETF Analysis | Defined Outcome

PGIM · USA
AUM:$20.8M
#– of – in Defined Outcome ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 5.9% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.50% — moderate cost. Consider how fees compound over long holding periods.

What is PBAP?

Under normal market conditions, the fund will invest at least 80% of its net assets in investments that provide exposure to equity securities issued by large-capitalization U. The fund is an actively managed ETF.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Positive 1-Year Return
PBAP returned 5.9% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Expense ratio of 0.50%. Consider how fees compound over a long holding period.
ETF Information
AUM$20.8M
Expense Ratio0.50%
Dividend Yield0.00%
Holdings1
Inception DateMar 2024
Domicile–
Distribution–
Index–
ProviderPGIM
Beta–
CategoryDefined Outcome
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+8.3%
1Y
+11.7%
3Y
+25.9%
5Y
+25.9%
OpenBook InsightIf you had invested £10,000 in PBAP 5 years ago, it would have grown to £12,586 — a gain of £2,586.

Annual Returns

Calendar year performance

PBAP delivered positive returns in 3 of the last 3 calendar years.
YearPBAP
2026 YTD+8.7%
2025+6.5%
2024+8.9%
CAGR 2yr+7.7%
3/3 positive yearsAvg return: +8.0%Worst year: +6.5% (2025)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
3.3%
Low
Momentum
+1.4%
30-day change
Support Level
31.27
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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