PNOV

Innovator S&P 500 Power Buffer ETF - November
*Unless otherwise stated, data provided by FactSet.

PNOV Fund Description

PNOV 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.

PNOV Factset Analytics Insight

PNOV uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each November. 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.

PERFORMANCE [as of 06/17/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PNOV 0.72% 1.96% 4.21% 15.95% -- -- --
PNOV (NAV) 0.77% 2.11% 4.38% 16.34% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 2.26% 6.93% 12.40% 38.24% 18.09% 18.29% 15.50%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PNOV Summary Data

Innovator Capital Management
Innovator
11/01/19
Open-Ended Fund
0.79%
$60.44M
$230.40K
0.29%

PNOV Portfolio Data

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N/A
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PNOV Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

PNOV Portfolio Management

0.79%
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PNOV Tax Exposures

20.00% / 39.60%
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Ordinary income
No

PNOV Fund Structure

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

PNOV Factset Analytics Block Liquidity

As of 06/18/21
5
4
3
2
1

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

PNOV Tradability

7,673
$230.40K
3,419
$102.39K
0.29%
$0.09
-0.12%
0.71% / -0.62%
None
100.00%
25,000
0.14
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0
$30.22
N/A

PNOV Top 10 Holdings

100.01%
-0.01%
100.00%

PNOV Countries


PNOV
Segment Benchmark
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0.10%
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99.90%

PNOV Regions


PNOV
Segment Benchmark
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100.00%

PNOV Economic Development


PNOV
Segment Benchmark
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100.00%

PNOV Performance Statistics

0.64
0.31
0.32
0.32
0.68%
MSCI USA Large Cap Index

PNOV Benchmark Comparison Holdings

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PNOV Benchmark Comparison Summary


PNOV
Segment Benchmark
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PNOV Benchmark Comparison Market Cap Size


PNOV
Segment Benchmark
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