Innovator U.S. Equity Power Buffer ETF - October

Innovator U.S. Equity Power Buffer ETF - October is an actively managed exchange-traded fund designed to provide exposure to U.S. large-cap equities through a structured options-based outcome strategy. The fund seeks to track the return of the SPDR S&P 500 ETF Trust, up to a predetermined cap, while aiming to buffer the first 15% of losses over each outcome period before fees and expenses. It uses this defined-outcome approach to combine equity market participation with a built-in downside buffer, making it a specialized tool within the U.S. large-cap ETF segment. The October series resets approximately annually, and the fund can be held beyond a single outcome period. Innovator U.S. Equity Power Buffer ETF - October is used by market participants looking for a systematic way to access broad U.S. equity exposure with explicit return parameters.