Innovator S&P 500 Ultra Buffer ETF, April Series (UAPR): An Innovator Defined Outcome ETF Offering 30% Protection
S&P 500 Ultra Buffer ETF
PERFORMANCE  |   STRATEGY  |   HOLDINGS  |   DISTRIBUTIONS APRIL SERIES
UAPR
 
ETF SUMMARY
The Innovator S&P 500 Power Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.
Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of buffers against loss.
The Fund has characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see "Investor Suitability" in the prospectus.
The outcomes that the Fund seeks to provide may only be realized if you are holding shares on the first day of the Outcome Period and continue to hold them on the last day of the Outcome Period, approximately one year. There is no guarantee that the Outcomes for an Outcome Period will be realized or that the Fund will achieve its investment objective.
OUTCOME PERIOD PERFORMANCE
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CURRENT OUTCOME PERIOD VALUES AS OF 1/29/2020 10:23 AM
Current
Price / Return
The current bid/ask midpoint of the Fund and the return of the Fund, after fees and expenses*, since the start of the Outcome Period.
 SPX
Return
The return since the start of the Outcome Period.

 Remaining
Cap
The current maximum potential return available at the ETF's current price, before fees and expenses*, if held to the end of the current Outcome Period.
 Remaining
Buffer
The current amount of downside protection the fund seeks to provide, before fees and expenses, if held to the end of the Outcome Period.
Downside
Before Buffer
The amount of Fund loss incurred before the buffer begins.
 Remaining
Outcome Period
The amount of days remaining until the last day of the Outcome Period.
$26.45 / 8.32% 15.46% 2.07% 31.41% -12.30% 62 days
OUTCOME PERIOD VALUES AS OF 3/29/2019
Starting
Price / Return
The starting NAV and return of the Fund at the start of the Outcome Period.
 SPX
Return
The starting index return at the start of the Outcome Period.
 Cap
The starting maximum potential return, before fees and expenses*, if held to the end of the current Outcome Period.
 Buffer
The starting amount of downside protection the fund seeks to provide, before fees and expenses, if held to the end of the Outcome Period.
 Downside
Before Buffer
The amount of Fund loss incurred before the buffer begins.
 Outcome Period
The intended length of time over which the defined outcomes are sought.
$24.95 / 0.00% 0.00% 10.57% 30.00% -5.00% 368 days
Fund return and current outcome period values assume reinvestment of capital gain distributions, if any. Investors purchasing the fund intra-period will achieve a different defined outcome than those who entered on day one. The remaining cap represents the maximum return the fund can achieve at its current price. The index may need to rise higher or lower than the remaining cap before the remaining cap is realized. If the remaining buffer is greater than the fund's starting buffer, a portion of the buffer will be realized before the downside before buffer begins. After the downside before buffer has been realized, the final portion of the buffer will begin again.
This tool is the proprietary design and functionality process of Innovator Capital Management LLC, and is included within the scope of its filed patent application. All rights are reserved, and any use or duplication of this tool by any third party, without the express written consent in advance by Innovator, is prohibited.
ETF PERFORMANCE & INDEX HISTORY (%) Quarterly | Monthly
  YTD 1 Year 3 Year 5 Year Inception
ETF NAV - - - - 7.87%
ETF Closing Price - - - - 7.73%
S&P 500 Price Return Index - - - - 13.98%
Data as of 12/31/2019. Performance quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Returns less than one year are cumulative. One cannot invest directly in an index.
ETF DETAILS
Ticker
UAPR
Inception Date
4/1/2019
Number of Holdings
14
Expense Ratio
0.79%
Intraday NAV
UAPR.IV
CUSIP
45782C805
Exchange
Cboe BZX
OUTCOME DETAILS
Series
April
Outcome Period
4/1/19 - 3/31/2020
Rebalance Frequency
Annual
Starting Cap¹
10.57%
Starting Buffer
30.00% (5.00% - 35.00%)
Exposure
S&P 500 Price Return Index
TRADING DETAILS
NAV
$26.45
Closing Price
$26.45
Premium/Discount
$0.00 / 0.00%
Shares Outstanding
725,000
Market Value
$19,176,254
As of 1/28/2020
MARKET DETAILS
Last Price
$26.45
Change
$0.00 / 0.00%
Bid / Ask
$26.40 / $26.49
Midpoint
$26.45
Volume
800
As of 1/29/2020 10:23 AM
Need Help Trading UAPR?
See our 3 Rules for ETF Trading
ETF STRATEGY
S&P 500 EXPOSURE
REBALANCED ANNUALLY
CHOOSE BUFFER LEVEL
HOLDINGS
Holdings are subject to change.
DISTRIBUTIONS
Ex-Dividend Date Record Date Payable Date Income Short Term Gains Long Term Gains Return of Capital Total Distribution
11/19/2019 11/20/2019 11/21/2019 $0.00000 $0.34835 $0.22255 $0.00000 $0.57090  
Subject to change
NEED HELP TRADING UAPR?
If you have questions around UAPR execution, we can help you find the best price available on the market. Feel free to email or call us directly at 800.208.5212, or contact your trade desk to walk you through how to achieve best execution.
3 RULES FOR ETF TRADING
• Avoid trading on the open or the close
• Use limit orders
• Leverage resources that can help
 
