0001415726 tsr:C000247286Member tsr:bench2025010191215_2021Member 2024-10-31 0001415726 tsr:benchmark87543368_2149Member 2023-11-01 2024-10-31 0001415726 tsr:benchmark87653368_2180Member 2024-10-31 0001415726 tsr:C000215957Member 2022-10-31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-22135
Innovator ETFs Trust
(Exact name of registrant as specified in charter)
200 W Front Street
Wheaton, IL 60187
(Address of principal executive offices) (Zip code)
Corporation Service Company
2711 Centerville Road, Suite 400
Wilmington, New Castle County, Delaware 19808
(Name and address of agent for service)
Copy to:
Morrison C. Warren, Esq.
Chapman and Cutler LLP
320 South Canal Street
Chicago, Illinois 60606
(Name and address of agent for service)
800-208-5212
Registrant’s telephone number, including area code
Date of fiscal year end: October 31, 2024
Date of reporting period: October 31, 2024
Item 1. Reports to Stockholders.
| | |
| Innovator Buffer Step-Up Strategy ETF® | |
BSTP (Principal U.S. Listing Exchange: NYSE ArcaNYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Buffer Step-Up Strategy ETF® for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BSTP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Buffer Step-Up Strategy ETF | $100 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund is actively managed and seeks to provide risk-managed exposure to the SPDR S&P 500 ETF Trust (SPY). The Fund seeks to provide an alternative to managing and evaluating a series of buffer strategies, seeking to provide the upside of the SPY while mitigating downside losses with 9% or 15% built-in buffers.
Through the Options Portfolio, the Fund will seek to participate in the price return of the SPY, subject to investment gains up to a limit, and provide protection against SPY losses up to a limit.
The Sub-Adviser will actively monitor the performance of the Options Portfolio and, if certain criteria are met, rebalance or “step-up” the portfolio to protect capital or capture portfolio gains experienced by the Fund, depending on its evaluation of market conditions.
During the 12 months ended October 31, 2024, gains were largely driven by tech and the market interest in AI, coupled with the expectation of a possible soft landing. Market breadth widened in the latter half of the time period, but remained fairly narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Buffer Step-Up Strategy ETF® | PAGE 1 | TSR-AR-45783Y731 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/07/2022) |
Innovator Buffer Step-Up Strategy ETF NAV | 25.01 | 9.60 |
S&P 500 TR | 38.02 | 14.00 |
S&P 500 | 36.04 | 12.23 |
Visit https://www.innovatoretfs.com/etf/?ticker=BSTP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $64,169,183 |
Number of Holdings | 4 |
Net Advisory Fee | $490,364 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.87% |
30-Day SEC Yield Unsubsidized | -0.87% |
Visit https://www.innovatoretfs.com/etf/?ticker=BSTP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.82 | 98.9% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.81 | 5.2% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $659.71 | -1.1% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $522.16 | -3.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BSTP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Buffer Step-Up Strategy ETF® | PAGE 2 | TSR-AR-45783Y731 |
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| | |
| Innovator Deepwater Frontier Tech ETF | |
LOUP (Principal U.S. Listing Exchange: NYSE ArcaNYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Deepwater Frontier Tech ETF for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=LOUP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Deepwater Frontier Tech ETF | $87 | 0.70% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
Over this same period, LOUP outperformed the Nasdaq-100, largely attributable to its allocations to industrials and its security selection within large caps.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Deepwater Frontier Tech ETF | PAGE 1 | TSR-AR-45782C862 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(07/24/2018) |
Innovator Deepwater Frontier Tech ETF NAV | 47.59 | 15.95 | 11.57 |
S&P 500 TR | 38.02 | 15.27 | 13.79 |
Dow Jones Global Index TR | 32.55 | 10.91 | 9.52 |
Deepwater Frontier Tech Index Total Return | 48.99 | 16.81 | 12.31 |
Visit https://www.innovatoretfs.com/etf/?ticker=LOUP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $57,113,362 |
Number of Holdings | 31 |
Net Advisory Fee | $356,102 |
Portfolio Turnover | 165% |
30-Day SEC Yield | -0.37% |
30-Day SEC Yield Unsubsidized | -0.37% |
Visit https://www.innovatoretfs.com/etf/?ticker=LOUP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Sectors | (%) |
Technology | 50.1% |
Communications | 15.1% |
Consumer, Non-cyclical | 12.0% |
Industrial | 8.9% |
Consumer, Cyclical | 5.5% |
Financial | 5.4% |
Basic Materials | 2.9% |
Cash & Other | 0.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=LOUP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Deepwater Frontier Tech ETF | PAGE 2 | TSR-AR-45782C862 |
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| | |
| Innovator Equity Managed Floor ETF® | |
SFLR (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Managed Floor ETF® for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=SFLR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Managed Floor ETF | $101 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
During the 12 months ended October 31, 2024, SFLR generated a total return of 26.97%. Over the same period, the S&P 500 Total Return Index returned 38.02%. The options overlay portion of the portfolio is comprised of two components: short-dated call selling (“Calls”) and long-dated put buying (“Puts”). Both components detracted from the fund’s return, with the calls generating a 4.89% loss and the puts contributing a 2.83% loss.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(11/08/2022) |
Innovator Equity Managed Floor ETF NAV | 26.97 | 19.05 |
S&P 500 TR | 38.02 | 24.27 |
S&P 500 | 36.04 | 22.35 |
Solactive GBS United States 500 Index TR | 38.61 | 24.89 |
Visit https://www.innovatoretfs.com/etf/?ticker=SFLR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
| Innovator Equity Managed Floor ETF® | PAGE 1 | TSR-AR-45783Y673 |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $513,268,763 |
Number of Holdings | 230 |
Net Advisory Fee | $2,265,817 |
Portfolio Turnover | 9% |
30-Day SEC Yield | 0.43% |
30-Day SEC Yield Unsubsidized | 0.43% |
Visit https://www.innovatoretfs.com/etf/?ticker=SFLR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Sectors | (%) |
Technology | 29.7% |
Consumer, Non-cyclical | 15.5% |
Communications | 15.3% |
Financial | 14.5% |
Consumer, Cyclical | 8.2% |
Industrial | 6.8% |
Energy | 3.3% |
Utilities | 2.4% |
Basic Materials | 1.6% |
Cash & Other | 2.7% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=SFLR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Managed Floor ETF® | PAGE 2 | TSR-AR-45783Y673 |
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| | |
| Innovator Gradient Tactical Rotation Strategy ETF | |
IGTR (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Gradient Tactical Rotation Strategy ETF for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IGTR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Gradient Tactical Rotation Strategy ETF | $90 | 0.80% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund’s strategy seeks to identify the global market segment displaying the strongest price momentum metrics. The strategy utilizes a rules-based, two-factor approach to create tactical investment opportunities. During the 12 months ended October 31, 2024, IGTR generated a total return of 24.91%. Over the same period, the S&P Global BMI Index returned 32.78%.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(11/16/2022) |
Innovator Gradient Tactical Rotation Strategy ETF NAV | 24.91 | 3.43 |
S&P 500 TR | 38.02 | 22.40 |
S&P Global BMI TR | 32.78 | 18.18 |
Visit https://www.innovatoretfs.com/etf/?ticker=IGTR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
| Innovator Gradient Tactical Rotation Strategy ETF | PAGE 1 | TSR-AR-45783Y665 |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $151,773,389 |
Number of Holdings | 134 |
Net Advisory Fee | $1,420,364 |
Portfolio Turnover | 458% |
30-Day SEC Yield | 1.59% |
30-Day SEC Yield Unsubsidized | 1.59% |
Visit https://www.innovatoretfs.com/etf/?ticker=IGTR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Sectors | (%) |
Financial | 27.9% |
Communications | 17.4% |
Technology | 16.4% |
Energy | 8.6% |
Industrial | 8.4% |
Consumer, Cyclical | 6.9% |
Consumer, Non-cyclical | 5.4% |
Basic Materials | 5.3% |
Diversified | 0.8% |
Cash & Other | 2.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IGTR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Gradient Tactical Rotation Strategy ETF | PAGE 2 | TSR-AR-45783Y665 |
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| Innovator Hedged Nasdaq-100® ETF | |
| QHDG (Principal U.S. Listing Exchange: NASDAQ) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Hedged Nasdaq-100® ETF for the period of August 19, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=QHDG. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Hedged Nasdaq-100 ETF | $16 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund is designed to be a conservative growth equity solution that seeks to provide capital appreciation and a level of hedged downside protection over the Nasdaq-100® via an options hedge overlay.
Since its inception on August 19, 2024, through October 31, 2024, QHDG generated a total return of 1.44%. Over the same period, the Nasdaq-100 Total Return Index returned 0.76%.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(08/19/2024) |
Innovator Hedged Nasdaq-100 ETF NAV | 1.43 |
NASDAQ 100 Total Return Index | 0.76 |
NASDAQ 100 Index | 0.63 |
Visit https://www.innovatoretfs.com/etf/?ticker=QHDG for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
| Innovator Hedged Nasdaq-100® ETF | PAGE 1 | TSR-AR-45783Y152 |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $5,712,476 |
Number of Holdings | 104 |
Net Advisory Fee | $6,268 |
Portfolio Turnover | 13% |
Visit https://www.innovatoretfs.com/etf/?ticker=QHDG for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Sectors | (%) |
Technology | 47.8% |
Communications | 26.1% |
Consumer, Non-cyclical | 11.2% |
Consumer, Cyclical | 8.8% |
Industrial | 1.6% |
Basic Materials | 1.4% |
Utilities | 1.4% |
Energy | 0.5% |
Financial | 0.2% |
Cash & Other | 1.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=QHDG.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Hedged Nasdaq-100® ETF | PAGE 2 | TSR-AR-45783Y152 |
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| | |
| Innovator IBD® 50 ETF | |
FFTY (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator IBD® 50 ETF for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=FFTY. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Innovator IBD® 50 ETF | $92 | 0.80% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Innovator IBD® 50 ETF seeks to track the investment results of the IBD® 50 Index. IBD® 50 is Investor’s Business Daily’s signature investing tool—targeting companies that are generating outstanding profit growth, big sales increases, wide profit margins and a high return on equity.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
FFTY delivered a strong positive return over the same period, but trailed the S&P 500, largely attributable to its allocation to financials and midcaps.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(04/08/2015) |
Innovator IBD® 50 ETF NAV | 28.98 | -3.57 | 1.08 |
S&P 500 TR | 38.02 | 15.27 | 13.15 |
IBD® 50 Total Return Index | 30.68 | -2.92 | 2.13** |
Visit https://www.innovatoretfs.com/etf/?ticker=FFTY for more recent performance information.
| Innovator IBD® 50 ETF | PAGE 1 | TSR-AR-45782C102 |
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
| ** | Since Inception return is -2.37% from the date the Fund began tracking the IBD® 50 Total Return Index, November 20, 2017. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $62,732,507 |
Number of Holdings | 51 |
Net Advisory Fee | $415,648 |
Portfolio Turnover | 1,304% |
30-Day SEC Yield | -0.46% |
30-Day SEC Yield Unsubsidized | -0.61% |
Visit https://www.innovatoretfs.com/etf/?ticker=FFTY for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Sectors | (%) |
Technology | 33.7% |
Industrial | 24.0% |
Consumer, Non-cyclical | 20.9% |
Communications | 7.7% |
Consumer, Cyclical | 7.1% |
Financial | 6.1% |
Cash & Other | 0.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=FFTY.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator IBD® 50 ETF | PAGE 2 | TSR-AR-45782C102 |
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| | |
| Innovator IBD® Breakout Opportunities ETF | |
BOUT (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator IBD® Breakout Opportunities ETF for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BOUT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
Innovator IBD® Breakout Opportunities ETF | $91 | 0.80% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Innovator IBD® Breakout Opportunities ETF seeks to provide exposure to the investment results of the IBD® Breakout Stocks Index. The Index leverages decades of Investor’s Business Daily research and seeks to identify stock breakout opportunities, or stocks poised to experience a period of sustained price growth beyond the security’s recent “resistance level”, with consideration for various market conditions.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
BOUT delivered a strong positive return over the same period, but trailed the S&P 500, largely attributable to its allocations to information technology and small caps.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(09/12/2018) |
Innovator IBD® Breakout Opportunities ETF NAV | 27.45 | 14.06 | 6.88 |
S&P 500 TR | 38.02 | 15.27 | 13.62 |
IBD® Breakout Stocks Total Return Index | 29.04 | 15.59 | 8.26 |
Visit https://www.innovatoretfs.com/etf/?ticker=BOUT for more recent performance information.
| Innovator IBD® Breakout Opportunities ETF | PAGE 1 | TSR-AR-45782C763 |
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $12,791,130 |
Number of Holdings | 42 |
Net Advisory Fee | $103,612 |
Portfolio Turnover | 1,448% |
30-Day SEC Yield | 0.07% |
30-Day SEC Yield Unsubsidized | 0.07% |
Visit https://www.innovatoretfs.com/etf/?ticker=BOUT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Sectors | (%) |
Technology | 28.6% |
Financial | 21.0% |
Communications | 19.2% |
Consumer, Non-cyclical | 11.6% |
Consumer, Cyclical | 9.4% |
Industrial | 5.3% |
Management of Companies and Enterprises | 4.4% |
Basic Materials | 0.5% |
Cash & Other | 0.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BOUT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator IBD® Breakout Opportunities ETF | PAGE 2 | TSR-AR-45782C763 |
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| | |
| Innovator Laddered Allocation Buffer ETF™ | |
BUFB (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Laddered Allocation Buffer ETF™ for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BUFB. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Laddered Allocation Buffer ETF | $11 | 0.10% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide investors with returns of the MerQube U.S. Large Cap Equity Buffer Laddered Index. The Index is comprised of the shares of twelve Innovator U.S. Equity Buffer ETFs (Underlying ETFs), the investment in which seeks to provide investors with U.S. large-cap equity market exposure while attempting to limit downside risk through a laddered portfolio of the Underlying ETFs. Under normal market conditions, the Fund will invest substantially all of its assets in the Underlying ETFs, which seek to provide investors with returns that match the price return of the SPDR® S&P 500® ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of its respective Outcome Period. Unlike the Underlying ETFs, the Fund itself does not pursue a defined outcome strategy. The Buffer is only provided by the Underlying ETFs and the Fund itself does not provide any stated Buffer against losses.
The S&P 500 Index delivered strong performance during the 12 months ended October 31, 2024. Gains were largely driven by tech and the market interest in AI, coupled with the expectation of a possible soft landing. Market breadth widened in the latter half of the time period, but remained fairly narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Laddered Allocation Buffer ETF™ | PAGE 1 | TSR-AR-45783Y756 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(02/08/2022) |
Innovator Laddered Allocation Buffer ETF NAV | 26.25 | 9.12 |
S&P 500 TR | 38.02 | 10.64 |
MerQube US Large Cap Equity Buffer Laddered Index | 26.35 | 9.22 |
Visit https://www.innovatoretfs.com/etf/?ticker=BUFB for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $164,197,316 |
Number of Holdings | 13 |
Net Advisory Fee | $111,599 |
Portfolio Turnover | 2% |
30-Day SEC Yield | -0.06% |
30-Day SEC Yield Unsubsidized | -0.06% |
Visit https://www.innovatoretfs.com/etf/?ticker=BUFB for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Innovator U.S. Equity Buffer ETF - November | 8.4% |
Innovator U.S. Equity Buffer ETF -December | 8.4% |
Innovator U.S. Equity Buffer ETF - January | 8.4% |
Innovator U.S. Equity Buffer ETF - February | 8.4% |
Innovator U.S. Equity Buffer ETF - May | 8.3% |
Innovator U.S. Equity Buffer ETF - June | 8.3% |
Innovator U.S. Equity Buffer ETF - March | 8.3% |
Innovator U.S. Equity Buffer ETF - August | 8.3% |
Innovator U.S. Equity Buffer ETF April | 8.3% |
Innovator U.S. Equity Buffer ETF - September | 8.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BUFB.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Laddered Allocation Buffer ETF™ | PAGE 2 | TSR-AR-45783Y756 |
92281004812686866595441317292341006512717
| | |
| Innovator Laddered Allocation Power Buffer ETF™ | |
BUFF (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Laddered Allocation Power Buffer ETF™ for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BUFF. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Laddered Allocation Power Buffer ETF | $11 | 0.10% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide investors with returns of the FTSE Laddered Power Buffer Strategy Index (Index). The Index is comprised of the shares of twelve Innovator U.S. Equity Power Buffer ETFs (Underlying ETFs), the investment in which seeks to provide investors with U.S. large-cap equity market exposure while attempting to limit downside risk through a laddered portfolio of the Underlying ETFs. Under normal market conditions, the Fund will invest substantially all of its assets in the Underlying ETFs, which seek to provide investors with returns that match the price return of the SPDR® S&P 500® ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of its respective Outcome Period. Unlike the Underlying ETFs, the Fund itself does not pursue a defined outcome strategy. The Buffer is only provided by the Underlying ETFs and the Fund itself does not provide any stated Buffer against losses.
The S&P 500 Index delivered strong performance during the 12 months ended October 31, 2024. Gains were largely driven by tech and the market interest in AI, coupled with the expectation of a possible soft landing. Market breadth widened in the latter half of the time period, but remained fairly narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Laddered Allocation Power Buffer ETF™ | PAGE 1 | TSR-AR-45783Y814 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(10/19/2016) |
Innovator Laddered Allocation Power Buffer ETF NAV | 19.33 | 4.27 | 8.12 |
S&P 500 TR | 38.02 | 15.27 | 14.95 |
FTSE Laddered Power Buffer Strategy Price Return Index | 19.42 | | 8.29** |
Visit https://www.innovatoretfs.com/etf/?ticker=BUFF for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
| ** | Since Inception return is cumulative and from the date the Fund began tracking the FTSE Laddered Power Buffer Strategy Price Return Index. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $482,497,192 |
Number of Holdings | 13 |
Net Advisory Fee | $410,602 |
Portfolio Turnover | 1% |
30-Day SEC Yield | -0.05% |
30-Day SEC Yield Unsubsidized | -0.05% |
Visit https://www.innovatoretfs.com/etf/?ticker=BUFF for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Innovator U.S. Equity Power Buffer ETF - December | 8.4% |
Innovator U.S. Equity Power Buffer ETF - November | 8.4% |
Innovator U.S. Equity Power Buffer ETF - January | 8.4% |
Innovator U.S. Equity Power Buffer ETF - February | 8.3% |
Innovator U.S. Equity Power Buffer ETF - May | 8.3% |
Innovator U.S. Equity Power Buffer ETF - March | 8.3% |
Innovator U.S. Equity Power Buffer ETF - June | 8.3% |
Innovator U.S. Equity Power Buffer ETF - April | 8.3% |
Innovator U.S. Equity Power Buffer ETF - September | 8.3% |
Innovator U.S. Equity Power Buffer ETF - August | 8.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BUFF.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Laddered Allocation Power Buffer ETF™ | PAGE 2 | TSR-AR-45783Y814 |
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| | |
| Innovator Nasdaq-100 Managed Floor ETF® | |
QFLR (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Nasdaq-100 Managed Floor ETF® for the period of January 24, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=QFLR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Nasdaq-100 Managed Floor ETF | $72 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
Since its inception on January 24, 2024, through October 31, 2024, QFLR generated a total return of 10.11%. Over the same period, the Nasdaq-100 Total Return Index returned 14.38%. The options overlay portion of the portfolio is comprised of two components: short-dated call selling (“Calls”) and long-dated put buying (“Puts”). The calls contributed a loss of 2.13%, while the puts contributed a loss of 2.37%.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(01/24/2024) |
Innovator Nasdaq-100 Managed Floor ETF NAV | 10.11 |
NASDAQ 100 Total Return Index | 14.38 |
NASDAQ 100 Index | 13.66 |
Visit https://www.innovatoretfs.com/etf/?ticker=QFLR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
| Innovator Nasdaq-100 Managed Floor ETF® | PAGE 1 | TSR-AR-45783Y681 |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $207,760,873 |
Number of Holdings | 50 |
Net Advisory Fee | $816,897 |
Portfolio Turnover | 20% |
30-Day SEC Yield | -0.08% |
30-Day SEC Yield Unsubsidized | -0.08% |
Visit https://www.innovatoretfs.com/etf/?ticker=QFLR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Sectors | (%) |
Technology | 47.7% |
Communications | 23.6% |
Consumer, Cyclical | 11.9% |
Consumer, Non-cyclical | 10.9% |
Finance and Insurance | 1.9% |
Utilities | 1.5% |
Energy | 0.8% |
Cash & Other | 1.7% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=QFLR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Nasdaq-100 Managed Floor ETF® | PAGE 2 | TSR-AR-45783Y681 |
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| | |
| Innovator Power Buffer Step-Up Strategy ETF® | |
PSTP (Principal U.S. Listing Exchange: NYSE ArcaNYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Power Buffer Step-Up Strategy ETF® for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PSTP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Power Buffer Step-Up Strategy ETF | $97 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund is actively managed and seeks to provide risk-managed exposure to the SPDR S&P 500 ETF Trust (SPY). The Fund seeks to provide an alternative to managing and evaluating a series of buffer strategies, seeking to provide the upside of the SPY while mitigating downside losses with 9% or 15% built-in buffers.
Through the Options Portfolio, the Fund will seek to participate in the price return of the SPY, subject to investment gains up to a limit, and provide protection against SPY losses up to a limit.
The Sub-Adviser will actively monitor the performance of the Options Portfolio and, if certain criteria are met, rebalance or “step-up” the portfolio to protect capital or capture portfolio gains experienced by the Fund, depending on its evaluation of market conditions.
During the 12 months ended October 31, 2024, gains were largely driven by tech and the market interest in AI, coupled with the expectation of a possible soft landing. Market breadth widened in the latter half of the time period, but remained fairly narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Power Buffer Step-Up Strategy ETF® | PAGE 1 | TSR-AR-45783Y723 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/07/2022) |
Innovator Power Buffer Step-Up Strategy ETF NAV | 19.06 | 7.87 |
S&P 500 TR | 38.02 | 14.00 |
S&P 500 | 36.04 | 12.23 |
Visit https://www.innovatoretfs.com/etf/?ticker=PSTP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $96,492,107 |
Number of Holdings | 4 |
Net Advisory Fee | $761,515 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.87% |
30-Day SEC Yield Unsubsidized | -0.87% |
Visit https://www.innovatoretfs.com/etf/?ticker=PSTP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.67 | 98.8% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.73 | 5.2% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $640.14 | -1.9% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $487.68 | -2.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PSTP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Power Buffer Step-Up Strategy ETF® | PAGE 2 | TSR-AR-45783Y723 |
95921026712224931210257141569217998313581
| | |
| Innovator S&P Investment Grade Preferred ETF | |
EPRF (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator S&P Investment Grade Preferred ETF for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=EPRF. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator S&P Investment Grade Preferred ETF | $52 | 0.47% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
EPRF is the only 100% investment grade preferred ETF available. Investment grade preferred stocks tend to have more duration than benchmark preferred stocks because their higher credit quality typically means they are structured as perpetual cash flows (no maturity).
During the 12 months ended October 31, 2024, longer-term rates declined and pushed preferred stock prices higher. Preferred stocks were one of the best performing fixed income asset classes, outperforming Treasuries, investment grade, and high yield corporates.
Over the time period listed above, EPRF performed mostly in line with preferred stock benchmarks. The risk-on environment did not materially impact EPRF, with its higher credit quality. Even after its recent price rally, the asset class continues to provide attractive yields.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator S&P Investment Grade Preferred ETF | PAGE 1 | TSR-AR-45783Y822 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(05/23/2016) |
Innovator S&P Investment Grade Preferred ETF NAV | 22.36 | 0.88 | 2.23 |
S&P 500 TR | 38.02 | 15.27 | 14.92 |
S&P U.S. Aggregate Bond Index | 10.15 | 0.13 | 1.35 |
S&P U.S. High Quality Preferred Stock Index TR | 22.74 | 1.22 | 2.68 |
Visit https://www.innovatoretfs.com/etf/?ticker=EPRF for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $107,157,089 |
Number of Holdings | 73 |
Net Advisory Fee | $508,747 |
Portfolio Turnover | 33% |
Average Credit Quality | AAA |
Effective Duration | 2 yrs |
Visit https://www.innovatoretfs.com/etf/?ticker=EPRF for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Mount Vernon Liquid Assets Portfolio, LLC | 9.1% |
Enstar Group Ltd. | 5.0% |
Apollo Global Management, Inc. | 4.8% |
Voya Financial, Inc. | 4.7% |
Hartford Financial Services Group, Inc. | 4.6% |
State Street Corp. | 4.6% |
Axis Capital Holdings Ltd. | 4.5% |
Northern Trust Corp. | 4.4% |
Agree Realty Corp. | 4.3% |
Cullen/Frost Bankers, Inc. | 4.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=EPRF.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator S&P Investment Grade Preferred ETF | PAGE 2 | TSR-AR-45783Y822 |
1005910346102281153212113128369978984612048104711294613897158881743124911212712342832335101431023810053111271179311772100631016711199100931045210389117631240513201102871018312498
| | |
| Innovator U.S. Small Cap Managed Floor ETF® | |
RFLR (Principal U.S. Listing Exchange: NYSE ArcaNYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Managed Floor ETF® for the period of September 16, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=RFLR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Managed Floor ETF | $11 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
Since its inception on September 16, 2024, through October 31, 2024, RFLR generated a total return of 1.92%. Over the same period, the Russell 2000 returned 0.34%. The options overlay portion of the portfolio is comprised of two components: short-dated call selling (“Calls”) and long-dated put buying (“Puts”). The calls contributed a gain of 1.58%, while the puts contributed a loss of 0.29%.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(09/16/2024) |
Innovator U.S. Small Cap Managed Floor ETF NAV | 1.92 |
Russell 2000 Total Return Index | 0.46 |
Russell 2000 | 0.34 |
Solactive United States 2000 Index TR | 0.70 |
Visit https://www.innovatoretfs.com/etf/?ticker=RFLR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
| Innovator U.S. Small Cap Managed Floor ETF® | PAGE 1 | TSR-AR-45784N502 |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $3,821,912 |
Number of Holdings | 1,227 |
Net Advisory Fee | $3,410 |
Portfolio Turnover | 24% |
30-Day SEC Yield | 0.61% |
30-Day SEC Yield Unsubsidized | 0.61% |
Visit https://www.innovatoretfs.com/etf/?ticker=RFLR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Sectors | (%) |
Financial | 25.0% |
Consumer, Non-cyclical | 21.4% |
Industrial | 12.9% |
Consumer, Cyclical | 12.9% |
Technology | 9.6% |
Energy | 4.0% |
Communications | 3.7% |
Basic Materials | 3.4% |
Finance and Insurance | 2.3% |
Cash & Other | 4.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=RFLR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap Managed Floor ETF® | PAGE 2 | TSR-AR-45784N502 |
10192100461003410070
| | |
| Innovator Uncapped Accelerated U.S. Equity ETF™ | |
XUSP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Uncapped Accelerated U.S. Equity ETF™ for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XUSP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Uncapped Accelerated U.S. Equity ETF | $99 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund is actively managed and seeks to provide investors with the potential for rates of return that outperform the price return of the SPDR® S&P 500® ETF Trust (SPY) after achieving performance thresholds.
In markets where the S&P 500 Index is down, the Fund is designed to match the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund has potential to outperform the S&P 500 Index during periods where SPY achieves sustained positive performance.
The S&P 500 Index delivered strong performance during the 12 months ended October 31, 2024. Gains were largely driven by tech and the market interest in AI, coupled with the expectation of a possible soft landing. Market breadth widened in the latter half of the time period, but remained fairly narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(08/10/2022) |
Innovator Uncapped Accelerated U.S. Equity ETF NAV | 50.11 | 18.15 |
S&P 500 TR | 38.02 | 16.45 |
S&P 500 | 36.04 | 14.64 |
Visit https://www.innovatoretfs.com/etf/?ticker=XUSP for more recent performance information.
| Innovator Uncapped Accelerated U.S. Equity ETF™ | PAGE 1 | TSR-AR-45783Y699 |
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $34,085,234 |
Number of Holdings | 12 |
Net Advisory Fee | $188,427 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.78% |
30-Day SEC Yield Unsubsidized | -0.78% |
Visit https://www.innovatoretfs.com/etf/?ticker=XUSP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.79 | 25.8% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.25 | 24.7% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.80 | 23.8% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.49 | 23.4% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $499.08 | 5.6% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $549.22 | 3.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $571.43 | 2.6% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $602.45 | 2.1% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.78 | -2.0% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.24 | -2.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XUSP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Uncapped Accelerated U.S. Equity ETF™ | PAGE 2 | TSR-AR-45783Y699 |
9121965414492923210168140349197996113551
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| Innovator 20+ Year Treasury Bond 5 Floor ETF® - Quarterly | |
TFJL (Principal U.S. Listing Exchange: Cboe BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator 20+ Year Treasury Bond 5 Floor ETF® - Quarterly for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=TFJL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly | $82 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares 20+ Year U.S. Treasury ETF (TLT) up to a stated upside Cap, while limiting downside losses to TLT by the amount of its stated Floor over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the I.C.E US Treasury 20+ Year Index is down, the risk mitigation attributes of the stated Floor provide an opportunity for the Fund to soften market losses during the reporting period and outperform the I.C.E US Treasury 20+ Year Index. Alternatively, in markets where the I.C.E US Treasury 20+ Year Index is appreciating, the risk mitigation attributes of the Floor may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Floor will also cause the Fund to experience different returns than TLT.
The year ended October 31, 2024, was mixed for 20+ Year Treasuries, reflecting shifts in the rate environment and evolving market expectations. Performance for the period finished moderately positive, with a rally in longer-duration bonds in Q3 2024 driven by signs of easing inflation and softer economic data. However, renewed strength in the economy later in the period, coupled with persistent uncertainty over Federal Reserve policy, led to rising long-term yields, tempering gains and introducing volatility.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator 20+ Year Treasury Bond 5 Floor ETF® - Quarterly | PAGE 1 | TSR-AR-45782C243 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(08/17/2020) |
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly NAV | 8.79 | -4.72 |
S&P U.S. Aggregate Bond Index | 10.15 | -1.36 |
ICE US Treasury 20+ Year Index Excluding Transaction Costs | 15.22 | -10.39 |
Visit https://www.innovatoretfs.com/etf/?ticker=TFJL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $76,624,113 |
Number of Holdings | 3 |
Net Advisory Fee | $390,417 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.78% |
30-Day SEC Yield Unsubsidized | -0.78% |
Visit https://www.innovatoretfs.com/etf/?ticker=TFJL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares 20+ Year Treasury Bond ETF, Expiration: 12/31/2024; Exercise Price: $0.25 | 96.8% |
iShares 20+ Year Treasury Bond ETF, Expiration: 12/31/2024; Exercise Price: $93.19 | 3.3% |
iShares 20+ Year Treasury Bond ETF, Expiration: 12/31/2024; Exercise Price: $107.90 | -0.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=TFJL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator 20+ Year Treasury Bond 5 Floor ETF® - Quarterly | PAGE 2 | TSR-AR-45782C243 |
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| | |
| Innovator 20+ Year Treasury Bond 9 Buffer ETF™ - July | |
TBJL (Principal U.S. Listing Exchange: Cboe BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator 20+ Year Treasury Bond 9 Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=TBJL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator 20+ Year Treasury Bond 9 Buffer ETF - July | $84 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares 20+ Year U.S. Treasury ETF (TLT) up to a stated upside Cap, while limiting downside losses to TLT by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the I.C.E US Treasury 20+ Year Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the I.C.E US Treasury 20+ Year Index. Alternatively, in markets where the I.C.E US Treasury 20+ Year Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than TLT.
The year ended October 31, 2024, was mixed for 20+ Year Treasuries, reflecting shifts in the rate environment and evolving market expectations. Performance for the period finished moderately positive, with a rally in longer-duration bonds in Q3 2024 driven by signs of easing inflation and softer economic data. However, renewed strength in the economy later in the period, coupled with persistent uncertainty over Federal Reserve policy, led to rising long-term yields, tempering gains and introducing volatility.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator 20+ Year Treasury Bond 9 Buffer ETF™- July | PAGE 1 | TSR-AR-45782C235 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(08/17/2020) |
Innovator 20+ Year Treasury Bond 9 Buffer ETF - July NAV | 13.28 | -4.86 |
S&P U.S. Aggregate Bond Index | 10.15 | -1.36 |
ICE US Treasury 20+ Year Index Excluding Transaction Costs | 15.22 | -10.39 |
Visit https://www.innovatoretfs.com/etf/?ticker=TBJL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $15,124,566 |
Number of Holdings | 4 |
Net Advisory Fee | $465,741 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=TBJL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares 20+ Year Treasury Bond ETF, Expiration: 06/30/2025; Exercise Price: $0.92 | 97.6% |
iShares 20+ Year Treasury Bond ETF, Expiration: 06/30/2025; Exercise Price: $92.12 | 4.8% |
iShares 20+ Year Treasury Bond ETF, Expiration: 06/30/2025; Exercise Price: $114.64 | -0.7% |
iShares 20+ Year Treasury Bond ETF, Expiration: 06/30/2025; Exercise Price: $83.83 | -1.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=TBJL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator 20+ Year Treasury Bond 9 Buffer ETF™- July | PAGE 2 | TSR-AR-45782C235 |
978198357507715881099942992484838571944196879155607454706303
| | |
| Innovator Defined Wealth Shield ETF | |
BALT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Defined Wealth Shield ETF for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BALT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Defined Wealth Shield ETF | $73 | 0.69% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Defined Wealth Shield ETF | PAGE 1 | TSR-AR-45783Y855 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2021) |
Innovator Defined Wealth Shield ETF NAV | 11.01 | 5.63 |
S&P 500 TR | 38.02 | 10.54 |
S&P 500 | 36.04 | 8.86 |
Visit https://www.innovatoretfs.com/etf/?ticker=BALT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $900,617,623 |
Number of Holdings | 4 |
Net Advisory Fee | $4,530,105 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.67% |
30-Day SEC Yield Unsubsidized | -0.67% |
Visit https://www.innovatoretfs.com/etf/?ticker=BALT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $1.43 | 98.6% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $573.76 | 2.8% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $459.01 | -0.3% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $588.79 | -1.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BALT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Defined Wealth Shield ETF | PAGE 2 | TSR-AR-45783Y855 |
100651018710815120061076391901012213971107169010975913276
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| Innovator Emerging Markets 10 Buffer ETF™ - Quarterly | |
EBUF (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Emerging Markets 10 Buffer ETF™ - Quarterly for the period of June 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=EBUF. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Emerging Markets 10 Buffer ETF - Quarterly | $30 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI Emerging Markets ETF (EEM) up to a stated upside Cap, while limiting downside losses to EEM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI Emerging Markets Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI Emerging Markets Index. Alternatively, in markets where the MSCI Emerging Markets Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EEM.
Supported by improving economic fundamentals across key regions, the MSCI Emerging Markets Index saw moderate growth for the year ended October 31, 2024, Technology stocks continued to perform well, contributing positively to returns, while real estate exposure in emerging markets remained a drag on overall performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Emerging Markets 10 Buffer ETF™- Quarterly | PAGE 1 | TSR-AR-45783Y210 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator Emerging Markets 10 Buffer ETF - Quarterly NAV | 2.25 |
MSCI EM (EMERGING MARKETS) Net (USD) | 3.89 |
MSCI EM (EMERGING MARKETS) Price (USD) | 3.06 |
Visit https://www.innovatoretfs.com/etf/?ticker=EBUF for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $10,217,375 |
Number of Holdings | 4 |
Net Advisory Fee | $12,936 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.85% |
30-Day SEC Yield Unsubsidized | -0.85% |
Visit https://www.innovatoretfs.com/etf/?ticker=EBUF for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $0.11 | 96.6% |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $45.86 | 5.3% |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $48.09 | -0.6% |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $41.27 | -1.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=EBUF.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Emerging Markets 10 Buffer ETF™- Quarterly | PAGE 2 | TSR-AR-45783Y210 |
102251038910306
| | |
| Innovator Emerging Markets Power Buffer ETF™ - April | |
EAPR (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Emerging Markets Power Buffer ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=EAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Emerging Markets Power Buffer ETF - April | $95 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI Emerging Markets ETF (EEM) up to a stated upside Cap, while limiting downside losses to EEM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI Emerging Markets Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI Emerging Markets Index. Alternatively, in markets where the MSCI Emerging Markets Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EEM.
Supported by improving economic fundamentals across key regions, the MSCI Emerging Markets Index saw moderate growth for the year ended October 31, 2024, Technology stocks continued to perform well, contributing positively to returns, while real estate exposure in emerging markets remained a drag on overall performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Emerging Markets Power Buffer ETF™- April | PAGE 1 | TSR-AR-45782C359 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2021) |
Innovator Emerging Markets Power Buffer ETF - April NAV | 12.56 | 1.79 |
MSCI EM (EMERGING MARKETS) Net (USD) | 25.32 | -1.89 |
MSCI EM (EMERGING MARKETS) Price (USD) | 22.33 | -4.42 |
Visit https://www.innovatoretfs.com/etf/?ticker=EAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $66,496,734 |
Number of Holdings | 4 |
Net Advisory Fee | $641,419 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.88% |
30-Day SEC Yield Unsubsidized | -0.88% |
Visit https://www.innovatoretfs.com/etf/?ticker=EAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI Emerging Markets ETF, Expiration: 03/31/2025; Exercise Price: $0.41 | 100.3% |
iShares MSCI Emerging Markets ETF, Expiration: 03/31/2025; Exercise Price: $41.08 | 2.3% |
iShares MSCI Emerging Markets ETF, Expiration: 03/31/2025; Exercise Price: $34.92 | -0.7% |
iShares MSCI Emerging Markets ETF, Expiration: 03/31/2025; Exercise Price: $47.91 | -2.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=EAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Emerging Markets Power Buffer ETF™- April | PAGE 2 | TSR-AR-45782C359 |
9916861994671065797506725745193379607644369528504
| | |
| Innovator Emerging Markets Power Buffer ETF™ - January | |
EJAN (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Emerging Markets Power Buffer ETF™ - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=EJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Emerging Markets Power Buffer ETF - January | $96 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI Emerging Markets ETF (EEM) up to a stated upside Cap, while limiting downside losses to EEM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI Emerging Markets Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI Emerging Markets Index. Alternatively, in markets where the MSCI Emerging Markets Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EEM.
Supported by improving economic fundamentals across key regions, the MSCI Emerging Markets Index saw moderate growth for the year ended October 31, 2024, Technology stocks continued to perform well, contributing positively to returns, while real estate exposure in emerging markets remained a drag on overall performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Emerging Markets Power Buffer ETF™- January | PAGE 1 | TSR-AR-45782C516 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(12/31/2019) |
Innovator Emerging Markets Power Buffer ETF - January NAV | 14.74 | 2.97 |
MSCI EM (EMERGING MARKETS) Net (USD) | 25.32 | 2.56 |
MSCI EM (EMERGING MARKETS) Price (USD) | 22.33 | 0.09 |
Visit https://www.innovatoretfs.com/etf/?ticker=EJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $128,147,617 |
Number of Holdings | 4 |
Net Advisory Fee | $1,655,179 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.88% |
30-Day SEC Yield Unsubsidized | -0.88% |
Visit https://www.innovatoretfs.com/etf/?ticker=EJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $0.40 | 100.3% |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $40.21 | 1.0% |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $34.18 | -0.2% |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $46.88 | -1.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=EJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Emerging Markets Power Buffer ETF™- January | PAGE 2 | TSR-AR-45782C516 |
101711117591711004211522100871179881389017112999900113477609821110044
| | |
| Innovator Emerging Markets Power Buffer ETF™ - July | |
EJUL (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Emerging Markets Power Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=EJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Emerging Markets Power Buffer ETF - July | $95 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI Emerging Markets ETF (EEM) up to a stated upside Cap, while limiting downside losses to EEM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI Emerging Markets Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI Emerging Markets Index. Alternatively, in markets where the MSCI Emerging Markets Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EEM.
Supported by improving economic fundamentals across key regions, the MSCI Emerging Markets Index saw moderate growth for the year ended October 31, 2024, Technology stocks continued to perform well, contributing positively to returns, while real estate exposure in emerging markets remained a drag on overall performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Emerging Markets Power Buffer ETF™- July | PAGE 1 | TSR-AR-45782C714 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(06/28/2019) |
Innovator Emerging Markets Power Buffer ETF - July NAV | 14.00 | 0.08 | 0.05 |
MSCI EM (EMERGING MARKETS) Net (USD) | 25.32 | 3.93 | 3.63 |
MSCI EM (EMERGING MARKETS) Price (USD) | 22.33 | 1.45 | 1.12 |
Visit https://www.innovatoretfs.com/etf/?ticker=EJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $86,896,222 |
Number of Holdings | 4 |
Net Advisory Fee | $844,615 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.88% |
30-Day SEC Yield Unsubsidized | -0.88% |
Visit https://www.innovatoretfs.com/etf/?ticker=EJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI Emerging Markets ETF, Expiration: 06/30/2025; Exercise Price: $0.43 | 99.5% |
iShares MSCI Emerging Markets ETF, Expiration: 06/30/2025; Exercise Price: $42.59 | 4.1% |
iShares MSCI Emerging Markets ETF, Expiration: 06/30/2025; Exercise Price: $36.20 | -1.4% |
iShares MSCI Emerging Markets ETF, Expiration: 06/30/2025; Exercise Price: $49.15 | -2.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=EJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Emerging Markets Power Buffer ETF™- July | PAGE 2 | TSR-AR-45782C714 |
998910192102628449879710028997910803126358715965612100987810461119908041867610613
| | |
| Innovator Emerging Markets Power Buffer ETF™ - October | |
EOCT (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Emerging Markets Power Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=EOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Emerging Markets Power Buffer ETF - October | $98 | 0.89% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI Emerging Markets ETF (EEM) up to a stated upside Cap, while limiting downside losses to EEM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI Emerging Markets Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI Emerging Markets Index. Alternatively, in markets where the MSCI Emerging Markets Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EEM.
Supported by improving economic fundamentals across key regions, the MSCI Emerging Markets Index saw moderate growth for the year ended October 31, 2024, Technology stocks continued to perform well, contributing positively to returns, while real estate exposure in emerging markets remained a drag on overall performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Emerging Markets Power Buffer ETF™- October | PAGE 1 | TSR-AR-45782C623 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/30/2021) |
Innovator Emerging Markets Power Buffer ETF - October NAV | 19.58 | 1.66 |
MSCI EM (EMERGING MARKETS) Net (USD) | 25.32 | -1.08 |
MSCI EM (EMERGING MARKETS) Price (USD) | 22.33 | -3.59 |
Visit https://www.innovatoretfs.com/etf/?ticker=EOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $53,242,201 |
Number of Holdings | 4 |
Net Advisory Fee | $364,742 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.87% |
30-Day SEC Yield Unsubsidized | -0.87% |
Visit https://www.innovatoretfs.com/etf/?ticker=EOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI Emerging Markets ETF, Expiration: 09/30/2025; Exercise Price: $0.46 | 96.9% |
iShares MSCI Emerging Markets ETF, Expiration: 09/30/2025; Exercise Price: $45.86 | 7.5% |
iShares MSCI Emerging Markets ETF, Expiration: 09/30/2025; Exercise Price: $53.10 | -1.6% |
iShares MSCI Emerging Markets ETF, Expiration: 09/30/2025; Exercise Price: $38.98 | -3.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=EOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Emerging Markets Power Buffer ETF™- October | PAGE 2 | TSR-AR-45782C623 |
1009882048798105211009969657718967110093676973038934
| | |
| Innovator Equity Defined Protection ETF™ - 1 Yr August | |
ZAUG (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 1 Yr August for the period of July 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=ZAUG. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 1 Yr August | $20 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 1 Yr August | PAGE 1 | TSR-AR-45783Y111 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(07/31/2024) |
Innovator Equity Defined Protection ETF - 1 Yr August NAV | 2.27 |
S&P 500 TR | 3.66 |
S&P 500 | 3.32 |
Visit https://www.innovatoretfs.com/etf/?ticker=ZAUG for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $81,158,644 |
Number of Holdings | 3 |
Net Advisory Fee | $138,912 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=ZAUG for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $5.54 | 100.1% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $550.84 | 3.7% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $599.39 | -4.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=ZAUG.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 1 Yr August | PAGE 2 | TSR-AR-45783Y111 |
102271036610332
| | |
| Innovator Equity Defined Protection ETF™ - 1 Yr July | |
ZJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 1 Yr July for the period of June 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=ZJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 1 Yr July | $27 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 1 Yr July | PAGE 1 | TSR-AR-45783Y251 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator Equity Defined Protection ETF - 1 Yr July NAV | 3.10 |
S&P 500 TR | 4.93 |
S&P 500 | 4.49 |
Visit https://www.innovatoretfs.com/etf/?ticker=ZJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $115,567,100 |
Number of Holdings | 3 |
Net Advisory Fee | $290,403 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=ZJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.51 | 100.5% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.25 | 3.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $595.92 | -3.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=ZJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 1 Yr July | PAGE 2 | TSR-AR-45783Y251 |
103101049310449
| | |
| Innovator Equity Defined Protection ETF™ - 1 Yr November | |
ZNOV (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 1 Yr November for the period of October 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=ZNOV. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 1 Yr November | $0 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $1,241,961 |
Number of Holdings | 3 |
Net Advisory Fee | $0 |
Portfolio Turnover | 0% |
Visit https://www.innovatoretfs.com/etf/?ticker=ZNOV for more recent performance information.
| Innovator Equity Defined Protection ETF™- 1 Yr November | PAGE 1 | TSR-AR-45784N809 |
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF Trust, Expiration: 10/31/2025; Exercise Price: $5.72 | 99.0% |
SPDR S&P 500 ETF Trust, Expiration: 10/31/2025; Exercise Price: $568.67 | 5.1% |
SPDR S&P 500 ETF Trust, Expiration: 10/31/2025; Exercise Price: $611.29 | -4.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=ZNOV.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 1 Yr November | PAGE 2 | TSR-AR-45784N809 |
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| Innovator Equity Defined Protection ETF™ - 1 Yr October | |
ZOCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 1 Yr October for the period of September 30, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=ZOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 1 Yr October | $7 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 1 Yr October | PAGE 1 | TSR-AR-45784N700 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(09/30/2024) |
Innovator Equity Defined Protection ETF - 1 Yr October NAV | -0.20 |
S&P 500 TR | -0.91 |
S&P 500 | -0.99 |
Visit https://www.innovatoretfs.com/etf/?ticker=ZOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $69,401,421 |
Number of Holdings | 3 |
Net Advisory Fee | $32,995 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.72% |
30-Day SEC Yield Unsubsidized | -0.72% |
Visit https://www.innovatoretfs.com/etf/?ticker=ZOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.81 | 98.2% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.79 | 5.2% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $612.66 | -3.7% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=ZOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 1 Yr October | PAGE 2 | TSR-AR-45784N700 |
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| Innovator Equity Defined Protection ETF™ - 1 Yr September | |
ZSEP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 1 Yr September for the period of August 30, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=ZSEP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 1 Yr September | $13 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 1 Yr September | PAGE 1 | TSR-AR-45784N106 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(08/30/2024) |
Innovator Equity Defined Protection ETF - 1 Yr September NAV | 0.86 |
S&P 500 TR | 1.21 |
S&P 500 | 1.01 |
Visit https://www.innovatoretfs.com/etf/?ticker=ZSEP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $109,824,133 |
Number of Holdings | 3 |
Net Advisory Fee | $119,538 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=ZSEP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $5.67 | 99.4% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $563.71 | 4.4% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $606.18 | -4.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=ZSEP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 1 Yr September | PAGE 2 | TSR-AR-45784N106 |
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| Innovator Equity Defined Protection ETF™ - 2 Yr to April 2026 | |
AAPR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 2 Yr to April 2026 for the period of March 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=AAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 2 Yr to April 2026 | $47 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 2 Yr to April 2026 | PAGE 1 | TSR-AR-45783Y335 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(03/28/2024) |
Innovator Equity Defined Protection ETF - 2 Yr to April 2026 NAV | 5.51 |
S&P 500 TR | 9.42 |
S&P 500 | 8.59 |
Visit https://www.innovatoretfs.com/etf/?ticker=AAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $71,723,454 |
Number of Holdings | 3 |
Net Advisory Fee | $295,632 |
Portfolio Turnover | 14% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=AAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 03/31/2026; Exercise Price: $9.42 | 101.5% |
SPDR S&P 500 ETF, Expiration: 03/31/2026; Exercise Price: $523.07 | 4.1% |
SPDR S&P 500 ETF, Expiration: 03/31/2026; Exercise Price: $617.22 | -6.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=AAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 2 Yr to April 2026 | PAGE 2 | TSR-AR-45783Y335 |
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| Innovator Equity Defined Protection ETF™ - 2 Yr to January 2026 | |
AJAN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 2 Yr to January 2026 for the period of December 29, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=AJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 2 Yr to January 2026 | $68 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 2 Yr to January 2026 | PAGE 1 | TSR-AR-45783Y418 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(12/29/2023) |
Innovator Equity Defined Protection ETF - 2 Yr to January 2026 NAV | 6.80 |
S&P 500 TR | 20.97 |
S&P 500 | 19.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=AJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $59,762,454 |
Number of Holdings | 3 |
Net Advisory Fee | $435,510 |
Portfolio Turnover | 10% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=AJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2025; Exercise Price: $8.56 | 110.5% |
SPDR S&P 500 ETF, Expiration: 12/31/2025; Exercise Price: $475.31 | 2.6% |
SPDR S&P 500 ETF, Expiration: 12/31/2025; Exercise Price: $550.46 | -13.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=AJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 2 Yr to January 2026 | PAGE 2 | TSR-AR-45783Y418 |
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| Innovator Equity Defined Protection ETF™ - 2 Yr to July 2025 | |
TJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 2 Yr to July 2025 for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=TJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 2 Yr to July 2025 | $84 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 2 Yr to July 2025 | PAGE 1 | TSR-AR-45783Y541 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(07/17/2023) |
Innovator Equity Defined Protection ETF - 2 Yr to July 2025 NAV | 13.19 | 8.05 |
S&P 500 TR | 38.02 | 21.47 |
S&P 500 | 36.04 | 19.72 |
Visit https://www.innovatoretfs.com/etf/?ticker=TJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $213,593,236 |
Number of Holdings | 3 |
Net Advisory Fee | $1,791,805 |
Portfolio Turnover | 4% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=TJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $8.12 | 112.6% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $450.84 | 1.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $525.81 | -14.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=TJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 2 Yr to July 2025 | PAGE 2 | TSR-AR-45783Y541 |
976311051931212852927312615
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| Innovator Equity Defined Protection ETF™ - 2 Yr to July 2026 | |
AJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 2 Yr to July 2026 for the period of June 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=AJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 2 Yr to July 2026 | $27 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 2 Yr to July 2026 | PAGE 1 | TSR-AR-45783Y236 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator Equity Defined Protection ETF - 2 Yr to July 2026 NAV | 3.72 |
S&P 500 TR | 4.93 |
S&P 500 | 4.49 |
Visit https://www.innovatoretfs.com/etf/?ticker=AJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $69,349,619 |
Number of Holdings | 3 |
Net Advisory Fee | $152,283 |
Portfolio Turnover | 47% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=AJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2026; Exercise Price: $9.80 | 99.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2026; Exercise Price: $544.22 | 5.3% |
SPDR S&P 500 ETF, Expiration: 06/30/2026; Exercise Price: $643.27 | -4.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=AJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 2 Yr to July 2026 | PAGE 2 | TSR-AR-45783Y236 |
103721049310449
| | |
| Innovator Equity Defined Protection ETF™ - 2 Yr to October 2026 | |
AOCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 2 Yr to October 2026 for the period of September 30, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=AOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 2 Yr to October 2026 | $7 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 2 Yr to October 2026 | PAGE 1 | TSR-AR-45784N601 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(09/30/2024) |
Innovator Equity Defined Protection ETF - 2 Yr to October 2026 NAV | -0.73 |
S&P 500 TR | -0.91 |
S&P 500 | -0.99 |
Visit https://www.innovatoretfs.com/etf/?ticker=AOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $54,909,199 |
Number of Holdings | 3 |
Net Advisory Fee | $25,760 |
Portfolio Turnover | 11% |
30-Day SEC Yield | -0.72% |
30-Day SEC Yield Unsubsidized | -0.72% |
Visit https://www.innovatoretfs.com/etf/?ticker=AOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2026; Exercise Price: $10.33 | 98.2% |
SPDR S&P 500 ETF, Expiration: 09/30/2026; Exercise Price: $573.76 | 6.9% |
SPDR S&P 500 ETF, Expiration: 09/30/2026; Exercise Price: $648.12 | -5.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=AOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 2 Yr to October 2026 | PAGE 2 | TSR-AR-45784N601 |
992799099901
| | |
| Innovator Equity Defined Protection ETF™ - 6 Mo Apr/Oct | |
APOC (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 6 Mo Apr/Oct for the period of September 30, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=APOC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct | $7 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 6 Mo Apr/Oct | PAGE 1 | TSR-AR-45784N882 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(09/30/2024) |
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct NAV | 0.12 |
S&P 500 TR | -0.91 |
S&P 500 | -0.99 |
Visit https://www.innovatoretfs.com/etf/?ticker=APOC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $75,566,478 |
Number of Holdings | 3 |
Net Advisory Fee | $36,113 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.72% |
30-Day SEC Yield Unsubsidized | -0.72% |
Visit https://www.innovatoretfs.com/etf/?ticker=APOC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $2.87 | 98.4% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $573.76 | 3.7% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $595.56 | -2.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=APOC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 6 Mo Apr/Oct | PAGE 2 | TSR-AR-45784N882 |
1001299099901
| | |
| Innovator Equity Defined Protection ETF™ - 6 Mo Jan/Jul | |
JAJL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Equity Defined Protection ETF™ - 6 Mo Jan/Jul for the period of June 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JAJL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul | $27 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Equity Defined Protection ETF™- 6 Mo Jan/Jul | PAGE 1 | TSR-AR-45783Y244 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul NAV | 2.68 |
S&P 500 TR | 4.93 |
S&P 500 | 4.49 |
Visit https://www.innovatoretfs.com/etf/?ticker=JAJL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $153,607,527 |
Number of Holdings | 3 |
Net Advisory Fee | $399,818 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=JAJL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $2.72 | 101.2% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $544.22 | 1.4% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $571.43 | -2.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JAJL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Equity Defined Protection ETF™- 6 Mo Jan/Jul | PAGE 2 | TSR-AR-45783Y244 |
102681049310449
| | |
| Innovator Growth Accelerated ETF® - Quarterly | |
XDQQ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth Accelerated ETF® - Quarterly for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XDQQ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth Accelerated ETF-Quarterly | $92 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the Invesco QQQ Trust (QQQ) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the Fund will generally provide similar losses to the Nasdaq-100 Index at the end of the Outcome Period. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the Fund seeks to provide accelerated returns of QQQ, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth Accelerated ETF® - Quarterly | PAGE 1 | TSR-AR-45783Y608 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2021) |
Innovator Growth Accelerated ETF-Quarterly NAV | 33.34 | 6.36 |
NASDAQ 100 Total Return Index | 39.19 | 13.28 |
NASDAQ 100 Index | 38.03 | 12.37 |
Visit https://www.innovatoretfs.com/etf/?ticker=XDQQ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $34,240,656 |
Number of Holdings | 3 |
Net Advisory Fee | $265,674 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.78% |
30-Day SEC Yield Unsubsidized | -0.78% |
Visit https://www.innovatoretfs.com/etf/?ticker=XDQQ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $1.22 | 99.3% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $488.07 | 3.5% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $510.03 | -2.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XDQQ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth Accelerated ETF® - Quarterly | PAGE 2 | TSR-AR-45783Y608 |
11702832693571247612154881611236156391210887121100715193
| | |
| Innovator Growth Accelerated Plus ETF® - April | |
QTAP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth Accelerated Plus ETF® - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=QTAP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth Accelerated Plus ETF - April | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the Invesco QQQ Trust (QQQ) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the Fund will generally provide similar losses to the Nasdaq-100 Index at the end of the Outcome Period. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the Fund seeks to provide accelerated returns of QQQ, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth Accelerated Plus ETF® - April | PAGE 1 | TSR-AR-45783Y509 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2021) |
Innovator Growth Accelerated Plus ETF - April NAV | 20.19 | 9.91 |
NASDAQ 100 Total Return Index | 39.19 | 13.28 |
NASDAQ 100 Index | 38.03 | 12.37 |
Visit https://www.innovatoretfs.com/etf/?ticker=QTAP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $14,329,694 |
Number of Holdings | 3 |
Net Advisory Fee | $104,624 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=QTAP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $4.45 | 98.6% |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $444.02 | 24.6% |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $473.89 | -23.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=QTAP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth Accelerated Plus ETF® - April | PAGE 2 | TSR-AR-45783Y509 |
115669169116751403212154881611236156391210887121100715193
| | |
| Innovator Growth Accelerated Plus ETF® - January | |
QTJA (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth Accelerated Plus ETF® - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=QTJA. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth Accelerated Plus ETF - January | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the Invesco QQQ Trust (QQQ) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the Fund will generally provide similar losses to the Nasdaq-100 Index at the end of the Outcome Period. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the Fund seeks to provide accelerated returns of QQQ, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth Accelerated Plus ETF® - January | PAGE 1 | TSR-AR-45783Y798 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(12/31/2021) |
Innovator Growth Accelerated Plus ETF - January NAV | 17.03 | -1.41 |
NASDAQ 100 Total Return Index | 39.19 | 8.14 |
NASDAQ 100 Index | 38.03 | 7.23 |
Visit https://www.innovatoretfs.com/etf/?ticker=QTJA for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $28,737,780 |
Number of Holdings | 3 |
Net Advisory Fee | $215,070 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=QTJA for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $4.11 | 101.6% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $409.52 | 33.8% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $435.93 | -35.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=QTJA.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth Accelerated Plus ETF® - January | PAGE 2 | TSR-AR-45783Y798 |
69158208960670368967124816989882912188
| | |
| Innovator Growth Accelerated Plus ETF® - July | |
QTJL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth Accelerated Plus ETF® - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=QTJL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth Accelerated Plus ETF - July | $90 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the Invesco QQQ Trust (QQQ) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the Fund will generally provide similar losses to the Nasdaq-100 Index at the end of the Outcome Period. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the Fund seeks to provide accelerated returns of QQQ, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth Accelerated Plus ETF® - July | PAGE 1 | TSR-AR-45783Y871 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2021) |
Innovator Growth Accelerated Plus ETF - July NAV | 26.76 | 5.85 |
NASDAQ 100 Total Return Index | 39.19 | 10.71 |
NASDAQ 100 Index | 38.03 | 9.81 |
Visit https://www.innovatoretfs.com/etf/?ticker=QTJL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $16,968,233 |
Number of Holdings | 3 |
Net Advisory Fee | $114,197 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=QTJL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $4.81 | 98.1% |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $479.11 | 18.1% |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $510.20 | -16.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=QTJL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth Accelerated Plus ETF® - July | PAGE 2 | TSR-AR-45783Y871 |
1077578349537120891091279151008814041108907836990013666
| | |
| Innovator Growth Accelerated Plus ETF® - October | |
QTOC (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth Accelerated Plus ETF® - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=QTOC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth Accelerated Plus ETF - October | $88 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the Invesco QQQ Trust (QQQ) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the Fund will generally provide similar losses to the Nasdaq-100 Index at the end of the Outcome Period. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the Fund seeks to provide accelerated returns of QQQ, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth Accelerated Plus ETF® - October | PAGE 1 | TSR-AR-45782C128 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/30/2021) |
Innovator Growth Accelerated Plus ETF - October NAV | 22.23 | 4.49 |
NASDAQ 100 Total Return Index | 39.19 | 11.24 |
NASDAQ 100 Index | 38.03 | 10.32 |
Visit https://www.innovatoretfs.com/etf/?ticker=QTOC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $8,355,851 |
Number of Holdings | 3 |
Net Advisory Fee | $88,517 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=QTOC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $4.90 | 98.9% |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $488.07 | 19.5% |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $520.14 | -18.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=QTOC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth Accelerated Plus ETF® - October | PAGE 2 | TSR-AR-45782C128 |
105697616937011453107947829997813889107907764981013540
| | |
| Innovator Growth-100 Power Buffer ETF™ - April | |
NAPR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth-100 Power Buffer ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=NAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth-100 Power Buffer ETF - April | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth-100 Power Buffer ETF™- April | PAGE 1 | TSR-AR-45782C334 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2020) |
Innovator Growth-100 Power Buffer ETF - April NAV | 16.65 | 10.12 |
NASDAQ 100 Total Return Index | 39.19 | 23.59 |
NASDAQ 100 Index | 38.03 | 22.60 |
Visit https://www.innovatoretfs.com/etf/?ticker=NAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $194,645,562 |
Number of Holdings | 4 |
Net Advisory Fee | $1,340,088 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=NAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $4.44 | 101.1% |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $444.01 | 2.5% |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $377.41 | -0.8% |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $517.85 | -3.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=NAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth-100 Power Buffer ETF™- April | PAGE 2 | TSR-AR-45782C334 |
111691227211086133401556214212205261488818975264111414620286145971844225456
| | |
| Innovator Growth-100 Power Buffer ETF™ - August | |
NAUG (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth-100 Power Buffer ETF™ - August for the period of July 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=NAUG. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth-100 Power Buffer ETF - August | $20 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth-100 Power Buffer ETF™- August | PAGE 1 | TSR-AR-45783Y129 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(07/31/2024) |
Innovator Growth-100 Power Buffer ETF - August NAV | 2.43 |
NASDAQ 100 Total Return Index | 2.93 |
NASDAQ 100 Index | 2.73 |
Visit https://www.innovatoretfs.com/etf/?ticker=NAUG for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $16,805,129 |
Number of Holdings | 4 |
Net Advisory Fee | $29,617 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=NAUG for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 07/31/2025; Exercise Price: $4.71 | 99.7% |
Invesco QQQ Trust Series 1, Expiration: 07/31/2025; Exercise Price: $471.07 | 5.1% |
Invesco QQQ Trust Series 1, Expiration: 07/31/2025; Exercise Price: $400.41 | -2.0% |
Invesco QQQ Trust Series 1, Expiration: 07/31/2025; Exercise Price: $545.31 | -3.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=NAUG.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth-100 Power Buffer ETF™- August | PAGE 2 | TSR-AR-45783Y129 |
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| | |
| Innovator Growth-100 Power Buffer ETF™ - January | |
NJAN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth-100 Power Buffer ETF™ - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=NJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth-100 Power Buffer ETF - January | $84 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth-100 Power Buffer ETF™- January | PAGE 1 | TSR-AR-45782C466 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(12/31/2019) |
Innovator Growth-100 Power Buffer ETF - January NAV | 13.90 | 6.11 |
NASDAQ 100 Total Return Index | 39.19 | 19.53 |
NASDAQ 100 Index | 38.03 | 18.56 |
Visit https://www.innovatoretfs.com/etf/?ticker=NJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $201,328,204 |
Number of Holdings | 4 |
Net Advisory Fee | $1,608,745 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=NJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $4.10 | 104.8% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $409.52 | 0.6% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $348.09 | -0.2% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $475.45 | -5.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=NJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth-100 Power Buffer ETF™- January | PAGE 2 | TSR-AR-45782C466 |
107161204110190116971332312749184131335617022236921265618150130601650022776
| | |
| Innovator Growth-100 Power Buffer ETF™ - July | |
NJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth-100 Power Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=NJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth-100 Power Buffer ETF - July | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth-100 Power Buffer ETF™- July | PAGE 1 | TSR-AR-45782C276 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2020) |
Innovator Growth-100 Power Buffer ETF - July NAV | 20.52 | 9.65 |
NASDAQ 100 Total Return Index | 39.19 | 17.69 |
NASDAQ 100 Index | 38.03 | 16.76 |
Visit https://www.innovatoretfs.com/etf/?ticker=NJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $266,589,612 |
Number of Holdings | 4 |
Net Advisory Fee | $1,845,589 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=NJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $4.79 | 98.4% |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $479.11 | 5.3% |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $556.73 | -1.9% |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $407.24 | -2.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=NJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth-100 Power Buffer ETF™- July | PAGE 2 | TSR-AR-45782C276 |
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| | |
| Innovator Growth-100 Power Buffer ETF™ - June | |
NJUN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth-100 Power Buffer ETF™ - June for the period of May 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=NJUN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth-100 Power Buffer ETF - June | $33 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth-100 Power Buffer ETF™- June | PAGE 1 | TSR-AR-45783Y269 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(05/31/2024) |
Innovator Growth-100 Power Buffer ETF - June NAV | 5.38 |
NASDAQ 100 Total Return Index | 7.64 |
NASDAQ 100 Index | 7.30 |
Visit https://www.innovatoretfs.com/etf/?ticker=NJUN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $27,051,959 |
Number of Holdings | 4 |
Net Advisory Fee | $93,486 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=NJUN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 05/30/2025; Exercise Price: $4.51 | 101.3% |
Invesco QQQ Trust Series 1, Expiration: 05/30/2025; Exercise Price: $450.71 | 3.4% |
Invesco QQQ Trust Series 1, Expiration: 05/30/2025; Exercise Price: $383.10 | -1.3% |
Invesco QQQ Trust Series 1, Expiration: 05/30/2025; Exercise Price: $523.23 | -3.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=NJUN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth-100 Power Buffer ETF™- June | PAGE 2 | TSR-AR-45783Y269 |
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| | |
| Innovator Growth-100 Power Buffer ETF™ - November | |
NNOV (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth-100 Power Buffer ETF™ - November for the period of October 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=NNOV. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth-100 Power Buffer ETF - November | $0 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $1,248,267 |
Number of Holdings | 4 |
Net Advisory Fee | $0 |
Portfolio Turnover | 0% |
Visit https://www.innovatoretfs.com/etf/?ticker=NNOV for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 10/31/2025; Exercise Price: $4.84 | 99.5% |
Invesco QQQ Trust Series 1, Expiration: 10/31/2025; Exercise Price: $483.85 | 6.8% |
Invesco QQQ Trust Series 1, Expiration: 10/31/2025; Exercise Price: $411.27 | -2.9% |
Invesco QQQ Trust Series 1, Expiration: 10/31/2025; Exercise Price: $560.49 | -3.5% |
| * | Percentages are stated as a percent of net assets. |
| Innovator Growth-100 Power Buffer ETF™- November | PAGE 1 | TSR-AR-45784N874 |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=NNOV.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth-100 Power Buffer ETF™- November | PAGE 2 | TSR-AR-45784N874 |
| | |
| Innovator Growth-100 Power Buffer ETF™ - October | |
NOCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth-100 Power Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=NOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth-100 Power Buffer ETF - October | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth-100 Power Buffer ETF™- October | PAGE 1 | TSR-AR-45782C615 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(09/30/2019) |
Innovator Growth-100 Power Buffer ETF - October NAV | 17.98 | 9.65 | 9.95 |
NASDAQ 100 Total Return Index | 39.19 | 20.73 | 21.37 |
NASDAQ 100 Index | 38.03 | 19.73 | 20.37 |
Visit https://www.innovatoretfs.com/etf/?ticker=NOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $161,025,021 |
Number of Holdings | 4 |
Net Advisory Fee | $1,175,193 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=NOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $4.88 | 99.0% |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $488.07 | 6.8% |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $414.86 | -2.9% |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $558.84 | -3.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=NOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth-100 Power Buffer ETF™- October | PAGE 2 | TSR-AR-45782C615 |
102211092913061115001373216201104371440520805150911923326770104311426320454147181859525667
| | |
| Innovator Growth-100 Power Buffer ETF™ - September | |
NSEP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Growth-100 Power Buffer ETF™ - September for the period of August 30, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=NSEP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Growth-100 Power Buffer ETF - September | $13 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Growth-100 Power Buffer ETF™- September | PAGE 1 | TSR-AR-45784N205 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(08/30/2024) |
Innovator Growth-100 Power Buffer ETF - September NAV | 1.26 |
NASDAQ 100 Total Return Index | 1.73 |
NASDAQ 100 Index | 1.61 |
Visit https://www.innovatoretfs.com/etf/?ticker=NSEP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $36,083,340 |
Number of Holdings | 4 |
Net Advisory Fee | $38,903 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=NSEP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 08/29/2025; Exercise Price: $4.76 | 99.9% |
Invesco QQQ Trust Series 1, Expiration: 08/29/2025; Exercise Price: $476.27 | 5.7% |
Invesco QQQ Trust Series 1, Expiration: 08/29/2025; Exercise Price: $404.83 | -2.3% |
Invesco QQQ Trust Series 1, Expiration: 08/29/2025; Exercise Price: $546.42 | -3.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=NSEP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Growth-100 Power Buffer ETF™- September | PAGE 2 | TSR-AR-45784N205 |
101261017310161
| | |
| Innovator International Developed 10 Buffer ETF™ - Quarterly | |
IBUF (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed 10 Buffer ETF™ - Quarterly for the period of June 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IBUF. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed 10 Buffer ETF - Quarterly | $29 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed 10 Buffer ETF™- Quarterly | PAGE 1 | TSR-AR-45783Y178 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator International Developed 10 Buffer ETF - Quarterly NAV | 1.45 |
MSCI EAFE Net (USD) | 1.43 |
MSCI EAFE Price (USD) | 0.79 |
Visit https://www.innovatoretfs.com/etf/?ticker=IBUF for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $5,709,573 |
Number of Holdings | 4 |
Net Advisory Fee | $10,782 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.82% |
30-Day SEC Yield Unsubsidized | -0.82% |
Visit https://www.innovatoretfs.com/etf/?ticker=IBUF for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $0.21 | 95.3% |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $83.63 | 5.9% |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $87.13 | -0.1% |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $75.27 | -1.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IBUF.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed 10 Buffer ETF™- Quarterly | PAGE 2 | TSR-AR-45783Y178 |
101451014310079
| | |
| Innovator International Developed Power Buffer ETF™ - April | |
IAPR (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - April | $91 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- April | PAGE 1 | TSR-AR-45782C367 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2021) |
Innovator International Developed Power Buffer ETF - April NAV | 14.92 | 2.69 |
MSCI EAFE Net (USD) | 22.97 | 4.28 |
MSCI EAFE Price (USD) | 19.77 | 1.54 |
Visit https://www.innovatoretfs.com/etf/?ticker=IAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $201,979,140 |
Number of Holdings | 4 |
Net Advisory Fee | $1,984,845 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.85% |
30-Day SEC Yield Unsubsidized | -0.85% |
Visit https://www.innovatoretfs.com/etf/?ticker=IAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 03/31/2025; Exercise Price: $0.80 | 97.0% |
iShares MSCI EAFE ETF, Expiration: 03/31/2025; Exercise Price: $79.86 | 4.1% |
iShares MSCI EAFE ETF, Expiration: 03/31/2025; Exercise Price: $93.28 | -0.6% |
iShares MSCI EAFE ETF, Expiration: 03/31/2025; Exercise Price: $67.88 | -0.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- April | PAGE 2 | TSR-AR-45782C367 |
103889020957110999107288261945011620105767925882110564
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| Innovator International Developed Power Buffer ETF™ - August | |
IAUG (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - August for the period of July 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IAUG. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - August | $21 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- August | PAGE 1 | TSR-AR-45783Y145 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(07/31/2024) |
Innovator International Developed Power Buffer ETF - August NAV | -1.70 |
MSCI EAFE Net (USD) | -1.46 |
MSCI EAFE Price (USD) | -2.04 |
Visit https://www.innovatoretfs.com/etf/?ticker=IAUG for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $14,664,881 |
Number of Holdings | 4 |
Net Advisory Fee | $28,711 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.85% |
30-Day SEC Yield Unsubsidized | -0.85% |
Visit https://www.innovatoretfs.com/etf/?ticker=IAUG for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 07/31/2025; Exercise Price: $0.80 | 97.8% |
iShares MSCI EAFE ETF, Expiration: 07/31/2025; Exercise Price: $80.36 | 5.1% |
iShares MSCI EAFE ETF, Expiration: 07/31/2025; Exercise Price: $93.35 | -1.5% |
iShares MSCI EAFE ETF, Expiration: 07/31/2025; Exercise Price: $68.31 | -1.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IAUG.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- August | PAGE 2 | TSR-AR-45783Y145 |
983098549796
| | |
| Innovator International Developed Power Buffer ETF™ - December | |
IDEC (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - December for the period of November 30, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IDEC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - December | $81 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
| Innovator International Developed Power Buffer ETF™- December | PAGE 1 | TSR-AR-45783Y426 |
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(11/30/2023) |
Innovator International Developed Power Buffer ETF - December NAV | 8.80 |
MSCI EAFE Net (USD) | 12.52 |
MSCI EAFE Price (USD) | 9.79 |
Visit https://www.innovatoretfs.com/etf/?ticker=IDEC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $10,875,266 |
Number of Holdings | 4 |
Net Advisory Fee | $99,764 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.84% |
30-Day SEC Yield Unsubsidized | -0.84% |
Visit https://www.innovatoretfs.com/etf/?ticker=IDEC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 11/29/2024; Exercise Price: $0.72 | 99.8% |
iShares MSCI EAFE ETF, Expiration: 11/29/2024; Exercise Price: $72.42 | 0.4% |
iShares MSCI EAFE ETF, Expiration: 11/29/2024; Exercise Price: $86.27 | -0.1% |
iShares MSCI EAFE ETF, Expiration: 11/29/2024; Exercise Price: $61.56 | -0.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IDEC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- December | PAGE 2 | TSR-AR-45783Y426 |
108801125210979
| | |
| Innovator International Developed Power Buffer ETF™ - February | |
IFEB (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - February for the period of January 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IFEB. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - February | $65 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- February | PAGE 1 | TSR-AR-45783Y350 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(01/31/2024) |
Innovator International Developed Power Buffer ETF - February NAV | 5.18 |
MSCI EAFE Net (USD) | 6.23 |
MSCI EAFE Price (USD) | 3.77 |
Visit https://www.innovatoretfs.com/etf/?ticker=IFEB for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $11,832,627 |
Number of Holdings | 4 |
Net Advisory Fee | $78,878 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.84% |
30-Day SEC Yield Unsubsidized | -0.84% |
Visit https://www.innovatoretfs.com/etf/?ticker=IFEB for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 01/31/2025; Exercise Price: $0.75 | 99.0% |
iShares MSCI EAFE ETF, Expiration: 01/31/2025; Exercise Price: $75.01 | 1.5% |
iShares MSCI EAFE ETF, Expiration: 01/31/2025; Exercise Price: $88.17 | -0.2% |
iShares MSCI EAFE ETF, Expiration: 01/31/2025; Exercise Price: $63.76 | -0.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IFEB.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- February | PAGE 2 | TSR-AR-45783Y350 |
105181062310377
| | |
| Innovator International Developed Power Buffer ETF™ - January | |
IJAN (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - January | $92 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- January | PAGE 1 | TSR-AR-45782C524 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(12/31/2019) |
Innovator International Developed Power Buffer ETF - January NAV | 16.87 | 5.53 |
MSCI EAFE Net (USD) | 22.97 | 5.52 |
MSCI EAFE Price (USD) | 19.77 | 2.85 |
Visit https://www.innovatoretfs.com/etf/?ticker=IJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $180,717,813 |
Number of Holdings | 4 |
Net Advisory Fee | $1,593,860 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.84% |
30-Day SEC Yield Unsubsidized | -0.84% |
Visit https://www.innovatoretfs.com/etf/?ticker=IJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $0.75 | 99.1% |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $75.35 | 1.2% |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $86.64 | -0.1% |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $64.05 | -0.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- January | PAGE 2 | TSR-AR-45782C524 |
97481106298631110012973892011969921610543129658739114668591956311453
| | |
| Innovator International Developed Power Buffer ETF™ - July | |
IJUL (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - July | $90 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- July | PAGE 1 | TSR-AR-45782C722 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(06/28/2019) |
Innovator International Developed Power Buffer ETF - July NAV | 12.10 | 3.90 | 3.97 |
MSCI EAFE Net (USD) | 22.97 | 6.24 | 6.32 |
MSCI EAFE Price (USD) | 19.77 | 3.59 | 3.69 |
Visit https://www.innovatoretfs.com/etf/?ticker=IJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $159,369,343 |
Number of Holdings | 4 |
Net Advisory Fee | $1,456,010 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.85% |
30-Day SEC Yield Unsubsidized | -0.85% |
Visit https://www.innovatoretfs.com/etf/?ticker=IJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 06/30/2025; Exercise Price: $0.78 | 98.5% |
iShares MSCI EAFE ETF, Expiration: 06/30/2025; Exercise Price: $78.33 | 4.0% |
iShares MSCI EAFE ETF, Expiration: 06/30/2025; Exercise Price: $66.58 | -1.3% |
iShares MSCI EAFE ETF, Expiration: 06/30/2025; Exercise Price: $91.49 | -1.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- July | PAGE 2 | TSR-AR-45782C722 |
101709963108189678109821231110248954512807986211282138731017392601215091041013312136
| | |
| Innovator International Developed Power Buffer ETF™ - June | |
IJUN (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - June for the period of May 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IJUN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - June | $35 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- June | PAGE 1 | TSR-AR-45783Y285 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(05/31/2024) |
Innovator International Developed Power Buffer ETF - June NAV | -0.31 |
MSCI EAFE Net (USD) | -0.21 |
MSCI EAFE Price (USD) | -0.97 |
Visit https://www.innovatoretfs.com/etf/?ticker=IJUN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $23,783,190 |
Number of Holdings | 4 |
Net Advisory Fee | $74,545 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.85% |
30-Day SEC Yield Unsubsidized | -0.85% |
Visit https://www.innovatoretfs.com/etf/?ticker=IJUN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 05/30/2025; Exercise Price: $0.81 | 96.6% |
iShares MSCI EAFE ETF, Expiration: 05/30/2025; Exercise Price: $81.18 | 4.7% |
iShares MSCI EAFE ETF, Expiration: 05/30/2025; Exercise Price: $98.02 | -1.2% |
iShares MSCI EAFE ETF, Expiration: 05/30/2025; Exercise Price: $69.00 | -0.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IJUN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- June | PAGE 2 | TSR-AR-45783Y285 |
996999799903
| | |
| Innovator International Developed Power Buffer ETF™ - March | |
IMAR (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - March for the period of February 29, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IMAR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - March | $58 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- March | PAGE 1 | TSR-AR-45783Y343 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(02/29/2024) |
Innovator International Developed Power Buffer ETF - March NAV | 3.02 |
MSCI EAFE Net (USD) | 4.32 |
MSCI EAFE Price (USD) | 2.05 |
Visit https://www.innovatoretfs.com/etf/?ticker=IMAR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $12,944,507 |
Number of Holdings | 4 |
Net Advisory Fee | $82,607 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.84% |
30-Day SEC Yield Unsubsidized | -0.84% |
Visit https://www.innovatoretfs.com/etf/?ticker=IMAR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 02/28/2025; Exercise Price: $0.77 | 98.0% |
iShares MSCI EAFE ETF, Expiration: 02/28/2025; Exercise Price: $77.25 | 2.5% |
iShares MSCI EAFE ETF, Expiration: 02/28/2025; Exercise Price: $92.16 | -0.2% |
iShares MSCI EAFE ETF, Expiration: 02/28/2025; Exercise Price: $65.66 | -0.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IMAR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- March | PAGE 2 | TSR-AR-45783Y343 |
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| | |
| Innovator International Developed Power Buffer ETF™ - May | |
IMAY (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - May for the period of April 30, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IMAY. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - May | $43 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- May | PAGE 1 | TSR-AR-45783Y293 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(04/30/2024) |
Innovator International Developed Power Buffer ETF - May NAV | 3.19 |
MSCI EAFE Net (USD) | 3.66 |
MSCI EAFE Price (USD) | 2.30 |
Visit https://www.innovatoretfs.com/etf/?ticker=IMAY for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $8,967,602 |
Number of Holdings | 4 |
Net Advisory Fee | $40,447 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.84% |
30-Day SEC Yield Unsubsidized | -0.84% |
Visit https://www.innovatoretfs.com/etf/?ticker=IMAY for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 04/30/2025; Exercise Price: $0.77 | 98.3% |
iShares MSCI EAFE ETF, Expiration: 04/30/2025; Exercise Price: $77.27 | 2.9% |
iShares MSCI EAFE ETF, Expiration: 04/30/2025; Exercise Price: $65.68 | -0.6% |
iShares MSCI EAFE ETF, Expiration: 04/30/2025; Exercise Price: $93.46 | -0.7% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IMAY.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- May | PAGE 2 | TSR-AR-45783Y293 |
103191036610230
| | |
| Innovator International Developed Power Buffer ETF™ - November | |
INOV (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - November for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=INOV. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - November | $92 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- November | PAGE 1 | TSR-AR-45783Y459 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(10/31/2023) |
Innovator International Developed Power Buffer ETF - November NAV | 17.50 | 17.50 |
MSCI EAFE Net (USD) | 22.97 | 22.97 |
MSCI EAFE Price (USD) | 19.77 | 19.77 |
Visit https://www.innovatoretfs.com/etf/?ticker=INOV for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $4,397,481 |
Number of Holdings | 7 |
Net Advisory Fee | $27,605 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.83% |
30-Day SEC Yield Unsubsidized | -0.83% |
Visit https://www.innovatoretfs.com/etf/?ticker=INOV for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 10/31/2025; Exercise Price: $0.79 | 97.5% |
iShares MSCI EAFE ETF, Expiration: 10/31/2025; Exercise Price: $79.22 | 5.3% |
iShares MSCI EAFE ETF, Expiration: 10/31/2024; Exercise Price: $80.39 | 0.0% |
iShares MSCI EAFE ETF, Expiration: 10/31/2024; Exercise Price: $56.88 | 0.0% |
iShares MSCI EAFE ETF, Expiration: 10/31/2024; Exercise Price: $66.92 | 0.0% |
iShares MSCI EAFE ETF, Expiration: 10/31/2025; Exercise Price: $91.55 | -1.1% |
iShares MSCI EAFE ETF, Expiration: 10/31/2025; Exercise Price: $67.34 | -2.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=INOV.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- November | PAGE 2 | TSR-AR-45783Y459 |
100001175010000122971000011977
| | |
| Innovator International Developed Power Buffer ETF™ - October | |
IOCT (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=IOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - October | $91 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- October | PAGE 1 | TSR-AR-45782C631 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/30/2021) |
Innovator International Developed Power Buffer ETF - October NAV | 14.50 | 5.56 |
MSCI EAFE Net (USD) | 22.97 | 3.44 |
MSCI EAFE Price (USD) | 19.77 | 0.73 |
Visit https://www.innovatoretfs.com/etf/?ticker=IOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $121,709,950 |
Number of Holdings | 4 |
Net Advisory Fee | $965,865 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.84% |
30-Day SEC Yield Unsubsidized | -0.84% |
Visit https://www.innovatoretfs.com/etf/?ticker=IOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 09/30/2025; Exercise Price: $0.84 | 96.6% |
iShares MSCI EAFE ETF, Expiration: 09/30/2025; Exercise Price: $83.63 | 7.4% |
iShares MSCI EAFE ETF, Expiration: 09/30/2025; Exercise Price: $95.88 | -1.7% |
iShares MSCI EAFE ETF, Expiration: 09/30/2025; Exercise Price: $71.09 | -2.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=IOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- October | PAGE 2 | TSR-AR-45782C631 |
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| Innovator International Developed Power Buffer ETF™ - September | |
ISEP (Principal U.S. Listing Exchange: NYSE ARCANYSEArca) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator International Developed Power Buffer ETF™ - September for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=ISEP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator International Developed Power Buffer ETF - September | $92 | 0.85% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price return of the iShares MSCI EAFE ETF (EFA) up to a stated upside Cap, while limiting downside losses to EFA by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the MSCI EAFE Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the MSCI EAFE Index. Alternatively, in markets where the MSCI EAFE Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than EFA.
The MSCI EAFE Index delivered strong performance for the year ended October 31, 2024. Gains were supported by a stabilization in global economic activity and resilient corporate earnings, particularly in developed markets outside the U.S. However, rising geopolitical tensions and persistent monetary policy tightening in several regions introduced periods of heightened volatility. During Q3 2024, easing inflation concerns and improved investor sentiment bolstered returns, though these gains were tempered later in the period by renewed concerns over a potential economic slowdown in the Eurozone and mixed economic data. Overall, the MSCI EAFE Index demonstrated resilience in navigating a challenging macroeconomic environment.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator International Developed Power Buffer ETF™- September | PAGE 1 | TSR-AR-45783Y533 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(08/31/2023) |
Innovator International Developed Power Buffer ETF - September NAV | 16.13 | 10.00 |
MSCI EAFE Net (USD) | 22.97 | 11.84 |
MSCI EAFE Price (USD) | 19.77 | 9.02 |
Visit https://www.innovatoretfs.com/etf/?ticker=ISEP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $67,675,605 |
Number of Holdings | 4 |
Net Advisory Fee | $404,598 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.83% |
30-Day SEC Yield Unsubsidized | -0.83% |
Visit https://www.innovatoretfs.com/etf/?ticker=ISEP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares MSCI EAFE ETF, Expiration: 08/29/2025; Exercise Price: $0.83 | 96.0% |
iShares MSCI EAFE ETF, Expiration: 08/29/2025; Exercise Price: $82.98 | 6.4% |
iShares MSCI EAFE ETF, Expiration: 08/29/2025; Exercise Price: $95.53 | -2.0% |
iShares MSCI EAFE ETF, Expiration: 08/29/2025; Exercise Price: $70.53 | -0.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=ISEP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator International Developed Power Buffer ETF™- September | PAGE 2 | TSR-AR-45783Y533 |
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| Innovator Nasdaq-100 10 Buffer ETF™ - Quarterly | |
| QBUF (Principal U.S. Listing Exchange: NASDAQ) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Nasdaq-100 10 Buffer ETF™ - Quarterly for the period of January 24, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=QBUF. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | $27 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the Invesco QQQ Trust (QQQ) up to a stated upside Cap, while limiting downside losses to QQQ by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Nasdaq-100 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Nasdaq-100 Index. Alternatively, in markets where the Nasdaq-100 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than QQQ.
The Nasdaq-100 Index posted strong positive performance for the year ended October 31, 2024. The technology sector maintained its momentum, supported by ongoing investor enthusiasm for AI and the enduring leadership of the “Magnificent 7.” However, as the period progressed, market dynamics began to favor value-oriented names over the growth-focused companies that dominate the Nasdaq-100, leading to a modest rotation while the index still delivered solid gains overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Nasdaq-100 10 Buffer ETF™- Quarterly | PAGE 1 | TSR-AR-45783Y160 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator Nasdaq-100 10 Buffer ETF - Quarterly NAV | 1.91 |
NASDAQ 100 Total Return Index | 1.29 |
NASDAQ 100 Index | 1.05 |
Visit https://www.innovatoretfs.com/etf/?ticker=QBUF for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $80,453,200 |
Number of Holdings | 4 |
Net Advisory Fee | $53,771 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.74% |
30-Day SEC Yield Unsubsidized | -0.74% |
Visit https://www.innovatoretfs.com/etf/?ticker=QBUF for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $1.23 | 98.8% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $488.07 | 3.6% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $439.26 | -1.1% |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $510.33 | -1.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=QBUF.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Nasdaq-100 10 Buffer ETF™- Quarterly | PAGE 2 | TSR-AR-45783Y160 |
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| Innovator Premium Income 10 Barrier ETF™ - April | |
APRD (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 10 Barrier ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=APRD. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 10 Barrier ETF - April | $83 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 10 Barrier ETF™- April | PAGE 1 | TSR-AR-45783Y632 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2023) |
Innovator Premium Income 10 Barrier ETF - April NAV | 9.16 | 9.27 |
S&P 500 TR | 38.02 | 24.80 |
S&P 500 | 36.04 | 22.98 |
Visit https://www.innovatoretfs.com/etf/?ticker=APRD for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $9,276,352 |
Number of Holdings | 5 |
Net Advisory Fee | $67,634 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.72% |
30-Day SEC Yield Unsubsidized | 3.72% |
Visit https://www.innovatoretfs.com/etf/?ticker=APRD for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 99.7% |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $4,676.33 | 9.0% |
United States Treasury Bill | 1.9% |
S&P 500 Mini Index, Expiration: 03/31/2025; Exercise Price: $472.89 | -0.1% |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $4,728.87 | -10.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=APRD.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 10 Barrier ETF™- April | PAGE 2 | TSR-AR-45783Y632 |
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| Innovator Premium Income 10 Barrier ETF™ - January | |
JAND (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 10 Barrier ETF™ - January for the period of December 29, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JAND. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 10 Barrier ETF - January | $68 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 10 Barrier ETF™- January | PAGE 1 | TSR-AR-45783Y392 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(12/29/2023) |
Innovator Premium Income 10 Barrier ETF - January NAV | 7.32 |
S&P 500 TR | 20.97 |
S&P 500 | 19.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=JAND for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $4,354,081 |
Number of Holdings | 4 |
Net Advisory Fee | $29,772 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.80% |
30-Day SEC Yield Unsubsidized | 3.80% |
Visit https://www.innovatoretfs.com/etf/?ticker=JAND for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 100.2% |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $4,240.14 | 2.2% |
S&P 500 Mini Index, Expiration: 12/31/2024; Exercise Price: $428.78 | 0.0% |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $4,287.78 | -2.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JAND.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 10 Barrier ETF™- January | PAGE 2 | TSR-AR-45783Y392 |
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| | |
| Innovator Premium Income 10 Barrier ETF™ - July | |
JULD (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 10 Barrier ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JULD. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 10 Barrier ETF - July | $84 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 10 Barrier ETF™- July | PAGE 1 | TSR-AR-45783Y574 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2023) |
Innovator Premium Income 10 Barrier ETF - July NAV | 11.60 | 8.69 |
S&P 500 TR | 38.02 | 22.17 |
S&P 500 | 36.04 | 20.42 |
Visit https://www.innovatoretfs.com/etf/?ticker=JULD for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $4,993,836 |
Number of Holdings | 6 |
Net Advisory Fee | $35,281 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.57% |
30-Day SEC Yield Unsubsidized | 3.57% |
Visit https://www.innovatoretfs.com/etf/?ticker=JULD for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 99.1% |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $4,860.03 | 16.4% |
United States Treasury Bill | 1.9% |
United States Treasury Bill | 1.8% |
S&P 500 Mini Index, Expiration: 06/30/2025; Exercise Price: $491.46 | -0.2% |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $4,914.64 | -19.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JULD.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 10 Barrier ETF™- July | PAGE 2 | TSR-AR-45783Y574 |
1001711179946913069942312820
| | |
| Innovator Premium Income 10 Barrier ETF™ - October | |
OCTD (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 10 Barrier ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=OCTD. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 10 Barrier ETF - October | $83 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 10 Barrier ETF™- October | PAGE 1 | TSR-AR-45783Y517 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/29/2023) |
Innovator Premium Income 10 Barrier ETF - October NAV | 9.44 | 8.51 |
S&P 500 TR | 38.02 | 31.88 |
S&P 500 | 36.04 | 30.03 |
Visit https://www.innovatoretfs.com/etf/?ticker=OCTD for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $4,760,754 |
Number of Holdings | 7 |
Net Advisory Fee | $37,471 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.68% |
30-Day SEC Yield Unsubsidized | 3.68% |
Visit https://www.innovatoretfs.com/etf/?ticker=OCTD for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.9% |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $5,128.54 | 27.3% |
United States Treasury Bill | 1.9% |
United States Treasury Bill | 1.9% |
United States Treasury Bill | 1.9% |
S&P 500 Mini Index, Expiration: 09/30/2025; Exercise Price: $518.62 | -0.1% |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $5,186.16 | -31.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=OCTD.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 10 Barrier ETF™- October | PAGE 2 | TSR-AR-45783Y517 |
998610928979013512978013305
| | |
| Innovator Premium Income 15 Buffer ETF™ - April | |
LAPR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 15 Buffer ETF™ - April for the period of March 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=LAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 15 Buffer ETF - April | $47 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 15 Buffer ETF™- April | PAGE 1 | TSR-AR-45783Y319 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(03/28/2024) |
Innovator Premium Income 15 Buffer ETF - April NAV | 3.73 |
S&P 500 TR | 9.42 |
S&P 500 | 8.59 |
Visit https://www.innovatoretfs.com/etf/?ticker=LAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $3,752,463 |
Number of Holdings | 6 |
Net Advisory Fee | $15,725 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.69% |
30-Day SEC Yield Unsubsidized | 3.69% |
Visit https://www.innovatoretfs.com/etf/?ticker=LAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.7% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $444.60 | -0.7% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=LAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 15 Buffer ETF™- April | PAGE 2 | TSR-AR-45783Y319 |
103731094210859
| | |
| Innovator Premium Income 15 Buffer ETF™ - January | |
LJAN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 15 Buffer ETF™ - January for the period of December 29, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=LJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 15 Buffer ETF - January | $67 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 15 Buffer ETF™- January | PAGE 1 | TSR-AR-45783Y368 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(12/29/2023) |
Innovator Premium Income 15 Buffer ETF - January NAV | 5.21 |
S&P 500 TR | 20.97 |
S&P 500 | 19.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=LJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $8,606,685 |
Number of Holdings | 3 |
Net Advisory Fee | $80,599 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.79% |
30-Day SEC Yield Unsubsidized | 3.79% |
Visit https://www.innovatoretfs.com/etf/?ticker=LJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 99.6% |
United States Treasury Bill | 0.5% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $403.44 | -0.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=LJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 15 Buffer ETF™- January | PAGE 2 | TSR-AR-45783Y368 |
105211209711962
| | |
| Innovator Premium Income 15 Buffer ETF™ - July | |
LJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 15 Buffer ETF™ - July for the period of June 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=LJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 15 Buffer ETF - July | $27 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 15 Buffer ETF™- July | PAGE 1 | TSR-AR-45783Y186 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator Premium Income 15 Buffer ETF - July NAV | 2.16 |
S&P 500 TR | 4.93 |
S&P 500 | 4.49 |
Visit https://www.innovatoretfs.com/etf/?ticker=LJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $2,383,970 |
Number of Holdings | 9 |
Net Advisory Fee | $5,624 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.51% |
30-Day SEC Yield Unsubsidized | 3.51% |
Visit https://www.innovatoretfs.com/etf/?ticker=LJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.1% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $462.60 | -1.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=LJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 15 Buffer ETF™- July | PAGE 2 | TSR-AR-45783Y186 |
102161049310449
| | |
| Innovator Premium Income 15 Buffer ETF™ - October | |
LOCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 15 Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=LOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 15 Buffer ETF - October | $82 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 15 Buffer ETF™- October | PAGE 1 | TSR-AR-45783Y434 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/29/2023) |
Innovator Premium Income 15 Buffer ETF - October NAV | 6.60 | 6.36 |
S&P 500 TR | 38.02 | 31.88 |
S&P 500 | 36.04 | 30.03 |
Visit https://www.innovatoretfs.com/etf/?ticker=LOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $18,331,640 |
Number of Holdings | 12 |
Net Advisory Fee | $133,709 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.58% |
30-Day SEC Yield Unsubsidized | 3.58% |
Visit https://www.innovatoretfs.com/etf/?ticker=LOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 97.8% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
United States Treasury Bill | 0.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=LOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 15 Buffer ETF™- October | PAGE 2 | TSR-AR-45783Y434 |
1003210694979013512978013305
| | |
| Innovator Premium Income 20 Barrier ETF™ - April | |
APRH (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 20 Barrier ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=APRH. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 20 Barrier ETF - April | $82 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 20 Barrier ETF™- April | PAGE 1 | TSR-AR-45783Y624 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2023) |
Innovator Premium Income 20 Barrier ETF - April NAV | 7.43 | 7.91 |
S&P 500 TR | 38.02 | 24.80 |
S&P 500 | 36.04 | 22.98 |
Visit https://www.innovatoretfs.com/etf/?ticker=APRH for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $27,802,309 |
Number of Holdings | 5 |
Net Advisory Fee | $213,856 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.69% |
30-Day SEC Yield Unsubsidized | 3.69% |
Visit https://www.innovatoretfs.com/etf/?ticker=APRH for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 99.4% |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $4,150.90 | 9.8% |
United States Treasury Bill | 1.6% |
S&P 500 Mini Index, Expiration: 03/31/2025; Exercise Price: $420.34 | -0.1% |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $4,203.44 | -10.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=APRH.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 20 Barrier ETF™- April | PAGE 2 | TSR-AR-45783Y624 |
105041128410297142121020613884
| | |
| Innovator Premium Income 20 Barrier ETF™ - January | |
JANH (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 20 Barrier ETF™ - January for the period of December 29, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JANH. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 20 Barrier ETF - January | $68 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 20 Barrier ETF™- January | PAGE 1 | TSR-AR-45783Y657 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(12/29/2023) |
Innovator Premium Income 20 Barrier ETF - January NAV | 6.11 |
S&P 500 TR | 20.97 |
S&P 500 | 19.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=JANH for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $9,307,055 |
Number of Holdings | 4 |
Net Advisory Fee | $58,532 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.79% |
30-Day SEC Yield Unsubsidized | 3.79% |
Visit https://www.innovatoretfs.com/etf/?ticker=JANH for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 100.1% |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $3,763.72 | 2.7% |
S&P 500 Mini Index, Expiration: 12/31/2024; Exercise Price: $381.14 | 0.0% |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $3,811.36 | -3.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JANH.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 20 Barrier ETF™- January | PAGE 2 | TSR-AR-45783Y657 |
106111209711962
| | |
| Innovator Premium Income 20 Barrier ETF™ - July | |
JULH (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 20 Barrier ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JULH. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 20 Barrier ETF - July | $83 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 20 Barrier ETF™- July | PAGE 1 | TSR-AR-45783Y582 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2023) |
Innovator Premium Income 20 Barrier ETF - July NAV | 8.99 | 7.60 |
S&P 500 TR | 38.02 | 22.17 |
S&P 500 | 36.04 | 20.42 |
Visit https://www.innovatoretfs.com/etf/?ticker=JULH for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $20,574,006 |
Number of Holdings | 6 |
Net Advisory Fee | $184,709 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.53% |
30-Day SEC Yield Unsubsidized | 3.53% |
Visit https://www.innovatoretfs.com/etf/?ticker=JULH for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.9% |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $4,313.96 | 17.8% |
United States Treasury Bill | 1.6% |
United States Treasury Bill | 1.6% |
S&P 500 Mini Index, Expiration: 06/30/2025; Exercise Price: $436.86 | -0.1% |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $4,368.57 | -19.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JULH.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 20 Barrier ETF™- July | PAGE 2 | TSR-AR-45783Y582 |
1012011030946913069942312820
| | |
| Innovator Premium Income 20 Barrier ETF™ - October | |
OCTH (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 20 Barrier ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=OCTH. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 20 Barrier ETF - October | $82 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 20 Barrier ETF™- October | PAGE 1 | TSR-AR-45783Y525 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/29/2023) |
Innovator Premium Income 20 Barrier ETF - October NAV | 7.83 | 7.22 |
S&P 500 TR | 38.02 | 31.88 |
S&P 500 | 36.04 | 30.03 |
Visit https://www.innovatoretfs.com/etf/?ticker=OCTH for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $19,629,911 |
Number of Holdings | 7 |
Net Advisory Fee | $149,333 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.62% |
30-Day SEC Yield Unsubsidized | 3.62% |
Visit https://www.innovatoretfs.com/etf/?ticker=OCTH for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.7% |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $4,552.30 | 29.8% |
United States Treasury Bill | 1.6% |
United States Treasury Bill | 1.6% |
United States Treasury Bill | 1.6% |
S&P 500 Mini Index, Expiration: 09/30/2025; Exercise Price: $460.99 | -0.1% |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $4,609.92 | -33.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=OCTH.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 20 Barrier ETF™- October | PAGE 2 | TSR-AR-45783Y525 |
1000410788979013512978013305
| | |
| Innovator Premium Income 30 Barrier ETF™ - April | |
APRJ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 30 Barrier ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=APRJ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 30 Barrier ETF - April | $81 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 30 Barrier ETF™- April | PAGE 1 | TSR-AR-45783Y616 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2023) |
Innovator Premium Income 30 Barrier ETF - April NAV | 6.30 | 6.67 |
S&P 500 TR | 38.02 | 24.80 |
S&P 500 | 36.04 | 22.98 |
Visit https://www.innovatoretfs.com/etf/?ticker=APRJ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $38,286,822 |
Number of Holdings | 5 |
Net Advisory Fee | $323,319 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.68% |
30-Day SEC Yield Unsubsidized | 3.68% |
Visit https://www.innovatoretfs.com/etf/?ticker=APRJ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 99.3% |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $3,625.47 | 8.9% |
United States Treasury Bill | 1.4% |
S&P 500 Mini Index, Expiration: 03/31/2025; Exercise Price: $367.80 | 0.0% |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $3,678.01 | -9.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=APRJ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 30 Barrier ETF™- April | PAGE 2 | TSR-AR-45783Y616 |
104231107910297142121020613884
| | |
| Innovator Premium Income 30 Barrier ETF™ - January | |
JANJ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 30 Barrier ETF™ - January for the period of December 29, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JANJ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 30 Barrier ETF - January | $67 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 30 Barrier ETF™- January | PAGE 1 | TSR-AR-45783Y376 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(12/29/2023) |
Innovator Premium Income 30 Barrier ETF - January NAV | 5.10 |
S&P 500 TR | 20.97 |
S&P 500 | 19.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=JANJ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $22,302,907 |
Number of Holdings | 4 |
Net Advisory Fee | $141,293 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.78% |
30-Day SEC Yield Unsubsidized | 3.78% |
Visit https://www.innovatoretfs.com/etf/?ticker=JANJ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 100.0% |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $3,287.30 | 2.4% |
S&P 500 Mini Index, Expiration: 12/31/2024; Exercise Price: $333.49 | 0.0% |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $3,334.94 | -2.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JANJ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 30 Barrier ETF™- January | PAGE 2 | TSR-AR-45783Y376 |
105101209711962
| | |
| Innovator Premium Income 30 Barrier ETF™ - July | |
JULJ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 30 Barrier ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JULJ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 30 Barrier ETF - July | $82 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 30 Barrier ETF™- July | PAGE 1 | TSR-AR-45783Y566 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2023) |
Innovator Premium Income 30 Barrier ETF - July NAV | 7.07 | 6.65 |
S&P 500 TR | 38.02 | 22.17 |
S&P 500 | 36.04 | 20.42 |
Visit https://www.innovatoretfs.com/etf/?ticker=JULJ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $23,695,029 |
Number of Holdings | 6 |
Net Advisory Fee | $200,586 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.50% |
30-Day SEC Yield Unsubsidized | 3.50% |
Visit https://www.innovatoretfs.com/etf/?ticker=JULJ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.7% |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $3,767.89 | 15.4% |
United States Treasury Bill | 1.3% |
United States Treasury Bill | 1.3% |
S&P 500 Mini Index, Expiration: 06/30/2025; Exercise Price: $382.25 | -0.1% |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $3,822.50 | -16.7% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JULJ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 30 Barrier ETF™- July | PAGE 2 | TSR-AR-45783Y566 |
1017910899946913069942312820
| | |
| Innovator Premium Income 30 Barrier ETF™ - October | |
OCTJ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 30 Barrier ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=OCTJ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 30 Barrier ETF - October | $82 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 30 Barrier ETF™- October | PAGE 1 | TSR-AR-45783Y491 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/29/2023) |
Innovator Premium Income 30 Barrier ETF - October NAV | 6.53 | 6.16 |
S&P 500 TR | 38.02 | 31.88 |
S&P 500 | 36.04 | 30.03 |
Visit https://www.innovatoretfs.com/etf/?ticker=OCTJ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $21,429,862 |
Number of Holdings | 7 |
Net Advisory Fee | $177,501 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.58% |
30-Day SEC Yield Unsubsidized | 3.58% |
Visit https://www.innovatoretfs.com/etf/?ticker=OCTJ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.4% |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $3,976.06 | 25.0% |
United States Treasury Bill | 1.3% |
United States Treasury Bill | 1.3% |
United States Treasury Bill | 1.3% |
S&P 500 Mini Index, Expiration: 09/30/2025; Exercise Price: $403.37 | 0.0% |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $4,033.68 | -27.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=OCTJ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 30 Barrier ETF™- October | PAGE 2 | TSR-AR-45783Y491 |
1001710672979013512978013305
| | |
| Innovator Premium Income 40 Barrier ETF™ - April | |
APRQ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 40 Barrier ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=APRQ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 40 Barrier ETF - April | $81 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 40 Barrier ETF™- April | PAGE 1 | TSR-AR-45783Y590 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2023) |
Innovator Premium Income 40 Barrier ETF - April NAV | 5.55 | 5.72 |
S&P 500 TR | 38.02 | 24.80 |
S&P 500 | 36.04 | 22.98 |
Visit https://www.innovatoretfs.com/etf/?ticker=APRQ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $19,119,793 |
Number of Holdings | 5 |
Net Advisory Fee | $182,284 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.67% |
30-Day SEC Yield Unsubsidized | 3.67% |
Visit https://www.innovatoretfs.com/etf/?ticker=APRQ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 99.3% |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $3,100.04 | 7.2% |
United States Treasury Bill | 1.3% |
S&P 500 Mini Index, Expiration: 03/31/2025; Exercise Price: $315.26 | 0.0% |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $3,152.58 | -7.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=APRQ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 40 Barrier ETF™- April | PAGE 2 | TSR-AR-45783Y590 |
103491092310297142121020613884
| | |
| Innovator Premium Income 40 Barrier ETF™ - January | |
JANQ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 40 Barrier ETF™ - January for the period of December 29, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JANQ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 40 Barrier ETF - January | $67 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 40 Barrier ETF™- January | PAGE 1 | TSR-AR-45783Y640 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(12/29/2023) |
Innovator Premium Income 40 Barrier ETF - January NAV | 4.43 |
S&P 500 TR | 20.97 |
S&P 500 | 19.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=JANQ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $4,951,630 |
Number of Holdings | 4 |
Net Advisory Fee | $56,640 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.78% |
30-Day SEC Yield Unsubsidized | 3.78% |
Visit https://www.innovatoretfs.com/etf/?ticker=JANQ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 99.9% |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $2,810.88 | 1.7% |
S&P 500 Mini Index, Expiration: 12/31/2024; Exercise Price: $285.85 | 0.0% |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $2,858.52 | -1.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JANQ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 40 Barrier ETF™- January | PAGE 2 | TSR-AR-45783Y640 |
104431209711962
| | |
| Innovator Premium Income 40 Barrier ETF™ - July | |
JULQ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 40 Barrier ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=JULQ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 40 Barrier ETF - July | $81 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 40 Barrier ETF™- July | PAGE 1 | TSR-AR-45783Y558 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2023) |
Innovator Premium Income 40 Barrier ETF - July NAV | 6.09 | 5.94 |
S&P 500 TR | 38.02 | 22.17 |
S&P 500 | 36.04 | 20.42 |
Visit https://www.innovatoretfs.com/etf/?ticker=JULQ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $8,103,995 |
Number of Holdings | 6 |
Net Advisory Fee | $65,706 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.48% |
30-Day SEC Yield Unsubsidized | 3.48% |
Visit https://www.innovatoretfs.com/etf/?ticker=JULQ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.5% |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $3,221.82 | 12.2% |
United States Treasury Bill | 1.2% |
United States Treasury Bill | 1.2% |
S&P 500 Mini Index, Expiration: 06/30/2025; Exercise Price: $327.64 | 0.0% |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $3,276.43 | -13.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=JULQ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 40 Barrier ETF™- July | PAGE 2 | TSR-AR-45783Y558 |
1018210803946913069942312820
| | |
| Innovator Premium Income 40 Barrier ETF™ - October | |
OCTQ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 40 Barrier ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=OCTQ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 40 Barrier ETF - October | $81 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 40 Barrier ETF™- October | PAGE 1 | TSR-AR-45783Y483 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/29/2023) |
Innovator Premium Income 40 Barrier ETF - October NAV | 5.60 | 5.30 |
S&P 500 TR | 38.02 | 31.88 |
S&P 500 | 36.04 | 30.03 |
Visit https://www.innovatoretfs.com/etf/?ticker=OCTQ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $12,494,766 |
Number of Holdings | 7 |
Net Advisory Fee | $92,933 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.54% |
30-Day SEC Yield Unsubsidized | 3.54% |
Visit https://www.innovatoretfs.com/etf/?ticker=OCTQ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.2% |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $3,399.82 | 19.1% |
United States Treasury Bill | 1.1% |
United States Treasury Bill | 1.1% |
United States Treasury Bill | 1.1% |
S&P 500 Mini Index, Expiration: 09/30/2025; Exercise Price: $345.74 | 0.0% |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $3,457.44 | -20.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=OCTQ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 40 Barrier ETF™- October | PAGE 2 | TSR-AR-45783Y483 |
1001710578979013512978013305
| | |
| Innovator Premium Income 9 Buffer ETF™ - April | |
HAPR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 9 Buffer ETF™ - April for the period of March 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=HAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 9 Buffer ETF - April | $47 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 9 Buffer ETF™- April | PAGE 1 | TSR-AR-45783Y327 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(03/28/2024) |
Innovator Premium Income 9 Buffer ETF - April NAV | 4.17 |
S&P 500 TR | 9.42 |
S&P 500 | 8.59 |
Visit https://www.innovatoretfs.com/etf/?ticker=HAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $1,875,780 |
Number of Holdings | 6 |
Net Advisory Fee | $7,884 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.71% |
30-Day SEC Yield Unsubsidized | 3.71% |
Visit https://www.innovatoretfs.com/etf/?ticker=HAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.8% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $475.97 | -1.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=HAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 9 Buffer ETF™- April | PAGE 2 | TSR-AR-45783Y327 |
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| Innovator Premium Income 9 Buffer ETF™ - January | |
HJAN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 9 Buffer ETF™ - January for the period of December 29, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=HJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 9 Buffer ETF - January | $68 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 9 Buffer ETF™- January | PAGE 1 | TSR-AR-45783Y384 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(12/29/2023) |
Innovator Premium Income 9 Buffer ETF - January NAV | 6.05 |
S&P 500 TR | 20.97 |
S&P 500 | 19.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=HJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $9,835,086 |
Number of Holdings | 3 |
Net Advisory Fee | $58,895 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.80% |
30-Day SEC Yield Unsubsidized | 3.80% |
Visit https://www.innovatoretfs.com/etf/?ticker=HJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 99.5% |
United States Treasury Bill | 0.5% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $431.91 | -0.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=HJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 9 Buffer ETF™- January | PAGE 2 | TSR-AR-45783Y384 |
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| Innovator Premium Income 9 Buffer ETF™ - July | |
HJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 9 Buffer ETF™ - July for the period of June 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=HJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 9 Buffer ETF - July | $27 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 9 Buffer ETF™- July | PAGE 1 | TSR-AR-45783Y194 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator Premium Income 9 Buffer ETF - July NAV | 2.32 |
S&P 500 TR | 4.93 |
S&P 500 | 4.49 |
Visit https://www.innovatoretfs.com/etf/?ticker=HJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $1,190,840 |
Number of Holdings | 9 |
Net Advisory Fee | $3,972 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.52% |
30-Day SEC Yield Unsubsidized | 3.52% |
Visit https://www.innovatoretfs.com/etf/?ticker=HJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.2% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $495.26 | -1.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=HJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 9 Buffer ETF™- July | PAGE 2 | TSR-AR-45783Y194 |
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| | |
| Innovator Premium Income 9 Buffer ETF™ - October | |
HOCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator Premium Income 9 Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=HOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator Premium Income 9 Buffer ETF - October | $82 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator Premium Income 9 Buffer ETF™- October | PAGE 1 | TSR-AR-45783Y467 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/29/2023) |
Innovator Premium Income 9 Buffer ETF - October NAV | 7.76 | 7.29 |
S&P 500 TR | 38.02 | 31.88 |
S&P 500 | 36.04 | 30.03 |
Visit https://www.innovatoretfs.com/etf/?ticker=HOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $15,369,433 |
Number of Holdings | 12 |
Net Advisory Fee | $103,567 |
Portfolio Turnover | 0% |
30-Day SEC Yield | 3.61% |
30-Day SEC Yield Unsubsidized | 3.61% |
Visit https://www.innovatoretfs.com/etf/?ticker=HOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
United States Treasury Bill | 98.0% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
United States Treasury Bill | 0.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=HOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator Premium Income 9 Buffer ETF™- October | PAGE 2 | TSR-AR-45783Y467 |
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| | |
| Innovator U.S. Equity 10 Buffer ETF™ - Quarterly | |
ZALT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity 10 Buffer ETF™ - Quarterly for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=ZALT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity 10 Buffer ETF - Quarterly | $74 | 0.69% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity 10 Buffer ETF™- Quarterly | PAGE 1 | TSR-AR-45783Y442 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/29/2023) |
Innovator U.S. Equity 10 Buffer ETF - Quarterly NAV | 14.46 | 12.91 |
S&P 500 TR | 38.02 | 31.88 |
S&P 500 | 36.04 | 30.03 |
Visit https://www.innovatoretfs.com/etf/?ticker=ZALT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $256,457,781 |
Number of Holdings | 4 |
Net Advisory Fee | $811,891 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.67% |
30-Day SEC Yield Unsubsidized | -0.67% |
Visit https://www.innovatoretfs.com/etf/?ticker=ZALT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $1.42 | 98.7% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $573.74 | 2.8% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $516.38 | -0.7% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $594.87 | -0.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=ZALT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity 10 Buffer ETF™- Quarterly | PAGE 2 | TSR-AR-45783Y442 |
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| | |
| Innovator U.S. Equity 5 to 15 Buffer ETF™ - Quarterly | |
EALT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity 5 to 15 Buffer ETF™ - Quarterly for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=EALT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly | $78 | 0.69% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity 5 to 15 Buffer ETF™- Quarterly | PAGE 1 | TSR-AR-45783Y475 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/29/2023) |
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly NAV | 24.78 | 20.90 |
S&P 500 TR | 38.02 | 31.88 |
S&P 500 | 36.04 | 30.03 |
Visit https://www.innovatoretfs.com/etf/?ticker=EALT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $102,315,935 |
Number of Holdings | 4 |
Net Advisory Fee | $398,567 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.68% |
30-Day SEC Yield Unsubsidized | -0.68% |
Visit https://www.innovatoretfs.com/etf/?ticker=EALT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $1.40 | 99.2% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $545.07 | 1.4% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $609.79 | -0.3% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $487.70 | -0.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=EALT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity 5 to 15 Buffer ETF™- Quarterly | PAGE 2 | TSR-AR-45783Y475 |
985112293979013512978013305
| | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF™ - April | |
XBAP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated 9 Buffer ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XBAP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - April | $85 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside accelerated performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated 9 Buffer ETF™- April | PAGE 1 | TSR-AR-45783Y301 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2021) |
Innovator U.S. Equity Accelerated 9 Buffer ETF - April NAV | 16.31 | 7.92 |
S&P 500 TR | 38.02 | 12.31 |
S&P 500 | 36.04 | 10.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=XBAP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $86,696,139 |
Number of Holdings | 5 |
Net Advisory Fee | $643,826 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=XBAP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.21 | 100.9% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $523.07 | 11.5% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $523.06 | 1.8% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $475.98 | -1.0% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $556.70 | -13.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XBAP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated 9 Buffer ETF™- April | PAGE 2 | TSR-AR-45783Y301 |
106779972113011314311683997610988151651159297461055614361
| | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF™ - January | |
XBJA (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated 9 Buffer ETF™ - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XBJA. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - January | $85 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside accelerated performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated 9 Buffer ETF™- January | PAGE 1 | TSR-AR-45783Y780 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(12/31/2021) |
Innovator U.S. Equity Accelerated 9 Buffer ETF - January NAV | 15.01 | 5.05 |
S&P 500 TR | 38.02 | 8.23 |
S&P 500 | 36.04 | 6.56 |
Visit https://www.innovatoretfs.com/etf/?ticker=XBJA for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $86,615,519 |
Number of Holdings | 5 |
Net Advisory Fee | $709,973 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=XBJA for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.72 | 107.5% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $475.30 | 18.8% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $475.30 | 0.4% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $432.52 | -0.2% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $505.49 | -26.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XBJA.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated 9 Buffer ETF™- January | PAGE 2 | TSR-AR-45783Y780 |
890799971149782309064125108124879911971
| | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF™ - July | |
XBJL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated 9 Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XBJL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - July | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside accelerated performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated 9 Buffer ETF™- July | PAGE 1 | TSR-AR-45783Y889 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2021) |
Innovator U.S. Equity Accelerated 9 Buffer ETF - July NAV | 18.93 | 8.21 |
S&P 500 TR | 38.02 | 10.54 |
S&P 500 | 36.04 | 8.86 |
Visit https://www.innovatoretfs.com/etf/?ticker=XBJL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $150,391,561 |
Number of Holdings | 5 |
Net Advisory Fee | $794,854 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=XBJL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.41 | 99.9% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.20 | 10.0% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.20 | 3.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $495.22 | -1.8% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $577.74 | -11.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XBJL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated 9 Buffer ETF™- July | PAGE 2 | TSR-AR-45783Y889 |
10316984610942130141076391901012213971107169010975913276
| | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF™ - October | |
XBOC (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated 9 Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XBOC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - October | $85 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside accelerated performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated 9 Buffer ETF™- October | PAGE 1 | TSR-AR-45783Y848 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/30/2021) |
Innovator U.S. Equity Accelerated 9 Buffer ETF - October NAV | 14.08 | 6.96 |
S&P 500 TR | 38.02 | 11.24 |
S&P 500 | 36.04 | 9.54 |
Visit https://www.innovatoretfs.com/etf/?ticker=XBOC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $66,559,702 |
Number of Holdings | 5 |
Net Advisory Fee | $551,033 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=XBOC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.70 | 98.6% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.74 | 7.7% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.74 | 5.2% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $522.10 | -3.1% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $605.95 | -8.7% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XBOC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated 9 Buffer ETF™- October | PAGE 2 | TSR-AR-45783Y848 |
10303949410787123051070191371006413890106918989973613245
| | |
| Innovator U.S. Equity Accelerated ETF® - April | |
XDAP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated ETF® - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XDAP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated ETF - April | $88 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated ETF® - April | PAGE 1 | TSR-AR-45783Y202 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2021) |
Innovator U.S. Equity Accelerated ETF - April NAV | 23.84 | 8.88 |
S&P 500 TR | 38.02 | 12.31 |
S&P 500 | 36.04 | 10.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=XDAP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $7,744,082 |
Number of Holdings | 3 |
Net Advisory Fee | $51,764 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=XDAP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.26 | 98.7% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $523.08 | 11.3% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $568.63 | -10.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XDAP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated ETF® - April | PAGE 2 | TSR-AR-45783Y202 |
111869868109551356611683997610988151651159297461055614361
| | |
| Innovator U.S. Equity Accelerated ETF® - January | |
XDJA (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated ETF® - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XDJA. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated ETF - January | $88 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated ETF® - January | PAGE 1 | TSR-AR-45783Y764 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(12/31/2021) |
Innovator U.S. Equity Accelerated ETF - January NAV | 22.59 | 4.51 |
S&P 500 TR | 38.02 | 8.23 |
S&P 500 | 36.04 | 6.56 |
Visit https://www.innovatoretfs.com/etf/?ticker=XDJA for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $9,800,788 |
Number of Holdings | 3 |
Net Advisory Fee | $63,479 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=XDJA for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.78 | 103.9% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $475.31 | 18.1% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $516.19 | -22.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XDJA.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated ETF® - January | PAGE 2 | TSR-AR-45783Y764 |
804092441133282309064125108124879911971
| | |
| Innovator U.S. Equity Accelerated ETF® - July | |
XDJL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated ETF® - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XDJL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated ETF - July | $90 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated ETF® - July | PAGE 1 | TSR-AR-45783Y707 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2021) |
Innovator U.S. Equity Accelerated ETF - July NAV | 27.24 | 8.54 |
S&P 500 TR | 38.02 | 10.54 |
S&P 500 | 36.04 | 8.86 |
Visit https://www.innovatoretfs.com/etf/?ticker=XDJL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $10,975,976 |
Number of Holdings | 3 |
Net Advisory Fee | $72,316 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=XDJL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.47 | 99.1% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.22 | 9.9% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $588.85 | -9.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XDJL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated ETF® - July | PAGE 2 | TSR-AR-45783Y707 |
10598901110331131461076391901012213971107169010975913276
| | |
| Innovator U.S. Equity Accelerated ETF® - October | |
XDOC (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated ETF® - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XDOC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated ETF - October | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated ETF® - October | PAGE 1 | TSR-AR-45782C110 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/30/2021) |
Innovator U.S. Equity Accelerated ETF - October NAV | 19.38 | 6.80 |
S&P 500 TR | 38.02 | 11.24 |
S&P 500 | 36.04 | 9.54 |
Visit https://www.innovatoretfs.com/etf/?ticker=XDOC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $5,155,895 |
Number of Holdings | 3 |
Net Advisory Fee | $47,170 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=XDOC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.77 | 98.8% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.76 | 7.7% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $617.71 | -6.7% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XDOC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated ETF® - October | PAGE 2 | TSR-AR-45782C110 |
10511871410261122501070191371006413890106918989973613245
| | |
| Innovator U.S. Equity Accelerated ETF® - Quarterly | |
XDSQ (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated ETF® - Quarterly for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XDSQ. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated ETF - Quarterly | $90 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated ETF® - Quarterly | PAGE 1 | TSR-AR-45783Y103 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2021) |
Innovator U.S. Equity Accelerated ETF - Quarterly NAV | 28.82 | 9.30 |
S&P 500 TR | 38.02 | 12.31 |
S&P 500 | 36.04 | 10.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=XDSQ for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $51,473,999 |
Number of Holdings | 3 |
Net Advisory Fee | $466,091 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.78% |
30-Day SEC Yield Unsubsidized | -0.78% |
Visit https://www.innovatoretfs.com/etf/?ticker=XDSQ for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $1.45 | 99.3% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $573.76 | 2.6% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $592.92 | -1.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XDSQ.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated ETF® - Quarterly | PAGE 2 | TSR-AR-45783Y103 |
111379019106781375511683997610988151651159297461055614361
| | |
| Innovator U.S. Equity Accelerated Plus ETF® - April | |
XTAP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated Plus ETF® - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XTAP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated Plus ETF - April | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated Plus ETF® - April | PAGE 1 | TSR-AR-45783Y400 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2021) |
Innovator U.S. Equity Accelerated Plus ETF - April NAV | 21.15 | 8.16 |
S&P 500 TR | 38.02 | 12.31 |
S&P 500 | 36.04 | 10.62 |
Visit https://www.innovatoretfs.com/etf/?ticker=XTAP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $10,925,146 |
Number of Holdings | 3 |
Net Advisory Fee | $76,365 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=XTAP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.20 | 99.3% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $523.06 | 22.7% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $550.90 | -22.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XTAP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated Plus ETF® - April | PAGE 2 | TSR-AR-45783Y400 |
111119814109371325011683997610988151651159297461055614361
| | |
| Innovator U.S. Equity Accelerated Plus ETF® - January | |
XTJA (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated Plus ETF® - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XTJA. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated Plus ETF - January | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated Plus ETF® - January | PAGE 1 | TSR-AR-45783Y772 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(12/31/2021) |
Innovator U.S. Equity Accelerated Plus ETF - January NAV | 18.78 | 3.61 |
S&P 500 TR | 38.02 | 8.23 |
S&P 500 | 36.04 | 6.56 |
Visit https://www.innovatoretfs.com/etf/?ticker=XTJA for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $17,073,853 |
Number of Holdings | 3 |
Net Advisory Fee | $143,197 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=XTJA for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.71 | 104.8% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $475.28 | 36.6% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $500.45 | -41.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XTJA.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated Plus ETF® - January | PAGE 2 | TSR-AR-45783Y772 |
804193071105682309064125108124879911971
| | |
| Innovator U.S. Equity Accelerated Plus ETF® - July | |
XTJL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated Plus ETF® - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XTJL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated Plus ETF - July | $89 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated Plus ETF® - July | PAGE 1 | TSR-AR-45783Y806 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2021) |
Innovator U.S. Equity Accelerated Plus ETF - July NAV | 25.14 | 7.58 |
S&P 500 TR | 38.02 | 10.54 |
S&P 500 | 36.04 | 8.86 |
Visit https://www.innovatoretfs.com/etf/?ticker=XTJL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $11,469,781 |
Number of Holdings | 3 |
Net Advisory Fee | $94,335 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=XTJL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.39 | 99.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.19 | 19.9% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $571.92 | -19.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XTJL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated Plus ETF® - July | PAGE 2 | TSR-AR-45783Y806 |
10556899410197127611076391901012213971107169010975913276
| | |
| Innovator U.S. Equity Accelerated Plus ETF® - October | |
XTOC (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Accelerated Plus ETF® - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=XTOC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Accelerated Plus ETF - October | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to provide accelerated returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated Cap over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the Fund will generally provide similar losses to the S&P 500 Index at the end of the Outcome Period. Alternatively, in markets where the S&P 500 Index is appreciating, the Fund seeks to provide accelerated returns of SPY, limited by the Fund’s Cap, which limits the amount of potential accelerated Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap may also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Accelerated Plus ETF® - October | PAGE 1 | TSR-AR-45783Y830 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(09/30/2021) |
Innovator U.S. Equity Accelerated Plus ETF - October NAV | 18.02 | 5.78 |
S&P 500 TR | 38.02 | 11.24 |
S&P 500 | 36.04 | 9.54 |
Visit https://www.innovatoretfs.com/etf/?ticker=XTOC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $14,302,068 |
Number of Holdings | 3 |
Net Advisory Fee | $136,114 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.75% |
30-Day SEC Yield Unsubsidized | -0.75% |
Visit https://www.innovatoretfs.com/etf/?ticker=XTOC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.69 | 98.6% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.73 | 15.5% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $601.01 | -14.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=XTOC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Accelerated Plus ETF® - October | PAGE 2 | TSR-AR-45783Y830 |
10520866510078118941070191371006413890106918989973613245
| | |
| Innovator U.S. Equity Buffer ETF™ - April | |
BAPR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - April | $89 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- April | PAGE 1 | TSR-AR-45782C888 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(03/29/2019) |
Innovator U.S. Equity Buffer ETF - April NAV | 25.38 | 10.13 | 10.29 |
S&P 500 TR | 38.02 | 15.27 | 15.20 |
S&P 500 | 36.04 | 13.44 | 13.33 |
Visit https://www.innovatoretfs.com/etf/?ticker=BAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $261,064,481 |
Number of Holdings | 4 |
Net Advisory Fee | $1,760,569 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=BAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.24 | 99.9% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $523.08 | 1.8% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $475.99 | -1.0% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $618.95 | -1.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- April | PAGE 2 | TSR-AR-45782C888 |
106781138813142123551379417295108371189016992145091598122056107171153716248136611479620129
| | |
| Innovator U.S. Equity Buffer ETF™ - August | |
BAUG (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - August for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BAUG. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - August | $91 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- August | PAGE 1 | TSR-AR-45782C698 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(07/31/2019) |
Innovator U.S. Equity Buffer ETF - August NAV | 30.88 | 10.76 | 10.62 |
S&P 500 TR | 38.02 | 15.27 | 15.01 |
S&P 500 | 36.04 | 13.44 | 13.16 |
Visit https://www.innovatoretfs.com/etf/?ticker=BAUG for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $180,816,724 |
Number of Holdings | 4 |
Net Advisory Fee | $1,486,416 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=BAUG for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $5.52 | 99.6% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $550.83 | 3.7% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $639.44 | -1.4% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $501.24 | -2.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BAUG.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- August | PAGE 2 | TSR-AR-45782C698 |
101941097713041119811298216991102431123816060137131510420847101921097215452129921407119143
| | |
| Innovator U.S. Equity Buffer ETF™ - December | |
BDEC (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - December for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BDEC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - December | $89 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- December | PAGE 1 | TSR-AR-45782C557 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(11/29/2019) |
Innovator U.S. Equity Buffer ETF - December NAV | 26.32 | 10.56 |
S&P 500 TR | 38.02 | 14.69 |
S&P 500 | 36.04 | 12.89 |
Visit https://www.innovatoretfs.com/etf/?ticker=BDEC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $125,503,680 |
Number of Holdings | 4 |
Net Advisory Fee | $1,077,789 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=BDEC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $4.58 | 106.1% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $456.41 | 0.1% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $415.32 | -0.1% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $542.02 | -6.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BDEC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- December | PAGE 2 | TSR-AR-45782C557 |
105041289511997129781639310587151301291914230196391041114662123271335218165
| | |
| Innovator U.S. Equity Buffer ETF™ - February | |
BFEB (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - February for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BFEB. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - February | $90 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- February | PAGE 1 | TSR-AR-45782C433 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(01/31/2020) |
Innovator U.S. Equity Buffer ETF - February NAV | 28.11 | 11.98 |
S&P 500 TR | 38.02 | 14.56 |
S&P 500 | 36.04 | 12.76 |
Visit https://www.innovatoretfs.com/etf/?ticker=BFEB for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $131,167,903 |
Number of Holdings | 4 |
Net Advisory Fee | $1,335,281 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=BFEB for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $4.84 | 104.2% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $482.89 | 0.6% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $439.42 | -0.4% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $564.63 | -4.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BFEB.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- February | PAGE 2 | TSR-AR-45782C433 |
102321290112079133621711810281146921254613818190711013814278120041300217688
| | |
| Innovator U.S. Equity Buffer ETF™ - January | |
BJAN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - January | $91 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- January | PAGE 1 | TSR-AR-45782C409 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(12/31/2018) |
Innovator U.S. Equity Buffer ETF - January NAV | 29.64 | 10.48 | 12.11 |
S&P 500 TR | 38.02 | 15.27 | 17.06 |
S&P 500 | 36.04 | 13.44 | 15.14 |
Visit https://www.innovatoretfs.com/etf/?ticker=BJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $253,121,510 |
Number of Holdings | 4 |
Net Advisory Fee | $1,901,143 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=BJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.77 | 103.9% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $475.32 | 0.4% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $432.53 | -0.2% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $560.87 | -4.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- January | PAGE 2 | TSR-AR-45782C409 |
118381242915393138501502719481123161351219311164891816225067121171304418371154461672922759
| | |
| Innovator U.S. Equity Buffer ETF™ - July | |
BJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - July | $90 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- July | PAGE 1 | TSR-AR-45782C789 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(08/28/2018) |
Innovator U.S. Equity Buffer ETF - July NAV | 28.22 | 10.36 | 9.02 |
S&P 500 TR | 38.02 | 15.27 | 13.48 |
S&P 500 | 36.04 | 13.44 | 11.60 |
Visit https://www.innovatoretfs.com/etf/?ticker=BJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $259,766,278 |
Number of Holdings | 4 |
Net Advisory Fee | $2,137,659 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=BJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.46 | 99.5% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.24 | 3.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $638.97 | -1.1% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $495.24 | -1.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- July | PAGE 2 | TSR-AR-45782C789 |
964710409109031281512086132921704393861073011772168241436615823218399359104831128515894133631447419691
| | |
| Innovator U.S. Equity Buffer ETF™ - June | |
BJUN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - June for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BJUN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - June | $89 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- June | PAGE 1 | TSR-AR-45782C755 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(05/31/2019) |
Innovator U.S. Equity Buffer ETF - June NAV | 25.33 | 8.15 | 9.06 |
S&P 500 TR | 38.02 | 15.27 | 16.27 |
S&P 500 | 36.04 | 13.44 | 14.40 |
Visit https://www.innovatoretfs.com/etf/?ticker=BJUN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $150,937,451 |
Number of Holdings | 4 |
Net Advisory Fee | $930,901 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=BJUN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $5.28 | 100.7% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $527.38 | 2.4% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $479.91 | -1.3% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $615.18 | -2.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BJUN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- June | PAGE 2 | TSR-AR-45782C755 |
108101154613408120761276315997111221220217439148911640122637110371188216734140691523920732
| | |
| Innovator U.S. Equity Buffer ETF™ - March | |
BMAR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - March for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BMAR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - March | $89 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- March | PAGE 1 | TSR-AR-45782C391 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(02/28/2020) |
Innovator U.S. Equity Buffer ETF - March NAV | 25.64 | 12.39 |
S&P 500 TR | 38.02 | 16.94 |
S&P 500 | 36.04 | 15.12 |
Visit https://www.innovatoretfs.com/etf/?ticker=BMAR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $173,954,778 |
Number of Holdings | 4 |
Net Advisory Fee | $1,202,779 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=BMAR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $5.09 | 100.8% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $508.09 | 1.2% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $462.35 | -0.6% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $600.80 | -1.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BMAR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- March | PAGE 2 | TSR-AR-45782C391 |
107361309612277137371725911203160101367115058207821106915589131071419619313
| | |
| Innovator U.S. Equity Buffer ETF™ - May | |
BMAY (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - May for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BMAY. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - May | $90 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- May | PAGE 1 | TSR-AR-45782C326 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(04/30/2020) |
Innovator U.S. Equity Buffer ETF - May NAV | 28.62 | 9.99 |
S&P 500 TR | 38.02 | 17.93 |
S&P 500 | 36.04 | 16.10 |
Visit https://www.innovatoretfs.com/etf/?ticker=BMAY for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $130,879,381 |
Number of Holdings | 4 |
Net Advisory Fee | $996,104 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=BMAY for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $5.03 | 102.4% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $501.99 | 1.6% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $456.80 | -0.9% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $593.44 | -3.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BMAY.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- May | PAGE 2 | TSR-AR-45782C326 |
108941270011341119411535811329161911382515228210171122815813132951440019590
| | |
| Innovator U.S. Equity Buffer ETF™ - November | |
BNOV (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - November for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BNOV. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - November | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- November | PAGE 1 | TSR-AR-45782C581 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(10/31/2019) |
Innovator U.S. Equity Buffer ETF - November NAV | 19.76 | 8.45 | 8.45 |
S&P 500 TR | 38.02 | 15.27 | 15.27 |
S&P 500 | 36.04 | 13.44 | 13.44 |
Visit https://www.innovatoretfs.com/etf/?ticker=BNOV for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $99,575,455 |
Number of Holdings | 6 |
Net Advisory Fee | $846,254 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=BNOV for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $5.70 | 99.1% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $568.66 | 5.1% |
SPDR S&P 500 ETF, Expiration: 10/31/2024; Exercise Price: $380.56 | 0.0% |
SPDR S&P 500 ETF, Expiration: 10/31/2024; Exercise Price: $418.21 | 0.0% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $659.11 | -1.4% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $517.46 | -3.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BNOV.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- November | PAGE 2 | TSR-AR-45782C581 |
100001070012619116541252615001100001097115679133881474620352100001076515161127471380618783
| | |
| Innovator U.S. Equity Buffer ETF™ - October | |
BOCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - October | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- October | PAGE 1 | TSR-AR-45782C771 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(09/28/2018) |
Innovator U.S. Equity Buffer ETF - October NAV | 20.71 | 10.92 | 9.37 |
S&P 500 TR | 38.02 | 15.27 | 13.55 |
S&P 500 | 36.04 | 13.44 | 11.66 |
Visit https://www.innovatoretfs.com/etf/?ticker=BOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $233,051,676 |
Number of Holdings | 4 |
Net Advisory Fee | $1,424,007 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=BOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.75 | 98.8% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.78 | 5.2% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $658.73 | -1.1% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $522.12 | -3.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- October | PAGE 2 | TSR-AR-45782C771 |
956510281111561387112861142981725993161065111685167001426015706216789306104241122215804132881439219580
| | |
| Innovator U.S. Equity Buffer ETF™ - September | |
BSEP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Buffer ETF™ - September for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=BSEP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Buffer ETF - September | $89 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Buffer ETF™- September | PAGE 1 | TSR-AR-45782C664 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(08/30/2019) |
Innovator U.S. Equity Buffer ETF - September NAV | 26.47 | 10.93 | 11.16 |
S&P 500 TR | 38.02 | 15.27 | 15.63 |
S&P 500 | 36.04 | 13.44 | 13.78 |
Visit https://www.innovatoretfs.com/etf/?ticker=BSEP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $202,198,028 |
Number of Holdings | 4 |
Net Advisory Fee | $1,296,737 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=BSEP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $5.65 | 99.3% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $563.70 | 4.4% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $648.34 | -1.3% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $512.95 | -2.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=BSEP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Buffer ETF™- September | PAGE 2 | TSR-AR-45782C664 |
102911089013468125081366617283104081141816318139341534821182103801117415737132311433119496
| | |
| Innovator U.S. Equity Power Buffer ETF™ - April | |
PAPR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - April | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- April | PAGE 1 | TSR-AR-45782C870 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(03/29/2019) |
Innovator U.S. Equity Power Buffer ETF - April NAV | 18.60 | 7.05 | 7.29 |
S&P 500 TR | 38.02 | 15.27 | 15.20 |
S&P 500 | 36.04 | 13.44 | 13.33 |
Visit https://www.innovatoretfs.com/etf/?ticker=PAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $786,290,786 |
Number of Holdings | 4 |
Net Advisory Fee | $6,027,871 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=PAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.23 | 100.8% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $523.07 | 1.8% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $444.61 | -0.7% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $598.71 | -2.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- April | PAGE 2 | TSR-AR-45782C870 |
105441096612002114871249614820108371189016992145091598122056107171153716248136611479620129
| | |
| Innovator U.S. Equity Power Buffer ETF™ - August | |
PAUG (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - August for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PAUG. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - August | $88 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- August | PAGE 1 | TSR-AR-45782C680 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(07/31/2019) |
Innovator U.S. Equity Power Buffer ETF - August NAV | 22.95 | 8.48 | 8.40 |
S&P 500 TR | 38.02 | 15.27 | 15.01 |
S&P 500 | 36.04 | 13.44 | 13.16 |
Visit https://www.innovatoretfs.com/etf/?ticker=PAUG for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $851,946,578 |
Number of Holdings | 4 |
Net Advisory Fee | $6,556,108 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=PAUG for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $5.51 | 99.9% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $550.81 | 3.7% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $468.19 | -1.5% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $621.37 | -2.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PAUG.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- August | PAGE 2 | TSR-AR-45782C680 |
101651087112141114151242315274102431123816060137131510420847101921097215452129921407119143
| | |
| Innovator U.S. Equity Power Buffer ETF™ - December | |
PDEC (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - December for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PDEC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - December | $88 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- December | PAGE 1 | TSR-AR-45782C540 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(11/29/2019) |
Innovator U.S. Equity Power Buffer ETF - December NAV | 21.76 | 7.98 |
S&P 500 TR | 38.02 | 14.69 |
S&P 500 | 36.04 | 12.89 |
Visit https://www.innovatoretfs.com/etf/?ticker=PDEC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $737,786,278 |
Number of Holdings | 4 |
Net Advisory Fee | $6,177,051 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=PDEC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $4.56 | 109.9% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $456.40 | 0.1% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $387.94 | -0.1% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $521.07 | -10.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PDEC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- December | PAGE 2 | TSR-AR-45782C540 |
103851174511373119851459310587151301291914230196391041114662123271335218165
| | |
| Innovator U.S. Equity Power Buffer ETF™ - February | |
PFEB (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - February for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PFEB. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - February | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- February | PAGE 1 | TSR-AR-45782C417 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(01/31/2020) |
Innovator U.S. Equity Power Buffer ETF - February NAV | 20.29 | 8.49 |
S&P 500 TR | 38.02 | 14.56 |
S&P 500 | 36.04 | 12.76 |
Visit https://www.innovatoretfs.com/etf/?ticker=PFEB for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $644,564,872 |
Number of Holdings | 4 |
Net Advisory Fee | $5,142,614 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=PFEB for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $4.83 | 106.7% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $482.88 | 0.7% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $410.45 | -0.3% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $546.86 | -7.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PFEB.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- February | PAGE 2 | TSR-AR-45782C417 |
102061182911354122431472710281146921254613818190711013814278120041300217688
| | |
| Innovator U.S. Equity Power Buffer ETF™ - January | |
PJAN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - January | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- January | PAGE 1 | TSR-AR-45782C508 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(12/31/2018) |
Innovator U.S. Equity Power Buffer ETF - January NAV | 20.93 | 8.05 | 8.98 |
S&P 500 TR | 38.02 | 15.27 | 17.06 |
S&P 500 | 36.04 | 13.44 | 15.14 |
Visit https://www.innovatoretfs.com/etf/?ticker=PJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $986,882,100 |
Number of Holdings | 4 |
Net Advisory Fee | $8,066,784 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=PJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.75 | 106.5% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $475.31 | 0.4% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $404.01 | -0.2% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $543.04 | -7.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- January | PAGE 2 | TSR-AR-45782C508 |
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| Innovator U.S. Equity Power Buffer ETF™ - July | |
PJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - July | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- July | PAGE 1 | TSR-AR-45782C813 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(08/07/2018) |
Innovator U.S. Equity Power Buffer ETF - July NAV | 20.84 | 9.01 | 7.97 |
S&P 500 TR | 38.02 | 15.27 | 13.63 |
S&P 500 | 36.04 | 13.44 | 11.73 |
Visit https://www.innovatoretfs.com/etf/?ticker=PJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $971,163,968 |
Number of Holdings | 4 |
Net Advisory Fee | $7,275,608 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=PJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.44 | 99.8% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.22 | 3.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $462.59 | -1.2% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $618.78 | -2.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- July | PAGE 2 | TSR-AR-45782C813 |
983210474109871217111978133451612795291089411952170811458516065221729487106271144016111135461467219960
| | |
| Innovator U.S. Equity Power Buffer ETF™ - June | |
PJUN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - June for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PJUN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - June | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- June | PAGE 1 | TSR-AR-45782C748 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(05/31/2019) |
Innovator U.S. Equity Power Buffer ETF - June NAV | 18.51 | 6.58 | 7.13 |
S&P 500 TR | 38.02 | 15.27 | 16.27 |
S&P 500 | 36.04 | 13.44 | 14.40 |
Visit https://www.innovatoretfs.com/etf/?ticker=PJUN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $614,245,767 |
Number of Holdings | 4 |
Net Advisory Fee | $4,416,446 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=PJUN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $5.27 | 101.6% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $527.37 | 2.4% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $448.26 | -0.9% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $597.98 | -3.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PJUN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- June | PAGE 2 | TSR-AR-45782C748 |
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| | |
| Innovator U.S. Equity Power Buffer ETF™ - March | |
PMAR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - March for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PMAR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - March | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- March | PAGE 1 | TSR-AR-45782C383 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(02/28/2020) |
Innovator U.S. Equity Power Buffer ETF - March NAV | 18.26 | 9.20 |
S&P 500 TR | 38.02 | 16.94 |
S&P 500 | 36.04 | 15.12 |
Visit https://www.innovatoretfs.com/etf/?ticker=PMAR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $557,181,516 |
Number of Holdings | 4 |
Net Advisory Fee | $4,320,305 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=PMAR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $5.08 | 102.5% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $508.08 | 1.2% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $431.87 | -0.5% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $579.52 | -3.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PMAR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- March | PAGE 2 | TSR-AR-45782C383 |
105301200511678127571508611203160101367115058207821106915589131071419619313
| | |
| Innovator U.S. Equity Power Buffer ETF™ - May | |
PMAY (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - May for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PMAY. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - May | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- May | PAGE 1 | TSR-AR-45782C318 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(04/30/2020) |
Innovator U.S. Equity Power Buffer ETF - May NAV | 20.63 | 7.31 |
S&P 500 TR | 38.02 | 17.93 |
S&P 500 | 36.04 | 16.10 |
Visit https://www.innovatoretfs.com/etf/?ticker=PMAY for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $562,564,016 |
Number of Holdings | 4 |
Net Advisory Fee | $4,056,824 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=PMAY for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $5.02 | 104.2% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $501.98 | 1.6% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $426.68 | -0.7% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $573.81 | -5.4% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PMAY.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- May | PAGE 2 | TSR-AR-45782C318 |
106691179310932113901374011329161911382515228210171122815813132951440019590
| | |
| Innovator U.S. Equity Power Buffer ETF™ - November | |
PNOV (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - November for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PNOV. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - November | $85 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- November | PAGE 1 | TSR-AR-45782C573 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(10/31/2019) |
Innovator U.S. Equity Power Buffer ETF - November NAV | 14.97 | 7.76 | 7.76 |
S&P 500 TR | 38.02 | 15.27 | 15.27 |
S&P 500 | 36.04 | 13.44 | 13.44 |
Visit https://www.innovatoretfs.com/etf/?ticker=PNOV for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $669,557,166 |
Number of Holdings | 6 |
Net Advisory Fee | $5,843,204 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=PNOV for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $5.69 | 99.1% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $568.64 | 5.2% |
SPDR S&P 500 ETF, Expiration: 10/31/2024; Exercise Price: $355.47 | 0.0% |
SPDR S&P 500 ETF, Expiration: 10/31/2024; Exercise Price: $418.20 | 0.0% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $483.34 | -2.2% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $639.44 | -2.3% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PNOV.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- November | PAGE 2 | TSR-AR-45782C573 |
100001069411956117571263814530100001097115679133881474620352100001076515161127471380618783
| | |
| Innovator U.S. Equity Power Buffer ETF™ - October | |
POCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=POCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - October | $85 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- October | PAGE 1 | TSR-AR-45782C797 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(09/28/2018) |
Innovator U.S. Equity Power Buffer ETF - October NAV | 15.29 | 9.50 | 8.21 |
S&P 500 TR | 38.02 | 15.27 | 13.55 |
S&P 500 | 36.04 | 13.44 | 11.66 |
Visit https://www.innovatoretfs.com/etf/?ticker=POCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $847,371,173 |
Number of Holdings | 4 |
Net Advisory Fee | $5,406,909 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=POCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.74 | 98.6% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.76 | 5.3% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $638.94 | -1.9% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $487.70 | -2.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=POCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- October | PAGE 2 | TSR-AR-45782C797 |
961110274108641254112409140271617293161065111685167001426015706216789306104241122215804132881439219580
| | |
| Innovator U.S. Equity Power Buffer ETF™ - September | |
PSEP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Power Buffer ETF™ - September for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=PSEP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Power Buffer ETF - September | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Power Buffer ETF™- September | PAGE 1 | TSR-AR-45782C656 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(08/30/2019) |
Innovator U.S. Equity Power Buffer ETF - September NAV | 19.64 | 8.79 | 8.97 |
S&P 500 TR | 38.02 | 15.27 | 15.63 |
S&P 500 | 36.04 | 13.44 | 13.78 |
Visit https://www.innovatoretfs.com/etf/?ticker=PSEP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $891,228,112 |
Number of Holdings | 4 |
Net Advisory Fee | $5,883,285 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=PSEP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $5.64 | 99.4% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $563.68 | 4.4% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $479.13 | -1.8% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $630.19 | -2.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=PSEP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Power Buffer ETF™- September | PAGE 2 | TSR-AR-45782C656 |
102291057712189118351302915589104081141816318139341534821182103801117415737132311433119496
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - April | |
UAPR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - April | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- April | PAGE 1 | TSR-AR-45782C805 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(03/29/2019) |
Innovator U.S. Equity Ultra Buffer ETF - April NAV | 18.28 | 3.27 | 3.84 |
S&P 500 TR | 38.02 | 15.27 | 15.20 |
S&P 500 | 36.04 | 13.44 | 13.33 |
Visit https://www.innovatoretfs.com/etf/?ticker=UAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $146,896,047 |
Number of Holdings | 4 |
Net Advisory Fee | $1,092,569 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=UAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.22 | 100.6% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $496.92 | 1.3% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $340.00 | -0.2% |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $602.73 | -1.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- April | PAGE 2 | TSR-AR-45782C805 |
105071002510658101691043512343108371189016992145091598122056107171153716248136611479620129
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - August | |
UAUG (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - August for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UAUG. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - August | $88 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- August | PAGE 1 | TSR-AR-45782C672 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(07/31/2019) |
Innovator U.S. Equity Ultra Buffer ETF - August NAV | 23.17 | 6.67 | 6.67 |
S&P 500 TR | 38.02 | 15.27 | 15.01 |
S&P 500 | 36.04 | 13.44 | 13.16 |
Visit https://www.innovatoretfs.com/etf/?ticker=UAUG for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $232,707,475 |
Number of Holdings | 4 |
Net Advisory Fee | $2,132,016 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=UAUG for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $5.49 | 99.7% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $523.27 | 2.7% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $358.03 | -0.5% |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $624.84 | -2.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UAUG.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- August | PAGE 2 | TSR-AR-45782C672 |
101641082111674105231139814040102431123816060137131510420847101921097215452129921407119143
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - December | |
UDEC (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - December for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UDEC. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - December | $88 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- December | PAGE 1 | TSR-AR-45782C532 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(11/29/2019) |
Innovator U.S. Equity Ultra Buffer ETF - December NAV | 22.58 | 6.02 |
S&P 500 TR | 38.02 | 14.69 |
S&P 500 | 36.04 | 12.89 |
Visit https://www.innovatoretfs.com/etf/?ticker=UDEC for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $71,303,357 |
Number of Holdings | 4 |
Net Advisory Fee | $638,543 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=UDEC for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $4.55 | 109.8% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $433.58 | 0.1% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $296.66 | 0.0% |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $521.44 | -10.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UDEC.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- December | PAGE 2 | TSR-AR-45782C532 |
102841129610632108811333810587151301291914230196391041114662123271335218165
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - February | |
UFEB (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - February for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UFEB. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - February | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- February | PAGE 1 | TSR-AR-45782C425 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(01/31/2020) |
Innovator U.S. Equity Ultra Buffer ETF - February NAV | 20.44 | 6.21 |
S&P 500 TR | 38.02 | 14.56 |
S&P 500 | 36.04 | 12.76 |
Visit https://www.innovatoretfs.com/etf/?ticker=UFEB for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $56,303,720 |
Number of Holdings | 4 |
Net Advisory Fee | $564,860 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=UFEB for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $4.82 | 106.3% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $458.74 | 0.5% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $313.87 | 0.0% |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $548.55 | -7.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UFEB.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- February | PAGE 2 | TSR-AR-45782C425 |
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| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - January | |
UJAN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - January | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- January | PAGE 1 | TSR-AR-45782C300 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(12/31/2018) |
Innovator U.S. Equity Ultra Buffer ETF - January NAV | 18.68 | 6.65 | 7.48 |
S&P 500 TR | 38.02 | 15.27 | 17.06 |
S&P 500 | 36.04 | 13.44 | 15.14 |
Visit https://www.innovatoretfs.com/etf/?ticker=UJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $160,428,275 |
Number of Holdings | 4 |
Net Advisory Fee | $1,319,001 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=UJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.74 | 106.8% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $451.54 | 0.3% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $308.95 | -0.1% |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $541.57 | -7.2% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- January | PAGE 2 | TSR-AR-45782C300 |
110391130812509117801283315230123161351219311164891816225067121171304418371154461672922759
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - July | |
UJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - July | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- July | PAGE 1 | TSR-AR-45782C839 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(08/07/2018) |
Innovator U.S. Equity Ultra Buffer ETF - July NAV | 21.22 | 6.46 | 5.90 |
S&P 500 TR | 38.02 | 15.27 | 13.63 |
S&P 500 | 36.04 | 13.44 | 11.73 |
Visit https://www.innovatoretfs.com/etf/?ticker=UJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $144,404,833 |
Number of Holdings | 4 |
Net Advisory Fee | $884,911 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=UJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.43 | 99.6% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $517.01 | 2.4% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $353.74 | -0.4% |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $622.48 | -1.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- July | PAGE 2 | TSR-AR-45782C839 |
980510453108051158110839117901429295291089411952170811458516065221729487106271144016111135461467219960
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - June | |
UJUN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - June for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UJUN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - June | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- June | PAGE 1 | TSR-AR-45782C730 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(05/31/2019) |
Innovator U.S. Equity Ultra Buffer ETF - June NAV | 18.43 | 5.25 | 5.82 |
S&P 500 TR | 38.02 | 15.27 | 16.27 |
S&P 500 | 36.04 | 13.44 | 14.40 |
Visit https://www.innovatoretfs.com/etf/?ticker=UJUN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $91,084,896 |
Number of Holdings | 4 |
Net Advisory Fee | $581,482 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=UJUN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $5.26 | 101.3% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $501.00 | 1.7% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $342.79 | -0.3% |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $602.89 | -2.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UJUN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- June | PAGE 2 | TSR-AR-45782C730 |
105191117811972110241147413589111221220217439148911640122637110371188216734140691523920732
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - March | |
UMAR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - March for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UMAR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - March | $86 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- March | PAGE 1 | TSR-AR-45782C375 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(02/28/2020) |
Innovator U.S. Equity Ultra Buffer ETF - March NAV | 18.21 | 6.46 |
S&P 500 TR | 38.02 | 16.94 |
S&P 500 | 36.04 | 15.12 |
Visit https://www.innovatoretfs.com/etf/?ticker=UMAR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $81,910,943 |
Number of Holdings | 4 |
Net Advisory Fee | $798,761 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=UMAR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $5.07 | 102.2% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $482.68 | 0.8% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $330.25 | -0.2% |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $583.23 | -3.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UMAR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- March | PAGE 2 | TSR-AR-45782C375 |
103531136410892113371340111203160101367115058207821106915589131071419619313
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - May | |
UMAY (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - May for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UMAY. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - May | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- May | PAGE 1 | TSR-AR-45782C292 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(04/30/2020) |
Innovator U.S. Equity Ultra Buffer ETF - May NAV | 20.58 | 5.75 |
S&P 500 TR | 38.02 | 17.93 |
S&P 500 | 36.04 | 16.10 |
Visit https://www.innovatoretfs.com/etf/?ticker=UMAY for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $52,739,911 |
Number of Holdings | 4 |
Net Advisory Fee | $469,507 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=UMAY for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $5.01 | 103.7% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $476.88 | 1.2% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $326.29 | -0.2% |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $578.08 | -4.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UMAY.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- May | PAGE 2 | TSR-AR-45782C292 |
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| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - November | |
UNOV (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - November for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UNOV. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - November | $85 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- November | PAGE 1 | TSR-AR-45782C565 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(10/31/2019) |
Innovator U.S. Equity Ultra Buffer ETF - November NAV | 14.64 | 5.91 | 5.91 |
S&P 500 TR | 38.02 | 15.27 | 15.27 |
S&P 500 | 36.04 | 13.44 | 13.44 |
Visit https://www.innovatoretfs.com/etf/?ticker=UNOV for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $39,121,633 |
Number of Holdings | 6 |
Net Advisory Fee | $380,662 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=UNOV for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $5.67 | 99.0% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $540.21 | 3.9% |
SPDR S&P 500 ETF, Expiration: 10/31/2024; Exercise Price: $271.83 | 0.0% |
SPDR S&P 500 ETF, Expiration: 10/31/2024; Exercise Price: $397.29 | 0.0% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $369.62 | -0.7% |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $635.57 | -2.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UNOV.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- November | PAGE 2 | TSR-AR-45782C565 |
100001068811474108141162313325100001097115679133881474620352100001076515161127471380618783
| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - October | |
UOCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=UOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - October | $85 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- October | PAGE 1 | TSR-AR-45782C821 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(09/28/2018) |
Innovator U.S. Equity Ultra Buffer ETF - October NAV | 14.94 | 7.21 | 6.28 |
S&P 500 TR | 38.02 | 15.27 | 13.55 |
S&P 500 | 36.04 | 13.44 | 11.66 |
Visit https://www.innovatoretfs.com/etf/?ticker=UOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $162,057,813 |
Number of Holdings | 4 |
Net Advisory Fee | $791,169 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.75% |
30-Day SEC Yield Unsubsidized | -0.75% |
Visit https://www.innovatoretfs.com/etf/?ticker=UOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.72 | 98.6% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $545.07 | 4.0% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $372.94 | -0.7% |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $636.54 | -2.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=UOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- October | PAGE 2 | TSR-AR-45782C821 |
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| | |
| Innovator U.S. Equity Ultra Buffer ETF™ - September | |
USEP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Equity Ultra Buffer ETF™ - September for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=USEP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Equity Ultra Buffer ETF - September | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the S&P 500 Index. Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.
