CHICAGO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Innovator Capital Management, LLC (Innovator), pioneer and provider of the largest lineup of Defined Outcome ETFs™, today announced its intention to close four ETFs. Please reference the table below for important dates surrounding the closure of each ETF.
| Name | Ticker | End of ETF Outcome Period | Trading
Halts | Liquidation |
| Innovator U.S. Equity Accelerated ETF® - January | XDJA | 12/31/24 | 1/2/25 | 1/7/25 |
| Innovator Premium Income 9 Buffer ETF™ - January | HJAN | 12/31/24 | 1/2/25 | 1/7/25 |
| Innovator Premium Income 10 Barrier ETF™ - January | JAND | 12/31/24 | 1/2/25 | 1/7/25 |
| Innovator Premium Income 40 Barrier ETF™ - January | JANQ | 12/31/24 | 1/2/25 | 1/7/25 |
The ETFs may pay one or more dividends or other distributions prior to, or along with, any redemption payment. As is the case with any redemption of ETF shares, these liquidation proceeds will generally be subject to federal and, as applicable, state and local income taxes if the redeemed shares are held in a taxable account and the liquidation proceeds exceed the shareholder's adjusted basis in the shares redeemed. Shareholders should consult with their tax adviser for further information regarding the federal, state and/or local income tax consequences of this liquidation that are relevant to their specific situation.
Innovator also intends to close the April, July, and October series of the funds listed above during the 2025 calendar year. More information about those closures will be released in the coming months.
The combined assets under management in the four ETFs listed above was $29 million as of November 15, 2024, representing 0.13% of Innovator's total AUM.
Media Contact
Frank Taylor / Stephanie Dressler
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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.
The Funds' investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contains this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.
The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF™, Buffer ETF™, Defined Income ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF™, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETFs®, Managed Outcome ETFs®, Stacker ETF™, Step-Up™, Step-Up ETFs®, Target Protection ETF™, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.
Innovator ETFs® are distributed by Foreside Fund Services, LLC. Copyright © 2024
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