¹Cap shown is before fees and expenses.
*Fees and Expenses: The Fund's management fee of 0.79%, any shareholder transaction fees and any extraordinary expenses.
The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see "Investor Suitability" in the prospectus.
Investing involves risks. Loss of principal is possible. The Funds face numerous market trading risks, including active markets risk, authorized participation concentration risk, buffered loss risk, cap change risk, capped upside return risk, correlation risk, liquidity risk, management risk, market maker risk, market risk, non-diversification risk, operation risk, options risk, trading issues risk, upside participation risk and valuation risk. For a detail list of fund risks see the prospectus.
FLEX Options Risk The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX Options may be less liquid than standard options. In a less liquid market for the FLEX Options, the Fund may have difficulty closing out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of reference asset.
These Funds are designed to provide point-to-point exposure to the price return of the Index via a basket of Flex Options. As a result, the ETFs are not expected to move directly in line with the Index during the interim period.
Investors purchasing shares after an outcome period has begun may experience very different results than funds' investment objective. Initial outcome periods are approximately 1-year beginning on the funds' inception date. Following the initial outcome period, each subsequent outcome period will begin on the first day of the month the fund was incepted. After the conclusion of an outcome period, another will begin.
Fund shareholders are subject to an upside return cap (the "Cap") that represents the maximum percentage return an investor can achieve from an investment in the funds' for the Outcome Period, before fees and expenses. If the Outcome Period has begun and the Fund has increased in value to a level near to the Cap, an investor purchasing at that price has little or no ability to achieve gains but remains vulnerable to downside risks. Additionally, the Cap may rise or fall from one Outcome Period to the next. The Cap, and the Fund's position relative to it, should be considered before investing in the Fund. The Funds' website, www.innovatoretfs.com, provides important Fund information as well information relating to the potential outcomes of an investment in a Fund on a daily basis.
The Funds only seek to provide shareholders that hold shares for the entire Outcome Period with their respective buffer level against Index losses during the Outcome Period. You will bear all Index losses exceeding 9, 15 or 30%. Depending upon market conditions at the time of purchase, a shareholder that purchases shares after the Outcome Period has begun may also lose their entire investment. For instance, if the Outcome Period has begun and the Fund has decreased in value beyond the pre-determined buffer, an investor purchasing shares at that price may not benefit from the buffer. Similarly, if the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may not benefit from the buffer until the Fund's value has decreased to its value at the commencement of the Outcome Period.
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Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
The Fund's investment objectives, risks, charges and expenses should be considered before investing. The prospectus contains this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.
Innovator ETFs are distributed by Foreside Fund Services, LLC.
Innovator ETFs®, Defined Outcome ETF™, Buffer ETF™, Enhanced ETF™, Define Your Future™, and other service marks and trademarks related to these marks are the exclusive property of Innovator Capital Management, LLC.
Copyright © 2020 Innovator Capital Management, LLC  |  800.208.5212