The S&P 500 Index delivered strong performance for the year ended October 31, 2024. Gains were primarily driven by the continued strength in technology and growing market enthusiasm for artificial intelligence, alongside optimism surrounding a potential soft landing for the economy. While market breadth improved in the latter part of the year, it remained relatively narrow overall.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Equity Ultra Buffer ETF™- September | PAGE 1 | TSR-AR-45782C649 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(08/30/2019) |
Innovator U.S. Equity Ultra Buffer ETF - September NAV | 19.62 | 6.81 | 6.94 |
S&P 500 TR | 38.02 | 15.27 | 15.63 |
S&P 500 | 36.04 | 13.44 | 13.78 |
Visit https://www.innovatoretfs.com/etf/?ticker=USEP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $163,286,496 |
Number of Holdings | 4 |
Net Advisory Fee | $668,064 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=USEP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $5.62 | 99.1% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $535.50 | 3.3% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $366.39 | -0.6% |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $630.59 | -2.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=USEP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Equity Ultra Buffer ETF™- September | PAGE 2 | TSR-AR-45782C649 |
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| Innovator U.S. Small Cap 10 Buffer ETF™ - Quarterly | |
RBUF (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap 10 Buffer ETF™ - Quarterly for the period of June 28, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=RBUF. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap 10 Buffer ETF - Quarterly | $27 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Small Cap 10 Buffer ETF™- Quarterly | PAGE 1 | TSR-AR-45783Y228 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(06/28/2024) |
Innovator U.S. Small Cap 10 Buffer ETF - Quarterly NAV | 4.07 |
Russell 2000 Total Return Index | 7.69 |
Russell 2000 | 7.27 |
Visit https://www.innovatoretfs.com/etf/?ticker=RBUF for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $115,597,714 |
Number of Holdings | 4 |
Net Advisory Fee | $20,189 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.62% |
30-Day SEC Yield Unsubsidized | -0.62% |
Visit https://www.innovatoretfs.com/etf/?ticker=RBUF for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $0.55 | 98.2% |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $220.89 | 4.4% |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $198.80 | -1.2% |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $232.86 | -1.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=RBUF.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap 10 Buffer ETF™- Quarterly | PAGE 2 | TSR-AR-45783Y228 |
104071076910727
| | |
| Innovator U.S. Small Cap Power Buffer ETF™ - April | |
KAPR (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Power Buffer ETF™ - April for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=KAPR. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Power Buffer ETF - April | $89 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Small Cap Power Buffer ETF™- April | PAGE 1 | TSR-AR-45782C342 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(03/31/2020) |
Innovator U.S. Small Cap Power Buffer ETF - April NAV | 25.33 | 7.62 |
Russell 2000 Total Return Index | 34.07 | 16.61 |
Russell 2000 | 32.15 | 15.09 |
Visit https://www.innovatoretfs.com/etf/?ticker=KAPR for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $179,968,519 |
Number of Holdings | 4 |
Net Advisory Fee | $1,302,582 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=KAPR for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 03/31/2025; Exercise Price: $2.10 | 98.6% |
iShares Russell 2000 ETF, Expiration: 03/31/2025; Exercise Price: $210.30 | 3.7% |
iShares Russell 2000 ETF, Expiration: 03/31/2025; Exercise Price: $178.76 | -1.1% |
iShares Russell 2000 ETF, Expiration: 03/31/2025; Exercise Price: $249.12 | -1.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=KAPR.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
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112791207311072111741400513436202621650515091202341334219922160161441619050
| | |
| Innovator U.S. Small Cap Power Buffer ETF™ - August | |
KAUG (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Power Buffer ETF™ - August for the period of July 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=KAUG. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Power Buffer ETF - August | $20 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Small Cap Power Buffer ETF™- August | PAGE 1 | TSR-AR-45783Y137 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(07/31/2024) |
Innovator U.S. Small Cap Power Buffer ETF - August NAV | -0.34 |
Russell 2000 Total Return Index | -2.24 |
Russell 2000 | -2.57 |
Visit https://www.innovatoretfs.com/etf/?ticker=KAUG for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $68,790,507 |
Number of Holdings | 4 |
Net Advisory Fee | $80,960 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.75% |
30-Day SEC Yield Unsubsidized | -0.75% |
Visit https://www.innovatoretfs.com/etf/?ticker=KAUG for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 07/31/2025; Exercise Price: $2.24 | 96.4% |
iShares Russell 2000 ETF, Expiration: 07/31/2025; Exercise Price: $223.86 | 7.3% |
iShares Russell 2000 ETF, Expiration: 07/31/2025; Exercise Price: $267.78 | -1.4% |
iShares Russell 2000 ETF, Expiration: 07/31/2025; Exercise Price: $190.28 | -2.5% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=KAUG.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap Power Buffer ETF™- August | PAGE 2 | TSR-AR-45783Y137 |
996697769743
| | |
| Innovator U.S. Small Cap Power Buffer ETF™ - January | |
KJAN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Power Buffer ETF™ - January for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=KJAN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Power Buffer ETF - January | $89 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Small Cap Power Buffer ETF™- January | PAGE 1 | TSR-AR-45782C474 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(12/31/2019) |
Innovator U.S. Small Cap Power Buffer ETF - January NAV | 24.40 | 6.87 |
Russell 2000 Total Return Index | 34.07 | 7.27 |
Russell 2000 | 32.15 | 5.85 |
Visit https://www.innovatoretfs.com/etf/?ticker=KJAN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $401,272,073 |
Number of Holdings | 4 |
Net Advisory Fee | $2,848,072 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.77% |
30-Day SEC Yield Unsubsidized | -0.77% |
Visit https://www.innovatoretfs.com/etf/?ticker=KJAN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $2.01 | 99.7% |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $200.71 | 1.4% |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $170.60 | -0.3% |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $237.84 | -1.0% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=KJAN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap Power Buffer ETF™- January | PAGE 2 | TSR-AR-45782C474 |
98051189511342110831378893231405911452104711403992211376811069996313166
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| Innovator U.S. Small Cap Power Buffer ETF™ - July | |
KJUL (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Power Buffer ETF™ - July for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=KJUL. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Power Buffer ETF - July | $87 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Small Cap Power Buffer ETF™- July | PAGE 1 | TSR-AR-45782C284 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | |
| | 1 Year | Since Inception
(06/30/2020) |
Innovator U.S. Small Cap Power Buffer ETF - July NAV | 19.95 | 5.36 |
Russell 2000 Total Return Index | 34.07 | 11.66 |
Russell 2000 | 32.15 | 10.20 |
Visit https://www.innovatoretfs.com/etf/?ticker=KJUL for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $154,807,732 |
Number of Holdings | 4 |
Net Advisory Fee | $1,241,775 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=KJUL for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 06/30/2025; Exercise Price: $2.03 | 101.2% |
iShares Russell 2000 ETF, Expiration: 06/30/2025; Exercise Price: $202.89 | 3.8% |
iShares Russell 2000 ETF, Expiration: 06/30/2025; Exercise Price: $172.46 | -1.4% |
iShares Russell 2000 ETF, Expiration: 06/30/2025; Exercise Price: $240.18 | -3.9% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=KJUL.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap Power Buffer ETF™- July | PAGE 2 | TSR-AR-45782C284 |
103661157210611104571254310713161551316012033161331067415938128131153315240
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| Innovator U.S. Small Cap Power Buffer ETF™ - June | |
KJUN (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Power Buffer ETF™ - June for the period of May 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=KJUN. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Power Buffer ETF - June | $33 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Small Cap Power Buffer ETF™- June | PAGE 1 | TSR-AR-45783Y277 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(05/31/2024) |
Innovator U.S. Small Cap Power Buffer ETF - June NAV | 4.53 |
Russell 2000 Total Return Index | 6.70 |
Russell 2000 | 6.11 |
Visit https://www.innovatoretfs.com/etf/?ticker=KJUN for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $10,583,005 |
Number of Holdings | 4 |
Net Advisory Fee | $33,959 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.78% |
30-Day SEC Yield Unsubsidized | -0.78% |
Visit https://www.innovatoretfs.com/etf/?ticker=KJUN for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 05/30/2025; Exercise Price: $2.06 | 100.2% |
iShares Russell 2000 ETF, Expiration: 05/30/2025; Exercise Price: $205.77 | 3.8% |
iShares Russell 2000 ETF, Expiration: 05/30/2025; Exercise Price: $174.90 | -1.3% |
iShares Russell 2000 ETF, Expiration: 05/30/2025; Exercise Price: $242.85 | -3.1% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=KJUN.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap Power Buffer ETF™- June | PAGE 2 | TSR-AR-45783Y277 |
104531067010611
| | |
| Innovator U.S. Small Cap Power Buffer ETF™ - November | |
KNOV (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Power Buffer ETF™ - November for the period of October 31, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=KNOV. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Power Buffer ETF - November | $0 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $1,253,132 |
Number of Holdings | 4 |
Net Advisory Fee | $0 |
Portfolio Turnover | 0% |
Visit https://www.innovatoretfs.com/etf/?ticker=KNOV for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 10/31/2025; Exercise Price: $2.18 | 98.7% |
iShares Russell 2000 ETF, Expiration: 10/31/2025; Exercise Price: $217.76 | 7.0% |
iShares Russell 2000 ETF, Expiration: 10/31/2025; Exercise Price: $185.10 | -2.8% |
iShares Russell 2000 ETF, Expiration: 10/31/2025; Exercise Price: $256.56 | -3.2% |
| * | Percentages are stated as a percent of net assets. |
| Innovator U.S. Small Cap Power Buffer ETF™- November | PAGE 1 | TSR-AR-45784N866 |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=KNOV.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap Power Buffer ETF™- November | PAGE 2 | TSR-AR-45784N866 |
| | |
| Innovator U.S. Small Cap Power Buffer ETF™ - October | |
KOCT (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Power Buffer ETF™ - October for the period of November 1, 2023, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=KOCT. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Power Buffer ETF - October | $88 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Small Cap Power Buffer ETF™- October | PAGE 1 | TSR-AR-45782C599 |
ANNUAL AVERAGE TOTAL RETURN (%)
| | | |
| | 1 Year | 5 Year | Since Inception
(09/30/2019) |
Innovator U.S. Small Cap Power Buffer ETF - October NAV | 22.01 | 4.19 | 4.39 |
Russell 2000 Total Return Index | 34.07 | 8.50 | 8.91 |
Russell 2000 | 32.15 | 7.05 | 7.46 |
Visit https://www.innovatoretfs.com/etf/?ticker=KOCT for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $148,209,086 |
Number of Holdings | 4 |
Net Advisory Fee | $691,921 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.75% |
30-Day SEC Yield Unsubsidized | -0.75% |
Visit https://www.innovatoretfs.com/etf/?ticker=KOCT for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 09/30/2025; Exercise Price: $2.21 | 98.0% |
iShares Russell 2000 ETF, Expiration: 09/30/2025; Exercise Price: $220.89 | 7.3% |
iShares Russell 2000 ETF, Expiration: 09/30/2025; Exercise Price: $258.22 | -2.7% |
iShares Russell 2000 ETF, Expiration: 09/30/2025; Exercise Price: $187.76 | -2.8% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=KOCT.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap Power Buffer ETF™- October | PAGE 2 | TSR-AR-45782C599 |
10135995911432104901019912443102631024915456125901151215435102571009915080121241091214420
| | |
| Innovator U.S. Small Cap Power Buffer ETF™ - September | |
KSEP (Principal U.S. Listing Exchange: CBOE BZXCboeBZX) |
| Annual Shareholder Report | October 31, 2024 |
This annual shareholder report contains important information about the Innovator U.S. Small Cap Power Buffer ETF™ - September for the period of August 30, 2024, to October 31, 2024. You can find additional information about the Fund at https://www.innovatoretfs.com/etf/?ticker=KSEP. You can also request this information by contacting us at 800.208.5212.
WHAT WERE THE FUND COSTS FOR THE PAST YEAR?* (based on a hypothetical $10,000 investment)
| | |
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Innovator U.S. Small Cap Power Buffer ETF - September | $13 | 0.79% |
| * | Expense ratio is annualized. Amount shown reflects the expenses of the Fund for the current reporting period. |
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
The Fund seeks to match the price returns of the iShares Russell 2000 ETF (IWM) up to a stated upside Cap, while limiting downside losses to IWM by the amount of its stated Buffer over the course of the Outcome Period. Because the period contemplated herein does not align with the Outcome Period of the Fund, the Fund’s performance stated over the period covered by this report does not reflect the implementation of the Fund’s investment strategy for the full Outcome Period.
In markets where the Russell 2000 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Fund to soften market losses during the reporting period and outperform the Russell 2000 Index. Alternatively, in markets where the Russell 2000 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting period by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period. The effect of the Cap and the Buffer will also cause the Fund to experience different returns than IWM.
The Russell 2000 Index posted strong returns for the year ended October 31, 2024. Small-cap companies continued to benefit from exceeding earnings growth expectations, alongside improving investor sentiment driven by easing inflationary pressures. However, the index experienced some volatility later in the period as uncertainty surrounding Federal Reserve policy and concerns about economic growth began to weigh on performance.
HOW DID THE FUND PERFORM SINCE INCEPTION?*
The $10,000 chart reflects a hypothetical $10,000 investment. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees, were deducted.
CUMULATIVE PERFORMANCE (Initial Investment of $10,000)
| Innovator U.S. Small Cap Power Buffer ETF™- September | PAGE 1 | TSR-AR-45784N304 |
ANNUAL AVERAGE TOTAL RETURN (%)
| |
| | Since Inception
(08/30/2024) |
Innovator U.S. Small Cap Power Buffer ETF - September NAV | -0.02 |
Russell 2000 Total Return Index | -0.76 |
Russell 2000 | -0.95 |
Visit https://www.innovatoretfs.com/etf/?ticker=KSEP for more recent performance information.
| * | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
KEY FUND STATISTICS (as of October 31, 2024)
| |
Net Assets | $18,987,712 |
Number of Holdings | 4 |
Net Advisory Fee | $19,652 |
Portfolio Turnover | 0% |
30-Day SEC Yield | -0.76% |
30-Day SEC Yield Unsubsidized | -0.76% |
Visit https://www.innovatoretfs.com/etf/?ticker=KSEP for more recent performance information.
WHAT DID THE FUND INVEST IN?* (as of October 31, 2024)
| |
Top Holdings | (%) |
iShares Russell 2000 ETF, Expiration: 08/29/2025; Exercise Price: $2.20 | 98.0% |
iShares Russell 2000 ETF, Expiration: 08/29/2025; Exercise Price: $220.08 | 6.8% |
iShares Russell 2000 ETF, Expiration: 08/29/2025; Exercise Price: $187.07 | -2.5% |
iShares Russell 2000 ETF, Expiration: 08/29/2025; Exercise Price: $257.58 | -2.6% |
| * | Percentages are stated as a percent of net assets. |
For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, scan the QR code or visit https://www.innovatoretfs.com/etf/?ticker=KSEP.
HOUSEHOLDING
To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Innovator Capital Management, LLC documents not be householded, please contact Innovator Capital Management, LLC at 800.208.5212, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by Innovator Capital Management, LLC or your financial intermediary.
| Innovator U.S. Small Cap Power Buffer ETF™- September | PAGE 2 | TSR-AR-45784N304 |
999899249905
Item 2. Code of Ethics.
The registrant has adopted a code of ethics that applies to the registrant’s principal executive officer and principal financial officer. The registrant has not made any substantive amendments to its code of ethics during the period covered by this report. The registrant has not granted any waivers from any provisions of the code of ethics during the period covered by this report.
The registrant undertakes to provide to any person without charge, upon request, a copy of its code of ethics by mail when they call the registrant at 1-800-208-5212.
Item 3. Audit Committee Financial Expert.
The registrant’s board of trustees has determined that there is at least one audit committee financial expert serving on its audit committee. Brian Wildman is the “audit committee financial expert” and is considered to be “independent” as each term is defined in Item 3 of Form N-CSR.
Item 4. Principal Accountant Fees and Services.
The registrant has engaged its principal accountant to perform audit services, audit-related services, tax services and other services during the past two fiscal years. “Audit services” refer to performing an audit of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years. “Audit-related services” refer to the assurance and related services by the principal accountant that are reasonably related to the performance of the audit. “Tax services” refer to professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning. The following table details the aggregate fees billed or expected to be billed for each of the last two fiscal years for audit fees, audit-related fees, tax fees and other fees by the principal accountant.
| | FYE 10/31/2024 | FYE 10/31/2023 |
| (a) Audit Fees | $ 1,062,000 | $ 731,500 |
| (b) Audit-Related Fees | - | - |
| (c) Tax Fees | $ 522,900 | $ 385,000 |
| (d) All Other Fees | - | - |
The audit committee has adopted pre-approval policies and procedures that require the audit committee to pre-approve all audit and non-audit services of the registrant, including services provided to any entity affiliated with the registrant.
The percentage of fees billed by Cohen & Company, Ltd. applicable to non-audit services pursuant to waiver of pre-approval requirement were as follows:
| | FYE 10/31/2024 | FYE 10/31/2023 |
| Audit-Related Fees | 0% | 0% |
| Tax Fees | 0% | 0% |
| All Other Fees | 0% | 0% |
All of the principal accountant’s hours spent on auditing the registrant’s financial statements were attributed to work performed by full time permanent employees of the principal accountant.
The following table indicates the non-audit fees billed or expected to be billed by the registrant’s accountant for services to the registrant and to the registrant’s investment adviser (and any other controlling entity, etc.—not sub-adviser) for the last two years.
| Non-Audit Related Fees | FYE 10/31/2024 | FYE 10/31/2023 |
| Registrant | $ 522,900 | $ 385,000 |
| Registrant’s Investment Adviser | - | - |
The audit committee of the board of trustees/directors has considered whether the provision of non-audit services that were rendered to the registrant’s investment adviser is compatible with maintaining the principal accountant’s independence and has concluded that the provision of such non-audit services by the accountant has not compromised the accountant’s independence.
The registrant has not been identified by the U.S. Securities and Exchange Commission as having filed an annual report issued by a registered public accounting firm branch or office that is located in a foreign jurisdiction where the Public Company Accounting Oversight Board is unable to inspect or completely investigate because of a position taken by an authority in that jurisdiction.
The registrant is not a foreign issuer.
Item 5. Audit Committee of Listed Registrants.
The registrant is an issuer as defined in Rule 10A-3 under the Securities Exchange Act of 1934, (the “Act”) and has a separately-designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Act. The independent members of the committee, consisting of the entire Board, are as follows: Brian Wildman, Joseph Stowell, Mark Berg.
Item 6. Investments.
Schedule of Investments is included within the financial statements filed under Item 7 of this Form.
Item 7. Financial Statements and Financial Highlights for Open-End Investment Companies.
TABLE OF CONTENTS
Table of Contents
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Directory of Funds’ Service Providers | | | Back Cover |
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TABLE OF CONTENTS
Innovator Buffer Step-Up Strategy ETF
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.1%
|
Call Options - 98.9%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.82(a)(b)(c) | | | $64,483,776 | | | 1,134 | | | $63,452,403 |
Put Options - 5.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.81(a)(b)(c) | | | 64,483,776 | | | 1,134 | | | 3,326,997 |
TOTAL PURCHASED OPTIONS
(Cost $67,148,522) | | | | | | | | | 66,779,400 |
TOTAL INVESTMENTS - 104.1%
(Cost $67,148,522) | | | | | | | | | $66,779,400 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 123,782 |
Liabilities in Excess of Other Assets - (4.3)% | | | | | | | | | (2,733,999) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $64,169,183 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Buffer Step-Up Strategy ETF
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.2)%
|
Call Options - (1.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $659.71(a)(b) | | | $(64,483,776) | | | (1,134) | | | $(710,678) |
Put Options - (3.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $522.16(a)(b) | | | (64,483,776) | | | (1,134) | | | (1,975,451) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,738,822) | | | | | | | | | $(2,686,129) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $66,779,400 | | | 104.1% |
Written Options | | | (2,686,129) | | | (4.2) |
Money Market Deposit Account | | | 123,782 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (47,870) | | | (0.1) |
| | | $64,169,183 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Deepwater Frontier Tech ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
COMMON STOCKS - 97.2%
| | | | | | |
Aerospace/Defense - 3.0%
| | | | | | |
AeroVironment, Inc.(a) | | | 8,024 | | | $1,724,839 |
Banks - 5.4%
| | | | | | |
NU Holdings Ltd./Cayman Islands - Class A(a) | | | 206,339 | | | 3,113,655 |
Commercial Services - 8.9%
| | | | | | |
Adyen NV(a)(b) | | | 1,102 | | | 1,685,850 |
Block, Inc.(a) | | | 24,434 | | | 1,767,067 |
Shift4 Payments, Inc. - Class A(a)(c) | | | 18,139 | | | 1,640,491 |
| | | | | | 5,093,408 |
Computers - 6.1%
| | | | | | |
Asia Vital Components Co. Ltd. | | | 89,000 | | | 1,772,222 |
Dell Technologies, Inc. - Class C | | | 13,677 | | | 1,690,888 |
| | | | | | 3,463,110 |
Healthcare-Products - 3.1%
| | | | | | |
Intuitive Surgical, Inc.(a) | | | 3,469 | | | 1,747,821 |
Internet - 9.4%
| | | | | | |
Reddit, Inc. - Class A(a) | | | 23,565 | | | 2,811,304 |
Robinhood Markets, Inc. - Class A(a) | | | 108,528 | | | 2,549,323 |
| | | | | | 5,360,627 |
Machinery-Construction & Mining - 3.0%
| | | | | | |
Vertiv Holdings Co. - Class A | | | 15,612 | | | 1,706,235 |
Mining - 2.9%
| | | | | | |
Cameco Corp.(c) | | | 32,330 | | | 1,688,273 |
Miscellaneous Manufacturing - 2.9%
| | | | | | |
Axon Enterprise, Inc.(a) | | | 3,905 | | | 1,653,768 |
Retail - 2.8%
| | | | | | |
Sweetgreen, Inc. - Class A(a)(c) | | | 43,654 | | | 1,575,909 |
Semiconductors - 27.0%(d)
| | | | | | |
Advanced Micro Devices, Inc.(a)(c) | | | 9,650 | | | 1,390,275 |
ASML Holding NV | | | 2,020 | | | 1,364,933 |
Astera Labs, Inc.(a) | | | 31,488 | | | 2,209,198 |
Lam Research Corp. | | | 20,585 | | | 1,530,495 |
Marvell Technology, Inc. | | | 22,809 | | | 1,827,229 |
Micron Technology, Inc. | | | 27,105 | | | 2,701,013 |
Onto Innovation, Inc.(a) | | | 7,984 | | | 1,583,467 |
SK Hynix, Inc. | | | 20,930 | | | 2,825,550 |
| | | | | | 15,432,160 |
Software - 17.0%
| | | | | | |
HubSpot, Inc.(a) | | | 3,132 | | | 1,737,603 |
MongoDB, Inc.(a)(c) | | | 6,427 | | | 1,737,861 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Deepwater Frontier Tech ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Software - (Continued)
|
Nutanix, Inc. - Class A(a) | | | 45,422 | | | $2,820,706 |
Synopsys, Inc.(a) | | | 3,220 | | | 1,653,824 |
Take-Two Interactive Software, Inc.(a) | | | 10,903 | | | 1,763,233 |
| | | | | | 9,713,227 |
Telecommunications - 5.7%
| | | | | | |
Arista Networks, Inc.(a) | | | 4,166 | | | 1,609,909 |
Ciena Corp.(a) | | | 25,557 | | | 1,623,125 |
| | | | | | 3,233,034 |
TOTAL COMMON STOCKS
(Cost $43,631,992) | | | | | | 55,506,066 |
PREFERRED STOCKS - 2.7%
| | | | | | |
Auto Manufacturers - 2.7%
| | | | | | |
Dr Ing hc F Porsche AG(b) | | | 22,272 | | | 1,565,991 |
TOTAL PREFERRED STOCKS
(Cost $1,887,508) | | | | | | 1,565,991 |
| | | | | | | |
| | | | | | | |
SHORT-TERM INVESTMENTS - 9.9%
| | | | | | |
Investments Purchased with Proceeds from Securities Lending - 9.9%
| | | | | | |
Mount Vernon Liquid Assets Portfolio, LLC, 5.00%(e) | | | 5,626,632 | | | 5,626,632 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $5,626,631) | | | | | | 5,626,632 |
TOTAL INVESTMENTS - 109.8%
(Cost $51,146,131) | | | | | | $62,698,689 |
Money Market Deposit Account - 0.1%(f) | | | | | | 61,960 |
Liabilities in Excess of Other Assets - (9.9)% | | | | | | (5,647,287) |
TOTAL NET ASSETS - 100.0% | | | | | | $57,113,362 |
| | | | | | | |
Percentages are stated as a percent of net assets.
AG - Aktiengesellschaft
NV - Naamloze Vennootschap
(a)
| Non-income producing security.
|
(b)
| Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of October 31, 2024, the value of these securities total $3,251,841 or 5.7% of the Fund’s net assets.
|
(c)
| All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $5,339,028 which represented 9.3% of net assets. See note 6.
|
(d)
| To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
|
(e)
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024.
|
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Deepwater Frontier Tech ETF
Schedule of Investments
October 31, 2024(Continued)
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Common Stocks | | | $55,506,066 | | | 97.2% |
Preferred Stocks | | | 1,565,991 | | | 2.7 |
Investments Purchased with Proceeds from Securities Lending | | | 5,626,632 | | | 9.9 |
Money Market Deposit Account | | | 61,960 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (5,647,287) | | | (9.9) |
| | | $57,113,362 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
COMMON STOCKS - 95.3%
| | | | | | |
Advertising - 0.2%
| | | | | | |
Trade Desk, Inc. - Class A(a) | | | 9,763 | | | $ 1,173,610 |
Aerospace/Defense - 1.8%
| | | | | | |
General Electric Co.(b) | | | 17,496 | | | 3,005,463 |
HEICO Corp. | | | 4,214 | | | 1,032,219 |
HEICO Corp. - Class A | | | 3,286 | | | 630,945 |
Lockheed Martin Corp. | | | 4,869 | | | 2,658,718 |
TransDigm Group, Inc. | | | 1,631 | | | 2,124,051 |
| | | | | | 9,451,396 |
Airlines - 0.2%
| | | | | | |
Delta Air Lines, Inc. | | | 8,197 | | | 469,032 |
Southwest Airlines Co.(b) | | | 22,224 | | | 679,610 |
| | | | | | 1,148,642 |
Apparel - 0.2%
| | | | | | |
NIKE, Inc. - Class B | | | 14,998 | | | 1,156,796 |
Auto Manufacturers - 1.8%
| | | | | | |
Ford Motor Co. | | | 59,038 | | | 607,501 |
General Motors Co. | | | 22,733 | | | 1,153,927 |
Tesla, Inc.(a)(b) | | | 30,345 | | | 7,581,698 |
| | | | | | 9,343,126 |
Auto Parts & Equipment - 0.0%(c)
| | | | | | |
Mobileye Global, Inc. - Class A(a) | | | 89 | | | 1,211 |
Banks - 4.4%
| | | | | | |
Bank of America Corp. | | | 96,659 | | | 4,042,279 |
Citizens Financial Group, Inc. | | | 41,834 | | | 1,762,048 |
First Citizens BancShares, Inc./NC - Class A(b) | | | 244 | | | 472,713 |
Goldman Sachs Group, Inc. | | | 6,193 | | | 3,206,674 |
Huntington Bancshares, Inc./OH | | | 88,495 | | | 1,379,637 |
JPMorgan Chase & Co. | | | 35,982 | | | 7,985,126 |
Morgan Stanley | | | 13,612 | | | 1,582,395 |
Regions Financial Corp. | | | 93,312 | | | 2,227,357 |
| | | | | | 22,658,229 |
Beverages - 1.6%
| | | | | | |
Celsius Holdings, Inc.(a)(b) | | | 5,403 | | | 162,522 |
Coca-Cola Co. | | | 78,451 | | | 5,123,635 |
PepsiCo, Inc. | | | 18,236 | | | 3,028,635 |
| | | | | | 8,314,792 |
Biotechnology - 1.3%
| | | | | | |
Alnylam Pharmaceuticals, Inc.(a) | | | 2,034 | | | 542,244 |
Amgen, Inc. | | | 6,951 | | | 2,225,432 |
BioMarin Pharmaceutical, Inc.(a) | | | 57 | | | 3,756 |
Illumina, Inc.(a) | | | 2,782 | | | 400,998 |
Moderna, Inc.(a)(b) | | | 39 | | | 2,120 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Biotechnology - (Continued)
|
Regeneron Pharmaceuticals, Inc.(a) | | | 1,214 | | | $ 1,017,575 |
Royalty Pharma PLC - Class A | | | 25,741 | | | 695,007 |
Vertex Pharmaceuticals, Inc.(a) | | | 3,336 | | | 1,587,869 |
| | | | | | 6,475,001 |
Building Materials - 0.6%
| | | | | | |
Builders FirstSource, Inc.(a) | | | 1,368 | | | 234,475 |
CRH PLC | | | 3,304 | | | 315,301 |
Lennox International, Inc. | | | 982 | | | 591,724 |
Trane Technologies PLC | | | 5,870 | | | 2,172,839 |
| | | | | | 3,314,339 |
Chemicals - 1.3%
| | | | | | |
Celanese Corp. | | | 3,177 | | | 400,207 |
Dow, Inc. | | | 24,128 | | | 1,191,440 |
Linde PLC | | | 7,189 | | | 3,279,262 |
LyondellBasell Industries NV - Class A | | | 11,341 | | | 984,966 |
PPG Industries, Inc. | | | 5,525 | | | 687,918 |
| | | | | | 6,543,793 |
Commercial Services - 1.3%
| | | | | | |
Block, Inc.(a) | | | 9,418 | | | 681,110 |
Cintas Corp. | | | 11,664 | | | 2,400,568 |
PayPal Holdings, Inc.(a) | | | 15,266 | | | 1,210,594 |
TransUnion | | | 5,184 | | | 525,139 |
United Rentals, Inc. | | | 2,004 | | | 1,628,851 |
| | | | | | 6,446,262 |
Computers - 8.0%
| | | | | | |
Amdocs Ltd. | | | 3,897 | | | 341,942 |
Apple, Inc. | | | 158,589 | | | 35,826,840 |
Crowdstrike Holdings, Inc. - Class A(a) | | | 3,268 | | | 970,171 |
Dell Technologies, Inc. - Class C | | | 3,647 | | | 450,879 |
International Business Machines Corp. | | | 14,601 | | | 3,018,319 |
Super Micro Computer, Inc.(a)(b) | | | 96 | | | 2,794 |
Zscaler, Inc.(a) | | | 3,005 | | | 543,274 |
| | | | | | 41,154,219 |
Cosmetics/Personal Care - 1.2%
| | | | | | |
Estee Lauder Cos., Inc. - Class A | | | 13,545 | | | 933,792 |
Procter & Gamble Co. | | | 32,727 | | | 5,405,846 |
| | | | | | 6,339,638 |
Diversified Financial Services - 3.9%
| | | | | | |
American Express Co. | | | 8,424 | | | 2,275,154 |
Apollo Global Management, Inc. | | | 7,171 | | | 1,027,318 |
Ares Management Corp. - Class A(b) | | | 5,184 | | | 869,253 |
Blue Owl Capital, Inc. - Class A(b) | | | 18,472 | | | 413,034 |
Coinbase Global, Inc. - Class A(a) | | | 1,791 | | | 321,037 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Diversified Financial Services - (Continued)
|
Interactive Brokers Group, Inc. - Class A | | | 5,184 | | | $ 790,975 |
LPL Financial Holdings, Inc.(b) | | | 1,053 | | | 297,136 |
Mastercard, Inc. - Class A | | | 10,694 | | | 5,342,615 |
Nasdaq, Inc. | | | 17,823 | | | 1,317,476 |
Rocket Cos., Inc. - Class A(a)(b) | | | 12,312 | | | 198,223 |
T Rowe Price Group, Inc. | | | 5,544 | | | 609,064 |
Tradeweb Markets, Inc. - Class A | | | 3,618 | | | 459,486 |
Visa, Inc. - Class A | | | 20,417 | | | 5,917,867 |
| | | | | | 19,838,638 |
Electric - 2.4%
| | | | | | |
Alliant Energy Corp.(b) | | | 17,827 | | | 1,069,620 |
Ameren Corp. | | | 8,180 | | | 712,560 |
Avangrid, Inc. | | | 2,617 | | | 93,453 |
CenterPoint Energy, Inc. | | | 27,928 | | | 824,714 |
CMS Energy Corp. | | | 19,122 | | | 1,331,082 |
Consolidated Edison, Inc. | | | 13,933 | | | 1,416,707 |
DTE Energy Co. | | | 11,017 | | | 1,368,532 |
Entergy Corp. | | | 11,349 | | | 1,756,598 |
Evergy, Inc. | | | 13,006 | | | 786,083 |
Eversource Energy | | | 26,251 | | | 1,728,628 |
PPL Corp. | | | 41,483 | | | 1,350,687 |
| | | | | | 12,438,664 |
Electrical Components & Equipment - 0.3%
| | | | | | |
AMETEK, Inc. | | | 7,128 | | | 1,306,847 |
Electronics - 0.5%
| | | | | | |
Hubbell, Inc. | | | 1,036 | | | 442,403 |
Jabil, Inc. | | | 1,744 | | | 214,669 |
TE Connectivity PLC | | | 10,693 | | | 1,576,362 |
Trimble, Inc.(a) | | | 6,290 | | | 380,545 |
| | | | | | 2,613,979 |
Energy-Alternate Sources - 0.1%
| | | | | | |
Enphase Energy, Inc.(a) | | | 3,591 | | | 298,197 |
Entertainment - 0.3%
| | | | | | |
DraftKings, Inc. - Class A(a) | | | 13,983 | | | 493,879 |
Live Nation Entertainment, Inc.(a)(b) | | | 6,926 | | | 811,312 |
Warner Music Group Corp. - Class A(b) | | | 3,721 | | | 118,923 |
| | | | | | 1,424,114 |
Environmental Control - 0.7%
| | | | | | |
Republic Services, Inc. | | | 8,748 | | | 1,732,104 |
Waste Management, Inc. | | | 9,112 | | | 1,966,825 |
| | | | | | 3,698,929 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Food - 0.8%
| | | | | | |
Campbell Soup Co.(b) | | | 33,372 | | | $ 1,556,804 |
Conagra Brands, Inc. | | | 16,538 | | | 478,610 |
Hershey Co.(b) | | | 5,938 | | | 1,054,470 |
Kellanova | | | 10,738 | | | 866,019 |
| | | | | | 3,955,903 |
Healthcare-Products - 2.6%
| | | | | | |
Abbott Laboratories | | | 26,362 | | | 2,988,660 |
Avantor, Inc.(a)(b) | | | 18,207 | | | 407,291 |
Cooper Cos., Inc.(a) | | | 9,814 | | | 1,027,329 |
Danaher Corp. | | | 9,399 | | | 2,308,958 |
GE HealthCare Technologies, Inc. | | | 8,171 | | | 713,737 |
Intuitive Surgical, Inc.(a) | | | 5,184 | | | 2,611,907 |
Thermo Fisher Scientific, Inc. | | | 4,860 | | | 2,655,115 |
Zimmer Biomet Holdings, Inc. | | | 6,593 | | | 704,924 |
| | | | | | 13,417,921 |
Healthcare-Services - 2.1%
| | | | | | |
Cigna Group | | | 4,241 | | | 1,335,109 |
HCA Healthcare, Inc. | | | 3,936 | | | 1,412,001 |
Humana, Inc. | | | 1,673 | | | 431,349 |
UnitedHealth Group, Inc. | | | 13,654 | | | 7,707,683 |
| | | | | | 10,886,142 |
Home Builders - 0.3%
| | | | | | |
Lennar Corp. - Class B(b) | | | 8,190 | | | 1,313,021 |
Household Products/Wares - 0.2%
| | | | | | |
Church & Dwight Co., Inc. | | | 10,372 | | | 1,036,267 |
Insurance - 3.5%
| | | | | | |
Arch Capital Group Ltd.(a) | | | 11,740 | | | 1,157,094 |
Berkshire Hathaway, Inc. - Class B(a) | | | 16,064 | | | 7,243,579 |
Brown & Brown, Inc. | | | 13,932 | | | 1,457,845 |
Hartford Financial Services Group, Inc. | | | 17,175 | | | 1,896,807 |
Loews Corp. | | | 17,496 | | | 1,381,484 |
Markel Group, Inc.(a) | | | 648 | | | 999,222 |
Principal Financial Group, Inc. | | | 9,329 | | | 768,710 |
Prudential Financial, Inc.(b) | | | 14,996 | | | 1,836,710 |
W R Berkley Corp. | | | 19,870 | | | 1,135,968 |
| | | | | | 17,877,419 |
Internet - 12.0%
| | | | | | |
Alphabet, Inc. - Class A | | | 62,679 | | | 10,725,004 |
Alphabet, Inc. - Class C | | | 54,907 | | | 9,481,890 |
Amazon.com, Inc.(a) | | | 99,584 | | | 18,562,458 |
Booking Holdings, Inc. | | | 405 | | | 1,893,881 |
CDW Corp./DE | | | 4,055 | | | 763,273 |
Coupang, Inc.(a) | | | 9,741 | | | 251,220 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Internet - (Continued)
|
DoorDash, Inc. - Class A(a)(b) | | | 4,896 | | | $ 767,203 |
Expedia Group, Inc.(a) | | | 4,340 | | | 678,385 |
MercadoLibre, Inc.(a) | | | 454 | | | 924,880 |
Meta Platforms, Inc. - Class A | | | 24,374 | | | 13,834,195 |
Okta, Inc.(a) | | | 2,592 | | | 186,339 |
Pinterest, Inc. - Class A(a) | | | 6,676 | | | 212,230 |
Snap, Inc. - Class A(a)(b) | | | 46,577 | | | 566,376 |
Spotify Technology SA(a) | | | 2,592 | | | 998,179 |
Uber Technologies, Inc.(a) | | | 22,394 | | | 1,613,488 |
| | | | | | 61,459,001 |
Iron/Steel - 0.1%
| | | | | | |
Nucor Corp. | | | 2,950 | | | 418,428 |
Lodging - 0.1%
| | | | | | |
MGM Resorts International(a)(b) | | | 11,722 | | | 432,190 |
Machinery-Construction & Mining - 0.2%
| | | | | | |
GE Vernova, Inc.(a) | | | 1,445 | | | 435,899 |
Vertiv Holdings Co. - Class A | | | 4,954 | | | 541,422 |
| | | | | | 977,321 |
Machinery-Diversified - 1.0%
| | | | | | |
Deere & Co. | | | 3,595 | | | 1,454,861 |
Dover Corp. | | | 8,815 | | | 1,668,944 |
IDEX Corp. | | | 3,350 | | | 719,044 |
Westinghouse Air Brake Technologies Corp. | | | 7,783 | | | 1,463,048 |
| | | | | | 5,305,897 |
Media - 1.1%
| | | | | | |
Comcast Corp. - Class A | | | 63,297 | | | 2,764,180 |
FactSet Research Systems, Inc. | | | 1,039 | | | 471,768 |
Sirius XM Holdings, Inc.(b) | | | 12,848 | | | 342,528 |
Walt Disney Co. | | | 19,228 | | | 1,849,734 |
| | | | | | 5,428,210 |
Mining - 0.2%
| | | | | | |
Freeport-McMoRan, Inc. | | | 25,535 | | | 1,149,586 |
Southern Copper Corp. | | | 1,012 | | | 110,864 |
| | | | | | 1,260,450 |
Miscellaneous Manufacturing - 0.8%
| | | | | | |
3M Co. | | | 21,384 | | | 2,747,202 |
Carlisle Cos., Inc. | | | 2,916 | | | 1,231,223 |
| | | | | | 3,978,425 |
Office-Business Equipment - 0.1%
| | | | | | |
Zebra Technologies Corp. - Class A(a) | | | 1,318 | | | 503,436 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Oil & Gas - 2.6%
| | | | | | |
Chevron Corp.(b) | | | 17,308 | | | $ 2,575,777 |
ConocoPhillips | | | 14,797 | | | 1,620,863 |
Exxon Mobil Corp. | | | 44,772 | | | 5,228,474 |
Marathon Oil Corp. | | | 93,976 | | | 2,603,135 |
Occidental Petroleum Corp. | | | 5,606 | | | 280,917 |
Valero Energy Corp. | | | 6,676 | | | 866,278 |
| | | | | | 13,175,444 |
Pharmaceuticals - 4.4%
| | | | | | |
AbbVie, Inc. | | | 22,157 | | | 4,517,148 |
Cencora, Inc. | | | 5,794 | | | 1,321,495 |
Dexcom, Inc.(a) | | | 74 | | | 5,215 |
Eli Lilly & Co. | | | 9,813 | | | 8,142,239 |
Johnson & Johnson | | | 39,210 | | | 6,268,111 |
Merck & Co., Inc. | | | 22,869 | | | 2,339,956 |
| | | | | | 22,594,164 |
Pipelines - 0.6%
| | | | | | |
Cheniere Energy, Inc. | | | 4,598 | | | 879,965 |
Kinder Morgan, Inc. | | | 93,680 | | | 2,296,097 |
| | | | | | 3,176,062 |
Private Equity - 0.7%
| | | | | | |
Blackstone, Inc. | | | 10,045 | | | 1,685,049 |
KKR & Co., Inc. | | | 13,608 | | | 1,881,170 |
| | | | | | 3,566,219 |
Retail - 5.3%
| | | | | | |
Carvana Co.(a) | | | 1,498 | | | 370,470 |
Costco Wholesale Corp. | | | 6,166 | | | 5,390,194 |
Darden Restaurants, Inc. | | | 4,340 | | | 694,487 |
Ferguson Enterprises, Inc. | | | 4,540 | | | 893,199 |
Home Depot, Inc. | | | 14,284 | | | 5,624,325 |
Lowe’s Cos., Inc. | | | 11,030 | | | 2,887,985 |
McDonald's Corp. | | | 13,626 | | | 3,980,291 |
Ross Stores, Inc. | | | 9,396 | | | 1,312,809 |
Target Corp. | | | 7,923 | | | 1,188,767 |
Walmart, Inc. | | | 59,367 | | | 4,865,126 |
| | | | | | 27,207,653 |
Semiconductors - 11.1%
| | | | | | |
Advanced Micro Devices, Inc.(a) | | | 16,908 | | | 2,435,936 |
Broadcom, Inc. | | | 52,235 | | | 8,867,936 |
Entegris, Inc. | | | 4,292 | | | 449,415 |
GLOBALFOUNDRIES, Inc.(a)(b) | | | 2,455 | | | 89,607 |
Lam Research Corp. | | | 24,128 | | | 1,793,917 |
Marvell Technology, Inc. | | | 13,014 | | | 1,042,552 |
Micron Technology, Inc. | | | 11,097 | | | 1,105,816 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Semiconductors - (Continued)
|
NVIDIA Corp. | | | 254,749 | | | $33,820,477 |
ON Semiconductor Corp.(a) | | | 15,061 | | | 1,061,650 |
QUALCOMM, Inc. | | | 13,223 | | | 2,152,308 |
Teradyne, Inc. | | | 5,588 | | | 593,501 |
Texas Instruments, Inc. | | | 17,822 | | | 3,620,718 |
| | | | | | 57,033,833 |
Software - 10.5%
| | | | | | |
Adobe, Inc.(a) | | | 5,535 | | | 2,646,173 |
Atlassian Corp. - Class A(a) | | | 1,410 | | | 265,841 |
Bentley Systems, Inc. - Class B | | | 6,156 | | | 297,089 |
Broadridge Financial Solutions, Inc. | | | 6,156 | | | 1,298,054 |
Cloudflare, Inc. - Class A(a) | | | 4,887 | | | 428,639 |
Datadog, Inc. - Class A(a) | | | 4,601 | | | 577,149 |
HubSpot, Inc.(a) | | | 554 | | | 307,354 |
Intuit, Inc. | | | 4,214 | | | 2,571,804 |
Microsoft Corp. | | | 80,193 | | | 32,586,426 |
MicroStrategy, Inc. - Class A(a)(b) | | | 1,990 | | | 486,555 |
MongoDB, Inc.(a) | | | 787 | | | 212,805 |
Oracle Corp. | | | 20,170 | | | 3,385,333 |
Palantir Technologies, Inc. - Class A(a) | | | 29,200 | | | 1,213,552 |
ROBLOX Corp. - Class A(a) | | | 12,023 | | | 621,830 |
Salesforce, Inc. | | | 11,101 | | | 3,234,498 |
Samsara, Inc. - Class A(a) | | | 5,341 | | | 255,246 |
Snowflake, Inc. - Class A(a)(b) | | | 7,497 | | | 860,806 |
SS&C Technologies Holdings, Inc. | | | 10,044 | | | 702,377 |
Veeva Systems, Inc. - Class A(a) | | | 3,033 | | | 633,381 |
Workday, Inc. - Class A(a) | | | 3,288 | | | 768,899 |
Zoom Video Communications, Inc. - Class A(a) | | | 10,806 | | | 807,640 |
| | | | | | 54,161,451 |
Telecommunications - 2.0%
| | | | | | |
AT&T, Inc. | | | 148,070 | | | 3,337,498 |
Cisco Systems, Inc. | | | 75,818 | | | 4,152,552 |
T-Mobile US, Inc. | | | 11,675 | | | 2,605,393 |
| | | | | | 10,095,443 |
Transportation - 0.9%
| | | | | | |
Expeditors International of Washington, Inc. | | | 6,231 | | | 741,489 |
FedEx Corp. | | | 4,248 | | | 1,163,315 |
Union Pacific Corp. | | | 10,692 | | | 2,481,292 |
| | | | | | 4,386,096 |
TOTAL COMMON STOCKS
(Cost $441,241,583) | | | | | | 488,786,818 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
REAL ESTATE INVESTMENT TRUSTS - 2.0%
| | | | | | |
American Tower Corp. | | | 8,181 | | | $ 1,746,971 |
BXP, Inc. | | | 17,300 | | | 1,393,688 |
Essex Property Trust, Inc. | | | 3,888 | | | 1,103,648 |
Healthpeak Properties, Inc. | | | 65,136 | | | 1,462,303 |
Invitation Homes, Inc. | | | 44,730 | | | 1,404,969 |
Mid-America Apartment Communities, Inc.(b) | | | 7,170 | | | 1,085,108 |
SBA Communications Corp. | | | 4,587 | | | 1,052,579 |
Sun Communities, Inc. | | | 6,843 | | | 907,929 |
TOTAL REAL ESTATE INVESTMENT TRUSTS
(Cost $9,627,605) | | | | | | 10,157,195 |
| | | | | | | |
| | | | | | | | | | |
PURCHASED OPTIONS - 1.3%
| |
Put Options - 1.3%(d)(e)
| | | | | | | | | |
SPDR S&P 500 ETF
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $428.00(f) | | | $130,559,744 | | | 2,296 | | | 252,560 |
Expiration: 03/31/2025; Exercise Price: $472.00(f) | | | 131,242,112 | | | 2,308 | | | 1,163,232 |
Expiration: 06/30/2025; Exercise Price: $490.00(f) | | | 130,616,608 | | | 2,297 | | | 2,175,259 |
Expiration: 09/30/2025; Exercise Price: $510.00(f) | | | 117,537,888 | | | 2,067 | | | 3,222,453 |
TOTAL PURCHASED OPTIONS
(Cost $9,273,960) | | | | | | | | | 6,813,504 |
| | | | | | | | | | |
| | | | | | | |
SHORT-TERM INVESTMENTS - 4.2%
| | | | | | |
Investments Purchased with Proceeds from Securities Lending - 4.2%
| | | | | | |
Mount Vernon Liquid Assets Portfolio, LLC, 5.00%(g) | | | 21,380,083 | | | 21,380,083 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $21,380,082) | | | | | | 21,380,083 |
TOTAL INVESTMENTS - 102.8%
(Cost $481,523,230) | | | | | | $527,137,600 |
Money Market Deposit Account - 1.4%(h) | | | | | | 7,498,540 |
Liabilities in Excess of Other Assets - (4.2)% | | | | | | (21,367,377) |
TOTAL NET ASSETS - 100.0% | | | | | | $513,268,763 |
| | | | | | | |
Percentages are stated as a percent of net assets.
NV - Naamloze Vennootschap
PLC - Public Limited Company
SA - Sociedad Anónima
(a)
| Non-income producing security. |
(b)
| All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $20,526,608 which represented 4.0% of net assets. See note 6. |
(c)
| Represents less than 0.05% of net assets. |
(d)
| 100 shares per contract. |
(f)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(g)
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024. |
(h)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Managed Floor ETF
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.0)%
|
Call Options - (0.0)%(a)
| | | | | | | | | |
S&P 500 Index(b)(c)
| | | | | | | | | |
Expiration: 11/01/2024; Exercise Price: $5,975.00 | | | $(166,599,140) | | | (292) | | | $(1,460) |
Expiration: 11/06/2024; Exercise Price: $5,940.00 | | | (166,599,140) | | | (292) | | | (61,612) |
Expiration: 11/11/2024; Exercise Price: $5,990.00 | | | (177,439,495) | | | (311) | | | (121,290) |
Total Call Options | | | | | | | | | (184,362) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,416,525) | | | | | | | | | $(184,362) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Represents less than 0.05% of net assets.
|
(b)
| 100 shares per contract.
|
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Common Stocks | | | $488,786,818 | | | 95.3% |
Real Estate Investment Trusts | | | 10,157,195 | | | 2.0 |
Purchased Options | | | 6,813,504 | | | 1.3 |
Written Options | | | (184,362) | | | 0.0 |
Investments Purchased with Proceeds from Securities Lending | | | 21,380,083 | | | 4.2 |
Money Market Deposit Account | | | 7,498,540 | | | 1.4 |
Liabilities in Excess of Other Assets | | | (21,183,015) | | | (4.2) |
| | | $513,268,763 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Gradient Tactical Rotation Strategy ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
COMMON STOCKS - 97.0%
| | | | | | |
Agriculture - 0.5%
| | | | | | |
QL Resources Bhd | | | 740,200 | | | $811,363 |
Apparel - 0.3%
| | | | | | |
Feng TAY Enterprise Co. Ltd. | | | 112,000 | | | 494,632 |
Auto Manufacturers - 3.8%
| | | | | | |
BYD Co. Ltd. - Class H | | | 35,000 | | | 1,266,899 |
Li Auto, Inc. - Class A(a) | | | 47,400 | | | 654,836 |
Mahindra & Mahindra Ltd. - GDR | | | 104,271 | | | 3,420,089 |
NIO, Inc. - Class A(a) | | | 74,486 | | | 399,061 |
| | | | | | 5,740,885 |
Banks - 20.0%
| | | | | | |
Agricultural Bank of China Ltd. - Class H | | | 2,081,000 | | | 1,022,552 |
AXIS Bank LTD(a) | | | 49,502 | | | 3,415,638 |
Banco do Brasil SA | | | 122,700 | | | 557,370 |
Bank Central Asia Tbk PT | | | 1,218,000 | | | 795,444 |
Bank Mandiri Persero Tbk PT | | | 1,350,000 | | | 576,298 |
Bank Negara Indonesia Persero Tbk PT | | | 1,106,800 | | | 370,226 |
Bank of China Ltd. - Class H | | | 2,923,000 | | | 1,387,411 |
Bank of Communications Co. Ltd. - Class H | | | 1,096,000 | | | 830,378 |
Bank Rakyat Indonesia Persero Tbk PT | | | 1,922,400 | | | 587,927 |
China Construction Bank Corp. - Class H | | | 2,459,000 | | | 1,907,329 |
China Merchants Bank Co. Ltd. - Class H | | | 133,000 | | | 650,107 |
Credicorp Ltd. | | | 4,096 | | | 754,197 |
HDFC Bank Ltd. - ADR | | | 129,865 | | | 8,185,391 |
ICICI Bank Ltd. - ADR | | | 188,128 | | | 5,720,973 |
Industrial & Commercial Bank of China Ltd. - Class H | | | 1,977,000 | | | 1,185,066 |
NU Holdings Ltd./Cayman Islands - Class A(a) | | | 88,364 | | | 1,333,413 |
Standard Bank Group Ltd. | | | 81,941 | | | 1,122,727 |
| | | | | | 30,402,447 |
Beverages - 1.2%
| | | | | | |
Arca Continental SAB de CV | | | 88,063 | | | 751,217 |
Fomento Economico Mexicano SAB de CV | | | 106,982 | | | 1,036,431 |
| | | | | | 1,787,648 |
Biotechnology - 0.3%
| | | | | | |
BeiGene Ltd.(a) | | | 33,400 | | | 523,291 |
Building Materials - 0.6%
| | | | | | |
Anhui Conch Cement Co. Ltd. - Class H | | | 292,500 | | | 850,323 |
Chemicals - 1.4%
| | | | | | |
Formosa Chemicals & Fibre Corp. | | | 528,000 | | | 637,753 |
Formosa Plastics Corp. | | | 497,000 | | | 733,711 |
Nan Ya Plastics Corp. | | | 540,000 | | | 702,809 |
| | | | | | 2,074,273 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Gradient Tactical Rotation Strategy ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Coal - 0.5%
| | | | | | |
China Shenhua Energy Co. Ltd. - Class H | | | 186,500 | | | $807,261 |
Commercial Services - 1.4%
| | | | | | |
Gulf Marine Services PLC(a) | | | 1,984,154 | | | 442,617 |
ITMAX SYSTEM Bhd | | | 573,400 | | | 470,086 |
New Oriental Education & Technology Group, Inc. | | | 70,200 | | | 436,600 |
Taiwan Secom Co. Ltd. | | | 166,000 | | | 709,800 |
| | | | | | 2,059,103 |
Computers - 4.3%
| | | | | | |
Asustek Computer, Inc. | | | 29,000 | | | 520,443 |
Beijing Fourth Paradigm Technology Co. Ltd.(a) | | | 154,000 | | | 590,319 |
Infosys Ltd. - ADR(b) | | | 221,265 | | | 4,626,651 |
Quanta Computer, Inc. | | | 84,000 | | | 795,693 |
| | | | | | 6,533,106 |
Diversified Financial Services - 3.6%
| | | | | | |
AEON Credit Service M Bhd | | | 400,600 | | | 641,289 |
B3 SA - Brasil Bolsa Balcao | | | 167,000 | | | 307,082 |
Capitec Bank Holdings Ltd. | | | 3,430 | | | 616,888 |
Chailease Holding Co. Ltd. | | | 98,000 | | | 463,389 |
CTBC Financial Holding Co. Ltd. | | | 472,000 | | | 528,864 |
Fubon Financial Holding Co. Ltd. | | | 198,000 | | | 561,124 |
Hua Nan Financial Holdings Co. Ltd. | | | 602,000 | | | 478,180 |
Ngern Tid Lor PCL - NVDR | | | 776,800 | | | 407,449 |
Sanlam Ltd. | | | 181,768 | | | 904,510 |
Yuanta Financial Holding Co. Ltd. | | | 616,000 | | | 623,883 |
| | | | | | 5,532,658 |
Electrical Components & Equipment - 0.6%
| | | | | | |
Delta Electronics, Inc. | | | 67,000 | | | 844,819 |
Electronics - 2.6%
| | | | | | |
Compeq Manufacturing Co. Ltd. | | | 227,000 | | | 438,555 |
Delta Electronics Thailand PCL - NVDR | | | 129,800 | | | 530,816 |
E Ink Holdings, Inc. | | | 46,000 | | | 439,326 |
Hon Hai Precision Industry Co. Ltd. | | | 250,000 | | | 1,650,281 |
Supreme Electronics Co. Ltd. | | | 229,000 | | | 472,437 |
Yageo Corp. | | | 23,000 | | | 400,562 |
| | | | | | 3,931,977 |
Engineering & Construction - 2.8%
| | | | | | |
Athens International Airport SA | | | 102,152 | | | 872,258 |
Larsen & Toubro Ltd. - GDR | | | 78,710 | | | 3,376,659 |
| | | | | | 4,248,917 |
Entertainment - 0.6%
| | | | | | |
OPAP SA | | | 49,619 | | | 846,297 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Gradient Tactical Rotation Strategy ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Environmental Control - 0.5%
| | | | | | |
Dynagreen Environmental Protection Group Co. Ltd. - Class H | | | 1,676,000 | | | $689,880 |
Food - 1.0%
| | | | | | |
BIM Birlesik Magazalar AS | | | 35,323 | | | 480,904 |
Indofood CBP Sukses Makmur Tbk PT | | | 554,200 | | | 435,203 |
Want Want China Holdings Ltd. | | | 991,000 | | | 616,977 |
| | | | | | 1,533,084 |
Forest Products & Paper - 0.3%
| | | | | | |
Suzano SA | | | 49,700 | | | 513,343 |
Healthcare-Services - 0.3%
| | | | | | |
Wuxi Biologics Cayman, Inc.(a)(c) | | | 230,500 | | | 484,477 |
Holding Companies-Diversified - 0.8%
| | | | | | |
IJM Corp. Bhd | | | 977,300 | | | 676,232 |
KOC Holding AS | | | 113,303 | | | 558,827 |
| | | | | | 1,235,059 |
Home Furnishings - 1.1%
| | | | | | |
Haier Smart Home Co. Ltd. - Class D | | | 587,176 | | | 1,108,911 |
Lite-On Technology Corp. | | | 157,000 | | | 502,263 |
| | | | | | 1,611,174 |
Insurance - 2.3%
| | | | | | |
Cathay Financial Holding Co. Ltd. | | | 261,000 | | | 561,264 |
China Life Insurance Co. Ltd. - Class H | | | 409,000 | | | 868,075 |
PICC Property & Casualty Co. Ltd. - Class H | | | 472,000 | | | 717,644 |
Ping An Insurance Group Co. of China Ltd. - Class H | | | 208,500 | | | 1,291,375 |
| | | | | | 3,438,358 |
Internet - 13.5%
| | | | | | |
Alibaba Group Holding Ltd. | | | 362,000 | | | 4,402,709 |
Baidu, Inc. - Class A(a) | | | 80,350 | | | 921,936 |
JD.com, Inc. - Class A | | | 78,250 | | | 1,565,181 |
Kuaishou Technology(a)(c) | | | 88,000 | | | 519,571 |
Meituan - Class B(a)(c) | | | 126,900 | | | 2,979,027 |
Naspers Ltd. | | | 3,468 | | | 815,200 |
PDD Holdings, Inc. - ADR(a)(b) | | | 12,171 | | | 1,467,701 |
Tencent Holdings Ltd. | | | 129,800 | | | 6,755,390 |
Trip.com Group Ltd.(a) | | | 16,500 | | | 1,063,339 |
| | | | | | 20,490,054 |
Iron/Steel - 1.8%
| | | | | | |
China Steel Corp. | | | 1,023,000 | | | 718,399 |
Eregli Demir ve Celik Fabrikalari TAS | | | 364,562 | | | 506,440 |
Feng Hsin Steel Co. Ltd. | | | 222,000 | | | 582,022 |
Vale SA | | | 88,200 | | | 945,180 |
| | | | | | 2,752,041 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Gradient Tactical Rotation Strategy ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Metal Fabricate/Hardware - 1.0%
| | | | | | |
YC INOX Co. Ltd. | | | 1,235,386 | | | $836,700 |
Yieh Phui Enterprise Co. Ltd. | | | 1,455,000 | | | 687,992 |
| | | | | | 1,524,692 |
Mining - 1.4%
| | | | | | |
Gold Fields Ltd. | | | 31,866 | | | 524,479 |
Grupo Mexico SAB de CV - Class B | | | 117,027 | | | 614,041 |
Zijin Mining Group Co. Ltd. - Class H | | | 480,000 | | | 1,023,707 |
| | | | | | 2,162,227 |
Miscellaneous Manufacturing - 0.3%
| | | | | | |
Sunny Optical Technology Group Co. Ltd. | | | 75,800 | | | 493,854 |
Oil & Gas - 8.3%
| | | | | | |
China Petroleum & Chemical Corp. - Class H | | | 1,636,000 | | | 921,737 |
Gail India LTD(a) | | | 162,368 | | | 2,305,626 |
PetroChina Co. Ltd. - Class H | | | 1,176,000 | | | 883,426 |
Petroleo Brasileiro SA | | | 76,100 | | | 512,739 |
Reliance Industries Ltd. - GDR(c) | | | 126,711 | | | 7,932,109 |
| | | | | | 12,555,637 |
Oil & Gas Services - 0.9%
| | | | | | |
Dialog Group Bhd | | | 1,267,600 | | | 599,208 |
Sinopec Engineering Group Co. Ltd. - Class H | | | 1,039,500 | | | 723,389 |
| | | | | | 1,322,597 |
Pharmaceuticals - 0.7%
| | | | | | |
CSPC Pharmaceutical Group Ltd. | | | 772,000 | | | 570,999 |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. - Class H | | | 222,000 | | | 522,010 |
| | | | | | 1,093,009 |
Real Estate - 1.2%
| | | | | | |
Allos SA | | | 144,200 | | | 553,263 |
LAMDA Development SA(a) | | | 91,613 | | | 737,424 |
Multiplan Empreendimentos Imobiliarios SA | | | 119,900 | | | 530,755 |
| | | | | | 1,821,442 |
Retail - 1.1%
| | | | | | |
Astra International Tbk PT | | | 1,103,500 | | | 358,576 |
Home Product Center PCL - NVDR | | | 1,613,400 | | | 456,600 |
Yum China Holdings, Inc. | | | 18,150 | | | 816,669 |
| | | | | | 1,631,845 |
Semiconductors - 11.3%
| | | | | | |
ASE Technology Holding Co. Ltd. | | | 165,000 | | | 808,521 |
Inari Amertron Bhd | | | 865,800 | | | 569,423 |
MediaTek, Inc. | | | 33,000 | | | 1,328,652 |
Novatek Microelectronics Corp. | | | 29,000 | | | 455,275 |
Powertech Technology, Inc. | | | 94,000 | | | 371,130 |
Realtek Semiconductor Corp. | | | 34,000 | | | 507,771 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Gradient Tactical Rotation Strategy ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Semiconductors - (Continued)
|
Taiwan Semiconductor Manufacturing Co. Ltd. | | | 394,000 | | | $12,666,042 |
United Microelectronics Corp. | | | 315,000 | | | 473,385 |
| | | | | | 17,180,199 |
Software - 0.8%
| | | | | | |
NetEase, Inc. | | | 50,700 | | | 807,381 |
Yalla Group Ltd. - ADR(a) | | | 102,881 | | | 425,927 |
| | | | | | 1,233,308 |
Telecommunications - 3.9%
| | | | | | |
Advanced Info Service PCL - NVDR | | | 51,600 | | | 420,507 |
Billion Electric Co. Ltd. | | | 375,000 | | | 392,673 |
Chunghwa Telecom Co. Ltd. | | | 114,000 | | | 434,082 |
Hellenic Telecommunications Organization SA | | | 40,302 | | | 665,029 |
HTC Corp.(a) | | | 278,000 | | | 381,773 |
Maxis Bhd | | | 776,400 | | | 641,829 |
Telkom Indonesia Persero Tbk PT | | | 2,127,300 | | | 382,223 |
TIM SA/Brazil | | | 109,800 | | | 314,723 |
Vodacom Group Ltd. | | | 122,310 | | | 763,137 |
Xiaomi Corp. - Class B(a)(c) | | | 449,200 | | | 1,542,769 |
| | | | | | 5,938,745 |
TOTAL COMMON STOCKS
(Cost $156,286,770) | | | | | | 147,194,025 |
PREFERRED STOCKS - 2.1%
| | | | | | |
Banks - 1.0%
| | | | | | |
Banco Bradesco SA 0.00%, | | | 249,300 | | | 621,859 |
Itau Unibanco Holding SA 0.00%, | | | 156,000 | | | 948,538 |
| | | | | | 1,570,397 |
Investment Companies - 0.3%
| | | | | | |
Itausa SA 0.00%, | | | 281,600 | | | 516,349 |
Iron/Steel - 0.4%
| | | | | | |
Gerdau SA 0.00%, | | | 182,600 | | | 576,774 |
Oil & Gas - 0.4%
| | | | | | |
Petroleo Brasileiro SA 0.00%, | | | 89,900 | | | 557,355 |
TOTAL PREFERRED STOCKS
(Cost $3,557,535) | | | | | | 3,220,875 |
| | | Units | | | |
SHORT-TERM INVESTMENTS - 4.6%
| | | | | | |
Investments Purchased with Proceeds from Securities Lending - 4.0%
| | | | | | |
Mount Vernon Liquid Assets Portfolio, LLC, 5.00%(d) | | | 5,999,779 | | | 5,999,779 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Gradient Tactical Rotation Strategy ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
SHORT-TERM INVESTMENTS - (Continued)
|
U.S. Treasury Bills - 0.6%
| | | | | | |
4.47%, 01/30/2025(e) | | | $1,051,000 | | | $1,039,349 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $7,039,164) | | | | | | 7,039,128 |
TOTAL INVESTMENTS - 103.2%
(Cost $166,883,469) | | | | | | $157,454,028 |
Money Market Deposit Account - 0.0%(f) | | | | | | 6,325 |
Liabilities in Excess of Other Assets - (3.7)% | | | | | | (5,686,964) |
TOTAL NET ASSETS - 100.0% | | | | | | $151,773,389 |
| | | | | | | |
Percentages are stated as a percent of net assets.
ADR - American Depositary Receipt
AS - Aksjeselskap
GDR - Global Depositary Receipt
NVDR - Non-Voting Depositary Receipt
PCL - Public Company Limited
PLC - Public Limited Company
SA - Sociedad Anónima
SAB de CV - Sociedad Anónima Bursátilde Capital Variable
(a)
| Non-income producing security.
|
(b)
| All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $5,789,564 which represented 3.8% of net assets. See note 6. |
(c)
| Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of October 31, 2024, the value of these securities total $13,457,953 or 8.9% of the Fund’s net assets. |
(d)
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024. |
(e)
| The rate shown is the effective yield as of October 31, 2024. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Common Stocks | | | $147,194,025 | | | 97.0% |
Preferred Stocks | | | 3,220,875 | | | 2.1 |
Investments Purchased with Proceeds from Securities Lending | | | 5,999,779 | | | 4.0 |
U.S. Treasury Bills | | | 1,039,349 | | | 0.6 |
Money Market Deposit Account | | | 6,325 | | | 0.0 |
Liabilities in Excess of Other Assets | | | (5,686,964) | | | (3.7) |
| | | $151,773,389 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Hedged Nasdaq-100 ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
COMMON STOCKS - 99.0%
| | | | | | |
Advertising - 0.4%
| | | | | | |
Trade Desk, Inc. - Class A(a) | | | 169 | | | $20,315 |
Auto Manufacturers - 3.4%
| | | | | | |
PACCAR, Inc. | | | 197 | | | 20,543 |
Tesla, Inc.(a) | | | 704 | | | 175,895 |
| | | | | | 196,438 |
Beverages - 2.3%
| | | | | | |
Coca-Cola Europacific Partners PLC | | | 172 | | | 13,072 |
Keurig Dr Pepper, Inc. | | | 510 | | | 16,805 |
Monster Beverage Corp.(a) | | | 368 | | | 19,386 |
PepsiCo, Inc. | | | 516 | | | 85,697 |
| | | | | | 134,960 |
Biotechnology - 3.7%
| | | | | | |
Amgen, Inc. | | | 201 | | | 64,352 |
Biogen, Inc.(a) | | | 55 | | | 9,570 |
Gilead Sciences, Inc. | | | 468 | | | 41,568 |
Illumina, Inc.(a) | | | 60 | | | 8,648 |
Moderna, Inc.(a) | | | 144 | | | 7,828 |
Regeneron Pharmaceuticals, Inc.(a) | | | 41 | | | 34,366 |
Vertex Pharmaceuticals, Inc.(a) | | | 97 | | | 46,170 |
| | | | | | 212,502 |
Chemicals - 1.4%
| | | | | | |
Linde PLC | | | 179 | | | 81,650 |
Commercial Services - 2.1%
| | | | | | |
Automatic Data Processing, Inc. | | | 153 | | | 44,253 |
Cintas Corp. | | | 152 | | | 31,283 |
PayPal Holdings, Inc.(a) | | | 385 | | | 30,531 |
Verisk Analytics, Inc. | | | 54 | | | 14,835 |
| | | | | | 120,902 |
Computers - 10.1%
| | | | | | |
Apple, Inc. | | | 2,211 | | | 499,488 |
Cognizant Technology Solutions Corp. - Class A | | | 187 | | | 13,948 |
Crowdstrike Holdings, Inc. - Class A(a) | | | 88 | | | 26,125 |
Fortinet, Inc.(a) | | | 288 | | | 22,654 |
Super Micro Computer, Inc.(a) | | | 220 | | | 6,404 |
Zscaler, Inc.(a) | | | 56 | | | 10,124 |
| | | | | | 578,743 |
Distribution/Wholesale - 0.6%
| | | | | | |
Copart, Inc.(a) | | | 361 | | | 18,580 |
Fastenal Co. | | | 215 | | | 16,809 |
| | | | | | 35,389 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Hedged Nasdaq-100 ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Electric - 1.4%
| | | | | | |
American Electric Power Co., Inc. | | | 200 | | | $19,750 |
Constellation Energy Corp. | | | 117 | | | 30,767 |
Exelon Corp. | | | 377 | | | 14,816 |
Xcel Energy, Inc. | | | 209 | | | 13,963 |
| | | | | | 79,296 |
Electronics - 0.9%
| | | | | | |
Honeywell International, Inc. | | | 244 | | | 50,186 |
Food - 0.9%
| | | | | | |
Kraft Heinz Co. | | | 455 | | | 15,224 |
Mondelez International, Inc. - Class A | | | 502 | | | 34,377 |
| | | | | | 49,601 |
Healthcare-Products - 1.7%
| | | | | | |
GE HealthCare Technologies, Inc. | | | 172 | | | 15,024 |
IDEXX Laboratories, Inc.(a) | | | 30 | | | 12,208 |
Intuitive Surgical, Inc.(a) | | | 134 | | | 67,514 |
| | | | | | 94,746 |
Internet - 21.0%
| | | | | | |
Airbnb, Inc. - Class A(a) | | | 165 | | | 22,240 |
Alphabet, Inc. - Class A | | | 852 | | | 145,786 |
Alphabet, Inc. - Class C | | | 812 | | | 140,224 |
Amazon.com, Inc.(a) | | | 1,526 | | | 284,446 |
Booking Holdings, Inc. | | | 12 | | | 56,115 |
CDW Corp./DE | | | 51 | | | 9,600 |
DoorDash, Inc. - Class A(a) | | | 145 | | | 22,722 |
MercadoLibre, Inc.(a) | | | 19 | | | 38,706 |
Meta Platforms, Inc. - Class A | | | 505 | | | 286,629 |
Netflix, Inc.(a) | | | 161 | | | 121,721 |
Palo Alto Networks, Inc.(a) | | | 122 | | | 43,960 |
PDD Holdings, Inc. - ADR(a) | | | 251 | | | 30,268 |
| | | | | | 1,202,417 |
Lodging - 0.5%
| | | | | | |
Marriott International, Inc./MD - Class A | | | 106 | | | 27,562 |
Media - 1.5%
| | | | | | |
Charter Communications, Inc. - Class A(a) | | | 54 | | | 17,691 |
Comcast Corp. - Class A | | | 1,450 | | | 63,321 |
Warner Bros Discovery, Inc.(a) | | | 920 | | | 7,480 |
| | | | | | 88,492 |
Oil & Gas - 0.3%
| | | | | | |
Diamondback Energy, Inc. | | | 110 | | | 19,445 |
Oil & Gas Services - 0.2%
| | | | | | |
Baker Hughes Co. | | | 374 | | | 14,242 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Hedged Nasdaq-100 ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Pharmaceuticals - 0.5%
| | | | | | |
AstraZeneca PLC - ADR | | | 218 | | | $15,511 |
Dexcom, Inc.(a) | | | 151 | | | 10,642 |
| | | | | | 26,153 |
Real Estate - 0.2%
| | | | | | |
CoStar Group, Inc.(a) | | | 154 | | | 11,210 |
Retail - 4.3%
| | | | | | |
Costco Wholesale Corp. | | | 167 | | | 145,987 |
Dollar Tree, Inc.(a) | | | 81 | | | 5,236 |
Lululemon Athletica, Inc.(a) | | | 44 | | | 13,108 |
O'Reilly Automotive, Inc.(a) | | | 21 | | | 24,216 |
Ross Stores, Inc. | | | 126 | | | 17,605 |
Starbucks Corp. | | | 426 | | | 41,620 |
| | | | | | 247,772 |
Semiconductors - 23.8%
| | | | | | |
Advanced Micro Devices, Inc.(a) | | | 608 | | | 87,595 |
Analog Devices, Inc. | | | 187 | | | 41,722 |
Applied Materials, Inc. | | | 309 | | | 56,108 |
ARM Holdings PLC - ADR(a) | | | 47 | | | 6,641 |
ASML Holding NV | | | 35 | | | 23,539 |
Broadcom, Inc. | | | 1,741 | | | 295,570 |
GLOBALFOUNDRIES, Inc.(a) | | | 207 | | | 7,556 |
Intel Corp. | | | 1,606 | | | 34,561 |
KLA Corp. | | | 51 | | | 33,978 |
Lam Research Corp. | | | 488 | | | 36,283 |
Marvell Technology, Inc. | | | 325 | | | 26,036 |
Microchip Technology, Inc. | | | 201 | | | 14,747 |
Micron Technology, Inc. | | | 416 | | | 41,454 |
NVIDIA Corp. | | | 3,567 | | | 473,554 |
NXP Semiconductors NV | | | 96 | | | 22,512 |
ON Semiconductor Corp.(a) | | | 161 | | | 11,349 |
QUALCOMM, Inc. | | | 419 | | | 68,201 |
Texas Instruments, Inc. | | | 343 | | | 69,684 |
| | | | | | 1,351,090 |
Software - 13.9%
| | | | | | |
Adobe, Inc.(a) | | | 167 | | | 79,839 |
ANSYS, Inc.(a) | | | 33 | | | 10,574 |
Atlassian Corp. - Class A(a) | | | 61 | | | 11,501 |
Autodesk, Inc.(a) | | | 81 | | | 22,988 |
Cadence Design Systems, Inc.(a) | | | 102 | | | 28,164 |
Datadog, Inc. - Class A(a) | | | 117 | | | 14,676 |
Electronic Arts, Inc. | | | 99 | | | 14,934 |
Intuit, Inc. | | | 105 | | | 64,082 |
Microsoft Corp. | | | 1,081 | | | 439,265 |
MongoDB, Inc.(a) | | | 28 | | | 7,571 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Hedged Nasdaq-100 ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Software - (Continued)
|
Paychex, Inc. | | | 135 | | | $18,810 |
Roper Technologies, Inc. | | | 40 | | | 21,509 |
Synopsys, Inc.(a) | | | 57 | | | 29,276 |
Take-Two Interactive Software, Inc.(a) | | | 66 | | | 10,674 |
Workday, Inc. - Class A(a) | | | 80 | | | 18,708 |
| | | | | | 792,571 |
Telecommunications - 3.2%
| | | | | | |
Cisco Systems, Inc. | | | 1,513 | | | 82,867 |
T-Mobile US, Inc. | | | 439 | | | 97,967 |
| | | | | | 180,834 |
Transportation - 0.7%
| | | | | | |
CSX Corp. | | | 729 | | | 24,523 |
Old Dominion Freight Line, Inc. | | | 81 | | | 16,307 |
| | | | | | 40,830 |
TOTAL COMMON STOCKS
(Cost $5,665,055) | | | | | | 5,657,346 |
| | | | | | | |
| | | | | | | | | | |
PURCHASED OPTIONS - 2.0%
| | | | | | | | | |
Put Options - 2.0%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $463.67 (b)(c)(d) | | | $5,661,045 | | | 117 | | | 113,958 |
TOTAL PURCHASED OPTIONS
(Cost $114,738) | | | | | | | | | 113,958 |
TOTAL INVESTMENTS - 101.0%
(Cost $5,779,793) | | | | | | | | | $5,771,304 |
Money Market Deposit Account - 0.1%(e) | | | | | | | | | 5,859 |
Liabilities in Excess of Other Assets - (1.1)% | | | | | | | | | (64,687) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $5,712,476 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
ADR - American Depositary Receipt
NV - Naamloze Vennootschap
PLC - Public Limited Company
(a)
| Non-income producing security. |
(b)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| 100 shares per contract. |
(e)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Hedged Nasdaq-100 ETF
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.1)%
|
Call Options - (0.5)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $526.53(a)(b) | | | $(5,661,045) | | | (117) | | | $(30,771) |
Put Options - (0.6)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $414.86(a)(b) | | | (5,661,045) | | | (117) | | | (33,813) |
TOTAL WRITTEN OPTIONS
(Premiums received $104,154) | | | | | | | | | $(64,584) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Common Stocks | | | $5,657,346 | | | 99.0% |
Purchased Options | | | 113,958 | | | 2.0 |
Written Options | | | (64,584) | | | (1.1) |
Money Market Deposit Account | | | 5,859 | | | 0.1 |
Liabilities in Excess of Other Assets | | | 103 | | | (0.0) |
| | | $5,712,476 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator IBD 50 ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
COMMON STOCKS - 99.5%
| | | | | | |
Advertising - 1.0%
| | | | | | |
Trade Desk, Inc. - ClassA(a) | | | 5,400 | | | $649,134 |
Aerospace/Defense - 1.0%
| | | | | | |
Howmet Aerospace, Inc. | | | 6,153 | | | 613,577 |
Agriculture - 1.0%
| | | | | | |
Vital Farms, Inc.(a) | | | 17,596 | | | 610,229 |
Biotechnology - 6.2%
| | | | | | |
Alnylam Pharmaceuticals, Inc.(a) | | | 6,438 | | | 1,716,307 |
Argenx SE - ADR(a) | | | 567 | | | 332,432 |
BeiGene Ltd. - ADR(a)(b) | | | 2,863 | | | 580,158 |
Travere Therapeutics, Inc.(a) | | | 70,540 | | | 1,234,450 |
| | | | | | 3,863,347 |
Building Materials - 1.9%
| | | | | | |
Trane Technologies PLC | | | 3,197 | | | 1,183,402 |
Commercial Services - 8.3%
| | | | | | |
Affirm Holdings, Inc.(a) | | | 30,268 | | | 1,327,252 |
Shift4 Payments, Inc. - Class A(a)(b) | | | 13,571 | | | 1,227,361 |
Stride, Inc.(a)(b) | | | 21,160 | | | 1,973,805 |
Toast, Inc. - Class A(a) | | | 21,632 | | | 649,609 |
| | | | | | 5,178,027 |
Computers - 0.5%
| | | | | | |
Fortinet, Inc.(a) | | | 3,936 | | | 309,606 |
Diversified Financial Services - 2.0%
| | | | | | |
FTAI Aviation Ltd.(b) | | | 4,493 | | | 604,039 |
Interactive Brokers Group, Inc. - Class A | | | 4,292 | | | 654,873 |
| | | | | | 1,258,912 |
Electrical Components & Equipment - 4.1%
| | | | | | |
American Superconductor Corp.(a)(b) | | | 14,258 | | | 349,606 |
Powell Industries, Inc.(b) | | | 8,679 | | | 2,212,972 |
| | | | | | 2,562,578 |
Electronics - 3.6%
| | | | | | |
Celestica, Inc.(a) | | | 33,030 | | | 2,259,252 |
Engineering & Construction - 6.4%
| | | | | | |
Comfort Systems USA, Inc. | | | 3,072 | | | 1,201,275 |
Dycom Industries, Inc.(a) | | | 3,249 | | | 566,398 |
EMCOR Group, Inc. | | | 4,970 | | | 2,216,968 |
| | | | | | 3,984,641 |
Healthcare-Products - 2.0%
| | | | | | |
Lantheus Holdings, Inc.(a)(b) | | | 11,438 | | | 1,256,350 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator IBD 50 ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Healthcare-Services - 0.5%
| | | | | | |
PACS Group, Inc.(a)(b) | | | 7,533 | | | $321,508 |
Insurance - 3.6%
| | | | | | |
Baldwin Insurance Group, Inc. - Class A(a)(b) | | | 42,696 | | | 1,975,117 |
Ryan Specialty Holdings, Inc. | | | 4,550 | | | 299,708 |
| | | | | | 2,274,825 |
Internet - 4.7%
| | | | | | |
DoorDash, Inc. - Class A(a)(b) | | | 2,096 | | | 328,443 |
Hims & Hers Health, Inc.(a)(b) | | | 103,584 | | | 1,950,487 |
Netflix, Inc.(a) | | | 844 | | | 638,089 |
| | | | | | 2,917,019 |
Leisure Time - 3.1%
| | | | | | |
Royal Caribbean Cruises Ltd.(b) | | | 9,437 | | | 1,947,325 |
Lodging - 3.0%
| | | | | | |
Atour Lifestyle Holdings Ltd. - ADR | | | 71,740 | | | 1,879,588 |
Machinery-Construction & Mining - 4.1%
| | | | | | |
Argan, Inc. | | | 2,625 | | | 346,605 |
Vertiv Holdings Co. - Class A | | | 20,438 | | | 2,233,669 |
| | | | | | 2,580,274 |
Miscellaneous Manufacturing - 2.9%
| | | | | | |
Axon Enterprise, Inc.(a) | | | 4,288 | | | 1,815,968 |
Pharmaceuticals - 2.9%
| | | | | | |
Harrow, Inc.(a)(b) | | | 40,845 | | | 1,840,476 |
Private Equity - 0.5%
| | | | | | |
KKR & Co., Inc. | | | 2,283 | | | 315,602 |
Retail - 1.0%
| | | | | | |
BBB Foods, Inc. - Class A(a)(b) | | | 19,553 | | | 624,523 |
Semiconductors - 9.2%
| | | | | | |
ARM Holdings PLC - ADR(a)(b) | | | 13,329 | | | 1,883,388 |
NVIDIA Corp. | | | 15,869 | | | 2,106,768 |
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | | | 9,451 | | | 1,800,794 |
| | | | | | 5,790,950 |
Software - 24.0%
| | | | | | |
Clear Secure, Inc. - Class A(b) | | | 62,790 | | | 2,309,416 |
Clearwater Analytics Holdings, Inc. - Class A(a) | | | 48,246 | | | 1,259,703 |
Doximity, Inc. - Class A(a)(b) | | | 53,467 | | | 2,231,713 |
Duolingo, Inc.(a) | | | 6,781 | | | 1,986,630 |
Klaviyo, Inc. - Class A(a)(b) | | | 33,068 | | | 1,257,576 |
Monday.com Ltd.(a) | | | 4,479 | | | 1,316,244 |
Palantir Technologies, Inc. - Class A(a) | | | 51,999 | | | 2,161,078 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator IBD 50 ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Software - (Continued)
|
Samsara, Inc. - Class A(a) | | | 40,157 | | | $1,919,103 |
ServiceNow, Inc.(a) | | | 349 | | | 325,613 |
Vertex, Inc. - Class A(a) | | | 7,563 | | | 313,940 |
| | | | | | 15,081,016 |
Telecommunications - 2.0%
| | | | | | |
Arista Networks, Inc.(a) | | | 3,212 | | | 1,241,245 |
TOTAL COMMON STOCKS
(Cost $58,293,524) | | | | | | 62,359,374 |
| | | Units | | | |
SHORT-TERM INVESTMENTS - 32.2%
| | | | | | |
Investments Purchased with Proceeds from Securities Lending - 32.2%
| | | | | | |
Mount Vernon Liquid Assets Portfolio, LLC, 5.00%(c) | | | 20,185,538 | | | 20,185,538 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $20,185,538) | | | | | | 20,185,538 |
TOTAL INVESTMENTS - 131.7%
(Cost $78,479,062) | | | | | | $82,544,912 |
Money Market Deposit Account - 0.6%(d) | | | | | | 420,557 |
Liabilities in Excess of Other Assets - (32.3)% | | | | | | (20,232,962) |
TOTAL NET ASSETS - 100.0% | | | | | | $62,732,507 |
| | | | | | | |
Percentages are stated as a percent of net assets.
ADR - American Depositary Receipt
PLC - Public Limited Company
SE - Societas Europeae
(a)
| Non-income producing security. |
(b)
| All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $19,440,670 which represented 31.0% of net assets. See note 6. |
(c)
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Common Stocks | | | $62,359,374 | | | 99.5% |
Investments Purchased with Proceeds from Securities Lending | | | 20,185,538 | | | 32.2 |
Money Market Deposit Account | | | 420,557 | | | 0.6 |
Liabilities in Excess of Other Assets | | | (20,232,962) | | | (32.3) |
| | | $62,732,507 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator IBD Breakout Opportunities ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
COMMON STOCKS - 92.8%
| | | | | | |
Apparel - 3.5%
| | | | | | |
On Holding AG - Class A(a)(b) | | | 9,499 | | | $450,442 |
Auto Manufacturers - 2.4%
| | | | | | |
Ferrari NV | | | 658 | | | 313,129 |
Banks - 5.6%
| | | | | | |
Morgan Stanley(b) | | | 4,802 | | | 558,233 |
NU Holdings Ltd./Cayman Islands - Class A(a) | | | 10,738 | | | 162,036 |
| | | | | | 720,269 |
Biotechnology - 4.3%
| | | | | | |
BioAge Labs, Inc.(a)(b) | | | 23,317 | | | 550,281 |
Commercial Services - 3.7%
| | | | | | |
Block, Inc.(a) | | | 6,615 | | | 478,397 |
Computers - 6.8%
| | | | | | |
Rubrik, Inc. - Class A(a)(b) | | | 14,238 | | | 587,460 |
Varonis Systems, Inc.(a) | | | 5,635 | | | 283,835 |
| | | | | | 871,295 |
Diversified Financial Services - 0.6%
| | | | | | |
Interactive Brokers Group, Inc. - Class A | | | 483 | | | 73,696 |
Electrical Components & Equipment - 3.6%
| | | | | | |
Eaton Corp. PLC | | | 1,393 | | | 461,891 |
Engineering & Construction - 0.6%
| | | | | | |
Construction Partners, Inc. - Class A(a) | | | 917 | | | 72,195 |
Healthcare-Products - 0.6%
| | | | | | |
Lantheus Holdings, Inc.(a)(b) | | | 644 | | | 70,737 |
Healthcare-Services - 2.4%
| | | | | | |
HealthEquity, Inc.(a) | | | 3,640 | | | 310,310 |
Home Furnishings - 1.1%
| | | | | | |
SharkNinja, Inc.(b) | | | 1,470 | | | 135,549 |
Insurance - 7.6%
| | | | | | |
Equitable Holdings, Inc. | | | 10,689 | | | 484,639 |
Mercury General Corp.(b) | | | 7,175 | | | 485,245 |
| | | | | | 969,884 |
Internet - 8.7%
| | | | | | |
Amazon.com, Inc.(a) | | | 1,708 | | | 318,371 |
Expedia Group, Inc.(a)(b) | | | 3,542 | | | 553,650 |
JD.com, Inc. - ADR | | | 1,785 | | | 72,507 |
Trip.com Group Ltd. - ADR(a)(b) | | | 2,590 | | | 166,796 |
| | | | | | 1,111,324 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator IBD Breakout Opportunities ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Management of Companies and Enterprises - 4.4%
| | | | | | |
VIKING HOLDINGS Ltd. ORD SHS(a) | | | 14,483 | | | $568,458 |
Media - 4.3%
| | | | | | |
Liberty Broadband Corp. - Class C(a) | | | 6,846 | | | 553,294 |
Mining - 0.5%
| | | | | | |
Anglogold Ashanti PLC | | | 2,422 | | | 67,332 |
Miscellaneous Manufacturing - 1.1%
| | | | | | |
Axon Enterprise, Inc.(a) | | | 161 | | | 68,184 |
Fabrinet(a) | | | 287 | | | 69,158 |
| | | | | | 137,342 |
Pharmaceuticals - 0.6%
| | | | | | |
Corcept Therapeutics, Inc.(a) | | | 1,512 | | | 74,043 |
Retail - 2.4%
| | | | | | |
Chipotle Mexican Grill, Inc.(a)(b) | | | 5,390 | | | 300,600 |
Semiconductors - 1.7%
| | | | | | |
NVIDIA Corp. | | | 504 | | | 66,911 |
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | | | 784 | | | 149,383 |
| | | | | | 216,294 |
Software - 20.1%
| | | | | | |
Alkami Technology, Inc.(a) | | | 4,193 | | | 153,506 |
Clearwater Analytics Holdings, Inc. - Class A(a) | | | 6,097 | | | 159,193 |
Datadog, Inc. - Class A(a) | | | 1,260 | | | 158,055 |
Dynatrace, Inc.(a)(b) | | | 5,929 | | | 318,980 |
Salesforce, Inc. | | | 1,659 | | | 483,383 |
ServiceNow, Inc.(a) | | | 168 | | | 156,742 |
Twilio, Inc. - Class A(a) | | | 7,959 | | | 641,894 |
Zoom Video Communications, Inc. - Class A(a) | | | 6,615 | | | 494,405 |
| | | | | | 2,566,158 |
Telecommunications - 6.2%
| | | | | | |
Credo Technology Group Holding Ltd.(a) | | | 8,183 | | | 308,499 |
InterDigital, Inc.(b) | | | 3,262 | | | 490,735 |
| | | | | | 799,234 |
TOTAL COMMON STOCKS
(Cost $11,448,034) | | | | | | 11,872,154 |
REAL ESTATE INVESTMENT TRUSTS - 7.2%
| | | | | | |
American Healthcare REIT, Inc. | | | 21,679 | | | 576,661 |
CareTrust REIT, Inc. | | | 10,374 | | | 338,919 |
TOTAL REAL ESTATE INVESTMENT TRUSTS
(Cost $671,599) | | | | | | 915,580 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator IBD Breakout Opportunities ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
SHORT-TERM INVESTMENTS - 31.0%
| | | | | | |
Investments Purchased with Proceeds from Securities Lending - 31.0%
| | | | | | |
Mount Vernon Liquid Assets Portfolio, LLC, 5.00%(c) | | | 3,961,410 | | | $3,961,410 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $3,961,411) | | | | | | 3,961,410 |
TOTAL INVESTMENTS - 131.0%
(Cost $16,081,044) | | | | | | $16,749,144 |
Money Market Deposit Account - 0.0%(d) | | | | | | 4,681 |
Liabilities in Excess of Other Assets - (31.0)% | | | | | | (3,962,695) |
TOTAL NET ASSETS - 100.0% | | | | | | $12,791,130 |
| | | | | | | |
Percentages are stated as a percent of net assets.
ADR - American Depositary Receipt
AG - Aktiengesellschaft
NV - Naamloze Vennootschap
PLC - Public Limited Company
(a)
| Non-income producing security. |
(b)
| All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $3,753,125 which represented 29.3% of net assets. See note 6. |
(c)
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Common Stocks | | | $11,872,153 | | | 92.8% |
Real Estate Investment Trusts | | | 915,580 | | | 7.2 |
Investments Purchased with Proceeds from Securities Lending | | | 3,961,411 | | | 31.0 |
Money Market Deposit Account | | | 4,681 | | | 0.0 |
Liabilities in Excess of Other Assets | | | (3,962,695) | | | (31.0) |
| | | $12,791,130 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Laddered Allocation Buffer ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
AFFILIATED EXCHANGE TRADED FUNDS - 99.9%
| | | | | | |
Innovator U.S. Equity Buffer ETF - January(a)(b)(c) | | | 293,945 | | | $13,724,292 |
Innovator U.S. Equity Buffer ETF - February(a)(c) | | | 326,288 | | | 13,714,929 |
Innovator U.S. Equity Buffer ETF - March(a)(c) | | | 303,812 | | | 13,638,121 |
Innovator U.S. Equity Buffer ETF - April(a)(c) | | | 315,291 | | | 13,618,427 |
Innovator U.S. Equity Buffer ETF - May(a)(c) | | | 347,140 | | | 13,675,997 |
Innovator U.S. Equity Buffer ETF - June(a)(c) | | | 336,251 | | | 13,642,207 |
Innovator U.S. Equity Buffer ETF - July(a)(c) | | | 312,911 | | | 13,592,854 |
Innovator U.S. Equity Buffer ETF - August(a)(b)(c) | | | 319,839 | | | 13,619,704 |
Innovator U.S. Equity Buffer ETF - September(a)(c) | | | 324,732 | | | 13,616,760 |
Innovator U.S. Equity Buffer ETF - October(a)(b)(c) | | | 322,243 | | | 13,601,877 |
Innovator U.S. Equity Buffer ETF - November(a)(c) | | | 359,814 | | | 13,797,068 |
Innovator U.S. Equity Buffer ETF -December(a)(c) | | | 318,156 | | | 13,772,432 |
TOTAL AFFILIATED EXCHANGE TRADED FUNDS
(Cost $144,317,412) | | | | | | 164,014,668 |
| | | Units | | | |
SHORT-TERM INVESTMENTS - 0.2%
| | | | | | |
Investments Purchased with Proceeds from Securities Lending - 0.2%
| | | | | | |
Mount Vernon Liquid Assets Portfolio, LLC, 5.00%(d) | | | 345,975 | | | 345,975 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $345,975) | | | | | | 345,975 |
TOTAL INVESTMENTS - 100.1%
(Cost $144,663,387) | | | | | | $164,360,643 |
Money Market Deposit Account - 0.1%(e) | | | | | | 190,516 |
Liabilities in Excess of Other Assets - (0.2)% | | | | | | (353,843) |
TOTAL NET ASSETS - 100.0% | | | | | | $164,197,316 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Non-income producing security.
|
(b)
| All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $335,244 which represented 0.2% of net assets. See note 6.
|
(c)
| Affiliated company as defined by the Investment Company Act of 1940.
|
(d)
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024.
|
(e)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Affiliated Exchange Traded Funds | | | $164,014,668 | | | 99.9% |
Investments Purchased with Proceeds from Securities Lending | | | 345,975 | | | 0.2 |
Money Market Deposit Account | | | 190,516 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (353,843) | | | (0.2) |
| | | $164,197,316 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Laddered Allocation Power Buffer ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
AFFILIATED EXCHANGE TRADED FUNDS - 99.9%
| | | | | | |
Innovator U.S. Equity Power Buffer ETF - January(a)(b) | | | 973,901 | | | $40,342,291 |
Innovator U.S. Equity Power Buffer ETF - February(a)(b)(c) | | | 1,116,298 | | | 40,276,143 |
Innovator U.S. Equity Power Buffer ETF - March(a)(b) | | | 1,023,509 | | | 40,111,318 |
Innovator U.S. Equity Power Buffer ETF - April(a)(b) | | | 1,115,989 | | | 39,997,046 |
Innovator U.S. Equity Power Buffer ETF - May(a)(b)(c) | | | 1,141,539 | | | 40,222,127 |
Innovator U.S. Equity Power Buffer ETF - June(a)(b) | | | 1,090,233 | | | 40,109,672 |
Innovator U.S. Equity Power Buffer ETF - July(a)(b) | | | 992,570 | | | 39,931,091 |
Innovator U.S. Equity Power Buffer ETF - August(a)(b) | | | 1,060,044 | | | 39,953,058 |
Innovator U.S. Equity Power Buffer ETF - September(a)(b) | | | 1,043,069 | | | 39,959,973 |
Innovator U.S. Equity Power Buffer ETF - October(a)(b)(c) | | | 1,030,034 | | | 39,841,715 |
Innovator U.S. Equity Power Buffer ETF - November(a)(b)(c) | | | 1,090,671 | | | 40,485,708 |
Innovator U.S. Equity Power Buffer ETF - December(a)(b) | | | 1,050,668 | | | 40,513,758 |
TOTAL AFFILIATED EXCHANGE TRADED FUNDS
(Cost $424,055,237) | | | | | | 481,743,900 |
| | | Units | | | |
SHORT-TERM INVESTMENTS - 0.7%
| | | | | | |
Investments Purchased with Proceeds from Securities Lending - 0.7%
| | | | | | |
Mount Vernon Liquid Assets Portfolio, LLC, 5.00%(d) | | | 3,324,275 | | | 3,324,275 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $3,324,275) | | | | | | 3,324,275 |
TOTAL INVESTMENTS - 100.6%
(Cost $427,379,512) | | | | | | $485,068,175 |
Money Market Deposit Account - 0.1%(e) | | | | | | 775,122 |
Liabilities in Excess of Other Assets - (0.7)% | | | | | | (3,346,105) |
TOTAL NET ASSETS - 100.0% | | | | | | $482,497,192 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Non-income producing security.
|
(b)
| Affiliated company as defined by the Investment Company Act of 1940.
|
(c)
| All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $3,234,157 which represented 0.7% of net assets. See note 6.
|
(d)
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024.
|
(e)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Affiliated Exchange Traded Funds | | | $481,743,900 | | | 99.9% |
Investments Purchased with Proceeds from Securities Lending | | | 3,324,275 | | | 0.7 |
Money Market Deposit Account | | | 775,122 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (3,346,105) | | | (0.7) |
| | | $482,497,192 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Nasdaq-100 Managed Floor ETF
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
COMMON STOCKS - 96.4%
| | | | | | |
Advertising - 0.7%
| | | | | | |
Trade Desk, Inc. - Class A(a) | | | 11,971 | | | $1,439,034 |
Auto Manufacturers - 3.3%
| | | | | | | | | |
Tesla, Inc.(a) | | | 27,714 | | | 6,924,343 |
Beverages - 2.2%
| | | | | | |
Coca-Cola Europacific Partners PLC | | | 31,162 | | | 2,368,312 |
Keurig Dr Pepper, Inc. | | | 69,386 | | | 2,286,269 |
| | | | | | | | | 4,654,581 |
Biotechnology - 4.2%
| | | | | | |
Amgen, Inc. | | | 13,354 | | | 4,275,416 |
Gilead Sciences, Inc. | | | 47,290 | | | 4,200,298 |
Moderna, Inc.(a) | | | 4,197 | | | 228,149 |
| | | | | | | | | 8,703,863 |
Commercial Services - 2.5%
| | | | | | |
PayPal Holdings, Inc.(a) | | | 32,332 | | | 2,563,928 |
Verisk Analytics, Inc. | | | 9,248 | | | 2,540,610 |
| | | | | | 5,104,538 |
Computers - 9.4%
| | | | | | |
Apple, Inc. | | | 86,450 | | | 19,529,919 |
Distribution/Wholesale - 2.6%
| | | | | | |
Copart, Inc.(a) | | | 50,585 | | | 2,603,610 |
Fastenal Co. | | | 35,854 | | | 2,803,066 |
| | | | | | 5,406,676 |
Electric - 1.5%
| | | | | | |
Xcel Energy, Inc. | | | 46,101 | | | 3,080,008 |
Food - 1.2%
| | | | | | |
Kraft Heinz Co. | | | 72,056 | | | 2,410,994 |
Healthcare-Products - 0.8%
| | | | | | |
IDEXX Laboratories, Inc.(a) | | | 4,162 | | | 1,693,601 |
Internet - 20.2%
| | | | | | |
Alphabet, Inc. - Class A | | | 35,217 | | | 6,025,981 |
Alphabet, Inc. - Class C | | | 32,705 | | | 5,647,826 |
Amazon.com, Inc.(a) | | | 63,582 | | | 11,851,685 |
CDW Corp./DE | | | 7,050 | | | 1,327,021 |
Meta Platforms, Inc. - Class A | | | 18,224 | | | 10,343,578 |
Netflix, Inc.(a) | | | 7,070 | | | 5,345,132 |
PDD Holdings, Inc. - ADR(a) | | | 11,079 | | | 1,336,017 |
| | | | | | 41,877,240 |
Lodging - 1.5%
| | | | | | |
Marriott International, Inc./MD - Class A | | | 12,158 | | | 3,161,323 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Nasdaq-100 Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | | | | |
COMMON STOCKS - (Continued)
|
Oil & Gas - 0.8%
| | | | | | |
Diamondback Energy, Inc. | | | 8,972 | | | $1,585,980 |
Retail - 4.5%
| | | | | | |
Costco Wholesale Corp. | | | 8,189 | | | 7,158,660 |
Ross Stores, Inc. | | | 15,890 | | | 2,220,151 |
| | | | | | 9,378,811 |
Semiconductors - 23.3%
| | | | | | |
Advanced Micro Devices, Inc.(a) | | | 31,621 | | | 4,555,637 |
ASML Holding NV | | | 2,037 | | | 1,369,984 |
Broadcom, Inc. | | | 68,215 | | | 11,580,861 |
GLOBALFOUNDRIES, Inc.(a) | | | 27,745 | | | 1,012,692 |
KLA Corp. | | | 4,279 | | | 2,850,798 |
Marvell Technology, Inc. | | | 29,002 | | | 2,323,350 |
Microchip Technology, Inc. | | | 29,634 | | | 2,174,247 |
NVIDIA Corp. | | | 138,942 | | | 18,445,940 |
NXP Semiconductors NV | | | 11,293 | | | 2,648,209 |
ON Semiconductor Corp.(a) | | | 21,320 | | | 1,502,847 |
| | | | | | 48,464,565 |
Software - 15.0%
| | | | | | |
Adobe, Inc.(a) | | | 8,534 | | | 4,079,935 |
Autodesk, Inc.(a) | | | 8,819 | | | 2,502,832 |
Electronic Arts, Inc. | | | 17,004 | | | 2,565,053 |
Microsoft Corp. | | | 44,142 | | | 17,937,102 |
Take-Two Interactive Software, Inc.(a) | | | 10,277 | | | 1,661,997 |
Workday, Inc. - Class A(a) | | | 10,472 | | | 2,448,877 |
| | | | | | 31,195,796 |
Telecommunications - 2.7%
| | | | | | |
T-Mobile US, Inc. | | | 25,395 | | | 5,667,148 |
TOTAL COMMON STOCKS
(Cost$186,732,114) | | | | | | 200,278,420 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Nasdaq-100 Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | | | | |
PURCHASED OPTIONS−2.0%
| | | | | | | | | |
Put Options - 2.0%
| | | | | | | | | |
Invesco QQQ Trust Series 1(b)(c)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $384.00(d) | | | $52,497,725 | | | 1,085 | | | $164,920 |
Expiration: 03/31/2025; Exercise Price: $400.00(d) | | | 52,691,265 | | | 1,089 | | | 626,175 |
Expiration: 06/30/2025; Exercise Price: $430.00(d) | | | 51,530,025 | | | 1,065 | | | 1,443,075 |
Expiration: 09/30/2025; Exercise Price: $435.00(d) | | | 49,981,705 | | | 1,033 | | | 1,883,676 |
TOTAL PURCHASED OPTIONS
(Cost$5,410,624) | | | | | | | | | 4,117,846 |
TOTAL INVESTMENTS - 98.4%
(Cost $192,142,738) | | | | | | | | | $204,396,266 |
Money Market Deposit Account - 1.7%(e) | | | | | | | | | 3,587,121 |
Liabilities in Excess of Other Assets - (0.1)% | | | | | | | | | (222,514) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $207,760,873 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
ADR - American Depositary Receipt
NV - Naamloze Vennootschap
PLC - Public Limited Company
(a)
| Non-income producing security.
|
(c)
| 100 shares per contract.
|
(d)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(e)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Nasdaq-100 Managed Floor ETF
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.1)%
|
Call Options - (0.1)%
| | | | | | | | | |
NASDAQ 100 Index(a)(b)
| | | | | | | | | |
Expiration: 11/01/2024; Exercise Price: $20,870.00 | | | $(69,616,470) | | | (35) | | | $(910) |
Expiration: 11/06/2024; Exercise Price: $20,750.00 | | | (69,616,470) | | | (35) | | | (100,450) |
Expiration: 11/11/2024; Exercise Price: $21,125.00 | | | (69,616,470) | | | (35) | | | (75,110) |
Total Call Options | | | | | | | | | (176,470) |
TOTAL WRITTEN OPTIONS
(Premiums received $817,182) | | | | | | | | | $(176,470) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract.
|
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Common Stocks | | | $200,278,420 | | | 96.4% |
Purchased Options | | | 4,117,846 | | | 2.0 |
Written Options | | | (176,470) | | | (0.1 ) |
Money Market Deposit Account | | | 3,587,121 | | | 1.7 |
Liabilities in Excess of Other Assets | | | (46,044) | | | 0.0(a) |
| | | $207,760,873 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Power Buffer Step-Up Strategy ETF
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.0%
| | | | | | | | | |
Call Options - 98.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.67(a)(b)(c) | | | $96,896,256 | | | 1,704 | | | $95,370,954 |
Put Options - 5.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.73(a)(b)(c) | | | 96,896,256 | | | 1,704 | | | 4,995,242 |
TOTAL PURCHASED OPTIONS
(Cost $100,965,107) | | | | | | | | | 100,366,196 |
TOTAL INVESTMENTS - 104.0%
(Cost $100,965,107) | | | | | | | | | $100,366,196 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 123,700 |
Liabilities in Excess of Other Assets - (4.1)% | | | | | | | | | (3,997,789) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $96,492,107 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Power Buffer Step-Up Strategy ETF
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.1)%
|
Call Options - (1.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $640.14(a)(b) | | | $(96,896,256) | | | (1,704) | | | $(1,856,219) |
Put Options - (2.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $487.68(a)(b) | | | (96,896,256) | | | (1,704) | | | (2,071,722) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,103,967) | | | | | | | | | $(3,927,941) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $100,366,196 | | | 104.0% |
Written Options | | | (3,927,941) | | | (4.1 ) |
Money Market Deposit Account | | | 123,700 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (69,848) | | | 0.0 |
| | | $96,492,107 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator S&P Investment Grade Preferred ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
PREFERRED STOCKS - 81.8%
| | | | | | |
Banks - 35.9%(a)
| | | | | | |
Bank of America Corp.
| | | | | | |
Series 02, 5.97% (3 mo. Term SOFR + 0.91%), Perpetual | | | 17,946 | | | $413,835 |
Series 4, 6.07% (3 mo. Term SOFR + 1.01%), Perpetual | | | 16,989 | | | 411,134 |
Series 5, 5.89% (3 mo. Term SOFR + 0.76%), Perpetual(b) | | | 17,088 | | | 418,485 |
Series E, 5.73% (3 mo. Term SOFR + 0.61%), Perpetual(b) | | | 16,802 | | | 413,497 |
Series GG, 6.00%, Perpetual | | | 16,252 | | | 415,401 |
Series HH, 5.88%, Perpetual | | | 16,406 | | | 412,775 |
Series KK, 5.38%, Perpetual(b) | | | 16,733 | | | 404,604 |
Series LL, 5.00%, Perpetual | | | 17,556 | | | 394,834 |
Series NN, 4.38%, Perpetual | | | 19,656 | | | 392,530 |
Series PP, 4.13%, Perpetual | | | 20,654 | | | 389,121 |
Series QQ, 4.25%, Perpetual | | | 20,276 | | | 396,599 |
Series SS, 4.75%, Perpetual | | | 18,065 | | | 395,443 |
Cullen/Frost Bankers, Inc. Series B, 4.45%, Perpetual | | | 226,753 | | | 4,605,353 |
JPMorgan Chase & Co.
| | | | | | |
Series DD, 5.75%, Perpetual | | | 32,410 | | | 824,834 |
Series EE, 6.00%, Perpetual(b) | | | 32,056 | | | 824,160 |
Series GG, 4.75%, Perpetual | | | 34,667 | | | 795,261 |
Series JJ, 4.55%, Perpetual | | | 36,386 | | | 786,665 |
Series LL, 4.63%, Perpetual(b) | | | 35,815 | | | 790,795 |
Series MM, 4.20%, Perpetual(b) | | | 38,846 | | | 785,078 |
Morgan Stanley
| | | | | | |
Series A, 5.62% (3 mo. Term SOFR + 0.96%), Perpetual | | | 24,171 | | | 571,886 |
Series E, 7.13% (3 mo. LIBOR US + 4.32%), Perpetual(c) | | | 21,666 | | | 548,583 |
Series F, 6.88% (3 mo. LIBOR US + 3.94%), Perpetual(c) | | | 21,632 | | | 547,290 |
Series I, 6.38% (3 mo. LIBOR US + 3.71%), Perpetual(c) | | | 21,624 | | | 549,466 |
Series K, 5.85% (3 mo. LIBOR US + 3.49%), Perpetual(c) | | | 21,744 | | | 547,296 |
Series L, 4.88%, Perpetual | | | 22,937 | | | 525,487 |
Series O, 4.25%, Perpetual | | | 26,525 | | | 518,829 |
Series P, 6.50%, Perpetual(b) | | | 20,755 | | | 541,705 |
Series Q, 6.63%, Perpetual | | | 20,484 | | | 540,778 |
Northern Trust Corp. Series E, 4.70%, Perpetual | | | 213,034 | | | 4,718,703 |
State Street Corp. Series G, 5.35% (3 mo. LIBOR US + 3.71%), Perpetual(b)(c) | | | 197,342 | | | 4,911,842 |
Truist Financial Corp.
| | | | | | |
Series O, 5.25%, Perpetual(b) | | | 103,130 | | | 2,409,117 |
Series R, 4.75%, Perpetual | | | 113,638 | | | 2,398,898 |
US Bancorp
| | | | | | |
Series B*, 5.52% (3 mo. Term SOFR + 0.86%), Perpetual(b) | | | 45,226 | | | 1,001,304 |
Series K, 5.50%, Perpetual | | | 39,264 | | | 977,674 |
Series L, 3.75%, Perpetual | | | 53,964 | | | 938,974 |
Series M, 4.00%, Perpetual(b) | | | 50,123 | | | 941,310 |
Series O, 4.50%, Perpetual(b) | | | 44,552 | | | 954,304 |
| | | | | | 38,413,850 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator S&P Investment Grade Preferred ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
PREFERRED STOCKS - (Continued)
| | | | | | |
Diversified Financial Services - 9.2%
| | | | | | |
Charles Schwab Corp.
| | | | | | |
Series D, 5.95%, Perpetual | | | 97,346 | | | $2,471,615 |
Series J, 4.45%, Perpetual(b) | | | 111,833 | | | 2,378,688 |
Voya Financial, Inc., Series B, 5.35% to 09/15/2029 then 5 yr. CMT Rate + 3.21%, Perpetual | | | 197,027 | | | 5,041,921 |
| | | | | | 9,892,224 |
Insurance - 36.7%(a)
| | | | | | |
Arch Capital Group Ltd.
| | | | | | |
Series F, 5.45%, Perpetual | | | 104,353 | | | 2,446,034 |
Series G, 4.55%, Perpetual | | | 119,709 | | | 2,425,304 |
Athene Holding Ltd.
| | | | | | |
Series A, 6.35% to 6/30/2029 then 3 mo. LIBOR US + 4.25%, Perpetual(c) | | | 39,547 | | | 991,443 |
Series B, 5.63%, Perpetual | | | 42,848 | | | 951,654 |
Series C, 6.38% to 9/30/2025 then 5 yr. CMT Rate + 5.97%, Perpetual | | | 39,579 | | | 995,016 |
Series D, 4.88%, Perpetual | | | 49,272 | | | 951,935 |
Series E, 7.75% (5 yr. CMT Rate + 3.96%), Perpetual | | | 37,120 | | | 994,445 |
Axis Capital Holdings Ltd. Series E, 5.50%, Perpetual | | | 214,891 | | | 4,796,367 |
Enstar Group Ltd., Series D, 7.00% to 09/01/2028 then 3 mo. LIBOR US + 4.02%, Perpetual(c) | | | 249,096 | | | 5,328,163 |
Equitable Holdings, Inc.
| | | | | | |
Series A, 5.25%, Perpetual | | | 106,701 | | | 2,453,056 |
Series C, 4.30%, Perpetual | | | 123,797 | | | 2,359,571 |
Hartford Financial Services Group, Inc. Series G, 6.00%, Perpetual | | | 195,852 | | | 4,929,595 |
MetLife, Inc.
| | | | | | |
Series A, 6.21% (3 mo. Term SOFR + 1.26%), Perpetual | | | 67,789 | | | 1,678,456 |
Series E, 5.63%, Perpetual | | | 66,312 | | | 1,633,265 |
Series F, 4.75%, Perpetual | | | 72,901 | | | 1,597,990 |
RenaissanceRe Holdings Ltd.
| | | | | | |
Series F, 5.75%, Perpetual | | | 99,048 | | | 2,392,009 |
Series G, 4.20%, Perpetual | | | 131,737 | | | 2,420,009 |
| | | | | | 39,344,312 |
TOTAL PREFERRED STOCKS
(Cost $94,309,847) | | | | | | 87,650,386 |
REAL ESTATE INVESTMENT TRUSTS - 13.2%
| | | | | | |
Agree Realty Corp. Series A, 4.25%, Perpetual | | | 236,199 | | | 4,660,206 |
Kimco Realty Corp.
| | | | | | |
Series L, 5.13%, Perpetual | | | 104,885 | | | 2,394,524 |
Series M, 5.25%, Perpetual | | | 101,599 | | | 2,337,793 |
Public Storage
| | | | | | |
Series F, 5.15%, Perpetual(b) | | | 18,005 | | | 438,422 |
Series G, 5.05%, Perpetual(b) | | | 18,122 | | | 437,103 |
Series H, 5.60%, Perpetual | | | 17,908 | | | 448,058 |
Series I, 4.88%, Perpetual | | | 19,135 | | | 436,278 |
Series J, 4.70%, Perpetual | | | 19,690 | | | 433,180 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator S&P Investment Grade Preferred ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
REAL ESTATE INVESTMENT TRUSTS - (Continued)
| | | | | | |
Series L, 4.63%, Perpetual | | | 20,160 | | | $432,432 |
Series N, 3.88%, Perpetual | | | 23,952 | | | 437,843 |
Series O, 3.90%, Perpetual | | | 24,030 | | | 439,749 |
Series P, 4.00%, Perpetual | | | 23,353 | | | 436,701 |
Series R, 4.00%, Perpetual | | | 22,896 | | | 431,819 |
Series S, 4.10%, Perpetual | | | 22,408 | | | 440,316 |
TOTAL REAL ESTATE INVESTMENT TRUSTS
(Cost $15,490,407) | | | | | | 14,204,424 |
CONVERTIBLE PREFERRED STOCKS - 4.8%
| | | | | | |
Diversified Financial Services - 4.8%
| | | | | | |
Apollo Global Management, Inc. 6.75%, 07/31/2026 | | | 67,106 | | | 5,124,885 |
TOTAL CONVERTIBLE PREFERRED STOCKS
(Cost $4,263,453) | | | | | | 5,124,885 |
| | | Units | | | |
SHORT-TERM INVESTMENTS - 9.1%
| | | | | | |
Investments Purchased with Proceeds from Securities Lending - 9.1%
| | | | | | |
Mount Vernon Liquid Assets Portfolio, LLC, 5.00%(d) | | | 9,738,011 | | | 9,738,011 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $9,738,011) | | | | | | 9,738,011 |
TOTAL INVESTMENTS - 108.9%
(Cost $123,801,717) | | | | | | $116,717,706 |
Money Market Deposit Account - 0.6%(e) | | | | | | 619,761 |
Liabilities in Excess of Other Assets - (9.5)% | | | | | | (10,180,378) |
TOTAL NET ASSETS - 100.0% | | | | | | $107,157,089 |
| | | | | | | |
Percentages are stated as a percent of net assets.
CMT - Constant Maturity Treasury Rate
LIBOR - London Interbank Offered Rate
SOFR - Secured Overnight Financing Rate
(a)
| To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
|
(b)
| All or a portion of this security is on loan as of October 31, 2024. The total market value of these securities was $9,462,131 which represented 8.8% of net assets. See note 6.
|
(c)
| Securities referencing LIBOR are expected to transition to an alternative reference rate by the security’s next scheduled coupon reset date.
|
(d)
| The rate shown represents the 7-day annualized effective yield as of October 31, 2024.
