Innovator U.S. Equity Buffer ETF - June

Innovator U.S. Equity Buffer ETF - June is an exchange-traded fund that seeks to provide exposure to the SPDR S&P 500 ETF Trust while limiting losses through a defined buffer strategy. The fund is designed to track the SPY’s price return up to a preset cap over a one-year outcome period, while buffering the first 9% of losses before fees and expenses. BJUN uses an options-based structure tied to large-cap U.S. equities, making it part of the defined-outcome ETF segment used by investors seeking a structured risk-and-return profile rather than direct stock ownership. The June series resets annually, allowing the fund to begin a new outcome period each year with updated caps and buffers. Managed by Innovator Capital Management, Innovator U.S. Equity Buffer ETF - June plays a role in the market as a rules-based U.S. equity strategy centered on downside protection and capped upside participation.