Symbols

TBJL

Innovator 20+ Year Treasury Bond 9 Buffer ETF - July·CBOE

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Key Stats

Assets Under Management

22.98MUSD

Fund Flows (1Y)

21.61MUSD

Dividend Yield

Discount/Premium to NAV

-0.20%

Shares Outstanding

1.20M

Expense Ratio

0.79%

About Innovator 20+ Year Treasury Bond 9 Buffer ETF - July

Issuer

Innovator

Brand

Innovator

Home Page

https://www.innovatoretfs.com/etf/?ticker=tbjl

Inception Date

Aug 17, 2020

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

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

Innovator Capital Management LLC

Distributor

Foreside Fund Services LLC

TBJL is one of the first fixed income fund that follows a defined outcome structure. The fund uses FLEX options in an effort to moderate losses on TLT over a one-year period starting each July. In exchange for preventing realization of the first 9% of the TLT's losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual 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 period to achieve the intended results. The targeted buffers and caps do not include the fund's expense ratio. The fund is actively managed, resets annually and uses FLEX options exclusively.

Classification

Asset Class

Fixed Income

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	-0.32%	-1.24%	-0.22%	-0.62%	-3.32%	-16.50%
NAV Total Return	+0.34%	-1.31%	+0.47%	-0.16%	-1.59%	-16.44%

No data is currently available

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