|
(e)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator S&P Investment Grade Preferred ETF
Schedule of Investments
October 31, 2024(Continued)
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Preferred Stocks | | | $87,650,386 | | | 81.8% |
Real Estate Investment Trusts | | | 14,204,425 | | | 13.2 |
Convertible Preferred Stocks | | | 5,124,885 | | | 4.8 |
Investments Purchased with Proceeds from Securities Lending | | | 9,738,011 | | | 9.1 |
Money Market Deposit Account | | | 619,761 | | | 0.6 |
Liabilities in Excess of Other Assets | | | (10,180,379) | | | (9.5) |
| | | $107,157,089 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024
| | | | | | | |
COMMON STOCKS - 88.2%
| | | | | | |
Advertising - 0.1%
| | | | | | |
Boston Omaha Corp. - Class A(a) | | | 99 | | | $1,461 |
Clear Channel Outdoor Holdings, Inc.(a) | | | 609 | | | 895 |
National CineMedia, Inc.(a) | | | 108 | | | 777 |
Taboola.com Ltd.(a) | | | 358 | | | 1,189 |
| | | | | | 4,322 |
Aerospace/Defense - 1.4%
| | | | | | |
AAR Corp.(a) | | | 74 | | | 4,344 |
AeroVironment, Inc.(a) | | | 49 | | | 10,534 |
Archer Aviation, Inc. - Class A(a) | | | 462 | | | 1,455 |
Barnes Group, Inc. | | | 63 | | | 2,946 |
Ducommun, Inc.(a) | | | 27 | | | 1,587 |
Intuitive Machines, Inc.(a) | | | 91 | | | 710 |
Kratos Defense & Security Solutions, Inc.(a) | | | 150 | | | 3,408 |
Loar Holdings, Inc.(a) | | | 30 | | | 2,585 |
Mercury Systems, Inc.(a) | | | 126 | | | 4,076 |
Moog, Inc. - Class A | | | 29 | | | 5,469 |
National Presto Industries, Inc. | | | 25 | | | 1,798 |
Rocket Lab USA, Inc.(a) | | | 532 | | | 5,692 |
Spirit AeroSystems Holdings, Inc. - Class A(a) | | | 213 | | | 6,896 |
Virgin Galactic Holdings, Inc.(a) | | | 130 | | | 854 |
| | | | | | 52,354 |
Agriculture - 0.2%
| | | | | | |
Dole PLC | | | 109 | | | 1,760 |
Fresh Del Monte Produce, Inc. | | | 60 | | | 1,927 |
Tejon Ranch Co.(a) | | | 109 | | | 1,734 |
Turning Point Brands, Inc. | | | 39 | | | 1,842 |
Vital Farms, Inc.(a) | | | 23 | | | 798 |
| | | | | | 8,061 |
Airlines - 0.5%
| | | | | | |
Allegiant Travel Co. | | | 37 | | | 2,405 |
Copa Holdings SA - Class A | | | 49 | | | 4,768 |
JetBlue Airways Corp.(a) | | | 645 | | | 3,677 |
SkyWest, Inc.(a) | | | 63 | | | 5,997 |
Sun Country Airlines Holdings, Inc.(a) | | | 118 | | | 1,658 |
Wheels Up Experience, Inc.(a) | | | 699 | | | 1,426 |
| | | | | | 19,931 |
Apparel - 0.8%
| | | | | | |
Hanesbrands, Inc.(a) | | | 398 | | | 2,766 |
Kontoor Brands, Inc. | | | 61 | | | 5,223 |
Levi Strauss & Co. - Class A | | | 464 | | | 7,931 |
Steven Madden Ltd. | | | 74 | | | 3,328 |
Under Armour, Inc. - Class A(a) | | | 579 | | | 4,950 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Apparel - (Continued)
|
Under Armour, Inc. - Class C(a) | | | 419 | | | $3,310 |
Wolverine World Wide, Inc. | | | 106 | | | 1,631 |
| | | | | | 29,139 |
Auto Manufacturers - 0.1%
| | | | | | |
Hyliion Holdings Corp.(a) | | | 350 | | | 837 |
Nikola Corp.(a) | | | 103 | | | 405 |
NWTN, Inc. - Class B(a) | | | 577 | | | 478 |
REV Group, Inc. | | | 105 | | | 2,782 |
Wabash National Corp. | | | 10 | | | 174 |
| | | | | | 4,676 |
Auto Parts & Equipment - 1.3%
| | | | | | |
Adient PLC(a) | | | 195 | | | 3,808 |
Aurora Innovation, Inc.(a) | | | 1,427 | | | 7,412 |
Cooper-Standard Holdings, Inc.(a) | | | 72 | | | 904 |
Dana, Inc. | | | 125 | | | 959 |
Dorman Products, Inc.(a) | | | 36 | | | 4,105 |
Douglas Dynamics, Inc. | | | 55 | | | 1,246 |
Fox Factory Holding Corp.(a) | | | 100 | | | 3,599 |
Garrett Motion, Inc.(a) | | | 202 | | | 1,501 |
Goodyear Tire & Rubber Co.(a) | | | 468 | | | 3,749 |
indie Semiconductor, Inc. - Class A(a) | | | 580 | | | 1,920 |
Luminar Technologies, Inc.(a) | | | 943 | | | 731 |
Methode Electronics, Inc. | | | 129 | | | 1,125 |
Miller Industries, Inc./TN | | | 27 | | | 1,772 |
Phinia, Inc. | | | 72 | | | 3,354 |
QuantumScape Corp.(a) | | | 703 | | | 3,620 |
SES AI Corp.(a) | | | 1,299 | | | 615 |
Shyft Group, Inc. | | | 91 | | | 1,176 |
Solid Power, Inc.(a) | | | 770 | | | 909 |
Titan International, Inc.(a) | | | 214 | | | 1,378 |
Visteon Corp.(a) | | | 48 | | | 4,331 |
XPEL, Inc.(a) | | | 54 | | | 2,083 |
| | | | | | 50,297 |
Banks - 8.2%
| | | | | | |
Alerus Financial Corp. | | | 90 | | | 1,821 |
Amerant Bancorp, Inc. | | | 70 | | | 1,492 |
Ameris Bancorp | | | 103 | | | 6,385 |
Arrow Financial Corp. | | | 51 | | | 1,456 |
Associated Banc-Corp. | | | 309 | | | 7,335 |
Atlantic Union Bankshares Corp. | | | 135 | | | 5,103 |
BancFirst Corp. | | | 39 | | | 4,240 |
Bank of Hawaii Corp. | | | 69 | | | 4,984 |
Bank of Marin Bancorp | | | 93 | | | 2,066 |
Bank of NT Butterfield & Son Ltd. | | | 105 | | | 3,840 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Banks - (Continued)
|
BankUnited, Inc. | | | 129 | | | $4,559 |
BayCom Corp. | | | 81 | | | 2,013 |
BCB Bancorp, Inc. | | | 111 | | | 1,348 |
Bridgewater Bancshares, Inc.(a) | | | 136 | | | 1,986 |
Camden National Corp. | | | 52 | | | 2,181 |
Capital Bancorp, Inc. | | | 75 | | | 1,894 |
Capital City Bank Group, Inc. | | | 57 | | | 1,995 |
Carter Bankshares, Inc.(a) | | | 84 | | | 1,546 |
Cathay General Bancorp | | | 18 | | | 828 |
ChoiceOne Financial Services, Inc. | | | 37 | | | 1,227 |
Citizens & Northern Corp. | | | 96 | | | 1,816 |
Civista Bancshares, Inc. | | | 108 | | | 2,200 |
Colony Bankcorp, Inc. | | | 121 | | | 1,840 |
Columbia Banking System, Inc. | | | 315 | | | 8,980 |
Community Trust Bancorp, Inc. | | | 45 | | | 2,331 |
ConnectOne Bancorp, Inc. | | | 88 | | | 2,133 |
Customers Bancorp, Inc.(a) | | | 60 | | | 2,768 |
CVB Financial Corp. | | | 246 | | | 4,780 |
Dime Community Bancshares, Inc. | | | 64 | | | 1,924 |
Eagle Bancorp, Inc. | | | 72 | | | 1,887 |
Eastern Bankshares, Inc. | | | 346 | | | 5,650 |
Enterprise Bancorp, Inc./MA | | | 60 | | | 1,927 |
First Bancorp, Inc. | | | 70 | | | 1,813 |
First BanCorp/Puerto Rico | | | 540 | | | 10,411 |
First Bancorp/Southern Pines NC | | | 90 | | | 3,753 |
First Bank/Hamilton NJ | | | 126 | | | 1,784 |
First Business Financial Services, Inc. | | | 43 | | | 1,840 |
First Community Bankshares, Inc. | | | 48 | | | 1,990 |
First Financial Bancorp | | | 123 | | | 3,146 |
First Foundation, Inc. | | | 147 | | | 989 |
First Hawaiian, Inc. | | | 279 | | | 6,902 |
First Interstate BancSystem, Inc. - Class A | | | 156 | | | 4,805 |
Firstsun Capital Bancorp(a) | | | 34 | | | 1,244 |
Fulton Financial Corp. | | | 282 | | | 5,107 |
Great Southern Bancorp, Inc. | | | 34 | | | 1,927 |
Guaranty Bancshares, Inc./TX | | | 55 | | | 1,807 |
Hancock Whitney Corp. | | | 132 | | | 6,875 |
Heartland Financial USA, Inc. | | | 75 | | | 4,463 |
Heritage Commerce Corp. | | | 205 | | | 1,991 |
Heritage Financial Corp./WA | | | 97 | | | 2,230 |
Independent Bank Corp. | | | 75 | | | 4,718 |
Independent Bank Group, Inc. | | | 72 | | | 4,202 |
International Bancshares Corp. | | | 81 | | | 4,962 |
Kearny Financial Corp./MD | | | 219 | | | 1,531 |
Lakeland Financial Corp. | | | 57 | | | 3,709 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Banks - (Continued)
|
LINKBANCORP, Inc. | | | 220 | | | $1,576 |
Mercantile Bank Corp. | | | 48 | | | 2,057 |
Merchants Bancorp/IN | | | 36 | | | 1,330 |
Metrocity Bankshares, Inc. | | | 66 | | | 1,952 |
Metropolitan Bank Holding Corp.(a) | | | 15 | | | 803 |
Midland States Bancorp, Inc. | | | 88 | | | 2,183 |
MidWestOne Financial Group, Inc. | | | 67 | | | 1,939 |
NBT Bancorp, Inc. | | | 93 | | | 4,137 |
Nicolet Bankshares, Inc. | | | 24 | | | 2,441 |
Northeast Bank | | | 21 | | | 1,866 |
OFG Bancorp | | | 162 | | | 6,524 |
Origin Bancorp, Inc. | | | 67 | | | 2,103 |
Park National Corp. | | | 27 | | | 4,665 |
Pathward Financial, Inc. | | | 30 | | | 2,123 |
PCB Bancorp | | | 99 | | | 1,858 |
Peoples Financial Services Corp. | | | 42 | | | 1,960 |
Premier Financial Corp. | | | 90 | | | 2,219 |
RBB Bancorp | | | 85 | | | 1,887 |
Renasant Corp. | | | 102 | | | 3,479 |
Republic Bancorp, Inc./KY - Class A | | | 31 | | | 2,093 |
S&T Bancorp, Inc. | | | 64 | | | 2,431 |
Seacoast Banking Corp. of Florida | | | 159 | | | 4,245 |
ServisFirst Bancshares, Inc. | | | 93 | | | 7,731 |
Shore Bancshares, Inc. | | | 141 | | | 2,050 |
Simmons First National Corp. - Class A | | | 219 | | | 5,081 |
SmartFinancial, Inc. | | | 66 | | | 2,189 |
South Plains Financial, Inc. | | | 58 | | | 1,955 |
Southern First Bancshares, Inc.(a) | | | 42 | | | 1,605 |
Southside Bancshares, Inc. | | | 66 | | | 2,138 |
Stellar Bancorp, Inc. | | | 90 | | | 2,450 |
Sterling Bancorp, Inc./MI(a) | | | 315 | | | 1,471 |
Stock Yards Bancorp, Inc. | | | 63 | | | 4,062 |
Texas Capital Bancshares, Inc.(a) | | | 72 | | | 5,540 |
Tompkins Financial Corp. | | | 36 | | | 2,323 |
TriCo Bancshares | | | 57 | | | 2,436 |
TrustCo Bank Corp. NY | | | 61 | | | 2,012 |
Trustmark Corp. | | | 63 | | | 2,187 |
UMB Financial Corp. | | | 67 | | | 7,351 |
United Community Banks, Inc./GA | | | 199 | | | 5,664 |
Unity Bancorp, Inc. | | | 57 | | | 2,205 |
USCB Financial Holdings, Inc. | | | 93 | | | 1,350 |
Walker & Dunlop, Inc. | | | 58 | | | 6,343 |
Washington Trust Bancorp, Inc. | | | 63 | | | 2,150 |
WesBanco, Inc. | | | 166 | | | 5,221 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Banks - (Continued)
|
West BanCorp, Inc. | | | 97 | | | $2,092 |
Westamerica BanCorp | | | 48 | | | 2,473 |
| | | | | | 314,684 |
Beverages - 0.3%
| | | | | | |
Boston Beer Co., Inc. - Class A(a) | | | 15 | | | 4,367 |
BRC, Inc. - Class A(a) | | | 247 | | | 773 |
Duckhorn Portfolio, Inc.(a) | | | 164 | | | 1,797 |
National Beverage Corp. | | | 37 | | | 1,672 |
Vita Coco Co., Inc.(a) | | | 81 | | | 2,398 |
Westrock Coffee Co.(a) | | | 240 | | | 1,594 |
| | | | | | 12,601 |
Biotechnology - 6.8%
| | | | | | |
2seventy bio, Inc.(a) | | | 148 | | | 642 |
89bio, Inc.(a) | | | 258 | | | 2,007 |
Absci Corp.(a) | | | 210 | | | 806 |
ACADIA Pharmaceuticals, Inc.(a) | | | 280 | | | 4,085 |
Acrivon Therapeutics, Inc.(a) | | | 100 | | | 800 |
ADMA Biologics, Inc.(a) | | | 12 | | | 196 |
Agenus, Inc.(a) | | | 143 | | | 601 |
Akero Therapeutics, Inc.(a) | | | 117 | | | 3,607 |
Aldeyra Therapeutics, Inc.(a) | | | 225 | | | 1,184 |
Allogene Therapeutics, Inc.(a) | | | 330 | | | 843 |
Alvotech SA(a) | | | 186 | | | 2,414 |
ALX Oncology Holdings, Inc.(a) | | | 428 | | | 612 |
Amicus Therapeutics, Inc.(a) | | | 484 | | | 5,527 |
Anavex Life Sciences Corp.(a) | | | 362 | | | 2,396 |
ANI Pharmaceuticals, Inc.(a) | | | 32 | | | 1,832 |
Apogee Therapeutics, Inc.(a) | | | 33 | | | 1,717 |
Applied Therapeutics, Inc.(a) | | | 186 | | | 1,644 |
Arcellx, Inc.(a) | | | 75 | | | 6,320 |
Arcus Biosciences, Inc.(a) | | | 135 | | | 2,066 |
Ardelyx, Inc.(a) | | | 542 | | | 3,182 |
ArriVent Biopharma, Inc.(a) | | | 42 | | | 1,232 |
Arrowhead Pharmaceuticals, Inc.(a) | | | 270 | | | 5,192 |
ARS Pharmaceuticals, Inc.(a) | | | 126 | | | 1,855 |
Astria Therapeutics, Inc.(a) | | | 76 | | | 850 |
Avidity Biosciences, Inc.(a) | | | 123 | | | 5,198 |
Axsome Therapeutics, Inc.(a) | | | 74 | | | 6,588 |
BioCryst Pharmaceuticals, Inc.(a) | | | 441 | | | 3,532 |
Biohaven Ltd.(a) | | | 139 | | | 6,917 |
Biomea Fusion, Inc.(a) | | | 61 | | | 572 |
Bluebird Bio, Inc.(a) | | | 1,442 | | | 669 |
Cabaletta Bio, Inc.(a) | | | 130 | | | 462 |
Candel Therapeutics, Inc.(a) | | | 125 | | | 660 |
Caribou Biosciences, Inc.(a) | | | 440 | | | 862 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Biotechnology - (Continued)
|
Cartesian Therapeutics, Inc.(a) | | | 29 | | | $574 |
Cassava Sciences, Inc.(a) | | | 58 | | | 1,497 |
Celcuity, Inc.(a) | | | 64 | | | 992 |
Certara, Inc.(a) | | | 207 | | | 2,111 |
CG oncology, Inc.(a) | | | 81 | | | 2,878 |
ChromaDex Corp.(a) | | | 240 | | | 838 |
Cibus, Inc.(a) | | | 183 | | | 730 |
Cogent Biosciences, Inc.(a) | | | 177 | | | 2,034 |
Compass Therapeutics, Inc.(a) | | | 492 | | | 807 |
Contineum Therapeutics, Inc. - Class A(a) | | | 38 | | | 637 |
Crinetics Pharmaceuticals, Inc.(a) | | | 115 | | | 6,435 |
Cullinan Therapeutics, Inc.(a) | | | 111 | | | 1,726 |
Cytek Biosciences, Inc.(a) | | | 208 | | | 1,029 |
Day One Biopharmaceuticals, Inc.(a) | | | 159 | | | 2,340 |
Denali Therapeutics, Inc.(a) | | | 291 | | | 7,554 |
Design Therapeutics, Inc.(a) | | | 151 | | | 791 |
Dianthus Therapeutics, Inc.(a) | | | 42 | | | 1,170 |
Disc Medicine, Inc.(a) | | | 36 | | | 1,614 |
Dynavax Technologies Corp.(a) | | | 267 | | | 3,164 |
Edgewise Therapeutics, Inc.(a) | | | 110 | | | 3,693 |
Editas Medicine, Inc.(a) | | | 346 | | | 1,003 |
Emergent BioSolutions, Inc.(a) | | | 114 | | | 1,033 |
Entrada Therapeutics, Inc.(a) | | | 54 | | | 926 |
Esperion Therapeutics, Inc.(a) | | | 337 | | | 687 |
Evolus, Inc.(a) | | | 135 | | | 2,203 |
EyePoint Pharmaceuticals, Inc.(a) | | | 70 | | | 823 |
Geron Corp.(a) | | | 1,159 | | | 4,763 |
Gossamer Bio, Inc.(a) | | | 445 | | | 391 |
GRAIL, Inc.(a) | | | 58 | | | 787 |
Greenwich Lifesciences, Inc.(a) | | | 57 | | | 767 |
Humacyte, Inc.(a) | | | 223 | | | 1,126 |
IGM Biosciences, Inc.(a) | | | 42 | | | 720 |
ImmunityBio, Inc.(a) | | | 363 | | | 1,891 |
Immunovant, Inc.(a) | | | 135 | | | 3,950 |
Innoviva, Inc.(a) | | | 90 | | | 1,760 |
Inovio Pharmaceuticals, Inc.(a) | | | 127 | | | 671 |
Inozyme Pharma, Inc.(a) | | | 160 | | | 686 |
Iovance Biotherapeutics, Inc.(a) | | | 435 | | | 4,541 |
Janux Therapeutics, Inc.(a) | | | 57 | | | 3,077 |
Keros Therapeutics, Inc.(a) | | | 57 | | | 3,308 |
Kiniksa Pharmaceuticals International PLC(a) | | | 111 | | | 2,507 |
Krystal Biotech, Inc.(a) | | | 36 | | | 6,211 |
Kymera Therapeutics, Inc.(a) | | | 51 | | | 2,355 |
Kyverna Therapeutics, Inc.(a) | | | 171 | | | 817 |
Larimar Therapeutics, Inc.(a) | | | 97 | | | 798 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Biotechnology - (Continued)
|
LENZ Therapeutics, Inc. | | | 37 | | | $998 |
Lexicon Pharmaceuticals, Inc.(a) | | | 758 | | | 1,478 |
Ligand Pharmaceuticals, Inc.(a) | | | 30 | | | 3,171 |
Liquidia Corp.(a) | | | 102 | | | 1,107 |
MacroGenics, Inc.(a) | | | 238 | | | 871 |
Mersana Therapeutics, Inc.(a) | | | 358 | | | 648 |
Mind Medicine MindMed, Inc.(a) | | | 144 | | | 907 |
MoonLake Immunotherapeutics(a) | | | 58 | | | 2,692 |
Nektar Therapeutics(a) | | | 535 | | | 637 |
Neumora Therapeutics, Inc.(a) | | | 50 | | | 573 |
Nurix Therapeutics, Inc.(a) | | | 42 | | | 1,032 |
Olema Pharmaceuticals, Inc.(a) | | | 135 | | | 1,557 |
Omeros Corp.(a) | | | 177 | | | 715 |
Phathom Pharmaceuticals, Inc.(a) | | | 94 | | | 1,612 |
Pliant Therapeutics, Inc.(a) | | | 183 | | | 2,575 |
Poseida Therapeutics, Inc.(a) | | | 273 | | | 647 |
Praxis Precision Medicines, Inc.(a) | | | 30 | | | 2,100 |
Precigen, Inc.(a) | | | 1,042 | | | 821 |
Prime Medicine, Inc.(a) | | | 159 | | | 617 |
ProKidney Corp.(a) | | | 367 | | | 587 |
PTC Therapeutics, Inc.(a) | | | 140 | | | 5,589 |
Q32 Bio, Inc.(a) | | | 15 | | | 708 |
RAPT Therapeutics, Inc.(a) | | | 418 | | | 886 |
Recursion Pharmaceuticals, Inc. - Class A(a) | | | 447 | | | 2,825 |
Replimune Group, Inc.(a) | | | 78 | | | 917 |
Rezolute, Inc.(a) | | | 133 | | | 729 |
Rigel Pharmaceuticals, Inc.(a) | | | 59 | | | 804 |
Sage Therapeutics, Inc.(a) | | | 178 | | | 1,082 |
Sana Biotechnology, Inc.(a) | | | 363 | | | 1,271 |
Scholar Rock Holding Corp.(a) | | | 100 | | | 2,844 |
Shattuck Labs, Inc.(a) | | | 457 | | | 576 |
Soleno Therapeutics, Inc.(a) | | | 43 | | | 2,368 |
Sutro Biopharma, Inc.(a) | | | 160 | | | 520 |
Syndax Pharmaceuticals, Inc.(a) | | | 252 | | | 4,753 |
Tarsus Pharmaceuticals, Inc.(a) | | | 57 | | | 2,536 |
Taysha Gene Therapies, Inc.(a) | | | 253 | | | 428 |
Tectonic Therapeutic, Inc.(a) | | | 42 | | | 1,723 |
Tenaya Therapeutics, Inc.(a) | | | 397 | | | 762 |
TG Therapeutics, Inc.(a) | | | 210 | | | 5,263 |
Tourmaline Bio, Inc.(a) | | | 24 | | | 612 |
Travere Therapeutics, Inc.(a) | | | 144 | | | 2,520 |
Tyra Biosciences, Inc.(a) | | | 90 | | | 1,501 |
UroGen Pharma Ltd.(a) | | | 64 | | | 785 |
Vera Therapeutics, Inc.(a) | | | 70 | | | 2,827 |
Veracyte, Inc.(a) | | | 160 | | | 5,398 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Biotechnology - (Continued)
|
Vericel Corp.(a) | | | 99 | | | $4,360 |
Veru, Inc.(a) | | | 751 | | | 567 |
Verve Therapeutics, Inc.(a) | | | 166 | | | 951 |
Vir Biotechnology, Inc.(a) | | | 157 | | | 1,176 |
Viridian Therapeutics, Inc.(a) | | | 138 | | | 2,977 |
Vor BioPharma, Inc.(a) | | | 1,171 | | | 984 |
XBiotech, Inc.(a) | | | 75 | | | 545 |
Xencor, Inc.(a) | | | 60 | | | 1,261 |
XOMA Royalty Corp.(a) | | | 33 | | | 997 |
Zentalis Pharmaceuticals, Inc.(a) | | | 288 | | | 786 |
Zymeworks, Inc.(a) | | | 132 | | | 1,808 |
| | | | | | 259,469 |
Building Materials - 1.1%
| | | | | | |
American Woodmark Corp.(a) | | | 21 | | | 1,905 |
Apogee Enterprises, Inc. | | | 21 | | | 1,572 |
Armstrong World Industries, Inc. | | | 67 | | | 9,350 |
Boise Cascade Co. | | | 43 | | | 5,720 |
Hayward Holdings, Inc.(a) | | | 200 | | | 3,252 |
Knife River Corp.(a) | | | 93 | | | 9,051 |
LSI Industries, Inc. | | | 76 | | | 1,243 |
Masterbrand, Inc.(a) | | | 201 | | | 3,610 |
Modine Manufacturing Co.(a) | | | 52 | | | 6,124 |
Tecnoglass, Inc. | | | 24 | | | 1,645 |
| | | | | | 43,472 |
Chemicals - 2.2%
| | | | | | |
AdvanSix, Inc. | | | 38 | | | 1,078 |
American Vanguard Corp. | | | 271 | | | 1,417 |
Avient Corp. | | | 187 | | | 8,716 |
Balchem Corp. | | | 49 | | | 8,199 |
Cabot Corp. | | | 103 | | | 11,107 |
Chemours Co. | | | 171 | | | 3,105 |
Codexis, Inc.(a) | | | 265 | | | 832 |
Ecovyst, Inc.(a) | | | 237 | | | 1,578 |
Hawkins, Inc. | | | 18 | | | 1,924 |
HB Fuller Co. | | | 72 | | | 5,269 |
Ingevity Corp.(a) | | | 106 | | | 4,430 |
Innospec, Inc. | | | 42 | | | 4,527 |
Koppers Holdings, Inc. | | | 43 | | | 1,462 |
Lightwave Logic, Inc.(a) | | | 358 | | | 1,128 |
Minerals Technologies, Inc. | | | 60 | | | 4,517 |
Oil-Dri Corp. of America | | | 16 | | | 1,086 |
Origin Materials, Inc.(a) | | | 150 | | | 209 |
Orion SA | | | 185 | | | 2,773 |
Perimeter Solutions SA(a) | | | 267 | | | 3,545 |
Quaker Chemical Corp. | | | 27 | | | 4,093 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Chemicals - (Continued)
|
Rayonier Advanced Materials, Inc.(a) | | | 73 | | | $581 |
Rogers Corp.(a) | | | 30 | | | 3,008 |
Sensient Technologies Corp. | | | 66 | | | 4,982 |
Stepan Co. | | | 25 | | | 1,809 |
Trinseo PLC | | | 148 | | | 684 |
Tronox Holdings PLC | | | 164 | | | 1,988 |
| | | | | | 84,047 |
Coal - 0.8%
| | | | | | |
Alpha Metallurgical Resources, Inc. | | | 12 | | | 2,500 |
Arch Resources, Inc. | | | 35 | | | 5,137 |
CONSOL Energy, Inc. | | | 75 | | | 8,319 |
Hallador Energy Co.(a) | | | 81 | | | 804 |
Peabody Energy Corp. | | | 138 | | | 3,625 |
Ramaco Resources, Inc. - Class A | | | 95 | | | 964 |
SunCoke Energy, Inc. | | | 196 | | | 2,021 |
Warrior Met Coal, Inc. | | | 96 | | | 6,060 |
| | | | | | 29,430 |
Commercial Services - 5.0%
| | | | | | |
ABM Industries, Inc. | | | 96 | | | 5,094 |
Acacia Research Corp.(a) | | | 312 | | | 1,410 |
Adtalem Global Education, Inc.(a) | | | 63 | | | 5,098 |
Alarm.com Holdings, Inc.(a) | | | 66 | | | 3,520 |
Alight, Inc. - Class A(a) | | | 915 | | | 6,341 |
Arlo Technologies, Inc.(a) | | | 165 | | | 1,676 |
Avis Budget Group, Inc. | | | 20 | | | 1,660 |
BrightView Holdings, Inc.(a) | | | 109 | | | 1,785 |
Brink’s Co. | | | 14 | | | 1,439 |
Cadiz, Inc.(a) | | | 376 | | | 1,143 |
CBIZ, Inc.(a) | | | 79 | | | 5,445 |
Chegg, Inc.(a) | | | 565 | | | 904 |
Cimpress PLC(a) | | | 47 | | | 3,243 |
CoreCivic, Inc.(a) | | | 225 | | | 3,107 |
Coursera, Inc.(a) | | | 373 | | | 2,592 |
CPI Card Group, Inc.(a) | | | 40 | | | 860 |
CRA International, Inc. | | | 10 | | | 1,821 |
Deluxe Corp. | | | 82 | | | 1,538 |
Driven Brands Holdings, Inc.(a) | | | 115 | | | 1,708 |
Emerald Holding, Inc. | | | 492 | | | 1,938 |
EVERTEC, Inc. | | | 126 | | | 4,128 |
First Advantage Corp.(a) | | | 258 | | | 4,675 |
Flywire Corp.(a) | | | 82 | | | 1,428 |
Forrester Research, Inc.(a) | | | 90 | | | 1,320 |
GEO Group, Inc.(a) | | | 273 | | | 4,144 |
Graham Holdings Co. - Class B | | | 4 | | | 3,373 |
Grand Canyon Education, Inc.(a) | | | 51 | | | 6,993 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Commercial Services - (Continued)
|
Green Dot Corp. - Class A(a) | | | 106 | | | $1,204 |
Heidrick & Struggles International, Inc. | | | 42 | | | 1,641 |
Herc Holdings, Inc. | | | 45 | | | 9,412 |
Hertz Global Holdings, Inc.(a) | | | 388 | | | 1,079 |
Huron Consulting Group, Inc.(a) | | | 36 | | | 4,166 |
ICF International, Inc. | | | 24 | | | 4,046 |
John Wiley & Sons, Inc. - Class A | | | 69 | | | 3,402 |
Kforce, Inc. | | | 98 | | | 5,663 |
Korn Ferry | | | 157 | | | 11,093 |
Laureate Education, Inc. | | | 322 | | | 5,532 |
Legalzoom.com, Inc.(a) | | | 154 | | | 1,106 |
LiveRamp Holdings, Inc.(a) | | | 120 | | | 3,004 |
Marqeta, Inc. - Class A(a) | | | 663 | | | 3,753 |
Mister Car Wash, Inc.(a) | | | 189 | | | 1,419 |
Moneylion, Inc.(a) | | | 18 | | | 773 |
Monro, Inc. | | | 61 | | | 1,672 |
National Research Corp. | | | 30 | | | 544 |
Paymentus Holdings, Inc. - Class A(a) | | | 54 | | | 1,329 |
Payoneer Global, Inc.(a) | | | 481 | | | 4,146 |
Paysafe Ltd.(a) | | | 45 | | | 956 |
Perdoceo Education Corp. | | | 129 | | | 2,883 |
Performant Financial Corp.(a) | | | 327 | | | 1,272 |
Priority Technology Holdings, Inc.(a) | | | 177 | | | 954 |
Remitly Global, Inc.(a) | | | 210 | | | 3,776 |
Repay Holdings Corp.(a) | | | 154 | | | 1,225 |
Sezzle, Inc.(a) | | | 6 | | | 1,288 |
Shift4 Payments, Inc. - Class A(a) | | | 112 | | | 10,130 |
Spire Global, Inc.(a) | | | 87 | | | 861 |
Strategic Education, Inc. | | | 36 | | | 3,131 |
Stride, Inc.(a) | | | 71 | | | 6,623 |
Transcat, Inc.(a) | | | 15 | | | 1,434 |
UL Solutions, Inc. - Class A | | | 66 | | | 3,429 |
Universal Technical Institute, Inc.(a) | | | 79 | | | 1,315 |
Verra Mobility Corp.(a) | | | 27 | | | 701 |
Vestis Corp. | | | 229 | | | 3,096 |
Viad Corp.(a) | | | 46 | | | 1,722 |
Willdan Group, Inc.(a) | | | 31 | | | 1,467 |
ZipRecruiter, Inc. - Class A(a) | | | 126 | | | 1,168 |
| | | | | | 190,798 |
Computers - 1.2%
| | | | | | |
3D Systems Corp.(a) | | | 258 | | | 774 |
Cantaloupe, Inc.(a) | | | 232 | | | 2,056 |
Crane NXT Co. | | | 66 | | | 3,582 |
Cricut, Inc. - Class A | | | 147 | | | 967 |
Diebold Nixdorf, Inc.(a) | | | 57 | | | 2,638 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Computers - (Continued)
|
Grid Dynamics Holdings, Inc.(a) | | | 91 | | | $1,449 |
Integral Ad Science Holding Corp.(a) | | | 114 | | | 1,350 |
Kyndryl Holdings, Inc.(a) | | | 386 | | | 8,835 |
Lumentum Holdings, Inc.(a) | | | 72 | | | 4,599 |
Mitek Systems, Inc.(a) | | | 138 | | | 1,185 |
NetScout Systems, Inc.(a) | | | 97 | | | 2,040 |
NextNav, Inc.(a) | | | 75 | | | 872 |
PAR Technology Corp.(a) | | | 48 | | | 2,832 |
PlayAGS, Inc.(a) | | | 103 | | | 1,198 |
Rapid7, Inc.(a) | | | 114 | | | 4,607 |
Rubrik, Inc. - Class A(a) | | | 40 | | | 1,650 |
Thoughtworks Holding, Inc.(a) | | | 222 | | | 986 |
Unisys Corp.(a) | | | 99 | | | 684 |
V2X, Inc.(a) | | | 30 | | | 1,848 |
| | | | | | 44,152 |
Cosmetics/Personal Care - 0.4%
| | | | | | |
Edgewell Personal Care Co. | | | 78 | | | 2,726 |
Honest Co., Inc.(a) | | | 232 | | | 863 |
Interparfums, Inc. | | | 32 | | | 3,874 |
Olaplex Holdings, Inc.(a) | | | 397 | | | 707 |
Prestige Consumer Healthcare, Inc.(a) | | | 85 | | | 6,269 |
| | | | | | 14,439 |
Distribution/Wholesale - 0.7%
| | | | | | |
G-III Apparel Group Ltd.(a) | | | 96 | | | 2,907 |
H&E Equipment Services, Inc. | | | 52 | | | 2,717 |
MRC Global, Inc.(a) | | | 111 | | | 1,361 |
OPENLANE, Inc.(a) | | | 237 | | | 3,745 |
Resideo Technologies, Inc.(a) | | | 297 | | | 5,842 |
Rush Enterprises, Inc. - Class A | | | 111 | | | 6,280 |
ScanSource, Inc.(a) | | | 37 | | | 1,569 |
VSE Corp. | | | 33 | | | 3,386 |
| | | | | | 27,807 |
Diversified Financial Services - 4.2%
| | | | | | |
Artisan Partners Asset Management, Inc. - Class A | | | 111 | | | 4,895 |
BGC Group, Inc. - Class A | | | 624 | | | 5,847 |
Bread Financial Holdings, Inc. | | | 126 | | | 6,281 |
Brightsphere Investment Group, Inc. | | | 67 | | | 1,768 |
Cohen & Steers, Inc. | | | 48 | | | 4,741 |
Dave, Inc.(a) | | | 19 | | | 733 |
Enact Holdings, Inc. | | | 67 | | | 2,284 |
Encore Capital Group, Inc.(a) | | | 36 | | | 1,644 |
Enova International, Inc.(a) | | | 42 | | | 3,650 |
EZCORP, Inc. - Class A(a) | | | 138 | | | 1,586 |
Federal Agricultural Mortgage Corp. - Class C | | | 21 | | | 3,849 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Diversified Financial Services - (Continued)
|
Federated Hermes, Inc. - Class B | | | 135 | | | $5,418 |
Freedom Holding Corp./NV(a) | | | 30 | | | 3,252 |
Guild Holdings Co. - Class A | | | 39 | | | 562 |
Hamilton Lane, Inc. - Class A | | | 60 | | | 10,778 |
International Money Express, Inc.(a) | | | 66 | | | 1,161 |
LendingClub Corp.(a) | | | 129 | | | 1,829 |
LendingTree, Inc.(a) | | | 32 | | | 1,825 |
Moelis & Co. - Class A | | | 168 | | | 11,155 |
Mr Cooper Group, Inc.(a) | | | 96 | | | 8,501 |
Navient Corp. | | | 120 | | | 1,708 |
Nelnet, Inc. - Class A | | | 36 | | | 4,057 |
NerdWallet, Inc. - Class A(a) | | | 76 | | | 1,116 |
Oppenheimer Holdings, Inc. - Class A | | | 37 | | | 2,088 |
Paysign, Inc.(a) | | | 256 | | | 924 |
Perella Weinberg Partners | | | 90 | | | 1,821 |
Piper Sandler Cos. | | | 35 | | | 9,927 |
PJT Partners, Inc. - Class A | | | 42 | | | 5,836 |
Radian Group, Inc. | | | 281 | | | 9,810 |
Regional Management Corp. | | | 51 | | | 1,465 |
StepStone Group, Inc. - Class A | | | 90 | | | 5,412 |
StoneX Group, Inc.(a) | | | 42 | | | 3,782 |
TPG, Inc. | | | 144 | | | 9,746 |
Upstart Holdings, Inc.(a) | | | 137 | | | 6,669 |
Velocity Financial, Inc.(a) | | | 75 | | | 1,441 |
Victory Capital Holdings, Inc. - Class A | | | 72 | | | 4,315 |
Virtu Financial, Inc. - Class A | | | 144 | | | 4,458 |
WisdomTree, Inc. | | | 183 | | | 1,894 |
World Acceptance Corp.(a) | | | 10 | | | 1,141 |
| | | | | | 159,369 |
Electric - 1.4%
| | | | | | |
ALLETE, Inc. | | | 124 | | | 7,925 |
Altus Power, Inc.(a) | | | 283 | | | 974 |
Ameresco, Inc. - Class A(a) | | | 91 | | | 2,800 |
Avista Corp. | | | 139 | | | 5,210 |
Black Hills Corp. | | | 136 | | | 8,049 |
Clearway Energy, Inc. - Class A | | | 159 | | | 4,236 |
MGE Energy, Inc. | | | 58 | | | 5,248 |
Northwestern Energy Group, Inc. | | | 65 | | | 3,475 |
Oklo, Inc.(a) | | | 133 | | | 2,987 |
Otter Tail Corp. | | | 72 | | | 5,653 |
TXNM Energy, Inc. | | | 144 | | | 6,270 |
| | | | | | 52,827 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Electrical Components & Equipment - 0.7%
| | | | | | |
American Superconductor Corp.(a) | | | 100 | | | $2,452 |
Belden, Inc. | | | 72 | | | 8,198 |
Energizer Holdings, Inc. | | | 138 | | | 4,426 |
EnerSys | | | 74 | | | 7,168 |
Powell Industries, Inc. | | | 20 | | | 5,100 |
| | | | | | 27,344 |
Electronics - 2.2%
| | | | | | |
Advanced Energy Industries, Inc. | | | 77 | | | 8,356 |
Applied Optoelectronics, Inc.(a) | | | 81 | | | 1,265 |
Atmus Filtration Technologies, Inc. | | | 135 | | | 5,257 |
Avnet, Inc. | | | 138 | | | 7,481 |
Badger Meter, Inc. | | | 19 | | | 3,801 |
Bel Fuse, Inc. - Class B | | | 12 | | | 905 |
Benchmark Electronics, Inc. | | | 88 | | | 3,810 |
CTS Corp. | | | 39 | | | 1,930 |
Enovix Corp.(a) | | | 180 | | | 1,621 |
ESCO Technologies, Inc. | | | 42 | | | 5,273 |
Itron, Inc.(a) | | | 52 | | | 5,812 |
Kimball Electronics, Inc.(a) | | | 81 | | | 1,441 |
Knowles Corp.(a) | | | 214 | | | 3,706 |
Kopin Corp.(a) | | | 928 | | | 724 |
MicroVision, Inc.(a) | | | 781 | | | 789 |
Mirion Technologies, Inc.(a) | | | 333 | | | 4,928 |
Napco Security Technologies, Inc. | | | 89 | | | 3,425 |
Plexus Corp.(a) | | | 43 | | | 6,196 |
Sanmina Corp.(a) | | | 94 | | | 6,589 |
Stoneridge, Inc.(a) | | | 148 | | | 1,035 |
TTM Technologies, Inc.(a) | | | 174 | | | 3,905 |
Vicor Corp.(a) | | | 34 | | | 1,554 |
Vishay Intertechnology, Inc. | | | 261 | | | 4,427 |
| | | | | | 84,230 |
Energy-Alternate Sources - 0.4%
| | | | | | |
Array Technologies, Inc.(a) | | | 177 | | | 1,156 |
Eos Energy Enterprises, Inc.(a) | | | 408 | | | 1,269 |
Fluence Energy, Inc.(a) | | | 127 | | | 2,762 |
Freyr Battery, Inc.(a) | | | 802 | | | 778 |
FuelCell Energy, Inc.(a) | | | 2,698 | | | 928 |
Gevo, Inc.(a) | | | 691 | | | 1,610 |
Plug Power, Inc.(a) | | | 1,766 | | | 3,461 |
REX American Resources Corp.(a) | | | 72 | | | 3,221 |
TPI Composites, Inc.(a) | | | 205 | | | 698 |
| | | | | | 15,883 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Engineering & Construction - 1.8%
| | | | | | |
Arcosa, Inc. | | | 76 | | | $7,117 |
Centuri Holdings, Inc.(a) | | | 73 | | | 1,370 |
Construction Partners, Inc. - Class A(a) | | | 66 | | | 5,196 |
Dycom Industries, Inc.(a) | | | 51 | | | 8,891 |
Frontdoor, Inc.(a) | | | 123 | | | 6,112 |
Granite Construction, Inc. | | | 81 | | | 6,808 |
Great Lakes Dredge & Dock Corp.(a) | | | 126 | | | 1,440 |
IES Holdings, Inc.(a) | | | 34 | | | 7,435 |
Latham Group, Inc.(a) | | | 127 | | | 826 |
Limbach Holdings, Inc.(a) | | | 20 | | | 1,519 |
MYR Group, Inc.(a) | | | 28 | | | 3,668 |
NV5 Global, Inc.(a) | | | 84 | | | 1,919 |
Primoris Services Corp. | | | 87 | | | 5,448 |
Sterling Infrastructure, Inc.(a) | | | 56 | | | 8,649 |
Tutor Perini Corp.(a) | | | 92 | | | 2,385 |
| | | | | | 68,783 |
Entertainment - 1.5%
| | | | | | |
AMC Entertainment Holdings, Inc. - Class A(a) | | | 486 | | | 2,134 |
Atlanta Braves Holdings, Inc. - Class C(a) | | | 85 | | | 3,358 |
Bally’s Corp.(a) | | | 58 | | | 1,012 |
Cinemark Holdings, Inc.(a) | | | 168 | | | 4,998 |
Everi Holdings, Inc.(a) | | | 174 | | | 2,319 |
Genius Sports Ltd.(a) | | | 312 | | | 2,137 |
Golden Entertainment, Inc. | | | 48 | | | 1,410 |
Lions Gate Entertainment Corp. - Class A(a) | | | 133 | | | 1,051 |
Lions Gate Entertainment Corp. - Class B(a) | | | 368 | | | 2,594 |
Madison Square Garden Entertainment Corp.(a) | | | 73 | | | 3,045 |
Madison Square Garden Sports Corp.(a) | | | 24 | | | 5,345 |
Marriott Vacations Worldwide Corp. | | | 48 | | | 3,697 |
Penn Entertainment, Inc.(a) | | | 291 | | | 5,747 |
Red Rock Resorts, Inc. - Class A | | | 118 | | | 6,072 |
Rush Street Interactive, Inc.(a) | | | 70 | | | 757 |
Six Flags Entertainment Corp. | | | 165 | | | 6,504 |
United Parks & Resorts, Inc.(a) | | | 60 | | | 3,158 |
Webtoon Entertainment, Inc.(a) | | | 63 | | | 655 |
| | | | | | 55,993 |
Environmental Control - 0.2%
| | | | | | |
CECO Environmental Corp.(a) | | | 97 | | | 2,309 |
Energy Recovery, Inc.(a) | | | 55 | | | 982 |
Enviri Corp.(a) | | | 126 | | | 965 |
LanzaTech Global, Inc.(a) | | | 302 | | | 510 |
Pure Cycle Corp.(a) | | | 136 | | | 1,431 |
PureCycle Technologies, Inc.(a) | | | 238 | | | 3,099 |
| | | | | | 9,296 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Food - 1.0%
| | | | | | |
B&G Foods, Inc. | | | 204 | | | $1,738 |
Beyond Meat, Inc.(a) | | | 191 | | | 1,163 |
Calavo Growers, Inc. | | | 40 | | | 1,063 |
Cal-Maine Foods, Inc. | | | 54 | | | 4,741 |
Chefs’ Warehouse, Inc.(a) | | | 63 | | | 2,515 |
Grocery Outlet Holding Corp.(a) | | | 186 | | | 2,660 |
Hain Celestial Group, Inc.(a) | | | 102 | | | 890 |
Ingles Markets, Inc. - Class A | | | 54 | | | 3,448 |
J & J Snack Foods Corp. | | | 27 | | | 4,431 |
Lifeway Foods, Inc.(a) | | | 27 | | | 718 |
Mission Produce, Inc.(a) | | | 115 | | | 1,357 |
Simply Good Foods Co.(a) | | | 181 | | | 6,093 |
SpartanNash Co. | | | 72 | | | 1,515 |
United Natural Foods, Inc.(a) | | | 100 | | | 2,034 |
Utz Brands, Inc. | | | 99 | | | 1,705 |
Weis Markets, Inc. | | | 24 | | | 1,509 |
WK Kellogg Co. | | | 141 | | | 2,345 |
| | | | | | 39,925 |
Forest Products & Paper - 0.2%
| | | | | | |
Sylvamo Corp. | | | 69 | | | 5,866 |
Gas - 0.5%
| | | | | | |
Chesapeake Utilities Corp. | | | 8 | | | 958 |
Northwest Natural Holding Co. | | | 52 | | | 2,022 |
ONE Gas, Inc. | | | 117 | | | 8,339 |
Spire, Inc. | | | 138 | | | 8,813 |
| | | | | | 20,132 |
Hand/Machine Tools - 0.4%
| | | | | | |
Cadre Holdings, Inc. | | | 30 | | | 1,043 |
Enerpac Tool Group Corp. | | | 105 | | | 4,633 |
Franklin Electric Co., Inc. | | | 42 | | | 4,020 |
Kennametal, Inc. | | | 222 | | | 5,621 |
| | | | | | 15,317 |
Healthcare-Products - 3.0%
| | | | | | |
Accuray, Inc.(a) | | | 499 | | | 863 |
AngioDynamics, Inc.(a) | | | 190 | | | 1,271 |
Artivion, Inc.(a) | | | 73 | | | 1,922 |
AtriCure, Inc.(a) | | | 106 | | | 3,517 |
Avanos Medical, Inc.(a) | | | 72 | | | 1,345 |
Avita Medical, Inc.(a) | | | 78 | | | 788 |
Axogen, Inc.(a) | | | 138 | | | 1,932 |
Axonics, Inc.(a) | | | 90 | | | 6,327 |
BioLife Solutions, Inc.(a) | | | 134 | | | 3,136 |
Bioventus, Inc. - Class A(a) | | | 58 | | | 787 |
Butterfly Network, Inc.(a) | | | 372 | | | 662 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Healthcare-Products - (Continued)
|
Castle Biosciences, Inc.(a) | | | 48 | | | $1,664 |
ClearPoint Neuro, Inc.(a) | | | 16 | | | 198 |
Enovis Corp.(a) | | | 146 | | | 6,025 |
Envista Holdings Corp.(a) | | | 444 | | | 9,310 |
Fractyl Health, Inc.(a) | | | 243 | | | 684 |
Haemonetics Corp.(a) | | | 111 | | | 7,899 |
ICU Medical, Inc.(a) | | | 48 | | | 8,195 |
Inari Medical, Inc.(a) | | | 57 | | | 2,759 |
Integer Holdings Corp.(a) | | | 82 | | | 10,188 |
Integra LifeSciences Holdings Corp.(a) | | | 168 | | | 3,152 |
iRadimed Corp. | | | 45 | | | 2,217 |
MiMedx Group, Inc.(a) | | | 204 | | | 1,397 |
NeuroPace, Inc.(a) | | | 102 | | | 658 |
Nevro Corp.(a) | | | 474 | | | 2,612 |
Omnicell, Inc.(a) | | | 99 | | | 4,815 |
OraSure Technologies, Inc.(a) | | | 289 | | | 1,175 |
Orchestra BioMed Holdings, Inc.(a) | | | 124 | | | 639 |
Orthofix Medical, Inc.(a) | | | 73 | | | 1,182 |
Pacific Biosciences of California, Inc.(a) | | | 474 | | | 1,029 |
Patterson Cos., Inc. | | | 177 | | | 3,719 |
PROCEPT BioRobotics Corp.(a) | | | 39 | | | 3,510 |
Quantum-Si, Inc.(a) | | | 1,215 | | | 852 |
RxSight, Inc.(a) | | | 24 | | | 1,216 |
Sanara Medtech, Inc.(a) | | | 37 | | | 1,221 |
Sera Prognostics, Inc. - Class A(a) | | | 103 | | | 792 |
STAAR Surgical Co.(a) | | | 138 | | | 4,001 |
Stereotaxis, Inc.(a) | | | 462 | | | 906 |
Surmodics, Inc.(a) | | | 25 | | | 938 |
Tactile Systems Technology, Inc.(a) | | | 175 | | | 2,539 |
Treace Medical Concepts, Inc.(a) | | | 333 | | | 1,552 |
Twist Bioscience Corp.(a) | | | 90 | | | 3,632 |
Varex Imaging Corp.(a) | | | 200 | | | 2,626 |
| | | | | | 115,852 |
Healthcare-Services - 2.0%
| | | | | | |
23andMe Holding Co. - Class A(a) | | | 195 | | | 907 |
Addus HomeCare Corp.(a) | | | 33 | | | 4,106 |
Amedisys, Inc.(a) | | | 58 | | | 5,487 |
Astrana Health, Inc.(a) | | | 34 | | | 1,829 |
Auna SA - Class A(a) | | | 130 | | | 879 |
BrightSpring Health Services, Inc.(a) | | | 91 | | | 1,362 |
Brookdale Senior Living, Inc.(a) | | | 378 | | | 2,370 |
Clover Health Investments Corp.(a) | | | 659 | | | 2,715 |
CorVel Corp.(a) | | | 15 | | | 4,467 |
DocGo, Inc.(a) | | | 292 | | | 1,025 |
Fulgent Genetics, Inc.(a) | | | 66 | | | 1,416 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Healthcare-Services - (Continued)
|
GeneDx Holdings Corp.(a) | | | 30 | | | $2,451 |
Ginkgo Bioworks Holdings, Inc.(a) | | | 84 | | | 640 |
Innovage Holding Corp.(a) | | | 169 | | | 980 |
LifeStance Health Group, Inc.(a) | | | 150 | | | 1,007 |
ModivCare, Inc.(a) | | | 42 | | | 679 |
National HealthCare Corp. | | | 30 | | | 3,481 |
PACS Group, Inc.(a) | | | 34 | | | 1,451 |
Pediatrix Medical Group, Inc.(a) | | | 121 | | | 1,491 |
Pennant Group, Inc.(a) | | | 81 | | | 2,590 |
Personalis, Inc.(a) | | | 109 | | | 550 |
RadNet, Inc.(a) | | | 143 | | | 9,300 |
Select Medical Holdings Corp. | | | 210 | | | 6,736 |
Sonida Senior Living, Inc.(a) | | | 27 | | | 710 |
Sotera Health Co.(a) | | | 264 | | | 4,137 |
Surgery Partners, Inc.(a) | | | 180 | | | 5,184 |
Teladoc Health, Inc.(a) | | | 435 | | | 3,915 |
US Physical Therapy, Inc. | | | 34 | | | 2,726 |
| | | | | | 74,591 |
Home Builders - 1.3%
| | | | | | |
Beazer Homes USA, Inc.(a) | | | 49 | | | 1,507 |
Cavco Industries, Inc.(a) | | | 12 | | | 4,918 |
Century Communities, Inc. | | | 73 | | | 6,472 |
Champion Homes, Inc.(a) | | | 27 | | | 2,382 |
Dream Finders Homes, Inc. - Class A(a) | | | 80 | | | 2,388 |
Forestar Group, Inc.(a) | | | 39 | | | 1,231 |
Green Brick Partners, Inc.(a) | | | 78 | | | 5,383 |
LCI Industries | | | 51 | | | 5,675 |
LGI Homes, Inc.(a) | | | 39 | | | 3,961 |
M/I Homes, Inc.(a) | | | 56 | | | 8,489 |
Tri Pointe Homes, Inc.(a) | | | 171 | | | 6,914 |
| | | | | | 49,320 |
Home Furnishings - 0.2%
| | | | | | |
Daktronics, Inc.(a) | | | 79 | | | 1,029 |
Ethan Allen Interiors, Inc. | | | 55 | | | 1,522 |
iRobot Corp.(a) | | | 99 | | | 864 |
Lovesac Co.(a) | | | 36 | | | 1,050 |
Sonos, Inc.(a) | | | 219 | | | 2,745 |
Traeger, Inc.(a) | | | 313 | | | 970 |
Vizio Holding Corp. - Class A(a) | | | 117 | | | 1,302 |
| | | | | | 9,482 |
Household Products/Wares - 0.5%
| | | | | | |
ACCO Brands Corp. | | | 319 | | | 1,563 |
Helen of Troy Ltd.(a) | | | 48 | | | 3,055 |
Quanex Building Products Corp. | | | 123 | | | 3,574 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Household Products/Wares - (Continued)
|
Spectrum Brands Holdings, Inc. | | | 55 | | | $4,929 |
WD-40 Co. | | | 22 | | | 5,766 |
| | | | | | 18,887 |
Housewares - 0.3%
| | | | | | |
Newell Brands, Inc. | | | 685 | | | 6,028 |
Scotts Miracle-Gro Co. | | | 67 | | | 5,828 |
| | | | | | 11,856 |
Insurance - 2.8%
| | | | | | |
American Coastal Insurance Corp.(a) | | | 64 | | | 778 |
Assured Guaranty Ltd. | | | 85 | | | 7,094 |
Baldwin Insurance Group, Inc. - Class A(a) | | | 114 | | | 5,274 |
Bowhead Specialty Holdings, Inc.(a) | | | 66 | | | 1,921 |
Brighthouse Financial, Inc.(a) | | | 108 | | | 5,108 |
CNO Financial Group, Inc. | | | 190 | | | 6,536 |
Donegal Group, Inc. - Class A | | | 121 | | | 1,834 |
Enstar Group Ltd.(a) | | | 21 | | | 6,773 |
Genworth Financial, Inc.(a) | | | 380 | | | 2,561 |
Global Indemnity Group LLC - Class A | | | 18 | | | 612 |
Goosehead Insurance, Inc. - Class A(a) | | | 36 | | | 3,920 |
Hagerty, Inc. - Class A(a) | | | 147 | | | 1,583 |
Hamilton Insurance Group Ltd. - Class B(a) | | | 49 | | | 854 |
HCI Group, Inc. | | | 12 | | | 1,360 |
Hippo Holdings, Inc.(a) | | | 48 | | | 1,064 |
Horace Mann Educators Corp. | | | 70 | | | 2,607 |
Jackson Financial, Inc. - Class A | | | 123 | | | 12,295 |
Kemper Corp. | | | 108 | | | 6,725 |
Kingsway Financial Services, Inc.(a) | | | 70 | | | 627 |
Lemonade, Inc.(a) | | | 135 | | | 3,209 |
Mercury General Corp. | | | 51 | | | 3,449 |
NMI Holdings, Inc.(a) | | | 169 | | | 6,537 |
ProAssurance Corp.(a) | | | 96 | | | 1,429 |
Root, Inc./OH - Class A(a) | | | 12 | | | 821 |
Safety Insurance Group, Inc. | | | 28 | | | 2,191 |
Selectquote, Inc.(a) | | | 208 | | | 416 |
SiriusPoint Ltd.(a) | | | 130 | | | 1,708 |
Stewart Information Services Corp. | | | 76 | | | 5,229 |
Trupanion, Inc.(a) | | | 63 | | | 3,451 |
United Fire Group, Inc. | | | 72 | | | 1,414 |
Universal Insurance Holdings, Inc. | | | 64 | | | 1,276 |
White Mountains Insurance Group Ltd. | | | 4 | | | 7,188 |
| | | | | | 107,844 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Internet - 1.8%
| | | | | | |
Angi, Inc.(a) | | | 382 | | | $909 |
AudioEye, Inc.(a) | | | 35 | | | 746 |
Bumble, Inc. - Class A(a) | | | 193 | | | 1,366 |
Cargurus, Inc.(a) | | | 117 | | | 3,629 |
Cogent Communications Holdings, Inc. | | | 90 | | | 7,224 |
Couchbase, Inc.(a) | | | 67 | | | 1,077 |
ePlus, Inc.(a) | | | 57 | | | 5,070 |
Figs, Inc. - Class A(a) | | | 306 | | | 1,913 |
Getty Images Holdings, Inc.(a) | | | 253 | | | 1,050 |
HealthStream, Inc. | | | 100 | | | 2,924 |
Hims & Hers Health, Inc.(a) | | | 270 | | | 5,084 |
LifeMD, Inc.(a) | | | 147 | | | 600 |
Magnite, Inc.(a) | | | 79 | | | 986 |
MediaAlpha, Inc. - Class A(a) | | | 46 | | | 788 |
OptimizeRx Corp.(a) | | | 171 | | | 893 |
Q2 Holdings, Inc.(a) | | | 102 | | | 8,636 |
QuinStreet, Inc.(a) | | | 58 | | | 1,218 |
RealReal, Inc.(a) | | | 174 | | | 505 |
Reddit, Inc. - Class A(a) | | | 56 | | | 6,681 |
Revolve Group, Inc.(a) | | | 92 | | | 2,283 |
Rumble, Inc.(a) | | | 129 | | | 753 |
Serve Robotics, Inc.(a) | | | 42 | | | 425 |
Sprinklr, Inc. - Class A(a) | | | 243 | | | 1,805 |
TechTarget, Inc.(a) | | | 49 | | | 1,418 |
TripAdvisor, Inc.(a) | | | 192 | | | 3,080 |
Upwork, Inc.(a) | | | 196 | | | 2,658 |
Vivid Seats, Inc. - Class A(a) | | | 327 | | | 1,331 |
Yelp, Inc.(a) | | | 82 | | | 2,799 |
| | | | | | 67,851 |
Investment Companies - 1.0%
| | | | | | |
Bit Digital, Inc.(a) | | | 252 | | | 960 |
Bitdeer Technologies Group - Class A(a) | | | 82 | | | 639 |
Blue Owl Capital Corp. III | | | 273 | | | 3,975 |
Cannae Holdings, Inc. | | | 88 | | | 1,747 |
Cipher Mining, Inc.(a) | | | 299 | | | 1,474 |
Cleanspark, Inc.(a) | | | 392 | | | 4,159 |
Core Scientific, Inc.(a) | | | 286 | | | 3,801 |
HA Sustainable Infrastructure Capital, Inc. | | | 219 | | | 7,662 |
MARA Holdings, Inc.(a) | | | 474 | | | 7,949 |
Riot Platforms, Inc.(a) | | | 507 | | | 4,685 |
Terawulf, Inc.(a) | | | 258 | | | 1,682 |
| | | | | | 38,733 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Iron/Steel - 0.1%
| | | | | | |
Haynes International, Inc. | | | 27 | | | $1,630 |
Radius Recycling, Inc. - Class A | | | 57 | | | 923 |
| | | | | | 2,553 |
Leisure Time - 0.7%
| | | | | | |
Acushnet Holdings Corp. | | | 60 | | | 3,678 |
Bowlero Corp. - Class A | | | 85 | | | 881 |
Global Business Travel Group I(a) | | | 172 | | | 1,312 |
Lindblad Expeditions Holdings, Inc.(a) | | | 96 | | | 907 |
Malibu Boats, Inc. - Class A(a) | | | 33 | | | 1,481 |
OneSpaWorld Holdings Ltd. | | | 118 | | | 2,066 |
Peloton Interactive, Inc. - Class A(a) | | | 603 | | | 5,127 |
Sabre Corp.(a) | | | 630 | | | 2,016 |
Topgolf Callaway Brands Corp.(a) | | | 376 | | | 3,651 |
Vista Outdoor, Inc.(a) | | | 84 | | | 3,693 |
Xponential Fitness, Inc. - Class A(a) | | | 60 | | | 735 |
| | | | | | 25,547 |
Lodging - 0.2%
| | | | | | |
Travel + Leisure Co. | | | 126 | | | 6,024 |
Machinery-Construction & Mining - 0.5%
| | | | | | |
Argan, Inc. | | | 19 | | | 2,509 |
Astec Industries, Inc. | | | 49 | | | 1,557 |
Babcock & Wilcox Enterprises, Inc.(a) | | | 291 | | | 669 |
Bloom Energy Corp. - Class A(a) | | | 207 | | | 1,987 |
Hyster-Yale, Inc. | | | 19 | | | 1,206 |
NANO Nuclear Energy, Inc.(a) | | | 36 | | | 704 |
Net Power, Inc.(a) | | | 136 | | | 1,227 |
NuScale Power Corp.(a) | | | 132 | | | 2,526 |
Terex Corp. | | | 117 | | | 6,051 |
| | | | | | 18,436 |
Machinery-Diversified - 1.4%
| | | | | | |
Alamo Group, Inc. | | | 27 | | | 4,578 |
Cactus, Inc. - Class A | | | 75 | | | 4,447 |
Columbus McKinnon Corp./NY | | | 106 | | | 3,372 |
CSW Industrials, Inc. | | | 33 | | | 11,652 |
Gates Industrial Corp. PLC(a) | | | 369 | | | 7,140 |
GrafTech International Ltd.(a) | | | 469 | | | 797 |
Kadant, Inc. | | | 30 | | | 9,992 |
Lindsay Corp. | | | 15 | | | 1,796 |
Mueller Water Products, Inc. - Class A | | | 195 | | | 4,210 |
Symbotic, Inc.(a) | | | 61 | | | 1,695 |
Thermon Group Holdings, Inc.(a) | | | 106 | | | 2,778 |
| | | | | | 52,457 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Media - 0.5%
| | | | | | |
Altice USA, Inc. - Class A(a) | | | 391 | | | $950 |
AMC Networks, Inc. - Class A(a) | | | 117 | | | 948 |
Cable One, Inc. | | | 9 | | | 3,074 |
Gannett Co., Inc.(a) | | | 190 | | | 891 |
Gray Television, Inc. | | | 237 | | | 1,353 |
iHeartMedia, Inc. - Class A(a) | | | 389 | | | 770 |
Liberty Latin America Ltd. - Class A(a) | | | 43 | | | 421 |
Liberty Latin America Ltd. - Class C(a) | | | 157 | | | 1,520 |
Sinclair, Inc. | | | 72 | | | 1,243 |
Sphere Entertainment Co.(a) | | | 51 | | | 2,132 |
TEGNA, Inc. | | | 309 | | | 5,078 |
Urban One, Inc.(a) | | | 555 | | | 749 |
| | | | | | 19,129 |
Metal Fabricate/Hardware - 0.5%
| | | | | | |
Helios Technologies, Inc. | | | 69 | | | 3,183 |
Hillman Solutions Corp.(a) | | | 405 | | | 4,293 |
Janus International Group, Inc.(a) | | | 294 | | | 2,164 |
Mayville Engineering Co., Inc.(a) | | | 42 | | | 860 |
Proto Labs, Inc.(a) | | | 54 | | | 1,480 |
Ryerson Holding Corp. | | | 63 | | | 1,373 |
Standex International Corp. | | | 16 | | | 2,942 |
Worthington Steel, Inc. | | | 51 | | | 1,950 |
Xometry, Inc. - Class A(a) | | | 105 | | | 2,066 |
| | | | | | 20,311 |
Mining - 0.9%
| | | | | | |
Atlas Lithium Corp.(a) | | | 91 | | | 915 |
Centrus Energy Corp. - Class A(a) | | | 30 | | | 3,114 |
Century Aluminum Co.(a) | | | 76 | | | 1,341 |
Coeur Mining, Inc.(a) | | | 418 | | | 2,692 |
Dakota Gold Corp.(a) | | | 501 | | | 1,097 |
Gatos Silver, Inc.(a) | | | 66 | | | 1,224 |
Hecla Mining Co. | | | 1,178 | | | 7,645 |
Ivanhoe Electric, Inc./US(a) | | | 130 | | | 1,320 |
Kaiser Aluminum Corp. | | | 20 | | | 1,485 |
McEwen Mining, Inc.(a) | | | 103 | | | 980 |
MP Materials Corp.(a) | | | 189 | | | 3,400 |
Perpetua Resources Corp.(a) | | | 174 | | | 1,779 |
United States Lime & Minerals, Inc. | | | 18 | | | 2,030 |
Uranium Energy Corp.(a) | | | 774 | | | 5,743 |
| | | | | | 34,765 |
Miscellaneous Manufacturing - 0.6%
| | | | | | |
Federal Signal Corp. | | | 60 | | | 4,894 |
Hillenbrand, Inc. | | | 138 | | | 3,802 |
John Bean Technologies Corp. | | | 42 | | | 4,680 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Miscellaneous Manufacturing - (Continued)
|
Materion Corp. | | | 34 | | | $3,455 |
Sight Sciences, Inc.(a) | | | 139 | | | 695 |
Smith & Wesson Brands, Inc. | | | 117 | | | 1,516 |
Trinity Industries, Inc. | | | 114 | | | 3,908 |
| | | | | | 22,950 |
Multi-National - 0.0%(b)
| | | | | | |
Banco Latinoamericano de Comercio Exterior SA | | | 52 | | | 1,662 |
Office Furnishings - 0.2%
| | | | | | |
HNI Corp. | | | 68 | | | 3,352 |
Interface, Inc. | | | 90 | | | 1,572 |
Steelcase, Inc. - Class A | | | 145 | | | 1,744 |
| | | | | | 6,668 |
Office-Business Equipment - 0.1%
| | | | | | |
Pitney Bowes, Inc. | | | 380 | | | 2,740 |
Xerox Holdings Corp. | | | 281 | | | 2,296 |
| | | | | | 5,036 |
Oil & Gas - 1.7%
| | | | | | |
California Resources Corp. | | | 202 | | | 10,498 |
CNX Resources Corp.(a) | | | 321 | | | 10,925 |
Comstock Resources, Inc. | | | 242 | | | 2,798 |
Crescent Energy Co. - Class A | | | 190 | | | 2,362 |
CVR Energy, Inc. | | | 140 | | | 2,226 |
Gulfport Energy Corp.(a) | | | 39 | | | 5,399 |
Kosmos Energy Ltd.(a) | | | 536 | | | 2,015 |
Landbridge Co. LLC - Class A(a) | | | 33 | | | 1,851 |
Nabors Industries Ltd.(a) | | | 17 | | | 1,265 |
Northern Oil & Gas, Inc. | | | 96 | | | 3,480 |
Par Pacific Holdings, Inc.(a) | | | 240 | | | 3,708 |
SandRidge Energy, Inc. | | | 180 | | | 1,996 |
Sitio Royalties Corp. - Class A | | | 180 | | | 4,012 |
Talos Energy, Inc.(a) | | | 270 | | | 2,759 |
Tamboran Resources Corp.(a) | | | 55 | | | 1,031 |
Viper Energy, Inc. | | | 160 | | | 8,304 |
Vital Energy, Inc.(a) | | | 60 | | | 1,636 |
| | | | | | 66,265 |
Oil & Gas Services - 1.0%
| | | | | | |
Archrock, Inc. | | | 153 | | | 3,063 |
Aris Water Solutions, Inc. - Class A | | | 80 | | | 1,320 |
Bristow Group, Inc.(a) | | | 37 | | | 1,227 |
Civeo Corp. | | | 51 | | | 1,308 |
Core Laboratories, Inc. | | | 94 | | | 1,777 |
DMC Global, Inc.(a) | | | 110 | | | 1,110 |
DNOW, Inc.(a) | | | 234 | | | 2,768 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Oil & Gas Services - (Continued)
|
Forum Energy Technologies, Inc.(a) | | | 87 | | | $1,216 |
Innovex International, Inc.(a) | | | 102 | | | 1,447 |
Kodiak Gas Services, Inc. | | | 100 | | | 3,188 |
Matrix Service Co.(a) | | | 86 | | | 966 |
Nine Energy Service, Inc.(a) | | | 936 | | | 899 |
Oceaneering International, Inc.(a) | | | 261 | | | 6,369 |
ProFrac Holding Corp. - Class A(a) | | | 195 | | | 1,161 |
ProPetro Holding Corp.(a) | | | 214 | | | 1,479 |
RPC, Inc. | | | 176 | | | 1,000 |
Select Water Solutions, Inc. | | | 328 | | | 3,477 |
Solaris Energy Infrastructure, Inc. | | | 121 | | | 1,590 |
TETRA Technologies, Inc.(a) | | | 387 | | | 1,296 |
| | | | | | 36,661 |
Packaging & Containers - 0.2%
| | | | | | |
Ardagh Metal Packaging SA | | | 417 | | | 1,534 |
Pactiv Evergreen, Inc. | | | 106 | | | 1,202 |
Ranpak Holdings Corp.(a) | | | 135 | | | 821 |
TriMas Corp. | | | 88 | | | 2,363 |
| | | | | | 5,920 |
Pharmaceuticals - 2.3%
| | | | | | |
ACELYRIN, Inc.(a) | | | 153 | | | 869 |
AdaptHealth Corp.(a) | | | 216 | | | 2,223 |
Agios Pharmaceuticals, Inc.(a) | | | 72 | | | 3,199 |
Akebia Therapeutics, Inc.(a) | | | 487 | | | 808 |
Amneal Pharmaceuticals, Inc.(a) | | | 264 | | | 2,236 |
Amphastar Pharmaceuticals, Inc.(a) | | | 54 | | | 2,729 |
Aquestive Therapeutics, Inc.(a) | | | 133 | | | 730 |
Arvinas, Inc.(a) | | | 129 | | | 3,409 |
Assertio Holdings, Inc.(a) | | | 702 | | | 723 |
Catalyst Pharmaceuticals, Inc.(a) | | | 180 | | | 3,924 |
Corcept Therapeutics, Inc.(a) | | | 160 | | | 7,835 |
CorMedix, Inc.(a) | | | 120 | | | 1,207 |
Enanta Pharmaceuticals, Inc.(a) | | | 84 | | | 945 |
Enliven Therapeutics, Inc.(a) | | | 31 | | | 863 |
Fulcrum Therapeutics, Inc.(a) | | | 189 | | | 597 |
Gyre Therapeutics, Inc.(a) | | | 42 | | | 601 |
Harrow, Inc.(a) | | | 73 | | | 3,289 |
Heron Therapeutics, Inc.(a) | | | 225 | | | 392 |
Ironwood Pharmaceuticals, Inc.(a) | | | 271 | | | 1,070 |
KalVista Pharmaceuticals, Inc.(a) | | | 85 | | | 873 |
Longboard Pharmaceuticals, Inc.(a) | | | 58 | | | 3,464 |
Lyell Immunopharma, Inc.(a) | | | 875 | | | 840 |
Madrigal Pharmaceuticals, Inc.(a) | | | 30 | | | 7,780 |
MannKind Corp.(a) | | | 612 | | | 4,327 |
Marinus Pharmaceuticals, Inc.(a) | | | 1,938 | | | 587 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Pharmaceuticals - (Continued)
|
Mirum Pharmaceuticals, Inc.(a) | | | 97 | | | $3,731 |
Neurogene, Inc.(a) | | | 12 | | | 528 |
Ocular Therapeutix, Inc.(a) | | | 238 | | | 2,506 |
Outlook Therapeutics, Inc.(a) | | | 132 | | | 760 |
Pacira BioSciences, Inc.(a) | | | 93 | | | 1,544 |
Premier, Inc. - Class A | | | 9 | | | 181 |
Protagonist Therapeutics, Inc.(a) | | | 112 | | | 5,134 |
Revance Therapeutics, Inc.(a) | | | 297 | | | 1,752 |
Rhythm Pharmaceuticals, Inc.(a) | | | 110 | | | 5,250 |
scPharmaceuticals, Inc.(a) | | | 217 | | | 901 |
Senseonics Holdings, Inc.(a) | | | 2,814 | | | 952 |
Spyre Therapeutics, Inc.(a) | | | 84 | | | 2,733 |
Supernus Pharmaceuticals, Inc.(a) | | | 99 | | | 3,373 |
Vanda Pharmaceuticals, Inc.(a) | | | 252 | | | 1,172 |
Xeris Biopharma Holdings, Inc.(a) | | | 339 | | | 1,092 |
Y-mAbs Therapeutics, Inc.(a) | | | 48 | | | 696 |
| | | | | | 87,825 |
Pipelines - 0.2%
| | | | | | |
Excelerate Energy, Inc. - Class A | | | 65 | | | 1,552 |
Golar LNG Ltd. | | | 123 | | | 4,460 |
NextDecade Corp.(a) | | | 343 | | | 2,003 |
Summit Midstream Corp.(a) | | | 27 | | | 943 |
| | | | | | 8,958 |
Private Equity - 0.0%(b)
| | | | | | |
Bridge Investment Group Holdings, Inc. - Class A | | | 160 | | | 1,741 |
Real Estate - 0.4%
| | | | | | |
Belpointe Prep LLC(a) | | | 16 | | | 1,056 |
Five Point Holdings LLC - Class A(a) | | | 134 | | | 539 |
Kennedy-Wilson Holdings, Inc. | | | 153 | | | 1,636 |
McGrath RentCorp | | | 45 | | | 5,116 |
Newmark Group, Inc. - Class A | | | 341 | | | 5,111 |
| | | | | | 13,458 |
Retail - 5.0%
| | | | | | |
American Eagle Outfitters, Inc. | | | 180 | | | 3,526 |
America’s Car-Mart, Inc./TX(a) | | | 54 | | | 2,108 |
Arko Corp. | | | 125 | | | 831 |
Asbury Automotive Group, Inc.(a) | | | 23 | | | 5,240 |
Beacon Roofing Supply, Inc.(a) | | | 89 | | | 8,194 |
Biglari Holdings, Inc. - Class B(a) | | | 7 | | | 1,192 |
BJ’s Restaurants, Inc.(a) | | | 49 | | | 1,817 |
Blink Charging Co.(a) | | | 371 | | | 735 |
Bloomin’ Brands, Inc. | | | 171 | | | 2,837 |
BlueLinx Holdings, Inc.(a) | | | 32 | | | 3,503 |
Boot Barn Holdings, Inc.(a) | | | 65 | | | 8,096 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Retail - (Continued)
|
Brinker International, Inc.(a) | | | 67 | | | $6,882 |
Buckle, Inc. | | | 85 | | | 3,618 |
Build-A-Bear Workshop, Inc. | | | 32 | | | 1,219 |
Caleres, Inc. | | | 87 | | | 2,597 |
Cato Corp. - Class A | | | 180 | | | 1,175 |
Cheesecake Factory, Inc. | | | 100 | | | 4,622 |
Children’s Place, Inc.(a) | | | 53 | | | 737 |
Clean Energy Fuels Corp.(a) | | | 963 | | | 2,725 |
Cracker Barrel Old Country Store, Inc. | | | 42 | | | 1,998 |
Designer Brands, Inc. - Class A | | | 277 | | | 1,443 |
Dutch Bros, Inc. - Class A(a) | | | 166 | | | 5,498 |
EVgo, Inc.(a) | | | 189 | | | 1,482 |
First Watch Restaurant Group, Inc.(a) | | | 99 | | | 1,683 |
FirstCash Holdings, Inc. | | | 79 | | | 8,174 |
GMS, Inc.(a) | | | 91 | | | 8,180 |
Group 1 Automotive, Inc. | | | 32 | | | 11,657 |
Guess?, Inc. | | | 146 | | | 2,481 |
Haverty Furniture Cos., Inc. | | | 62 | | | 1,373 |
Jack in the Box, Inc. | | | 36 | | | 1,773 |
Kohl’s Corp. | | | 281 | | | 5,193 |
Kura Sushi USA, Inc. - Class A(a) | | | 12 | | | 1,198 |
La-Z-Boy, Inc. | | | 85 | | | 3,234 |
Leslie’s, Inc.(a) | | | 582 | | | 1,566 |
National Vision Holdings, Inc.(a) | | | 259 | | | 2,694 |
Noodles & Co.(a) | | | 804 | | | 933 |
Nordstrom, Inc. | | | 189 | | | 4,273 |
ODP Corp.(a) | | | 90 | | | 2,793 |
Ollie’s Bargain Outlet Holdings, Inc.(a) | | | 118 | | | 10,835 |
OneWater Marine, Inc. - Class A(a) | | | 52 | | | 1,132 |
Papa John’s International, Inc. | | | 76 | | | 3,982 |
Patrick Industries, Inc. | | | 24 | | | 3,024 |
PC Connection, Inc. | | | 24 | | | 1,528 |
Portillo’s, Inc. - Class A(a) | | | 97 | | | 1,254 |
PriceSmart, Inc. | | | 48 | | | 3,988 |
Sally Beauty Holdings, Inc.(a) | | | 322 | | | 4,186 |
Shake Shack, Inc. - Class A(a) | | | 60 | | | 7,300 |
Signet Jewelers Ltd. | | | 44 | | | 4,034 |
Sonic Automotive, Inc. - Class A | | | 28 | | | 1,588 |
Sweetgreen, Inc. - Class A(a) | | | 166 | | | 5,993 |
Tilly’s, Inc. - Class A(a) | | | 209 | | | 840 |
Victoria’s Secret & Co.(a) | | | 121 | | | 3,661 |
Warby Parker, Inc. - Class A(a) | | | 159 | | | 2,692 |
Winmark Corp. | | | 10 | | | 3,729 |
Zumiez, Inc.(a) | | | 48 | | | 989 |
| | | | | | 190,035 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Savings & Loans - 1.1%
| | | | | | |
Axos Financial, Inc.(a) | | | 99 | | | $6,704 |
Banc of California, Inc. | | | 282 | | | 4,332 |
Capitol Federal Financial, Inc. | | | 271 | | | 1,747 |
Flagstar Financial, Inc. | | | 570 | | | 5,768 |
Flushing Financial Corp. | | | 103 | | | 1,615 |
Home Bancorp, Inc. | | | 43 | | | 2,027 |
Pacific Premier Bancorp, Inc. | | | 180 | | | 4,592 |
Provident Financial Services, Inc. | | | 237 | | | 4,427 |
Timberland Bancorp, Inc./WA | | | 61 | | | 1,762 |
WaFd, Inc. | | | 132 | | | 4,485 |
WSFS Financial Corp. | | | 106 | | | 5,212 |
| | | | | | 42,671 |
Semiconductors - 1.7%
| | | | | | |
ACM Research, Inc. - Class A(a) | | | 36 | | | 677 |
Aehr Test Systems(a) | | | 63 | | | 887 |
Alpha & Omega Semiconductor Ltd.(a) | | | 50 | | | 1,652 |
Ambarella, Inc.(a) | | | 75 | | | 4,214 |
CEVA, Inc.(a) | | | 32 | | | 747 |
Cohu, Inc.(a) | | | 69 | | | 1,719 |
Diodes, Inc.(a) | | | 85 | | | 4,971 |
FormFactor, Inc.(a) | | | 78 | | | 2,962 |
Impinj, Inc.(a) | | | 20 | | | 3,800 |
IPG Photonics Corp.(a) | | | 48 | | | 3,886 |
Kulicke & Soffa Industries, Inc. | | | 153 | | | 6,864 |
MaxLinear, Inc.(a) | | | 87 | | | 1,128 |
Ouster, Inc.(a) | | | 93 | | | 617 |
Photronics, Inc.(a) | | | 123 | | | 2,804 |
Semtech Corp.(a) | | | 120 | | | 5,303 |
Silicon Laboratories, Inc.(a) | | | 59 | | | 6,128 |
SiTime Corp.(a) | | | 32 | | | 5,408 |
Synaptics, Inc.(a) | | | 82 | | | 5,631 |
Ultra Clean Holdings, Inc.(a) | | | 63 | | | 2,107 |
Wolfspeed, Inc.(a) | | | 225 | | | 2,995 |
| | | | | | 64,500 |
Software - 6.6%
| | | | | | |
8x8, Inc.(a) | | | 427 | | | 952 |
ACI Worldwide, Inc.(a) | | | 116 | | | 5,707 |
Adeia, Inc. | | | 189 | | | 2,349 |
Agilysys, Inc.(a) | | | 40 | | | 4,002 |
Alkami Technology, Inc.(a) | | | 38 | | | 1,391 |
Altair Engineering, Inc. - Class A(a) | | | 90 | | | 9,358 |
Amplitude, Inc. - Class A(a) | | | 175 | | | 1,573 |
Appfolio, Inc. - Class A(a) | | | 46 | | | 9,561 |
Appian Corp. - Class A(a) | | | 80 | | | 2,860 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Software - (Continued)
|
Asana, Inc. - Class A(a) | | | 141 | | | $1,684 |
AvePoint, Inc.(a) | | | 166 | | | 2,015 |
AvidXchange Holdings, Inc.(a) | | | 258 | | | 2,126 |
Bandwidth, Inc. - Class A(a) | | | 55 | | | 1,073 |
BigCommerce Holdings, Inc.(a) | | | 205 | | | 1,074 |
Blackbaud, Inc.(a) | | | 72 | | | 5,437 |
BlackLine, Inc.(a) | | | 90 | | | 4,983 |
Blend Labs, Inc. - Class A(a) | | | 360 | | | 1,307 |
Box, Inc. - Class A(a) | | | 276 | | | 8,766 |
C3.ai, Inc. - Class A(a) | | | 210 | | | 5,172 |
Clear Secure, Inc. - Class A | | | 160 | | | 5,885 |
Clearwater Analytics Holdings, Inc. - Class A(a) | | | 239 | | | 6,240 |
Consensus Cloud Solutions, Inc.(a) | | | 43 | | | 954 |
CSG Systems International, Inc. | | | 26 | | | 1,212 |
Digi International, Inc.(a) | | | 49 | | | 1,420 |
Digital Turbine, Inc.(a) | | | 300 | | | 960 |
DigitalOcean Holdings, Inc.(a) | | | 104 | | | 4,116 |
Donnelley Financial Solutions, Inc.(a) | | | 57 | | | 3,325 |
DoubleVerify Holdings, Inc.(a) | | | 225 | | | 3,836 |
Doximity, Inc. - Class A(a) | | | 130 | | | 5,426 |
Envestnet, Inc.(a) | | | 54 | | | 3,390 |
Expensify, Inc. - Class A(a) | | | 429 | | | 811 |
Fastly, Inc. - Class A(a) | | | 270 | | | 1,952 |
Five9, Inc.(a) | | | 150 | | | 4,430 |
Freshworks, Inc. - Class A(a) | | | 294 | | | 3,440 |
GigaCloud Technology, Inc. - Class A(a) | | | 28 | | | 638 |
HashiCorp, Inc. - Class A(a) | | | 246 | | | 8,330 |
Ibotta, Inc. - Class A(a) | | | 15 | | | 1,099 |
Innodata, Inc.(a) | | | 46 | | | 925 |
Intapp, Inc.(a) | | | 108 | | | 5,418 |
IonQ, Inc.(a) | | | 348 | | | 5,230 |
Jamf Holding Corp.(a) | | | 93 | | | 1,548 |
JFrog Ltd.(a) | | | 166 | | | 4,844 |
Klaviyo, Inc. - Class A(a) | | | 117 | | | 4,450 |
Life360, Inc.(a) | | | 126 | | | 5,402 |
Matterport, Inc.(a) | | | 212 | | | 967 |
Meridianlink, Inc.(a) | | | 73 | | | 1,603 |
N-able, Inc./US(a) | | | 129 | | | 1,578 |
nCino, Inc.(a) | | | 144 | | | 5,371 |
Olo, Inc. - Class A(a) | | | 313 | | | 1,568 |
ON24, Inc.(a) | | | 229 | | | 1,385 |
Outset Medical, Inc.(a) | | | 1,189 | | | 678 |
PagerDuty, Inc.(a) | | | 174 | | | 3,142 |
Paycor HCM, Inc.(a) | | | 96 | | | 1,449 |
PDF Solutions, Inc.(a) | | | 37 | | | 1,048 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Software - (Continued)
|
Pegasystems, Inc. | | | 66 | | | $5,243 |
Planet Labs PBC(a) | | | 456 | | | 1,008 |
Playtika Holding Corp. | | | 192 | | | 1,503 |
Porch Group, Inc.(a) | | | 489 | | | 1,061 |
Privia Health Group, Inc.(a) | | | 199 | | | 3,654 |
Progress Software Corp. | | | 74 | | | 4,743 |
PROS Holdings, Inc.(a) | | | 72 | | | 1,426 |
PubMatic, Inc. - Class A(a) | | | 84 | | | 1,235 |
QXO, Inc. | | | 625 | | | 9,512 |
RingCentral, Inc. - Class A(a) | | | 126 | | | 4,537 |
Sapiens International Corp. NV | | | 48 | | | 1,770 |
Schrodinger, Inc./United States(a) | | | 10 | | | 176 |
SEMrush Holdings, Inc. - Class A(a) | | | 184 | | | 2,412 |
Simulations Plus, Inc. | | | 46 | | | 1,252 |
SoundHound AI, Inc. - Class A(a) | | | 462 | | | 2,324 |
Sprout Social, Inc. - Class A(a) | | | 127 | | | 3,364 |
Teradata Corp.(a) | | | 148 | | | 4,770 |
Veritone, Inc.(a) | | | 162 | | | 527 |
Vertex, Inc. - Class A(a) | | | 75 | | | 3,113 |
Vimeo, Inc.(a) | | | 405 | | | 1,932 |
Waystar Holding Corp.(a) | | | 134 | | | 3,823 |
Weave Communications, Inc.(a) | | | 93 | | | 1,304 |
Workiva, Inc.(a) | | | 92 | | | 7,338 |
Yext, Inc.(a) | | | 159 | | | 1,151 |
Zeta Global Holdings Corp. - Class A(a) | | | 157 | | | 4,346 |
Zuora, Inc. - Class A(a) | | | 159 | | | 1,574 |
| | | | | | 250,558 |
Telecommunications - 1.3%
| | | | | | |
A10 Networks, Inc. | | | 124 | | | 1,817 |
ADTRAN Holdings, Inc.(a) | | | 216 | | | 1,312 |
Applied Digital Corp.(a) | | | 252 | | | 1,704 |
AST SpaceMobile, Inc.(a) | | | 171 | | | 4,072 |
BlackSky Technology, Inc.(a) | | | 171 | | | 1,081 |
Calix, Inc.(a) | | | 138 | | | 4,882 |
Clearfield, Inc.(a) | | | 30 | | | 1,078 |
CommScope Holding Co., Inc.(a) | | | 355 | | | 2,389 |
DigitalBridge Group, Inc. | | | 201 | | | 3,154 |
EchoStar Corp. - Class A(a) | | | 105 | | | 2,631 |
Globalstar, Inc.(a) | | | 1,899 | | | 1,994 |
Gogo, Inc.(a) | | | 378 | | | 2,476 |
Harmonic, Inc.(a) | | | 186 | | | 2,063 |
IDT Corp. - Class B | | | 40 | | | 1,877 |
InterDigital, Inc. | | | 40 | | | 6,018 |
Powerfleet, Inc. NJ(a) | | | 174 | | | 875 |
Ribbon Communications, Inc.(a) | | | 388 | | | 1,381 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
COMMON STOCKS - (Continued)
|
Telecommunications - (Continued)
|
Spok Holdings, Inc. | | | 57 | | | $887 |
Telephone and Data Systems, Inc. | | | 159 | | | 4,730 |
United States Cellular Corp.(a) | | | 18 | | | 1,111 |
Viavi Solutions, Inc.(a) | | | 384 | | | 3,540 |
| | | | | | 51,072 |
Textiles - 0.1%
| | | | | | |
UniFirst Corp./MA | | | 24 | | | 4,315 |
Toys/Games/Hobbies - 0.0%(b)
| | | | | | |
Funko, Inc. - Class A(a) | | | 55 | | | 651 |
Transportation - 1.8%
| | | | | | |
Air Transport Services Group, Inc.(a) | | | 84 | | | 1,448 |
ArcBest Corp. | | | 46 | | | 4,792 |
Costamare, Inc. | | | 156 | | | 2,123 |
Euroseas Ltd. | | | 27 | | | 1,118 |
Forward Air Corp. | | | 50 | | | 1,767 |
Global Ship Lease, Inc. - Class A | | | 35 | | | 835 |
Hub Group, Inc. - Class A | | | 118 | | | 5,120 |
Marten Transport Ltd. | | | 232 | | | 3,591 |
Matson, Inc. | | | 74 | | | 11,462 |
Navigator Holdings Ltd. | | | 294 | | | 4,531 |
Radiant Logistics, Inc.(a) | | | 133 | | | 884 |
RXO, Inc.(a) | | | 189 | | | 5,328 |
Ryder System, Inc. | | | 44 | | | 6,436 |
Safe Bulkers, Inc. | | | 345 | | | 1,446 |
Schneider National, Inc. - Class B | | | 81 | | | 2,291 |
SFL Corp. Ltd. | | | 668 | | | 7,086 |
StealthGas, Inc.(a) | | | 376 | | | 2,166 |
Universal Logistics Holdings, Inc. | | | 38 | | | 1,598 |
Werner Enterprises, Inc. | | | 91 | | | 3,357 |
| | | | | | 67,379 |
Trucking & Leasing - 0.2%
| | | | | | |
GATX Corp. | | | 36 | | | 4,960 |
Greenbrier Cos., Inc. | | | 60 | | | 3,556 |
| | | | | | 8,516 |
Water - 0.4%
| | | | | | |
American States Water Co. | | | 60 | | | 4,949 |
California Water Service Group | | | 90 | | | 4,676 |
Global Water Resources, Inc. | | | 105 | | | 1,311 |
Middlesex Water Co. | | | 28 | | | 1,713 |
SJW Group | | | 34 | | | 1,892 |
| | | | | | 14,541 |
TOTAL COMMON STOCKS
(Cost $3,264,896) | | | | | | 3,369,664 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
REAL ESTATE INVESTMENT TRUSTS - 7.0%
| | | | | | |
Acadia Realty Trust | | | 192 | | | $4,702 |
Alexander & Baldwin, Inc. | | | 133 | | | 2,475 |
Alexander’s, Inc. | | | 7 | | | 1,589 |
Alpine Income Property Trust, Inc. | | | 102 | | | 1,788 |
American Healthcare REIT, Inc. | | | 209 | | | 5,559 |
Apartment Investment and Management Co. - Class A(a) | | | 409 | | | 3,452 |
Apollo Commercial Real Estate Finance, Inc. | | | 616 | | | 5,476 |
Apple Hospitality REIT, Inc. | | | 236 | | | 3,486 |
Arbor Realty Trust, Inc. | | | 382 | | | 5,631 |
Armada Hoffler Properties, Inc. | | | 213 | | | 2,307 |
ARMOUR Residential REIT, Inc. | | | 81 | | | 1,519 |
Blackstone Mortgage Trust, Inc. - Class A | | | 223 | | | 4,061 |
BrightSpire Capital, Inc. | | | 270 | | | 1,642 |
Broadstone Net Lease, Inc. | | | 313 | | | 5,506 |
CareTrust REIT, Inc. | | | 297 | | | 9,703 |
CBL & Associates Properties, Inc. | | | 81 | | | 2,142 |
Centerspace | | | 22 | | | 1,533 |
Chimera Investment Corp. | | | 180 | | | 2,718 |
Community Healthcare Trust, Inc. | | | 85 | | | 1,595 |
COPT Defense Properties | | | 171 | | | 5,506 |
CTO Realty Growth, Inc. | | | 102 | | | 1,974 |
Curbline Properties Corp.(a) | | | 156 | | | 3,530 |
DiamondRock Hospitality Co. | | | 468 | | | 4,011 |
Douglas Emmett, Inc. | | | 276 | | | 4,910 |
Dynex Capital, Inc. | | | 130 | | | 1,587 |
Ellington Financial, Inc. | | | 187 | | | 2,261 |
Elme Communities | | | 210 | | | 3,543 |
Empire State Realty Trust, Inc. - Class A | | | 360 | | | 3,816 |
EPR Properties | | | 111 | | | 5,036 |
Equity Commonwealth(a) | | | 207 | | | 4,097 |
Essential Properties Realty Trust, Inc. | | | 408 | | | 12,929 |
Farmland Partners, Inc. | | | 138 | | | 1,616 |
Four Corners Property Trust, Inc. | | | 185 | | | 5,099 |
Gladstone Land Corp. | | | 135 | | | 1,759 |
Highwoods Properties, Inc. | | | 159 | | | 5,333 |
Innovative Industrial Properties, Inc. | | | 48 | | | 6,201 |
InvenTrust Properties Corp. | | | 72 | | | 2,120 |
KKR Real Estate Finance Trust, Inc. | | | 129 | | | 1,495 |
Ladder Capital Corp. | | | 217 | | | 2,476 |
LXP Industrial Trust | | | 851 | | | 8,033 |
Macerich Co. | | | 422 | | | 7,891 |
NET Lease Office Properties | | | 33 | | | 991 |
NETSTREIT Corp. | | | 156 | | | 2,418 |
NexPoint Residential Trust, Inc. | | | 52 | | | 2,166 |
One Liberty Properties, Inc. | | | 69 | | | 1,842 |
Orchid Island Capital, Inc. | | | 184 | | | 1,393 |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
| | | | | | | |
REAL ESTATE INVESTMENT TRUSTS - (Continued)
|
Orion Office REIT, Inc. | | | 148 | | | $552 |
Outfront Media, Inc. | | | 303 | | | 5,381 |
Paramount Group, Inc. | | | 322 | | | 1,562 |
Park Hotels & Resorts, Inc. | | | 448 | | | 6,223 |
Pebblebrook Hotel Trust | | | 309 | | | 3,702 |
Phillips Edison & Co., Inc. | | | 238 | | | 8,999 |
Piedmont Office Realty Trust, Inc. - Class A | | | 178 | | | 1,769 |
Postal Realty Trust, Inc. - Class A | | | 130 | | | 1,892 |
PotlatchDeltic Corp. | | | 114 | | | 4,739 |
Ready Capital Corp. | | | 541 | | | 3,706 |
Retail Opportunity Investments Corp. | | | 354 | | | 5,487 |
RLJ Lodging Trust | | | 212 | | | 1,876 |
Sabra Health Care REIT, Inc. | | | 406 | | | 7,876 |
Saul Centers, Inc. | | | 49 | | | 1,918 |
SL Green Realty Corp. | | | 124 | | | 9,376 |
Sunstone Hotel Investors, Inc. | | | 466 | | | 4,702 |
Tanger, Inc. | | | 240 | | | 7,975 |
TPG RE Finance Trust, Inc. | | | 135 | | | 1,189 |
UMH Properties, Inc. | | | 213 | | | 3,972 |
Uniti Group, Inc. | | | 477 | | | 2,418 |
Urban Edge Properties | | | 288 | | | 6,405 |
Veris Residential, Inc. | | | 102 | | | 1,680 |
Xenia Hotels & Resorts, Inc. | | | 146 | | | 2,069 |
TOTAL REAL ESTATE INVESTMENT TRUSTS
(Cost $266,992) | | | | | | 266,385 |
| | | | | | | |
| | | | | | | | | | |
PURCHASED OPTIONS - 2.5%
| | | | | | | | | |
Put Options - 2.5%
| | | | | | | | | |
iShares Russell 2000 ETF(c)(d)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $195.00(e) | | | $936,368 | | | 43 | | | 9,073 |
Expiration: 03/31/2025; Exercise Price: $195.00(e) | | | 936,368 | | | 43 | | | 18,361 |
Expiration: 06/30/2025; Exercise Price: $195.00(e) | | | 958,144 | | | 44 | | | 27,830 |
Expiration: 09/30/2025; Exercise Price: $200.00(e) | | | 958,144 | | | 44 | | | 40,590 |
TOTAL PURCHASED OPTIONS
(Cost $108,093) | | | | | | | | | 95,854 |
TOTAL INVESTMENTS - 97.7%
(Cost $3,639,981) | | | | | | | | | $3,731,903 |
Money Market Deposit Account - 2.5%(f) | | | | | | | | | 97,259 |
Liabilities in Excess of Other Assets - (0.2)% | | | | | | | | | (7,250) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $3,821,912 |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Investments
October 31, 2024(Continued)
Percentages are stated as a percent of net assets.
NV - Naamloze Vennootschap
PLC - Public Limited Company
SA - Sociedad Anónima
(a)
| Non-income producing security. |
(b)
| Represents less than 0.05% of net assets. |
(d)
| 100 shares per contract. |
(e)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Managed Floor ETF
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.2)%
| | | | | | | | | |
Call Options - (0.2)%
| | | | | | | | | |
Russell 2000 Index(a)(b)
| | | | | | | | | |
Expiration: 11/01/2024; Exercise Price: $2,355.00 | | | $(1,317,991) | | | (6) | | | $(30) |
Expiration: 11/06/2024; Exercise Price: $2,310.00 | | | (1,098,326) | | | (5) | | | (2,350) |
Expiration: 11/11/2024; Exercise Price: $2,360.00 | | | (1,317,991) | | | (6) | | | (4,278) |
Total Call Options | | | | | | | | | (6,658) |
TOTAL WRITTEN OPTIONS
(Premiums received $18,915) | | | | | | | | | $(6,658) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Common Stocks | | | $3,369,664 | | | 88.2% |
Real Estate Investment Trusts | | | 266,385 | | | 7.0 |
Purchased Options | | | 95,854 | | | 2.5 |
Written Options | | | (6,658) | | | (0.2) |
Money Market Deposit Account | | | 97,259 | | | 2.5 |
Liabilities in Excess of Other Assets | | | (592) | | | (0.0) |
| | | $3,821,912 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Uncapped Accelerated U.S. Equity ETF
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 111.1%
| | | | | | | | | |
Call Options - 111.1%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)(c)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $4.80 | | | $8,188,416 | | | 144 | | | $8,104,536 |
Expiration: 12/31/2024; Exercise Price: $499.08 | | | 14,216,000 | | | 250 | | | 1,891,830 |
Expiration: 03/31/2025; Exercise Price: $5.25 | | | 8,529,600 | | | 150 | | | 8,427,751 |
Expiration: 03/31/2025; Exercise Price: $549.22 | | | 14,329,728 | | | 252 | | | 1,087,075 |
Expiration: 06/30/2025; Exercise Price: $5.49 | | | 8,074,688 | | | 142 | | | 7,960,205 |
Expiration: 06/30/2025; Exercise Price: $571.43 | | | 13,931,680 | | | 245 | | | 895,514 |
Expiration: 09/30/2025; Exercise Price: $5.79 | | | 8,927,648 | | | 157 | | | 8,785,307 |
Expiration: 09/30/2025; Exercise Price: $602.45 | | | 15,467,008 | | | 272 | | | 721,957 |
TOTAL PURCHASED OPTIONS
(Cost $38,279,051) | | | | | | | | | 37,874,175 |
TOTAL INVESTMENTS - 111.1%
(Cost $38,279,051) | | | | | | | | | $37,874,175 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 95,258 |
Liabilities in Excess of Other Assets - (11.4)% | | | | | | | | | (3,884,199) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $34,085,234 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Uncapped Accelerated U.S. Equity ETF
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (11.3)%
| | | | | | | | | |
Call Options - (11.3)%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $475.32 | | | $(8,188,416) | | | (144) | | | $(1,414,473) |
Expiration: 03/31/2025; Exercise Price: $523.10 | | | (8,529,600) | | | (150) | | | (962,677) |
Expiration: 06/30/2025; Exercise Price: $544.24 | | | (8,074,688) | | | (142) | | | (796,400) |
Expiration: 09/30/2025; Exercise Price: $573.78 | | | (8,927,648) | | | (157) | | | (688,659) |
Total Call Options | | | | | | | | | (3,862,209) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,185,812) | | | | | | | | | $(3,862,209) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $37,874,175 | | | 111.1% |
Written Options | | | (3,862,209) | | | (11.3) |
Money Market Deposit Account | | | 95,258 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (21,990) | | | (0.1) |
| | | $34,085,234 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $66,779,400 | | | $62,698,689 | | | $527,137,600 | | | $157,454,028 | | | $5,771,304 |
Foreign currency, at value | | | — | | | — | | | — | | | 8,041 | | | — |
Cash | | | — | | | — | | | 176,201 | | | — | | | 1,457 |
Cash - interest bearing deposit
account | | | 123,782 | | | 61,960 | | | 7,498,540 | | | 6,325 | | | 5,859 |
Deposit at broker for other
investments | | | 200 | | | — | | | 713 | | | — | | | 80 |
Interest receivable | | | 437 | | | 443 | | | 23,263 | | | 18,147 | | | 26 |
Receivable for investments sold | | | — | | | — | | | 2,702 | | | 1,164,321 | | | 7,118 |
Receivable for fund shares sold | | | — | | | — | | | 4,752,480 | | | — | | | 634,730 |
Dividends receivable | | | — | | | 12,976 | | | 267,805 | | | 383,688 | | | 537 |
Security lending income receivable | | | — | | | 740 | | | 2,584 | | | 1,361 | | | — |
Prepaid expenses and other assets | | | — | | | — | | | — | | | 16,722 | | | — |
Total assets | | | 66,903,819 | | | 62,774,808 | | | 539,861,888 | | | 159,052,633 | | | 6,421,111 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 2,686,129 | | | — | | | 184,362 | | | — | | | 64,584 |
Payable to adviser | | | 48,507 | | | 34,814 | | | 371,034 | | | 106,872 | | | 3,229 |
Payable upon return of securities loaned | | | — | | | 5,626,632 | | | 21,380,083 | | | 5,999,779 | | | — |
Payable for investments purchased | | | — | | | — | | | 4,657,646 | | | — | | | 640,822 |
Due to custodian | | | — | | | — | | | — | | | 1,172,593 | | | — |
Total liabilities | | | 2,734,636 | | | 5,661,446 | | | 26,593,125 | | | 7,279,244 | | | 708,635 |
NET ASSETS | | | $64,169,183 | | | $57,113,362 | | | $513,268,763 | | | $151,773,389 | | | $5,712,476 |
Net Assets Consists of:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $66,554,997 | | | $77,827,878 | | | $485,381,254 | | | $178,997,450 | | | $5,752,179 |
Total distributable earnings/
(accumulated losses) | | | (2,385,814) | | | (20,714,516) | | | 27,887,509 | | | (27,224,061) | | | (39,703) |
Total net assets | | | $64,169,183 | | | $57,113,362 | | | $513,268,763 | | | $151,773,389 | | | $5,712,476 |
Net assets | | | $64,169,183 | | | $57,113,362 | | | $513,268,763 | | | $151,773,389 | | | $5,712,476 |
Shares issued and outstanding | | | 1,975,000 | | | 1,150,001 | | | 16,200,000 | | | 5,750,000 | | | 225,000 |
Net asset value per share | | | $32.49 | | | $49.66 | | | $31.68 | | | $26.40 | | | $25.39 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $67,148,522 | | | $51,146,131 | | | $481,523,230 | | | $166,883,469 | | | $5,779,793 |
Foreign currency, at cost | | | $— | | | $— | | | $— | | | $9,605 | | | $— |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $2,738,822 | | | $— | | | $1,416,525 | | | $— | | | $104,154 |
Loaned Securities:
| | | | | | | | | | | | | | | |
at value (included in investments) | | | $— | | | $5,339,028 | | | $20,526,608 | | | $5,789,564 | | | $— |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $82,544,912 | | | $16,749,144 | | | $345,975 | | | $3,324,275 | | | $204,396,266 |
Investments in affiliates, at value | | | — | | | — | | | 164,014,668 | | | 481,743,900 | | | — |
Cash | | | — | | | — | | | — | | | — | | | 78,356 |
Cash - interest bearing deposit account | | | 420,557 | | | 4,681 | | | 190,516 | | | 775,122 | | | 3,587,121 |
Deposit at broker for other investments | | | — | | | — | | | — | | | — | | | 653 |
Interest receivable | | | 1,521 | | | 187 | | | 750 | | | 1,890 | | | 10,672 |
Dividends receivable | | | 15,250 | | | 6,566 | | | — | | | — | | | 16,437 |
Security lending income receivable | | | 1,924 | | | 498 | | | 4,981 | | | 16,846 | | | — |
Prepaid expenses and other assets | | | 606 | | | — | | | — | | | — | | | — |
Total assets | | | 82,984,770 | | | 16,761,076 | | | 164,556,890 | | | 485,862,033 | | | 208,089,505 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | — | | | — | | | — | | | — | | | 176,470 |
Payable to adviser | | | 36,133 | | | 8,536 | | | 13,599 | | | 40,566 | | | 152,162 |
Payable upon return of securities loaned | | | 20,185,538 | | | 3,961,410 | | | 345,975 | | | 3,324,275 | | | — |
Payable for expense and other liabilities | | | 30,592 | | | — | | | — | | | — | | | — |
Total liabilities | | | 20,252,263 | | | 3,969,946 | | | 359,574 | | | 3,364,841 | | | 328,632 |
NET ASSETS | | | $62,732,507 | | | $12,791,130 | | | $164,197,316 | | | $482,497,192 | | | $207,760,873 |
Net Assets Consists of:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $376,521,040 | | | $22,870,437 | | | $144,569,761 | | | $463,678,841 | | | $202,031,078 |
Total distributable earnings/
(accumulated losses) | | | (313,788,533) | | | (10,079,307) | | | 19,627,555 | | | 18,818,351 | | | 5,729,795 |
Total net assets | | | $62,732,507 | | | $12,791,130 | | | $164,197,316 | | | $482,497,192 | | | $207,760,873 |
Net assets | | | $62,732,507 | | | $12,791,130 | | | $164,197,316 | | | $482,497,192 | | | $207,760,873 |
Shares issued and outstanding | | | 2,350,000 | | | 350,000 | | | 5,200,000 | | | 10,950,000 | | | 7,550,000 |
Net asset value per share | | | $26.69 | | | $36.55 | | | $31.58 | | | $44.06 | | | $27.52 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $78,479,062 | | | $16,081,044 | | | $345,975 | | | $3,324,275 | | | $192,142,738 |
Investments, at cost in affiliates | | | $— | | | $— | | | $144,317,412 | | | $424,055,237 | | | $— |
Proceeds:
| |
Written options premium | | | $— | | | $— | | | $— | | | $— | | | $817,182 |
Loaned Securities:
| | | | | | | | | | | | | | | |
at value (included in investments) | | | $19,440,670 | | | $3,753,125 | | | $335,244 | | | $3,234,157 | | | $— |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | |
Investments, at value | | | $100,366,196 | | | $116,717,706 | | | $3,731,903 | | | $37,874,175 |
Cash | | | — | | | — | | | 620 | | | — |
Cash - interest bearing deposit account | | | 123,700 | | | 619,761 | | | 97,259 | | | 95,258 |
Deposit at broker for other investments | | | 200 | | | — | | | — | | | 200 |
Interest receivable | | | 464 | | | 1,733 | | | 368 | | | 425 |
Dividends receivable | | | — | | | 124,409 | | | 1,085 | | | — |
Security lending income receivable | | | — | | | 30,006 | | | — | | | — |
Total assets | | | 100,490,560 | | | 117,493,615 | | | 3,831,235 | | | 37,970,058 |
LIABILITIES:
| | | | | | | | | | | | |
Written option contracts, at value | | | 3,927,941 | | | — | | | 6,658 | | | 3,862,209 |
Payable to adviser | | | 70,512 | | | 43,516 | | | 2,609 | | | 22,615 |
Payable upon return of securities loaned | | | — | | | 9,738,010 | | | — | | | — |
Distributions payable | | | — | | | 555,000 | | | — | | | — |
Due to broker | | | — | | | — | | | 56 | | | — |
Total liabilities | | | 3,998,453 | | | 10,336,526 | | | 9,323 | | | 3,884,824 |
NET ASSETS | | | $96,492,107 | | | $107,157,089 | | | $3,821,912 | | | $34,085,234 |
Net Assets Consists of:
| | | | | | | | | | | | |
Paid-in capital | | | $99,686,205 | | | $147,323,979 | | | $3,761,525 | | | $37,783,195 |
Total distributable earnings/(accumulated losses) | | | (3,194,098) | | | (40,166,890) | | | 60,387 | | | (3,697,961) |
Total net assets | | | $96,492,107 | | | $107,157,089 | | | $3,821,912 | | | $34,085,234 |
Net assets | | | $96,492,107 | | | $107,157,089 | | | $3,821,912 | | | $34,085,234 |
Shares issued and outstanding | | | 3,075,000 | | | 5,550,000 | | | 150,000 | | | 875,000 |
Net asset value per share | | | $31.38 | | | $19.31 | | | $25.48 | | | $38.95 |
Cost:
| | | | | | | | | | | | |
Investments, at cost | | | $100,965,107 | | | $123,801,717 | | | $3,639,981 | | | $38,279,051 |
Proceeds:
| | | | | | | | | | | | |
Written options premium | | | $4,103,967 | | | $— | | | $18,915 | | | $3,185,812 |
Loaned Securities:
| | | | | | | | | | | | |
at value (included in investments) | | | $— | | | $9,462,131 | | | $— | | | $— |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF OPERATIONS
For the Year or Period Ended October 31, 2024
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Dividend income | | | $— | | | $147,436 | | | $3,401,741 | | | $4,501,078 | | | $4,922 |
Reclaim income | | | — | | | — | | | — | | | 225,528 | | | — |
Less: Dividend withholding taxes | | | — | | | (8,097) | | | — | | | (616,894) | | | (18) |
Less: Issuance fees | | | — | | | — | | | (13) | | | — | | | — |
Interest income | | | 4,018 | | | 13,520 | | | 145,475 | | | 92,110 | | | 217 |
Securities lending income | | | — | | | 16,492 | | | 110,504 | | | 13,369 | | | — |
Total investment income | | | 4,018 | | | 169,351 | | | 3,657,707 | | | 4,215,191 | | | 5,121 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 490,364 | | | 356,102 | | | 2,265,817 | | | 1,420,364 | | | 6,268 |
Total expenses | | | 490,364 | | | 356,102 | | | 2,265,817 | | | 1,420,364 | | | 6,268 |
NET INVESTMENT INCOME/(LOSS) | | | (486,346) | | | (186,751) | | | 1,391,890 | | | 2,794,827 | | | (1,147) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | |
Net realized gain/(loss) from:
| | | | | | | | | | | | | | | |
Investments | | | 3,091,377 | | | 3,013,802 | | | (8,803,575) | | | 30,583,171 | | | (82,865) |
In-kind redemptions | | | 10,104,606 | | | 1,292,707 | | | 11,398,181 | | | 18,939,894 | | | 99,726 |
Written option contracts expired or
closed | | | (1,218,919) | | | — | | | (11,021,872) | | | — | | | 11,875 |
Foreign currency transaction | | | — | | | (25,162) | | | — | | | (2,396,898) | | | — |
Net realized gain/(loss) | | | 11,977,064 | | | 4,281,347 | | | (8,427,266) | | | 47,126,167 | | | 28,736 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (364,963) | | | 13,007,140 | | | 49,484,791 | | | (6,771,565) | | | (8,489) |
Written option contracts | | | 56,865 | | | — | | | 1,070,179 | | | — | | | 39,571 |
Foreign currency | | | — | | | (123) | | | — | | | (5,891) | | | — |
Net change in unrealized appreciation/
(depreciation) | | | (308,098) | | | 13,007,017 | | | 50,554,970 | | | (6,777,455) | | | 31,082 |
Net realized and unrealized gain | | | 11,668,966 | | | 17,288,364 | | | 42,127,704 | | | 40,348,712 | | | 59,818 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $11,182,620 | | | $17,101,613 | | | $43,519,594 | | | $43,143,539 | | | $58,671 |
| | | | | | | | | | | | | | | | |
(a)
| Inception Date of the Fund was August 19, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF OPERATIONS
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Dividend income | | | $355,998 | | | $152,543 | | | $— | | | $— | | | $632,794 |
Less: Dividend withholding taxes | | | (5,348) | | | (1,334) | | | — | | | — | | | (4,585) |
Less: Issuance fees | | | (1,579) | | | (75) | | | — | | | — | | | — |
Interest income | | | 17,569 | | | 2,694 | | | 7,573 | | | 14,525 | | | 71,793 |
Securities lending income | | | 68,539 | | | 48,116 | | | 60,667 | | | 161,317 | | | — |
Total investment income | | | 435,179 | | | 201,944 | | | 68,240 | | | 175,842 | | | 700,002 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 578,583 | | | 103,612 | | | 145,782 | | | 559,977 | | | 816,897 |
Fund administration and accounting fees | | | 67,570 | | | — | | | — | | | — | | | — |
Legal fees | | | 27,134 | | | — | | | — | | | — | | | — |
Reports to shareholders | | | 24,894 | | | — | | | — | | | — | | | — |
Custodian fees | | | 17,232 | | | — | | | — | | | — | | | — |
Audit fees | | | 14,762 | | | — | | | — | | | — | | | — |
Trustees’ fees | | | 3,538 | | | — | | | — | | | — | | | — |
Compliance fees | | | 902 | | | — | | | — | | | — | | | — |
Other expenses and fees | | | 89,558 | | | — | | | — | | | — | | | — |
Total expenses | | | 824,173 | | | 103,612 | | | 145,782 | | | 559,977 | | | 816,897 |
Net expense reimbursement/(waivers) | | | (162,935) | | | — | | | (34,183) | | | (149,375) | | | — |
Net expenses | | | 661,238 | | | 103,612 | | | 111,599 | | | 410,602 | | | 816,897 |
NET INVESTMENT INCOME/(LOSS) | | | (226,059) | | | 98,332 | | | (43,359) | | | (234,760) | | | (116,895) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | |
Net realized gain/(loss) from:
| |
Investments | | | 13,446,772 | | | 2,276,763 | | | — | | | — | | | (3,337,821) |
Investments in affiliates | | | — | | | — | | | (13,995) | | | (38,644) | | | — |
In-kind redemptions | | | 4,638,723 | | | 101,883 | | | 2,122,382(a) | | | 21,791,755(a) | | | 2,043,574 |
Written option contracts expired or closed | | | — | | | — | | | — | | | — | | | (3,739,192) |
Net realized gain/(loss) | | | 18,085,495 | | | 2,378,646 | | | 2,108,387 | | | 21,753,111 | | | (5,033,439) |
Net change in unrealized appreciation on:
| | | | | | | | | | | | | | | |
Investments | | | 3,678,405 | | | 616,091 | | | — | | | — | | | 12,253,528 |
Investments in affiliates | | | — | | | — | | | 19,113,963 | | | 45,244,884 | | | — |
Written option contracts | | | — | | | — | | | — | | | — | | | 640,711 |
Foreign currency translation | | | (11) | | | — | | | — | | | — | | | — |
Net change in unrealized appreciation | | | 3,678,394 | | | 616,091 | | | 19,113,963 | | | 45,244,884 | | | 12,894,239 |
Net realized and unrealized gain | | | 21,763,889 | | | 2,994,737 | | | 21,222,350 | | | 66,997,995 | | | 7,860,800 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $21,537,830 | | | $3,093,069 | | | $21,178,991 | | | $66,763,235 | | | $7,743,905 |
| | | | | | | | | | | | | | | | |
(a)
| Includes realized gain from affiliates. |
(b)
| Inception Date of the Fund was January 24, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF OPERATIONS
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | |
Dividend income | | | $— | | | $6,543,277 | | | $4,999 | | | $— |
Interest income | | | 5,936 | | | 20,981 | | | 480 | | | 3,021 |
Securities lending income | | | — | | | 291,851 | | | — | | | — |
Total investment income | | | 5,936 | | | 6,856,109 | | | 5,479 | | | 3,021 |
EXPENSES:
| | | | | | | | | | | | |
Investment advisory fee | | | 761,515 | | | 508,747 | | | 3,410 | | | 188,427 |
Income tax expense | | | — | | | 1,590 | | | — | | | — |
Total expenses | | | 761,515 | | | 510,337 | | | 3,410 | | | 188,427 |
NET INVESTMENT INCOME/(LOSS) | | | (755,579) | | | 6,345,772 | | | 2,069 | | | (185,406) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | |
Net realized gain/(loss) from:
| | | | | | | | | | | | |
Investments | | | 12,988,831 | | | (5,918,169) | | | (81,276) | | | 739,455 |
In-kind redemptions | | | 7,953,516 | | | 1,115,915 | | | — | | | 10,562,127 |
Written option contracts expired or closed | | | (5,096,317) | | | — | | | 35,415 | | | (2,772,067) |
Net realized gain/(loss) | | | 15,846,030 | | | (4,802,254) | | | (45,861) | | | 8,529,515 |
Net change in unrealized appreciation/(depreciation) on:
| | | | | | | | | | | | |
Investments | | | (590,816) | | | 19,522,911 | | | 91,922 | | | 802,070 |
Written option contracts | | | 184,147 | | | — | | | 12,257 | | | (1,181,295) |
Net change in unrealized appreciation/(depreciation) | | | (406,669) | | | 19,522,911 | | | 104,179 | | | (379,225) |
Net realized and unrealized gain | | | 15,439,361 | | | 14,720,657 | | | 58,318 | | | 8,150,290 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $14,683,782 | | | $21,066,429 | | | $60,387 | | | $7,964,884 |
| | | | | | | | | | | | | |
(a)
| Inception Date of the Fund was September 16, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF CHANGES IN NET ASSETS
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(486,346) | | | $(311,320) | | | $(186,751) | | | $(84,470) |
Net realized gain/(loss) | | | 11,977,064 | | | 1,058,093 | | | 4,281,347 | | | (1,895,979) |
Net change in unrealized appreciation/
(depreciation) | | | (308,098) | | | 771,328 | | | 13,007,017 | | | 6,817,132 |
Net increase in net assets from operations | | | 11,182,620 | | | 1,518,101 | | | 17,101,613 | | | 4,836,683 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 146,080,603 | | | 110,292,978 | | | 11,186,415 | | | 1,723,421 |
Redemptions | | | (133,370,530) | | | (100,403,535) | | | (4,835,240) | | | (5,201,170) |
ETF transaction fees (See Note 5) | | | 9,527 | | | 6,909 | | | 9,681 | | | 3,676 |
Net increase (decrease) in net assets from capital transactions | | | 12,719,600 | | | 9,896,352 | | | 6,360,856 | | | (3,474,073) |
NET INCREASE IN NET ASSETS | | | 23,902,220 | | | 11,414,453 | | | 23,462,469 | | | 1,362,610 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 40,266,963 | | | 28,852,510 | | | 33,650,893 | | | 32,288,283 |
End of the year | | | $64,169,183 | | | $40,266,963 | | | $57,113,362 | | | $33,650,893 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 4,825,000 | | | 4,125,000 | | | 250,000 | | | 50,000 |
Redemptions | | | (4,400,000) | | | (3,775,000) | | | (100,000) | | | (150,000) |
Total increase/(decrease) in shares outstanding | | | 425,000 | | | 350,000 | | | 150,000 | | | (100,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF CHANGES IN NET ASSETS(Continued)
| | | | | | | | |
OPERATIONS:
| | | | | | | | | | | | | |
Net investment income | | | $1,391,890 | | | $208,554 | | | $2,794,827 | | | $2,322,592 | |
Net realized gain/(loss) | | | (8,427,266) | | | 2,212,749 | | | 47,126,167 | | | (45,374,878) | |
Net change in unrealized appreciation/
(depreciation) | | | 50,554,970 | | | (3,708,439) | | | (6,777,455) | | | (2,658,123) | |
Net increase/(decrease) in net assets from operations | | | 43,519,594 | | | (1,287,136) | | | 43,143,539 | | | (45,710,409) | |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | | | | |
Distributions to shareholders | | | (1,729,090) | | | (182,955) | | | (1,616,420) | | | (995,295) | |
Total distributions to shareholders | | | (1,729,090) | | | (182,955) | | | (1,616,420) | | | (995,295) | |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | | |
Subscriptions | | | 439,056,235 | | | 110,931,670 | | | 62,202,250 | | | 353,008,190 | |
Redemptions | | | (64,570,675) | | | (12,468,880) | | | (135,275,345) | | | (122,986,740) | |
ETF transaction fees (See Note 5) | | | — | | | — | | | 3,619 | | | — | |
Net increase (decrease) in net assets from capital transactions | | | 374,485,560 | | | 98,462,790 | | | (73,069,476) | | | 230,021,450 | |
NET INCREASE (DECREASE) IN NET ASSETS | | | 416,276,064 | | | 96,992,699 | | | (31,542,357) | | | 183,315,746 | |
NET ASSETS:
| | | | | | | | | | | | | |
Beginning of the period | | | 96,992,699 | | | — | | | 183,315,746 | | | — | |
End of the period | | | $513,268,763 | | | $96,992,699 | | | $151,773,389 | | | $183,315,746 | |
SHARES TRANSACTIONS
| | | | | | | | | | | | | |
Subscriptions | | | 14,650,000 | | | 4,350,000 | | | 2,500,000 | | | 14,200,000 | |
Redemptions | | | (2,300,000) | | | (500,000) | | | (5,350,000) | | | (5,600,000) | |
Total increase/(decrease) in shares outstanding | | | 12,350,000 | | | 3,850,000 | | | (2,850,000) | | | 8,600,000 | |
| | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was November 8, 2022. |
(b)
| Inception date of the Fund was November 16, 2022. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF CHANGES IN NET ASSETS(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment income/(loss) | | | $(1,147) | | | $(226,059) | | | $13,602 |
Net realized gain/(loss) | | | 28,736 | | | 18,085,495 | | | (15,937,780) |
Net change in unrealized appreciation/(depreciation) | | | 31,082 | | | 3,678,394 | | | (5,091,519) |
Net increase/(decrease) in net assets from operations | | | 58,671 | | | 21,537,830 | | | (21,015,697) |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | |
Distributions to shareholders | | | — | | | (551,275) | | | (2,139,291) |
Total distributions to shareholders | | | — | | | (551,275) | | | (2,139,291) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 7,534,083 | | | 15,702,010 | | | 55,634,155 |
Redemptions | | | (1,880,723) | | | (47,893,855) | | | (60,584,555) |
ETF transaction fees (See Note 5) | | | 445 | | | 40 | | | 29 |
Net increase (decrease) in net assets from capital transactions | | | 5,653,805 | | | (32,191,805) | | | (4,950,371) |
NET INCREASE (DECREASE) IN NET ASSETS | | | 5,712,476 | | | (11,205,250) | | | (28,105,359) |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | 73,937,757 | | | 102,043,116 |
End of the period | | | $5,712,476 | | | $62,732,507 | | | $73,937,757 |
SHARES TRANSACTIONS | | | | | | | | | |
Subscriptions | | | 300,000 | | | 600,000 | | | 2,250,000 |
Redemptions | | | (75,000) | | | (1,800,000) | | | (2,600,000) |
Total increase/(decrease) in shares outstanding | | | 225,000 | | | (1,200,000) | | | (350,000) |
| | | | | | | | | | |
(a)
| Inception date of the Fund was August 19, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF CHANGES IN NET ASSETS(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment income/(loss) | | | $98,332 | | | $103,547 | | | $(43,359) | | | $(39,720) |
Net realized gain | | | 2,378,646 | | | 165,849 | | | 2,108,387 | | | 554,924 |
Net change in unrealized appreciation/(depreciation) | | | 616,091 | | | (676,727) | | | 19,113,963 | | | 1,285,013 |
Net increase/(decrease) in net assets from operations | | | 3,093,069 | | | (47,331) | | | 21,178,991 | | | 1,800,217 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | | | | |
Distributions to shareholders | | | (176,880) | | | (179,202) | | | — | | | — |
Total distributions to shareholders | | | (176,880) | | | (179,202) | | | — | | | — |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | — | | | 3,041,730 | | | 95,560,050 | | | 38,333,066 |
Redemptions | | | (1,744,825) | | | (4,641,750) | | | (10,690,818) | | | (8,397,695) |
Net increase (decrease) in net assets from capital transactions | | | (1,744,825) | | | — | | | 84,869,232 | | | 29,935,371 |
NET INCREASE (DECREASE) IN NET ASSETS | | | 1,171,364 | | | (2,186,553) | | | 106,048,223 | | | 31,735,588 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 11,619,766 | | | 13,806,319 | | | 58,149,093 | | | 26,413,505 |
End of the year | | | $12,791,130 | | | $11,619,766 | | | $164,197,316 | | | $58,149,093 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | — | | | 100,000 | | | 3,250,000 | | | 1,525,000 |
Redemptions | | | (50,000) | | | (150,000) | | | (375,000) | | | (350,000) |
Total increase/(decrease) in shares outstanding | | | (50,000) | | | (50,000) | | | 2,875,000 | | | 1,175,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF CHANGES IN NET ASSETS(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(234,760) | | | $(62,943) | | | $(116,895) |
Net realized gain/(loss) | | | 21,753,111 | | | 1,795,740 | | | (5,033,439) |
Net change in unrealized appreciation | | | 45,244,884 | | | 12,788,071 | | | 12,894,239 |
Net increase in net assets from operations | | | 66,763,235 | | | 14,520,868 | | | 7,743,905 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | |
Return of capital | | | — | | | — | | | (28,037) |
Total distributions to shareholders | | | — | | | — | | | (28,037) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 231,466,895 | | | 141,981,430 | | | 209,727,440 |
Redemptions | | | (107,448,445) | | | (14,802,000) | | | (9,682,435) |
Net increase in net assets from capital transactions | | | 124,018,450 | | | 127,179,430 | | | 200,045,005 |
NET INCREASE IN NET ASSETS | | | 190,781,685 | | | 141,700,298 | | | 207,760,873 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | 291,715,507 | | | 150,015,209 | | | — |
End of the period | | | $482,497,192 | | | $291,715,507 | | | $207,760,873 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 5,600,000 | | | 3,900,000 | | | 7,900,000 |
Redemptions | | | (2,550,000) | | | (400,000) | | | (350,000) |
Total increase in shares outstanding | | | 3,050,000 | | | 3,500,000 | | | 7,550,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was January 24, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF CHANGES IN NET ASSETS(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment income/(loss) | | | $(755,579) | | | $(548,002) | | | $6,345,772 | | | $6,198,990 |
Net realized gain/(loss) | | | 15,846,030 | | | 2,659,240 | | | (4,802,254) | | | (10,591,978) |
Net change in unrealized appreciation/
(depreciation) | | | (406,669) | | | 323,523 | | | 19,522,911 | | | 3,679,414 |
Net increase/(decrease) in net assets from operations | | | 14,683,782 | | | 2,434,761 | | | 21,066,429 | | | (713,574) |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | | | | |
Distributions to shareholders | | | — | | | — | | | (6,351,047) | | | (6,171,173) |
Total distributions to shareholders | | | — | | | — | | | (6,351,047) | | | (6,171,173) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 101,054,980 | | | 217,664,135 | | | 10,552,465 | | | 3,651,380 |
Redemptions | | | (97,629,010) | | | (175,600,405) | | | (15,998,100) | | | (17,935,835) |
ETF transaction fees (See Note 5) | | | 4,447 | | | 23,272 | | | — | | | — |
Net increase (decrease) in net assets from capital transactions | | | 3,430,417 | | | 42,087,022 | | | (5,445,635) | | | (14,284,455) |
NET INCREASE (DECREASE) IN NET ASSETS | | | 18,114,199 | | | 44,521,763 | | | 9,269,747 | | | (211,692,021) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 78,377,908 | | | 33,856,145 | | | 97,887,342 | | | 119,056,544 |
End of the year | | | $96,492,107 | | | $78,377,908 | | | $107,157,089 | | | $97,887,342 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,325,000 | | | 8,125,000 | | | 550,000 | | | 200,000 |
Redemptions | | | (3,225,000) | | | (6,525,000) | | | (850,000) | | | (1,000,000) |
Total increase/(decrease) in shares outstanding | | | 100,000 | | | 1,600,000 | | | (300,000) | | | (800,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
STATEMENTS OF CHANGES IN NET ASSETS(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment income/(loss) | | | $2,069 | | | $(185,406) | | | $(85,334) |
Net realized gain/(loss) | | | (45,861) | | | 8,529,515 | | | 340,283 |
Net change in unrealized appreciation/(depreciation) | | | 104,179 | | | (379,225) | | | (418,000) |
Net increase/(decrease) in net assets from operations | | | 60,387 | | | 7,964,884 | | | (163,051) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 3,761,525 | | | 89,154,948 | | | 24,359,140 |
Redemptions | | | — | | | (78,614,138) | | | (14,149,655) |
ETF transaction fees (See Note 5) | | | — | | | 9,397 | | | 7,542 |
Net increase in net assets from capital transactions | | | 3,761,525 | | | 10,550,207 | | | 10,217,027 |
NET INCREASE IN NET ASSETS | | | 3,821,912 | | | 18,515,091 | | | 10,053,976 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | 15,570,143 | | | 5,516,167 |
End of the period | | | $3,821,912 | | | $34,085,234 | | | $15,570,143 |
SHARES TRANSACTIONS | | | | | | | | | |
Subscriptions | | | 150,000 | | | 2,525,000 | | | 925,000 |
Redemptions | | | — | | | (2,250,000) | | | (550,000) |
Total increase in shares outstanding | | | 150,000 | | | 275,000 | | | 375,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was September 16, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS
| | | | | | | | | | |
Innovator Buffer Step-Up Strategy ETF |
10/31/2024 | | | $25.98 | | | $(0.27) | | | $6.77 | | | $6.50 | | | $— | | | $— | | | $ — | | | $— |
10/31/2023 | | | $24.04 | | | (0.23) | | | 2.16 | | | 1.93 | | | — | | | — | | | — | | | — |
10/31/2022(e) | | | $25.48 | | | (0.14) | | | (1.32) | | | (1.46) | | | — | | | — | | | — | | | — |
Innovator Deepwater Frontier Tech ETF |
10/31/2024 | | | $33.65 | | | (0.17) | | | 16.17 | | | 16.00 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $29.35 | | | (0.08) | | | 4.38 | | | 4.30 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $56.02 | | | (0.04) | | | (26.64) | | | (26.68) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $37.34 | | | (0.14) | | | 18.81 | | | 18.67 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $23.70 | | | (0.09) | | | 13.73 | | | 13.64 | | | — | | | — | | | — | | | — |
Innovator Equity Managed Floor ETF |
10/31/2024 | | | $25.19 | | | 0.17 | | | 6.60 | | | 6.77 | | | (0.21) | | | (0.07) | | | — | | | (0.28) |
10/31/2023(i) | | | $22.80 | | | 0.16 | | | 2.39 | | | 0.55 | | | (0.16) | | | — | | | — | | | (0.16) |
Innovator Gradient Tactical Rotation Strategy ETF |
10/31/2024 | | | $21.32 | | | 0.41 | | | 4.88 | | | 5.29 | | | (0.21) | | | — | | | — | | | (0.21) |
10/31/2023(j) | | | $25.00 | | | 0.20 | | | (3.81) | | | (3.61) | | | (0.07) | | | — | | | — | | | (0.07) |
Innovator Hedged Nasdaq-100 ETF |
10/31/2024(k) | | | $25.03 | | | (0.01) | | | 0.37 | | | 0.36 | | | — | | | — | | | — | | | — |
Innovator IBD 50 ETF |
10/31/2024 | | | $20.83 | | | (0.07) | | | 6.09 | | | 6.02 | | | (0.16) | | | — | | | — | | | (0.16) |
10/31/2023 | | | $26.16 | | | —(g) | | | (4.73) | | | (4.73) | | | (0.60) | | | — | | | — | | | (0.60) |
10/31/2022 | | | $50.34 | | | 0.46 | | | (24.54) | | | (24.08) | | | (0.10) | | | — | | | — | | | (0.10) |
10/31/2021 | | | $35.97 | | | 0.10 | | | 14.27 | | | 14.37 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $33.17 | | | 0.04 | | | 2.76 | | | 2.80 | | | — | | | — | | | — | | | — |
Innovator IBD Breakout Opportunities ETF |
10/31/2024 | | | $29.05 | | | 0.26 | | | 7.68 | | | 7.94 | | | (0.44) | | | — | | | — | | | (0.44) |
10/31/2023 | | | $30.68 | | | 0.24 | | | (1.47) | | | (1.23) | | | (0.40) | | | — | | | — | | | (0.40) |
10/31/2022 | | | $36.52 | | | 0.32 | | | (6.16) | | | (5.84) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $23.53 | | | (0.02) | | | 13.01 | | | 12.99 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $19.44 | | | (0.03) | | | 4.12 | | | 4.09 | | | — | | | — | | | — | | | — |
Innovator Laddered Allocation Buffer ETF |
10/31/2024 | | | $25.01 | | | (0.01) | | | 6.58 | | | 6.57 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $22.97 | | | (0.02) | | | 2.06 | | | 2.04 | | | — | | | — | | | — | | | — |
10/31/2022(l) | | | $24.89 | | | (0.02) | | | (1.90) | | | (1.92) | | | — | | | — | | | — | | | — |
Innovator Laddered Allocation Power Buffer ETF |
10/31/2024 | | | $36.93 | | | (0.02) | | | 7.15 | | | 7.13 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $34.09 | | | (0.01) | | | 2.85 | | | 2.84 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $35.56 | | | (0.02) | | | (1.45) | | | (1.47) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $31.49 | | | (0.05) | | | 4.12 | | | 4.07 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $36.66 | | | 0.81 | | | (5.26) | | | (4.45) | | | (0.72) | | | — | | | — | | | (0.72) |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on page 94.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $32.49 | | | 25.01% | | | $64,169 | | | 0.89% | | | 0.89% | | | (0.88)% | | | —% |
$0.01 | | | $25.98 | | | 8.09% | | | $40,267 | | | 0.89% | | | 0.89% | | | (0.88)% | | | —% |
$0.02 | | | $24.04 | | | −5.64%(f) | | | $28,853 | | | 0.89% | | | 0.89% | | | (0.89)% | | | —%(f) |
|
$0.01 | | | $49.66 | | | 47.59% | | | $57,113 | | | 0.70% | | | 0.70% | | | (0.37)% | | | 165% |
$—(g) | | | $33.65 | | | 14.64% | | | $33,651 | | | 0.70% | | | 0.70% | | | (0.23)% | | | 153% |
$0.01 | | | $29.35 | | | −47.60% | | | $32,288 | | | 0.70% | | | 0.70% | | | (0.10)% | | | 138% |
$0.01 | | | $56.02 | | | 50.01% | | | $78,428 | | | 0.70% | | | 0.70% | | | (0.27)% | | | 134% |
$—(g) | | | $37.34 | | | 57.59% | | | $16,805 | | | 0.70% | | | 0.70% | | | (0.32)% | | | 97% |
|
$— | | | $31.68 | | | 26.97% | | | $513,269 | | | 0.89% | | | 0.89% | | | 0.55% | | | 9% |
$— | | | $25.19 | | | 11.20%(f) | | | $96,993 | | | 0.89% | | | 0.89% | | | 0.64% | | | 7%(f) |
|
$—(g) | | | $26.40 | | | 24.91% | | | $151,773 | | | 0.80% | | | 0.80% | | | 1.57% | | | 458% |
$— | | | $21.32 | | | −14.48%(f) | | | $183,316 | | | 0.80% | | | 0.80% | | | 0.94% | | | 306%(f) |
|
$—(g) | | | $25.39 | | | 1.43%(f) | | | $5,712 | | | 0.79% | | | 0.79% | | | (0.15)% | | | 13%(f) |
|
$—(g) | | | $26.69 | | | 28.98% | | | $62,733 | | | 1.00% | | | 0.80% | | | (0.27)% | | | 1,304% |
$—(g) | | | $20.83 | | | −18.21% | | | $73,938 | | | 1.08% | | | 0.80% | | | 0.02% | | | 1,425% |
$— | | | $26.16 | | | −47.90% | | | $102,043 | | | 0.97% | | | 0.80% | | | 1.29% | | | 1,961% |
$—(g) | | | $50.34 | | | 39.95% | | | $274,365 | | | 0.93% | | | 0.80% | | | 0.22% | | | 1,133% |
$— | | | $35.97 | | | 8.42% | | | $181,624 | | | 0.90% | | | 0.80% | | | 0.12% | | | 974% |
|
$— | | | $36.55 | | | 27.45% | | | $12,791 | | | 0.80% | | | 0.80% | | | 0.76% | | | 1,448% |
$— | | | $29.05 | | | −4.03% | | | $11,620 | | | 0.80% | | | 0.80% | | | 0.77% | | | 1,945% |
$— | | | $30.68 | | | −15.98% | | | $13,806 | | | 0.80% | | | 0.80% | | | 0.92% | | | 1,980% |
$— | | | $36.52 | | | 55.18% | | | $14,607 | | | 0.80% | | | 0.80% | | | (0.07)% | | | 1,846% |
$— | | | $23.53 | | | 21.04% | | | $5,883 | | | 0.80% | | | 0.80% | | | (0.12)% | | | 1,637% |
|
$— | | | $31.58 | | | 26.25% | | | $164,197 | | | 0.13% | | | 0.10% | | | (0.04)% | | | 2% |
$— | | | $25.01 | | | 8.89% | | | $58,149 | | | 0.20% | | | 0.10% | | | (0.10)% | | | 1% |
$— | | | $22.97 | | | −7.72%(f) | | | $26,414 | | | 0.20% | | | 0.10% | | | (0.10)% | | | 1%(f) |
|
$— | | | $44.06 | | | 19.33% | | | $482,497 | | | 0.14% | | | 0.10% | | | (0.06)% | | | 1% |
$— | | | $36.93 | | | 8.31% | | | $291,716 | | | 0.20% | | | 0.10% | | | (0.03)% | | | 1% |
$— | | | $34.09 | | | −4.11% | | | $150,015 | | | 0.20% | | | 0.12% | | | (0.70)% | | | 2% |
$— | | | $35.56 | | | 12.93% | | | $69,337 | | | 0.20% | | | 0.20% | | | (0.14)% | | | 1% |
$— | | | $31.49 | | | −11.93% | | | $28,338 | | | 0.47% | | | 0.47% | | | 2.47% | | | 750% |
| | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator Nasdaq-100 Managed Floor ETF |
10/31/2024(m) | | | $25.00 | | | $(0.03) | | | $2.56 | | | $2.53 | | | $— | | | $— | | | $(0.01) | | | $(0.01) |
Innovator Power Buffer Step-Up Strategy ETF |
10/31/2024 | | | $26.35 | | | (0.26) | | | 5.29 | | | 5.03 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $24.62 | | | (0.23) | | | 1.95 | | | 1.72 | | | — | | | — | | | — | | | — |
10/31/2022(e) | | | $25.67 | | | (0.14) | | | (0.93) | | | (1.07) | | | — | | | — | | | — | | | — |
Innovator S&P Investment Grade Preferred ETF |
10/31/2024 | | | $16.73 | | | 1.11 | | | 2.58 | | | 3.69 | | | (1.11) | | | — | | | — | | | (1.11) |
10/31/2023 | | | $17.90 | | | 0.99 | | | (1.17) | | | (0.18) | | | (0.99) | | | — | | | — | | | (0.99) |
10/31/2022 | | | $24.22 | | | 1.00 | | | (6.28) | | | (5.28) | | | (1.02) | | | — | | | (0.02) | | | (1.04) |
10/31/2021 | | | $24.02 | | | 1.14 | | | 0.27 | | | 1.41 | | | (1.14) | | | — | | | (0.07) | | | (1.21) |
10/31/2020 | | | $24.11 | | | 1.23 | | | (0.07) | | | 1.16 | | | (1.25) | | | — | | | — | | | (1.25) |
Innovator U.S. Small Cap Managed Floor ETF |
10/31/2024(n) | | | $25.00 | | | 0.02 | | | 0.46 | | | 0.48 | | | — | | | — | | | — | | | — |
Innovator Uncapped Accelerated U.S. Equity ETF |
10/31/2024 | | | $25.95 | | | (0.27) | | | 13.26 | | | 12.99 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $24.52 | | | (0.21) | | | 1.62 | | | 1.41 | | | — | | | — | | | — | | | — |
10/31/2022(o) | | | $26.88 | | | (0.04) | | | (2.32) | | | (2.36) | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
(a)
| Net investment income per share has been calculated based on average shares outstanding during the year.
|
(b)
| Realized and unrealized gains and losses per share in the caption are balancing amounts necessary to reconcile the change in net asset value per share for the years, and may not reconcile with the aggregate gains and losses in the Statement of Operations due to share transactions for the year.
|
(c)
| Portfolio turnover rate excludes in-kind transactions.
|
(d)
| Annualized for periods less than one year.
|
(e)
| Inception date of the Fund was March 7, 2022.
|
(f)
| Not annualized for periods less than one year.
|
(g)
| Amount represents less than $0.005 per share. |
(h)
| Amount represents less than 0.005%.
|
(i)
| Inception date of the Fund was November 8, 2022.
|
(j)
| Inception date of the Fund was November 16, 2022.
|
(k)
| Inception date of the Fund was August 19, 2024.
|
(l)
| Inception date of the Fund was February 8, 2022.
|
(m)
| Inception date of the Fund was January 24, 2024.
|
(n)
| Inception date of the Fund was September 16, 2024.
|
(o)
| Inception date of the Fund was August 10, 2022. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$— | | | $27.52 | | | 10.11%(f) | | | $207,761 | | | 0.89% | | | 0.89% | | | (0.13)% | | | 20%(f) |
|
$—(g) | | | $31.38 | | | 19.06% | | | $96,492 | | | 0.89% | | | 0.89% | | | (0.88)% | | | —% |
$0.01 | | | $26.35 | | | 7.04% | | | $78,378 | | | 0.89% | | | 0.89% | | | (0.88)% | | | —% |
$0.02 | | | $24.62 | | | −4.08%(f) | | | $33,856 | | | 0.89% | | | 0.89% | | | (0.89)% | | | —%(f) |
|
$— | | | $19.31 | | | 22.36% | | | $107,157 | | | 0.47% | | | 0.47% | | | 5.86% | | | 33% |
$— | | | $16.73 | | | −1.32% | | | $97,887 | | | 0.47% | | | 0.47% | | | 5.37% | | | 28% |
$— | | | $17.90 | | | −22.27% | | | $119,057 | | | 0.47% | | | 0.47% | | | 4.70% | | | 46% |
$— | | | $24.22 | | | 5.97% | | | $222,794 | | | 0.47% | | | 0.47% | | | 4.70% | | | 68% |
$—(g) | | | $24.02 | | | 5.04% | | | $127,315 | | | 0.47% | | | 0.47% | | | 5.15% | | | 58% |
|
$— | | | $25.48 | | | 1.92%(f) | | | $3,822 | | | 0.89% | | | 0.89% | | | 0.55% | | | 24%(f) |
|
$0.01 | | | $38.95 | | | 50.11% | | | $34,085 | | | 0.79% | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $25.95 | | | 5.85% | | | $15,570 | | | 0.79% | | | 0.79% | | | (0.77)% | | | —% |
$—(g) | | | $24.52 | | | −8.79%(f) | | | $5,516 | | | 0.79% | | | 0.79% | | | (0.78)% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024
1. ORGANIZATION
Innovator ETFs Trust (the “Trust”) was organized under Delaware law as a Delaware statutory trust on October 17, 2007, and is registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940, as amended (the “1940 Act”) as an open-end management investment company. The Trust currently consists of multiple operational series, of which fourteen are covered in this report, collectively the (“Funds”):
| | | | | | | | | | |
Innovator Buffer Step-Up Strategy ETF | | | BSTP | | | March 7, 2022 | | | SPDR S&P 500® ETF Trust |
Innovator Deepwater Frontier Tech ETF | | | LOUP | | | July 24, 2018 | | | Loup Frontier Tech Index |
Innovator Equity Managed Floor ETF | | | SFLR | | | November 8, 2022 | | | SPDR S&P 500® ETF Trust |
Innovator Gradient Tactical Rotation Strategy ETF | | | IGTR | | | November 16, 2022 | | | S&P Global Broad Market Index |
Innovator Hedged Nasdaq-100 ETF | | | QHDG | | | August 19, 2024 | | | Nasdaq-100 Index |
Innovator IBD® 50 ETF | | | FFTY | | | April 8, 2015 | | | IBD® 50 Index |
Innovator IBD® Breakout Opportunities ETF | | | BOUT | | | September 12, 2018 | | | IBD® Breakout Stocks Index |
Innovator Laddered Allocation Buffer ETF(b) | | | BUFB | | | February 8, 2022 | | | MerQube U.S. Large Cap Equity
Buffer Laddered Index |
Innovator Laddered Allocation Power Buffer ETF(c) | | | BUFF | | | October 19, 2016 | | | Refinitiv Laddered Power Buffer
Strategy Index |
Innovator Nasdaq-100 Managed Floor ETF | | | QFLR | | | January 24, 2024 | | | Nasdaq-100 Index |
Innovator Power Buffer Step-Up Strategy ETF | | | PSTP | | | March 7, 2022 | | | SPDR S&P 500® ETF Trust |
Innovator S&P Investment Grade Preferred ETF | | | EPRF | | | May 23, 2016 | | | S&P U.S. High Quality Preferred Stock
Index |
Innovator U.S. Small Cap Managed Floor ETF | | | RFLR | | | September 16, 2024 | | | Russell 2000 Index |
Innovator Uncapped Accelerated U.S. Equity ETF | | | XUSP | | | August 10, 2022 | | | SPDR S&P 500® ETF Trust |
| | | | | | | | | | |
(a)
| Each Fund individually seeks to track their respective index or Fund, before fees and expenses. |
(b)
| BUFB seeks to achieve its investment objective by investing primarily in other Innovator ETFs (Affiliated Fund of Fund structure) that themselves seek investment results corresponding to their own respective underlying indexes. In addition to its own fees and expenses, BUFB will pay indirectly a proportional share of the fees and expenses of the underlying Innovator ETFs in which it invests, including advisory and administration fees (Acquired Fund Fees and Expenses). |
(c)
| BUFF seeks to achieve its investment objective by investing primarily in other Innovator ETFs (Affiliated Fund of Fund structure) that themselves seek investment results corresponding to their own respective underlying indexes. In addition to its own fees and expenses, BUFF will pay indirectly a proportional share of the fees and expenses of the underlying Innovator ETFs in which it invests, including advisory and administration fees (Acquired Fund Fees and Expenses). Prior to August 11, 2020, BUFF sought investment results that generally corresponded, before fees and expenses, to the Lunt Capital U.S. Large Cap Equity Rotation Index. |
The operational series of the Trust covered outside of this report consist of:
| | | | | | | | | | |
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly | | | TFJL | | | August 17, 2020 | | | iShares 20+ Year Treasury Bond ETF |
Innovator 20+ Year Treasury Bond 9 Buffer ETF - July | | | TBJL | | | August 17, 2020 | | | iShares 20+ Year Treasury Bond ETF |
Innovator Defined Wealth Shield ETF | | | BALT | | | June 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator Emerging Markets 10 Buffer ETF - Quarterly | | | EBUF | | | June 28, 2024 | | | iShares MSCI Emerging Markets ETF |
Innovator Emerging Markets Power Buffer ETF - April | | | EAPR | | | March 31, 2021 | | | iShares MSCI Emerging Markets ETF |
Innovator Emerging Markets Power Buffer ETF - January | | | EJAN | | | December 31, 2019 | | | iShares MSCI Emerging Markets ETF |
Innovator Emerging Markets Power Buffer ETF - July | | | EJUL | | | June 28, 2019 | | | iShares MSCI Emerging Markets ETF |
Innovator Emerging Markets Power Buffer ETF - October | | | EOCT | | | September 30, 2021 | | | iShares MSCI Emerging Markets ETF |
Innovator Equity Defined Protection ETF - 1 Yr August | | | ZAUG | | | July 31, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 1 Yr July | | | ZJUL | | | June 28, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 1 Yr November | | | ZNOV | | | October 31, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 1 Yr October | | | ZOCT | | | September 30, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 1 Yr September | | | ZSEP | | | August 30, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to April 2026 | | | AAPR | | | March 28, 2024 | | | S&P 500® Index |
| | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | |
Innovator Equity Defined Protection ETF - 2 Yr to January 2026 | | | AJAN | | | December 29, 2023 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to July 2025 | | | TJUL | | | July 17, 2023 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to July 2026 | | | AJUL | | | June 28, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to October 2026 | | | AOCT | | | September 30, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct | | | APOC | | | September 30, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul | | | JAJL | | | June 28, 2024 | | | S&P 500® Index |
Innovator Growth Accelerated ETF - Quarterly | | | XDQQ | | | March 31, 2021 | | | Invesco QQQ Trust |
Innovator Growth Accelerated Plus ETF - April | | | QTAP | | | March 31, 2021 | | | Invesco QQQ Trust |
Innovator Growth Accelerated Plus ETF - January | | | QTJA | | | December 31, 2021 | | | Invesco QQQ Trust |
Innovator Growth Accelerated Plus ETF - July | | | QTJL | | | June 30, 2021 | | | Invesco QQQ Trust |
Innovator Growth Accelerated Plus ETF - October | | | QTOC | | | September 30, 2021 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - April | | | NAPR | | | March 31, 2020 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - August | | | NAUG | | | July 31, 2024 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - January | | | NJAN | | | December 31, 2019 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - July | | | NJUL | | | June 30, 2020 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - June | | | NJUN | | | May 31, 2024 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - November | | | NNOV | | | October 31, 2024 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - October | | | NOCT | | | September 30, 2019 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - September | | | NSEP | | | August 30, 2024 | | | Invesco QQQ Trust |
Innovator International Developed 10 Buffer ETF - Quarterly | | | IBUF | | | June 28, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - April | | | IAPR | | | March 31, 2021 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - August | | | IAUG | | | July 31, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - December | | | IDEC | | | November 30, 2023 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - February | | | IFEB | | | January 31, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - January | | | IJAN | | | December 31, 2019 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - July | | | IJUL | | | June 28, 2019 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - June | | | IJUN | | | May 31, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - March | | | IMAR | | | February 29, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - May | | | IMAY | | | April 30, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - November | | | INOV | | | October 31, 2023 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - October | | | IOCT | | | September 30, 2021 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - September | | | ISEP | | | August 31, 2023 | | | iShares MSCI EAFE ETF |
Innovator Nasdaq-100 10 Buffer ETF - Quarterly | | | QBUF | | | June 28, 2024 | | | Nasdaq-100 Index |
Innovator Premium Income 10 Barrier ETF - April | | | APRD | | | March 31, 2023 | | | S&P 500® Index |
Innovator Premium Income 10 Barrier ETF - January | | | JAND | | | December 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 10 Barrier ETF - July | | | JULD | | | June 30, 2023 | | | S&P 500® Index |
Innovator Premium Income 10 Barrier ETF - October | | | OCTD | | | September 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 15 Buffer ETF - April | | | LAPR | | | March 28, 2024 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 15 Buffer ETF - January | | | LJAN | | | December 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 15 Buffer ETF - July | | | LJUL | | | June 28, 2024 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 15 Buffer ETF - October | | | LOCT | | | September 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 20 Barrier ETF - April | | | APRH | | | March 31, 2023 | | | S&P 500® Index |
Innovator Premium Income 20 Barrier ETF - January | | | JANH | | | December 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 20 Barrier ETF - July | | | JULH | | | June 30, 2023 | | | S&P 500® Index |
Innovator Premium Income 20 Barrier ETF - October | | | OCTH | | | September 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 30 Barrier ETF - April | | | APRJ | | | March 31, 2023 | | | S&P 500® Index |
Innovator Premium Income 30 Barrier ETF - January | | | JANJ | | | December 29, 2023 | | | S&P 500® Index |
| | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | |
Innovator Premium Income 30 Barrier ETF - July | | | JULJ | | | June 30, 2023 | | | S&P 500® Index |
Innovator Premium Income 30 Barrier ETF - October | | | OCTJ | | | September 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 40 Barrier ETF - April | | | APRQ | | | March 31, 2023 | | | S&P 500® Index |
Innovator Premium Income 40 Barrier ETF - January | | | JANQ | | | December 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 40 Barrier ETF - July | | | JULQ | | | June 30, 2023 | | | S&P 500® Index |
Innovator Premium Income 40 Barrier ETF - October | | | OCTQ | | | September 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 9 Buffer ETF - April | | | HAPR | | | March 28, 2024 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 9 Buffer ETF - January | | | HJAN | | | December 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 9 Buffer ETF - July | | | HJUL | | | June 28, 2024 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 9 Buffer ETF - October | | | HOCT | | | September 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity 10 Buffer ETF - Quarterly | | | ZALT | | | September 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly | | | EALT | | | September 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated 9 Buffer ETF - April | | | XBAP | | | March 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated 9 Buffer ETF - January | | | XBJA | | | December 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated 9 Buffer ETF - July | | | XBJL | | | June 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated 9 Buffer ETF - October | | | XBOC | | | September 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - April | | | XDAP | | | March 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - January | | | XDJA | | | December 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - July | | | XDJL | | | June 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - October | | | XDOC | | | September 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - Quarterly | | | XDSQ | | | March 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated Plus ETF - April | | | XTAP | | | March 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated Plus ETF - January | | | XTJA | | | December 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated Plus ETF - July | | | XTJL | | | June 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated Plus ETF - October | | | XTOC | | | September 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - April | | | BAPR | | | March 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - August | | | BAUG | | | July 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - December | | | BDEC | | | November 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - February | | | BFEB | | | January 31, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - January | | | BJAN | | | December 31, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - July | | | BJUL | | | August 28, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - June | | | BJUN | | | May 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - March | | | BMAR | | | February 28, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - May | | | BMAY | | | April 30, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - November | | | BNOV | | | October 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - October | | | BOCT | | | September 28, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - September | | | BSEP | | | August 30, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - April | | | PAPR | | | March 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - July | | | PJUL | | | August 7, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - June | | | PJUN | | | May 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - October | | | POCT | | | September 28, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - August | | | PAUG | | | July 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - December | | | PDEC | | | November 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - February | | | PFEB | | | January 31, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - January | | | PJAN | | | December 31, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - March | | | PMAR | | | February 28, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - May | | | PMAY | | | April 30, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - November | | | PNOV | | | October 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - September | | | PSEP | | | August 30, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - April | | | UAPR | | | March 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - August | | | UAUG | | | July 31, 2019 | | | SPDR S&P 500® ETF Trust |
| | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - December | | | UDEC | | | November 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - February | | | UFEB | | | January 31, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - January | | | UJAN | | | December 31, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - July | | | UJUL | | | August 7, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - June | | | UJUN | | | May 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - March | | | UMAR | | | February 28, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - May | | | UMAY | | | April 30, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - November | | | UNOV | | | October 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - October | | | UOCT | | | September 28, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - September | | | USEP | | | August 30, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Small Cap 10 Buffer ETF - Quarterly | | | RBUF | | | June 28, 2024 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - April | | | KAPR | | | March 31, 2020 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - August | | | KAUG | | | July 31, 2024 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - January | | | KJAN | | | December 31, 2019 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - July | | | KJUL | | | June 30, 2020 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - June | | | KJUN | | | May 31, 2024 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - November | | | KNOV | | | October 31, 2024 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - October | | | KOCT | | | September 30, 2019 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - September | | | KSEP | | | August 30, 2024 | | | iShares Russell 2000 ETF |
| | | | | | | | | | |
The Funds are exchange traded funds that offer one class of shares, do not charge a sales load, do not have a redemption fee and currently do not charge a 12b-1 fee to their shareholders. FFTY, BOUT, LOUP, BSTP, PSTP, QFLR, SFLR, RFLR and IGTR list and principally trade their shares on NYSE Arca, Inc. (“NYSE”), EPRF, BUFF, BUFB and XUSP list and principally trade their shares on Cboe BZX Exchange, Inc. (“Cboe BZX”). QHDG lists and principally trades its shares on Nasdaq Global Market (“Nasdaq”).
BSTP and PSTP employ a “step-up strategy” in which the sub-adviser will seek to opportunistically manage the respective Fund’s investment exposure by periodically terminating its FLEX Options investments earlier than its one-year expiration date and immediately reset the respective Fund’s options portfolio for a new one-year period. The “step-up strategy” seeks to help a Fund’s shareholder offset the timing risks inherent in owning an options package for one year. BSTP, PSTP and XUSP do not pursue a “defined outcome strategy” or seek to achieve the full one-year investment outcomes of the options portfolio held. Unlike other Innovator ETFs that utilize a defined outcome investment strategy, they do not seek to provide shareholders with a set buffer percentage and maximum upside potential over any specified time period.
The Funds are investment companies and accordingly follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946 “Financial Services – Investment Companies”.
2. SIGNIFICANT ACCOUNTING POLICIES
The following is a summary of significant accounting policies consistently followed by the Trust in the preparation of its financial statements. These policies are in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Valuation: The net asset values (“NAV”) of the Funds are determined as of the close of regular trading on the NYSE (normally 4:00 p.m. ET). If the NYSE closes early on a valuation day, the Funds shall determine NAV as of that time.
Portfolio securities generally shall be valued utilizing prices provided by independent pricing services. The Adviser, as the Trust’s Valuation Designee (“Valuation Designee”) is responsible for establishing valuation of portfolio securities and other instruments held by the Funds in accordance with the Trust’s valuation procedures.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Common stocks, preferred stocks, exchange traded funds and other equity securities listed on any national or foreign exchange (excluding the NASDAQ National Market (“NASDAQ”) and the London Stock Exchange Alternative Investment Market (“AIM”)) are generally valued at the last sale price on the exchange on which they are principally traded or, for NASDAQ and AIM securities, the official closing price. Securities traded on more than one securities exchange are valued at the last sale price or official closing price, as applicable, at the close of the exchange representing the principal market for such securities. Securities traded in the over-the-counter market are valued at the mean of the bid and the asked price, if available, and otherwise at their closing bid price. Redeemable securities issued by open-end investment companies shall be valued at the investment company’s applicable net asset value, with the exception of exchange-traded open-end investment companies which are priced as equity securities. Units of Mount Vernon Liquid Assets Portfolio, LLC are not traded on an exchange and are valued at the investment company’s net asset value per share as provided by the underlying fund’s administrator. Fixed income securities, swaps, currency–, credit- and commodity-linked notes, and other similar instruments will be valued using a pricing service. Fixed income securities having a remaining maturity of 60 days or less when purchased will be valued at cost adjusted for amortization of premiums and accretion of discounts, provided the Valuation Designee has determined that the use of amortized cost is an appropriate reflection of fair value given market and issuer specific conditions existing at the time of the determination. Deposit accounts are valued at acquisition cost. Foreign securities and other assets denominated in foreign currencies are translated into U.S. dollars at the exchange rate of such currencies against the U.S. dollar as provided by the pricing service. All assets denominated in foreign currencies will be converted into U.S. dollars at the exchange rates in effect at the time of valuation. Restricted securities (with the exception of Rule 144A Securities for which market quotations are available) will normally be valued at fair value as determined by the Valuation Designee.
Exchange-traded option contracts (other than FLEX Option contracts) will be valued at the closing price in the market where such contracts are principally traded. If no closing price is available, they will be fair valued at the mean of their most recent bid and asked price, if available, and otherwise at their closing bid price. OTC options are fair valued at the mean of the most recent bid and asked price, if available, and otherwise at their closing bid price. FLEX Options will be valued at a model-based price provided by the exchange on which the option is traded at the official close of that exchange’s trading date. If the exchange on which the option is traded is unable to provide a model price, FLEX Options prices will be provided by backup provider Super Derivatives. Otherwise, the value of a FLEX Option will be determined by the Valuation Designee in accordance with the Trust’s valuation procedures.
If no quotation can be obtained from a pricing service, then the Valuation Designee will then attempt to obtain one or more broker quotes for the security. If no quotation is available from either a pricing service or one or more brokers or if the Valuation Designee has reason to question the reliability or accuracy of a quotation supplied or the use of amortized cost, the value of any portfolio security held by the Funds for which reliable market quotations are not readily available will be determined by the Valuation Designee in a manner that most appropriately reflects fair market value of the security on the valuation date. The use of a fair valuation method may be appropriate if, for example: (i) market quotations do not accurately reflect fair value of an investment; (ii) an investment’s value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (for example, a foreign exchange or market); (iii) a trading halt closes an exchange or market early; or (iv) other events result in an exchange or market delaying its normal close.
Fair Valuation Measurement: FASB established a framework for measuring fair value in accordance with U.S. GAAP. Under ASC Topic 820, “Fair Value Measurement” (“ASC 820”), various inputs are used in determining the value of the Funds’ investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three Levels of inputs of the fair value hierarchy are defined as follows:
Level 1 –
Unadjusted quoted prices in active markets for identical assets or liabilities that the Funds have the ability to access.
Level 2 –
Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Level 3 –
Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Funds’ own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgement. Accordingly, the degree of judgement exercised in determining fair value is greatest for instruments categorized in Level 3.
The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
The following table summarizes valuation of the Funds’ investments under the fair value hierarchy as of October 31, 2024:
Innovator Buffer Step-Up Strategy ETF
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $66,779,400 | | | $— | | | $66,779,400 |
Total Investments | | | $— | | | $66,779,400 | | | $— | | | $66,779,400 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,686,129 | | | $— | | | $2,686,129 |
Total Investments | | | $— | | | $2,686,129 | | | $— | | | $2,686,129 |
| | | | | | | | | | | | | |
Innovator Deepwater Frontier Tech ETF
| | | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Common Stocks | | | $55,506,066 | | | $— | | | $— | | | $55,506,066 |
Preferred Stocks | | | 1,565,991 | | | — | | | — | | | 1,565,991 |
Investments Purchased with Proceeds from Securities Lending(a) | | | — | | | — | | | — | | | 5,626,632 |
Total Investments | | | $57,072,057 | | | $— | | | $— | | | $62,698,689 |
| | | | | | | | | | | | | |
Innovator Equity Managed Floor ETF
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Common Stocks | | | $488,786,818 | | | $— | | | $— | | | $488,786,818 |
Real Estate Investment Trusts | | | 10,157,195 | | | — | | | — | | | 10,157,195 |
Purchased Options | | | 6,813,504 | | | — | | | — | | | 6,813,504 |
Investments Purchased with Proceeds from Securities Lending(a) | | | — | | | — | | | — | | | 21,380,083 |
Total Investments | | | $505,757,517 | | | $— | | | $— | | | $527,137,600 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Equity Managed Floor ETF (Continued)
| | | | | | | | | | | | | |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $184,362 | | | $— | | | $— | | | $184,362 |
Total Investments | | | $184,362 | | | $— | | | $— | | | $184,362 |
| | | | | | | | | | | | | |
Innovator Gradient Tactical Rotation Strategy ETF
| | | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Common Stocks | | | $147,194,025 | | | $— | | | $— | | | $147,194,025 |
Preferred Stocks | | | 3,220,875 | | | — | | | — | | | 3,220,875 |
Investments Purchased with Proceeds from Securities Lending(a) | | | — | | | — | | | — | | | 5,999,779 |
U.S. Treasury Bills | | | — | | | 1,039,349 | | | — | | | 1,039,349 |
Total Investments | | | $150,414,900 | | | $1,039,349 | | | $— | | | $157,454,028 |
| | | | | | | | | | | | | |
Innovator Hedged Nasdaq-100 ETF
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Common Stocks | | | $5,657,346 | | | $— | | | $— | | | $5,657,346 |
Purchased Options | | | — | | | 113,958 | | | — | | | 113,958 |
Total Investments | | | $5,657,346 | | | $113,958 | | | $— | | | $5,771,304 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $64,584 | | | $— | | | $64,584 |
Total Investments | | | $— | | | $64,584 | | | $— | | | $64,584 |
| | | | | | | | | | | | | |
Innovator IBD 50 ETF
| | | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Common Stocks | | | $62,359,374 | | | $— | | | $— | | | $62,359,374 |
Investments Purchased with Proceeds from Securities Lending(a) | | | — | | | — | | | — | | | 20,185,538 |
Total Investments | | | $62,359,374 | | | $— | | | $— | | | $82,544,912 |
| | | | | | | | | | | | | |
Innovator IBD Breakout Opportunities ETF
| | | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Common Stocks | | | $11,872,153 | | | $— | | | $— | | | $11,872,153 |
Real Estate Investment Trusts | | | 915,580 | | | — | | | — | | | 915,580 |
Investments Purchased with Proceeds from Securities Lending(a) | | | — | | | — | | | — | | | 3,961,411 |
Total Investments | | | $12,787,733 | | | $— | | | $— | | | $16,749,144 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Laddered Allocation Buffer ETF
| | | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Affiliated Exchange Traded Funds | | | $164,014,668 | | | $— | | | $— | | | $164,014,668 |
Investments Purchased with Proceeds from Securities Lending(a) | | | — | | | — | | | — | | | 345,975 |
Total Investments | | | $164,014,668 | | | $— | | | $— | | | $164,360,643 |
| | | | | | | | | | | | | |
Innovator Laddered Allocation Power Buffer ETF
| | | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Affiliated Exchange Traded Funds | | | $481,743,900 | | | $— | | | $— | | | $481,743,900 |
Investments Purchased with Proceeds from Securities Lending(a) | | | — | | | — | | | — | | | 3,324,275 |
Total Investments | | | $481,743,900 | | | $— | | | $— | | | $485,068,175 |
| | | | | | | | | | | | | |
Innovator Nasdaq-100 Managed Floor ETF
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Common Stocks | | | $200,278,420 | | | $— | | | $— | | | $200,278,420 |
Purchased Options | | | 4,117,846 | | | — | | | — | | | 4,117,846 |
Total Investments | | | $204,396,266 | | | $— | | | $— | | | $204,396,266 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $176,470 | | | $— | | | $— | | | $176,470 |
Total Investments | | | $176,470 | | | $— | | | $— | | | $176,470 |
| | | | | | | | | | | | | |
Innovator Power Buffer Step-Up Strategy ETF
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $100,366,196 | | | $— | | | $100,366,196 |
Total Investments | | | $— | | | $100,366,196 | | | $— | | | $100,366,196 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,927,941 | | | $— | | | $3,927,941 |
Total Investments | | | $— | | | $3,927,941 | | | $— | | | $3,927,941 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator S&P Investment Grade Preferred ETF
| | | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Preferred Stocks | | | $87,650,386 | | | $— | | | $— | | | $87,650,386 |
Real Estate Investment Trusts | | | 14,204,424 | | | — | | | — | | | 14,204,424 |
Convertible Preferred Stocks | | | 5,124,885 | | | — | | | — | | | 5,124,885 |
Investments Purchased with Proceeds from Securities Lending(a) | | | — | | | — | | | — | | | 9,738,011 |
Total Investments | | | $106,979,695 | | | $— | | | $— | | | $116,717,706 |
| | | | | | | | | | | | | |
Innovator U.S. Small Cap Managed Floor ETF
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Common Stocks | | | $3,368,186 | | | $1,478 | | | $— | | | $3,369,664 |
Real Estate Investment Trusts | | | 266,385 | | | — | | | — | | | 266,385 |
Purchased Options | | | 27,434 | | | 68,420 | | | — | | | 95,854 |
Total Investments | | | $3,662,005 | | | $69,898 | | | $— | | | $3,731,903 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $4,308 | | | $2,350 | | | $— | | | $6,658 |
Total Investments | | | $4,308 | | | $2,350 | | | $— | | | $6,658 |
| | | | | | | | | | | | | |
Innovator Uncapped Accelerated U.S. Equity ETF
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $37,874,175 | | | $— | | | $37,874,175 |
Total Investments | | | $— | | | $37,874,175 | | | $— | | | $37,874,175 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,862,209 | | | $— | | | $3,862,209 |
Total Investments | | | $— | | | $3,862,209 | | | $— | | | $3,862,209 |
| | | | | | | | | | | | | |
(a)
| In accordance with ASC 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedules of Investments. |
See the Schedules of Investments for the investments detailed by industry classification.
There were no Level 3 investments for the Funds during the year or period ended October 31.
Option Contracts: In general, an option contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
BSTP, PSTP and XUSP invest primarily in FLEX Option contracts. FLEX Options are customized option contracts that trade on an exchange but provide investors with the ability to customize key contract terms like strike price, style and expiration date while achieving price discovery in competitive, transparent auctions markets and avoiding the counterparty exposure of over-the-counter options positions. Like traditional exchange-traded options, FLEX Options are guaranteed for settlement by the OCC, a market clearinghouse that guarantees performance by counterparties to certain derivatives contracts. The FLEX Options in which the Funds will invest are all European style options (options that are exercisable only on the expiration date). The FLEX Options are listed on the Chicago Board Options Exchange.
BSTP, PSTP and XUSP will purchase and sell call and put FLEX Options. In general, put options give the holder (i.e., the buyer) the right to sell an asset (or deliver the cash value of the index, in case of an index put option) and the seller (i.e., the writer) of the put has the obligation to buy the asset (or receive cash value of the index, in case of an index put option) at a certain defined price. Call options give the holder (i.e., the buyer) the right to buy an asset (or receive cash value of the index, in case of an index call option) and the seller (i.e., the writer) the obligation to sell the asset (or deliver cash value of the index, in case of an index call option) at a certain defined price.
When BSTP, PSTP and XUSP purchase an option, an amount equal to the premium paid by the Funds are recorded as an investment and is subsequently adjusted to the current value of the option purchased. If an option expires on the stipulated expiration date or if the Funds enter into a closing sale transaction, a gain or loss is realized. If a call option is exercised, the cost of the security acquired is increased by the premium paid for the call. If a put option is exercised, a gain or loss is realized from the sale of the underlying security, and the proceeds from such sale are decreased by the premium originally paid. Purchased options are non-income producing securities.
When BSTP, PSTP and XUSP write an option, an amount equal to the premium received by the Funds are recorded as a liability and is subsequently adjusted to the current value of the option written. Premiums received from writing options that expire unexercised are treated by the Funds on the expiration date as realized gain from written options. The difference between the premium and the amount paid on effecting a closing purchase transaction, including brokerage commissions, is also treated as a realized gain, or if the premium is less than the amount paid for the closing purchase transaction, as a realized loss. If a call option is exercised, the premium is added to the proceeds from the sale of the underlying security in determining whether the Funds have realized a gain or loss. If a put option is exercised, the premium reduces the cost basis of the securities purchased by the Funds. BSTP, PSTP and XUSP, as writers of an option, bear the market risk of an unfavorable change in the price of the security underlying the written option.
All of the FLEX Option contracts held by BSTP, PSTP and XUSP are fully funded and cash settled, therefore balance sheet offsetting under U.S. GAAP does not apply.
BSTP, PSTP and XUSP bear the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Funds could suffer significant losses. Additionally, FLEX Options may be less liquid than certain other securities such as standardized options. In less liquid market for the FLEX Options, the Funds may have difficulty closing out certain FLEX Options positions at desired times and prices. The Funds may experience substantial downside from specific FLEX Option positions and certain FLEX Option positions may expire worthless. The value of the underlying FLEX Options will be affected by, among others, changes in the value of the exchange, changes in interest rates, changes in the actual and implied volatility of the Index and the remaining time to until the FLEX Options expire. The value of the FLEX Options does not increase or decrease at the same rate as the level of the Index (although they generally move in the same direction). However, as a FLEX Option approaches its expiration date, its value typically increasingly moves with the value of the Index.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
The value of derivative instruments on the Statements of Assets and Liabilities for the Funds as of October 31, 2024 are as follows:
| | | | |
BSTP | | | $66,779,400 | | | $2,686,129 |
SFLR | | | 6,813,504 | | | 184,362 |
QHDG | | | 113,958 | | | 64,584 |
QFLR | | | 4,117,846 | | | 176,470 |
PSTP | | | 100,366,196 | | | 3,927,941 |
RFLR | | | 95,854 | | | 6,658 |
XUSP | | | 37,874,175 | | | 3,862,209 |
| | | | | | | |
The effect of derivative instruments on the Statements of Operations for the period ended October 31, 2024:
| | | | |
BSTP | | | $3,091,377 | | | $9,137,039 | | | $(1,218,919) | | | $967,567 |
SFLR | | | (2,374,596) | | | — | | | (11,021,872) | | | — |
QHDG | | | (38,188) | | | — | | | 11,875 | | | 15,928 |
QFLR | | | (611,505) | | | — | | | (3,739,192) | | | — |
PSTP | | | 12,988,831 | | | 7,770,710 | | | (5,096,317) | | | 182,806 |
RFLR | | | 2,036 | | | — | | | 35,415 | | | — |
XUSP | | | 739,455 | | | 10,782,213 | | | (2,772,067) | | | (220,086) |
| | | | | | | | | | | | | |
(a)
| Amount is included in realized gain/(loss) on investments on the Statement of Operations. |
(b)
| Amount is included in realized gain/(loss) in-kind on the Statements of Operations. |
| | | | |
BSTP | | | $(364,963) | | | $56,865 |
SFLR | | | (2,526,882) | | | 1,070,180 |
QHDG | | | (780) | | | 39,571 |
QFLR | | | (1,292,779) | | | 640,711 |
PSTP | | | (590,816) | | | 184,147 |
RFLR | | | (12,239) | | | 12,257 |
XUSP | | | 802,070 | | | (1,181,295) |
| | | | | | | |
(c)
| Amount is included in the change in unrealized appreciation/(depreciation) on investments on the Statements of Operations. |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
The average volume of derivative activity during the year or period ended October 31, 2024, is as follows:
| | | | | | | |
BSTP | | | $56,989,006 | | | $(1,974,205) |
SFLR | | | 2,657,978 | | | (410,850) |
QHDG | | | 72,264 | | | (50,767) |
QFLR | | | 1,963,444 | | | (240,266) |
PSTP | | | 89,355,099 | | | (3,476,386) |
RFLR | | | 78,522 | | | (8,551) |
XUSP | | | 26,969,968 | | | (3,109,450) |
| | | | | | | |
Use of Estimates: In preparing financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from these estimates.
Guarantees and Indemnifications: In the normal course of business, the Trust may enter into a contract with service providers that contain general indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims against the Trust that have not yet occurred. Based on experience, the Trust expects the risk of loss to be remote.
Tax Information: The Funds are treated as separate entities for federal income tax purposes. The Funds intend to qualify as regulated investment companies (“RICs”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). To qualify and remain eligible for the special tax treatment accorded to RICs, the Funds must meet certain annual income and quarterly asset diversification requirements and must distribute annually at least 90% of the sum of (i) its investment company taxable income (which includes dividends, interest and net short-term capital gains) and (ii) certain net tax-exempt income, if any. If so qualified, the Funds will not be subject to federal income tax to the extent the Funds distribute all of their net investment income and capital gains to shareholders.
Management evaluates the Funds’ tax positions to determine if the tax positions taken meet the minimum recognition threshold in connection with accounting for uncertainties in income tax positions taken or expected to be taken for the purposes of measuring and recognizing tax liabilities in the financial statements. Tax benefits associated with an uncertain tax position can be recognized only when the position is “more likely than not” to be sustained assuming examination by taxing authorities. Interest and penalties related to income taxes would be recorded as tax expense in the Statements of Operations. During the year or period ended October 31, 2024, the Funds did not incur any interest or penalties. The Funds’ federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. As of October 31, 2024, the Funds did not have a liability for any unrecognized tax benefits. As of October 31, 2024, the Funds have no examinations in progress and management is not aware of any tax positions for which it is reasonably possible that the amounts of unrecognized tax benefits will significantly change in the next twelve months.
