TABLE OF CONTENTS

 

Letter to Shareholders	3
Fund Performance	5
Expense Example	113
Schedules of Investments and Options Written	116
Statements of Assets and Liabilities	220
Statements of Operations	246
Statements of Changes in Net Assets	272
Financial Highlights	294
Notes to Financial Statements	320
Report of Independent Registered Public Accounting Firm	355
Trustees and Officers	362
Board Considerations Regarding Approval of Investment Management Agreement	364
Additional Information	373

 

 

Letter to Shareholders (Unaudited)

 

Dear Valued Shareholders,

 

The 12-month period ending October 31, 2023 played out differently than many had anticipated. The S&P 500 climbed nearly 20% during the first nine months, only to fall 11% during the last three months. The recession that many expected to come never manifested, but signs of its approach began to take form.

        

In its fight against inflation, the Federal Reserve continued the tightening cycle it had begun earlier in 2022. In addition to increasing the Fed Funds rate 2.25 percentage points, it also reduced the size of its balance sheet by more than $800 billion over the period. These efforts appeared to pay off, as inflation fell from 7.7% at the start of the period to 3.2% by the end of it. Whether or not the Fed will be able to get inflation back down to its 2% target without also triggering a recession remains to be seen.

 

Equity market volatility trended lower over the period as investors grew increasingly confident that the Fed was moving closer to the end of its hawkish posture. Over the period, five stocks accounted for more than 75% of the S&P 500’s 10.1% return, hinting at the risks of such a broad index being dominated by so few constituents.

 

In the face of equity market uncertainty and bond market volatility, investors continued to look for ways to maintain exposure to the market’s upside potential while also seeking to mitigate downside risk. During the period, Innovator brought 20 new ETFs to market, including the first Defined Income and Defined Protection ETFs. Strong inflows contributed to a 60% increase in our assets under management. In August, we marked the five-year anniversary of the launch of the world’s first Defined Outcome ETFs. Today, with close to 100 Defined Outcome ETFs, we offer the industry’s largest and widest ranging lineup and we have no intention of slowing down.

 

On behalf of the team at Innovator, thank you for the confidence and trust you’ve place in us and our products over the past year. We are eager to continue working with you in the months ahead and wish you all the best in the coming year.

 

 

 

Bruce Bond,

CEO 

 

 

Letter to Shareholders (Unaudited) (Continued)

 

Market data sourced from Bloomberg LP

 

The views in this report were those of the Fund’s CEO as of October 31, 2023 and may not reflect his views on the date that this report is first published or anytime thereafter. These views are intended to assist shareholders in understanding their investments and do not constitute investment advice.

 

The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see Investor Suitability" in the prospectus.

 

Investing involves risks. Loss of principal is possible.

 

The Funds' investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contains this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.

 

Innovator ETFs are distributed by Foreside Fund Services, LLC.

 

 

Fund Performance Overview (Unaudited)

 

The performance overview below applies to the following funds:

 

●

Innovator U.S. Equity Buffer ETF – January

●

Innovator U.S. Equity Buffer ETF – February

●

Innovator U.S. Equity Buffer ETF – March

●

Innovator U.S. Equity Buffer ETF – April

●

Innovator U.S. Equity Buffer ETF – May

●

Innovator U.S. Equity Buffer ETF – June

●

Innovator U.S. Equity Buffer ETF – July

●

Innovator U.S. Equity Buffer ETF – August

●

Innovator U.S. Equity Buffer ETF – September

●

Innovator U.S. Equity Buffer ETF – October

●

Innovator U.S. Equity Buffer ETF – November

●

Innovator U.S. Equity Buffer ETF – December

●

Innovator U.S. Equity Power Buffer ETF – January

●

Innovator U.S. Equity Power Buffer ETF – February

●

Innovator U.S. Equity Power Buffer ETF – March

●

Innovator U.S. Equity Power Buffer ETF – April

●

Innovator U.S. Equity Power Buffer ETF – May

●

Innovator U.S. Equity Power Buffer ETF – June

●

Innovator U.S. Equity Power Buffer ETF – July

●

Innovator U.S. Equity Power Buffer ETF – August

●

Innovator U.S. Equity Power Buffer ETF – September

●

Innovator U.S. Equity Power Buffer ETF – October

●

Innovator U.S. Equity Power Buffer ETF – November

●

Innovator U.S. Equity Power Buffer ETF – December

●

Innovator U.S. Equity Ultra Buffer ETF – January

●

Innovator U.S. Equity Ultra Buffer ETF – February

●

Innovator U.S. Equity Ultra Buffer ETF – March

●

Innovator U.S. Equity Ultra Buffer ETF – April

●

Innovator U.S. Equity Ultra Buffer ETF – May

●

Innovator U.S. Equity Ultra Buffer ETF – June

●

Innovator U.S. Equity Ultra Buffer ETF – July

●

Innovator U.S. Equity Ultra Buffer ETF – August

●

Innovator U.S. Equity Ultra Buffer ETF – September

●

Innovator U.S. Equity Ultra Buffer ETF – October

●

Innovator U.S. Equity Ultra Buffer ETF – November

●

Innovator U.S. Equity Ultra Buffer ETF – December

●

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly

●

Innovator U.S. Equity 10 Buffer ETF – Quarterly

 

 

Fund Performance Overview (Unaudited) (Continued)

 

The Fund seeks to match the price returns of the SPDR S&P 500 ETF Trust (SPY) up to a stated upside Cap, while limiting downside losses to SPY by the amount of its stated Buffer over the course of the Outcome Period.  Because the periods contemplated herein do not align with the Outcome Period of the Funds [(with the exception of [November funds)], the Funds’ performance stated over the periods covered by this report does not reflect the implementation of the Funds’ investment strategy for the full Outcome Period.

 

In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Funds to soften market losses during the reporting periods and outperform the S&P 500 Index.  Alternatively, in markets where the S&P 500 Index is appreciating, the risk mitigation attributes of the Buffer may limit the upside performance over the reporting periods by virtue of the Fund’s Cap, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period.  The effect of the Cap and the Buffer will also cause the Fund to experience different returns than SPY.

 

The S&P 500 Index delivered strong positive returns over the year ending October 31st, 2023 -- largely driven by the performance of the "Magnificent 7" stocks as well as expectations of more accommodative monetary policy in the near future.

 

The Funds’ website, www.innovatoretfs.com, provides important information relating to each Fund, including potential Outcomes of an investment in the Fund. One cannot invest directly in an index. Past performance does not guarantee future results.

 

 

Fund Performance Overview (Unaudited) (Continued)

 

The performance overview below applies to the following funds:

 

●

Innovator Premium Income 10 Barrier ETF – April

●

Innovator Premium Income 20 Barrier ETF – April

●

Innovator Premium Income 30 Barrier ETF – April

●

Innovator Premium Income 40 Barrier ETF – April

●

Innovator Premium Income 10 Barrier ETF – July

●

Innovator Premium Income 20 Barrier ETF – July

●

Innovator Premium Income 30 Barrier ETF – July

●

Innovator Premium Income 40 Barrier ETF – July

●

Innovator Premium Income 10 Barrier ETF – October

●

Innovator Premium Income 10 Barrier ETF – October

●

Innovator Premium Income 10 Barrier ETF – October

●

Innovator Premium Income 10 Barrier ETF – October

 

The Funds seek to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the S&P 500 Price Return Index (SPX) at the end of the Outcome Period through the implementation of a Barrier.  Because the periods contemplated herein do not align with the Outcome Period of the Funds, the Funds’ performance stated over the periods covered by this report does not reflect the implementation of the Funds’ investment strategy for the full Outcome Period.

 

In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Barrier provide an opportunity for the Funds to soften market losses during the reporting periods and outperform the S&P 500 Index.  Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period.  The effect of the Defined Distribution Rate and the Barrier will cause the Fund to experience different returns than SPX.

 

The S&P 500 Index delivered strong positive returns over the year ending October 31st, 2023 -- largely driven by the performance of the "Magnificent 7" stocks as well as expectations of more accommodative monetary policy in the near future.

 

The Funds’ website, www.innovatoretfs.com, provides important information relating to each Fund, including potential Outcomes of an investment in the Fund. One cannot invest directly in an index. Past performance does not guarantee future results.

 

 

Fund Performance Overview (Unaudited) (Continued)

 

The performance overview below applies to the following funds:

 

●

Innovator Premium Income 9 Buffer ETF – October

●

Innovator Premium Income 15 Buffer ETF – October

 

The Funds seek to provide an income-oriented defined outcome strategy which limits the total return a Fund may provide over the course of the Outcome Period to the Defined Distribution Rate, while potentially limiting downside losses experienced by the SPDR S&P 500 ETF Trust (SPY) at the end of the Outcome Period through the implementation of a Buffer.  Because the periods contemplated herein do not align with the Outcome Period of the Funds, the Funds’ performance stated over the periods covered by this report does not reflect the implementation of the Funds’ investment strategy for the full Outcome Period.

 

In markets where the S&P 500 Index is down, the risk mitigation attributes of the stated Buffer provide an opportunity for the Funds to soften market losses during the reporting periods and outperform the S&P 500 Index.  Alternatively, in markets where the S&P 500 Index is appreciating, the structure of the Fund’s investments is such that the Fund will not participate in the upside returns of such index, and the total return provided will be the Fund’s stated Defined Distribution Rate, which limits the amount of potential Fund gains and represents the absolute maximum return that the Fund can achieve for its Outcome Period.  The effect of the Defined Distribution Rate and the Buffer will cause the Fund to experience different returns than SPY.

 

The S&P 500 Index delivered strong positive returns over the year ending October 31st, 2023 -- largely driven by the performance of the "Magnificent 7" stocks as well as expectations of more accommodative monetary policy in the near future.

 

The Funds’ website, www.innovatoretfs.com, provides important information relating to each Fund, including potential Outcomes of an investment in the Fund. One cannot invest directly in an index. Past performance does not guarantee future results.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JANUARY

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF - January from its inception (December 31, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - January
NAV Return			8.50	%			6.53	%			8.79	%
Market Return			8.55	%			6.45	%			8.79	%
S&P 500® Index - Price Return			8.31	%			8.65	%			11.24	%
S&P 500® Index - Total Return			10.14	%			10.36	%			13.14	%

 

(a)	Inception date is December 31, 2018.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JANUARY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BJAN.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – FEBRUARY

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – February from its inception (January 31, 2020) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - February
NAV Return			10.62	%			9.30	%			8.03	%
Market Return			10.65	%			9.55	%			8.03	%
S&P 500® Index - Price Return			8.31	%			8.65	%			7.25	%
S&P 500® Index - Total Return			10.14	%			10.36	%			9.01	%

 

(a)	Inception date is January 31, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – FEBRUARY

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BFEB.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – MARCH

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – March from its inception (February 28, 2020) to  October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - March
NAV Return			11.89	%			8.56	%			9.03	%
Market Return			11.99	%			8.76	%			9.02	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.01	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.79	%

 

(a)	Inception date is February 28, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – MARCH

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BMAR.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – APRIL

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – April from its inception (March 29, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - April
NAV Return			11.65	%			6.60	%			7.26	%
Market Return			11.91	%			6.70	%			7.25	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.91	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.75	%

 

(a)	Inception date is March 29, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – APRIL

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BAPR.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – MAY

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – May from its inception (April 30, 2020) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - May
NAV Return			5.29	%			3.11	%			5.19	%
Market Return			5.20	%			3.32	%			5.19	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.97	%
S&P 500® Index - Total Return			10.14	%			10.36	%			12.75	%

 

(a)	Inception date is April 30, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.     

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – MAY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BMAY. 

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JUNE

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – June from its inception (May 31, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - June
NAV Return			5.69	%			3.40	%			5.68	%
Market Return			5.62	%			3.60	%			5.65	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.00	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.85	%

 

(a)	Inception date is May 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JUNE

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BJUN.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JULY

 

Fund Performance

 

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – July from its inception (August 28, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				5 years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - July
NAV Return			9.98	%			6.83	%			6.62	%			5.65	%
Market Return			10.03	%			6.81	%			6.64	%			5.66	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.11	%			7.41	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.01	%			9.27	%

 

(a)	Inception date is August 28, 2018.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JULY

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BJUL.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – AUGUST

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – August from its inception (July 31, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - August
NAV Return			8.35	%			5.75	%			6.33	%
Market Return			8.12	%			6.05	%			6.32	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.36	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.18	%

 

(a)	Inception date is July 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – AUGUST

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BAUG. 

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – SEPTEMBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – September from its inception (August 30, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - September
NAV Return			9.26	%			7.86	%			7.78	%
Market Return			9.31	%			7.95	%			7.77	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.01	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.82	%

 

(a)	Inception date is August 30, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – SEPTEMBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BSEP.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – OCTOBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – October from its inception (September 28, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				5 years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - October
NAV Return			11.18	%			8.63	%			8.37	%			7.28	%
Market Return			11.15	%			8.69	%			8.47	%			7.29	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.11	%			7.41	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.01	%			9.27	%

 

(a)	Inception date is September 28, 2018.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – OCTOBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Return shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BOCT.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – NOVEMBER

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – November from its inception (October 31, 2019) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - November
NAV Return			7.49	%			5.39	%			5.79	%
Market Return			7.38	%			5.32	%			5.80	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.40	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.20	%

 

(a)	Inception date is October 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – NOVEMBER

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BNOV. 

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – DECEMBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Buffer ETF – December from its inception (November 29, 2019) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Buffer ETF - December
NAV Return			8.18	%			7.30	%			6.87	%
Market Return			8.16	%			7.51	%			6.86	%
S&P 500® Index - Price Return			8.31	%			8.65	%			7.65	%
S&P 500® Index - Total Return			10.14	%			10.36	%			9.41	%

 

(a)	Inception date is November 29, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – DECEMBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/BDEC.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JANUARY

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – January from its inception (December 31, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - January
NAV Return			9.91	%			5.61	%			6.66	%
Market Return			9.89	%			5.72	%			6.63	%
S&P 500® Index - Price Return			8.31	%			8.65	%			11.24	%
S&P 500® Index - Total Return			10.14	%			10.36	%			13.14	%

 

(a)	Inception date is December 31, 2018.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JANUARY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PJAN. 

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – FEBRUARY

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – February from its inception (January 31, 2020) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - February
NAV Return			7.84	%			6.25	%			5.54	%
Market Return			7.99	%			6.45	%			5.55	%
S&P 500® Index - Price Return			8.31	%			8.65	%			7.25	%
S&P 500® Index - Total Return			10.14	%			10.36	%			9.01	%

 

(a)	Inception date is January 31, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – FEBRUARY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PFEB. 

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – MARCH

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – March from its inception (February 28, 2020) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return. 

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - March
NAV Return			9.24	%			6.60	%			6.85	%
Market Return			9.36	%			6.67	%			6.82	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.01	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.79	%

 

(a)	Inception date is February 28, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – MARCH

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PMAR.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – APRIL

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – April from its inception (March 29, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - April
NAV Return			8.78	%			4.45	%			4.97	%
Market Return			8.75	%			4.55	%			4.95	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.91	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.75	%

 

(a)	Inception date is March 29, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – APRIL

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PAPR. 

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – MAY

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – May from its inception (April 30, 2020) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - May
NAV Return			4.19	%			2.20	%			3.78	%
Market Return			3.88	%			2.39	%			3.74	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.97	%
S&P 500® Index - Total Return			10.14	%			10.36	%			12.75	%

 

(a)	Inception date is April 30, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – MAY

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PMAY.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JUNE

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – June from its inception (May 31, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - June
NAV Return			4.54	%			2.43	%			4.70	%
Market Return			4.47	%			2.53	%			4.67	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.00	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.85	%

 

(a)	Inception date is May 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JUNE

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PJUN.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JULY

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – July from its inception (August 7, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				5 years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - July
NAV Return			11.41	%			6.70	%			6.30	%			5.67	%
Market Return			11.22	%			6.82	%			6.30	%			5.66	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.11	%			7.60	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.01	%			9.48	%

 

(a)	Inception date is August 7, 2018.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JULY

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PJUL. 

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – AUGUST

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – August from its inception (July 31, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - August
NAV Return			8.82	%			4.55	%			5.23	%
Market Return			8.53	%			4.70	%			5.21	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.36	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.18	%

 

(a)	Inception date is July 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – AUGUST

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PAUG.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – SEPTEMBER

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – September from its inception (August 30, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - September
NAV Return			10.09	%			7.20	%			6.55	%
Market Return			10.29	%			7.29	%			6.58	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.01	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.82	%

 

(a)	Inception date is August 30, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – SEPTEMBER

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PSEP.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – OCTOBER

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – October from its inception (September 28, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				5 years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - October
NAV Return			13.04	%			8.89	%			7.86	%			6.87	%
Market Return			13.22	%			8.78	%			7.74	%			6.89	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.11	%			7.41	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.01	%			9.27	%

 

(a)	Inception date is September 28, 2018.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – OCTOBER

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/POCT.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – NOVEMBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – November from its inception (October 31, 2019) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - November
NAV Return			7.50	%			5.73	%			6.03	%
Market Return			7.35	%			5.63	%			6.04	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.40	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.20	%

 

(a)	Inception date is October 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – NOVEMBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PNOV. 

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – DECEMBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Power Buffer ETF – December from its inception (November 29, 2019) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Power Buffer ETF - December
NAV Return			5.38	%			4.89	%			4.72	%
Market Return			5.41	%			4.93	%			4.68	%
S&P 500® Index - Price Return			8.31	%			8.65	%			7.65	%
S&P 500® Index - Total Return			10.14	%			10.36	%			9.41	%

 

(a)	Inception date is November 29, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – DECEMBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/PDEC. 

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - JANUARY

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – January from its inception (December 31, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - January
NAV Return			8.93	%			4.31	%			5.30	%
Market Return			8.79	%			4.46	%			5.30	%
S&P 500® Index - Price Return			8.31	%			8.65	%			11.24	%
S&P 500® Index - Total Return			10.14	%			10.36	%			13.14	%

 

(a)	Inception date is December 31, 2018.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - JANUARY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UJAN.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - FEBRUARY

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – February from its inception (January 31, 2020) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - February
NAV Return			2.85	%			2.85	%			2.70	%
Market Return			2.93	%			3.02	%			2.70	%
S&P 500® Index - Price Return			8.31	%			8.65	%			7.25	%
S&P 500® Index - Total Return			10.14	%			10.36	%			9.01	%

 

(a)	Inception date is January 31, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - FEBRUARY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UFEB. 

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - MARCH

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – March from its inception (February 28, 2020) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - March
NAV Return			4.09	%			3.07	%			3.47	%
Market Return			3.88	%			3.22	%			3.46	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.01	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.79	%

 

(a)	Inception date is February 28, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - MARCH

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UMAR. 

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - APRIL

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – April from its inception (March 29, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - April
NAV Return			2.62	%			1.34	%			0.93	%
Market Return			2.61	%			1.41	%			0.94	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.91	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.75	%

 

(a)	Inception date is March 29, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.  

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - APRIL

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UAPR.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - MAY

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – May from its inception (April 30, 2020) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - May
NAV Return			3.83	%			0.82	%			1.86	%
Market Return			3.97	%			1.04	%			1.85	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.97	%
S&P 500® Index - Total Return			10.14	%			10.36	%			12.75	%

 

(a)	Inception date is April 30, 2020.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.   

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - MAY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UMAY. 

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - JUNE

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – June from its inception (May 31, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - June
NAV Return			4.09	%			0.88	%			3.16	%
Market Return			4.06	%			1.05	%			3.17	%
S&P 500® Index - Price Return			8.31	%			8.65	%			10.00	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.85	%

 

(a)	Inception date is May 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - JUNE

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UJUN.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - JULY

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – July from its inception (August 7, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				5 years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - July
NAV Return			8.78	%			2.95	%			3.76	%			3.20	%
Market Return			8.93	%			2.99	%			3.78	%			3.23	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.11	%			7.60	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.01	%			9.48	%

 

(a)	Inception date is August 7, 2018.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - JULY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UJUL.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - AUGUST

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – August from its inception (July 31, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - August
NAV Return			8.32	%			1.75	%			3.13	%
Market Return			8.21	%			1.83	%			3.17	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.36	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.18	%

 

(a)	Inception date is July 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - AUGUST

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UAUG.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - SEPTEMBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – September from its inception (August 30, 2019) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - September
NAV Return			9.93	%			3.80	%			4.10	%
Market Return			10.17	%			3.94	%			4.15	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.01	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.82	%

 

(a)	Inception date is August 30, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - SEPTEMBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/USEP.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - OCTOBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – October from its inception (September 28, 2018) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				5 years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - October
NAV Return			11.88	%			5.48	%			5.48	%			4.65	%
Market Return			11.89	%			5.48	%			5.39	%			4.69	%
S&P 500® Index - Price Return			8.31	%			8.65	%			9.11	%			7.41	%
S&P 500® Index - Total Return			10.14	%			10.36	%			11.01	%			9.27	%

 

(a)	Inception date is September 28, 2018.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - OCTOBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UOCT.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - NOVEMBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – November from its inception (October 31, 2019) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - November
NAV Return			7.48	%			2.84	%			3.83	%
Market Return			7.47	%			2.72	%			3.83	%
S&P 500® Index - Price Return			8.31	%			8.65	%			8.40	%
S&P 500® Index - Total Return			10.14	%			10.36	%			10.20	%

 

(a)	Inception date is October 31, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - NOVEMBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index.

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UNOV.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - DECEMBER

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity Ultra Buffer ETF – December from its inception (November 29, 2019) to October 31, 2023 as compared with the S&P 500® Index - Price Return and Total Return.

 

 

		Average Annual Total Returns as of October 31, 2023
		One Year				Three Years				Since Inception (a)
Innovator U.S. Equity Ultra Buffer ETF - December
NAV Return			2.34	%			1.90	%			2.17	%
Market Return			2.40	%			2.06	%			2.17	%
S&P 500® Index - Price Return			8.31	%			8.65	%			7.65	%
S&P 500® Index - Total Return			10.14	%			10.36	%			9.41	%

 

(a)	Inception date is November 29, 2019.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - DECEMBER

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index. 

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/UDEC.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF - APRIL

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 10 Barrier ETF - April from its inception (March 31, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 10 Barrier ETF - April
NAV Return			5.44	%
Market Return			5.46	%
S&P 500® Index - Price Return			2.06	%
S&P 500® Index - Total Return			2.97	%

 

(a) Inception date is March 31, 2023.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF - APRIL

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table does not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index. 

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/APRD. 

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF - APRIL

 

Fund Performance
October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 20 Barrier ETF - April from its inception (March 31, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 20 Barrier ETF - April
NAV Return			5.04	%
Market Return			5.05	%
S&P 500® Index - Price Return			2.06	%
S&P 500® Index - Total Return			2.97	%

 

(a)	Inception date is March 31, 2023.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF - APRIL

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table does not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index. 

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/APRH. 

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF - APRIL

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 30 Barrier ETF - April from its inception (March 31, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 30 Barrier ETF - April
NAV Return			4.23	%
Market Return			4.16	%
S&P 500® Index - Price Return			2.06	%
S&P 500® Index - Total Return			2.97	%

 

(a)	Inception date is March 31, 2023.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF - APRIL

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table does not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index. 

