PAUG Innovator U.S. Equity Power Buffer ETF - August
PAUG Fund Description
PAUG 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.
PAUG Factset Analytics Insight
PAUG uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each August. 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 15% 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.
PAUG Summary Data
PAUG Portfolio Data
PAUG Index Data
PAUG Portfolio Management
PAUG Tax Exposures
PAUG Fund Structure
PAUG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PAUG. PAUG is rated a N/A out of 5.
PAUG Top 10 Holdings
PAUG Performance Statistics
PAUG Benchmark Comparison Summary
PAUG Benchmark Comparison Market Cap Size