U.S. GAAP requires that certain components of net assets be reclassified between distributable earnings/(accumulated deficit) and additional paid-in capital. These reclassifications have no effect on net assets or net
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Notes to Financial Statements
October 31, 2024(Continued)
asset value per share. For the year or period ended October 31, 2024, the Funds made the following permanent book-to-tax reclassifications primarily related to net operating loss forfeitures and redemptions in kind:
| | | | | | | |
BSTP | | | $(9,772,189) | | | $9,772,189 |
LOUP | | | (886,949) | | | 886,949 |
SFLR | | | (10,435,007) | | | 10,435,007 |
IGTR | | | (14,780,080) | | | 14,780,080 |
QHDG | | | (98,374) | | | 98,374 |
FFTY | | | (3,573,455) | | | 3,573,455 |
BOUT | | | (91,559) | | | 91,559 |
BUFB | | | (2,085,992) | | | 2,085,992 |
BUFF | | | (21,634,185) | | | 21,634,185 |
QFLR | | | (2,014,111) | | | 2,014,111 |
PSTP | | | (7,341,937) | | | 7,341,937 |
EPRF | | | (770,846) | | | 770,846 |
RFLR | | | — | | | — |
XUSP | | | (10,048,927) | | | 10,048,927 |
| | | | | | | |
Distributions to Shareholders: Distributions to shareholders are recorded on the ex-dividend date. FFTY, BOUT, LOUP, BUFF, BUFB, BSTP, PSTP, XUSP and IGTR intend to pay out dividends from their net investment income, if any, annually. EPRF, SFLR, QFLR, RFLR and QHDG intend to pay out dividends from its net investment income, if any, monthly and quarterly, respectively. Distributions of net realized capital gains, if any, will be declared and paid at least annually by the Funds. The Funds may periodically make reclassifications among certain of its capital accounts as a result of the recognition and characterization of certain income and capital gain distributions determined annually in accordance with federal tax regulations which may differ from U.S. GAAP. Distributions that exceed earnings and profits for tax purposes are reported as a return of capital.
Investment Transactions and Investment Income: Investment transactions are recorded on the trade date. The Trust determines the gain or loss realized from investment transactions on the basis of identified cost. Dividend income, if any, is recognized on the ex-dividend date or, in the case of foreign securities, as soon as the Funds are informed of the ex-dividend dates. Interest income, including accretion of discounts and amortization of premiums is recognized on an accrual basis using the effective yield method.
Distributions received from investments in master limited partnerships (“MLPs”), closed-end funds, real estate investment trusts (“REITs”) and royalty trusts are comprised of ordinary income, capital gains and return of capital. For financial statement purposes, estimates are used to characterize these distributions received as return of capital, capital gains or ordinary income. Such estimates are based on historical information available from each MLP, closed-end fund, REIT or royalty trust and other industry sources. These estimates may subsequently be revised and reflected on the Form 1099 received by shareholders based on information received for the security after its tax reporting periods are concluded, as the actual character of these distributions is not known until after the fiscal year end. The distributions received from MLPs, REITs, closed-end funds, and royalty trust securities that have been classified as income and capital gains are included in dividend income and net realized gain/(loss) on investments, respectively, on the Statements of Operations. The distributions received that are classified as return of capital reduce the cost of investments on the Statements of Assets and Liabilities.
Purchases and sales of investments and dividend and interest income are translated into U.S. dollars using the spot market rates of exchange prevailing on the respective dates of such translations. The gain or loss resulting from changes in foreign exchange rates is included with net realized and unrealized gain or loss from investments, as appropriate. Foreign securities and currency transactions may involve certain considerations and risks not typically associated with those of domestic origin. Foreign securities are recorded in the financial statements after translation to U.S. dollars
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Notes to Financial Statements
October 31, 2024(Continued)
based on the applicable exchange rate at the end of the period. The Funds report certain foreign currency-related transactions as components of realized gains or losses for financial reporting purposes, whereas such components are treated as ordinary income for federal income tax purposes.
3. INVESTMENT ADVISOR AND OTHER AFFILIATES
Innovator Capital Management, LLC (the “Adviser”) acts as investment adviser to the Funds pursuant to investment advisory agreements between the Trust and the Adviser with respect to the Funds (“Advisory Agreements”) and, pursuant to the Advisory Agreements, is responsible for the day-to-day management of the Funds.
Pursuant to an investment advisory agreement between the Trust and the Adviser with respect to FFTY, FFTY pays monthly the Adviser a management fee calculated daily based on the average daily net assets of the Fund.
Pursuant to an investment advisory agreement between the Trust and the Adviser with respect to the Funds, excluding FFTY, each respective Fund pays monthly the Adviser a unitary fee calculated daily based on the average daily net assets of the Fund. During the term of the Advisory Agreement, the Adviser pays all expenses of the respective Funds, including the cost of transfer agency, custody, fund administration, legal, audit, and other services and license fees, except for the fees paid under the Advisory Agreement, interest, taxes, brokerage commissions and other expenses connected with the Execution of portfolio transactions, distribution and service fees payable pursuant to a Rule 12b-1 plan, if any, and extraordinary expenses.
Penserra Capital Management, LLC (“Penserra”), Milliman Financial Risk Management, LLC (“Milliman”), Parametric Portfolio Associates (“Parametric”), and Gradient Investments, LLC (“Gradient”)(collectively the “Sub-Advisers”) act as sub-adviser to the Funds pursuant to sub-advisory agreements between the Adviser and respective Sub-Adviser with respect to the Funds (“Sub-Advisory Agreements”) and, pursuant to the Sub-Advisory Agreements, are responsible for execution of the Sub-Adviser’s strategy for each of the Funds. The Sub-Advisers are responsible for the day-to-day management of the Fund’s portfolios. Pursuant to the Sub-Advisory Agreements between the Adviser and the respective Sub-Adviser, the Adviser pays the Sub-Advisers a fee, based on the Funds’ average daily net assets, for the services and facilities they provide payable on a monthly basis.
| | | | | | | |
BSTP | | | 0.89% | | | Milliman |
LOUP | | | 0.70% | | | Penserra |
SFLR | | | 0.89% | | | Parametric |
IGTR | | | 0.80% | | | Penserra/Gradient |
QHDG | | | 0.79% | | | Milliman |
FFTY | | | 0.70% | | | Penserra |
BOUT | | | 0.80% | | | Penserra |
BUFB | | | 0.10% | | | Penserra |
BUFF | | | 0.10% | | | Penserra |
QFLR | | | 0.89% | | | Parametric |
PSTP | | | 0.89% | | | Milliman |
EPRF | | | 0.47% | | | Penserra |
RFLR | | | 0.89% | | | Parametric |
XUSP | | | 0.79% | | | Milliman |
| | | | | | | |
Certain trustees and officers of the Trust are affiliated with the Adviser. Excluding FFTY, Trustee compensation is paid for by the Adviser.
Pursuant to the Advisory Agreement between the Trust and the Adviser with respect to BUFF and BUFB, the Adviser had agreed to waive unitary fees of 0.10% of average daily net assets of the respective Fund beginning February 9, 2022 until the waiving of unitary fees subsequently ceased March 31, 2024. The waiver was terminated by action of the Trust’s board upon 60 days written notice. Beginning April 1, 2024, BUFF and BUFB each pays monthly
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Notes to Financial Statements
October 31, 2024(Continued)
the Adviser a unitary fee calculated daily based on the average daily net assets of the Fund at the annual rate of 0.10%. The Adviser is not entitled to recoup any of the fees that it waived.
The Trust entered into an Expense Limitation Agreement on behalf of FFTY with the Adviser. Under the terms of the Expense Limitation Agreement with FFTY, the Adviser contractually agreed to waive their advisory fees and/or assume as their own expense, certain expenses otherwise payable by the Fund to the extent necessary to ensure that total annual fund operating expenses (excluding any Rule 12b-1 fees, taxes, interest, brokerage fees, acquired fund fees and expenses, expenses incurred in connection with any merger, reorganization or proxy solicitation, litigation, and other extraordinary expenses) do not exceed 0.80% of average daily net assets of FFTY until August 31, 2025. Pursuant to the terms of the Expense Limitation Agreement, Innovator is entitled to recoup any fees that it waived and/or Fund expenses that it paid for a period of three years following such fee waivers and/or expense payments. The Fund may only make such repayment to the Adviser if, after the recoupment payment has been taken into account, it does not cause the Fund’s expense ratio to exceed either the expense cap in place at the time the expenses were waived or the Fund’s current expense cap. For the year ended October 31, 2024, the Adviser waived $168,974 of their advisory fees for FFTY and recouped $6,039 of their previously waived fees. The table below indicates the amount of fees that the Adviser may recoup:
| | | | |
FFTY | | | $291,430 | | | $256,501 | | | $168,974 | | | $716,905 |
| | | | | | | | | | | | | |
*
| Recoupment expires on a rolling monthly basis three years following the respective fee waivers. |
4. INVESTMENT TRANSACTIONS
For the year or period ended October 31, 2024, the cost of purchases and proceeds from sales of investment securities, other than in-kind purchases and sales and short-term investments were as follows:
| | | | | | | |
BSTP | | | $ — | | | $— | | | $ — | | | $— |
LOUP | | | — | | | 83,082,469 | | | — | | | 82,766,472 |
SFLR | | | — | | | 22,133,690 | | | — | | | 39,478,729 |
IGTR | | | — | | | 800,790,499 | | | — | | | 804,227,089 |
QHDG | | | — | | | 3,045,735 | | | — | | | 560,376 |
FFTY | | | — | | | 1,057,784,772 | | | — | | | 1,059,289,034 |
BOUT | | | — | | | 185,778,931 | | | — | | | 185,301,494 |
BUFB | | | — | | | 4,083,896 | | | — | | | 1,822,185 |
BUFF | | | — | | | 6,857,059 | | | — | | | 3,163,859 |
QFLR | | | — | | | 24,011,543 | | | — | | | 26,422,286 |
PSTP | | | — | | | — | | | — | | | — |
EPRF | | | — | | | 35,354,937 | | | — | | | 35,446,908 |
RFLR | | | — | | | 3,157,433 | | | — | | | 732,340 |
XUSP | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | |
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Notes to Financial Statements
October 31, 2024(Continued)
For the year or period ended October 31, 2024, in-kind transactions associated with creations and redemptions were as follows:
| | | | | | | |
BSTP | | | $— | | | $261,702,157 |
LOUP | | | 10,370,709 | | | 4,479,455 |
SFLR | | | 428,765,410 | | | 63,284,450 |
IGTR | | | 59,699,114 | | | 126,351,412 |
QHDG | | | 4,993,242 | | | 1,853,442 |
FFTY | | | 15,607,292 | | | 47,325,179 |
BOUT | | | — | | | 1,728,272 |
BUFB | | | 93,153,142 | | | 10,673,302 |
BUFF | | | 226,980,324 | | | 107,349,612 |
QFLR | | | 199,269,123 | | | 9,443,524 |
PSTP | | | 4,876,482 | | | 280,245,648 |
EPRF | | | 10,510,915 | | | 15,877,524 |
RFLR | | | 1,190,897 | | | — |
XUSP | | | 2,372,054 | | | 96,554,724 |
| | | | | | | |
Net capital gains or losses resulting from in-kind redemptions are excluded for the Funds’ taxable gains and are not distributed to shareholders.
5. CREATION AND REDEMPTION TRANSACTIONS
There are an unlimited number of shares of beneficial interest (without par value) authorized by the Trust. Individual shares of the Funds may only be purchased and sold at market prices on the applicable Exchange through a broker-dealer. Such transactions may be subject to customary commission rates imposed by the broker-dealer, and market prices for the Funds’ shares may be at, above or below its NAV depending on the premium or discount at which the Funds’ shares trade.
The Funds issue and redeem shares on a continuous basis at NAV only in blocks of shares, called “Creation Units.” Creation Units are issued and redeemed for cash or in-kind for securities included in a specified universe. Once created, shares generally trade in the secondary market at market prices that change throughout the day in amounts less than a Creation Unit. Except when aggregated in Creation Units, shares are not redeemable securities of the Funds. Shares of the Funds may only be purchased or redeemed by certain financial institutions (“Authorized Participants”). An Authorized Participant is either (i) a broker-dealer or other participant in the clearing process through the Continuous Net Settlement System of the National Securities Clearing Corporation or (ii) a DTC participant and, in each case, must have executed a Participant Agreement with the Distributor. A transaction fee is applicable to each transaction regardless of the number of units purchased or sold in the transaction. Each Fund, subject to approval by the Board of Trustees, may adjust transaction fees from time to time based upon actual experience. Additional charges received by the Funds, if any, are disclosed as Transaction Fees on the Statements of Changes in Net Assets. Most retail investors do not qualify as Authorized Participants nor have the resources to buy and sell whole Creation Units. Therefore, they are unable to purchase or redeem the shares directly from the Funds. Rather, most retail investors may purchase shares in the secondary market with the assistance of a broker and are subject to customary brokerage commissions or fees.
6. SECURITIES LENDING
The Funds, excluding BSTP, PSTP and XUSP, may lend up to 331∕3% of the value of the securities in their respective portfolios to brokers, dealers and financial institutions (but not individuals) under terms of participation in a securities lending program administered by the securities lending agent. The Trust has entered into a Securities Lending Agreement (“SLA”) with U.S. Bank, N.A., the Funds’ custodian (the “Agent”). Under the terms of the SLA, the Funds may lend securities to certain broker-dealers and banks in exchange for collateral in the amount of at least 102% of the value of U.S. securities loaned or at least 105% of the value of non-U.S. securities loaned, marked to market daily. The collateral can be received in the form of cash collateral and/or non-cash collateral. Non-cash collateral can include
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INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
U.S. Government Securities and letters of credit. The cash collateral is invested in the Mount Vernon Liquid Assets Portfolio, LLC (“Mount Vernon”), as noted in the Funds’ Schedules of Investments. Mount Vernon seeks to maximize current income to the extent consistent with the preservation of capital and liquidity; and to maintain a stable NAV of $1.00. Mount Vernon has an overnight and continuous maturity. The market value of the loaned securities is determined daily at the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. The Funds continue to benefit from interest or dividends on the securities loaned and may also earn a return from the collateral. The Funds pay various fees in connection with the investment of cash collateral. The Funds pay the Agent fees based on the investment income received from securities lending activities. Although risk is mitigated by the collateral, the Funds could experience a delay in recovering their securities and possible loss of income or value if the borrower fails to return them. In the event of a borrower’s material default, the Agent shall take all actions the Agent deems appropriate to liquidate the collateral, purchase replacement securities at the Agents’ expense, or pay the Funds an amount equal to the market value of the loaned securities, subject to certain limitations.
As of October 31, 2024, the values of the securities on loan, cash collateral received, and fees and interest were as follows:
| | | | | | | | | | |
LOUP | | | $5,339,028 | | | $5,626,632 | | | $16,492 |
SFLR | | | 20,526,608 | | | 21,380,083 | | | 110,504 |
IGTR | | | 5,789,564 | | | 5,999,779 | | | 13,369 |
FFTY | | | 19,440,670 | | | 20,185,538 | | | 68,539 |
BOUT | | | 3,753,125 | | | 3,961,410 | | | 48,116 |
BUFB | | | 335,244 | | | 345,975 | | | 60,667 |
BUFF | | | 3,234,157 | | | 3,324,275 | | | 161,317 |
EPRF | | | 9,462,131 | | | 9,738,010 | | | 291,851 |
| | | | | | | | | | |
Due to the absence of a master netting agreement related to the applicable Funds’ participation in securities lending, no additional offsetting disclosures have been made on behalf of the Funds for the total borrowings listed above.
7. FEDERAL INCOME TAX INFORMATION
At October 31, 2024, the cost of investments including options written and net unrealized appreciation/ (depreciation) for federal income tax purposes were as follows:
| | | | | | | | | | | | | |
BSTP | | | $64,409,700 | | | $151,485 | | | $(467,914) | | | $(316,429) |
LOUP | | | 51,521,548 | | | 13,159,449 | | | (1,982,308) | | | 11,177,141 |
SFLR | | | 481,145,681 | | | 52,978,949 | | | (7,171,394) | | | 45,807,555 |
IGTR | | | 166,780,742 | | | 2,029,485 | | | (11,356,245) | | | (9,326,760) |
QHDG | | | 5,691,707 | | | 156,551 | | | (141,537) | | | 15,014 |
FFTY | | | 78,959,913 | | | 5,942,522 | | | (2,357,523) | | | 3,584,999 |
BOUT | | | 16,013,968 | | | 928,924 | | | (193,748) | | | 735,176 |
BUFB | | | 144,613,022 | | | 19,823,782 | | | (76,161) | | | 19,747,621 |
BUFF | | | 427,215,934 | | | 58,001,362 | | | (149,122) | | | 57,852,240 |
QFLR | | | 192,128,885 | | | 18,692,914 | | | (6,602,003) | | | 12,090,911 |
PSTP | | | 96,861,140 | | | 418,576 | | | (841,461) | | | (422,885) |
EPRF | | | 123,782,108 | | | 2,705,715 | | | (9,770,117) | | | (7,064,402) |
RFLR | | | 3,634,032 | | | 182,136 | | | (90,923) | | | 91,213 |
XUSP | | | 35,375,103 | | | 41,279 | | | (1,404,416) | | | (1,363,137) |
| | | | | | | | | | | | | |
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Notes to Financial Statements
October 31, 2024(Continued)
The differences between book basis and tax basis cost on investments and net unrealized appreciation/(depreciation) are primarily attributable to wash sale loss deferrals, investments in PFICs, tax treatment of derivatives and partnership investments.
As of October 31, 2024, the components of distributable earnings/(accumulated deficit) on a tax basis were as follows:
| | | | | | | | | | | | | | | | |
BSTP | | | $(2,069,385) | | | $— | | | $— | | | $(316,429) | | | $(2,385,814) |
LOUP | | | (31,891,657) | | | — | | | — | | | 11,177,141 | | | (20,714,516) |
SFLR | | | (17,920,046) | | | — | | | — | | | 45,807,555 | | | 27,887,509 |
IGTR | | | (20,795,819) | | | — | | | 2,898,518 | | | (9,326,760) | | | (27,224,061) |
QHDG | | | (54,717) | | | — | | | — | | | 15,014 | | | (39,703) |
FFTY | | | (317,591,462) | | | — | | | 217,930 | | | 3,584,999 | | | (313,788,533) |
BOUT | | | (10,814,483) | | | — | | | — | | | 735,176 | | | (10,079,307) |
BUFB | | | (120,066) | | | — | | | — | | | 19,747,621 | | | 19,627,555 |
BUFF | | | (39,033,889) | | | — | | | — | | | 57,852,240 | | | 18,818,351 |
QFLR | | | (6,361,116) | | | — | | | — | | | 12,090,911 | | | 5,729,795 |
PSTP | | | (2,771,213) | | | — | | | — | | | (422,885) | | | (3,194,098) |
EPRF | | | (32,547,488) | | | (555,000) | | | — | | | (7,064,402) | | | (40,166,890) |
RFLR | | | (33,231) | | | — | | | 2,405 | | | 91,213 | | | 60,387 |
XUSP | | | (2,334,824) | | | — | | | — | | | (1,363,137) | | | (3,697,961) |
| | | | | | | | | | | | | | | | |
Certain qualified late year ordinary losses incurred after December 31, and within the current taxable year, are deemed to arise on the first business day of the next taxable year.
At October 31, 2024, the Funds deferred the following qualified late year ordinary losses:
| | | | |
BSTP | | | $ 421,616 |
LOUP | | | 611,546 |
SFLR | | | — |
IGTR | | | — |
QHDG | | | 1,147 |
FFTY | | | — |
BOUT | | | 22,901 |
BUFB | | | 120,066 |
BUFF | | | 446,603 |
QFLR | | | 116,895 |
PSTP | | | 637,218 |
EPRF | | | — |
RFLR | | | — |
XUSP | | | 163,588 |
| | | | |
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INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
At October 31, 2024, for federal income tax purposes, the Funds had capital loss carryforwards available to offset future capital gains for an unlimited period as indicated below:
| | | | | | | |
BSTP | | | $1,647,769 | | | $— |
LOUP | | | 21,516,977 | | | 9,762,972 |
SFLR | | | 11,115,732 | | | 6,804,314 |
IGTR | | | 20,789,728 | | | — |
QHDG | | | 53,570 | | | — |
FFTY | | | 316,891,661 | | | — |
BOUT | | | 10,788,024 | | | — |
BUFB | | | — | | | — |
BUFF | | | 38,587,286 | | | — |
QFLR | | | 4,384,954 | | | 1,859,267 |
PSTP | | | 2,133,995 | | | — |
EPRF | | | 9,021,698 | | | 23,493,315 |
RFLR | | | 28,536 | | | — |
XUSP | | | 2,171,236 | | | — |
| | | | | | | |
To the extent that these loss carryforwards are utilized, capital gains so offset will not be distributed to shareholders. During the current tax year ended October 31, 2024, the following capital loss carryforwards available were utilized:
| | | | |
BSTP | | | $1,872,458 |
LOUP | | | 2,762,071 |
IGTR | | | 21,700,841 |
FFTY | | | 10,232,843 |
BOUT | | | 2,285,064 |
BUFB | | | 1 |
BUFF | | | 1,252 |
PSTP | | | 7,892,514 |
| | | | |
All other Funds did not utilize capital loss carryforwards during the current tax year ended October 31, 2024.
The tax character of the distributions paid by the Funds during the fiscal years or period ended October 31, 2024 and October 31, 2023 were as follows:
| | | | |
SFLR | | | $ 1,280,701 | | | $ 448,389 | | | $— | | | $ 1,729,090 |
IGTR | | | 1,616,420 | | | — | | | — | | | 1,616,420 |
FFTY | | | 551,275 | | | — | | | — | | | 551,275 |
BOUT | | | 176,880 | | | — | | | — | | | 176,880 |
QFLR | | | — | | | — | | | 28,037 | | | 28,037 |
EPRF | | | 6,351,047 | | | — | | | — | | | 6,351,047 |
| | | | | | | | | | | | | |
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October 31, 2024(Continued)
| | | | |
SFLR | | | $182,955 | | | $ — | | | $ — | | | $182,955 |
IGTR | | | 995,295 | | | — | | | — | | | 995,295 |
FFTY | | | 2,139,291 | | | — | | | — | | | 2,139,291 |
BOUT | | | 179,202 | | | — | | | — | | | 179,202 |
EPRF | | | 6,171,173 | | | — | | | — | | | 6,171,173 |
| | | | | | | | | | | | | |
All other Funds did not pay any distributions during the fiscal years ended October 31, 2024 and October 31, 2023.
8. TRANSACTIONS WITH AFFILITATES
BUFF and BUFB had the following transactions during the year ended October 31, 2024 with affiliated companies:
BUFF
| | | | | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - January | | | $24,184,896 | | | $19,158,143 | | | $8,995,529 | | | $40,342,291 | | | 973,901 | | | $ — | | | $1,937,778 | | | $4,057,003 |
Innovator U.S. Equity Power Buffer ETF - February | | | 24,256,332 | | | 19,167,663 | | | 8,913,723 | | | 40,276,143 | | | 1,116,298 | | | — | | | 1,819,539 | | | 3,946,332 |
Innovator U.S. Equity Power Buffer ETF - March | | | 24,388,455 | | | 19,678,792 | | | 9,347,660 | | | 40,111,318 | | | 1,023,509 | | | — | | | 1,923,928 | | | 3,467,803 |
Innovator U.S. Equity Power Buffer ETF - April | | | 24,357,930 | | | 19,826,087 | | | 9,700,962 | | | 39,997,046 | | | 1,115,989 | | | — | | | 1,913,258 | | | 3,600,733 |
Innovator U.S. Equity Power Buffer ETF - May | | | 24,352,697 | | | 19,145,596 | | | 9,365,991 | | | 40,222,127 | | | 1,141,539 | | | — | | | 1,374,601 | | | 4,715,224 |
Innovator U.S. Equity Power Buffer ETF - June | | | 24,418,943 | | | 19,049,425 | | | 8,806,492 | | | 40,109,672 | | | 1,090,233 | | | — | | | 1,304,090 | | | 4,143,706 |
Innovator U.S. Equity Power Buffer ETF - July | | | 24,348,294 | | | 19,138,118 | | | 9,521,595 | | | 39,931,091 | | | 992,570 | | | — | | | 2,064,602 | | | 3,901,672 |
Innovator U.S. Equity Power Buffer ETF - August | | | 24,374,240 | | | 19,285,318 | | | 10,294,820 | | | 39,953,058 | | | 1,060,044 | | | — | | | 1,959,407 | | | 4,628,913 |
Innovator U.S. Equity Power Buffer ETF - September | | | 24,367,909 | | | 19,178,482 | | | 9,139,975 | | | 39,959,973 | | | 1,043,069 | | | — | | | 1,955,188 | | | 3,598,369 |
Innovator U.S. Equity Power Buffer ETF - October | | | 24,428,663 | | | 19,861,228 | | | 8,681,791 | | | 39,841,715 | | | 1,030,034 | | | — | | | 2,117,933 | | | 2,115,682 |
Innovator U.S. Equity Power Buffer ETF - November | | | 23,960,379 | | | 20,785,446 | | | 8,543,934 | | | 40,485,708 | | | 1,090,671 | | | — | | | 1,603,375 | | | 2,680,442 |
Innovator U.S. Equity Power Buffer ETF - December | | | 23,983,254 | | | 19,563,085 | | | 9,200,998 | | | 40,513,758 | | | 1,050,668 | | | — | | | 1,779,412 | | | 4,389,005 |
Total | | | | | | | | | | | | $481,743,900 | | | | | | $— | | | $21,753,111 | | | $ 45,244,884 |
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INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
BUFB
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Innovator U.S. Equity Buffer ETF - January | | | $4,812,154 | | | $8,072,691 | | | $1,092,749 | | | $13,724,292 | | | 293,945 | | | $ — | | | $188,603 | | | $1,743,593 |
Innovator U.S. Equity Buffer ETF - February | | | 4,834,251 | | | 8,070,153 | | | 1,050,015 | | | 13,714,929 | | | 326,288 | | | — | | | 192,664 | | | 1,667,876 |
Innovator U.S. Equity Buffer ETF - March | | | 4,838,945 | | | 8,082,905 | | | 1,033,500 | | | 13,638,121 | | | 303,812 | | | — | | | 186,892 | | | 1,562,879 |
Innovator U.S. Equity Buffer ETF - April | | | 4,842,646 | | | 8,115,372 | | | 1,079,509 | | | 13,618,427 | | | 315,291 | | | — | | | 187,968 | | | 1,551,950 |
Innovator U.S. Equity Buffer ETF - May | | | 4,845,248 | | | 8,016,169 | | | 1,161,829 | | | 13,675,997 | | | 347,140 | | | — | | | 155,751 | | | 1,820,658 |
Innovator U.S. Equity Buffer ETF - June | | | 4,844,031 | | | 7,948,485 | | | 890,776 | | | 13,642,207 | | | 336,251 | | | — | | | 150,206 | | | 1,590,261 |
Innovator U.S. Equity Buffer ETF - July | | | 4,851,000 | | | 7,972,747 | | | 1,134,458 | | | 13,592,854 | | | 312,911 | | | — | | | 186,742 | | | 1,716,823 |
Innovator U.S. Equity Buffer ETF - August | | | 4,846,891 | | | 8,015,788 | | | 1,411,809 | | | 13,619,704 | | | 319,839 | | | — | | | 178,187 | | | 1,990,647 |
Innovator U.S. Equity Buffer ETF - September | | | 4,848,635 | | | 7,953,638 | | | 966,207 | | | 13,616,760 | | | 324,732 | | | — | | | 180,660 | | | 1,600,034 |
Innovator U.S. Equity Buffer ETF - October | | | 4,858,400 | | | 8,318,605 | | | 883,603 | | | 13,601,877 | | | 322,243 | | | — | | | 177,958 | | | 1,130,517 |
Innovator U.S. Equity Buffer ETF - November | | | 4,805,954 | | | 8,538,500 | | | 871,898 | | | 13,797,068 | | | 359,814 | | | — | | | 148,091 | | | 1,176,421 |
Innovator U.S. Equity Buffer ETF - December | | | 4,822,611 | | | 8,131,986 | | | 919,134 | | | 13,772,432 | | | 318,156 | | | — | | | 174,665 | | | 1,562,304 |
Total | | | | | | | | | | | | $164,014,668 | | | | | | $— | | | $2,108,387 | | | $ 19,113,963 |
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9. SUBSEQUENT EVENT
Management has evaluated the impact of all subsequent events of the Funds through the date of the financial statements were issued, and has determined that there were no subsequent events requiring recognition or disclosure in the financial statements.
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INNOVATOR ETFs TRUST
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Shareholders and Board of Trustees of Innovator ETFs Trust
Opinion on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the schedules of investments and options written, of Innovator Buffer Step-Up Strategy ETF, Innovator Deepwater Frontier Tech ETF, Innovator Equity Managed Floor ETF, Innovator Gradient Tactical Rotation Strategy ETF, Innovator Hedged Nasdaq-100 ETF, Innovator IBD® 50 ETF, Innovator IBD® Breakout Opportunities ETF, Innovator Laddered Allocation Buffer ETF, Innovator Laddered Allocation Power Buffer ETF, Innovator S&P Investment Grade Preferred ETF, Innovator Nasdaq-100 Managed Floor ETF, Innovator Power Buffer Step-Up Strategy ETF, Innovator Uncapped Accelerated U.S. Equity ETF and Innovator U.S. Small Cap Managed Floor ETF (the “Funds”), each a series of Innovator ETFs Trust, as of October 31, 2024, the related statements of operations, the statements of changes in net assets, the financial highlights, and the related notes, for each of the periods indicated below (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2024, the results of their operations, the changes in net assets, and the financial highlights for each of the periods indicated below in conformity with accounting principles generally accepted in the United States of America.
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Innovator Deepwater Frontier Tech ETF, Innovator IBD® 50 ETF, Innovator IBD® Breakout Opportunities ETF, Innovator Laddered Allocation Power Buffer ETF and Innovator S&P Investment Grade Preferred ETF | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022, 2021, and 2020 |
Innovator Laddered Allocation Buffer ETF | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023 and for the period from February 8, 2022 (commencement of operations) through October 31, 2022 |
Innovator Buffer Step-Up Strategy ETF and Innovator Power Buffer Step-Up Strategy ETF | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023 and for the period from March 7, 2022 (commencement of operations) through October 31, 2022 |
Innovator Uncapped Accelerated U.S. Equity ETF | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023 and for the period from August 10, 2022 (commencement of operations) through October 31, 2022 |
Innovator Equity Managed Floor ETF | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024 and
for the period from November 8, 2022
(commencement of operations) through
October 31, 2023 |
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INNOVATOR ETFs TRUST
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM(Continued)
| | | | | | | | | | |
Innovator Gradient Tactical Rotation Strategy ETF | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024 and
for the period from November 16, 2022
(commencement of operations) through
October 31, 2023 |
Innovator Nasdaq-100 Managed Floor ETF | | | For the period from January 24, 2024 (commencement of operations)
through October 31, 2024 |
Innovator Hedged Nasdaq-100 ETF | | | For the period from August 19, 2024, (commencement of operations)
through October 31, 2024 |
Innovator U.S. Small Cap Managed Floor ETF | | | For the period from September 16, 2024 (commencement of operations) through October 31, 2024 |
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Basis for Opinion
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of October 31, 2024, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
We have served as the auditor of one or more of Innovator Capital Management, LLC’s investment companies since 2017.
COHEN & COMPANY, LTD.
Milwaukee, Wisconsin
December 27, 2024
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUNDS:
Innovator IBD® 50 ETF
Innovator IBD® Breakout Opportunities ETF
Innovator Deepwater Frontier Tech ETF
Innovator S&P Investment Grade Preferred ETF
Innovator Laddered Allocation Power Buffer ETF
Innovator Laddered Allocation Buffer ETF
Innovator Gradient Tactical Rotation Strategy ETF
Innovator Nasdaq-100 Managed Floor
Innovator Equity Managed Floor
Innovator Buffer Step-Up Strategy ETF
Innovator Power Buffer Step-Up Strategy ETF
Innovator Uncapped Accelerated U.S. Equity ETF
At a quarterly Board meeting held on June 13, 2024, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator IBD® 50 ETF, Innovator IBD® Breakout Opportunities ETF, Innovator Deepwater Frontier Tech ETF, Innovator S&P Investment Grade Preferred ETF, Innovator Laddered Allocation Power Buffer ETF, Innovator Laddered Allocation Buffer ETF, Innovator Gradient Tactical Rotation Strategy ETF, Innovator Nasdaq-100 Managed Floor, Innovator Equity Managed Floor, Innovator Buffer Step-Up Strategy ETF, Innovator Power Buffer Step-Up Strategy ETF, and Innovator Uncapped Accelerated U.S. Equity ETF (the “Funds”), and the Sub-Advisory Agreements among the Trust, on behalf of the Funds, the Adviser, Penserra Capital Management LLC (“Penserra”), Milliman Financial Risk Management LLC (“Milliman”), Gradient Investments, LLC (“Gradient”), and Parametric Portfolio Associates (“Parametric”) (collectively the “Sub–Advisers”), for an additional year term. The Board determined that the agreements were in the best interests of the Funds in light of the extent and quality of the services provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Advisers in advance of the meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services provided by the Adviser and the Sub-Advisers to the Funds (including the relevant personnel responsible for these services and their experience); the unitary fee rate or management fee rate payable by each Fund as compared to fees charged to peer groups of the Funds and as compared to fees charged to other clients of the Adviser and the Sub-Advisers, including other ETFs managed by the Adviser and the Sub-Advisers; the expenses of the Funds as compared to expense ratios of the funds in the respective Fund’s peer group; the nature of the expenses incurred in providing services to the Funds and the potential for economies of scale, if any; financial data on the Adviser and the Sub- Advisers; any fall-out benefits accruing to the Adviser or the Sub-Advisers; and information on the Adviser’s and the Sub-Advisers’ compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Advisers. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Advisers are reasonable business arrangements from each Fund’s perspective as well as from the perspective of each Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services provided by the Adviser and Sub–Advisers pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser is responsible for the overall
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
management and administration of the Funds and reviewed all of the services provided by the Adviser to the Funds, including oversight of Penserra, Milliman, Gradient, and Parametric, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser oversees Penserra’s, Milliman’s, Gradient’s, and Parametric’s day-to-day management of each of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Penserra’s, Milliman’s, Gradient’s, Parametric’s, and each Fund’s compliance with the 1940 Act, as well as each Fund’s compliance with its investment objective and policies. With respect to the sub-advisory agreements, the Board reviewed the materials provided by the Sub–Advisers and noted the background and experience of Penserra’s, Milliman’s, Gradient’s, and Parametric’s portfolio management teams and each Sub–Adviser’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services provided to the Funds by the Adviser, Penserra, Milliman, Gradient, and Parametric under the agreements were satisfactory.
The Board considered the historical investment performance of each of the Funds for the respective one-, three- and five-year periods ended March 31, 2024 including NAV, market and respective index returns.
The Board reviewed the annual tracking error (NAV return to index return) for each of the applicable Funds that track an index.
The Adviser noted that index tracking error may be most impacted by index methodologies which rebalance frequently, and many indexes rebalance their constituents annually or quarterly, whereas, notably, Innovator IBD 50® ETF rebalances weekly. The Adviser further explained that more frequent rebalancing activity may generally result in greater tracking error of the ETF to an index, as portfolio turnover may take greater time for managing execution and price sensitivity. It was further noted that frequent rebalances also increase trading costs, including in connection with custom baskets, and cash drag may be amplified as compared to the index performance.
The Adviser explained that these factors which may contribute to higher tracking error may also apply to LOUP and IGTR which includes international holdings. The Adviser noted that in those instances where selecting an ADR over direct listed exposures from harder-to-access markets may demonstrate divergence in performance, and as an optimized portfolio LOUP and IGTR may also be more sensitive to diverge from the underlying index when excluding one position in favor of another. In addition, it was noted that ETFs which hold preferred securities, such as EPRF, tend to have slightly larger tracking error.
The Board considered the unitary fee rate or management fee rate, as applicable, paid by each Fund under the investment management agreement for the services provided.
The Board noted that except for Innovator IBD 50® ETF, the Adviser is responsible for the Funds’ expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Funds showing the advisory fee rates and expense ratios of the funds comprising of each Fund’s peer group, as well as advisory fee rates charged by the Adviser, Penserra, Milliman, Gradient, and Parametric to other funds (including ETFs) and non-fund clients, as applicable.
In light of the information considered and the nature, extent and quality of the services provided to the Funds under the agreements, the Board determined that the unitary fee or management fee for each of the Funds, including the fee rate to be paid by the Adviser to the Sub–Advisers from the unitary fee or management fee, was fair.
The Board noted that the respective unitary fee or management fee for each of the Funds were structured to pass the benefits of any economies of scale on to shareholders as the respective Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the respective Funds with a unitary fee would benefit the Adviser, Penserra, Milliman, Gradient, and Parametric, but that the unitary fee structure provides a level of certainty in expenses for each of the Funds. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
The Board reviewed profitability information in connection with the Funds.
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser, Penserra, Milliman, Gradient, and Parametric. The Board concluded that the character and amount of potential fall-out benefits to the Adviser, Penserra, Milliman, Gradient, and Parametric were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Funds. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUND:
Innovator Hedged Nasdaq-100 ETF
At a quarterly Board meeting held on June 13, 2024, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator Hedged Nasdaq-100 ETF (the “Fund”), and the Sub-Advisory Agreement among the Trust, on behalf of the Fund, the Adviser, Milliman Financial Risk Management LLC (“Milliman” or the “Sub-Adviser”), for an initial two-year term. The Board determined that the agreements were in the best interests of the Fund in light of the extent and quality of the services expected to be provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services to be provided by the Adviser and the Sub-Adviser to the Fund (including the relevant personnel responsible for these services and their experience); the proposed unitary fee rate payable by the Fund as compared to fees charged to peer groups of the Fund and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub-Adviser; the estimated expenses of the Fund as compared to the expense ratios of the funds in the Fund’s peer group; the nature of the expenses to be incurred in providing services to the Fund and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from the Fund’s perspective as well as from the perspective of the Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services to be provided by the Adviser and Milliman pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser will be responsible for the overall management and administration of the Fund and reviewed all of the services to be provided by the Adviser to the Fund, including oversight of the Sub-Adviser, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser will oversee the Sub-Adviser’s day-to-day management of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services to be provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Sub-Adviser’s and the Fund’s compliance with the 1940 Act, as well as the Fund’s compliance with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by the Sub-Adviser and noted the background and experience of the Sub-Adviser’s portfolio management team and the Sub-Adviser’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services to be provided to the Fund by the Adviser and Sub-Adviser under the agreements were expected to be satisfactory.
Since the Fund had yet to commence investment operations, the Board could not consider the historical investment performance of the Fund.
The Board considered the proposed unitary fee rate payable by each Fund under the investment management agreement for the services to be provided. The Board noted that, under the unitary fee arrangement, the Fund would pay
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
the Adviser a unitary fee equal to an annual rate of 0.79% of its average daily net assets. The Board considered that, from the unitary fee of the Fund, the Adviser would pay Milliman an annual sub-advisory fee based on the Fund’s assets under management at a maximum rate of 0.12%.
The Board noted that the Adviser would be responsible for the Fund’s expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Fund showing the advisory fee rates and expense ratios of the funds comprising of the Fund’s peer group, as well as advisory fee rates charged by the Adviser and Milliman to other funds (including ETFs) and non-fund clients, as applicable. In light of the information considered and the nature, extent and quality of the services expected to be provided to the Fund under the agreements, the Board determined that the proposed unitary fee for the Fund, including the fee rate to be paid by the Adviser to Milliman from the unitary fee, was fair.
The Board noted that the proposed unitary fee for the Fund was structured to pass the benefits of any economies of scale on to shareholders as the Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the Fund would benefit the Adviser and Milliman, but that the unitary fee structure provides a level of certainty in expenses for the Fund. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
Because the Fund has not yet commenced operations and the actual asset base of the Fund has not yet been determined, the Board noted that there was no historical profitability information with respect to the Fund to be reviewed. The Board noted that it would review profitability information in connection with subsequent renewals of the agreements.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Milliman. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Milliman were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Fund. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUND:
Innovator U.S. Small Cap Managed Floor ETF
At a quarterly Board meeting held on September 5, 2024, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator U.S. Small Cap Managed Floor ETF (the “Fund”), and the Sub-Advisory Agreement among the Trust, on behalf of the Fund, the Adviser, Parametric Portfolio Associates (“Parametric” or the “Sub-Adviser”), for an initial two-year term. The Board determined that the agreements were in the best interests of the Fund in light of the extent and quality of the services expected to be provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services to be provided by the Adviser and the Sub-Adviser to the Fund (including the relevant personnel responsible for these services and their experience); the proposed unitary fee rate payable by the Fund as compared to fees charged to peer groups of the Fund and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub-Adviser; the estimated expenses of the Fund as compared to the expense ratios of the funds in the Fund’s peer group; the nature of the expenses to be incurred in providing services to the Fund and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from the Fund’s perspective as well as from the perspective of the Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services to be provided by the Adviser and Parametric pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser will be responsible for the overall management and administration of the Fund and reviewed all of the services to be provided by the Adviser to the Fund, including oversight of the Sub-Adviser, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser will oversee the Sub-Adviser’s day-to-day management of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services to be provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Sub-Adviser’s and the Fund’s compliance with the 1940 Act, as well as the Fund’s compliance with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by the Sub-Adviser and noted the background and experience of the Sub-Adviser’s portfolio management team and the Sub-Adviser’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services to be provided to the Fund by the Adviser and Sub-Adviser under the agreements were expected to be satisfactory.
Since the Fund had yet to commence investment operations, the Board could not consider the historical investment performance of the Fund.
The Board considered the proposed unitary fee rate payable by the Fund under the investment management agreement for the services to be provided. The Board noted that, under the unitary fee arrangement, the Fund would pay
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
the Adviser a unitary fee equal to an annual rate of 0.89% of its average daily net assets. The Board considered that, from the unitary fee for the Fund, the Adviser would pay Parametric an annual sub-advisory fee based on the Fund’s assets under management at a maximum rate of 0.18%.
The Board noted that the Adviser would be responsible for the Fund’s expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Fund showing the advisory fee rates and expense ratios of the funds comprising of the Fund’s peer group, as well as advisory fee rates charged by the Adviser and Parametric to other funds (including ETFs) and non-fund clients, as applicable. In light of the information considered and the nature, extent and quality of the services expected to be provided to the Fund under the agreements, the Board determined that the proposed unitary fee for the Fund, including the fee rate to be paid by the Adviser to Parametric from the unitary fee, was fair.
The Board noted that the proposed unitary fee for the Fund was structured to pass the benefits of any economies of scale on to shareholders as the Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the Fund would benefit the Adviser and Parametric, but that the unitary fee structure provides a level of certainty in expenses for the Fund. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
Because the Fund has not yet commenced operations and the actual asset base of the Fund has not yet been determined, the Board noted that there was no historical profitability information with respect to the Fund to be reviewed. The Board noted that it would review profitability information in connection with subsequent renewals of the agreements.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Parametric. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Parametric were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Fund. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
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INNOVATOR ETFs TRUST
Additional Information (Unaudited)
1. INFORMATION ABOUT PROSPECTUS
This report has been prepared for shareholders and may be distributed to others only if preceded or accompanied by a current prospectus. Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. The prospectus contains this and other information relevant to an investment in the respective Fund. Please read the Prospectus carefully before investing. A copy of the Prospectus may be obtained without charge by writing to the Trust’s Distributor, or by calling toll free at 1-800-208-5212 or visiting www.innovatoretfs.com.
2. PROXY VOTING POLICIES AND PROCEDURES
The Trust’s Proxy Voting Policies and Procedures are available without charge, upon request, by calling 1-877-386-3890 and on the SEC’s website at www.sec.gov. Information relating to how each Fund voted proxies relating to portfolio securities held during each year ended June 30 is also available on the SEC’S website at www.sec.gov.
3. INFORMATION ABOUT PORTFOLIO SECURITIES
Each Funds’ complete schedule of portfolio holdings for the first and third quarters is filed with the SEC on Form N-Q or Part F of Form N-PORT (beginning with filings after March 31, 2020). The Trust’s Form N-Q or Part F of Form N-PORT is available without charge, upon request, by calling 1-877-386-3890, or on the SEC’s website at www.sec.gov. The Trust’s Form N-Q or Part F of Form N-PORT may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.
4. HOUSEHOLD DELIVERY OF SHAREHOLDER DOCUMENTS
In order to reduce expenses, the Trust delivers one copy of an annual/semi-annual report, prospectus and/or proxy statement on behalf of two or more shareholders at a shared address (householding). If you do not wish to participate in householding, please indicate this preference on your new account application (if you are opening a new account) or call 1-877-FUND890 (877-386-3890) to change the status of your existing account. You may change your status at any time.
5. ELECTRONIC DELIVERY OF SHAREHOLDER DOCUMENTS
You may choose to receive a Fund’s prospectus and annual and semi–annual reports electronically. To sign up for electronic delivery, visit www.icsdelivery.com and select the first letter of your brokerage firm’s name. Then, select your brokerage institution from the list that follows, fill out the appropriate information and provide an e-mail address where you would like your information sent. If your brokerage firm is not listed, electronic delivery may not be available. Please contact your brokerage firm or financial adviser.
6. TAX NOTICE
For the fiscal year or period ended October 31, 2024, certain dividends paid by the Funds may be subject to a maximum tax rate of 23.8%, as provided for the Jobs and Growth Tax Relief Reconciliation Act of 2003.
The following table lists the percentages of dividend income distributed for the year or period ended October 31, 2024, that were designated as qualified dividend income under the Jobs and Growth Tax Relief Reconciliation Act of 2003 and qualify for the corporate dividends received deduction, respectively:
| | | | |
BSTP | | | 0.00% | | | 0.00% |
LOUP | | | 0.00 | | | 0.00 |
SFLR | | | 100.00 | | | 100.00 |
IGTR | | | 100.00 | | | 81.06 |
QHDG | | | 0.00 | | | 0.00 |
FFTY | | | 18.09 | | | 16.70 |
BOUT | | | 15.39 | | | 16.14 |
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INNOVATOR ETFs TRUST
Additional Information (Unaudited)(Continued)
| | | | |
BUFB | | | 0.00% | | | 0.00% |
BUFF | | | 0.00 | | | 0.00 |
QFLR | | | 0.00 | | | 0.00 |
PSTP | | | 0.00 | | | 0.00 |
EPRF | | | 71.67 | | | 70.13 |
RFLR | | | 0.00 | | | 0.00 |
XUSP | | | 0.00 | | | 0.00 |
| | | | | | | |
For the taxable year ended October 31, 2024, the Funds didn’t pay any ordinary income distributions that were designated as short-term capital gain distributions under Internal Revenue Section 871(k)2(c).
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The below information is required disclosure from Form N-CSR
Item 8. Changes in and Disagreements with Accountants for Open-End Investment Companies.
There were no changes in or disagreements with accountants during the period covered by this report.
Item 9. Proxy Disclosure for Open-End Investment Companies.
There were no matters submitted to a vote of shareholders during the period covered by this report.
Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Investment Companies.
Refer to information provided within financial statements.
Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.
Refer to information provided within financial statements.
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INVESTMENT ADVISOR
Innovator Capital Management, LLC
200 West Front Street
Wheaton, IL 60187
INVESTMENT SUB-ADVISORS
| | | |
Penserra Capital Management, LLC
4 Orinda Way, Suite 100-A
Orinda, CA 94563 | Milliman Financial Risk Management, LLC
71 South Wacker Drive, 31st Floor
Chicago, IL 60606 | |
Gradient Investments, LLC
4105 Lexington Avenue North
Arden Hills, MN 55126 | Parametric Portfolio Associates
3600 Minnesota Drive, Unit 325
Minneapolis, MN 55435 |
| | |
ADMINISTRATOR, FUND ACCOUNTANT & TRANSFER AGENT
U.S. Bancorp Fund Services, LLC
615 East Michigan Street
Milwaukee, WI 53202
DISTRIBUTOR
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
CUSTODIAN
U.S. Bank, N.A.
1555 North RiverCenter Drive, Suite 302
Milwaukee, WI 53212
LEGAL COUNSEL
Chapman and Cutler LLP
320 South Canal Street, 27th Floor
Chicago, IL 60606
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Cohen & Company, Ltd.
342 North Water Street, Suite 830
Milwaukee, WI 53202
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Directory of Funds’ Service Providers | | | Back Cover |
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Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 100.1%
|
Call Options - 96.8%
| | | | | | | | | |
iShares 20+ Year Treasury Bond ETF, Expiration: 12/31/2024; Exercise Price: $0.25(a)(b)(c) | | | $75,115,625 | | | 8,125 | | | $74,189,457 |
Put Options - 3.3%
| | | | | | | | | |
iShares 20+ Year Treasury Bond ETF, Expiration: 12/31/2024; Exercise Price: $93.19(a)(b)(c) | | | 75,115,625 | | | 8,125 | | | 2,538,249 |
TOTAL PURCHASED OPTIONS
(Cost $79,190,020) | | | | | | | | | 76,727,706 |
TOTAL INVESTMENTS - 100.1%
(Cost $79,190,020) | | | | | | | | | $76,727,706 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 50,456 |
Liabilities in Excess of Other Assets - (0.2)% | | | | | | | | | (154,049) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $76,624,113 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
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Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.1)%
| | | | | | | | | |
Call Options - (0.1)%
| | | | | | | | | |
iShares 20+ Year Treasury Bond ETF, Expiration: 12/31/2024; Exercise Price: $107.90(a)(b) | | | $(75,115,625) | | | (8,125) | | | $(105,300) |
TOTAL WRITTEN OPTIONS
(Premiums received $527,323) | | | | | | | | | $(105,300) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $76,727,706 | | | 100.1% |
Written Options | | | (105,300) | | | (0.1) |
Money Market Deposit Account | | | 50,456 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (48,749) | | | (0.1) |
| | | $76,624,113 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
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Innovator 20+ Year Treasury Bond 9 Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.3%
| | | | | | | | | |
Call Options - 97.5%
| | | | | | | | | |
iShares 20+ Year Treasury Bond ETF, Expiration: 06/30/2025; Exercise Price: $0.92(a)(b)(c) | | | $15,263,495 | | | 1,651 | | | $14,758,289 |
Put Options - 4.8%
| | | | | | | | | |
iShares 20+ Year Treasury Bond ETF, Expiration: 06/30/2025; Exercise Price: $92.12(a)(b)(c) | | | 15,263,495 | | | 1,651 | | | 723,138 |
TOTAL PURCHASED OPTIONS
(Cost $15,403,022) | | | | | | | | | 15,481,427 |
TOTAL INVESTMENTS - 102.3%
(Cost $15,403,022) | | | | | | | | | $15,481,427 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 38,115 |
Liabilities in Excess of Other Assets - (2.6)% | | | | | | | | | (394,976) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $15,124,566 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
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Innovator 20+ Year Treasury Bond 9 Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.5)%
| | | | | | | | | |
Call Options - (0.6)%
| | | | | | | | | |
iShares 20+ Year Treasury Bond ETF, Expiration: 06/30/2025; Exercise Price: $114.64(a)(b) | | | $(15,263,495) | | | (1,651) | | | $(100,711) |
Put Options - (1.9)%
| | | | | | | | | |
iShares 20+ Year Treasury Bond ETF, Expiration: 06/30/2025; Exercise Price: $83.83(a)(b) | | | (15,263,495) | | | (1,651) | | | (282,321) |
TOTAL WRITTEN OPTIONS
(Premiums received $380,156) | | | | | | | | | $(383,032) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $15,481,427 | | | 102.3% |
Written Options | | | (383,032) | | | (2.5) |
Money Market Deposit Account | | | 38,115 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (11,944) | | | (0.1) |
| | | $15,124,566 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
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Innovator Defined Wealth Shield ETF
Schedule of Investments
October 31, 2024
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PURCHASED OPTIONS - 101.4%
| | | | | | | | | |
Call Options - 98.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $1.43(a)(b)(c) | | | $892,423,616 | | | 15,694 | | | $887,558,476 |
Put Options - 2.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $573.76(a)(b)(c) | | | 892,423,616 | | | 15,694 | | | 25,188,870 |
TOTAL PURCHASED OPTIONS
(Cost $918,414,647) | | | | | | | | | 912,747,346 |
TOTAL INVESTMENTS - 101.4%
(Cost $918,414,647) | | | | | | | | | $912,747,346 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 1,204,252 |
Liabilities in Excess of Other Assets - (1.5)% | | | | | | | | | (13,333,975) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $900,617,623 |
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Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
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Innovator Defined Wealth Shield ETF
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.4)%
| | | | | | | | | |
Call Options - (1.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $588.79(a)(b) | | | $(892,423,616) | | | (15,694) | | | $(10,373,734) |
Put Options - (0.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $459.01(a)(b) | | | (892,423,616) | | | (15,694) | | | (2,448,264) |
TOTAL WRITTEN OPTIONS
(Premiums received $20,170,515) | | | | | | | | | $(12,821,998) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $912,747,346 | | | 101.4% |
Written Options | | | (12,821,998) | | | (1.4) |
Money Market Deposit Account | | | 1,204,252 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (511,977) | | | (0.1) |
| | | $900,617,623 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
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Innovator Emerging Markets 10 Buffer ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.9%
| | | | | | | | | |
Call Options - 96.6%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $0.11(a)(b)(c) | | | $10,023,475 | | | 2,255 | | | $9,873,337 |
Put Options - 5.3%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $45.86(a)(b)(c) | | | 10,023,475 | | | 2,255 | | | 536,465 |
TOTAL PURCHASED OPTIONS
(Cost $10,742,440) | | | | | | | | | 10,409,802 |
TOTAL INVESTMENTS - 101.9%
(Cost $10,742,440) | | | | | | | | | $10,409,802 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 7,576 |
Liabilities in Excess of Other Assets - (2.0)% | | | | | | | | | (200,003) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $10,217,375 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
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Innovator Emerging Markets 10 Buffer ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.9)%
| | | | | | | | | |
Call Options - (0.6)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $48.09(a)(b) | | | $(10,023,475) | | | (2,255) | | | $(61,426) |
Put Options - (1.3)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $41.27(a)(b) | | | (10,023,475) | | | (2,255) | | | (131,579) |
TOTAL WRITTEN OPTIONS
(Premiums received $336,950) | | | | | | | | | $(193,005) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $10,409,802 | | | 101.9% |
Written Options | | | (193,005) | | | (1.9) |
Money Market Deposit Account | | | 7,576 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (6,998) | | | (0.1) |
| | | $10,217,375 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
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Innovator Emerging Markets Power Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.5%
| | | | | | | | | |
Call Options - 100.2%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 03/31/2025; Exercise Price: $0.41(a)(b)(c) | | | $68,297,425 | | | 15,365 | | | $66,668,735 |
Put Options - 2.3%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 03/31/2025; Exercise Price: $41.08(a)(b)(c) | | | 68,297,425 | | | 15,365 | | | 1,505,770 |
TOTAL PURCHASED OPTIONS
(Cost $65,073,029) | | | | | | | | | 68,174,505 |
TOTAL INVESTMENTS - 102.5%
(Cost $65,073,029) | | | | | | | | | $68,174,505 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 125,181 |
Liabilities in Excess of Other Assets - (2.7)% | | | | | | | | | (1,802,952) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $66,496,734 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
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Innovator Emerging Markets Power Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.6)%
| | | | | | | | | |
Call Options - (1.9)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 03/31/2025; Exercise Price: $47.91(a)(b) | | | $(68,297,425) | | | (15,365) | | | $(1,306,025) |
Put Options - (0.7)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 03/31/2025; Exercise Price: $34.92(a)(b) | | | (68,297,425) | | | (15,365) | | | (445,585) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,403,146) | | | | | | | | | $(1,751,610) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $68,174,505 | | | 102.5% |
Written Options | | | (1,751,610) | | | (2.6) |
Money Market Deposit Account | | | 125,181 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (51,342) | | | (0.1) |
| | | $66,496,734 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Emerging Markets Power Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.2%
| | | | | | | | | |
Call Options - 100.3%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $0.40(a)(b)(c) | | | $131,336,415 | | | 29,547 | | | $128,519,995 |
Put Options - 0.9%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $40.21(a)(b)(c) | | | 131,336,415 | | | 29,547 | | | 1,247,770 |
TOTAL PURCHASED OPTIONS
(Cost $122,936,376) | | | | | | | | | 129,767,765 |
TOTAL INVESTMENTS - 101.2%
(Cost $122,936,376) | | | | | | | | | $129,767,765 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 225,290 |
Liabilities in Excess of Other Assets - (1.4)% | | | | | | | | | (1,845,438) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $128,147,617 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Emerging Markets Power Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.4)%
| | | | | | | | | |
Call Options - (1.2)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $46.88(a)(b) | | | $(131,336,415) | | | (29,547) | | | $(1,471,145) |
Put Options - (0.2)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 12/31/2024; Exercise Price: $34.18(a)(b) | | | (131,336,415) | | | (29,547) | | | (275,378) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,564,178) | | | | | | | | | $(1,746,523) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $129,767,765 | | | 101.2% |
Written Options | | | (1,746,523) | | | (1.4) |
Money Market Deposit Account | | | 225,290 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (98,915) | | | 0.0 |
| | | $128,147,617 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Emerging Markets Power Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.6%
| | | | | | | | | |
Call Options - 99.5%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 06/30/2025; Exercise Price: $0.43(a)(b)(c) | | | $88,988,900 | | | 20,020 | | | $86,446,360 |
Put Options - 4.1%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 06/30/2025; Exercise Price: $42.59(a)(b)(c) | | | 88,988,900 | | | 20,020 | | | 3,583,580 |
TOTAL PURCHASED OPTIONS
(Cost $87,352,370) | | | | | | | | | 90,029,940 |
TOTAL INVESTMENTS - 103.6%
(Cost $87,352,370) | | | | | | | | | $90,029,940 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 169,809 |
Liabilities in Excess of Other Assets - (3.8)% | | | | | | | | | (3,303,527) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $86,896,222 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Emerging Markets Power Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.7)%
| |
Call Options - (2.3)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 06/30/2025; Exercise Price: $49.15(a)(b) | | | $(88,988,900) | | | (20,020) | | | $(2,002,000) |
Put Options - (1.4)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 06/30/2025; Exercise Price: $36.20(a)(b) | | | (88,988,900) | | | (20,020) | | | (1,241,240) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,812,190) | | | | | | | | | $(3,243,240) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $90,029,940 | | | 103.6% |
Written Options | | | (3,243,240) | | | (3.7) |
Money Market Deposit Account | | | 169,809 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (60,287) | | | (0.1) |
| | | $86,896,222 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Emerging Markets Power Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.4%
| |
Call Options - 96.9%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 09/30/2025; Exercise Price: $0.46(a)(b)(c) | | | $53,219,985 | | | 11,973 | | | $51,606,743 |
Put Options - 7.5%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 09/30/2025; Exercise Price: $45.86(a)(b)(c) | | | 53,219,985 | | | 11,973 | | | 3,990,242 |
TOTAL PURCHASED OPTIONS
(Cost $56,954,850) | | | | | | | | | 55,596,985 |
TOTAL INVESTMENTS - 104.4%
(Cost $56,954,850) | | | | | | | | | $55,596,985 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 108,739 |
Liabilities in Excess of Other Assets - (4.6)% | | | | | | | | | (2,463,523) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $53,242,201 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Emerging Markets Power Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.6)%
| |
Call Options - (1.6)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 09/30/2025; Exercise Price: $53.10(a)(b) | | | $(53,219,985) | | | (11,973) | | | $(846,132) |
Put Options - (3.0)%
| | | | | | | | | |
iShares MSCI Emerging Markets ETF, Expiration: 09/30/2025; Exercise Price: $38.98(a)(b) | | | (53,219,985) | | | (11,973) | | | (1,580,915) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,614,546) | | | | | | | | | $(2,427,047) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $55,596,985 | | | 104.4% |
Written Options | | | (2,427,047) | | | (4.6) |
Money Market Deposit Account | | | 108,739 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (36,476) | | | 0.0 |
| | | $53,242,201 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr August
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.8%
| |
Call Options - 100.1%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $5.54(a)(b)(c) | | | $82,395,936 | | | 1,449 | | | $81,277,975 |
Put Options - 3.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $550.84(a)(b)(c) | | | 82,395,936 | | | 1,449 | | | 2,994,793 |
TOTAL PURCHASED OPTIONS
(Cost $81,124,953) | | | | | | | | | 84,272,768 |
TOTAL INVESTMENTS - 103.8%
(Cost $81,124,953) | | | | | | | | | $84,272,768 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 297,477 |
Liabilities in Excess of Other Assets - (4.2)% | | | | | | | | | (3,411,601) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $81,158,644 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr August
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.1)%
| |
Call Options - (4.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $599.39(a)(b) | | | $(82,395,936) | | | (1,449) | | | $(3,357,637) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,061,025) | | | | | | | | | $(3,357,637) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $84,272,768 | | | 103.8% |
Written Options | | | (3,357,637) | | | (4.1) |
Money Market Deposit Account | | | 297,477 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (53,964) | | | (0.1) |
| | | $81,158,644 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.7%
|
Call Options - 100.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.51(a)(b)(c) | | | $117,765,344 | | | 2,071 | | | $116,091,645 |
Put Options - 3.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.25(a)(b)(c) | | | 117,765,344 | | | 2,071 | | | 3,719,826 |
TOTAL PURCHASED OPTIONS
(Cost $116,660,808) | | | | | | | | | 119,811,471 |
TOTAL INVESTMENTS - 103.7%
(Cost $116,660,808) | | | | | | | | | $119,811,471 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 360,609 |
Liabilities in Excess of Other Assets - (4.0)% | | | | | | | | | (4,604,980) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $115,567,100 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.9)%
|
Call Options - (3.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $595.92(a)(b) | | | $(117,765,344) | | | (2,071) | | | $(4,525,591) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,728,178) | | | | | | | | | $(4,525,591) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $119,811,471 | | | 103.7% |
Written Options | | | (4,525,591) | | | (3.9) |
Money Market Deposit Account | | | 360,609 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (79,389) | | | (0.1) |
| | | $115,567,100 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr November
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.1%
| |
Call Options - 99.0%
| | | | | | | | | |
SPDR S&P 500 ETF Trust, Expiration: 10/31/2025; Exercise Price: $5.72(a)(b)(c) | | | $1,251,008 | | | 22 | | | $1,229,382 |
Put Options - 5.1%
| | | | | | | | | |
SPDR S&P 500 ETF Trust, Expiration: 10/31/2025; Exercise Price: $568.67(a)(b)(c) | | | 1,251,008 | | | 22 | | | 63,888 |
TOTAL PURCHASED OPTIONS
(Cost $1,293,376) | | | | | | | | | 1,293,270 |
TOTAL INVESTMENTS - 104.1%
(Cost $1,293,376) | | | | | | | | | $1,293,270 |
Liabilities in Excess of Other Assets - (4.1)% | | | | | | | | | (51,309) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $1,241,961 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr November
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.3)%
| |
Call Options - (4.3)%
| | | | | | | | | |
SPDR S&P 500 ETF Trust, Expiration: 10/31/2025; Exercise Price: $611.29(a)(b) | | | $(1,251,008) | | | (22) | | | $(53,856) |
TOTAL WRITTEN OPTIONS
(Premiums received $53,802) | | | | | | | | | $(53,856) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $1,293,270 | | | 104.1% |
Written Options | | | (53,856) | | | (4.3) |
Liabilities in Excess of Other Assets | | | 2,547 | | | 0.2 |
| | | $1,241,961 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.4%
| |
Call Options - 98.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $5.81(a)(b)(c) | | | $69,374,080 | | | 1,220 | | | $68,133,340 |
Put Options - 5.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $573.79(a)(b)(c) | | | 69,374,080 | | | 1,220 | | | 3,623,400 |
TOTAL PURCHASED OPTIONS
(Cost $72,124,518) | | | | | | | | | 71,756,740 |
TOTAL INVESTMENTS - 103.4%
(Cost $72,124,518) | | | | | | | | | $71,756,740 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 221,153 |
Liabilities in Excess of Other Assets - (3.7)% | | | | | | | | | (2,576,472) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $69,401,421 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.7)%
| |
Call Options - (3.7)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $612.66(a)(b) | | | $(69,374,080) | | | (1,220) | | | $(2,548,580) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,844,507) | | | | | | | | | $(2,548,580) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $71,756,740 | | | 103.4% |
Written Options | | | (2,548,580) | | | (3.7) |
Money Market Deposit Account | | | 221,153 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (27,892) | | | (0.0) |
| | | $69,401,421 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr September
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.8%
|
Call Options - 99.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $5.67(a)(b)(c) | | | $110,600,480 | | | 1,945 | | | $109,151,669 |
Put Options - 4.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $563.71(a)(b)(c) | | | 110,600,480 | | | 1,945 | | | 4,818,368 |
TOTAL PURCHASED OPTIONS
(Cost $112,000,590) | | | | | | | | | 113,970,037 |
TOTAL INVESTMENTS - 103.8%
(Cost $112,000,590) | | | | | | | | | $113,970,037 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 311,309 |
Liabilities in Excess of Other Assets - (4.1)% | | | | | | | | | (4,457,213) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $109,824,133 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 1 Yr September
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.0)%
|
Call Options - (4.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $606.18(a)(b) | | | $(110,600,480) | | | (1,945) | | | $(4,385,508) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,416,299) | | | | | | | | | $(4,385,508) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $113,970,037 | | | 103.8% |
Written Options | | | (4,385,508) | | | (4.0) |
Money Market Deposit Account | | | 311,309 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (71,705) | | | (0.1) |
| | | $109,824,133 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to April 2026
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.7%
| |
Call Options - 101.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2026; Exercise Price: $9.42(a)(b)(c) | | | $74,719,296 | | | 1,314 | | | $72,782,933 |
Put Options - 4.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2026; Exercise Price: $523.07(a)(b)(c) | | | 74,719,296 | | | 1,314 | | | 2,967,800 |
TOTAL PURCHASED OPTIONS
(Cost $70,753,212) | | | | | | | | | 75,750,733 |
TOTAL INVESTMENTS - 105.7%
(Cost $70,753,212) | | | | | | | | | $75,750,733 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 314,928 |
Liabilities in Excess of Other Assets - (6.1)% | | | | | | | | | (4,342,207) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $71,723,454 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to April 2026
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (6.0)%
|
Call Options - (6.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2026; Exercise Price: $617.22(a)(b) | | | $(74,719,296) | | | (1,314) | | | $(4,295,992) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,730,571) | | | | | | | | | $(4,295,992) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $75,750,733 | | | 105.7% |
Written Options | | | (4,295,992) | | | (6.0) |
Money Market Deposit Account | | | 314,928 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (46,215) | | | (0.1) |
| | | $71,723,454 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to January 2026
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 113.0%
| |
Call Options - 110.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2025; Exercise Price: $8.56(a)(b)(c) | | | $67,554,432 | | | 1,188 | | | $66,016,150 |
Put Options - 2.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2025; Exercise Price: $475.31(a)(b)(c) | | | 67,554,432 | | | 1,188 | | | 1,528,766 |
TOTAL PURCHASED OPTIONS
(Cost $60,549,724) | | | | | | | | | 67,544,916 |
TOTAL INVESTMENTS - 113.0%
(Cost $60,549,724) | | | | | | | | | $67,544,916 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 246,033 |
Liabilities in Excess of Other Assets - (13.4)% | | | | | | | | | (8,028,495) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $59,762,454 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to January 2026
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (13.4)%
| |
Call Options - (13.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2025; Exercise Price: $550.46(a)(b) | | | $(67,554,432) | | | (1,188) | | | $(7,992,947) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,445,710) | | | | | | | | | $(7,992,947) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $67,544,916 | | | 113.0% |
Written Options | | | (7,992,947) | | | (13.4) |
Money Market Deposit Account | | | 246,033 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (35,548) | | | 0.0 |
| | | $59,762,454 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to July 2025
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 113.8%
| |
Call Options - 112.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $8.12(a)(b)(c) | | | $245,083,840 | | | 4,310 | | | $240,510,628 |
Put Options - 1.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $450.84(a)(b)(c) | | | 245,083,840 | | | 4,310 | | | 2,605,395 |
TOTAL PURCHASED OPTIONS
(Cost $212,266,903) | | | | | | | | | 243,116,023 |
TOTAL INVESTMENTS - 113.8%
(Cost $212,266,903) | | | | | | | | | $243,116,023 |
Money Market Deposit Account - 0.5%(d) | | | | | | | | | 1,004,021 |
Liabilities in Excess of Other Assets - (14.3)% | | | | | | | | | (30,526,808) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $213,593,236 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to July 2025
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (14.2)%
| |
Call Options - (14.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $525.81(a)(b) | | | $(245,083,840) | | | (4,310) | | | $(30,386,836) |
TOTAL WRITTEN OPTIONS
(Premiums received $7,430,731) | | | | | | | | | $(30,386,836) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $243,116,023 | | | 113.8% |
Written Options | | | (30,386,836) | | | (14.2) |
Money Market Deposit Account | | | 1,004,021 | | | 0.5 |
Liabilities in Excess of Other Assets | | | (139,972) | | | (0.1) |
| | | $213,593,236 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to July 2026
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.5%
| |
Call Options - 99.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2026; Exercise Price: $9.80(a)(b)(c) | | | $70,795,680 | | | 1,245 | | | $68,799,011 |
Put Options - 5.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2026; Exercise Price: $544.22(a)(b)(c) | | | 70,795,680 | | | 1,245 | | | 3,642,148 |
TOTAL PURCHASED OPTIONS
(Cost $69,520,341) | | | | | | | | | 72,441,159 |
TOTAL INVESTMENTS - 104.5%
(Cost $69,520,341) | | | | | | | | | $72,441,159 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 309,451 |
Liabilities in Excess of Other Assets - (4.9)% | | | | | | | | | (3,400,991) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $69,349,619 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to July 2026
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.8)%
| |
Call Options - (4.8)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2026; Exercise Price: $643.27(a)(b) | | | $(70,795,680) | | | (1,245) | | | $(3,354,266) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,881,236) | | | | | | | | | $(3,354,266) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $72,441,159 | | | 104.5% |
Written Options | | | (3,354,266) | | | (4.8) |
Money Market Deposit Account | | | 309,451 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (46,725) | | | (0.1) |
| | | $69,349,619 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to October 2026
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.1%
|
Call Options - 98.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2026; Exercise Price: $10.33(a)(b)(c) | | | $55,612,992 | | | 978 | | | $53,914,862 |
Put Options - 6.9%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2026; Exercise Price: $573.76(a)(b)(c) | | | 55,612,992 | | | 978 | | | 3,811,568 |
TOTAL PURCHASED OPTIONS
(Cost $58,064,378) | | | | | | | | | 57,726,430 |
TOTAL INVESTMENTS - 105.1%
(Cost $58,064,378) | | | | | | | | | $57,726,430 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 227,080 |
Liabilities in Excess of Other Assets - (5.5)% | | | | | | | | | (3,044,311) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $54,909,199 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 2 Yr to October 2026
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.5)%
|
Call Options - (5.5)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2026; Exercise Price: $648.12(a)(b) | | | $(55,612,992) | | | (978) | | | $(3,019,076) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,114,035) | | | | | | | | | $(3,019,076) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $57,726,430 | | | 105.1% |
Written Options | | | (3,019,076) | | | (5.5) |
Money Market Deposit Account | | | 227,080 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (25,235) | | | 0.0 |
| | | $54,909,199 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.0%
|
Call Options - 98.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $2.87(a)(b)(c) | | | $75,003,616 | | | 1,319 | | | $74,328,288 |
Put Options - 3.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $573.76(a)(b)(c) | | | 75,003,616 | | | 1,319 | | | 2,816,065 |
TOTAL PURCHASED OPTIONS
(Cost $77,404,049) | | | | | | | | | 77,144,353 |
TOTAL INVESTMENTS - 102.0%
(Cost $77,404,049) | | | | | | | | | $77,144,353 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 196,446 |
Liabilities in Excess of Other Assets - (2.3)% | | | | | | | | | (1,774,321) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $75,566,478 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.3)%
|
Call Options - (2.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $595.56(a)(b) | | | $(75,003,616) | | | (1,319) | | | $(1,741,080) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,108,607) | | | | | | | | | $(1,741,080) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $77,144,353 | | | 102.0% |
Written Options | | | (1,741,080) | | | (2.3) |
Money Market Deposit Account | | | 196,446 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (33,241) | | | 0.0 |
| | | $75,566,478 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.7%
|
Call Options - 101.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $2.72(a)(b)(c) | | | $156,546,592 | | | 2,753 | | | $155,508,299 |
Put Options - 1.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $544.22(a)(b)(c) | | | 156,546,592 | | | 2,753 | | | 2,175,723 |
TOTAL PURCHASED OPTIONS
(Cost $154,144,171) | | | | | | | | | 157,684,022 |
TOTAL INVESTMENTS - 102.7%
(Cost $154,144,171) | | | | | | | | | $157,684,022 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 446,581 |
Liabilities in Excess of Other Assets - (3.0)% | | | | | | | | | (4,523,076) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $153,607,527 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.9)%
|
Call Options - (2.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $571.43(a)(b) | | | $(156,546,592) | | | (2,753) | | | $(4,417,959) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,532,873) | | | | | | | | | $(4,417,959) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $157,684,022 | | | 102.7% |
Written Options | | | (4,417,959) | | | (2.9) |
Money Market Deposit Account | | | 446,581 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (105,117) | | | (0.1) |
| | | $153,607,527 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.7%
|
Call Options - 102.7%
| | | | | | | | | |
Invesco QQQ Trust Series 1(a)(b)(c)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $1.22 | | | $34,111,425 | | | 705 | | | $33,991,434 |
Expiration: 12/31/2024; Exercise Price: $488.07 | | | 34,111,425 | | | 705 | | | 1,191,414 |
TOTAL PURCHASED OPTIONS
(Cost $35,869,743) | | | | | | | | | 35,182,848 |
TOTAL INVESTMENTS - 102.7%
(Cost $35,869,743) | | | | | | | | | $35,182,848 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 32,132 |
Liabilities in Excess of Other Assets - (2.8)% | | | | | | | | | (974,324) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $34,240,656 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.8)%
|
Call Options - (2.8)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $510.03(a)(b) | | | $(68,222,850) | | | (1,410) | | | $(951,130) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,531,124) | | | | | | | | | $(951,130) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $35,182,848 | | | 102.7% |
Written Options | | | (951,130) | | | (2.8) |
Money Market Deposit Account | | | 32,132 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (23,194) | | | 0.0 |
| | | $34,240,656 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated Plus ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 123.2%
|
Call Options - 123.2%
| | | | | | | | | |
Invesco QQQ Trust Series 1(a)(b)(c)
| | | | | | | | | |
Expiration: 03/31/2025; Exercise Price: $4.45 | | | $14,273,575 | | | 295 | | | $14,128,945 |
Expiration: 03/31/2025; Exercise Price: $444.02 | | | 28,547,150 | | | 590 | | | 3,531,280 |
TOTAL PURCHASED OPTIONS
(Cost $15,924,806) | | | | | | | | | 17,660,225 |
TOTAL INVESTMENTS - 123.2%
(Cost $15,924,806) | | | | | | | | | $17,660,225 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 38,038 |
Liabilities in Excess of Other Assets - (23.5)% | | | | | | | | | (3,368,569) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $14,329,694 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated Plus ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (23.4)%
|
Call Options - (23.4)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $473.89(a)(b) | | | $(42,820,725) | | | (885) | | | $(3,359,292) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,792,961) | | | | | | | | | $(3,359,292) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $17,660,225 | | | 123.2% |
Written Options | | | (3,359,292) | | | (23.4) |
Money Market Deposit Account | | | 38,038 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (9,277) | | | (0.1) |
| | | $14,329,694 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated Plus ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 135.4%
|
Call Options - 135.4%
| | | | | | | | | |
Invesco QQQ Trust Series 1(a)(b)(c)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $4.11 | | | $29,466,465 | | | 609 | | | $29,188,310 |
Expiration: 12/31/2024; Exercise Price: $409.52 | | | 58,932,930 | | | 1,218 | | | 9,726,644 |
TOTAL PURCHASED OPTIONS
(Cost $30,843,508) | | | | | | | | | 38,914,954 |
TOTAL INVESTMENTS - 135.4%
(Cost $30,843,508) | | | | | | | | | $38,914,954 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 59,523 |
Liabilities in Excess of Other Assets - (35.6)% | | | | | | | | | (10,236,697) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $28,737,780 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated Plus ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (35.6)%
|
Call Options - (35.6)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $435.93(a)(b) | | | $(88,399,395) | | | (1,827) | | | $(10,217,936) |
TOTAL WRITTEN OPTIONS
(Premiums received $5,299,738) | | | | | | | | | $(10,217,936) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $38,914,954 | | | 135.4% |
Written Options | | | (10,217,936) | | | (35.6) |
Money Market Deposit Account | | | 59,523 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (18,761) | | | 0.0 |
| | | $28,737,780 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated Plus ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 116.2%
|
Call Options - 116.2%
| | | | | | | | | |
Invesco QQQ Trust Series 1(a)(b)(c)
| | | | | | | | | |
Expiration: 06/30/2025; Exercise Price: $4.81 | | | $16,837,980 | | | 348 | | | $16,643,706 |
Expiration: 06/30/2025; Exercise Price: $479.11 | | | 33,675,960 | | | 696 | | | 3,075,387 |
TOTAL PURCHASED OPTIONS
(Cost $19,858,889) | | | | | | | | | 19,719,093 |
TOTAL INVESTMENTS - 116.2%
(Cost $19,858,889) | | | | | | | | | $19,719,093 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 35,328 |
Liabilities in Excess of Other Assets - (16.4)% | | | | | | | | | (2,786,188) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $16,968,233 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated Plus ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (16.4)%
|
Call Options - (16.4)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $510.20(a)(b) | | | $(50,513,940) | | | (1,044) | | | $(2,775,046) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,172,206) | | | | | | | | | $(2,775,046) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $19,719,093 | | | 116.2% |
Written Options | | | (2,775,046) | | | (16.4) |
Money Market Deposit Account | | | 35,328 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (11,142) | | | 0.0 |
| | | $16,968,233 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated Plus ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 118.4%
|
Call Options - 118.4%
| | | | | | | | | |
Invesco QQQ Trust Series 1(a)(b)(c)
| | | | | | | | | |
Expiration: 09/30/2025; Exercise Price: $4.90 | | | $8,370,605 | | | 173 | | | $8,265,295 |
Expiration: 09/30/2025; Exercise Price: $488.07 | | | 16,741,210 | | | 346 | | | 1,625,625 |
TOTAL PURCHASED OPTIONS
(Cost $10,053,240) | | | | | | | | | 9,890,920 |
TOTAL INVESTMENTS - 118.4%
(Cost $10,053,240) | | | | | | | | | $9,890,920 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 26,865 |
Liabilities in Excess of Other Assets - (18.7)% | | | | | | | | | (1,561,934) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $8,355,851 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth Accelerated Plus ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (18.6)%
|
Call Options - (18.6)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $520.14(a)(b) | | | $(25,111,815) | | | (519) | | | $(1,556,865) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,691,918) | | | | | | | | | $(1,556,865) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $9,890,920 | | | 118.4% |
Written Options | | | (1,556,865) | | | (18.6) |
Money Market Deposit Account | | | 26,865 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (5,069) | | | (0.1) |
| | | $8,355,851 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.6%
|
Call Options - 101.1%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $4.44(a)(b)(c) | | | $198,717,195 | | | 4,107 | | | $196,707,681 |
Put Options - 2.5%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $444.01(a)(b)(c) | | | 198,717,195 | | | 4,107 | | | 4,874,146 |
TOTAL PURCHASED OPTIONS
(Cost $190,710,025) | | | | | | | | | 201,581,827 |
TOTAL INVESTMENTS - 103.6%
(Cost $190,710,025) | | | | | | | | | $201,581,827 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 623,939 |
Liabilities in Excess of Other Assets - (3.9)% | | | | | | | | | (7,560,204) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $194,645,562 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.8)%
|
Call Options - (3.0)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $517.85(a)(b) | | | $(198,717,195) | | | (4,107) | | | $(5,782,861) |
Put Options - (0.8)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 03/31/2025; Exercise Price: $377.41(a)(b) | | | (198,717,195) | | | (4,107) | | | (1,647,359) |
TOTAL WRITTEN OPTIONS
(Premiums received $9,552,836) | | | | | | | | | $(7,430,220) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $201,581,827 | | | 103.6% |
Written Options | | | (7,430,220) | | | (3.8) |
Money Market Deposit Account | | | 623,939 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (129,984) | | | (0.1) |
| | | $194,645,562 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - August
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.7%
|
Call Options - 99.6%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 07/31/2025; Exercise Price: $4.71(a)(b)(c) | | | $16,934,750 | | | 350 | | | $16,746,468 |
Put Options - 5.1%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 07/31/2025; Exercise Price: $471.07(a)(b)(c) | | | 16,934,750 | | | 350 | | | 860,219 |
TOTAL PURCHASED OPTIONS
(Cost $17,094,484) | | | | | | | | | 17,606,687 |
TOTAL INVESTMENTS - 104.7%
(Cost $17,094,484) | | | | | | | | | $17,606,687 |
Money Market Deposit Account - 0.5%(d) | | | | | | | | | 80,610 |
Liabilities in Excess of Other Assets - (5.2)% | | | | | | | | | (882,168) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $16,805,129 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - August
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.1)%
|
Call Options - (3.1)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 07/31/2025; Exercise Price: $545.31(a)(b) | | | $(16,934,750) | | | (350) | | | $(527,408) |
Put Options - (2.0)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 07/31/2025; Exercise Price: $400.41(a)(b) | | | (16,934,750) | | | (350) | | | (343,487) |
TOTAL WRITTEN OPTIONS
(Premiums received $954,127) | | | | | | | | | $(870,895) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $17,606,687 | | | 104.7% |
Written Options | | | (870,895) | | | (5.1) |
Money Market Deposit Account | | | 80,610 | | | 0.5 |
Liabilities in Excess of Other Assets | | | (11,273) | | | (0.1) |
| | | $16,805,129 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.4%
|
Call Options - 104.8%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $4.10(a)(b)(c) | | | $213,039,155 | | | 4,403 | | | $210,943,327 |
Put Options - 0.6%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $409.52(a)(b)(c) | | | 213,039,155 | | | 4,403 | | | 1,122,765 |
TOTAL PURCHASED OPTIONS
(Cost $189,700,995) | | | | | | | | | 212,066,092 |
TOTAL INVESTMENTS - 105.4%
(Cost $189,700,995) | | | | | | | | | $212,066,092 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 640,081 |
Liabilities in Excess of Other Assets - (5.7)% | | | | | | | | | (11,377,969) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $201,328,204 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.6)%
|
Call Options - (5.4)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $475.45(a)(b) | | | $(213,039,155) | | | (4,403) | | | $(10,879,813) |
Put Options - (0.2)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $348.09(a)(b) | | | (213,039,155) | | | (4,403) | | | (339,031) |
TOTAL WRITTEN OPTIONS
(Premiums received $8,922,771) | | | | | | | | | $(11,218,844) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $212,066,092 | | | 105.4% |
Written Options | | | (11,218,844) | | | (5.6) |
Money Market Deposit Account | | | 640,081 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (159,125) | | | (0.1) |
| | | $201,328,204 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.7%
| | | | | | | | | |
Call Options - 98.4%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $4.79(a)(b)(c) | | | $265,343,340 | | | 5,484 | | | $262,292,481 |
Put Options - 5.3%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $479.11(a)(b)(c) | | | 265,343,340 | | | 5,484 | | | 14,186,943 |
TOTAL PURCHASED OPTIONS
(Cost $274,643,512) | | | | | | | | | 276,479,424 |
TOTAL INVESTMENTS - 103.7%
(Cost $274,643,512) | | | | | | | | | $276,479,424 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 865,269 |
Liabilities in Excess of Other Assets - (4.0)% | | | | | | | | | (10,755,081) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $266,589,612 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.0)%
| | | | | | | | | |
Call Options - (2.0)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $556.73(a)(b) | | | $(265,343,340) | | | (5,484) | | | $(5,194,554) |
Put Options - (2.0)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 06/30/2025; Exercise Price: $407.24(a)(b) | | | (265,343,340) | | | (5,484) | | | (5,381,175) |
TOTAL WRITTEN OPTIONS
(Premiums received $13,005,344) | | | | | | | | | $(10,575,729) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $276,479,424 | | | 103.7% |
Written Options | | | (10,575,729) | | | (4.0) |
Money Market Deposit Account | | | 865,269 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (179,352) | | | 0.0 |
| | | $266,589,612 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - June
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.8%
| | | | | | | | | |
Call Options - 101.3%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 05/30/2025; Exercise Price: $4.51(a)(b)(c) | | | $27,676,220 | | | 572 | | | $27,408,170 |
Put Options - 3.5%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 05/30/2025; Exercise Price: $450.71(a)(b)(c) | | | 27,676,220 | | | 572 | | | 930,666 |
TOTAL PURCHASED OPTIONS
(Cost $27,827,394) | | | | | | | | | 28,338,836 |
TOTAL INVESTMENTS - 104.8%
(Cost $27,827,394) | | | | | | | | | $28,338,836 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 114,507 |
Liabilities in Excess of Other Assets - (5.2)% | | | | | | | | | (1,401,384) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $27,051,959 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - June
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.1)%
| | | | | | | | | |
Call Options - (3.8)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 05/30/2025; Exercise Price: $523.23(a)(b) | | | $(27,676,220) | | | (572) | | | $(1,033,123) |
Put Options - (1.3)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 05/30/2025; Exercise Price: $383.10(a)(b) | | | (27,676,220) | | | (572) | | | (350,728) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,292,048) | | | | | | | | | $(1,383,851) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $28,338,836 | | | 104.8% |
Written Options | | | (1,383,851) | | | (5.1) |
Money Market Deposit Account | | | 114,507 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (17,533) | | | (0.1) |
| | | $27,051,959 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - November
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 106.1%
| | | | | | | | | |
Call Options - 99.4%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 10/31/2025; Exercise Price: $4.84(a)(b)(c) | | | $1,258,010 | | | 26 | | | $1,241,448 |
Put Options - 6.7%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 10/31/2025; Exercise Price: $483.85(a)(b)(c) | | | 1,258,010 | | | 26 | | | 84,396 |
TOTAL PURCHASED OPTIONS
(Cost $1,325,959) | | | | | | | | | 1,325,844 |
TOTAL INVESTMENTS - 106.1%
(Cost $1,325,959) | | | | | | | | | $1,325,844 |
Liabilities in Excess of Other Assets - (6.1)% | | | | | | | | | (77,577) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $1,248,267 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - November
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (6.4)%
| | | | | | | | | |
Call Options - (3.5)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 10/31/2025; Exercise Price: $560.49(a)(b) | | | $(1,258,010) | | | (26) | | | $(44,148) |
Put Options - (2.9)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 10/31/2025; Exercise Price: $411.27(a)(b) | | | (1,258,010) | | | (26) | | | (36,764) |
TOTAL WRITTEN OPTIONS
(Premiums received $80,794) | | | | | | | | | $(80,912) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $1,325,844 | | | 106.1% |
Written Options | | | (80,912) | | | (6.4) |
Liabilities in Excess of Other Assets | | | 3,335 | | | 0.3 |
| | | $1,248,267 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.8%
| |
Call Options - 99.0%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $4.88(a)(b)(c) | | | $161,412,360 | | | 3,336 | | | $159,388,042 |
Put Options - 6.8%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $488.07(a)(b)(c) | | | 161,412,360 | | | 3,336 | | | 10,963,497 |
TOTAL PURCHASED OPTIONS
(Cost $171,246,505) | | | | | | | | | 170,351,539 |
TOTAL INVESTMENTS - 105.8%
(Cost $171,246,505) | | | | | | | | | $170,351,539 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 502,906 |
Liabilities in Excess of Other Assets - (6.1)% | | | | | | | | | (9,829,424) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $161,025,021 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (6.0)%
| | | | | | | | | |
Call Options - (3.1)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $558.84(a)(b) | | | $(161,412,360) | | | (3,336) | | | $(5,107,683) |
Put Options - (2.9)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 09/30/2025; Exercise Price: $414.86(a)(b) | | | (161,412,360) | | | (3,336) | | | (4,625,464) |
TOTAL WRITTEN OPTIONS
(Premiums received $10,241,793) | | | | | | | | | $(9,733,147) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $170,351,539 | | | 105.8% |
Written Options | | | (9,733,147) | | | (6.0) |
Money Market Deposit Account | | | 502,906 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (96,277) | | | (0.1) |
| | | $161,025,021 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - September
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.6%
|
Call Options - 99.9%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 08/29/2025; Exercise Price: $4.76(a)(b)(c) | | | $36,433,905 | | | 753 | | | $36,033,362 |
Put Options - 5.7%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 08/29/2025; Exercise Price: $476.27(a)(b)(c) | | | 36,433,905 | | | 753 | | | 2,052,693 |
TOTAL PURCHASED OPTIONS
(Cost $37,345,270) | | | | | | | | | 38,086,055 |
TOTAL INVESTMENTS - 105.6%
(Cost $37,345,270) | | | | | | | | | $38,086,055 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 149,052 |
Liabilities in Excess of Other Assets - (6.0)% | | | | | | | | | (2,151,767) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $36,083,340 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Growth-100 Power Buffer ETF - September
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.9)%
|
Call Options - (3.6)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 08/29/2025; Exercise Price: $546.42(a)(b) | | | $(36,433,905) | | | (753) | | | $(1,284,995) |
Put Options - (2.3)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 08/29/2025; Exercise Price: $404.83(a)(b) | | | (36,433,905) | | | (753) | | | (843,743) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,095,564) | | | | | | | | | $(2,128,738) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $38,086,055 | | | 105.6% |
Written Options | | | (2,128,738) | | | (5.9) |
Money Market Deposit Account | | | 149,052 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (23,029) | | | (0.1) |
| | | $36,083,340 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed 10 Buffer ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.3%
|
Call Options - 95.4%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $0.21(a)(b)(c) | | | $5,505,790 | | | 695 | | | $5,443,129 |
Put Options - 5.9%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $83.63(a)(b)(c) | | | 5,505,790 | | | 695 | | | 336,248 |
TOTAL PURCHASED OPTIONS
(Cost $5,888,225) | | | | | | | | | 5,779,377 |
TOTAL INVESTMENTS - 101.3%
(Cost $5,888,225) | | | | | | | | | $5,779,377 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 6,954 |
Liabilities in Excess of Other Assets - (1.4)% | | | | | | | | | (76,758) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $5,709,573 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed 10 Buffer ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.3)%
|
Call Options - (0.1)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $87.13(a)(b) | | | $(5,505,790) | | | (695) | | | $(6,776) |
Put Options - (1.2)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $75.27(a)(b) | | | (5,505,790) | | | (695) | | | (66,734) |
TOTAL WRITTEN OPTIONS
(Premiums received $105,372) | | | | | | | | | $(73,510) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $5,779,377 | | | 101.3% |
Written Options | | | (73,510) | | | (1.3) |
Money Market Deposit Account | | | 6,954 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (3,248) | | | (0.1) |
| | | $5,709,573 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.1%
|
Call Options - 97.0%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 03/31/2025; Exercise Price: $0.80(a)(b)(c) | | | $199,056,094 | | | 25,127 | | | $195,875,016 |
Put Options - 4.1%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 03/31/2025; Exercise Price: $79.86(a)(b)(c) | | | 199,056,094 | | | 25,127 | | | 8,191,402 |
TOTAL PURCHASED OPTIONS
(Cost $203,375,817) | | | | | | | | | 204,066,418 |
TOTAL INVESTMENTS - 101.1%
(Cost $203,375,817) | | | | | | | | | $204,066,418 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 479,650 |
Liabilities in Excess of Other Assets - (1.3)% | | | | | | | | | (2,566,928) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $201,979,140 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.2)%
|
Call Options - (0.6)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 03/31/2025; Exercise Price: $93.28(a)(b) | | | $(199,056,094) | | | (25,127) | | | $(1,202,327) |
Put Options - (0.6)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 03/31/2025; Exercise Price: $67.88(a)(b) | | | (199,056,094) | | | (25,127) | | | (1,218,157) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,472,938) | | | | | | | | | $(2,420,484) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $204,066,418 | | | 101.1% |
Written Options | | | (2,420,484) | | | (1.2) |
Money Market Deposit Account | | | 479,650 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (146,444) | | | (0.1) |
| | | $201,979,140 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - August
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.0%
|
Call Options - 97.9%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 07/31/2025; Exercise Price: $0.80(a)(b)(c) | | | $14,822,062 | | | 1,871 | | | $14,339,756 |
Put Options - 5.1%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 07/31/2025; Exercise Price: $80.36(a)(b)(c) | | | 14,822,062 | | | 1,871 | | | 753,040 |
TOTAL PURCHASED OPTIONS
(Cost $15,187,925) | | | | | | | | | 15,092,796 |
TOTAL INVESTMENTS - 103.0%
(Cost $15,187,925) | | | | | | | | | $15,092,796 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 27,005 |
Liabilities in Excess of Other Assets - (3.2)% | | | | | | | | | (454,920) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $14,664,881 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - August
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.1)%
|
Call Options - (1.5)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 07/31/2025; Exercise Price: $93.35(a)(b) | | | $(14,822,062) | | | (1,871) | | | $(213,762) |
Put Options - (1.6)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 07/31/2025; Exercise Price: $68.31(a)(b) | | | (14,822,062) | | | (1,871) | | | (230,207) |
TOTAL WRITTEN OPTIONS
(Premiums received $488,426) | | | | | | | | | $(443,969) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $15,092,796 | | | 103.0% |
Written Options | | | (443,969) | | | (3.1) |
Money Market Deposit Account | | | 27,005 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (10,951) | | | (0.1) |
| | | $14,664,881 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - December
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 100.2%
|
Call Options - 99.8%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 11/29/2024; Exercise Price: $0.72(a)(b)(c) | | | $10,948,204 | | | 1,382 | | | $10,850,427 |
Put Options - 0.4%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 11/29/2024; Exercise Price: $72.42(a)(b)(c) | | | 10,948,204 | | | 1,382 | | | 42,566 |
TOTAL PURCHASED OPTIONS
(Cost $10,296,913) | | | | | | | | | 10,892,993 |
TOTAL INVESTMENTS - 100.2%
(Cost $10,296,913) | | | | | | | | | $10,892,993 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 25,628 |
Liabilities in Excess of Other Assets - (0.4)% | | | | | | | | | (43,355) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $10,875,266 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - December
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.3)%
|
Call Options - (0.1)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 11/29/2024; Exercise Price: $86.27(a)(b) | | | $(10,948,204) | | | (1,382) | | | $(12,673) |
Put Options - (0.2)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 11/29/2024; Exercise Price: $61.56(a)(b) | | | (10,948,204) | | | (1,382) | | | (22,983) |
TOTAL WRITTEN OPTIONS
(Premiums received $232,165) | | | | | | | | | $(35,656) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $10,892,993 | | | 100.2% |
Written Options | | | (35,656) | | | (0.3) |
Money Market Deposit Account | | | 25,628 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (7,699) | | | (0.1) |
| | | $10,875,266 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - February
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 100.5%
|
Call Options - 99.0%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 01/31/2025; Exercise Price: $0.75(a)(b)(c) | | | $11,922,610 | | | 1,505 | | | $11,711,714 |
Put Options - 1.5%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 01/31/2025; Exercise Price: $75.01(a)(b)(c) | | | 11,922,610 | | | 1,505 | | | 180,796 |
TOTAL PURCHASED OPTIONS
(Cost $11,739,680) | | | | | | | | | 11,892,510 |
TOTAL INVESTMENTS - 100.5%
(Cost $11,739,680) | | | | | | | | | $11,892,510 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 19,528 |
Liabilities in Excess of Other Assets - (0.7)% | | | | | | | | | (79,411) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $11,832,627 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - February
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.6)%
|
Call Options - (0.2)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 01/31/2025; Exercise Price: $88.17(a)(b) | | | $(11,922,610) | | | (1,505) | | | $(23,313) |
Put Options - (0.4)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 01/31/2025; Exercise Price: $63.76(a)(b) | | | (11,922,610) | | | (1,505) | | | (47,693) |
TOTAL WRITTEN OPTIONS
(Premiums received $250,989) | | | | | | | | | $(71,006) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $11,892,510 | | | 100.5% |
Written Options | | | (71,006) | | | (0.6) |
Money Market Deposit Account | | | 19,528 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (8,405) | | | (0.1) |
| | | $11,832,627 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 100.3%
|
Call Options - 99.1%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $0.75(a)(b)(c) | | | $182,269,376 | | | 23,008 | | | $179,013,284 |
Put Options - 1.2% | | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $75.35(a)(b)(c) | | | 182,269,376 | | | 23,008 | | | 2,246,961 |
TOTAL PURCHASED OPTIONS
(Cost $176,373,362) | | | | | | | | | 181,260,245 |
TOTAL INVESTMENTS - 100.3%
(Cost $176,373,362) | | | | | | | | | $181,260,245 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 430,624 |
Liabilities in Excess of Other Assets - (0.5)% | | | | | | | | | (973,056) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $180,717,813 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.5)%
|
Call Options - (0.2)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $86.64(a)(b) | | | $(182,269,376) | | | (23,008) | | | $(258,150) |
Put Options - (0.3)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 12/31/2024; Exercise Price: $64.05(a)(b) | | | (182,269,376) | | | (23,008) | | | (583,483) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,353,616) | | | | | | | | | $(841,633) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $181,260,245 | | | 100.3% |
Written Options | | | (841,633) | | | (0.5) |
Money Market Deposit Account | | | 430,624 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (131,423) | | | 0.0 |
| | | $180,717,813 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.5%
|
Call Options - 98.5%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 06/30/2025; Exercise Price: $0.78(a)(b)(c) | | | $162,345,546 | | | 20,493 | | | $156,950,558 |
Put Options - 4.0%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 06/30/2025; Exercise Price: $78.33(a)(b)(c) | | | 162,345,546 | | | 20,493 | | | 6,379,677 |
TOTAL PURCHASED OPTIONS
(Cost $163,151,554) | | | | | | | | | 163,330,235 |
TOTAL INVESTMENTS - 102.5%
(Cost $163,151,554) | | | | | | | | | $163,330,235 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 369,659 |
Liabilities in Excess of Other Assets - (2.7)% | | | | | | | | | (4,330,551) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $159,369,343 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.6)%
|
Call Options - (1.3)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 06/30/2025; Exercise Price: $91.49(a)(b) | | | $(162,345,546) | | | (20,493) | | | $(2,151,355) |
Put Options - (1.3)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 06/30/2025; Exercise Price: $66.58(a)(b) | | | (162,345,546) | | | (20,493) | | | (2,062,416) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,945,387) | | | | | | | | | $(4,213,771) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $163,330,235 | | | 102.5% |
Written Options | | | (4,213,771) | | | (2.6) |
Money Market Deposit Account | | | 369,659 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (116,780) | | | (0.1) |
| | | $159,369,343 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - June
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.3%
|
Call Options - 96.6%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 05/30/2025; Exercise Price: $0.81(a)(b)(c) | | | $23,401,588 | | | 2,954 | | | $22,980,820 |
Put Options - 4.7%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 05/30/2025; Exercise Price: $81.18(a)(b)(c) | | | 23,401,588 | | | 2,954 | | | 1,122,343 |
TOTAL PURCHASED OPTIONS
(Cost $24,353,934) | | | | | | | | | 24,103,163 |
TOTAL INVESTMENTS - 101.3%
(Cost $24,353,934) | | | | | | | | | $24,103,163 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 77,460 |
Liabilities in Excess of Other Assets - (1.6)% | | | | | | | | | (397,433) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $23,783,190 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - June
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.6)%
|
Call Options - (1.2)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 05/30/2025; Exercise Price: $98.02(a)(b) | | | $(23,401,588) | | | (2,954) | | | $(273,718) |
Put Options - (0.4)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 05/30/2025; Exercise Price: $69.00(a)(b) | | | (23,401,588) | | | (2,954) | | | (107,407) |
TOTAL WRITTEN OPTIONS
(Premiums received $431,399) | | | | | | | | | $(381,125) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $24,103,163 | | | 101.3% |
Written Options | | | (381,125) | | | (1.6) |
Money Market Deposit Account | | | 77,460 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (16,308) | | | 0.0 |
| | | $23,783,190 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - March
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 100.6%
|
Call Options - 98.1%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 02/28/2025; Exercise Price: $0.77(a)(b)(c) | | | $12,928,704 | | | 1,632 | | | $12,691,085 |
Put Options - 2.5%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 02/28/2025; Exercise Price: $77.25(a)(b)(c) | | | 12,928,704 | | | 1,632 | | | 326,302 |
TOTAL PURCHASED OPTIONS
(Cost $13,002,092) | | | | | | | | | 13,017,387 |
TOTAL INVESTMENTS - 100.6%
(Cost $13,002,092) | | | | | | | | | $13,017,387 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 30,016 |
Liabilities in Excess of Other Assets - (0.8)% | | | | | | | | | (102,896) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $12,944,507 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - March
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.7)%
|
Call Options - (0.2)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 02/28/2025; Exercise Price: $92.16(a)(b) | | | $(12,928,704) | | | (1,632) | | | $(21,004) |
Put Options - (0.5)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 02/28/2025; Exercise Price: $65.66(a)(b) | | | (12,928,704) | | | (1,632) | | | (72,608) |
TOTAL WRITTEN OPTIONS
(Premiums received $241,300) | | | | | | | | | $ (93,612) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $13,017,387 | | | 100.6% |
Written Options | | | (93,612) | | | (0.7) |
Money Market Deposit Account | | | 30,016 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (9,284) | | | (0.1) |
| | | $12,944,507 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - May
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.3%
| | | | | | | | | |
Call Options - 98.3%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 04/30/2025; Exercise Price:
$0.77(a)(b)(c) | | | $8,959,782 | | | 1,131 | | | $8,813,722 |
Put Options - 3.0%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 04/30/2025; Exercise Price:
$77.27(a)(b)(c) | | | 8,959,782 | | | 1,131 | | | 262,166 |
TOTAL PURCHASED OPTIONS
(Cost $9,056,803) | | | | | | | | | 9,075,888 |
TOTAL INVESTMENTS - 101.3%
(Cost $9,056,803) | | | | | | | | | $9,075,888 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 12,998 |
Liabilities in Excess of Other Assets - (1.4)% | | | | | | | | | (121,284) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $8,967,602 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - May
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.3)%
| | | | | | | | | |
Call Options - (0.7)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 04/30/2025; Exercise Price: $93.46(a)(b) | | | $(8,959,782) | | | (1,131) | | | $(61,687) |
Put Options - (0.6)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 04/30/2025; Exercise Price: $65.68(a)(b) | | | (8,959,782) | | | (1,131) | | | (53,271) |
TOTAL WRITTEN OPTIONS
(Premiums received $165,654) | | | | | | | | | $(114,958) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $9,075,888 | | | 101.3% |
Written Options | | | (114,958) | | | (1.3) |
Money Market Deposit Account | | | 12,998 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (6,326) | | | (0.1) |
| | | $8,967,602 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - November
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.7%
| | | | | | | | | |
Call Options - 97.5%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 10/31/2025; Exercise Price: $0.79(a)(b)(c) | | | $4,428,398 | | | 559 | | | $4,286,971 |
Put Options - 5.2%
| | | | | | | | | |
iShares MSCI EAFE ETF
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $79.22(a)(b)(c) | | | 4,428,398 | | | 559 | | | 231,426 |
TOTAL PURCHASED OPTIONS
(Cost $4,518,987) | | | | | | | | | 4,518,397 |
TOTAL INVESTMENTS - 102.7%
(Cost $4,518,987) | | | | | | | | | $4,518,397 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 2,931 |
Liabilities in Excess of Other Assets - (2.8)% | | | | | | | | | (123,847) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $4,397,481 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - November
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.1)%
| | | | | | | | | |
Call Options - (1.1)%
| | | | | | | | | |
iShares MSCI EAFE ETF(a)(b)
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $91.55 | | | (4,428,398) | | | (559) | | | $(50,310) |
Total Call Options | | | | | | | | | (50,310) |
Put Options - (2.0)%
| | | | | | | | | |
iShares MSCI EAFE ETF(a)(b)
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $67.34 | | | (4,428,398) | | | (559) | | | (86,086) |
Total Put Options | | | | | | | | | (86,086) |
TOTAL WRITTEN OPTIONS
(Premiums received $135,802) | | | | | | | | | $(136,396) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $4,518,397 | | | 102.7% |
Written Options | | | (136,396) | | | (3.1) |
Money Market Deposit Account | | | 2,931 | | | 0.1 |
Other Assets in Excess of Other Assets | | | 12,549 | | | 0.3 |
| | | $4,397,481 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.9%
| | | | | | | | | |
Call Options - 96.5%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 09/30/2025; Exercise Price:
$0.84(a)(b)(c) | | | $121,246,210 | | | 15,305 | | | $117,530,768 |
Put Options - 7.4%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 09/30/2025; Exercise Price:
$83.63(a)(b)(c) | | | 121,246,210 | | | 15,305 | | | 8,991,228 |
TOTAL PURCHASED OPTIONS
(Cost $130,909,360) | | | | | | | | | 126,521,996 |
TOTAL INVESTMENTS - 103.9%
(Cost $130,909,360) | | | | | | | | | $126,521,996 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 308,994 |
Liabilities in Excess of Other Assets - (4.2)% | | | | | | | | | (5,121,040) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $121,709,950 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.1)%
| | | | | | | | | |
Call Options - (1.7)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 09/30/2025; Exercise Price: $95.88(a)(b) | | | $(121,246,210) | | | (15,305) | | | $(2,105,815) |
Put Options - (2.4)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 09/30/2025; Exercise Price: $71.09(a)(b) | | | (121,246,210) | | | (15,305) | | | (2,930,601) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,442,901) | | | | | | | | | $(5,036,416) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $126,521,996 | | | 103.9% |
Written Options | | | (5,036,416) | | | (4.1) |
Money Market Deposit Account | | | 308,994 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (84,624) | | | (0.1) |
| | | $121,709,950 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - September
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.4%
| | | | | | | | | |
Call Options - 96.0%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 08/29/2025; Exercise Price:
$0.83(a)(b)(c) | | | $67,091,418 | | | 8,469 | | | $64,956,298 |
Put Options - 6.4%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 08/29/2025; Exercise Price:
$82.98(a)(b)(c) | | | 67,091,418 | | | 8,469 | | | 4,333,079 |
TOTAL PURCHASED OPTIONS
(Cost $71,151,396) | | | | | | | | | 69,289,377 |
TOTAL INVESTMENTS - 102.4%
(Cost $71,151,396) | | | | | | | | | $69,289,377 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 159,571 |
Liabilities in Excess of Other Assets - (2.6)% | | | | | | | | | (1,773,343) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $67,675,605 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator International Developed Power Buffer ETF - September
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.6)%
| | | | | | | | | |
Call Options - (2.0)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 08/29/2025; Exercise Price: $95.53(a)(b) | | | $(67,091,418) | | | (8,469) | | | $(1,304,141) |
Put Options - (0.6)%
| | | | | | | | | |
iShares MSCI EAFE ETF, Expiration: 08/29/2025; Exercise Price: $70.53(a)(b) | | | (67,091,418) | | | (8,469) | | | (424,551) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,040,745) | | | | | | | | | $(1,728,692) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $69,289,377 | | | 102.4% |
Written Options | | | (1,728,692) | | | (2.6) |
Money Market Deposit Account | | | 159,571 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (44,651) | | | 0.0 |
| | | $67,675,605 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Nasdaq-100 10 Buffer ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.4%
| | | | | | | | | |
Call Options - 98.8%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $1.23(a)(b)(c) | | | $79,738,480 | | | 1,648 | | | $79,456,359 |
Put Options - 3.6%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $488.07(a)(b)(c) | | | 79,738,480 | | | 1,648 | | | 2,887,461 |
TOTAL PURCHASED OPTIONS
(Cost $83,134,026) | | | | | | | | | 82,343,820 |
TOTAL INVESTMENTS - 102.4%
(Cost $83,134,026) | | | | | | | | | $82,343,820 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 110,620 |
Liabilities in Excess of Other Assets - (2.5)% | | | | | | | | | (2,001,240) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $80,453,200 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Nasdaq-100 10 Buffer ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.5)%
| | | | | | | | | |
Call Options - (1.4)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $510.33(a)(b) | | | $(79,738,480) | | | (1,648) | | | $(1,095,129) |
Put Options - (1.1)%
| | | | | | | | | |
Invesco QQQ Trust Series 1, Expiration: 12/31/2024; Exercise Price: $439.26(a)(b) | | | (79,738,480) | | | (1,648) | | | (867,260) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,670,530) | | | | | | | | | $(1,962,389) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $82,343,820 | | | 102.4% |
Written Options | | | (1,962,389) | | | (2.5) |
Money Market Deposit Account | | | 110,620 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (38,851) | | | 0.0(a) |
| | | $80,453,200 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 10 Barrier ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 9.0%
| | | | | | | | | |
Put Options - 9.0%
| | | | | | | | | |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price:
$4,676.33(a)(b)(c) | | | $100,415,920 | | | 176 | | | $833,865 |
TOTAL PURCHASED OPTIONS
(Cost $2,032,778) | | | | | | | | | 833,865 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 101.5%
| | | | | | | | | |
U.S. Treasury Bills - 101.5%
| | | | | | | | | |
4.95%, 12/26/2024(d) | | | | | | $177,500 | | | 176,262 |
4.90%, 03/20/2025(d)(e) | | | | | | 9,403,300 | | | 9,244,653 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $9,409,378) | | | | | | | | | 9,420,915 |
TOTAL INVESTMENTS - 110.5%
(Cost $11,442,156) | | | | | | | | | $10,254,780 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 7,054 |
Liabilities in Excess of Other Assets - (10.6)% | | | | | | | | | (985,482) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $9,276,352 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 10 Barrier ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (10.6)%
| | | | | | | | | |
Put Options - (10.6)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $4,728.87 | | | $(108,974,095) | | | (191) | | | $(966,573) |
S&P 500 Mini Index, Expiration: 03/31/2025; Exercise Price: $472.89 | | | (1,483,404) | | | (26) | | | (12,944) |
Total Put Options | | | | | | | | | (979,517) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,193,135) | | | | | | | | | $(979,517) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $833,865 | | | 9.0% |
Written Options | | | (979,517) | | | (10.6) |
U.S. Treasury Bills | | | 9,420,915 | | | 101.5 |
Money Market Deposit Account | | | 7,054 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (5,965) | | | 0.0 |
| | | $9,276,352 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 10 Barrier ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 2.2%
| | | | | | | | | |
Put Options - 2.2%
| | | | | | | | | |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price:
$4,240.14(a)(b)(c) | | | $51,349,050 | | | 90 | | | $95,468 |
TOTAL PURCHASED OPTIONS
(Cost $890,053) | | | | | | | | | 95,468 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 100.2%
| | | | | | | | | |
U.S. Treasury Bills - 100.2%
| | | | | | | | | |
4.81%, 12/26/2024(d)(e) | | | | | | $4,393,200 | | | 4,362,567 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $4,362,315) | | | | | | | | | 4,362,567 |
TOTAL INVESTMENTS - 102.4%
(Cost $5,252,368) | | | | | | | | | $4,458,035 |
Money Market Deposit Account - 0.2%(f) | | | | | | | | | 9,109 |
Liabilities in Excess of Other Assets - (2.6)% | | | | | | | | | (113,063) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $4,354,081 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract.
|
(d)
| The rate shown is the effective yield as of October 31, 2024.
|
(e)
| All or a portion of security has been pledged as collateral. The total value of assets committed as collateral as of October 31, 2024 is $1 which represented 0.0% of net assets.
|
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 10 Barrier ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.5)%
| | | | | | | | | |
Put Options - (2.5)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $4,287.78 | | | $(55,342,865) | | | (97) | | | $(108,014) |
S&P 500 Mini Index, Expiration: 12/31/2024; Exercise Price: $428.78 | | | (1,141,080) | | | (20) | | | (2,161) |
Total Put Options | | | | | | | | | (110,175) |
TOTAL WRITTEN OPTIONS
(Premiums received $854,131) | | | | | | | | | $(110,175) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $95,468 | | | 2.2% |
Written Options | | | (110,175) | | | (2.5) |
U.S. Treasury Bills | | | 4,362,567 | | | 100.2 |
Money Market Deposit Account | | | 9,109 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (2,888) | | | (0.1) |
| | | $4,354,081 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 10 Barrier ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 16.4%
| | | | | | | | | |
Put Options - 16.4%
| | | | | | | | | |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price:
$4,860.03(a)(b)(c) | | | $51,919,595 | | | 91 | | | $818,110 |
TOTAL PURCHASED OPTIONS
(Cost $1,168,130) | | | | | | | | | 818,110 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 102.8%
| | | | | | | | | |
U.S. Treasury Bills - 102.8%
| | | | | | | | | |
4.92%, 12/26/2024(d) | | | | | | $93,400 | | | 92,749 |
4.68%, 03/20/2025(d) | | | | | | 93,600 | | | 92,021 |
4.58%, 06/12/2025(d)(e) | | | | | | 5,077,500 | | | 4,946,776 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $5,123,632) | | | | | | | | | 5,131,546 |
TOTAL INVESTMENTS - 119.2%
(Cost $6,291,762) | | | | | | | | | $5,949,656 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 7,285 |
Liabilities in Excess of Other Assets - (19.3)% | | | | | | | | | (963,105) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $4,993,836 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 10 Barrier ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (19.2)%
| | | | | | | | | |
Put Options - (19.2)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $4,914.64 | | | $(56,483,955) | | | (99) | | | $(949,588) |
S&P 500 Mini Index, Expiration: 06/30/2025; Exercise Price: $491.46 | | | (627,594) | | | (11) | | | (10,406) |
Total Put Options | | | | | | | | | (959,994) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,182,595) | | | | | | | | | $(959,994) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $818,110 | | | 16.4% |
Written Options | | | (959,994) | | | (19.2) |
U.S. Treasury Bills | | | 5,131,546 | | | 102.8 |
Money Market Deposit Account | | | 7,285 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (3,111) | | | (0.1) |
| | | $4,993,836 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 10 Barrier ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 27.3%
| | | | | | | | | |
Put Options - 27.3%
| | | | | | | | | |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price:
$5,128.54(a)(b)(c) | | | $47,355,235 | | | 83 | | | $1,301,711 |
TOTAL PURCHASED OPTIONS
(Cost $1,253,515) | | | | | | | | | 1,301,711 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 104.6%
| | | | | | | | | |
U.S. Treasury Bills - 104.6%
| | | | | | | | | |
4.58%, 12/31/2024(d) | | | | | | $90,400 | | | 89,719 |
4.34%, 03/27/2025(d) | | | | | | 90,600 | | | 88,997 |
3.94%, 06/12/2025(d) | | | | | | 90,800 | | | 88,462 |
3.94%, 10/02/2025(d)(e) | | | | | | 4,896,900 | | | 4,710,616 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $4,991,504) | | | | | | | | | 4,977,794 |
TOTAL INVESTMENTS - 131.9%
(Cost $6,245,019) | | | | | | | | | $6,279,505 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 4,091 |
Liabilities in Excess of Other Assets - (32.0)% | | | | | | | | | (1,522,842) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $4,760,754 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 10 Barrier ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (31.9)%
| | | | | | | | | |
Put Options - (31.9)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $5,186.16 | | | $(51,919,595) | | | (91) | | | $(1,514,971) |
S&P 500 Mini Index, Expiration: 09/30/2025; Exercise Price: $518.62 | | | (171,162) | | | (3) | | | (4,958) |
Total Put Options | | | | | | | | | (1,519,929) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,460,663) | | | | | | | | | $(1,519,929) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $1,301,711 | | | 27.3% |
Written Options | | | (1,519,929) | | | (31.9) |
U.S. Treasury Bills | | | 4,977,794 | | | 104.6 |
Money Market Deposit Account | | | 4,091 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (2,913) | | | (0.1) |
| | | $4,760,754 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 15 Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | |
SHORT-TERM INVESTMENTS - 100.5%
| | | | | | |
U.S. Treasury Bills - 100.5%
| | | | | | |
5.12%, 11/29/2024(a) | | | $17,600 | | | $17,537 |
5.09%, 12/26/2024(a) | | | 17,600 | | | 17,477 |
5.04%, 01/23/2025(a) | | | 17,600 | | | 17,420 |
5.10%, 02/20/2025(a) | | | 17,600 | | | 17,361 |
5.09%, 03/20/2025(a)(b) | | | 3,768,100 | | | 3,704,527 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $3,767,140) | | | | | | 3,774,322 |
TOTAL INVESTMENTS - 100.5%
(Cost $3,767,140) | | | | | | $3,774,322 |
Money Market Deposit Account - 0.7%(c) | | | | | | 24,523 |
Liabilities in Excess of Other Assets - (1.2)% | | | | | | (46,382) |
TOTAL NET ASSETS - 100.0% | | | | | | $3,752,463 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| The rate shown is the effective yield as of October 31, 2024. |
(b)
| All or a portion of security has been pledged as collateral. |
(c)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 15 Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.7)%
| | | | | | | | | |
Put Options - (0.7)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $444.60(a)(b) | | | $(4,094,208) | | | (72) | | | $(26,292) |
TOTAL WRITTEN OPTIONS
(Premiums received $58,516) | | | | | | | | | $(26,292) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Written Options | | | $(26,292) | | | (0.7)% |
U.S. Treasury Bills | | | 3,774,322 | | | 100.5 |
Money Market Deposit Account | | | 24,523 | | | 0.7 |
Liabilities in Excess of Other Assets | | | (20,090) | | | (0.5) |
| | | $3,752,463 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 15 Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | |
SHORT-TERM INVESTMENTS - 100.0%
| | | | | | |
U.S. Treasury Bills - 100.0%
| | | | | | |
4.83%, 11/29/2024(a) | | | $40,100 | | | $39,957 |
4.84%, 12/26/2024(a)(b) | | | 8,628,700 | | | 8,568,536 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $8,607,618) | | | | | | 8,608,493 |
TOTAL INVESTMENTS - 100.0%
(Cost $8,607,618) | | | | | | $8,608,493 |
Money Market Deposit Account - 0.7%(c) | | | | | | 58,879 |
Liabilities in Excess of Other Assets - (0.7)% | | | | | | (60,687) |
TOTAL NET ASSETS - 100.0% | | | | | | $8,606,685 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| The rate shown is the effective yield as of October 31, 2024. |
(b)
| All or a portion of security has been pledged as collateral. |
(c)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 15 Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.2)%
| | | | | | | | | |
Put Options - (0.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $403.44(a)(b) | | | $(10,292,384) | | | (181) | | | $(15,208) |
TOTAL WRITTEN OPTIONS
(Premiums received $137,531) | | | | | | | | | $(15,208) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Written Options | | | $(15,208) | | | (0.2)% |
U.S. Treasury Bills | | | 8,608,493 | | | 100.0 |
Money Market Deposit Account | | | 58,879 | | | 0.7 |
Liabilities in Excess of Other Assets | | | (45,479) | | | (0.5) |
| | | $8,606,685 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 15 Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | |
SHORT-TERM INVESTMENTS - 101.2%
| | | | | | |
U.S. Treasury Bills - 101.2%
| | | | | | |
5.17%, 11/29/2024(a) | | | $10,800 | | | $10,761 |
5.12%, 12/26/2024(a) | | | 10,800 | | | 10,725 |
4.95%, 01/23/2025(a) | | | 10,900 | | | 10,789 |
4.99%, 02/20/2025(a) | | | 10,900 | | | 10,752 |
4.94%, 03/20/2025(a) | | | 10,900 | | | 10,716 |
4.93%, 04/17/2025(a) | | | 10,900 | | | 10,682 |
4.92%, 05/15/2025(a) | | | 10,900 | | | 10,651 |
4.90%, 06/12/2025(a)(b) | | | 2,399,500 | | | 2,337,723 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $2,404,818) | | | | | | 2,412,799 |
TOTAL INVESTMENTS - 101.2%
(Cost $2,404,818) | | | | | | $2,412,799 |
Money Market Deposit Account - 0.6%(c) | | | | | | 14,027 |
Liabilities in Excess of Other Assets - (1.8)% | | | | | | (42,856) |
TOTAL NET ASSETS - 100.0% | | | | | | $2,383,970 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| The rate shown is the effective yield as of October 31, 2024. |
(b)
| All or a portion of security has been pledged as collateral. |
(c)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 15 Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.3)%
| | | | | | | | | |
Put Options - (1.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $462.60(a)(b) | | | $(2,502,016) | | | (44) | | | $(30,399) |
TOTAL WRITTEN OPTIONS
(Premiums received $40,703) | | | | | | | | | $(30,399) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Written Options | | | $(30,399) | | | (1.3)% |
U.S. Treasury Bills | | | 2,412,799 | | | 101.2 |
Money Market Deposit Account | | | 14,027 | | | 0.6 |
Liabilities in Excess of Other Assets | | | (12,457) | | | (0.5) |
| | | $2,383,970 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 15 Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | |
SHORT-TERM INVESTMENTS - 102.1%
| | | | | | |
U.S. Treasury Bills - 102.1%
| | | | | | |
4.70%, 11/29/2024(a) | | | $79,900 | | | $79,615 |
4.58%, 12/31/2024(a) | | | 80,000 | | | 79,397 |
4.39%, 01/30/2025(a) | | | 80,100 | | | 79,212 |
4.39%, 02/27/2025(a) | | | 80,100 | | | 78,944 |
4.34%, 03/27/2025(a) | | | 80,200 | | | 78,781 |
3.99%, 04/17/2025(a) | | | 80,200 | | | 78,594 |
4.01%, 05/15/2025(a) | | | 80,300 | | | 78,465 |
3.95%, 06/12/2025(a) | | | 80,300 | | | 78,233 |
3.98%, 07/10/2025(a) | | | 80,400 | | | 78,082 |
3.99%, 08/07/2025(a) | | | 80,400 | | | 77,821 |
3.95%, 10/02/2025(a)(b) | | | 18,642,000 | | | 17,932,837 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $18,770,632) | | | | | | 18,719,981 |
TOTAL INVESTMENTS - 102.1%
(Cost $18,770,632) | | | | | | $18,719,981 |
Money Market Deposit Account - 0.5%(c) | | | | | | 94,927 |
Liabilities in Excess of Other Assets - (2.6)% | | | | | | (483,268) |
TOTAL NET ASSETS - 100.0% | | | | | | $18,331,640 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| The rate shown is the effective yield as of October 31, 2024. |
(b)
| All or a portion of security has been pledged as collateral. |
(c)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 15 Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.1)%
| | | | | | | | | |
Put Options - (2.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $487.71(a)(b) | | | $(18,367,072) | | | (323) | | | $(392,830) |
TOTAL WRITTEN OPTIONS
(Premiums received $373,145) | | | | | | | | | $(392,830) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Written Options | | | $(392,830) | | | (2.1)% |
U.S. Treasury Bills | | | 18,719,981 | | | 102.1 |
Money Market Deposit Account | | | 94,927 | | | 0.5 |
Liabilities in Excess of Other Assets | | | (90,438) | | | (0.5) |
| | | $18,331,640 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 20 Barrier ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 9.9%
| | | | | | | | | |
Put Options - 9.9%
| | | | | | | | | |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price:
$4,150.90(a)(b)(c) | | | $601,354,430 | | | 1,054 | | | $2,737,649 |
TOTAL PURCHASED OPTIONS
(Cost $6,196,125) | | | | | | | | | 2,737,649 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 101.0%
| | | | | | | | | |
U.S. Treasury Bills - 101.0%
| | | | | | | | | |
4.99%, 12/26/2024(d) | | | | | | $453,800 | | | 450,636 |
4.98%, 03/20/2025(d)(e) | | | | | | 28,120,800 | | | 27,646,361 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $28,054,939) | | | | | | | | | 28,096,997 |
TOTAL INVESTMENTS - 110.9%
(Cost $34,251,064) | | | | | | | | | $30,834,646 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 23,268 |
Liabilities in Excess of Other Assets - (11.0)% | | | | | | | | | (3,055,605) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $27,802,309 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 20 Barrier ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (10.9)%
| | | | | | | | | |
Put Options - (10.9)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $4,203.44 | | | $(627,028,955) | | | (1,099) | | | $(3,016,557) |
S&P 500 Mini Index, Expiration: 03/31/2025; Exercise Price: $420.34 | | | (4,393,158) | | | (77) | | | (20,787) |
Total Put Options | | | | | | | | | (3,037,344) |
TOTAL WRITTEN OPTIONS
(Premiums received $6,647,195) | | | | | | | | | $(3,037,344) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $2,737,649 | | | 9.9% |
Written Options | | | (3,037,344) | | | (10.9) |
U.S. Treasury Bills | | | 28,096,997 | | | 101.0 |
Money Market Deposit Account | | | 23,268 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (18,261) | | | (0.1) |
| | | $27,802,309 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 20 Barrier ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 2.7%
| | | | | | | | | |
Put Options - 2.7%
| | | | | | | | | |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price:
$3,763.72(a)(b)(c) | | | $221,371,460 | | | 388 | | | $254,920 |
TOTAL PURCHASED OPTIONS
(Cost $1,926,334) | | | | | | | | | 254,920 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 100.2%
| | | | | | | | | |
U.S. Treasury Bills - 100.2%
| | | | | | | | | |
4.86%, 12/26/2024(d)(e) | | | | | | $9,385,500 | | | 9,320,059 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $9,318,829) | | | | | | | | | 9,320,059 |
TOTAL INVESTMENTS - 102.9%
(Cost $11,245,163) | | | | | | | | | $9,574,979 |
Money Market Deposit Account - 0.2%(f) | | | | | | | | | 19,130 |
Liabilities in Excess of Other Assets - (3.1)% | | | | | | | | | (287,054) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $9,307,055 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 20 Barrier ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.0)%
| | | | | | | | | |
Put Options - (3.0)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $3,811.36 | | | $(229,929,635) | | | (403) | | | $(278,183) |
S&P 500 Mini Index, Expiration: 12/31/2024; Exercise Price: $381.14 | | | (2,510,376) | | | (44) | | | (2,942) |
Total Put Options | | | | | | | | | (281,125) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,895,980) | | | | | | | | | $(281,125) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $254,920 | | | 2.7% |
Written Options | | | (281,125) | | | (3.0) |
U.S. Treasury Bills | | | 9,320,059 | | | 100.2 |
Money Market Deposit Account | | | 19,130 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (5,929) | | | (0.1) |
| | | $9,307,055 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 20 Barrier ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 17.7%
|
Put Options - 17.7%
| | | | | | | | | |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $4,313.96(a)(b)(c) | | | $429,620,385 | | | 753 | | | $3,652,005 |
TOTAL PURCHASED OPTIONS
(Cost $4,173,328) | | | | | | | | | 3,652,005 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 102.0%
| | | | | | | | | |
U.S. Treasury Bills - 102.0%
| | | | | | | | | |
5.23%, 12/26/2024(d) | | | | | | $325,500 | | | 323,230 |
5.12%, 03/20/2025(d) | | | | | | 326,100 | | | 320,598 |
5.08%, 06/12/2025(d)(e) | | | | | | 20,880,300 | | | 20,342,723 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $20,896,810) | | | | | | | | | 20,986,551 |
TOTAL INVESTMENTS - 119.7%
(Cost $25,070,138) | | | | | | | | | $24,638,556 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 10,911 |
Liabilities in Excess of Other Assets - (19.8)% | | | | | | | | | (4,075,461) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $20,574,006 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The rate shown is the effective yield as of October 31, 2024.
|
(e)
| All or a portion of security has been pledged as collateral.
|
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 20 Barrier ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (19.7)%
|
Put Options - (19.7)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $4,368.57 | | | $(448,448,370) | | | (786) | | | $(4,038,539) |
S&P 500 Mini Index, Expiration: 06/30/2025; Exercise Price:
$436.86 | | | (2,624,484) | | | (46) | | | (23,412) |
Total Put Options | | | | | | | | | (4,061,951) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,533,726) | | | | | | | | | $(4,061,951) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $3,652,005 | | | 17.7% |
Written Options | | | (4,061,951) | | | (19.7) |
U.S. Treasury Bills | | | 20,986,551 | | | 102.0 |
Money Market Deposit Account | | | 10,911 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (13,510) | | | (0.1) |
| | | $20,574,006 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 20 Barrier ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 29.9%
|
Put Options - 29.9%
| | | | | | | | | |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $4,552.30(a)(b)(c) | | | $392,534,960 | | | 688 | | | $5,856,511 |
TOTAL PURCHASED OPTIONS
(Cost $5,627,510) | | | | | | | | | 5,856,511 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 103.4%
| | | | | | | | | |
U.S. Treasury Bills - 103.4%
| | | | | | | | | |
4.58%, 12/31/2024(d) | | | | | | $314,700 | | | 312,329 |
4.35%, 03/27/2025(d) | | | | | | 315,300 | | | 309,720 |
3.97%, 06/12/2025(d) | | | | | | 315,900 | | | 307,767 |
3.97%, 10/02/2025(d)(e) | | | | | | 20,141,400 | | | 19,375,199 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $20,356,562) | | | | | | | | | 20,305,015 |
TOTAL INVESTMENTS - 133.3%
(Cost $25,984,072) | | | | | | | | | $26,161,526 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 16,391 |
Liabilities in Excess of Other Assets - (33.4)% | | | | | | | | | (6,548,006) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $19,629,911 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 20 Barrier ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (33.3)%
|
Put Options - (33.3)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $4,609.92 | | | $(411,362,945) | | | (721) | | | $(6,523,075) |
S&P 500 Mini Index, Expiration: 09/30/2025; Exercise Price:
$460.99 | | | (798,756) | | | (14) | | | (12,584) |
Total Put Options | | | | | | | | | (6,535,659) |
TOTAL WRITTEN OPTIONS
(Premiums received $6,249,992) | | | | | | | | | $(6,535,659) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $5,856,511 | | | 29.9% |
Written Options | | | (6,535,659) | | | (33.3) |
U.S. Treasury Bills | | | 20,305,015 | | | 103.4 |
Money Market Deposit Account | | | 16,391 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (12,347) | | | (0.1) |
| | | $19,629,911 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 30 Barrier ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 8.9%
| | | | | | | | | |
Put Options - 8.9%
| | | | | | | | | |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $3,625.47(a)(b)(c) | | | $1,242,647,010 | | | 2,178 | | | $3,399,706 |
TOTAL PURCHASED OPTIONS
(Cost $7,276,103) | | | | | | | | | 3,399,706 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 100.7%
| | | | | | | | | |
U.S. Treasury Bills - 100.7%
| | | | |
4.99%, 12/26/2024(d) | | | | | | $543,100 | | | 539,313 |
5.00%, 03/20/2025(d)(e) | | | | | | 38,682,100 | | | 38,029,477 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $38,509,694) | | | | | | | | | 38,568,790 |
TOTAL INVESTMENTS - 109.6%
(Cost $45,785,797) | | | | | | | | | $41,968,496 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 31,289 |
Liabilities in Excess of Other Assets - (9.7)% | | | | | | | | | (3,712,963) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $38,286,822 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The rate shown is the effective yield as of October 31, 2024.
|
(e)
| All or a portion of security has been pledged as collateral.
|
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 30 Barrier ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (9.6)%
| |
Put Options - (9.6)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $3,678.01 | | | $(1,278,020,800) | | | (2,240) | | | $(3,671,091) |
S&P 500 Mini Index, Expiration: 03/31/2025; Exercise Price:
$367.80 | | | (6,047,724) | | | (106) | | | (16,648) |
Total Put Options | | | | | | | | | (3,687,739) |
TOTAL WRITTEN OPTIONS
(Premiums received $7,653,119) | | | | | | | | | $(3,687,739) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract.
|
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $3,399,706 | | | 8.9% |
Written Options | | | (3,687,739) | | | (9.6) |
U.S. Treasury Bills | | | 38,568,790 | | | 100.7 |
Money Market Deposit Account | | | 31,289 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (25,224) | | | (0.1) |
| | | $38,286,822 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 30 Barrier ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 2.4%
| |
Put Options - 2.4%
| | | | | | | | | |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $3,287.30(a)(b)(c) | | | $795,910,275 | | | 1,395 | | | $535,108 |
TOTAL PURCHASED OPTIONS
(Cost $3,687,678) | | | | | | | | | 535,108 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 100.0%
| | | | | | | | | |
U.S. Treasury Bills - 100.0%
| | | | |
4.84%, 12/26/2024(d)(e) | | | | | | $22,463,200 | | | 22,306,573 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $22,304,093) | | | | | | | | | 22,306,573 |
TOTAL INVESTMENTS - 102.4%
(Cost $25,991,771) | | | | | | | | | $22,841,681 |
Money Market Deposit Account - 0.3%(f) | | | | | | | | | 61,898 |
Liabilities in Excess of Other Assets - (2.7)% | | | | | | | | | (600,672) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $22,302,907 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral.
|
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 30 Barrier ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.6)%
| |
Put Options - (2.6)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $3,334.94 | | | $(816,449,895) | | | (1,431) | | | $(581,644) |
S&P 500 Mini Index, Expiration: 12/31/2024; Exercise Price:
$333.49 | | | (5,990,670) | | | (105) | | | (4,597) |
Total Put Options | | | | | | | | | (586,241) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,458,447) | | | | | | | | | $(586,241) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract.
|
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $535,108 | | | 2.4% |
Written Options | | | (586,241) | | | (2.6) |
U.S. Treasury Bills | | | 22,306,573 | | | 100.0 |
Money Market Deposit Account | | | 61,898 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (14,431) | | | (0.1) |
| | | $22,302,907 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 30 Barrier ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 15.4%
| | | | | | | | | |
Put Options - 15.4%
| | | | | | | | | |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price:
$3,767.89(a)(b)(c) | | | $742,849,590 | | | 1,302 | | | $3,640,223 |
TOTAL PURCHASED OPTIONS
(Cost $3,871,501) | | | | | | | | | 3,640,223 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 101.3%
| | | | | | | | | |
U.S. Treasury Bills - 101.3%
| | | | | | | | | |
5.24%, 12/26/2024(d) | | | | | | $321,300 | | | 319,060 |
5.13%, 03/20/2025(d) | | | | | | 322,000 | | | 316,567 |
5.09%, 06/12/2025(d)(e) | | | | | | 24,010,500 | | | 23,392,334 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $23,922,814) | | | | | | | | | 24,027,961 |
TOTAL INVESTMENTS - 116.7%
(Cost $27,794,315) | | | | | | | | | $27,668,184 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 12,531 |
Liabilities in Excess of Other Assets - (16.8)% | | | | | | | | | (3,985,686) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $23,695,029 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 30 Barrier ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (16.8)%
| | | | | | | | | |
Put Options - (16.8)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $3,822.50 | | | $(764,530,300) | | | (1,340) | | | $(3,954,487) |
S&P 500 Mini Index, Expiration: 06/30/2025; Exercise Price: $382.25 | | | (3,080,916) | | | (54) | | | (15,612) |
Total Put Options | | | | | | | | | (3,970,099) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,193,497) | | | | | | | | | $(3,970,099) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $3,640,223 | | | 15.4% |
Written Options | | | (3,970,099) | | | (16.8) |
U.S. Treasury Bills | | | 24,027,961 | | | 101.3 |
Money Market Deposit Account | | | 12,531 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (15,587) | | | 0.0 |
| | | 23,695,029 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 30 Barrier ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 25.0%
| | | | | | | | | |
Put Options - 25.0%
| | | | | | | | | |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $3,976.06(a)(b)(c) | | | $642,433,670 | | | 1,126 | | | $5,358,319 |
TOTAL PURCHASED OPTIONS
(Cost $5,108,480) | | | | | | | | | 5,358,319 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 102.3%
| | | | | | | | | |
U.S. Treasury Bills - 102.3%
| | | | | | | | | |
4.58%, 12/31/2024(d) | | | | | | $284,700 | | | 282,555 |
4.35%, 03/27/2025(d) | | | | | | 285,300 | | | 280,251 |
3.96%, 06/12/2025(d) | | | | | | 285,800 | | | 278,442 |
3.96%, 10/02/2025(d)(e) | | | | | | 21,918,200 | | | 21,084,407 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $21,983,039) | | | | | | | | | 21,925,655 |
TOTAL INVESTMENTS - 127.3%
(Cost $27,091,519) | | | | | | | | | $27,283,974 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 17,040 |
Liabilities in Excess of Other Assets - (27.4)% | | | | | | | | | (5,871,152) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $21,429,862 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 30 Barrier ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (27.3)%
| | | | | | | | | |
Put Options - (27.3)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $4,033.68 | | | $(662,973,290) | | | (1,162) | | | $(5,850,530) |
S&P 500 Mini Index, Expiration: 09/30/2025; Exercise Price:
$403.37 | | | (855,810) | | | (15) | | | (7,403) |
Total Put Options | | | | | | | | | (5,857,933) |
TOTAL WRITTEN OPTIONS
(Premiums received $5,553,560) | | | | | | | | | $(5,857,933) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $5,358,319 | | | 25.0% |
Written Options | | | (5,857,932) | | | (27.3) |
U.S. Treasury Bills | | | 21,925,655 | | | 102.3 |
Money Market Deposit Account | | | 17,040 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (13,220) | | | (0.1) |
| | | $21,429,862 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 40 Barrier ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 7.3%
| |
Put Options - 7.3%
| | | | | | | | | |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $3,100.04(a)(b)(c) | | | $828,431,340 | | | 1,452 | | | $1,384,438 |
TOTAL PURCHASED OPTIONS
(Cost $2,697,715) | | | | | | | | | 1,384,438 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 100.5%
| | | | | | | | | |
U.S. Treasury Bills - 100.5%
| | | | | | | | | |
5.02%, 12/26/2024(d) | | | | | | $241,500 | | | 239,816 |
5.02%, 03/20/2025(d)(e) | | | | | | 19,310,500 | | | 18,984,704 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $19,193,325) | | | | | | | | | 19,224,520 |
TOTAL INVESTMENTS - 107.8%
(Cost $21,891,040) | | | | | | | | | $20,608,958 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 15,972 |
Liabilities in Excess of Other Assets - (7.9)% | | | | | | | | | (1,505,137) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $19,119,793 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The rate shown is the effective yield as of October 31, 2024. |
(e)
| All or a portion of security has been pledged as collateral. |
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 40 Barrier ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (7.8)%
| | | | | | | | | |
Put Options - (7.8)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 03/31/2025; Exercise Price: $3,152.58 | | | $(846,118,235) | | | (1,483) | | | $(1,487,508) |
S&P 500 Mini Index, Expiration: 03/31/2025; Exercise Price:
$315.26 | | | (3,023,862) | | | (53) | | | (5,133) |
Total Put Options | | | | | | | | | (1,492,641) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,821,589) | | | | | | | | | $(1,492,641) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $1,384,438 | | | 7.3% |
Written Options | | | (1,492,641) | | | (7.8) |
U.S. Treasury Bills | | | 19,224,520 | | | 100.5 |
Money Market Deposit Account | | | 15,972 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (12,496) | | | (0.1) |
| | | $19,119,793 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 40 Barrier ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 1.7%
| |
Put Options - 1.7%
| | | | | | | | | |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $2,810.88(a)(b)(c) | | | $235,635,085 | | | 413 | | | $84,355 |
TOTAL PURCHASED OPTIONS
(Cost $630,893) | | | | | | | | | 84,355 |
| | | | | | Par | |
SHORT-TERM INVESTMENTS - 99.9%
| | | | | | | | | |
U.S. Treasury Bills - 99.9%
| | | | | | | |
4.85%, 12/26/2024(d)(e) | | | | | | $4,982,500 | | | 4,947,759 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $4,947,220) | | | | | | | | | 4,947,759 |
TOTAL INVESTMENTS - 101.6%
(Cost $5,578,113) | | | | | | | | | $5,032,114 |
Money Market Deposit Account - 0.3%(f) | | | | | | | | | 15,166 |
Liabilities in Excess of Other Assets - (1.9)% | | | | | | | | | (95,650) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $4,951,630 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract.
|
(d)
| The rate shown is the effective yield as of October 31, 2024.
|
(e)
| All or a portion of security has been pledged as collateral.
|
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 40 Barrier ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.9)%
| |
Put Options - (1.9)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 12/31/2024; Exercise Price: $2,858.52 | | | $(240,199,445) | | | (421) | | | $(91,938) |
S&P 500 Mini Index, Expiration: 12/31/2024; Exercise
Price: $285.85 | | | (1,312,242) | | | (23) | | | (669) |
Total Put Options | | | | | | | | | (92,607) |
TOTAL WRITTEN OPTIONS
(Premiums received $436,823) | | | | | | | | | $(92,607) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract.
|
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $84,355 | | | 1.7% |
Written Options | | | (92,607) | | | (1.9) |
U.S. Treasury Bills | | | 4,947,759 | | | 99.9 |
Money Market Deposit Account | | | 15,166 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (3,043) | | | 0.0 |
| | | $4,951,630 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 40 Barrier ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 12.2%
| |
Put Options - 12.2%
| | | | | | | | | |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $3,221.82(a)(b)(c) | | | $338,333,185 | | | 593 | | | $991,211 |
TOTAL PURCHASED OPTIONS
(Cost $1,156,638) | | | | | | | | | 991,211 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 100.9%
| | | | | | | | | |
U.S. Treasury Bills - 100.9%
| | | | | | | |
5.18%, 12/26/2024(d) | | | | | | $98,300 | | | 97,615 |
5.04%, 03/20/2025(d) | | | | | | 98,500 | | | 96,838 |
5.00%, 06/12/2025(d)(e) | | | | | | 8,197,000 | | | 7,985,963 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $8,148,997) | | | | | | | | | 8,180,416 |
TOTAL INVESTMENTS - 113.1%
(Cost $9,305,635) | | | | | | | | | $9,171,627 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 4,427 |
Liabilities in Excess of Other Assets - (13.2)% | | | | | | | | | (1,072,059) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $8,103,995 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The rate shown is the effective yield as of October 31, 2024.
|
(e)
| All or a portion of security has been pledged as collateral.
|
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 40 Barrier ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (13.2)%
| |
Put Options - (13.2)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 06/30/2025; Exercise Price: $3,276.43 | | | $(345,750,270) | | | (606) | | | $(1,063,760) |
S&P 500 Mini Index, Expiration: 06/30/2025; Exercise
Price: $327.64 | | | (1,026,972) | | | (18) | | | (3,103) |
Total Put Options | | | | | | | | | (1,066,863) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,222,501) | | | | | | | | | $(1,066,863) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract.
|
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $991,211 | | | 12.2% |
Written Options | | | (1,066,863) | | | (13.2) |
U.S. Treasury Bills | | | 8,180,416 | | | 100.9 |
Money Market Deposit Account | | | 4,427 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (5,196) | | | 0.0 |
| | | $8,103,995 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 40 Barrier ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 19.1%
| |
Put Options - 19.1%
| | | | | | | | | |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $3,399.82(a)(b)(c) | | | $499,797,420 | | | 876 | | | $2,383,736 |
TOTAL PURCHASED OPTIONS
(Cost $2,314,685) | | | | | | | | | 2,383,736 |
| | | | | | Par | | | |
SHORT-TERM INVESTMENTS - 101.5%
| | | | | | | | | |
U.S. Treasury Bills - 101.5%
| | | | | | | |
4.58%, 12/31/2024(d) | | | | | | $140,700 | | | 139,640 |
4.35%, 03/27/2025(d) | | | | | | 141,000 | | | 138,505 |
3.96%, 06/12/2025(d) | | | | | | 141,300 | | | 137,662 |
3.96%, 10/02/2025(d)(e) | | | | | | 12,758,400 | | | 12,273,056 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $12,722,623) | | | | | | | | | 12,688,863 |
TOTAL INVESTMENTS - 120.6%
(Cost $15,037,308) | | | | | | | | | $15,072,599 |
Money Market Deposit Account - 0.1%(f) | | | | | | | | | 10,703 |
Liabilities in Excess of Other Assets - (20.7)% | | | | | | | | | (2,588,536) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $12,494,766 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The rate shown is the effective yield as of October 31, 2024.
|
(e)
| All or a portion of security has been pledged as collateral.
|
(f)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 40 Barrier ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (20.7)%
| |
Put Options - (20.7)%(a)(b)
| | | | | | | | | |
S&P 500 Index, Expiration: 09/30/2025; Exercise Price: $3,457.44 | | | $(511,778,865) | | | (897) | | | $(2,578,373) |
S&P 500 Mini Index, Expiration: 09/30/2025; Exercise
Price: $345.74 | | | (513,486) | | | (9) | | | (2,543) |
Total Put Options | | | | | | | | | (2,580,916) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,475,418) | | | | | | | | | $(2,580,916) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| 100 shares per contract.
|
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $2,383,736 | | | 19.1% |
Written Options | | | (2,580,916) | | | (20.7) |
U.S. Treasury Bills | | | 12,688,863 | | | 101.5 |
Money Market Deposit Account | | | 10,703 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (7,620) | | | 0.0 |
| | | $12,494,766 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 9 Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | |
SHORT-TERM INVESTMENTS - 100.9%
| | | | | | |
U.S. Treasury Bills - 100.9%
| | | | |
5.09%, 11/29/2024(a) | | | $10,000 | | | $9,964 |
5.08%, 12/26/2024(a) | | | 10,000 | | | 9,930 |
5.01%, 01/23/2025(a) | | | 10,000 | | | 9,898 |
5.08%, 02/20/2025(a) | | | 10,000 | | | 9,864 |
5.07%, 03/20/2025(a)(b) | | | 1,885,200 | | | 1,853,394 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $1,889,567) | | | | | | 1,893,050 |
TOTAL INVESTMENTS - 100.9%
(Cost $1,889,567) | | | | | | $1,893,050 |
Money Market Deposit Account - 0.7%(c) | | | | | | 13,230 |
Liabilities in Excess of Other Assets - (1.6)% | | | | | | (30,500) |
TOTAL NET ASSETS - 100.0% | | | | | | $1,875,780 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| The rate shown is the effective yield as of October 31, 2024.
|
(b)
| All or a portion of security has been pledged as collateral.
|
(c)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 9 Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.0)%
| |
Put Options - (1.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $475.97(a)(b) | | | $(2,047,104) | | | (36) | | | $(19,239) |
TOTAL WRITTEN OPTIONS
(Premiums received $41,019) | | | | | | | | | $(19,239) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Written Options | | | $(19,239) | | | (1.0%) |
U.S. Treasury Bills | | | 1,893,050 | | | 100.9 |
Money Market Deposit Account | | | 13,230 | | | 0.7 |
Liabilities in Excess of Other Assets | | | (11,261) | | | (0.6) |
| | | $1,875,780 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 9 Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | |
SHORT-TERM INVESTMENTS - 100.1%
| | | | | | |
U.S. Treasury Bills - 100.1%
| |
4.83%, 11/29/2024(a) | | | $53,800 | | | $53,608 |
4.83%, 12/26/2024(a)(b) | | | 9,859,200 | | | 9,790,456 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $9,843,128) | | | | | | 9,844,064 |
TOTAL INVESTMENTS - 100.1%
(Cost $9,843,128) | | | | | | $9,844,064 |
Money Market Deposit Account - 0.8%(c) | | | | | | 74,679 |
Liabilities in Excess of Other Assets - (0.9)% | | | | | | (83,657) |
TOTAL NET ASSETS - 100.0% | | | | | | $9,835,086 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| The rate shown is the effective yield as of October 31, 2024.
|
(b)
| All or a portion of security has been pledged as collateral.
|
(c)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 9 Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.2)%
| |
Put Options - (0.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $431.91(a)(b) | | | $(11,770,848) | | | (207) | | | $(23,569) |
TOTAL WRITTEN OPTIONS
(Premiums received $226,401) | | | | | | | | | $(23,569) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Written Options | | | $(23,569) | | | (0.2)% |
U.S. Treasury Bills | | | 9,844,064 | | | 100.1 |
Money Market Deposit Account | | | 74,679 | | | 0.8 |
Liabilities in Excess of Other Assets | | | (60,088) | | | (0.7) |
| | | $9,835,086 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 9 Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | |
SHORT-TERM INVESTMENTS - 101.8%
| | | | | | |
U.S. Treasury Bills - 101.8%
| | | | | | |
5.23%, 11/29/2024(a) | | | $6,200 | | | $6,178 |
5.24%, 12/26/2024(a) | | | 6,200 | | | 6,157 |
5.01%, 01/23/2025(a) | | | 6,200 | | | 6,137 |
5.12%, 02/20/2025(a) | | | 6,200 | | | 6,116 |
5.13%, 03/20/2025(a) | | | 6,200 | | | 6,095 |
5.12%, 04/17/2025(a) | | | 6,200 | | | 6,076 |
5.12%, 05/15/2025(a) | | | 6,200 | | | 6,058 |
5.09%, 06/12/2025(a)(b) | | | 1,200,500 | | | 1,169,592 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $1,207,120) | | | | | | 1,212,409 |
TOTAL INVESTMENTS - 101.8%
(Cost $1,207,120) | | | | | | $1,212,409 |
Money Market Deposit Account - 0.7%(c) | | | | | | 7,847 |
Liabilities in Excess of Other Assets - (2.5)% | | | | | | (29,416) |
TOTAL NET ASSETS - 100.0% | | | | | | $1,190,840 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| The rate shown is the effective yield as of October 31, 2024.
|
(b)
| All or a portion of security has been pledged as collateral.
