Key stats
About Innovator U.S. Equity Ultra Buffer ETF - February
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Inception date
Feb 3, 2020
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US45782C4252
UFEB uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each February. The fund foregoes some upside return as well as the S&P 500s dividend component, because the options are written on the price (not total) return version of the index. In exchange for buffering losses between -5% and -30% of the S&P 500, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, resets annually and uses FLEX options exclusively.
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
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.74%
Cash0.26%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UFEB assets under management is 241.33 M USD. It's fallen 6.07% over the last month.
UFEB fund flows account for 162.12 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, UFEB doesn't pay dividends to its holders.
UFEB shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Feb 3, 2020, and its management style is Active.
UFEB expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
UFEB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UFEB invests in cash.
UFEB price has risen by 1.17% over the last month, and its yearly performance shows a 10.76% increase. See more dynamics on UFEB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.24% over the last month, showed a 4.90% increase in three-month performance and has increased by 11.26% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.24% over the last month, showed a 4.90% increase in three-month performance and has increased by 11.26% in a year.
UFEB trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.