# PGIM S&P 500 Max Buffer ETF - December (PMDE) — Overview

PMDE · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/pmde

## Price

Last close $26.35 on Oct 15, 2026. 52-week range $24.90 – $26.37.

## Fund profile

PMDE seeks to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust ("SPY") up to a predetermined upside cap while seeking to maximize the downside protection against the SPDR S&P 500 ETF Trust's losses over the one-year Target Outcome Period.

| Metric | Value |
| --- | --- |
| Issuer | PGIM Investments LLC |
| Industry | — |
| Inception | Nov 28, 2025 |
| Assets under management | $9.2M |
| Expense ratio | 0.50% |
| Net asset value | $26.34 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is PGIM S&P 500 Max Buffer ETF - December (PMDE)?

PMDE seeks to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust ("SPY") up to a predetermined upside cap while seeking to maximize the downside protection against the SPDR S&P 500 ETF Trust's losses over the one-year Target Outcome Period.

### What is PMDE's expense ratio?

PGIM S&P 500 Max Buffer ETF - December charges an annual expense ratio of 0.50%. The fund is issued by PGIM Investments LLC.

### How large is PMDE?

PGIM S&P 500 Max Buffer ETF - December manages $9.2M in assets and has traded since Nov 28, 2025.

### How do I buy shares of PGIM S&P 500 Max Buffer ETF - December (PMDE)?

PMDE trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).