
BSTP does not currently pay a dividend.
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The Innovator Buffer Step-Up ETF (BSTP) is an actively managed investment vehicle designed to offer exposure to the SPDR S&P 500 ETF Trust (SPY) with a focus on risk management. This streamlined, single-ticker product utilizes a flexible buffer strategy, which is opportunistically managed. The fund undergoes a monthly assessment and is suitable for indefinite holding periods.

The issuer's newest funds re-create a strategy popular with investors in its defined outcome ETFs.

Innovator today launched the Innovator Buffer Step-Up Strategy ETF (BSTP) and the Innovator Power Buffer Step-Up Strategy ETF (PSTP), providing investors with an alternative to managing and evaluating a series of buffer strategies. The two ETFs listed on the NYSE on March 8 with an expense ratio of 89 basis points.