Innovator Premium Income 20 Barrier ETF

Frequently Asked Questions About OCTH

What does OCTH invest in?

For investors to realize the specific outcomes this Fund aims for, they must continuously hold their shares for the entirety of the designated "Outcome Period," which typically spans approximately one year. However, it's crucial to understand that there is no assurance that these outcomes will materialize during any given period, nor is the Fund's overall investment objective guaranteed to be met.

What is the expense ratio of OCTH?

Innovator Premium Income 20 Barrier ETF (OCTH) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

What is OCTH's distribution yield?

OCTH's trailing-twelve-month yield is 6.48%, calculated from the sum of distributions over the past year divided by the current price.

How does OCTH's covered-call strategy work?

OCTH 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 OCTH?

Innovator Premium Income 20 Barrier ETF (OCTH) manages $15.5M 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 OCTH actively managed or an index fund?

OCTH's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.