Innovator Premium Income 30 Barrier ETF
APRJ
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 109 N. Hale Street Wheaton IL United States of America 60187
- IPO Date
- Apr 3, 2023
- CIK
- 0001415726
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator Premium Income 30 Barrier ETF - April (APRJ) is an actively managed exchange-traded fund that seeks to deliver a high level of monthly income through a defined outcome strategy linked to the S&P 500 Price Return Index, featuring a 30% barrier against downside losses over an approximately one-year outcome period from April 1 to March 31; the fund invests primarily in U.S. Treasury bills and FLEX Options on the S&P 500 Price Return Index to generate predefined distributions while providing limited protection against index losses exceeding the barrier level. Launched on March 31, 2023, and listed on Cboe BZX, APRJ holds a portfolio concentrated in U.S. Treasuries (approximately 91-92% allocation), FLEX put and call options on the S&P 500, and cash equivalents, with top holdings including United States Treasury Bills and S&P 500 options; it targets investors seeking income-oriented exposure to large-cap U.S. equities with downside buffering, managing total net assets of around $33 million and a net expense ratio of 0.79% as of late 2025. The ETF forms part of the broader defined outcome ETF suite offered by Innovator Capital Management, LLC, a Wheaton, Illinois-based investment adviser founded in 2017 and headquartered at 200 W Front Street, specializing in structured ETFs for institutional and retail investors focused on growth, income, and buffer strategies across U.S. equity markets. In a major strategic development announced on December 1, 2025, Innovator Capital Management agreed to be acquired by The Goldman Sachs Group, Inc. in a cash-and-stock transaction valued at approximately $2 billion, expected to close in the second quarter of 2026 and integrating Innovator's $28 billion in assets across 159 defined outcome ETFs into Goldman Sachs Asset & Wealth Management to bolster its active ETF capabilities. This acquisition, led by Innovator CEO Bruce Bond and co-founder John Southard—former architects of PowerShares—positions APRJ and its peers within a global financial powerhouse, enhancing distribution and innovation in buffer and income strategies amid rising demand for risk-managed equity exposure. No additional recent partnerships, funding rounds, or product launches specific to APRJ were reported in the past 1-2 years, though Innovator launched new autocallable income ETFs like ACII and ACEI in September 2025, reflecting ongoing expansion in derivative-based yield solutions.