Innovator ETFs Trust registered 1 new fund series on Form 485APOS, filed 2023-10-13. Featured series: Innovator Premium Income 40 Barrier ETF - January.
| Series | Class | Ticker | New |
|---|---|---|---|
| Innovator Premium Income 40 Barrier ETF - January | Innovator Premium Income 40 Barrier ETF - January | — | Yes |
The Fund seeks to provide investors, over the period from January 1, 2024 to December 31, 2024, with an investment that provides a high level of income through a Defined Distribution Rate of 5.65% (prior to taking into account management fees and other fees) and that is not subject to any losses experienced by the U.S. Equity Index that are at or below a 40% Barrier and is subject to initial losses experienced by the U.S. Equity Index beginning at the 40% Barrier and to the full extent of U.S. Equity Index losses on a one-to-one basis beginning at 41%.