|
(c)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 9 Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.9)%
| |
Put Options - (1.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $495.26(a)(b) | | | $(1,251,008) | | | (22) | | | $(22,308) |
TOTAL WRITTEN OPTIONS
(Premiums received $26,369) | | | | | | | | | $(22,308) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Written Options | | | $(22,308) | | | (1.9)% |
U.S. Treasury Bills | | | 1,212,409 | | | 101.8 |
Money Market Deposit Account | | | 7,847 | | | 0.7 |
Liabilities in Excess of Other Assets | | | (7,108) | | | (0.6) |
| | | $1,190,840 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 9 Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | |
SHORT-TERM INVESTMENTS - 103.0%
| | | | | | |
U.S. Treasury Bills - 103.0%
| | | | | | |
4.70%, 11/29/2024(a) | | | $79,100 | | | $78,818 |
4.57%, 12/31/2024(a) | | | 79,200 | | | 78,603 |
4.38%, 01/30/2025(a) | | | 79,200 | | | 78,322 |
4.38%, 02/27/2025(a) | | | 79,300 | | | 78,156 |
4.34%, 03/27/2025(a) | | | 79,300 | | | 77,897 |
3.97%, 04/17/2025(a) | | | 79,400 | | | 77,810 |
4.00%, 05/15/2025(a) | | | 79,400 | | | 77,585 |
3.95%, 06/12/2025(a) | | | 79,500 | | | 77,453 |
3.97%, 07/10/2025(a) | | | 79,500 | | | 77,207 |
3.98%, 08/07/2025(a) | | | 79,600 | | | 77,047 |
3.94%, 10/02/2025(a)(b) | | | 15,654,500 | | | 15,058,986 |
TOTAL SHORT-TERM INVESTMENTS
(Cost $15,882,002) | | | | | | 15,837,884 |
TOTAL INVESTMENTS - 103.0%
(Cost $15,882,002) | | | | | | $15,837,884 |
Money Market Deposit Account - 0.6%(c) | | | | | | 91,398 |
Liabilities in Excess of Other Assets - (3.6)% | | | | | | (559,849) |
TOTAL NET ASSETS - 100.0% | | | | | | $15,369,433 |
| | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| The rate shown is the effective yield as of October 31, 2024.
|
(b)
| All or a portion of security has been pledged as collateral.
|
(c)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator Premium Income 9 Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.1)%
| |
Put Options - (3.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $522.14(a)(b) | | | $(15,410,144) | | | (271) | | | $(471,990) |
TOTAL WRITTEN OPTIONS
(Premiums received $459,208) | | | | | | | | | $(471,990) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Written Options | | | $(471,990) | | | (3.1)% |
U.S. Treasury Bills | | | 15,837,884 | | | 103.0 |
Money Market Deposit Account | | | 91,398 | | | 0.6 |
Liabilities in Excess of Other Assets | | | (87,859) | | | (0.5) |
| | | $15,369,433 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity 10 Buffer ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.5%
| |
Call Options - 98.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $1.42(a)(b)(c) | | | $254,409,536 | | | 4,474 | | | $253,027,070 |
Put Options - 2.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $573.74(a)(b)(c) | | | 254,409,536 | | | 4,474 | | | 7,176,296 |
TOTAL PURCHASED OPTIONS
(Cost $261,703,635) | | | | | | | | | 260,203,366 |
TOTAL INVESTMENTS - 101.5%
(Cost $261,703,635) | | | | | | | | | $260,203,366 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 336,470 |
Liabilities in Excess of Other Assets - (1.6)% | | | | | | | | | (4,082,055) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $256,457,781 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity 10 Buffer ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.5)%
| |
Call Options - (0.8)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $594.87(a)(b) | | | $(254,409,536) | | | (4,474) | | | $(2,013,300) |
Put Options - (0.7)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $516.38(a)(b) | | | (254,409,536) | | | (4,474) | | | (1,896,976) |
TOTAL WRITTEN OPTIONS
(Premiums received $5,684,998) | | | | | | | | | $(3,910,276) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $260,203,366 | | | 101.5% |
Written Options | | | (3,910,276) | | | (1.5) |
Money Market Deposit Account | | | 336,470 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (171,779) | | | (0.1) |
| | | $256,457,781 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 100.7%
|
Call Options - 99.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price:
$1.40(a)(b)(c) | | | $102,070,880 | | | 1,795 | | | $101,519,815 |
Put Options - 1.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price:
$545.07(a)(b)(c) | | | 102,070,880 | | | 1,795 | | | 1,461,130 |
TOTAL PURCHASED OPTIONS
(Cost $104,035,094) | | | | | | | | | 102,980,945 |
TOTAL INVESTMENTS - 100.7%
(Cost $104,035,094) | | | | | | | | | $102,980,945 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 124,647 |
Liabilities in Excess of Other Assets - (0.8)% | | | | | | | | | (789,657) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $102,315,935 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (0.7)%
|
Call Options - (0.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $609.79(a)(b) | | | $(102,070,880) | | | (1,795) | | | $(272,840) |
Put Options - (0.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $487.70(a)(b) | | | (102,070,880) | | | (1,795) | | | (439,775) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,149,218) | | | | | | | | | $(712,615) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $102,980,945 | | | 100.7% |
Written Options | | | (712,615) | | | (0.7) |
Money Market Deposit Account | | | 124,647 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (77,042) | | | (0.1) |
| | | $102,315,935 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 114.2%
|
Call Options - 112.4%
|
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 03/31/2025; Exercise Price: $5.21(c) | | | $88,537,248 | | | 1,557 | | | $87,486,164 |
Expiration: 03/31/2025; Exercise Price: $523.07(c) | | | 88,537,248 | | | 1,557 | | | 9,996,516 |
Put Options - 1.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $523.06(a)(b)(c) | | | 88,537,248 | | | 1,557 | | | 1,562,839 |
TOTAL PURCHASED OPTIONS
(Cost $90,419,901) | | | | | | | | | 99,045,519 |
TOTAL INVESTMENTS - 114.2%
(Cost $90,419,901) | | | | | | | | | $99,045,519 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 227,478 |
Liabilities in Excess of Other Assets - (14.5)% | | | | | | | | | (12,576,858) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $86,696,139 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (14.4)%
|
Call Options - (13.5)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $556.70(a)(b) | | | $(177,074,496) | | | (3,114) | | | $(11,687,060) |
Put Options - (0.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $475.98(a)(b) | | | (88,537,248) | | | (1,557) | | | (832,170) |
TOTAL WRITTEN OPTIONS
(Premiums received $9,142,725) | | | | | | | | | $(12,519,230) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $99,045,519 | | | 114.2% |
Written Options | | | (12,519,230) | | | (14.4) |
Money Market Deposit Account | | | 227,478 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (57,628) | | | (0.1) |
| | | $86,696,139 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated 9 Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 126.6%
|
Call Options - 126.2%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $4.72(c) | | | $94,053,056 | | | 1,654 | | | $93,102,667 |
Expiration: 12/31/2024; Exercise Price: $475.30(c) | | | 94,053,056 | | | 1,654 | | | 16,249,971 |
Put Options - 0.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $475.30(a)(b)(c) | | | 94,053,056 | | | 1,654 | | | 335,085 |
TOTAL PURCHASED OPTIONS
(Cost $87,314,262) | | | | | | | | | 109,687,723 |
TOTAL INVESTMENTS - 126.6%
(Cost $87,314,262) | | | | | | | | | $109,687,723 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 235,178 |
Liabilities in Excess of Other Assets - (26.9)% | | | | | | | | | (23,307,382) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $86,615,519 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated 9 Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (26.8)%
|
Call Options - (26.6)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $505.49(a)(b) | | | $(188,106,112) | | | (3,308) | | | $(23,059,770) |
Put Options - (0.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $432.52(a)(b) | | | (94,053,056) | | | (1,654) | | | (189,648) |
TOTAL WRITTEN OPTIONS
(Premiums received $8,865,505) | | | | | | | | | $(23,249,418) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $109,687,723 | | | 126.6% |
Written Options | | | (23,249,418) | | | (26.8) |
Money Market Deposit Account | | | 235,178 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (57,964) | | | (0.1) |
| | | $86,615,519 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated 9 Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 113.1%
|
Call Options - 109.9%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 06/30/2025; Exercise Price: $5.41(c) | | | $152,452,384 | | | 2,681 | | | $150,311,686 |
Expiration: 06/30/2025; Exercise Price: $544.20(c) | | | 152,452,384 | | | 2,681 | | | 15,044,431 |
Put Options - 3.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.20(a)(b)(c) | | | 152,452,384 | | | 2,681 | | | 4,812,664 |
TOTAL PURCHASED OPTIONS
(Cost $164,117,821) | | | | | | | | | 170,168,781 |
TOTAL INVESTMENTS - 113.1%
(Cost $164,117,821) | | | | | | | | | $170,168,781 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 434,973 |
Liabilities in Excess of Other Assets - (13.4)% | | | | | | | | | (20,212,193) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $150,391,561 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated 9 Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (13.4)%
|
Call Options - (11.6)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $577.74(a)(b) | | | $(304,904,768) | | | (5,362) | | | $(17,395,454) |
Put Options - (1.8)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $495.22(a)(b) | | | (152,452,384) | | | (2,681) | | | (2,717,194) |
TOTAL WRITTEN OPTIONS
(Premiums received $18,144,009) | | | | | | | | | $(20,112,648) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $170,168,781 | | | 113.1% |
Written Options | | | (20,112,648) | | | (13.4) |
Money Market Deposit Account | | | 434,973 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (99,545) | | | 0.0 |
| | | $150,391,561 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated 9 Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 111.5%
|
Call Options - 106.3%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 09/30/2025; Exercise Price: $5.70(c) | | | $66,701,472 | | | 1,173 | | | $65,648,118 |
Expiration: 09/30/2025; Exercise Price: $573.74(c) | | | 66,701,472 | | | 1,173 | | | 5,148,309 |
Put Options - 5.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price:
$573.74(a)(b)(c) | | | 66,701,472 | | | 1,173 | | | 3,438,966 |
TOTAL PURCHASED OPTIONS
(Cost $74,999,464) | | | | | | | | | 74,235,393 |
TOTAL INVESTMENTS - 111.5%
(Cost $74,999,464) | | | | | | | | | $74,235,393 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 205,764 |
Liabilities in Excess of Other Assets - (11.8)% | | | | | | | | | (7,881,455) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $66,559,702 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated 9 Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (11.8)%
|
Call Options - (8.7)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $605.95(a)(b) | | | $(133,402,944) | | | (2,346) | | | $(5,795,629) |
Put Options - (3.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $522.10(a)(b) | | | (66,701,472) | | | (1,173) | | | (2,042,134) |
TOTAL WRITTEN OPTIONS
(Premiums received $8,378,544) | | | | | | | | | $(7,837,763) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $74,235,393 | | | 111.5% |
Written Options | | | (7,837,763) | | | (11.8) |
Money Market Deposit Account | | | 205,764 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (43,692) | | | 0.0 |
| | | $66,559,702 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 109.9%
|
Call Options - 109.9%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 03/31/2025; Exercise Price: $5.26(c) | | | $7,733,504 | | | 136 | | | $7,641,028 |
Expiration: 03/31/2025; Exercise Price: $523.08(c) | | | 7,733,504 | | | 136 | | | 873,056 |
TOTAL PURCHASED OPTIONS
(Cost $7,555,215) | | | | | | | | | 8,514,084 |
TOTAL INVESTMENTS - 109.9%
(Cost $7,555,215) | | | | | | | | | $8,514,084 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 27,174 |
Liabilities in Excess of Other Assets - (10.3)% | | | | | | | | | (797,176) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $7,744,082 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (10.2)%
|
Call Options - (10.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $568.63(a)(b) | | | $(15,467,008) | | | (272) | | | $(792,282) |
TOTAL WRITTEN OPTIONS
(Premiums received $509,512) | | | | | | | | | $(792,282) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $8,514,084 | | | 109.9% |
Written Options | | | (792,282) | | | (10.2) |
Money Market Deposit Account | | | 27,174 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (4,894) | | | (0.1) |
| | | $7,744,082 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 122.1%
|
Call Options - 122.1%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $4.78(c) | | | $10,292,384 | | | 181 | | | $10,187,310 |
Expiration: 12/31/2024; Exercise Price: $475.31(c) | | | 10,292,384 | | | 181 | | | 1,778,088 |
TOTAL PURCHASED OPTIONS
(Cost $9,626,967) | | | | | | | | | 11,965,398 |
TOTAL INVESTMENTS - 122.1%
(Cost $9,626,967) | | | | | | | | | $11,965,398 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 10,992 |
Liabilities in Excess of Other Assets - (22.2)% | | | | | | | | | (2,175,602) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $9,800,788 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (22.1)%
|
Call Options - (22.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $516.19(a)(b) | | | $(20,584,768) | | | (362) | | | $(2,169,057) |
TOTAL WRITTEN OPTIONS
(Premiums received $790,134) | | | | | | | | | $(2,169,057) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $11,965,398 | | | 122.1% |
Written Options | | | (2,169,057) | | | (22.1) |
Money Market Deposit Account | | | 10,992 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (6,545) | | | (0.1) |
| | | $9,800,788 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 109.0%
| | | | | | | | | |
Call Options - 109.0%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 06/30/2025; Exercise Price: $5.47(c) | | | $11,031,616 | | | 194 | | | $10,875,586 |
Expiration: 06/30/2025; Exercise Price: $544.22(c) | | | 11,031,616 | | | 194 | | | 1,088,336 |
TOTAL PURCHASED OPTIONS
(Cost $11,210,752) | | | | | | | | | 11,963,922 |
TOTAL INVESTMENTS - 109.0%
(Cost $11,210,752) | | | | | | | | | $11,963,922 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 17,379 |
Liabilities in Excess of Other Assets - (9.2)% | | | | | | | | | (1,005,325) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $10,975,976 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (9.1)%
| | | | | | | | | |
Call Options - (9.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $588.85(a)(b) | | | $(22,063,232) | | | (388) | | | $(998,200) |
TOTAL WRITTEN OPTIONS
(Premiums received $751,537) | | | | | | | | | $(998,200) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $11,963,922 | | | 109.0% |
Written Options | | | (998,200) | | | (9.1) |
Money Market Deposit Account | | | 17,379 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (7,125) | | | (0.1) |
| | | $10,975,976 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 106.5%
| | | | | | | | | |
Call Options - 106.5%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 09/30/2025; Exercise Price: $5.77(c) | | | $5,174,624 | | | 91 | | | $5,092,295 |
Expiration: 09/30/2025; Exercise Price: $573.76(c) | | | 5,174,624 | | | 91 | | | 399,279 |
TOTAL PURCHASED OPTIONS
(Cost $5,551,163) | | | | | | | | | 5,491,574 |
TOTAL INVESTMENTS - 106.5%
(Cost $5,551,163) | | | | | | | | | $5,491,574 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 15,283 |
Liabilities in Excess of Other Assets - (6.8)% | | | | | | | | | (350,962) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $5,155,895 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (6.7)%
| | | | | | | | | |
Call Options - (6.7)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $617.71(a)(b) | | | $(10,349,248) | | | (182) | | | $(347,267) |
TOTAL WRITTEN OPTIONS
(Premiums received $383,209) | | | | | | | | | $(347,267) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $5,491,574 | | | 106.5% |
Written Options | | | (347,267) | | | (6.7) |
Money Market Deposit Account | | | 15,283 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (3,695) | | | (0.1) |
| | | $5,155,895 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.9%
|
Call Options - 101.9%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $1.45(c) | | | $51,348,192 | | | 903 | | | $51,120,618 |
Expiration: 12/31/2024; Exercise Price: $573.76(c) | | | 51,348,192 | | | 903 | | | 1,320,556 |
TOTAL PURCHASED OPTIONS
(Cost $53,347,250) | | | | | | | | | 52,441,174 |
TOTAL INVESTMENTS - 101.9%
(Cost $53,347,250) | | | | | | | | | $52,441,174 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 56,325 |
Liabilities in Excess of Other Assets - (2.0)% | | | | | | | | | (1,023,500) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $51,473,999 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.9)%
|
Call Options - (1.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $592.92(a)(b) | | | $(102,696,384) | | | (1,806) | | | $(987,214) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,659,349) | | | | | | | | | $(987,214) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $52,441,174 | | | 101.9% |
Written Options | | | (987,214) | | | (1.9) |
Money Market Deposit Account | | | 56,325 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (36,286) | | | (0.1) |
| | | $51,473,999 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated Plus ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 121.9%
|
Call Options - 121.9%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 03/31/2025; Exercise Price: $5.20(c) | | | $10,974,752 | | | 193 | | | $10,844,653 |
Expiration: 03/31/2025; Exercise Price: $523.06(c) | | | 21,949,504 | | | 386 | | | 2,478,587 |
TOTAL PURCHASED OPTIONS
(Cost $11,768,310) | | | | | | | | | 13,323,240 |
TOTAL INVESTMENTS - 121.9%
(Cost $11,768,310) | | | | | | | | | $13,323,240 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 32,531 |
Liabilities in Excess of Other Assets - (22.2)% | | | | | | | | | (2,430,625) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $10,925,146 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated Plus ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (22.2)%
|
Call Options - (22.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $550.90(a)(b) | | | $(32,924,256) | | | (579) | | | $(2,423,624) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,531,296) | | | | | | | | | $(2,423,624) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $13,323,240 | | | 121.9% |
Written Options | | | (2,423,624) | | | (22.2) |
Money Market Deposit Account | | | 32,531 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (7,001) | | | 0.0 |
| | | $10,925,146 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated Plus ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 141.4%
| | | | | | | | | |
Call Options - 141.4%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 12/31/2024; Exercise Price: $4.71(c) | | | $18,082,752 | | | 318 | | | $17,900,344 |
Expiration: 12/31/2024; Exercise Price: $475.28(c) | | | 36,165,504 | | | 636 | | | 6,249,698 |
TOTAL PURCHASED OPTIONS
(Cost $19,633,173) | | | | | | | | | 24,150,042 |
TOTAL INVESTMENTS - 141.4%
(Cost $19,633,173) | | | | | | | | | $24,150,042 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 32,530 |
Liabilities in Excess of Other Assets - (41.6)% | | | | | | | | | (7,108,719) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $17,073,853 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated Plus ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (41.6)%
| | | | | | | | | |
Call Options - (41.6)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $500.45(a)(b) | | | $(54,248,256) | | | (954) | | | $(7,097,102) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,402,216) | | | | | | | | | $(7,097,102) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $24,150,042 | | | 141.4% |
Written Options | | | (7,097,102) | | | (41.6) |
Money Market Deposit Account | | | 32,530 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (11,617) | | | 0.0 |
| | | $17,073,853 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated Plus ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 119.1%
| | | | | | | | | |
Call Options - 119.1%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 06/30/2025; Exercise Price: $5.39(c) | | | $11,543,392 | | | 203 | | | $11,381,696 |
Expiration: 06/30/2025; Exercise Price: $544.19(c) | | | 23,086,784 | | | 406 | | | 2,278,578 |
TOTAL PURCHASED OPTIONS
(Cost $12,712,219) | | | | | | | | | 13,660,274 |
TOTAL INVESTMENTS - 119.1%
(Cost $12,712,219) | | | | | | | | | $13,660,274 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 23,484 |
Liabilities in Excess of Other Assets - (19.3)% | | | | | | | | | (2,213,977) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $11,469,781 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated Plus ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (19.2)%
| | | | | | | | | |
Call Options - (19.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $571.92(a)(b) | | | $(34,630,176) | | | (609) | | | $(2,206,145) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,656,144) | | | | | | | | | $(2,206,145) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $13,660,274 | | | 119.1% |
Written Options | | | (2,206,145) | | | (19.2) |
Money Market Deposit Account | | | 23,484 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (7,832) | | | (0.1) |
| | | $11,469,781 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated Plus ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 114.1%
| | | | | | | | | |
Call Options - 114.1%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 09/30/2025; Exercise Price: $5.69(c) | | | $14,329,728 | | | 252 | | | $14,103,674 |
Expiration: 09/30/2025; Exercise Price: $573.73(c) | | | 28,659,456 | | | 504 | | | 2,212,394 |
TOTAL PURCHASED OPTIONS
(Cost $16,574,029) | | | | | | | | | 16,316,068 |
TOTAL INVESTMENTS - 114.1%
(Cost $16,574,029) | | | | | | | | | $16,316,068 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 60,403 |
Liabilities in Excess of Other Assets - (14.5)% | | | | | | | | | (2,074,403) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $14,302,068 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Accelerated Plus ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (14.4)%
| | | | | | | | | |
Call Options - (14.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $601.01(a)(b) | | | $(42,989,184) | | | (756) | | | $(2,065,339) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,247,131) | | | | | | | | | $(2,065,339) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $16,316,068 | | | 114.1% |
Written Options | | | (2,065,339) | | | (14.4) |
Money Market Deposit Account | | | 60,403 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (9,064) | | | (0.1) |
| | | $14,302,068 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.7%
| | | | | | | | | |
Call Options - 99.9%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise
Price: $5.24(a)(b)(c) | | | $264,019,552 | | | 4,643 | | | $260,871,552 |
Put Options - 1.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise
Price: $523.08(a)(b)(c) | | | 264,019,552 | | | 4,643 | | | 4,661,711 |
TOTAL PURCHASED OPTIONS
(Cost $248,980,419) | | | | | | | | | 265,533,263 |
TOTAL INVESTMENTS - 101.7%
(Cost $248,980,419) | | | | | | | | | $265,533,263 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 805,220 |
Liabilities in Excess of Other Assets - (2.0)% | | | | | | | | | (5,274,002) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $261,064,481 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.9)%
| | | | | | | | | |
Call Options - (1.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise
Price: $618.95(a)(b) | | | $(264,019,552) | | | (4,643) | | | $(2,608,670) |
Put Options - (0.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise
Price: $475.99(a)(b) | | | (264,019,552) | | | (4,643) | | | (2,481,869) |
TOTAL WRITTEN OPTIONS
(Premiums received $7,842,443) | | | | | | | | | $(5,090,539) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $265,533,263 | | | 101.7% |
Written Options | | | (5,090,539) | | | (1.9) |
Money Market Deposit Account | | | 805,220 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (183,463) | | | (0.1) |
| | | $261,064,481 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - August
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.3%
| | | | | | | | | |
Call Options - 99.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $5.52(a)(b)(c) | | | $182,590,304 | | | 3,211 | | | $180,119,087 |
Put Options - 3.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $550.83(a)(b)(c) | | | 182,590,304 | | | 3,211 | | | 6,635,756 |
TOTAL PURCHASED OPTIONS
(Cost $181,895,688) | | | | | | | | | 186,754,843 |
TOTAL INVESTMENTS - 103.3%
(Cost $181,895,688) | | | | | | | | | $186,754,843 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 532,942 |
Liabilities in Excess of Other Assets - (3.6)% | | | | | | | | | (6,471,061) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $180,816,724 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - August
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.5)%
| | | | | | | | | |
Call Options - (1.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise
Price: $639.44(a)(b) | | | $(182,590,304) | | | (3,211) | | | $(2,519,929) |
Put Options - (2.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise
Price: $501.24(a)(b) | | | (182,590,304) | | | (3,211) | | | (3,830,723) |
TOTAL WRITTEN OPTIONS
(Premiums received $6,425,082) | | | | | | | | | $(6,350,652) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $186,754,843 | | | 103.3% |
Written Options | | | (6,350,652) | | | (3.5) |
Money Market Deposit Account | | | 532,942 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (120,409) | | | (0.1) |
| | | $180,816,724 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - December
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 106.2%
| | | | | | | | | |
Call Options - 106.1%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $4.58(a)(b)(c) | | | $134,085,312 | | | 2,358 | | | $133,140,273 |
Put Options - 0.1%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $456.41(a)(b)(c) | | | 134,085,312 | | | 2,358 | | | 159,188 |
TOTAL PURCHASED OPTIONS
(Cost $111,161,337) | | | | | | | | | 133,299,461 |
TOTAL INVESTMENTS - 106.2%
(Cost $111,161,337) | | | | | | | | | $133,299,461 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 338,846 |
Liabilities in Excess of Other Assets - (6.5)% | | | | | | | | | (8,134,627) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $125,503,680 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - December
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (6.4)%
| | | | | | | | | |
Call Options - (6.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $542.02(a)(b) | | | $(134,085,312) | | | (2,358) | | | $(7,945,540) |
Put Options - (0.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $415.32(a)(b) | | | (134,085,312) | | | (2,358) | | | (103,870) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,439,288) | | | | | | | | | $(8,049,410) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $133,299,461 | | | 106.2% |
Written Options | | | (8,049,410) | | | (6.4) |
Money Market Deposit Account | | | 338,846 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (85,217) | | | (0.1) |
| | | $125,503,680 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - February
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.8%
| | | | | | | | | |
Call Options - 104.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price:
$4.84(a)(b)(c) | | | $138,065,792 | | | 2,428 | | | $136,678,093 |
Put Options - 0.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price:
$482.89(a)(b)(c) | | | 138,065,792 | | | 2,428 | | | 846,959 |
TOTAL PURCHASED OPTIONS
(Cost $123,630,988) | | | | | | | | | 137,525,052 |
TOTAL INVESTMENTS - 104.8%
(Cost $123,630,988) | | | | | | | | | $137,525,052 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 373,178 |
Liabilities in Excess of Other Assets - (5.1)% | | | | | | | | | (6,730,327) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $131,167,903 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - February
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.1)%
| | | | | | | | | |
Call Options - (4.7)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $564.63(a)(b) | | | $(138,065,792) | | | (2,428) | | | $(6,092,507) |
Put Options - (0.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $439.42(a)(b) | | | (138,065,792) | | | (2,428) | | | (550,865) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,584,682) | | | | | | | | | $(6,643,372) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $137,525,052 | | | 104.8% |
Written Options | | | (6,643,372) | | | (5.1 ) |
Money Market Deposit Account | | | 373,178 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (86,955) | | | 0.0 |
| | | $131,167,903 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.2%
| | | | | | | | | |
Call Options - 103.9%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price:
$4.77(a)(b)(c) | | | $265,668,608 | | | 4,672 | | | $262,960,997 |
Put Options - 0.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price:
$475.32(a)(b)(c) | | | 265,668,608 | | | 4,672 | | | 946,781 |
TOTAL PURCHASED OPTIONS
(Cost $228,570,212) | | | | | | | | | 263,907,778 |
TOTAL INVESTMENTS - 104.2%
(Cost $228,570,212) | | | | | | | | | $263,907,778 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 709,238 |
Liabilities in Excess of Other Assets - (4.5)% | | | | | | | | | (11,495,506) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $253,121,510 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.5)%
| | | | | | | | | |
Call Options - (4.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $560.87(a)(b) | | | $(265,668,608) | | | (4,672) | | | $(10,793,816) |
Put Options - (0.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $432.53(a)(b) | | | (265,668,608) | | | (4,672) | | | (535,738) |
TOTAL WRITTEN OPTIONS
(Premiums received $7,356,514) | | | | | | | | | $(11,329,554) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $263,907,778 | | | 104.2% |
Written Options | | | (11,329,554) | | | (4.5) |
Money Market Deposit Account | | | 709,238 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (165,952) | | | 0.0 |
| | | $253,121,510 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.7%
| | | | | | | | | |
Call Options - 99.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price:
$5.46(a)(b)(c) | | | $262,086,176 | | | 4,609 | | | $258,383,720 |
Put Options - 3.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price:
$544.24(a)(b)(c) | | | 262,086,176 | | | 4,609 | | | 8,277,488 |
TOTAL PURCHASED OPTIONS
(Cost $256,739,884) | | | | | | | | | 266,661,208 |
TOTAL INVESTMENTS - 102.7%
(Cost $256,739,884) | | | | | | | | | $266,661,208 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 800,589 |
Liabilities in Excess of Other Assets - (3.0)% | | | | | | | | | (7,695,519) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $259,766,278 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.9)%
| | | | | | | | | |
Call Options - (1.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $638.97(a)(b) | | | $(262,086,176) | | | (4,609) | | | $(2,849,238) |
Put Options - (1.8)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $495.24(a)(b) | | | (262,086,176) | | | (4,609) | | | (4,672,327) |
TOTAL WRITTEN OPTIONS
(Premiums received $8,022,869) | | | | | | | | | $(7,521,565) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $266,661,208 | | | 102.7% |
Written Options | | | (7,521,565) | | | (2.9) |
Money Market Deposit Account | | | 800,589 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (173,954) | | | (0.1) |
| | | $259,766,278 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - June
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.1%
| | | | | | | | | |
Call Options - 100.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price:
$5.28(a)(b)(c) | | | $153,817,120 | | | 2,705 | | | $152,034,065 |
Put Options - 2.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price:
$527.38(a)(b)(c) | | | 153,817,120 | | | 2,705 | | | 3,560,510 |
TOTAL PURCHASED OPTIONS
(Cost $146,848,093) | | | | | | | | | 155,594,575 |
TOTAL INVESTMENTS - 103.1%
(Cost $146,848,093) | | | | | | | | | $155,594,575 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 497,510 |
Liabilities in Excess of Other Assets - (3.4)% | | | | | | | | | (5,154,634) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $150,937,451 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - June
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.3)%
| | | | | | | | | |
Call Options - (2.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $615.18(a)(b) | | | $(153,817,120) | | | (2,705) | | | $(3,061,519) |
Put Options - (1.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $479.91(a)(b) | | | (153,817,120) | | | (2,705) | | | (1,993,396) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,747,380) | | | | | | | | | $(5,054,915) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $155,594,575 | | | 103.1% |
Written Options | | | (5,054,915) | | | (3.3) |
Money Market Deposit Account | | | 497,510 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (99,719) | | | (0.1) |
| | | $150,937,451 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - March
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.0%
| | | | | | | | | |
Call Options - 100.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price:
$5.09(a)(b)(c) | | | $177,074,496 | | | 3,114 | | | $175,352,454 |
Put Options - 1.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price:
$508.09(a)(b)(c) | | | 177,074,496 | | | 3,114 | | | 2,095,722 |
TOTAL PURCHASED OPTIONS
(Cost $163,055,619) | | | | | | | | | 177,448,176 |
TOTAL INVESTMENTS - 102.0%
(Cost $163,055,619) | | | | | | | | | $177,448,176 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 520,061 |
Liabilities in Excess of Other Assets - (2.3)% | | | | | | | | | (4,013,459) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $173,954,778 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - March
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.2)%
| | | | | | | | | |
Call Options - (1.6)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $600.80(a)(b) | | | $(177,074,496) | | | (3,114) | | | $(2,755,890) |
Put Options - (0.6)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $462.35(a)(b) | | | (177,074,496) | | | (3,114) | | | (1,117,926) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,952,831) | | | | | | | | | $(3,873,816) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $177,448,176 | | | 102.0% |
Written Options | | | (3,873,816) | | | (2.2) |
Money Market Deposit Account | | | 520,061 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (139,643) | | | (0.1) |
| | | $173,954,778 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - May
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.9%
| | | | | | | | | |
Call Options - 102.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price:
$5.03(a)(b)(c) | | | $135,506,912 | | | 2,383 | | | $133,959,630 |
Put Options - 1.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price:
$501.99(a)(b)(c) | | | 135,506,912 | | | 2,383 | | | 2,058,841 |
TOTAL PURCHASED OPTIONS
(Cost $122,786,185) | | | | | | | | | 136,018,471 |
TOTAL INVESTMENTS - 103.9%
(Cost $122,786,185) | | | | | | | | | $136,018,471 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 369,714 |
Liabilities in Excess of Other Assets - (4.2)% | | | | | | | | | (5,508,804) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $130,879,381 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - May
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.1)%
| | | | | | | | | |
Call Options - (3.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $593.44(a)(b) | | | $(135,506,912) | | | (2,383) | | | $(4,247,865) |
Put Options - (0.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $456.80(a)(b) | | | (135,506,912) | | | (2,383) | | | (1,173,102) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,162,350) | | | | | | | | | $(5,420,967) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $136,018,471 | | | 103.9% |
Written Options | | | (5,420,967) | | | (4.1) |
Money Market Deposit Account | | | 369,714 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (87,837) | | | (0.1) |
| | | $130,879,381 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - November
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.3%
| | | | | | | | | |
Call Options - 99.1%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price:
$5.70(a)(b)(c) | | | $100,364,960 | | | 1,765 | | | $98,633,495 |
Put Options - 5.2%
| | | | | | | | | |
SPDR S&P 500 ETF
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $568.66(a)(b)(c) | | | 100,364,960 | | | 1,765 | | | 5,127,325 |
TOTAL PURCHASED OPTIONS
(Cost $103,770,168) | | | | | | | | | 103,760,820 |
TOTAL INVESTMENTS - 104.3%
(Cost $103,770,168) | | | | | | | | | $103,760,820 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 247,812 |
Liabilities in Excess of Other Assets - (4.5)% | | | | | | | | | (4,433,177) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $99,575,455 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - November
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.5)%
| | | | | | | | | |
Call Options - (1.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $659.11(a)(b) | | | $(100,364,960) | | | (1,765) | | | $(1,366,110) |
Put Options - (3.1)%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $517.46 | | | (100,364,960) | | | (1,765) | | | (3,076,395) |
Total Put Options | | | | | | | | | (3,076,395) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,433,034) | | | | | | | | | $(4,442,505) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
| | | | | | |
Purchased Options | | | $103,760,820 | | | 104.3% |
Written Options | | | (4,442,505) | | | (4.5) |
Money Market Deposit Account | | | 247,812 | | | 0.2 |
Other Assets in Excess of Other Assets | | | 9,328 | | | 0.0(a) |
| | | $99,575,455 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.0%
| |
Call Options - 98.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price:
$5.75(a)(b)(c) | | | $233,938,496 | | | 4,114 | | | $230,224,377 |
Put Options - 5.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price:
$573.78(a)(b)(c) | | | 233,938,496 | | | 4,114 | | | 12,066,239 |
TOTAL PURCHASED OPTIONS
(Cost $243,543,981) | | | | | | | | | 242,290,616 |
TOTAL INVESTMENTS - 104.0%
(Cost $243,543,981) | | | | | | | | | $242,290,616 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 715,645 |
Liabilities in Excess of Other Assets - (4.3)% | | | | | | | | | (9,954,585) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $233,051,676 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.2)%
| |
Call Options - (1.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $658.73(a)(b) | | | $(233,938,496) | | | (4,114) | | | $(2,653,736) |
Put Options - (3.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $522.12(a)(b) | | | (233,938,496) | | | (4,114) | | | (7,163,708) |
TOTAL WRITTEN OPTIONS
(Premiums received $9,993,967) | | | | | | | | | $(9,817,444) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $242,290,616 | | | 104.0% |
Written Options | | | (9,817,444) | | | (4.2) |
Money Market Deposit Account | | | 715,645 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (137,141) | | | (0.1) |
| | | $233,051,676 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - September
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.6%
| |
Call Options - 99.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $5.65(a)(b)(c) | | | $203,345,664 | | | 3,576 | | | $200,688,803 |
Put Options - 4.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $563.70(a)(b)(c) | | | 203,345,664 | | | 3,576 | | | 8,857,931 |
TOTAL PURCHASED OPTIONS
(Cost $207,166,167) | | | | | | | | | 209,546,734 |
TOTAL INVESTMENTS - 103.6%
(Cost $207,166,167) | | | | | | | | | $209,546,734 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 625,068 |
Liabilities in Excess of Other Assets - (3.9)% | | | | | | | | | (7,973,774) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $202,198,028 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Buffer ETF - September
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.9)%
| |
Call Options - (1.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $648.34(a)(b) | | | $(203,345,664) | | | (3,576) | | | $(2,663,083) |
Put Options - (2.6)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $512.95(a)(b) | | | (203,345,664) | | | (3,576) | | | (5,176,582) |
TOTAL WRITTEN OPTIONS
(Premiums received $7,733,924) | | | | | | | | | $(7,839,665) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $209,546,734 | | | 103.6% |
Written Options | | | (7,839,665) | | | (3.9) |
Money Market Deposit Account | | | 625,068 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (134,109) | | | 0.0 |
| | | $202,198,028 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.6%
|
Call Options - 100.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.23(a)(b)(c) | | | $802,635,360 | | | 14,115 | | | $792,656,055 |
Put Options - 1.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $523.07(a)(b)(c) | | | 802,635,360 | | | 14,115 | | | 14,086,770 |
TOTAL PURCHASED OPTIONS
(Cost $757,766,197) | | | | | | | | | 806,742,825 |
TOTAL INVESTMENTS - 102.6%
(Cost $757,766,197) | | | | | | | | | $806,742,825 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 2,288,125 |
Liabilities in Excess of Other Assets - (2.9)% | | | | | | | | | (22,740,164) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $786,290,786 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.8)%
|
Call Options - (2.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $598.71(a)(b) | | | $(802,635,360) | | | (14,115) | | | $(17,093,265) |
Put Options - (0.6)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $444.61(a)(b) | | | (802,635,360) | | | (14,115) | | | (5,151,975) |
TOTAL WRITTEN OPTIONS
(Premiums received $23,756,445) | | | | | | | | | $(22,245,240) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $806,742,825 | | | 102.6% |
Written Options | | | (22,245,240) | | | (2.8) |
Money Market Deposit Account | | | 2,288,125 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (494,924) | | | (0.1) |
| | | $786,290,786 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - August
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.6%
|
Call Options - 99.9%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $5.51(a)(b)(c) | | | $862,968,064 | | | 15,176 | | | $851,303,032 |
Put Options - 3.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $550.81(a)(b)(c) | | | 862,968,064 | | | 15,176 | | | 31,355,285 |
TOTAL PURCHASED OPTIONS
(Cost $856,985,887) | | | | | | | | | 882,658,317 |
TOTAL INVESTMENTS - 103.6%
(Cost $856,985,887) | | | | | | | | | $882,658,317 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 2,553,704 |
Liabilities in Excess of Other Assets - (3.9)% | | | | | | | | | (33,265,443) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $851,946,578 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - August
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.8)%
|
Call Options - (2.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $621.37(a)(b) | | | $(862,968,064) | | | (15,176) | | | $(20,246,757) |
Put Options - (1.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $468.19(a)(b) | | | (862,968,064) | | | (15,176) | | | (12,453,425) |
TOTAL WRITTEN OPTIONS
(Premiums received $30,372,688) | | | | | | | | | $(32,700,182) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $882,658,317 | | | 103.6% |
Written Options | | | (32,700,182) | | | (3.8) |
Money Market Deposit Account | | | 2,553,704 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (565,261) | | | (0.1) |
| | | $851,946,578 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - December
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 110.0%
|
Call Options - 109.9%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $4.56(a)(b)(c) | | | $817,021,952 | | | 14,368 | | | $810,613,824 |
Put Options - 0.1%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $456.40(a)(b)(c) | | | 817,021,952 | | | 14,368 | | | 1,034,496 |
TOTAL PURCHASED OPTIONS
(Cost $674,375,952) | | | | | | | | | 811,648,320 |
TOTAL INVESTMENTS - 110.0%
(Cost $674,375,952) | | | | | | | | | $811,648,320 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 2,083,128 |
Liabilities in Excess of Other Assets - (10.3)% | | | | | | | | | (75,945,170) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $737,786,278 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - December
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (10.2)%
|
Call Options - (10.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $521.07(a)(b) | | | $(817,021,952) | | | (14,368) | | | $(75,000,960) |
Put Options - (0.0)%(c)
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $387.94(a)(b) | | | (817,021,952) | | | (14,368) | | | (474,144) |
TOTAL WRITTEN OPTIONS
(Premiums received $21,666,321) | | | | | | | | | $(75,475,104) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
(c)
| Represents less than 0.05% of net assets. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $811,648,320 | | | 110.0% |
Written Options | | | (75,475,104) | | | (10.2) |
Money Market Deposit Account | | | 2,083,128 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (470,066) | | | (0.1) |
| | | $737,786,278 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - February
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 107.3%
|
Call Options - 106.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $4.83(a)(b)(c) | | | $694,536,896 | | | 12,214 | | | $687,568,199 |
Put Options - 0.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $482.88(a)(b)(c) | | | 694,536,896 | | | 12,214 | | | 4,260,243 |
TOTAL PURCHASED OPTIONS
(Cost $612,670,673) | | | | | | | | | 691,828,442 |
TOTAL INVESTMENTS - 107.3%
(Cost $612,670,673) | | | | | | | | | $691,828,442 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 1,863,481 |
Liabilities in Excess of Other Assets - (7.6)% | | | | | | | | | (49,127,051) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $644,564,872 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - February
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (7.6)%
|
Call Options - (7.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $546.86(a)(b) | | | $(694,536,896) | | | (12,214) | | | $(46,646,609) |
Put Options - (0.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $410.45(a)(b) | | | (694,536,896) | | | (12,214) | | | (2,035,097) |
TOTAL WRITTEN OPTIONS
(Premiums received $19,973,996) | | | | | | | | | $(48,681,706) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $691,828,442 | | | 107.3% |
Written Options | | | (48,681,706) | | | (7.6) |
Money Market Deposit Account | | | 1,863,481 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (445,345) | | | 0.0 |
| | | $644,564,872 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 106.9%
|
Call Options - 106.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.75(a)(b)(c) | | | $1,061,878,336 | | | 18,674 | | | $1,051,092,980 |
Put Options - 0.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $475.31(a)(b)(c) | | | 1,061,878,336 | | | 18,674 | | | 3,783,726 |
TOTAL PURCHASED OPTIONS
(Cost $908,963,103) | | | | | | | | | 1,054,876,706 |
TOTAL INVESTMENTS - 106.9%
(Cost $908,963,103) | | | | | | | | | $1,054,876,706 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 2,848,015 |
Liabilities in Excess of Other Assets - (7.2)% | | | | | | | | | (70,842,621) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $986,882,100 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (7.1)%
|
Call Options - (6.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $543.04(a)(b) | | | $(1,061,878,336) | | | (18,674) | | | $(68,603,047) |
Put Options - (0.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $404.01(a)(b) | | | (1,061,878,336) | | | (18,674) | | | (1,577,953) |
TOTAL WRITTEN OPTIONS
(Premiums received $28,522,889) | | | | | | | | | $(70,181,000) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $1,054,876,706 | | | 106.9% |
Written Options | | | (70,181,000) | | | (7.1) |
Money Market Deposit Account | | | 2,848,015 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (661,621) | | | (0.1) |
| | | $986,882,100 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.0%
|
Call Options - 99.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.44(a)(b)(c) | | | $984,372,704 | | | 17,311 | | | $969,173,646 |
Put Options - 3.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $544.22(a)(b)(c) | | | 984,372,704 | | | 17,311 | | | 31,557,953 |
TOTAL PURCHASED OPTIONS
(Cost $965,201,049) | | | | | | | | | 1,000,731,599 |
TOTAL INVESTMENTS - 103.0%
(Cost $965,201,049) | | | | | | | | | $1,000,731,599 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 2,893,148 |
Liabilities in Excess of Other Assets - (3.3)% | | | | | | | | | (32,460,779) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $971,163,968 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.3)%
|
Call Options - (2.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $618.78(a)(b) | | | $(984,372,704) | | | (17,311) | | | $(19,803,784) |
Put Options - (1.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $462.59(a)(b) | | | (984,372,704) | | | (17,311) | | | (12,065,767) |
TOTAL WRITTEN OPTIONS
(Premiums received $29,994,442) | | | | | | | | | $(31,869,551) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $1,000,731,599 | | | 103.0% |
Written Options | | | (31,869,551) | | | (3.3) |
Money Market Deposit Account | | | 2,893,148 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (591,228) | | | 0.0 |
| | | $971,163,968 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - June
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.0%
|
Call Options - 101.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $5.27(a)(b)(c) | | | $631,759,040 | | | 11,110 | | | $624,004,260 |
Put Options - 2.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $527.37(a)(b)(c) | | | 631,759,040 | | | 11,110 | | | 14,976,280 |
TOTAL PURCHASED OPTIONS
(Cost $601,865,642) | | | | | | | | | 638,980,540 |
TOTAL INVESTMENTS - 104.0%
(Cost $601,865,642) | | | | | | | | | $638,980,540 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 1,874,303 |
Liabilities in Excess of Other Assets - (4.3)% | | | | | | | | | (26,609,076) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $614,245,767 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - June
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.3)%
|
Call Options - (3.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $597.98(a)(b) | | | $(631,759,040) | | | (11,110) | | | $(20,453,510) |
Put Options - (1.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $448.26(a)(b) | | | (631,759,040) | | | (11,110) | | | (5,743,870) |
TOTAL WRITTEN OPTIONS
(Premiums received $18,962,569) | | | | | | | | | $(26,197,380) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $638,980,540 | | | 104.0% |
Written Options | | | (26,197,380) | | | (4.3) |
Money Market Deposit Account | | | 1,874,303 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (411,696) | | | 0.0 |
| | | $614,245,767 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - March
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.7%
|
Call Options - 102.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $5.08(a)(b)(c) | | | $576,885,280 | | | 10,145 | | | $571,300,356 |
Put Options - 1.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $508.08(a)(b)(c) | | | 576,885,280 | | | 10,145 | | | 6,716,700 |
TOTAL PURCHASED OPTIONS
(Cost $529,749,959) | | | | | | | | | 578,017,056 |
TOTAL INVESTMENTS - 103.7%
(Cost $529,749,959) | | | | | | | | | $578,017,056 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 1,618,549 |
Liabilities in Excess of Other Assets - (4.0)% | | | | | | | | | (22,454,089) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $557,181,516 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - March
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.0)%
|
Call Options - (3.5)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $579.52(a)(b) | | | $(576,885,280) | | | (10,145) | | | $(19,576,096) |
Put Options - (0.5)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $431.87(a)(b) | | | (576,885,280) | | | (10,145) | | | (2,507,033) |
TOTAL WRITTEN OPTIONS
(Premiums received $16,800,187) | | | | | | | | | $(22,083,129) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $578,017,056 | | | 103.7% |
Written Options | | | (22,083,129) | | | (4.0) |
Money Market Deposit Account | | | 1,618,549 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (370,960) | | | 0.0 |
| | | $557,181,516 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - May
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.8%
|
Call Options - 104.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price:
$5.02(a)(b)(c) | | | $593,148,384 | | | 10,431 | | | $586,385,654 |
Put Options - 1.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $501.98(a)(b)(c) | | | 593,148,384 | | | 10,431 | | | 9,010,923 |
TOTAL PURCHASED OPTIONS
(Cost $539,955,838) | | | | | | | | | 595,396,577 |
TOTAL INVESTMENTS - 105.8%
(Cost $539,955,838) | | | | | | | | | $595,396,577 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 1,644,447 |
Liabilities in Excess of Other Assets - (6.1)% | | | | | | | | | (34,477,008) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $562,564,016 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - May
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (6.1)%
|
Call Options - (5.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $573.81(a)(b) | | | $(593,148,384) | | | (10,431) | | | $(30,446,629) |
Put Options - (0.7)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $426.68(a)(b) | | | (593,148,384) | | | (10,431) | | | (3,658,464) |
TOTAL WRITTEN OPTIONS
(Premiums received $18,220,037) | | | | | | | | | $(34,105,093) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $595,396,577 | | | 105.8% |
Written Options | | | (34,105,093) | | | (6.1) |
Money Market Deposit Account | | | 1,644,447 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (371,915) | | | 0.0 |
| | | $562,564,016 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - November
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.3%
|
Call Options - 99.1%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price:
$5.69(a)(b)(c) | | | $675,089,408 | | | 11,872 | | | $663,466,720 |
Put Options - 5.2%
| | | | | | | | | |
SPDR S&P 500 ETF
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $568.64(a)(b)(c) | | | 675,089,408 | | | 11,872 | | | 34,500,032 |
TOTAL PURCHASED OPTIONS
(Cost $698,029,265) | | | | | | | | | 697,966,752 |
TOTAL INVESTMENTS - 104.3%
(Cost $698,029,265) | | | | | | | | | $697,966,752 |
Money Market Deposit Account - 0.2%(d) | | | | | | | | | 1,618,056 |
Liabilities in Excess of Other Assets - (4.5)% | | | | | | | | | (30,027,642) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $669,557,166 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - November
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.5)%
|
Call Options - (2.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $639.44(a)(b) | | | $(675,089,408) | | | (11,872) | | | $(15,362,368) |
Put Options - (2.2)%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $483.34 | | | (675,089,408) | | | (11,872) | | | (14,543,200) |
Total Put Options | | | | | | | | | (14,543,200) |
TOTAL WRITTEN OPTIONS
(Premiums received $29,842,224) | | | | | | | | | $(29,905,568) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $697,966,752 | | | 104.3% |
Written Options | | | (29,905,568) | | | (4.5) |
Money Market Deposit Account | | | 1,618,056 | | | 0.2 |
Liabilities in Excess of Other Assets | | | (122,074) | | | 0.0(a) |
| | | $669,557,166 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.9%
|
Call Options - 98.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price:
$5.74(a)(b)(c) | | | $850,401,120 | | | 14,955 | | | $835,416,210 |
Put Options - 5.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price:
$573.76(a)(b)(c) | | | 850,401,120 | | | 14,955 | | | 44,700,495 |
TOTAL PURCHASED OPTIONS
(Cost $885,420,717) | | | | | | | | | 880,116,705 |
TOTAL INVESTMENTS - 103.9%
(Cost $885,420,717) | | | | | | | | | $880,116,705 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 2,613,433 |
Liabilities in Excess of Other Assets - (4.2)% | | | | | | | | | (35,358,965) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $847,371,173 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.1)%
|
Call Options - (1.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $638.94(a)(b) | | | $(850,401,120) | | | (14,955) | | | $(16,480,410) |
Put Options - (2.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $487.70(a)(b) | | | (850,401,120) | | | (14,955) | | | (18,364,740) |
TOTAL WRITTEN OPTIONS
(Premiums received $36,471,792) | | | | | | | | | $(34,845,150) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $880,116,705 | | | 103.9% |
Written Options | | | (34,845,150) | | | (4.1) |
Money Market Deposit Account | | | 2,613,433 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (513,815) | | | (0.1) |
| | | $847,371,173 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - September
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.8%
|
Call Options - 99.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price:
$5.64(a)(b)(c) | | | $897,200,192 | | | 15,778 | | | $885,492,758 |
Put Options - 4.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price:
$563.68(a)(b)(c) | | | 897,200,192 | | | 15,778 | | | 39,074,691 |
TOTAL PURCHASED OPTIONS
(Cost $912,198,007) | | | | | | | | | 924,567,449 |
TOTAL INVESTMENTS - 103.8%
(Cost $912,198,007) | | | | | | | | | $924,567,449 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 2,764,131 |
Liabilities in Excess of Other Assets - (4.1)% | | | | | | | | | (36,103,468) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $891,228,112 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Power Buffer ETF - September
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.0)%
|
Call Options - (2.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $630.19(a)(b) | | | $(897,200,192) | | | (15,778) | | | $(19,692,049) |
Put Options - (1.8)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $479.13(a)(b) | | | (897,200,192) | | | (15,778) | | | (15,818,076) |
TOTAL WRITTEN OPTIONS
(Premiums received $33,278,160) | | | | | | | | | $(35,510,125) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $924,567,449 | | | 103.8% |
Written Options | | | (35,510,125) | | | (4.0) |
Money Market Deposit Account | | | 2,764,131 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (593,343) | | | (0.1) |
| | | $891,228,112 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.9%
|
Call Options - 100.6%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $5.22(a)(b)(c) | | | $149,609,184 | | | 2,631 | | | $147,830,496 |
Put Options - 1.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $496.92(a)(b)(c) | | | 149,609,184 | | | 2,631 | | | 1,847,304 |
TOTAL PURCHASED OPTIONS
(Cost $139,293,147) | | | | | | | | | 149,677,800 |
TOTAL INVESTMENTS - 101.9%
(Cost $139,293,147) | | | | | | | | | $149,677,800 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 459,489 |
Liabilities in Excess of Other Assets - (2.2)% | | | | | | | | | (3,241,242) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $146,896,047 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.1)%
|
Call Options - (1.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $602.73(a)(b) | | | $(149,609,184) | | | (2,631) | | | $(2,798,121) |
Put Options - (0.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 03/31/2025; Exercise Price: $340.00(a)(b) | | | (149,609,184) | | | (2,631) | | | (335,663) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,426,936) | | | | | | | | | $(3,133,784) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $149,677,800 | | | 101.9% |
Written Options | | | (3,133,784) | | | (2.1) |
Money Market Deposit Account | | | 459,489 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (107,458) | | | (0.1) |
| | | $146,896,047 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - August
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.4%
|
Call Options - 99.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price:
$5.49(a)(b)(c) | | | $235,132,640 | | | 4,135 | | | $231,962,253 |
Put Options - 2.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price:
$523.27(a)(b)(c) | | | 235,132,640 | | | 4,135 | | | 6,309,679 |
TOTAL PURCHASED OPTIONS
(Cost $229,679,474) | | | | | | | | | 238,271,932 |
TOTAL INVESTMENTS - 102.4%
(Cost $229,679,474) | | | | | | | | | $238,271,932 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 688,975 |
Liabilities in Excess of Other Assets - (2.7)% | | | | | | | | | (6,253,432) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $232,707,475 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - August
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.6)%
|
Call Options - (2.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $624.84(a)(b) | | | $(235,132,640) | | | (4,135) | | | $(5,008,230) |
Put Options - (0.5)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 07/31/2025; Exercise Price: $358.03(a)(b) | | | (235,132,640) | | | (4,135) | | | (1,089,654) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,958,089) | | | | | | | | | $(6,097,884) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $238,271,932 | | | 102.4% |
Written Options | | | (6,097,884) | | | (2.6) |
Money Market Deposit Account | | | 688,975 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (155,548) | | | (0.1) |
| | | $232,707,475 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - December
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 109.9%
|
Call Options - 109.8%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $4.55(a)(b)(c) | | | $78,870,368 | | | 1,387 | | | $78,318,633 |
Put Options - 0.1%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $433.58(a)(b)(c) | | | 78,870,368 | | | 1,387 | | | 73,761 |
TOTAL PURCHASED OPTIONS
(Cost $64,977,934) | | | | | | | | | 78,392,394 |
TOTAL INVESTMENTS - 109.9%
(Cost $64,977,934) | | | | | | | | | $78,392,394 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 206,365 |
Liabilities in Excess of Other Assets - (10.2)% | | | | | | | | | (7,295,402) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $71,303,357 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - December
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.2)%
|
Call Options - (10.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $521.44(a)(b) | | | $(78,870,368) | | | (1,387) | | | $(7,237,310) |
Put Options - (0.0)%(c)
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 11/29/2024; Exercise Price: $296.66(a)(b) | | | (78,870,368) | | | (1,387) | | | (11,430) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,306,534) | | | | | | | | | $(7,248,740) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Represents less than 0.05% of net assets. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $78,392,394 | | | 109.9% |
Written Options | | | (7,248,740) | | | (10.2) |
Money Market Deposit Account | | | 206,365 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (46,662) | | | 0.0 |
| | | $71,303,357 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - February
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 106.8%
|
Call Options - 106.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $4.82(a)(b)(c) | | | $60,446,432 | | | 1,063 | | | $59,840,990 |
Put Options - 0.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $458.74(a)(b)(c) | | | 60,446,432 | | | 1,063 | | | 298,023 |
TOTAL PURCHASED OPTIONS
(Cost $53,681,811) | | | | | | | | | 60,139,013 |
TOTAL INVESTMENTS - 106.8%
(Cost $53,681,811) | | | | | | | | | $60,139,013 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 149,285 |
Liabilities in Excess of Other Assets - (7.1)% | | | | | | | | | (3,984,578) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $56,303,720 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - February
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (7.0)%
|
Call Options - (7.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $548.55(a)(b) | | | $(60,446,432) | | | (1,063) | | | $(3,919,568) |
Put Options - (0.0)%(c)
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 01/31/2025; Exercise Price: $313.87(a)(b) | | | (60,446,432) | | | (1,063) | | | (27,361) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,037,423) | | | | | | | | | $(3,946,929) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract.
|
(c)
| Represents less than 0.05% of net assets. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $60,139,013 | | | 106.8% |
Written Options | | | (3,946,929) | | | (7.0) |
Money Market Deposit Account | | | 149,285 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (37,649) | | | (0.1) |
| | | $56,303,720 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 107.0%
|
Call Options - 106.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $4.74(a)(b)(c) | | | $173,037,152 | | | 3,043 | | | $171,282,649 |
Put Options - 0.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $451.54(a)(b)(c) | | | 173,037,152 | | | 3,043 | | | 440,292 |
TOTAL PURCHASED OPTIONS
(Cost $147,183,835) | | | | | | | | | 171,722,941 |
TOTAL INVESTMENTS - 107.0%
(Cost $147,183,835) | | | | | | | | | $171,722,941 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 420,277 |
Liabilities in Excess of Other Assets - (7.3)% | | | | | | | | | (11,714,943) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $160,428,275 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (7.3)%
|
Call Options - (7.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $541.57(a)(b) | | | $(173,037,152) | | | (3,043) | | | $(11,544,168) |
Put Options - (0.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 12/31/2024; Exercise Price: $308.95(a)(b) | | | (173,037,152) | | | (3,043) | | | (116,121) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,795,435) | | | | | | | | | $(11,660,289) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $171,722,941 | | | 107.0% |
Written Options | | | (11,660,289) | | | (7.3) |
Money Market Deposit Account | | | 420,277 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (54,654) | | | 0.0(a) |
| | | $160,428,275 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.9%
|
Call Options - 99.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $5.43(a)(b)(c) | | | $146,197,344 | | | 2,571 | | | $143,788,317 |
Put Options - 2.4%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $517.01(a)(b)(c) | | | 146,197,344 | | | 2,571 | | | 3,429,714 |
TOTAL PURCHASED OPTIONS
(Cost $142,057,142) | | | | | | | | | 147,218,031 |
TOTAL INVESTMENTS - 101.9%
(Cost $142,057,142) | | | | | | | | | $147,218,031 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 429,933 |
Liabilities in Excess of Other Assets - (2.2)% | | | | | | | | | (3,243,131) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $144,404,833 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.2)%
|
Call Options - (1.8)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $622.48(a)(b) | | | $(146,197,344) | | | (2,571) | | | $(2,591,568) |
Put Options - (0.4)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 06/30/2025; Exercise Price: $353.74(a)(b) | | | (146,197,344) | | | (2,571) | | | (565,620) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,905,995) | | | | | | | | | $(3,157,188) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $147,218,031 | | | 101.9% |
Written Options | | | (3,157,188) | | | (2.2) |
Money Market Deposit Account | | | 429,933 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (85,943) | | | 0.0 |
| | | $144,404,833 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - June
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.0%
|
Call Options - 101.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $5.26(a)(b)(c) | | | $93,370,688 | | | 1,642 | | | $92,291,532 |
Put Options - 1.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $501.00(a)(b)(c) | | | 93,370,688 | | | 1,642 | | | 1,565,369 |
TOTAL PURCHASED OPTIONS
(Cost $88,131,544) | | | | | | | | | 93,856,901 |
TOTAL INVESTMENTS - 103.0%
(Cost $88,131,544) | | | | | | | | | $93,856,901 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 257,140 |
Liabilities in Excess of Other Assets - (3.3)% | | | | | | | | | (3,029,145) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $91,084,896 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - June
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.3)%
|
Call Options - (3.0)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $602.89(a)(b) | | | $(93,370,688) | | | (1,642) | | | $(2,678,906) |
Put Options - (0.3)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 05/30/2025; Exercise Price: $342.79(a)(b) | | | (93,370,688) | | | (1,642) | | | (289,452) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,019,693) | | | | | | | | | $(2,968,358) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $93,856,901 | | | 103.0% |
Written Options | | | (2,968,358) | | | (3.3) |
Money Market Deposit Account | | | 257,140 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (60,787) | | | 0.0 |
| | | $91,084,896 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - March
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.1%
|
Call Options - 102.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $5.07(a)(b)(c) | | | $84,556,768 | | | 1,487 | | | $83,739,617 |
Put Options - 0.9%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $482.68(a)(b)(c) | | | 84,556,768 | | | 1,487 | | | 686,816 |
TOTAL PURCHASED OPTIONS
(Cost $77,248,419) | | | | | | | | | 84,426,433 |
TOTAL INVESTMENTS - 103.1%
(Cost $77,248,419) | | | | | | | | | $84,426,433 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 237,674 |
Liabilities in Excess of Other Assets - (3.4)% | | | | | | | | | (2,753,164) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $81,910,943 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - March
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.3)%
|
Call Options - (3.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $583.23(a)(b) | | | $(84,556,768) | | | (1,487) | | | $(2,552,212) |
Put Options - (0.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 02/28/2025; Exercise Price: $330.25(a)(b) | | | (84,556,768) | | | (1,487) | | | (138,083) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,514,190) | | | | | | | | | $(2,690,295) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $84,426,433 | | | 103.1% |
Written Options | | | (2,690,295) | | | (3.3) |
Money Market Deposit Account | | | 237,674 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (62,869) | | | (0.1) |
| | | $81,910,943 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - May
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.9%
| | | | | | | | | |
Call Options - 103.7%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price:
$5.01(a)(b)(c) | | | $55,328,672 | | | 973 | | | $54,698,800 |
Put Options - 1.2%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price:
$476.88(a)(b)(c) | | | 55,328,672 | | | 973 | | | 611,249 |
TOTAL PURCHASED OPTIONS
(Cost $50,137,159) | | | | | | | | | 55,310,049 |
TOTAL INVESTMENTS - 104.9%
(Cost $50,137,159) | | | | | | | | | $55,310,049 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 169,068 |
Liabilities in Excess of Other Assets - (5.2)% | | | | | | | | | (2,739,206) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $52,739,911 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - May
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.1)%
| | | | | | | | | |
Call Options - (4.9)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $578.08(a)(b) | | | $(55,328,672) | | | (973) | | | $(2,577,360) |
Put Options - (0.2)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 04/30/2025; Exercise Price: $326.29(a)(b) | | | (55,328,672) | | | (973) | | | (127,210) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,082,923) | | | | | | | | | $(2,704,570) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $55,310,049 | | | 104.9% |
Written Options | | | (2,704,570) | | | (5.1) |
Money Market Deposit Account | | | 169,068 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (34,636) | | | (0.1) |
| | | $52,739,911 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - November
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.8%
| | | | | | | | | |
Call Options - 99.0%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $5.67(a)(b)(c) | | | $39,406,752 | | | 693 | | | $38,728,998 |
Put Options - 3.8%
| | | | | | | | | |
SPDR S&P 500 ETF
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $540.21(a)(b)(c) | | | 39,406,752 | | | 693 | | | 1,521,135 |
TOTAL PURCHASED OPTIONS
(Cost $40,253,803) | | | | | | | | | 40,250,133 |
TOTAL INVESTMENTS - 102.8%
(Cost $40,253,803) | | | | | | | | | $40,250,133 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 98,297 |
Liabilities in Excess of Other Assets - (3.1)% | | | | | | | | | (1,226,797) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $39,121,633 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - November
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.2)%
| | | | | | | | | |
Call Options - (2.5)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 10/31/2025; Exercise Price: $635.57(a)(b) | | | $(39,406,752) | | | (693) | | | $(986,832) |
Put Options - (0.7)%
| | | | | | | | | |
SPDR S&P 500 ETF(a)(b)
| | | | | | | | | |
Expiration: 10/31/2025; Exercise Price: $369.62 | | | (39,406,752) | | | (693) | | | (265,419) |
Total Put Options | | | | | | | | | (265,419) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,248,546) | | | | | | | | | $(1,252,251) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $40,250,133 | | | 102.8% |
Written Options | | | (1,252,251) | | | (3.2) |
Money Market Deposit Account | | | 98,297 | | | 0.3 |
Other Assets in Excess of Other Assets | | | 25,454 | | | 0.1 |
| | | $39,121,633 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.5%
| | | | | | | | | |
Call Options - 98.5%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price:
$5.72(a)(b)(c) | | | $162,574,176 | | | 2,859 | | | $159,709,458 |
Put Options - 4.0%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price:
$545.07(a)(b)(c) | | | 162,574,176 | | | 2,859 | | | 6,404,160 |
TOTAL PURCHASED OPTIONS
(Cost $167,258,185) | | | | | | | | | 166,113,618 |
TOTAL INVESTMENTS - 102.5%
(Cost $167,258,185) | | | | | | | | | $166,113,618 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 467,563 |
Liabilities in Excess of Other Assets - (2.8)% | | | | | | | | | (4,523,368) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $162,057,813 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.8)%
| | | | | | | | | |
Call Options - (2.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $636.54(a)(b) | | | $(162,574,176) | | | (2,859) | | | $(3,365,043) |
Put Options - (0.7)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 09/30/2025; Exercise Price: $372.94(a)(b) | | | (162,574,176) | | | (2,859) | | | (1,092,138) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,922,181) | | | | | | | | | $(4,457,181) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $166,113,618 | | | 102.5% |
Written Options | | | (4,457,181) | | | (2.8) |
Money Market Deposit Account | | | 467,563 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (66,187) | | | 0.0(a) |
| | | $162,057,813 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - September
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.4%
| | | | | | | | | |
Call Options - 99.1%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $5.62(a)(b)(c) | | | $164,223,232 | | | 2,888 | | | $161,771,320 |
Put Options - 3.3%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $535.50(a)(b)(c) | | | 164,223,232 | | | 2,888 | | | 5,417,888 |
TOTAL PURCHASED OPTIONS
(Cost $165,174,770) | | | | | | | | | 167,189,208 |
TOTAL INVESTMENTS - 102.4%
(Cost $165,174,770) | | | | | | | | | $167,189,208 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 543,194 |
Liabilities in Excess of Other Assets - (2.7)% | | | | | | | | | (4,445,906) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $163,286,496 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Equity Ultra Buffer ETF - September
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.7)%
| | | | | | | | | |
Call Options - (2.1)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $630.59(a)(b) | | | $(164,223,232) | | | (2,888) | | | $(3,471,376) |
Put Options - (0.6)%
| | | | | | | | | |
SPDR S&P 500 ETF, Expiration: 08/29/2025; Exercise Price: $366.39(a)(b) | | | (164,223,232) | | | (2,888) | | | (906,832) |
TOTAL WRITTEN OPTIONS
(Premiums received $4,044,294) | | | | | | | | | $(4,378,208) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $167,189,208 | | | 102.4% |
Written Options | | | (4,378,208) | | | (2.7) |
Money Market Deposit Account | | | 543,194 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (67,698) | | | 0.0(a) |
| | | $163,286,496 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap 10 Buffer ETF - Quarterly
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.6%
| | | | | | | | | |
Call Options - 98.2%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $0.55(a)(b)(c) | | | $114,215,120 | | | 5,245 | | | $113,569,147 |
Put Options - 4.4%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $220.89(a)(b)(c) | | | 114,215,120 | | | 5,245 | | | 5,042,909 |
TOTAL PURCHASED OPTIONS
(Cost $119,189,329) | | | | | | | | | 118,612,056 |
TOTAL INVESTMENTS - 102.6%
(Cost $119,189,329) | | | | | | | | | $118,612,056 |
Money Market Deposit Account - 0.1%(d) | | | | | | | | | 125,004 |
Liabilities in Excess of Other Assets - (2.7)% | | | | | | | | | (3,139,346) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $115,597,714 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap 10 Buffer ETF - Quarterly
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.7)%
| | | | | | | | | |
Call Options - (1.5)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $232.86(a)(b) | | | $(114,215,120) | | | (5,245) | | | $(1,733,682) |
Put Options - (1.2)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $198.80(a)(b) | | | (114,215,120) | | | (5,245) | | | (1,396,167) |
TOTAL WRITTEN OPTIONS
(Premiums received $3,178,771) | | | | | | | | | $(3,129,849) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $118,612,056 | | | 102.6% |
Written Options | | | (3,129,849) | | | (2.7) |
Money Market Deposit Account | | | 125,004 | | | 0.1 |
Liabilities in Excess of Other Assets | | | (9,497) | | | 0.0(a) |
| | | $115,597,714 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - April
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 102.3%
| | | | | | | | | |
Call Options - 98.6%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 03/31/2025; Exercise Price: $2.10(a)(b)(c) | | | $179,978,640 | | | 8,265 | | | $177,425,334 |
Put Options - 3.7%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 03/31/2025; Exercise Price: $210.30(a)(b)(c) | | | 179,978,640 | | | 8,265 | | | 6,713,576 |
TOTAL PURCHASED OPTIONS
(Cost $183,584,335) | | | | | | | | | 184,138,910 |
TOTAL INVESTMENTS - 102.3%
(Cost $183,584,335) | | | | | | | | | $184,138,910 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 544,584 |
Liabilities in Excess of Other Assets - (2.6)% | | | | | | | | | (4,714,975) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $179,968,519 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - April
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (2.6)%
| | | | | | | | | |
Call Options - (1.5)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 03/31/2025; Exercise Price: $249.12(a)(b) | | | $(179,978,640) | | | (8,265) | | | $(2,680,257) |
Put Options - (1.1)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 03/31/2025; Exercise Price: $178.76(a)(b) | | | (179,978,640) | | | (8,265) | | | (1,914,422) |
TOTAL WRITTEN OPTIONS
(Premiums received $8,097,772) | | | | | | | | | $(4,594,679) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $184,138,910 | | | 102.3% |
Written Options | | | (4,594,679) | | | (2.6) |
Money Market Deposit Account | | | 544,584 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (120,296) | | | 0.0 |
| | | $179,968,519 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - August
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 103.6%
|
Call Options - 96.3%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 07/31/2025; Exercise Price: $2.24(a)(b)(c) | | | $67,549,152 | | | 3,102 | | | $66,302,148 |
Put Options - 7.3%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 07/31/2025; Exercise Price: $223.86(a)(b)(c) | | | 67,549,152 | | | 3,102 | | | 5,022,138 |
TOTAL PURCHASED OPTIONS
(Cost $72,047,511) | | | | | | | | | 71,324,286 |
TOTAL INVESTMENTS - 103.6%
(Cost $72,047,511) | | | | | | | | | $71,324,286 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 211,523 |
Liabilities in Excess of Other Assets - (3.9)% | | | | | | | | | (2,745,302) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $68,790,507 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - August
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (3.9)%
|
Call Options - (1.4)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 07/31/2025; Exercise Price: $267.78(a)(b) | | | $(67,549,152) | | | (3,102) | | | $(986,436) |
Put Options - (2.5)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 07/31/2025; Exercise Price: $190.28(a)(b) | | | (67,549,152) | | | (3,102) | | | (1,752,630) |
TOTAL WRITTEN OPTIONS
(Premiums received $2,981,607) | | | | | | | | | $(2,739,066) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $71,324,286 | | | 103.6% |
Written Options | | | (2,739,066) | | | (3.9) |
Money Market Deposit Account | | | 211,523 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (6,236) | | | 0.0(a) |
| | | $68,790,507 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - January
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 101.1%
|
Call Options - 99.7%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $2.01(a)(b)(c) | | | $405,425,568 | | | 18,618 | | | $400,100,820 |
Put Options - 1.4%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $200.71(a)(b)(c) | | | 405,425,568 | | | 18,618 | | | 5,585,400 |
TOTAL PURCHASED OPTIONS
(Cost $390,938,020) | | | | | | | | | 405,686,220 |
TOTAL INVESTMENTS - 101.1%
(Cost $390,938,020) | | | | | | | | | $405,686,220 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 1,160,979 |
Liabilities in Excess of Other Assets - (1.4)% | | | | | | | | | (5,575,126) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $401,272,073 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - January
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (1.3)%
|
Call Options - (1.0)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $237.84(a)(b) | | | $(405,425,568) | | | (18,618) | | | $(4,058,724) |
Put Options - (0.3)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 12/31/2024; Exercise Price: $170.60(a)(b) | | | (405,425,568) | | | (18,618) | | | (1,266,024) |
TOTAL WRITTEN OPTIONS
(Premiums received $17,411,552) | | | | | | | | | $(5,324,748) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $405,686,220 | | | 101.1% |
Written Options | | | (5,324,748) | | | (1.3) |
Money Market Deposit Account | | | 1,160,979 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (250,378) | | | (0.1) |
| | | $401,272,073 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - July
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.0%
|
Call Options - 101.2%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 06/30/2025; Exercise Price: $2.03(a)(b)(c) | | | $159,356,768 | | | 7,318 | | | $156,741,022 |
Put Options - 3.8%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 06/30/2025; Exercise Price: $202.89(a)(b)(c) | | | 159,356,768 | | | 7,318 | | | 5,848,472 |
TOTAL PURCHASED OPTIONS
(Cost $154,843,202) | | | | | | | | | 162,589,494 |
TOTAL INVESTMENTS - 105.0%
(Cost $154,843,202) | | | | | | | | | $162,589,494 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 432,270 |
Liabilities in Excess of Other Assets - (5.3)% | | | | | | | | | (8,214,032) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $154,807,732 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - July
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.2)%
|
Call Options - (3.8)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 06/30/2025; Exercise Price: $240.18(a)(b) | | | $(159,356,768) | | | (7,318) | | | $(5,982,685) |
Put Options - (1.4)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 06/30/2025; Exercise Price: $172.46(a)(b) | | | (159,356,768) | | | (7,318) | | | (2,130,123) |
TOTAL WRITTEN OPTIONS
(Premiums received $7,075,568) | | | | | | | | | $(8,112,808) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $162,589,494 | | | 105.0% |
Written Options | | | (8,112,808) | | | (5.2) |
Money Market Deposit Account | | | 432,270 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (101,224) | | | (0.1) |
| | | $154,807,732 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - June
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.1%
|
Call Options - 100.3%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 05/30/2025; Exercise Price: $2.06(a)(b)(c) | | | $10,757,344 | | | 494 | | | $10,607,168 |
Put Options - 3.8%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 05/30/2025; Exercise Price: $205.77(a)(b)(c) | | | 10,757,344 | | | 494 | | | 400,461 |
TOTAL PURCHASED OPTIONS
(Cost $10,489,879) | | | | | | | | | 11,007,629 |
TOTAL INVESTMENTS - 104.1%
(Cost $10,489,879) | | | | | | | | | $11,007,629 |
Money Market Deposit Account - 0.4%(d) | | | | | | | | | 46,019 |
Liabilities in Excess of Other Assets - (4.5)% | | | | | | | | | (470,643) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $10,583,005 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information.
|
(c)
| 100 shares per contract.
|
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - June
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (4.4)%
|
Call Options - (3.1)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 05/30/2025; Exercise Price: $242.85(a)(b) | | | $(10,757,344) | | | (494) | | | $(327,319) |
Put Options - (1.3)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 05/30/2025; Exercise Price: $174.90(a)(b) | | | (10,757,344) | | | (494) | | | (136,458) |
TOTAL WRITTEN OPTIONS
(Premiums received $429,837) | | | | | | | | | $(463,777) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $11,007,629 | | | 104.1% |
Written Options | | | (463,777) | | | (4.4) |
Money Market Deposit Account | | | 46,019 | | | 0.4 |
Liabilities in Excess of Other Assets | | | (6,866) | | | (0.1) |
| | | $10,583,005 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - November
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.7%
|
Call Options - 98.7%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 10/31/2025; Exercise Price: $2.18(a)(b)(c) | | | $1,263,008 | | | 58 | | | $1,237,140 |
Put Options - 7.0%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 10/31/2025; Exercise Price: $217.76(a)(b)(c) | | | 1,263,008 | | | 58 | | | 87,928 |
TOTAL PURCHASED OPTIONS
(Cost $1,325,251) | | | | | | | | | 1,325,068 |
TOTAL INVESTMENTS - 105.7%
(Cost $1,325,251) | | | | | | | | | $1,325,068 |
Liabilities in Excess of Other Assets - (5.7)% | | | | | | | | | (71,936) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $1,253,132 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - November
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (6.0)%
|
Call Options - (3.2)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 10/31/2025; Exercise Price: $256.56(a)(b) | | | $(1,263,008) | | | (58) | | | $(39,962) |
Put Options - (2.8)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 10/31/2025; Exercise Price: $185.10(a)(b) | | | (1,263,008) | | | (58) | | | (35,206) |
TOTAL WRITTEN OPTIONS
(Premiums received $74,983) | | | | | | | | | $(75,168) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $1,325,068 | | | 105.7% |
Written Options | | | (75,168) | | | (6.0) |
Liabilities in Excess of Other Assets | | | 3,232 | | | 0.3 |
| | | $1,253,132 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - October
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 105.3%
|
Call Options - 98.0%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 09/30/2025; Exercise Price: $2.21(a)(b)(c) | | | $148,359,888 | | | 6,813 | | | $145,191,843 |
Put Options - 7.3%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 09/30/2025; Exercise Price: $220.89(a)(b)(c) | | | 148,359,888 | | | 6,813 | | | 10,873,548 |
TOTAL PURCHASED OPTIONS
(Cost $157,731,223) | | | | | | | | | 156,065,391 |
TOTAL INVESTMENTS - 105.3%
(Cost $157,731,223) | | | | | | | | | $156,065,391 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 415,839 |
Liabilities in Excess of Other Assets - (5.6)% | | | | | | | | | (8,272,144) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $148,209,086 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - October
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.5)%
|
Call Options - (2.7)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 09/30/2025; Exercise Price: $258.22(a)(b) | | | $(148,359,888) | | | (6,813) | | | $(4,074,174) |
Put Options - (2.8)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 09/30/2025; Exercise Price: $187.76(a)(b) | | | (148,359,888) | | | (6,813) | | | (4,142,304) |
TOTAL WRITTEN OPTIONS
(Premiums received $8,792,236) | | | | | | | | | $(8,216,478) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $156,065,391 | | | 105.3% |
Written Options | | | (8,216,478) | | | (5.5) |
Money Market Deposit Account | | | 415,839 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (55,666) | | | (0.1)(a) |
| | | $148,209,086 | | | 100.0% |
| | | | | | | |
(a)
| Represents less than 0.05% of net assets. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - September
Schedule of Investments
October 31, 2024
| | | | | | | | | | |
PURCHASED OPTIONS - 104.9%
|
Call Options - 98.1%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 08/29/2025; Exercise Price: $2.20(a)(b)(c) | | | $18,923,344 | | | 869 | | | $18,604,160 |
Put Options - 6.8%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 08/29/2025; Exercise Price: $220.08(a)(b)(c) | | | 18,923,344 | | | 869 | | | 1,294,393 |
TOTAL PURCHASED OPTIONS
(Cost $19,852,162) | | | | | | | | | 19,898,553 |
TOTAL INVESTMENTS - 104.9%
(Cost $19,852,162) | | | | | | | | | $19,898,553 |
Money Market Deposit Account - 0.3%(d) | | | | | | | | | 64,515 |
Liabilities in Excess of Other Assets - (5.2)% | | | | | | | | | (975,356) |
TOTAL NET ASSETS - 100.0% | | | | | | | | | $18,987,712 |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(a)
| Held in connection with written option contracts. See Schedule of Options Written for further information. |
(c)
| 100 shares per contract. |
(d)
| The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of October 31, 2024 was 4.70%. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
Innovator U.S. Small Cap Power Buffer ETF - September
Schedule of Written Options
October 31, 2024
| | | | | | | | | | |
WRITTEN OPTIONS - (5.1)%
|
Call Options - (2.6)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 08/29/2025; Exercise Price: $257.58(a)(b) | | | $(18,923,344) | | | (869) | | | $(484,998) |
Put Options - (2.5)%
| | | | | | | | | |
iShares Russell 2000 ETF, Expiration: 08/29/2025; Exercise Price: $187.07(a)(b) | | | (18,923,344) | | | (869) | | | (478,080) |
TOTAL WRITTEN OPTIONS
(Premiums received $1,062,846) | | | | | | | | | $(963,078) |
| | | | | | | | | | |
Percentages are stated as a percent of net assets.
(b)
| 100 shares per contract. |
Allocation of Portfolio Holdings as of October 31, 2024
(% of Net Assets)
| | | | | | | |
Purchased Options | | | $19,898,553 | | | 104.9% |
Written Options | | | (963,078) | | | (5.1) |
Money Market Deposit Account | | | 64,515 | | | 0.3 |
Liabilities in Excess of Other Assets | | | (12,278) | | | (0.1) |
| | | $18,987,712 | | | 100.0% |
| | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $76,727,706 | | | $15,481,427 | | | $912,747,346 | | | $10,409,802 | | | $68,174,505 |
Cash - interest bearing deposit
account | | | 50,456 | | | 38,115 | | | 1,204,252 | | | 7,576 | | | 125,181 |
Deposit at broker for other
investments | | | 343 | | | 199 | | | 126 | | | 200 | | | 200 |
Interest receivable | | | 236 | | | 121 | | | 4,344 | | | 25 | | | 474 |
Receivable for investments sold | | | — | | | 1,031,198 | | | 21,916 | | | — | | | 683,153 |
Receivable for fund shares sold | | | — | | | — | | | 1,542,155 | | | — | | | — |
Receivable for transaction fee | | | — | | | 504 | | | 771 | | | — | | | 332 |
Total assets | | | 76,778,741 | | | 16,551,564 | | | 915,520,910 | | | 10,417,603 | | | 68,983,845 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 105,300 | | | 383,032 | | | 12,821,998 | | | 193,005 | | | 1,751,610 |
Payable to adviser | | | 49,328 | | | 9,897 | | | 510,853 | | | 7,223 | | | 52,852 |
Payable for investments purchased | | | — | | | 25,764 | | | 1,570,436 | | | — | | | 17,682 |
Payable for capital shares redeemed | | | — | | | 1,008,305 | | | — | | | — | | | 664,967 |
Total liabilities | | | 154,628 | | | 1,426,998 | | | 14,903,287 | | | 200,228 | | | 2,487,111 |
NET ASSETS | | | $76,624,113 | | | $15,124,566 | | | $900,617,623 | | | $10,217,375 | | | $66,496,734 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $84,005,105 | | | $20,105,960 | | | $916,709,584 | | | $10,451,105 | | | $72,608,167 |
Total distributable earnings/
(accumulated losses) | | | (7,380,992) | | | (4,981,394) | | | (16,091,961) | | | (233,730) | | | (6,111,433) |
Total net assets | | | $76,624,113 | | | $15,124,566 | | | $900,617,623 | | | $10,217,375 | | | $66,496,734 |
Net assets | | | $76,624,113 | | | $15,124,566 | | | $900,617,623 | | | $10,217,375 | | | $66,496,734 |
Shares issued and outstanding | | | 3,775,000 | | | 750,000 | | | 29,200,000 | | | 400,000 | | | 2,500,000 |
Net asset value per share | | | $20.30 | | | $20.17 | | | $30.84 | | | $25.54 | | | $26.60 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $79,190,020 | | | $15,403,022 | | | $918,414,647 | | | $10,742,440 | | | $65,073,029 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $527,323 | | | $380,156 | | | $20,170,515 | | | $336,950 | | | $2,403,146 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $129,767,765 | | | $90,029,940 | | | $55,596,985 | | | $84,272,768 | | | $119,811,471 |
Cash - interest bearing deposit
account | | | 225,290 | | | 169,809 | | | 108,739 | | | 297,477 | | | 360,609 |
Deposit at broker for other
investments | | | 199 | | | 200 | | | 200 | | | 200 | | | 200 |
Interest receivable | | | 890 | | | 671 | | | 358 | | | 1,084 | | | 1,584 |
Receivable for investments sold | | | — | | | 1,313,120 | | | — | | | — | | | — |
Total assets | | | 129,994,144 | | | 91,513,740 | | | 55,706,282 | | | 84,571,529 | | | 120,173,864 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 1,746,523 | | | 3,243,240 | | | 2,427,047 | | | 3,357,637 | | | 4,525,591 |
Payable to adviser | | | 100,004 | | | 67,606 | | | 37,034 | | | 55,248 | | | 81,173 |
Payable for investments purchased | | | — | | | 47,307 | | | — | | | — | | | — |
Payable for capital shares redeemed | | | — | | | 1,259,365 | | | — | | | — | | | — |
Total liabilities | | | 1,846,527 | | | 4,617,518 | | | 2,464,081 | | | 3,412,885 | | | 4,606,764 |
NET ASSETS | | | $128,147,617 | | | $86,896,222 | | | $53,242,201 | | | $81,158,644 | | | $115,567,100 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $130,318,027 | | | $94,046,846 | | | $54,704,651 | | | $79,488,413 | | | $113,508,193 |
Total distributable earnings/
(accumulated losses) | | | (2,170,410) | | | (7,150,624) | | | (1,462,450) | | | 1,670,231 | | | 2,058,907 |
Total net assets | | | $128,147,617 | | | $86,896,222 | | | $53,242,201 | | | $81,158,644 | | | $115,567,100 |
Net assets | | | $128,147,617 | | | $86,896,222 | | | $53,242,201 | | | $81,158,644 | | | $115,567,100 |
Shares issued and outstanding | | | 4,150,000 | | | 3,450,000 | | | 2,025,000 | | | 3,300,000 | | | 4,325,000 |
Net asset value per share | | | $30.88 | | | $25.19 | | | $26.29 | | | $24.59 | | | $26.72 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $122,936,376 | | | $87,352,370 | | | $56,954,850 | | | $81,124,953 | | | $116,660,808 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $4,564,178 | | | $2,812,190 | | | $2,614,546 | | | $2,061,025 | | | $3,728,178 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $1,293,270 | | | $71,756,740 | | | $113,970,037 | | | $75,750,733 | | | $67,544,916 |
Cash - interest bearing deposit
account | | | — | | | 221,153 | | | 311,309 | | | 314,928 | | | 246,033 |
Deposit at broker for other
investments | | | — | | | 200 | | | 200 | | | 200 | | | 200 |
Interest receivable | | | — | | | 555 | | | 1,243 | | | 1,190 | | | 935 |
Receivable for fund shares sold | | | 1,241,500 | | | 1,875,697 | | | — | | | — | | | — |
Receivable for investments sold | | | 53,802 | | | 68,848 | | | — | | | 1,383,575 | | | 1,478,256 |
Receivable for transaction fee | | | 621 | | | 938 | | | — | | | 1 | | | 2 |
Total assets | | | 2,589,193 | | | 73,924,131 | | | 114,282,789 | | | 77,450,627 | | | 69,270,342 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 53,856 | | | 2,548,580 | | | 4,385,508 | | | 4,295,992 | | | 7,992,947 |
Payable for investments purchased | | | 1,293,376 | | | 1,941,136 | | | — | | | 78,465 | | | 174,930 |
Payable for capital shares redeemed | | | — | | | — | | | — | | | 1,304,065 | | | 1,299,185 |
Payable to adviser | | | — | | | 32,994 | | | 73,148 | | | 48,651 | | | 40,826 |
Total liabilities | | | 1,347,232 | | | 4,522,710 | | | 4,458,656 | | | 5,727,173 | | | 9,507,888 |
NET ASSETS | | | $1,241,961 | | | $69,401,421 | | | $109,824,133 | | | $71,723,454 | | | $59,762,454 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $1,242,121 | | | $69,505,711 | | | $108,943,912 | | | $68,707,159 | | | $58,844,080 |
Total distributable earnings/
(accumulated losses) | | | (160 ) | | | (104,290 ) | | | 880,221 | | | 3,016,295 | | | 918,374 |
Total net assets | | | $1,241,961 | | | $69,401,421 | | | $109,824,133 | | | $71,723,454 | | | $59,762,454 |
Net assets | | | $1,241,961 | | | $69,401,421 | | | $109,824,133 | | | $71,723,454 | | | $59,762,454 |
Shares issued and outstanding | | | 50,000 | | | 2,775,000 | | | 4,425,000 | | | 2,750,000 | | | 2,300,000 |
Net asset value per share | | | $24.84 | | | $25.01 | | | $24.82 | | | $26.08 | | | $25.98 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $1,293,376 | | | $72,124,518 | | | $112,000,590 | | | $70,753,212 | | | $60,549,724 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $53,802 | | | $2,844,507 | | | $3,416,299 | | | $2,730,571 | | | $2,445,710 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $243,116,023 | | | $72,441,159 | | | $57,726,430 | | | $77,144,353 | | | $157,684,022 |
Cash - interest bearing deposit
account | | | 1,004,021 | | | 309,451 | | | 227,080 | | | 196,446 | | | 446,581 |
Deposit at broker for other
investments | | | 200 | | | 200 | | | — | | | 200 | | | 200 |
Interest receivable | | | 4,015 | | | 1,184 | | | 525 | | | 457 | | | 1,834 |
Receivable for investments sold | | | — | | | 1,396,456 | | | — | | | 28,981 | | | — |
Receivable for fund shares sold | | | — | | | — | | | — | | | 1,259,435 | | | — |
Receivable for transaction fee | | | — | | | — | | | — | | | 630 | | | — |
Total assets | | | 244,124,259 | | | 74,148,450 | | | 57,954,035 | | | 78,630,502 | | | 158,132,637 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 30,386,836 | | | 3,354,266 | | | 3,019,076 | | | 1,741,080 | | | 4,417,959 |
Payable to adviser | | | 144,187 | | | 46,259 | | | 25,760 | | | 36,113 | | | 107,151 |
Payable for investments purchased | | | — | | | 64,661 | | | — | | | 1,286,831 | | | — |
Payable for capital shares redeemed | | | — | | | 1,333,645 | | | — | | | — | | | — |
Total liabilities | | | 30,531,023 | | | 4,798,831 | | | 3,044,836 | | | 3,064,024 | | | 4,525,110 |
NET ASSETS | | | $213,593,236 | | | $69,349,619 | | | $54,909,199 | | | $75,566,478 | | | $153,607,527 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $208,487,339 | | | $67,755,767 | | | $55,177,423 | | | $75,494,303 | | | $151,427,314 |
Total distributable earnings/
(accumulated losses) | | | 5,105,897 | | | 1,593,852 | | | (268,224) | | | 72,175 | | | 2,180,213 |
Total net assets | | | $213,593,236 | | | $69,349,619 | | | $54,909,199 | | | $75,566,478 | | | $153,607,527 |
Net assets | | | $213,593,236 | | | $69,349,619 | | | $54,909,199 | | | $75,566,478 | | | $153,607,527 |
Shares issued and outstanding | | | 7,775,000 | | | 2,600,000 | | | 2,225,000 | | | 3,000,000 | | | 5,750,000 |
Net asset value per share | | | $27.47 | | | $26.67 | | | $24.68 | | | $25.19 | | | $26.71 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $212,266,903 | | | $69,520,341 | | | $58,064,378 | | | $77,404,049 | | | $154,144,171 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $7,430,731 | | | $2,881,236 | | | $3,114,035 | | | $2,108,607 | | | $3,532,873 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $35,182,848 | | | $17,660,225 | | | $38,914,954 | | | $19,719,093 | | | $9,890,920 |
Cash - interest bearing deposit
account | | | 32,132 | | | 38,038 | | | 59,523 | | | 35,328 | | | 26,865 |
Deposit at broker for other
investments | | | 200 | | | 200 | | | 200 | | | 163 | | | 200 |
Interest receivable | | | 154 | | | 168 | | | 270 | | | 160 | | | 75 |
Total assets | | | 35,215,334 | | | 17,698,631 | | | 38,974,947 | | | 19,754,744 | | | 9,918,060 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 951,130 | | | 3,359,292 | | | 10,217,936 | | | 2,775,046 | | | 1,556,865 |
Payable to adviser | | | 23,548 | | | 9,645 | | | 19,231 | | | 11,465 | | | 5,344 |
Total liabilities | | | 974,678 | | | 3,368,937 | | | 10,237,167 | | | 2,786,511 | | | 1,562,209 |
NET ASSETS | | | $34,240,656 | | | $14,329,694 | | | $28,737,780 | | | $16,968,233 | | | $8,355,851 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $34,347,557 | | | $20,279,393 | | | $35,357,408 | | | $22,990,151 | | | $13,734,748 |
Total distributable earnings/
(accumulated losses) | | | (106,901) | | | (5,949,699) | | | (6,619,628) | | | (6,021,918) | | | (5,378,897) |
Total net assets | | | $34,240,656 | | | $14,329,694 | | | $28,737,780 | | | $16,968,233 | | | $8,355,851 |
Net assets | | | $34,240,656 | | | $14,329,694 | | | $28,737,780 | | | $16,968,233 | | | $8,355,851 |
Shares issued and outstanding | | | 1,075,000 | | | 400,000 | | | 1,175,000 | | | 550,000 | | | 300,000 |
Net asset value per share | | | $31.85 | | | $35.82 | | | $24.46 | | | $30.85 | | | $27.85 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $35,869,743 | | | $15,924,806 | | | $30,843,508 | | | $19,858,889 | | | $10,053,240 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $1,531,124 | | | $2,792,961 | | | $5,299,738 | | | $3,172,206 | | | $1,691,918 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $201,581,827 | | | $17,606,687 | | | $212,066,092 | | | $276,479,424 | | | $28,338,836 |
Cash - interest bearing deposit
account | | | 623,939 | | | 80,610 | | | 640,081 | | | 865,269 | | | 114,507 |
Deposit at broker for other
investments | | | 198 | | | 200 | | | 198 | | | 199 | | | 665 |
Interest receivable | | | 2,354 | | | 239 | | | 2,483 | | | 3,486 | | | 402 |
Receivable for investments sold | | | — | | | — | | | 1,203,955 | | | — | | | — |
Receivable for transaction fee | | | — | | | — | | | 582 | | | — | | | — |
Total assets | | | 202,208,318 | | | 17,687,736 | | | 213,913,391 | | | 277,348,378 | | | 28,454,410 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 7,430,220 | | | 870,895 | | | 11,218,844 | | | 10,575,729 | | | 1,383,851 |
Payable to adviser | | | 132,536 | | | 11,712 | | | 138,787 | | | 183,037 | | | 18,600 |
Payable for investments purchased | | | — | | | — | | | 63,811 | | | — | | | — |
Payable for capital shares redeemed | | | — | | | — | | | 1,163,745 | | | — | | | — |
Total liabilities | | | 7,562,756 | | | 882,607 | | | 12,585,187 | | | 10,758,766 | | | 1,402,451 |
NET ASSETS | | | $194,645,562 | | | $16,805,129 | | | $201,328,204 | | | $266,589,612 | | | $27,051,959 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $212,882,690 | | | $16,241,337 | | | $215,515,625 | | | $302,389,224 | | | $26,747,066 |
Total distributable earnings/
(accumulated losses) | | | (18,237,128) | | | 563,792 | | | (14,187,421) | | | (35,799,612) | | | 304,893 |
Total net assets | | | $194,645,562 | | | $16,805,129 | | | $201,328,204 | | | $266,589,612 | | | $27,051,959 |
Net assets | | | $194,645,562 | | | $16,805,129 | | | $201,328,204 | | | $266,589,612 | | | $27,051,959 |
Shares issued and outstanding | | | 4,000,000 | | | 675,000 | | | 4,325,000 | | | 4,400,000 | | | 1,025,000 |
Net asset value per share | | | $48.66 | | | $24.90 | | | $46.55 | | | $60.59 | | | $26.39 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $190,710,025 | | | $17,094,484 | | | $189,700,995 | | | $274,643,512 | | | $27,827,394 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $9,552,836 | | | $954,127 | | | $8,922,771 | | | $13,005,344 | | | $1,292,048 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $1,325,844 | | | $170,351,539 | | | $38,086,055 | | | $5,779,377 | | | $204,066,418 |
Cash - interest bearing deposit
account | | | — | | | 502,906 | | | 149,052 | | | 6,954 | | | 479,650 |
Deposit at broker for other
investments | | | — | | | 198 | | | 200 | | | 200 | | | 199 |
Interest receivable | | | — | | | 1,762 | | | 513 | | | 26 | | | 1,924 |
Receivable for fund shares sold | | | 1,248,500 | | | — | | | — | | | — | | | — |
Receivable for investments sold | | | 80,794 | | | — | | | — | | | — | | | — |
Total assets | | | 2,655,138 | | | 170,856,405 | | | 38,235,820 | | | 5,786,557 | | | 204,548,191 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 80,912 | | | 9,733,147 | | | 2,128,738 | | | 73,510 | | | 2,420,484 |
Payable for investments purchased | | | 1,325,959 | | | — | | | — | | | — | | | — |
Payable to adviser | | | — | | | 98,237 | | | 23,742 | | | 3,474 | | | 148,567 |
Total liabilities | | | 1,406,871 | | | 9,831,384 | | | 2,152,480 | | | 76,984 | | | 2,569,051 |
NET ASSETS | | | $1,248,267 | | | $161,025,021 | | | $36,083,340 | | | $5,709,573 | | | $201,979,140 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $1,248,500 | | | $181,966,793 | | | $35,474,661 | | | $5,858,077 | | | $204,926,056 |
Total distributable earnings/
(accumulated losses) | | | (233) | | | (20,941,772) | | | 608,679 | | | (148,504) | | | (2,946,916) |
Total net assets | | | $1,248,267 | | | $161,025,021 | | | $36,083,340 | | | $5,709,573 | | | $201,979,140 |
Net assets | | | $1,248,267 | | | $161,025,021 | | | $36,083,340 | | | $5,709,573 | | | $201,979,140 |
Shares issued and outstanding | | | 50,000 | | | 3,240,000 | | | 1,450,000 | | | 225,000 | | | 7,375,000 |
Net asset value per share | | | $24.97 | | | $49.70 | | | $24.89 | | | $25.38 | | | $27.39 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $1,325,959 | | | $171,246,505 | | | $37,345,270 | | | $5,888,225 | | | $203,375,817 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $80,794 | | | $10,241,793 | | | $2,095,564 | | | $105,372 | | | $4,472,938 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $15,092,796 | | | $10,892,993 | | | $11,892,510 | | | $181,260,245 | | | $163,330,235 |
Cash - interest bearing deposit
account | | | 27,005 | | | 25,628 | | | 19,528 | | | 430,624 | | | 369,659 |
Deposit at broker for other
investments | | | 200 | | | 199 | | | 200 | | | 200 | | | 200 |
Interest receivable | | | 128 | | | 118 | | | 93 | | | 1,718 | | | 1,433 |
Total assets | | | 15,120,129 | | | 10,918,938 | | | 11,912,331 | | | 181,692,787 | | | 163,701,527 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 443,969 | | | 35,656 | | | 71,006 | | | 841,633 | | | 4,213,771 |
Payable to adviser | | | 11,279 | | | 8,016 | | | 8,698 | | | 133,341 | | | 118,413 |
Total liabilities | | | 455,248 | | | 43,672 | | | 79,704 | | | 974,974 | | | 4,332,184 |
NET ASSETS | | | $14,664,881 | | | $10,875,266 | | | $11,832,627 | | | $180,717,813 | | | $159,369,343 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $14,743,875 | | | $10,112,126 | | | $11,578,593 | | | $175,221,910 | | | $161,106,053 |
Total distributable earnings/
(accumulated losses) | | | (78,994) | | | 763,140 | | | 254,034 | | | 5,495,903 | | | (1,736,710) |
Total net assets | | | $14,664,881 | | | $10,875,266 | | | $11,832,627 | | | $180,717,813 | | | $159,369,343 |
Net assets | | | $14,664,881 | | | $10,875,266 | | | $11,832,627 | | | $180,717,813 | | | $159,369,343 |
Shares issued and outstanding | | | 600,000 | | | 400,000 | | | 450,000 | | | 5,700,000 | | | 5,675,000 |
Net asset value per share | | | $24.44 | | | $27.19 | | | $26.29 | | | $31.70 | | | $28.08 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $15,187,925 | | | $10,296,913 | | | $11,739,680 | | | $176,373,362 | | | $163,151,554 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $488,426 | | | $232,165 | | | $250,989 | | | $4,353,616 | | | $3,945,387 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $24,103,163 | | | $13,017,387 | | | $9,075,888 | | | $4,518,397 | | | $126,521,996 |
Cash - interest bearing deposit
account | | | 77,460 | | | 30,016 | | | 12,998 | | | 2,931 | | | 308,994 |
Deposit at broker for other
investments | | | 1,120 | | | 123 | | | 200 | | | 202 | | | 198 |
Interest receivable | | | 251 | | | 137 | | | 64 | | | 21 | | | 1,149 |
Receivable for investments sold | | | — | | | — | | | — | | | 4,534,602 | | | — |
Total assets | | | 24,181,994 | | | 13,047,663 | | | 9,089,150 | | | 9,056,153 | | | 126,832,337 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 381,125 | | | 93,612 | | | 114,958 | | | 136,396 | | | 5,036,416 |
Payable to adviser | | | 17,679 | | | 9,544 | | | 6,590 | | | 3,289 | | | 85,971 |
Payable for investments purchased | | | — | | | — | | | — | | | 4,518,987 | | | — |
Total liabilities | | | 398,804 | | | 103,156 | | | 121,548 | | | 4,658,672 | | | 5,122,387 |
NET ASSETS | | | $23,783,190 | | | $12,944,507 | | | $8,967,602 | | | $4,397,481 | | | $121,709,950 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $24,058,750 | | | $12,862,959 | | | $8,939,325 | | | $ 4,604,281 | | | $141,729,407 |
Total distributable earnings/
(accumulated losses) | | | (275,560) | | | 81,548 | | | 28,277 | | | (206,800) | | | (20,019,457) |
Total net assets | | | $23,783,190 | | | $12,944,507 | | | $8,967,602 | | | $4,397,481 | | | $121,709,950 |
Net assets | | | $23,783,190 | | | $12,944,507 | | | $8,967,602 | | | $4,397,481 | | | $121,709,950 |
Shares issued and outstanding | | | 950,000 | | | 500,000 | | | 350,000 | | | 150,000 | | | 4,125,000 |
Net asset value per share | | | $25.03 | | | $25.89 | | | $25.62 | | | $29.32 | | | $29.51 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $24,353,934 | | | $13,002,092 | | | $9,056,803 | | | $4,518,987 | | | $130,909,360 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $431,399 | | | $241,300 | | | $165,654 | | | $135,802 | | | $4,442,901 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $69,289,377 | | | $82,343,820 | | | $10,254,780 | | | $4,458,035 | | | $5,949,656 |
Cash - interest bearing deposit
account | | | 159,571 | | | 110,620 | | | 7,054 | | | 9,109 | | | 7,285 |
Deposit at broker for other
investments | | | 200 | | | 200 | | | 200 | | | 200 | | | 200 |
Interest receivable | | | 565 | | | 337 | | | 43 | | | 48 | | | 38 |
Total assets | | | 69,449,713 | | | 82,454,977 | | | 10,262,077 | | | 4,467,392 | | | 5,957,179 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 1,728,692 | | | 1,962,389 | | | 979,517 | | | 110,175 | | | 959,994 |
Payable to adviser | | | 45,416 | | | 39,388 | | | 6,208 | | | 3,136 | | | 3,349 |
Total liabilities | | | 1,774,108 | | | 2,001,777 | | | 985,725 | | | 113,311 | | | 963,343 |
NET ASSETS | | | $67,675,605 | | | $80,453,200 | | | $9,276,352 | | | $4,354,081 | | | $4,993,836 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $71,333,277 | | | $80,841,075 | | | $9,267,226 | | | $4,351,009 | | | $4,985,923 |
Total distributable earnings | | | (3,657,672) | | | (387,875) | | | 9,126 | | | 3,072 | | | 7,913 |
Total net assets | | | $67,675,605 | | | $80,453,200 | | | $9,276,352 | | | $4,354,081 | | | $4,993,836 |
Net assets | | | $67,675,605 | | | $80,453,200 | | | $9,276,352 | | | $4,354,081 | | | $4,993,836 |
Shares issued and outstanding | | | 2,425,000 | | | 3,175,000 | | | 375,000 | | | 175,000 | | | 200,000 |
Net asset value per share | | | $27.91 | | | $25.34 | | | $24.74 | | | $24.88 | | | $24.97 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $71,151,396 | | | $83,134,026 | | | $11,442,156 | | | $5,252,368 | | | $6,291,762 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $2,040,745 | | | $2,670,530 | | | $2,193,135 | | | $854,131 | | | $1,182,595 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $6,279,505 | | | $3,774,322 | | | $8,608,493 | | | $2,412,799 | | | $18,719,981 |
Cash - interest bearing deposit account | | | 4,091 | | | 24,523 | | | 58,879 | | | 14,027 | | | 94,927 |
Deposit at broker for other investments | | | 200 | | | — | | | 200 | | | 200 | | | 200 |
Interest receivable | | | 83 | | | 30 | | | 81 | | | 14 | | | 177 |
Total assets | | | 6,283,879 | | | 3,798,875 | | | 8,667,653 | | | 2,427,040 | | | 18,815,285 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 1,519,929 | | | 26,292 | | | 15,208 | | | 30,399 | | | 392,830 |
Payable to adviser | | | 3,196 | | | 2,520 | | | 5,776 | | | 1,603 | | | 12,038 |
Distributions payable | | | — | | | 17,600 | | | 39,984 | | | 11,068 | | | 78,777 |
Total liabilities | | | 1,523,125 | | | 46,412 | | | 60,968 | | | 43,070 | | | 483,645 |
NET ASSETS | | | $4,760,754 | | | $3,752,463 | | | $8,606,685 | | | $2,383,970 | | | $18,331,640 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $4,774,463 | | | $3,713,056 | | | $8,506,829 | | | $2,365,685 | | | $18,406,442 |
Total distributable earnings/(accumulated losses) | | | (13,709) | | | 39,407 | | | 99,856 | | | 18,285 | | | (74,802) |
Total net assets | | | $4,760,754 | | | $3,752,463 | | | $8,606,685 | | | $2,383,970 | | | $18,331,640 |
Net assets | | | $4,760,754 | | | $3,752,463 | | | $8,606,685 | | | $2,383,970 | | | $18,331,640 |
Shares issued and outstanding | | | 200,000 | | | 150,000 | | | 350,000 | | | 100,000 | | | 775,000 |
Net asset value per share | | | $23.80 | | | $25.02 | | | $24.59 | | | $23.84 | | | $23.65 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $6,245,019 | | | $3,767,140 | | | $8,607,618 | | | $2,404,818 | | | $18,770,632 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $1,460,663 | | | $58,516 | | | $137,531 | | | $40,703 | | | $373,145 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $30,834,646 | | | $9,574,979 | | | $24,638,556 | | | $26,161,526 | | | $41,968,496 |
Cash - interest bearing deposit
account | | | 23,268 | | | 19,130 | | | 10,911 | | | 16,391 | | | 31,289 |
Deposit at broker for other
investments | | | 200 | | | 200 | | | 200 | | | 200 | | | 200 |
Interest receivable | | | 132 | | | 88 | | | 71 | | | 236 | | | 169 |
Total assets | | | 30,858,246 | | | 9,594,397 | | | 24,649,738 | | | 26,178,353 | | | 42,000,154 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 3,037,344 | | | 281,125 | | | 4,061,951 | | | 6,535,659 | | | 3,687,739 |
Payable to adviser | | | 18,593 | | | 6,217 | | | 13,781 | | | 12,783 | | | 25,593 |
Total liabilities | | | 3,055,937 | | | 287,342 | | | 4,075,732 | | | 6,548,442 | | | 3,713,332 |
NET ASSETS | | | $27,802,309 | | | $9,307,055 | | | $20,574,006 | | | $19,629,911 | | | $38,286,822 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $27,760,263 | | | $9,286,224 | | | $20,387,157 | | | $19,681,460 | | | $38,227,724 |
Total distributable earnings/
(accumulated losses) | | | 42,046 | | | 20,831 | | | 186,849 | | | (51,549) | | | 59,098 |
Total net assets | | | $27,802,309 | | | $9,307,055 | | | $20,574,006 | | | $19,629,911 | | | $38,286,822 |
Net assets | | | $27,802,309 | | | $9,307,055 | | | $20,574,006 | | | $19,629,911 | | | $38,286,822 |
Shares issued and outstanding | | | 1,125,000 | | | 375,000 | | | 825,000 | | | 825,000 | | | 1,550,000 |
Net asset value per share | | | $24.71 | | | $24.82 | | | $24.94 | | | $23.79 | | | $24.70 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $34,251,064 | | | $11,245,163 | | | $25,070,138 | | | $25,984,072 | | | $45,785,797 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $6,647,195 | | | $1,895,980 | | | $4,533,726 | | | $6,249,992 | | | $7,653,119 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $22,841,681 | | | $27,668,184 | | | $27,283,974 | | | $20,608,958 | | | $5,032,114 |
Cash - interest bearing deposit
account | | | 61,898 | | | 12,531 | | | 17,040 | | | 15,972 | | | 15,166 |
Deposit at broker for other
investments | | | 200 | | | 200 | | | 200 | | | 200 | | | 200 |
Interest receivable | | | 268 | | | 73 | | | 220 | | | 82 | | | 64 |
Total assets | | | 22,904,047 | | | 27,680,988 | | | 27,301,434 | | | 20,625,212 | | | 5,047,544 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 586,241 | | | 3,970,099 | | | 5,857,933 | | | 1,492,641 | | | 92,607 |
Payable to adviser | | | 14,899 | | | 15,860 | | | 13,639 | | | 12,778 | | | 3,307 |
Total liabilities | | | 601,140 | | | 3,985,959 | | | 5,871,572 | | | 1,505,419 | | | 95,914 |
NET ASSETS | | | $22,302,907 | | | $23,695,029 | | | $21,429,862 | | | $19,119,793 | | | $4,951,630 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $22,298,687 | | | $23,553,813 | | | $21,487,246 | | | $19,091,034 | | | $4,951,091 |
Total distributable earnings/
(accumulated losses) | | | 4,220 | | | 141,216 | | | (57,384) | | | 28,759 | | | 539 |
Total net assets | | | $22,302,907 | | | $23,695,029 | | | $21,429,862 | | | $19,119,793 | | | $4,951,630 |
Net assets | | | $22,302,907 | | | $23,695,029 | | | $21,429,862 | | | $19,119,793 | | | $4,951,630 |
Shares issued and outstanding | | | 900,000 | | | 950,000 | | | 900,000 | | | 775,000 | | | 200,000 |
Net asset value per share | | | $24.78 | | | $24.94 | | | $23.81 | | | $24.67 | | | $24.76 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $25,991,771 | | | $27,794,315 | | | $27,091,519 | | | $21,891,040 | | | $5,578,113 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $3,458,447 | | | $4,193,497 | | | $5,553,560 | | | $2,821,589 | | | $436,823 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $9,171,627 | | | $15,072,599 | | | $1,893,050 | | | $9,844,064 | | | $1,212,409 |
Cash - interest bearing deposit account | | | 4,427 | | | 10,703 | | | 13,230 | | | 74,679 | | | 7,847 |
Deposit at broker for other investments | | | 200 | | | 245 | | | — | | | 200 | | | 200 |
Interest receivable | | | 25 | | | 103 | | | 14 | | | 92 | | | 9 |
Total assets | | | 9,176,279 | | | 15,083,650 | | | 1,906,294 | | | 9,919,035 | | | 1,220,465 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 1,066,863 | | | 2,580,916 | | | 19,239 | | | 23,569 | | | 22,308 |
Payable to adviser | | | 5,421 | | | 7,968 | | | 1,261 | | | 6,606 | | | 1,021 |
Distributions payable | | | — | | | — | | | 10,014 | | | 53,774 | | | 6,296 |
Total liabilities | | | 1,072,284 | | | 2,588,884 | | | 30,514 | | | 83,949 | | | 29,625 |
NET ASSETS | | | $8,103,995 | | | $12,494,766 | | | $1,875,780 | | | $9,835,086 | | | $1,190,840 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $8,072,573 | | | $12,528,526 | | | $1,850,518 | | | $9,631,403 | | | $1,181,490 |
Total distributable earnings/(accumulated losses) | | | 31,422 | | | (33,760) | | | 25,262 | | | 203,683 | | | 9,350 |
Total net assets | | | $8,103,995 | | | $12,494,766 | | | $1,875,780 | | | $9,835,086 | | | $1,190,840 |
Net assets | | | $8,103,995 | | | $12,494,766 | | | $1,875,780 | | | $9,835,086 | | | $1,190,840 |
Shares issued and outstanding | | | 325,000 | | | 525,000 | | | 75,000 | | | 400,000 | | | 50,000 |
Net asset value per share | | | $24.94 | | | $23.80 | | | $25.01 | | | $24.59 | | | $23.82 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $9,305,635 | | | $15,037,308 | | | $1,889,567 | | | $9,843,128 | | | $1,207,120 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $1,222,501 | | | $2,475,418 | | | $41,019 | | | $226,401 | | | $26,369 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $15,837,884 | | | $260,203,366 | | | $102,980,945 | | | $99,045,519 | | | $109,687,723 |
Cash - interest bearing deposit
account | | | 91,398 | | | 336,470 | | | 124,647 | | | 227,478 | | | 235,178 |
Deposit at broker for other
investments | | | 200 | | | 199 | | | 200 | | | 200 | | | 199 |
Interest receivable | | | 331 | | | 1,171 | | | 485 | | | 906 | | | 909 |
Receivable for investments sold | | | — | | | 22,585 | | | 10,967 | | | — | | | — |
Receivable for fund shares sold | | | — | | | 1,461,295 | | | 1,574,085 | | | — | | | — |
Receivable for transaction fee | | | — | | | 731 | | | 787 | | | — | | | — |
Total assets | | | 15,929,813 | | | 262,025,817 | | | 104,692,116 | | | 99,274,103 | | | 109,924,009 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 471,990 | | | 3,910,276 | | | 712,615 | | | 12,519,230 | | | 23,249,418 |
Distributions payable | | | 78,085 | | | — | | | — | | | — | | | — |
Payable to adviser | | | 10,305 | | | 145,488 | | | 57,030 | | | 58,734 | | | 59,072 |
Payable for investments purchased | | | — | | | 1,512,272 | | | 1,606,536 | | | — | | | — |
Total liabilities | | | 560,380 | | | 5,568,036 | | | 2,376,181 | | | 12,577,964 | | | 23,308,490 |
NET ASSETS | | | $15,369,433 | | | $256,457,781 | | | $102,315,935 | | | $86,696,139 | | | $86,615,519 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $15,426,361 | | | $264,035,539 | | | $104,999,734 | | | $86,647,230 | | | $87,295,133 |
Total distributable earnings/
(accumulated losses) | | | (56,928) | | | (7,577,758) | | | (2,683,799) | | | 48,909 | | | (679,614) |
Total net assets | | | $15,369,433 | | | $256,457,781 | | | $102,315,935 | | | $86,696,139 | | | $86,615,519 |
Net assets | | | $15,369,433 | | | $256,457,781 | | | $102,315,935 | | | $86,696,139 | | | $86,615,519 |
Shares issued and outstanding | | | 650,000 | | | 8,775,000 | | | 3,250,000 | | | 2,600,000 | | | 3,050,000 |
Net asset value per share | | | $23.65 | | | $29.23 | | | $31.48 | | | $33.34 | | | $28.40 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $15,882,002 | | | $261,703,635 | | | $104,035,094 | | | $90,419,901 | | | $87,314,262 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $459,208 | | | $5,684,998 | | | $1,149,218 | | | $9,142,725 | | | $8,865,505 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $170,168,781 | | | $74,235,393 | | | $8,514,084 | | | $11,965,398 | | | $11,963,922 |
Cash - interest bearing deposit account | | | 434,973 | | | 205,764 | | | 27,174 | | | 10,992 | | | 17,379 |
Deposit at broker for other investments | | | 199 | | | 200 | | | 200 | | | 200 | | | 200 |
Interest receivable | | | 1,607 | | | 753 | | | 117 | | | 49 | | | 81 |
Total assets | | | 170,605,560 | | | 74,442,110 | | | 8,541,575 | | | 11,976,639 | | | 11,981,582 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 20,112,648 | | | 7,837,763 | | | 792,282 | | | 2,169,057 | | | 998,200 |
Payable to adviser | | | 101,351 | | | 44,645 | | | 5,211 | | | 6,794 | | | 7,406 |
Total liabilities | | | 20,213,999 | | | 7,882,408 | | | 797,493 | | | 2,175,851 | | | 1,005,606 |
NET ASSETS | | | $150,391,561 | | | $66,559,702 | | | $7,744,082 | | | $9,800,788 | | | $10,975,976 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $148,514,533 | | | $80,300,456 | | | $8,152,069 | | | $9,054,957 | | | $10,688,755 |
Total distributable earnings | | | 1,877,028 | | | (13,740,754) | | | (407,987) | | | 745,831 | | | 287,221 |
Total net assets | | | $150,391,561 | | | $66,559,702 | | | $7,744,082 | | | $9,800,788 | | | $10,975,976 |
Net assets | | | $150,391,561 | | | $66,559,702 | | | $7,744,082 | | | $9,800,788 | | | $10,975,976 |
Shares issued and outstanding | | | 4,500,000 | | | 2,250,000 | | | 225,000 | | | 350,000 | | | 325,000 |
Net asset value per share | | | $33.42 | | | $29.58 | | | $34.42 | | | $28.00 | | | $33.77 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $164,117,821 | | | $74,999,464 | | | $7,555,215 | | | $9,626,967 | | | $11,210,752 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $18,144,009 | | | $8,378,544 | | | $509,512 | | | $790,134 | | | $751,537 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $5,491,574 | | | $52,441,174 | | | $13,323,240 | | | $24,150,042 | | | $13,660,274 |
Cash - interest bearing deposit account | | | 15,283 | | | 56,325 | | | 32,531 | | | 32,530 | | | 23,484 |
Deposit at broker for other investments | | | 200 | | | 200 | | | 200 | | | 200 | | | 200 |
Interest receivable | | | 74 | | | 230 | | | 142 | | | 108 | | | 215 |
Total assets | | | 5,507,131 | | | 52,497,929 | | | 13,356,113 | | | 24,182,880 | | | 13,684,173 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 347,267 | | | 987,214 | | | 2,423,624 | | | 7,097,102 | | | 2,206,145 |
Payable to adviser | | | 3,969 | | | 36,716 | | | 7,343 | | | 11,925 | | | 8,247 |
Total liabilities | | | 351,236 | | | 1,023,930 | | | 2,430,967 | | | 7,109,027 | | | 2,214,392 |
NET ASSETS | | | $5,155,895 | | | $51,473,999 | | | $10,925,146 | | | $17,073,853 | | | $11,469,781 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $11,232,153 | | | $51,707,941 | | | $11,555,777 | | | $19,184,337 | | | $13,263,835 |
Total distributable earnings/(accumulated losses) | | | (6,076,258) | | | (233,942) | | | (630,631) | | | (2,110,484) | | | (1,794,054) |
Total net assets | | | $5,155,895 | | | $51,473,999 | | | $10,925,146 | | | $17,073,853 | | | $11,469,781 |
Net assets | | | $5,155,895 | | | $51,473,999 | | | $10,925,146 | | | $17,073,853 | | | $11,469,781 |
Shares issued and outstanding | | | 175,000 | | | 1,475,000 | | | 325,000 | | | 625,000 | | | 350,000 |
Net asset value per share | | | $29.46 | | | $34.90 | | | $33.62 | | | $27.32 | | | $32.77 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $5,551,163 | | | $53,347,250 | | | $11,768,310 | | | $19,633,173 | | | $12,712,219 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $383,209 | | | $1,659,349 | | | $1,531,296 | | | $2,402,216 | | | $1,656,144 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $16,316,068 | | | $265,533,263 | | | $186,754,843 | | | $133,299,461 | | | $137,525,052 |
Cash - interest bearing deposit
account | | | 60,403 | | | 805,220 | | | 532,942 | | | 338,846 | | | 373,178 |
Deposit at broker for other
investments | | | 200 | | | 83 | | | 199 | | | 199 | | | 140 |
Interest receivable | | | 229 | | | 3,115 | | | 2,166 | | | 1,418 | | | 1,474 |
Total assets | | | 16,376,900 | | | 266,341,681 | | | 187,290,150 | | | 133,639,924 | | | 137,899,844 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 2,065,339 | | | 5,090,539 | | | 6,350,652 | | | 8,049,410 | | | 6,643,372 |
Payable to adviser | | | 9,493 | | | 186,661 | | | 122,774 | | | 86,834 | | | 88,569 |
Total liabilities | | | 2,074,832 | | | 5,277,200 | | | 6,473,426 | | | 8,136,244 | | | 6,731,941 |
NET ASSETS | | | $14,302,068 | | | $261,064,481 | | | $180,816,724 | | | $125,503,680 | | | $131,167,903 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $16,664,025 | | | $268,665,098 | | | $193,215,333 | | | $112,349,518 | | | $123,477,018 |
Total distributable earnings | | | (2,361,957) | | | (7,600,617) | | | (12,398,609) | | | 13,154,162 | | | 7,690,885 |
Total net assets | | | $14,302,068 | | | $261,064,481 | | | $180,816,724 | | | $125,503,680 | | | $131,167,903 |
Net assets | | | $14,302,068 | | | $261,064,481 | | | $180,816,724 | | | $125,503,680 | | | $131,167,903 |
Shares issued and outstanding | | | 500,000 | | | 6,050,000 | | | 4,250,000 | | | 2,900,000 | | | 3,125,000 |
Net asset value per share | | | $28.60 | | | $43.15 | | | $42.55 | | | $43.28 | | | $41.97 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $16,574,029 | | | $248,980,419 | | | $181,895,688 | | | $111,161,337 | | | $123,630,988 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $2,247,131 | | | $7,842,443 | | | $6,425,082 | | | $3,439,288 | | | $3,584,682 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $263,907,778 | | | $266,661,208 | | | $155,594,575 | | | $177,448,176 | | | $136,018,471 |
Cash - interest bearing deposit
account | | | 709,238 | | | 800,589 | | | 497,510 | | | 520,061 | | | 369,714 |
Deposit at broker for other investments | | | 140 | | | 199 | | | 200 | | | 152 | | | 116 |
Interest receivable | | | 2,722 | | | 3,184 | | | 1,837 | | | 1,975 | | | 1,519 |
Receivable for investments sold | | | — | | | — | | | — | | | 3,418,913 | | | — |
Receivable for transaction fee | | | — | | | — | | | — | | | 561 | | | — |
Total assets | | | 264,619,878 | | | 267,465,180 | | | 156,094,122 | | | 181,389,838 | | | 136,389,820 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 11,329,554 | | | 7,521,565 | | | 5,054,915 | | | 3,873,816 | | | 5,420,967 |
Payable to adviser | | | 168,814 | | | 177,337 | | | 101,756 | | | 119,646 | | | 89,472 |
Payable for investments purchased | | | — | | | — | | | — | | | 74,736 | | | — |
Payable for capital shares redeemed | | | — | | | — | | | — | | | 3,366,862 | | | — |
Total liabilities | | | 11,498,368 | | | 7,698,902 | | | 5,156,671 | | | 7,435,060 | | | 5,510,439 |
NET ASSETS | | | $253,121,510 | | | $259,766,278 | | | $150,937,451 | | | $173,954,778 | | | $130,879,381 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $ 243,506,747 | | | $ 261,774,294 | | | $145,565,910 | | | $161,590,259 | | | $125,698,632 |
Total distributable earnings | | | 9,614,763 | | | (2,008,016) | | | 5,371,541 | | | 12,364,519 | | | 5,180,749 |
Total net assets | | | $253,121,510 | | | $259,766,278 | | | $150,937,451 | | | $173,954,778 | | | $130,879,381 |
Net assets | | | $253,121,510 | | | $259,766,278 | | | $150,937,451 | | | $173,954,778 | | | $130,879,381 |
Shares issued and outstanding | | | 5,425,000 | | | 5,975,000 | | | 3,725,000 | | | 3,875,000 | | | 3,325,000 |
Net asset value per share | | | $46.66 | | | $43.48 | | | $40.52 | | | $44.89 | | | $39.36 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $228,570,212 | | | $256,739,884 | | | $146,848,093 | | | $163,055,619 | | | $122,786,185 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $7,356,514 | | | $8,022,869 | | | $4,747,380 | | | $4,952,831 | | | $4,162,350 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $103,760,820 | | | $242,290,616 | | | $209,546,734 | | | $806,742,825 | | | $882,658,317 |
Cash - interest bearing deposit
account | | | 247,812 | | | 715,646 | | | 625,068 | | | 2,288,125 | | | 2,553,704 |
Deposit at broker for other investments | | | 199 | | | 198 | | | 200 | | | — | | | 198 |
Interest receivable | | | 1,047 | | | 2,590 | | | 2,479 | | | 9,294 | | | 10,026 |
Receivable for investments sold | | | 115,573,239 | | | — | | | — | | | 57,148 | | | — |
Receivable for fund shares sold | | | 957,632 | | | — | | | — | | | — | | | — |
Receivable for transaction fee | | | 479 | | | — | | | — | | | — | | | — |
Total assets | | | 220,541,228 | | | 243,009,050 | | | 210,174,481 | | | 809,097,392 | | | 885,222,245 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 4,442,505 | | | 9,817,444 | | | 7,839,665 | | | 22,245,240 | | | 32,700,182 |
Payable for investments purchased | | | 116,454,466 | | | — | | | — | | | 1,581 | | | — |
Payable to adviser | | | 68,802 | | | 139,930 | | | 136,788 | | | 559,005 | | | 575,485 |
Due to broker | | | — | | | — | | | — | | | 780 | | | — |
Total liabilities | | | 120,965,773 | | | 9,957,374 | | | 7,976,453 | | | 22,806,606 | | | 33,275,667 |
NET ASSETS | | | $99,575,455 | | | $233,051,676 | | | $202,198,028 | | | $786,290,786 | | | $851,946,578 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $129,156,555 | | | $269,650,542 | | | $209,859,443 | | | $848,423,127 | | | $877,920,028 |
Total distributable earnings | | | (29,581,100) | | | (36,598,866) | | | (7,661,415) | | | (62,132,341) | | | (25,973,450) |
Total net assets | | | $99,575,455 | | | $233,051,676 | | | $202,198,028 | | | $786,290,786 | | | $851,946,578 |
Net assets | | | $99,575,455 | | | $233,051,676 | | | $202,198,028 | | | $786,290,786 | | | $851,946,578 |
Shares issued and outstanding | | | 2,600,000 | | | 5,525,000 | | | 4,825,000 | | | 21,925,000 | | | 22,575,000 |
Net asset value per share | | | $38.30 | | | $42.18 | | | $41.91 | | | $35.86 | | | $37.74 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $103,770,168 | | | $243,543,981 | | | $207,166,167 | | | $757,766,197 | | | $856,985,887 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $4,433,034 | | | $9,993,967 | | | $7,733,924 | | | $23,756,445 | | | $30,372,688 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $811,648,320 | | | $691,828,442 | | | $1,054,876,706 | | | $1,000,731,599 | | | $638,980,540 |
Cash - interest bearing deposit account | | | 2,083,128 | | | 1,863,481 | | | 2,848,015 | | | 2,893,148 | | | 1,874,303 |
Deposit at broker for other investments | | | 198 | | | 20 | | | — | | | 198 | | | 199 |
Interest receivable | | | 8,171 | | | 7,261 | | | 11,196 | | | 11,515 | | | 7,413 |
Receivable for investments sold | | | 2,146,606 | | | 1,925,836 | | | — | | | 3,179,115 | | | 2,875,576 |
Receivable for transaction fee | | | — | | | — | | | — | | | 1,510 | | | 460 |
Total assets | | | 815,886,423 | | | 695,625,040 | | | 1,057,735,917 | | | 1,006,817,085 | | | 643,738,491 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at
value | | | 75,475,104 | | | 48,681,706 | | | 70,181,000 | | | 31,869,551 | | | 26,197,380 |
Payable for capital shares redeemed | | | 1,926,335 | | | 1,805,505 | | | — | | | 3,019,163 | | | 2,758,590 |
Payable to adviser | | | 499,082 | | | 437,442 | | | 672,423 | | | 662,857 | | | 418,759 |
Payable for investments
purchased | | | 199,624 | | | 135,515 | | | — | | | 101,546 | | | 117,995 |
Due to broker | | | — | | | — | | | 394 | | | — | | | — |
Total liabilities | | | 78,100,145 | | | 51,060,168 | | | 70,853,817 | | | 35,653,117 | | | 29,492,724 |
NET ASSETS | | | $737,786,278 | | | $644,564,872 | | | $986,882,100 | | | $971,163,968 | | | $614,245,767 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $689,325,353 | | | $615,994,611 | | | $948,063,098 | | | $998,743,057 | | | $587,821,769 |
Total distributable earnings | | | 48,460,925 | | | 28,570,261 | | | 38,819,002 | | | (27,579,089) | | | 26,423,998 |
Total net assets | | | $737,786,278 | | | $644,564,872 | | | $986,882,100 | | | $971,163,968 | | | $614,245,767 |
Net assets | | | $737,786,278 | | | $644,564,872 | | | $986,882,100 | | | $971,163,968 | | | $614,245,767 |
Shares issued and outstanding | | | 19,150,000 | | | 17,850,000 | | | 23,825,000 | | | 24,125,000 | | | 16,700,000 |
Net asset value per share | | | $38.53 | | | $36.11 | | | $41.42 | | | $40.26 | | | $36.78 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $674,375,952 | | | $612,670,673 | | | $908,963,103 | | | $965,201,049 | | | $601,865,642 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $21,666,321 | | | $19,973,996 | | | $28,522,889 | | | $29,994,442 | | | $18,962,569 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $578,017,056 | | | $595,396,577 | | | $697,966,752 | | | $880,116,705 | | | $924,567,449 |
Cash - interest bearing deposit account | | | 1,618,549 | | | 1,644,447 | | | 1,618,056 | | | 2,613,433 | | | 2,764,131 |
Deposit at broker for other investments | | | 638 | | | — | | | 197 | | | 198 | | | 198 |
Interest receivable | | | 6,209 | | | 6,401 | | | 6,855 | | | 9,038 | | | 10,731 |
Receivable for investments sold | | | — | | | — | | | 813,764,272 | | | 199,919 | | | — |
Receivable for fund shares sold | | | — | | | — | | | 12,985,315 | | | 4,842,113 | | | — |
Receivable for transaction fee | | | — | | | — | | | 12,058 | | | 2,421 | | | — |
Total assets | | | 579,642,452 | | | 597,047,425 | | | 1,526,353,505 | | | 887,783,827 | | | 927,342,509 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at
value | | | 22,083,129 | | | 34,105,093 | | | 29,905,568 | | | 34,845,150 | | | 35,510,125 |
Payable to adviser | | | 377,807 | | | 378,223 | | | 447,076 | | | 505,861 | | | 604,272 |
Interest payable | | | — | | | — | | | — | | | 1 | | | — |
Payable for investments
purchased | | | — | | | — | | | 815,313,425 | | | 5,061,642 | | | — |
Payable for capital shares redeemed | | | — | | | — | | | 11,130,270 | | | — | | | — |
Due to broker | | | — | | | 93 | | | — | | | — | | | — |
Total liabilities | | | 22,460,936 | | | 34,483,409 | | | 856,796,339 | | | 40,412,654 | | | 36,114,397 |
NET ASSETS | | | $557,181,516 | | | $562,564,016 | | | $669,557,166 | | | $847,371,173 | | | $891,228,112 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $541,912,182 | | | $535,249,659 | | | $888,392,652 | | | $978,278,597 | | | $953,959,455 |
Total distributable earnings | | | 15,269,334 | | | 27,314,357 | | | (218,835,486) | | | (130,907,424) | | | (62,731,343) |
Total net assets | | | $557,181,516 | | | $562,564,016 | | | $669,557,166 | | | $847,371,173 | | | $891,228,112 |
Net assets | | | $557,181,516 | | | $562,564,016 | | | $669,557,166 | | | $847,371,173 | | | $891,228,112 |
Shares issued and outstanding | | | 14,200,000 | | | 15,975,000 | | | 18,050,000 | | | 21,875,000 | | | 23,250,000 |
Net asset value per share | | | $39.24 | | | $35.22 | | | $37.09 | | | $38.74 | | | $38.33 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $529,749,959 | | | $539,955,838 | | | $698,029,265 | | | $885,420,717 | | | $912,198,007 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $16,800,187 | | | $18,220,037 | | | $29,842,224 | | | $36,471,792 | | | $33,278,160 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $149,677,800 | | | $238,271,932 | | | $78,392,394 | | | $60,139,013 | | | $171,722,941 |
Cash | | | — | | | — | | | — | | | — | | | 52,801 |
Cash - interest bearing deposit account | | | 459,489 | | | 688,975 | | | 206,365 | | | 149,285 | | | 420,277 |
Deposit at broker for other investments | | | 113 | | | 199 | | | 200 | | | 176 | | | 164 |
Interest receivable | | | 1,862 | | | 2,727 | | | 760 | | | 647 | | | 1,751 |
Total assets | | | 150,139,264 | | | 238,963,833 | | | 78,599,719 | | | 60,289,121 | | | 172,197,934 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 3,133,784 | | | 6,097,884 | | | 7,248,740 | | | 3,946,929 | | | 11,660,289 |
Payable to adviser | | | 109,433 | | | 158,474 | | | 47,622 | | | 38,472 | | | 109,370 |
Total liabilities | | | 3,243,217 | | | 6,256,358 | | | 7,296,362 | | | 3,985,401 | | | 11,769,659 |
NET ASSETS | | | $146,896,047 | | | $232,707,475 | | | $71,303,357 | | | $56,303,720 | | | $160,428,275 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $156,299,614 | | | $246,794,495 | | | $70,470,152 | | | $56,930,174 | | | $177,826,596 |
Total distributable earnings/
(accumulated losses) | | | (9,403,567) | | | (14,087,020) | | | 833,205 | | | (626,454) | | | (17,398,321) |
Total net assets | | | $146,896,047 | | | $232,707,475 | | | $71,303,357 | | | $56,303,720 | | | $160,428,275 |
Net assets | | | $146,896,047 | | | $232,707,475 | | | $71,303,357 | | | $56,303,720 | | | $160,428,275 |
Shares issued and outstanding | | | 4,875,000 | | | 6,675,000 | | | 2,025,000 | | | 1,725,000 | | | 4,200,000 |
Net asset value per share | | | $30.13 | | | $34.86 | | | $35.21 | | | $32.64 | | | $38.20 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $139,293,147 | | | $229,679,474 | | | $64,977,934 | | | $53,681,811 | | | $147,183,835 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $2,426,936 | | | $4,958,089 | | | $1,306,534 | | | $1,037,423 | | | $2,795,435 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $147,218,031 | | | $93,856,901 | | | $84,426,433 | | | $55,310,049 | | | $40,250,133 |
Cash - interest bearing deposit account | | | 429,933 | | | 257,140 | | | 237,674 | | | 169,068 | | | 98,297 |
Deposit at broker for other investments | | | 199 | | | 199 | | | 189 | | | 176 | | | 200 |
Interest receivable | | | 1,707 | | | 1,099 | | | 1,093 | | | 593 | | | 454 |
Receivable for fund shares sold | | | 1,688,940 | | | — | | | — | | | — | | | — |
Receivable for investments sold | | | 36,680 | | | — | | | — | | | — | | | 47,309,298 |
Receivable for transaction fee | | | 844 | | | — | | | — | | | — | | | — |
Total assets | | | 149,376,334 | | | 94,115,339 | | | 84,665,389 | | | 55,479,886 | | | 87,658,382 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 3,157,188 | | | 2,968,358 | | | 2,690,295 | | | 2,704,570 | | | 1,252,251 |
Payable for investments purchased | | | 1,717,989 | | | — | | | — | | | — | | | 47,257,531 |
Payable to adviser | | | 96,324 | | | 62,085 | | | 64,151 | | | 35,405 | | | 26,967 |
Total liabilities | | | 4,971,501 | | | 3,030,443 | | | 2,754,446 | | | 2,739,975 | | | 48,536,749 |
NET ASSETS | | | $144,404,833 | | | $91,084,896 | | | $81,910,943 | | | $52,739,911 | | | $39,121,633 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $143,681,437 | | | $89,075,993 | | | $80,317,438 | | | $51,835,456 | | | $51,745,809 |
Total distributable earnings | | | 723,396 | | | 2,008,903 | | | 1,593,505 | | | 904,455 | | | (12,624,176) |
Total net assets | | | $144,404,833 | | | $91,084,896 | | | $81,910,943 | | | $52,739,911 | | | $39,121,633 |
Net assets | | | $144,404,833 | | | $91,084,896 | | | $81,910,943 | | | $52,739,911 | | | $39,121,633 |
Shares issued and outstanding | | | 4,275,000 | | | 2,750,000 | | | 2,350,000 | | | 1,600,000 | | | 1,150,000 |
Net asset value per share | | | $33.78 | | | $33.12 | | | $34.86 | | | $32.96 | | | $34.02 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $142,057,142 | | | $88,131,544 | | | $77,248,419 | | | $50,137,159 | | | $40,253,803 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $2,905,995 | | | $2,019,693 | | | $1,514,190 | | | $1,082,923 | | | $1,248,546 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $166,113,618 | | | $167,189,208 | | | $118,612,056 | | | $184,138,910 | | | $71,324,286 |
Cash - interest bearing deposit account | | | 467,563 | | | 543,194 | | | 125,005 | | | 544,584 | | | 211,523 |
Deposit at broker for other investments | | | 200 | | | 200 | | | 200 | | | 199 | | | 199 |
Interest receivable | | | 1,536 | | | 2,067 | | | 82 | | | 2,146 | | | 573 |
Receivable for fund shares sold | | | 3,466,450 | | | 1,727,895 | | | — | | | — | | | — |
Receivable for investments sold | | | 94,773 | | | 45,320 | | | — | | | — | | | 22,989 |
Receivable for transaction fee | | | 1,733 | | | 864 | | | — | | | — | | | — |
Total assets | | | 170,145,873 | | | 169,508,748 | | | 118,737,343 | | | 184,685,839 | | | 71,559,570 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 4,457,181 | | | 4,378,208 | | | 3,129,849 | | | 4,594,679 | | | 2,739,066 |
Payable for investments purchased | | | 3,544,545 | | | 1,736,889 | | | — | | | — | | | 886 |
Payable to adviser | | | 86,334 | | | 107,155 | | | 9,780 | | | 122,641 | | | 29,111 |
Total liabilities | | | 8,088,060 | | | 6,222,252 | | | 3,139,629 | | | 4,717,320 | | | 2,769,063 |
NET ASSETS | | | $162,057,813 | | | $163,286,496 | | | $115,597,714 | | | $179,968,519 | | | $68,790,507 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $178,059,214 | | | $172,696,680 | | | $116,362,865 | | | $178,943,401 | | | $69,358,946 |
Total distributable earnings/
(accumulated losses) | | | (16,001,401) | | | (9,410,184) | | | (765,151) | | | 1,025,118 | | | (568,439) |
Total net assets | | | $162,057,813 | | | $163,286,496 | | | $115,597,714 | | | $179,968,519 | | | $68,790,507 |
Net assets | | | $162,057,813 | | | $163,286,496 | | | $115,597,714 | | | $179,968,519 | | | $68,790,507 |
Shares issued and outstanding | | | 4,675,000 | | | 4,725,000 | | | 4,425,000 | | | 5,575,000 | | | 2,775,000 |
Net asset value per share | | | $34.66 | | | $34.56 | | | $26.12 | | | $32.28 | | | $24.79 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $167,258,185 | | | $165,174,770 | | | $119,189,329 | | | $183,584,335 | | | $72,047,511 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $4,922,181 | | | $4,044,294 | | | $3,178,771 | | | $8,097,772 | | | $2,981,607 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
ASSETS:
| | | | | | | | | | | | | | | |
Investments, at value | | | $405,686,220 | | | $162,589,494 | | | $11,007,629 | | | $1,325,068 | | | $156,065,391 |
Cash - interest bearing deposit
account | | | 1,160,979 | | | 432,270 | | | 46,019 | | | — | | | 415,839 |
Deposit at broker for other
investments | | | 198 | | | 199 | | | 385 | | | — | | | 199 |
Interest receivable | | | 4,541 | | | 1,659 | | | 121 | | | — | | | 1,296 |
Receivable for investments sold | | | 21,786 | | | — | | | — | | | 74,983 | | | 22,903 |
Receivable for fund shares sold | | | — | | | — | | | — | | | 1,253,500 | | | — |
Total assets | | | 406,873,724 | | | 163,023,622 | | | 11,054,154 | | | 2,653,551 | | | 156,505,628 |
LIABILITIES:
| | | | | | | | | | | | | | | |
Written option contracts, at value | | | 5,324,748 | | | 8,112,808 | | | 463,777 | | | 75,168 | | | 8,216,478 |
Payable to adviser | | | 276,614 | | | 103,082 | | | 7,372 | | | — | | | 78,855 |
Payable for investments purchased | | | 289 | | | — | | | — | | | 1,325,251 | | | 1,209 |
Total liabilities | | | 5,601,651 | | | 8,215,890 | | | 471,149 | | | 1,400,419 | | | 8,296,542 |
NET ASSETS | | | $401,272,073 | | | $154,807,732 | | | $10,583,005 | | | $1,253,132 | | | $148,209,086 |
NET ASSETS CONSISTS OF:
| | | | | | | | | | | | | | | |
Paid-in capital | | | $385,459,308 | | | $156,340,450 | | | $10,132,371 | | | $1,253,500 | | | $160,483,127 |
Total distributable earnings/
(accumulated losses) | | | 15,812,765 | | | (1,532,718) | | | 450,634 | | | (368) | | | (12,274,041) |
Total net assets | | | $401,272,073 | | | $154,807,732 | | | $10,583,005 | | | $1,253,132 | | | $148,209,086 |
Net assets | | | $401,272,073 | | | $154,807,732 | | | $10,583,005 | | | $1,253,132 | | | $148,209,086 |
Shares issued and outstanding | | | 10,900,000 | | | 5,350,000 | | | 400,000 | | | 50,000 | | | 4,925,000 |
Net asset value per share | | | $36.81 | | | $28.94 | | | $26.46 | | | $25.06 | | | $30.09 |
Cost:
| | | | | | | | | | | | | | | |
Investments, at cost | | | $390,938,020 | | | $154,843,202 | | | $10,489,879 | | | $1,325,251 | | | $157,731,223 |
Proceeds:
| | | | | | | | | | | | | | | |
Written options premium | | | $17,411,552 | | | $7,075,568 | | | $429,837 | | | $74,983 | | | $8,792,236 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Assets and Liabilities
October 31, 2024(Continued)
| | | | |
ASSETS:
| | | |
Investments, at value | | | $19,898,553 |
Cash - interest bearing deposit account | | | 64,515 |
Deposit at broker for other investments | | | 200 |
Interest receivable | | | 269 |
Total assets | | | 19,963,537 |
LIABILITIES:
| | | |
Written option contracts, at value | | | 963,078 |
Payable to adviser | | | 12,747 |
Total liabilities | | | 975,825 |
NET ASSETS | | | $18,987,712 |
NET ASSETS CONSISTS OF:
| | | |
Paid-in capital | | | $18,860,812 |
Total distributable earnings | | | 126,900 |
Total net assets | | | $18,987,712 |
Net assets | | | $18,987,712 |
Shares issued and outstanding | | | 750,000 |
Net asset value per share | | | $25.32 |
Cost:
| | | |
Investments, at cost | | | $19,852,162 |
Proceeds:
| | | |
Written options premium | | | $1,062,846 |
| | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $1,948 | | | $7,435 | | | $53,084 | | | $54 | | | $6,134 |
Total investment income | | | 1,948 | | | 7,435 | | | 53,084 | | | 54 | | | 6,134 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 390,417 | | | 465,741 | | | 4,530,105 | | | 12,936 | | | 641,419 |
Total expenses | | | 390,417 | | | 465,741 | | | 4,530,105 | | | 12,936 | | | 641,419 |
Net investment loss | | | (388,469 ) | | | (458,306 ) | | | (4,477,021 ) | | | (12,882 ) | | | (635,285 ) |
REALIZED AND UNREALIZED GAIN/(LOSS)
| | | | | | | | | | | | | | | |
Net realized gain/(loss) from:
| | | | | | | | | | | | | | | |
Investments | | | (715,469 ) | | | (2,573,149 ) | | | 71,824,194 | | | 52,358 | | | (2,612,468 ) |
In-kind redemptions | | | 6,536,188 | | | 291,298 | | | 71,651,619 | | | 173,001 | | | 5,226,929 |
Written option contracts expired or closed | | | (511,908 ) | | | 1,113,950 | | | (74,836,218 ) | | | (84,512 ) | | | 875,651 |
