PGIM Rock ETF Trust

07/24/2024 | Press release | Distributed by Public on 07/24/2024 10:09

Prospectus by Investment Company - Form 497

497
PGIM Rock ETF Trust
PGIM US Large-Cap Buffer 12 ETF - August
PGIM US Large-Cap Buffer 20 ETF - August
(each a "Fund" and collectively the "Funds")
Supplement dated July 24, 2024
to the Funds' Currently Effective Summary Prospectus and Prospectus
As described in detail in the Funds' prospectus, an investment in shares of a Fund is subject to a pre-determined upside return cap (the "Cap") that represents the maximum percentage return an investor can achieve from an investment in the Fund for the entire Target Outcome Period (an approximately one year period over which each Fund seeks to produce the target outcome). The Target Outcome Period for each Fund will commence on August 1, 2024 and end on July 31, 2025. Each Fund's Cap will not be determined until the start of the Target Outcome Period on August 1, 2024. As of July 24, 2024, the expected range of each Fund's Cap (before fees and expenses) is set forth below.
Fund Name
Ticker
Estimated Cap Range
PGIM US Large-Cap Buffer 12 ETF -
August
AUGP
13.5% - 15.5% before fees and expenses
(13.0% - 15.0% after taking into account
the Fund's unitary management fee)
PGIM US Large-Cap Buffer 20 ETF -
August
PBAU
10.4% - 12.4% before fees and expenses
(9.9% - 11.9% after taking into account
the Fund's unitary management fee)














LR5008AUG