TFJL

Innovator 20+ Year Treasury Bond 5 Floor ETF - July

$20.12

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Innovator 20+ Year Treasury Bond 5 Floor ETF seeks to provide exposure to long-term U.S. Treasury bonds with a built-in 5% floor to limit downside risk.

Overview

ETF tracking Innovator 20+ Year Treasury Bond 5 Floor ETF - July

Category Fixed Income

Issuer Other

Inception Date 2020-08-18

Market Cap $19.6M

Average Volume N/A

Dividend Yield N/A

52-Week Range $19.57 - $21.20

VWAP $20.16

Performance

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Investment Summary

📎 Investment Objective

The Innovator 20+ Year Treasury Bond 5 Floor ETF seeks to provide exposure to long-term U.S. Treasury bonds with a built-in 5% floor to limit downside risk.

🎯 Investment Strategy

The ETF invests in a portfolio of long-term U.S. Treasury bonds and uses options strategies to provide a 5% floor on the portfolio's value. This aims to limit downside risk while still allowing for upside participation in Treasury bond price movements.

✨ Key Features

Exposure to long-duration U.S. Treasury bonds
Built-in 5% floor to limit downside risk
Utilizes options strategies to achieve the 5% floor
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk - The value of long-term Treasury bonds is sensitive to changes in interest rates
Option strategy risk - The options used to provide the 5% floor may not perform as expected
Liquidity risk - This is a relatively new and small ETF, which could impact liquidity
Counterparty risk - The ETF's options strategies expose it to the creditworthiness of its counterparties

👤 Best For

This ETF may be suitable for conservative investors seeking exposure to long-term Treasuries with some downside protection. It could be used as a diversifier or as a hedge within a broader fixed income portfolio.