TFJL

Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly
*Unless otherwise stated, data provided by FactSet.

TFJL Fund Description

TFJL aims to provide the price return of a long-term US Treasuries ETF, up to a cap, while minimizing the downside risk over a 3-month period. The actively-managed fund provides such exposure via FLEX options and collateral.

TFJL Factset Analytics Insight

TFJL is one of the first fixed income ETFs to pursue a defined outcome strategy. The fund uses FLEX options in an effort to provide the price return of the iShares 20+ Year Treasury Bond ETF (TLT), up to a cap, and a maximum loss of 5% over a 3-month period. The upside cap and downside floor will fluctuate daily based on the performance of the underlying ETF. The defined outcome can only be achieved when shares of TFJL are purchased on the first day and held until the final day of trading of a specific outcome period. In the case of TFJL, the outcome period begins on the first trading day in January and resets every three months. This results in a total of 4 separate defined outcome periods per year. The issuer publishes effective interim levels, for the floor and cap, daily on its website. The defined outcome return does not include the fund’s expense ratio. The use of FLEX options opens investors to counterparty risk.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TFJL 1.50% 0.90% -8.23% -7.09% -- -- --
TFJL (NAV) 1.89% 1.11% -8.34% -7.00% -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg U.S. Long Treasury Index 3.65% 1.82% -17.87% -18.67% -2.45% 1.15% 1.87%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TFJL Summary Data

Innovator
08/18/20
Open-Ended Fund
0.79%
$4.35M
$42.27K
0.40%

TFJL Portfolio Data

--
--
--
N/A
2

TFJL Index Data

No Underlying Index
Fixed
Fixed
Bloomberg U.S. Long Treasury Index

TFJL Portfolio Management

0.79%
--
--
--

TFJL Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

TFJL Fund Structure

Open-Ended Fund
No
N/A
-- / --
N/A
N/A
High
Daily

TFJL Factset Analytics Block Liquidity

As of 08/04/22
5
4
3
2
1

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

TFJL Tradability

1,969
$42.27K
236
$5.05K
0.40%
$0.09
0.08%
0.68% / -0.71%
None
100.00%
25,000
0.01
0.08%
--
0
$21.98
N/A

TFJL Top 10 Holdings

99.87%
0.13%
100.00%

TFJL Performance Statistics

0.59
0.36
--
--
--

TFJL Holdings Statistics

--
--
--
--
--
2
--

TFJL Avg Life Maturity Distribution

--
--
--
--
--
--
--
--
--

TFJL OAS Breakdown

--
--
--
--
--
--
--
--
--
--
--