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/APRJ. 

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF - APRIL

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 40 Barrier ETF - April from its inception (March 31, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 40 Barrier ETF - April
NAV Return			3.49	%
Market Return			3.25	%
S&P 500® Index - Price Return			2.06	%
S&P 500® Index - Total Return			2.97	%

 

(a)	Inception date is March 31, 2023.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com. 

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF - APRIL

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table does not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index - Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any. 

 

The S&P 500® Index is an unmanaged, capitalization-weighted index generally representative of the U.S. market for large capitalization stocks. 

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange-traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses. 

 

You cannot invest directly in an index. 

 

Premium/Discount Information: 

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/APRQ. 

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF - JULY

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 10 Barrier ETF – July from its inception (June 30, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 10 Barrier ETF - July
NAV Return			0.17	%
Market Return			0.17	%
S&P 500® Index - Price Return			-5.77	%
S&P 500® Index - Total Return			-5.31	%

 

(a)	Inception date is June 30, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF - JULY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/JULD.

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF - JULY

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 20 Barrier ETF – July from its inception (June 30, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 20 Barrier ETF - July
NAV Return			1.20	%
Market Return			1.26	%
S&P 500® Index - Price Return			-5.77	%
S&P 500® Index - Total Return			-5.31	%

 

(a)	Inception date is June 30, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.  

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF - JULY

 

Fund Performance
October 31, 2023 (Unaudited) (Continued)

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/JULH.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF - JULY

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 30 Barrier ETF – July from its inception (June 30, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 30 Barrier ETF - July
NAV Return			1.79	%
Market Return			1.84	%
S&P 500® Index - Price Return			-5.77	%
S&P 500® Index - Total Return			-5.31	%

 

(a)	Inception date is June 30, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF - JULY

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/JULJ.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF - JULY

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 40 Barrier ETF – July from its inception (June 30, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 40 Barrier ETF - July
NAV Return			1.82	%
Market Return			1.94	%
S&P 500® Index - Price Return			-5.77	%
S&P 500® Index - Total Return			-5.31	%

 

(a)	Inception date is June 30, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF - JULY

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/JULQ.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF - OCTOBER

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 10 Barrier ETF – October from its inception (September 29, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 10 Barrier ETF - October
NAV Return			-0.14	%
Market Return			-0.06	%
S&P 500® Index - Price Return			-2.20	%
S&P 500® Index - Total Return			-2.10	%

 

(a)	Inception date is September 29, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.  

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF - OCTOBER

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/OCTD.

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF - OCTOBER

 

Fund Performance

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 20 Barrier ETF – October from its inception (September 29, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 20 Barrier ETF - October
NAV Return			0.04	%
Market Return			0.15	%
S&P 500® Index - Price Return			-2.20	%
S&P 500® Index - Total Return			-2.10	%

 

(a)	Inception date is September 29, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.  

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF - OCTOBER

 

Fund Performance

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/OCTH.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF - OCTOBER

 

Fund Performance 

October 31, 2023 (Unaudited) 

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 30 Barrier ETF – October from its inception (September 29, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return.

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 30 Barrier ETF - October
NAV Return			0.17	%
Market Return			0.42	%
S&P 500® Index - Price Return			-2.20	%
S&P 500® Index - Total Return			-2.10	%

 

(a)	Inception date is September 29, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF - OCTOBER

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/OCTJ.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF - OCTOBER

 

Fund Performance 

October 31, 2023 (Unaudited) 

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 40 Barrier ETF – October from its inception (September 29, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 40 Barrier ETF - October
NAV Return			0.17	%
Market Return			0.27	%
S&P 500® Index - Price Return			-2.20	%
S&P 500® Index - Total Return			-2.10	%

 

(a)	Inception date is September 29, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF - OCTOBER

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/OCTQ.

 

 

INNOVATOR U.S. EQUITY 5 TO 15 BUFFER ETF - QUARTERLY

 

Fund Performance 

October 31, 2023 (Unaudited) 

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly from its inception (September 29, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly
NAV Return			-1.49	%
Market Return			-1.37	%
S&P 500® Index - Price Return			-2.20	%
S&P 500® Index - Total Return			-2.10	%

 

(a)	Inception date is September 29, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.69%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY 5 TO 15 BUFFER ETF - QUARTERLY

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/EALT.

 

 

INNOVATOR U.S. EQUITY 10 BUFFER ETF - QUARTERLY

 

Fund Performance 

October 31, 2023 (Unaudited) 

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator U.S. Equity 10 Buffer ETF – Quarterly from its inception (September 29, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator U.S. Equity 10 Buffer ETF - Quarterly
NAV Return			-0.30	%
Market Return			-0.33	%
S&P 500® Index - Price Return			-2.20	%
S&P 500® Index - Total Return			-2.10	%

 

(a)	Inception date is September 29, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.69%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR U.S. EQUITY 10 BUFFER ETF - QUARTERLY

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/ZALT.

 

 

INNOVATOR PREMIUM INCOME 9 BUFFER ETF - OCTOBER

 

Fund Performance 

October 31, 2023 (Unaudited) 

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 9 Buffer ETF – October from its inception (September 29, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 9 Buffer ETF - October
NAV Return			0.18	%
Market Return			0.32	%
S&P 500® Index - Price Return			-2.20	%
S&P 500® Index - Total Return			-2.10	%

 

(a)	Inception date is September 29, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.  

 

 

INNOVATOR PREMIUM INCOME 9 BUFFER ETF - OCTOBER

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/HOCT.

 

 

INNOVATOR PREMIUM INCOME 15 BUFFER ETF - OCTOBER

 

Fund Performance 

October 31, 2023 (Unaudited)

 

The following chart compares the value of a hypothetical $10,000 investment in the Innovator Premium Income 15 Buffer ETF – October from its inception (September 29, 2023) to October 31, 2023 as compared with the S&P 500® Index – Price Return and Total Return. 

 

 

		Total Returns as of October 31, 2023
		Since Inception (a)
Innovator Premium Income 15 Buffer ETF - October
NAV Return			0.32	%
Market Return			0.49	%
S&P 500® Index - Price Return			-2.20	%
S&P 500® Index - Total Return			-2.10	%

 

(a)	Inception date is September 29, 2023.

 

Performance data quoted represents past performance and does not guarantee future results.  The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.  Current performance of the Fund may be lower or higher than the performance quoted. As of the latest prospectus, the net expense ratio of the Fund was 0.79%. For the most recent performance, please visit the Fund’s website at innovatoretfs.com.

 

 

INNOVATOR PREMIUM INCOME 15 BUFFER ETF - OCTOBER

 

Fund Performance 

October 31, 2023 (Unaudited) (Continued)

 

The line graph and performance table do not reflect the deduction of taxes that a shareholder may pay on fund distributions or the redemption of Fund shares. Returns shown for the Fund and S&P 500® Index – Total Return include the reinvestment of all dividends, if any. Returns shown for the S&P 500® Index – Price Return do not include the reinvestment of dividends, if any.

 

The S&P 500® Index is an unmanaged, capitalization–weighted index generally representative of the U.S. market for large capitalization stocks.

 

The Fund’s portfolio holdings may differ significantly from the securities held in the relevant index and, unlike an exchange–traded fund, the performance of an unmanaged index does not reflect deductions for transaction costs, taxes, management fees or other expenses.

 

You cannot invest directly in an index.

 

Premium/Discount Information:

 

Information regarding the differences between the price of the Fund’s shares on the secondary market and the Fund’s net asset value is available at Innovatoretfs.com/LOCT.

 

 

INNOVATOR ETFs TRUST

 

Expense Example

For the Period Ended October 31, 2023 (Unaudited)

 

As a shareholder of the Funds, you incur two types of costs: (1) ongoing costs, including management fees, and other Fund expenses; and (2) transaction costs, including brokerage commissions on the purchase and sale of Fund shares. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other funds.

 

The Example is based on an investment of $1,000 invested at the beginning of the respective period and held for the entire respective period to October 31, 2023 for each Fund.

 

Actual Expenses

 

The following table provides information about actual account values and actual expenses. You may use the information in this table, together with the amount you invested, to estimate the expenses you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 equals 8.6), then multiply the result by the number in the applicable line under the heading titled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

 

										Expenses Paid
		Beginning				Ending				During the
		Account Value				Account Value				Period
Innovator U.S. Equity Buffer ETF - January (NAV)		$	1,000.00			$	1,007.20			$	4.00		(a)
Innovator U.S. Equity Buffer ETF - February (NAV)			1,000.00				1,010.10				4.00		(a)
Innovator U.S. Equity Buffer ETF - March (NAV)			1,000.00				1,013.70				4.01		(a)
Innovator U.S. Equity Buffer ETF - April (NAV)			1,000.00				1,012.60				4.01		(a)
Innovator U.S. Equity Buffer ETF - May (NAV)			1,000.00				1,013.30				4.01		(a)
Innovator U.S. Equity Buffer ETF - June (NAV)			1,000.00				1,004.60				3.99		(a)
Innovator U.S. Equity Buffer ETF - July (NAV)			1,000.00				1,023.80				4.03		(a)
Innovator U.S. Equity Buffer ETF - August (NAV)			1,000.00				1,020.10				4.02		(a)
Innovator U.S. Equity Buffer ETF - September (NAV)			1,000.00				1,019.70				4.02		(a)
Innovator U.S. Equity Buffer ETF - October (NAV)			1,000.00				1,017.50				4.02		(a)
Innovator U.S. Equity Buffer ETF - November (NAV)			1,000.00				998.40				3.98		(a)
Innovator U.S. Equity Buffer ETF - December (NAV)			1,000.00				999.70				3.98		(a)
Innovator U.S. Equity Power Buffer ETF - January (NAV)			1,000.00				1,017.30				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - February (NAV)			1,000.00				1,014.30				4.01		(a)
Innovator U.S. Equity Power Buffer ETF - March (NAV)			1,000.00				1,020.30				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - April (NAV)			1,000.00				1,016.40				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - May (NAV)			1,000.00				1,016.90				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - June (NAV)			1,000.00				1,005.80				3.99		(a)
Innovator U.S. Equity Power Buffer ETF - July (NAV)			1,000.00				1,036.50				4.06		(a)
Innovator U.S. Equity Power Buffer ETF - August (NAV)			1,000.00				1,032.30				4.05		(a)
Innovator U.S. Equity Power Buffer ETF - September (NAV)			1,000.00				1,031.60				4.05		(a)
Innovator U.S. Equity Power Buffer ETF - October (NAV)			1,000.00				1,045.10				4.07		(a)
Innovator U.S. Equity Power Buffer ETF - November (NAV)			1,000.00				1,000.70				3.98		(a)
Innovator U.S. Equity Power Buffer ETF - December (NAV)			1,000.00				996.20				3.97		(a)
Innovator U.S. Equity Ultra Buffer ETF - January (NAV)			1,000.00				1,021.30				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - February (NAV)			1,000.00				1,009.90				4.00		(a)
Innovator U.S. Equity Ultra Buffer ETF - March (NAV)			1,000.00				1,016.10				4.01		(a)
Innovator U.S. Equity Ultra Buffer ETF - April (NAV)			1,000.00				1,010.60				4.00		(a)
Innovator U.S. Equity Ultra Buffer ETF - May (NAV)			1,000.00				1,009.40				4.00		(a)
Innovator U.S. Equity Ultra Buffer ETF - June (NAV)			1,000.00				1,006.10				3.99		(a)
Innovator U.S. Equity Ultra Buffer ETF - July (NAV)			1,000.00				1,012.90				4.01		(a)

 

 

INNOVATOR ETFs TRUST

 

Expense Example

For the Period Ended October 31, 2023 (Unaudited) (Continued)

 

										Expenses Paid
		Beginning				Ending				During the
		Account Value				Account Value				Period
Innovator U.S. Equity Ultra Buffer ETF - August (NAV)			1,000.00				1,037.20				4.06		(a)
Innovator U.S. Equity Ultra Buffer ETF - September (NAV)			1,000.00				1,036.10				4.05		(a)
Innovator U.S. Equity Ultra Buffer ETF - October (NAV)			1,000.00				1,042.20				4.07		(a)
Innovator U.S. Equity Ultra Buffer ETF - November (NAV)			1,000.00				1,009.30				4.00		(a)
Innovator U.S. Equity Ultra Buffer ETF - December (NAV)			1,000.00				995.40				3.97		(a)
Innovator Premium Income 10 Barrier ETF - April (NAV)			1,000.00				1,054.40				4.09		(a)
Innovator Premium Income 20 Barrier ETF - April (NAV)			1,000.00				1,050.40				4.08		(a)
Innovator Premium Income 30 Barrier ETF - April (NAV)			1,000.00				1,036.90				4.06		(a)
Innovator Premium Income 40 Barrier ETF - April (NAV)			1,000.00				1,030.70				4.04		(a)
Innovator Premium Income 10 Barrier ETF - July (NAV)			1,000.00				1,001.70				2.62		(b)
Innovator Premium Income 20 Barrier ETF - July (NAV)			1,000.00				1,012.00				2.63		(b)
Innovator Premium Income 30 Barrier ETF - July (NAV)			1,000.00				1,017.90				2.64		(b)
Innovator Premium Income 40 Barrier ETF - July (NAV)			1,000.00				1,018.20				2.64		(b)
Innovator Premium Income 10 Barrier ETF - October (NAV)			1,000.00				998.60				0.65		(c)
Innovator Premium Income 20 Barrier ETF - October (NAV)			1,000.00				1,000.40				0.65		(c)
Innovator Premium Income 30 Barrier ETF - October (NAV)			1,000.00				1,001.70				0.65		(c)
Innovator Premium Income 40 Barrier ETF - October (NAV)			1,000.00				1,001.70				0.65		(c)
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly (NAV)			1,000.00				985.10				0.56		(d)
Innovator U.S. Equity 10 Buffer ETF - Quarterly (NAV)			1,000.00				997.00				0.57		(d)
Innovator Premium Income 9 Buffer ETF - October (NAV)			1,000.00				1,001.80				0.65		(c)
Innovator Premium Income 15 Buffer ETF - October (NAV)			1,000.00				1,003.20				0.65		(c)

 

(a)	Expenses are equal to the Fund’s annualized expense ratio (0.79%), multiplied by the average account value over the period, multiplied by 184/365 (to reflect the six month period).

(b)	Expenses are equal to the Fund’s annualized expense ratio (0.79%), multiplied by the average account value over the period, multiplied by 121/365 (to reflect the period since the Fund's inception).

(c)	Expenses are equal to the Fund’s annualized expense ratio (0.79%), multiplied by the average account value over the period, multiplied by 31/365 (to reflect the period since the Fund's inception).

(d)	Expenses are equal to the Fund’s annualized expense ratio (0.69%), multiplied by the average account value over the period, multiplied by 31/365 (to reflect the period since the Fund's inception).

 

Hypothetical Example for Comparison Purposes

 

The following table provides information about hypothetical account values and hypothetical expenses based on the Funds’ actual expense ratios and an assumed rate of return of 5% per year before expenses, which are not the Funds’ actual returns. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Funds with other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of other funds.

 

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions on the purchase and sale of Fund shares with respect to the Funds. Therefore, the table below is useful in comparing the ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs could have been higher.

 

 

INNOVATOR ETFs TRUST

 

Expense Example

For the Period Ended October 31, 2023 (Unaudited) (Continued)

 

										Expenses Paid
		Beginning				Ending				During the
		Account Value				Account Value				Period
Innovator U.S. Equity Buffer ETF - January (NAV)		$	1,000.00			$	1,021.22			$	4.02		(a)
Innovator U.S. Equity Buffer ETF - February (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - March (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - April (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - May (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - June (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - July (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - August (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - September (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - October (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - November (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Buffer ETF - December (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - January (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - February (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - March (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - April (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - May (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - June (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - July (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - August (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - September (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - October (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - November (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Power Buffer ETF - December (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - January (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - February (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - March (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - April (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - May (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - June (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - July (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - August (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - September (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - October (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - November (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator U.S. Equity Ultra Buffer ETF - December (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator Premium Income 10 Barrier ETF - April (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator Premium Income 20 Barrier ETF - April (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator Premium Income 30 Barrier ETF - April (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator Premium Income 40 Barrier ETF - April (NAV)			1,000.00				1,021.22				4.02		(a)
Innovator Premium Income 10 Barrier ETF - July (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator Premium Income 20 Barrier ETF - July (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator Premium Income 30 Barrier ETF - July (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator Premium Income 40 Barrier ETF - July (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator Premium Income 10 Barrier ETF - October (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator Premium Income 20 Barrier ETF - October (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator Premium Income 30 Barrier ETF - October (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator Premium Income 40 Barrier ETF - October (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly (NAV)			1,000.00				1,021.73				3.52		(b)
Innovator U.S. Equity 10 Buffer ETF - Quarterly (NAV)			1,000.00				1,021.73				3.52		(b)
Innovator Premium Income 9 Buffer ETF - October (NAV)			1,000.00				1,021.22				4.02		(b)
Innovator Premium Income 15 Buffer ETF - October (NAV)			1,000.00				1,021.22				4.02		(b)

 

(a)	Expenses are equal to the Fund’s annualized expense ratio (0.79%), multiplied by the average account value over the period, multiplied by 184/365 (to reflect the six month period).

(b)	For comparative purposes only as the Fund was not in operation for the full six month period.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JANUARY

 

Schedule of Investments

October 31, 2023  

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.02% (a)(b)
CALL OPTIONS - 99.44%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $3.84			3,576			$	149,548,320			$	147,625,755
											147,625,755
PUT OPTIONS - 0.58%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $382.44			3,576				149,548,320				856,810
											856,810
TOTAL PURCHASED OPTIONS (Cost $144,374,993)											148,482,565
		Principal Amount
SHORT-TERM INVESTMENTS - 0.24%
Money Market Deposit Account - 0.24%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	351,726								351,726
TOTAL SHORT-TERM INVESTMENTS (Cost $351,726)											351,726
Total Investments (Cost $144,726,719) - 100.26%											148,834,291
Liabilities in Excess of Other Assets - (0.26)%											(373,964	)
TOTAL NET ASSETS - 100.00%										$	148,460,327

 

Asset Type		% of Net Assets
Purchased Options			100.02	%
Short Term Investments			0.24
Total Investments			100.26
Liabilities in Excess of Other Assets			(0.26	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JANUARY

 

Schedule of Options Written ^(a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		12/29/2023		$	478.31				3,576			$	(149,548,320	)		$	(25,711	)
																	(25,711	)
Put Options
SPDR S&P 500 ETF		12/29/2023			348.01				3,576				(149,548,320	)			(250,213	)
																	(250,213	)
Total Options Written (Premiums Received $7,667,569)																$	(275,924	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – FEBRUARY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.45% (a)(b)
CALL OPTIONS - 98.49%
SPDR S&P 500 ETF, Expires 1/31/2024, Strike Price $4.08			2,385			$	99,740,700			$	98,416,334
											98,416,334
PUT OPTIONS - 1.96%
SPDR S&P 500 ETF, Expires 1/31/2024, Strike Price $406.49			2,385				99,740,700				1,959,301
											1,959,301
TOTAL PURCHASED OPTIONS (Cost $100,806,196)											100,375,635
		Principal Amount
SHORT-TERM INVESTMENTS - 0.30%
Money Market Deposit Account - 0.30%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	298,635								298,635
TOTAL SHORT-TERM INVESTMENTS (Cost $298,635)											298,635
Total Investments (Cost $101,104,831) - 100.75%											100,674,270
Liabilities in Excess of Other Assets - (0.75)%											(745,281	)
TOTAL NET ASSETS - 100.00%										$	99,928,989

 

Asset Type		% of Net Assets
Purchased Options			100.45	%
Short Term Investments			0.30
Total Investments			100.75
Liabilities in Excess of Other Assets			(0.75	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – FEBRUARY

 

Schedule of Options Written ^(a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		1/31/2024		$	485.66				2,385			$	(99,740,700	)		$	(36,896	)
																	(36,896	)
Put Options
SPDR S&P 500 ETF		1/31/2024			369.90				2,385				(99,740,700	)			(644,594	)
																	(644,594	)
Total Options Written (Premiums Received $4,263,961)																$	(681,490	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – MARCH

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.64% (a)(b)
CALL OPTIONS - 98.86%
SPDR S&P 500 ETF, Expires 2/29/2024, Strike Price $3.97			2,096			$	87,654,720			$	86,538,201
											86,538,201
PUT OPTIONS - 1.78%
SPDR S&P 500 ETF, Expires 2/29/2024, Strike Price $396.27			2,096				87,654,720				1,561,709
											1,561,709
TOTAL PURCHASED OPTIONS (Cost $86,184,810)											88,099,910
		Principal Amount
SHORT-TERM INVESTMENTS - 0.26%
Money Market Deposit Account - 0.26%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	223,245								223,245
TOTAL SHORT-TERM INVESTMENTS (Cost $223,245)											223,245
Total Investments (Cost $86,408,055) - 100.90%											88,323,155
Liabilities in Excess of Other Assets - (0.90)%											(787,271	)
TOTAL NET ASSETS - 100.00%										$	87,535,884

 

Asset Type		% of Net Assets
Purchased Options			100.64	%
Short Term Investments			0.26
Total Investments			100.90
Liabilities in Excess of Other Assets			(0.90	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – MARCH

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		2/29/2024		$	480.47				2,096			$	(87,654,720	)		$	(104,989	)
																	(104,989	)
Put Options
SPDR S&P 500 ETF		2/29/2024			360.60				2,096				(87,654,720	)			(623,601	)
																	(623,601	)
Total Options Written (Premiums Received $3,844,013)																$	(728,590	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – APRIL

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 101.17% (a)(b)
CALL OPTIONS - 98.24%
SPDR S&P 500 ETF, Expires 3/28/2024, Strike Price $4.11			3,617			$	151,262,940			$	148,760,337
											148,760,337
PUT OPTIONS - 2.93%
SPDR S&P 500 ETF, Expires 3/28/2024, Strike Price $409.40			3,617				151,262,940				4,436,974
											4,436,974
TOTAL PURCHASED OPTIONS (Cost $153,666,851)											153,197,311
		Principal Amount
SHORT-TERM INVESTMENTS - 0.25%
Money Market Deposit Account - 0.25%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	382,738								382,738
TOTAL SHORT-TERM INVESTMENTS (Cost $382,738)											382,738
Total Investments (Cost $154,049,589) - 101.42%											153,580,049
Liabilities in Excess of Other Assets - (1.42)%											(2,147,356	)
TOTAL NET ASSETS - 100.00%										$	151,432,693

 

Asset Type		% of Net Assets
Purchased Options			101.17	%
Short Term Investments			0.25
Total Investments			101.42
Liabilities in Excess of Other Assets			(1.42	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – APRIL

