TFJL

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

TFJL Fund Description

TFJL aims for specific floor rate on the losses and capped gains on the iShares 20+ Year Treasury Bond ETF (TLT) over a specific holdings period. The actively-managed fund holds options and collateral.

TFJL Factset Analytics Insight

TFJL is one of the first fixed income fund that follows a defined outcome structure. The fund uses FLEX options in an effort to moderate losses on TLT over a one-year period starting each July. TFJL establishes a 5% floor rate by purchasing a put option with a strike price equal to 95% TLT’s share price on the first day of July. In exchange for preventing realization of the first 5% of the TLT’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 FLEX options exclusively.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TFJL 0.23% 1.67% -2.80% -3.94% -- -- --
TFJL (NAV) 0.32% 1.35% -2.31% -3.91% -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Long U.S. Treasury Index -1.27% 3.81% -5.10% -8.29% 10.21% 3.87% 4.56%
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
0.80%
$9.56M
$84.24K
0.39%

TFJL Portfolio Data

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N/A
2

TFJL Index Data

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

TFJL Portfolio Management

0.80%
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TFJL Tax Exposures

20.00% / 39.60%
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Ordinary income
No

TFJL Fund Structure

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

TFJL Factset Analytics Block Liquidity

As of 09/24/21
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

3,573
$84.24K
1,038
$24.39K
0.39%
$0.09
0.03%
2.08% / -0.73%
None
100.00%
25,000
0.04
0.08%
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0
$23.79
N/A

TFJL Top 10 Holdings

100.06%
-0.06%
100.00%

TFJL Performance Statistics

0.26
0.20
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TFJL Holdings Statistics

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2
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TFJL Avg Life Maturity Distribution

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TFJL OAS Breakdown

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