- What does LOCT invest in?
- To realize the specific benefits the Fund aims to deliver, investors must continuously hold their shares from the commencement of the "Outcome Period" until its conclusion, a duration typically spanning approximately one year. Nevertheless, there is no assurance that these anticipated outcomes will materialize, nor that the Fund will achieve its overarching investment objective.
- What is the expense ratio of LOCT?
- Innovator Premium Income 15 Buffer ETF (LOCT) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.
- What is LOCT's distribution yield?
- LOCT's trailing-twelve-month yield is 5.14%, calculated from the sum of distributions over the past year divided by the current price.
- How does LOCT's covered-call strategy work?
- LOCT sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.
- How big is LOCT?
- Innovator Premium Income 15 Buffer ETF (LOCT) manages $10.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is LOCT actively managed or an index fund?
- LOCT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