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		3/28/2024		$	491.84				3,617			$	(151,262,940	)		$	(155,821	)
																	(155,821	)
Put Options
SPDR S&P 500 ETF		3/28/2024			372.54				3,617				(151,262,940	)			(1,890,967	)
																	(1,890,967	)
Total Options Written (Premiums Received $7,058,998)																$	(2,046,788	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – MAY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 101.62% (a)(b)
CALL OPTIONS - 97.94%
SPDR S&P 500 ETF, Expires 4/30/2024, Strike Price $4.17			2,642			$	110,488,440			$	108,648,843
											108,648,843
PUT OPTIONS - 3.68%
SPDR S&P 500 ETF, Expires 4/30/2024, Strike Price $415.94			2,642				110,488,440				4,083,633
											4,083,633
TOTAL PURCHASED OPTIONS (Cost $113,920,900)											112,732,476
		Principal Amount
SHORT-TERM INVESTMENTS - 0.29%
Money Market Deposit Account - 0.29%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	321,370								321,370
TOTAL SHORT-TERM INVESTMENTS (Cost $321,370)											321,370
Total Investments (Cost $114,242,270) - 101.91%											113,053,846
Liabilities in Excess of Other Assets - (1.91)%											(2,114,189	)
TOTAL NET ASSETS - 100.00%										$	110,939,657

 

Asset Type		% of Net Assets
Purchased Options			101.62	%
Short Term Investments			0.29
Total Investments			101.91
Liabilities in Excess of Other Assets			(1.91	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – MAY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		4/30/2024		$	496.87				2,642			$	(110,488,440	)		$	(163,249	)
																	(163,249	)
Put Options
SPDR S&P 500 ETF		4/30/2024			378.50				2,642				(110,488,440	)			(1,870,114	)
																	(1,870,114	)
Total Options Written (Premiums Received $5,068,740)																$	(2,033,363	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JUNE

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 101.98% (a)(b)
CALL OPTIONS - 97.91%
SPDR S&P 500 ETF, Expires 5/31/2024, Strike Price $4.19			2,405			$	100,577,100			$	98,915,413
											98,915,413
PUT OPTIONS - 4.07%
SPDR S&P 500 ETF, Expires 5/31/2024, Strike Price $417.86			2,405				100,577,100				4,112,310
											4,112,310
TOTAL PURCHASED OPTIONS (Cost $104,256,768)											103,027,723
		Principal Amount
SHORT-TERM INVESTMENTS - 0.26%
Money Market Deposit Account - 0.26%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	259,779								259,779
TOTAL SHORT-TERM INVESTMENTS (Cost $259,779)											259,779
Total Investments (Cost $104,516,547) - 102.24%											103,287,502
Liabilities in Excess of Other Assets - (2.24)%											(2,256,695	)
TOTAL NET ASSETS - 100.00%										$	101,030,807

 

Asset Type		% of Net Assets
Purchased Options			101.98	%
Short Term Investments			0.26
Total Investments			102.24
Liabilities in Excess of Other Assets			(2.24	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JUNE

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		5/31/2024		$	501.13				2,405			$	(100,577,100	)		$	(197,571	)
																	(197,571	)
Put Options
SPDR S&P 500 ETF		5/31/2024			380.24				2,405				(100,577,100	)			(1,989,993	)
																	(1,989,993	)
Total Options Written (Premiums Received $4,135,330)																$	(2,187,564	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JULY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 103.27% (a)(b)
CALL OPTIONS - 96.49%
SPDR S&P 500 ETF, Expires 6/28/2024, Strike Price $4.45			8,057			$	336,943,740			$	329,636,041
											329,636,041
PUT OPTIONS - 6.78%
SPDR S&P 500 ETF, Expires 6/28/2024, Strike Price $443.29			8,057				336,943,740				23,139,704
											23,139,704
TOTAL PURCHASED OPTIONS (Cost $365,238,419)											352,775,745
		Principal Amount
SHORT-TERM INVESTMENTS - 0.29%
Money Market Deposit Account - 0.29%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	982,112								982,112
TOTAL SHORT-TERM INVESTMENTS (Cost $982,112)											982,112
Total Investments (Cost $366,220,531) - 103.56%											353,757,857
Liabilities in Excess of Other Assets - (3.56)%											(12,142,607	)
TOTAL NET ASSETS - 100.00%										$	341,615,250

 

Asset Type		% of Net Assets
Purchased Options			103.27	%
Short Term Investments			0.29
Total Investments			103.56
Liabilities in Excess of Other Assets			(3.56	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – JULY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		6/28/2024		$	528.61				8,057			$	(336,943,740	)		$	(241,710	)
																	(241,710	)
Put Options
SPDR S&P 500 ETF		6/28/2024			403.38				8,057				(336,943,740	)			(11,674,593	)
																	(11,674,593	)
Total Options Written (Premiums Received $11,205,712)																$	(11,916,303	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – AUGUST

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 104.34% (a)(b)
CALL OPTIONS - 95.75%
SPDR S&P 500 ETF, Expires 7/31/2024, Strike Price $4.59			4,260			$	178,153,200			$	174,303,609
											174,303,609
PUT OPTIONS - 8.59%
SPDR S&P 500 ETF, Expires 7/31/2024, Strike Price $457.80			4,260				178,153,200				15,639,481
											15,639,481
TOTAL PURCHASED OPTIONS (Cost $198,536,835)											189,943,090
		Principal Amount
SHORT-TERM INVESTMENTS - 0.27%
Money Market Deposit Account - 0.27%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	493,584								493,584
TOTAL SHORT-TERM INVESTMENTS (Cost $493,584)											493,584
Total Investments (Cost $199,030,419) - 104.61%											190,436,674
Liabilities in Excess of Other Assets - (4.61)%											(8,399,510	)
TOTAL NET ASSETS - 100.00%										$	182,037,164

 

Asset Type		% of Net Assets
Purchased Options			104.34	%
Short Term Investments			0.27
Total Investments			104.61
Liabilities in Excess of Other Assets			(4.61	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – AUGUST

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		7/31/2024		$	550.95				4,260			$	(178,153,200	)		$	(109,184	)
																	(109,184	)
Put Options
SPDR S&P 500 ETF		7/31/2024			416.59				4,260				(178,153,200	)			(8,167,698	)
																	(8,167,698	)
Total Options Written (Premiums Received $6,459,837)																$	(8,276,882	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – SEPTEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 104.09% (a)(b)
CALL OPTIONS - 96.32%
SPDR S&P 500 ETF, Expires 8/30/2024, Strike Price $4.52			4,190			$	175,225,800			$	171,544,047
											171,544,047
PUT OPTIONS - 7.77%
SPDR S&P 500 ETF, Expires 8/30/2024, Strike Price $450.36			4,190				175,225,800				13,843,090
											13,843,090
TOTAL PURCHASED OPTIONS (Cost $192,443,157)											185,387,137
		Principal Amount
SHORT-TERM INVESTMENTS - 0.32%
Money Market Deposit Account - 0.32%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	573,434								573,434
TOTAL SHORT-TERM INVESTMENTS (Cost $573,434)											573,434
Total Investments (Cost $193,016,591) - 104.41%											185,960,571
Liabilities in Excess of Other Assets - (4.41)%											(7,851,909	)
TOTAL NET ASSETS - 100.00%										$	178,108,662

 

Asset Type		% of Net Assets
Purchased Options			104.09	%
Short Term Investments			0.32
Total Investments			104.41
Liabilities in Excess of Other Assets			(4.41	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – SEPTEMBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		8/30/2024		$	539.38				4,190			$	(175,225,800	)		$	(227,559	)
																	(227,559	)
Put Options
SPDR S&P 500 ETF		8/30/2024			409.82				4,190				(175,225,800	)			(7,508,019	)
																	(7,508,019	)
Total Options Written (Premiums Received $6,409,612)																$	(7,735,578	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – OCTOBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 103.57% (a)(b)
CALL OPTIONS - 97.62%
SPDR S&P 500 ETF, Expires 9/30/2024, Strike Price $4.29			4,097			$	171,336,540			$	167,148,914
											167,148,914
PUT OPTIONS - 5.95%
SPDR S&P 500 ETF, Expires 9/30/2024, Strike Price $427.49			4,097				171,336,540				10,191,329
											10,191,329
TOTAL PURCHASED OPTIONS (Cost $180,101,052)											177,340,243
		Principal Amount
SHORT-TERM INVESTMENTS - 0.27%
Money Market Deposit Account - 0.27%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	469,884								469,884
TOTAL SHORT-TERM INVESTMENTS (Cost $469,884)											469,884
Total Investments (Cost $180,570,936) - 103.84%											177,810,127
Liabilities in Excess of Other Assets - (3.84)%											(6,580,094	)
TOTAL NET ASSETS - 100.00%										$	171,230,033

 

Asset Type		% of Net Assets
Purchased Options			103.57	%
Short Term Investments			0.27
Total Investments			103.84
Liabilities in Excess of Other Assets			(3.84	)
Net Assets			100.00	%

      

Percentages are stated as a percent of net assets.    

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – OCTOBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		9/30/2024		$	514.34				4,097			$	(171,336,540	)		$	(741,680	)
																	(741,680	)
Put Options
SPDR S&P 500 ETF		9/30/2024			389.01				4,097				(171,336,540	)			(5,730,146	)
																	(5,730,146	)
Total Options Written (Premiums Received $6,814,783)																$	(6,471,826	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – NOVEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 103.93% (a)(b)
CALL OPTIONS - 98.33%
SPDR S&P 500 ETF, Expires 10/31/2024, Strike Price $4.19			2,023			$	84,601,860			$	82,520,193
											82,520,193
PUT OPTIONS - 5.60%
SPDR S&P 500 ETF, Expires 10/31/2024, Strike Price $418.21			2,023				84,601,860				4,701,452
											4,701,452
TOTAL PURCHASED OPTIONS (Cost $87,230,301)											87,221,645
		Principal Amount
SHORT-TERM INVESTMENTS - 0.22%
Money Market Deposit Account - 0.22%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	184,270								184,270
TOTAL SHORT-TERM INVESTMENTS (Cost $184,270)											184,270
Total Investments (Cost $87,414,571) - 104.15%											87,405,915
Liabilities in Excess of Other Assets - (4.15)%											(3,481,852	)
TOTAL NET ASSETS - 100.00%										$	83,924,063

 

Asset Type		% of Net Assets
Purchased Options			103.93	%
Short Term Investments			0.22
Total Investments			104.15
Liabilities in Excess of Other Assets			(4.15	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – NOVEMBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		10/31/2024		$	504.22				2,023			$	(84,601,860	)		$	(809,200	)
																	(809,200	)
Put Options
SPDR S&P 500 ETF		10/31/2024			380.56				2,023				(84,601,860	)			(2,676,429	)
																	(2,676,429	)
Total Options Written (Premiums Received $3,476,946)																$	(3,485,629	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – DECEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 99.92% (a)(b)
CALL OPTIONS - 99.04%
SPDR S&P 500 ETF, Expires 11/30/2023, Strike Price $4.09			2,293			$	95,893,260			$	95,006,534
											95,006,534
PUT OPTIONS - 0.88%
SPDR S&P 500 ETF, Expires 11/30/2023, Strike Price $407.69			2,293				95,893,260				846,621
											846,621
TOTAL PURCHASED OPTIONS (Cost $97,672,080)											95,853,155
		Principal Amount
SHORT-TERM INVESTMENTS - 0.27%
Money Market Deposit Account - 0.27%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	255,040								255,040
TOTAL SHORT-TERM INVESTMENTS (Cost $255,040)											255,040
Total Investments (Cost $97,927,120) - 100.19%											96,108,195
Liabilities in Excess of Other Assets - (0.19)%											(178,446	)
TOTAL NET ASSETS - 100.00%										$	95,929,749

 

Asset Type		% of Net Assets
Purchased Options			99.92	%
Short Term Investments			0.27
Total Investments			100.19
Liabilities in Excess of Other Assets			(0.19	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY BUFFER ETF – DECEMBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		11/30/2023		$	509.60				2,293			$	(95,893,260	)		$	(1,605	)
																	(1,605	)
Put Options
SPDR S&P 500 ETF		11/30/2023			370.99				2,293				(95,893,260	)			(112,587	)
																	(112,587	)
Total Options Written (Premiums Received $5,536,138)																$	(114,192	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JANUARY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.04% (a)(b)
CALL OPTIONS - 99.46%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $3.82			13,719			$	573,728,580			$	566,380,135
											566,380,135
PUT OPTIONS - 0.58%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $382.43			13,719				573,728,580				3,285,837
											3,285,837
TOTAL PURCHASED OPTIONS (Cost $551,920,994)											569,665,972
		Principal Amount
SHORT-TERM INVESTMENTS - 0.26%
Money Market Deposit Account - 0.26%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	1,500,104								1,500,104
TOTAL SHORT-TERM INVESTMENTS (Cost $1,500,104)											1,500,104
Total Investments (Cost $553,421,098) - 100.30%											571,166,076
Liabilities in Excess of Other Assets - (0.30)%											(1,700,760	)
TOTAL NET ASSETS - 100.00%										$	569,465,316

 

Asset Type		% of Net Assets
Purchased Options			100.04	%
Short Term Investments			0.26
Total Investments			100.30
Liabilities in Excess of Other Assets			(0.30	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JANUARY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		12/29/2023		$	454.48				13,719			$	(573,728,580	)		$	(747,411	)
																	(747,411	)
Put Options
SPDR S&P 500 ETF		12/29/2023			325.07				13,719				(573,728,580	)			(569,750	)
																	(569,750	)
Total Options Written (Premiums Received $30,429,099)																$	(1,317,161	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – FEBRUARY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.30% (a)(b)
CALL OPTIONS - 98.32%
SPDR S&P 500 ETF, Expires 1/31/2024, Strike Price $4.06			10,560			$	441,619,200			$	435,357,120
											435,357,120
PUT OPTIONS - 1.98%
SPDR S&P 500 ETF, Expires 1/31/2024, Strike Price $406.48			10,560				441,619,200				8,754,240
											8,754,240
TOTAL PURCHASED OPTIONS (Cost $447,217,850)											444,111,360
		Principal Amount
SHORT-TERM INVESTMENTS - 0.26%
Money Market Deposit Account - 0.26%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	1,164,944								1,164,944
TOTAL SHORT-TERM INVESTMENTS (Cost $1,164,944)											1,164,944
Total Investments (Cost $448,382,794) - 100.56%											445,276,304
Liabilities in Excess of Other Assets - (0.56)%											(2,474,751	)
TOTAL NET ASSETS - 100.00%										$	442,801,553

 

Asset Type		% of Net Assets
Purchased Options			100.30	%
Short Term Investments			0.26
Total Investments			100.56
Liabilities in Excess of Other Assets			(0.56	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – FEBRUARY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		1/31/2024		$	464.77				10,560			$	(441,619,200	)		$	(739,200	)
																	(739,200	)
Put Options
SPDR S&P 500 ETF		1/31/2024			345.51				10,560				(441,619,200	)			(1,478,400	)
																	(1,478,400	)
Total Options Written (Premiums Received $19,505,194)																$	(2,217,600	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – MARCH

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.77% (a)(b)
CALL OPTIONS - 98.98%
SPDR S&P 500 ETF, Expires 2/29/2024, Strike Price $3.96			9,048			$	378,387,360			$	373,576,448
											373,576,448
PUT OPTIONS - 1.79%
SPDR S&P 500 ETF, Expires 2/29/2024, Strike Price $396.26			9,048				378,387,360				6,739,765
											6,739,765
TOTAL PURCHASED OPTIONS (Cost $371,980,962)											380,316,213
		Principal Amount
SHORT-TERM INVESTMENTS - 0.26%
Money Market Deposit Account - 0.26%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	985,305								985,305
TOTAL SHORT-TERM INVESTMENTS (Cost $985,305)											985,305
Total Investments (Cost $372,966,267) - 101.03%											381,301,518
Liabilities in Excess of Other Assets - (1.03)%											(3,874,405	)
TOTAL NET ASSETS - 100.00%										$	377,427,113

 

Asset Type		% of Net Assets
Purchased Options			100.77	%
Short Term Investments			0.26
Total Investments			101.03
Liabilities in Excess of Other Assets			(1.03	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – MARCH

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		2/29/2024		$	459.54				9,048			$	(378,387,360	)		$	(2,074,073	)
																	(2,074,073	)
Put Options
SPDR S&P 500 ETF		2/29/2024			336.82				9,048				(378,387,360	)			(1,545,851	)
																	(1,545,851	)
Total Options Written (Premiums Received $16,584,451)																$	(3,619,924	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – APRIL

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.90% (a)(b)
CALL OPTIONS - 97.99%
SPDR S&P 500 ETF, Expires 3/28/2024, Strike Price $4.09			13,819			$	577,910,580			$	568,168,185
											568,168,185
PUT OPTIONS - 2.91%
SPDR S&P 500 ETF, Expires 3/28/2024, Strike Price $409.39			13,819				577,910,580				16,886,818
											16,886,818
TOTAL PURCHASED OPTIONS (Cost $587,193,583)											585,055,003
		Principal Amount
SHORT-TERM INVESTMENTS - 0.27%
Money Market Deposit Account - 0.27%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	1,578,793								1,578,793
TOTAL SHORT-TERM INVESTMENTS (Cost $1,578,793)											1,578,793
Total Investments (Cost $588,772,376) - 101.17%											586,633,796
Liabilities in Excess of Other Assets - (1.17)%											(6,829,751	)
TOTAL NET ASSETS - 100.00%										$	579,804,045

 

Asset Type		% of Net Assets
Purchased Options			100.90	%
Short Term Investments			0.27
Total Investments			101.17
Liabilities in Excess of Other Assets			(1.17	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – APRIL

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		3/28/2024		$	470.59				13,819			$	(577,910,580	)		$	(2,335,411	)
																	(2,335,411	)
Put Options
SPDR S&P 500 ETF		3/28/2024			347.98				13,819				(577,910,580	)			(4,145,700	)
																	(4,145,700	)
Total Options Written (Premiums Received $26,685,881)																$	(6,481,111	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – MAY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 101.29% (a)(b)
CALL OPTIONS - 97.62%
SPDR S&P 500 ETF, Expires 4/30/2024, Strike Price $4.16			10,897			$	455,712,540			$	448,135,638
											448,135,638
PUT OPTIONS - 3.67%
SPDR S&P 500 ETF, Expires 4/30/2024, Strike Price $415.93			10,897				455,712,540				16,839,570
											16,839,570
TOTAL PURCHASED OPTIONS (Cost $469,990,700)											464,975,208
		Principal Amount
SHORT-TERM INVESTMENTS - 0.27%
Money Market Deposit Account - 0.27%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	1,236,730								1,236,730
TOTAL SHORT-TERM INVESTMENTS (Cost $1,236,730)											1,236,730
Total Investments (Cost $471,227,430) - 101.56%											466,211,938
Liabilities in Excess of Other Assets - (1.56)%											(7,149,270	)
TOTAL NET ASSETS - 100.00%										$	459,062,668

 

Asset Type		% of Net Assets
Purchased Options			101.29	%
Short Term Investments			0.27
Total Investments			101.56
Liabilities in Excess of Other Assets			(1.56	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – MAY

 

Schedule of Options Written ^(a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		4/30/2024		$	476.32				10,897			$	(455,712,540	)		$	(2,244,673	)
																	(2,244,673	)
Put Options
SPDR S&P 500 ETF		4/30/2024			353.54				10,897				(455,712,540	)			(4,585,131	)
																	(4,585,131	)
Total Options Written (Premiums Received $20,810,246)																$	(6,829,804	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JUNE

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 101.64% (a)(b)
CALL OPTIONS - 97.58%
SPDR S&P 500 ETF, Expires 5/31/2024, Strike Price $4.18			12,370			$	517,313,400			$	508,778,471
											508,778,471
PUT OPTIONS - 4.06%
SPDR S&P 500 ETF, Expires 5/31/2024, Strike Price $417.85			12,370				517,313,400				21,147,505
											21,147,505
TOTAL PURCHASED OPTIONS (Cost $536,737,707)											529,925,976
		Principal Amount
SHORT-TERM INVESTMENTS - 0.27%
Money Market Deposit Account - 0.27%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	1,411,836								1,411,836
TOTAL SHORT-TERM INVESTMENTS (Cost $1,411,836)											1,411,836
Total Investments (Cost $538,149,543) - 101.91%											531,337,812
Liabilities in Excess of Other Assets - (1.91)%											(9,939,842	)
TOTAL NET ASSETS - 100.00%										$	521,397,970

 

Asset Type		% of Net Assets
Purchased Options			101.64	%
Short Term Investments			0.27
Total Investments			101.91
Liabilities in Excess of Other Assets			(1.91	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JUNE

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		5/31/2024		$	479.82				12,370			$	(517,313,400	)		$	(3,285,225	)
																	(3,285,225	)
Put Options
SPDR S&P 500 ETF		5/31/2024			355.17				12,370				(517,313,400	)			(6,302,886	)
																	(6,302,886	)
Total Options Written (Premiums Received $21,602,189)																$	(9,588,111	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JULY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 102.06% (a)(b)
CALL OPTIONS - 95.35%
SPDR S&P 500 ETF, Expires 6/28/2024, Strike Price $4.43			23,288			$	973,904,160			$	952,944,961
											952,944,961
PUT OPTIONS - 6.71%
SPDR S&P 500 ETF, Expires 6/28/2024, Strike Price $443.28			23,288				973,904,160				67,046,152
											67,046,152
TOTAL PURCHASED OPTIONS (Cost $1,057,526,359)											1,019,991,113
		Principal Amount
SHORT-TERM INVESTMENTS - 0.28%
Money Market Deposit Account - 0.28%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	2,825,477								2,825,477
TOTAL SHORT-TERM INVESTMENTS (Cost $2,825,477)											2,825,477
Total Investments (Cost $1,060,351,836) - 102.34%											1,022,816,590
Liabilities in Excess of Other Assets - (2.34)%											(23,442,872	)
TOTAL NET ASSETS - 100.00%										$	999,373,718

 

Asset Type		% of Net Assets
Purchased Options			102.06	%
Short Term Investments			0.28
Total Investments			102.34
Liabilities in Excess of Other Assets			(2.34	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – JULY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		6/28/2024		$	506.62				23,288			$	(973,904,160	)		$	(1,932,904	)
																	(1,932,904	)
Put Options
SPDR S&P 500 ETF		6/28/2024			376.79				23,288				(973,904,160	)			(20,889,336	)
																	(20,889,336	)
Total Options Written (Premiums Received $33,732,265)																$	(22,822,240	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – AUGUST

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 102.70% (a)(b)
CALL OPTIONS - 94.21%
SPDR S&P 500 ETF, Expires 7/31/2024, Strike Price $4.58			20,409			$	853,504,380			$	834,932,190
											834,932,190
PUT OPTIONS - 8.49%
SPDR S&P 500 ETF, Expires 7/31/2024, Strike Price $457.79			20,409				853,504,380				75,247,983
											75,247,983
TOTAL PURCHASED OPTIONS (Cost $951,882,412)											910,180,173
		Principal Amount
SHORT-TERM INVESTMENTS - 0.28%
Money Market Deposit Account - 0.28%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	2,511,653								2,511,653
TOTAL SHORT-TERM INVESTMENTS (Cost $2,511,653)											2,511,653
Total Investments (Cost $954,394,065) - 102.98%											912,691,826
Liabilities in Excess of Other Assets - (2.98)%											(26,410,729	)
TOTAL NET ASSETS - 100.00%										$	886,281,097

 

