Innovator Emerging Markets Power Buffer ETF - April
EAPR
New York Stock Exchange Arca- -
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.- CEO
- A. A. Subasinghe
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 109 N. Hale Street Wheaton IL United States of America 60187
- IPO Date
- Apr 1, 2021
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator MSCI Emerging Markets Power Buffer ETF - April (EAPR) is an exchange-traded fund that seeks to track the return of the iShares MSCI Emerging Markets ETF (EEM), up to a predetermined cap, while providing a buffer against the first 15% of losses over a one-year outcome period that resets annually in April. The fund, part of Innovator ETFs' suite of Defined Outcome ETFs, invests at least 80% of its net assets in instruments that offer exposure to emerging markets equities through options-based strategies linked to EEM; it maintains a portfolio concentrated in top holdings such as FLEX Options on EEM, with approximately 105% allocation to its top 10 positions, and carries a management fee of 0.89%. Launched on April 1, 2021, EAPR targets investors seeking risk-managed exposure to emerging markets, including countries across Asia, Latin America, and other developing regions, and can be held indefinitely with periodic outcome resets. EAPR operates under Innovator Capital Management LLC (Innovator), an investment advisory firm founded in 2017 and headquartered in Wheaton, Illinois, which pioneered Defined Outcome ETFs in 2018 and manages over $28 billion in assets across 159 such funds as of late 2025. Innovator's core offerings encompass Buffer ETFs, Power Buffer ETFs like EAPR, Equity Defined Protection ETFs, and recent expansions into Dual Directional ETFs, including launches such as the Innovator Equity Dual Directional 15 Buffer ETF – November (DDFN) and Innovator Equity Dual Directional 10 Buffer ETF – November (DDTN) in November 2025, designed to deliver positive returns in both up and down markets to defined thresholds over one-year periods. The firm serves financial advisors, institutional investors, and retail clients focused on growth, income, and downside protection strategies within equity, fixed income, and alternative asset classes. In a major strategic development announced on December 1, 2025, Goldman Sachs agreed to acquire Innovator Capital Management for approximately $2 billion in a cash-and-stock deal expected to close in the second quarter of 2026, adding $28 billion in assets under supervision to Goldman Sachs Asset & Wealth Management and integrating Innovator's leadership team and over 60 employees into its ETF and third-party wealth units. This transaction positions Innovator's defined outcome solutions, including EAPR, as a wholly owned subsidiary enhancing Goldman Sachs' active ETF capabilities amid rapid growth in the category. Prior to the acquisition, Innovator expanded its product lineup with monthly listings of Dual Directional ETFs in late 2025, building on its legacy of innovation from founders Bruce Bond and John Southard, previously of PowerShares ETFs.