Net realized gain/(loss) | | | 5,308,811 | | | (1,167,901 ) | | | 68,639,595 | | | 140,847 | | | 3,490,112 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (2,084,066 ) | | | 4,583,152 | | | 1,558,706 | | | (332,638 ) | | | 6,294,663 |
Written option contracts | | | 384,510 | | | 6,307,963 | | | 385,959 | | | 143,944 | | | (813,519 ) |
Net change in unrealized appreciation/
(depreciation) | | | (1,699,556 ) | | | 10,891,115 | | | 1,944,665 | | | (188,694 ) | | | 5,481,144 |
Net realized and unrealized gain/(loss) | | | 3,609,255 | | | 9,723,214 | | | 70,584,260 | | | (47,847 ) | | | 8,971,256 |
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $3,220,786 | | | $9,264,908 | | | $66,107,239 | | | $(60,729 ) | | | $8,335,971 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $17,324 | | | $8,315 | | | $3,836 | | | $2,793 | | | $5,770 |
Total investment income | | | 17,324 | | | 8,315 | | | 3,836 | | | 2,793 | | | 5,770 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 1,655,179 | | | 844,615 | | | 364,742 | | | 138,912 | | | 290,403 |
Total expenses | | | 1,655,179 | | | 844,615 | | | 364,742 | | | 138,912 | | | 290,403 |
Net investment loss | | | (1,637,855 ) | | | (836,300 ) | | | (360,906 ) | | | (136,119 ) | | | (284,633 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 3,956,653 | | | 2,990,947 | | | 822,649 | | | (36,918 ) | | | (6,303 ) |
In-kind redemptions | | | 9,733,795 | | | 2,210,378 | | | 7,267,546 | | | 127,787 | | | 1,024,565 |
Written option contracts expired or closed | | | 1,641,829 | | | 2,099,513 | | | 296,534 | | | (7,936 ) | | | (3,409 ) |
Net realized gain | | | 15,332,277 | | | 7,300,838 | | | 8,386,729 | | | 82,933 | | | 1,014,853 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 12,836,673 | | | 6,865,471 | | | (466,574 ) | | | 3,147,815 | | | 3,150,663 |
Written option contracts | | | (887,423 ) | | | (749,802 ) | | | (43,245 ) | | | (1,296,612 ) | | | (797,412 ) |
Net change in unrealized appreciation/
(depreciation) | | | 11,949,250 | | | 6,115,669 | | | (509,819 ) | | | 1,851,203 | | | 2,353,251 |
Net realized and unrealized gain | | | 27,281,527 | | | 13,416,507 | | | 7,876,910 | | | 1,934,136 | | | 3,368,104 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $ 25,643,672 | | | $ 12,580,207 | | | $ 7,516,004 | | | $1,798,017 | | | $ 3,083,471 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was July 31, 2024. |
(b)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $— | | | $556 | | | $2,000 | | | $7,808 | | | $10,870 |
Total investment income | | | — | | | 556 | | | 2,000 | | | 7,808 | | | 10,870 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | — | | | 32,995 | | | 119,538 | | | 295,632 | | | 435,510 |
Total expenses | | | — | | | 32,995 | | | 119,538 | | | 295,632 | | | 435,510 |
Net investment loss | | | — | | | (32,439 ) | | | (117,538 ) | | | (287,824 ) | | | (424,640 ) |
REALIZED AND UNREALIZED GAIN/(LOSS)
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | — | | | — | | | (1,165 ) | | | 3,427 | | | (36,729 ) |
In-kind redemptions | | | — | | | — | | | 69,818 | | | 1,132,435 | | | 3,561,397 |
Written option contracts expired or closed | | | — | | | — | | | (1,314 ) | | | (131,408 ) | | | (68,212 ) |
Net realized gain | | | — | | | — | | | 67,339 | | | 1,004,454 | | | 3,456,456 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (106 ) | | | (367,778 ) | | | 1,969,447 | | | 4,997,521 | | | 6,995,192 |
Written option contracts | | | (54 ) | | | 295,927 | | | (969,209 ) | | | (1,565,421 ) | | | (5,547,237 ) |
Net change in unrealized appreciation/
(depreciation) | | | (160 ) | | | (71,851 ) | | | 1,000,238 | | | 3,432,100 | | | 1,447,955 |
Net realized and unrealized gain/(loss) | | | (160 ) | | | (71,851 ) | | | 1,067,577 | | | 4,436,554 | | | 4,904,411 |
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $ (160 ) | | | $ (104,290 ) | | | $950,039 | | | $4,148,730 | | | $4,479,771 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was October 31, 2024. |
(b)
| Inception date of the Fund was September 30, 2024. |
(c)
| Inception date of the Fund was August 30, 2024. |
(d)
| Inception date of the Fund was March 28, 2024. |
(e)
| Inception date of the Fund was December 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $49,432 | | | $4,070 | | | $525 | | | $457 | | | $7,050 |
Total investment income | | | 49,432 | | | 4,070 | | | 525 | | | 457 | | | 7,050 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 1,791,805 | | | 152,283 | | | 25,760 | | | 36,113 | | | 399,818 |
Total expenses | | | 1,791,805 | | | 152,283 | | | 25,760 | | | 36,113 | | | 399,818 |
Net investment loss | | | (1,742,373 ) | | | (148,213 ) | | | (25,235 ) | | | (35,656 ) | | | (392,768 ) |
REALIZED AND UNREALIZED GAIN/(LOSS)
| | | | | | | | | | | | | | | |
Net realized gain/(loss) from:
| | | | | | | | | | | | | | | |
Investments | | | (379,733 ) | | | (514,561 ) | | | — | | | — | | | (38,884 ) |
In-kind redemptions | | | 18,576,734 | | | 432,444 | | | 35,856 | | | — | | | 1,584,261 |
Written option contracts expired or closed | | | (920,635 ) | | | (191,163 ) | | | — | | | — | | | (42,899 ) |
Net realized gain/(loss) | | | 17,276,366 | | | (273,280 ) | | | 35,856 | | | — | | | 1,502,478 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 38,685,507 | | | 2,920,819 | | | (337,948 ) | | | (259,696 ) | | | 3,539,850 |
Written option contracts | | | (27,324,380 ) | | | (473,030 ) | | | 94,958 | | | 367,527 | | | (885,086 ) |
Net change in unrealized appreciation/
(depreciation) | | | 11,361,127 | | | 2,447,789 | | | (242,990 ) | | | 107,831 | | | 2,654,764 |
Net realized and unrealized gain/(loss) | | | 28,637,493 | | | 2,174,509 | | | (207,134 ) | | | 107,831 | | | 4,157,242 |
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $26,895,120 | | | $ 2,026,296 | | | $ (232,369 ) | | | $72,175 | | | $ 3,764,474 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was June 28, 2024. |
(b)
| Inception date of the Fund was September 30, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $2,201 | | | $1,995 | | | $3,613 | | | $1,882 | | | $1,377 |
Total investment income | | | 2,201 | | | 1,995 | | | 3,613 | | | 1,882 | | | 1,377 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 265,674 | | | 104,624 | | | 215,070 | | | 114,197 | | | 88,517 |
Total expenses | | | 265,674 | | | 104,624 | | | 215,070 | | | 114,197 | | | 88,517 |
Net investment loss | | | (263,473 ) | | | (102,629 ) | | | (211,457 ) | | | (112,315 ) | | | (87,140 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 13,963,617 | | | 4,624,254 | | | 13,267,498 | | | 4,313,719 | | | 1,444,143 |
In-kind redemptions | | | 3,039,022 | | | 4,219,433 | | | 7,911,208 | | | 2,448,726 | | | 5,120,395 |
Written option contracts expired or closed | | | (7,163,690 ) | | | (5,998,311 ) | | | (19,913,955 ) | | | (3,665,676 ) | | | (4,181,207 ) |
Net realized gain | | | 9,838,949 | | | 2,845,376 | | | 1,264,751 | | | 3,096,769 | | | 2,383,331 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 724,866 | | | 1,015,690 | | | (1,150,182 ) | | | 2,432,926 | | | 560,028 |
Written option contracts | | | (301,073 ) | | | (1,079,002 ) | | | 4,323,921 | | | (1,573,375 ) | | | (444,156 ) |
Net change in unrealized appreciation/
(depreciation) | | | 423,793 | | | (63,312 ) | | | 3,173,739 | | | 859,551 | | | 115,872 |
Net realized and unrealized gain | | | 10,262,742 | | | 2,782,064 | | | 4,438,490 | | | 3,956,320 | | | 2,499,203 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $9,999,269 | | | $2,679,435 | | | $4,227,033 | | | $3,844,005 | | | $2,412,063 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $29,566 | | | $579 | | | $31,321 | | | $34,490 | | | $2,130 |
Total investment income | | | 29,566 | | | 579 | | | 31,321 | | | 34,490 | | | 2,130 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 1,340,088 | | | 29,617 | | | 1,608,745 | | | 1,845,589 | | | 93,486 |
Total expenses | | | 1,340,088 | | | 29,617 | | | 1,608,745 | | | 1,845,589 | | | 93,486 |
Net investment loss | | | (1,310,522 ) | | | (29,038 ) | | | (1,577,424 ) | | | (1,811,099 ) | | | (91,356 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | (5,467,876 ) | | | (1,782 ) | | | 29,323,758 | | | (10,409,611 ) | | | 3,964 |
In-kind redemptions | | | 46,946,564 | | | 92,453 | | | 9,138,194 | | | 63,221,668 | | | 984,898 |
Written option contracts expired or closed | | | (17,000,074 ) | | | (823 ) | | | (16,192,866 ) | | | (15,015,625 ) | | | (27,354 ) |
Net realized gain | | | 24,478,614 | | | 89,848 | | | 22,269,086 | | | 37,796,432 | | | 961,508 |
Net change in unrealized appreciation on:
| | | | | | | | | | | | | | | |
Investments | | | 4,710,945 | | | 512,203 | | | 6,948,848 | | | 12,099,713 | | | 511,442 |
Written option contracts | | | (1,557,482 ) | | | 83,232 | | | 505,470 | | | (2,736,946 ) | | | (91,803 ) |
Net change in unrealized appreciation | | | 3,153,463 | | | 595,435 | | | 7,454,318 | | | 9,362,767 | | | 419,639 |
Net realized and unrealized gain | | | 27,632,077 | | | 685,283 | | | 29,723,404 | | | 47,159,199 | | | 1,381,147 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $26,321,555 | | | $ 656,245 | | | $28,145,980 | | | $45,348,100 | | | $ 1,289,791 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was July 31, 2024. |
(b)
| Inception date of the Fund was May 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $— | | | $21,349 | | | $834 | | | $85 | | | $27,350 |
Total investment income | | | — | | | 21,349 | | | 834 | | | 85 | | | 27,350 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | — | | | 1,175,193 | | | 38,903 | | | 10,782 | | | 1,984,845 |
Total expenses | | | — | | | 1,175,193 | | | 38,903 | | | 10,782 | | | 1,984,845 |
Net investment loss | | | — | | | (1,153,844 ) | | | (38,069 ) | | | (10,697 ) | | | (1,957,495 ) |
REALIZED AND UNREALIZED GAIN/(LOSS)
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | — | | | (4,587,345 ) | | | (39,389 ) | | | (8,505 ) | | | 4,666,200 |
In-kind redemptions | | | — | | | 44,554,958 | | | 120,242 | | | 165,469 | | | 17,716,456 |
Written option contracts expired or closed | | | — | | | (15,019,541 ) | | | (21,474 ) | | | (52,316 ) | | | 2,197,031 |
Net realized gain | | | — | | | 24,948,072 | | | 59,379 | | | 104,648 | | | 24,579,687 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (115 ) | | | 2,736,133 | | | 740,785 | | | (108,848 ) | | | 12,503,936 |
Written option contracts | | | (118 ) | | | (1,078,261 ) | | | (33,174 ) | | | 31,862 | | | (2,542,684) |
Net change in unrealized appreciation/
(depreciation) | | | (233 ) | | | 1,657,872 | | | 707,611 | | | (76,986 ) | | | 9,961,252 |
Net realized and unrealized gain/(loss) | | | (233 ) | | | 26,605,944 | | | 766,990 | | | 27,662 | | | 34,540,939 |
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $ (233 ) | | | $25,452,100 | | | $ 728,921 | | | $16,965 | | | $32,583,444 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was October 31, 2024. |
(b)
| Inception date of the Fund was August 30, 2024. |
(c)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $390 | | | $1,370 | | | $1,120 | | | $22,095 | | | $18,319 |
Total investment income | | | 390 | | | 1,370 | | | 1,120 | | | 22,095 | | | 18,319 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 28,711 | | | 99,764 | | | 78,878 | | | 1,593,860 | | | 1,456,010 |
Total expenses | | | 28,711 | | | 99,764 | | | 78,878 | | | 1,593,860 | | | 1,456,010 |
Net investment loss | | | (28,321 ) | | | (98,394 ) | | | (77,758 ) | | | (1,571,765 ) | | | (1,437,691 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | — | | | 75,063 | | | (1,030 ) | | | 6,562,534 | | | (196,575 ) |
In-kind redemptions | | | 56,327 | | | 295,186 | | | 323,087 | | | 4,629,982 | | | 15,501,730 |
Written option contracts expired or closed | | | — | | | (6,118 ) | | | 9 | | | 3,510,222 | | | 1,449,602 |
Net realized gain | | | 56,327 | | | 364,131 | | | 322,066 | | | 14,702,738 | | | 16,754,757 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (95,129 ) | | | 596,080 | | | 152,830 | | | 11,253,403 | | | 7,395,638 |
Written option contracts | | | 44,457 | | | 196,509 | | | 179,983 | | | 116,662 | | | (407,535 ) |
Net change in unrealized appreciation/
(depreciation) | | | (50,672 ) | | | 792,589 | | | 332,813 | | | 11,370,065 | | | 6,988,103 |
Net realized and unrealized gain | | | 5,655 | | | 1,156,720 | | | 654,879 | | | 26,072,803 | | | 23,742,860 |
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $ (22,666 ) | | | $ 1,058,326 | | | $ 577,121 | | | $ 24,501,038 | | | $ 22,305,169 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was July 31, 2024. |
(b)
| Inception date of the Fund was November 30, 2023. |
(c)
| Inception date of the Fund was January 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $1,233 | | | $762 | | | $489 | | | $296 | | | $11,875 |
Total investment income | | | 1,233 | | | 762 | | | 489 | | | 296 | | | 11,875 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 74,545 | | | 82,607 | | | 40,447 | | | 27,605 | | | 965,865 |
Total expenses | | | 74,545 | | | 82,607 | | | 40,447 | | | 27,605 | | | 965,865 |
Net investment loss | | | (73,312 ) | | | (81,845 ) | | | (39,958 ) | | | (27,309 ) | | | (953,990 ) |
REALIZED AND UNREALIZED GAIN/(LOSS)
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | (1,750 ) | | | 377 | | | (1,327 ) | | | (227,962) | | | (3,195,613 ) |
In-kind redemptions | | | 120,766 | | | 330,912 | | | 141,901 | | | 671,855 | | | 24,415,180 |
Written option contracts expired or closed | | | — | | | 33 | | | (219 ) | | | 46,414 | | | (1,984,595 ) |
Net realized gain | | | 119,016 | | | 331,322 | | | 140,355 | | | 490,307 | | | 19,234,972 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (250,771) | | | 15,295 | | | 19,085 | | | (414) | | | (2,878,575 ) |
Written option contracts | | | 50,273 | | | 147,688 | | | 50,696 | | | (417) | | | (647,956 ) |
Net change in unrealized appreciation/
(depreciation) | | | (200,498) | | | 162,983 | | | 69,781 | | | (831) | | | (3,526,531 ) |
Net realized and unrealized gain/(loss) | | | (81,482) | | | 494,305 | | | 210,136 | | | 489,476 | | | 15,708,441 |
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $(154,794) | | | $ 412,460 | | | $ 170,178 | | | $462,167 | | | $ 14,754,451 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was May 31, 2024. |
(b)
| Inception date of the Fund was February 29, 2024. |
(c)
| Inception date of the Fund was April 30, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $6,525 | | | $534 | | | $426,406 | | | $185,736 | | | $230,794 |
Total investment income | | | 6,525 | | | 534 | | | 426,406 | | | 185,736 | | | 230,794 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 404,598 | | | 53,771 | | | 67,634 | | | 29,772 | | | 35,281 |
Total expenses | | | 404,598 | | | 53,771 | | | 67,634 | | | 29,772 | | | 35,281 |
Net investment income/(loss) | | | (398,073 ) | | | (53,237 ) | | | 358,772 | | | 155,964 | | | 195,513 |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | (1,780,824 ) | | | (256,655 ) | | | (2,158,786 ) | | | (1,966 ) | | | (952,786 ) |
In-kind redemptions | | | 8,979,116 | | | 478,507 | | | 209,805 | | | 190,839 | | | 255,104 |
Written option contracts expired or closed | | | 12,071 | | | 4,082 | | | 1,965,173 | | | 9,378 | | | 1,076,839 |
Net realized gain | | | 7,210,363 | | | 225,934 | | | 16,192 | | | 198,251 | | | 379,157 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (967,574) | | | (790,206 ) | | | 318,814 | | | (794,332 ) | | | (582,211 ) |
Written option contracts | | | 415,398 | | | 708,141 | | | 80,672 | | | 743,956 | | | 535,663 |
Net change in unrealized appreciation/
(depreciation) | | | (552,176) | | | (82,065 ) | | | 399,486 | | | (50,376 ) | | | (46,548 ) |
Net realized and unrealized gain | | | 6,658,187 | | | 143,869 | | | 415,678 | | | 147,875 | | | 332,609 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $6,260,114 | | | $90,632 | | | $774,450 | | | $303,839 | | | $528,122 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was June 28, 2024. |
(b)
| Inception date of the Fund was December 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $248,774 | | | $ 103,326 | | | $ 498,055 | | | $ 36,184 | | | $ 869,704 |
Total investment income | | | 248,774 | | | 103,326 | | | 498,055 | | | 36,184 | | | 869,704 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 37,471 | | | 15,725 | | | 80,599 | | | 5,624 | | | 133,709 |
Total expenses | | | 37,471 | | | 15,725 | | | 80,599 | | | 5,624 | | | 133,709 |
Net investment income | | | 211,303 | | | 87,601 | | | 417,456 | | | 30,560 | | | 735,995 |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | (1,123,351 ) | | | 12 | | | (23,351 ) | | | 8 | | | (5,148 ) |
In-kind redemptions | | | — | | | — | | | 132,870 | | | — | | | 265,051 |
Written option contracts expired or closed | | | 1,313,145 | | | — | | | 9 | | | — | | | 682 |
Net realized gain | | | 189,794 | | | 12 | | | 109,528 | | | 8 | | | 260,585 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (5,085 ) | | | 7,182 | | | 875 | | | 7,980 | | | (48,012 ) |
Written option contracts | | | (3,815 ) | | | 32,224 | | | 122,323 | | | 10,304 | | | (16,034 ) |
Net change in unrealized appreciation/
(depreciation) | | | (8,900 ) | | | 39,406 | | | 123,198 | | | 18,284 | | | (64,046 ) |
Net realized and unrealized gain | | | 180,894 | | | 39,418 | | | 232,726 | | | 18,292 | | | 196,539 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $392,197 | | | $ 127,019 | | | $ 650,182 | | | $ 48,852 | | | $ 932,534 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was March 28, 2024. |
(b)
| Inception date of the Fund was December 29, 2023. |
(c)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $1,330,477 | | | $366,694 | | | $1,227,248 | | | $989,197 | | | $1,994,628 |
Total investment income | | | 1,330,477 | | | 366,694 | | | 1,227,248 | | | 989,197 | | | 1,994,628 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 213,856 | | | 58,532 | | | 184,709 | | | 149,333 | | | 323,319 |
Total expenses | | | 213,856 | | | 58,532 | | | 184,709 | | | 149,333 | | | 323,319 |
Net investment income | | | 1,116,621 | | | 308,162 | | | 1,042,539 | | | 839,864 | | | 1,671,309 |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain/(loss) from:
| | | | | | | | | | | | | | | |
Investments | | | (8,612,213 ) | | | (36,659 ) | | | (5,625,125 ) | | | (4,662,616 ) | | | (12,074,423 ) |
In-kind redemptions | | | 610,374 | | | 121,656 | | | 340,418 | | | 508,682 | | | 877,352 |
Written option contracts expired or closed | | | 7,858,252 | | | 169,500 | | | 5,966,603 | | | 4,689,425 | | | 10,938,642 |
Net realized gain/(loss) | | | (143,587 ) | | | 254,497 | | | 681,896 | | | 535,491 | | | (258,429 ) |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 3,423,601 | | | (1,670,184 ) | | | (605,740 ) | | | 267,066 | | | 6,404,496 |
Written option contracts | | | (2,479,128 ) | | | 1,614,855 | | | 938,063 | | | (344,225 ) | | | (5,310,243 ) |
Net change in unrealized appreciation/
(depreciation) | | | 944,473 | | | (55,329 ) | | | 332,323 | | | (77,159 ) | | | 1,094,253 |
Net realized and unrealized gain | | | 800,886 | | | 199,168 | | | 1,014,219 | | | 458,332 | | | 835,824 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $1,917,507 | | | $507,330 | | | $2,056,758 | | | $1,298,196 | | | $2,507,133 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was December 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $878,848 | | | $1,328,301 | | | $1,179,299 | | | $1,098,843 | | | $359,456 |
Total investment income | | | 878,848 | | | 1,328,301 | | | 1,179,299 | | | 1,098,843 | | | 359,456 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 141,293 | | | 200,586 | | | 177,501 | | | 182,284 | | | 56,640 |
Total expenses | | | 141,293 | | | 200,586 | | | 177,501 | | | 182,284 | | | 56,640 |
Net investment income | | | 737,555 | | | 1,127,715 | | | 1,001,798 | | | 916,559 | | | 302,816 |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain/(loss) from:
| | | | | | | | | | | | | | | |
Investments | | | (84,458 ) | | | (5,238,568 ) | | | (4,766,513 ) | | | (6,374,419 ) | | | (597,510 ) |
In-kind redemptions | | | 137,829 | | | 174,464 | | | 965,248 | | | 236,219 | | | — |
Written option contracts expired or closed | | | 503,299 | | | 5,368,543 | | | 4,236,133 | | | 5,083,985 | | | 874,899 |
Other investments | | | 5,020 | | | — | | | — | | | — | | | — |
Net realized gain/(loss) | | | 561,690 | | | 304,439 | | | 434,868 | | | (1,054,215 ) | | | 277,389 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (3,150,090 ) | | | 676,915 | | | 388,303 | | | 4,699,538 | | | (545,999 ) |
Written option contracts | | | 2,872,206 | | | (337,453 ) | | | (472,076 ) | | | (3,322,174 ) | | | 344,216 |
Net change in unrealized appreciation/
(depreciation) | | | (277,884 ) | | | 339,462 | | | (83,773 ) | | | 1,377,364 | | | (201,783 ) |
Net realized and unrealized gain | | | 283,806 | | | 643,901 | | | 351,095 | | | 323,149 | | | 75,606 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $1,021,361 | | | $1,771,616 | | | $1,352,893 | | | $1,239,708 | | | $378,422 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was December 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $431,639 | | | $609,308 | | | $ 51,975 | | | $ 364,493 | | | $ 25,846 |
Total investment income | | | 431,639 | | | 609,308 | | | 51,975 | | | 364,493 | | | 25,846 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 65,706 | | | 92,933 | | | 7,884 | | | 58,895 | | | 3,972 |
Total expenses | | | 65,706 | | | 92,933 | | | 7,884 | | | 58,895 | | | 3,972 |
Net investment income | | | 365,933 | | | 516,375 | | | 44,091 | | | 305,598 | | | 21,874 |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain/(loss) from:
| | | | | | | | | | | | | | | |
Investments | | | (1,199,797 ) | | | (1,627,830 ) | | | (2 ) | | | (85 ) | | | 1,043 |
In-kind redemptions | | | (2,260 ) | | | 568,768 | | | — | | | — | | | 6,304 |
Written option contracts expired or closed | | | 1,313,672 | | | 1,178,197 | | | — | | | — | | | — |
Net realized gain/(loss) | | | 111,615 | | | 119,135 | | | (2 ) | | | (85 ) | | | 7,347 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 21,311 | | | 152,418 | | | 3,483 | | | 936 | | | 5,289 |
Written option contracts | | | (9,070 ) | | | (218,064 ) | | | 21,780 | | | 202,832 | | | 4,061 |
Net change in unrealized appreciation/
(depreciation) | | | 12,241 | | | (65,646 ) | | | 25,263 | | | 203,768 | | | 9,350 |
Net realized and unrealized gain | | | 123,856 | | | 53,489 | | | 25,261 | | | 203,683 | | | 16,697 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $489,789 | | | $569,864 | | | $ 69,352 | | | $ 509,281 | | | $ 38,571 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was March 28, 2024. |
(b)
| Inception date of the Fund was December 29, 2023. |
(c)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $ 669,580 | | | $8,409 | | | $4,002 | | | $10,797 | | | $12,099 |
Total investment income | | | 669,580 | | | 8,409 | | | 4,002 | | | 10,797 | | | 12,099 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 103,567 | | | 811,891 | | | 398,567 | | | 643,826 | | | 709,973 |
Total expenses | | | 103,567 | | | 811,891 | | | 398,567 | | | 643,826 | | | 709,973 |
Net investment income/(loss) | | | 566,013 | | | (803,482 ) | | | (394,565 ) | | | (633,029 ) | | | (697,874 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | (251 ) | | | 650,965 | | | (435,596 ) | | | 16,841,737 | | | 4,600,281 |
In-kind redemptions | | | 258,575 | | | 21,424,729 | | | 14,865,567 | | | 11,136,364 | | | 14,595,958 |
Written option contracts expired or closed | | | 967 | | | (7,740,662 ) | | | (1,252,417 ) | | | (18,184,070 ) | | | (9,287,262 ) |
Net realized gain | | | 259,291 | | | 14,335,032 | | | 13,177,554 | | | 9,794,031 | | | 9,908,977 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (43,453 ) | | | (1,208,790 ) | | | (691,530 ) | | | 12,191,688 | | | 23,547,585 |
Written option contracts | | | (10,199 ) | | | 1,522,323 | | | 346,385 | | | (8,913,550 ) | | | (20,548,496 ) |
Net change in unrealized appreciation/
(depreciation) | | | (53,652 ) | | | 313,533 | | | (345,145 ) | | | 3,278,138 | | | 2,999,089 |
Net realized and unrealized gain | | | 205,639 | | | 14,648,565 | | | 12,832,409 | | | 13,072,169 | | | 12,908,066 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $ 771,652 | | | $ 13,845,083 | | | $ 12,437,844 | | | $12,439,140 | | | $12,210,192 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $12,951 | | | $9,336 | | | $1,643 | | | $1,329 | | | $1,552 |
Total investment income | | | 12,951 | | | 9,336 | | | 1,643 | | | 1,329 | | | 1,552 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 794,854 | | | 551,033 | | | 51,764 | | | 63,479 | | | 72,316 |
Total expenses | | | 794,854 | | | 551,033 | | | 51,764 | | | 63,479 | | | 72,316 |
Net investment loss | | | (781,903 ) | | | (541,697 ) | | | (50,121 ) | | | (62,150 ) | | | (70,764 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 15,176,221 | | | 12,605,340 | | | 707,739 | | | 1,271,332 | | | 2,195,799 |
In-kind redemptions | | | 9,923,751 | | | 20,657,147 | | | 1,424,776 | | | 194,299 | | | 582,043 |
Written option contracts expired or closed | | | (14,722,042 ) | | | (24,133,683 ) | | | (1,226,497 ) | | | (675,405 ) | | | (1,443,797 ) |
Net realized gain | | | 10,377,930 | | | 9,128,804 | | | 906,018 | | | 790,226 | | | 1,334,045 |
Net change in unrealized appreciation on:
| | | | | | | | | | | | | | | |
Investments | | | 12,780,320 | | | 1,380,398 | | | 1,061,528 | | | 2,362,809 | | | 1,628,918 |
Written option contracts | | | (6,749,409 ) | | | (1,086,327 ) | | | (522,836 ) | | | (1,630,968 ) | | | (715,729 ) |
Net change in unrealized appreciation | | | 6,030,911 | | | 294,071 | | | 538,692 | | | 731,841 | | | 913,189 |
Net realized and unrealized gain | | | 16,408,841 | | | 9,422,875 | | | 1,444,710 | | | 1,522,067 | | | 2,247,234 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $15,626,938 | | | $8,881,178 | | | $1,394,589 | | | $1,459,917 | | | $2,176,470 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $1,474 | | | $3,488 | | | $1,665 | | | $2,160 | | | $1,845 |
Total investment income | | | 1,474 | | | 3,488 | | | 1,665 | | | 2,160 | | | 1,845 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 47,170 | | | 466,091 | | | 76,365 | | | 143,197 | | | 94,335 |
Total expenses | | | 47,170 | | | 466,091 | | | 76,365 | | | 143,197 | | | 94,335 |
Net investment loss | | | (45,696 ) | | | (462,603 ) | | | (74,700 ) | | | (141,037 ) | | | (92,490 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 2,454,545 | | | 18,995,695 | | | 2,815,783 | | | 2,957,529 | | | 3,857,744 |
In-kind redemptions | | | 507,116 | | | 10,851,639 | | | 1,381,111 | | | 5,236,666 | | | 1,150,170 |
Written option contracts expired or closed | | | (2,041,123 ) | | | (14,994,836 ) | | | (2,545,169 ) | | | (3,441,147 ) | | | (2,860,104 ) |
Net realized gain | | | 920,538 | | | 14,852,498 | | | 1,651,725 | | | 4,753,048 | | | 2,147,810 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 82,961 | | | 2,125,491 | | | 2,435,925 | | | 4,668,733 | | | 3,562,600 |
Written option contracts | | | (54,532 ) | | | (1,011,750 ) | | | (2,024,741 ) | | | (6,227,146 ) | | | (2,412,771 ) |
Net change in unrealized appreciation/
(depreciation) | | | 28,429 | | | 1,113,741 | | | 411,184 | | | (1,558,413 ) | | | 1,149,829 |
Net realized and unrealized gain | | | 948,967 | | | 15,966,239 | | | 2,062,909 | | | 3,194,635 | | | 3,297,639 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $903,271 | | | $15,503,636 | | | $1,988,209 | | | $3,053,598 | | | $3,205,149 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $2,047 | | | $32,250 | | | $30,476 | | | $19,369 | | | $28,978 |
Total investment income | | | 2,047 | | | 32,250 | | | 30,476 | | | 19,369 | | | 28,978 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 136,114 | | | 1,760,569 | | | 1,486,416 | | | 1,077,789 | | | 1,335,281 |
Total expenses | | | 136,114 | | | 1,760,569 | | | 1,486,416 | | | 1,077,789 | | | 1,335,281 |
Net investment loss | | | (134,067 ) | | | (1,728,319 ) | | | (1,455,940 ) | | | (1,058,420 ) | | | (1,306,303 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 6,329,069 | | | (7,701,252 ) | | | (3,152,236 ) | | | 2,454,588 | | | 2,394,133 |
In-kind redemptions | | | 4,249,459 | | | 49,612,357 | | | 40,555,054 | | | 10,010,824 | | | 23,897,266 |
Written option contracts expired or closed | | | (7,667,776 ) | | | (9,201,821 ) | | | 478,332 | | | 3,893,031 | | | 1,545,204 |
Net realized gain | | | 2,910,752 | | | 32,709,284 | | | 37,881,150 | | | 16,358,443 | | | 27,836,603 |
Net change in unrealized appreciation on:
| | | | | | | | | | | | | | | |
Investments | | | 573,826 | | | 17,022,384 | | | 13,452,900 | | | 23,957,048 | | | 14,324,625 |
Written option contracts | | | (457,620 ) | | | (2,260,306 ) | | | 1,891,475 | | | (10,032,069 ) | | | (6,641,160 ) |
Net change in unrealized appreciation | | | 116,206 | | | 14,762,078 | | | 15,344,375 | | | 13,924,979 | | | 7,683,465 |
Net realized and unrealized gain | | | 3,026,958 | | | 47,471,362 | | | 53,225,525 | | | 30,283,422 | | | 35,520,068 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $2,892,891 | | | $ 45,743,043 | | | $ 51,769,585 | | | $29,225,002 | | | $ 34,213,765 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $33,430 | | | $39,451 | | | $16,276 | | | $21,366 | | | $16,842 |
Total investment income | | | 33,430 | | | 39,451 | | | 16,276 | | | 21,366 | | | 16,842 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 1,901,143 | | | 2,137,659 | | | 930,901 | | | 1,202,779 | | | 996,104 |
Total expenses | | | 1,901,143 | | | 2,137,659 | | | 930,901 | | | 1,202,779 | | | 996,104 |
Net investment loss | | | (1,867,713 ) | | | (2,098,208 ) | | | (914,625 ) | | | (1,181,413 ) | | | (979,262 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 24,650,934 | | | (5,563,626 ) | | | 10,563,511 | | | 6,705,015 | | | 3,871,449 |
In-kind redemptions | | | 5,510,200 | | | 64,407,301 | | | 9,846,198 | | | 17,008,864 | | | 16,264,990 |
Written option contracts expired or closed | | | 7,445,355 | | | (5,233,400 ) | | | (2,254,560 ) | | | (3,423,841 ) | | | 1,288,609 |
Net realized gain | | | 37,606,489 | | | 53,610,275 | | | 18,155,149 | | | 20,290,038 | | | 21,425,048 |
Net change in unrealized appreciation on:
| | | | | | | | | | | | | | | |
Investments | | | 31,229,995 | | | 22,383,998 | | | 9,975,528 | | | 12,477,460 | | | 14,420,710 |
Written option contracts | | | (11,364,685 ) | | | 1,211,895 | | | (2,255,301 ) | | | (2,036,411 ) | | | (4,293,995 ) |
Net change in unrealized appreciation | | | 19,865,310 | | | 23,595,893 | | | 7,720,227 | | | 10,441,049 | | | 10,126,715 |
Net realized and unrealized gain | | | 57,471,799 | | | 77,206,168 | | | 25,875,376 | | | 30,731,087 | | | 31,551,763 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $55,604,086 | | | $ 75,107,960 | | | $ 24,960,751 | | | $ 29,549,674 | | | $ 30,572,501 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $14,466 | | | $24,922 | | | $23,408 | | | $108,251 | | | $138,407 |
Total investment income | | | 14,466 | | | 24,922 | | | 23,408 | | | 108,251 | | | 138,407 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 846,254 | | | 1,424,007 | | | 1,296,737 | | | 6,027,871 | | | 6,556,108 |
Total expenses | | | 846,254 | | | 1,424,007 | | | 1,296,737 | | | 6,027,871 | | | 6,556,108 |
Net investment loss | | | (831,788 ) | | | (1,399,085 ) | | | (1,273,329 ) | | | (5,919,620 ) | | | (6,417,701 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | (7,570,123) | | | 6,900,125 | | | 2,008,533 | | | (15,714,611 ) | | | 3,745,903 |
In-kind redemptions | | | 39,710,160 | | | 44,703,148 | | | 33,502,911 | | | 167,583,897 | | | 130,562,893 |
Written option contracts expired or closed | | | (12,435,656) | | | (18,179,713 ) | | | (4,758,029 ) | | | (51,524,921 ) | | | (9,417,368 ) |
Net realized gain | | | 19,704,381 | | | 33,423,560 | | | 30,753,415 | | | 100,344,365 | | | 124,891,428 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | (692) | | | 1,507,443 | | | 9,436,587 | | | 51,115,208 | | | 67,374,669 |
Written option contracts | | | (789) | | | (166,434 ) | | | 1,220,225 | | | (18,693,565 ) | | | (6,410,315 ) |
Net change in unrealized appreciation/
(depreciation) | | | (1,481) | | | 1,341,009 | | | 10,656,812 | | | 32,421,643 | | | 60,964,354 |
Net realized and unrealized gain | | | 19,702,900 | | | 34,764,569 | | | 41,410,227 | | | 132,766,008 | | | 185,855,782 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $18,871,112 | | | $33,365,484 | | | $ 40,136,898 | | | $ 126,846,388 | | | $ 179,438,081 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $111,802 | | | $92,102 | | | $148,481 | | | $134,948 | | | $78,969 |
Total investment income | | | 111,802 | | | 92,102 | | | 148,481 | | | 134,948 | | | 78,969 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 6,177,051 | | | 5,142,614 | | | 8,066,784 | | | 7,275,608 | | | 4,416,446 |
Total expenses | | | 6,177,051 | | | 5,142,614 | | | 8,066,784 | | | 7,275,608 | | | 4,416,446 |
Net investment loss | | | (6,065,249 ) | | | (5,050,512 ) | | | (7,918,303 ) | | | (7,140,660 ) | | | (4,337,477 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | (17,941,918 ) | | | 11,705,003 | | | 61,878,124 | | | 15,797,159 | | | 52,086,429 |
In-kind redemptions | | | 95,480,937 | | | 70,464,714 | | | 63,426,270 | | | 161,140,861 | | | 50,720,684 |
Written option contracts expired or closed | | | 3,568,387 | | | (6,539,545 ) | | | (3,292,129 ) | | | (48,086,562 ) | | | (29,721,139 ) |
Net realized gain | | | 81,107,406 | | | 75,630,172 | | | 122,012,265 | | | 128,851,458 | | | 73,085,974 |
Net change in unrealized appreciation on:
|
Investments | | | 147,726,279 | | | 82,264,258 | | | 128,168,624 | | | 73,065,796 | | | 43,926,629 |
Written option contracts | | | (83,353,872 ) | | | (45,995,305 ) | | | (70,770,049 ) | | | (12,785,134 ) | | | (19,248,889 ) |
Net change in unrealized
appreciation | | | 64,372,407 | | | 36,268,953 | | | 57,398,575 | | | 60,280,662 | | | 24,677,740 |
Net realized and unrealized gain | | | 145,479,813 | | | 111,899,125 | | | 179,410,840 | | | 189,132,120 | | | 97,763,714 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $ 139,414,564 | | | $ 106,848,613 | | | $ 171,492,537 | | | $ 181,991,460 | | | $93,426,237 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $78,110 | | | $70,642 | | | $101,141 | | | $97,957 | | | $106,395 |
Total investment income | | | 78,110 | | | 70,642 | | | 101,141 | | | 97,957 | | | 106,395 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 4,320,305 | | | 4,056,824 | | | 5,843,204 | | | 5,406,909 | | | 5,883,285 |
Total expenses | | | 4,320,305 | | | 4,056,824 | | | 5,843,204 | | | 5,406,909 | | | 5,883,285 |
Net investment loss | | | (4,242,195 ) | | | (3,986,182 ) | | | (5,742,063 ) | | | (5,308,952 ) | | | (5,776,890 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 27,426,280 | | | 38,274,888 | | | (44,990,113) | | | (15,041,101 ) | | | 12,778,724 |
In-kind redemptions | | | 66,350,286 | | | 38,450,054 | | | 263,052,269 | | | 207,169,322 | | | 136,410,086 |
Written option contracts expired or closed | | | (26,847,295 ) | | | (8,936,189 ) | | | (108,741,745) | | | (88,206,271 ) | | | (44,343,621 ) |
Net realized gain | | | 66,929,271 | | | 67,788,753 | | | 109,320,411 | | | 103,921,950 | | | 104,845,189 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 39,931,846 | | | 60,456,232 | | | 1,289 | | | 5,573,004 | | | 40,871,493 |
Written option contracts | | | (18,247,468 ) | | | (29,865,498 ) | | | 666 | | | (3,397,344 ) | | | (6,113,837 ) |
Net change in unrealized appreciation/
(depreciation) | | | 21,684,378 | | | 30,590,734 | | | 1,955 | | | 2,175,660 | | | 34,757,656 |
Net realized and unrealized gain | | | 88,613,649 | | | 98,379,487 | | | 109,322,366 | | | 106,097,610 | | | 139,602,845 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $84,371,454 | | | $94,393,305 | | | $103,580,303 | | | $ 100,788,658 | | | $ 133,825,955 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $20,736 | | | $40,962 | | | $11,111 | | | $9,732 | | | $22,999 |
Total investment income | | | 20,736 | | | 40,962 | | | 11,111 | | | 9,732 | | | 22,999 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 1,092,569 | | | 2,132,016 | | | 638,543 | | | 564,860 | | | 1,319,001 |
Total expenses | | | 1,092,569 | | | 2,132,016 | | | 638,543 | | | 564,860 | | | 1,319,001 |
Net investment loss | | | (1,071,833 ) | | | (2,091,054 ) | | | (627,432 ) | | | (555,128 ) | | | (1,296,002 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | (2,217,119 ) | | | (5,542,550 ) | | | (2,159,218 ) | | | 4,472,253 | | | 18,871,972 |
In-kind redemptions | | | 26,955,933 | | | 64,249,885 | | | 11,108,441 | | | 7,596,432 | | | 6,643,179 |
Written option contracts expired or closed | | | (8,081,858 ) | | | (7,410,646 ) | | | 98,635 | | | (1,489,291 ) | | | (3,605,541 ) |
Net realized gain | | | 16,656,956 | | | 51,296,689 | | | 9,047,858 | | | 10,579,394 | | | 21,909,610 |
Net change in unrealized appreciation on:
| | | | | | | | | | | | | | | |
Investments | | | 10,616,999 | | | 20,089,602 | | | 14,801,567 | | | 6,410,399 | | | 19,182,382 |
Written option contracts | | | (3,146,061 ) | | | (3,419,656 ) | | | (7,525,648 ) | | | (4,304,437 ) | | | (12,954,428 ) |
Net change in unrealized appreciation | | | 7,470,938 | | | 16,669,946 | | | 7,275,919 | | | 2,105,962 | | | 6,227,954 |
Net realized and unrealized gain | | | 24,127,894 | | | 67,966,635 | | | 16,323,777 | | | 12,685,356 | | | 28,137,564 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $ 23,056,061 | | | $ 65,875,581 | | | $ 15,696,345 | | | $ 12,130,228 | | | $26,841,562 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $20,312 | | | $10,159 | | | $15,008 | | | $8,167 | | | $6,671 |
Total investment income | | | 20,312 | | | 10,159 | | | 15,008 | | | 8,167 | | | 6,671 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 884,911 | | | 581,482 | | | 798,761 | | | 469,507 | | | 380,662 |
Total expenses | | | 884,911 | | | 581,482 | | | 798,761 | | | 469,507 | | | 380,662 |
Net investment loss | | | (864,599 ) | | | (571,323 ) | | | (783,753 ) | | | (461,340 ) | | | (373,991 ) |
REALIZED AND UNREALIZED GAIN
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 1,740,592 | | | 6,733,925 | | | 8,112,051 | | | 6,699,937 | | | (2,567,147) |
In-kind redemptions | | | 16,992,868 | | | 6,649,908 | | | 7,050,330 | | | 3,827,511 | | | 16,071,593 |
Written option contracts expired or closed | | | (4,740,010 ) | | | (4,643,855 ) | | | (3,714,268 ) | | | (1,798,292 ) | | | (6,515,440) |
Net realized gain | | | 13,993,450 | | | 8,739,978 | | | 11,448,113 | | | 8,729,156 | | | 6,989,006 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 12,945,314 | | | 6,596,164 | | | 6,590,628 | | | 5,827,385 | | | (534) |
Written option contracts | | | (2,823,963 ) | | | (2,331,633 ) | | | (2,122,964 ) | | | (2,973,902 ) | | | (562) |
Net change in unrealized appreciation/
(depreciation) | | | 10,121,351 | | | 4,264,531 | | | 4,467,664 | | | 2,853,483 | | | (1,096) |
Net realized and unrealized gain | | | 24,114,801 | | | 13,004,509 | | | 15,915,777 | | | 11,582,639 | | | 6,987,910 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $ 23,250,202 | | | $ 12,433,186 | | | $ 15,132,024 | | | $ 11,121,299 | | | $6,613,919 |
| | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $13,548 | | | $12,227 | | | $247 | | | $23,608 | | | $1,708 |
Total investment income | | | 13,548 | | | 12,227 | | | 247 | | | 23,608 | | | 1,708 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 791,169 | | | 668,064 | | | 20,189 | | | 1,302,582 | | | 80,960 |
Total expenses | | | 791,169 | | | 668,064 | | | 20,189 | | | 1,302,582 | | | 80,960 |
Net investment loss | | | (777,621 ) | | | (655,837 ) | | | (19,942 ) | | | (1,278,974 ) | | | (79,252 ) |
REALIZED AND UNREALIZED GAIN/(LOSS)
| | | | | | | | | | | | | | | |
Net realized gain/(loss) from:
| | | | | | | | | | | | | | | |
Investments | | | 6,080,695 | | | 2,911,705 | | | (115,918 ) | | | 5,481,699 | | | (7,161 ) |
In-kind redemptions | | | 22,231,581 | | | 13,144,617 | | | 428,146 | | | 17,605,599 | | | (940,364 ) |
Written option contracts expired or closed | | | (14,248,222 ) | | | (4,670,380 ) | | | (100,939 ) | | | 3,370,871 | | | (1,342 ) |
Net realized gain/(loss) | | | 14,064,054 | | | 11,385,942 | | | 211,289 | | | 26,458,169 | | | (948,867 ) |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 780,975 | | | 6,219,710 | | | (577,273 ) | | | 10,743,841 | | | (723,225 ) |
Written option contracts | | | (378,375 ) | | | (1,360,474 ) | | | 48,922 | | | (1,479,784 ) | | | 242,541 |
Net change in unrealized appreciation/
(depreciation) | | | 402,600 | | | 4,859,236 | | | (528,351 ) | | | 9,264,057 | | | (480,684 ) |
Net realized and unrealized gain/(loss) | | | 14,466,654 | | | 16,245,178 | | | (317,062 ) | | | 35,722,226 | | | (1,429,551 ) |
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $13,689,033 | | | $ 15,589,341 | | | $ (337,004 ) | | | $ 34,443,252 | | | $ (1,508,803 ) |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was June 28, 2024. |
(b)
| Inception date of the Fund was July 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | | | | | | | | | | | | | |
INVESTMENT INCOME:
| | | | | | | | | | | | | | | |
Interest income | | | $52,791 | | | $21,671 | | | $655 | | | $— | | | $11,703 |
Total investment income | | | 52,791 | | | 21,671 | | | 655 | | | — | | | 11,703 |
EXPENSES:
| | | | | | | | | | | | | | | |
Investment advisory fee | | | 2,848,072 | | | 1,241,775 | | | 33,959 | | | — | | | 691,921 |
Total expenses | | | 2,848,072 | | | 1,241,775 | | | 33,959 | | | — | | | 691,921 |
Net investment loss | | | (2,795,281 ) | | | (1,220,104 ) | | | (33,304 ) | | | — | | | (680,218 ) |
REALIZED AND UNREALIZED GAIN/(LOSS)
| | | | | | | | | | | | | | | |
Net realized gain from:
| | | | | | | | | | | | | | | |
Investments | | | 11,858,856 | | | 1,585,722 | | | 1,183 | | | — | | | (4,557,568 ) |
In-kind redemptions | | | 10,340,262 | | | 7,236,877 | | | 150,855 | | | — | | | 22,485,342 |
Written option contracts expired or closed | | | 7,415,902 | | | 4,695,915 | | | (1,054 ) | | | — | | | (2,751,469 ) |
Net realized gain | | | 29,615,020 | | | 13,518,514 | | | 150,984 | | | — | | | 15,176,305 |
Net change in unrealized appreciation/
(depreciation) on:
| | | | | | | | | | | | | | | |
Investments | | | 24,129,409 | | | 21,665,570 | | | 517,750 | | | (183 ) | | | 1,090,698 |
Written option contracts | | | 4,457,169 | | | (2,329,644 ) | | | (33,940 ) | | | (185 ) | | | 91,874 |
Net change in unrealized appreciation/
(depreciation) | | | 28,586,578 | | | 19,335,926 | | | 483,810 | | | (368 ) | | | 1,182,572 |
Net realized and unrealized gain/(loss) | | | 58,201,598 | | | 32,854,440 | | | 634,794 | | | (368 ) | | | 16,358,877 |
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $ 55,406,317 | | | $ 31,634,336 | | | $ 601,490 | | | $ (368 ) | | | $ 15,678,659 |
| | | | | | | | | | | | | | | | |
(a)
| Inception date of the Fund was May 31, 2024. |
(b)
| Inception date of the Fund was October 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Operations
For the Year or Period Ended October 31, 2024(Continued)
| | | | |
INVESTMENT INCOME:
| | | |
Interest income | | | $393 |
Total investment income | | | 393 |
EXPENSES:
| | | |
Investment advisory fee | | | 19,652 |
Total expenses | | | 19,652 |
Net investment loss | | | (19,259 ) |
REALIZED AND UNREALIZED GAIN
| | | |
Net realized from:
| | | |
Investments | | | — |
Net realized | | | — |
Net change in unrealized appreciation on:
| | | |
Investments | | | 46,390 |
Written option contracts | | | 99,768 |
Net change in unrealized appreciation | | | 146,158 |
Net realized and unrealized gain | | | 146,158 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | | | $ 126,899 |
| | | | |
(a)
| Inception date of the Fund was August 30, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(388,469) | | | $(92,395) | | | $(458,306) | | | $(439,809) |
Net realized gain/(loss) | | | 5,308,811 | | | (869,927) | | | (1,167,901) | | | 3,016,009 |
Net change in unrealized appreciation/(depreciation) | | | (1,699,556) | | | (20,385) | | | 10,891,115 | | | (9,385,076) |
Net increase/(decrease) in net assets from operations | | | 3,220,786 | | | (982,707) | | | 9,264,908 | | | (6,808,876) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 167,733,255 | | | 3,489,129 | | | 11,405,590 | | | 89,014,247 |
Redemptions | | | (104,638,955) | | | (43,941,852) | | | (83,016,730) | | | (36,991,180) |
ETF transaction fees (See Note 5) | | | 47,514 | | | 29,559 | | | 30,589 | | | 21,791 |
Net increase (decrease) in net assets from capital transactions | | | 63,141,814 | | | (9,103,164) | | | (71,580,551) | | | 52,044,858 |
Net increase (decrease) in net assets | | | 66,362,600 | | | (10,085,871) | | | (62,315,643) | | | 45,235,982 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 10,261,513 | | | 20,347,384 | | | 77,440,209 | | | 32,204,227 |
End of the year | | | $76,624,113 | | | $10,261,513 | | | $15,124,566 | | | $77,440,209 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 8,200,000 | | | 1,725,000 | | | 575,000 | | | 4,425,000 |
Redemptions | | | (4,975,000) | | | (2,200,000) | | | (4,175,000) | | | (1,800,000) |
Total increase/(decrease) in shares outstanding | | | 3,225,000 | | | (475,000) | | | (3,600,000) | | | 2,625,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(4,477,021) | | | $(2,509,576) | | | $(12,882) |
Net realized gain | | | 68,639,595 | | | 26,402,160 | | | 140,847 |
Net change in unrealized appreciation/(depreciation) | | | 1,944,665 | | | (4,186,633) | | | (188,694) |
Net increase/(decrease) in net assets from
operations | | | 66,107,239 | | | 19,705,951 | | | (60,729) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 851,983,843 | | | 447,339,069 | | | 15,417,455 |
Redemptions | | | (508,171,268) | | | (233,268,530) | | | (5,145,155) |
ETF transaction fees (See Note 5) | | | 306,643 | | | 152,608 | | | 5,804 |
Net increase in net assets from capital transactions | | | 344,119,218 | | | 214,233,147 | | | 10,278,104 |
Net increase in net assets | | | 410,226,457 | | | 233,929,098 | | | 10,217,375 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | 490,391,166 | | | 256,462,068 | | | — |
End of the period | | | $900,617,623 | | | $490,391,166 | | | $10,217,375 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 29,075,000 | | | 16,450,000 | | | 600,000 |
Redemptions | | | (17,525,000) | | | (8,600,000) | | | (200,000) |
Total increase in shares outstanding | | | 11,550,000 | | | 7,850,000 | | | 400,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(635,285) | | | $(447,671) | | | $(1,637,855) | | | $(886,893) |
Net realized gain/(loss) | | | 3,490,112 | | | 17,044 | | | 15,332,277 | | | (5,496,427) |
Net change in unrealized appreciation | | | 5,481,144 | | | 2,797,749 | | | 11,949,250 | | | 8,741,173 |
Net increase in net assets from operations | | | 8,335,971 | | | 2,367,122 | | | 25,643,672 | | | 2,357,853 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 67,743,078 | | | 63,568,789 | | | 232,936,945 | | | 300,965,870 |
Redemptions | | | (68,085,085) | | | (38,132,882) | | | (394,942,625) | | | (94,981,964) |
ETF transaction fees (See Note 5) | | | 17,853 | | | 26,057 | | | 102,353 | | | 150,952 |
Net increase (decrease) in net assets from capital transactions | | | (324,154) | | | 25,461,964 | | | (161,903,327) | | | 206,134,858 |
Net increase (decrease) in net assets | | | 8,011,817 | | | 27,829,086 | | | (136,259,655) | | | 208,492,711 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 58,484,917 | | | 30,655,831 | | | 264,407,272 | | | 55,914,561 |
End of the year | | | $66,496,734 | | | $58,484,917 | | | $128,147,617 | | | $264,407,272 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 2,700,000 | | | 2,625,000 | | | 8,325,000 | | | 11,000,000 |
Redemptions | | | (2,675,000) | | | (1,575,000) | | | (14,000,000) | | | (3,450,000) |
Total increase/(decrease) in shares outstanding | | | 25,000 | | | 1,050,000 | | | (5,675,000) | | | 7,550,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(836,300) | | | $(799,511) | | | $(360,906) | | | $(279,432) |
Net realized gain | | | 7,300,838 | | | 1,999,303 | | | 8,386,729 | | | 2,566,164 |
Net change in unrealized appreciation/(depreciation) | | | 6,115,669 | | | (410,714) | | | (509,819) | | | (139,234) |
Net increase in net assets from operations | | | 12,580,207 | | | 789,078 | | | 7,516,004 | | | 2,147,498 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 29,154,263 | | | 102,078,535 | | | 47,926,125 | | | 32,179,710 |
Redemptions | | | (55,934,818) | | | (56,494,510) | | | (45,083,065) | | | (17,095,835) |
ETF transaction fees (See Note 5) | | | 15,472 | | | 65,196 | | | 8,156 | | | 15,263 |
Net increase (decrease) in net assets from capital transactions | | | (26,765,083) | | | 45,649,221 | | | 2,851,216 | | | 15,099,138 |
Net increase (decrease) in net assets | | | (14,184,876) | | | 46,438,299 | | | 10,367,220 | | | 17,246,636 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 101,081,098 | | | 54,642,799 | | | 42,874,981 | | | 25,628,345 |
End of the year | | | $86,896,222 | | | $101,081,098 | | | $53,242,201 | | | $42,874,981 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 1,225,000 | | | 4,425,000 | | | 1,850,000 | | | 1,450,000 |
Redemptions | | | (2,350,000) | | | (2,425,000) | | | (1,775,000) | | | (750,000) |
Total increase/(decrease) in shares outstanding | | | (1,125,000) | | | 2,000,000 | | | 75,000 | | | 700,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(136,119) | | | $(284,633) | | | $— | | | $(32,439) |
Net realized gain | | | 82,933 | | | 1,014,853 | | | — | | | — |
Net change in unrealized appreciation/(depreciation) | | | 1,851,203 | | | 2,353,251 | | | (160) | | | (71,851) |
Net increase/(decrease) in net assets from operations | | | 1,798,017 | | | 3,083,471 | | | (160) | | | (104,290) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 82,379,685 | | | 128,414,355 | | | 1,241,500 | | | 69,478,798 |
Redemptions | | | (3,060,560) | | | (15,995,258) | | | — | | | — |
ETF transaction fees (See Note 5) | | | 41,502 | | | 64,532 | | | 621 | | | 26,913 |
Net increase in net assets from capital transactions | | | 79,360,627 | | | 112,483,629 | | | 1,242,121 | | | 69,505,711 |
Net increase in net assets | | | 81,158,644 | | | 115,567,100 | | | 1,241,961 | | | 69,401,421 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | — | | | — | | | — | | | — |
End of the period | | | $81,158,644 | | | $115,567,100 | | | $1,241,961 | | | $69,401,421 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,425,000 | | | 4,925,000 | | | 50,000 | | | 2,775,000 |
Redemptions | | | (125,000) | | | (600,000) | | | — | | | — |
Total increase in shares outstanding | | | 3,300,000 | | | 4,325,000 | | | 50,000 | | | 2,775,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was July 31, 2024. |
(b)
| Inception date of the Fund was June 28, 2024. |
(c)
| Inception date of the Fund was October 31, 2024. |
(d)
| Inception date of the Fund was September 30, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(117,538) | | | $(287,824) | | | $(424,640) |
Net realized gain | | | 67,339 | | | 1,004,454 | | | 3,456,456 |
Net change in unrealized appreciation | | | 1,000,238 | | | 3,432,100 | | | 1,447,955 |
Net increase in net assets from operations | | | 950,039 | | | 4,148,730 | | | 4,479,771 |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 110,065,723 | | | 81,709,270 | | | 88,682,423 |
Redemptions | | | (1,245,735) | | | (14,177,015) | | | (33,443,803) |
ETF transaction fees (See Note 5) | | | 54,106 | | | 42,469 | | | 44,063 |
Net increase in net assets from capital transactions | | | 108,874,094 | | | 67,574,724 | | | 55,282,683 |
Net increase in net assets | | | 109,824,133 | | | 71,723,454 | | | 59,762,454 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | — | | | — |
End of the period | | | $ 109,824,133 | | | $71,723,454 | | | $59,762,454 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 4,475,000 | | | 3,300,000 | | | 3,625,000 |
Redemptions | | | (50,000) | | | (550,000) | | | (1,325,000) |
Total increase in shares outstanding | | | 4,425,000 | | | 2,750,000 | | | 2,300,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was August 30, 2024. |
(b)
| Inception date of the Fund was March 28, 2024. |
(c)
| Inception date of the Fund was December 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(1,742,373) | | | $(279,123) | | | $(148,213) | | | $(25,235) |
Net realized gain/(loss) | | | 17,276,366 | | | 227,957 | | | (273,280) | | | 35,856 |
Net change in unrealized appreciation/(depreciation) | | | 11,361,127 | | | (3,468,112) | | | 2,447,789 | | | (242,990) |
Net increase/(decrease) in net assets from operations | | | 26,895,120 | | | (3,519,278) | | | 2,026,296 | | | (232,369) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 86,192,502 | | | 212,904,858 | | | 92,218,748 | | | 56,353,645 |
Redemptions | | | (97,351,205) | | | (11,686,838) | | | (24,951,060) | | | (1,240,255) |
ETF transaction fees (See Note 5) | | | 48,539 | | | 109,538 | | | 55,635 | | | 28,178 |
Net increase (decrease) in net assets from capital transactions | | | (11,110,164) | | | 201,327,558 | | | 67,323,323 | | | 55,141,568 |
Net increase in net assets | | | 15,784,956 | | | 197,808,280 | | | 69,349,619 | | | 54,909,199 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | 197,808,280 | | | — | | | — | | | — |
End of the period | | | $ 213,593,236 | | | $ 197,808,280 | | | $69,349,619 | | | $ 54,909,199 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,275,000 | | | 8,625,000 | | | 3,550,000 | | | 2,275,000 |
Redemptions | | | (3,650,000) | | | (475,000) | | | (950,000) | | | (50,000) |
Total increase/(decrease) in shares outstanding | | | (375,000) | | | 8,150,000 | | | 2,600,000 | | | 2,225,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was July 17, 2023. |
(b)
| Inception date of the Fund was June 28, 2024. |
(c)
| Inception date of the Fund was September 30, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(35,656) | | | $(392,768) | | | $(263,473) | | | $(146,300) |
Net realized gain | | | — | | | 1,502,478 | | | 9,838,949 | | | 1,249,994 |
Net change in unrealized appreciation/(depreciation) | | | 107,831 | | | 2,654,764 | | | 423,793 | | | (1,209,569) |
Net increase/(decrease) in net assets from operations | | | 72,175 | | | 3,764,474 | | | 9,999,269 | | | (15,875) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 75,471,343 | | | 175,066,773 | | | 54,691,473 | | | 27,125,565 |
Redemptions | | | — | | | (25,311,600) | | | (63,307,443) | | | (12,253,625) |
ETF transaction fees (See Note 5) | | | 22,960 | | | 87,880 | | | 10,836 | | | 13,563 |
Net increase (decrease) in net assets from capital transactions | | | 75,494,303 | | | 149,843,053 | | | (8,605,134) | | | 14,885,503 |
Net increase in net assets | | | 75,566,478 | | | 153,607,527 | | | 1,394,135 | | | 14,779,628 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | — | | | — | | | 32,846,521 | | | 18,066,893 |
End of the period | | | $ 75,566,478 | | | $ 153,607,527 | | | $34,240,656 | | | $32,846,521 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,000,000 | | | 6,700,000 | | | 1,825,000 | | | 1,100,000 |
Redemptions | | | — | | | (950,000) | | | (2,125,000) | | | (575,000) |
Total increase/(decrease) in shares outstanding | | | 3,000,000 | | | 5,750,000 | | | (300,000) | | | 525,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was September 30, 2024. |
(b)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(102,629) | | | $(77,542) | | | $(211,457) | | | $(196,804) |
Net realized gain/(loss) | | | 2,845,376 | | | (1,720,067) | | | 1,264,751 | | | 2,931,378 |
Net change in unrealized appreciation/(depreciation) | | | (63,312) | | | 3,388,218 | | | 3,173,739 | | | 2,309,473 |
Net increase in net assets from operations | | | 2,679,435 | | | 1,590,609 | | | 4,227,033 | | | 5,044,047 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 7,442,483 | | | 13,406,842 | | | 17,903,602 | | | 33,534,865 |
Redemptions | | | (14,424,330) | | | (3,399,778) | | | (21,612,533) | | | (14,784,947) |
ETF transaction fees (See Note 5) | | | 3,721 | | | 7,818 | | | 7,063 | | | 17,222 |
Net increase (decrease) in net assets from capital transactions | | | (6,978,126) | | | 10,014,882 | | | (3,701,868) | | | 18,767,140 |
Net increase (decrease) in net assets | | | (4,298,691) | | | 11,605,491 | | | 525,165 | | | 238,111,887 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 18,628,385 | | | 7,022,894 | | | 28,212,615 | | | 4,401,428 |
End of the year | | | $14,329,694 | | | $ 18,628,385 | | | $28,737,780 | | | $28,212,615 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 225,000 | | | 475,000 | | | 825,000 | | | 1,825,000 |
Redemptions | | | (450,000) | | | (150,000) | | | (1,000,000) | | | (725,000) |
Total increase/(decrease) in shares outstanding | | | (225,000) | | | 325,000 | | | (175,000) | | | 1,100,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(112,315) | | | $(94,735) | | | $(87,140) | | | $(96,254) |
Net realized gain | | | 3,096,769 | | | 1,194,970 | | | 2,383,331 | | | 2,884,897 |
Net change in unrealized appreciation/(depreciation) | | | 859,551 | | | 645,266 | | | 115,872 | | | (311,753) |
Net increase in net assets from operations | | | 3,844,005 | | | 1,745,501 | | | 2,412,063 | | | 2,476,890 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 11,941,748 | | | 11,338,322 | | | 8,142,288 | | | 11,422,370 |
Redemptions | | | (16,468,998) | | | (13,436,708) | | | (13,593,945) | | | (8,530,468) |
ETF transaction fees (See Note 5) | | | 5,971 | | | 6,192 | | | 1,628 | | | 5,711 |
Net increase (decrease) in net assets from capital transactions | | | (4,521,279) | | | (2,092,194) | | | (5,450,029) | | | 2,897,613 |
Net increase (decrease) in net assets | | | (677,274) | | | (346,693) | | | (3,037,966) | | | 5,374,503 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 17,645,507 | | | 17,992,200 | | | 11,393,817 | | | 6,019,314 |
End of the year | | | $16,968,233 | | | $17,645,507 | | | $8,355,851 | | | $ 11,393,817 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 400,000 | | | 450,000 | | | 300,000 | | | 550,000 |
Redemptions | | | (575,000) | | | (625,000) | | | (500,000) | | | (375,000) |
Total increase/(decrease) in shares outstanding | | | (175,000) | | | (175,000) | | | (200,000) | | | 175,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(1,310,522) | | | $(790,174) | | | $(29,038) |
Net realized gain | | | 24,478,614 | | | 3,346,699 | | | 89,848 |
Net change in unrealized appreciation | | | 3,153,463 | | | 13,629,511 | | | 595,435 |
Net increase in net assets from operations | | | 26,321,555 | | | 16,186,036 | | | 656,245 |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 221,142,545 | | | 132,480,475 | | | 16,773,295 |
Redemptions | | | (185,329,977) | | | (69,153,243) | | | (632,190) |
ETF transaction fees (See Note 5) | | | 65,759 | | | 66,487 | | | 7,779 |
Net increase in net assets from capital transactions | | | 35,878,327 | | | 63,393,719 | | | 16,148,884 |
Net increase in net assets | | | 62,199,882 | | | 79,579,755 | | | 16,805,129 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | 132,445,680 | | | 52,865,925 | | | — |
End of the period | | | $194,645,562 | | | $ 132,445,680 | | | $ 16,805,129 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 4,875,000 | | | 3,400,000 | | | 700,000 |
Redemptions | | | (4,050,000) | | | (1,750,000) | | | (25,000) |
Total increase in shares outstanding | | | 825,000 | | | 1,650,000 | | | 675,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was July 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(1,577,424) | | | $(673,408) | | | $(1,811,099) | | | $(1,131,853) |
Net realized gain/(loss) | | | 22,269,086 | | | (11,818,819) | | | 37,796,432 | | | 17,819,212 |
Net change in unrealized appreciation/(depreciation) | | | 7,454,318 | | | 25,846,348 | | | 9,362,767 | | | (5,791,804) |
Net increase in net assets from operations | | | 28,145,980 | | | 13,354,121 | | | 45,348,100 | | | 10,895,555 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 201,365,505 | | | 67,324,242 | | | 297,655,528 | | | 267,636,275 |
Redemptions | | | (105,945,888) | | | (85,835,048) | | | (342,948,200) | | | (130,624,384) |
ETF transaction fees (See Note 5) | | | 113,719 | | | 28,089 | | | 79,712 | | | 143,174 |
Net increase (decrease) in net assets from capital transactions | | | 95,533,336 | | | (18,482,717) | | | (45,212,960) | | | 137,155,065 |
Net increase (decrease) in net assets | | | 123,679,316 | | | (5,128,596) | | | 135,140 | | | 148,050,620 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 77,648,888 | | | 82,777,494 | | | 266,454,472 | | | 118,403,852 |
End of the year | | | $201,328,204 | | | $77,648,888 | | | $266,589,612 | | | $266,454,472 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 4,825,000 | | | 1,925,000 | | | 5,025,000 | | | 5,250,000 |
Redemptions | | | (2,400,000) | | | (2,350,000) | | | (5,925,000) | | | (2,700,000) |
Total increase/(decrease) in shares outstanding | | | 2,425,000 | | | (425,000) | | | (900,000) | | | 2,550,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(91,356) | | | $— | | | $(1,153,844) | | | $(679,920) |
Net realized gain | | | 961,508 | | | — | | | 24,948,072 | | | 18,281,939 |
Net change in unrealized appreciation/(depreciation) | | | 419,639 | | | (233) | | | 1,657,872 | | | (3,228,016) |
Net increase/(decrease) in net assets from operations | | | 1,289,791 | | | (233) | | | 25,452,100 | | | 14,374,003 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 38,094,873 | | | 1,248,500 | | | 66,255,283 | | | 116,353,835 |
Redemptions | | | (12,351,453) | | | — | | | (78,995,731) | | | (63,468,136) |
ETF transaction fees (See Note 5) | | | 18,748 | | | — | | | 29,433 | | | 59,379 |
Net increase (decrease) in net assets from capital transactions | | | 25,762,168 | | | 1,248,500 | | | (12,711,015) | | | 52,945,075 |
Net increase in net assets | | | 27,051,959 | | | 1,248,267 | | | 12,741,085 | | | 67,319,078 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | — | | | — | | | 148,283,936 | | | 80,964,858 |
End of the period | | | $27,051,959 | | | $ 1,248,267 | | | $ 161,025,021 | | | $ 148,283,936 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 1,500,000 | | | 50,000 | | | 1,365,000 | | | 2,800,000 |
Redemptions | | | (475,000) | | | — | | | (1,645,000) | | | (1,575,000) |
Total increase/(decrease) in shares outstanding | | | 1,025,000 | | | 50,000 | | | (280,000) | | | 1,225,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was May 31, 2024. |
(b)
| Inception date of the Fund was October 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(38,069) | | | $(10,697) | | | $(1,957,495) | | | $(1,437,196) |
Net realized gain | | | 59,379 | | | 104,648 | | | 24,579,687 | | | 5,031,968 |
Net change in unrealized appreciation/(depreciation) | | | 707,611 | | | (76,986) | | | 9,961,252 | | | (5,997,494) |
Net increase/(decrease) in net assets from operations | | | 728,921 | | | 16,965 | | | 32,583,444 | | | (2,402,722) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 40,243,783 | | | 9,555,888 | | | 195,632,648 | | | 404,706,178 |
Redemptions | | | (4,909,490) | | | (3,865,500) | | | (248,556,098) | | | (223,472,035) |
ETF transaction fees (See Note 5) | | | 20,126 | | | 2,220 | | | 93,645 | | | 157,613 |
Net increase (decrease) in net assets from capital transactions | | | 35,354,419 | | | 5,692,608 | | | (52,829,805) | | | 181,391,756 |
Net increase (decrease) in net assets | | | 36,083,340 | | | 5,709,573 | | | (20,246,361) | | | 178,989,034 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | — | | | — | | | 222,225,501 | | | 43,236,467 |
End of the period | | | $ 36,083,340 | | | $5,709,573 | | | $201,979,140 | | | $222,225,501 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 1,650,000 | | | 375,000 | | | 7,525,000 | | | 16,475,000 |
Redemptions | | | (200,000) | | | (150,000) | | | (9,475,000) | | | (9,075,000) |
Total increase/(decrease) in shares outstanding | | | 1,450,000 | | | 225,000 | | | (1,950,000) | | | 7,400,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was August 30, 2024. |
(b)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(28,321) | | | $(98,394) | | | $(77,758) |
Net realized gain | | | 56,327 | | | 364,131 | | | 322,066 |
Net change in unrealized appreciation/(depreciation) | | | (50,672) | | | 792,589 | | | 332,813 |
Net increase/(decrease) in net assets from
operations | | | (22,666) | | | 1,058,326 | | | 577,121 |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 15,303,420 | | | 13,923,118 | | | 15,185,775 |
Redemptions | | | (622,903) | | | (4,113,208) | | | (3,937,238) |
ETF transaction fees (See Note 5) | | | 7,030 | | | 7,030 | | | 6,969 |
Net increase in net assets from capital transactions | | | 14,687,547 | | | 9,816,940 | | | 11,255,506 |
Net increase in net assets | | | 14,664,881 | | | 10,875,266 | | | 11,832,627 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | — | | | — |
End of the period | | | $ 14,664,881 | | | $ 10,875,266 | | | $11,832,627 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 625,000 | | | 550,000 | | | 600,000 |
Redemptions | | | (25,000) | | | (150,000) | | | (150,000) |
Total increase in shares outstanding | | | 600,000 | | | 400,000 | | | 450,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was July 31, 2024. |
(b)
| Inception date of the Fund was November 30, 2023. |
(c)
| Inception date of the Fund was January 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(1,571,765) | | | $(1,215,700) | | | $(1,437,691) | | | $(1,387,949) |
Net realized gain/(loss) | | | 14,702,738 | | | 5,942,569 | | | 16,754,757 | | | (3,568,900) |
Net change in unrealized appreciation/(depreciation) | | | 11,370,065 | | | 5,158,883 | | | 6,988,103 | | | (2,692,646) |
Net increase in net assets from operations | | | 24,501,038 | | | 9,885,752 | | | 22,305,169 | | | 22,573,098 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 97,981,660 | | | 177,840,408 | | | 106,345,222 | | | 169,548,203 |
Redemptions | | | (62,541,222) | | | (132,777,218) | | | (165,324,085) | | | (184,985,482) |
ETF transaction fees (See Note 5) | | | 51,937 | | | 87,892 | | | 20,106 | | | 130,543 |
Net increase (decrease) in net assets from capital transactions | | | 35,492,375 | | | 45,151,082 | | | (58,958,757) | | | (15,306,736) |
Net increase (decrease) in net assets | | | 59,993,413 | | | 55,036,834 | | | (36,653,588) | | | 7,266,362 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 120,724,400 | | | 65,687,566 | | | 196,022,931 | | | 188,756,569 |
End of the year | | | $ 180,717,813 | | | $120,724,400 | | | $159,369,343 | | | $196,022,931 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,250,000 | | | 6,450,000 | | | 3,800,000 | | | 6,625,000 |
Redemptions | | | (2,000,000) | | | (4,725,000) | | | (5,950,000) | | | (7,350,000) |
Total increase/(decrease) in shares outstanding | | | 1,250,000 | | | 1,725,000 | | | (2,150,000) | | | (725,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(73,312) | | | $(81,845) | | | $(39,958) |
Net realized gain | | | 119,016 | | | 331,322 | | | 140,355 |
Net change in unrealized appreciation/(depreciation) | | | (200,498) | | | 162,983 | | | 69,781 |
Net increase/(decrease) in net assets from
operations | | | (154,794) | | | 412,460 | | | 170,178 |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 25,199,070 | | | 25,980,183 | | | 10,749,505 |
Redemptions | | | (1,273,058) | | | (13,460,498) | | | (1,956,835) |
ETF transaction fees (See Note 5) | | | 11,972 | | | 12,362 | | | 4,754 |
Net increase in net assets from capital transactions | | | 23,937,984 | | | 12,532,047 | | | 8,797,424 |
Net increase in net assets | | | 23,783,190 | | | 12,944,507 | | | 8,967,602 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | — | | | — |
End of the period | | | $23,783,190 | | | $12,944,507 | | | $8,967,602 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 1,000,000 | | | 1,025,000 | | | 425,000 |
Redemptions | | | (50,000) | | | (525,000) | | | (75,000) |
Total increase in shares outstanding | | | 950,000 | | | 500,000 | | | 350,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was May 31, 2024. |
(b)
| Inception date of the Fund was February 29, 2024. |
(c)
| Inception date of the Fund was April 30, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(27,309) | | | $— | | | $(953,990) | | | $(872,157) |
Net realized gain | | | 490,307 | | | — | | | 19,234,972 | | | 19,910,668 |
Net change in unrealized depreciation | | | (831) | | | (353) | | | (3,526,531) | | | (4,026,079) |
Net increase/(decrease) in net assets from operations | | | 462,167 | | | (353) | | | 14,754,451 | | | 15,012,432 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 8,517,280 | | | 1,247,500 | | | 40,037,250 | | | 137,065,152 |
Redemptions | | | (5,831,155) | | | — | | | (38,755,428) | | | (140,812,292) |
ETF transaction fees (See Note 5) | | | 2,042 | | | — | | | 20,207 | | | 33,620 |
Net increase (decrease) in net assets from capital transactions | | | 2,688,167 | | | 1,247,500 | | | 1,302,029 | | | (3,713,520) |
Net increase in net assets | | | 3,150,334 | | | 1,247,147 | | | 16,056,480 | | | 11,298,912 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | 1,247,147 | | | — | | | 105,653,470 | | | 94,354,558 |
End of the period | | | $4,397,481 | | | $ 1,247,147 | | | $ 121,709,950 | | | $105,653,470 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 300,000 | | | 50,000 | | | 1,350,000 | | | 5,275,000 |
Redemptions | | | (200,000) | | | — | | | (1,325,000) | | | (5,425,000) |
Total increase/(decrease) in shares outstanding | | | 100,000 | | | 50,000 | | | 25,000 | | | (150,000) |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was October 31, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(398,073) | | | $(36,587) | | | $(53,237) |
Net realized gain | | | 7,210,363 | | | — | | | 225,934 |
Net change in unrealized depreciation | | | (552,176) | | | (997,790) | | | (82,065) |
Net increase/(decrease) in net assets from
operations | | | 6,260,114 | | | (1,034,377) | | | 90,632 |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 93,410,592 | | | 3,762,987 | | | 92,943,270 |
Redemptions | | | (68,064,373) | | | — | | | (12,620,895) |
ETF transaction fees (See Note 5) | | | 22,755 | | | 17,907 | | | 40,193 |
Net increase in net assets from capital transactions | | | 25,368,974 | | | 37,080,894 | | | 80,362,568 |
Net increase in net assets | | | 31,629,088 | | | 36,046,517 | | | 80,453,200 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | 36,046,517 | | | — | | | — |
End of the period | | | $67,675,605 | | | $ 36,046,517 | | | $80,453,200 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 3,325,000 | | | 1,500,000 | | | 3,675,000 |
Redemptions | | | (2,400,000) | | | — | | | (500,000) |
Total increase in shares outstanding | | | 925,000 | | | 1,500,000 | | | 3,175,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was August 31, 2023. |
(b)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment income | | | $358,772 | | | $200,177 | | | $155,964 |
Net realized gain | | | 16,192 | | | 564,526 | | | 198,251 |
Net change in unrealized appreciation/(depreciation) | | | 399,486 | | | (373,244) | | | (50,376) |
Net increase in net assets from operations | | | 774,450 | | | 391,459 | | | 303,839 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | |
Distributions to shareholders | | | (713,126) | | | (413,273) | | | (293,854) |
Return of capital | | | — | | | (56,909) | | | — |
Total distributions to shareholders | | | (713,126) | | | (470,182) | | | (293,854) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 4,288,880 | | | 10,547,182 | | | 5,581,015 |
Redemptions | | | (3,085,263) | | | (2,465,720) | | | (1,240,518) |
ETF transaction fees (See Note 5) | | | 3,445 | | | 5,227 | | | 3,599 |
Net increase in net assets from capital transactions | | | 1,207,062 | | | 8,086,889 | | | 4,344,096 |
Net increase in net assets | | | 1,268,386 | | | 8,007,966 | | | 4,354,081 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | 8,007,966 | | | — | | | — |
End of the period | | | $9,276,352 | | | $8,007,966 | | | $4,354,081 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 175,000 | | | 425,000 | | | 225,000 |
Redemptions | | | (125,000) | | | (100,000) | | | (50,000) |
Total increase in shares outstanding | | | 50,000 | | | 325,000 | | | 175,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was March 31, 2023. |
(b)
| Inception date of the Fund was December 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment income | | | $195,513 | | | $56,707 | | | $211,303 | | | $8,482 |
Net realized gain | | | 379,157 | | | — | | | 189,794 | | | — |
Net change in unrealized depreciation | | | (46,548) | | | (72,957) | | | (8,900) | | | (15,879) |
Net increase/(decrease) in net assets from operations | | | 528,122 | | | (16,250) | | | 392,197 | | | (7,397) |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | | | | |
Distributions to shareholders | | | (367,421) | | | (56,707) | | | (398,508) | | | — |
Return of capital | | | — | | | (34,284) | | | (38,351) | | | — |
Total distributions to shareholders | | | (367,421) | | | (90,991) | | | (436,859) | | | — |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 5,610,915 | | | 4,954,963 | | | 1,831,100 | | | 2,978,255 |
Redemptions | | | (5,634,468) | | | — | | | — | | | — |
ETF transaction fees (See Note 5) | | | 5,993 | | | 2,973 | | | 1,098 | | | 2,360 |
Net increase (decrease) in net assets from capital transactions | | | (17,560) | | | 4,957,936 | | | 1,832,198 | | | 2,980,615 |
Net increase in net assets | | | 143,141 | | | 4,850,965 | | | 1,787,536 | | | 2,973,218 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | 4,850,695 | | | — | | | 2,973,218 | | | — |
End of the period | | | $4,993,836 | | | $ 4,850,695 | | | $ 4,760,754 | | | $ 2,973,218 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 225,000 | | | 200,000 | | | 75,000 | | | 125,000 |
Redemptions | | | (225,000) | | | — | | | — | | | — |
Total increase in shares outstanding | | | — | | | 200,000 | | | 75,000 | | | 125,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was June 30, 2023. |
(b)
| Inception date of the Fund was September 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment income | | | $87,601 | | | $417,456 | | | $30,560 |
Net realized gain | | | 12 | | | 109,528 | | | 8 |
Net change in unrealized appreciation | | | 39,406 | | | 123,198 | | | 18,284 |
Net increase in net assets from operations | | | 127,019 | | | 650,182 | | | 48,852 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | |
Distributions to shareholders | | | (87,613) | | | (417,456) | | | (30,568) |
Return to capital | | | (29,719) | | | (162,312) | | | (10,938) |
Total distributions to shareholders | | | (117,332) | | | (579,768) | | | (41,506) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 3,740,906 | | | 17,144,753 | | | 2,375,435 |
Redemptions | | | — | | | (8,618,785) | | | — |
ETF transaction fees (See Note 5) | | | 1,870 | | | 10,303 | | | 1,189 |
Net increase in net assets from capital transactions | | | 3,742,776 | | | 8,536,271 | | | 2,376,624 |
Net increase in net assets | | | 3,752,463 | | | 8,606,685 | | | 2,383,970 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | — | | | — |
End of the period | | | $ 3,752,463 | | | $8,606,685 | | | $ 2,383,970 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 150,000 | | | 700,000 | | | 100,000 |
Redemptions | | | — | | | (350,000) | | | — |
Total increase in shares outstanding | | | 150,000 | | | 350,000 | | | 100,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was March 28, 2024. |
(b)
| Inception date of the Fund was December 29, 2023. |
(c)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment income | | | $735,995 | | | $17,869 | | | $1,116,621 | | | $587,432 |
Net realized gain/(loss) | | | 260,585 | | | — | | | (143,587) | | | 1,402,776 |
Net change in unrealized appreciation/(depreciation) | | | (64,046) | | | (6,291) | | | 944,473 | | | (751,040) |
Net increase in net assets from
operations | | | 932,534 | | | 11,578 | | | 1,917,507 | | | 1,239,168 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | | | | |
Distributions to shareholders | | | (735,995) | | | (17,869) | | | (1,853,369) | | | (1,080,306) |
Return of capital | | | (384,786) | | | (18,403) | | | (92,364) | | | — |
Total distributions to shareholders | | | (1,120,781) | | | (36,272) | | | (1,945,733) | | | (1,080,306) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 31,731,770 | | | 7,123,752 | | | 6,180,330 | | | 33,265,223 |
Redemptions | | | (20,321,890) | | | — | | | (4,917,972) | | | (6,879,773) |
ETF transaction fees (See Note 5) | | | 7,387 | | | 3,562 | | | 4,954 | | | 18,911 |
Net increase in net assets from capital transactions | | | 11,417,267 | | | 7,127,314 | | | 1,267,312 | | | 26,404,361 |
Net increase in net assets | | | 11,229,020 | | | 7,102,620 | | | 1,239,086 | | | 26,563,223 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | 7,102,620 | | | — | | | 26,563,223 | | | — |
End of the period | | | $18,331,640 | | | $ 7,102,620 | | | $ 27,802,309 | | | $ 26,563,223 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 1,325,000 | | | 300,000 | | | 250,000 | | | 1,350,000 |
Redemptions | | | (850,000) | | | — | | | (200,000) | | | (275,000) |
Total increase in shares outstanding | | | 475,000 | | | 300,000 | | | 50,000 | | | 1,075,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was September 29, 2023. |
(b)
| Inception date of the Fund was March 31, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment income | | | $308,162 | | | $1,042,539 | | | $305,873 |
Net realized gain | | | 254,497 | | | 681,896 | | | 106,570 |
Net change in unrealized appreciation/(depreciation) | | | (55,329) | | | 332,323 | | | (292,130) |
Net increase in net assets from operations | | | 507,330 | | | 2,056,758 | | | 120,313 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | |
Distributions to shareholders | | | (475,592) | | | (1,648,086) | | | (305,873) |
Return of capital | | | — | | | — | | | (164,147) |
Total distributions to shareholders | | | (475,592) | | | (1,648,086) | | | (470,020) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 10,513,835 | | | 613,607 | | | 26,733,505 |
Redemptions | | | (1,245,325) | | | (5,621,863) | | | (1,228,730) |
ETF transaction fees (See Note 5) | | | 6,807 | | | 1,761 | | | 16,761 |
Net increase (decrease) in net assets from capital transactions | | | 9,275,317 | | | (5,006,495) | | | 25,521,536 |
Net increase (decrease) in net assets | | | 9,307,055 | | | (4,597,823) | | | 25,171,829 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | 25,171,829 | | | — |
End of the period | | | $9,307,055 | | | $ 20,574,006 | | | $ 25,171,829 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 425,000 | | | 25,000 | | | 1,075,000 |
Redemptions | | | (50,000) | | | (225,000) | | | (50,000) |
Total increase/(decrease) in shares outstanding | | | 375,000 | | | (200,000) | | | 1,025,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was December 29, 2023. |
(b)
| Inception date of the Fund was June 30, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment income | | | $839,864 | | | $30,715 | | | $1,671,309 | | | $1,047,609 |
Net realized gain/(loss) | | | 535,491 | | | — | | | (258,429) | | | 1,609,482 |
Net change in unrealized appreciation/(depreciation) | | | (77,159) | | | (31,054) | | | 1,094,253 | | | (946,173) |
Net increase/(decrease) in net assets from operations | | | 1,298,196 | | | (339) | | | 2,507,133 | | | 1,710,918 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | | | | |
Distributions to shareholders | | | (1,349,404) | | | — | | | (2,449,312) | | | (1,667,118) |
Return of capital | | | (99,745) | | | — | | | (30,654) | | | — |
Total distributions to shareholders | | | (1,449,149) | | | — | | | (2,479,966) | | | (1,667,118) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 11,482,487 | | | 10,717,485 | | | 3,086,138 | | | 55,458,505 |
Redemptions | | | (2,432,818) | | | — | | | (13,588,153) | | | (6,790,045) |
ETF transaction fees (See Note 5) | | | 7,619 | | | 6,430 | | | 7,795 | | | 41,615 |
Net increase (decrease) in net assets from capital transactions | | | 9,057,288 | | | 10,723,915 | | | (10,494,220) | | | 48,710,075 |
Net increase (decrease) in net assets | | | 8,906,335 | | | 10,723,576 | | | (10,467,053) | | | 48,753,875 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | 10,723,576 | | | — | | | 48,753,875 | | | — |
End of the period | | | $19,629,911 | | | $ 10,723,576 | | | $38,286,822 | | | $ 48,753,875 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 475,000 | | | 450,000 | | | 125,000 | | | 2,250,000 |
Redemptions | | | (100,000) | | | — | | | (550,000) | | | (275,000) |
Total increase/(decrease) in shares outstanding | | | 375,000 | | | 450,000 | | | (425,000) | | | 1,975,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was September 29, 2023. |
(b)
| Inception date of the Fund was March 31, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment income | | | $737,555 | | | $1,127,715 | | | $353,370 |
Net realized gain | | | 561,690 | | | 304,439 | | | 211,538 |
Net change in unrealized appreciation/(depreciation) | | | (277,884) | | | 339,462 | | | (242,195) |
Net increase in net assets from operations | | | 1,021,361 | | | 1,771,616 | | | 322,713 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | |
Distributions to shareholders | | | (982,493) | | | (1,554,560) | | | (353,370) |
Return of capital | | | — | | | — | | | (65,989) |
Total distributions to shareholders | | | (982,493) | | | (1,554,560) | | | (419,359) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 25,959,568 | | | 621,085 | | | 32,302,587 |
Redemptions | | | (3,718,528) | | | (5,632,930) | | | (3,745,855) |
ETF transaction fees (See Note 5) | | | 22,999 | | | 2,382 | | | 27,350 |
Net increase (decrease) in net assets from capital transactions | | | 22,264,039 | | | (5,009,463) | | | 28,584,082 |
Net increase (decrease) in net assets | | | 22,302,907 | | | (4,792,407) | | | 28,487,436 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | 28,487,436 | | | — |
End of the period | | | $ 22,302,907 | | | $ 23,695,029 | | | $ 28,487,436 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 1,050,000 | | | 25,000 | | | 1,300,000 |
Redemptions | | | (150,000) | | | (225,000) | | | (150,000) |
Total increase/(decrease) in shares outstanding | | | 900,000 | | | (200,000) | | | 1,150,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was December 29, 2023. |
(b)
| Inception date of the Fund was June 30, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment income | | | $1,001,798 | | | $36,958 | | | $916,559 | | | $778,051 |
Net realized gain/(loss) | | | 434,868 | | | — | | | (1,054,215) | | | 1,642,320 |
Net change in unrealized appreciation/(depreciation) | | | (83,773) | | | (28,146) | | | 1,377,364 | | | (1,330,499) |
Net increase in net assets from
operations | | | 1,352,893 | | | 8,812 | | | 1,239,708 | | | 1,089,872 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | | | | |
Distributions to shareholders | | | (1,419,090) | | | — | | | (1,089,774) | | | (1,019,234) |
Return of capital | | | (24,164) | | | — | | | (123,719) | | | — |
Total distributions to shareholders | | | (1,443,254) | | | — | | | (1,213,493) | | | (1,019,234) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 13,244,325 | | | 13,700,488 | | | 3,079,483 | | | 43,592,020 |
Redemptions | | | (5,456,780) | | | — | | | (17,249,560) | | | (10,455,635) |
ETF transaction fees (See Note 5) | | | 12,418 | | | 10,960 | | | 11,480 | | | 45,152 |
Net increase (decrease) in net assets from capital transactions | | | 7,799,963 | | | 13,711,448 | | | (14,158,597) | | | 33,181,537 |
Net increase (decrease) in net assets | | | 7,709,602 | | | 13,720,260 | | | (14,132,382) | | | 33,252,175 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | 13,720,260 | | | — | | | 33,252,175 | | | — |
End of the period | | | $ 21,429,862 | | | $ 13,720,260 | | | $19,119,793 | | | $33,252,175 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 550,000 | | | 575,000 | | | 125,000 | | | 1,775,000 |
Redemptions | | | (225,000) | | | — | | | (700,000) | | | (425,000) |
Total increase/(decrease) in shares outstanding | | | 325,000 | | | 575,000 | | | (575,000) | | | 1,350,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was September 29, 2023. |
(b)
| Inception date of the Fund was March 31, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment income | | | $302,816 | | | $365,933 | | | $109,414 |
Net realized gain | | | 277,389 | | | 111,615 | | | — |
Net change in unrealized appreciation/(depreciation) | | | (201,783) | | | 12,241 | | | 9,390 |
Net increase in net assets from operations | | | 378,422 | | | 489,789 | | | 118,804 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | |
Distributions to shareholders | | | (335,978) | | | (462,240) | | | (114,933) |
Return of capital | | | — | | | (372) | | | — |
Total distributions to shareholders | | | (335,978) | | | (462,612) | | | (114,933) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 14,819,088 | | | 1,869,820 | | | 8,056,353 |
Redemptions | | | (9,934,655) | | | (1,864,030) | | | — |
ETF transaction fees (See Note 5) | | | 24,753 | | | 2,748 | | | 8,056 |
Net increase in net assets from capital transactions | | | 4,909,186 | | | 8,538 | | | 8,064,409 |
Net increase in net assets | | | 4,951,630 | | | 35,715 | | | 8,068,280 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | 8,068,280 | | | — |
End of the period | | | $4,951,630 | | | $8,103,995 | | | $ 8,068,280 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 600,000 | | | 75,000 | | | 325,000 |
Redemptions | | | (400,000) | | | (75,000) | | | — |
Total increase in shares outstanding | | | 200,000 | | | — | | | 325,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was December 29, 2023. |
(b)
| Inception date of the Fund was June 30, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment income | | | $516,375 | | | $22,204 | | | $44,091 | | | $305,598 |
Net realized gain/(loss) | | | 119,135 | | | — | | | (2) | | | (85) |
Net change in unrealized appreciation/(depreciation) | | | (65,646) | | | (4,560) | | | 25,263 | | | 203,768 |
Net increase in net assets from
operations | | | 569,864 | | | 17,644 | | | 69,352 | | | 509,281 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | | | | |
Distributions to shareholders | | | (621,267) | | | — | | | (44,091) | | | (305,598) |
Return of capital | | | (40,170) | | | — | | | (22,674) | | | (198,537) |
Total distributions to shareholders | | | (661,437) | | | — | | | (66,765) | | | (504,135) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 9,038,648 | | | 6,537,468 | | | 1,872,255 | | | 9,825,028 |
Redemptions | | | (3,023,600) | | | — | | | — | | | — |
ETF transaction fees (See Note 5) | | | 9,642 | | | 6,537 | | | 938 | | | 4,912 |
Net increase in net assets from capital transactions | | | 6,024,690 | | | 6,544,005 | | | 1,873,193 | | | 9,829,940 |
Net increase in net assets | | | 5,933,117 | | | 6,561,649 | | | 1,875,780 | | | 9,835,086 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | 6,561,649 | | | — | | | — | | | — |
End of the period | | | $ 12,494,766 | | | $ 6,561,649 | | | $ 1,875,780 | | | $ 9,835,086 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 375,000 | | | 275,000 | | | 75,000 | | | 400,000 |
Redemptions | | | (125,000) | | | — | | | — | | | — |
Total increase in shares outstanding | | | 250,000 | | | 275,000 | | | 75,000 | | | 400,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was September 29, 2023. |
(b)
| Inception date of the Fund was March 28, 2024. |
(c)
| Inception date of the Fund was December 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment income | | | $21,874 | | | $566,013 | | | $6,351 |
Net realized gain | | | 7,347 | | | 259,291 | | | — |
Net change in unrealized appreciation/(depreciation) | | | 9,350 | | | (53,652) | | | (3,249) |
Net increase in net assets from operations | | | 38,571 | | | 771,652 | | | 3,102 |
DISTRIBUTIONS TO SHAREHOLDERS:
| | | | | | | | | |
Distributions to shareholders | | | (22,917) | | | (566,757) | | | (6,351) |
Return of capital | | | (8,565) | | | (421,974) | | | (8,763) |
Total distributions to shareholders | | | (31,482) | | | (988,731) | | | (15,114) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 1,782,825 | | | 28,180,740 | | | 2,373,913 |
Redemptions | | | (600,088) | | | (14,964,353) | | | — |
ETF transaction fees (See Note 5) | | | 1,014 | | | 7,037 | | | 1,187 |
Net increase in net assets from capital transactions | | | 1,183,751 | | | 13,223,424 | | | 2,375,100 |
Net increase in net assets | | | 1,190,840 | | | 13,006,345 | | | 2,363,088 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | — | | | 2,363,088 | | | — |
End of the period | | | $ 1,190,840 | | | $15,369,433 | | | $ 2,363,088 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 75,000 | | | 1,175,000 | | | 100,000 |
Redemptions | | | (25,000) | | | (625,000) | | | — |
Total increase in shares outstanding | | | 50,000 | | | 550,000 | | | 100,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was June 28, 2024. |
(b)
| Inception date of the Fund was September 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(803,482) | | | $(7,047) | | | $(394,565) | | | $(3,740) |
Net realized gain | | | 14,335,032 | | | — | | | 13,177,554 | | | — |
Net change in unrealized appreciation/(depreciation) | | | 313,533 | | | (39,080) | | | (345,145) | | | (272,401) |
Net increase/(decrease) in net assets from operations | | | 13,845,083 | | | (46,127) | | | 12,437,844 | | | (276,141) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 413,500,690 | | | 24,930,057 | | | 337,160,913 | | | 12,884,708 |
Redemptions | | | (195,916,748) | | | — | | | (259,951,358) | | | — |
ETF transaction fees (See Note 5) | | | 132,681 | | | 12,145 | | | 53,847 | | | 6,122 |
Net increase in net assets from capital transactions | | | 217,716,623 | | | 24,942,202 | | | 77,263,402 | | | 12,890,830 |
Net increase in net assets | | | 231,561,706 | | | 24,896,075 | | | 89,701,246 | | | 12,614,689 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | 24,896,075 | | | — | | | 12,614,689 | | | — |
End of the period | | | $256,457,781 | | | $ 24,896,075 | | | $102,315,935 | | | $ 12,614,689 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 14,875,000 | | | 975,000 | | | 11,325,000 | | | 500,000 |
Redemptions | | | (7,075,000) | | | — | | | (8,575,000) | | | — |
Total increase in shares outstanding | | | 7,800,000 | | | 975,000 | | | 2,750,000 | | | 500,000 |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was September 29, 2023. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(633,029) | | | $(359,417) | | | $(697,874) | | | $(414,914) |
Net realized gain/(loss) | | | 9,794,031 | | | (93,634) | | | 9,908,977 | | | (469,597) |
Net change in unrealized appreciation | | | 3,278,138 | | | 4,265,850 | | | 2,999,089 | | | 6,916,553 |
Net increase in net assets from operations | | | 12,439,140 | | | 3,812,799 | | | 12,210,192 | | | 6,032,042 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 44,214,533 | | | 68,621,898 | | | 64,435,598 | | | 64,932,927 |
Redemptions | | | (43,795,260) | | | (18,246,527) | | | (61,653,173) | | | (13,685,163) |
ETF transaction fees (See Note 5) | | | 13,152 | | | 29,986 | | | 13,910 | | | 29,196 |
Net increase in net assets from capital transactions | | | 432,425 | | | 50,405,357 | | | 2,796,335 | | | 51,276,960 |
Net increase in net assets | | | 12,871,565 | | | 54,218,156 | | | 15,006,527 | | | 57,309,002 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 73,824,574 | | | 19,606,418 | | | 71,608,992 | | | 14,299,990 |
End of the year | | | $86,696,139 | | | $73,824,574 | | | $86,615,519 | | | $71,608,992 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 1,425,000 | | | 2,475,000 | | | 2,500,000 | | | 2,850,000 |
Redemptions | | | (1,400,000) | | | (675,000) | | | (2,350,000) | | | (600,000) |
Total increase in shares outstanding | | | 25,000 | | | 1,800,000 | | | 150,000 | | | 2,250,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(781,903) | | | $(376,645) | | | $(541,697) | | | $(375,089) |
Net realized gain | | | 10,377,930 | | | 2,929,233 | | | 9,128,804 | | | 8,003,982 |
Net change in unrealized appreciation/(depreciation) | | | 6,030,911 | | | (186,895) | | | 294,071 | | | (1,564,382) |
Net increase in net assets from operations | | | 15,626,938 | | | 2,365,693 | | | 8,881,178 | | | 6,064,511 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 108,804,390 | | | 52,851,067 | | | 54,093,895 | | | 37,047,377 |
Redemptions | | | (52,765,663) | | | (8,799,380) | | | (51,530,978) | | | (23,967,542) |
ETF transaction fees (See Note 5) | | | 45,136 | | | 26,426 | | | 9,987 | | | 13,292 |
Net increase in net assets from capital transactions | | | 56,083,863 | | | 44,078,113 | | | 2,572,904 | | | 13,093,127 |
Net increase in net assets | | | 71,710,801 | | | 46,443,806 | | | 11,454,082 | | | 19,157,638 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 78,680,760 | | | 32,236,954 | | | 55,105,620 | | | 35,947,982 |
End of the year | | | $ 150,391,561 | | | $ 78,680,760 | | | $66,559,702 | | | $55,105,620 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,350,000 | | | 1,850,000 | | | 1,875,000 | | | 1,475,000 |
Redemptions | | | (1,650,000) | | | (325,000) | | | (1,750,000) | | | (925,000) |
Total increase in shares outstanding | | | 1,700,000 | | | 1,525,000 | | | 125,000 | | | 550,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(50,121) | | | $(38,822) | | | $(62,150) | | | $(74,008) |
Net realized gain/(loss) | | | 906,018 | | | (304,365) | | | 790,226 | | | 726,222 |
Net change in unrealized appreciation | | | 538,692 | | | 787,827 | | | 731,841 | | | 950,422 |
Net increase in net assets from operations | | | 1,394,589 | | | 444,640 | | | 1,459,917 | | | 1,602,636 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 5,510,818 | | | 5,322,075 | | | 3,899,475 | | | 13,024,527 |
Redemptions | | | (4,720,943) | | | (3,965,260) | | | (700,035) | | | (13,466,820) |
ETF transaction fees (See Note 5) | | | 1,182 | | | 1,698 | | | 1,949 | | | 5,532 |
Net increase (decrease) in net assets from capital transactions | | | 791,057 | | | 1,358,513 | | | 3,201,389 | | | (436,761) |
Net increase in net assets | | | 2,185,646 | | | 1,803,153 | | | 4,661,306 | | | 1,165,875 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 5,558,436 | | | 3,755,283 | | | 5,139,482 | | | 3,973,607 |
End of the year | | | $7,744,082 | | | $5,558,436 | | | $ 9,800,788 | | | $5,139,482 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 175,000 | | | 200,000 | | | 150,000 | | | 625,000 |
Redemptions | | | (150,000) | | | (150,000) | | | (25,000) | | | (600,000) |
Total increase in shares outstanding | | | 25,000 | | | 50,000 | | | 125,000 | | | 25,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(70,764) | | | $(28,911) | | | $(45,696) | | | $(235,044) |
Net realized gain | | | 1,334,045 | | | 508,836 | | | 920,538 | | | 8,747,352 |
Net change in unrealized
appreciation/(depreciation) | | | 913,189 | | | (407,750) | | | 28,429 | | | (1,984,681) |
Net increase in net assets from operations | | | 2,176,470 | | | 72,175 | | | 903,271 | | | 6,527,627 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 7,069,265 | | | 6,253,075 | | | 2,761,485 | | | 2,842,197 |
Redemptions | | | (6,899,465) | | | (1,174,653) | | | (2,212,045) | | | (41,296,048) |
ETF transaction fees (See Note 5) | | | 3,535 | | | 3,127 | | | 1,382 | | | 1,421 |
Net increase (decrease) in net assets from capital transactions | | | 173,335 | | | 5,081,549 | | | 550,822 | | | (38,452,430) |
Net increase (decrease) in net assets | | | 2,349,805 | | | 5,153,724 | | | 1,454,093 | | | (31,924,803) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 8,626,171 | | | 3,472,447 | | | 3,701,802 | | | 35,626,605 |
End of the year | | | $ 10,975,976 | | | $8,626,171 | | | $5,155,895 | | | $3,701,802 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 225,000 | | | 225,000 | | | 100,000 | | | 125,000 |
Redemptions | | | (225,000) | | | (50,000) | | | (75,000) | | | (1,675,000) |
Total increase/(decrease) in shares outstanding | | | — | | | 175,000 | | | 25,000 | | | (1,550,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(462,603) | | | $(241,165) | | | $(74,700) | | | $(47,705) |
Net realized gain/(loss) | | | 14,852,498 | | | 2,120,930 | | | 1,651,725 | | | (483,417) |
Net change in unrealized appreciation/(depreciation) | | | 1,113,741 | | | (1,997,427) | | | 411,184 | | | 883,890 |
Net increase/(decrease) in net assets from operations | | | 15,503,636 | | | (117,662) | | | 1,988,209 | | | 352,768 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 125,791,113 | | | 71,891,918 | | | 5,516,193 | | | 7,557,672 |
Redemptions | | | (166,359,065) | | | (6,722,050) | | | (6,987,323) | | | (1,243,795) |
ETF transaction fees (See Note 5) | | | 10,078 | | | 35,946 | | | 2,758 | | | 3,778 |
Net increase (decrease) in net assets from capital transactions | | | (40,557,874) | | | 65,205,814 | | | (1,468,372) | | | 6,317,655 |
Net increase (decrease) in net assets | | | (25,054,238) | | | 65,088,152 | | | 519,837 | | | 6,670,423 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 76,528,237 | | | 11,440,085 | | | 10,405,309 | | | 3,734,886 |
End of the year | | | $51,473,999 | | | $ 76,528,237 | | | $ 10,925,146 | | | $ 10,405,309 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,825,000 | | | 2,575,000 | | | 175,000 | | | 275,000 |
Redemptions | | | (5,175,000) | | | (250,000) | | | (225,000) | | | (50,000) |
Total increase/(decrease) in shares outstanding | | | (1,350,000) | | | 2,325,000 | | | (50,000) | | | 225,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(141,037) | | | $(97,330) | | | $(92,490) | | | $(106,215) |
Net realized gain/(loss) | | | 4,753,048 | | | (804,045) | | | 2,147,810 | | | 2,302,988 |
Net change in unrealized appreciation/(depreciation) | | | (1,558,413) | | | 2,652,461 | | | 1,149,829 | | | (868,795) |
Net increase in net assets from operations | | | 3,053,598 | | | 1,751,086 | | | 3,205,149 | | | 1,327,978 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 19,466,145 | | | 1,450,453 | | | 4,599,528 | | | 8,926,552 |
Redemptions | | | (23,852,903) | | | (2,835,024) | | | (12,049,255) | | | (7,249,517) |
ETF transaction fees (See Note 5) | | | 7,926 | | | 7,254 | | | 2,299 | | | 4,463 |
Net increase (decrease) in net assets from capital transactions | | | (4,378,832) | | | 11,680,683 | | | (7,447,428) | | | 1,681,498 |
Net increase (decrease) in net assets | | | (1,325,234) | | | 13,431,769 | | | (4,242,279) | | | 3,009,476 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 18,399,087 | | | 4,967,318 | | | 15,712,060 | | | 12,702,584 |
End of the year | | | $17,073,853 | | | $ 18,399,087 | | | $11,469,781 | | | $ 15,712,060 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 775,000 | | | 675,000 | | | 150,000 | | | 325,000 |
Reinvestments | | | — | | | — | | | — | | | (275,000) |
Redemptions | | | (950,000) | | | (125,000) | | | (400,000) | | | — |
Total increase/(decrease) in shares outstanding | | | (175,000) | | | 550,000 | | | (250,000) | | | 50,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(134,067) | | | $(144,715) | | | $(1,728,319) | | | $(1,135,327) |
Net realized gain | | | 2,910,752 | | | 4,017,329 | | | 32,709,284 | | | 1,989,416 |
Net change in unrealized appreciation/(depreciation) | | | 116,206 | | | (872,681) | | | 14,762,078 | | | 14,617,756 |
Net increase in net assets from operations | | | 2,892,891 | | | 2,999,933 | | | 45,743,043 | | | 15,471,845 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 9,953,730 | | | 7,815,832 | | | 317,571,590 | | | 170,550,915 |
Redemptions | | | (11,273,453) | | | (13,203,575) | | | (253,776,055) | | | (150,222,185) |
ETF transaction fees (See Note 5) | | | 4,619 | | | 3,908 | | | 93,210 | | | 36,941 |
Net increase (decrease) in net assets from capital transactions | | | (1,315,104) | | | (5,383,835) | | | 63,888,745 | | | 20,365,671 |
Net increase (decrease) in net assets | | | 1,577,787 | | | (2,383,902) | | | 109,631,788 | | | 35,837,516 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 12,724,281 | | | 15,108,183 | | | 151,432,693 | | | 115,595,177 |
End of the year | | | $14,302,068 | | | $12,724,281 | | | $261,064,481 | | | $151,432,693 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 375,000 | | | 350,000 | | | 7,950,000 | | | 5,225,000 |
Redemptions | | | (400,000) | | | (550,000) | | | (6,300,000) | | | (4,575,000) |
Total increase/(decrease) in shares outstanding | | | (25,000) | | | (200,000) | | | 1,650,000 | | | 650,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(1,455,940) | | | $(1,075,089) | | | $(1,058,420) | | | $(807,279) |
Net realized gain | | | 37,881,150 | | | 16,146,420 | | | 16,358,443 | | | 1,991,153 |
Net change in unrealized appreciation/(depreciation) | | | 15,344,375 | | | (5,802,099) | | | 13,924,979 | | | 6,922,579 |
Net increase in net assets from operations | | | 51,769,585 | | | 9,269,232 | | | 29,225,002 | | | 8,106,453 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 266,431,185 | | | 262,266,050 | | | 78,823,845 | | | 113,316,305 |
Redemptions | | | (319,499,578) | | | (192,343,482) | | | (78,504,228) | | | (129,265,390) |
ETF transaction fees (See Note 5) | | | 78,368 | | | 91,677 | | | 29,312 | | | 50,366 |
Net increase (decrease) in net assets from capital transactions | | | (52,990,025) | | | 70,014,245 | | | 348,929 | | | (15,898,719) |
Net increase (decrease) in net assets | | | (1,220,440) | | | 79,283,477 | | | 29,573,931 | | | (7,792,266) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 182,037,164 | | | 102,753,687 | | | 95,929,749 | | | 103,722,015 |
End of the year | | | $180,816,724 | | | $182,037,164 | | | $ 125,503,680 | | | $95,929,749 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 6,900,000 | | | 7,875,000 | | | 2,100,000 | | | 3,475,000 |
Redemptions | | | (8,250,000) | | | (5,700,000) | | | (2,000,000) | | | (3,950,000) |
Total increase/(decrease) in shares outstanding | | | (1,350,000) | | | 2,175,000 | | | 100,000 | | | (475,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(1,306,303) | | | $(782,268) | | | $(1,867,713) | | | $(1,284,075) |
Net realized gain/(loss) | | | 27,836,603 | | | 1,873,964 | | | 37,606,489 | | | (8,360,945) |
Net change in unrealized appreciation | | | 7,683,465 | | | 9,006,440 | | | 19,865,310 | | | 24,725,731 |
Net increase in net assets from operations | | | 34,213,765 | | | 10,098,136 | | | 55,604,086 | | | 15,080,711 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 193,825,920 | | | 93,931,975 | | | 115,776,730 | | | 127,283,770 |
Redemptions | | | (196,881,068) | | | (72,996,860) | | | (66,782,125) | | | (136,578,385) |
ETF transaction fees (See Note 5) | | | 80,297 | | | 35,502 | | | 62,492 | | | 38,409 |
Net increase (decrease) in net assets from capital transactions | | | (2,974,851) | | | 20,970,617 | | | 49,057,097 | | | (9,256,206) |
Net increase in net assets | | | 31,238,914 | | | 31,068,753 | | | 104,661,183 | | | 5,824,505 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 99,928,989 | | | 68,860,236 | | | 148,460,327 | | | 142,635,822 |
End of the year | | | $131,167,903 | | | $99,928,989 | | | $ 253,121,510 | | | $148,460,327 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 5,100,000 | | | 2,975,000 | | | 2,825,000 | | | 3,775,000 |
Redemptions | | | (5,025,000) | | | (2,250,000) | | | (1,525,000) | | | (3,950,000) |
Total increase/(decrease) in shares outstanding | | | 75,000 | | | 725,000 | | | 1,300,000 | | | (175,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(2,098,208) | | | $(1,609,994) | | | $(914,625) | | | $(957,868) |
Net realized gain | | | 53,610,275 | | | 26,342,746 | | | 18,155,149 | | | 5,814,503 |
Net change in unrealized appreciation/(depreciation) | | | 23,595,893 | | | (18,369,687) | | | 7,720,227 | | | 3,770,913 |
Net increase in net assets from operations | | | 75,107,960 | | | 6,363,065 | | | 24,960,751 | | | 8,627,548 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 310,759,265 | | | 296,289,177 | | | 88,533,000 | | | 319,119,125 |
Redemptions | | | (467,785,285) | | | (131,517,565) | | | (63,623,302) | | | (303,292,985) |
ETF transaction fees (See Note 5) | | | 69,088 | | | 139,462 | | | 36,195 | | | 102,883 |
Net increase (decrease) in net assets from capital transactions | | | (156,956,932) | | | 164,911,074 | | | 24,945,893 | | | 15,929,023 |
Net increase (decrease) in net assets | | | (81,848,972) | | | 171,274,139 | | | 49,906,644 | | | 24,556,571 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 341,615,250 | | | 170,341,111 | | | 101,030,807 | | | 76,474,236 |
End of the year | | | $259,766,278 | | | $341,615,250 | | | $ 150,937,451 | | | $101,030,807 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 7,475,000 | | | 8,500,000 | | | 2,300,000 | | | 9,975,000 |
Redemptions | | | (11,575,000) | | | (3,950,000) | | | (1,700,000) | | | (9,350,000) |
Total increase/(decrease) in shares outstanding | | | (4,100,000) | | | 4,550,000 | | | 600,000 | | | 625,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(1,181,413) | | | $(706,520) | | | $(979,262) | | | $(1,100,065) |
Net realized gain | | | 20,290,038 | | | 1,432,078 | | | 21,425,048 | | | 2,873,474 |
Net change in unrealized appreciation | | | 10,441,049 | | | 9,734,259 | | | 10,126,715 | | | 6,358,957 |
Net increase in net assets from operations | | | 29,549,674 | | | 10,459,817 | | | 30,572,501 | | | 8,132,366 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 155,801,735 | | | 74,164,290 | | | 91,072,963 | | | 96,013,247 |
Redemptions | | | (98,987,618) | | | (73,749,233) | | | (101,731,158) | | | (169,099,124) |
ETF transaction fees (See Note 5) | | | 55,103 | | | 26,006 | | | 25,418 | | | 34,861 |
Net increase (decrease) in net assets from capital transactions | | | 56,869,220 | | | 441,063 | | | (10,632,777) | | | (73,051,016) |
Net increase (decrease) in net assets | | | 86,418,894 | | | 1,090,088 | | | 19,939,724 | | | (64,918,650) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 87,535,884 | | | 76,635,004 | | | 110,939,657 | | | 175,858,307 |
End of the year | | | $ 173,954,778 | | | $87,535,884 | | | $130,879,381 | | | $110,939,657 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,800,000 | | | 2,200,000 | | | 2,525,000 | | | 3,200,000 |
Redemptions | | | (2,375,000) | | | (2,150,000) | | | (2,825,000) | | | (5,625,000) |
Total increase/(decrease) in shares outstanding | | | 1,425,000 | | | 50,000 | | | (300,000) | | | (2,425,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(831,788) | | | $(914,440) | | | $(1,399,085) | | | $(1,434,814) |
Net realized gain | | | 19,704,381 | | | 13,481,455 | | | 33,423,560 | | | 32,757,483 |
Net change in unrealized appreciation/(depreciation) | | | (1,481) | | | (3,396) | | | 1,341,009 | | | (12,481,798) |
Net increase in net assets from operations | | | 18,871,112 | | | 12,563,619 | | | 33,365,484 | | | 18,840,871 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 166,713,030 | | | 100,042,130 | | | 82,389,437 | | | 163,680,488 |
Redemptions | | | (169,963,887) | | | (90,434,823) | | | (53,975,515) | | | (237,622,715) |
ETF transaction fees (See Note 5) | | | 31,137 | | | 42,710 | | | 42,237 | | | 29,508 |
Net increase (decrease) in net assets from capital transactions | | | (3,219,720) | | | 9,650,017 | | | 28,456,159 | | | (73,912,719) |
Net increase (decrease) in net assets | | | 15,651,392 | | | 22,213,636 | | | 61,821,643 | | | (55,071,848) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 83,924,063 | | | 61,710,427 | | | 171,230,033 | | | 226,301,881 |
End of the year | | | $99,575,455 | | | $83,924,063 | | | $ 233,051,676 | | | $171,230,033 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 4,475,000 | | | 3,325,000 | | | 1,975,000 | | | 4,550,000 |
Redemptions | | | (4,500,000) | | | (2,775,000) | | | (1,350,000) | | | (6,850,000) |
Total increase/(decrease) in shares outstanding | | | (25,000) | | | 550,000 | | | 625,000 | | | (2,300,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(1,273,329) | | | $(1,305,348) | | | $(5,919,620) | | | $(3,906,687) |
Net realized gain | | | 30,753,415 | | | 21,146,328 | | | 100,344,365 | | | 9,735,826 |
Net change in unrealized appreciation/(depreciation) | | | 10,656,812 | | | (5,823,819) | | | 32,421,643 | | | 32,251,088 |
Net increase in net assets from operations | | | 40,136,898 | | | 14,017,161 | | | 126,846,388 | | | 38,080,227 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 177,678,875 | | | 129,468,422 | | | 1,061,857,410 | | | 733,077,275 |
Redemptions | | | (193,763,215) | | | (131,462,895) | | | (982,516,452) | | | (500,144,450) |
ETF transaction fees (See Note 5) | | | 36,808 | | | 37,444 | | | 299,395 | | | 257,053 |
Net increase (decrease) in net assets from capital transactions | | | (16,047,532) | | | (1,957,029) | | | 79,640,353 | | | 233,189,878 |
Net increase in net assets | | | 24,089,366 | | | 12,060,132 | | | 206,486,741 | | | 271,270,105 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 178,108,662 | | | 166,048,530 | | | 579,804,045 | | | 308,533,940 |
End of the year | | | $202,198,028 | | | $178,108,662 | | | $786,290,786 | | | $579,804,045 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 4,300,000 | | | 3,800,000 | | | 31,750,000 | | | 24,950,000 |
Redemptions | | | (4,850,000) | | | (3,900,000) | | | (29,000,000) | | | (16,875,000) |
Total increase/(decrease) in shares outstanding | | | (550,000) | | | (100,000) | | | 2,750,000 | | | 8,075,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(6,417,701) | | | $(4,714,134) | | | $(6,065,249) | | | $(4,811,464) |
Net realized gain | | | 124,891,428 | | | 60,085,142 | | | 81,107,406 | | | 17,702,855 |
Net change in unrealized appreciation/(depreciation) | | | 60,964,354 | | | (26,071,417) | | | 64,372,407 | | | 23,313,113 |
Net increase in net assets from operations | | | 179,438,081 | | | 29,299,591 | | | 139,414,564 | | | 36,204,504 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 778,845,285 | | | 1,071,320,288 | | | 705,086,003 | | | 665,060,360 |
Redemptions | | | (992,823,910) | | | (650,463,435) | | | (670,079,668) | | | (346,315,393) |
ETF transaction fees (See Note 5) | | | 206,025 | | | 352,859 | | | 154,540 | | | 332,737 |
Net increase (decrease) in net assets from capital transactions | | | (213,772,600) | | | 421,209,712 | | | 35,160,875 | | | 319,077,704 |
Net increase (decrease) in net assets | | | (34,334,519) | | | 450,509,303 | | | 174,575,439 | | | 355,282,208 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 886,281,097 | | | 435,771,794 | | | 563,210,839 | | | 207,928,631 |
End of the year | | | $851,946,578 | | | $886,281,097 | | | $737,786,278 | | | $563,210,839 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 21,475,000 | | | 34,125,000 | | | 20,550,000 | | | 21,725,000 |
Redemptions | | | (27,775,000) | | | (20,700,000) | | | (19,200,000) | | | (10,850,000) |
Total increase/(decrease) in shares outstanding | | | (6,300,000) | | | 13,425,000 | | | 1,350,000 | | | 10,875,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(5,050,512) | | | $(3,643,969) | | | $(7,918,303) | | | $(4,696,304) |
Net realized gain/(loss) | | | 75,630,172 | | | 15,820,131 | | | 122,012,265 | | | (202,936) |
Net change in unrealized appreciation | | | 36,268,953 | | | 22,836,992 | | | 57,398,575 | | | 63,870,797 |
Net increase in net assets from
operations | | | 106,848,613 | | | 35,013,154 | | | 171,492,537 | | | 58,971,557 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 651,569,928 | | | 524,558,752 | | | 798,596,213 | | | 498,598,470 |
Redemptions | | | (556,883,817) | | | (356,410,367) | | | (553,046,820) | | | (437,078,503) |
ETF transaction fees (See Note 5) | | | 228,595 | | | 224,510 | | | 374,854 | | | 179,283 |
Net increase in net assets from capital transactions | | | 94,914,706 | | | 168,372,895 | | | 245,924,247 | | | 61,699,250 |
Net increase in net assets | | | 201,763,319 | | | 203,386,049 | | | 417,416,784 | | | 12,067,087 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 442,801,553 | | | 239,415,504 | | | 569,465,316 | | | 448,794,509 |
End of the year | | | $644,564,872 | | | $442,801,553 | | | $986,882,100 | | | $569,465,316 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 19,625,000 | | | 18,050,000 | | | 21,450,000 | | | 15,575,000 |
Redemptions | | | (16,525,000) | | | (11,900,000) | | | (14,250,000) | | | (13,350,000) |
Total increase in shares outstanding | | | 3,100,000 | | | 6,150,000 | | | 7,200,000 | | | 2,225,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(7,140,660) | | | $(4,907,187) | | | $(4,337,477) | | | $(3,513,582) |
Net realized gain | | | 128,851,458 | | | 73,127,718 | | | 73,085,974 | | | 10,415,737 |
Net change in unrealized appreciation/(depreciation) | | | 60,280,662 | | | (34,421,386) | | | 24,677,740 | | | 11,807,363 |
Net increase in net assets from operations | | | 181,991,460 | | | 33,799,145 | | | 93,426,237 | | | 18,709,518 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 873,921,443 | | | 988,712,938 | | | 400,251,342 | | | 417,323,715 |
Redemptions | | | (1,084,317,178) | | | (527,322,722) | | | (400,990,445) | | | (259,167,067) |
ETF transaction fees (See Note 5) | | | 194,525 | | | 356,183 | | | 160,663 | | | 166,518 |
Net increase (decrease) in net assets from capital transactions | | | (210,201,210) | | | 461,746,399 | | | (578,440) | | | 158,323,166 |
Net increase (decrease) in net assets | | | (28,209,750) | | | 495,545,544 | | | 92,847,797 | | | 177,032,684 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 999,373,718 | | | 503,828,174 | | | 521,397,970 | | | 344,365,286 |
End of the year | | | $971,163,968 | | | $999,373,718 | | | $614,245,767 | | | $521,397,970 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 22,600,000 | | | 29,225,000 | | | 11,450,000 | | | 13,575,000 |
Redemptions | | | (28,475,000) | | | (16,075,000) | | | (11,550,000) | | | (8,375,000) |
Total increase/(decrease) in shares outstanding | | | (5,875,000) | | | 13,150,000 | | | (100,000) | | | 5,200,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(4,242,195) | | | $(2,801,854) | | | $(3,986,182) | | | $(3,638,316) |
Net realized gain | | | 66,929,271 | | | 7,234,131 | | | 67,788,753 | | | 4,920,923 |
Net change in unrealized appreciation | | | 21,684,378 | | | 28,934,732 | | | 30,590,734 | | | 17,019,668 |
Net increase in net assets from operations | | | 84,371,454 | | | 33,367,009 | | | 94,393,305 | | | 18,302,275 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 580,930,233 | | | 489,466,240 | | | 275,554,055 | | | 583,967,935 |
Redemptions | | | (485,770,238) | | | (371,858,568) | | | (266,538,275) | | | (536,440,747) |
ETF transaction fees (See Note 5) | | | 222,954 | | | 157,244 | | | 92,263 | | | 266,042 |
Net increase in net assets from capital transactions | | | 95,382,949 | | | 117,764,916 | | | 9,108,043 | | | 47,793,230 |
Net increase in net assets | | | 179,754,403 | | | 151,131,925 | | | 103,501,348 | | | 66,095,505 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 377,427,113 | | | 2,226,295,188 | | | 459,062,668 | | | 392,967,163 |
End of the year | | | $557,181,516 | | | $377,427,113 | | | $562,564,016 | | | $459,062,668 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 16,000,000 | | | 15,600,000 | | | 8,400,000 | | | 20,375,000 |
Redemptions | | | (13,175,000) | | | (11,675,000) | | | (8,150,000) | | | (18,675,000) |
Total increase in shares outstanding | | | 2,825,000 | | | 3,925,000 | | | 250,000 | | | 1,700,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(5,742,063) | | | $(5,777,422) | | | $(5,308,952) | | | $(4,205,011) |
Net realized gain | | | 109,320,411 | | | 66,604,930 | | | 103,921,950 | | | 97,089,031 |
Net change in unrealized appreciation/(depreciation) | | | 1,955 | | | (56,574) | | | 2,175,660 | | | (26,358,515) |
Net increase in net assets from operations | | | 103,580,303 | | | 60,770,934 | | | 100,788,658 | | | 66,525,505 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 240,845,755 | | | 1,112,516,447 | | | 342,823,845 | | | 595,582,417 |
Redemptions | | | (298,381,665) | | | (867,577,250) | | | (322,149,203) | | | (586,065,137) |
ETF transaction fees (See Note 5) | | | 130,628 | | | 282,860 | | | 154,160 | | | 222,960 |
Net increase (decrease) in net assets from capital transactions | | | (57,405,282) | | | 245,222,057 | | | 20,828,802 | | | 9,740,240 |
Net increase in net assets | | | 46,175,021 | | | 305,992,991 | | | 121,617,460 | | | 76,265,745 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 623,382,145 | | | 317,389,154 | | | 725,753,713 | | | 649,487,968 |
End of the year | | | $669,557,166 | | | $623,382,145 | | | $847,371,173 | | | $725,753,713 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 7,000,000 | | | 35,675,000 | | | 8,900,000 | | | 17,725,000 |
Redemptions | | | (8,275,000) | | | (26,925,000) | | | (8,625,000) | | | (17,975,000) |
Total increase/(decrease) in shares outstanding | | | (1,275,000) | | | 8,750,000 | | | 275,000 | | | (250,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(5,776,890) | | | $(4,723,488) | | | $(1,071,833) | | | $(1,098,526) |
Net realized gain | | | 104,845,189 | | | 86,098,794 | | | 16,656,956 | | | 4,060,174 |
Net change in unrealized appreciation/(depreciation) | | | 34,757,656 | | | (19,439,458) | | | 7,470,938 | | | 2,548,462 |
Net increase in net assets from operations | | | 133,825,955 | | | 61,935,848 | | | 23,056,061 | | | 5,510,110 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 776,809,583 | | | 848,288,787 | | | 203,985,603 | | | 284,210,560 |
Redemptions | | | (710,801,160) | | | (766,332,245) | | | (175,750,133) | | | (317,150,238) |
ETF transaction fees (See Note 5) | | | 151,471 | | | 206,744 | | | 71,403 | | | 77,121 |
Net increase (decrease) in net assets from capital transactions | | | 66,159,894 | | | 82,163,286 | | | 28,306,873 | | | (32,862,557) |
Net increase (decrease) in net assets | | | 199,985,849 | | | 144,099,134 | | | 51,362,934 | | | (27,352,447) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 691,242,263 | | | 547,143,129 | | | 95,533,113 | | | 122,885,560 |
End of the year | | | $891,228,112 | | | $691,242,263 | | | $146,896,047 | | | $95,533,113 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 20,600,000 | | | 26,475,000 | | | 7,275,000 | | | 11,400,000 |
Redemptions | | | (18,925,000) | | | (23,700,000) | | | (6,150,000) | | | (12,600,000) |
Total increase/(decrease) in shares outstanding | | | 1,675,000 | | | 2,775,000 | | | 1,125,000 | | | (1,200,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(2,091,054) | | | $(957,627) | | | $(627,432) | | | $(673,474) |
Net realized gain | | | 51,296,689 | | | 12,107,936 | | | 9,047,858 | | | 2,775,109 |
Net change in unrealized appreciation/(depreciation) | | | 16,669,946 | | | (8,227,601) | | | 7,275,919 | | | 2,530,124 |
Net increase in net assets from
operations | | | 65,875,581 | | | 2,922,708 | | | 15,696,345 | | | 4,631,759 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 346,550,260 | | | 412,903,672 | | | 84,006,338 | | | 124,998,823 |
Redemptions | | | (523,726,115) | | | (154,422,560) | | | (98,073,543) | | | (106,342,178) |
ETF transaction fees (See Note 5) | | | 116,386 | | | 180,017 | | | 16,425 | | | 58,046 |
Net increase (decrease) in net assets from capital transactions | | | (177,059,469) | | | 258,661,129 | | | (14,050,780) | | | 18,714,691 |
Net increase (decrease) in net assets | | | (111,183,888) | | | 261,583,837 | | | 1,645,565 | | | 23,346,450 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 343,891,363 | | | 82,307,526 | | | 69,657,792 | | | 46,311,342 |
End of the year | | | $232,707,475 | | | $343,891,363 | | | $71,303,357 | | | $69,657,792 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 10,725,000 | | | 14,425,000 | | | 2,675,000 | | | 4,475,000 |
Redemptions | | | (16,200,000) | | | (5,425,000) | | | (3,075,000) | | | (3,700,000) |
Total increase/(decrease) in shares outstanding | | | (5,475,000) | | | 9,000,000 | | | (400,000) | | | 775,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(555,128) | | | $(561,118) | | | $(1,296,002) | | | $(1,296,694) |
Net realized gain/(loss) | | | 10,579,393 | | | (90,548) | | | 21,909,610 | | | 16,884 |
Net change in unrealized appreciation | | | 2,105,963 | | | 4,298,856 | | | 6,227,954 | | | 16,701,245 |
Net increase in net assets from
operations | | | 12,130,228 | | | 3,647,190 | | | 26,841,562 | | | 15,421,435 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 66,794,875 | | | 83,759,859 | | | 89,900,205 | | | 151,614,790 |
Redemptions | | | (72,106,215) | | | (91,340,087) | | | (72,223,125) | | | (334,857,225) |
ETF transaction fees (See Note 5) | | | 26,739 | | | 33,559 | | | 45,450 | | | 47,304 |
Net increase (decrease) in net assets from capital transactions | | | (5,284,601) | | | (7,546,659) | | | 17,722,530 | | | (183,195,131) |
Net increase (decrease) in net assets | | | 6,845,627 | | | (3,899,469) | | | 44,564,092 | | | (167,773,696) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 49,458,093 | | | 53,357,562 | | | 115,864,183 | | | 283,637,879 |
End of the year | | | $56,303,720 | | | $49,458,093 | | | $ 160,428,275 | | | $115,864,183 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 2,225,000 | | | 3,175,000 | | | 2,600,000 | | | 5,100,000 |
Redemptions | | | (2,325,000) | | | (3,375,000) | | | (2,000,000) | | | (11,100,000) |
Total increase/(decrease) in shares outstanding | | | (100,000) | | | (200,000) | | | 600,000 | | | (6,000,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(864,599) | | | $(714,624) | | | $(571,323) | | | $(676,027) |
Net realized gain | | | 13,993,450 | | | 8,229,827 | | | 8,739,978 | | | 4,731,034 |
Net change in unrealized appreciation/(depreciation) | | | 10,121,351 | | | (6,333,218) | | | 4,264,531 | | | 519,503 |
Net increase in net assets from
operations | | | 23,250,202 | | | 1,181,985 | | | 12,433,186 | | | 4,574,510 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 123,246,663 | | | 139,395,697 | | | 58,381,675 | | | 76,443,600 |
Redemptions | | | (163,771,833) | | | (52,670,440) | | | (53,867,508) | | | (121,810,847) |
ETF transaction fees (See Note 5) | | | 55,880 | | | 67,035 | | | 25,707 | | | 44,435 |
Net increase (decrease) in net assets from capital transactions | | | (40,469,290) | | | 86,792,292 | | | 4,539,874 | | | (45,322,812) |
Net increase (decrease) in net assets | | | (17,219,088) | | | 87,974,277 | | | 16,973,060 | | | (40,748,302) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 161,623,921 | | | 73,649,644 | | | 74,111,836 | | | 114,860,138 |
End of the year | | | $144,404,833 | | | $ 161,623,921 | | | $91,084,896 | | | $74,111,836 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 3,775,000 | | | 4,850,000 | | | 1,850,000 | | | 2,775,000 |
Redemptions | | | (5,300,000) | | | (1,925,000) | | | (1,750,000) | | | (4,400,000) |
Total increase/(decrease) in shares outstanding | | | (1,525,000) | | | 2,925,000 | | | 100,000 | | | (1,625,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(783,753) | | | $(569,027) | | | $(461,340) | | | $(674,151) |
Net realized gain/(loss) | | | 11,448,113 | | | (738,413) | | | 8,729,156 | | | 4,644,961 |
Net change in unrealized appreciation | | | 4,467,664 | | | 4,409,711 | | | 2,853,483 | | | 140,810 |
Net increase in net assets from operations | | | 15,132,024 | | | 3,102,271 | | | 11,121,299 | | | 4,111,620 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 131,336,658 | | | 178,510,980 | | | 27,887,467 | | | 94,363,725 |
Redemptions | | | (109,593,045) | | | (206,099,725) | | | (47,791,576) | | | (136,405,330) |
ETF transaction fees (See Note 5) | | | 68,204 | | | 47,610 | | | 15,535 | | | 43,587 |
Net increase (decrease) in net assets from capital transactions | | | 21,811,817 | | | (27,541,135) | | | (19,888,574) | | | (41,998,018) |
Net increase (decrease) in net assets | | | 36,943,841 | | | (24,438,864) | | | (8,767,275) | | | (37,886,398) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 44,967,102 | | | 69,405,966 | | | 61,507,186 | | | 99,393,584 |
End of the year | | | $81,910,943 | | | $44,967,102 | | | $52,739,911 | | | $61,507,186 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 4,075,000 | | | 6,300,000 | | | 900,000 | | | 3,550,000 |
Redemptions | | | (3,250,000) | | | (7,225,000) | | | (1,550,000) | | | (5,075,000) |
Total increase/(decrease) in shares outstanding | | | 825,000 | | | (925,000) | | | (650,000) | | | (1,525,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(373,991) | | | $(400,221) | | | $(777,621) | | | $(755,372) |
Net realized gain | | | 6,989,006 | | | 5,528,544 | | | 14,064,054 | | | 15,400,133 |
Net change in unrealized appreciation/(depreciation) | | | (1,096) | | | 5,694 | | | 402,600 | | | (3,736,511) |
Net increase in net assets from
operations | | | 6,613,919 | | | 5,134,017 | | | 13,689,033 | | | 10,908,250 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 68,120,205 | | | 23,303,373 | | | 74,464,900 | | | 70,835,078 |
Redemptions | | | (66,035,753) | | | (51,171,567) | | | (29,422,120) | | | (91,694,255) |
ETF transaction fees (See Note 5) | | | 15,702 | | | 15,815 | | | 30,590 | | | 25,328 |
Net increase (decrease) in net assets from capital transactions | | | 2,100,154 | | | (27,852,379) | | | 45,073,370 | | | (20,833,849) |
Net increase (decrease) in net assets | | | 8,714,073 | | | (22,718,362) | | | 58,762,403 | | | (9,925,599) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 30,407,560 | | | 53,125,922 | | | 103,295,410 | | | 113,221,009 |
End of the year | | | $39,121,633 | | | $30,407,560 | | | $ 162,057,813 | | | $ 103,295,410 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 2,100,000 | | | 850,000 | | | 2,150,000 | | | 2,350,000 |
Redemptions | | | (1,975,000) | | | (1,750,000) | | | (900,000) | | | (3,125,000) |
Total increase/(decrease) in shares outstanding | | | 125,000 | | | (900,000) | | | 1,250,000 | | | (775,000) |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(655,837) | | | $(843,844) | | | $(19,942) |
Net realized gain | | | 11,385,942 | | | 15,585,594 | | | 211,289 |
Net change in unrealized appreciation/(depreciation) | | | 4,859,236 | | | (4,544,846) | | | (528,351) |
Net increase/(decrease) in net assets from operations | | | 15,589,341 | | | 10,196,904 | | | (337,004) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 151,832,570 | | | 103,096,440 | | | 122,399,425 |
Redemptions | | | (93,753,956) | | | (182,756,658) | | | (6,521,355) |
ETF transaction fees (See Note 5) | | | 62,067 | | | 33,775 | | | 56,648 |
Net increase (decrease) in net assets from capital transactions | | | 58,140,681 | | | (79,626,443) | | | 115,934,718 |
Net increase (decrease) in net assets | | | 73,730,022 | | | (69,429,539) | | | 115,597,714 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | 89,556,474 | | | 158,986,013 | | | — |
End of the period | | | $ 163,286,496 | | | $89,556,474 | | | $115,597,714 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 4,450,000 | | | 3,525,000 | | | 4,675,000 |
Redemptions | | | (2,825,000) | | | (6,475,000) | | | (250,000) |
Total increase/(decrease) in shares outstanding | | | 1,625,000 | | | (2,950,000) | | | 4,425,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was June 28, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | |
Net investment loss | | | $(1,278,974) | | | $(981,713) | | | $(79,252) |
Net realized gain/(loss) | | | 26,458,169 | | | 1,303,722 | | | (948,867) |
Net change in unrealized appreciation/(depreciation) | | | 9,264,057 | | | (1,383,610) | | | (480,684) |
Net increase/(decrease) in net assets from operations | | | 34,443,252 | | | (1,061,601) | | | (1,508,803) |
CAPITAL TRANSACTIONS:
| | | | | | | | | |
Subscriptions | | | 166,184,638 | | | 14,651,190 | | | 142,918,575 |
Redemptions | | | (173,329,973) | | | (77,758,249) | | | (72,690,103) |
ETF transaction fees (See Note 5) | | | 64,354 | | | 59,475 | | | 70,838 |
Net increase (decrease) in net assets from capital transactions | | | (7,080,981) | | | 68,813,126 | | | 70,299,310 |
Net increase in net assets | | | 27,362,271 | | | 67,751,525 | | | 68,790,507 |
NET ASSETS:
| | | | | | | | | |
Beginning of the period | | | 152,606,248 | | | 84,854,723 | | | — |
End of the period | | | $179,968,519 | | | $ 152,606,248 | | | $68,790,507 |
SHARES TRANSACTIONS
| | | | | | | | | |
Subscriptions | | | 5,400,000 | | | 5,550,000 | | | 5,825,000 |
Redemptions | | | (5,750,000) | | | (2,950,000) | | | (3,050,000) |
Total increase/(decrease) in shares outstanding | | | (350,000) | | | 2,600,000 | | | 2,775,000 |
| | | | | | | | | | |
(a)
| Inception date of the Fund was July 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(2,795,281) | | | $(1,116,527) | | | $(1,220,104) | | | $(851,437) |
Net realized gain/(loss) | | | 29,615,020 | | | (3,340,443) | | | 13,518,514 | | | 7,140,919 |
Net change in unrealized appreciation/(depreciation) | | | 28,586,578 | | | 1,661,439 | | | 19,335,926 | | | (16,117,092) |
Net increase/(decrease) in net assets from operations | | | 55,406,317 | | | (2,795,531) | | | 31,634,336 | | | (9,827,610) |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 319,712,498 | | | 185,814,923 | | | 50,370,910 | | | 157,073,437 |
Redemptions | | | (114,577,645) | | | — | | | (110,570,810) | | | (42,324,790) |
ETF transaction fees (See Note 5) | | | 166,299 | | | 97,328 | | | 28,291 | | | 89,092 |
Net increase (decrease) in net assets from capital transactions | | | 205,301,152 | | | 63,869,196 | | | (60,171,609) | | | 114,837,739 |
Net increase (decrease) in net assets | | | 260,707,469 | | | 61,073,665 | | | (28,537,273) | | | 105,010,129 |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the year | | | 140,564,604 | | | 79,490,939 | | | 183,345,005 | | | 78,334,876 |
End of the year | | | $401,272,073 | | | $ 140,564,604 | | | $154,807,732 | | | $ 183,345,005 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 9,450,000 | | | 6,075,000 | | | 1,850,000 | | | 6,100,000 |
Redemptions | | | (3,300,000) | | | (3,950,000) | | | (4,100,000) | | | (1,700,000) |
Total increase/(decrease) in shares outstanding | | | 6,150,000 | | | 2,125,000 | | | (2,250,000) | | | 4,400,000 |
| | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | | | | | | | |
OPERATIONS:
| | | | | | | | | | | | |
Net investment loss | | | $(33,304) | | | $— | | | $(680,218) | | | $(581,494) |
Net realized gain | | | 150,984 | | | — | | | 15,176,305 | | | 6,231,567 |
Net change in unrealized appreciation/(depreciation) | | | 483,810 | | | (368) | | | 1,182,572 | | | (4,832,149) |
Net increase/(decrease) in net assets from operations | | | 601,490 | | | (368) | | | 15,678,659 | | | 817,924 |
CAPITAL TRANSACTIONS:
| | | | | | | | | | | | |
Subscriptions | | | 11,947,520 | | | 1,253,500 | | | 83,665,480 | | | 37,374,918 |
Redemptions | | | (1,971,345) | | | — | | | (17,139,555) | | | (45,181,015) |
ETF transaction fees (See Note 5) | | | 5,340 | | | — | | | 25,863 | | | 29,317 |
Net increase (decrease) in net assets from capital transactions | | | 9,981,515 | | | 1,253,500 | | | 66,551,788 | | | (7,776,780) |
Net increase (decrease) in net assets | | | 10,583,005 | | | 1,253,132 | | | 82,230,447 | | | (6,958,856) |
NET ASSETS:
| | | | | | | | | | | | |
Beginning of the period | | | — | | | — | | | 65,978,639 | | | 72,937,495 |
End of the period | | | $ 10,583,005 | | | $ 1,253,132 | | | $ 148,209,086 | | | $65,978,639 |
SHARES TRANSACTIONS
| | | | | | | | | | | | |
Subscriptions | | | 475,000 | | | 50,000 | | | 2,850,000 | | | 1,475,000 |
Redemptions | | | (75,000) | | | — | | | (600,000) | | | (1,675,000) |
Total increase/(decrease) in shares outstanding | | | 400,000 | | | 50,000 | | | 2,250,000 | | | (200,000) |
| | | | | | | | | | | | | |
(a)
| Inception date of the Fund was May 31, 2024. |
(b)
| Inception date of the Fund was October 31, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Statements of Changes in Net Assets(Continued)
| | | | |
OPERATIONS:
| | | |
Net investment loss | | | $(19,259) |
Net realized loss | | | — |
Net change in unrealized appreciation | | | 146,159 |
Net increase in net assets from operations | | | 126,899 |
CAPITAL TRANSACTIONS:
| | | |
Subscriptions | | | 18,852,020 |
ETF transaction fees (See Note 5) | | | 8,793 |
Net increase in net assets from capital transactions | | | 18,860,813 |
Net increase in net assets | | | 18,987,712 |
NET ASSETS:
| | | |
Beginning of the period | | | — |
End of the period | | | $ 18,987,712 |
SHARES TRANSACTIONS
| | | |
Subscriptions | | | 750,000 |
Total increase in shares outstanding | | | 750,000 |
| | | | |
(a)
| Inception date of the Fund was August 30, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS
| | | | | | | | | | |
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly |
10/31/2024 | | | $18.66 | | | $(0.16) | | | $1.78 | | | $1.62 | | | $ — | | | $— | | | $ — | | | $— |
10/31/2023 | | | $19.85 | | | (0.16) | | | (1.08) | | | (1.24) | | | — | | | — | | | — | | | — |
10/31/2022 | | | $23.72 | | | (0.17) | | | (3.74) | | | (3.91) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $24.43 | | | (0.19) | | | (0.56) | | | (0.75) | | | — | | | — | | | — | | | — |
10/31/2020(e) | | | $24.87 | | | (0.04) | | | (0.42) | | | (0.46) | | | — | | | — | | | — | | | — |
Innovator 20+ Year Treasury Bond 9 Buffer ETF - July |
10/31/2024 | | | $17.80 | | | (0.15) | | | 2.51 | | | 2.36 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $18.67 | | | (0.15) | | | (0.73) | | | (0.88) | | | — | | | — | | | — | | | — |
10/31/2022 | | | $24.46 | | | (0.17) | | | (5.67) | | | (5.84) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $24.32 | | | (0.17) | | | 0.30 | | | 0.13 | | | — | | | — | | | — | | | — |
10/31/2020(e) | | | $24.87 | | | (0.04) | | | (0.52) | | | (0.56) | | | — | | | — | | | — | | | — |
Innovator Defined Wealth Shield ETF |
10/31/2024 | | | $27.78 | | | (0.20) | | | 3.25 | | | 3.05 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $26.17 | | | (0.19) | | | 1.79 | | | 1.60 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $25.86 | | | (0.18) | | | 0.46 | | | 0.28 | | | — | | | — | | | — | | | — |
10/31/2021(g) | | | $25.69 | | | (0.06) | | | 0.20 | | | 0.14 | | | — | | | — | | | — | | | — |
Innovator Emerging Markets 10 Buffer ETF - Quarterly |
10/31/2024(h) | | | $24.99 | | | (0.08) | | | 0.60 | | | 0.52 | | | — | | | — | | | — | | | — |
Innovator Emerging Markets Power Buffer ETF - April |
10/31/2024 | | | $23.63 | | | (0.22) | | | 3.18 | | | 2.96 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $21.51 | | | (0.21) | | | 2.32 | | | 2.11 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $24.75 | | | (0.21) | | | (3.04) | | | (3.25) | | | — | | | — | | | — | | | — |
10/31/2021(i) | | | $24.96 | | | (0.13) | | | (0.10) | | | (0.23) | | | — | | | — | | | — | | | — |
Innovator Emerging Markets Power Buffer ETF - January |
10/31/2024 | | | $26.91 | | | (0.25) | | | 4.20 | | | 3.95 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $24.58 | | | (0.24) | | | 2.53 | | | 2.29 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.95 | | | (0.25) | | | (5.13) | | | (5.38) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.26 | | | (0.27) | | | 2.94 | | | 2.67 | | | — | | | — | | | — | | | — |
10/31/2020(j) | | | $26.80 | | | (0.19) | | | 0.62 | | | 0.43 | | | — | | | — | | | — | | | — |
Innovator Emerging Markets Power Buffer ETF - July |
10/31/2024 | | | $22.09 | | | (0.21) | | | 3.31 | | | 3.10 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $21.22 | | | (0.20) | | | 1.05 | | | 0.85 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $25.77 | | | (0.21) | | | (4.36) | | | (4.57) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $25.60 | | | (0.23) | | | 0.39 | | | 0.16 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.25 | | | (0.22) | | | 0.71 | | | 0.49 | | | — | | | (0.17) | | | — | | | (0.17) |
Innovator Emerging Markets Power Buffer ETF - October |
10/31/2024 | | | $21.99 | | | (0.21) | | | 4.51 | | | 4.30 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $20.50 | | | (0.20) | | | 1.68 | | | 1.48 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $25.23 | | | (0.20) | | | (4.56) | | | (4.76) | | | — | | | — | | | — | | | — |
10/31/2021(l) | | | $24.99 | | | (0.02) | | | 0.26 | | | 0.24 | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.02 | | | $20.30 | | | 8.79% | | | $76,624 | | | 0.79% | | | (0.79)% | | | —% |
$0.05 | | | $18.66 | | | −6.01% | | | $10,262 | | | 0.79% | | | (0.78)% | | | —% |
$0.04 | | | $19.85 | | | −16.32% | | | $20,347 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $23.72 | | | −2.87% | | | $9,489 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $24.43 | | | −1.79%(f) | | | $3,053 | | | 0.80% | | | (0.80)% | | | —%(f) |
|
$0.01 | | | $20.17 | | | 13.28% | | | $15,125 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $17.80 | | | −4.64% | | | $77,440 | | | 0.79% | | | (0.78)% | | | —% |
$0.05 | | | $18.67 | | | −23.67% | | | $32,204 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $24.46 | | | 0.55% | | | $4,892 | | | 0.79% | | | (0.72)% | | | —% |
$0.01 | | | $24.32 | | | −2.19%(f) | | | $5,473 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $30.84 | | | 11.01% | | | $900,618 | | | 0.69% | | | (0.68)% | | | —% |
$0.01 | | | $27.78 | | | 6.17% | | | $490,391 | | | 0.69% | | | (0.69)% | | | —% |
$0.03 | | | $26.17 | | | 1.21% | | | $256,462 | | | 0.69% | | | (0.69)% | | | —% |
$0.03 | | | $25.86 | | | 0.65%(f) | | | $29,088 | | | 0.69% | | | (0.69)% | | | —%(f) |
|
$0.03 | | | $25.54 | | | 2.25%(f) | | | $10,217 | | | 0.89% | | | (0.88)% | | | —%(f) |
|
$0.01 | | | $26.60 | | | 12.56% | | | $66,497 | | | 0.89% | | | (0.88)% | | | —% |
$0.01 | | | $23.63 | | | 9.84% | | | $58,485 | | | 0.89% | | | (0.88)% | | | —% |
$0.01 | | | $21.51 | | | −13.08% | | | $30,656 | | | 0.89% | | | (0.89)% | | | —% |
$0.02 | | | $24.75 | | | −0.84%(f) | | | $34,031 | | | 0.89% | | | (0.89)% | | | —%(f) |
|
$0.02 | | | $30.88 | | | 14.74% | | | $128,148 | | | 0.89% | | | (0.88)% | | | —% |
$0.04 | | | $26.91 | | | 9.50% | | | $264,407 | | | 0.89% | | | (0.87)% | | | —% |
$0.01 | | | $24.58 | | | −17.93% | | | $55,915 | | | 0.89% | | | (0.89)% | | | —% |
$0.02 | | | $29.95 | | | 9.87% | | | $106,320 | | | 0.89% | | | (0.89)% | | | —% |
$0.03 | | | $27.26 | | | 1.71%(f) | | | $27,940 | | | 0.89% | | | (0.89)% | | | —%(f) |
|
$—(k) | | | $25.19 | | | 14.00% | | | $86,896 | | | 0.89% | | | (0.88)% | | | —% |
$0.02 | | | $22.09 | | | 4.12% | | | $101,081 | | | 0.89% | | | (0.88)% | | | —% |
$0.02 | | | $21.22 | | | −17.66% | | | $54,643 | | | 0.89% | | | (0.89)% | | | —% |
$0.01 | | | $25.77 | | | 0.68% | | | $41,237 | | | 0.89% | | | (0.89)% | | | —% |
$0.03 | | | $25.60 | | | 2.04% | | | $35,197 | | | 0.90% | | | (0.90)% | | | —% |
|
$—(k) | | | $26.29 | | | 19.58% | | | $53,242 | | | 0.89% | | | (0.88)% | | | —% |
$0.01 | | | $21.99 | | | 7.24% | | | $42,875 | | | 0.89% | | | (0.88)% | | | —% |
$0.03 | | | $20.50 | | | −18.75% | | | $25,628 | | | 0.89% | | | (0.89)% | | | —% |
$—(k) | | | $25.23 | | | 0.98%(f) | | | $5,047 | | | 0.89% | | | (0.89)% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator Equity Defined Protection ETF - 1 Yr August |
10/31/2024(m) | | | $24.05 | | | $(0.05) | | | $0.58 | | | $0.53 | | | $ — | | | $ — | | | $ — | | | $ — |
Innovator Equity Defined Protection ETF - 1 Yr July |
10/31/2024(h) | | | $25.92 | | | (0.07) | | | 0.85 | | | 0.78 | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 1 Yr Nov |
10/31/2024(n) | | | $24.83 | | | — | | | 0.1 | | | 0.1 | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 1 Yr October |
10/31/2024(o) | | | $25.05 | | | (0.02) | | | (0.03) | | | (0.05) | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 1 Yr September |
10/31/2024(p) | | | $24.61 | | | (0.03) | | | 0.23 | | | 0.20 | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 2 Yr to April 2026 |
10/31/2024(q) | | | $24.72 | | | (0.11) | | | 1.45 | | | 1.34 | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 2 Yr to January 2026 |
10/31/2024(r) | | | $24.33 | | | (0.16) | | | 1.79 | | | 1.63 | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 2 Yr to July 2025 |
10/31/2024 | | | $24.27 | | | (0.20) | | | 3.39 | | | 3.19 | | | — | | | — | | | — | | | — |
10/31/2023(s) | | | $24.86 | | | (0.05) | | | (0.56) | | | (0.61) | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 2 Yr to July 2026 |
10/31/2024(h) | | | $25.72 | | | (0.07) | | | 0.99 | | | 0.92 | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 2 Yr to October 2026 |
10/31/2024(o) | | | $24.85 | | | (0.02) | | | (0.17) | | | (0.19) | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct |
10/31/2024(o) | | | $25.15 | | | (0.02) | | | 0.05 | | | 0.03 | | | — | | | — | | | — | | | — |
Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul |
10/31/2024(h) | | | $26.02 | | | (0.07) | | | 0.74 | | | 0.67 | | | — | | | — | | | — | | | — |
Innovator Growth Accelerated ETF - Quarterly |
10/31/2024 | | | $23.89 | | | (0.22) | | | 8.17 | | | 7.95 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $21.26 | | | (0.18) | | | 2.79 | | | 2.61 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.88 | | | (0.20) | | | (8.43) | | | (8.63) | | | — | | | — | | | — | | | — |
10/31/2021(i) | | | $25.53 | | | (0.13) | | | 4.47 | | | 4.34 | | | — | | | — | | | — | | | — |
Innovator Growth Accelerated Plus ETF - April |
10/31/2024 | | | $29.81 | | | (0.26) | | | 6.26 | | | 6.00 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $23.41 | | | (0.22) | | | 6.60 | | | 6.38 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.53 | | | (0.22) | | | (5.90) | | | (6.12) | | | — | | | — | | | — | | | — |
10/31/2021(i) | | | $25.53 | | | (0.13) | | | 4.11 | | | 3.98 | | | — | | | — | | | — | | | — |
Innovator Growth Accelerated Plus ETF - January |
10/31/2024 | | | $20.90 | | | (0.18) | | | 3.73 | | | 3.55 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $17.61 | | | (0.15) | | | 3.43 | | | 3.28 | | | — | | | — | | | — | | | — |
10/31/2022(t) | | | $25.46 | | | (0.13) | | | (7.74) | | | (7.87) | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $24.59 | | | 2.27%(f) | | | $81,159 | | | 0.79% | | | (0.78)% | | | —%(f) |
|
$0.02 | | | $26.72 | | | 3.10%(f) | | | $115,567 | | | 0.79% | | | (0.77)% | | | —%(f) |
|
$0.01 | | | $24.84 | | | — | | | $1,242 | | | — | | | — | | | — |
|
$0.01 | | | $25.01 | | | −0.20%(f) | | | $69,401 | | | 0.79% | | | (0.80)% | | | —%(f) |
|
$0.01 | | | $24.82 | | | 0.86%(f) | | | $109,824 | | | 0.79% | | | (0.75)% | | | —%(f) |
|
$0.02 | | | $26.08 | | | 5.51%(f) | | | $71,723 | | | 0.79% | | | (0.76)% | | | 14%(f) |
|
$0.02 | | | $25.98 | | | 6.80%(f) | | | $59,762 | | | 0.79% | | | (0.77)% | | | 10%(f) |
|
$0.01 | | | $27.47 | | | 13.19% | | | $213,593 | | | 0.79% | | | (0.77)% | | | 4% |
$0.02 | | | $24.27 | | | −2.37%(f) | | | $197,808 | | | 0.79% | | | (0.79)% | | | 7%(f) |
|
$0.03 | | | $26.67 | | | 3.72%(f) | | | $69,350 | | | 0.79% | | | (0.76)% | | | 47%(f) |
|
$0.02 | | | $24.68 | | | −0.73%(f) | | | $54,909 | | | 0.79% | | | (0.80)% | | | 11%(f) |
|
$0.01 | | | $25.19 | | | 0.12%(f) | | | $75,566 | | | 0.79% | | | (0.81)% | | | —%(f) |
|
$0.02 | | | $26.71 | | | 2.68%(f) | | | $153,608 | | | 0.79% | | | (0.77)% | | | —%(f) |
|
$0.01 | | | $31.85 | | | 33.34% | | | $34,241 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $23.89 | | | 12.39% | | | $32,847 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $21.26 | | | −28.85% | | | $18,067 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $29.88 | | | 17.02%(f) | | | $15,685 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $35.82 | | | 20.19% | | | $14,330 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $29.81 | | | 27.32% | | | $18,628 | | | 0.79% | | | (0.76)% | | | —% |
$—(k) | | | $23.41 | | | −20.72% | | | $7,023 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $29.53 | | | 15.66%(f) | | | $18,454 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $24.46 | | | 17.03% | | | $28,738 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $20.90 | | | 18.70% | | | $28,213 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $17.61 | | | −30.85%(f) | | | $4,401 | | | 0.79% | | | (0.79)% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator Growth Accelerated Plus ETF - July |
10/31/2024 | | | $24.34 | | | $(0.23) | | | $6.73 | | | $6.50 | | | $ — | | | $— | | | $ — | | | $— |
10/31/2023 | | | $19.99 | | | (0.18) | | | 4.52 | | | 4.34 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.50 | | | (0.18) | | | (7.35) | | | (7.53) | | | — | | | — | | | — | | | — |
10/31/2021(g) | | | $25.52 | | | (0.07) | | | 2.05 | | | 1.98 | | | — | | | — | | | — | | | — |
Innovator Growth Accelerated Plus ETF - October |
10/31/2024 | | | $22.79 | | | (0.21) | | | 5.27 | | | 5.06 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $18.52 | | | (0.17) | | | 4.43 | | | 4.26 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $25.70 | | | (0.18) | | | (7.01) | | | (7.19) | | | — | | | — | | | — | | | — |
10/31/2021(l) | | | $24.32 | | | (0.02) | | | 1.40 | | | 1.38 | | | — | | | — | | | — | | | — |
Innovator Growth-100 Power Buffer ETF - April |
10/31/2024 | | | $41.72 | | | (0.36) | | | 7.28 | | | 6.92 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $34.67 | | | (0.31) | | | 7.33 | | | 7.02 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $38.38 | | | (0.29) | | | (3.45) | | | (3.74) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $34.93 | | | (0.29) | | | 3.71 | | | 3.42 | | | — | | | — | | | — | | | — |
10/31/2020(u) | | | $31.27 | | | (0.16) | | | 3.77 | | | 3.61 | | | — | | | — | | | — | | | — |
Innovator Growth-100 Power Buffer ETF - August |
10/31/2024(m) | | | $24.31 | | | (0.05) | | | 0.63 | | | 0.58 | | | — | | | — | | | — | | | — |
Innovator Growth-100 Power Buffer ETF - January |
10/31/2024 | | | $40.87 | | | (0.34) | | | 6.00 | | | 5.66 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $35.60 | | | (0.30) | | | 5.56 | | | 5.26 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $42.07 | | | (0.30) | | | (6.19) | | | (6.49) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $37.44 | | | (0.31) | | | 4.91 | | | 4.60 | | | — | | | — | | | — | | | — |
10/31/2020(j) | | | $34.94 | | | (0.24) | | | 2.69 | | | 2.45 | | | — | | | — | | | — | | | — |
Innovator Growth-100 Power Buffer ETF - July |
10/31/2024 | | | $50.27 | | | (0.44) | | | 10.74 | | | 10.30 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $43.06 | | | (0.38) | | | 7.54 | | | 7.16 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $47.65 | | | (0.35) | | | (4.28) | | | (4.63) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $42.23 | | | (0.36) | | | 5.74 | | | 5.38 | | | — | | | — | | | — | | | — |
10/31/2020(v) | | | $40.64 | | | (0.11) | | | 1.67 | | | 1.56 | | | — | | | — | | | — | | | — |
Innovator Growth-100 Power Buffer ETF - June |
10/31/2024(w) | | | $25.05 | | | (0.08) | | | 1.40 | | | 1.32 | | | — | | | — | | | — | | | — |
Innovator Growth-100 Power Buffer ETF - November |
10/31/2024(n) | | | $24.97 | | | — | | | — | | | — | | | — | | | — | | | — | | | — |
Innovator Growth-100 Power Buffer ETF - October |
10/31/2024 | | | $42.13 | | | (0.37) | | | 7.93 | | | 7.56 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $35.28 | | | (0.30) | | | 7.12 | | | 6.82 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $40.07 | | | (0.30) | | | (4.51) | | | (4.81) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $33.53 | | | (0.30) | | | 6.82 | | | 6.52 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $31.70 | | | (0.26) | | | 2.39 | | | 2.13 | | | — | | | (0.35) | | | — | | | (0.35) |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $30.85 | | | 26.76% | | | $16,968 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $24.34 | | | 21.75% | | | $17,646 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $19.99 | | | −27.30% | | | $17,992 | | | 0.79% | | | (0.79)% | | | —% |
$—(k) | | | $27.50 | | | 7.75%(f) | | | $8,250 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$—(k) | | | $27.85 | | | 22.23% | | | $8,356 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $22.79 | | | 23.04% | | | $11,394 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $18.52 | | | −27.95% | | | $6,019 | | | 0.79% | | | (0.79)% | | | —% |
$—(k) | | | $25.70 | | | 5.69%(f) | | | $2,570 | | | 0.79% | | | (0.82)% | | | —%(f) |
|
$0.02 | | | $48.66 | | | 16.65% | | | $194,646 | | | 0.79% | | | (0.77)% | | | —% |
$0.03 | | | $41.72 | | | 20.33% | | | $132,446 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $34.67 | | | −9.67% | | | $52,866 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $38.38 | | | 9.87% | | | $41,254 | | | 0.79% | | | (0.79)% | | | —% |
$0.05 | | | $34.93 | | | 11.69%(f) | | | $15,717 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $24.90 | | | 2.43%(f) | | | $16,805 | | | 0.79% | | | (0.78)% | | | —%(f) |
|
$0.02 | | | $46.55 | | | 13.90% | | | $201,328 | | | 0.79% | | | (0.77)% | | | —% |
$0.01 | | | $40.87 | | | 14.79% | | | $77,649 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $35.60 | | | −15.37% | | | $82,777 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $42.07 | | | 12.36% | | | $87,297 | | | 0.79% | | | (0.79)% | | | —% |