Asset Type		% of Net Assets
Purchased Options			102.70	%
Short Term Investments			0.28
Total Investments			102.98
Liabilities in Excess of Other Assets			(2.98	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – AUGUST

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		7/31/2024		$	527.51				20,409			$	(853,504,380	)		$	(1,000,041	)
																	(1,000,041	)
Put Options
SPDR S&P 500 ETF		7/31/2024			389.12				20,409				(853,504,380	)			(24,858,162	)
																	(24,858,162	)
Total Options Written (Premiums Received $29,941,024)																$	(25,858,203	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – SEPTEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 102.74% (a)(b)
CALL OPTIONS - 95.07%
SPDR S&P 500 ETF, Expires 8/30/2024, Strike Price $4.50			16,050			$	671,211,000			$	657,138,360
											657,138,360
PUT OPTIONS - 7.67%
SPDR S&P 500 ETF, Expires 8/30/2024, Strike Price $450.35			16,050				671,211,000				53,018,928
											53,018,928
TOTAL PURCHASED OPTIONS (Cost $738,659,339)											710,157,288
		Principal Amount
SHORT-TERM INVESTMENTS - 0.30%
Money Market Deposit Account - 0.30%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	2,103,088								2,103,088
TOTAL SHORT-TERM INVESTMENTS (Cost $2,103,088)											2,103,088
Total Investments (Cost $740,762,427) - 103.04%											712,260,376
Liabilities in Excess of Other Assets - (3.04)%											(21,018,113	)
TOTAL NET ASSETS - 100.00%										$	691,242,263

 

Asset Type		% of Net Assets
Purchased Options			102.74	%
Short Term Investments			0.30
Total Investments			103.04
Liabilities in Excess of Other Assets			(3.04	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – SEPTEMBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		8/30/2024		$	517.77				16,050			$	(671,211,000	)		$	(1,954,569	)
																	(1,954,569	)
Put Options
SPDR S&P 500 ETF		8/30/2024			382.80				16,050				(671,211,000	)			(18,606,284	)
																	(18,606,284	)
Total Options Written (Premiums Received $24,442,725)																$	(20,560,853	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – OCTOBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 103.04% (a)(b)
CALL OPTIONS - 97.12%
SPDR S&P 500 ETF, Expires 9/30/2024, Strike Price $4.27			17,276			$	722,482,320			$	704,856,827
											704,856,827
PUT OPTIONS - 5.92%
SPDR S&P 500 ETF, Expires 9/30/2024, Strike Price $427.48			17,276				722,482,320				42,968,003
											42,968,003
TOTAL PURCHASED OPTIONS (Cost $758,701,845)											747,824,830
		Principal Amount
SHORT-TERM INVESTMENTS - 0.28%
Money Market Deposit Account - 0.28%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	2,066,438								2,066,438
TOTAL SHORT-TERM INVESTMENTS (Cost $2,066,438)											2,066,438
Total Investments (Cost $760,768,283) - 103.32%											749,891,268
Liabilities in Excess of Other Assets - (3.32)%											(24,137,555	)
TOTAL NET ASSETS - 100.00%										$	725,753,713

 

Asset Type		% of Net Assets
Purchased Options			103.04	%
Short Term Investments			0.28
Total Investments			103.32
Liabilities in Excess of Other Assets			(3.32	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – OCTOBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		9/30/2024		$	493.74				17,276			$	(722,482,320	)		$	(7,556,177	)
																	(7,556,177	)
Put Options
SPDR S&P 500 ETF		9/30/2024			363.36				17,276				(722,482,320	)			(16,203,506	)
																	(16,203,506	)
Total Options Written (Premiums Received $28,783,669)																$	(23,759,683	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – NOVEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 103.95% (a)(b)
CALL OPTIONS - 98.33%
SPDR S&P 500 ETF, Expires 10/31/2024, Strike Price $4.18			15,027			$	628,429,140			$	612,996,411
											612,996,411
PUT OPTIONS - 5.62%
SPDR S&P 500 ETF, Expires 10/31/2024, Strike Price $418.20			15,027				628,429,140				35,012,910
											35,012,910
TOTAL PURCHASED OPTIONS (Cost $648,073,123)											648,009,321
		Principal Amount
SHORT-TERM INVESTMENTS - 0.26%
Money Market Deposit Account - 0.26%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	1,593,192								1,593,192
TOTAL SHORT-TERM INVESTMENTS (Cost $1,593,192)											1,593,192
Total Investments (Cost $649,666,315) - 104.21%											649,602,513
Liabilities in Excess of Other Assets - (4.21)%											(26,220,368	)
TOTAL NET ASSETS - 100.00%										$	623,382,145

 

Asset Type		% of Net Assets
Purchased Options			103.95	%
Short Term Investments			0.26
Total Investments			104.21
Liabilities in Excess of Other Assets			(4.21	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – NOVEMBER

 

Schedule of Options Written ^(a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		10/31/2024		$	484.19				15,027			$	(628,429,140	)		$	(12,322,140	)
																	(12,322,140	)
Put Options
SPDR S&P 500 ETF		10/31/2024			355.47				15,027				(628,429,140	)			(13,674,570	)
																	(13,674,570	)
Total Options Written (Premiums Received $25,932,700)																$	(25,996,710	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – DECEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 99.85% (a)(b)
CALL OPTIONS - 98.97%
SPDR S&P 500 ETF, Expires 11/30/2023, Strike Price $4.08			13,453			$	562,604,460			$	557,415,503
											557,415,503
PUT OPTIONS - 0.88%
SPDR S&P 500 ETF, Expires 11/30/2023, Strike Price $407.68			13,453				562,604,460				4,964,157
											4,964,157
TOTAL PURCHASED OPTIONS (Cost $572,833,572)											562,379,660
		Principal Amount
SHORT-TERM INVESTMENTS - 0.27%
Money Market Deposit Account - 0.27%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	1,536,793								1,536,793
TOTAL SHORT-TERM INVESTMENTS (Cost $1,536,793)											1,536,793
Total Investments (Cost $574,370,365) - 100.12%											563,916,453
Liabilities in Excess of Other Assets - (0.12)%											(705,614	)
TOTAL NET ASSETS - 100.00%										$	563,210,839

 

Asset Type		% of Net Assets
Purchased Options			99.85	%
Short Term Investments			0.27
Total Investments			100.12
Liabilities in Excess of Other Assets			(0.12	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY POWER BUFFER ETF – DECEMBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		11/30/2023		$	482.61				13,453			$	(562,604,460	)		$	(20,717	)
																	(20,717	)
Put Options
SPDR S&P 500 ETF		11/30/2023			346.53				13,453				(562,604,460	)			(301,617	)
																	(301,617	)
Total Options Written (Premiums Received $29,867,423)																$	(322,334	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – JANUARY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.23% (a)(b)
CALL OPTIONS - 99.95%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $3.81			2,805			$	117,305,100			$	115,805,406
											115,805,406
PUT OPTIONS - 0.28%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $363.31			2,805				117,305,100				321,481
											321,481
TOTAL PURCHASED OPTIONS (Cost $110,770,163)											116,126,887
		Principal Amount
SHORT-TERM INVESTMENTS - 0.23%
Money Market Deposit Account - 0.23%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	271,264								271,264
TOTAL SHORT-TERM INVESTMENTS (Cost $271,264)											271,264
Total Investments (Cost $111,041,427) - 100.46%											116,398,151
Liabilities in Excess of Other Assets - (0.46)%											(533,968	)
TOTAL NET ASSETS - 100.00%										$	115,864,183

 

Asset Type		% of Net Assets
Purchased Options			100.23	%
Short Term Investments			0.23
Total Investments			100.46
Liabilities in Excess of Other Assets			(0.46	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – JANUARY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		12/29/2023		$	445.15				2,805			$	(117,305,100	)		$	(428,239	)
																	(428,239	)
Put Options
SPDR S&P 500 ETF		12/29/2023			248.58				2,805				(117,305,100	)			(28,275	)
																	(28,275	)
Total Options Written (Premiums Received $4,546,087)																$	(456,514	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – FEBRUARY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.19% (a)(b)
CALL OPTIONS - 99.13%
SPDR S&P 500 ETF, Expires 1/31/2024, Strike Price $4.05			1,188			$	49,682,160			$	49,025,980
											49,025,980
PUT OPTIONS - 1.06%
SPDR S&P 500 ETF, Expires 1/31/2024, Strike Price $386.16			1,188				49,682,160				524,110
											524,110
TOTAL PURCHASED OPTIONS (Cost $49,503,286)											49,550,090
		Principal Amount
SHORT-TERM INVESTMENTS - 0.21%
Money Market Deposit Account - 0.21%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	103,444								103,444
TOTAL SHORT-TERM INVESTMENTS (Cost $103,444)											103,444
Total Investments (Cost $49,606,730) - 100.40%											49,653,534
Liabilities in Excess of Other Assets - (0.40)%											(195,441	)
TOTAL NET ASSETS - 100.00%										$	49,458,093

 

Asset Type		% of Net Assets
Purchased Options			100.19	%
Short Term Investments			0.21
Total Investments			100.40
Liabilities in Excess of Other Assets			(0.40	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – FEBRUARY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		1/31/2024		$	460.54				1,188			$	(49,682,160	)		$	(122,388	)
																	(122,388	)
Put Options
SPDR S&P 500 ETF		1/31/2024			264.21				1,188				(49,682,160	)			(38,966	)
																	(38,966	)
Total Options Written (Premiums Received $1,556,285)																$	(161,354	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – MARCH

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.71% (a)(b)
CALL OPTIONS - 99.64%
SPDR S&P 500 ETF, Expires 2/29/2024, Strike Price $3.95			1,086			$	45,416,520			$	44,802,930
											44,802,930
PUT OPTIONS - 1.07%
SPDR S&P 500 ETF, Expires 2/29/2024, Strike Price $376.45			1,086				45,416,520				482,184
											482,184
TOTAL PURCHASED OPTIONS (Cost $44,697,728)											45,285,114
		Principal Amount
SHORT-TERM INVESTMENTS - 0.18%
Money Market Deposit Account - 0.18%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	80,981								80,981
TOTAL SHORT-TERM INVESTMENTS (Cost $80,981)											80,981
Total Investments (Cost $44,778,709) - 100.89%											45,366,095
Liabilities in Excess of Other Assets - (0.89)%											(398,993	)
TOTAL NET ASSETS - 100.00%										$	44,967,102

 

Asset Type		% of Net Assets
Purchased Options			100.71	%
Short Term Investments			0.18
Total Investments			100.89
Liabilities in Excess of Other Assets			(0.89	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – MARCH

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		2/29/2024		$	454.43				1,086			$	(45,416,520	)		$	(358,380	)
																	(358,380	)
Put Options
SPDR S&P 500 ETF		2/29/2024			257.57				1,086				(45,416,520	)			(49,956	)
																	(49,956	)
Total Options Written (Premiums Received $1,355,195)																$	(408,336	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – APRIL

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.56% (a)(b)
CALL OPTIONS - 98.72%
SPDR S&P 500 ETF, Expires 3/28/2024, Strike Price $4.08			2,293			$	95,893,260			$	94,313,406
											94,313,406
PUT OPTIONS - 1.84%
SPDR S&P 500 ETF, Expires 3/28/2024, Strike Price $388.92			2,293				95,893,260				1,757,814
											1,757,814
TOTAL PURCHASED OPTIONS (Cost $96,303,565)											96,071,220
		Principal Amount
SHORT-TERM INVESTMENTS - 0.25%
Money Market Deposit Account - 0.25%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	240,111								240,111
TOTAL SHORT-TERM INVESTMENTS (Cost $240,111)											240,111
Total Investments (Cost $96,543,676) - 100.81%											96,311,331
Liabilities in Excess of Other Assets - (0.81)%											(778,218	)
TOTAL NET ASSETS - 100.00%										$	95,533,113

 

Asset Type		% of Net Assets
Purchased Options			100.56	%
Short Term Investments			0.25
Total Investments			100.81
Liabilities in Excess of Other Assets			(0.81	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – APRIL

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		3/28/2024		$	465.15				2,293			$	(95,893,260	)		$	(546,262	)
																	(546,262	)
Put Options
SPDR S&P 500 ETF		3/28/2024			266.10				2,293				(95,893,260	)			(167,618	)
																	(167,618	)
Total Options Written (Premiums Received $3,153,093)																$	(713,880	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – MAY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.75% (a)(b)
CALL OPTIONS - 98.35%
SPDR S&P 500 ETF, Expires 4/30/2024, Strike Price $4.15			1,471			$	61,517,220			$	60,495,816
											60,495,816
PUT OPTIONS - 2.40%
SPDR S&P 500 ETF, Expires 4/30/2024, Strike Price $395.13			1,471				61,517,220				1,478,296
											1,478,296
TOTAL PURCHASED OPTIONS (Cost $62,628,607)											61,974,112
		Principal Amount
SHORT-TERM INVESTMENTS - 0.26%
Money Market Deposit Account - 0.26%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	159,707								159,707
TOTAL SHORT-TERM INVESTMENTS (Cost $159,707)											159,707
Total Investments (Cost $62,788,314) - 101.01%											62,133,819
Liabilities in Excess of Other Assets - (1.01)%											(626,633	)
TOTAL NET ASSETS - 100.00%										$	61,507,186

 

Asset Type		% of Net Assets
Purchased Options			100.75	%
Short Term Investments			0.26
Total Investments			101.01
Liabilities in Excess of Other Assets			(1.01	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – MAY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		4/30/2024		$	470.42				1,471			$	(61,517,220	)		$	(430,738	)
																	(430,738	)
Put Options
SPDR S&P 500 ETF		4/30/2024			270.35				1,471				(61,517,220	)			(149,910	)
																	(149,910	)
Total Options Written (Premiums Received $1,932,903)																$	(580,648	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – JUNE

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 101.00% (a)(b)
CALL OPTIONS - 98.21%
SPDR S&P 500 ETF, Expires 5/31/2024, Strike Price $4.17			1,771			$	74,063,220			$	72,784,558
											72,784,558
PUT OPTIONS - 2.79%
SPDR S&P 500 ETF, Expires 5/31/2024, Strike Price $396.96			1,771				74,063,220				2,072,070
											2,072,070
TOTAL PURCHASED OPTIONS (Cost $75,727,436)											74,856,628
		Principal Amount
SHORT-TERM INVESTMENTS - 0.23%
Money Market Deposit Account - 0.23%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	172,803								172,803
TOTAL SHORT-TERM INVESTMENTS (Cost $172,803)											172,803
Total Investments (Cost $75,900,239) - 101.23%											75,029,431
Liabilities in Excess of Other Assets - (1.23)%											(917,595	)
TOTAL NET ASSETS - 100.00%										$	74,111,836

 

Asset Type		% of Net Assets
Purchased Options			101.00	%
Short Term Investments			0.23
Total Investments			101.23
Liabilities in Excess of Other Assets			(1.23	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – JUNE

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		5/31/2024		$	474.51				1,771			$	(74,063,220	)		$	(646,415	)
																	(646,415	)
Put Options
SPDR S&P 500 ETF		5/31/2024			271.60				1,771				(74,063,220	)			(232,001	)
																	(232,001	)
Total Options Written (Premiums Received $2,261,384)																$	(878,416	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – JULY

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.47% (a)(b)
CALL OPTIONS - 95.85%
SPDR S&P 500 ETF, Expires 6/28/2024, Strike Price $4.42			3,786			$	158,330,520			$	154,923,120
											154,923,120
PUT OPTIONS - 4.62%
SPDR S&P 500 ETF, Expires 6/28/2024, Strike Price $421.12			3,786				158,330,520				7,458,420
											7,458,420
TOTAL PURCHASED OPTIONS (Cost $170,165,965)											162,381,540
		Principal Amount
SHORT-TERM INVESTMENTS - 0.28%
Money Market Deposit Account - 0.28%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	450,069								450,069
TOTAL SHORT-TERM INVESTMENTS (Cost $450,069)											450,069
Total Investments (Cost $170,616,034) - 100.75%											162,831,609
Liabilities in Excess of Other Assets - (0.75)%											(1,207,688	)
TOTAL NET ASSETS - 100.00%										$	161,623,921

 

Asset Type		% of Net Assets
Purchased Options			100.47	%
Short Term Investments			0.28
Total Investments			100.75
Liabilities in Excess of Other Assets			(0.75	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – JULY

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		6/28/2024		$	504.90				3,786			$	(158,330,520	)		$	(348,312	)
																	(348,312	)
Put Options
SPDR S&P 500 ETF		6/28/2024			288.13				3,786				(158,330,520	)			(764,772	)
																	(764,772	)
Total Options Written (Premiums Received $3,685,855)																$	(1,113,084	)

 

(a)	Exchange-Traded.

 

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – AUGUST

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.52% (a)(b)
CALL OPTIONS - 94.60%
SPDR S&P 500 ETF, Expires 7/31/2024, Strike Price $4.56			7,939			$	332,008,980			$	325,316,403
											325,316,403
PUT OPTIONS - 5.92%
SPDR S&P 500 ETF, Expires 7/31/2024, Strike Price $434.90			7,939				332,008,980				20,363,535
											20,363,535
TOTAL PURCHASED OPTIONS (Cost $357,177,082)											345,679,938
		Principal Amount
SHORT-TERM INVESTMENTS - 0.28%
Money Market Deposit Account - 0.28%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	947,864								947,864
TOTAL SHORT-TERM INVESTMENTS (Cost $947,864)											947,864
Total Investments (Cost $358,124,946) - 100.80%											346,627,802
Liabilities in Excess of Other Assets - (0.80)%											(2,736,439	)
TOTAL NET ASSETS - 100.00%										$	343,891,363

 

Asset Type		% of Net Assets
Purchased Options			100.52	%
Short Term Investments			0.28
Total Investments			100.80
Liabilities in Excess of Other Assets			(0.80	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – AUGUST

 

Schedule of Options Written ^(a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		7/31/2024		$	525.82				7,939			$	(332,008,980	)		$	(460,462	)
																	(460,462	)
Put Options
SPDR S&P 500 ETF		7/31/2024			297.56				7,939				(332,008,980	)			(2,119,713	)
																	(2,119,713	)
Total Options Written (Premiums Received $4,860,036)																$	(2,580,175	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – SEPTEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.69% (a)(b)
CALL OPTIONS - 95.23%
SPDR S&P 500 ETF, Expires 8/30/2024, Strike Price $4.49			2,083			$	87,111,060			$	85,286,352
											85,286,352
PUT OPTIONS - 5.46%
SPDR S&P 500 ETF, Expires 8/30/2024, Strike Price $427.83			2,083				87,111,060				4,890,884
											4,890,884
TOTAL PURCHASED OPTIONS (Cost $94,382,508)											90,177,236
		Principal Amount
SHORT-TERM INVESTMENTS - 0.29%
Money Market Deposit Account - 0.29%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	259,454								259,454
TOTAL SHORT-TERM INVESTMENTS (Cost $259,454)											259,454
Total Investments (Cost $94,641,962) - 100.98%											90,436,690
Liabilities in Excess of Other Assets - (0.98)%											(880,216	)
TOTAL NET ASSETS - 100.00%										$	89,556,474

 

Asset Type		% of Net Assets
Purchased Options			100.69	%
Short Term Investments			0.29
Total Investments			100.98
Liabilities in Excess of Other Assets			(0.98	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – SEPTEMBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		8/30/2024		$	516.24				2,083			$	(87,111,060	)		$	(264,541	)
																	(264,541	)
Put Options
SPDR S&P 500 ETF		8/30/2024			292.73				2,083				(87,111,060	)			(587,406	)
																	(587,406	)
Total Options Written (Premiums Received $1,878,507)																$	(851,947	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – OCTOBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 101.54% (a)(b)
CALL OPTIONS - 97.18%
SPDR S&P 500 ETF, Expires 9/30/2024, Strike Price $4.26			2,460			$	102,877,200			$	100,377,840
											100,377,840
PUT OPTIONS - 4.36%
SPDR S&P 500 ETF, Expires 9/30/2024, Strike Price $406.11			2,460				102,877,200				4,501,800
											4,501,800
TOTAL PURCHASED OPTIONS (Cost $106,805,181)											104,879,640
		Principal Amount
SHORT-TERM INVESTMENTS - 0.26%
Money Market Deposit Account - 0.26%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	269,013								269,013
TOTAL SHORT-TERM INVESTMENTS (Cost $269,013)											269,013
Total Investments (Cost $107,074,194) - 101.80%											105,148,653
Liabilities in Excess of Other Assets - (1.80)%											(1,853,243	)
TOTAL NET ASSETS - 100.00%										$	103,295,410

 

Asset Type		% of Net Assets
Purchased Options			101.54	%
Short Term Investments			0.26
Total Investments			101.80
Liabilities in Excess of Other Assets			(1.80	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – OCTOBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		9/30/2024		$	491.73				2,460			$	(102,877,200	)		$	(1,188,180	)
																	(1,188,180	)
Put Options
SPDR S&P 500 ETF		9/30/2024			277.86				2,460				(102,877,200	)			(646,980	)
																	(646,980	)
Total Options Written (Premiums Received $2,678,535)																$	(1,835,160	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – NOVEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 102.52% (a)(b)
CALL OPTIONS - 98.34%
SPDR S&P 500 ETF, Expires 10/31/2024, Strike Price $4.17			733			$	30,654,060			$	29,902,002
											29,902,002
PUT OPTIONS - 4.18%
SPDR S&P 500 ETF, Expires 10/31/2024, Strike Price $397.29			733				30,654,060				1,269,556
											1,269,556
TOTAL PURCHASED OPTIONS (Cost $31,174,694)											31,171,558
		Principal Amount
SHORT-TERM INVESTMENTS - 0.21%
Money Market Deposit Account - 0.21%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	64,672								64,672
TOTAL SHORT-TERM INVESTMENTS (Cost $64,672)											64,672
Total Investments (Cost $31,239,366) - 102.73%											31,236,230
Liabilities in Excess of Other Assets - (2.73)%											(828,670	)
TOTAL NET ASSETS - 100.00%										$	30,407,560

 

Asset Type		% of Net Assets
Purchased Options			102.52	%
Short Term Investments			0.21
Total Investments			102.73
Liabilities in Excess of Other Assets			(2.73	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – NOVEMBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		10/31/2024		$	482.81				733			$	(30,654,060	)		$	(629,647	)
																	(629,647	)
Put Options
SPDR S&P 500 ETF		10/31/2024			271.83				733				(30,654,060	)			(200,109	)
																	(200,109	)
Total Options Written (Premiums Received $826,613)																$	(829,756	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – DECEMBER

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 99.85% (a)(b)
CALL OPTIONS - 99.58%
SPDR S&P 500 ETF, Expires 11/30/2023, Strike Price $4.06			1,674			$	70,006,680			$	69,364,333
											69,364,333
PUT OPTIONS - 0.27%
SPDR S&P 500 ETF, Expires 11/30/2023, Strike Price $387.30			1,674				70,006,680				188,208
											188,208
TOTAL PURCHASED OPTIONS (Cost $70,939,648)											69,552,541
		Principal Amount
SHORT-TERM INVESTMENTS - 0.23%
Money Market Deposit Account - 0.23%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	160,745								160,745
TOTAL SHORT-TERM INVESTMENTS (Cost $160,745)											160,745
Total Investments (Cost $71,100,393) - 100.08%											69,713,286
Liabilities in Excess of Other Assets - (0.08)%											(55,494	)
TOTAL NET ASSETS - 100.00%										$	69,657,792

 

Asset Type		% of Net Assets
Purchased Options			99.85	%
Short Term Investments			0.23
Total Investments			100.08
Liabilities in Excess of Other Assets			(0.08	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY ULTRA BUFFER ETF – DECEMBER

 

Schedule of Options Written ^(a) 

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		11/30/2023		$	471.69				1,674			$	(70,006,680	)		$	(4,202	)
																	(4,202	)
Put Options
SPDR S&P 500 ETF		11/30/2023			264.99				1,674				(70,006,680	)			(4,486	)
																	(4,486	)
Total Options Written (Premiums Received $1,592,131)																$	(8,688	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF – APRIL

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 10.58% (a)(b)
PUT OPTIONS - 10.58%
S&P 500 Index, Expires 3/28/2024, Strike Price $3,656.95			195			$	81,779,100			$	847,353
TOTAL PURCHASED OPTIONS (Cost $2,331,728)											847,353
		Principal Amount
SHORT-TERM INVESTMENTS - 102.27%
U.S. Treasury Bills - 102.12%
United States Treasury Bill, 0.91%, 12/28/2023 (c)		$	185,600								184,038
United States Treasury Bill, 1.80%, 3/21/2024 (c)(e)			8,164,100								7,994,027
											8,178,065
Money Market Deposit Account - 0.15%
U.S. Bank Money Market Deposit Account, 5.20% (d)			12,002								12,002
TOTAL SHORT-TERM INVESTMENTS (Cost $8,211,882)											8,190,067
Total Investments (Cost $10,543,610) - 112.85%											9,037,420
Liabilities in Excess of Other Assets - (12.85)%											(1,029,454	)
TOTAL NET ASSETS - 100.00%										$	8,007,966

 

Asset Type		% of Net Assets
Purchased Options			10.58	%
Short Term Investments			102.27
Total Investments			112.85
Liabilities in Excess of Other Assets			(12.85	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	Rate disclosed is the effective yield as of October 31, 2023.

