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About Innovator Equity Premium Income - Daily PutWrite ETF
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Inception date
Mar 13, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US45784N4034
SPUT invests approximately 50% of its assets in components of the Solactive GBS United States 500 Index, a broad index of US, large-cap equities selected and weighted by market capitalization. Simultaneously, the fund seeks to provide monthly income from premiums received from a daily 0DTE options put-writing strategy, 5-delta SPX put option contracts, and short puts on leveraged equity linked notes. The fund seeks to obtain exposure to 100% of the funds net assets through the implementation of this options strategy. The fund also invests 25% of its assets in ultra-short term US T-bills and money market funds to serve as collateral for the fund's short put options contracts and provide additional income, if any.
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
Electronic Technology
Technology Services
Government
Corporate
Stocks50.15%
Electronic Technology11.51%
Technology Services11.14%
Finance7.42%
Retail Trade4.07%
Health Technology3.77%
Consumer Non-Durables1.73%
Producer Manufacturing1.55%
Consumer Services1.42%
Energy Minerals1.20%
Utilities1.18%
Consumer Durables1.03%
Transportation0.71%
Process Industries0.67%
Commercial Services0.55%
Industrial Services0.54%
Communications0.47%
Health Services0.46%
Non-Energy Minerals0.36%
Distribution Services0.34%
Miscellaneous0.01%
Bonds, Cash & Other49.85%
Government29.62%
Corporate19.91%
Cash0.32%
Stock breakdown by region
North America98.34%
Europe1.54%
Latin America0.11%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPUT invests in stocks. The fund's major sectors are Electronic Technology, with 11.51% stocks, and Technology Services, with 11.14% of the basket. The assets are mostly located in the North America region.
SPUT last dividends amounted to 0.11 USD. The month before, the issuer paid 0.13 USD in dividends, which shows a 19.21% decrease.
SPUT assets under management is 7.94 M USD. It's risen 1.91% over the last month.
SPUT fund flows account for 7.65 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.
Yes, SPUT pays dividends to its holders with the dividend yield of 5.63%. The last dividend (Sep 2, 2025) amounted to 0.11 USD. The dividends are paid monthly.
SPUT shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Mar 13, 2025, and its management style is Active.
SPUT expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
SPUT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPUT invests in stocks.
SPUT trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.