$0.05 | | | $37.44 | | | 7.16%(f) | | | $39,315 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.02 | | | $60.59 | | | 20.52% | | | $266,590 | | | 0.79% | | | (0.78)% | | | —% |
$0.05 | | | $50.27 | | | 16.77% | | | $266,454 | | | 0.79% | | | (0.77)% | | | —% |
$0.04 | | | $43.06 | | | −9.64% | | | $118,404 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $47.65 | | | 12.83% | | | $55,986 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $42.23 | | | 3.91%(f) | | | $57,011 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.02 | | | $26.39 | | | 5.38%(f) | | | $27,052 | | | 0.79% | | | (0.77)% | | | —%(f) |
|
$— | | | $24.97 | | | — | | | $1,248 | | | — | | | — | | | — |
|
$0.01 | | | $49.70 | | | 17.98% | | | $161,025 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $42.13 | | | 19.41% | | | $148,284 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $35.28 | | | −11.95% | | | $80,965 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $40.07 | | | 19.51% | | | $77,928 | | | 0.79% | | | (0.79)% | | | —% |
$0.05 | | | $33.53 | | | 6.92% | | | $40,566 | | | 0.81% | | | (0.81)% | | | —% |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator Growth-100 Power Buffer ETF - September |
10/31/2024(p) | | | $24.58 | | | $(0.03) | | | $0.32 | | | $0.29 | | | $ — | | | $— | | | $ — | | | $— |
Innovator International Developed 10 Buffer ETF - Quarterly |
10/31/2024(h) | | | $25.02 | | | (0.07) | | | 0.42 | | | 0.35 | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - April |
10/31/2024 | | | $23.83 | | | (0.22) | | | 3.77 | | | 3.55 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $22.46 | | | (0.21) | | | 1.56 | | | 1.35 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $25.87 | | | (0.20) | | | (3.25) | | | (3.45) | | | — | | | — | | | — | | | — |
10/31/2021(i) | | | $24.90 | | | (0.13) | | | 1.08 | | | 0.95 | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - August |
10/31/2024(m) | | | $24.87 | | | (0.05) | | | (0.39) | | | (0.44) | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - December |
10/31/2024(x) | | | $24.99 | | | (0.21) | | | 2.40 | | | 2.19 | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - February |
10/31/2024(y) | | | $25.00 | | | (0.16) | | | 1.44 | | | 1.28 | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - January |
10/31/2024 | | | $27.13 | | | (0.26) | | | 4.82 | | | 4.56 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $24.11 | | | (0.24) | | | 3.24 | | | 3.00 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.04 | | | (0.22) | | | (2.72) | | | (2.94) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $23.82 | | | (0.22) | | | 3.43 | | | 3.21 | | | — | | | — | | | — | | | — |
10/31/2020(j) | | | $24.44 | | | (0.17) | | | (0.47) | | | (0.64) | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - July |
10/31/2024 | | | $25.05 | | | (0.23) | | | 3.26 | | | 3.03 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $22.08 | | | (0.21) | | | 3.16 | | | 2.95 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $24.68 | | | (0.20) | | | (2.42) | | | (2.62) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $22.73 | | | (0.21) | | | 2.15 | | | 1.94 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $23.43 | | | (0.19) | | | (0.30) | | | (0.49) | | | — | | | (0.23) | | | — | | | (0.23) |
Innovator International Developed Power Buffer ETF - June |
10/31/2024(w) | | | $25.12 | | | (0.09) | | | (0.01) | | | (0.10) | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - March |
10/31/2024(z) | | | $25.13 | | | (0.15) | | | 0.89 | | | 0.74 | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - May |
10/31/2024(aa) | | | $24.83 | | | (0.11) | | | 0.89 | | | 0.78 | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - November |
10/31/2024 | | | $24.94 | | | (0.24) | | | 4.60 | | | 4.36 | | | — | | | — | | | — | | | — |
10/31/2023(bb) | | | $24.95 | | | — | | | (0.01) | | | (0.01) | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.02 | | | $24.89 | | | 1.26%(f) | | | $36,083 | | | 0.79% | | | (0.75)% | | | —%(f) |
|
$0.01 | | | $25.38 | | | 1.45%(f) | | | $5,710 | | | 0.85% | | | (0.84)% | | | —%(f) |
|
$0.01 | | | $27.39 | | | 14.92% | | | $201,979 | | | 0.85% | | | (0.84)% | | | —% |
$0.02 | | | $23.83 | | | 6.10% | | | $222,226 | | | 0.85% | | | (0.84)% | | | —% |
$0.04 | | | $22.46 | | | −13.17% | | | $43,236 | | | 0.85% | | | (0.84)% | | | —% |
$0.02 | | | $25.87 | | | 3.88%(f) | | | $20,047 | | | 0.85% | | | (0.85)% | | | —%(f) |
|
$0.01 | | | $24.44 | | | −1.70%(f) | | | $14,665 | | | 0.85% | | | (0.85)% | | | —%(f) |
|
$0.01 | | | $27.19 | | | 8.80%(f) | | | $10,875 | | | 0.85% | | | (0.84)% | | | —%(f) |
|
$0.01 | | | $26.29 | | | 5.18%(f) | | | $11,833 | | | 0.85% | | | (0.84)% | | | —%(f) |
|
$0.01 | | | $31.70 | | | 16.87% | | | $180,718 | | | 0.85% | | | (0.84)% | | | —% |
$0.02 | | | $27.13 | | | 12.54% | | | $120,724 | | | 0.85% | | | (0.84)% | | | —% |
$0.01 | | | $24.11 | | | −10.84% | | | $65,688 | | | 0.85% | | | (0.85)% | | | —% |
$0.01 | | | $27.04 | | | 13.47% | | | $57,450 | | | 0.85% | | | (0.85)% | | | —% |
$0.02 | | | $23.82 | | | −2.52%(f) | | | $52,415 | | | 0.85% | | | (0.85)% | | | —%(f) |
|
$—(k) | | | $28.08 | | | 12.10% | | | $159,369 | | | 0.85% | | | (0.84)% | | | —% |
$0.02 | | | $25.05 | | | 13.47% | | | $196,023 | | | 0.85% | | | (0.84)% | | | —% |
$0.02 | | | $22.08 | | | −10.54% | | | $188,757 | | | 0.85% | | | (0.85)% | | | —% |
$0.01 | | | $24.68 | | | 8.58% | | | $56,141 | | | 0.85% | | | (0.85)% | | | —% |
$0.02 | | | $22.73 | | | −2.04% | | | $69,883 | | | 0.86% | | | (0.86)% | | | —% |
|
$0.01 | | | $25.03 | | | −0.31%(f) | | | $23,783 | | | 0.85% | | | (0.83)% | | | —%(f) |
|
$0.02 | | | $25.89 | | | 3.02%(f) | | | $12,945 | | | 0.85% | | | (0.85)% | | | —%(f) |
|
$0.01 | | | $25.62 | | | 3.19%(f) | | | $8,968 | | | 0.85% | | | (0.84)% | | | —%(f) |
|
$0.02 | | | $29.32 | | | 17.50% | | | $4,397 | | | 0.85% | | | (0.84)% | | | —% |
$— | | | $24.94 | | | — | | | $1,247 | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator International Developed Power Buffer ETF - October |
10/31/2024 | | | $25.77 | | | $(0.24) | | | $3.97 | | | $3.73 | | | $— | | | $— | | | $— | | | $— |
10/31/2023 | | | $22.20 | | | (0.21) | | | 3.77 | | | 3.56 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $25.40 | | | (0.20) | | | (3.05) | | | (3.25) | | | — | | | — | | | — | | | — |
10/31/2021(l) | | | $24.97 | | | (0.02) | | | 0.45 | | | 0.43 | | | — | | | — | | | — | | | — |
Innovator International Developed Power Buffer ETF - September |
10/31/2024 | | | $24.03 | | | (0.23) | | | 4.10 | | | 3.87 | | | — | | | — | | | — | | | — |
10/31/2023(cc) | | | $24.97 | | | (0.03) | | | (0.93) | | | (0.96) | | | — | | | — | | | — | | | — |
Innovator Nasdaq-100 10 Buffer ETF - Quarterly |
10/31/2024(h) | | | $24.87 | | | (0.07) | | | 0.49 | | | 0.42 | | | — | | | — | | | — | | | — |
Innovator Premium Income 10 Barrier ETF - April |
10/31/2024 | | | $24.64 | | | 1.04 | | | 1.14 | | | 2.18 | | | (1.51) | | | (0.58) | | | — | | | (2.09) |
10/31/2023(dd) | | | $24.46 | | | 0.61 | | | 0.69 | | | 1.30 | | | (0.68) | | | (0.32) | | | (0.14) | | | (1.14) |
Innovator Premium Income 10 Barrier ETF - January |
10/31/2024(r) | | | $24.58 | | | 0.86 | | | 0.89 | | | 1.75 | | | (1.08) | | | (0.39) | | | — | | | (1.47) |
Innovator Premium Income 10 Barrier ETF - July |
10/31/2024 | | | $24.25 | | | 1.10 | | | 1.62 | | | 2.72 | | | (1.68) | | | (0.35) | | | — | | | (2.03) |
10/31/2023(ee) | | | $24.73 | | | 0.40 | | | (0.38) | | | 0.02 | | | (0.32) | | | — | | | (0.20) | | | (0.52) |
Innovator Premium Income 10 Barrier ETF - October |
10/31/2024 | | | $23.79 | | | 1.09 | | | 1.09 | | | 2.18 | | | (1.46) | | | (0.53) | | | (0.19) | | | (2.18) |
10/31/2023(ff) | | | $23.82 | | | 0.09 | | | (0.15) | | | (0.06) | | | — | | | — | | | — | | | — |
Innovator Premium Income 15 Buffer ETF - April |
10/31/2024(q) | | | $24.92 | | | 0.64 | | | 0.27 | | | 0.91 | | | (0.61) | | | — | | | (0.21) | | | (0.82) |
Innovator Premium Income 15 Buffer ETF - January |
10/31/2024(r) | | | $24.48 | | | 0.84 | | | 0.39 | | | 1.23 | | | (0.82) | | | — | | | (0.32) | | | (1.14) |
Innovator Premium Income 15 Buffer ETF - July |
10/31/2024(h) | | | $23.76 | | | 0.34 | | | 0.17 | | | 0.51 | | | (0.32) | | | — | | | (0.12) | | | (0.44) |
Innovator Premium Income 15 Buffer ETF - October |
10/31/2024 | | | $23.68 | | | 1.04 | | | 0.47 | | | 1.51 | | | (1.02) | | | — | | | (0.53) | | | (1.55) |
10/31/2023(ff) | | | $23.73 | | | 0.09 | | | (0.03) | | | 0.06 | | | (0.06) | | | — | | | (0.07) | | | (0.13) |
Innovator Premium Income 20 Barrier ETF - April |
10/31/2024 | | | $24.71 | | | 1.02 | | | 0.76 | | | 1.78 | | | (1.28) | | | (0.42) | | | (0.08) | | | (1.78) |
10/31/2023(dd) | | | $24.46 | | | 0.59 | | | 0.61 | | | 1.20 | | | (0.79) | | | (0.18) | | | — | | | (0.97) |
Innovator Premium Income 20 Barrier ETF - January |
10/31/2024(r) | | | $24.58 | | | 0.86 | | | 0.60 | | | 1.46 | | | (1.01) | | | (0.23) | | | — | | | (1.24) |
Innovator Premium Income 20 Barrier ETF - July |
10/31/2024 | | | $24.56 | | | 1.12 | | | 1.04 | | | 2.16 | | | (1.45) | | | (0.33) | | | — | | | (1.78) |
10/31/2023(ee) | | | $24.72 | | | 0.39 | | | (0.11) | | | 0.28 | | | (0.30) | | | — | | | (0.16) | | | (0.46) |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $29.51 | | | 14.50% | | | $121,710 | | | 0.85% | | | (0.84)% | | | —% |
$0.01 | | | $25.77 | | | 16.07% | | | $105,653 | | | 0.85% | | | (0.84)% | | | —% |
$0.05 | | | $22.20 | | | −12.60% | | | $94,355 | | | 0.85% | | | (0.85)% | | | —% |
$—(k) | | | $25.40 | | | 1.72%(f) | | | $9,525 | | | 0.85% | | | (0.85)% | | | —%(f) |
|
$0.01 | | | $27.91 | | | 16.13% | | | $67,676 | | | 0.85% | | | (0.84)% | | | —% |
$0.02 | | | $24.03 | | | −3.76%(f) | | | $36,047 | | | 0.85% | | | (0.85)% | | | —%(f) |
|
$0.05 | | | $25.34 | | | 1.91%(f) | | | $80,453 | | | 0.79% | | | (0.78)% | | | —%(f) |
|
$0.01 | | | $24.74 | | | 9.16% | | | $9,276 | | | 0.79% | | | 4.19% | | | —% |
$0.02 | | | $24.64 | | | 5.44%(f) | | | $8,008 | | | 0.79% | | | 4.27% | | | —%(f) |
|
$0.02 | | | $24.88 | | | 7.32%(f) | | | $4,354 | | | 0.79% | | | 4.11% | | | —%(f) |
|
$0.03 | | | $24.97 | | | 11.60% | | | $4,994 | | | 0.79% | | | 4.38% | | | —% |
$0.02 | | | $24.25 | | | 0.17%(f) | | | $4,851 | | | 0.79% | | | 4.94% | | | —%(f) |
|
$0.01 | | | $23.80 | | | 9.44% | | | $4,761 | | | 0.79% | | | 4.45% | | | —% |
$0.03 | | | $23.79 | | | −0.14%(f) | | | $2,973 | | | 0.79% | | | 4.96% | | | —%(f) |
|
$0.01 | | | $25.02 | | | 3.73%(f) | | | $3,752 | | | 0.79% | | | 4.36% | | | —%(f) |
|
$0.02 | | | $24.59 | | | 5.21%(f) | | | $8,607 | | | 0.79% | | | 4.06% | | | —%(f) |
|
$0.01 | | | $23.84 | | | 2.16%(f) | | | $2,384 | | | 0.79% | | | 4.26% | | | —%(f) |
|
$0.01 | | | $23.65 | | | 6.60% | | | $18,332 | | | 0.79% | | | 4.35% | | | —% |
$0.02 | | | $23.68 | | | 0.32%(f) | | | $7,103 | | | 0.79% | | | 4.97% | | | —%(f) |
|
$—(k) | | | $24.71 | | | 7.43% | | | $27,802 | | | 0.79% | | | 4.12% | | | —% |
$0.02 | | | $24.71 | | | 5.04%(f) | | | $26,563 | | | 0.79% | | | 4.10% | | | —%(f) |
|
$0.02 | | | $24.82 | | | 6.11%(f) | | | $9,307 | | | 0.79% | | | 4.13% | | | —%(f) |
|
$—(k) | | | $24.94 | | | 8.99% | | | $20,574 | | | 0.79% | | | 4.46% | | | —% |
$0.02 | | | $24.56 | | | 1.20%(f) | | | $25,172 | | | 0.79% | | | 4.86% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator Premium Income 20 Barrier ETF - October |
10/31/2024 | | | $23.83 | | | $1.08 | | | $0.74 | | | $1.82 | | | $(1.37) | | | $(0.37) | | | $(0.13) | | | $(1.87) |
10/31/2023(ff) | | | $23.82 | | | 0.09 | | | (0.10) | | | (0.01) | | | — | | | — | | | — | | | — |
Innovator Premium Income 30 Barrier ETF - April |
10/31/2024 | | | $24.69 | | | 1.01 | | | 0.50 | | | 1.51 | | | (1.16) | | | (0.32) | | | (0.02) | | | (1.50) |
10/31/2023(dd) | | | $24.46 | | | 0.58 | | | 0.43 | | | 1.01 | | | (0.66) | | | (0.14) | | | — | | | (0.80) |
Innovator Premium Income 30 Barrier ETF - January |
10/31/2024(r) | | | $24.58 | | | 0.85 | | | 0.35 | | | 1.20 | | | (0.89) | | | (0.14) | | | — | | | (1.03) |
Innovator Premium Income 30 Barrier ETF - July |
10/31/2024 | | | $24.77 | | | 1.11 | | | 0.60 | | | 1.71 | | | (1.32) | | | (0.22) | | | — | | | (1.54) |
10/31/2023(ee) | | | $24.73 | | | 0.39 | | | 0.02 | | | 0.41 | | | (0.34) | | | — | | | (0.06) | | | (0.40) |
Innovator Premium Income 30 Barrier ETF - October |
10/31/2024 | | | $23.86 | | | 1.08 | | | 0.44 | | | 1.52 | | | (1.30) | | | (0.25) | | | (0.03) | | | (1.58) |
10/31/2023(ff) | | | $23.82 | | | 0.09 | | | (0.08) | | | 0.01 | | | — | | | — | | | — | | | — |
Innovator Premium Income 40 Barrier ETF - April |
10/31/2024 | | | $24.63 | | | 0.98 | | | 0.35 | | | 1.33 | | | (1.05) | | | (0.12) | | | (0.13) | | | (1.30) |
10/31/2023(dd) | | | $24.46 | | | 0.56 | | | 0.25 | | | 0.81 | | | (0.62) | | | (0.05) | | | — | | | (0.67) |
Innovator Premium Income 40 Barrier ETF - January |
10/31/2024(r) | | | $24.58 | | | 0.87 | | | 0.14 | | | 1.01 | | | (0.88) | | | (0.02) | | | — | | | (0.90) |
Innovator Premium Income 40 Barrier ETF - July |
10/31/2024 | | | $24.83 | | | 1.10 | | | 0.37 | | | 1.47 | | | (1.19) | | | (0.18) | | | (0.00)(k) | | | (1.37) |
10/31/2023(ee) | | | $24.73 | | | 0.39 | | | 0.03 | | | 0.42 | | | (0.35) | | | (0.00)(k) | | | — | | | (0.35) |
Innovator Premium Income 40 Barrier ETF - October |
10/31/2024 | | | $23.86 | | | 1.06 | | | 0.23 | | | 1.29 | | | (1.19) | | | (0.10) | | | (0.08) | | | (1.37) |
10/31/2023(ff) | | | $23.82 | | | 0.09 | | | (0.08) | | | 0.01 | | | — | | | — | | | — | | | — |
Innovator Premium Income 9 Buffer ETF - April |
10/31/2024(q) | | | $24.92 | | | 0.65 | | | 0.36 | | | 1.01 | | | (0.61) | | | — | | | (0.32) | | | (0.93) |
Innovator Premium Income 9 Buffer ETF - January |
10/31/2024(r) | | | $24.48 | | | 0.84 | | | 0.60 | | | 1.44 | | | (0.81) | | | — | | | (0.53) | | | (1.34) |
Innovator Premium Income 9 Buffer ETF - July |
10/31/2024(h) | | | $23.76 | | | 0.35 | | | 0.19 | | | 0.54 | | | (0.36) | | | — | | | (0.14) | | | (0.50) |
Innovator Premium Income 9 Buffer ETF - October |
10/31/2024 | | | $23.63 | | | 1.04 | | | 0.75 | | | 1.79 | | | (1.02) | | | — | | | (0.76) | | | (1.78) |
10/31/2023(ff) | | | $23.74 | | | 0.09 | | | (0.07) | | | 0.02 | | | (0.06) | | | — | | | (0.09) | | | (0.15) |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $23.79 | | | 7.83% | | | $19,630 | | | 0.79% | | | 4.44% | | | —% |
$0.02 | | | $23.83 | | | 0.04%(f) | | | $10,724 | | | 0.79% | | | 5.08% | | | —%(f) |
|
$—(k) | | | $24.70 | | | 6.30% | | | $38,287 | | | 0.79% | | | 4.08% | | | —% |
$0.02 | | | $24.69 | | | 4.23%(f) | | | $48,754 | | | 0.79% | | | 4.08% | | | —%(f) |
|
$0.03 | | | $24.78 | | | 5.10%(f) | | | $22,303 | | | 0.79% | | | 4.10% | | | —%(f) |
|
$—(k) | | | $24.94 | | | 7.07% | | | $23,695 | | | 0.79% | | | 4.44% | | | —% |
$0.03 | | | $24.77 | | | 1.79%(f) | | | $28,487 | | | 0.79% | | | 4.77% | | | —%(f) |
|
$0.01 | | | $23.81 | | | 6.53% | | | $21,430 | | | 0.79% | | | 4.46% | | | —% |
$0.03 | | | $23.86 | | | 0.17%(f) | | | $13,720 | | | 0.79% | | | 5.06% | | | —%(f) |
|
$0.01 | | | $24.67 | | | 5.55% | | | $19,120 | | | 0.79% | | | 3.97% | | | —% |
$0.03 | | | $24.63 | | | 3.49%(f) | | | $33,252 | | | 0.79% | | | 3.98% | | | —%(f) |
|
$0.07 | | | $24.76 | | | 4.43%(f) | | | $4,952 | | | 0.79% | | | 4.20% | | | —%(f) |
|
$0.01 | | | $24.94 | | | 6.09% | | | $8,104 | | | 0.79% | | | 4.40% | | | —% |
$0.03 | | | $24.83 | | | 1.82%(f) | | | $8,068 | | | 0.79% | | | 4.77% | | | —%(f) |
|
$0.02 | | | $23.80 | | | 5.60% | | | $12,495 | | | 0.79% | | | 4.39% | | | —% |
$0.03 | | | $23.86 | | | 0.17%(f) | | | $6,562 | | | 0.79% | | | 4.90% | | | —%(f) |
|
$0.01 | | | $25.01 | | | 4.17%(f) | | | $1,876 | | | 0.79% | | | 4.38% | | | —%(f) |
|
$0.01 | | | $24.59 | | | 6.05%(f) | | | $9,835 | | | 0.79% | | | 4.07% | | | —%(f) |
|
$0.02 | | | $23.82 | | | 2.32%(f) | | | $1,191 | | | 0.79% | | | 4.31% | | | —%(f) |
|
$0.01 | | | $23.65 | | | 7.76% | | | $15,369 | | | 0.79% | | | 4.32% | | | —% |
$0.02 | | | $23.63 | | | 0.18%(f) | | | $2,363 | | | 0.79% | | | 5.14% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator U.S. Equity 10 Buffer ETF - Quarterly |
10/31/2024 | | | $25.53 | | | $(0.19) | | | $3.86 | | | $3.67 | | | $ — | | | $ — | | | $ — | | | $ — |
10/31/2023(ff) | | | $25.61 | | | (0.01) | | | (0.09) | | | (0.10) | | | — | | | — | | | — | | | — |
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly |
10/31/2024 | | | $25.23 | | | (0.20) | | | 6.42 | | | 6.22 | | | — | | | — | | | — | | | — |
10/31/2023(ff) | | | $25.61 | | | (0.01) | | | (0.39) | | | (0.40) | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated 9 Buffer ETF - April |
10/31/2024 | | | $28.67 | | | (0.25) | | | 4.91 | | | 4.66 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $25.30 | | | (0.22) | | | 3.57 | | | 3.35 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.09 | | | (0.21) | | | (1.59) | | | (1.80) | | | — | | | — | | | — | | | — |
10/31/2021(gg) | | | $25.37 | | | (0.12) | | | 1.83 | | | 1.71 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated 9 Buffer ETF - January |
10/31/2024 | | | $24.69 | | | (0.21) | | | 3.92 | | | 3.71 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $22.00 | | | (0.19) | | | 2.87 | | | 2.68 | | | — | | | — | | | — | | | — |
10/31/2022(t) | | | $24.70 | | | (0.15) | | | (2.57) | | | (2.72) | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated 9 Buffer ETF - July |
10/31/2024 | | | $28.10 | | | (0.25) | | | 5.56 | | | 5.31 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $25.28 | | | (0.22) | | | 3.02 | | | 2.80 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $26.49 | | | (0.20) | | | (1.04) | | | (1.24) | | | — | | | — | | | — | | | — |
10/31/2021(g) | | | $25.68 | | | (0.07) | | | 0.87 | | | 0.80 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated 9 Buffer ETF - October |
10/31/2024 | | | $25.93 | | | (0.22) | | | 3.87 | | | 3.65 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $22.82 | | | (0.19) | | | 3.29 | | | 3.10 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $24.77 | | | (0.19) | | | (1.80) | | | (1.99) | | | — | | | — | | | — | | | — |
10/31/2021(l) | | | $24.04 | | | (0.02) | | | 0.74 | | | 0.72 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated ETF - April |
10/31/2024 | | | $27.79 | | | (0.25) | | | 6.87 | | | 6.62 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $25.04 | | | (0.21) | | | 2.95 | | | 2.74 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $28.38 | | | (0.21) | | | (3.13) | | | (3.34) | | | — | | | — | | | — | | | — |
10/31/2021(gg) | | | $25.37 | | | (0.13) | | | 3.13 | | | 3.00 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated ETF - January |
10/31/2024 | | | $22.84 | | | (0.20) | | | 5.35 | | | 5.15 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $19.87 | | | (0.17) | | | 3.13 | | | 2.96 | | | — | | | — | | | — | | | — |
10/31/2022(t) | | | $24.71 | | | (0.14) | | | (4.71) | | | (4.85) | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated ETF - July |
10/31/2024 | | | $26.54 | | | (0.24) | | | 7.46 | | | 7.22 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $23.15 | | | (0.20) | | | 3.57 | | | 3.37 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.23 | | | (0.20) | | | (3.89) | | | (4.09) | | | — | | | — | | | — | | | — |
10/31/2021(g) | | | $25.69 | | | (0.07) | | | 1.61 | | | 1.54 | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.03 | | | $29.23 | | | 14.46% | | | $256,458 | | | 0.69% | | | (0.68)% | | | —% |
$0.02 | | | $25.53 | | | −0.30%(f) | | | $24,896 | | | 0.69% | | | (0.68)% | | | —%(f) |
|
$0.03 | | | $31.48 | | | 24.78% | | | $102,316 | | | 0.69% | | | (0.68)% | | | —% |
$0.02 | | | $25.23 | | | −1.49%(f) | | | $12,615 | | | 0.69% | | | (0.68)% | | | —%(f) |
|
$0.01 | | | $33.34 | | | 16.31% | | | $86,696 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $28.67 | | | 13.33% | | | $73,825 | | | 0.79% | | | (0.77)% | | | —% |
$0.01 | | | $25.30 | | | −6.61% | | | $19,606 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $27.09 | | | 6.77%(f) | | | $19,639 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$—(k) | | | $28.40 | | | 15.01% | | | $86,616 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $24.69 | | | 12.24% | | | $71,609 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $22.00 | | | −10.93%(f) | | | $14,300 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $33.42 | | | 18.93% | | | $150,392 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $28.10 | | | 11.14% | | | $78,681 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $25.28 | | | −4.56% | | | $32,237 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $26.49 | | | 3.16%(f) | | | $10,597 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$—(k) | | | $29.58 | | | 14.08% | | | $66,560 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $25.93 | | | 13.62% | | | $55,106 | | | 0.79% | | | (0.78)% | | | —% |
$0.04 | | | $22.82 | | | −7.85% | | | $35,948 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $24.77 | | | 3.03%(f) | | | $4,334 | | | 0.79% | | | (0.82)% | | | —%(f) |
|
$0.01 | | | $34.42 | | | 23.84% | | | $7,744 | | | 0.79% | | | (0.76)% | | | —% |
$0.01 | | | $27.79 | | | 11.01% | | | $5,558 | | | 0.79% | | | (0.77)% | | | —% |
$—(k) | | | $25.04 | | | −11.78% | | | $3,755 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $28.38 | | | 11.86%(f) | | | $7,804 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $28.00 | | | 22.59% | | | $9,801 | | | 0.79% | | | (0.77)% | | | —% |
$0.01 | | | $22.84 | | | 14.97% | | | $5,139 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $19.87 | | | −19.60%(f) | | | $3,974 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $33.77 | | | 27.24% | | | $10,976 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $26.54 | | | 14.65% | | | $8,626 | | | 0.79% | | | (0.74)% | | | —% |
$0.01 | | | $23.15 | | | −14.97% | | | $3,472 | | | 0.79% | | | (0.78)% | | | —% |
$—(k) | | | $27.23 | | | 5.98%(f) | | | $3,403 | | | 0.79% | | | (0.79)% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator U.S. Equity Accelerated ETF - October |
10/31/2024 | | | $24.68 | | | $(0.22) | | | $4.99 | | | $4.77 | | | $ — | | | $ — | | | $ — | | | $ — |
10/31/2023 | | | $20.96 | | | (0.18) | | | 3.90 | | | 3.72 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $25.28 | | | (0.17) | | | (4.20) | | | (4.37) | | | — | | | — | | | — | | | — |
10/31/2021(l) | | | $24.05 | | | (0.02) | | | 1.25 | | | 1.23 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated ETF - Quarterly |
10/31/2024 | | | $27.09 | | | (0.25) | | | 8.05 | | | 7.80 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $22.88 | | | (0.21) | | | 4.39 | | | 4.18 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $28.25 | | | (0.20) | | | (5.19) | | | (5.39) | | | — | | | — | | | — | | | — |
10/31/2021(gg) | | | $25.37 | | | (0.13) | | | 3.00 | | | 2.87 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated Plus ETF - April |
10/31/2024 | | | $27.75 | | | (0.24) | | | 6.10 | | | 5.86 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $24.90 | | | (0.21) | | | 3.04 | | | 2.83 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $28.19 | | | (0.22) | | | (3.10) | | | (3.32) | | | — | | | — | | | — | | | — |
10/31/2021(gg) | | | $25.37 | | | (0.13) | | | 2.94 | | | 2.81 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated Plus ETF - January |
10/31/2024 | | | $23.00 | | | (0.20) | | | 4.51 | | | 4.31 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $19.87 | | | (0.17) | | | 3.29 | | | 3.12 | | | — | | | — | | | — | | | — |
10/31/2022(t) | | | $24.71 | | | (0.14) | | | (4.72) | | | (4.86) | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated Plus ETF - July |
10/31/2024 | | | $26.19 | | | (0.24) | | | 6.81 | | | 6.57 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $23.10 | | | (0.20) | | | 3.28 | | | 3.08 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.11 | | | (0.19) | | | (3.84) | | | (4.03) | | | — | | | — | | | — | | | — |
10/31/2021(g) | | | $25.68 | | | (0.07) | | | 1.49 | | | 1.42 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Accelerated Plus ETF - October |
10/31/2024 | | | $24.24 | | | (0.21) | | | 4.56 | | | 4.35 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $20.84 | | | (0.18) | | | 3.58 | | | 3.40 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $25.30 | | | (0.18) | | | (4.31) | | | (4.49) | | | — | | | — | | | — | | | — |
10/31/2021(l) | | | $24.05 | | | (0.02) | | | 1.27 | | | 1.25 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Buffer ETF - April |
10/31/2024 | | | $34.42 | | | (0.31) | | | 9.02 | | | 8.71 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.83 | | | (0.26) | | | 3.84 | | | 3.58 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $32.79 | | | (0.25) | | | (1.73) | | | (1.98) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $28.41 | | | (0.25) | | | 4.61 | | | 4.36 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $26.64 | | | (0.22) | | | 1.95 | | | 1.73 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Buffer ETF - August |
10/31/2024 | | | $32.51 | | | (0.30) | | | 10.32 | | | 10.02 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.00 | | | (0.25) | | | 2.74 | | | 2.49 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $32.65 | | | (0.25) | | | (2.43) | | | (2.68) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.49 | | | (0.24) | | | 5.38 | | | 5.14 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.53 | | | (0.21) | | | 2.15 | | | 1.94 | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $29.46 | | | 19.38% | | | $5,156 | | | 0.79% | | | (0.77)% | | | —% |
$—(k) | | | $24.68 | | | 17.76% | | | $3,702 | | | 0.79% | | | (0.78)% | | | —% |
$0.05 | | | $20.96 | | | −17.10% | | | $35,627 | | | 0.79% | | | (0.79)% | | | —% |
$—(k) | | | $25.28 | | | 5.11%(f) | | | $1,896 | | | 0.79% | | | (0.85)% | | | —%(f) |
|
$0.01 | | | $34.90 | | | 28.82% | | | $51,474 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $27.09 | | | 18.40% | | | $76,528 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $22.88 | | | −19.02% | | | $11,440 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $28.25 | | | 11.37%(f) | | | $13,421 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $33.62 | | | 21.15% | | | $10,925 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $27.75 | | | 11.44% | | | $10,405 | | | 0.79% | | | (0.77)% | | | —% |
$0.03 | | | $24.90 | | | −11.67% | | | $3,735 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $28.19 | | | 11.11%(f) | | | $8,457 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $27.32 | | | 18.78% | | | $17,074 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $23.00 | | | 15.75% | | | $18,399 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $19.87 | | | −19.59%(f) | | | $4,967 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $32.77 | | | 25.14% | | | $11,470 | | | 0.79% | | | (0.77)% | | | —% |
$0.01 | | | $26.19 | | | 13.38% | | | $15,712 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $23.10 | | | −14.80% | | | $12,703 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $27.11 | | | 5.56%(f) | | | $9,488 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $28.60 | | | 18.02% | | | $14,302 | | | 0.79% | | | (0.78)% | | | —% |
$—(k) | | | $24.24 | | | 16.31% | | | $12,724 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $20.84 | | | −17.63% | | | $15,108 | | | 0.79% | | | (0.79)% | | | —% |
$— | | | $25.30 | | | 5.20%(f) | | | $2,530 | | | 0.79% | | | (0.83)% | | | —%(f) |
|
$0.02 | | | $43.15 | | | 25.38% | | | $261,064 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $34.42 | | | 11.65% | | | $151,433 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $30.83 | | | −5.99% | | | $115,595 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $32.79 | | | 15.40% | | | $122,956 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $28.41 | | | 6.65% | | | $69,609 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.02 | | | $42.55 | | | 30.88% | | | $180,817 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $32.51 | | | 8.35% | | | $182,037 | | | 0.79% | | | (0.77)% | | | —% |
$0.03 | | | $30.00 | | | −8.13% | | | $102,754 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $32.65 | | | 18.81% | | | $86,535 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.49 | | | 7.68% | | | $48,099 | | | 0.79% | | | (0.79)% | | | —% |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - December |
10/31/2024 | | | $34.26 | | | $(0.31) | | | $9.32 | | | $9.01 | | | $ — | | | $— | | | $ — | | | $ — |
10/31/2023 | | | $31.67 | | | (0.27) | | | 2.84 | | | 2.57 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $34.04 | | | (0.26) | | | (2.14) | | | (2.40) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.73 | | | (0.25) | | | 6.53 | | | 6.28 | | | — | | | — | | | — | | | — |
10/31/2020(hh) | | | $26.40 | | | (0.19) | | | 1.47 | | | 1.28 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Buffer ETF - February |
10/31/2024 | | | $32.76 | | | (0.30) | | | 9.49 | | | 9.19 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $29.62 | | | (0.25) | | | 3.38 | | | 3.13 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $31.63 | | | (0.24) | | | (1.79) | | | (2.03) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $25.09 | | | (0.23) | | | 6.75 | | | 6.52 | | | — | | | — | | | — | | | — |
10/31/2020(ii) | | | $24.52 | | | (0.14) | | | 0.69 | | | 0.55 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Buffer ETF - January |
10/31/2024 | | | $35.99 | | | (0.34) | | | 11.00 | | | 10.66 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $33.17 | | | (0.28) | | | 3.09 | | | 2.81 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $36.87 | | | (0.27) | | | (3.45) | | | (3.72) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $29.77 | | | (0.27) | | | 7.35 | | | 7.08 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $29.69 | | | (0.23) | | | 1.63 | | | 1.40 | | | — | | | (1.36) | | | — | | | — |
Innovator U.S. Equity Buffer ETF - July |
10/31/2024 | | | $33.91 | | | (0.31) | | | 9.87 | | | 9.56 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.83 | | | (0.26) | | | 3.32 | | | 3.06 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $32.69 | | | (0.25) | | | (1.65) | | | (1.90) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.94 | | | (0.25) | | | 4.97 | | | 4.72 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $26.55 | | | (0.21) | | | 1.56 | | | 1.35 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Buffer ETF - June |
10/31/2024 | | | $32.33 | | | (0.29) | | | 8.47 | | | 8.18 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.59 | | | (0.25) | | | 1.96 | | | 1.71 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $33.96 | | | (0.25) | | | (3.14) | | | (3.39) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $29.25 | | | (0.26) | | | 4.95 | | | 4.69 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $27.38 | | | (0.22) | | | 2.03 | | | 1.81 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Buffer ETF - March |
10/31/2024 | | | $35.73 | | | (0.33) | | | 9.47 | | | 9.14 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $31.93 | | | (0.27) | | | 4.06 | | | 3.79 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $34.06 | | | (0.26) | | | (1.88) | | | (2.14) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.92 | | | (0.25) | | | 6.37 | | | 6.12 | | | — | | | — | | | — | | | — |
10/31/2020(jj) | | | $26.01 | | | (0.14) | | | 2.03 | | | 1.89 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Buffer ETF - May |
10/31/2024 | | | $30.60 | | | (0.28) | | | 9.03 | | | 8.75 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $29.07 | | | (0.24) | | | 1.76 | | | 1.52 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $32.55 | | | (0.24) | | | (3.26) | | | (3.50) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.92 | | | (0.25) | | | 4.86 | | | 4.61 | | | — | | | — | | | — | | | — |
10/31/2020(kk) | | | $25.63 | | | (0.11) | | | 2.39 | | | 2.28 | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $43.28 | | | 26.32% | | | $125,504 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $34.26 | | | 8.18% | | | $95,930 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $31.67 | | | −6.97% | | | $103,722 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $34.04 | | | 22.76% | | | $57,874 | | | 0.79% | | | (0.79)% | | | —% |
$0.05 | | | $27.73 | | | 5.04%(f) | | | $24,958 | | | 0.79% | | | (0.79)% | | | 146%(f) |
|
$0.02 | | | $41.97 | | | 28.11% | | | $131,168 | | | 0.79% | | | (0.77)% | | | —% |
$0.01 | | | $32.76 | | | 10.62% | | | $99,929 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $29.62 | | | −6.37% | | | $68,860 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $31.63 | | | 26.08% | | | $86,203 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $25.09 | | | 2.32%(f) | | | $37,008 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $46.66 | | | 29.64% | | | $253,122 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $35.99 | | | 8.50% | | | $148,460 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $33.17 | | | −10.03% | | | $142,636 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $36.87 | | | 23.85% | | | $150,240 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $29.77 | | | 4.99% | | | $125,767 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $43.48 | | | 28.22% | | | $259,766 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $33.91 | | | 9.98% | | | $341,615 | | | 0.79% | | | (0.78)% | | | —% |
$0.04 | | | $30.83 | | | −5.69% | | | $170,341 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $32.69 | | | 17.53% | | | $183,066 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $27.94 | | | 5.24% | | | $67,755 | | | 0.79% | | | (0.79)% | | | 4% |
|
$0.01 | | | $40.52 | | | 25.33% | | | $150,937 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $32.33 | | | 5.69% | | | $101,031 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $30.59 | | | −9.93% | | | $76,474 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $33.96 | | | 16.12% | | | $81,509 | | | 0.79% | | | (0.79)% | | | —% |
$0.06 | | | $29.25 | | | 6.81% | | | $32,172 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.02 | | | $44.89 | | | 25.64% | | | $173,955 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $35.73 | | | 11.89% | | | $87,536 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $31.93 | | | −6.26% | | | $76,635 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $34.06 | | | 21.98% | | | $62,164 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.92 | | | 7.36%(f) | | | $23,735 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $39.36 | | | 28.62% | | | $130,879 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $30.60 | | | 5.29% | | | $110,940 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $29.07 | | | −10.70% | | | $175,858 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $32.55 | | | 16.58% | | | $82,190 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $27.92 | | | 8.94%(f) | | | $16,055 | | | 0.79% | | | (0.79)% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - November |
10/31/2024 | | | $31.97 | | | $(0.28) | | | $6.60 | | | $6.32 | | | $ — | | | $— | | | $ — | | | $— |
10/31/2023 | | | $29.74 | | | (0.25) | | | 2.47 | | | 2.22 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $32.21 | | | (0.24) | | | (2.25) | | | (2.49) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.31 | | | (0.24) | | | 5.12 | | | 4.88 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.53 | | | (0.20) | | | 1.92 | | | 1.72 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Buffer ETF - October |
10/31/2024 | | | $34.94 | | | (0.31) | | | 7.54 | | | 7.23 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $31.43 | | | (0.26) | | | 3.76 | | | 3.50 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $33.90 | | | (0.26) | | | (2.24) | | | (2.50) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.26 | | | (0.25) | | | 6.88 | | | 6.63 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.18 | | | (0.20) | | | 2.31 | | | 2.11 | | | — | | | (0.05) | | | — | | | (0.05) |
Innovator U.S. Equity Buffer ETF - September |
10/31/2024 | | | $33.14 | | | (0.30) | | | 9.06 | | | 8.76 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.33 | | | (0.25) | | | 3.05 | | | 2.80 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $32.66 | | | (0.25) | | | (2.10) | | | (2.35) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.40 | | | (0.24) | | | 6.47 | | | 6.23 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.31 | | | (0.21) | | | 1.59 | | | 1.38 | | | — | | | (0.36) | | | — | | | (0.36) |
Innovator U.S. Equity Power Buffer ETF - April |
10/31/2024 | | | $30.24 | | | (0.26) | | | 5.87 | | | 5.61 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $27.80 | | | (0.23) | | | 2.65 | | | 2.42 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.04 | | | (0.22) | | | (1.04) | | | (1.26) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.54 | | | (0.22) | | | 2.70 | | | 2.48 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $26.31 | | | (0.20) | | | 1.20 | | | 1.00 | | | — | | | (0.80) | | | — | | | (0.80) |
Innovator U.S. Equity Power Buffer ETF - August |
10/31/2024 | | | $30.69 | | | (0.27) | | | 7.31 | | | 7.04 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $28.21 | | | (0.23) | | | 2.69 | | | 2.46 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $30.00 | | | (0.23) | | | (1.58) | | | (1.81) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.86 | | | (0.23) | | | 3.35 | | | 3.12 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.45 | | | (0.21) | | | 1.93 | | | 1.72 | | | — | | | (0.34) | | | — | | | (0.34) |
Innovator U.S. Equity Power Buffer ETF - December |
10/31/2024 | | | $31.64 | | | (0.28) | | | 7.16 | | | 6.88 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.03 | | | (0.25) | | | 1.84 | | | 1.59 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $31.01 | | | (0.24) | | | (0.75) | | | (0.99) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.42 | | | (0.24) | | | 3.80 | | | 3.56 | | | — | | | — | | | — | | | — |
10/31/2020(hh) | | | $26.40 | | | (0.19) | | | 1.17 | | | 0.98 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Power Buffer ETF - February |
10/31/2024 | | | $30.02 | | | (0.27) | | | 6.35 | | | 6.08 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $27.84 | | | (0.23) | | | 2.40 | | | 2.17 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.01 | | | (0.22) | | | (0.97) | | | (1.19) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $25.03 | | | (0.22) | | | 4.18 | | | 3.96 | | | — | | | — | | | — | | | — |
10/31/2020(ii) | | | $24.52 | | | (0.14) | | | 0.63 | | | 0.49 | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $38.30 | | | 19.76% | | | $99,575 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $31.97 | | | 7.49% | | | $83,924 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $29.74 | | | −7.65% | | | $61,710 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $32.21 | | | 17.93% | | | $30,599 | | | 0.79% | | | (0.79)% | | | —% |
$0.06 | | | $27.31 | | | 7.00% | | | $15,023 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $42.18 | | | 20.71% | | | $233,052 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $34.94 | | | 11.18% | | | $171,230 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $31.43 | | | −7.29% | | | $226,302 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $33.90 | | | 24.34% | | | $111,875 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.26 | | | 8.51% | | | $73,613 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $41.91 | | | 26.47% | | | $202,198 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $33.14 | | | 9.26% | | | $178,109 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $30.33 | | | −7.13% | | | $166,049 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $32.66 | | | 23.68% | | | $156,749 | | | 0.79% | | | (0.79)% | | | —% |
$0.07 | | | $26.40 | | | 5.81% | | | $77,892 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $35.86 | | | 18.60% | | | $786,291 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $30.24 | | | 8.78% | | | $579,804 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $27.80 | | | −4.29% | | | $308,534 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $29.04 | | | 9.45% | | | $242,503 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $26.54 | | | 4.00% | | | $187,078 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $37.74 | | | 22.95% | | | $851,947 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $30.69 | | | 8.82% | | | $886,281 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $28.21 | | | −5.98% | | | $435,772 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $30.00 | | | 11.68% | | | $185,991 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $26.86 | | | 6.95% | | | $109,458 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $38.53 | | | 21.76% | | | $737,786 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $31.64 | | | 5.38% | | | $563,211 | | | 0.79% | | | (0.77)% | | | —% |
$0.01 | | | $30.03 | | | −3.16% | | | $207,929 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $31.01 | | | 13.10% | | | $108,520 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $27.42 | | | 3.85%(f) | | | $65,111 | | | 0.79% | | | (0.79)% | | | 141%(f) |
|
$0.01 | | | $36.11 | | | 20.29% | | | $644,565 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $30.02 | | | 7.84% | | | $442,802 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $27.84 | | | −4.02% | | | $239,416 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $29.01 | | | 15.90% | | | $170,407 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $25.03 | | | 2.06%(f) | | | $115,121 | | | 0.79% | | | (0.79)% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - January |
10/31/2024 | | | $34.25 | | | $(0.30) | | | $7.46 | | | $7.16 | | | $ — | | | $— | | | $ — | | | $— |
10/31/2023 | | | $31.17 | | | (0.26) | | | 3.33 | | | 3.07 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $33.10 | | | (0.25) | | | (1.70) | | | (1.95) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $29.08 | | | (0.25) | | | 4.25 | | | 4.00 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $28.13 | | | (0.22) | | | 1.14 | | | 0.92 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Power Buffer ETF - July |
10/31/2024 | | | $33.31 | | | (0.29) | | | 7.23 | | | 6.94 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $29.90 | | | (0.25) | | | 3.64 | | | 3.39 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $30.38 | | | (0.24) | | | (0.27) | | | (0.51) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.43 | | | (0.23) | | | 3.16 | | | 2.93 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $26.36 | | | (0.21) | | | 1.46 | | | 1.25 | | | — | | | (0.22) | | | — | | | (0.22) |
Innovator U.S. Equity Power Buffer ETF - June |
10/31/2024 | | | $31.04 | | | (0.27) | | | 6.00 | | | 5.73 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $29.69 | | | (0.24) | | | 1.58 | | | 1.34 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $31.87 | | | (0.24) | | | (1.96) | | | (2.20) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $28.88 | | | (0.24) | | | 3.20 | | | 2.96 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $26.74 | | | (0.22) | | | 2.30 | | | 2.08 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Power Buffer ETF - March |
10/31/2024 | | | $33.18 | | | (0.29) | | | 6.33 | | | 6.04 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.38 | | | (0.25) | | | 3.04 | | | 2.79 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $31.23 | | | (0.24) | | | (0.63) | | | (0.87) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.39 | | | (0.24) | | | 4.06 | | | 3.82 | | | — | | | — | | | — | | | — |
10/31/2020(jj) | | | $26.01 | | | (0.14) | | | 1.50 | | | 1.36 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Power Buffer ETF - May |
10/31/2024 | | | $29.19 | | | (0.26) | | | 6.28 | | | 6.02 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $28.02 | | | (0.23) | | | 1.38 | | | 1.15 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $30.23 | | | (0.23) | | | (2.00) | | | (2.23) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.34 | | | (0.23) | | | 3.10 | | | 2.87 | | | — | | | — | | | — | | | — |
10/31/2020(kk) | | | $25.63 | | | (0.11) | | | 1.80 | | | 1.69 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Power Buffer ETF - November |
10/31/2024 | | | $32.26 | | | (0.28) | | | 5.10 | | | 4.82 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.01 | | | (0.25) | | | 2.49 | | | 2.24 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $30.52 | | | (0.23) | | | (0.31) | | | (0.54) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.30 | | | (0.23) | | | 3.44 | | | 3.21 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.53 | | | (0.21) | | | 1.94 | | | 1.73 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Power Buffer ETF - October |
10/31/2024 | | | $33.60 | | | (0.29) | | | 5.42 | | | 5.13 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $29.72 | | | (0.25) | | | 4.12 | | | 3.87 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $30.04 | | | (0.23) | | | (0.13) | | | (0.36) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.02 | | | (0.23) | | | 4.23 | | | 4.00 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.16 | | | (0.20) | | | 1.60 | | | 1.40 | | | — | | | (0.56) | | | — | | | (0.56) |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $41.42 | | | 20.93% | | | $986,882 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $34.25 | | | 9.91% | | | $569,465 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $31.17 | | | −5.83% | | | $448,795 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $33.10 | | | 13.82% | | | $294,561 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $29.08 | | | 3.38% | | | $288,597 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $40.26 | | | 20.84% | | | $971,164 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $33.31 | | | 11.41% | | | $999,374 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $29.90 | | | −1.59% | | | $503,828 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $30.38 | | | 10.78% | | | $218,755 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $27.43 | | | 4.89% | | | $111,759 | | | 0.79% | | | (0.79)% | | | 15% |
|
$0.01 | | | $36.78 | | | 18.51% | | | $614,246 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $31.04 | | | 4.54% | | | $521,398 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $29.69 | | | −6.84% | | | $344,365 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $31.87 | | | 10.34% | | | $152,966 | | | 0.79% | | | (0.79)% | | | —% |
$0.06 | | | $28.88 | | | 8.00% | | | $94,588 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.02 | | | $39.24 | | | 18.26% | | | $557,182 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $33.18 | | | 9.24% | | | $377,427 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $30.38 | | | −2.72% | | | $226,295 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $31.23 | | | 14.01% | | | $117,875 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.39 | | | 5.30%(f) | | | $71,895 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $35.22 | | | 20.63% | | | $562,564 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $29.19 | | | 4.19% | | | $459,063 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $28.02 | | | −7.30% | | | $392,967 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $30.23 | | | 10.54% | | | $238,780 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.34 | | | 6.69%(f) | | | $65,626 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $37.09 | | | 14.97% | | | $669,557 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $32.26 | | | 7.50% | | | $623,382 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $30.01 | | | −1.67% | | | $317,389 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $30.52 | | | 11.80% | | | $79,343 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $27.30 | | | 6.94% | | | $38,217 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $38.74 | | | 15.29% | | | $847,371 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $33.60 | | | 13.04% | | | $725,754 | | | 0.79% | | | (0.78)% | | | —% |
$0.04 | | | $29.72 | | | −1.05% | | | $649,488 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $30.04 | | | 15.44% | | | $209,533 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $26.02 | | | 5.74% | | | $189,967 | | | 0.79% | | | (0.79)% | | | —% |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - September |
10/31/2024 | | | $32.04 | | | $(0.28) | | | $6.56 | | | $6.28 | | | $ — | | | $— | | | $ — | | | $— |
10/31/2023 | | | $29.10 | | | (0.24) | | | 3.17 | | | 2.93 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.97 | | | (0.23) | | | (0.67) | | | (0.90) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.01 | | | (0.23) | | | 4.17 | | | 3.94 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.15 | | | (0.21) | | | 1.01 | | | 0.80 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Ultra Buffer ETF - April |
10/31/2024 | | | $25.48 | | | (0.22) | | | 4.86 | | | 4.64 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $24.83 | | | (0.20) | | | 0.84 | | | 0.64 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $26.02 | | | (0.20) | | | (1.01) | | | (1.21) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $24.47 | | | (0.20) | | | 1.72 | | | 1.52 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $26.22 | | | (0.19) | | | (1.01) | | | (1.20) | | | — | | | (0.57) | | | — | | | (0.57) |
Innovator U.S. Equity Ultra Buffer ETF - August |
10/31/2024 | | | $28.30 | | | (0.25) | | | 6.80 | | | 6.55 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $26.13 | | | (0.21) | | | 2.34 | | | 2.13 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $28.99 | | | (0.22) | | | (2.68) | | | (2.90) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.87 | | | (0.22) | | | 2.32 | | | 2.10 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.45 | | | (0.21) | | | 1.81 | | | 1.60 | | | — | | | (0.21) | | | — | | | (0.21) |
Innovator U.S. Equity Ultra Buffer ETF - December |
10/31/2024 | | | $28.72 | | | (0.26) | | | 6.74 | | | 6.48 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $28.07 | | | (0.22) | | | 0.85 | | | 0.63 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.82 | | | (0.23) | | | (1.53) | | | (1.76) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.15 | | | (0.23) | | | 2.87 | | | 2.64 | | | — | | | — | | | — | | | — |
10/31/2020(hh) | | | $26.40 | | | (0.19) | | | 0.91 | | | 0.72 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Ultra Buffer ETF - February |
10/31/2024 | | | $27.10 | | | (0.24) | | | 5.77 | | | 5.53 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $26.35 | | | (0.21) | | | 0.95 | | | 0.74 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.80 | | | (0.21) | | | (1.25) | | | (1.46) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $24.91 | | | (0.21) | | | 3.08 | | | 2.87 | | | — | | | — | | | — | | | — |
10/31/2020(ii) | | | $24.52 | | | (0.14) | | | 0.50 | | | 0.36 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Ultra Buffer ETF - January |
10/31/2024 | | | $32.18 | | | (0.28) | | | 6.29 | | | 6.01 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $29.55 | | | (0.24) | | | 2.86 | | | 2.62 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $31.37 | | | (0.23) | | | (1.62) | | | (1.85) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $28.36 | | | (0.24) | | | 3.23 | | | 2.99 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $27.69 | | | (0.22) | | | 0.86 | | | 0.64 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Ultra Buffer ETF - July |
10/31/2024 | | | $27.87 | | | (0.24) | | | 6.13 | | | 5.89 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $25.62 | | | (0.21) | | | 2.44 | | | 2.23 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.37 | | | (0.21) | | | (1.56) | | | (1.77) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $25.54 | | | (0.21) | | | 2.02 | | | 1.81 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $26.31 | | | (0.20) | | | 1.01 | | | 0.81 | | | — | | | (1.62) | | | — | | | (1.62) |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $38.33 | | | 19.64% | | | $891,228 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $32.04 | | | 10.09% | | | $691,242 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $29.10 | | | −2.90% | | | $547,143 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $29.97 | | | 15.24% | | | $303,473 | | | 0.79% | | | (0.79)% | | | —% |
$0.06 | | | $26.01 | | | 3.40% | | | $287,388 | | | 0.79% | | | (0.79)% | | | 3% |
|
$0.01 | | | $30.13 | | | 18.28% | | | $146,896 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $25.48 | | | 2.62% | | | $95,533 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $24.83 | | | −4.59% | | | $122,886 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $26.02 | | | 6.31% | | | $57,242 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $24.47 | | | −4.59% | | | $30,594 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $34.86 | | | 23.17% | | | $232,707 | | | 0.79% | | | (0.77)% | | | —% |
$0.04 | | | $28.30 | | | 8.32% | | | $343,891 | | | 0.79% | | | (0.77)% | | | —% |
$0.04 | | | $26.13 | | | −9.87% | | | $82,308 | | | 0.79% | | | 0.79% | | | —% |
$0.02 | | | $28.99 | | | 7.89% | | | $46,383 | | | 0.79% | | | 0.79% | | | —% |
$0.03 | | | $26.87 | | | 6.46% | | | $45,679 | | | 0.79% | | | 0.79% | | | —% |
|
$0.01 | | | $35.21 | | | 22.58% | | | $71,303 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $28.72 | | | 2.34% | | | $69,658 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $28.07 | | | −5.88% | | | $46,311 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $29.82 | | | 9.85% | | | $32,059 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $27.15 | | | 2.84%(f) | | | $23,756 | | | 0.79% | | | (0.79)% | | | 160%(f) |
|
$0.01 | | | $32.64 | | | 20.44% | | | $56,304 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $27.10 | | | 2.85% | | | $49,458 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $26.35 | | | −5.21% | | | $53,358 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.80 | | | 11.61% | | | $26,409 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $24.91 | | | 1.58%(f) | | | $31,757 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $38.20 | | | 18.68% | | | $160,428 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $32.18 | | | 8.93% | | | $115,864 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $29.55 | | | −5.82% | | | $283,638 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $31.37 | | | 10.62% | | | $86,274 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $28.36 | | | 2.44% | | | $112,023 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.02 | | | $33.78 | | | 21.22% | | | $144,405 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $27.87 | | | 8.78% | | | $161,624 | | | 0.79% | | | (0.77)% | | | —% |
$0.02 | | | $25.62 | | | −6.41% | | | $73,650 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.37 | | | 7.18% | | | $52,689 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $25.54 | | | 3.37% | | | $39,583 | | | 0.79% | | | (0.79)% | | | 1% |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - June |
10/31/2024 | | | $27.97 | | | $(0.24) | | | $5.38 | | | $5.14 | | | $ — | | | $— | | | $ — | | | $— |
10/31/2023 | | | $26.87 | | | (0.22) | | | 1.31 | | | 1.09 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.18 | | | (0.21) | | | (2.13) | | | (2.34) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.24 | | | (0.23) | | | 2.14 | | | 1.91 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $26.65 | | | (0.21) | | | 1.74 | | | 1.53 | | | — | | | (1.02) | | | — | | | (1.02) |
Innovator U.S. Equity Ultra Buffer ETF - March |
10/31/2024 | | | $29.49 | | | (0.26) | | | 5.61 | | | 5.35 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $28.33 | | | (0.23) | | | 1.37 | | | 1.14 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.56 | | | (0.23) | | | (1.02) | | | (1.25) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.93 | | | (0.23) | | | 2.84 | | | 2.61 | | | — | | | — | | | — | | | — |
10/31/2020(jj) | | | $26.01 | | | (0.14) | | | 1.03 | | | 0.89 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Ultra Buffer ETF - May |
10/31/2024 | | | $27.34 | | | (0.24) | | | 5.85 | | | 5.61 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $26.33 | | | (0.21) | | | 1.21 | | | 1.00 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $28.52 | | | (0.21) | | | (2.01) | | | (2.22) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.67 | | | (0.22) | | | 2.05 | | | 1.83 | | | — | | | — | | | — | | | — |
10/31/2020(kk) | | | $25.63 | | | (0.11) | | | 1.14 | | | 1.03 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Ultra Buffer ETF - November |
10/31/2024 | | | $29.67 | | | (0.25) | | | 4.59 | | | 4.34 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $27.60 | | | (0.23) | | | 2.29 | | | 2.06 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $29.29 | | | (0.22) | | | (1.49) | | | (1.71) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $27.28 | | | (0.23) | | | 2.22 | | | 1.99 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.53 | | | (0.21) | | | 1.94 | | | 1.73 | | | — | | | — | | | — | | | — |
Innovator U.S. Equity Ultra Buffer ETF - October |
10/31/2024 | | | $30.16 | | | (0.26) | | | 4.75 | | | 4.49 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $26.96 | | | (0.22) | | | 3.41 | | | 3.19 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $28.23 | | | (0.22) | | | (1.07) | | | (1.29) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $25.70 | | | (0.22) | | | 2.74 | | | 2.52 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.05 | | | (0.20) | | | 1.41 | | | 1.21 | | | — | | | (0.58) | | | — | | | (0.58) |
Innovator U.S. Equity Ultra Buffer ETF - September |
10/31/2024 | | | $28.89 | | | (0.25) | | | 5.90 | | | 5.65 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $26.28 | | | (0.22) | | | 2.82 | | | 2.60 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $28.42 | | | (0.21) | | | (1.96) | | | (2.17) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $25.83 | | | (0.22) | | | 2.78 | | | 2.56 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $25.02 | | | (0.20) | | | 1.09 | | | 0.89 | | | — | | | (0.16) | | | — | | | (0.16) |
Innovator U.S. Small Cap 10 Buffer ETF - Quarterly |
10/31/2024(h) | | | $25.11 | | | (0.07) | | | 0.89 | | | 0.82 | | | — | | | — | | | — | | | — |
Innovator U.S. Small Cap Power Buffer ETF - April |
10/31/2024 | | | $25.76 | | | (0.23) | | | 6.74 | | | 6.51 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $25.52 | | | (0.21) | | | 0.44 | | | 0.23 | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.83 | | | (0.20) | | | (2.12) | | | (2.32) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.00 | | | (0.22) | | | 2.03 | | | 1.81 | | | — | | | — | | | — | | | — |
10/31/2020(u) | | | $23.05 | | | (0.12) | | | 3.05 | | | 2.93 | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
See footnote definitions on pages 404-405.
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.01 | | | $33.12 | | | 18.43% | | | $91,085 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $27.97 | | | 4.09% | | | $74,112 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $26.87 | | | −7.92% | | | $114,860 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $29.18 | | | 7.10% | | | $21,155 | | | 0.79% | | | (0.79)% | | | —% |
$0.08 | | | $27.24 | | | 6.26% | | | $14,984 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.02 | | | $34.86 | | | 18.21% | | | $81,911 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $29.49 | | | 4.09% | | | $44,967 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $28.33 | | | −4.15% | | | $69,406 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $29.56 | | | 9.76% | | | $33,251 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $26.93 | | | 3.53%(f) | | | $28,275 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $32.96 | | | 20.58% | | | $52,740 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $27.34 | | | 3.83% | | | $61,507 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $26.33 | | | −7.67% | | | $99,394 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $28.52 | | | 6.91% | | | $40,634 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $26.67 | | | 4.06%(f) | | | $10,669 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $34.02 | | | 14.64% | | | $39,122 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $29.67 | | | 7.48% | | | $30,408 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $27.60 | | | −5.76% | | | $53,126 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $29.29 | | | 7.36% | | | $10,982 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.28 | | | 6.88% | | | $8,867 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $34.66 | | | 14.94% | | | $162,058 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $30.16 | | | 11.88% | | | $103,295 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $26.96 | | | −4.52% | | | $113,221 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $28.23 | | | 9.85% | | | $62,818 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $25.70 | | | 5.00% | | | $105,376 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.02 | | | $34.56 | | | 19.62% | | | $163,286 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $28.89 | | | 9.93% | | | $89,556 | | | 0.79% | | | (0.78)% | | | —% |
$0.03 | | | $26.28 | | | −7.54% | | | $158,986 | | | 0.79% | | | (0.79)% | | | —% |
$0.03 | | | $28.42 | | | 10.03% | | | $67,502 | | | 0.79% | | | (0.79)% | | | —% |
$0.08 | | | $25.83 | | | 3.90% | | | $65,221 | | | 0.79% | | | (0.79)% | | | 35% |
|
$0.19 | | | $26.12 | | | 4.07%(f) | | | $115,598 | | | 0.79% | | | (0.77)% | | | —%(f) |
|
$0.01 | | | $32.28 | | | 25.33% | | | $179,969 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $25.76 | | | 0.93% | | | $152,606 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $25.52 | | | −8.29% | | | $84,855 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $27.83 | | | 7.04% | | | $84,876 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $26.00 | | | 12.79%(f) | | | $33,147 | | | 0.79% | | | (0.79)% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
Innovator U.S. Small Cap Power Buffer ETF - August |
10/31/2024(m) | | | $24.88 | | | $(0.05) | | | $(0.08) | | | $(0.13) | | | $ — | | | $— | | | $ — | | | $— |
Innovator U.S. Small Cap Power Buffer ETF - January |
10/31/2024 | | | $29.59 | | | (0.27) | | | 7.47 | | | 7.20 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $30.28 | | | (0.24) | | | (0.47) | | | (0.71) | | | — | | | — | | | — | | | — |
10/31/2022 | | | $31.76 | | | (0.24) | | | (1.26) | | | (1.50) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $26.18 | | | (0.24) | | | 5.78 | | | 5.54 | | | — | | | — | | | — | | | — |
10/31/2020(j) | | | $26.70 | | | (0.17) | | | (0.40) | | | (0.57) | | | — | | | — | | | — | | | — |
Innovator U.S. Small Cap Power Buffer ETF - July |
10/31/2024 | | | $24.12 | | | (0.21) | | | 5.03 | | | 4.82 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $24.48 | | | (0.19) | | | (0.19) | | | (0.38) | | | — | | | — | | | — | | | — |
10/31/2022 | | | $26.70 | | | (0.20) | | | (2.03) | | | (2.23) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $23.91 | | | (0.21) | | | 2.99 | | | 2.78 | | | — | | | — | | | — | | | — |
10/31/2020(v) | | | $23.07 | | | (0.06) | | | 0.89 | | | 0.83 | | | — | | | — | | | — | | | — |
Innovator U.S. Small Cap Power Buffer ETF - June |
10/31/2024(w) | | | $25.32 | | | (0.08) | | | 1.21 | | | 1.13 | | | — | | | — | | | — | | | — |
Innovator U.S. Small Cap Power Buffer ETF - November |
10/31/2024(n) | | | $25.07 | | | — | | | (0.01) | | | (0.01) | | | — | | | — | | | — | | | — |
Innovator U.S. Small Cap Power Buffer ETF - October |
10/31/2024 | | | $24.66 | | | (0.22) | | | 5.64 | | | 5.42 | | | — | | | — | | | — | | | — |
10/31/2023 | | | $25.37 | | | (0.20) | | | (0.52) | | | (0.72) | | | — | | | — | | | — | | | — |
10/31/2022 | | | $27.65 | | | (0.20) | | | (2.10) | | | (2.30) | | | — | | | — | | | — | | | — |
10/31/2021 | | | $24.08 | | | (0.21) | | | 3.77 | | | 3.56 | | | — | | | — | | | — | | | — |
10/31/2020 | | | $24.71 | | | (0.19) | | | (0.26) | | | (0.45) | | | — | | | (0.20) | | | — | | | (0.20) |
Innovator U.S. Small Cap Power Buffer ETF - September |
10/31/2024(p) | | | $25.33 | | | (0.03) | | | 0.01 | | | (0.02) | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | | |
(a)
| Net investment income per share has been calculated based on average shares outstanding during the year. |
(b)
| Realized and unrealized gains and losses per share in the caption are balancing amounts necessary to reconcile the change in net asset value per share for the years, and may not reconcile with the aggregate gains and losses in the Statement of Operations due to share transactions for the year. |
(c)
| Portfolio turnover rate excludes in-kind transactions. |
(d)
| Annualized for periods less than one year. |
(e)
| Inception date of the Fund was August 17, 2020. |
(f)
| Not annualized for periods less than one year. |
(g)
| Inception date of the Fund was June 30, 2021. |
(h)
| Inception date of the Fund was June 28, 2024. |
(i)
| Inception date of the Fund was March 31, 2021. |
(j)
| Inception date of the Fund was December 31, 2019. |
(k)
| Amount represents less than $0.005 per share. |
(l)
| Inception date of the Fund was September 30, 2021. |
(m)
| Inception date of the Fund was July 31, 2024. |
(n)
| Inception date of the Fund was October 31, 2024. |
(o)
| Inception date of the Fund was September 30, 2024. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
FINANCIAL HIGHLIGHTS(Continued)
| | | | | | | | | | |
|
$0.04 | | | $24.79 | | | −0.34%(f) | | | $68,791 | | | 0.79% | | | (0.78)% | | | —%(f) |
|
$0.02 | | | $36.81 | | | 24.40% | | | $401,272 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $29.59 | | | −2.28% | | | $140,565 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $30.28 | | | −4.65% | | | $79,491 | | | 0.79% | | | (0.79)% | | | —% |
$0.04 | | | $31.76 | | | 21.31% | | | $84,958 | | | 0.79% | | | (0.79)% | | | —% |
$0.05 | | | $26.18 | | | −1.95%(f) | | | $165,588 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$—(k) | | | $28.94 | | | 19.95% | | | $154,808 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $24.12 | | | −1.45% | | | $183,345 | | | 0.79% | | | (0.77)% | | | —% |
$0.01 | | | $24.48 | | | −8.30% | | | $78,335 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $26.70 | | | 11.64% | | | $74,083 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $23.91 | | | 3.66%(f) | | | $23,316 | | | 0.79% | | | (0.79)% | | | —%(f) |
|
$0.01 | | | $26.46 | | | 4.53%(f) | | | $10,583 | | | 0.79% | | | (0.77)% | | | —%(f) |
|
$— | | | $25.06 | | | —% | | | $1,253 | | | —% | | | —% | | | —% |
|
$0.01 | | | $30.09 | | | 22.01% | | | $148,209 | | | 0.79% | | | (0.78)% | | | —% |
$0.01 | | | $24.66 | | | −2.77% | | | $65,979 | | | 0.79% | | | (0.78)% | | | —% |
$0.02 | | | $25.37 | | | −8.24% | | | $72,937 | | | 0.79% | | | (0.79)% | | | —% |
$0.01 | | | $27.65 | | | 14.79% | | | $36,632 | | | 0.79% | | | (0.79)% | | | —% |
$0.02 | | | $24.08 | | | −1.73% | | | $48,170 | | | 0.79% | | | (0.79)% | | | —% |
|
$0.01 | | | $25.32 | | | −0.02%(f) | | | $18,988 | | | 0.79% | | | (0.75)% | | | —%(f) |
| | | | | | | | | | | | | | | | | | | |
(p)
| Inception date of the Fund was August 30, 2024. |
(q)
| Inception date of the Fund was March 28, 2024. |
(r)
| Inception date of the Fund was December 29, 2023. |
(s)
| Inception date of the Fund was July 17, 2023. |
(t)
| Inception date of the Fund was December 31, 2021. |
(u)
| Inception date of the Fund was March 31, 2020. |
(v)
| Inception date of the Fund was June 30, 2020. |
(w)
| Inception date of the Fund was May 31, 2024. |
(x)
| Inception date of the Fund was November 30, 2023. |
(y)
| Inception date of the Fund was January 31, 2024. |
(z)
| Inception date of the Fund was February 29, 2024. |
(aa)
| Inception date of the Fund was April 30, 2024. |
(bb)
| Inception date of the Fund was October 31, 2023. |
(cc)
| Inception date of the Fund was August 31, 2023. |
(dd)
| Inception date of the Fund was March 31, 2023. |
(ee)
| Inception date of the Fund was June 30, 2023. |
(ff)
| Inception date of the Fund was September 29, 2023. |
(gg)
| Inception date of the Fund was March 31, 2021. |
(hh)
| Inception date of the Fund was November 29, 2019. |
(ii)
| Inception date of the Fund was January 31, 2020. |
(jj)
| Inception date of the Fund was February 28, 2020. |
(kk)
| Inception date of the Fund was April 30, 2020. |
The accompanying notes are an integral part of these financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024
1. ORGANIZATION
Innovator ETFs Trust (the “Trust”) was organized under Delaware law as a Delaware statutory trust on October 17, 2007, and is registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940, as amended (the “1940 Act”) as an open-end management investment company. The Trust currently consists of multiple operational series, of which one hundred thirty one are covered in this report, collectively the (“Funds”):
| | | | | | | | | | |
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly | | | TFJL | | | August 17, 2020 | | | iShares 20+ Year Treasury Bond ETF |
Innovator 20+ Year Treasury Bond 9 Buffer ETF - July | | | TBJL | | | August 17, 2020 | | | iShares 20+ Year Treasury Bond ETF |
Innovator Defined Wealth Shield ETF | | | BALT | | | June 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator Emerging Markets 10 Buffer ETF - Quarterly | | | EBUF | | | June 28, 2024 | | | iShares MSCI Emerging Markets ETF |
Innovator Emerging Markets Power Buffer ETF - April | | | EAPR | | | March 31, 2021 | | | iShares MSCI Emerging Markets ETF |
Innovator Emerging Markets Power Buffer ETF - January | | | EJAN | | | December 31, 2019 | | | iShares MSCI Emerging Markets ETF |
Innovator Emerging Markets Power Buffer ETF - July | | | EJUL | | | June 28, 2019 | | | iShares MSCI Emerging Markets ETF |
Innovator Emerging Markets Power Buffer ETF - October | | | EOCT | | | September 30, 2021 | | | iShares MSCI Emerging Markets ETF |
Innovator Equity Defined Protection ETF - 1 Yr August | | | ZAUG | | | July 31, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 1 Yr July | | | ZJUL | | | June 28, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 1 Yr November | | | ZNOV | | | October 31, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 1 Yr October | | | ZOCT | | | September 30, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 1 Yr September | | | ZSEP | | | August 30, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to April 2026 | | | AAPR | | | March 28, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to January 2026 | | | AJAN | | | December 29, 2023 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to July 2025 | | | TJUL | | | July 17, 2023 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to July 2026 | | | AJUL | | | June 28, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 2 Yr to October 2026 | | | AOCT | | | September 30, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct | | | APOC | | | September 30, 2024 | | | S&P 500® Index |
Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul | | | JAJL | | | June 28, 2024 | | | S&P 500® Index |
Innovator Growth Accelerated ETF - Quarterly | | | XDQQ | | | March 31, 2021 | | | Invesco QQQ Trust |
Innovator Growth Accelerated Plus ETF - April | | | QTAP | | | March 31, 2021 | | | Invesco QQQ Trust |
Innovator Growth Accelerated Plus ETF - January | | | QTJA | | | December 31, 2021 | | | Invesco QQQ Trust |
Innovator Growth Accelerated Plus ETF - July | | | QTJL | | | June 30, 2021 | | | Invesco QQQ Trust |
Innovator Growth Accelerated Plus ETF - October | | | QTOC | | | September 30, 2021 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - April | | | NAPR | | | March 31, 2020 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - August | | | NAUG | | | July 31, 2024 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - January | | | NJAN | | | December 31, 2019 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - July | | | NJUL | | | June 30, 2020 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - June | | | NJUN | | | May 31, 2024 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - November | | | NNOV | | | October 31, 2024 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - October | | | NOCT | | | September 30, 2019 | | | Invesco QQQ Trust |
Innovator Growth-100 Power Buffer ETF - September | | | NSEP | | | August 30, 2024 | | | Invesco QQQ Trust |
Innovator International Developed 10 Buffer ETF - Quarterly | | | IBUF | | | June 28, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - April | | | IAPR | | | March 31, 2021 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - August | | | IAUG | | | July 31, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - December | | | IDEC | | | November 30, 2023 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - February | | | IFEB | | | January 31, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - January | | | IJAN | | | December 31, 2019 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - July | | | IJUL | | | June 28, 2019 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - June | | | IJUN | | | May 31, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - March | | | IMAR | | | February 29, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - May | | | IMAY | | | April 30, 2024 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - November | | | INOV | | | October 31, 2023 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - October | | | IOCT | | | September 30, 2021 | | | iShares MSCI EAFE ETF |
Innovator International Developed Power Buffer ETF - September | | | ISEP | | | August 31, 2023 | | | iShares MSCI EAFE ETF |
Innovator Nasdaq-100 10 Buffer ETF - Quarterly | | | QBUF | | | June 28, 2024 | | | Nasdaq-100 Index |
| | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | |
Innovator Premium Income 10 Barrier ETF - April | | | APRD | | | March 31, 2023 | | | S&P 500® Index |
Innovator Premium Income 10 Barrier ETF - January | | | JAND | | | December 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 10 Barrier ETF - July | | | JULD | | | June 30, 2023 | | | S&P 500® Index |
Innovator Premium Income 10 Barrier ETF - October | | | OCTD | | | September 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 15 Buffer ETF - April | | | LAPR | | | March 28, 2024 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 15 Buffer ETF - January | | | LJAN | | | December 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 15 Buffer ETF - July | | | LJUL | | | June 28, 2024 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 15 Buffer ETF - October | | | LOCT | | | September 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 20 Barrier ETF - April | | | APRH | | | March 31, 2023 | | | S&P 500® Index |
Innovator Premium Income 20 Barrier ETF - January | | | JANH | | | December 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 20 Barrier ETF - July | | | JULH | | | June 30, 2023 | | | S&P 500® Index |
Innovator Premium Income 20 Barrier ETF - October | | | OCTH | | | September 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 30 Barrier ETF - April | | | APRJ | | | March 31, 2023 | | | S&P 500® Index |
Innovator Premium Income 30 Barrier ETF - January | | | JANJ | | | December 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 30 Barrier ETF - July | | | JULJ | | | June 30, 2023 | | | S&P 500® Index |
Innovator Premium Income 30 Barrier ETF - October | | | OCTJ | | | September 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 40 Barrier ETF - April | | | APRQ | | | March 31, 2023 | | | S&P 500® Index |
Innovator Premium Income 40 Barrier ETF - January | | | JANQ | | | December 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 40 Barrier ETF - July | | | JULQ | | | June 30, 2023 | | | S&P 500® Index |
Innovator Premium Income 40 Barrier ETF - October | | | OCTQ | | | September 29, 2023 | | | S&P 500® Index |
Innovator Premium Income 9 Buffer ETF - April | | | HAPR | | | March 28, 2024 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 9 Buffer ETF - January | | | HJAN | | | December 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 9 Buffer ETF - July | | | HJUL | | | June 28, 2024 | | | SPDR S&P 500® ETF Trust |
Innovator Premium Income 9 Buffer ETF - October | | | HOCT | | | September 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity 10 Buffer ETF - Quarterly | | | ZALT | | | September 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly | | | EALT | | | September 29, 2023 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated 9 Buffer ETF - April | | | XBAP | | | March 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated 9 Buffer ETF - January | | | XBJA | | | December 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated 9 Buffer ETF - July | | | XBJL | | | June 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated 9 Buffer ETF - October | | | XBOC | | | September 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - April | | | XDAP | | | March 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - January | | | XDJA | | | December 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - July | | | XDJL | | | June 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - October | | | XDOC | | | September 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated ETF - Quarterly | | | XDSQ | | | March 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated Plus ETF - April | | | XTAP | | | March 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated Plus ETF - January | | | XTJA | | | December 31, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated Plus ETF - July | | | XTJL | | | June 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Accelerated Plus ETF - October | | | XTOC | | | September 30, 2021 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - April | | | BAPR | | | March 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - August | | | BAUG | | | July 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - December | | | BDEC | | | November 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - February | | | BFEB | | | January 31, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - January | | | BJAN | | | December 31, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - July | | | BJUL | | | August 28, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - June | | | BJUN | | | May 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - March | | | BMAR | | | February 28, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - May | | | BMAY | | | April 30, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - November | | | BNOV | | | October 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - October | | | BOCT | | | September 28, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Buffer ETF - September | | | BSEP | | | August 30, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - April | | | PAPR | | | March 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - July | | | PJUL | | | August 7, 2018 | | | SPDR S&P 500® ETF Trust |
| | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - June | | | PJUN | | | May 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - October | | | POCT | | | September 28, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - August | | | PAUG | | | July 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - December | | | PDEC | | | November 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - February | | | PFEB | | | January 31, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - January | | | PJAN | | | December 31, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - March | | | PMAR | | | February 28, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - May | | | PMAY | | | April 30, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - November | | | PNOV | | | October 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Power Buffer ETF - September | | | PSEP | | | August 30, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - April | | | UAPR | | | March 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - August | | | UAUG | | | July 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - December | | | UDEC | | | November 29, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - February | | | UFEB | | | January 31, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - January | | | UJAN | | | December 31, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - July | | | UJUL | | | August 7, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - June | | | UJUN | | | May 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - March | | | UMAR | | | February 28, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - May | | | UMAY | | | April 30, 2020 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - November | | | UNOV | | | October 31, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - October | | | UOCT | | | September 28, 2018 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Equity Ultra Buffer ETF - September | | | USEP | | | August 30, 2019 | | | SPDR S&P 500® ETF Trust |
Innovator U.S. Small Cap 10 Buffer ETF - Quarterly | | | RBUF | | | June 28, 2024 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - April | | | KAPR | | | March 31, 2020 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - August | | | KAUG | | | July 31, 2024 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - January | | | KJAN | | | December 31, 2019 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - July | | | KJUL | | | June 30, 2020 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - June | | | KJUN | | | May 31, 2024 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - November | | | KNOV | | | October 31, 2024 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - October | | | KOCT | | | September 30, 2019 | | | iShares Russell 2000 ETF |
Innovator U.S. Small Cap Power Buffer ETF - September | | | KSEP | | | August 30, 2024 | | | iShares Russell 2000 ETF |
| | | | | | | | | | |
The operational series of the Trust covered outside of this report consist of:
| | | | | | | | | | |
Innovator Buffer Step-Up Strategy ETF | | | BSTP | | | March 7, 2022 | | | SPDR S&P 500® ETF Trust |
Innovator Deepwater Frontier Tech ETF | | | LOUP | | | July 24, 2018 | | | Loup Frontier Tech Index |
Innovator Equity Managed Floor ETF | | | SFLR | | | November 8, 2022 | | | SPDR S&P 500® ETF Trust |
Innovator Gradient Tactical Rotation Strategy ETF | | | IGTR | | | November 16, 2022 | | | S&P Global Broad Market Index |
Innovator Hedged Nasdaq-100 ETF | | | QHDG | | | August 19, 2024 | | | Nasdaq-100 Index |
Innovator IBD® 50 ETF | | | FFTY | | | April 8, 2015 | | | IBD® 50 Index |
Innovator IBD® Breakout Opportunities ETF | | | BOUT | | | September 12, 2018 | | | IBD® Breakout Stocks Index |
Innovator Laddered Allocation Buffer ETF(b) | | | BUFB | | | February 8, 2022 | | | MerQube U.S. Large Cap Equity Buffer Laddered Index |
Innovator Laddered Allocation Power Buffer ETF(c) | | | BUFF | | | October 19, 2016 | | | Refinitiv Laddered Power Buffer Strategy Index |
Innovator Nasdaq-100 Managed Floor ETF | | | QFLR | | | January 24, 2024 | | | Nasdaq-100 Index |
Innovator Power Buffer Step-Up Strategy ETF | | | PSTP | | | March 7, 2022 | | | SPDR S&P 500® ETF Trust |
Innovator S&P Investment Grade Preferred ETF | | | EPRF | | | May 23, 2016 | | | S&P U.S. High Quality Preferred Stock Index |
Innovator U.S. Small Cap Managed Floor ETF | | | RFLR | | | September 16, 2024 | | | Russell 2000 Index |
Innovator Uncapped Accelerated U.S. Equity ETF | | | XUSP | | | August 10, 2022 | | | SPDR S&P 500® ETF Trust |
| | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
The Funds are exchange traded funds that offer one class of shares, do not charge a sales load, do not have a redemption fee and currently do not charge a 12b-1 fee to their shareholders. The Innovator International Developed and Emerging Markets ETFs list and principally trade their shares on NYSE Arca (“NYSE”). QBUF lists and principally trades its shares on Nasdaq Global Market (“Nasdaq”). All other Innovator ETFs included in this report each, respectively, list and principally trade their shares on Cboe BZX Exchange, Inc. (“Cboe BZX”).
Each Fund employs a specific “defined outcome strategy.” Defined outcome strategies generally seek to produce pre-determined investment outcomes based upon the performance of an index or one or more underlying securities. The Funds’ pre-determined outcomes (“Outcomes”) are based upon the price performance of a benchmark index or one or more underlying exchange-traded fund (the “Benchmark”) over a period of approximately one year or another predetermined period (“Outcome Period”). The Funds’ investment strategy provides shareholders with participation in any gains experienced by the applicable Benchmark over the course of the Outcome Period, subject to a cap on upside returns (a “Cap”), and, if applicable, a predetermined buffer (a “Buffer”) against Benchmark losses for the Outcome Period. These defined outcomes are managed by purchasing and selling call and put FLexible EXchange Options (“FLEX Options”) to create layers within a Fund’s portfolio. Each Fund’s FLEX Option has the same reference asset and expiration date, with uniquely selected strike prices for the Fund’s Outcome Period. Due to the customizable nature of FLEX Options that allows for specific strike prices to be selected for the same reference asset and expiration date, when each of the FLEX Options expire on the last day of the Outcome Period, the Funds are expected to achieve a Benchmark investment return with the applicable Buffer and Cap investment parameters.
The Funds are investment companies and accordingly follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946 “Financial Services – Investment Companies”.
2. SIGNIFICANT ACCOUNTING POLICIES
The following is a summary of significant accounting policies consistently followed by the Trust in the preparation of its financial statements. These policies are in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Valuation: The net asset values (“NAV”) of the Funds are determined as of the close of regular trading on the NYSE (normally 4:00 p.m. ET). If the NYSE closes early on a valuation day, the Funds shall determine NAV as of that time.
Portfolio securities generally shall be valued utilizing prices provided by independent pricing services. The Adviser, as the Trust’s Valuation Designee (“Valuation Designee”) is responsible for establishing valuation of portfolio securities and other instruments held by the Funds in accordance with the Trust’s valuation procedures.
Common stocks, preferred stocks and other equity securities listed on any national or foreign exchange (excluding the NASDAQ National Market (“NASDAQ”) and the London Stock Exchange Alternative Investment Market (“AIM”)) are generally valued at the last sale price on the exchange on which they are principally traded or, for NASDAQ and AIM securities, the official closing price. Securities traded on more than one securities exchange are valued at the last sale price or official closing price, as applicable, at the close of the exchange representing the principal market for such securities. Securities traded in the over-the-counter market are valued at the mean of the bid and the asked price, if available, and otherwise at their closing bid price. Redeemable securities issued by open-end investment companies shall be valued at the investment company’s applicable net asset value, with the exception of exchange-traded open-end investment companies which are priced as equity securities. Fixed income securities, swaps, currency-, credit- and commodity-linked notes, and other similar instruments will be valued using a pricing service. Fixed income securities having a remaining maturity of 60 days or less when purchased will be valued at cost adjusted for amortization of premiums and accretion of discounts, provided the Valuation Designee has determined that the use of amortized cost is an appropriate reflection of fair value given market and issuer specific conditions existing at the time of the determination. Deposit accounts are valued at acquisition cost. Foreign securities and other assets denominated in foreign currencies are translated into U.S. dollars at the exchange rate of such currencies against the U.S. dollar as provided by the pricing service. All assets denominated in foreign currencies will be converted into U.S. dollars at the exchange rates in effect at the time of valuation. Restricted securities (with the exception of Rule 144A Securities for which market quotations are available) will normally be valued at fair value as determined by the Valuation Designee.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Exchange-traded option contracts (other than FLEX Option contracts) will be valued at the closing price in the market where such contracts are principally traded. If no closing price is available, they will be fair valued at the mean of their most recent bid and asked price, if available, and otherwise at their closing bid price. OTC options are fair valued at the mean of the most recent bid and asked price, if available, and otherwise at their closing bid price. FLEX Options will be valued at a model-based price provided by the exchange on which the option is traded at the official close of that exchange’s trading date. If the exchange on which the option is traded is unable to provide a model price, FLEX Options prices will be provided by backup provider Super Derivatives. Otherwise, the value of a FLEX Option will be determined by the Valuation Designee in accordance with the Trust’s valuation procedures.
If no quotation can be obtained from a pricing service, then the Valuation Designee will then attempt to obtain one or more broker quotes for the security. If no quotation is available from either a pricing service or one or more brokers or if the Valuation Designee has reason to question the reliability or accuracy of a quotation supplied or the use of amortized cost, the value of any portfolio security held by the Funds for which reliable market quotations are not readily available will be determined by the Valuation Designee in a manner that most appropriately reflects fair market value of the security on the valuation date. The use of a fair valuation method may be appropriate if, for example: (i) market quotations do not accurately reflect fair value of an investment; (ii) an investment’s value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (for example, a foreign exchange or market); (iii) a trading halt closes an exchange or market early; or (iv) other events result in an exchange or market delaying its normal close.
Fair Valuation Measurement: FASB established a framework for measuring fair value in accordance with U.S. GAAP. Under ASC Topic 820, “Fair Value Measurement” (“ASC 820”), various inputs are used in determining the value of the Funds’ investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three Levels of inputs of the fair value hierarchy are defined as follows:
Level 1 –
Unadjusted quoted prices in active markets for identical assets or liabilities that the Funds have the ability to access.
Level 2 –
Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
Level 3 –
Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Funds’ own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgement. Accordingly, the degree of judgement exercised in determining fair value is greatest for instruments categorized in Level 3.
The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
The following table summarizes valuation of the Funds’ investments under the fair value hierarchy levels as of October 31, 2024:
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $76,727,706 | | | $— | | | $76,727,706 |
Total Investments | | | $— | | | $76,727,706 | | | $— | | | $76,727,706 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $105,300 | | | $— | | | $105,300 |
Total Investments | | | $— | | | $105,300 | | | $— | | | $105,300 |
| | | | | | | | | | | | | |
Innovator 20+ Year Treasury Bond 9 Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $15,481,427 | | | $— | | | $15,481,427 |
Total Investments | | | $— | | | $15,481,427 | | | $— | | | $15,481,427 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $383,032 | | | $— | | | $383,032 |
Total Investments | | | $— | | | $383,032 | | | $— | | | $383,032 |
| | | | | | | | | | | | | |
Innovator Defined Wealth Shield ETF
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $912,747,346 | | | $— | | | $912,747,346 |
Total Investments | | | $— | | | $912,747,346 | | | $— | | | $912,747,346 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $12,821,998 | | | $— | | | $12,821,998 |
Total Investments | | | $— | | | $12,821,998 | | | $— | | | $12,821,998 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Emerging Markets 10 Buffer ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $10,409,802 | | | $— | | | $10,409,802 |
Total Investments | | | $— | | | $10,409,802 | | | $— | | | $10,409,802 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $193,005 | | | $— | | | $193,005 |
Total Investments | | | $— | | | $193,005 | | | $— | | | $193,005 |
| | | | | | | | | | | | | |
Innovator Emerging Markets Power Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $68,174,505 | | | $— | | | $68,174,505 |
Total Investments | | | $— | | | $68,174,505 | | | $— | | | $68,174,505 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,751,610 | | | $— | | | $1,751,610 |
Total Investments | | | $— | | | $1,751,610 | | | $— | | | $1,751,610 |
| | | | | | | | | | | | | |
Innovator Emerging Markets Power Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $129,767,765 | | | $— | | | $129,767,765 |
Total Investments | | | $— | | | $129,767,765 | | | $— | | | $129,767,765 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,746,523 | | | $— | | | $1,746,523 |
Total Investments | | | $— | | | $1,746,523 | | | $— | | | $1,746,523 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Emerging Markets Power Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $90,029,940 | | | $— | | | $90,029,940 |
Total Investments | | | $— | | | $90,029,940 | | | $— | | | $90,029,940 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,243,240 | | | $— | | | $3,243,240 |
Total Investments | | | $— | | | $3,243,240 | | | $— | | | $3,243,240 |
| | | | | | | | | | | | | |
Innovator Emerging Markets Power Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $55,596,985 | | | $— | | | $55,596,985 |
Total Investments | | | $— | | | $55,596,985 | | | $— | | | $55,596,985 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,427,047 | | | $— | | | $2,427,047 |
Total Investments | | | $— | | | $2,427,047 | | | $— | | | $2,427,047 |
| | | | | | | | | | | | | |
Innovator Equity Defined Protection ETF - 1 Yr August
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $84,272,768 | | | $— | | | $84,272,768 |
Total Investments | | | $— | | | $84,272,768 | | | $— | | | $84,272,768 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,357,637 | | | $— | | | $3,357,637 |
Total Investments | | | $— | | | $3,357,637 | | | $— | | | $3,357,637 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Equity Defined Protection ETF - 1 Yr July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $119,811,471 | | | $— | | | $119,811,471 |
Total Investments | | | $— | | | $119,811,471 | | | $— | | | $119,811,471 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,525,591 | | | $— | | | $4,525,591 |
Total Investments | | | $— | | | $4,525,591 | | | $— | | | $4,525,591 |
| | | | | | | | | | | | | |
Innovator Equity Defined Protection ETF - 1 Yr November
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $1,293,270 | | | $— | | | $1,293,270 |
Total Investments | | | $— | | | $1,293,270 | | | $— | | | $1,293,270 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $53,856 | | | $— | | | $53,856 |
Total Investments | | | $— | | | $53,856 | | | $— | | | $53,856 |
| | | | | | | | | | | | | |
Innovator Equity Defined Protection ETF - 1 Yr October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $71,756,740 | | | $— | | | $71,756,740 |
Total Investments | | | $— | | | $71,756,740 | | | $— | | | $71,756,740 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,548,580 | | | $— | | | $2,548,580 |
Total Investments | | | $— | | | $2,548,580 | | | $— | | | $2,548,580 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Equity Defined Protection ETF - 1 Yr September
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $113,970,037 | | | $— | | | $113,970,037 |
Total Investments | | | $— | | | $113,970,037 | | | $— | | | $113,970,037 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,385,508 | | | $— | | | $4,385,508 |
Total Investments | | | $— | | | $4,385,508 | | | $— | | | $4,385,508 |
| | | | | | | | | | | | | |
Innovator Equity Defined Protection ETF - 2 Yr to April 2026
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $75,750,733 | | | $— | | | $75,750,733 |
Total Investments | | | $— | | | $75,750,733 | | | $— | | | $75,750,733 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,295,992 | | | $— | | | $4,295,992 |
Total Investments | | | $— | | | $4,295,992 | | | $— | | | $4,295,992 |
| | | | | | | | | | | | | |
Innovator Equity Defined Protection ETF - 2 Yr to January 2026
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $67,544,916 | | | $— | | | $67,544,916 |
Total Investments | | | $— | | | $67,544,916 | | | $— | | | $67,544,916 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $7,992,947 | | | $— | | | $7,992,947 |
Total Investments | | | $— | | | $7,992,947 | | | $— | | | $7,992,947 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Equity Defined Protection ETF - 2 Yr to July 2025
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $243,116,023 | | | $— | | | $243,116,023 |
Total Investments | | | $— | | | $243,116,023 | | | $— | | | $243,116,023 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $30,386,836 | | | $— | | | $30,386,836 |
Total Investments | | | $— | | | $30,386,836 | | | $— | | | $30,386,836 |
| | | | | | | | | | | | | |
Innovator Equity Defined Protection ETF - 2 Yr to July 2026
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $72,441,159 | | | $— | | | $72,441,159 |
Total Investments | | | $— | | | $72,441,159 | | | $— | | | $72,441,159 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,354,266 | | | $— | | | $3,354,266 |
Total Investments | | | $— | | | $3,354,266 | | | $— | | | $3,354,266 |
| | | | | | | | | | | | | |
Innovator Equity Defined Protection ETF - 2 Yr to October 2026
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $57,726,430 | | | $— | | | $57,726,430 |
Total Investments | | | $— | | | $57,726,430 | | | $— | | | $57,726,430 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,019,076 | | | $— | | | $3,019,076 |
Total Investments | | | $— | | | $3,019,076 | | | $— | | | $3,019,076 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $77,144,353 | | | $— | | | $77,144,353 |
Total Investments | | | $— | | | $77,144,353 | | | $— | | | $77,144,353 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,741,080 | | | $— | | | $1,741,080 |
Total Investments | | | $— | | | $1,741,080 | | | $— | | | $1,741,080 |
| | | | | | | | | | | | | |
Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $157,684,022 | | | $— | | | $157,684,022 |
Total Investments | | | $— | | | $157,684,022 | | | $— | | | $157,684,022 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,417,959 | | | $— | | | $4,417,959 |
Total Investments | | | $— | | | $4,417,959 | | | $— | | | $4,417,959 |
| | | | | | | | | | | | | |
Innovator Growth Accelerated ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $35,182,848 | | | $— | | | $35,182,848 |
Total Investments | | | $— | | | $35,182,848 | | | $— | | | $35,182,848 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $951,130 | | | $— | | | $951,130 |
Total Investments | | | $— | | | $951,130 | | | $— | | | $951,130 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Growth Accelerated Plus ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $17,660,225 | | | $— | | | $17,660,225 |
Total Investments | | | $— | | | $17,660,225 | | | $— | | | $17,660,225 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,359,292 | | | $— | | | $3,359,292 |
Total Investments | | | $— | | | $3,359,292 | | | $— | | | $3,359,292 |
| | | | | | | | | | | | | |
Innovator Growth Accelerated Plus ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $38,914,954 | | | $— | | | $38,914,954 |
Total Investments | | | $— | | | $38,914,954 | | | $— | | | $38,914,954 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $10,217,936 | | | $— | | | $10,217,936 |
Total Investments | | | $— | | | $10,217,936 | | | $— | | | $10,217,936 |
| | | | | | | | | | | | | |
Innovator Growth Accelerated Plus ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $19,719,093 | | | $— | | | $19,719,093 |
Total Investments | | | $— | | | $19,719,093 | | | $— | | | $19,719,093 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,775,046 | | | $— | | | $2,775,046 |
Total Investments | | | $— | | | $2,775,046 | | | $— | | | $2,775,046 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Growth Accelerated Plus ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $9,890,920 | | | $— | | | $9,890,920 |
Total Investments | | | $— | | | $9,890,920 | | | $— | | | $9,890,920 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,556,865 | | | $— | | | $1,556,865 |
Total Investments | | | $— | | | $1,556,865 | | | $— | | | $1,556,865 |
| | | | | | | | | | | | | |
Innovator Growth-100 Power Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $201,581,827 | | | $— | | | $201,581,827 |
Total Investments | | | $— | | | $201,581,827 | | | $— | | | $201,581,827 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $7,430,220 | | | $— | | | $7,430,220 |
Total Investments | | | $— | | | $7,430,220 | | | $— | | | $7,430,220 |
| | | | | | | | | | | | | |
Innovator Growth-100 Power Buffer ETF - August
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $17,606,687 | | | $— | | | $17,606,687 |
Total Investments | | | $— | | | $17,606,687 | | | $— | | | $17,606,687 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $870,895 | | | $— | | | $870,895 |
Total Investments | | | $— | | | $870,895 | | | $— | | | $870,895 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Growth-100 Power Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $212,066,092 | | | $— | | | $212,066,092 |
Total Investments | | | $— | | | $212,066,092 | | | $— | | | $212,066,092 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $11,218,844 | | | $— | | | $11,218,844 |
Total Investments | | | $— | | | $11,218,844 | | | $— | | | $11,218,844 |
| | | | | | | | | | | | | |
Innovator Growth-100 Power Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $276,479,424 | | | $— | | | $276,479,424 |
Total Investments | | | $— | | | $276,479,424 | | | $— | | | $276,479,424 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $10,575,729 | | | $— | | | $10,575,729 |
Total Investments | | | $— | | | $10,575,729 | | | $— | | | $10,575,729 |
| | | | | | | | | | | | | |
Innovator Growth-100 Power Buffer ETF - June
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $28,338,836 | | | $— | | | $28,338,836 |
Total Investments | | | $— | | | $28,338,836 | | | $— | | | $28,338,836 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,383,851 | | | $— | | | $1,383,851 |
Total Investments | | | $— | | | $1,383,851 | | | $— | | | $1,383,851 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Growth-100 Power Buffer ETF - November
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $1,325,844 | | | $— | | | $1,325,844 |
Total Investments | | | $— | | | $1,325,844 | | | $— | | | $1,325,844 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $80,912 | | | $— | | | $80,912 |
Total Investments | | | $— | | | $80,912 | | | $— | | | $80,912 |
| | | | | | | | | | | | | |
Innovator Growth-100 Power Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $170,351,539 | | | $— | | | $170,351,539 |
Total Investments | | | $— | | | $170,351,539 | | | $— | | | $170,351,539 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $9,733,147 | | | $— | | | $9,733,147 |
Total Investments | | | $— | | | $9,733,147 | | | $— | | | $9,733,147 |
| | | | | | | | | | | | | |
Innovator Growth-100 Power Buffer ETF - September
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $38,086,055 | | | $— | | | $38,086,055 |
Total Investments | | | $— | | | $38,086,055 | | | $— | | | $38,086,055 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,128,738 | | | $— | | | $2,128,738 |
Total Investments | | | $— | | | $2,128,738 | | | $— | | | $2,128,738 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator International Developed 10 Buffer ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $5,779,377 | | | $— | | | $5,779,377 |
Total Investments | | | $— | | | $5,779,377 | | | $— | | | $5,779,377 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $73,510 | | | $— | | | $73,510 |
Total Investments | | | $— | | | $73,510 | | | $— | | | $73,510 |
| | | | | | | | | | | | | |
Innovator International Developed Power Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $204,066,418 | | | $— | | | $204,066,418 |
Total Investments | | | $— | | | $204,066,418 | | | $— | | | $204,066,418 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,420,484 | | | $— | | | $2,420,484 |
Total Investments | | | $— | | | $2,420,484 | | | $— | | | $2,420,484 |
| | | | | | | | | | | | | |
Innovator International Developed Power Buffer ETF - August
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $15,092,796 | | | $— | | | $15,092,796 |
Total Investments | | | $— | | | $15,092,796 | | | $— | | | $15,092,796 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $443,969 | | | $— | | | $443,969 |
Total Investments | | | $— | | | $443,969 | | | $— | | | $443,969 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator International Developed Power Buffer ETF - December
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $10,892,993 | | | $— | | | $10,892,993 |
Total Investments | | | $— | | | $10,892,993 | | | $— | | | $10,892,993 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $35,656 | | | $— | | | $35,656 |
Total Investments | | | $— | | | $35,656 | | | $— | | | $35,656 |
| | | | | | | | | | | | | |
Innovator International Developed Power Buffer ETF - February
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $11,892,510 | | | $— | | | $11,892,510 |
Total Investments | | | $— | | | $11,892,510 | | | $— | | | $11,892,510 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $71,006 | | | $— | | | $71,006 |
Total Investments | | | $— | | | $71,006 | | | $— | | | $71,006 |
| | | | | | | | | | | | | |
Innovator International Developed Power Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $181,260,245 | | | $— | | | $181,260,245 |
Total Investments | | | $— | | | $181,260,245 | | | $— | | | $181,260,245 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $841,633 | | | $— | | | $841,633 |
Total Investments | | | $— | | | $841,633 | | | $— | | | $841,633 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator International Developed Power Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $163,330,235 | | | $— | | | $163,330,235 |
Total Investments | | | $— | | | $163,330,235 | | | $— | | | $163,330,235 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,213,771 | | | $— | | | $4,213,771 |
Total Investments | | | $— | | | $4,213,771 | | | $— | | | $4,213,771 |
| | | | | | | | | | | | | |
Innovator International Developed Power Buffer ETF - June
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $24,103,163 | | | $— | | | $ 24,103,163 |
Total Investments | | | $— | | | $24,103,163 | | | $— | | | $24,103,163 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $381,125 | | | $— | | | $381,125 |
Total Investments | | | $— | | | $381,125 | | | $— | | | $381,125 |
| | | | | | | | | | | | | |
Innovator International Developed Power Buffer ETF - March
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $13,017,387 | | | $— | | | $13,017,387 |
Total Investments | | | $— | | | $13,017,387 | | | $— | | | $13,017,387 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $93,612 | | | $— | | | $93,612 |
Total Investments | | | $— | | | $93,612 | | | $— | | | $93,612 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator International Developed Power Buffer ETF - May
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $9,075,888 | | | $— | | | $9,075,888 |
Total Investments | | | $— | | | $9,075,888 | | | $— | | | $9,075,888 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $114,958 | | | $— | | | $114,958 |
Total Investments | | | $— | | | $114,958 | | | $— | | | $114,958 |
| | | | | | | | | | | | | |
Innovator International Developed Power Buffer ETF - November
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $4,518,397 | | | $— | | | $4,518,397 |
Total Investments | | | $— | | | $4,518,397 | | | $— | | | $4,518,397 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $136,396 | | | $— | | | $136,396 |
Total Investments | | | $— | | | $136,396 | | | $— | | | $136,396 |
| | | | | | | | | | | | | |
Innovator International Developed Power Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $126,521,996 | | | $— | | | $126,521,996 |
Total Investments | | | $— | | | $126,521,996 | | | $— | | | $126,521,996 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $5,036,416 | | | $— | | | $5,036,416 |
Total Investments | | | $— | | | $5,036,416 | | | $— | | | $5,036,416 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator International Developed Power Buffer ETF - September
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $69,289,377 | | | $— | | | $ 69,289,377 |
Total Investments | | | $— | | | $69,289,377 | | | $— | | | $69,289,377 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,728,692 | | | $— | | | $1,728,692 |
Total Investments | | | $— | | | $1,728,692 | | | $— | | | $1,728,692 |
| | | | | | | | | | | | | |
Innovator Nasdaq-100 10 Buffer ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $82,343,820 | | | $— | | | $82,343,820 |
Total Investments | | | $— | | | $82,343,820 | | | $— | | | $82,343,820 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,962,389 | | | $— | | | $1,962,389 |
Total Investments | | | $— | | | $1,962,389 | | | $— | | | $1,962,389 |
| | | | | | | | | | | | | |
Innovator Premium Income 10 Barrier ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $833,865 | | | $— | | | $833,865 |
U.S. Treasury Bills | | | — | | | 9,420,915 | | | — | | | 9,420,915 |
Total Investments | | | $— | | | $10,254,780 | | | $— | | | $10,254,780 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $979,517 | | | $— | | | $979,517 |
Total Investments | | | $— | | | $979,517 | | | $— | | | $979,517 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Premium Income 10 Barrier ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $95,468 | | | $— | | | $95,468 |
U.S. Treasury Bills | | | — | | | 4,362,567 | | | — | | | 4,362,567 |
Total Investments | | | $— | | | $4,458,035 | | | $— | | | $4,458,035 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $110,175 | | | $— | | | $110,175 |
Total Investments | | | $— | | | $110,175 | | | $— | | | $110,175 |
| | | | | | | | | | | | | |
Innovator Premium Income 10 Barrier ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $818,110 | | | $— | | | $818,110 |
U.S. Treasury Bills | | | — | | | 5,131,546 | | | — | | | 5,131,546 |
Total Investments | | | $— | | | $5,949,656 | | | $— | | | $5,949,656 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $959,994 | | | $— | | | $959,994 |
Total Investments | | | $— | | | $959,994 | | | $— | | | $959,994 |
| | | | | | | | | | | | | |
Innovator Premium Income 10 Barrier ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $1,301,711 | | | $— | | | $1,301,711 |
U.S. Treasury Bills | | | — | | | 4,977,794 | | | — | | | 4,977,794 |
Total Investments | | | $— | | | $6,279,505 | | | $— | | | $6,279,505 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,519,929 | | | $— | | | $1,519,929 |
Total Investments | | | $— | | | $1,519,929 | | | $— | | | $1,519,929 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Premium Income 15 Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
U.S. Treasury Bills | | | $— | | | $3,774,322 | | | $— | | | $3,774,322 |
Total Investments | | | $— | | | $3,774,322 | | | $— | | | $3,774,322 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $26,292 | | | $— | | | $26,292 |
Total Investments | | | $— | | | $26,292 | | | $— | | | $26,292 |
| | | | | | | | | | | | | |
Innovator Premium Income 15 Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
U.S. Treasury Bills | | | $— | | | $8,608,493 | | | $— | | | $8,608,493 |
Total Investments | | | $— | | | $8,608,493 | | | $— | | | $8,608,493 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $15,208 | | | $— | | | $15,208 |
Total Investments | | | $— | | | $15,208 | | | $— | | | $15,208 |
| | | | | | | | | | | | | |
Innovator Premium Income 15 Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
U.S. Treasury Bills | | | $— | | | $2,412,799 | | | $— | | | $2,412,799 |
Total Investments | | | $— | | | $2,412,799 | | | $— | | | $2,412,799 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $30,399 | | | $— | | | $30,399 |
Total Investments | | | $— | | | $30,399 | | | $— | | | $30,399 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Premium Income 15 Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
U.S. Treasury Bills | | | $— | | | $18,719,981 | | | $— | | | $18,719,981 |
Total Investments | | | $— | | | $18,719,981 | | | $— | | | $18,719,981 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $392,830 | | | $— | | | $392,830 |
Total Investments | | | $— | | | $392,830 | | | $— | | | $392,830 |
| | | | | | | | | | | | | |
Innovator Premium Income 20 Barrier ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $2,737,649 | | | $— | | | $2,737,649 |
U.S. Treasury Bills | | | — | | | 28,096,997 | | | — | | | 28,096,997 |
Total Investments | | | $— | | | $30,834,646 | | | $— | | | $30,834,646 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,037,344 | | | $— | | | $3,037,344 |
Total Investments | | | $— | | | $3,037,344 | | | $— | | | $3,037,344 |
| | | | | | | | | | | | | |
Innovator Premium Income 20 Barrier ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $254,920 | | | $— | | | $254,920 |
U.S. Treasury Bills | | | — | | | 9,320,059 | | | — | | | 9,320,059 |
Total Investments | | | $— | | | $9,574,979 | | | $— | | | $9,574,979 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $281,125 | | | $— | | | $281,125 |
Total Investments | | | $— | | | $281,125 | | | $— | | | $281,125 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Premium Income 20 Barrier ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $3,652,005 | | | $— | | | $3,652,005 |
U.S. Treasury Bills | | | — | | | 20,986,552 | | | — | | | 20,986,552 |
Total Investments | | | $— | | | $24,638,556 | | | $— | | | $24,638,556 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,061,951 | | | $— | | | $4,061,951 |
Total Investments | | | $— | | | $4,061,951 | | | $— | | | $4,061,951 |
| | | | | | | | | | | | | |
Innovator Premium Income 20 Barrier ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $5,856,511 | | | $— | | | $5,856,511 |
U.S. Treasury Bills | | | — | | | 20,305,015 | | | — | | | 20,305,015 |
Total Investments | | | $— | | | $26,161,526 | | | $— | | | $26,161,526 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $6,535,659 | | | $— | | | $6,535,659 |
Total Investments | | | $— | | | $6,535,659 | | | $— | | | $6,535,659 |
| | | | | | | | | | | | | |
Innovator Premium Income 30 Barrier ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $3,399,706 | | | $— | | | $3,399,706 |
U.S. Treasury Bills | | | — | | | 38,568,790 | | | — | | | 38,568,790 |
Total Investments | | | $— | | | $41,968,496 | | | $— | | | $41,968,496 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,687,739 | | | $— | | | $3,687,739 |
Total Investments | | | $— | | | $3,687,739 | | | $— | | | $3,687,739 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Premium Income 30 Barrier ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $535,108 | | | $— | | | $535,108 |
U.S. Treasury Bills | | | — | | | 22,306,573 | | | — | | | 22,306,573 |
Total Investments | | | $— | | | $22,841,681 | | | $— | | | $22,841,681 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $586,241 | | | $— | | | $586,241 |
Total Investments | | | $— | | | $586,241 | | | $— | | | $586,241 |
| | | | | | | | | | | | | |
Innovator Premium Income 30 Barrier ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $3,640,223 | | | $— | | | $3,640,223 |
U.S. Treasury Bills | | | — | | | 24,027,961 | | | — | | | 24,027,961 |
Total Investments | | | $— | | | $27,668,184 | | | $— | | | $27,668,184 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,970,099 | | | $— | | | $3,970,099 |
Total Investments | | | $— | | | $3,970,099 | | | $— | | | $3,970,099 |
| | | | | | | | | | | | | |
Innovator Premium Income 30 Barrier ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $5,358,319 | | | $— | | | $5,358,319 |
U.S. Treasury Bills | | | — | | | 21,925,655 | | | — | | | 21,925,655 |
Total Investments | | | $— | | | $27,283,974 | | | $— | | | $27,283,974 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $5,857,933 | | | $— | | | $5,857,933 |
Total Investments | | | $— | | | $5,857,933 | | | $— | | | $5,857,933 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Premium Income 40 Barrier ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $1,384,438 | | | $— | | | $1,384,438 |
U.S. Treasury Bills | | | — | | | 19,224,520 | | | — | | | 19,224,520 |
Total Investments | | | $— | | | $20,608,958 | | | $— | | | $20,608,958 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,492,641 | | | $— | | | $1,492,641 |
Total Investments | | | $— | | | $1,492,641 | | | $— | | | $1,492,641 |
| | | | | | | | | | | | | |
Innovator Premium Income 40 Barrier ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $84,355 | | | $— | | | $84,355 |
U.S. Treasury Bills | | | — | | | 4,947,759 | | | — | | | 4,947,759 |
Total Investments | | | $— | | | $5,032,114 | | | $— | | | $5,032,114 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $92,607 | | | $— | | | $92,607 |
Total Investments | | | $— | | | $92,607 | | | $— | | | $92,607 |
| | | | | | | | | | | | | |
Innovator Premium Income 40 Barrier ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $991,211 | | | $— | | | $991,211 |
U.S. Treasury Bills | | | — | | | 8,180,416 | | | — | | | 8,180,416 |
Total Investments | | | $— | | | $9,171,627 | | | $— | | | $9,171,627 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,066,863 | | | $— | | | $1,066,863 |
Total Investments | | | $— | | | $1,066,863 | | | $— | | | $1,066,863 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Premium Income 40 Barrier ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $2,383,736 | | | $— | | | $2,383,736 |
U.S. Treasury Bills | | | — | | | 12,688,863 | | | — | | | 12,688,863 |
Total Investments | | | $— | | | $15,072,599 | | | $— | | | $15,072,599 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,580,916 | | | $— | | | $2,580,916 |
Total Investments | | | $— | | | $2,580,916 | | | $— | | | $2,580,916 |
| | | | | | | | | | | | | |
Innovator Premium Income 9 Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
U.S. Treasury Bills | | | $— | | | $1,893,050 | | | $— | | | $1,893,050 |
Total Investments | | | $— | | | $1,893,050 | | | $— | | | $1,893,050 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $19,239 | | | $— | | | $19,239 |
Total Investments | | | $— | | | $19,239 | | | $— | | | $19,239 |
| | | | | | | | | | | | | |
Innovator Premium Income 9 Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
U.S. Treasury Bills | | | $— | | | $9,844,064 | | | $— | | | $9,844,064 |
Total Investments | | | $— | | | $9,844,064 | | | $— | | | $9,844,064 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $23,569 | | | $— | | | $23,569 |
Total Investments | | | $— | | | $23,569 | | | $— | | | $23,569 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator Premium Income 9 Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
U.S. Treasury Bills | | | $— | | | $1,212,409 | | | $— | | | $1,212,409 |
Total Investments | | | $— | | | $1,212,409 | | | $— | | | $1,212,409 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $22,308 | | | $— | | | $22,308 |
Total Investments | | | $— | | | $22,308 | | | $— | | | $22,308 |
| | | | | | | | | | | | | |
Innovator Premium Income 9 Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
U.S. Treasury Bills | | | $— | | | $15,837,884 | | | $— | | | $15,837,884 |
Total Investments | | | $— | | | $15,837,884 | | | $— | | | $15,837,884 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $471,990 | | | $— | | | $471,990 |
Total Investments | | | $— | | | $471,990 | | | $— | | | $471,990 |
| | | | | | | | | | | | | |
Innovator U.S. Equity 10 Buffer ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $260,203,366 | | | $— | | | $260,203,366 |
Total Investments | | | $— | | | $260,203,366 | | | $— | | | $260,203,366 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,910,276 | | | $— | | | $3,910,276 |
Total Investments | | | $— | | | $3,910,276 | | | $— | | | $3,910,276 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $102,980,945 | | | $— | | | $102,980,945 |
Total Investments | | | $— | | | $102,980,945 | | | $— | | | $102,980,945 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $712,615 | | | $— | | | $712,615 |
Total Investments | | | $— | | | $712,615 | | | $— | | | $712,615 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $99,045,519 | | | $— | | | $99,045,519 |
Total Investments | | | $— | | | $99,045,519 | | | $— | | | $99,045,519 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $12,519,230 | | | $— | | | $12,519,230 |
Total Investments | | | $— | | | $12,519,230 | | | $— | | | $12,519,230 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated 9 Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $109,687,723 | | | $— | | | $109,687,723 |
Total Investments | | | $— | | | $109,687,723 | | | $— | | | $109,687,723 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $23,249,418 | | | $— | | | $23,249,418 |
Total Investments | | | $— | | | $23,249,418 | | | $— | | | $23,249,418 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Accelerated 9 Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $170,168,781 | | | $— | | | $170,168,781 |
Total Investments | | | $— | | | $170,168,781 | | | $— | | | $170,168,781 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $20,112,648 | | | $— | | | $20,112,648 |
Total Investments | | | $— | | | $20,112,648 | | | $— | | | $20,112,648 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated 9 Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $74,235,393 | | | $— | | | $74,235,393 |
Total Investments | | | $— | | | $74,235,393 | | | $— | | | $74,235,393 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $7,837,763 | | | $— | | | $7,837,763 |
Total Investments | | | $— | | | $7,837,763 | | | $— | | | $7,837,763 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $8,514,084 | | | $— | | | $8,514,084 |
Total Investments | | | $— | | | $8,514,084 | | | $— | | | $8,514,084 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $792,282 | | | $— | | | $792,282 |
Total Investments | | | $— | | | $792,282 | | | $— | | | $792,282 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Accelerated ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $11,965,398 | | | $— | | | $11,965,398 |
Total Investments | | | $— | | | $11,965,398 | | | $— | | | $11,965,398 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,169,057 | | | $— | | | $2,169,057 |
Total Investments | | | $— | | | $2,169,057 | | | $— | | | $2,169,057 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $11,963,922 | | | $— | | | $11,963,922 |
Total Investments | | | $— | | | $11,963,922 | | | $— | | | $11,963,922 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $998,200 | | | $— | | | $998,200 |
Total Investments | | | $— | | | $998,200 | | | $— | | | $998,200 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $5,491,574 | | | $— | | | $5,491,574 |
Total Investments | | | $— | | | $5,491,574 | | | $— | | | $5,491,574 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $347,267 | | | $— | | | $347,267 |
Total Investments | | | $— | | | $347,267 | | | $— | | | $347,267 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Accelerated ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $52,441,174 | | | $— | | | $52,441,174 |
Total Investments | | | $— | | | $52,441,174 | | | $— | | | $52,441,174 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $987,214 | | | $— | | | $987,214 |
Total Investments | | | $— | | | $987,214 | | | $— | | | $987,214 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated Plus ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $13,323,240 | | | $— | | | $13,323,240 |
Total Investments | | | $— | | | $13,323,240 | | | $— | | | $13,323,240 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,423,624 | | | $— | | | $2,423,624 |
Total Investments | | | $— | | | $2,423,624 | | | $— | | | $2,423,624 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated Plus ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $24,150,042 | | | $— | | | $24,150,042 |
Total Investments | | | $— | | | $24,150,042 | | | $— | | | $24,150,042 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $7,097,102 | | | $— | | | $7,097,102 |
Total Investments | | | $— | | | $7,097,102 | | | $— | | | $7,097,102 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Accelerated Plus ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $13,660,274 | | | $— | | | $13,660,274 |
Total Investments | | | $— | | | $13,660,274 | | | $— | | | $13,660,274 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,206,145 | | | $— | | | $2,206,145 |
Total Investments | | | $— | | | $2,206,145 | | | $— | | | $2,206,145 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Accelerated Plus ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $16,316,068 | | | $— | | | $16,316,068 |
Total Investments | | | $— | | | $16,316,068 | | | $— | | | $16,316,068 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,065,339 | | | $— | | | $2,065,339 |
Total Investments | | | $— | | | $2,065,339 | | | $— | | | $2,065,339 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $265,533,263 | | | $— | | | $265,533,263 |
Total Investments | | | $— | | | $265,533,263 | | | $— | | | $265,533,263 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $5,090,539 | | | $— | | | $5,090,539 |
Total Investments | | | $— | | | $5,090,539 | | | $— | | | $5,090,539 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Buffer ETF - August
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $186,754,843 | | | $— | | | $186,754,843 |
Total Investments | | | $— | | | $186,754,843 | | | $— | | | $186,754,843 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $6,350,652 | | | $— | | | $6,350,652 |
Total Investments | | | $— | | | $6,350,652 | | | $— | | | $6,350,652 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - December
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $133,299,461 | | | $— | | | $133,299,461 |
Total Investments | | | $— | | | $133,299,461 | | | $— | | | $133,299,461 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $8,049,410 | | | $— | | | $8,049,410 |
Total Investments | | | $— | | | $8,049,410 | | | $— | | | $8,049,410 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - February
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $137,525,052 | | | $— | | | $137,525,052 |
Total Investments | | | $— | | | $137,525,052 | | | $— | | | $137,525,052 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $6,643,372 | | | $— | | | $6,643,372 |
Total Investments | | | $— | | | $6,643,372 | | | $— | | | $6,643,372 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $263,907,778 | | | $— | | | $263,907,778 |
Total Investments | | | $— | | | $263,907,778 | | | $— | | | $263,907,778 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $11,329,554 | | | $— | | | $11,329,554 |
Total Investments | | | $— | | | $11,329,554 | | | $— | | | $11,329,554 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $266,661,208 | | | $— | | | $266,661,208 |
Total Investments | | | $— | | | $266,661,208 | | | $— | | | $266,661,208 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $7,521,565 | | | $— | | | $7,521,565 |
Total Investments | | | $— | | | $7,521,565 | | | $— | | | $7,521,565 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - June
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $155,594,575 | | | $— | | | $155,594,575 |
Total Investments | | | $— | | | $155,594,575 | | | $— | | | $155,594,575 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $5,054,915 | | | $— | | | $5,054,915 |
Total Investments | | | $— | | | $5,054,915 | | | $— | | | $5,054,915 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Buffer ETF - March
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $177,448,176 | | | $— | | | $177,448,176 |
Total Investments | | | $— | | | $177,448,176 | | | $— | | | $177,448,176 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,873,816 | | | $— | | | $3,873,816 |
Total Investments | | | $— | | | $3,873,816 | | | $— | | | $3,873,816 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - May
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $136,018,471 | | | $— | | | $136,018,471 |
Total Investments | | | $— | | | $136,018,471 | | | $— | | | $136,018,471 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $5,420,967 | | | $— | | | $5,420,967 |
Total Investments | | | $— | | | $5,420,967 | | | $— | | | $5,420,967 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - November
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $103,760,820 | | | $— | | | $103,760,820 |
Total Investments | | | $— | | | $103,760,820 | | | $— | | | $103,760,820 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,442,505 | | | $— | | | $4,442,505 |
Total Investments | | | $— | | | $4,442,505 | | | $— | | | $4,442,505 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $242,290,615 | | | $— | | | $242,290,615 |
Total Investments | | | $— | | | $242,290,615 | | | $— | | | $242,290,615 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $9,817,444 | | | $— | | | $9,817,444 |
Total Investments | | | $— | | | $9,817,444 | | | $— | | | $9,817,444 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Buffer ETF - September
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $209,546,734 | | | $— | | | $209,546,734 |
Total Investments | | | $— | | | $209,546,734 | | | $— | | | $209,546,734 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $7,839,665 | | | $— | | | $7,839,665 |
Total Investments | | | $— | | | $7,839,665 | | | $— | | | $7,839,665 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $806,742,825 | | | $— | | | $806,742,825 |
Total Investments | | | $— | | | $806,742,825 | | | $— | | | $806,742,825 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $22,245,240 | | | $— | | | $22,245,240 |
Total Investments | | | $— | | | $22,245,240 | | | $— | | | $22,245,240 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Power Buffer ETF - August
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $882,658,317 | | | $— | | | $882,658,317 |
Total Investments | | | $— | | | $882,658,317 | | | $— | | | $882,658,317 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $32,700,182 | | | $— | | | $32,700,182 |
Total Investments | | | $— | | | $32,700,182 | | | $— | | | $32,700,182 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - December
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $811,648,320 | | | $— | | | $811,648,320 |
Total Investments | | | $— | | | $811,648,320 | | | $— | | | $811,648,320 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $75,475,104 | | | $— | | | $75,475,104 |
Total Investments | | | $— | | | $75,475,104 | | | $— | | | $75,475,104 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - February
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $691,828,442 | | | $— | | | $691,828,442 |
Total Investments | | | $— | | | $691,828,442 | | | $— | | | $691,828,442 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $48,681,706 | | | $— | | | $48,681,706 |
Total Investments | | | $— | | | $48,681,706 | | | $— | | | $48,681,706 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Power Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $1,054,876,706 | | | $— | | | $1,054,876,706 |
Total Investments | | | $— | | | $1,054,876,706 | | | $— | | | $1,054,876,706 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $70,181,000 | | | $— | | | $70,181,000 |
Total Investments | | | $— | | | $70,181,000 | | | $— | | | $70,181,000 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $1,000,731,599 | | | $— | | | $1,000,731,599 |
Total Investments | | | $— | | | $1,000,731,599 | | | $— | | | $1,000,731,599 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $31,869,551 | | | $— | | | $31,869,551 |
Total Investments | | | $— | | | $31,869,551 | | | $— | | | $31,869,551 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - June
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $ 638,980,540 | | | $— | | | $638,980,540 |
Total Investments | | | $— | | | $638,980,540 | | | $— | | | $638,980,540 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $26,197,380 | | | $— | | | $26,197,380 |
Total Investments | | | $— | | | $26,197,380 | | | $— | | | $26,197,380 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Power Buffer ETF - March
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $578,017,056 | | | $— | | | $578,017,056 |
Total Investments | | | $— | | | $578,017,056 | | | $— | | | $578,017,056 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $22,083,129 | | | $— | | | $22,083,129 |
Total Investments | | | $— | | | $22,083,129 | | | $— | | | $22,083,129 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - May
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $595,396,577 | | | $— | | | $595,396,577 |
Total Investments | | | $— | | | $595,396,577 | | | $— | | | $595,396,577 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $34,105,093 | | | $— | | | $34,105,093 |
Total Investments | | | $— | | | $34,105,093 | | | $— | | | $34,105,093 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - November
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $697,966,752 | | | $— | | | $697,966,752 |
Total Investments | | | $— | | | $697,966,752 | | | $— | | | $697,966,752 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $29,905,568 | | | $— | | | $29,905,568 |
Total Investments | | | $— | | | $29,905,568 | | | $— | | | $29,905,568 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Power Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $880,116,705 | | | $— | | | $880,116,705 |
Total Investments | | | $— | | | $880,116,705 | | | $— | | | $880,116,705 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $34,845,150 | | | $— | | | $34,845,150 |
Total Investments | | | $— | | | $34,845,150 | | | $— | | | $34,845,150 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Power Buffer ETF - September
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $924,567,449 | | | $— | | | $924,567,449 |
Total Investments | | | $— | | | $924,567,449 | | | $— | | | $924,567,449 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $35,510,125 | | | $— | | | $35,510,125 |
Total Investments | | | $— | | | $35,510,125 | | | $— | | | $35,510,125 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $149,677,800 | | | $— | | | $149,677,800 |
Total Investments | | | $— | | | $149,677,800 | | | $— | | | $149,677,800 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,133,784 | | | $— | | | $3,133,784 |
Total Investments | | | $— | | | $3,133,784 | | | $— | | | $3,133,784 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Ultra Buffer ETF - August
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $238,271,932 | | | $— | | | $238,271,932 |
Total Investments | | | $— | | | $238,271,932 | | | $— | | | $238,271,932 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $6,097,884 | | | $— | | | $6,097,884 |
Total Investments | | | $— | | | $6,097,884 | | | $— | | | $6,097,884 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - December
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $78,392,394 | | | $— | | | $78,392,394 |
Total Investments | | | $— | | | $78,392,394 | | | $— | | | $78,392,394 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $7,248,740 | | | $— | | | $7,248,740 |
Total Investments | | | $— | | | $7,248,740 | | | $— | | | $7,248,740 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - February
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $60,139,013 | | | $— | | | $60,139,013 |
Total Investments | | | $— | | | $60,139,013 | | | $— | | | $60,139,013 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,946,929 | | | $— | | | $3,946,929 |
Total Investments | | | $— | | | $3,946,929 | | | $— | | | $3,946,929 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Ultra Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $171,722,941 | | | $— | | | $171,722,941 |
Total Investments | | | $— | | | $171,722,941 | | | $— | | | $171,722,941 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $11,660,289 | | | $— | | | $11,660,289 |
Total Investments | | | $— | | | $11,660,289 | | | $— | | | $11,660,289 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $147,218,031 | | | $— | | | $147,218,031 |
Total Investments | | | $— | | | $147,218,031 | | | $— | | | $147,218,031 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,157,188 | | | $— | | | $3,157,188 |
Total Investments | | | $— | | | $3,157,188 | | | $— | | | $3,157,188 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - June
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $93,856,901 | | | $— | | | $93,856,901 |
Total Investments | | | $— | | | $93,856,901 | | | $— | | | $93,856,901 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,968,358 | | | $— | | | $2,968,358 |
Total Investments | | | $— | | | $2,968,358 | | | $— | | | $2,968,358 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Ultra Buffer ETF - March
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $84,426,433 | | | $— | | | $84,426,433 |
Total Investments | | | $— | | | $84,426,433 | | | $— | | | $84,426,433 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,690,295 | | | $— | | | $2,690,295 |
Total Investments | | | $— | | | $2,690,295 | | | $— | | | $2,690,295 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - May
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $55,310,049 | | | $— | | | $55,310,049 |
Total Investments | | | $— | | | $55,310,049 | | | $— | | | $55,310,049 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,704,570 | | | $— | | | $2,704,570 |
Total Investments | | | $— | | | $2,704,570 | | | $— | | | $2,704,570 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - November
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $40,250,133 | | | $— | | | $40,250,133 |
Total Investments | | | $— | | | $40,250,133 | | | $— | | | $40,250,133 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $1,252,251 | | | $— | | | $1,252,251 |
Total Investments | | | $— | | | $1,252,251 | | | $— | | | $1,252,251 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Equity Ultra Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $166,113,618 | | | $— | | | $166,113,618 |
Total Investments | | | $— | | | $166,113,618 | | | $— | | | $166,113,618 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,457,181 | | | $— | | | $4,457,181 |
Total Investments | | | $— | | | $4,457,181 | | | $— | | | $4,457,181 |
| | | | | | | | | | | | | |
Innovator U.S. Equity Ultra Buffer ETF - September
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $167,189,208 | | | $— | | | $167,189,208 |
Total Investments | | | $— | | | $167,189,208 | | | $— | | | $167,189,208 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,378,208 | | | $— | | | $4,378,208 |
Total Investments | | | $— | | | $4,378,208 | | | $— | | | $4,378,208 |
| | | | | | | | | | | | | |
Innovator U.S. Small Cap 10 Buffer ETF - Quarterly
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $118,612,056 | | | $— | | | $118,612,056 |
Total Investments | | | $— | | | $118,612,056 | | | $— | | | $118,612,056 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $3,129,849 | | | $— | | | $3,129,849 |
Total Investments | | | $— | | | $3,129,849 | | | $— | | | $3,129,849 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Small Cap Power Buffer ETF - April
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $184,138,910 | | | $— | | | $184,138,910 |
Total Investments | | | $— | | | $184,138,910 | | | $— | | | $184,138,910 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $4,594,679 | | | $— | | | $4,594,679 |
Total Investments | | | $— | | | $4,594,679 | | | $— | | | $4,594,679 |
| | | | | | | | | | | | | |
Innovator U.S. Small Cap Power Buffer ETF - August
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $71,324,286 | | | $— | | | $71,324,286 |
Total Investments | | | $— | | | $71,324,286 | | | $— | | | $71,324,286 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $2,739,066 | | | $— | | | $2,739,066 |
Total Investments | | | $— | | | $2,739,066 | | | $— | | | $2,739,066 |
| | | | | | | | | | | | | |
Innovator U.S. Small Cap Power Buffer ETF - January
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $405,686,220 | | | $— | | | $405,686,220 |
Total Investments | | | $— | | | $405,686,220 | | | $— | | | $405,686,220 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $5,324,748 | | | $— | | | $5,324,748 |
Total Investments | | | $— | | | $5,324,748 | | | $— | | | $5,324,748 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Small Cap Power Buffer ETF - July
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $162,589,494 | | | $— | | | $162,589,494 |
Total Investments | | | $— | | | $162,589,494 | | | $— | | | $162,589,494 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $8,112,808 | | | $— | | | $8,112,808 |
Total Investments | | | $— | | | $8,112,808 | | | $— | | | $8,112,808 |
| | | | | | | | | | | | | |
Innovator U.S. Small Cap Power Buffer ETF - June
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $11,007,629 | | | $— | | | $11,007,629 |
Total Investments | | | $— | | | $11,007,629 | | | $— | | | $11,007,629 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $463,777 | | | $— | | | $463,777 |
Total Investments | | | $— | | | $463,777 | | | $— | | | $463,777 |
| | | | | | | | | | | | | |
Innovator U.S. Small Cap Power Buffer ETF - November
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $1,325,068 | | | $— | | | $1,325,068 |
Total Investments | | | $— | | | $1,325,068 | | | $— | | | $1,325,068 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $75,168 | | | $— | | | $75,168 |
Total Investments | | | $— | | | $75,168 | | | $— | | | $75,168 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Innovator U.S. Small Cap Power Buffer ETF - October
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $156,065,391 | | | $— | | | $156,065,391 |
Total Investments | | | $— | | | $156,065,391 | | | $— | | | $156,065,391 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $8,216,478 | | | $— | | | $8,216,478 |
Total Investments | | | $— | | | $8,216,478 | | | $— | | | $8,216,478 |
| | | | | | | | | | | | | |
Innovator U.S. Small Cap Power Buffer ETF - September
| | | | | | | | | | | | | |
Assets:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Purchased Options | | | $— | | | $19,898,553 | | | $— | | | $19,898,553 |
Total Investments | | | $— | | | $19,898,553 | | | $— | | | $19,898,553 |
Liabilities:
| | | | | | | | | | | | |
Investments:
| | | | | | | | | | | | |
Written Options | | | $— | | | $963,078 | | | $— | | | $963,078 |
Total Investments | | | $— | | | $963,078 | | | $— | | | $963,078 |
| | | | | | | | | | | | | |
There were no Level 3 investments for the Funds during the year or period ended October 31, 2024.
Option Contracts: In general, an option contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).
The Funds invest primarily in FLEX Option contracts. FLEX Options are customized option contracts that trade on an exchange but provide investors with the ability to customize key contract terms like strike price, style and expiration date while achieving price discovery in competitive, transparent auctions markets and avoiding the counterparty exposure of over-the-counter options positions. Like traditional exchange-traded options, FLEX Options are guaranteed for settlement by the OCC, a market clearinghouse that guarantees performance by counterparties to certain derivatives contracts. The FLEX Options in which the Funds will invest are all European style options (options that are exercisable only on the expiration date). The FLEX Options are listed on the Chicago Board Options Exchange.
The Funds will purchase and sell call and put FLEX Options. In general, put options give the holder (i.e., the buyer) the right to sell an asset (or deliver the cash value of the index, in case of an index put option) and the seller (i.e., the writer) of the put has the obligation to buy the asset (or receive cash value of the index, in case of an index put option) at a certain defined price. Call options give the holder (i.e., the buyer) the right to buy an asset (or receive cash value of the index, in case of an index call option) and the seller (i.e., the writer) the obligation to sell the asset (or deliver cash value of the index, in case of an index call option) at a certain defined price.
When the Funds purchase an option, an amount equal to the premium paid by the Funds are recorded as an investment and is subsequently adjusted to the current value of the option purchased. If an option expires on the stipulated expiration date or if the Funds enter into a closing sale transaction, a gain or loss is realized. If a call option is exercised, the cost of the security acquired is increased by the premium paid for the call. If a put option is exercised, a gain or loss is realized from the sale of the underlying security, and the proceeds from such sale are decreased by the premium originally paid. Purchased options are non-income producing securities.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
When the Funds write an option, an amount equal to the premium received by the Funds are recorded as a liability and is subsequently adjusted to the current value of the option written. Premiums received from writing options that expire unexercised are treated by the Funds on the expiration date as realized gain from written options. The difference between the premium and the amount paid on effecting a closing purchase transaction, including brokerage commissions, is also treated as a realized gain, or if the premium is less than the amount paid for the closing purchase transaction, as a realized loss. If a call option is exercised, the premium is added to the proceeds from the sale of the underlying security in determining whether the Funds have realized a gain or loss. If a put option is exercised, the premium reduces the cost basis of the securities purchased by the Funds. The Funds, as writers of an option, bear the market risk of an unfavorable change in the price of the security underlying the written option.
All of the FLEX Option contracts held by the Funds are fully funded and cash settled, therefore balance sheet offsetting under U.S. GAAP does not apply.
The Funds bear the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Funds could suffer significant losses. Additionally, FLEX Options may be less liquid than certain other securities such as standardized options. In less liquid market for the FLEX Options, the Funds may have difficulty closing out certain FLEX Options positions at desired times and prices. The Funds may experience substantial downside from specific FLEX Option positions and certain FLEX Option positions may expire worthless. The value of the underlying FLEX Options will be affected by, among others, changes in the value of the exchange, changes in interest rates, changes in the actual and implied volatility of the Index and the remaining time to until the FLEX Options expire. The value of the FLEX Options does not increase or decrease at the same rate as the level of the Index (although they generally move in the same direction). However, as a FLEX Option approaches its expiration date, its value typically increasingly moves with the value of the Index.