(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

(e)	All or portion of the security is pledged as collateral in connection with options written short.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF – APRIL

 

Schedule of Options Written ^(a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		3/28/2024		$	3,698.04				208			$	(87,231,040	)		$	(992,270	)
S&P 500 Mini Index		3/28/2024			369.80				65				(2,725,970	)			(31,210	)
Total Options Written (Premiums Received $2,156,426)																$	(1,023,480	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF – APRIL

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 8.89% (a)(b)
PUT OPTIONS - 8.89%
S&P 500 Index, Expires 3/28/2024, Strike Price $3,246.05			1,286			$	539,322,680			$	2,362,138
TOTAL PURCHASED OPTIONS (Cost $9,117,969)											2,362,138
		Principal Amount
SHORT-TERM INVESTMENTS - 101.29%
U.S. Treasury Bills - 101.17%
United States Treasury Bill, 0.94%, 12/28/2023 (c)		$	523,300								518,896
United States Treasury Bill, 1.86%, 3/21/2024 (c)(e)			26,913,500								26,352,844
											26,871,740
Money Market Deposit Account - 0.12%
U.S. Bank Money Market Deposit Account, 5.20% (d)			32,674								32,674
TOTAL SHORT-TERM INVESTMENTS (Cost $26,988,601)											26,904,414
Total Investments (Cost $36,106,570) - 110.18%											29,266,552
Liabilities in Excess of Other Assets - (10.18)%											(2,703,329	)
TOTAL NET ASSETS - 100.00%										$	26,563,223

 

Asset Type		% of Net Assets
Purchased Options			8.89	%
Short Term Investments			101.29
Total Investments			110.18
Liabilities in Excess of Other Assets			(10.18	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	Rate disclosed is the effective yield as of October 31, 2023.

(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

(e)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF – APRIL

 

Schedule of Options Written ^(a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		3/28/2024		$	3,287.14				1,329			$	(557,356,020	)		$	(2,642,225	)
S&P 500 Mini Index		3/28/2024			328.71				213				(8,932,794	)			(43,260	)
Total Options Written (Premiums Received $8,774,464)																$	(2,685,485	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF – APRIL

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 6.57% (a)(b)
PUT OPTIONS - 6.57%
S&P 500 Index, Expires 3/28/2024, Strike Price $2,835.16			3,540			$	1,484,605,200			$	3,200,726
TOTAL PURCHASED OPTIONS (Cost $13,270,911)											3,200,726
		Principal Amount
SHORT-TERM INVESTMENTS - 100.73%
U.S. Treasury Bills - 100.53%
United States Treasury Bill, 0.96%, 12/28/2023 (c)		$	790,800								784,145
United States Treasury Bill, 1.89%, 3/21/2024 (c)(e)			49,255,800								48,229,714
											49,013,859
Money Market Deposit Account - 0.20%
U.S. Bank Money Market Deposit Account, 5.20% (d)			96,166								96,166
TOTAL SHORT-TERM INVESTMENTS (Cost $49,261,637)											49,110,025
Total Investments (Cost $62,532,548) - 107.30%											52,310,751
Liabilities in Excess of Other Assets - (7.30)%											(3,556,876	)
TOTAL NET ASSETS - 100.00%										$	48,753,875

 

Asset Type		% of Net Assets
Purchased Options			6.57	%
Short Term Investments			100.73
Total Investments			107.30
Liabilities in Excess of Other Assets			(7.30	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.

(b)	Purchased option contracts are held in connection with corresponding option contracts written short.

(c)	Rate disclosed is the effective yield as of October 31, 2023.

(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

(e)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF – APRIL

 

Schedule of Options Written ^(a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		3/28/2024		$	2,876.25				3,619			$	(1,517,736,220	)		$	(3,490,779	)
S&P 500 Mini Index		3/28/2024			287.63				390				(16,355,820	)			(37,865	)
Total Options Written (Premiums Received $12,804,267)																$	(3,528,644	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF – APRIL  

 

Schedule of Investments
October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 4.85% (a)(b)
PUT OPTIONS - 4.85%
S&P 500 Index, Expires 3/28/2024, Strike Price $2,424.27			3,228			$	1,353,758,640			$	1,611,353
TOTAL PURCHASED OPTIONS (Cost $7,471,799)											1,611,353
		Principal Amount
SHORT-TERM INVESTMENTS - 100.48%
U.S. Treasury Bills - 100.26%
United States Treasury Bill, 0.90%, 12/28/2023 (c)		$	455,500								451,667
United States Treasury Bill, 1.76%, 3/21/2024 (c)(e)			33,586,200								32,886,540
											33,338,207
Money Market Deposit Account - 0.22%
U.S. Bank Money Market Deposit Account, 5.20% (d)			73,873								73,873
TOTAL SHORT-TERM INVESTMENTS (Cost $33,533,254)											33,412,080
Total Investments (Cost $41,005,053) - 105.33%											35,023,433
Liabilities in Excess of Other Assets - (5.33)%											(1,771,258	)
TOTAL NET ASSETS - 100.00%										$	33,252,175

 

Asset Type		% of Net Assets
Purchased Options			4.85	%
Short Term Investments			100.48
Total Investments			105.33
Liabilities in Excess of Other Assets			(5.33	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF – APRIL  

 

Schedule of Options Written (a)
October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		3/28/2024		$	2,465.36				3,282			$	(1,376,405,160	)		$	(1,732,470	)
S&P 500 Mini Index		3/28/2024			246.54				267				(11,197,446	)			(14,252	)
Total Options Written (Premiums Received $6,397,843)																$	(1,746,722	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF – JULY  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 28.62% (a)(b)
PUT OPTIONS - 28.62%
S&P 500 Index, Expires 6/28/2024, Strike Price $3,960.64			112			$	46,970,560			$	1,388,270
TOTAL PURCHASED OPTIONS (Cost $1,146,373)											1,388,270
		Principal Amount
SHORT-TERM INVESTMENTS - 105.57%
U.S. Treasury Bills - 105.47%
United States Treasury Bill, 1.99%, 12/28/2023 (c)		$	102,700								101,836
United States Treasury Bill, 2.94%, 3/21/2024 (c)			102,900								100,756
United States Treasury Bill, 3.41%, 6/13/2024 (c)(e)			5,077,800								4,913,645
											5,116,237
Money Market Deposit Account - 0.10%
U.S. Bank Money Market Deposit Account, 5.20% (d)			4,672								4,672
TOTAL SHORT-TERM INVESTMENTS (Cost $5,122,701)											5,120,909
Total Investments (Cost $6,269,074) - 134.19%											6,509,179
Liabilities in Excess of Other Assets - (34.19)%											(1,658,484	)
TOTAL NET ASSETS - 100.00%										$	4,850,695

 

Asset Type		% of Net Assets
Purchased Options			28.62	%
Short Term Investments			105.57
Total Investments			134.19
Liabilities in Excess of Other Assets			(34.19	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF – JULY  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		6/28/2024		$	4,005.14				120			$	(50,325,600	)		$	(1,612,333	)
S&P 500 Mini Index		6/28/2024			400.52				32				(1,342,016	)			(43,011	)
Total Options Written (Premiums Received $1,342,282)																$	(1,655,344	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF – JULY  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 25.20% (a)(b)
PUT OPTIONS - 25.20%
S&P 500 Index, Expires 6/28/2024, Strike Price $3,515.63			1,146			$	480,609,480			$	6,343,293
TOTAL PURCHASED OPTIONS (Cost $6,159,252)											6,343,293
		Principal Amount
SHORT-TERM INVESTMENTS - 103.50%
U.S. Treasury Bills - 103.36%
United States Treasury Bill, 2.00%, 12/28/2023 (c)		$	463,400								459,500
United States Treasury Bill, 3.06%, 3/21/2024 (c)			464,300								454,628
United States Treasury Bill, 3.60%, 6/13/2024 (c)(e)			25,942,300								25,103,634
											26,017,762
Money Market Deposit Account - 0.14%
U.S. Bank Money Market Deposit Account, 5.20% (d)			35,174								35,174
TOTAL SHORT-TERM INVESTMENTS (Cost $26,062,819)											26,052,936
Total Investments (Cost $32,222,071) - 128.70%											32,396,229
Liabilities in Excess of Other Assets - (28.70)%											(7,224,400	)
TOTAL NET ASSETS - 100.00%										$	25,171,829

 

Asset Type		% of Net Assets
Purchased Options			25.20	%
Short Term Investments			103.50
Total Investments			128.70
Liabilities in Excess of Other Assets			(28.70	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF – JULY  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		6/28/2024		$	3,560.13				1,187			$	(497,804,060	)		$	(7,109,975	)
S&P 500 Mini Index		6/28/2024			356.02				163				(6,835,894	)			(97,564	)
Total Options Written (Premiums Received $6,741,251)																$	(7,207,539	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF – JULY  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 17.87% (a)(b)
PUT OPTIONS - 17.87%
S&P 500 Index, Expires 6/28/2024, Strike Price $3,070.61			1,929			$	808,984,020			$	5,091,383
TOTAL PURCHASED OPTIONS (Cost $5,881,752)											5,091,383
		Principal Amount
SHORT-TERM INVESTMENTS - 101.99%
U.S. Treasury Bills - 101.80%
United States Treasury Bill, 2.04%, 12/28/2023 (c)		$	451,600								447,800
United States Treasury Bill, 3.06%, 3/21/2024 (c)			452,500								443,074
United States Treasury Bill, 3.59%, 6/13/2024 (c)(e)			29,048,500								28,109,416
											29,000,290
Money Market Deposit Account - 0.19%
U.S. Bank Money Market Deposit Account, 5.20% (d)			54,348								54,348
TOTAL SHORT-TERM INVESTMENTS (Cost $29,067,315)											29,054,638
Total Investments (Cost $34,949,067) - 119.86%											34,146,021
Liabilities in Excess of Other Assets - (19.86)%											(5,658,585	)
TOTAL NET ASSETS - 100.00%										$	28,487,436

 

Asset Type		% of Net Assets
Purchased Options			17.87	%
Short Term Investments			101.99
Total Investments			119.86
Liabilities in Excess of Other Assets			(19.86	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF – JULY  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		6/28/2024		$	3,115.11				1,975			$	(828,275,500	)		$	(5,588,915	)
S&P 500 Mini Index		6/28/2024			311.51				183				(7,674,654	)			(51,851	)
Total Options Written (Premiums Received $6,201,617)																$	(5,640,766	)

 

(a)	Exchange-Traded.

   

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF – JULY  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 12.46% (a)(b)
PUT OPTIONS - 12.46%
S&P 500 Index, Expires 6/28/2024, Strike Price $2,625.59			728			$	305,308,640			$	1,005,397
TOTAL PURCHASED OPTIONS (Cost $1,158,054)											1,005,397
		Principal Amount
SHORT-TERM INVESTMENTS - 101.19%
U.S. Treasury Bills - 101.12%
United States Treasury Bill, 1.56%, 12/28/2023 (c)		$	112,800								111,851
United States Treasury Bill, 2.45%, 3/21/2024 (c)			113,000								110,646
United States Treasury Bill, 2.94%, 6/13/2024 (c)(e)			8,201,100								7,935,973
											8,158,470
Money Market Deposit Account - 0.07%
U.S. Bank Money Market Deposit Account, 5.20% (d)			5,408								5,408
TOTAL SHORT-TERM INVESTMENTS (Cost $8,166,540)											8,163,878
Total Investments (Cost $9,324,594) - 113.65%											9,169,275
Liabilities in Excess of Other Assets - (13.65)%											(1,100,995	)
TOTAL NET ASSETS - 100.00%										$	8,068,280

 

Asset Type		% of Net Assets
Purchased Options			12.46	%
Short Term Investments			101.19
Total Investments			113.65
Liabilities in Excess of Other Assets			(13.65	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

   

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF – JULY  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		6/28/2024		$	2,670.10				741			$	(310,760,580	)		$	(1,088,025	)
S&P 500 Mini Index		6/28/2024			267.01				52				(2,180,776	)			(7,634	)
Total Options Written (Premiums Received $1,260,367)																$	(1,095,659	)

 

(a)	Exchange-Traded.

   

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF – OCTOBER  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 29.00% (a)(b)
PUT OPTIONS - 29.00%
S&P 500 Index, Expires 9/30/2024, Strike Price $3,816.59			70			$	29,356,600			$	862,241
TOTAL PURCHASED OPTIONS (Cost $821,180)											862,241
		Principal Amount
SHORT-TERM INVESTMENTS - 105.14%
U.S. Treasury Bills - 105.02%
United States Treasury Bill, 2.95%, 12/28/2023 (c)		$	68,700								68,122
United States Treasury Bill, 3.55%, 3/21/2024 (c)			68,900								67,465
United States Treasury Bill, 3.66%, 6/13/2024 (c)			69,000								66,769
United States Treasury Bill, 3.78%, 10/3/2024 (c)(e)			3,068,700								2,920,041
											3,122,397
Money Market Deposit Account - 0.12%
U.S. Bank Money Market Deposit Account, 5.20% (d)			3,525								3,525
TOTAL SHORT-TERM INVESTMENTS (Cost $3,127,410)											3,125,922
Total Investments (Cost $3,948,590) - 134.14%											3,988,163
Liabilities in Excess of Other Assets - (34.14)%											(1,014,945	)
TOTAL NET ASSETS - 100.00%										$	2,973,218

 

Asset Type		% of Net Assets
Purchased Options			29.00	%
Short Term Investments			105.14
Total Investments			134.14
Liabilities in Excess of Other Assets			(34.14	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 10 BARRIER ETF – OCTOBER  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		9/30/2024		$	3,859.47				75			$	(31,453,500	)		$	(987,496	)
S&P 500 Mini Index		9/30/2024			385.95				20				(838,760	)			(26,366	)
Total Options Written (Premiums Received $958,411).																$	(1,013,862	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF – OCTOBER  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 29.64% (a)(b)
PUT OPTIONS - 29.64%
S&P 500 Index, Expires 9/30/2024, Strike Price $3,387.76			504			$	211,367,520			$	3,178,909
TOTAL PURCHASED OPTIONS (Cost $3,263,152)											3,178,909
		Principal Amount
SHORT-TERM INVESTMENTS - 103.66%
U.S. Treasury Bills - 103.54%
United States Treasury Bill, 3.28%, 12/28/2023 (c)		$	212,100								210,315
United States Treasury Bill, 3.98%, 3/21/2024 (c)			212,500								208,073
United States Treasury Bill, 4.12%, 6/13/2024 (c)			212,900								206,017
United States Treasury Bill, 4.23%, 10/3/2024 (c)(e)			11,012,200								10,478,729
											11,103,134
Money Market Deposit Account - 0.12%
U.S. Bank Money Market Deposit Account, 5.20% (d)			12,998								12,998
TOTAL SHORT-TERM INVESTMENTS (Cost $11,121,501)											11,116,132
Total Investments (Cost $14,384,653) - 133.30%											14,295,041
Liabilities in Excess of Other Assets - (33.30)%											(3,571,465	)
TOTAL NET ASSETS - 100.00%										$	10,723,576

 

Asset Type		% of Net Assets
Purchased Options			29.64	%
Short Term Investments			103.66
Total Investments			133.30
Liabilities in Excess of Other Assets			(33.30	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 20 BARRIER ETF – OCTOBER  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		9/30/2024		$	3,430.64				522			$	(218,916,360	)		$	(3,518,243	)
S&P 500 Mini Index		9/30/2024			343.06				72				(3,019,536	)			(48,565	)
Total Options Written (Premiums Received $3,625,366)																$	(3,566,808	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements. 

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF – OCTOBER  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 23.42% (a)(b)
PUT OPTIONS - 23.42%
S&P 500 Index, Expires 9/30/2024, Strike Price $2,958.93			966			$	405,121,080			$	3,213,351
TOTAL PURCHASED OPTIONS (Cost $3,402,329)											3,213,351
		Principal Amount
SHORT-TERM INVESTMENTS - 102.36%
U.S. Treasury Bills - 102.21%
United States Treasury Bill, 3.31%, 12/28/2023 (c)		$	229,400								227,470
United States Treasury Bill, 3.94%, 3/21/2024 (c)			229,900								225,111
United States Treasury Bill, 4.07%, 6/13/2024 (c)			230,400								222,952
United States Treasury Bill, 4.17%, 10/3/2024 (c)(e)			14,028,500								13,348,906
											14,024,439
Money Market Deposit Account - 0.15%
U.S. Bank Money Market Deposit Account, 5.20% (d)			20,381								20,381
TOTAL SHORT-TERM INVESTMENTS (Cost $14,051,691)											14,044,820
Total Investments (Cost $17,454,020) - 125.78%											17,258,171
Liabilities in Excess of Other Assets - (25.78)%											(3,537,911	)
TOTAL NET ASSETS - 100.00%										$	13,720,260

 

Asset Type		% of Net Assets
Purchased Options			23.42	%
Short Term Investments			102.36
Total Investments			125.78
Liabilities in Excess of Other Assets			(25.78	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 30 BARRIER ETF – OCTOBER  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		9/30/2024		$	3,001.81				989			$	(414,766,820	)		$	(3,499,497	)
S&P 500 Mini Index		9/30/2024			300.18				92				(3,858,296	)			(32,781	)
Total Options Written (Premiums Received $3,699,981)																$	(3,532,278	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF – OCTOBER  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 17.34% (a)(b)
PUT OPTIONS - 17.34%
S&P 500 Index, Expires 9/30/2024, Strike Price $2,530.10			616			$	258,338,080			$	1,137,524
TOTAL PURCHASED OPTIONS (Cost $1,252,034)											1,137,524
		Principal Amount
SHORT-TERM INVESTMENTS - 101.52%
U.S. Treasury Bills - 101.38%
United States Treasury Bill, 2.46%, 12/28/2023 (c)		$	95,400								94,597
United States Treasury Bill, 3.07%, 3/21/2024 (c)			95,600								93,608
United States Treasury Bill, 3.22%, 6/13/2024 (c)			95,800								92,703
United States Treasury Bill, 3.33%, 10/3/2024 (c)(e)			6,696,000								6,371,622
											6,652,530
Money Market Deposit Account - 0.14%
U.S. Bank Money Market Deposit Account, 5.20% (d)			9,057								9,057
TOTAL SHORT-TERM INVESTMENTS (Cost $6,664,203)											6,661,587
Total Investments (Cost $7,916,237) - 118.86%											7,799,111
Liabilities in Excess of Other Assets - (18.86)%											(1,237,462	)
TOTAL NET ASSETS - 100.00%										$	6,561,649

 

Asset Type		% of Net Assets
Purchased Options			17.34	%
Short Term Investments			101.52
Total Investments			118.86
Liabilities in Excess of Other Assets			(18.86	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	Rate disclosed is the effective yield as of October 31, 2023.
(d)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(e)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 40 BARRIER ETF – OCTOBER  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
S&P 500 Index		9/30/2024		$	2,572.98				627			$	(262,951,260	)		$	(1,225,327	)
S&P 500 Mini Index		9/30/2024			257.30				44				(1,845,272	)			(8,675	)
Total Options Written (Premiums Received $1,346,569)																$	(1,234,002	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY 5 TO 15 BUFFER ETF – QUARTERLY  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.30% (a)(b)
CALL OPTIONS - 98.83%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $1.04			300			$	12,546,000			$	12,467,937
											12,467,937
PUT OPTIONS - 1.47%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $406.11			300				12,546,000				184,848
											184,848
TOTAL PURCHASED OPTIONS (Cost $13,015,404)											12,652,785
		Principal Amount
SHORT-TERM INVESTMENTS - 0.10%
Money Market Deposit Account - 0.10%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	12,916								12,916
TOTAL SHORT-TERM INVESTMENTS (Cost $12,916)											12,916
Total Investments (Cost $13,028,320) - 100.40%											12,665,701
Liabilities in Excess of Other Assets - (0.40)%											(51,012	)
TOTAL NET ASSETS - 100.00%										$	12,614,689

 

Asset Type		% of Net Assets
Purchased Options			100.30	%
Short Term Investments			0.10
Total Investments			100.40
Liabilities in Excess of Other Assets			(0.40	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY 5 TO 15 BUFFER ETF – QUARTERLY  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		12/29/2023		$	456.55				300			$	(12,546,000	)		$	(13,029	)
																	(13,029	)
Put Options
SPDR S&P 500 ETF		12/29/2023			363.36				300				(12,546,000	)			(34,443	)
																	(34,443	)
Total Options Written (Premiums Received $137,690).																$	(47,472	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY 10 BUFFER ETF – QUARTERLY  

 

Schedule of Investments

October 31, 2023

 

		Contracts				Notional Amount				Value
PURCHASED OPTIONS - 100.93% (a)(b)
CALL OPTIONS - 97.65%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $1.06			585			$	24,464,700			$	24,311,319
											24,311,319
PUT OPTIONS - 3.28%
SPDR S&P 500 ETF, Expires 12/29/2023, Strike Price $427.47			585				24,464,700				816,695
											816,695
TOTAL PURCHASED OPTIONS (Cost $25,419,493)											25,128,014
		Principal Amount
SHORT-TERM INVESTMENTS - 0.13%
Money Market Deposit Account - 0.13%
U.S. Bank Money Market Deposit Account, 5.20% (c)		$	31,712								31,712
TOTAL SHORT-TERM INVESTMENTS (Cost $31,712)											31,712
Total Investments (Cost $25,451,205) - 101.06%											25,159,726
Liabilities in Excess of Other Assets - (1.06)%											(263,651	)
TOTAL NET ASSETS - 100.00%										$	24,896,075

 

Asset Type		% of Net Assets
Purchased Options			100.93	%
Short Term Investments			0.13
Total Investments			101.06
Liabilities in Excess of Other Assets			(1.06	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Exchange-Traded.
(b)	Purchased option contracts are held in connection with corresponding option contracts written short.
(c)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR U.S. EQUITY 10 BUFFER ETF – QUARTERLY  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Call Options
SPDR S&P 500 ETF		12/29/2023		$	443.77				585			$	(24,464,700	)		$	(103,165	)
																	(103,165	)
Put Options
SPDR S&P 500 ETF		12/29/2023			384.73				585				(24,464,700	)			(153,639	)
																	(153,639	)
Total Options Written (Premiums Received $509,202)																$	(256,804	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 9 BUFFER ETF – OCTOBER  

 

Schedule of Investments

October 31, 2023

 

		Principal Amount
SHORT-TERM INVESTMENTS - 103.99%
U.S. Treasury Bills - 103.21%
United States Treasury Bill, 2.42%, 11/30/2023 (a)		$	15,200			$	15,136
United States Treasury Bill, 2.98%, 12/28/2023 (a)			15,200				15,072
United States Treasury Bill, 3.26%, 1/25/2024 (a)			15,200				15,010
United States Treasury Bill, 3.46%, 2/29/2024 (a)			15,200				14,931
United States Treasury Bill, 3.55%, 3/21/2024 (a)			15,200				14,883
United States Treasury Bill, 3.60%, 4/18/2024 (a)			15,200				14,820
United States Treasury Bill, 3.64%, 5/16/2024 (a)			15,200				14,764
United States Treasury Bill, 3.67%, 6/13/2024 (a)			15,300				14,805
United States Treasury Bill, 3.69%, 7/11/2024 (a)			15,300				14,745
United States Treasury Bill, 3.75%, 8/8/2024 (a)			15,300				14,680
United States Treasury Bill, 3.78%, 10/3/2024 (a)(c)			2,406,800				2,290,207
							2,439,053
Money Market Deposit Account - 0.78%
U.S. Bank Money Market Deposit Account, 5.20% (b)			18,319				18,319
TOTAL SHORT-TERM INVESTMENTS (Cost $2,458,037)							2,457,372
Total Investments (Cost $2,458,037) - 103.99%							2,457,372
Liabilities in Excess of Other Assets - (3.99)%							(94,284	)
TOTAL NET ASSETS - 100.00%						$	2,363,088

 

Asset Type		% of Net Assets
Short Term Investments			103.99	%
Total Investments			103.99
Liabilities in Excess of Other Assets			(3.99	)
Net Assets			100.00	%

 

Percentages are stated as a percent of net assets.

