EPRF - Innovator S&P Inv. Grade Preferred ETF
S&P Inv. Grade Preferred ETF
 EPRF
IMPORTANT FUND REOGANIZATION INFORMATION
On or around October 13th, 2021, the Fund will be reorganized and merged from Innovator ETFs Trust II into the Innovator ETFs Trust I to help improve operational efficiencies. You should see no material change in your investment at or following the merger date. The Fund's investment strategy, fund name, and trading ticker will remain the same. Following the Fund merging over to Trust I, the Trust II will be terminated. For more details, read the Reorganization Statement.
ETF SUMMARY
The Innovator S&P Investment Grade Preferred ETF is based on the S&P U.S. High Quality Preferred Stock Index, which selects floating, variable and fixed-rate investment grade preferred issues (BBB- or higher) from U.S. listed preferred stocks on a quarterly basis.
GROWTH OF $10,000
Data from 5/23/2016 to 10/20/2021
ETF PERFORMANCE & INDEX HISTORY (%) Quarterly | Monthly
  YTD 1 Year 3 Year 5 Year Inception
ETF NAV 1.10% 4.72% 6.85% 4.62% 4.57%
ETF Closing Price 0.99% 4.46% 6.98% 4.56% 4.53%
S&P U.S. High Quality Preferred Index 1.43% 5.18% 7.30% 5.17% 5.12%
S&P U.S. Preferred Stock Index 5.41% 12.73% 8.10% 6.13% 6.21%
Data as of 9/30/2021. The Fund incepted on 5/23/2016. 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
EPRF
Listing Date
5/24/2016
Index
S&P U.S. High Quality Preferred Stock Index (SPPHQUT)
Number of Holdings
79
Expense Ratio
0.47%
Intraday NAV
EPRF.IV
Rebalance Frequency
Quarterly
Exchange
Cboe BZX
TRADING DETAILS
NAV
$24.25
Closing Price
$24.25
Premium/Discount
$0.00 / 0.00%
30 Day Median Bid-Ask Spread
0.21%
Shares Outstanding
9,400,000
Market Value
$227,949,398
As of 10/20/2021
MARKET DETAILS
Last Price
$24.25
Change
+$0.11 / +0.46%
Bid / Ask
$19.72 / $24.30
Midpoint
$22.01
Volume
49,500
As of 10/20/2021
Need Help Trading EPRF?
See our 3 Rules for ETF Trading
ETF STRATEGY
INVESTS ONLY IN INVESTMENT GRADE PREFERRED STOCKS
REBALANCED QUARTERLY AND EQUALLY WEIGHTED
SELECTS FROM THE S&P U.S. PREFERRED STOCK INDEX
TOP 10 HOLDINGS As of 10/21/2021
NameCouponS&P / Moody's RatingIndustry GroupWeight
KKR & Co Inc6BBB+/NRFinancials3.47%
Oaktree Capital Grp LLC6.55BBB/NRFinancials3.17%
Highland Income Fund5.375NR/A1Real Estate3.16%
PartnerRe Ltd4.875BBB/Baa2Financials3.15%
First Citizens BancShares Inc5.375NR/Baa3Financials3.14%
Washington Federal Inc4.875NR/Baa3Financials3.14%
Bank of Hawaii Corp4.375NR/Baa2Financials3.13%
Brookfield Renewable Partners5.25BBB-/NRUtilities3.13%
Apollo Global Management LLC6.375BBB/NRFinancials3.13%
Apollo Global Management LLC6.375BBB/NRFinancials3.12%
» View All Holdings
Holdings are subject to change.
sector
SECTOR WEIGHTS
Financials
81.35%
Real Estate
12.44%
Utilities
6.22%
DISTRIBUTIONS
Ex-Dividend Date Record Date Payable Date Total Distribution Tax Information
9/29/2021 9/30/2021 10/1/2021 $0.10000  
8/30/2021 8/31/2021 9/1/2021 $0.10000 Form 19A
7/29/2021 7/30/2021 8/2/2021 $0.10000 Form 19A
6/29/2021 6/30/2021 7/1/2021 $0.10000  
5/27/2021 5/28/2021 6/1/2021 $0.10000 Form 19A
4/29/2021 4/30/2021 5/3/2021 $0.10000 Form 19A
3/30/2021 3/31/2021 4/1/2021 $0.10000  
2/25/2021 2/26/2021 3/1/2021 $0.10000 Form 19A
1/28/2021 1/29/2021 2/1/2021 $0.10000 Form 19A
12/30/2020 12/31/2020 1/4/2021 $0.13157  
11/27/2020 11/30/2020 12/1/2020 $0.09500 Form 19A
10/29/2020 10/30/2020 11/2/2020 $0.09500 Form 19A
9/29/2020 9/30/2020 10/1/2020 $0.09500  
8/28/2020 8/31/2020 9/1/2020 $0.10000 Form 19A
7/30/2020 7/31/2020 8/3/2020 $0.10000 Form 19A
6/29/2020 6/30/2020 7/1/2020 $0.10000  
5/28/2020 5/29/2020 6/1/2020 $0.10000 Form 19A
4/29/2020 4/30/2020 5/1/2020 $0.10000 Form 19A
3/30/2020 3/31/2020 4/1/2020 $0.10000  
2/27/2020 2/28/2020 3/2/2020 $0.10000  
1/30/2020 1/31/2020 2/3/2020 $0.10000 Form 19A
12/30/2019 12/31/2019 1/2/2020 $0.16987  
11/27/2019 11/29/2019 12/2/2019 $0.09500 Form 19A
10/30/2019 10/31/2019 11/1/2019 $0.09500 Form 19A
9/29/2019 9/30/2019 10/1/2019 $0.09500  
8/29/2019 8/30/2019 9/3/2019 $0.09500  
7/30/2019 7/31/2019 8/1/2019 $0.09500 Form 19A
6/27/2019 6/28/2019 7/1/2019 $0.09500  
5/30/2019 5/31/2019 6/3/2019 $0.09500 Form 19A
4/29/2019 4/30/2019 5/1/2019 $0.09500 Form 19A
