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