AB Conservative Buffer ETF (BUFC) is an exchange-traded fund in the Defined Outcome category. It has $1.05B in assets, an expense ratio of 0.69% and a 0.00% dividend yield. The fund seeks to achieve its investment objective by investing, under normal conditions, substantially all of its assets in a combination of exchange-traded options contracts on an underlying ETF. The underlying ETF (initially expected to be the SPDR® S&P 500® ETF Trust) is an ETF that seeks to track the investment results of the S&P 500 Index, which measures the performance of the large-capitalization sector of the U.S. equity market, as determined by S&P Dow Jones Indices LLC. The fund is no…