Innovator U.S. Equity Power Buffer ETF - August

Frequently Asked Questions About PAUG

What does PAUG invest in?

The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the State Street® SPDR® S&P 500® ETF Trust. It is non-diversified.

What is the expense ratio of PAUG?

Innovator U.S. Equity Power Buffer ETF - August (PAUG) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PAUG?

Innovator U.S. Equity Power Buffer ETF - August (PAUG) manages $858.1M 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 PAUG actively managed or an index fund?

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

When was PAUG launched?

Innovator U.S. Equity Power Buffer ETF - August (PAUG) launched in August 2019 and is managed by Innovator.

How has PAUG performed?

PAUG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.