3/28/2019 3/29/2019 4/1/2019 $0.09500  
2/27/2019 2/28/2019 3/1/2019 $0.09500 Form 19A
1/30/2019 1/31/2019 2/1/2019 $0.09500 Form 19A
12/21/2018 12/24/2018 12/31/2018 $0.16777  
11/27/2018 11/28/2018 11/30/2018 $0.09310  
10/24/2018 10/25/2018 10/31/2018 $0.09310  
9/25/2018 9/26/2018 9/28/2018 $0.09310  
8/24/2018 8/27/2018 8/31/2018 $0.09310  
7/24/2018 7/25/2018 7/31/2018 $0.09310  
6/26/2018 6/27/2018 6/29/2018 $0.09310  
5/24/2018 5/25/2018 5/31/2018 $0.09310  
4/24/2018 4/25/2018 4/30/2018 $0.09310 Form 19A
3/27/2018 3/28/2018 3/29/2018 $0.09360 Form 19A
2/23/2018 2/26/2018 2/28/2018 $0.09100 Form 19A
1/25/2018 1/26/2018 1/31/2018 $0.12000 Form 19A
12/22/2017 12/26/2017 12/29/2017 $0.16711  
11/24/2017 11/27/2017 11/30/2017 $0.11200 Form 19A
10/24/2017 10/27/2017 10/31/2017 $0.11200 Form 19A
9/25/2017 9/26/2017 9/29/2017 $0.11200 Form 19A
8/24/2017 8/28/2017 8/31/2017 $0.11200 Form 19A
7/24/2017 7/26/2017 7/31/2017 $0.11200 Form 19A
6/26/2017 6/28/2017 6/30/2017 $0.11200 Form 19A
5/24/2017 5/26/2017 5/31/2017 $0.11200 Form 19A
4/24/2017 4/26/2017 4/28/2017 $0.14000 Form 19A
3/24/2017 3/28/2017 3/31/2017 $0.14000  
2/23/2017 2/27/2017 3/2/2017 $0.11200 Form 19A
1/25/2017 1/27/2017 1/31/2017 $0.11200 Form 19A
12/22/2016 12/27/2016 12/29/2016 $0.11200 Form 19A
11/23/2016 11/28/2016 11/30/2016 $0.11200 Form 19A
10/25/2016 10/27/2016 10/31/2016 $0.11200 Form 19A
9/22/2016 9/26/2016 9/28/2016 $0.15000  
8/25/2016 8/29/2016 8/31/2016 $0.07527  
7/25/2016 7/27/2016 7/29/2016 $0.12400  
Subject to change
NEED HELP TRADING EPRF?
If you have questions around EPRF 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
 
Leading the Defined Outcome ETF Revolution™
Investing involves risks. Principal loss is possible. The Fund's return may not match the return of the Index. Along with general market risks, an ETF that concentrates its investments in the securities of a particular industry, market, sector, or geographic area may be more volatile than a fund that invests in a broader range of industries. Additionally, the Fund may invest in securities that have additional risks. Foreign companies can be more volatile, less liquid, and subject to the risk of currency fluctuations. This risk is greater for emerging markets. Small- and mid-cap companies can have limited liquidity and greater volatility than large-cap companies. Also, ETFs face numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruption in the creation/ redemption process of the Fund. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. ETFs are bought and sold at market price and not individually redeemed from the fund. Brokerage commissions will reduce returns.
Market Disruptions Resulting from COVID-19. The outbreak of COVID-19 has negatively affected the worldwide economy, individual countries, individual companies and the market in general. The future impact of COVID-19 is currently unknown, and it may exacerbate other risks that apply to the Fund.
The fund invests in preferred securities which may be subject to many of the risks associated with debt securities, including interest rate risk. The fund invests in equity securities which may be subject to volatile price fluctuations. Because the fund is non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund, changes in the market value of a single investment could cause greater fluctuations in share price.
S&P U.S. Preferred Stock Index represents the US preferred stock market. One cannot invest directly in an index.
Credit ratings apply the Index, not the fund itself. S&P and Moody's study the financial condition of an entity to ascertain its creditworthiness. The credit ratings reflect the rating agency's opinion of the holdings financial condition and histories. For information on the rating agencies methodology, visit http://www.standardandpoors.com or https://www.moodys.com.
© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
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.
Investing involves risk. Principal loss is possible. All rights reserved. Innovator ETFs are distributed by Foreside Fund Services, LLC.
The Funds' 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.
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