PGIM S&P 500 Buffer 20 ETF - Feburary (PBFB) is an exchange-traded fund in the Defined Outcome category. It has $37.02M in assets, an expense ratio of 0.50% and a 0.00% dividend yield. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to securities included in the S&P 500 Index. The fund is an actively managed ETF. It will invest substantially all of its assets in customized equity or index option contracts known as FLexible EXchange® Options (“FLEX Options”) on the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). The fund is non-diversified.