- What does TBJL invest in?
- The Fund seeks to provide returns that match those of the iShares 20+ Year Treasury Bond ETF while providing a buffer against the first 9% of the ETF's losses, from July 1, 2025 to June 30, 2026. The Fund invests at least 80% of its net assets in FLexible EXchange Options that reference the Underlying ETF.
- What is the expense ratio of TBJL?
- Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is TBJL?
- Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL) manages $11.0M 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 TBJL actively managed or an index fund?
- TBJL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was TBJL launched?
- Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL) launched in August 2020 and is managed by Innovator.
- How has TBJL performed?
- TBJL'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.
