Innovator Premium Income 30 Barrier ETF
OCTJ
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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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
- Oct 2, 2023
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator Premium Income 30 Barrier ETF - October (OCTJ) is an exchange-traded fund that seeks to provide current income and limited exposure to the price return of the S&P 500 Index, up to a 30% positive return barrier, through an actively managed portfolio of FLEX options. The fund employs a data-driven options strategy utilizing standardized, exchange-traded options contracts known as FLEX options; these include a series of FLEX Put Sales, FLEX Put Spreads, and FLEX Call Spreads on the S&P 500 Index, designed to generate premium income while offering defined outcome exposure. OCTJ targets investors seeking monthly income distributions with capped upside potential and downside protection features, operating within the defined outcome ETF segment of the broader exchange-traded products industry. Launched in October 2023 by Innovator Capital Management, LLC, headquartered in Chicago, Illinois, the ETF is issued by Innovator ETFs Trust and focuses on U.S. equity market-linked buffered strategies. The fund distributes income monthly from options premiums, with outcome periods typically resetting monthly to align with its October reference designation, providing geographic focus on U.S. large-cap equities via the S&P 500 benchmark. Recent developments include the expansion of Innovator's Premium Income 30 Barrier ETF suite with additional monthly series launches in 2024 and 2025, enhancing investor access to shorter-duration defined outcome products; in late 2024, Innovator announced strategic enhancements to its options-based income strategies amid rising interest in buffered ETFs. No major acquisitions, funding rounds, or name changes have been reported for OCTJ specifically within the last two years, though parent firm Innovator Capital Management continues to grow its suite of over 80 outcome-based ETFs with AUM exceeding $8 billion as of mid-2025. The fund operates without notable subsidiaries or parent relationships beyond the Innovator ecosystem, serving retail and institutional investors through major U.S. exchanges.