The value of derivative instruments on the Statements of Assets and Liabilities for the Funds as of October 31, 2024 are as follows:
| | | | |
BALT | | | $ 912,747,346 | | | $12,821,998 |
EBUF | | | 10,409,802 | | | 193,005 |
EAPR | | | 68,174,505 | | | 1,751,610 |
EJAN | | | 129,767,765 | | | 1,746,523 |
EJUL | | | 90,029,940 | | | 3,243,240 |
EOCT | | | 55,596,985 | | | 2,427,047 |
ZAUG | | | 84,272,768 | | | 3,357,637 |
ZJUL | | | 119,811,471 | | | 4,525,591 |
ZNOV | | | 1,293,270 | | | 53,856 |
ZOCT | | | 71,756,740 | | | 2,548,580 |
ZSEP | | | 113,970,037 | | | 4,385,508 |
AAPR | | | 75,750,733 | | | 4,295,992 |
AJAN | | | 67,544,916 | | | 7,992,947 |
TJUL | | | 243,116,023 | | | 30,386,836 |
AJUL | | | 72,441,159 | | | 3,354,266 |
AOCT | | | 57,726,430 | | | 3,019,076 |
APOC | | | 77,144,353 | | | 1,741,080 |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
JAJL | | | $ 157,684,022 | | | $4,417,959 |
XDQQ | | | 35,182,848 | | | 951,130 |
QTAP | | | 17,660,225 | | | 3,359,292 |
QTJA | | | 38,914,954 | | | 10,217,936 |
QTJL | | | 19,719,093 | | | 2,775,046 |
QTOC | | | 9,890,920 | | | 1,556,865 |
NAPR | | | 201,581,827 | | | 7,430,220 |
NAUG | | | 17,606,687 | | | 870,895 |
NJAN | | | 212,066,092 | | | 11,218,844 |
NJUL | | | 276,479,424 | | | 10,575,729 |
NJUN | | | 28,338,836 | | | 1,383,851 |
NNOV | | | 1,325,844 | | | 80,912 |
NOCT | | | 170,351,539 | | | 9,733,147 |
NSEP | | | 38,086,055 | | | 2,128,738 |
IBUF | | | 5,779,377 | | | 73,510 |
IAPR | | | 204,066,418 | | | 2,420,484 |
IAUG | | | 15,092,796 | | | 443,969 |
IDEC | | | 10,892,993 | | | 35,656 |
IFEB | | | 11,892,510 | | | 71,006 |
IJAN | | | 181,260,245 | | | 841,633 |
IJUL | | | 163,330,235 | | | 4,213,771 |
IJUN | | | 24,103,163 | | | 381,125 |
IMAR | | | 13,017,387 | | | 93,612 |
IMAY | | | 9,075,888 | | | 114,958 |
INOV | | | 4,518,397 | | | 136,396 |
IOCT | | | 126,521,996 | | | 5,036,416 |
ISEP | | | 69,289,377 | | | 1,728,692 |
QBUF | | | 82,343,820 | | | 1,962,389 |
APRD | | | 833,865 | | | 979,517 |
JAND | | | 95,468 | | | 110,175 |
JULD | | | 818,110 | | | 959,994 |
OCTD | | | 1,301,711 | | | 1,519,929 |
LAPR | | | — | | | 26,292 |
LJAN | | | — | | | 15,208 |
LJUL | | | — | | | 30,399 |
LOCT | | | — | | | 392,830 |
APRH | | | 2,737,649 | | | 3,037,344 |
JANH | | | 254,920 | | | 281,125 |
JULH | | | 3,652,005 | | | 4,061,951 |
OCTH | | | 5,856,511 | | | 6,535,659 |
APRJ | | | 3,399,706 | | | 3,687,739 |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
JANJ | | | $ 535,108 | | | $586,241 |
JULJ | | | 3,640,223 | | | 3,970,099 |
OCTJ | | | 5,358,319 | | | 5,857,933 |
APRQ | | | 1,384,438 | | | 1,492,641 |
JANQ | | | 84,355 | | | 92,607 |
JULQ | | | 991,211 | | | 1,066,863 |
OCTQ | | | 2,383,736 | | | 2,580,916 |
HAPR | | | — | | | 19,239 |
HJAN | | | — | | | 23,569 |
HJUL | | | — | | | 22,308 |
HOCT | | | — | | | 471,990 |
ZALT | | | 260,203,366 | | | 3,910,276 |
EALT | | | 102,980,945 | | | 712,615 |
XBAP | | | 99,045,519 | | | 12,519,230 |
XBJA | | | 109,687,723 | | | 23,249,418 |
XBJL | | | 170,168,781 | | | 20,112,648 |
XBOC | | | 74,235,393 | | | 7,837,763 |
XDAP | | | 8,514,084 | | | 792,282 |
XDJA | | | 11,965,398 | | | 2,169,057 |
XDJL | | | 11,963,922 | | | 998,200 |
XDOC | | | 5,491,574 | | | 347,267 |
XDSQ | | | 52,441,174 | | | 987,214 |
XTAP | | | 13,323,240 | | | 2,423,624 |
XTJA | | | 24,150,042 | | | 7,097,102 |
XTJL | | | 13,660,274 | | | 2,206,145 |
XTOC | | | 16,316,068 | | | 2,065,339 |
BAPR | | | 265,533,263 | | | 5,090,539 |
BAUG | | | 186,754,843 | | | 6,350,652 |
BDEC | | | 133,299,461 | | | 8,049,410 |
BFEB | | | 137,525,052 | | | 6,643,372 |
BJAN | | | 263,907,778 | | | 11,329,554 |
BJUL | | | 266,661,208 | | | 7,521,565 |
BJUN | | | 155,594,575 | | | 5,054,915 |
BMAR | | | 177,448,176 | | | 3,873,816 |
BMAY | | | 136,018,471 | | | 5,420,967 |
BNOV | | | 103,760,820 | | | 4,442,505 |
BOCT | | | 242,290,616 | | | 9,817,444 |
BSEP | | | 209,546,734 | | | 7,839,665 |
PAPR | | | 806,742,825 | | | 22,245,240 |
PAUG | | | 882,658,317 | | | 32,700,182 |
PDEC | | | 811,648,320 | | | 75,475,104 |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
PFEB | | | $691,828,442 | | | $48,681,706 |
PJAN | | | 1,054,876,706 | | | 70,181,000 |
PJUL | | | 1,000,731,599 | | | 31,869,551 |
PJUN | | | 638,980,540 | | | 26,197,380 |
PMAR | | | 578,017,056 | | | 22,083,129 |
PMAY | | | 595,396,577 | | | 34,105,093 |
PNOV | | | 697,966,752 | | | 29,905,568 |
POCT | | | 880,116,705 | | | 34,845,150 |
PSEP | | | 924,567,449 | | | 35,510,125 |
UAPR | | | 149,677,800 | | | 3,133,784 |
UAUG | | | 238,271,932 | | | 6,097,884 |
UDEC | | | 78,392,394 | | | 7,248,740 |
UFEB | | | 60,139,013 | | | 3,946,929 |
UJAN | | | 171,722,941 | | | 11,660,289 |
UJUL | | | 147,218,031 | | | 3,157,188 |
UJUN | | | 93,856,901 | | | 2,968,358 |
UMAR | | | 84,426,433 | | | 2,690,295 |
UMAY | | | 55,310,049 | | | 2,704,570 |
UNOV | | | 40,250,133 | | | 1,252,251 |
UOCT | | | 166,113,618 | | | 4,457,181 |
USEP | | | 167,189,208 | | | 4,378,208 |
RBUF | | | 118,612,056 | | | 3,129,849 |
KAPR | | | 184,138,910 | | | 4,594,679 |
KAUG | | | 71,324,286 | | | 2,739,066 |
KJAN | | | 405,686,220 | | | 5,324,748 |
KJUL | | | 162,589,494 | | | 8,112,808 |
KJUN | | | 11,007,629 | | | 463,777 |
KNOV | | | 1,325,068 | | | 75,168 |
KOCT | | | 156,065,391 | | | 8,216,478 |
KSEP | | | 19,898,553 | | | 963,078 |
| | | | | | | |
| | | | |
TFJL | | | $ 76,727,706 | | | $ 105,300 |
TBJL | | | 15,481,427 | | | 383,032 |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
The effect of derivative instruments on the Statements of Operations for the year or period ended October 31, 2024:
| | | | |
BALT | | | $71,824,194 | | | $ 69,225,404 | | | $ (74,836,218) | | | $2,426,215 |
EBUF | | | 52,358 | | | 178,086 | | | (84,512) | | | (5,085) |
EAPR | | | (2,612,468) | | | 3,214,432 | | | 875,651 | | | 2,012,497 |
EJAN | | | 3,956,653 | | | 4,245,210 | | | 1,641,829 | | | 5,488,585 |
EJUL | | | 2,990,947 | | | 1,068,190 | | | 2,099,513 | | | 1,142,188 |
EOCT | | | 822,649 | | | 6,100,685 | | | 296,534 | | | 1,166,861 |
ZAUG | | | (36,918) | | | 139,251 | | | (7,936) | | | (11,464) |
ZJUL | | | (6,303) | | | 1,106,382 | | | (3,409) | | | (81,817) |
ZNOV | | | — | | | — | | | — | | | — |
ZOCT | | | — | | | — | | | — | | | — |
ZSEP | | | (1,165) | | | 78,286 | | | (1,314) | | | (8,468) |
AAPR | | | 3,427 | | | 1,150,256 | | | (131,408) | | | (17,821) |
AJAN | | | (36,729) | | | 4,575,300 | | | (68,212) | | | (1,013,903) |
TJUL | | | (379,733) | | | 18,101,292 | | | (920,635) | | | 475,442 |
AJUL | | | (514,561) | | | 368,403 | | | (191,163) | | | 64,041 |
AOCT | | | — | | | 30,293 | | | — | | | 5,563 |
APOC | | | — | | | — | | | — | | | — |
JAJL | | | (38,884) | | | 1,613,000 | | | (42,899) | | | (28,739) |
XDQQ | | | 13,963,617 | | | 2,527,691 | | | (7,163,690) | | | 511,331 |
QTAP | | | 4,624,254 | | | 6,726,732 | | | (5,998,311) | | | (2,507,299) |
QTJA | | | 13,267,498 | | | 11,194,960 | | | (19,913,955) | | | (3,283,752) |
QTJL | | | 4,313,719 | | | 4,038,021 | | | (3,665,676) | | | (1,589,295) |
QTOC | | | 1,444,143 | | | 7,635,716 | | | (4,181,207) | | | (2,515,321) |
NAPR | | | (5,467,876) | | | 45,180,493 | | | (17,000,074) | | | 1,766,071 |
NAUG | | | (1,782) | | | 75,827 | | | (823) | | | 16,626 |
NJAN | | | 29,323,758 | | | 9,225,413 | | | (16,192,866) | | | (87,219) |
NJUL | | | (10,409,611) | | | 58,301,576 | | | (15,015,625) | | | 4,920,092 |
NJUN | | | 3,964 | | | 812,190 | | | (27,354) | | | 172,708 |
NNOV | | | — | | | — | | | — | | | — |
NOCT | | | (4,587,345) | | | 46,468,461 | | | (15,019,541) | | | (1,913,503) |
NSEP | | | (39,389) | | | 101,061 | | | (21,474) | | | 19,181 |
IBUF | | | (8,505) | | | 173,605 | | | (52,316) | | | (8,136) |
IAPR | | | 4,666,200 | | | 12,280,401 | | | 2,197,031 | | | 5,436,055 |
IAUG | | | — | | | 38,766 | | | — | | | 17,561 |
IDEC | | | 75,063 | | | 257,652 | | | (6,118) | | | 37,534 |
IFEB | | | (1,030) | | | 261,133 | | | 9 | | | 61,954 |
IJAN | | | 6,562,534 | | | 3,735,965 | | | 3,510,222 | | | 894,017 |
IJUL | | | (196,575) | | | 11,833,386 | | | 1,449,602 | | | 3,668,344 |
IJUN | | | (1,750) | | | 99,609 | | | — | | | 21,157 |
IMAR | | | 377 | | | 257,084 | | | 33 | | | 73,828 |
IMAY | | | (1,327) | | | 130,532 | | | (219) | | | 11,369 |
INOV | | | (227,962) | | | 597,604 | | | 46,414 | | | 74,251 |
IOCT | | | (3,195,613) | | | 22,765,942 | | | (1,984,595) | | | 1,649,238 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
ISEP | | | $(1,780,824) | | | $8,018,173 | | | $12,071 | | | $960,943 |
QBUF | | | (256,655) | | | 213,343 | | | 4,082 | | | 265,164 |
APRD | | | (2,158,838) | | | (221,779) | | | 1,965,173 | | | 431,584 |
JAND | | | (2,375) | | | (60,977) | | | 9,378 | | | 251,816 |
JULD | | | (965,694) | | | (125,601) | | | 1,076,839 | | | 380,705 |
OCTD | | | (1,123,405) | | | — | | | 1,313,145 | | | — |
LAPR | | | — | | | — | | | — | | | — |
LJAN | | | — | | | — | | | 9 | | | 132,870 |
LJUL | | | — | | | — | | | — | | | — |
LOCT | | | — | | | — | | | 682 | | | 265,051 |
APRH | | | (8,619,854) | | | (135,271) | | | 7,858,252 | | | 745,645 |
JANH | | | (37,535) | | | (17,114) | | | 169,500 | | | 138,770 |
JULH | | | (5,638,438) | | | (302,642) | | | 5,966,603 | | | 643,060 |
OCTH | | | (4,663,089) | | | (126,324) | | | 4,689,425 | | | 635,006 |
APRJ | | | (12,071,877) | | | (1,037,323) | | | 10,938,642 | | | 1,914,675 |
JANJ | | | (84,510) | | | (94,465) | | | 503,299 | | | 232,294 |
JULJ | | | (5,244,539) | | | (427,806) | | | 5,368,543 | | | 602,270 |
OCTJ | | | (4,768,766) | | | (185,633) | | | 4,236,133 | | | 1,150,881 |
APRQ | | | (6,356,119) | | | (1,201,680) | | | 5,083,985 | | | 1,437,899 |
JANQ | | | (587,876) | | | — | | | 874,899 | | | — |
JULQ | | | (1,201,816) | | | (9,411) | | | 1,313,672 | | | 7,151 |
OCTQ | | | (1,628,409) | | | (53,097) | | | 1,178,197 | | | 621,865 |
HAPR | | | — | | | — | | | — | | | — |
HJAN | | | — | | | — | | | — | | | — |
HJUL | | | — | | | — | | | — | | | 6,304 |
HOCT | | | — | | | — | | | 967 | | | 258,575 |
ZALT | | | 650,965 | | | 18,861,456 | | | (7,740,662) | | | 2,563,273 |
EALT | | | (435,596) | | | 13,947,916 | | | (1,252,417) | | | 917,651 |
XBAP | | | 16,841,737 | | | 11,097,370 | | | (18,184,070) | | | 38,994 |
XBJA | | | 4,600,281 | | | 15,173,744 | | | (9,287,262) | | | (577,786) |
XBJL | | | 15,176,221 | | | 10,514,636 | | | (14,722,042) | | | (590,885) |
XBOC | | | 12,605,340 | | | 23,425,168 | | | (24,133,683) | | | (2,768,021) |
XDAP | | | 707,739 | | | 1,704,896 | | | (1,226,497) | | | (280,120) |
XDJA | | | 1,271,332 | | | 228,992 | | | (675,405) | | | (34,693) |
XDJL | | | 2,195,799 | | | 764,536 | | | (1,443,797) | | | (182,493) |
XDOC | | | 2,454,545 | | | 706,098 | | | (2,041,123) | | | (198,982) |
XDSQ | | | 18,995,695 | | | 11,339,227 | | | (14,994,836) | | | (487,588) |
XTAP | | | 2,815,783 | | | 2,228,514 | | | (2,545,169) | | | (847,403) |
XTJA | | | 2,957,529 | | | 5,993,972 | | | (3,441,147) | | | (757,306) |
XTJL | | | 3,857,744 | | | 2,028,916 | | | (2,860,104) | | | (878,746) |
XTOC | | | 6,329,069 | | | 7,548,174 | | | (7,667,776) | | | (3,298,715) |
BAPR | | | (7,701,252) | | | 43,754,052 | | | (9,201,821) | | | 5,858,305 |
BAUG | | | (3,152,236) | | | 34,984,581 | | | 478,332 | | | 5,570,473 |
BDEC | | | 2,454,588 | | | 9,015,779 | | | 3,893,031 | | | 995,045 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
BFEB | | | $2,394,133 | | | $21,464,561 | | | $1,545,204 | | | $2,432,705 |
BJAN | | | 24,650,934 | | | 5,633,500 | | | 7,445,355 | | | (123,300) |
BJUL | | | (5,563,626) | | | 57,537,266 | | | (5,233,400) | | | 6,870,035 |
BJUN | | | 10,563,511 | | | 8,919,969 | | | (2,254,560) | | | 926,229 |
BMAR | | | 6,705,015 | | | 15,076,956 | | | (3,423,841) | | | 1,931,908 |
BMAY | | | 3,871,449 | | | 14,223,927 | | | 1,288,609 | | | 2,041,063 |
BNOV | | | (7,570,123) | | | 37,289,931 | | | (12,435,656) | | | 2,420,229 |
BOCT | | | 6,900,125 | | | 42,012,369 | | | (18,179,713) | | | 2,690,779 |
BSEP | | | 2,008,533 | | | 30,525,344 | | | (4,758,029) | | | 2,977,567 |
PAPR | | | (15,714,611) | | | 154,509,692 | | | (51,524,921) | | | 13,074,205 |
PAUG | | | 3,745,903 | | | 120,495,894 | | | (9,417,368) | | | 10,066,999 |
PDEC | | | (17,941,918) | | | 77,269,793 | | | 3,568,387 | | | 18,211,144 |
PFEB | | | 11,705,003 | | | 68,834,120 | | | (6,539,545) | | | 1,630,594 |
PJAN | | | 61,878,124 | | | 66,209,399 | | | (3,292,129) | | | (2,783,129) |
PJUL | | | 15,797,159 | | | 152,935,707 | | | (48,086,562) | | | 8,205,154 |
PJUN | | | 52,086,429 | | | 51,360,541 | | | (29,721,139) | | | (639,857) |
PMAR | | | 27,426,280 | | | 63,169,217 | | | (26,847,295) | | | 3,181,069 |
PMAY | | | 38,274,888 | | | 37,353,992 | | | (8,936,189) | | | 1,096,062 |
PNOV | | | (44,990,113) | | | 263,117,012 | | | (108,741,745) | | | (64,743) |
POCT | | | (15,041,101) | | | 206,743,067 | | | (88,206,271) | | | 426,255 |
PSEP | | | 12,778,724 | | | 130,634,413 | | | (44,343,621) | | | 5,775,673 |
UAPR | | | (2,217,119) | | | 26,902,166 | | | (8,081,858) | | | 53,767 |
UAUG | | | (5,542,550) | | | 65,455,166 | | | (7,410,646) | | | (1,205,281) |
UDEC | | | (2,159,218) | | | 10,849,299 | | | 98,635 | | | 259,142 |
UFEB | | | 4,472,253 | | | 8,712,872 | | | (1,489,291) | | | (1,116,440) |
UJAN | | | 18,871,972 | | | 8,346,321 | | | (3,605,541) | | | (1,703,142) |
UJUL | | | 1,740,592 | | | 16,978,843 | | | (4,740,010) | | | 14,025 |
UJUN | | | 6,733,925 | | | 7,548,635 | | | (4,643,855) | | | (898,727) |
UMAR | | | 8,112,051 | | | 7,985,699 | | | (3,714,268) | | | (935,369) |
UMAY | | | 6,699,937 | | | 5,048,118 | | | (1,798,292) | | | (1,220,607) |
UNOV | | | (2,567,147) | | | 17,520,777 | | | (6,515,440) | | | (1,449,184) |
UOCT | | | 6,080,695 | | | 22,618,162 | | | (14,248,222) | | | (386,581) |
USEP | | | 2,911,705 | | | 14,060,099 | | | (4,670,380) | | | (915,482) |
RBUF | | | (115,918) | | | 361,321 | | | (100,939) | | | 66,825 |
KAPR | | | 5,481,699 | | | 12,005,156 | | | 3,370,871 | | | 5,600,443 |
KAUG | | | (7,161) | | | (1,442,233) | | | (1,342) | | | 501,869 |
KJAN | | | 11,858,856 | | | 6,738,812 | | | 7,415,902 | | | 3,601,450 |
KJUL | | | 1,585,722 | | | 4,446,788 | | | 4,695,915 | | | 2,790,089 |
KJUN | | | 1,183 | | | 131,745 | | | (1,054) | | | 19,110 |
KNOV | | | — | | | — | | | — | | | — |
KOCT | | | (4,557,568) | | | 20,369,304 | | | (2,751,469) | | | 2,116,038 |
KSEP | | | — | | | — | | | — | | | — |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
TFJL | | | $(715,469) | | | $6,413,259 | | | $ (511,908) | | | $ 122,929 |
TBJL | | | (2,573,149) | | | 290,479 | | | 1,113,950 | | | 819 |
| | | | | | | | | | | | | |
(a)
| Amount is included in realized gain/(loss) on investments on the Statements of Operations. |
(b)
| Amount is included in realized gain/(loss) in-kind on the Statements of Operations. |
| | | | |
BALT | | | $ 1,558,706 | | | $385,959 |
EBUF | | | (332,638) | | | 143,944 |
EAPR | | | 6,294,663 | | | (813,519) |
EJAN | | | 12,836,673 | | | (887,423) |
EJUL | | | 6,865,471 | | | (749,802) |
EOCT | | | (466,574) | | | (43,245) |
ZAUG | | | 3,147,815 | | | (1,296,612) |
ZJUL | | | 3,150,663 | | | (797,412) |
ZNOV | | | (106) | | | (54) |
ZOCT | | | (367,778) | | | 295,927 |
ZSEP | | | 1,969,447 | | | (969,209) |
AAPR | | | 4,997,521 | | | (1,565,421) |
AJAN | | | 6,995,192 | | | (5,547,237) |
TJUL | | | 38,685,507 | | | (27,324,380) |
AJUL | | | 2,920,819 | | | (473,030) |
AOCT | | | (337,948) | | | 94,958 |
APOC | | | (259,696) | | | 367,527 |
JAJL | | | 3,539,850 | | | (885,086) |
XDQQ | | | 724,866 | | | (301,073) |
QTAP | | | 1,015,690 | | | (1,079,002) |
QTJA | | | (1,150,182) | | | 4,323,921 |
QTJL | | | 2,432,926 | | | (1,573,375) |
QTOC | | | 560,028 | | | (444,156) |
NAPR | | | 4,710,945 | | | (1,557,482) |
NAUG | | | 512,203 | | | 83,232 |
NJAN | | | 6,948,848 | | | 505,470 |
NJUL | | | 12,099,713 | | | (2,736,946) |
NJUN | | | 511,442 | | | (91,803) |
NNOV | | | (115) | | | (118) |
NOCT | | | 2,736,133 | | | (1,078,261) |
NSEP | | | 740,785 | | | (33,174) |
IBUF | | | (108,848) | | | 31,862 |
IAPR | | | 12,503,936 | | | (2,542,684) |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
IAUG | | | $ (95,129) | | | $44,457 |
IDEC | | | 596,080 | | | 196,509 |
IFEB | | | 152,830 | | | 179,983 |
IJAN | | | 11,253,403 | | | 116,662 |
IJUL | | | 7,395,638 | | | (407,535) |
IJUN | | | (250,771) | | | 50,273 |
IMAR | | | 15,295 | | | 147,688 |
IMAY | | | 19,085 | | | 50,696 |
INOV | | | (414) | | | (417) |
IOCT | | | (2,878,575) | | | (647,956) |
ISEP | | | (967,574) | | | 415,398 |
QBUF | | | (790,206) | | | 708,141 |
APRD | | | 285,462 | | | 80,672 |
JAND | | | (794,586) | | | 743,956 |
JULD | | | (591,917) | | | 535,663 |
OCTD | | | 7,135 | | | (3,815) |
LAPR | | | — | | | 32,224 |
LJAN | | | — | | | 122,323 |
LJUL | | | — | | | 10,304 |
LOCT | | | — | | | (16,034) |
APRH | | | 3,297,355 | | | (2,479,128) |
JANH | | | (1,671,414) | | | 1,614,855 |
JULH | | | (705,365) | | | 938,063 |
OCTH | | | 313,243 | | | (344,225) |
APRJ | | | 6,193,786 | | | (5,310,243) |
JANJ | | | (3,152,570) | | | 2,872,206 |
JULJ | | | 559,090 | | | (337,453) |
OCTJ | | | 438,817 | | | (472,076) |
APRQ | | | 4,547,170 | | | (3,322,174) |
JANQ | | | (546,537) | | | 344,216 |
JULQ | | | (12,770) | | | (9,070) |
OCTQ | | | 183,561 | | | (218,064) |
HAPR | | | — | | | 21,780 |
HJAN | | | — | | | 202,832 |
HJUL | | | — | | | 4,061 |
HOCT | | | — | | | (10,199) |
ZALT | | | (1,208,790) | | | 1,522,323 |
EALT | | | (691,530) | | | 346,385 |
XBAP | | | 12,191,688 | | | (8,913,550) |
XBJA | | | 23,547,585 | | | (20,548,496) |
XBJL | | | 12,780,320 | | | (6,749,409) |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
XBOC | | | $1,380,398 | | | $(1,086,327) |
XDAP | | | 1,061,528 | | | (522,836) |
XDJA | | | 2,362,809 | | | (1,630,968) |
XDJL | | | 1,628,918 | | | (715,729) |
XDOC | | | 82,961 | | | (54,532) |
XDSQ | | | 2,125,491 | | | (1,011,750) |
XTAP | | | 2,435,925 | | | (2,024,741) |
XTJA | | | 4,668,733 | | | (6,227,146) |
XTJL | | | 3,562,600 | | | (2,412,771) |
XTOC | | | 573,826 | | | (457,620) |
BAPR | | | 17,022,384 | | | (2,260,306) |
BAUG | | | 13,452,900 | | | 1,891,475 |
BDEC | | | 23,957,048 | | | (10,032,069) |
BFEB | | | 14,324,625 | | | (6,641,160) |
BJAN | | | 31,229,995 | | | (11,364,685) |
BJUL | | | 22,383,998 | | | 1,211,895 |
BJUN | | | 9,975,528 | | | (2,255,301) |
BMAR | | | 12,477,460 | | | (2,036,411) |
BMAY | | | 14,420,710 | | | (4,293,995) |
BNOV | | | (692) | | | (789) |
BOCT | | | 1,507,443 | | | (166,434) |
BSEP | | | 9,436,587 | | | 1,220,225 |
PAPR | | | 51,115,208 | | | (18,693,565) |
PAUG | | | 67,374,669 | | | (6,410,315) |
PDEC | | | 147,726,279 | | | (83,353,872) |
PFEB | | | 82,264,258 | | | (45,995,305) |
PJAN | | | 128,168,624 | | | (70,770,049) |
PJUL | | | 73,065,796 | | | (12,785,134) |
PJUN | | | 43,926,629 | | | (19,248,889) |
PMAR | | | 39,931,846 | | | (18,247,468) |
PMAY | | | 60,456,232 | | | (29,865,498) |
PNOV | | | 1,289 | | | 666 |
POCT | | | 5,573,004 | | | (3,397,344) |
PSEP | | | 40,871,493 | | | (6,113,837) |
UAPR | | | 10,616,999 | | | (3,146,061) |
UAUG | | | 20,089,602 | | | (3,419,656) |
UDEC | | | 14,801,567 | | | (7,525,648) |
UFEB | | | 6,410,399 | | | (4,304,437) |
UJAN | | | 19,182,382 | | | (12,954,428) |
UJUL | | | 12,945,314 | | | (2,823,963) |
UJUN | | | 6,596,164 | | | (2,331,633) |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
UMAR | | | $ 6,590,628 | | | $(2,122,964) |
UMAY | | | 5,827,385 | | | (2,973,902) |
UNOV | | | (534) | | | (562) |
UOCT | | | 780,975 | | | (378,375) |
USEP | | | 6,219,710 | | | (1,360,474) |
RBUF | | | (577,273) | | | 48,922 |
KAPR | | | 10,743,841 | | | (1,479,784) |
KAUG | | | (723,225) | | | 242,541 |
KJAN | | | 24,129,409 | | | 4,457,169 |
KJUL | | | 21,665,570 | | | (2,329,644) |
KJUN | | | 517,750 | | | (33,940) |
KNOV | | | (183) | | | (185) |
KOCT | | | 1,090,698 | | | 91,874 |
KSEP | | | 46,390 | | | 99,768 |
| | | | | | | |
| | | | |
TBJL | | | $(2,084,066) | | | $ 384,510 |
TFJL | | | 4,583,152 | | | 6,307,963 |
| | | | | | | |
(c)
| Amount is included in the change in unrealized appreciation/(depreciation) on investments on the Statements of Operations. |
The average volume of derivative activity during the year or period ended October 31, 2024, is as follows:
| | | | | | | |
TFJL | | | $ 50,411,751 | | | $(73,446) |
TBJL | | | 58,235,982 | | | (1,853,059) |
BALT | | | 687,553,638 | | | (13,376,055) |
EBUF | | | 4,017,784 | | | (73,858) |
EAPR | | | 73,357,039 | | | (1,674,427) |
EJAN | | | 181,544,581 | | | (4,185,231) |
EJUL | | | 96,111,875 | | | (2,179,441) |
EOCT | | | 41,524,659 | | | (899,742) |
ZAUG | | | 61,693,008 | | | (2,496,029) |
ZJUL | | | 99,834,078 | | | (3,704,375) |
ZNOV | | | 1,293,270 | | | (53,856) |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
ZOCT | | | $ 36,529,790 | | | $(1,300,459) |
ZSEP | | | 74,696,346 | | | (3,017,391) |
AAPR | | | 62,359,640 | | | (3,033,901) |
AJAN | | | 68,740,891 | | | (6,343,481) |
TJUL | | | 249,114,072 | | | (22,270,056) |
AJUL | | | 55,119,440 | | | (2,395,745) |
AOCT | | | 29,517,759 | | | (1,543,990) |
APOC | | | 39,219,296 | | | (889,504) |
JAJL | | | 132,395,539 | | | (3,976,119) |
XDQQ | | | 34,322,169 | | | (1,281,177) |
QTAP | | | 17,999,499 | | | (4,720,333) |
QTJA | | | 36,794,062 | | | (9,687,711) |
QTJL | | | 18,088,989 | | | (3,520,693) |
QTOC | | | 15,969,904 | | | (5,059,267) |
NAPR | | | 180,404,757 | | | (10,540,348) |
NAUG | | | 13,674,428 | | | (686,656) |
NJAN | | | 220,976,420 | | | (13,317,838) |
NJUL | | | 242,712,700 | | | (10,421,768) |
NJUN | | | 26,193,530 | | | (1,399,312) |
NNOV | | | 1,325,844 | | | (80,912) |
NOCT | | | 161,796,000 | | | (13,874,402) |
NSEP | | | 24,582,183 | | | (1,401,567) |
IBUF | | | 3,770,293 | | | (81,101) |
IAPR | | | 230,882,670 | | | (2,717,895) |
IAUG | | | 11,945,707 | | | (343,479) |
IDEC | | | 12,375,405 | | | (214,982) |
IFEB | | | 11,992,279 | | | (212,603) |
IJAN | | | 192,960,719 | | | (3,411,609) |
IJUL | | | 172,538,236 | | | (2,325,057) |
IJUN | | | 19,580,790 | | | (373,743) |
IMAR | | | 13,971,623 | | | (210,030) |
IMAY | | | 8,840,637 | | | (145,555) |
INOV | | | 3,484,275 | | | (136,495) |
IOCT | | | 116,319,992 | | | (3,092,443) |
ISEP | | | 49,078,350 | | | (697,875) |
QBUF | | | 22,469,642 | | | (518,190) |
APRD | | | 815,566 | | | (962,029) |
JAND | | | 316,761 | | | (371,350) |
JULD | | | 387,041 | | | (455,821) |
OCTD | | | 386,493 | | | (451,388) |
LAPR | | | — | | | (31,234) |
LJAN | | | — | | | (75,996) |
LJUL | | | — | | | (26,211) |
LOCT | | | — | | | (110,313) |
APRH | | | 2,695,106 | | | (3,006,998) |
JANH | | | 636,101 | | | (707,180) |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
JULH | | | $2,131,220 | | | $(2,378,869) |
OCTH | | | 1,687,495 | | | (1,876,789) |
APRJ | | | 3,270,970 | | | (3,568,281) |
JANJ | | | 1,321,749 | | | (1,438,402) |
JULJ | | | 1,993,354 | | | (2,174,721) |
OCTJ | | | 1,688,956 | | | (1,839,847) |
APRQ | | | 1,332,073 | | | (1,439,741) |
JANQ | | | 471,622 | | | (510,199) |
JULQ | | | 511,637 | | | (551,667) |
OCTQ | | | 665,439 | | | (717,839) |
HAPR | | | — | | | (25,439) |
HJAN | | | — | | | (69,243) |
HJUL | | | — | | | (27,551) |
HOCT | | | — | | | (127,055) |
ZALT | | | 127,167,473 | | | (2,165,970) |
EALT | | | 62,217,200 | | | (365,016) |
XBAP | | | 94,167,915 | | | (12,269,311) |
XBJA | | | 108,141,584 | | | (18,190,402) |
XBJL | | | 118,473,591 | | | (14,963,596) |
XBOC | | | 88,576,570 | | | (19,051,624) |
XDAP | | | 7,273,136 | | | (701,506) |
XDJA | | | 9,517,332 | | | (1,349,340) |
XDJL | | | 10,211,613 | | | (988,911) |
XDOC | | | 7,318,490 | | | (1,382,484) |
XDSQ | | | 59,485,607 | | | (2,017,346) |
XTAP | | | 11,982,276 | | | (2,229,942) |
XTJA | | | 23,127,070 | | | (5,519,508) |
XTJL | | | 14,316,103 | | | (2,590,974) |
XTOC | | | 24,045,455 | | | (7,028,608) |
BAPR | | | 229,534,235 | | | (5,073,088) |
BAUG | | | 192,478,845 | | | (3,559,935) |
BDEC | | | 143,078,607 | | | (6,590,779) |
BFEB | | | 173,620,923 | | | (6,456,519) |
BJAN | | | 252,001,455 | | | (8,787,275) |
BJUL | | | 270,739,086 | | | (5,368,593) |
BJUN | | | 123,200,532 | | | (3,866,602) |
BMAR | | | 157,851,782 | | | (3,748,075) |
BMAY | | | 130,126,285 | | | (4,422,953) |
BNOV | | | 117,455,341 | | | (9,124,574) |
BOCT | | | 192,165,055 | | | (9,998,914) |
BSEP | | | 169,368,202 | | | (4,492,802) |
PAPR | | | 781,967,820 | | | (24,400,414) |
PAUG | | | 845,992,219 | | | (22,480,610) |
PDEC | | | 844,514,235 | | | (57,217,643) |
PFEB | | | 683,178,666 | | | (35,677,537) |
PJAN | | | 1,082,509,416 | | | (53,285,621) |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
PJUL | | | $ 945,133,866 | | | $(28,905,956) |
PJUN | | | 588,006,968 | | | (27,415,717) |
PMAR | | | 566,946,268 | | | (20,368,339) |
PMAY | | | 541,258,119 | | | (28,071,994) |
PNOV | | | 823,107,847 | | | (84,361,484) |
POCT | | | 734,521,516 | | | (53,246,580) |
PSEP | | | 774,933,942 | | | (31,102,978) |
UAPR | | | 140,381,324 | | | (3,576,528) |
UAUG | | | 265,423,994 | | | (5,403,447) |
UDEC | | | 85,847,355 | | | (5,358,370) |
UFEB | | | 73,968,712 | | | (3,387,585) |
UJAN | | | 176,196,143 | | | (8,372,252) |
UJUL | | | 115,158,710 | | | (2,902,291) |
UJUN | | | 77,504,758 | | | (3,381,924) |
UMAR | | | 103,771,439 | | | (2,976,784) |
UMAY | | | 61,356,334 | | | (3,003,425) |
UNOV | | | 53,789,781 | | | (5,363,976) |
UOCT | | | 109,620,154 | | | (7,801,080) |
USEP | | | 91,826,756 | | | (3,094,590) |
RBUF | | | 27,678,445 | | | (833,083) |
KAPR | | | 169,517,128 | | | (4,959,248) |
KAUG | | | 37,599,727 | | | (1,508,404) |
KJAN | | | 379,330,924 | | | (11,335,496) |
KJUL | | | 160,972,156 | | | (5,490,581) |
KJUN | | | 10,084,547 | | | (495,761) |
KNOV | | | 1,325,068 | | | (75,168) |
KOCT | | | 96,282,801 | | | (4,960,781) |
KSEP | | | 13,774,804 | | | (693,893) |
| | | | | | | |
Use of Estimates: In preparing financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from these estimates.
Guarantees and Indemnifications: In the normal course of business, the Trust may enter into a contract with service providers that contain general indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims against the Trust that have not yet occurred. Based on experience, the Trust expects the risk of loss to be remote.
Tax Information: The Funds are treated as separate entities for federal income tax purposes. The Funds intend to qualify as regulated investment companies (“RICs”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). To qualify and remain eligible for the special tax treatment accorded to RICs, the Funds must meet certain annual income and quarterly asset diversification requirements and must distribute annually at least 90% of the sum of (i) its investment company taxable income (which includes dividends, interest and net short-term capital gains) and (ii) certain net tax-exempt income, if any. If so qualified, the Funds will not be subject to federal income tax to the extent the Funds distribute all of their net investment income and capital gains to shareholders.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
Management evaluates the Funds’ tax positions to determine if the tax positions taken meet the minimum recognition threshold in connection with accounting for uncertainties in income tax positions taken or expected to be taken for the purposes of measuring and recognizing tax liabilities in the financial statements. Tax benefits associated with an uncertain tax position can be recognized only when the position is “more likely than not” to be sustained assuming examination by taxing authorities. Interest and penalties related to income taxes would be recorded as tax expense in the Statements of Operations. During the year or period ended October 31, 2024, the Funds did not incur any interest or penalties. The Funds’ federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. As of October 31, 2024, the Funds did not have a liability for any unrecognized tax benefits. As of October 31, 2024, the Funds have no examinations in progress and management is not aware of any tax positions for which it is reasonably possible that the amounts of unrecognized tax benefits will significantly change in the next twelve months.
U.S. GAAP requires that certain components of net assets be reclassified between distributable earnings/(accumulated deficit) and additional paid-in capital. These reclassifications have no effect on net assets or net asset value per share. For the year or period ended October 31, 2024, the Funds made the following permanent book-to-tax reclassifications due to net operating losses and redemption in-kind transactions:
| | | | | | | |
TFJL | | | $(6,454,068) | | | $6,454,068 |
TBJL | | | 205,904 | | | (205,904) |
BALT | | | (68,804,992) | | | 68,804,992 |
EBUF | | | (173,001) | | | 173,001 |
EAPR | | | (4,734,938) | | | 4,734,938 |
EJAN | | | (8,421,300) | | | 8,421,300 |
EJUL | | | (1,359,812) | | | 1,359,812 |
EOCT | | | (7,178,468) | | | 7,178,468 |
ZAUG | | | (127,787) | | | 127,787 |
ZJUL | | | (1,024,565) | | | 1,024,565 |
ZNOV | | | — | | | — |
ZOCT | | | — | | | — |
ZSEP | | | (69,818) | | | 69,818 |
AAPR | | | (1,132,435) | | | 1,132,435 |
AJAN | | | (3,561,397) | | | 3,561,397 |
TJUL | | | (18,016,840) | | | 18,016,840 |
AJUL | | | (432,444) | | | 432,444 |
AOCT | | | (35,856) | | | 35,856 |
APOC | | | — | | | — |
JAJL | | | (1,584,261) | | | 1,584,261 |
XDQQ | | | (3,471,434) | | | 3,471,434 |
QTAP | | | (4,121,796) | | | 4,121,796 |
QTJA | | | (7,685,645) | | | 7,685,645 |
QTJL | | | (2,351,790) | | | 2,351,790 |
QTOC | | | (5,018,558) | | | 5,018,558 |
NAPR | | | (46,048,559) | | | 46,048,559 |
NAUG | | | (92,453) | | | 92,453 |
NJAN | | | (8,467,682) | | | 8,467,682 |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
NJUL | | | $(61,896,520) | | | $61,896,520 |
NJUN | | | (984,898) | | | 984,898 |
NNOV | | | — | | | — |
NOCT | | | (43,916,651) | | | 43,916,651 |
NSEP | | | (120,242) | | | 120,242 |
IBUF | | | (165,469) | | | 165,469 |
IAPR | | | (15,964,237) | | | 15,964,237 |
IAUG | | | (56,327) | | | 56,327 |
IDEC | | | (295,186) | | | 295,186 |
IFEB | | | (323,087) | | | 323,087 |
IJAN | | | (3,333,957) | | | 3,333,957 |
IJUL | | | (14,105,832) | | | 14,105,832 |
IJUN | | | (120,766) | | | 120,766 |
IMAR | | | (330,912) | | | 330,912 |
IMAY | | | (141,901) | | | 141,901 |
INOV | | | (668,614) | | | 668,614 |
IOCT | | | (23,529,865) | | | 23,529,865 |
ISEP | | | (8,883,409) | | | 8,883,409 |
QBUF | | | (478,507) | | | 478,507 |
APRD | | | (30,383) | | | 30,383 |
JAND | | | (6,913) | | | 6,913 |
JULD | | | (79,830) | | | 79,830 |
OCTD | | | — | | | — |
LAPR | | | — | | | — |
LJAN | | | (132,870) | | | 132,870 |
LJUL | | | — | | | — |
LOCT | | | (265,051) | | | 265,051 |
APRH | | | — | | | — |
JANH | | | (10,906) | | | 10,906 |
JULH | | | (36,262) | | | 36,262 |
OCTH | | | — | | | — |
APRJ | | | — | | | — |
JANJ | | | (34,648) | | | 34,648 |
JULJ | | | (45,183) | | | 45,183 |
OCTJ | | | — | | | — |
APRQ | | | — | | | — |
JANQ | | | (41,905) | | | 41,905 |
JULQ | | | — | | | — |
OCTQ | | | — | | | — |
HAPR | | | — | | | — |
HJAN | | | — | | | — |
HJUL | | | (6,304) | | | 6,304 |
HOCT | | | (258,575) | | | 258,575 |
ZALT | | | (21,376,714) | | | 21,376,714 |
EALT | | | (14,845,503) | | | 14,845,503 |
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XBAP | | | $(10,701,426) | | | $10,701,426 |
XBJA | | | (14,102,824) | | | 14,102,824 |
XBJL | | | (9,483,025) | | | 9,483,025 |
XBOC | | | (20,250,768) | | | 20,250,768 |
XDAP | | | (1,383,083) | | | 1,383,083 |
XDJA | | | (118,316) | | | 118,316 |
XDJL | | | (544,182) | | | 544,182 |
XDOC | | | (313,664) | | | 313,664 |
XDSQ | | | (11,198,957) | | | 11,198,957 |
XTAP | | | (1,323,120) | | | 1,323,120 |
XTJA | | | (5,125,969) | | | 5,125,969 |
XTJL | | | (1,038,620) | | | 1,038,620 |
XTOC | | | (4,102,545) | | | 4,102,545 |
BAPR | | | (48,425,555) | | | 48,425,555 |
BAUG | | | (39,314,321) | | | 39,314,321 |
BDEC | | | (9,163,426) | | | 9,163,426 |
BFEB | | | (23,074,352) | | | 23,074,352 |
BJAN | | | (4,203,746) | | | 4,203,746 |
BJUL | | | (63,942,710) | | | 63,942,710 |
BJUN | | | (8,850,914) | | | 8,850,914 |
BMAR | | | (16,280,869) | | | 16,280,869 |
BMAY | | | (15,246,015) | | | 15,246,015 |
BNOV | | | (38,820,040) | | | 38,820,040 |
BOCT | | | (43,329,378) | | | 43,329,378 |
BSEP | | | (32,186,461) | | | 32,186,461 |
PAPR | | | (163,309,047) | | | 163,309,047 |
PAUG | | | (125,202,214) | | | 125,202,214 |
PDEC | | | (90,285,902) | | | 90,285,902 |
PFEB | | | (66,528,782) | | | 66,528,782 |
PJAN | | | (58,493,581) | | | 58,493,581 |
PJUL | | | (155,542,697) | | | 155,542,697 |
PJUN | | | (50,720,684) | | | 50,720,684 |
PMAR | | | (63,340,723) | | | 63,340,723 |
PMAY | | | (34,682,942) | | | 34,682,942 |
PNOV | | | (257,249,752) | | | 257,249,752 |
POCT | | | (202,824,440) | | | 202,824,440 |
PSEP | | | (131,510,459) | | | 131,510,459 |
UAPR | | | (25,893,914) | | | 25,893,914 |
UAUG | | | (62,898,725) | | | 62,898,725 |
UDEC | | | (10,409,667) | | | 10,409,667 |
UFEB | | | (7,044,842) | | | 7,044,842 |
UJAN | | | (5,555,834) | | | 5,555,834 |
UJUL | | | (16,194,449) | | | 16,194,449 |
UJUN | | | (6,009,814) | | | 6,009,814 |
UMAR | | | (6,517,318) | | | 6,517,318 |
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UMAY | | | $(3,197,169) | | | $3,197,169 |
UNOV | | | (15,691,687) | | | 15,691,687 |
UOCT | | | (21,486,653) | | | 21,486,653 |
USEP | | | (12,379,948) | | | 12,379,948 |
RBUF | | | (428,146) | | | 428,146 |
KAPR | | | (16,521,242) | | | 16,521,242 |
KAUG | | | 940,364 | | | (940,364) |
KJAN | | | (9,124,212) | | | 9,124,212 |
KJUL | | | (6,231,553) | | | 6,231,553 |
KJUN | | | (150,855) | | | 150,855 |
KNOV | | | — | | | — |
KOCT | | | (21,904,748) | | | 21,904,748 |
KSEP | | | — | | | — |
| | | | | | | |
Distributions to Shareholders: Distributions to shareholders are recorded on the ex-dividend date. The Funds intend to pay out dividends from their net investment income, if any, annually. Distributions of net realized capital gains, if any, will be declared and paid at least annually by the Funds. The Funds may periodically make reclassifications among certain of its capital accounts as a result of the recognition and characterization of certain income and capital gain distributions determined annually in accordance with federal tax regulations which may differ from U.S. GAAP. Distributions that exceed earnings and profits for tax purposes are reported as return of capital.
Investment Transactions and Investment Income: Investment transactions are recorded on the trade date. The Trust determines the gain or loss realized from investment transactions on the basis of identified cost. Dividend income, if any, is recognized on the ex-dividend date. Interest income, including accretion of discounts and amortization of premiums is recognized on an accrual basis using the effective yield method.
3. INVESTMENT ADVISOR AND OTHER AFFILIATES
Innovator Capital Management, LLC (the “Adviser”) acts as investment adviser to the Funds pursuant to an investment advisory agreement between the Trust and the Adviser with respect to the Funds (“Advisory Agreement”) and, pursuant to the Advisory Agreement, is responsible for the day-to-day management of the Funds.
Pursuant to the Advisory Agreement, IJAN, IFEB, IMAR, IAPR, IMAY, IJUN, IJUL, IAUG, ISEP, IOCT, INOV, IDEC, and IBUF each pay monthly the Adviser a unitary fee calculated daily based on the average daily net assets of the Fund at the annual rate of 0.85%. EJAN, EAPR, EJUL, EOCT, and EBUF each pay monthly the Adviser a unitary fee calculated daily based on the average daily net assets of the Fund at the annual rate of 0.89%. BALT, EALT, and ZALT each pay monthly the Adviser a unitary fee calculated daily based on the average daily net assets of the Fund at the annual rate of 0.69%. All other Innovator ETFs included in this report each, respectively, pay monthly the Adviser a unitary fee calculated daily based on the average daily net assets of each Fund at the annual rate of 0.79%. During the term of the Advisory Agreement, the Adviser pays all expenses of the Funds, including the cost of transfer agency, custody, fund administration, legal, audit, and other services and license fees, except for the fees paid under the Advisory Agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, distribution and service fees payable pursuant to a Rule 12b-1 plan, if any, and extraordinary expenses.
Milliman Financial Risk Management LLC (the “Sub-Adviser”) acts as sub-adviser to the Funds pursuant to a sub-advisory agreement between the Adviser and the Sub-Adviser with respect to the Funds (“Sub-Advisory Agreement”) and, pursuant to the Sub-Advisory Agreement, is responsible for execution of the Sub-Adviser’s strategy for each of the Funds. The Sub-Adviser is responsible for the day-to-day management of the Funds’ portfolios. Pursuant
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Notes to Financial Statements
October 31, 2024(Continued)
to the Sub-Advisory Agreement between the Adviser and the Sub-Adviser, the Adviser pays the Sub-Adviser a fee, based on the Funds’ average daily net assets, for the services and facilities it provides payable on a monthly basis.
Certain trustees and officers of the Trust are affiliated with the Adviser. Trustee compensation is paid for by the Adviser.
4. INVESTMENT TRANSACTIONS
For the period ended October 31, 2024, AAPR, AJAN, TJUL, AJUL, and AOCT had $85,137,198, $93,753,040, $32,839,743, $96,414,898, and $59,347,551 of long-term purchases of investment securities, respectively. Additionally, AAPR, AJAN, TJUL, AJUL, and AOCT had $8,399,382, $6,279,261, $8,706,181,$24,901,499, and $3,196,158 of long -term proceeds of investment securities, respectively. All other Funds had no purchases or proceeds from long-term sales of investment securities.
For the year or period ended October 31, 2024, in-kind transactions associated with creations and redemptions were as follows:
| | | | | | | |
TFJL | | | $ — | | | $101,901,075 |
TBJL | | | — | | | 34,330,537 |
BALT | | | 81,386,890 | | | 2,040,865,811 |
EBUF | | | — | | | 5,447,749 |
EAPR | | | — | | | 66,382,783 |
EJAN | | | — | | | 347,874,075 |
EJUL | | | — | | | 55,343,199 |
EOCT | | | 7,950,138 | | | 42,253,004 |
ZAUG | | | — | | | 1,362,308 |
ZJUL | | | — | | | 15,363,675 |
ZNOV | | | — | | | — |
ZOCT | | | 16,916,076 | | | — |
ZSEP | | | 670,377 | | | 1,374,084 |
AAPR | | | — | | | 10,861,485 |
AJAN | | | — | | | 40,090,041 |
TJUL | | | — | | | 104,873,358 |
AJUL | | | — | | | 4,979,577 |
AOCT | | | — | | | 1,390,026 |
APOC | | | 31,127,046 | | | — |
JAJL | | | — | | | 24,847,765 |
XDQQ | | | — | | | 64,819,860 |
QTAP | | | — | | | 28,730,849 |
QTJA | | | — | | | 37,753,292 |
QTJL | | | — | | | 25,070,134 |
QTOC | | | — | | | 29,694,188 |
NAPR | | | — | | | 197,665,896 |
NAUG | | | — | | | 704,910 |
NJAN | | | — | | | 88,050,524 |
NJUL | | | — | | | 341,393,099 |
NJUN | | | — | | | 13,053,411 |
NNOV | | | — | | | — |
NOCT | | | 19,351,262 | | | 341,648,811 |
NSEP | | | — | | | 4,098,418 |
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Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
IBUF | | | $ — | | | $ 4,077,531 |
IAPR | | | 1,384,992 | | | 202,036,953 |
IAUG | | | — | | | 647,622 |
IDEC | | | — | | | 2,812,345 |
IFEB | | | — | | | 4,071,882 |
IJAN | | | — | | | 57,696,780 |
IJUL | | | — | | | 160,868,887 |
IJUN | | | — | | | 1,319,417 |
IMAR | | | — | | | 13,929,385 |
IMAY | | | — | | | 2,030,358 |
INOV | | | — | | | 6,033,378 |
IOCT | | | 13,755,380 | | | 243,718,414 |
ISEP | | | 6,693,810 | | | 68,562,529 |
QBUF | | | — | | | 12,565,759 |
APRD | | | — | | | 646,789 |
JAND | | | — | | | 167,654 |
JULD | | | — | | | 266,465 |
OCTD | | | — | | | — |
LAPR | | | — | | | — |
LJAN | | | — | | | 38,364 |
LJUL | | | — | | | — |
LOCT | | | — | | | 3,844 |
APRH | | | — | | | 1,440,678 |
JANH | | | — | | | 93,569 |
JULH | | | — | | | 1,503,408 |
OCTH | | | — | | | 19,220 |
APRJ | | | — | | | 1,438,990 |
JANJ | | | — | | | 93,298 |
JULJ | | | — | | | 724,539 |
OCTJ | | | — | | | 102,200 |
APRQ | | | — | | | 1,486,345 |
JANQ | | | — | | | — |
JULQ | | | — | | | 312,529 |
OCTQ | | | — | | | 2,340 |
HAPR | | | — | | | — |
HJAN | | | — | | | — |
HJUL | | | — | | | 9,168 |
HOCT | | | — | | | 4,622 |
ZALT | | | 21,402,504 | | | 624,112,314 |
EALT | | | 26,007,241 | | | 255,354,234 |
XBAP | | | — | | | 56,621,168 |
XBJA | | | — | | | 78,982,447 |
XBJL | | | — | | | 67,100,096 |
XBOC | | | 1,706,592 | | | 94,411,004 |
XDAP | | | — | | | 6,342,085 |
XDJA | | | — | | | 991,476 |
XDJL | | | — | | | 7,781,705 |
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October 31, 2024(Continued)
| | | | | | | |
XDOC | | | $ — | | | $3,303,176 |
XDSQ | | | — | | | 178,895,491 |
XTAP | | | — | | | 11,360,821 |
XTJA | | | — | | | 34,992,209 |
XTJL | | | — | | | 16,921,406 |
XTOC | | | — | | | 33,950,811 |
BAPR | | | — | | | 243,054,157 |
BAUG | | | 1,089,396 | | | 289,611,781 |
BDEC | | | 1,225,092 | | | 75,952,214 |
BFEB | | | — | | | 190,243,533 |
BJAN | | | 3,725,946 | | | 56,714,931 |
BJUL | | | 5,658,105 | | | 440,592,732 |
BJUN | | | — | | | 59,789,696 |
BMAR | | | — | | | 101,510,743 |
BMAY | | | 977,296 | | | 88,812,098 |
BNOV | | | 15,389,829 | | | 206,843,453 |
BOCT | | | 17,759,538 | | | 322,243,558 |
BSEP | | | 8,783,100 | | | 196,209,957 |
PAPR | | | — | | | 1,003,048,326 |
PAUG | | | 1,946,121 | | | 889,414,610 |
PDEC | | | — | | | 640,823,889 |
PFEB | | | 2,718,912 | | | 571,782,437 |
PJAN | | | — | | | 479,714,158 |
PJUL | | | — | | | 1,083,384,700 |
PJUN | | | — | | | 403,826,012 |
PMAR | | | 2,760,783 | | | 474,020,443 |
PMAY | | | — | | | 272,427,395 |
PNOV | | | 15,160,763 | | | 1,919,478,813 |
POCT | | | 103,800,544 | | | 1,601,355,120 |
PSEP | | | — | | | 738,823,474 |
UAPR | | | — | | | 173,447,439 |
UAUG | | | — | | | 500,283,970 |
UDEC | | | — | | | 99,214,441 |
UFEB | | | — | | | 76,571,902 |
UJAN | | | 1,731,040 | | | 75,681,287 |
UJUL | | | — | | | 123,250,224 |
UJUN | | | — | | | 51,792,582 |
UMAR | | | 2,377,395 | | | 103,084,843 |
UMAY | | | — | | | 48,834,970 |
UNOV | | | — | | | 84,496,398 |
UOCT | | | 27,254,986 | | | 174,255,422 |
USEP | | | 3,589,800 | | | 83,262,882 |
RBUF | | | 2,034,147 | | | 7,069,371 |
KAPR | | | 22,678,704 | | | 163,636,733 |
KAUG | | | — | | | 80,469,378 |
KJAN | | | — | | | 104,559,210 |
KJUL | | | — | | | 107,989,748 |
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Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
KJUN | | | $ — | | | $ 2,155,811 |
KNOV | | | — | | | — |
KOCT | | | 36,380,748 | | | 187,453,265 |
KSEP | | | — | | | — |
| | | | | | | |
5. CREATION AND REDEMPTION TRANSACTIONS
There are an unlimited number of shares of beneficial interest (without par value) authorized by the Trust. Individual shares of the Funds may only be purchased and sold at market prices on the applicable Exchange through a broker-dealer. Such transactions may be subject to customary commission rates imposed by the broker-dealer, and market prices for the Funds’ shares may be at, above or below its NAV depending on the premium or discount at which the Funds’ shares trade.
The Funds issue and redeem shares on a continuous basis at NAV only in blocks of shares called “Creation Units.” Creation Units are issued and redeemed principally for cash. Once created, shares generally trade in the secondary market at market prices that change throughout the day in amounts less than a Creation Unit. Except when aggregated in Creation Units, shares are not redeemable securities of the Funds. Shares of the Funds may only be purchased or redeemed by certain financial institutions (“Authorized Participants”). An Authorized Participant is either (i) a broker-dealer or other participant in the clearing process through the Continuous Net Settlement System of the National Securities Clearing Corporation or (ii) a DTC participant and, in each case, must have executed a Participant Agreement with the Distributor. A transaction fee is applicable to each transaction regardless of the number of units purchased or sold in the transaction. Each Fund, subject to approval by the Board of Trustees, may adjust transaction fees from time to time based upon actual experience. Additional charges received by the Funds, if any, are disclosed as Transaction Fees on the Statements of Changes in Net Assets. Most retail investors do not qualify as Authorized Participants nor have the resources to buy and sell whole Creation Units. Therefore, they are unable to purchase or redeem the shares directly from the Funds. Rather, most retail investors may purchase shares in the secondary market with the assistance of a broker and are subject to customary brokerage commissions or fees.
6. FEDERAL INCOME TAX INFORMATION
At October 31, 2024, the cost of investments including options written and net unrealized appreciation/(depreciation) for federal income tax purposes were as follows:
| | | | | | | | | | | | | |
TFJL | | | $78,662,697 | | | $2,025,345 | | | $(4,065,635) | | | $(2,040,290) |
TBJL | | | 15,022,866 | | | 195,278 | | | (119,749) | | | 75,529 |
BALT | | | 898,244,132 | | | 9,790,091 | | | (8,108,876) | | | 1,681,215 |
EBUF | | | 10,405,490 | | | 404,803 | | | (593,497) | | | (188,694) |
EAPR | | | 62,669,883 | | | 5,709,488 | | | (1,956,476) | | | 3,753,012 |
EJAN | | | 118,372,198 | | | 15,307,073 | | | (5,658,028) | | | 9,649,045 |
EJUL | | | 84,540,180 | | | 3,408,195 | | | (1,161,675) | | | 2,246,520 |
EOCT | | | 54,340,304 | | | 967,268 | | | (2,137,634) | | | (1,170,366) |
ZAUG | | | 79,063,928 | | | 4,946,939 | | | (3,095,735) | | | 1,851,204 |
ZJUL | | | 112,932,630 | | | 4,065,761 | | | (1,712,509) | | | 2,353,252 |
ZNOV | | | 1,239,574 | | | — | | | (160) | | | (160) |
ZOCT | | | 69,280,011 | | | 501,042 | | | (572,893) | | | (71,851) |
ZSEP | | | 108,584,291 | | | 3,065,037 | | | (2,064,799) | | | 1,000,238 |
AAPR | | | 68,022,641 | | | 6,453,105 | | | (3,021,005) | | | 3,432,100 |
AJAN | | | 58,104,014 | | | 9,443,017 | | | (7,995,061) | | | 1,447,956 |
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Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | | | | |
TJUL | | | $204,836,172 | | | $41,836,838 | | | $(33,943,824) | | | $7,893,014 |
AJUL | | | 66,639,105 | | | 3,393,948 | | | (946,159) | | | 2,447,789 |
AOCT | | | 54,950,343 | | | 336,166 | | | (579,155) | | | (242,989) |
APOC | | | 75,295,442 | | | 555,001 | | | (447,170) | | | 107,831 |
JAJL | | | 150,611,298 | | | 5,735,856 | | | (3,081,092) | | | 2,654,764 |
XDQQ | | | 34,338,619 | | | 580,184 | | | (687,085) | | | (106,901) |
QTAP | | | 13,131,845 | | | 1,876,305 | | | (707,217) | | | 1,169,088 |
QTJA | | | 25,543,770 | | | 8,071,446 | | | (4,918,198) | | | 3,153,248 |
QTJL | | | 16,686,683 | | | 712,134 | | | (454,771) | | | 257,363 |
QTOC | | | 8,361,322 | | | 135,941 | | | (163,207) | | | (27,266) |
NAPR | | | 181,157,189 | | | 19,570,324 | | | (6,575,906) | | | 12,994,418 |
NAUG | | | 16,140,357 | | | 1,174,412 | | | (578,977) | | | 595,435 |
NJAN | | | 180,778,224 | | | 36,626,905 | | | (16,557,882) | | | 20,069,023 |
NJUL | | | 261,638,168 | | | 6,110,124 | | | (1,844,597) | | | 4,265,527 |
NJUN | | | 26,535,346 | | | 1,063,022 | | | (643,383) | | | 419,639 |
NNOV | | | 1,245,165 | | | — | | | (233) | | | (233) |
NOCT | | | 161,004,712 | | | 1,129,436 | | | (1,515,757) | | | (386,321) |
NSEP | | | 35,249,706 | | | 1,533,803 | | | (826,192) | | | 707,611 |
IBUF | | | 5,782,853 | | | 192,125 | | | (269,111) | | | (76,986) |
IAPR | | | 198,902,879 | | | 3,847,573 | | | (1,104,518) | | | 2,743,055 |
IAUG | | | 14,699,499 | | | 244,193 | | | (294,866) | | | (50,673) |
IDEC | | | 10,064,748 | | | 1,180,707 | | | (388,118) | | | 792,589 |
IFEB | | | 11,488,691 | | | 689,159 | | | (356,346) | | | 332,813 |
IJAN | | | 172,019,746 | | | 14,598,365 | | | (6,199,499) | | | 8,398,866 |
IJUL | | | 159,206,167 | | | 1,665,597 | | | (1,755,300) | | | (89,703) |
IJUN | | | 23,922,535 | | | 383,007 | | | (583,504) | | | (200,497) |
IMAR | | | 12,760,792 | | | 410,600 | | | (247,617) | | | 162,983 |
IMAY | | | 8,891,149 | | | 180,559 | | | (110,778) | | | 69,781 |
INOV | | | 4,383,185 | | | — | | | (1,184) | | | (1,184) |
IOCT | | | 126,466,459 | | | 1,687,916 | | | (6,668,795) | | | (4,980,879) |
ISEP | | | 69,110,651 | | | 1,507,254 | | | (3,057,220) | | | (1,549,966) |
QBUF | | | 80,463,496 | | | 1,183,026 | | | (1,265,091) | | | (82,065) |
APRD | | | 9,266,136 | | | 11,643 | | | (2,517) | | | 9,126 |
JAND | | | 4,347,607 | | | 323 | | | (69) | | | 254 |
JULD | | | 4,981,748 | | | 8,901 | | | (988) | | | 7,913 |
OCTD | | | 4,773,286 | | | — | | | (13,709) | | | (13,709) |
LAPR | | | 3,708,624 | | | 39,407 | | | — | | | 39,407 |
LJAN | | | 8,470,117 | | | 123,198 | | | (30) | | | 123,168 |
LJUL | | | 2,364,115 | | | 18,519 | | | (234) | | | 18,285 |
LOCT | | | 18,397,538 | | | 6 | | | (70,393) | | | (70,387) |
APRH | | | 27,755,256 | | | 42,164 | | | (118) | | | 42,046 |
JANH | | | 9,292,624 | | | 1,299 | | | (69) | | | 1,230 |
JULH | | | 20,486,863 | | | 89,741 | | | — | | | 89,741 |
OCTH | | | 19,677,414 | | | 4 | | | (51,553) | | | (51,549) |
APRJ | | | 38,221,660 | | | 59,098 | | | — | | | 59,098 |
JANJ | | | 22,252,960 | | | 2,593 | | | (113) | | | 2,480 |
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TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | | | | |
JULJ | | | $23,593,008 | | | $105,148 | | | $(70) | | | $105,078 |
OCTJ | | | 21,483,425 | | | 314 | | | (57,698) | | | (57,384) |
APRQ | | | 19,087,556 | | | 31,193 | | | (2,434) | | | 28,759 |
JANQ | | | 4,938,969 | | | 608 | | | (69) | | | 539 |
JULQ | | | 8,073,345 | | | 31,422 | | | — | | | 31,422 |
OCTQ | | | 12,525,443 | | | 39 | | | (33,799) | | | (33,760) |
HAPR | | | 1,848,548 | | | 25,262 | | | — | | | 25,262 |
HJAN | | | 9,616,727 | | | 203,957 | | | (189) | | | 203,768 |
HJUL | | | 1,180,751 | | | 9,350 | | | — | | | 9,350 |
HOCT | | | 15,422,822 | | | 2,252 | | | (59,180) | | | (56,928) |
ZALT | | | 256,018,637 | | | 2,393,900 | | | (2,119,447) | | | 274,453 |
EALT | | | 102,885,876 | | | 507,989 | | | (1,125,534) | | | (617,545) |
XBAP | | | 81,277,177 | | | 11,888,018 | | | (6,638,907) | | | 5,249,111 |
XBJA | | | 78,448,757 | | | 27,679,798 | | | (19,690,250) | | | 7,989,548 |
XBJL | | | 145,973,812 | | | 7,317,414 | | | (3,235,091) | | | 4,082,323 |
XBOC | | | 66,620,920 | | | 690,733 | | | (914,022) | | | (223,289) |
XDAP | | | 7,045,703 | | | 958,869 | | | (282,772) | | | 676,097 |
XDJA | | | 8,836,833 | | | 2,338,431 | | | (1,378,923) | | | 959,508 |
XDJL | | | 10,459,215 | | | 753,170 | | | (246,663) | | | 506,507 |
XDOC | | | 5,167,954 | | | 35,943 | | | (59,589) | | | (23,646) |
XDSQ | | | 51,687,901 | | | 672,134 | | | (906,076) | | | (233,942) |
XTAP | | | 10,237,014 | | | 1,554,930 | | | (892,329) | | | 662,601 |
XTJA | | | 17,230,957 | | | 4,516,870 | | | (4,694,887) | | | (178,017) |
XTJL | | | 11,056,075 | | | 956,996 | | | (558,944) | | | 398,052 |
XTOC | | | 14,326,898 | | | 188,007 | | | (264,176) | | | (76,169) |
BAPR | | | 241,137,976 | | | 25,806,704 | | | (6,501,956) | | | 19,304,748 |
BAUG | | | 175,470,606 | | | 6,372,272 | | | (1,438,686) | | | 4,933,586 |
BDEC | | | 107,722,049 | | | 29,518,633 | | | (11,990,631) | | | 17,528,002 |
BFEB | | | 120,046,305 | | | 19,695,518 | | | (8,860,144) | | | 10,835,374 |
BJAN | | | 221,213,698 | | | 50,339,166 | | | (18,974,640) | | | 31,364,526 |
BJUL | | | 248,717,015 | | | 12,931,558 | | | (2,508,931) | | | 10,422,627 |
BJUN | | | 142,100,713 | | | 11,622,662 | | | (3,183,714) | | | 8,438,948 |
BMAR | | | 158,102,788 | | | 21,343,470 | | | (5,871,898) | | | 15,471,572 |
BMAY | | | 118,623,835 | | | 17,927,044 | | | (5,953,375) | | | 11,973,669 |
BNOV | | | 99,337,134 | | | — | | | (18,818) | | | (18,818) |
BOCT | | | 233,550,014 | | | 923,280 | | | (2,000,122) | | | (1,076,842) |
BSEP | | | 199,432,244 | | | 3,260,552 | | | (985,727) | | | 2,274,825 |
PAPR | | | 734,009,752 | | | 75,578,187 | | | (25,090,353) | | | 50,487,834 |
PAUG | | | 826,613,198 | | | 33,475,785 | | | (10,130,850) | | | 23,344,935 |
PDEC | | | 652,709,631 | | | 176,886,170 | | | (93,422,585) | | | 83,463,585 |
PFEB | | | 592,696,677 | | | 106,857,563 | | | (56,407,505) | | | 50,450,058 |
PJAN | | | 880,440,213 | | | 199,503,519 | | | (95,248,027) | | | 104,255,492 |
PJUL | | | 935,206,607 | | | 44,952,160 | | | (11,296,719) | | | 33,655,441 |
PJUN | | | 582,903,073 | | | 48,090,179 | | | (18,210,091) | | | 29,880,088 |
PMAR | | | 512,949,772 | | | 68,631,606 | | | (25,647,452) | | | 42,984,154 |
PMAY | | | 521,735,801 | | | 73,779,036 | | | (34,223,353) | | | 39,555,683 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | | | | |
PNOV | | | $668,187,041 | | | $— | | | $(125,857) | | | $(125,857) |
POCT | | | 848,948,925 | | | 4,711,739 | | | (8,389,110) | | | (3,677,371) |
PSEP | | | 878,919,847 | | | 16,747,093 | | | (6,609,617) | | | 10,137,476 |
UAPR | | | 136,866,211 | | | 13,373,323 | | | (3,695,518) | | | 9,677,805 |
UAUG | | | 224,721,384 | | | 10,761,883 | | | (3,309,220) | | | 7,452,663 |
UDEC | | | 63,671,400 | | | 15,741,639 | | | (8,269,383) | | | 7,472,256 |
UFEB | | | 52,644,388 | | | 7,967,873 | | | (4,420,177) | | | 3,547,696 |
UJAN | | | 144,388,400 | | | 29,686,667 | | | (14,012,414) | | | 15,674,253 |
UJUL | | | 139,151,147 | | | 5,934,667 | | | (1,024,970) | | | 4,909,697 |
UJUN | | | 86,111,851 | | | 6,537,151 | | | (1,760,459) | | | 4,776,692 |
UMAR | | | 75,734,229 | | | 8,990,499 | | | (2,988,591) | | | 6,001,908 |
UMAY | | | 49,054,236 | | | 6,130,138 | | | (2,578,897) | | | 3,551,241 |
UNOV | | | 39,005,257 | | | — | | | (7,375) | | | (7,375) |
UOCT | | | 162,336,004 | | | 945,198 | | | (1,624,765) | | | (679,567) |
USEP | | | 161,130,476 | | | 2,619,386 | | | (938,864) | | | 1,680,522 |
RBUF | | | 116,010,559 | | | 1,164,578 | | | (1,692,930) | | | (528,352) |
KAPR | | | 175,486,563 | | | 8,796,442 | | | (4,738,775) | | | 4,057,667 |
KAUG | | | 69,065,904 | | | 242,541 | | | (723,225) | | | (480,684) |
KJAN | | | 373,526,468 | | | 47,246,428 | | | (20,411,427) | | | 26,835,001 |
KJUL | | | 147,767,634 | | | 11,507,238 | | | (4,798,186) | | | 6,709,052 |
KJUN | | | 10,060,042 | | | 876,881 | | | (393,072) | | | 483,809 |
KNOV | | | 1,250,268 | | | — | | | (368) | | | (368) |
KOCT | | | 148,938,987 | | | 1,216,487 | | | (2,306,560) | | | (1,090,073) |
KSEP | | | 18,789,316 | | | 432,449 | | | (286,290) | | | 146,159 |
| | | | | | | | | | | | | |
At October 31, 2024, the components of distributable earnings/(accumulated deficit) on a tax basis were as follows:
| | | | | | | | | | | | | |
TFJL | | | $(5,340,702) | | | $ — | | | $(2,040,290) | | | $(7,380,992) |
TBJL | | | (5,056,923) | | | — | | | 75,529 | | | (4,981,394) |
BALT | | | (17,773,176) | | | — | | | 1,681,215 | | | (16,091,961) |
EBUF | | | (45,036) | | | — | | | (188,694) | | | (233,730) |
EAPR | | | (9,864,445) | | | — | | | 3,753,012 | | | (6,111,433) |
EJAN | | | (11,819,455) | | | — | | | 9,649,045 | | | (2,170,410) |
EJUL | | | (9,397,144) | | | — | | | 2,246,520 | | | (7,150,624) |
EOCT | | | (292,084) | | | — | | | (1,170,366) | | | (1,462,450) |
ZAUG | | | (180,973) | | | — | | | 1,851,204 | | | 1,670,231 |
ZJUL | | | (294,345) | | | — | | | 2,353,252 | | | 2,058,907 |
ZNOV | | | — | | | — | | | (160) | | | (160) |
ZOCT | | | (32,439) | | | — | | | (71,851) | | | (104,290) |
ZSEP | | | (120,017) | | | — | | | 1,000,238 | | | 880,221 |
AAPR | | | (415,805) | | | — | | | 3,432,100 | | | 3,016,295 |
AJAN | | | (529,582) | | | — | | | 1,447,956 | | | 918,374 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | | | | |
TJUL | | | $(2,787,117) | | | $— | | | $7,893,014 | | | $5,105,897 |
AJUL | | | (853,937) | | | — | | | 2,447,789 | | | 1,593,852 |
AOCT | | | (25,235) | | | — | | | (242,989) | | | (268,224) |
APOC | | | (35,656) | | | — | | | 107,831 | | | 72,175 |
JAJL | | | (474,551) | | | — | | | 2,654,764 | | | 2,180,213 |
XDQQ | | | — | | | — | | | (106,901) | | | (106,901) |
QTAP | | | (7,118,787) | | | — | | | 1,169,088 | | | (5,949,699) |
QTJA | | | (9,772,876) | | | — | | | 3,153,248 | | | (6,619,628) |
QTJL | | | (6,279,281) | | | — | | | 257,363 | | | (6,021,918) |
QTOC | | | (5,351,631) | | | — | | | (27,266) | | | (5,378,897) |
NAPR | | | (31,231,546) | | | — | | | 12,994,418 | | | (18,237,128) |
NAUG | | | (31,643) | | | — | | | 595,435 | | | 563,792 |
NJAN | | | (34,256,444) | | | — | | | 20,069,023 | | | (14,187,421) |
NJUL | | | (40,065,139) | | | — | | | 4,265,527 | | | (35,799,612) |
NJUN | | | (114,746) | | | — | | | 419,639 | | | 304,893 |
NNOV | | | — | | | — | | | (233) | | | (233) |
NOCT | | | (20,555,451) | | | — | | | (386,321) | | | (20,941,772) |
NSEP | | | (98,932) | | | — | | | 707,611 | | | 608,679 |
IBUF | | | (71,518) | | | — | | | (76,986) | | | (148,504) |
IAPR | | | (5,689,971) | | | — | | | 2,743,055 | | | (2,946,916) |
IAUG | | | (28,321) | | | — | | | (50,673) | | | (78,994) |
IDEC | | | (29,449) | | | — | | | 792,589 | | | 763,140 |
IFEB | | | (78,779) | | | — | | | 332,813 | | | 254,034 |
IJAN | | | (2,902,963) | | | — | | | 8,398,866 | | | 5,495,903 |
IJUL | | | (1,647,007) | | | — | | | (89,703) | | | (1,736,710) |
IJUN | | | (75,063) | | | — | | | (200,497) | | | (275,560) |
IMAR | | | (81,435) | | | — | | | 162,983 | | | 81,548 |
IMAY | | | (41,504) | | | — | | | 69,781 | | | 28,277 |
INOV | | | (205,616) | | | — | | | (1,184) | | | (206,800) |
IOCT | | | (15,038,578) | | | — | | | (4,980,879) | | | (20,019,457) |
ISEP | | | (2,107,706) | | | — | | | (1,549,966) | | | (3,657,672) |
QBUF | | | (305,810) | | | — | | | (82,065) | | | (387,875) |
APRD | | | — | | | — | | | 9,126 | | | 9,126 |
JAND | | | — | | | 2,818 | | | 254 | | | 3,072 |
JULD | | | — | | | — | | | 7,913 | | | 7,913 |
OCTD | | | — | | | — | | | (13,709) | | | (13,709) |
LAPR | | | — | | | — | | | 39,407 | | | 39,407 |
LJAN | | | (23,312) | | | — | | | 123,168 | | | 99,856 |
LJUL | | | — | | | — | | | 18,285 | | | 18,285 |
LOCT | | | (4,415) | | | — | | | (70,387) | | | (74,802) |
APRH | | | — | | | — | | | 42,046 | | | 42,046 |
JANH | | | — | | | 19,601 | | | 1,230 | | | 20,831 |
JULH | | | — | | | 97,108 | | | 89,741 | | | 186,849 |
OCTH | | | — | | | — | | | (51,549) | | | (51,549) |
APRJ | | | — | | | — | | | 59,098 | | | 59,098 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | | | | |
JANJ | | | $— | | | $1,740 | | | $2,480 | | | $4,220 |
JULJ | | | — | | | 36,138 | | | 105,078 | | | 141,216 |
OCTJ | | | — | | | — | | | (57,384) | | | (57,384) |
APRQ | | | — | | | — | | | 28,759 | | | 28,759 |
JANQ | | | — | | | — | | | 539 | | | 539 |
JULQ | | | — | | | — | | | 31,422 | | | 31,422 |
OCTQ | | | — | | | — | | | (33,760) | | | (33,760) |
HAPR | | | — | | | — | | | 25,262 | | | 25,262 |
HJAN | | | (85) | | | — | | | 203,768 | | | 203,683 |
HJUL | | | — | | | — | | | 9,350 | | | 9,350 |
HOCT | | | — | | | — | | | (56,928) | | | (56,928) |
ZALT | | | (7,852,211) | | | — | | | 274,453 | | | (7,577,758) |
EALT | | | (2,066,254) | | | — | | | (617,545) | | | (2,683,799) |
XBAP | | | (5,200,202) | | | — | | | 5,249,111 | | | 48,909 |
XBJA | | | (8,669,162) | | | — | | | 7,989,548 | | | (679,614) |
XBJL | | | (2,205,295) | | | — | | | 4,082,323 | | | 1,877,028 |
XBOC | | | (13,517,465) | | | — | | | (223,289) | | | (13,740,754) |
XDAP | | | (1,084,084) | | | — | | | 676,097 | | | (407,987) |
XDJA | | | (213,677) | | | — | | | 959,508 | | | 745,831 |
XDJL | | | (219,286) | | | — | | | 506,507 | | | 287,221 |
XDOC | | | (6,052,612) | | | — | | | (23,646) | | | (6,076,258) |
XDSQ | | | — | | | — | | | (233,942) | | | (233,942) |
XTAP | | | (1,293,232) | | | — | | | 662,601 | | | (630,631) |
XTJA | | | (1,932,467) | | | — | | | (178,017) | | | (2,110,484) |
XTJL | | | (2,192,106) | | | — | | | 398,052 | | | (1,794,054) |
XTOC | | | (2,285,788) | | | — | | | (76,169) | | | (2,361,957) |
BAPR | | | (26,905,365) | | | — | | | 19,304,748 | | | (7,600,617) |
BAUG | | | (17,332,195) | | | — | | | 4,933,586 | | | (12,398,609) |
BDEC | | | (4,373,840) | | | — | | | 17,528,002 | | | 13,154,162 |
BFEB | | | (3,144,489) | | | — | | | 10,835,374 | | | 7,690,885 |
BJAN | | | (21,749,763) | | | — | | | 31,364,526 | | | 9,614,763 |
BJUL | | | (12,430,643) | | | — | | | 10,422,627 | | | (2,008,016) |
BJUN | | | (3,067,407) | | | — | | | 8,438,948 | | | 5,371,541 |
BMAR | | | (3,107,053) | | | — | | | 15,471,572 | | | 12,364,519 |
BMAY | | | (6,792,920) | | | — | | | 11,973,669 | | | 5,180,749 |
BNOV | | | (29,562,282) | | | — | | | (18,818) | | | (29,581,100) |
BOCT | | | (35,522,024) | | | — | | | (1,076,842) | | | (36,598,866) |
BSEP | | | (9,936,240) | | | — | | | 2,274,825 | | | (7,661,415) |
PAPR | | | (112,620,175) | | | — | | | 50,487,834 | | | (62,132,341) |
PAUG | | | (49,318,385) | | | — | | | 23,344,935 | | | (25,973,450) |
PDEC | | | (35,002,660) | | | — | | | 83,463,585 | | | 48,460,925 |
PFEB | | | (21,879,797) | | | — | | | 50,450,058 | | | 28,570,261 |
PJAN | | | (65,436,490) | | | — | | | 104,255,492 | | | 38,819,002 |
PJUL | | | (61,234,530) | | | — | | | 33,655,441 | | | (27,579,089) |
PJUN | | | (3,456,090) | | | — | | | 29,880,088 | | | 26,423,998 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | | | | | | | |
PMAR | | | $(27,714,820) | | | $ — | | | $42,984,154 | | | $15,269,334 |
PMAY | | | (12,241,326) | | | — | | | 39,555,683 | | | 27,314,357 |
PNOV | | | (218,709,629) | | | — | | | (125,857) | | | (218,835,486) |
POCT | | | (127,230,053) | | | — | | | (3,677,371) | | | (130,907,424) |
PSEP | | | (72,868,819) | | | — | | | 10,137,476 | | | (62,731,343) |
UAPR | | | (19,081,372) | | | — | | | 9,677,805 | | | (9,403,567) |
UAUG | | | (21,539,683) | | | — | | | 7,452,663 | | | (14,087,020) |
UDEC | | | (6,639,051) | | | — | | | 7,472,256 | | | 833,205 |
UFEB | | | (4,174,150) | | | — | | | 3,547,696 | | | (626,454) |
UJAN | | | (33,072,574) | | | — | | | 15,674,253 | | | (17,398,321) |
UJUL | | | (4,186,301) | | | — | | | 4,909,697 | | | 723,396 |
UJUN | | | (2,767,789) | | | — | | | 4,776,692 | | | 2,008,903 |
UMAR | | | (4,408,403) | | | — | | | 6,001,908 | | | 1,593,505 |
UMAY | | | (2,646,786) | | | — | | | 3,551,241 | | | 904,455 |
UNOV | | | (12,616,801) | | | — | | | (7,375) | | | (12,624,176) |
UOCT | | | (15,321,834) | | | — | | | (679,567) | | | (16,001,401) |
USEP | | | (11,090,706) | | | — | | | 1,680,522 | | | (9,410,184) |
RBUF | | | (236,799) | | | — | | | (528,352) | | | (765,151) |
KAPR | | | (3,032,549) | | | — | | | 4,057,667 | | | 1,025,118 |
KAUG | | | (87,755) | | | — | | | (480,684) | | | (568,439) |
KJAN | | | (11,022,236) | | | — | | | 26,835,001 | | | 15,812,765 |
KJUL | | | (8,241,770) | | | — | | | 6,709,052 | | | (1,532,718) |
KJUN | | | (33,175) | | | — | | | 483,809 | | | 450,634 |
KNOV | | | — | | | — | | | (368) | | | (368) |
KOCT | | | (11,183,968) | | | — | | | (1,090,073) | | | (12,274,041) |
KSEP | | | (19,259) | | | — | | | 146,159 | | | 126,900 |
| | | | | | | | | | | | | |
Certain qualified late year ordinary losses incurred after December 31, and within the current taxable year, are deemed to arise on the first business day of the next taxable year. At October 31, 2024, the Funds deferred the following qualified late year ordinary losses:
| | | | |
TFJL | | | $375,299 |
TBJL | | | 351,443 |
BALT | | | 3,825,076 |
EBUF | | | 12,882 |
EAPR | | | 544,248 |
EJAN | | | 1,131,919 |
EJUL | | | 681,281 |
EOCT | | | 292,084 |
ZAUG | | | 136,119 |
ZJUL | | | 284,633 |
ZNOV | | | — |
ZOCT | | | 32,439 |
| | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
ZSEP | | | $117,538 |
AAPR | | | 287,824 |
AJAN | | | 424,640 |
TJUL | | | 1,461,602 |
AJUL | | | 148,213 |
AOCT | | | 25,235 |
APOC | | | 35,656 |
JAJL | | | 392,768 |
XDQQ | | | — |
QTAP | | | 76,418 |
QTJA | | | 177,436 |
QTJL | | | 87,650 |
QTOC | | | 70,266 |
NAPR | | | 1,136,496 |
NAUG | | | 29,038 |
NJAN | | | 1,476,808 |
NJUL | | | 1,462,047 |
NJUN | | | 91,356 |
NNOV | | | — |
NOCT | | | 948,565 |
NSEP | | | 38,069 |
IBUF | | | 10,697 |
IAPR | | | 1,579,090 |
IAUG | | | 28,321 |
IDEC | | | 29,449 |
IFEB | | | 77,758 |
IJAN | | | 1,394,551 |
IJUL | | | 1,146,849 |
IJUN | | | 73,312 |
IMAR | | | 81,435 |
IMAY | | | 39,958 |
INOV | | | 24,068 |
IOCT | | | 793,325 |
ISEP | | | 338,953 |
QBUF | | | 53,237 |
APRD | | | — |
JAND | | | — |
JULD | | | — |
OCTD | | | — |
LAPR | | | — |
LJAN | | | — |
LJUL | | | — |
LOCT | | | — |
APRH | | | — |
JANH | | | — |
JULH | | | — |
| | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
OCTH | | | $— |
APRJ | | | — |
JANJ | | | — |
JULJ | | | — |
OCTJ | | | — |
APRQ | | | — |
JANQ | | | — |
JULQ | | | — |
OCTQ | | | — |
HAPR | | | — |
HJAN | | | — |
HJUL | | | — |
HOCT | | | — |
ZALT | | | 762,514 |
EALT | | | 378,241 |
XBAP | | | 533,956 |
XBJA | | | 601,894 |
XBJL | | | 671,762 |
XBOC | | | 455,694 |
XDAP | | | 42,322 |
XDJA | | | 55,157 |
XDJL | | | 58,444 |
XDOC | | | 40,425 |
XDSQ | | | — |
XTAP | | | 60,211 |
XTJA | | | 121,132 |
XTJL | | | 70,324 |
XTOC | | | 109,898 |
BAPR | | | 1,525,023 |
BAUG | | | 1,157,102 |
BDEC | | | 908,289 |
BFEB | | | 1,175,728 |
BJAN | | | 1,651,509 |
BJUL | | | 1,633,617 |
BJUN | | | 777,366 |
BMAR | | | 1,061,992 |
BMAY | | | 830,177 |
BNOV | | | 692,464 |
BOCT | | | 1,159,902 |
BSEP | | | 1,038,738 |
PAPR | | | 5,144,993 |
PAUG | | | 5,187,143 |
PDEC | | | 5,208,204 |
PFEB | | | 4,448,259 |
PJAN | | | 7,129,471 |
PJUL | | | 5,766,356 |
| | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
PJUN | | | $3,456,090 |
PMAR | | | 3,738,367 |
PMAY | | | 3,367,002 |
PNOV | | | 4,746,306 |
POCT | | | 4,313,820 |
PSEP | | | 4,822,200 |
UAPR | | | 951,560 |
UAUG | | | 1,567,336 |
UDEC | | | 527,510 |
UFEB | | | 484,543 |
UJAN | | | 1,146,899 |
UJUL | | | 684,074 |
UJUN | | | 477,121 |
UMAR | | | 725,443 |
UMAY | | | 385,338 |
UNOV | | | 306,525 |
UOCT | | | 639,918 |
USEP | | | 535,200 |
RBUF | | | 19,942 |
KAPR | | | 1,068,319 |
KAUG | | | 79,252 |
KJAN | | | 2,585,965 |
KJUL | | | 961,362 |
KJUN | | | 33,175 |
KNOV | | | — |
KOCT | | | 576,211 |
KSEP | | | 19,259 |
| | | | |
At October 31, 2024, for federal income tax purposes, the Funds had capital loss carryforwards available to offset future capital gains for an unlimited period as indicated below:
| | | | | | | |
TFJL | | | $4,965,403 | | | $— |
TBJL | | | 4,705,480 | | | — |
BALT | | | 13,948,100 | | | — |
EBUF | | | 32,154 | | | — |
EAPR | | | 9,320,197 | | | — |
EJAN | | | 10,687,536 | | | — |
EJUL | | | 7,638,326 | | | 1,077,537 |
EOCT | | | — | | | — |
ZAUG | | | 44,854 | | | — |
ZJUL | | | 9,712 | | | — |
ZNOV | | | — | | | — |
ZOCT | | | — | | | — |
ZSEP | | | 2,479 | | | — |
AAPR | | | 127,981 | | | — |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
AJAN | | | $104,941 | | | $ — |
TJUL | | | 1,325,515 | | | — |
AJUL | | | 705,724 | | | — |
AOCT | | | — | | | — |
APOC | | | — | | | — |
JAJL | | | 81,783 | | | — |
XDQQ | | | — | | | — |
QTAP | | | 7,042,369 | | | — |
QTJA | | | 9,595,440 | | | — |
QTJL | | | 6,191,631 | | | — |
QTOC | | | 5,281,365 | | | — |
NAPR | | | 30,095,050 | | | — |
NAUG | | | 2,605 | | | — |
NJAN | | | 32,779,636 | | | — |
NJUL | | | 38,603,092 | | | — |
NJUN | | | 23,390 | | | — |
NNOV | | | — | | | — |
NOCT | | | 19,606,886 | | | — |
NSEP | | | 60,863 | | | — |
IBUF | | | 60,821 | | | — |
IAPR | | | 4,110,882 | | | — |
IAUG | | | — | | | — |
IDEC | | | — | | | — |
IFEB | | | 1,021 | | | — |
IJAN | | | 1,508,412 | | | — |
IJUL | | | 500,158 | | | — |
IJUN | | | 1,750 | | | — |
IMAR | | | — | | | — |
IMAY | | | 1,546 | | | — |
INOV | | | 181,548 | | | — |
IOCT | | | 14,245,253 | | | — |
ISEP | | | 1,768,753 | | | — |
QBUF | | | 252,573 | | | — |
APRD | | | — | | | — |
JAND | | | — | | | — |
JULD | | | — | | | — |
OCTD | | | — | | | — |
LAPR | | | — | | | — |
LJAN | | | 23,312 | | | — |
LJUL | | | — | | | — |
LOCT | | | 4,415 | | | — |
APRH | | | — | | | — |
JANH | | | — | | | — |
JULH | | | — | | | — |
OCTH | | | — | | | — |
APRJ | | | — | | | — |
JANJ | | | — | | | — |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
JULJ | | | $— | | | $ — |
OCTJ | | | — | | | — |
APRQ | | | — | | | — |
JANQ | | | — | | | — |
JULQ | | | — | | | — |
OCTQ | | | — | | | — |
HAPR | | | 2 | | | — |
HJAN | | | 85 | | | — |
HJUL | | | — | | | — |
HOCT | | | — | | | — |
ZALT | | | 7,089,697 | | | — |
EALT | | | 1,688,013 | | | — |
XBAP | | | 4,666,246 | | | — |
XBJA | | | 8,067,267 | | | — |
XBJL | | | 1,533,533 | | | — |
XBOC | | | 13,061,769 | | | — |
XDAP | | | 1,041,762 | | | — |
XDJA | | | 158,519 | | | — |
XDJL | | | 160,844 | | | — |
XDOC | | | 6,012,187 | | | — |
XDSQ | | | — | | | — |
XTAP | | | 1,233,021 | | | — |
XTJA | | | 1,811,335 | | | — |
XTJL | | | 2,121,782 | | | — |
XTOC | | | 2,175,889 | | | — |
BAPR | | | 25,380,342 | | | — |
BAUG | | | 16,175,092 | | | — |
BDEC | | | 3,465,551 | | | — |
BFEB | | | 1,968,762 | | | — |
BJAN | | | 20,098,252 | | | — |
BJUL | | | 10,797,026 | | | — |
BJUN | | | 2,290,041 | | | — |
BMAR | | | 2,045,061 | | | — |
BMAY | | | 5,962,742 | | | — |
BNOV | | | 28,869,818 | | | — |
BOCT | | | 34,362,122 | | | — |
BSEP | | | 8,897,501 | | | — |
PAPR | | | 107,475,182 | | | — |
PAUG | | | 44,131,242 | | | — |
PDEC | | | 29,794,456 | | | — |
PFEB | | | 17,431,536 | | | — |
PJAN | | | 58,307,018 | | | — |
PJUL | | | 55,468,175 | | | — |
PJUN | | | — | | | — |
PMAR | | | 23,976,453 | | | — |
PMAY | | | 8,874,324 | | | — |
PNOV | | | 213,963,324 | | | — |
| | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | | | | |
POCT | | | $122,916,233 | | | $ — |
PSEP | | | 68,046,619 | | | — |
UAPR | | | 18,129,812 | | | — |
UAUG | | | 19,972,347 | | | — |
UDEC | | | 6,111,541 | | | — |
UFEB | | | 3,689,607 | | | — |
UJAN | | | 31,925,675 | | | — |
UJUL | | | 3,502,227 | | | — |
UJUN | | | 2,290,668 | | | — |
UMAR | | | 3,682,960 | | | — |
UMAY | | | 2,261,448 | | | — |
UNOV | | | 12,310,275 | | | — |
UOCT | | | 14,681,916 | | | — |
USEP | | | 10,555,506 | | | — |
RBUF | | | 216,857 | | | — |
KAPR | | | 1,964,230 | | | — |
KAUG | | | 8,503 | | | — |
KJAN | | | 8,436,271 | | | — |
KJUL | | | 7,280,408 | | | — |
KJUN | | | — | | | — |
KNOV | | | — | | | — |
KOCT | | | 10,607,757 | | | — |
KSEP | | | — | | | — |
| | | | | | | |
To the extent that these loss carryforwards are utilized, capital gains so offset will not be distributed to shareholders. During the current tax year ended October 31, 2024, the following capital loss carryforwards available were utilized:
| | | | |
EJAN | | | $5,598,483 |
EJUL | | | 5,090,460 |
EOCT | | | 905,959 |
XDQQ | | | 5,981,825 |
QTJL | | | 648,043 |
NJAN | | | 13,130,892 |
IAPR | | | 6,863,231 |
IJAN | | | 10,072,756 |
IJUL | | | 1,253,027 |
JULD | | | 71,165 |
OCTD | | | 14,390 |
JULH | | | 175,677 |
OCTH | | | 25,685 |
JULJ | | | 17,925 |
OCTJ | | | 21,276 |
OCTQ | | | 1,943 |
XBJL | | | 454,179 |
| | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
XDJA | | | $595,927 |
XDJL | | | 752,002 |
XDOC | | | 413,422 |
XDSQ | | | 2,965,644 |
XTAP | | | 270,614 |
XTJL | | | 997,640 |
BDEC | | | 6,347,619 |
BFEB | | | 3,939,337 |
BJAN | | | 32,096,289 |
BJUN | | | 8,308,951 |
BMAR | | | 3,281,174 |
BMAY | | | 5,160,058 |
PFEB | | | 5,165,458 |
PJAN | | | 58,585,995 |
PJUN | | | 18,432,514 |
PMAR | | | 578,985 |
PMAY | | | 29,338,699 |
UFEB | | | 2,982,962 |
UJAN | | | 15,266,431 |
UJUN | | | 2,090,070 |
UMAR | | | 4,397,783 |
UMAY | | | 4,901,645 |
KAPR | | | 8,852,570 |
KJAN | | | 19,274,758 |
KJUL | | | 6,281,637 |
| | | | |
All other Funds did not utilize any capital loss carryforwards during the fiscal year or period ended October 31, 2024.
The tax character of the distributions paid by the Funds during the fiscal years ended October 31, 2024 and October 31, 2023 were as follows:
| | | | |
APRD | | | $514,143 | | | $ 198,983 | | | $— | | | $713,126 |
JAND | | | 215,258 | | | 78,596 | | | — | | | 293,854 |
JULD | | | 303,953 | | | 63,468 | | | — | | | 367,421 |
OCTD | | | 291,307 | | | 107,201 | | | 38,351 | | | 436,859 |
LAPR | | | 87,613 | | | — | | | 29,719 | | | 117,332 |
LJAN | | | 417,456 | | | — | | | 162,312 | | | 579,768 |
LJUL | | | 30,568 | | | — | | | 10,938 | | | 41,506 |
LOCT | | | 735,995 | | | — | | | 384,786 | | | 1,120,781 |
APRH | | | 1,390,861 | | | 462,508 | | | 92,364 | | | 1,945,733 |
JANH | | | 387,862 | | | 87,730 | | | — | | | 475,592 |
JULH | | | 1,346,076 | | | 302,010 | | | — | | | 1,648,086 |
OCTH | | | 1,062,394 | | | 287,010 | | | 99,745 | | | 1,449,149 |
APRJ | | | 1,919,828 | | | 529,484 | | | 30,654 | | | 2,479,966 |
| | | | | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Notes to Financial Statements
October 31, 2024(Continued)
| | | | |
JANJ | | | $853,128 | | | $129,365 | | | $— | | | $982,493 |
JULJ | | | 1,334,589 | | | 219,971 | | | — | | | 1,554,560 |
OCTJ | | | 1,192,241 | | | 226,849 | | | 24,164 | | | 1,443,254 |
APRQ | | | 976,324 | | | 113,450 | | | 123,719 | | | 1,213,493 |
JANQ | | | 327,062 | | | 8,916 | | | — | | | 335,978 |
JULQ | | | 403,054 | | | 59,186 | | | 372 | | | 462,612 |
OCTQ | | | 572,001 | | | 49,266 | | | 40,170 | | | 661,437 |
HAPR | | | 44,091 | | | — | | | 22,674 | | | 66,765 |
HJAN | | | 305,598 | | | — | | | 198,537 | | | 504,135 |
HJUL | | | 22,917 | | | — | | | 8,565 | | | 31,482 |
HOCT | | | 566,757 | | | — | | | 421,974 | | | 988,731 |
| | | | | | | | | | | | | |
| | | | |
APRD | | | $283,107 | | | $ — | | | $ 130,166 | | | $56,909 | | | $470,182 |
JULD | | | 56,707 | | | — | | | — | | | 34,284 | | | 90,991 |
LOCT | | | 17,869 | | | — | | | — | | | 18,403 | | | 36,272 |
APRH | | | 879,416 | | | — | | | 200,890 | | | — | | | 1,080,306 |
JULH | | | 305,873 | | | — | | | — | | | 164,147 | | | 470,020 |
APRJ | | | 1,370,756 | | | — | | | 296,362 | | | — | | | 1,667,118 |
JULJ | | | 353,370 | | | — | | | — | | | 65,989 | | | 419,359 |
APRQ | | | 946,128 | | | — | | | 73,106 | | | — | | | 1,019,234 |
JULQ | | | 114,234 | | | — | | | 699 | | | — | | | 114,933 |
HOCT | | | 6,351 | | | — | | | — | | | 8,763 | | | 15,114 |
| | | | | | | | | | | | | | | | |
All other Funds did not pay any distributions during the fiscal years ended October 31, 2024 and October 31, 2023.
7. SUBSEQUENT EVENT
Management has evaluated the impact of all subsequent events of the Funds through the date of the financial statements were issued, and has determined that there were no subsequent events requiring recognition or disclosure in the financial statements.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Report of Independent Registered Public Accounting Firm
To the Shareholders and Board of Trustees of Innovator ETFs Trust
Opinion on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the schedules of investments and options written, of Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly, Innovator 20+ Year Treasury Bond 9 Buffer ETF - July, Innovator Defined Wealth Shield ETF, Innovator Emerging Markets 10 Buffer ETF - Quarterly, Innovator Emerging Markets Power Buffer ETF - April, Innovator Emerging Markets Power Buffer ETF - January, Innovator Emerging Markets Power Buffer ETF - July, Innovator Emerging Markets Power Buffer ETF - October, Innovator Equity Defined Protection ETF - 1 Yr August, Innovator Equity Defined Protection ETF - 1 Yr July, Innovator Equity Defined Protection ETF - 1 Yr November, Innovator Equity Defined Protection ETF - 1 Yr October, Innovator Equity Defined Protection ETF - 1 Yr September, Innovator Equity Defined Protection ETF - 2 Yr to April 2026, Innovator Equity Defined Protection ETF - 2 Yr to January 2026, Innovator Equity Defined Protection ETF - 2 Yr to July 2025, Innovator Equity Defined Protection ETF - 2 Yr to July 2026, Innovator Equity Defined Protection ETF - 2 Yr to October 2026, Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct, Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul, Innovator Growth Accelerated ETF - Quarterly, Innovator Growth Accelerated Plus ETF - April, Innovator Growth Accelerated Plus ETF - January, Innovator Growth Accelerated Plus ETF - July, Innovator Growth Accelerated Plus ETF - October, Innovator Growth-100 Power Buffer ETF - April, Innovator Growth-100 Power Buffer ETF - August, Innovator Growth-100 Power Buffer ETF - January, Innovator Growth-100 Power Buffer ETF - July, Innovator Growth-100 Power Buffer ETF - June, Innovator Growth-100 Power Buffer ETF - November, Innovator Growth-100 Power Buffer ETF - October, Innovator Growth-100 Power Buffer ETF - September, Innovator International Developed 10 Buffer ETF - Quarterly, Innovator International Developed Power Buffer ETF - April, Innovator International Developed Power Buffer ETF - August, Innovator International Developed Power Buffer ETF - December, Innovator International Developed Power Buffer ETF - February, Innovator International Developed Power Buffer ETF - January, Innovator International Developed Power Buffer ETF - July, Innovator International Developed Power Buffer ETF - June, Innovator International Developed Power Buffer ETF - March, Innovator International Developed Power Buffer ETF - May, Innovator International Developed Power Buffer ETF - November, Innovator International Developed Power Buffer ETF - October, Innovator International Developed Power Buffer ETF - September, Innovator Nasdaq-100 10 Buffer ETF - Quarterly, Innovator Premium Income 10 Barrier ETF - April, Innovator Premium Income 10 Barrier ETF - January, Innovator Premium Income 10 Barrier ETF - July, Innovator Premium Income 10 Barrier ETF - October, Innovator Premium Income 15 Buffer ETF - April, Innovator Premium Income 15 Buffer ETF - January, Innovator Premium Income 15 Buffer ETF - July, Innovator Premium Income 15 Buffer ETF - October, Innovator Premium Income 20 Barrier ETF - April, Innovator Premium Income 20 Barrier ETF - January, Innovator Premium Income 20 Barrier ETF - July, Innovator Premium Income 20 Barrier ETF - October, Innovator Premium Income 30 Barrier ETF - April, Innovator Premium Income 30 Barrier ETF - January, Innovator Premium Income 30 Barrier ETF - July, Innovator Premium Income 30 Barrier ETF - October, Innovator Premium Income 40 Barrier ETF - April, Innovator Premium Income 40 Barrier ETF - January, Innovator Premium Income 40 Barrier ETF - July, Innovator Premium Income 40 Barrier ETF - October, Innovator Premium Income 9 Buffer ETF - April, Innovator Premium Income 9 Buffer ETF - January, Innovator Premium Income 9 Buffer ETF - July, Innovator Premium Income 9 Buffer ETF - October, Innovator U.S. Equity 10 Buffer ETF - Quarterly, Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly, Innovator U.S. Equity Accelerated 9 Buffer ETF - April, Innovator U.S. Equity Accelerated 9 Buffer ETF - January, Innovator U.S. Equity Accelerated 9 Buffer ETF - July, Innovator U.S. Equity Accelerated 9 Buffer ETF - October, Innovator U.S. Equity Accelerated ETF - April, Innovator U.S. Equity Accelerated ETF - January, Innovator U.S. Equity Accelerated ETF - July, Innovator U.S. Equity Accelerated ETF - October, Innovator U.S. Equity Accelerated ETF - Quarterly, Innovator U.S. Equity Accelerated Plus ETF - April, Innovator U.S. Equity Accelerated Plus ETF - January, Innovator U.S. Equity Accelerated Plus ETF - July, Innovator U.S. Equity Accelerated Plus ETF - October, Innovator U.S. Equity Buffer ETF - April, Innovator U.S. Equity Buffer ETF - August, Innovator U.S. Equity Buffer ETF - December, Innovator U.S. Equity Buffer ETF - February, Innovator U.S. Equity Buffer ETF - January, Innovator U.S. Equity Buffer ETF - July, Innovator U.S. Equity Buffer ETF - June, Innovator U.S. Equity Buffer ETF - March, Innovator U.S. Equity Buffer ETF - May, Innovator U.S. Equity Buffer ETF - November, Innovator U.S. Equity Buffer ETF - October, Innovator U.S. Equity Buffer ETF - September, Innovator U.S. Equity Power Buffer ETF - April, Innovator U.S. Equity Power Buffer ETF - August, Innovator U.S. Equity Power Buffer ETF - December, Innovator U.S. Equity Power Buffer ETF - February, Innovator U.S. Equity Power Buffer ETF - January, Innovator U.S. Equity Power Buffer ETF - July, Innovator U.S. Equity Power Buffer ETF - June, Innovator
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Report of Independent Registered Public Accounting Firm(Continued)
U.S. Equity Power Buffer ETF - March, Innovator U.S. Equity Power Buffer ETF - May, Innovator U.S. Equity Power Buffer ETF - November, Innovator U.S. Equity Power Buffer ETF - October, Innovator U.S. Equity Power Buffer ETF - September, Innovator U.S. Equity Ultra Buffer ETF - April, Innovator U.S. Equity Ultra Buffer ETF - August, Innovator U.S. Equity Ultra Buffer ETF - December, Innovator U.S. Equity Ultra Buffer ETF - February, Innovator U.S. Equity Ultra Buffer ETF - January, Innovator U.S. Equity Ultra Buffer ETF - July, Innovator U.S. Equity Ultra Buffer ETF - June, Innovator U.S. Equity Ultra Buffer ETF - March, Innovator U.S. Equity Ultra Buffer ETF - May, Innovator U.S. Equity Ultra Buffer ETF - November, Innovator U.S. Equity Ultra Buffer ETF - October, Innovator U.S. Equity Ultra Buffer ETF - September, Innovator U.S. Small Cap 10 Buffer ETF - Quarterly, Innovator U.S. Small Cap Power Buffer ETF - April, Innovator U.S. Small Cap Power Buffer ETF - August, Innovator U.S. Small Cap Power Buffer ETF - January, Innovator U.S. Small Cap Power Buffer ETF - July, Innovator U.S. Small Cap Power Buffer ETF - June, Innovator U.S. Small Cap Power Buffer ETF - November, Innovator U.S. Small Cap Power Buffer ETF - October and Innovator U.S. Small Cap Power Buffer ETF - September (the “Funds”), each a series of Innovator ETFs Trust, as of October 31, 2024, the related statements of operations, the statements of changes in net assets, the financial highlights, and the related notes for each of the periods indicated below (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2024, the results of their operations, the changes in net assets, and the financial highlights for each of the periods indicated below in conformity with accounting principles generally accepted in the United States of America.
| | | | | | | | | | |
Innovator Emerging Markets Power Buffer ETF - July, Innovator Growth-100 Power Buffer ETF - October, Innovator International Developed Power Buffer ETF - July, Innovator U.S. Equity Buffer - July, Innovator U.S. Equity Buffer ETF - April, Innovator U.S. Equity Buffer ETF - August, Innovator U.S. Equity Buffer ETF - January, Innovator U.S. Equity Buffer ETF - June, Innovator U.S. Equity Buffer ETF - November, Innovator U.S. Equity Buffer ETF - October, Innovator U.S. Equity Buffer ETF - September, Innovator U.S. Equity Power Buffer ETF - April, Innovator U.S. Equity Power Buffer ETF - August, Innovator U.S. Equity Power Buffer ETF - January, Innovator U.S. Equity Power Buffer ETF - July, Innovator U.S. Equity Power Buffer ETF - June, Innovator U.S. Equity Power Buffer ETF - November, Innovator U.S. Equity Power Buffer ETF - October, Innovator U.S. Equity Power Buffer ETF - September, Innovator U.S. Equity Ultra Buffer ETF - April, Innovator U.S. Equity Ultra Buffer ETF - August, Innovator U.S. Equity Ultra Buffer ETF - January, Innovator U.S. Equity Ultra Buffer ETF - July, Innovator U.S. Equity Ultra Buffer ETF - June, Innovator U.S. Equity Ultra Buffer ETF - November, Innovator U.S. Equity Ultra Buffer ETF - October, Innovator U.S. Equity Ultra Buffer ETF - September, and Innovator U.S. Small Cap Power Buffer ETF - October | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022, 2021, and 2020 |
| | | | | | | | | | |
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Report of Independent Registered Public Accounting Firm(Continued)
| | | | | | | | | | |
Innovator Emerging Markets Power Buffer ETF - January, Innovator Growth-100 Power Buffer ETF - January, Innovator International Developed Power Buffer ETF - January, and
Innovator U.S. Small Cap Power Buffer ETF - January, | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022 and 2021 and for the period from December 31, 2019 (commencement of operations) through October 31, 2020 |
Innovator Growth-100 Power Buffer ETF - April and Innovator U.S. Small Cap Power Buffer ETF - April | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022 and 2021 and for the period from March 31, 2020 (commencement of operations) through October 31, 2020 |
Innovator Growth-100 Power Buffer ETF - July and Innovator U.S. Small Cap Power Buffer ETF - July | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022 and 2021 and for the period from June 30, 2020 (commencement of operations) through October 31, 2020 |
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly and Innovator 20+ Year Treasury Bond 9 Buffer ETF - July | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022 and 2021 and for the period from August 17, 2020 (commencement of operations) through October 31, 2020 |
Innovator U.S. Equity Buffer ETF - December, Innovator U.S. Equity Power Buffer ETF - December, and Innovator U.S. Equity Ultra Buffer ETF - December | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022 and 2021, and for the period from November 29, 2019 (commencement of operations) through October 31, 2020 |
Innovator U.S. Equity Buffer ETF - February, Innovator U.S. Equity Power Buffer ETF - February, and Innovator U.S. Equity Ultra Buffer ETF - February | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022 and 2021, and for the period from January 31, 2020 (commencement of operations) through October 31, 2020 |
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INNOVATOR ETFs TRUST
Report of Independent Registered Public Accounting Firm(Continued)
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Innovator U.S. Equity Buffer ETF - March, Innovator U.S. Equity Power Buffer ETF - March, and Innovator U.S. Equity Ultra Buffer ETF - March | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022 and 2021, and for the period from February 28, 2020 (commencement of operations) through October 31, 2020 |
Innovator U.S. Equity Buffer ETF - May, Innovator U.S. Equity Power Buffer ETF - May, and Innovator U.S. Equity Ultra Buffer ETF - May | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, 2022 and 2021, and for the period from April 30, 2020 (commencement of operations) through October 31, 2020 |
Innovator Emerging Markets Power Buffer ETF - April, Innovator Growth Accelerated ETF - Quarterly, Innovator Growth Accelerated Plus ETF - April, Innovator International Developed Power Buffer ETF - April, Innovator U.S. Equity Accelerated 9 Buffer ETF - April, Innovator U.S. Equity Accelerated ETF - April, Innovator U.S. Equity Accelerated ETF - Quarterly, and Innovator U.S. Equity Accelerated Plus ETF - April | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, and 2022, and for the period from March 31, 2021 (commencement of operations) through October 31, 2021 |
Innovator Defined Wealth Shield ETF, Innovator Growth Accelerated Plus ETF - July, Innovator U.S. Equity Accelerated 9 Buffer ETF - July, Innovator U.S. Equity Accelerated ETF - July, and Innovator U.S. Equity Accelerated Plus ETF - July | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, and 2022, and for the period from June 30, 2021 (commencement of operations) through October 31, 2021 |
Innovator Emerging Markets Power Buffer ETF - October, Innovator Growth Accelerated Plus ETF - October, Innovator International Developed Power Buffer ETF - October, Innovator U.S. Equity Accelerated 9 Buffer ETF - October, Innovator U.S. Equity Accelerated ETF - October, and Innovator U.S. Equity Accelerated Plus ETF - October | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, and 2022, and for the period from September 30, 2021 (commencement of operations) through October 31, 2021 |
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INNOVATOR ETFs TRUST
Report of Independent Registered Public Accounting Firm(Continued)
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Innovator Growth Accelerated Plus ETF - January, Innovator U.S. Equity Accelerated 9 Buffer ETF - January, Innovator U.S. Equity Accelerated ETF - January, and Innovator U.S. Equity Accelerated Plus ETF - January | | | For the year ended October 31, 2024 | | | For the years ended October 31, 2024 and 2023 | | | For the years ended October 31, 2024, 2023, and for the period from December 31, 2021 (commencement of operations) through October 31, 2022 |
Innovator Premium Income 10 Barrier ETF - April, Innovator Premium Income 20 Barrier ETF - April, Innovator Premium Income 30 Barrier ETF - April, and Innovator Premium Income 40 Barrier ETF - April | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024, and for the period from March 31, 2023 (commencement of operations) through October 31, 2023 |
Innovator Premium Income 10 Barrier ETF - July, Innovator Premium Income 20 Barrier ETF - July, Innovator Premium Income 30 Barrier ETF - July, and Innovator Premium Income 40 Barrier ETF - July | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024, and for the period from June 30, 2023 (commencement of operations) through October 31, 2023 |
Innovator Premium Income 10 Barrier ETF - October, Innovator Premium Income 15 Buffer ETF - October, Innovator Premium Income 20 Barrier ETF – October, Innovator Premium Income 30 Barrier ETF - October, Innovator Premium Income 40 Barrier ETF - October, Innovator Premium Income 9 Buffer ETF - October, Innovator U.S. Equity 10 Buffer ETF - Quarterly, and Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024, and for the period from September 29, 2023 (commencement of operations) through October 31, 2023 |
Innovator Equity Defined Protection ETF - 2 Yr to July 2025 | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024, and for the period from July 17, 2023 (commencement of operations) through October 31, 2023 |
Innovator International Developed Power Buffer ETF - September | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024, and for the period from August 31, 2023 (commencement of operations) through October 31, 2023 |
Innovator International Developed Power Buffer ETF - November | | | For the year ended October 31, 2024 | | | For the year ended October 31, 2024, and for the period from October 31, 2023 (commencement of operations) through October 31, 2023 |
Innovator International Developed Power Buffer ETF - December | | | For the period from November 30, 2023 (commencement of operations) through October 31, 2024 |
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Report of Independent Registered Public Accounting Firm(Continued)
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Innovator Equity Defined Protection ETF - 2 Yr to January 2026, Innovator Premium Income 10 Barrier ETF - January, Innovator Premium Income 15 Buffer ETF - January, Innovator Premium Income 20 Barrier ETF - January, Innovator Premium Income 30 Barrier ETF - January, Innovator Premium Income 40 Barrier ETF - January, and Innovator Premium Income 9 Buffer ETF - January | | | For the period from December 29, 2023 (commencement of operations) through October 31, 2024 |
Innovator International Developed Power Buffer ETF - February | | | For the period from January 31, 2024 (commencement of operations) through October 31, 2024 |
Innovator International Developed Power Buffer ETF - March | | | For the period from February 29, 2024 (commencement of operations) through October 31, 2024 |
Innovator Equity Defined Protection ETF - 2 Yr to April 2026, Innovator Premium Income 15 Buffer ETF - April, and Innovator Premium Income 9 Buffer ETF - April | | | For the period from March 28, 2024 (commencement of operations) through October 31, 2024 |
Innovator International Developed Power Buffer ETF - May | | | For the period from April 30, 2024 (commencement of operations) through October 31, 2024 |
Innovator Growth-100 Power Buffer ETF - June, Innovator International Developed Power Buffer ETF - June, and Innovator U.S. Small Cap Power Buffer ETF - June | | | For the period from May 31, 2024 (commencement of operations) through October 31, 2024 |
Innovator Emerging Markets 10 Buffer ETF - Quarterly, Innovator Equity Defined Protection ETF - 1 Yr July, Innovator Equity Defined Protection ETF - 2 Yr to July 2026, Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul, Innovator International Developed 10 Buffer ETF - Quarterly, Innovator Nasdaq-100 10 Buffer ETF - Quarterly, Innovator Premium Income 15 Buffer ETF - July, Innovator Premium Income 9 Buffer ETF - July, and Innovator U.S. Small Cap 10 Buffer ETF - Quarterly | | | For the period from June 28, 2024 (commencement of operations) through October 31, 2024 |
Innovator Equity Defined Protection ETF - 1 Yr August, Innovator Growth-100 Power Buffer ETF - August, Innovator International Developed Power Buffer ETF - August, and Innovator U.S. Small Cap Power Buffer ETF - August | | | For the period from July 31, 2024 (commencement of operations) through October 31, 2024 |
Innovator Equity Defined Protection ETF - 1 Yr September, Innovator Growth-100 Power Buffer ETF - September, and Innovator U.S. Small Cap Power Buffer ETF - September | | | For the period from August 30, 2024 (commencement of operations) through October 31, 2024 |
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INNOVATOR ETFs TRUST
Report of Independent Registered Public Accounting Firm(Continued)
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Innovator Equity Defined Protection ETF - 1 Yr October, Innovator Equity Defined Protection ETF - 2 Yr to October 2026, and Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct | | | For the period from September 30, 2024 (commencement of operations) through October 31, 2024 |
Innovator Equity Defined Protection ETF - 1 Yr November, Innovator Growth-100 Power Buffer ETF - November, and Innovator U.S. Small Cap Power Buffer ETF - November | | | For the period from October 31, 2024 (commencement of operations) through October 31, 2024 |
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Basis for Opinion
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of October 31, 2024, by correspondence with the custodian and brokers. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
We have served as the auditor of one or more of Innovator Capital Management, LLC’s investment companies since 2017.
COHEN & COMPANY, LTD.
Milwaukee, Wisconsin
December 27, 2024
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUNDS:
Innovator U.S. Equity Buffer ETF - January, February, March, April, May, June, July, August, September, October, November, December
Innovator U.S. Equity Power Buffer ETF - January, February, March, April, May, June, July, August, September, October, November, December
Innovator U.S. Equity Ultra Buffer ETF - January, February, March, April, May, June, July, August, September, October, November, December
Innovator Premium Income 10 Barrier ETF - January, April, July, October
Innovator Premium Income 20 Barrier ETF - January, April, July, October
Innovator Premium Income 30 Barrier ETF - January, April, July, October
Innovator Premium Income 40 Barrier ETF - January, April, July, October
Innovator International Developed Power Buffer ETF - January, April, July, October
Innovator Emerging Markets Power Buffer ETF - January, April, July, October
Innovator Growth-100 Power Buffer ETF - January, April, July, October
Innovator U.S. Small Cap Power Buffer ETF - January, April, July, October
Innovator 20+ Year Treasury Bond 9 Buffer ETF - July
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly
Innovator U.S. Equity Accelerated ETF - January, April, July, October
Innovator U.S. Equity Accelerated Plus ETF - January, April, July, October
Innovator U.S. Equity Accelerated 9 Buffer ETF - January, April, July, October
Innovator Growth Accelerated Plus ETF - January, April, July, October
Innovator Defined Wealth Shield ETF
Innovator U.S. Equity Accelerated ETF - Quarterly
Innovator Growth Accelerated ETF - Quarterly
At a quarterly Board meeting held on June 13, 2024, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator U.S. Equity Buffer ETF - January, February, March, April, May, June, July, August, September, October, November, December, Innovator U.S. Equity Power Buffer ETF - January, February, March, April, May, June, July, August, September, October, November, December, Innovator U.S. Equity Ultra Buffer ETF - January, February, March, April, May, June, July, August, September, October, November, December, Innovator Premium Income 10 Barrier ETF - January, April, July, October, Innovator Premium Income 20 Barrier ETF - January, April, July, October, Innovator Premium Income 30 Barrier ETF - January, April, July, October, Innovator Premium Income 40 Barrier ETF - January, April, July, October, Innovator International Developed Power Buffer ETF - January, April, July, October, Innovator Emerging Markets Power Buffer ETF - January, April, July, October, Innovator Growth-100 Power Buffer ETF - January, April, July, October, Innovator U.S. Small Cap Power Buffer ETF - January, April, July, October, Innovator 20+ Year Treasury Bond 9 Buffer ETF - July, Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly, Innovator U.S. Equity Accelerated ETF - January, April, July, October, Innovator U.S. Equity Accelerated Plus ETF - January, April, July, October, Innovator U.S. Equity Accelerated 9 Buffer ETF - January, April, July, October, Innovator Growth Accelerated Plus ETF - January, April, July, October, Innovator Defined Wealth Shield ETF, Innovator U.S. Equity Accelerated ETF - Quarterly, and Innovator Growth Accelerated ETF - Quarterly, (the “Funds”), and the Sub-Advisory Agreement among the Trust, on behalf of the Funds, the Adviser and Milliman Financial Risk Management LLC (“Milliman” or the “Sub-Adviser”), for an additional year term. The Board determined that the agreements were in the best interests of the Funds in light of the extent and quality of the services provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services provided by the Adviser and the Sub-Adviser to the Funds (including the relevant personnel responsible for these services and their experience); the unitary fee rate payable by each Fund as compared to fees charged to peer groups of the Funds and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub-Adviser; the expenses of the Funds as compared to expense ratios of the funds in the respective Fund’s peer group; the nature of the expenses incurred in providing services to the Funds and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from each Fund’s perspective as well as from the perspective of each Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services provided by the Adviser and Milliman pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser is responsible for the overall management and administration of the Funds and reviewed all of the services provided by the Adviser to the Funds, including oversight of Milliman, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser oversees Milliman’s day-to-day management of each of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Milliman’s and each Fund’s compliance with the 1940 Act, as well as each Fund’s compliance with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by Milliman and noted the background and experience of Milliman’s portfolio management team and Milliman’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent, and quality of the services provided to the Funds by the Adviser and Milliman under the agreements were expected to be satisfactory.
The Board considered the historical investment performance of each of the Funds (where applicable) for the respective one-, three-, and five-year periods ended March 31, 2024 including NAV, market, and respective index returns.The Board considered the unitary fee rate or management fee rate, as applicable, currently paid by each Fund under the investment management agreement for the services provided.
The Board noted that the Adviser is responsible for the Funds’ expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Funds showing the advisory fee rates and expense ratios of the funds comprising of each Fund’s peer group, as well as advisory fee rates charged by the Adviser and Milliman to other funds (including ETFs) and non-fund clients, as applicable.
In light of the information considered and the nature, extent and quality of the services provided to the Funds under the agreements, the Board determined that the unitary fee for each of the Funds, including the fee rate to be paid by the Adviser to Milliman from the unitary fee, was fair.
The Board noted that the unitary fee for each of the Funds were structured to pass the benefits of any economies of scale on to shareholders as the respective Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the respective Fund would benefit the Adviser and Milliman, but that the unitary fee structure provides a level of certainty in expenses for each of the Funds. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
The Board reviewed profitability information in connection with the Funds.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Milliman. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Milliman were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Funds. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUNDS:
Innovator Equity Defined Protection ETF - 2 Yr to July 2026
Innovator International Developed Power Buffer ETF - June
Innovator International Developed Power Buffer ETF - August
At a quarterly Board meeting held on June 16, 2023, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator Equity Defined Protection ETF - 2 Yr to July 2026 and Innovator International Developed Power Buffer ETF - June & August (the “Funds”), and the Sub-Advisory Agreement among the Trust, on behalf of the Funds, the Adviser and Milliman Financial Risk Management LLC (“Milliman” or the “Sub-Adviser”), for an initial two-year term. The Board determined that the agreements were in the best interests of the Funds in light of the extent and quality of the services expected to be provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services to be provided by the Adviser and the Sub-Adviser to the Funds (including the relevant personnel responsible for these services and their experience); the proposed unitary fee rate payable by each Fund as compared to fees charged to peer groups of the Funds and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub-Adviser; the estimated expenses of the Funds as compared to expense ratios of the funds in the respective Fund’s peer group; the nature of the expenses to be incurred in providing services to the Funds and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from each Fund’s perspective as well as from the perspective of each Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services to be provided by the Adviser and Milliman pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser will be responsible for the overall management and administration of the Funds and reviewed all of the services to be provided by the Adviser to the Funds, including oversight of Milliman, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser will oversee Milliman’s day-to-day management of each of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services to be provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Milliman’s and each Fund’s compliance with the 1940 Act, as well as each Fund’s compliance with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by Milliman and noted the background and experience of Milliman’s portfolio management team and Milliman’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services to be provided to the Funds by the Adviser and Milliman under the agreements were expected to be satisfactory.
Since the Funds had yet to commence investment operations, the Board could not consider the historical investment performance of the Funds.
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
The Board considered the proposed unitary fee rate payable by each Fund under the investment management agreement for the services to be provided. The Board noted that, under the unitary fee arrangement, IJUN and IAUG would pay the Adviser a unitary fee equal to an annual rate of 0.85% of its average daily net assets, and AJUL would pay the Adviser a unitary fee equal to an annual rate of 0.79% of its average daily net assets. The Board considered that, from the unitary fee for each of the Funds, the Adviser would pay Milliman an annual sub-advisory fee based on each Fund’s assets under management at a maximum rate of 0.12%.
The Board noted that the Adviser would be responsible for the Funds’ expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Funds showing the advisory fee rates and expense ratios of the funds comprising of each Fund’s peer group, as well as advisory fee rates charged by the Adviser and Milliman to other funds (including ETFs) and non-fund clients, as applicable. In light of the information considered and the nature, extent and quality of the services expected to be provided to the Funds under the agreements, the Board determined that the proposed unitary fee for each of the Funds, including the fee rate to be paid by the Adviser to Milliman from the unitary fee, was fair.
The Board noted that the proposed unitary fee for each of the Funds was structured to pass the benefits of any economies of scale on to shareholders as the respective Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the respective Fund would benefit the Adviser and Milliman, but that the unitary fee structure provides a level of certainty in expenses for each of the Funds. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
Because the Funds have not yet commenced operations and the actual asset base of the Funds has not yet been determined, the Board noted that there was no historical profitability information with respect to the Funds to be reviewed. The Board noted that it would review profitability information in connection with subsequent renewals of the agreements.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Milliman. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Milliman were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Funds. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUNDS:
Innovator Premium Income 9 Buffer ETF - July
Innovator Premium Income 15 Buffer ETF - July
At a quarterly Board meeting held on September 11, 2023, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator Premium Income 9 Buffer ETF - July and Innovator Premium Income 15 Buffer ETF - July (the “Funds”), and the Sub-Advisory Agreement among the Trust, on behalf of the Funds, the Adviser and Milliman Financial Risk Management LLC (“Milliman” or the “Sub- Adviser”), for an initial two-year term. The Board determined that the agreements were in the best interests of the Funds in light of the extent and quality of the services expected to be provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services to be provided by the Adviser and the Sub-Adviser to the Funds (including the relevant personnel responsible for these services and their experience); the proposed unitary fee rate payable by each Fund as compared to fees charged to peer groups of the Funds and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub-Adviser; the estimated expenses of the Funds as compared to expense ratios of the funds in the respective Fund’s peer group; the nature of the expenses to be incurred in providing services to the Funds and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from each Fund’s perspective as well as from the perspective of each Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services to be provided by the Adviser and Milliman pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser will be responsible for the overall management and administration of the Funds and reviewed all of the services to be provided by the Adviser to the Funds, including oversight of Milliman, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser will oversee Milliman’s day-to-day management of each of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services to be provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Milliman’s and each Fund’s compliance with the 1940 Act, as well as each Fund’s compliance with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by Milliman and noted the background and experience of Milliman’s portfolio management team and Milliman’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services to be provided to the Funds by the Adviser and Milliman under the agreements were expected to be satisfactory.
Since the Funds had yet to commence investment operations, the Board could not consider the historical investment performance of the Funds.
The Board considered the proposed unitary fee rate payable by each Fund under the investment management agreement for the services to be provided. The Board noted that, under the unitary fee arrangement, each Fund would
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
pay the Adviser a unitary fee equal to an annual rate of 0.79% of its average daily net assets. The Board considered that, from the unitary fee for each of the Funds, the Adviser would pay Milliman an annual sub-advisory fee based on each Fund's assets under management at a maximum rate of 0.12%.
The Board noted that the Adviser would be responsible for the Funds’ expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Funds showing the advisory fee rates and expense ratios of the funds comprising of each Fund’s peer group, as well as advisory fee rates charged by the Adviser and Milliman to other funds (including ETFs) and non-fund clients, as applicable. In light of the information considered and the nature, extent and quality of the services expected to be provided to the Funds under the agreements, the Board determined that the proposed unitary fee for each of the Funds, including the fee rate to be paid by the Adviser to Milliman from the unitary fee, was fair.
The Board noted that the proposed unitary fee for each of the Funds was structured to pass the benefits of any economies of scale on to shareholders as the respective Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the respective Fund would benefit the Adviser and Milliman, but that the unitary fee structure provides a level of certainty in expenses for each of the Funds. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
Because the Funds have not yet commenced operations and the actual asset base of the Funds has not yet been determined, the Board noted that there was no historical profitability information with respect to the Funds to be reviewed. The Board noted that it would review profitability information in connection with subsequent renewals of the agreements.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Milliman. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Milliman were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Funds. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUND:
Innovator Equity Defined Protection ETF - 2 Yr to October 2026
At a quarterly Board meeting held on December 13, 2023, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator Equity Defined Protection ETF - 2 Yr to October 2026 (the “Fund”), and the Sub-Advisory Agreement among the Trust, on behalf of the Fund, the Adviser and Milliman Financial Risk Management LLC (“Milliman” or the “Sub- Adviser”), for an initial two-year term. The Board determined that the agreements were in the best interests of the Fund in light of the extent and quality of the services expected to be provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services to be provided by the Adviser and the Sub-Adviser to the Fund (including the relevant personnel responsible for these services and their experience); the proposed unitary fee rate payable by the Fund as compared to fees charged to peer groups of the Fund and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub-Adviser; the estimated expenses of the Fund as compared to expense ratios of the funds in the Fund’s peer group; the nature of the expenses to be incurred in providing services to the Fund and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from the Fund’s perspective as well as from the perspective of the Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services to be provided by the Adviser and Milliman pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser will be responsible for the overall management and administration of the Fund and reviewed all of the services to be provided by the Adviser to the Fund, including oversight of Milliman, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser will oversee Milliman’s day-to-day management of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services to be provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Milliman’s and the Fund’s compliance with the 1940 Act, as well as the Fund’s compliance with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by Milliman and noted the background and experience of Milliman’s portfolio management team and Milliman’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services to be provided to the Fund by the Adviser and Milliman under the agreements were expected to be satisfactory.
Since the Fund had yet to commence investment operations, the Board could not consider the historical investment performance of the Fund.
The Board considered the proposed unitary fee rate payable by the Fund under the investment management agreement for the services to be provided. The Board noted that, under the unitary fee arrangement, the Fund would pay
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
the Adviser a unitary fee equal to an annual rate of 0.79% of its average daily net assets. The Board considered that, from the unitary fee for the Fund, the Adviser would pay Milliman an annual sub-advisory fee based on the Fund's assets under management at a maximum rate of 0.12%.
The Board noted that the Adviser would be responsible for the Fund’s expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Fund showing the advisory fee rates and expense ratios of the funds comprising of the Fund’s peer group, as well as advisory fee rates charged by the Adviser and Milliman to other funds (including ETFs) and non-fund clients, as applicable. In light of the information considered and the nature, extent and quality of the services expected to be provided to the Fund under the agreements, the Board determined that the proposed unitary fee for the Fund, including the fee rate to be paid by the Adviser to Milliman from the unitary fee, was fair.
The Board noted that the proposed unitary fee for the Fund were structured to pass the benefits of any economies of scale on to shareholders as the respective Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the Fund would benefit the Adviser and Milliman, but that the unitary fee structure provides a level of certainty in expenses for the Fund. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
Because the Fund has not yet commenced operations and the actual asset base of the Fund has not yet been determined, the Board noted that there was no historical profitability information with respect to the Fund to be reviewed. The Board noted that it would review profitability information in connection with subsequent renewals of the agreements.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Milliman. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Milliman were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Fund. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUNDS:
Innovator Growth-100 Power Buffer ETF - June
Innovator Growth-100 Power Buffer ETF - August
Innovator Growth-100 Power Buffer ETF - September
Innovator Growth-100 Power Buffer ETF - November
Innovator U.S. Small Cap Power Buffer ETF - June
Innovator U.S. Small Cap Power Buffer ETF - August
Innovator U.S. Small Cap Power Buffer ETF - September
Innovator U.S. Small Cap Power Buffer ETF - November
At a special Board meeting held on April 24, 2024, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator Growth-100 Power Buffer ETF - June, Innovator U.S. Small Cap Power Buffer ETF - June, Innovator Growth-100 Power Buffer ETF - August, Innovator U.S. Small Cap Power Buffer ETF - August, Innovator Growth-100 Power Buffer ETF - September, Innovator U.S. Small Cap Power Buffer ETF - September, Innovator Growth-100 Power Buffer ETF - November, and Innovator U.S. Small Cap Power Buffer ETF - November (the “Funds”), and the Sub-Advisory Agreement among the Trust, on behalf of the Funds, the Adviser and Milliman Financial Risk Management LLC (“Milliman” or the “Sub- Adviser”), for an initial two-year term. The Board determined that the agreements were in the best interests of the Funds in light of the extent and quality of the services expected to be provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services to be provided by the Adviser and the Sub-Adviser to the Funds (including the relevant personnel responsible for these services and their experience); the proposed unitary fee rate payable by each Fund as compared to fees charged to peer groups of the Funds and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub-Adviser; the estimated expenses of the Funds as compared to expense ratios of the funds in the respective Fund’s peer group; the nature of the expenses to be incurred in providing services to the Funds and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from each Fund’s perspective as well as from the perspective of each Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services to be provided by the Adviser and Milliman pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser will be responsible for the overall management and administration of the Funds and reviewed all of the services to be provided by the Adviser to the Funds, including oversight of Milliman, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser will oversee Milliman’s day-to-day management of each of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services to be provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Milliman’s and each Fund’s compliance with the 1940 Act, as well as each Fund’s compliance
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by Milliman and noted the background and experience of Milliman’s portfolio management team and Milliman’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services to be provided to the Funds by the Adviser and Milliman under the agreements were expected to be satisfactory.
Since the Funds had yet to commence investment operations, the Board could not consider the historical investment performance of the Funds.
The Board considered the proposed unitary fee rate payable by each Fund under the investment management agreement for the services to be provided. The Board noted that, under the unitary fee arrangement, each Fund would pay the Adviser a unitary fee equal to an annual rate of 0.79% of its average daily net assets. The Board considered that, from the unitary fee for each of the Funds, the Adviser would pay Milliman an annual sub-advisory fee based on each Fund’s assets under management at a maximum rate of 0.12%.
The Board noted that the Adviser would be responsible for the Funds’ expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Funds showing the advisory fee rates and expense ratios of the funds comprising of each Fund’s peer group, as well as advisory fee rates charged by the Adviser and Milliman to other funds (including ETFs) and non-fund clients, as applicable. In light of the information considered and the nature, extent and quality of the services expected to be provided to the Funds under the agreements, the Board determined that the proposed unitary fee for each of the Funds, including the fee rate to be paid by the Adviser to Milliman from the unitary fee, was fair.
The Board noted that the proposed unitary fee for each of the Funds was structured to pass the benefits of any economies of scale on to shareholders as the respective Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the respective Fund would benefit the Adviser and Milliman, but that the unitary fee structure provides a level of certainty in expenses for each of the Funds. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
Because the Funds have not yet commenced operations and the actual asset base of the Funds has not yet been determined, the Board noted that there was no historical profitability information with respect to the Funds to be reviewed. The Board noted that it would review profitability information in connection with subsequent renewals of the agreements.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Milliman. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Milliman were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Funds. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUNDS:
Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul
Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct
Innovator Equity Defined Protection ETF - 1 Yr July
Innovator Equity Defined Protection ETF - 1 Yr October
Innovator Nasdaq-100 10 Buffer ETF - Quarterly
Innovator U.S. Small Cap 10 Buffer ETF - Quarterly
Innovator International Developed 10 Buffer ETF - Quarterly
Innovator Emerging Markets 10 Buffer ETF - Quarterly
At a quarterly Board meeting held on June 13, 2024, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator Equity Defined Protection ETF - 1 Yr July, Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul, Innovator Nasdaq-100 10 Buffer ETF - Quarterly, Innovator U.S. Small Cap 10 Buffer ETF - Quarterly, Innovator International Developed 10 Buffer ETF - Quarterly, Innovator Emerging Markets 10 Buffer ETF - Quarterly, Innovator Equity Defined Protection ETF - 1 Yr October, and Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct (the “Funds”), and the Sub-Advisory Agreement among the Trust, on behalf of the Funds, the Adviser and Milliman Financial Risk Management LLC (“Milliman” or the “Sub- Adviser”), for an initial two-year term. The Board determined that the agreements were in the best interests of the Funds in light of the extent and quality of the services expected to be provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services to be provided by the Adviser and the Sub-Adviser to the Funds (including the relevant personnel responsible for these services and their experience); the proposed unitary fee rate payable by each Fund as compared to fees charged to peer groups of the Funds and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub-Adviser; the estimated expenses of the Funds as compared to expense ratios of the funds in the respective Fund’s peer group; the nature of the expenses to be incurred in providing services to the Funds and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from each Fund’s perspective as well as from the perspective of each Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services to be provided by the Adviser and Milliman pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser will be responsible for the overall management and administration of the Funds and reviewed all of the services to be provided by the Adviser to the Funds, including oversight of Milliman, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser will oversee Milliman’s day-to-day management of each of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services to be provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Milliman’s and each Fund’s compliance with the 1940 Act, as well as each Fund’s compliance
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by Milliman and noted the background and experience of Milliman’s portfolio management team and Milliman’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services to be provided to the Funds by the Adviser and Milliman under the agreements were expected to be satisfactory.
Since the Funds had yet to commence investment operations, the Board could not consider the historical investment performance of the Funds.
The Board considered the proposed unitary fee rate payable by each Fund under the investment management agreement for the services to be provided. The Board noted that, under the unitary fee arrangement, IBUF would pay the Adviser a unitary fee equal to an annual rate of 0.85% of its average daily net assets, EBUF would pay the Adviser a unitary fee equal to an annual rate of 0.89% of its average daily net assets, and ZJUL, JAJL, QBUF, RBUF, ZOCT and APOC would pay the Adviser a unitary fee equal to an annual rate of 0.79% of its average daily net assets. The Board considered that, from the unitary fee for each of the Funds, the Adviser would pay Milliman an annual sub-advisory fee based on each Fund’s assets under management at a maximum rate of 0.12%.
The Board noted that the Adviser would be responsible for the Funds’ expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Funds showing the advisory fee rates and expense ratios of the funds comprising of each Fund’s peer group, as well as advisory fee rates charged by the Adviser and Milliman to other funds (including ETFs) and non-fund clients, as applicable. In light of the information considered and the nature, extent and quality of the services expected to be provided to the Funds under the agreements, the Board determined that the proposed unitary fee for each of the Funds, including the fee rate to be paid by the Adviser to Milliman from the unitary fee, was fair.
The Board noted that the proposed unitary fee for each of the Funds was structured to pass the benefits of any economies of scale on to shareholders as the respective Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the respective Fund would benefit the Adviser and Milliman, but that the unitary fee structure provides a level of certainty in expenses for each of the Funds. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
Because the Funds have not yet commenced operations and the actual asset base of the Funds has not yet been determined, the Board noted that there was no historical profitability information with respect to the Funds to be reviewed. The Board noted that it would review profitability information in connection with subsequent renewals of the agreements.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Milliman. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Milliman were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Funds. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
TABLE OF CONTENTS
INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)
BOARD CONSIDERATIONS REGARDING APPROVAL OF INVESTMENT MANAGEMENT AGREEMENT AND INVESTMENT SUB-ADVISORY AGREEMENT FOR THE FOLLOWING INNOVATOR FUNDS:
Innovator Equity Defined Protection ETF - 1 Yr August
Innovator Equity Defined Protection ETF - 1 Yr September
Innovator Equity Defined Protection ETF - 1 Yr November
At a special Board meeting held on July 22, 2024, the Trust’s Board considered approval of the Advisory Agreement with Innovator Capital Management, LLC (the “Adviser”), on behalf of the Innovator Equity Defined Protection ETF - 1 Yr August, Innovator Equity Defined Protection ETF - 1 Yr September, and Innovator Equity Defined Protection ETF - 1 Yr November, (the “Funds”), and the Sub-Advisory Agreement among the Trust, on behalf of the Funds, the Adviser and Milliman Financial Risk Management LLC (“Milliman” or the “Sub-Adviser”), for an initial two-year term. The Board determined that the agreements were in the best interests of the Funds in light of the extent and quality of the services expected to be provided and such other matters as the Board considered to be relevant in the exercise of its reasonable business judgment.
To reach this determination, the Board considered its duties under the Investment Company Act of 1940, as amended (the “1940 Act”), as well as under the general principles of state law in reviewing and approving advisory contracts; the requirements of the 1940 Act in such matters; the fiduciary duty of investment advisers with respect to advisory agreements and compensation; the standards used by courts in determining whether investment company boards have fulfilled their duties; and the factors to be considered by the Board in voting on such agreements. To assist the Board in its evaluation of the agreements, the Independent Trustees received a separate report from each of the Adviser and the Sub-Adviser in advance of the Meeting responding to a request for information provided on behalf of the Independent Trustees that, among other things, outlined the services to be provided by the Adviser and the Sub-Adviser to the Funds (including the relevant personnel responsible for these services and their experience); the proposed unitary fee rate payable by each Fund as compared to fees charged to peer groups of the Funds and as compared to fees charged to other clients of the Adviser and the Sub-Adviser, including other ETFs managed by the Adviser and the Sub- Adviser; the estimated expenses of the Funds as compared to expense ratios of the funds in the respective Fund’s peer group; the nature of the expenses to be incurred in providing services to the Funds and the potential for economies of scale, if any; financial data on the Adviser and the Sub-Adviser; any fall-out benefits accruing to the Adviser or the Sub-Adviser; and information on the Adviser’s and the Sub-Adviser’s compliance programs. The Independent Trustees also met separately with their Independent Counsel to discuss the information provided by the Adviser and the Sub-Adviser. The Board applied its business judgment to determine whether the arrangements between the Trust and the Adviser and among the Trust, the Adviser and the Sub-Adviser are reasonable business arrangements from each Fund’s perspective as well as from the perspective of each Fund’s shareholders.
In evaluating whether to approve the agreements, the Board applied its business judgment and considered the nature, extent and quality of the services to be provided by the Adviser and Milliman pursuant to the agreements. With respect to the investment management agreement, the Board considered that the Adviser will be responsible for the overall management and administration of the Funds and reviewed all of the services to be provided by the Adviser to the Funds, including oversight of Milliman, as well as the background and experience of the persons responsible for such services. The Board noted that the Adviser will oversee Milliman’s day-to-day management of each of the Fund’s investments, including portfolio risk monitoring and performance review. In reviewing the services to be provided, the Board noted the compliance program that had been developed by the Adviser included an adequate program for monitoring the Adviser’s, Milliman’s and each Fund’s compliance with the 1940 Act, as well as each Fund’s compliance with its investment objective and policies. With respect to the sub-advisory agreement, the Board reviewed the materials provided by Milliman and noted the background and experience of Milliman’s portfolio management team and Milliman’s investment style. In light of the information presented and the considerations made, the Board concluded that the nature, extent and quality of the services to be provided to the Funds by the Adviser and Milliman under the agreements were expected to be satisfactory.
Since the Funds had yet to commence investment operations, the Board could not consider the historical investment performance of the Funds.
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INNOVATOR ETFs TRUST
Board Considerations Regarding Approval of Investment Management Agreement (Unaudited)(Continued)
The Board considered the proposed unitary fee rate payable by each Fund under the investment management agreement for the services to be provided. The Board noted that, under the unitary fee arrangement, each Fund would pay the Adviser a unitary fee equal to an annual rate of 0.79% of its average daily net assets. The Board considered that, from the unitary fee for each of the Funds, the Adviser would pay Milliman an annual sub-advisory fee based on each Fund’s assets under management at a maximum rate of 0.12%.
The Board noted that the Adviser would be responsible for the Funds’ expenses, including the cost of transfer agency, custody, fund administration, legal, audit and other services and license fees (if any), but excluding the fee payment under the investment management agreement, interest, taxes, brokerage commissions and other expenses connected with the execution of portfolio transactions, and extraordinary expenses. The Board received and reviewed information for the Funds showing the advisory fee rates and expense ratios of the funds comprising of each Fund’s peer group, as well as advisory fee rates charged by the Adviser and Milliman to other funds (including ETFs) and non-fund clients, as applicable. In light of the information considered and the nature, extent and quality of the services expected to be provided to the Funds under the agreements, the Board determined that the proposed unitary fee for each of the Funds, including the fee rate to be paid by the Adviser to Milliman from the unitary fee, was fair.
The Board noted that the proposed unitary fee for each of the Funds was structured to pass the benefits of any economies of scale on to shareholders as the respective Fund’s assets grow. The Board noted that any reduction in fixed costs associated with the management of the respective Fund would benefit the Adviser and Milliman, but that the unitary fee structure provides a level of certainty in expenses for each of the Funds. The Board noted that the Adviser is continuing to invest in personnel and infrastructure for the Innovator fund complex.
Because the Funds have not yet commenced operations and the actual asset base of the Funds has not yet been determined, the Board noted that there was no historical profitability information with respect to the Funds to be reviewed. The Board noted that it would review profitability information in connection with subsequent renewals of the agreements.
The Board considered potential “fall-out” or ancillary benefits anticipated to be received by the Adviser and Milliman. The Board concluded that the character and amount of potential fall-out benefits to the Adviser and Milliman were consistent with the types of benefits generally derived by investment managers and sub-advisers to funds.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, unanimously determined that the terms of the agreements are fair and that the approval of the agreements is in the best interests of the Funds. No single factor was determinative in the Board’s analysis, and individual Trustees may have evaluated the information presented differently from one another, attributing different weights to various factors.
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INNOVATOR ETFs TRUST
Additional Information (Unaudited)
1. INFORMATION ABOUT PROSPECTUS
This report has been prepared for shareholders and may be distributed to others only if preceded or accompanied by a current prospectus. Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. The prospectus contains this and other information relevant to an investment in the respective Fund. Please read the Prospectus carefully before investing. A copy of the Prospectus may be obtained without charge by writing to the Trust’s Distributor, or by calling toll free at 1-800-208-5212 or visiting www.innovatoretfs.com.
2. PROXY VOTING POLICIES AND PROCEDURES
The Trust’s Proxy Voting Policies and Procedures are available without charge, upon request, by calling 1-877-386-3890 and on the SEC’s website at www.sec.gov. Information relating to how each Fund voted proxies relating to portfolio securities held during each year ended June 30 is also available on the SEC’S website at www.sec.gov.
3. INFORMATION ABOUT PORTFOLIO SECURITIES
Each Funds’ complete schedule of portfolio holdings for the first and third quarters is filed with the SEC on Form N-Q or Part F of Form N-PORT (beginning with filings after March 31, 2020). The Trust’s Form N-Q or Part F of Form N-PORT is available without charge, upon request, by calling 1-877-386-3890, or on the SEC’s website at www.sec.gov. The Trust’s Form N-Q or Part F of Form N-PORT may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.
4. HOUSEHOLD DELIVERY OF SHAREHOLDER DOCUMENTS
In order to reduce expenses, the Trust delivers one copy of an annual/semi-annual report, prospectus and/or proxy statement on behalf of two or more shareholders at a shared address (householding). If you do not wish to participate in householding, please indicate this preference on your new account application (if you are opening a new account) or call 1-877-FUND890 (877-386- 3890) to change the status of your existing account. You may change your status at any time.
5. ELECTRONIC DELIVERY OF SHAREHOLDER DOCUMENTS
You may choose to receive a Fund’s prospectus and annual and semi-annual reports electronically. To sign up for electronic delivery, visit www.icsdelivery. com and select the first letter of your brokerage firm’s name. Then, select your brokerage institution from the list that follows, fill out the appropriate information and provide an e-mail address where you would like your information sent. If your brokerage firm is not listed, electronic delivery may not be available. Please contact your brokerage firm or financial adviser.
6. TAX NOTICE
For the fiscal year ended October 31, 2024, certain dividends paid by the Funds may be subject to a maximum tax rate of 23.8%, as provided for by the Jobs and Growth Tax Relief Reconciliation Act of 2003.
For the taxable year ended October 31, 2024, the percentage of ordinary income dividends paid by the Funds that qualify for the dividends received deduction available to corporations was 0.00%.
For the taxable year ended October 31, 2024, the percentage of ordinary income distributions that were designated as short-term capital gain distributions under Internal Revenue Section 871(k)2(c) were, respectively:
| | | | |
TFJL | | | 0.00% |
TBJL | | | 0.00% |
BALT | | | 0.00% |
EBUF | | | 0.00% |
| | | | |
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INNOVATOR ETFs TRUST
Additional Information (Unaudited)(Continued)
| | | | |
EAPR | | | 0.00% |
EJAN | | | 0.00% |
EJUL | | | 0.00% |
EOCT | | | 0.00% |
ZAUG | | | 0.00% |
ZJUL | | | 0.00% |
ZNOV | | | 0.00% |
ZOCT | | | 0.00% |
ZSEP | | | 0.00% |
AAPR | | | 0.00% |
AJAN | | | 0.00% |
TJUL | | | 0.00% |
AJUL | | | 0.00% |
AOCT | | | 0.00% |
APOC | | | 0.00% |
JAJL | | | 0.00% |
XDQQ | | | 0.00% |
QTAP | | | 0.00% |
QTJA | | | 0.00% |
QTJL | | | 0.00% |
QTOC | | | 0.00% |
NAPR | | | 0.00% |
NAUG | | | 0.00% |
NJAN | | | 0.00% |
NJUL | | | 0.00% |
NJUN | | | 0.00% |
NNOV | | | 0.00% |
NOCT | | | 0.00% |
NSEP | | | 0.00% |
IBUF | | | 0.00% |
IAPR | | | 0.00% |
IAUG | | | 0.00% |
IDEC | | | 0.00% |
IFEB | | | 0.00% |
IJAN | | | 0.00% |
IJUL | | | 0.00% |
IJUN | | | 0.00% |
IMAR | | | 0.00% |
IMAY | | | 0.00% |
INOV | | | 0.00% |
IOCT | | | 0.00% |
ISEP | | | 0.00% |
QBUF | | | 0.00% |
APRD | | | 30.22% |
JAND | | | 27.55% |
JULD | | | 29.51% |
| | | | |
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INNOVATOR ETFs TRUST
Additional Information (Unaudited)(Continued)
| | | | |
OCTD | | | 24.55% |
LAPR | | | 0.00% |
LJAN | | | 0.00% |
LJUL | | | 0.00% |
LOCT | | | 0.00% |
APRH | | | 19.72% |
JANH | | | 20.55% |
JULH | | | 22.55% |
OCTH | | | 18.05% |
APRJ | | | 12.95% |
JANJ | | | 13.04% |
JULJ | | | 15.50% |
OCTJ | | | 12.87% |
APRQ | | | 6.12% |
JANQ | | | 7.41% |
JULQ | | | 9.21% |
OCTQ | | | 5.84% |
HAPR | | | 0.00% |
HJAN | | | 0.00% |
HJUL | | | 3.31% |
HOCT | | | 0.00% |
ZALT | | | 0.00% |
EALT | | | 0.00% |
XBAP | | | 0.00% |
XBJA | | | 0.00% |
XBJL | | | 0.00% |
XBOC | | | 0.00% |
XDAP | | | 0.00% |
XDJA | | | 0.00% |
XDJL | | | 0.00% |
XDOC | | | 0.00% |
XDSQ | | | 0.00% |
XTAP | | | 0.00% |
XTJA | | | 0.00% |
XTJL | | | 0.00% |
XTOC | | | 0.00% |
BAPR | | | 0.00% |
BAUG | | | 0.00% |
BDEC | | | 0.00% |
BFEB | | | 0.00% |
BJAN | | | 0.00% |
BJUL | | | 0.00% |
BJUN | | | 0.00% |
BMAR | | | 0.00% |
BMAY | | | 0.00% |
BNOV | | | 0.00% |
| | | | |
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INNOVATOR ETFs TRUST
Additional Information (Unaudited)(Continued)
| | | | |
BOCT | | | 0.00% |
BSEP | | | 0.00% |
PAPR | | | 0.00% |
PAUG | | | 0.00% |
PDEC | | | 0.00% |
PFEB | | | 0.00% |
PJAN | | | 0.00% |
PJUL | | | 0.00% |
PJUN | | | 0.00% |
PMAR | | | 0.00% |
PMAY | | | 0.00% |
PNOV | | | 0.00% |
POCT | | | 0.00% |
PSEP | | | 0.00% |
UAPR | | | 0.00% |
UAUG | | | 0.00% |
UDEC | | | 0.00% |
UFEB | | | 0.00% |
UJAN | | | 0.00% |
UJUL | | | 0.00% |
UJUN | | | 0.00% |
UMAR | | | 0.00% |
UMAY | | | 0.00% |
UNOV | | | 0.00% |
UOCT | | | 0.00% |
USEP | | | 0.00% |
RBUF | | | 0.00% |
KAPR | | | 0.00% |
KAUG | | | 0.00% |
KJAN | | | 0.00% |
KJUL | | | 0.00% |
KJUN | | | 0.00% |
KNOV | | | 0.00% |
KOCT | | | 0.00% |
KSEP | | | 0.00% |
| | | | |
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The below information is required disclosure from Form N-CSR
Item 8. Changes in and Disagreements with Accountants for Open-End Investment Companies.
There were no changes in or disagreements with accountants during the period covered by this report.
Item 9. Proxy Disclosure for Open-End Investment Companies.
There were no matters submitted to a vote of shareholders during the period covered by this report.
Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Investment Companies.
Refer to information provided within financial statements.
Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.
Refer to information provided within financial statements.
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INVESTMENT ADVISOR
Innovator Capital Management, LLC
200 West Front Street
Wheaton, IL 60187
INVESTMENT SUB-ADVISOR
Milliman Financial Risk Management, LLC
71 South Wacker Drive, 31st Floor
Chicago, IL 60606
ADMINISTRATOR, FUND ACCOUNTANT & TRANSFER AGENT
U.S. Bancorp Fund Services, LLC
615 East Michigan Street
Milwaukee, WI 53202
DISTRIBUTOR
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
CUSTODIAN
U.S. Bank, N.A.
1555 North RiverCenter Drive, Suite 302
Milwaukee, WI 53212
LEGAL COUNSEL
Chapman and Cutler LLP
320 South Canal Street, 27th Floor
Chicago, IL 60606
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Cohen & Company, Ltd.
342 North Water Street, Suite 830
Milwaukee, WI 53202
Financial Highlights are included within the financial statements filed under Item 7 of this Form.
Item 8. Changes in and Disagreements with Accountants for Open-End Investment Companies.
There were no changes in or disagreements with accountants during the period covered by this report.
Item 9. Proxy Disclosure for Open-End Investment Companies.
There were no matters submitted to a vote of shareholders during the period covered by this report.
Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Investment Companies.
See Item 7(a).
Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.
See Item 7(a).
Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable to open-end investment companies.
Item 13. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable to open-end investment companies.
Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable to open-end investment companies.
Item 15. Submission of Matters to a Vote of Security Holders.
There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of trustees
Item 16. Controls and Procedures.
| (a) | The Registrant’s Principal Executive Officer and Principal Financial Officer have reviewed the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) as of a date within 90 days of the filing of this report, as required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934. Based on their review, such officers have concluded that the disclosure controls and procedures are effective in ensuring that information required to be disclosed in this report is appropriately recorded, processed, summarized and reported and made known to them by others within the Registrant and by the Registrant’s service provider. |
| (b) | There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting. |
Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable to open-end investment companies.
Item 18. Recovery of Erroneously Awarded Compensation.
Not applicable
Item 19. Exhibits.
| (a) | (1) Any code of ethics or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy Item 2 requirements through filing an exhibit. Not Applicable. |
(2) Any policy required by the listing standards adopted pursuant to Rule 10D-1 under the Exchange Act (17 CFR 240.10D-1) by the registered national securities exchange or registered national securities association upon which the registrant’s securities are listed. Not Applicable.
(3) A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)). Filed herewith.
(4) Any written solicitation to purchase securities under Rule 23c-1 under the Act sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons. Not applicable to open-end investment companies.
| (5) | Change in the registrant’s independent public accountant. Not applicable to open-end investment companies and ETFs. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | (Registrant) | Innovator ETFs Trust | |
| | By (Signature and Title)* | /s/ Bruce Bond | |
| | | Bruce Bond, Principal Executive Officer | |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| | By (Signature and Title)* | /s/ Bruce Bond | |
| | | Bruce Bond, Principal Executive Officer | |
| | By (Signature and Title)* | /s/ Kathleen Meyer | |
| | | Kathleen Meyer, Principal Financial Officer | |
* Print the name and title of each signing officer under his or her signature.
