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About Innovator ETFs Trust Innovator Laddered Allocation Buffer ETF
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Inception date
Feb 9, 2022
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
BUFB is a collection of buffer ETFs in one ticket. The fund seeks to offer investors a passively managed fund-of-funds portfolio that invests equally across the issuers own, monthly S&P 500 Buffer ETFs. Each underlying ETF uses FLEX options in an effort to provide a buffer against the first 9% of losses in the S&P 500 and capped upside performance over a one-year holding period. The funds laddered approach allows each ETF to conclude its one-year outcome period and then roll to a new outcome period. Thus, resetting both buffer and cap level for another twelve months, each month, helping to mitigate timing risks associated with the strategy. In addition, the portfolio is rebalanced semi-annually to equal weighting. It is important to note though that the fund itself does not pursue a defined outcome strategy.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.