Innovator Premium Income 15 Buffer ETF - January

LJAN seeks to provide a consistent income stream and a limited protective buffer against the first 15% of losses stemming from the decline in the S&P 500 Index. The exposure resets each year in January. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys.

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Innovator Capital Management announced Tuesday the launch of seven Defined Outcome ETFs on the Cboe BZX, including its second Defined Protection ETF. The Innovator Equity Defined Protection ETF (AJAN) aims to track the return of the SPDR S&P 500 ETF Trust (SPY) to a capped level.

News for Innovator Premium Income 15 Buffer ETF - January ETF (LJAN)