Innovator Index Autocallable Income Strategy ETF (ACII) Stock

About Innovator Index Autocallable Income Strategy ETF

ACII is actively managed, entering into OTC swap agreements. The swaps are structured to mirror the returns of autocallable instruments linked to three major US Equity ETFs: SPDR S&P 500 ETF (SPY), Invesco Nasdaq-100 ETF (QQQ), and the iShares Russell 2000 ETF (IWM). The autocallable instruments generate coupon payments that are contingent on the performance of all three ETFs and are designed so that the fund only participates in losses if one of the three indices declines more than 30%. The swap agreements are staggered across different maturity and observation dates, seeking to reduce timing and reinvestment risks. Measurement dates for the instruments include monthly coupon dates, quarterly call dates, and a final maturity date (typically three years). New autocallable positions are initiated as existing ones mature or are called. Uninvested assets are placed in short-term Treasury bills or money-market funds, as collateral for swaps. The fund may use box spread options to manage cash or generate income.

Innovator Index Autocallable Income Strategy ETF is headquartered in US.

Innovator Index Autocallable Income Strategy ETF (ACII) stock trades at $25.38 with a market capitalization of $11.17M. The stock is valued at a price-to-earnings (P/E) ratio of 60.42, price-to-book of -92.40, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $24.69 and $26.87, and currently trades 5.5% below its 52-week high. It pays a dividend yielding 9.26%.

On profitability, Innovator Index Autocallable Income Strategy ETF generates a return on equity (ROE) of -306.42%, return on capital employed of -0.44%, an operating margin of 0.00%, a net profit margin of 0.00%.

Official website: www.innovatoretfs.com/etf/?ticker=acii