Key stats
About AB Moderate Buffer ETF
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Inception date
Dec 10, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AllianceBernstein LP
Distributor
Foreside Fund Services LLC
BUFM actively manages FLEX options in efforts to participate in the price return of the SPDR S&P 500 ETF (SPY), up to a cap, and provide partial downside protection over an outcome period that ranges from 90 to 120 days. In exchange for preventing the realization of the first 10% of the losses in value of SPY shares, investors forego upside participation typically between 4% and 5%. Periodically, the fund may bear the first 2% of SPYs losses if doing so allows the fund to maintain a higher upside cap. The fund adviser monitors the options portfolio's performance and may rebalance at any time to protect capital or lock-in gains. At the end of each outcome period, the fund resets its cap and buffer levels according to prevailing market conditions. The calculations for cap and buffer do not include the fund's expense ratio, which could diminish net returns. To achieve the intended results, shares must be held throughout the entire outcome period.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.52%
Mutual fund0.51%
Cash−0.03%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BUFM assets under management is 170.27 M USD. It's fallen 23.58% over the last month.
BUFM fund flows account for 159.88 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BUFM doesn't pay dividends to its holders.
BUFM shares are issued by Equitable Holdings, Inc. under the brand AB Funds. The ETF was launched on Dec 10, 2024, and its management style is Active.
BUFM expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
BUFM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFM invests in funds.
BUFM price has risen by 0.73% over the last month, and its yearly performance shows a 3.19% increase. See more dynamics on BUFM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.81% over the last month, showed a 4.33% increase in three-month performance and has increased by 4.16% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.81% over the last month, showed a 4.33% increase in three-month performance and has increased by 4.16% in a year.
BUFM trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.