What is BJUL?

BJUL aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BJUL 1.73% -0.28% -5.61% -4.10% 4.99% -- --
BJUL (NAV) 1.74% -0.22% -5.46% -4.11% 5.01% -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 1.18% -1.89% -17.19% -15.47% 9.67% 10.62% 13.04%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BJUL Factset Analytics Insight

BJUL uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each July. 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 9% of the S&P 500’s losses, 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 fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.

BJUL Summary Data

Innovator
08/29/18
0.79%
$174.15M
No Underlying Index
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
+$0.04B 90 Days

BJUL Portfolio Data

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N/A
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BJUL Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

BJUL Portfolio Management

0.79%
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BJUL Tax Exposures

20.00% / 39.60%
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Ordinary income
No

BJUL Fund Structure

Open-Ended Fund
Yes
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/30/22

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

BJUL Tradability

53,293
$1.60M
13,614
$408.47K
0.22%
$0.07
0.02%
0.35% / -0.35%
None
100.00%
25,000
0.54
0.03%
--
0
$31.50
N/A

BJUL Top 10 Holdings

99.81%
0.19%
100.00%

BJUL Performance Statistics

0.97
0.64
0.68
0.62
0.54%
MSCI USA Large Cap Index

BJUL Benchmark Comparison Holdings

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BJUL Benchmark Comparison Summary

BJUL Segment
Benchmark
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BJUL Benchmark Comparison Market Cap Size

BJUL Segment
Benchmark
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