BALT

Innovator Defined Wealth Shield ETF
*Unless otherwise stated, data provided by FactSet.

BALT Fund Description

BALT aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options.

BALT Factset Analytics Insight

BALT uses flex options in an effort to moderate losses on the SPDR S&P 500 ETF Trust (SPY) over a three-month outcome period. The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 20% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset quarterly. Investors who buy at any other time than the quarterly 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 outcome period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed.

PERFORMANCE [as of 10/21/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BALT 0.37% 0.58% -- -- -- -- --
BALT (NAV) 0.11% 0.51% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 4.38% 4.48% 21.84% 33.70% 21.03% 19.21% 16.60%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BALT Summary Data

Innovator
07/01/21
Open-Ended Fund
0.69%
$26.48M
$589.54K
0.14%
N/A

BALT Portfolio Data

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N/A
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BALT Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

BALT Portfolio Management

0.69%
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BALT Tax Exposures

20.00% / 39.60%
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Ordinary income
No

BALT Fund Structure

Open-Ended Fund
Yes
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N/A
N/A
Low
Quarterly

BALT Factset Analytics Block Liquidity

As of 10/22/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BALT. BALT is rated a N/A out of 5.

BALT Tradability

22,983
$589.54K
5,034
$130.04K
0.14%
$0.04
0.15%
0.43% / -0.20%
None
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25,000
0.20
--
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0
$25.81
N/A

BALT Top 10 Holdings

99.89%
0.11%
100.00%

BALT Countries


BALT
Segment Benchmark
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99.90%
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0.10%

BALT Regions


BALT
Segment Benchmark
--
100.00%

BALT Economic Development


BALT
Segment Benchmark
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100.00%

BALT Performance Statistics

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0.00%
MSCI USA Large Cap Index

BALT Benchmark Comparison Holdings

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BALT Benchmark Comparison Summary


BALT
Segment Benchmark
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BALT Benchmark Comparison Market Cap Size


BALT
Segment Benchmark
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.