Premium Income 40 Barrier ETF
OCTQ
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
- Oct 2, 2023
- Similar Companies
- Business
- Innovator Premium Income 40 Barrier ETF - October (OCTQ), issued by Innovator Capital Management, LLC through Innovator ETFs Trust, is an actively managed exchange-traded fund that seeks to provide investors with a high level of monthly income and a 40% protective barrier against losses on the S&P 500 Price Return Index over a one-year outcome period ending annually in October; the fund primarily invests in U.S. Treasury bills and FLEX Options on the S&P 500 to achieve its objectives, including short put and long call FLEX Options combined with collateral in Treasuries. Launched on September 29, 2023, and domiciled in the United States, OCTQ targets investors seeking income-generating strategies with defined downside protection in large-cap U.S. equity markets, with principal operations in the United States. The ETF features a net expense ratio of 0.79%, daily pricing, and holdings concentrated in U.S. Treasury bills (approximately 99.83%), S&P 500 options positions, and minimal cash equivalents. Innovator Capital Management, LLC, headquartered in Wheaton, Illinois and founded in 2017 by industry veterans Bruce Bond and John Southard, serves as the investment adviser, pioneering defined outcome ETFs including buffer, income, and protection strategies across more than 150 funds with over $28 billion in assets under management as of late 2025. In a major strategic development, Goldman Sachs announced in December 2025 its agreement to acquire Innovator Capital Management for approximately $2 billion in a cash-and-stock deal expected to close in Q2 2026, pending regulatory approval, to expand its ETF offerings and elevate its position among top active ETF managers with combined assets exceeding $75 billion. Prior to this, Innovator announced the closure and liquidation of OCTQ and related Premium Income Barrier ETFs, with OCTQ liquidated as of October 7, 2025, following a notice issued in August 2025, marking a significant operational wind-down for these specific October series products. No recent partnerships, new product launches, or funding rounds specific to OCTQ were reported beyond these events.