 

(a)	Rate disclosed is the effective yield as of October 31, 2023.
(b)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(c)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 9 BUFFER ETF – OCTOBER  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
SPDR S&P 500 ETF		9/30/2024		$	388.98				56			$	(2,341,920	)		$	(78,286	)
Total Options Written (Premiums Received $75,703)																$	(78,286	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 15 BUFFER ETF – OCTOBER  

 

Schedule of Investments

October 31, 2023

 

		Principal Amount
SHORT-TERM INVESTMENTS - 102.76%
U.S. Treasury Bills - 102.11%
United States Treasury Bill, 2.83%, 11/30/2023 (a)		$	39,900			$	39,730
United States Treasury Bill, 3.45%, 12/28/2023 (a)			39,900				39,564
United States Treasury Bill, 3.76%, 1/25/2024 (a)			39,900				39,401
United States Treasury Bill, 3.99%, 2/29/2024 (a)			39,900				39,194
United States Treasury Bill, 4.09%, 3/21/2024 (a)			40,000				39,167
United States Treasury Bill, 4.14%, 4/18/2024 (a)			40,000				39,001
United States Treasury Bill, 4.18%, 5/16/2024 (a)			40,000				38,852
United States Treasury Bill, 4.21%, 6/13/2024 (a)			40,000				38,707
United States Treasury Bill, 4.24%, 7/11/2024 (a)			40,100				38,646
United States Treasury Bill, 4.29%, 8/8/2024 (a)			40,100				38,476
United States Treasury Bill, 4.33%, 10/3/2024 (a)(c)			7,210,900				6,861,577
							7,252,315
Money Market Deposit Account - 0.65%
U.S. Bank Money Market Deposit Account, 5.20% (b)			46,128				46,128
TOTAL SHORT-TERM INVESTMENTS (Cost $7,301,082)							7,298,443
Total Investments (Cost $7,301,082) - 102.76%							7,298,443
Liabilities in Excess of Other Assets - (2.76)%							(195,823	)
TOTAL NET ASSETS - 100.00%						$	7,102,620

 

Asset Type		% of Net Assets
Short Term Investments			102.76	%
Total Investments			102.76
Liabilities in Excess of Other Assets			(2.76	)
Net Assets			100.00	%
Percentages are stated as a percent of net assets.

 

(a)	Rate disclosed is the effective yield as of October 31, 2023.
(b)	The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term investment vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on conditions and may change daily and by any amount. The rate shown is as of October 31, 2023.
(c)	All or portion of the security is pledged as collateral in connection with options written short.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR PREMIUM INCOME 15 BUFFER ETF – OCTOBER  

 

Schedule of Options Written (a)

October 31, 2023 (Continued)

 

Description		Expiration		Strike Price				Contracts				Notional Amount				Value
Put Options
SPDR S&P 500 ETF		9/30/2024		$	363.35				168			$	(7,025,760	)		$	(158,760	)
Total Options Written (Premiums Received $155,109)																$	(158,760	)

 

(a)	Exchange-Traded.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share

 

(a)	Cost of investments

(b)	Premiums received

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - January				Innovator U.S. Equity Buffer ETF - February				Innovator U.S. Equity Buffer ETF - March				Innovator U.S. Equity Buffer ETF - April
$	148,834,291			$	100,674,270			$	88,323,155			$	153,580,049
	1,686				1,074				934				1,750
	154				208				206				206
	148,836,131				100,675,552				88,324,295				153,582,005
	275,924				681,490				728,590				2,046,788
	99,880				65,073				59,821				102,524
	375,804				746,563				788,411				2,149,312
$	148,460,327			$	99,928,989			$	87,535,884			$	151,432,693
$	190,245,904			$	103,377,517			$	88,440,170			$	156,350,798
	(41,785,577	)			(3,448,528	)			(904,286	)			(4,918,105	)
$	148,460,327			$	99,928,989			$	87,535,884			$	151,432,693
$	148,460,327			$	99,928,989			$	87,535,884			$	151,432,693
	4,125,000				3,050,000				2,450,000				4,400,000
$	35.99			$	32.76			$	35.73			$	34.42
$	144,726,719			$	101,104,831			$	86,408,055			$	154,049,589
	7,667,569				4,263,961				3,844,013				7,058,998

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
ETF variable fee receivable
Receivable for investments sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable for fund shares redeemed
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - May				Innovator U.S. Equity Buffer ETF - June				Innovator U.S. Equity Buffer ETF - July				Innovator U.S. Equity Buffer ETF - August
$	113,053,846			$	103,287,502			$	353,757,857			$	190,436,674
	1,445				1,177				4,302				2,259
	–				–				424				–
	–				–				875,607				–
	103				146				98				193
	113,055,394				103,288,825				354,638,288				190,439,126
	2,033,363				2,187,564				11,916,303				8,276,882
	–				–				847,680				–
	82,374				70,454				229,389				125,080
	–				–				29,666				–
	2,115,737				2,258,018				13,023,038				8,401,962
$	110,939,657			$	101,030,807			$	341,615,250			$	182,037,164
$	121,085,394			$	111,769,103			$	354,788,516			$	206,891,037
	(10,145,737	)			(10,738,296	)			(13,173,266	)			(24,853,873	)
$	110,939,657			$	101,030,807			$	341,615,250			$	182,037,164
$	110,939,657			$	101,030,807			$	341,615,250			$	182,037,164
	3,625,000				3,125,000				10,075,000				5,600,000
$	30.60			$	32.33			$	33.91			$	32.51
$	114,242,270			$	104,516,547			$	366,220,531			$	199,030,419
	5,068,740				4,135,330				11,205,712				6,459,837

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
Receivable for investments sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - September				Innovator U.S. Equity Buffer ETF - October				Innovator U.S. Equity Buffer ETF - November				Innovator U.S. Equity Buffer ETF - December
$	185,960,571			$	177,810,127			$	87,405,915			$	96,108,195
	2,428				2,067				985				1,042
	–				–				87,290,907				–
	113				102				200				206
	185,963,112				177,812,296				174,698,007				96,109,443
	7,735,578				6,471,826				3,485,629				114,192
	118,872				110,437				58,014				65,502
	–				–				87,230,301				–
	7,854,450				6,582,263				90,773,944				179,694
$	178,108,662			$	171,230,033			$	83,924,063			$	95,929,749
$	193,720,513			$	197,865,005			$	93,556,235			$	102,837,163
	(15,611,851	)			(26,634,972	)			(9,632,172	)			(6,907,414	)
$	178,108,662			$	171,230,033			$	83,924,063			$	95,929,749
$	178,108,662			$	171,230,033			$	83,924,063			$	95,929,749
	5,375,000				4,900,000				2,625,000				2,800,000
$	33.14			$	34.94			$	31.97			$	34.26
$	193,016,591			$	180,570,936			$	87,414,571			$	97,927,120
	6,409,612				6,814,783				3,476,946				5,536,138

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
ETF variable fee receivable
Receivable for investments sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable for fund shares redeemed
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - January				Innovator U.S. Equity Power Buffer ETF - February				Innovator U.S. Equity Power Buffer ETF - March				Innovator U.S. Equity Power Buffer ETF - April
$	571,166,076			$	445,276,304			$	381,301,518			$	586,633,796
	6,566				5,270				4,387				7,092
	–				–				–				378
	–				42,051				–				804,315
	136				185				239				202
	571,172,778				445,323,810				381,306,144				587,445,783
	1,317,161				2,217,600				3,619,924				6,481,111
	–				–				–				755,938
	390,301				304,443				259,107				395,697
	–				214				–				8,992
	1,707,462				2,522,257				3,879,031				7,641,738
$	569,465,316			$	442,801,553			$	377,427,113			$	579,804,045
$	643,645,271			$	454,551,124			$	383,188,509			$	605,473,728
	(74,179,955	)			(11,749,571	)			(5,761,396	)			(25,669,683	)
$	569,465,316			$	442,801,553			$	377,427,113			$	579,804,045
$	569,465,316			$	442,801,553			$	377,427,113			$	579,804,045
	16,625,000				14,750,000				11,375,000				19,175,000
$	34.25			$	30.02			$	33.18			$	30.24
$	553,421,098			$	448,382,794			$	372,966,267			$	588,772,376
	30,429,099				19,505,194				16,584,451				26,685,881

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
Receivable for investments sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - May				Innovator U.S. Equity Power Buffer ETF - June				Innovator U.S. Equity Power Buffer ETF - July				Innovator U.S. Equity Power Buffer ETF - August
$	466,211,938			$	531,337,812			$	1,022,816,590			$	912,691,826
	5,664				6,061				12,522				11,249
	–				–				43,794				44,592
	73				228				206				68
	466,217,675				531,344,101				1,022,873,112				912,747,735
	6,829,804				9,588,111				22,822,240				25,858,203
	325,203				358,020				676,170				607,164
	–				–				984				1,271
	7,155,007				9,946,131				23,499,394				26,466,638
$	459,062,668			$	521,397,970			$	999,373,718			$	886,281,097
$	491,458,674			$	537,679,525			$	1,053,401,571			$	966,490,413
	(32,396,006	)			(16,281,555	)			(54,027,853	)			(80,209,316	)
$	459,062,668			$	521,397,970			$	999,373,718			$	886,281,097
$	459,062,668			$	521,397,970			$	999,373,718			$	886,281,097
	15,725,000				16,800,000				30,000,000				28,875,000
$	29.19			$	31.04			$	33.31			$	30.69
$	471,227,430			$	538,149,543			$	1,060,351,836			$	954,394,065
	20,810,246				21,602,189				33,732,265				29,941,024

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
ETF variable fee receivable
Receivable for investments sold
Receivable for fund shares sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - September				Innovator U.S. Equity Power Buffer ETF - October				Innovator U.S. Equity Power Buffer ETF - November				Innovator U.S. Equity Power Buffer ETF - December
$	712,260,376			$	749,891,268			$	649,602,513			$	563,916,453
	9,188				7,283				7,023				6,813
	–				–				11,293				–
	–				–				625,695,752				–
	–				–				22,585,990				–
	10				106				97				204
	712,269,574				749,898,657				1,297,902,668				563,923,470
	20,560,853				23,759,683				25,996,710				322,334
	466,458				385,261				450,690				390,297
	–				–				648,073,123				–
	21,027,311				24,144,944				674,520,523				712,631
$	691,242,263			$	725,753,713			$	623,382,145			$	563,210,839
$	756,289,102			$	754,625,354			$	688,548,183			$	563,878,576
	(65,046,839	)			(28,871,641	)			(65,166,038	)			(667,737	)
$	691,242,263			$	725,753,713			$	623,382,145			$	563,210,839
$	691,242,263			$	725,753,713			$	623,382,145			$	563,210,839
	21,575,000				21,600,000				19,325,000				17,800,000
$	32.04			$	33.60			$	32.26			$	31.64
$	740,762,427			$	760,768,283			$	649,666,315			$	574,370,365
	24,442,725				28,783,669				25,932,700				29,867,423

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
Receivable for investments sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share

 

(a) Cost of investments
(b) Premiums received

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - January				Innovator U.S. Equity Ultra Buffer ETF - February				Innovator U.S. Equity Ultra Buffer ETF - March				Innovator U.S. Equity Ultra Buffer ETF - April
$	116,398,151			$	49,653,534			$	45,366,095			$	96,311,331
	1,262				515				478				1,102
	–				–				41,694				–
	373				206				172				205
	116,399,786				49,654,255				45,408,439				96,312,638
	456,514				161,354				408,336				713,880
	79,089				34,808				32,621				65,645
	–				–				380				–
	535,603				196,162				441,337				779,525
$	115,864,183			$	49,458,093			$	44,967,102			$	95,533,113
$	154,548,232			$	55,169,933			$	51,988,303			$	102,098,827
	(38,684,049	)			(5,711,840	)			(7,021,201	)			(6,565,714	)
$	115,864,183			$	49,458,093			$	44,967,102			$	95,533,113
$	115,864,183			$	49,458,093			$	44,967,102			$	95,533,113
	3,600,000				1,825,000				1,525,000				3,750,000
$	32.18			$	27.10			$	29.49			$	25.48
$	111,041,427			$	49,606,730			$	44,778,709			$	96,543,676
	4,546,087				1,556,285				1,355,195				3,153,093

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
ETF variable fee receivable
Receivable for investments sold
Receivable for fund shares sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable for fund shares redeemed
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share

 

(a) Cost of investments
(b) Premiums received

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - May				Innovator U.S. Equity Ultra Buffer ETF - June				Innovator U.S. Equity Ultra Buffer ETF - July				Innovator U.S. Equity Ultra Buffer ETF - August
$	62,133,819			$	75,029,431			$	162,831,609			$	346,627,802
	736				837				2,007				3,406
	–				–				697				4,245
	–				718,551				1,415,217				62,861
	–				–				–				8,491,080
	162				103				201				163
	62,134,717				75,748,922				164,249,731				355,189,557
	580,648				878,416				1,113,084				2,580,175
	–				699,168				1,393,305				–
	46,883				51,066				109,578				182,949
	–				8,436				9,843				8,535,070
	627,531				1,637,086				2,625,810				11,298,194
$	61,507,186			$	74,111,836			$	161,623,921			$	343,891,363
$	68,526,860			$	78,526,305			$	167,956,277			$	360,955,239
	(7,019,674	)			(4,414,469	)			(6,332,356	)			(17,063,876	)
$	61,507,186			$	74,111,836			$	161,623,921			$	343,891,363
$	61,507,186			$	74,111,836			$	161,623,921			$	343,891,363
	2,250,000				2,650,000				5,800,000				12,150,000
$	27.34			$	27.97			$	27.87			$	28.30
$	62,788,314			$	75,900,239			$	170,616,034			$	358,124,946
	1,932,903				2,261,384				3,685,855				4,860,036

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023  

 

Assets:
Investments, at value (a)
Interest receivable
ETF variable fee receivable
Receivable for investments sold
Receivable for fund shares sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit).
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - September				Innovator U.S. Equity Ultra Buffer ETF - October				Innovator U.S. Equity Ultra Buffer ETF - November				Innovator U.S. Equity Ultra Buffer ETF - December
$	90,436,690			$	105,148,653			$	31,236,230			$	69,713,286
	1,127				1,144				321				838
	722				377				–				–
	13,356				12,609				31,196,657				–
	1,444,450				753,980				–				–
	107				103				102				205
	91,896,452				105,916,866				62,433,310				69,714,329
	851,947				1,835,160				829,756				8,688
	59,254				61,445				21,300				47,849
	1,428,777				724,851				31,174,694				–
	2,339,978				2,621,456				32,025,750				56,537
$	89,556,474			$	103,295,410			$	30,407,560			$	69,657,792
$	102,176,050			$	111,499,191			$	33,953,968			$	74,111,266
	(12,619,576	)			(8,203,781	)			(3,546,408	)			(4,453,474	)
$	89,556,474			$	103,295,410			$	30,407,560			$	69,657,792
$	89,556,474			$	103,295,410			$	30,407,560			$	69,657,792
	3,100,000				3,425,000				1,025,000				2,425,000
$	28.89			$	30.16			$	29.67			$	28.72
$	94,641,962			$	107,074,194			$	31,239,366			$	71,100,393
	1,878,507				2,678,535				826,613				1,592,131

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023 

 

Assets:
Investments, at value (a)
Interest receivable
ETF variable fee receivable
Receivable for investments sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable for fund shares redeemed
Payable to Adviser
Payable for investments purchased
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator Premium Income 10 Barrier ETF - April				Innovator Premium Income 20 Barrier ETF - April				Innovator Premium Income 30 Barrier ETF - April				Innovator Premium Income 40 Barrier ETF - April
$	9,037,420			$	29,266,552			$	52,310,751			$	35,023,433
	88				231				521				314
	–				–				373				–
	–				–				1,991,006				–
	153				111				289				49
	9,037,661				29,266,894				54,302,940				35,023,796
	1,023,480				2,685,485				3,528,644				1,746,722
	–				–				1,851,397				–
	6,215				18,186				34,457				24,899
	–				–				134,567				–
	1,029,695				2,703,671				5,549,065				1,771,621
$	8,007,966			$	26,563,223			$	48,753,875			$	33,252,175
$	8,029,781			$	26,585,315			$	48,752,598			$	33,373,349
	(21,815	)			(22,092	)			1,277				(121,174	)
$	8,007,966			$	26,563,223			$	48,753,875			$	33,252,175
$	8,007,966			$	26,563,223			$	48,753,875			$	33,252,175
	325,000				1,075,000				1,975,000				1,350,000
$	24.64			$	24.71			$	24.69			$	24.63
$	10,543,610			$	36,106,570			$	62,532,548			$	41,005,053
	2,156,426				8,774,464				12,804,267				6,397,843

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023 

 

Assets:
Investments, at value (a)
Interest receivable
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator Premium Income 10 Barrier ETF - July				Innovator Premium Income 20 Barrier ETF - July				Innovator Premium Income 30 Barrier ETF - July				Innovator Premium Income 40 Barrier ETF - July
$	6,509,179			$	32,396,229			$	34,146,021			$	9,169,275
	38				325				302				51
	17				13				8				6
	6,509,234				32,396,567				34,146,331				9,169,332
	1,655,344				7,207,539				5,640,766				1,095,659
	3,195				17,199				18,129				5,393
	1,658,539				7,224,738				5,658,895				1,101,052
$	4,850,695			$	25,171,829			$	28,487,436			$	8,068,280
$	4,923,652			$	25,357,389			$	28,518,093			$	8,064,409
	(72,957	)			(185,560	)			(30,657	)			3,871
$	4,850,695			$	25,171,829			$	28,487,436			$	8,068,280
$	4,850,695			$	25,171,829			$	28,487,436			$	8,068,280
	200,000				1,025,000				1,150,000				325,000
$	24.25			$	24.56			$	24.77			$	24.83
$	6,269,074			$	32,222,071			$	34,949,067			$	9,324,594
	1,342,282				6,741,251				6,201,617				1,260,367

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023 

 

Assets:
Investments, at value (a)
Interest receivable
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator Premium Income 10 Barrier ETF - October				Innovator Premium Income 20 Barrier ETF - October				Innovator Premium Income 30 Barrier ETF - October				Innovator Premium Income 40 Barrier ETF - October
$	3,988,163			$	14,295,041			$	17,258,171			$	7,799,111
	269				120				138				119
	–				–				1				–
	3,988,432				14,295,161				17,258,310				7,799,230
	1,013,862				3,566,808				3,532,278				1,234,002
	1,352				4,777				5,772				3,579
	1,015,214				3,571,585				3,538,050				1,237,581
$	2,973,218			$	10,723,576			$	13,720,260			$	6,561,649
$	2,980,615			$	10,723,915			$	13,711,448			$	6,544,005
	(7,397	)			(339	)			8,812				17,644
$	2,973,218			$	10,723,576			$	13,720,260			$	6,561,649
$	2,973,218			$	10,723,576			$	13,720,260			$	6,561,649
	125,000				450,000				575,000				275,000
$	23.79			$	23.83			$	23.86			$	23.86
$	3,948,590			$	14,384,653			$	17,454,020			$	7,916,237
	958,411				3,625,366				3,699,981				1,346,569

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Assets and Liabilities

October 31, 2023 

 

Assets:
Investments, at value (a)
Interest receivable
ETF variable fee receivable
Receivable for investments sold
Receivable for fund shares sold
Deposit at broker for options
Total Assets
Liabilities:
Options written, at value (b)
Payable to Adviser
Payable for investments purchased
Distributions payable
Total Liabilities
Net Assets
Net Assets Consist of:
Capital stock
Total distributable earnings/(accumulated deficit)
Net Assets
Net Asset Value:
Net assets
Shares of beneficial interest outstanding (unlimited shares without par value authorized)
Net asset value price per share
(a) Cost of investments
(b) Premiums received

