Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct (APOC) is an actively managed exchange-traded fund issued by Innovator ETFs Trust that seeks to provide investors with returns linked to the upside performance of the SPDR S&P 500 ETF Trust, up to a stated cap, while providing a 100% downside buffer over a six-month outcome period, before fees and expenses. The fund is part of Innovator’s defined outcome ETF platform and invests, under normal circumstances, at least 80% of its net assets in securities that provide exposure to the SPDR S&P 500 ETF Trust; it is listed on Cboe BZX, launched on October 1, 2024, and is structured as a non-diversified open-end fund with semiannual outcome periods, income and capital gains distributions generally paid annually. Innovator ETFs was founded in 2017 and is headquartered in Wheaton, Illinois at 200 W. Front Street; the firm focuses on defined outcome and risk-managed ETF strategies for investors seeking more predictable portfolio outcomes. In 2026, Goldman Sachs Asset Management acquired Innovator, expanding the business’s resources and investment platform while retaining the defined outcome ETF franchise. Recent product and operational updates for APOC include the current outcome period running from April 1, 2026 to September 30, 2026, with a starting cap of 3.43% and a 100% buffer, reflecting the fund’s ongoing semiannual reset structure.