Key stats
About AB Conservative Buffer ETF
Home page
Inception date
Dec 13, 2023
Structure
Open-Ended Fund
Replication method
Physical
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
ISIN
US00039J8062
BUFC actively manages FLEX options in efforts to participate in the price return of the SPDR S&P 500 ETF Trust (SPY), up to a cap, and provide partial downside protection over a three-month outcome period. The fund foregoes some upside return as well as the S&P 500s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 15% of the losses in value of SPY shares, investors forego upside participation above a certain threshold, which is based on market conditions and is reset quarterly. Investors who buy at any other time than the quarterly reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the outcome period to pursue the intended results. The targeted buffers and caps do not include the funds expense ratio.
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 & Warrants99.53%
Cash0.47%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BUFC assets under management is 943.17 M USD. It's fallen 1.09% over the last month.
BUFC fund flows account for 254.73 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, BUFC doesn't pay dividends to its holders.
BUFC shares are issued by Equitable Holdings, Inc. under the brand AB Funds. The ETF was launched on Dec 13, 2023, and its management style is Active.
BUFC expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
BUFC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFC invests in cash.
BUFC price has risen by 1.12% over the last month, and its yearly performance shows a 5.03% increase. See more dynamics on BUFC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.99% over the last month, showed a 2.58% increase in three-month performance and has increased by 5.11% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.99% over the last month, showed a 2.58% increase in three-month performance and has increased by 5.11% in a year.
BUFC trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.