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly				Innovator U.S. Equity 10 Buffer ETF - Quarterly				Innovator Premium Income 9 Buffer ETF - October				Innovator Premium Income 15 Buffer ETF - October
$	12,665,701			$	25,159,726			$	2,457,372			$	7,298,443
	30				68				94				112
	–				–				–				296
	–				–				–				13,200
	–				–				–				591,865
	200				200				–				–
	12,665,931				25,159,994				2,457,466				7,903,916
	47,472				256,804				78,286				158,760
	3,770				7,115				977				2,843
	–				–				–				603,421
	–				–				15,115				36,272
	51,242				263,919				94,378				801,296
$	12,614,689			$	24,896,075			$	2,363,088			$	7,102,620
$	12,890,830			$	24,942,202			$	2,366,337			$	7,108,911
	(276,141	)			(46,127	)			(3,249	)			(6,291	)
$	12,614,689			$	24,896,075			$	2,363,088			$	7,102,620
$	12,614,689			$	24,896,075			$	2,363,088			$	7,102,620
	500,000				975,000				100,000				300,000
$	25.23			$	25.53			$	23.63			$	23.68
$	13,028,320			$	25,451,205			$	2,458,037			$	7,301,082
	137,690				509,202				75,703				155,109

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - January				Innovator U.S. Equity Buffer ETF - February				Innovator U.S. Equity Buffer ETF - March				Innovator U.S. Equity Buffer ETF - April
$	17,905			$	11,269			$	9,385			$	16,451
	17,905				11,269				9,385				16,451
	1,301,980				793,537				715,905				1,151,778
	1,301,980				793,537				715,905				1,151,778
	(1,284,075	)			(782,268	)			(706,520	)			(1,135,327	)
	(17,182,874	)			(5,654,752	)			(5,504,604	)			(13,171,021	)
	13,659,539				2,007,642				799,200				6,743,143
	1,648,675				2,873,869				3,205,131				3,723,542
	(6,486,285	)			2,647,205				2,932,351				4,693,752
	13,020,590				5,580,027				8,099,959				8,325,609
	11,705,141				3,426,413				1,634,300				6,292,147
	16,364,786				10,880,404				11,166,337				16,607,172
$	15,080,711			$	10,098,136			$	10,459,817			$	15,471,845

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - May				Innovator U.S. Equity Buffer ETF - June				Innovator U.S. Equity Buffer ETF - July				Innovator U.S. Equity Buffer ETF - August
$	16,724			$	14,797			$	25,687			$	19,308
	16,724				14,797				25,687				19,308
	1,116,789				972,665				1,635,681				1,094,397
	1,116,789				972,665				1,635,681				1,094,397
	(1,100,065	)			(957,868	)			(1,609,994	)			(1,075,089	)
	(10,507,864	)			(7,811,964	)			4,470,415				(5,631,494	)
	510,226				6,402,150				10,619,451				14,325,990
	8,723,538				7,143,208				6,907,827				7,201,507
	4,147,574				81,109				4,345,053				250,417
	7,722,886				3,115,047				(14,158,427	)			(3,870,251	)
	(1,363,929	)			655,866				(4,211,260	)			(1,931,848	)
	9,232,431				9,585,416				7,973,059				10,344,321
$	8,132,366			$	8,627,548			$	6,363,065			$	9,269,232

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - September				Innovator U.S. Equity Buffer ETF - October				Innovator U.S. Equity Buffer ETF - November				Innovator U.S. Equity Buffer ETF - December
$	20,066			$	20,295			$	13,142			$	11,624
	20,066				20,295				13,142				11,624
	1,325,414				1,455,109				927,582				818,903
	1,325,414				1,455,109				927,582				818,903
	(1,305,348	)			(1,434,814	)			(914,440	)			(807,279	)
	(510,879	)			(10,524,073	)			(1,735,397	)			(6,668,991	)
	10,637,177				29,758,058				7,114,698				3,789,711
	6,793,169				11,755,947				4,590,550				3,736,164
	4,226,861				1,767,551				3,511,604				1,134,269
	(3,656,699	)			(11,926,216	)			(1,730	)			1,928,790
	(2,167,120	)			(555,582	)			(1,666	)			4,993,789
	15,322,509				20,275,685				13,478,059				8,913,732
$	14,017,161			$	18,840,871			$	12,563,619			$	8,106,453

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - January				Innovator U.S. Equity Power Buffer ETF - February				Innovator U.S. Equity Power Buffer ETF - March				Innovator U.S. Equity Power Buffer ETF - April
$	69,554			$	56,207			$	41,606			$	63,107
	69,554				56,207				41,606				63,107
	4,765,858				3,700,176				2,843,460				3,969,794
	4,765,858				3,700,176				2,843,460				3,969,794
	(4,696,304	)			(3,643,969	)			(2,801,854	)			(3,906,687	)
	(45,521,911	)			(17,528,723	)			(16,020,239	)			(32,081,485	)
	35,216,684				12,457,220				5,817,032				20,748,498
	11,792,045				12,808,151				17,463,248				20,362,689
	(1,689,754	)			8,083,483				(25,910	)			706,124
	42,462,618				14,036,614				25,014,282				18,016,013
	21,408,179				8,800,378				3,920,450				14,235,075
	63,667,861				38,657,123				36,168,863				41,986,914
$	58,971,557			$	35,013,154			$	33,367,009			$	38,080,227

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - May				Innovator U.S. Equity Power Buffer ETF - June				Innovator U.S. Equity Power Buffer ETF -July				Innovator U.S. Equity Power Buffer ETF - August
$	62,177			$	55,991			$	79,267			$	79,580
	62,177				55,991				79,267				79,580
	3,700,493				3,569,573				4,986,454				4,793,714
	3,700,493				3,569,573				4,986,454				4,793,714
	(3,638,316	)			(3,513,582	)			(4,907,187	)			(4,714,134	)
	(31,421,610	)			(25,689,518	)			(13,285,053	)			(26,979,657	)
	7,963,287				11,534,281				53,655,075				56,149,951
	18,857,068				11,556,431				27,558,756				30,515,171
	9,522,178				13,014,543				5,198,940				399,677
	16,699,605				8,698,912				(36,452,791	)			(24,047,957	)
	320,063				3,108,451				2,031,405				(2,023,460	)
	21,940,591				22,223,100				38,706,332				34,013,725
$	18,302,275			$	18,709,518			$	33,799,145			$	29,299,591

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - September				Innovator U.S. Equity Power Buffer ETF - October				Innovator U.S. Equity Power Buffer ETF - November				Innovator U.S. Equity Power Buffer ETF - December
$	74,934			$	62,194			$	86,531			$	77,564
	74,934				62,194				86,531				77,564
	4,798,422				4,267,205				5,863,953				4,889,028
	4,798,422				4,267,205				5,863,953				4,889,028
	(4,723,488	)			(4,205,011	)			(5,777,422	)			(4,811,464	)
	(25,790,271	)			(7,768,789	)			(45,006,805	)			(21,010,646	)
	74,151,707				71,966,979				65,283,952				14,976,645
	37,271,558				15,804,452				44,899,384				14,835,776
	465,800				17,086,389				1,428,399				8,901,080
	(19,326,452	)			(35,866,865	)			(28,420	)			4,807,940
	(113,006	)			9,508,350				(28,154	)			18,505,173
	66,659,336				70,730,516				66,548,356				41,015,968
$	61,935,848			$	66,525,505			$	60,770,934			$	36,204,504

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - January				Innovator U.S. Equity Ultra Buffer ETF - February				Innovator U.S. Equity Ultra Buffer ETF - March				Innovator U.S. Equity Ultra Buffer ETF - April
$	16,202			$	7,950			$	8,172			$	16,471
	16,202				7,950				8,172				16,471
	1,312,896				569,068				577,199				1,114,997
	1,312,896				569,068				577,199				1,114,997
	(1,296,694	)			(561,118	)			(569,027	)			(1,098,526	)
	(22,711,625	)			(4,571,272	)			(6,249,815	)			(4,361,880	)
	14,766,406				2,305,337				3,205,910				4,273,311
	6,032,635				1,855,626				2,550,172				4,153,968
	1,929,468				319,761				(244,680	)			(5,225	)
	20,054,509				4,917,823				5,574,693				3,302,124
	(3,353,264	)			(618,967	)			(1,164,982	)			(753,662	)
	16,718,129				4,208,308				3,671,298				6,608,636
$	15,421,435			$	3,647,190			$	3,102,271			$	5,510,110

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - May				Innovator U.S. Equity Ultra Buffer ETF - June				Innovator U.S. Equity Ultra Buffer ETF - July				Innovator U.S. Equity Ultra Buffer ETF - August
$	9,938			$	9,880			$	11,252			$	15,605
	9,938				9,880				11,252				15,605
	684,089				685,907				725,876				973,232
	684,089				685,907				725,876				973,232
	(674,151	)			(676,027	)			(714,624	)			(957,627	)
	(4,830,761	)			(4,833,741	)			3,068,658				(4,164,269	)
	5,204,694				5,660,259				3,368,240				12,154,378
	3,348,795				2,681,283				1,427,915				4,097,766
	922,233				1,223,233				365,014				20,061
	1,682,077				1,238,641				(8,314,708	)			(9,098,594	)
	(1,541,267	)			(719,138	)			1,981,490				870,993
	4,785,771				5,250,537				1,896,609				3,880,335
$	4,111,620			$	4,574,510			$	1,181,985			$	2,922,708

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Year Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - September				Innovator U.S. Equity Ultra Buffer ETF - October				Innovator U.S. Equity Ultra Buffer ETF - November				Innovator U.S. Equity Ultra Buffer ETF - December
$	12,700			$	10,650			$	5,579			$	9,949
	12,700				10,650				5,579				9,949
	856,544				766,022				405,800				683,423
	856,544				766,022				405,800				683,423
	(843,844	)			(755,372	)			(400,221	)			(673,474	)
	(4,469,009	)			2,258,239				1,363,343				(4,508,034	)
	15,217,088				11,003,413				1,900,838				3,207,925
	4,414,187				545,555				894,621				3,187,176
	423,328				1,592,926				1,369,742				888,042
	(5,246,782	)			(7,330,768	)			2,821				3,244,789
	701,936				3,594,257				2,873				(714,665	)
	11,040,748				11,663,622				5,534,238				5,305,233
$	10,196,904			$	10,908,250			$	5,134,017			$	4,631,759

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Period Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

(a)

Since Commencement of Operations on March 31, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator Premium Income 10 Barrier ETF – April (a)				Innovator Premium Income 20 Barrier ETF – April (a)				Innovator Premium Income 30 Barrier ETF – April (a)				Innovator Premium Income 40 Barrier ETF – April (a)
$	237,194			$	700,523			$	1,250,382			$	932,395
	237,194				700,523				1,250,382				932,395
	37,017				113,091				202,773				154,344
	37,017				113,091				202,773				154,344
	200,177				587,432				1,047,609				778,051
	(2,970	)			(287,492	)			8,035				(149,168	)
	(77,886	)			(111,657	)			(152,701	)			(105,649	)
	634,398				704,045				969,363				921,582
	10,984				1,097,880				784,785				975,555
	(1,506,190	)			(6,840,019	)			(10,221,796	)			(5,981,620	)
	1,132,946				6,088,979				9,275,623				4,651,121
	191,282				651,736				663,309				311,821
$	391,459			$	1,239,168			$	1,710,918			$	1,089,872

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Period Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Realized & Unrealized Gain/(Loss):
Net realized gain/(loss) on:
Investments
Redemptions sold in-kind on investments
Redemptions sold in-kind on options written
Options written
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Realized and Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

(a)

Since Commencement of Operations on June 30, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator Premium Income 10 Barrier ETF – July (a)				Innovator Premium Income 20 Barrier ETF – July (a)				Innovator Premium Income 30 Barrier ETF – July (a)				Innovator Premium Income 40 Barrier ETF – July (a)
$	65,765			$	355,535			$	411,838			$	127,531
	65,765				355,535				411,838				127,531
	9,058				49,662				58,468				18,117
	9,058				49,662				58,468				18,117
	56,707				305,873				353,370				109,414
	–				(29	)			(8,457	)			–
	–				79,974				(21,875	)			–
	–				26,625				183,885				–
	–				–				57,985				–
	240,105				174,158				(803,046	)			(155,318	)
	(313,062	)			(466,288	)			560,851				164,708
	(72,957	)			(185,560	)			(30,657	)			9,390
$	(16,250	)		$	120,313			$	322,713			$	118,804

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Period Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Unrealized Gain/(Loss):
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

(a)

Since Commencement of Operations on September 29, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator Premium Income 10 Barrier ETF – October (a)				Innovator Premium Income 20 Barrier ETF – October (a)				Innovator Premium Income 30 Barrier ETF – October (a)				Innovator Premium Income 40 Barrier ETF – October (a)
$	9,834			$	35,492			$	42,730			$	25,782
	9,834				35,492				42,730				25,782
	1,352				4,777				5,772				3,578
	1,352				4,777				5,772				3,578
	8,482				30,715				36,958				22,204
	39,572				(89,612	)			(195,848	)			(117,126	)
	(55,451	)			58,558				167,702				112,566
	(15,879	)			(31,054	)			(28,146	)			(4,560	)
$	(7,397	)		$	(339	)		$	8,812			$	17,644

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Operations

For the Period Ended October 31, 2023

 

Investment Income:
Interest
Total Investment Income
Expenses:
Investment advisory fee
Total Expenses
Net Investment Income/(Loss)
Unrealized Gain/(Loss):
Net change in unrealized appreciation/(depreciation) on:
Investments
Options written
Net Unrealized Gain/(Loss) on Investments and Options Written
Net Increase/(Decrease) in Net Assets Resulting From Operations

 

(a)

Since Commencement of Operations on September 29, 2023

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (a)				Innovator U.S. Equity 10 Buffer ETF – Quarterly (a)				Innovator Premium Income 9 Buffer ETF – October (a)				Innovator Premium Income 15 Buffer ETF – October (a)
$	30			$	68			$	7,328			$	20,710
	30				68				7,328				20,710
	3,770				7,115				977				2,841
	3,770				7,115				977				2,841
	(3,740	)			(7,047	)			6,351				17,869
	(362,619	)			(291,479	)			(666	)			(2,640	)
	90,218				252,399				(2,583	)			(3,651	)
	(272,401	)			(39,080	)			(3,249	)			(6,291	)
$	(276,141	)		$	(46,127	)		$	3,102			$	11,578

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Buffer ETF - January
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(1,284,075	)		$	(1,392,425	)
Net realized gain/(loss)			(8,360,945	)			13,056,738
Net change in unrealized appreciation/(depreciation)			24,725,731				(34,120,436	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			15,080,711				(22,456,123	)
Capital Share Transactions:
Proceeds from shares sold			127,283,770				264,258,187
Cost of shares redeemed			(136,578,385	)			(249,518,483	)
Transaction fees (see Note 5)			38,409				112,606
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			(9,256,206	)			14,852,310
Total Increase/(Decrease) in Net Assets		$	5,824,505			$	(7,603,813	)
Net Assets:
Beginning of the period		$	142,635,822			$	150,239,635
End of the period		$	148,460,327			$	142,635,822
Change in Shares Outstanding:
Shares sold			3,775,000				7,225,000
Shares redeemed			(3,950,000	)			(7,000,000	)
Net Increase/(Decrease)			(175,000	)			225,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - February								Innovator U.S. Equity Buffer ETF - March								Innovator U.S. Equity Buffer ETF - April
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(782,268	)		$	(774,213	)		$	(706,520	)		$	(600,313	)		$	(1,135,327	)		$	(945,432	)
	1,873,964				7,821,581				1,432,078				8,019,677				1,989,416				15,010,390
	9,006,440				(17,367,260	)			9,734,259				(12,682,830	)			14,617,756				(20,344,728	)
	10,098,136				(10,319,892	)			10,459,817				(5,263,466	)			15,471,845				(6,279,770	)
	93,931,975				135,143,030				74,164,290				96,744,935				170,550,915				166,719,955
	(72,996,860	)			(142,224,700	)			(73,749,233	)			(77,037,963	)			(150,222,185	)			(167,876,110	)
	35,502				59,259				26,006				27,371				36,941				75,410
	20,970,617				(7,022,411	)			441,063				19,734,343				20,365,671				(1,080,745	)
$	31,068,753			$	(17,342,303	)		$	10,900,880			$	14,470,877			$	35,837,516			$	(7,360,515	)
$	68,860,236			$	86,202,539			$	76,635,004			$	62,164,127			$	115,595,177			$	122,955,692
$	99,928,989			$	68,860,236			$	87,535,884			$	76,635,004			$	151,432,693			$	115,595,177
	2,975,000				4,275,000				2,200,000				2,900,000				5,225,000				5,225,000
	(2,250,000	)			(4,675,000	)			(2,150,000	)			(2,325,000	)			(4,575,000	)			(5,225,000	)
	725,000				(400,000	)			50,000				575,000				650,000				–

