Innovator Equity Dual Directional 15 Buffer ETF - June

Innovator Equity Dual Directional 15 Buffer ETF - June is an actively managed ETF designed to seek defined outcomes tied to the price return of the SPDR S&P 500 ETF Trust. The fund aims to participate in gains when the reference asset rises, while also seeking positive returns when it declines within a specified range, and it limits losses beyond that range through a 15% buffer. It uses an options-based structure to create a one-year outcome profile that resets at the end of each period. The ETF is built for investors looking for equity-market exposure with a rules-based payoff framework that can behave differently in rising, flat, and moderately declining markets. As part of Innovator’s dual directional lineup, it serves the defined outcome ETF segment, where risk and return features are set in advance rather than left entirely to market movement.