Key stats
About Innovator Laddered Allocation Buffer ETF
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Inception date
Feb 9, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US45783Y7563
BUFB is a collection of buffer ETFs in one ticket. The fund seeks to offer investors a passively managed fund-of-funds portfolio that invests equally across the issuers own, monthly S&P 500 Buffer ETFs. Each underlying ETF uses FLEX options in an effort to provide a buffer against the first 9% of losses in the S&P 500 and capped upside performance over a one-year holding period. The funds laddered approach allows each ETF to conclude its one-year outcome period and then roll to a new outcome period. Thus, resetting both buffer and cap level for another twelve months, each month, helping to mitigate timing risks associated with the strategy. In addition, the portfolio is rebalanced semi-annually to equal weighting. It is important to note though that the fund itself does not pursue a defined outcome strategy.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.85%
Cash0.15%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BUFB top holdings are Innovator U.S. Equity Buffer ETF - September and Innovator U.S. Equity Buffer ETF - August, occupying 8.45% and 8.45% of the portfolio correspondingly.
BUFB assets under management is 223.39 M USD. It's risen 0.74% over the last month.
BUFB fund flows account for 43.12 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BUFB doesn't pay dividends to its holders.
BUFB shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Feb 9, 2022, and its management style is Active.
BUFB expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
BUFB follows the MerQube U.S. Large Cap Equity Buffer Laddered Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFB invests in funds.
BUFB price has risen by 2.20% over the last month, and its yearly performance shows a 12.83% increase. See more dynamics on BUFB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.15% over the last month, showed a 5.47% increase in three-month performance and has increased by 13.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.15% over the last month, showed a 5.47% increase in three-month performance and has increased by 13.05% in a year.
BUFB trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.