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Buffer ETF - May
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(1,100,065	)		$	(953,058	)
Net realized gain/(loss)			2,873,474				3,194,777
Net change in unrealized appreciation/(depreciation)			6,358,957				(10,594,891	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			8,132,366				(8,353,172	)
Capital Share Transactions:
Proceeds from shares sold			96,013,247				204,029,287
Cost of shares redeemed			(169,099,124	)			(102,090,475	)
Transaction fees (see Note 5)			34,861				82,306
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			(73,051,016	)			102,021,118
Total Increase/(Decrease) in Net Assets		$	(64,918,650	)		$	93,667,946
Net Assets:
Beginning of the period		$	175,858,307			$	82,190,361
End of the period		$	110,939,657			$	175,858,307
Change in Shares Outstanding:
Shares sold			3,200,000				6,850,000
Shares redeemed			(5,625,000	)			(3,325,000	)
Net Increase/(Decrease)			(2,425,000	)			3,525,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - June								Innovator U.S. Equity Buffer ETF - July								Innovator U.S. Equity Buffer ETF - August
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(957,868	)		$	(572,372	)		$	(1,609,994	)		$	(878,306	)		$	(1,075,089	)		$	(814,052	)
	5,814,503				1,223,060				26,342,746				2,774,257				16,146,420				(4,127,848	)
	3,770,913				(7,842,938	)			(18,369,687	)			(2,189,108	)			(5,802,099	)			(7,326,167	)
	8,627,548				(7,192,250	)			6,363,065				(293,157	)			9,269,232				(12,268,067	)
	319,119,125				110,271,314				296,289,177				230,534,290				262,266,050				202,934,790
	(303,292,985	)			(108,154,937	)			(131,517,565	)			(243,100,360	)			(192,343,482	)			(174,555,855	)
	102,883				41,315				139,462				134,739				91,677				107,383
	15,929,023				2,157,692				164,911,074				(12,431,331	)			70,014,245				28,486,318
$	24,556,571			$	(5,034,558	)		$	171,274,139			$	(12,724,488	)		$	79,283,477			$	16,218,251
$	76,474,236			$	81,508,794			$	170,341,111			$	183,065,599			$	102,753,687			$	86,535,436
$	101,030,807			$	76,474,236			$	341,615,250			$	170,341,111			$	182,037,164			$	102,753,687
	9,975,000				3,475,000				8,500,000				7,675,000				7,875,000				6,475,000
	(9,350,000	)			(3,375,000	)			(3,950,000	)			(7,750,000	)			(5,700,000	)			(5,700,000	)
	625,000				100,000				4,550,000				(75,000	)			2,175,000				775,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Buffer ETF - September
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(1,305,348	)		$	(1,134,048	)
Net realized gain/(loss)			21,146,328				(4,631,759	)
Net change in unrealized appreciation/(depreciation)			(5,823,819	)			(5,490,910	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			14,017,161				(11,256,717	)
Capital Share Transactions:
Proceeds from shares sold			129,468,422				163,473,610
Cost of shares redeemed			(131,462,895	)			(143,014,130	)
Transaction fees (see Note 5)			37,444				96,491
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			(1,957,029	)			20,555,971
Total Increase/(Decrease) in Net Assets		$	12,060,132			$	9,299,254
Net Assets:
Beginning of the period		$	166,048,530			$	156,749,276
End of the period		$	178,108,662			$	166,048,530
Change in Shares Outstanding:
Shares sold			3,800,000				5,325,000
Shares redeemed			(3,900,000	)			(4,650,000	)
Net Increase/(Decrease)			(100,000	)			675,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Buffer ETF - October								Innovator U.S. Equity Buffer ETF - November								Innovator U.S. Equity Buffer ETF - December
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(1,434,814	)		$	(855,125	)		$	(914,440	)		$	(581,542	)		$	(807,279	)		$	(675,337	)
	32,757,483				(7,332,877	)			13,481,455				(5,982,250	)			1,991,153				(23,982,674	)
	(12,481,798	)			6,119,513				(3,396	)			(6,493	)			6,922,579				17,117,793
	18,840,871				(2,068,489	)			12,563,619				(6,570,285	)			8,106,453				(7,540,218	)
	163,680,488				235,324,437				100,042,130				106,444,640				113,316,305				97,437,537
	(237,622,715	)			(118,936,245	)			(90,434,823	)			(68,807,962	)			(129,265,390	)			(44,121,098	)
	29,508				107,477				42,710				45,349				50,366				71,769
	(73,912,719	)			116,495,669				9,650,017				37,682,027				(15,898,719	)			53,388,208
$	(55,071,848	)		$	114,427,180			$	22,213,636			$	31,111,742			$	(7,792,266	)		$	45,847,990
$	226,301,881			$	111,874,701			$	61,710,427			$	30,598,685			$	103,722,015			$	57,874,025
$	171,230,033			$	226,301,881			$	83,924,063			$	61,710,427			$	95,929,749			$	103,722,015
	4,550,000				7,700,000				3,325,000				3,400,000				3,475,000				2,950,000
	(6,850,000	)			(3,800,000	)			(2,775,000	)			(2,275,000	)			(3,950,000	)			(1,375,000	)
	(2,300,000	)			3,900,000				550,000				1,125,000				(475,000	)			1,575,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Power Buffer ETF - January
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(4,696,304	)		$	(3,796,381	)
Net realized gain/(loss)			(202,936	)			15,210,957
Net change in unrealized appreciation/(depreciation)			63,870,797				(44,822,152	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			58,971,557				(33,407,576	)
Capital Share Transactions:
Proceeds from shares sold			498,598,470				712,865,811
Cost of shares redeemed			(437,078,503	)			(525,540,307	)
Transaction fees (see Note 5)			179,283				315,853
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			61,699,250				187,641,357
Total Increase/(Decrease) in Net Assets		$	120,670,807			$	154,233,781
Net Assets:
Beginning of the period		$	448,794,509			$	294,560,728
End of the period		$	569,465,316			$	448,794,509
Change in Shares Outstanding:
Shares sold			15,575,000				21,850,000
Shares redeemed			(13,350,000	)			(16,350,000	)
Net Increase/(Decrease)			2,225,000				5,500,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - February								Innovator U.S. Equity Power Buffer ETF - March								Innovator U.S. Equity Power Buffer ETF - April
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(3,643,969	)		$	(1,885,754	)		$	(2,801,854	)		$	(1,510,280	)		$	(3,906,687	)		$	(2,101,003	)
	15,820,131				14,300,856				7,234,131				12,019,910				9,735,826				19,162,390
	22,836,992				(26,967,492	)			28,934,732				(18,335,339	)			32,251,088				(30,248,501	)
	35,013,154				(14,552,390	)			33,367,009				(7,825,709	)			38,080,227				(13,187,114	)
	524,558,752				346,725,900				489,466,240				287,366,113				733,077,275				388,545,420
	(356,410,367	)			(263,323,423	)			(371,858,568	)			(171,226,173	)			(500,144,450	)			(309,481,353	)
	224,510				158,673				157,244				106,314				257,053				153,742
	168,372,895				83,561,150				117,764,916				116,246,254				233,189,878				79,217,809
$	203,386,049			$	69,008,760			$	151,131,925			$	108,420,545			$	271,270,105			$	66,030,695
$	239,415,504			$	170,406,744			$	226,295,188			$	117,874,643			$	308,533,940			$	242,503,245
$	442,801,553			$	239,415,504			$	377,427,113			$	226,295,188			$	579,804,045			$	308,533,940
	18,050,000				11,950,000				15,600,000				9,175,000				24,950,000				13,500,000
	(11,900,000	)			(9,225,000	)			(11,675,000	)			(5,500,000	)			(16,875,000	)			(10,750,000	)
	6,150,000				2,725,000				3,925,000				3,675,000				8,075,000				2,750,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Power Buffer ETF - May
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(3,638,316	)		$	(2,391,922	)
Net realized gain/(loss)			4,920,923				6,944,927
Net change in unrealized appreciation/(depreciation)			17,019,668				(20,808,950	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			18,302,275				(16,255,945	)
Capital Share Transactions:
Proceeds from shares sold			583,967,935				500,467,810
Cost of shares redeemed			(536,440,747	)			(330,230,175	)
Transaction fees (see Note 5)			266,042				205,825
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			47,793,230				170,443,460
Total Increase/(Decrease) in Net Assets		$	66,095,505			$	154,187,515
Net Assets:
Beginning of the period		$	392,967,163			$	238,779,648
End of the period		$	459,062,668			$	392,967,163
Change in Shares Outstanding:
Shares sold			20,375,000				17,475,000
Shares redeemed			(18,675,000	)			(11,350,000	)
Net Increase/(Decrease)			1,700,000				6,125,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - June								Innovator U.S. Equity Power Buffer ETF - July								Innovator U.S. Equity Power Buffer ETF - August
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(3,513,582	)		$	(1,761,840	)		$	(4,907,187	)		$	(2,106,388	)		$	(4,714,134	)		$	(1,824,122	)
	10,415,737				3,543,572				73,127,718				4,290,213				60,085,142				(84,441	)
	11,807,363				(13,409,199	)			(34,421,386	)			850,402				(26,071,417	)			(15,632,726	)
	18,709,518				(11,627,467	)			33,799,145				3,034,227				29,299,591				(17,541,289	)
	417,323,715				428,015,688				988,712,938				552,054,235				1,071,320,288				490,066,589
	(259,167,067	)			(225,145,245	)			(527,322,722	)			(270,255,030	)			(650,463,435	)			(222,920,795	)
	166,518				156,573				356,183				239,304				352,859				175,874
	158,323,166				203,027,016				461,746,399				282,038,509				421,209,712				267,321,668
$	177,032,684			$	191,399,549			$	495,545,544			$	285,072,736			$	450,509,303			$	249,780,379
$	344,365,286			$	152,965,737			$	503,828,174			$	218,755,438			$	435,771,794			$	185,991,415
$	521,397,970			$	344,365,286			$	999,373,718			$	503,828,174			$	886,281,097			$	435,771,794
	13,575,000				14,200,000				29,225,000				18,800,000				34,125,000				16,900,000
	(8,375,000	)			(7,400,000	)			(16,075,000	)			(9,150,000	)			(20,700,000	)			(7,650,000	)
	5,200,000				6,800,000				13,150,000				9,650,000				13,425,000				9,250,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Power Buffer ETF - September
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(4,723,488	)		$	(2,337,158	)
Net realized gain/(loss)			86,098,794				254,036
Net change in unrealized appreciation/(depreciation)			(19,439,458	)			(9,218,889	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			61,935,848				(11,302,011	)
Capital Share Transactions:
Proceeds from shares sold			848,288,787				502,832,858
Cost of shares redeemed			(766,332,245	)			(248,135,755	)
Transaction fees (see Note 5)			206,744				275,109
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			82,163,286				254,972,212
Total Increase/(Decrease) in Net Assets		$	144,099,134			$	243,670,201
Net Assets:
Beginning of the period		$	547,143,129			$	303,472,928
End of the period		$	691,242,263			$	547,143,129
Change in Shares Outstanding:
Shares sold			26,475,000				17,200,000
Shares redeemed			(23,700,000	)			(8,525,000	)
Net Increase/(Decrease)			2,775,000				8,675,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Power Buffer ETF - October								Innovator U.S. Equity Power Buffer ETF - November								Innovator U.S. Equity Power Buffer ETF - December
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(4,205,011	)		$	(1,880,912	)		$	(5,777,422	)		$	(1,529,342	)		$	(4,811,464	)		$	(1,646,227	)
	97,089,031				(3,616,433	)			66,604,930				(3,521,983	)			17,702,855				(46,947,377	)
	(26,358,515	)			15,460,475				(56,574	)			(51,911	)			23,313,113				40,595,743
	66,525,505				9,963,130				60,770,934				(5,103,236	)			36,204,504				(7,997,861	)
	595,582,417				678,118,137				1,112,516,447				417,456,003				665,060,360				150,588,793
	(586,065,137	)			(248,418,882	)			(867,577,250	)			(174,482,237	)			(346,315,393	)			(43,274,947	)
	222,960				292,559				282,860				175,984				332,737				92,161
	9,740,240				429,991,814				245,222,057				243,149,750				319,077,704				107,406,007
$	76,265,745			$	439,954,944			$	305,992,991			$	238,046,514			$	355,282,208			$	99,408,146
$	649,487,968			$	209,533,024			$	317,389,154			$	79,342,640			$	207,928,631			$	108,520,485
$	725,753,713			$	649,487,968			$	623,382,145			$	317,389,154			$	563,210,839			$	207,928,631
	17,725,000				23,450,000				35,675,000				13,850,000				21,725,000				4,875,000
	(17,975,000	)			(8,575,000	)			(26,925,000	)			(5,875,000	)			(10,850,000	)			(1,450,000	)
	(250,000	)			14,875,000				8,750,000				7,975,000				10,875,000				3,425,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Ultra Buffer ETF - January
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(1,296,694	)		$	(1,849,216	)
Net realized gain/(loss)			16,884				4,720,887
Net change in unrealized appreciation/(depreciation)			16,701,245				(14,697,908	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			15,421,435				(11,826,237	)
Capital Share Transactions:
Proceeds from shares sold			151,614,790				431,531,228
Cost of shares redeemed			(334,857,225	)			(222,552,470	)
Transaction fees (see Note 5)			47,304				211,171
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			(183,195,131	)			209,189,929
Total Increase/(Decrease) in Net Assets		$	(167,773,696	)		$	197,363,692
Net Assets:
Beginning of the period		$	283,637,879			$	86,274,187
End of the period		$	115,864,183			$	283,637,879
Change in Shares Outstanding:
Shares sold			5,100,000				14,200,000
Shares redeemed			(11,100,000	)			(7,350,000	)
Net Increase/(Decrease)			(6,000,000	)			6,850,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - February								Innovator U.S. Equity Ultra Buffer ETF - March								Innovator U.S. Equity Ultra Buffer ETF - April
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(561,118	)		$	(325,297	)		$	(569,027	)		$	(335,106	)		$	(1,098,526	)		$	(572,102	)
	(90,548	)			2,540,234				(738,413	)			3,530,144				4,060,174				1,863,012
	4,298,856				(4,931,123	)			4,409,711				(5,337,545	)			2,548,462				(3,499,086	)
	3,647,190				(2,716,186	)			3,102,271				(2,142,507	)			5,510,110				(2,208,176	)
	83,759,869				62,813,015				178,510,980				80,205,350				284,210,560				146,114,520
	(91,340,087	)			(33,169,010	)			(206,099,725	)			(41,937,333	)			(317,150,238	)			(78,334,945	)
	33,559				21,232				47,610				29,319				77,121				71,856
	(7,546,659	)			29,665,237				(27,541,135	)			38,297,336				(32,862,557	)			67,851,431
$	(3,899,469	)		$	26,949,051			$	(24,438,864	)		$	36,154,829			$	(27,352,447	)		$	65,643,255
$	53,357,562			$	26,408,511			$	69,405,966			$	33,251,137			$	122,885,560			$	57,242,305
$	49,458,093			$	53,357,562			$	44,967,102			$	69,405,966			$	95,533,113			$	122,885,560
	3,175,000				2,275,000				6,300,000				2,750,000				11,400,000				5,800,000
	(3,375,000	)			(1,200,000	)			(7,225,000	)			(1,425,000	)			(12,600,000	)			(3,050,000	)
	(200,000	)			1,075,000				(925,000	)			1,325,000				(1,200,000	)			2,750,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Ultra Buffer ETF - May
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(674,151	)		$	(493,234	)
Net realized gain/(loss)			4,644,961				(88,676	)
Net change in unrealized appreciation/(depreciation)			140,810				(1,124,082	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			4,111,620				(1,705,992	)
Capital Share Transactions:
Proceeds from shares sold			94,363,725				121,467,737
Cost of shares redeemed			(136,405,330	)			(61,062,960	)
Transaction fees (see Note 5)			43,587				60,756
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			(41,998,018	)			60,465,533
Total Increase/(Decrease) in Net Assets		$	(37,886,398	)		$	58,759,541
Net Assets:
Beginning of the period		$	99,393,584			$	40,634,043
End of the period		$	61,507,186			$	99,393,584
Change in Shares Outstanding:
Shares sold			3,550,000				4,550,000
Shares redeemed			(5,075,000	)			(2,200,000	)
Net Increase/(Decrease)			(1,525,000	)			2,350,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - June								Innovator U.S. Equity Ultra Buffer ETF - July								Innovator U.S. Equity Ultra Buffer ETF - August
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(676,027	)		$	(425,885	)		$	(714,624	)		$	(395,628	)		$	(957,627	)		$	(327,182	)
	4,731,034				498,253				8,229,827				(1,277,626	)			12,107,936				(1,402,620	)
	519,503				(783,495	)			(6,333,218	)			77,274				(8,227,601	)			(1,622,835	)
	4,574,510				(711,127	)			1,181,985				(1,595,980	)			2,922,708				(3,352,637	)
	76,443,600				119,789,758				139,395,697				89,725,618				412,903,672				111,274,400
	(121,810,847	)			(25,425,937	)			(52,670,440	)			(67,210,810	)			(154,422,560	)			(72,056,085	)
	44,435				52,913				67,035				41,955				180,017				59,049
	(45,322,812	)			94,416,734				86,792,292				22,556,763				258,661,129				39,277,364
$	(40,748,302	)		$	93,705,607			$	87,974,277			$	20,960,783			$	261,583,837			$	35,924,727
$	114,860,138			$	21,154,531			$	73,649,644			$	52,688,861			$	82,307,526			$	46,382,799
$	74,111,836			$	114,860,138			$	161,623,921			$	73,649,644			$	343,891,363			$	82,307,526
	2,775,000				4,475,000				4,850,000				3,525,000				14,425,000				4,175,000
	(4,400,000	)			(925,000	)			(1,925,000	)			(2,575,000	)			(5,425,000	)			(2,625,000	)
	(1,625,000	)			3,550,000				2,925,000				950,000				9,000,000				1,550,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator U.S. Equity Ultra Buffer ETF - September
		Year Ended October 31, 2023				Year Ended October 31, 2022
Operations:
Net Investment income/(loss)		$	(843,844	)		$	(538,038	)
Net realized gain/(loss)			15,585,594				(2,897,791	)
Net change in unrealized appreciation/(depreciation)			(4,544,846	)			757,056
Net Increase/(Decrease) in Net Assets Resulting from Operations			10,196,904				(2,678,773	)
Capital Share Transactions:
Proceeds from shares sold			103,096,440				154,017,692
Cost of shares redeemed			(182,756,658	)			(59,931,218	)
Transaction fees (see Note 5)			33,775				75,835
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			(79,626,443	)			94,162,309
Total Increase/(Decrease) in Net Assets		$	(69,429,539	)		$	91,483,536
Net Assets:
Beginning of the period		$	158,986,013			$	67,502,477
End of the period		$	89,556,474			$	158,986,013
Change in Shares Outstanding:
Shares sold			3,525,000				5,900,000
Shares redeemed			(6,475,000	)			(2,225,000	)
Net Increase/(Decrease)			(2,950,000	)			3,675,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator U.S. Equity Ultra Buffer ETF - October								Innovator U.S. Equity Ultra Buffer ETF - November								Innovator U.S. Equity Ultra Buffer ETF - December
Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022				Year Ended October 31, 2023				Year Ended October 31, 2022
$	(755,372	)		$	(574,255	)		$	(400,221	)		$	(329,373	)		$	(673,474	)		$	(344,192	)
	15,400,133				(2,697,559	)			5,528,544				(2,208,402	)			2,775,109				(2,071,436	)
	(3,736,511	)			1,775,544				5,694				(9,302	)			2,530,124				(506,813	)
	10,908,250				(1,496,270	)			5,134,017				(2,547,077	)			4,631,759				(2,922,441	)
	70,835,078				152,701,155				23,303,373				80,750,695				124,998,823				30,094,508
	(91,694,255	)			(100,855,685	)			(51,171,567	)			(36,086,448	)			(106,342,178	)			(12,938,490	)
	25,328				53,330				15,815				26,502				58,046				18,723
	(20,833,849	)			51,898,800				(27,852,379	)			44,690,749				18,714,691				17,174,741
$	(9,925,599	)		$	50,402,530			$	(22,718,362	)		$	42,143,672			$	23,346,450			$	14,252,300
$	113,221,009			$	62,818,479			$	53,125,922			$	10,982,250			$	46,311,342			$	32,059,042
$	103,295,410			$	113,221,009			$	30,407,560			$	53,125,922			$	69,657,792			$	46,311,342
	2,350,000				5,775,000				850,000				2,850,000				4,475,000				1,025,000
	(3,125,000	)			(3,800,000	)			(1,750,000	)			(1,300,000	)			(3,700,000	)			(450,000	)
	(775,000	)			1,975,000				(900,000	)			1,550,000				775,000				575,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator Premium Income 10 Barrier ETF - April				Innovator Premium Income 20 Barrier ETF - April
		Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (a)
Operations:
Net Investment income/(loss)		$	200,177			$	587,432
Net realized gain/(loss)			564,526				1,402,776
Net change in unrealized appreciation/(depreciation)			(373,244	)			(751,040	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			391,459				1,239,168
Distributions to Shareholders:
Distributions to shareholders			413,273				1,080,306
Distributions from return of capital			56,909				-
Distribution to shareholders			470,182				1,080,306
Capital Share Transactions:
Proceeds from shares sold			10,547,182				33,265,223
Cost of shares redeemed			(2,465,720	)			(6,879,773	)
Transaction fees (see Note 5)			5,227				18,911
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			8,086,689				26,404,361
Total Increase/(Decrease) in Net Assets		$	8,007,966			$	26,563,223
Net Assets:
Beginning of the period		$	–			$	–
End of the period		$	8,007,966			$	26,563,223
Change in Shares Outstanding:
Shares sold			425,000				1,350,000
Shares redeemed			(100,000	)			(275,000	)
Net Increase/(Decrease)			325,000				1,075,000

 

(a)

Since Commencement of Operations on March 31, 2023.

 

(b)

Since Commencement of Operations on June 30, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator Premium Income 30 Barrier ETF - April				Innovator Premium Income 40 Barrier ETF - April				Innovator Premium Income 10 Barrier ETF - July				Innovator Premium Income 20 Barrier ETF - July				Innovator Premium Income 30 Barrier ETF - July				Innovator Premium Income 40 Barrier ETF - July
Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (b)				Period Ended October 31, 2023 (b)				Period Ended October 31, 2023 (b)				Period Ended October 31, 2023 (b)
$	1,047,609			$	778,051			$	56,707			$	305,873			$	353,370			$	109,414
	1,609,482				1,642,320				–				106,570				211,538				–
	(946,173	)			(1,330,499	)			(72,957	)			(292,130	)			(242,195	)			9,390
	1,710,918				1,089,872				(16,250	)			120,313				322,713				118,804
	1,667,118				1,019,234				56,707				305,873				353,370				114,933
	-				-				34,284				164,147				65,989				-
	1,667,118				1,019,234				90,991				470,020				419,359				114,933
	55,458,505				43,592,020				4,954,963				26,733,505				32,302,587				8,056,353
	(6,790,045	)			(10,455,635	)			–				(1,228,730	)			(3,745,855	)			–
	41,615				45,152				2,973				16,761				27,350				8,056
	48,710,075				33,181,537				4,957,936				25,521,536				28,584,082				8,064,409
$	48,753,875			$	33,252,175			$	4,850,695			$	25,171,829			$	28,487,436			$	8,068,280
$	–			$	–			$	–			$	–			$	–			$	–
$	48,753,875			$	33,252,175			$	4,850,695			$	25,171,829			$	28,487,436			$	8,068,280
	2,250,000				1,775,000				200,000				1,075,000				1,300,000				325,000
	(275,000	)			(425,000	)			–				(50,000	)			(150,000	)			–
	1,975,000				1,350,000				200,000				1,025,000				1,150,000				325,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Statements of Changes in Net Assets

 

		Innovator Premium Income 10 Barrier ETF - October				Innovator Premium Income 20 Barrier ETF - October
		Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (a)
Operations:
Net Investment income/(loss)		$	8,482			$	30,715
Net change in unrealized appreciation/(depreciation)			(15,879	)			(31,054	)
Net Increase/(Decrease) in Net Assets Resulting from Operations			(7,397	)			(339	)
Distributions to Shareholders:
Distributions to shareholders			–				–
Distributions from return of capital			–				–
Distribution to shareholders			–				–
Capital Share Transactions:
Proceeds from shares sold			2,978,255				10,717,485
Transaction fees (see Note 5)			2,360				6,430
Net Increase/(Decrease) in Net Assets from Capital Share Transactions			2,980,615				10,723,915
Total Increase/(Decrease) in Net Assets		$	2,973,218			$	10,723,576
Net Assets:
Beginning of the period		$	–			$	–
End of the period		$	2,973,218			$	10,723,576
Change in Shares Outstanding:
Shares sold			125,000				450,000
Shares redeemed			–				–
Net Increase/(Decrease)			125,000				450,000

 

(a)

Since Commencement of Operations on September 29, 2023.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Innovator Premium Income 30 Barrier ETF - October				Innovator Premium Income 40 Barrier ETF - October				Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly				Innovator U.S. Equity 10 Buffer ETF - Quarterly				Innovator Premium Income 9 Buffer ETF - October				Innovator Premium Income 15 Buffer ETF - October
Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (a)				Period Ended October 31, 2023 (a)
$	36,958			$	22,204			$	(3,740	)		$	(7,047	)		$	6,351			$	17,869
	(28,146	)			(4,560	)			(272,401	)			(39,080	)			(3,249	)			(6,291	)
	8,812				17,644				(276,141	)			(46,127	)			3,102				11,578
	–				–				–				–				6,351				17,869
	–				–				–				–				8,763				18,403
	–				–				–				–				15,114				36,272
	13,700,488				6,537,468				12,884,708				24,930,057				2,373,913				7,123,752
	10,960				6,537				6,122				12,145				1,187				3,562
	13,711,448				6,544,005				12,890,830				24,942,202				2,375,100				7,127,314
$	13,720,260			$	6,561,649			$	12,614,689			$	24,896,075			$	2,363,088			$	7,102,620
$	–			$	–			$	–			$	–			$	–			$	–
$	13,720,260			$	6,561,649			$	12,614,689			$	24,896,075			$	2,363,088			$	7,102,620
	575,000				275,000				500,000				975,000				100,000				300,000
	–				–				–				–				–				–
	575,000				275,000				500,000				975,000				100,000				300,000

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/(loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)				Distributions Paid to Shareholders: Paid from realized gains
Innovator U.S. Equity Buffer ETF - January
For the year ended 10/31/2023		$	33.17				(0.28	)			3.09				2.81				0.01				–
For the year ended 10/31/2022		$	36.87				(0.27	)			(3.45	)			(3.72	)			0.02				–
For the year ended 10/31/2021		$	29.77				(0.27	)			7.35				7.08				0.02				–
For the year ended 10/31/2020		$	29.69				(0.23	)			1.63	(d)			1.40				0.04				(1.36	)
For the period 12/31/2018 (e) - 10/31/2019		$	25.08				(0.19	)			4.75				4.56				0.05				–
Innovator U.S. Equity Buffer ETF - February
For the year ended 10/31/2023		$	29.62				(0.25	)			3.38				3.13				0.01				–
For the year ended 10/31/2022		$	31.63				(0.24	)			(1.79	)			(2.03	)			0.02				–
For the year ended 10/31/2021		$	25.09				(0.23	)			6.75				6.52				0.02				–
For the period 1/31/2020 (e) - 10/31/2020		$	24.52				(0.14	)			0.69				0.55				0.02				–
Innovator U.S. Equity Buffer ETF - March
For the year ended 10/31/2023		$	31.93				(0.27	)			4.06				3.79				0.01				–
For the year ended 10/31/2022		$	34.06				(0.26	)			(1.88	)			(2.14	)			0.01				–
For the year ended 10/31/2021		$	27.92				(0.25	)			6.37				6.12				0.02				–
For the period 2/28/2020 (e) - 10/31/2020		$	26.01				(0.14	)			2.03				1.89				0.02				–
Innovator U.S. Equity Buffer ETF - April
For the year ended 10/31/2023		$	30.83				(0.26	)			3.84				3.58				0.01				–
For the year ended 10/31/2022		$	32.79				(0.25	)			(1.73	)			(1.98	)			0.02				–
For the year ended 10/31/2021		$	28.41				(0.25	)			4.61				4.36				0.02				–
For the year ended 10/31/2020		$	26.64				(0.22	)			1.95				1.73				0.04				–
For the period 3/29/2019 (e) - 10/31/2019		$	24.95				(0.12	)			1.79				1.67				0.02				–

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of Operations due to share transactions for the period.
(e)	Commencement of operations.
(f)	Includes broker interest expense of 0.01%.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
2.82			$	35.99				8.50	%		$	148,460				0.79	%			(0.78	)%			0	%
(3.70	)		$	33.17				(10.03	)%		$	142,636				0.79	%			(0.79	)%			0	%
7.10			$	36.87				23.85	%		$	150,240				0.79	%			(0.79	)%			0	%
0.08			$	29.77				4.99	%		$	125,767				0.79	%			(0.79	)%			0	%
4.61			$	29.69				18.38	%		$	22,267				0.80	% (f)			(0.80	)%			0	%
3.14			$	32.76				10.62	%		$	99,929				0.79	%			(0.78	)%			0	%
(2.01	)		$	29.62				(6.37	)%		$	68,860				0.79	%			(0.79	)%			0	%
6.54			$	31.63				26.08	%		$	86,203				0.79	%			(0.79	)%			0	%
0.57			$	25.09				2.32	%		$	37,008				0.79	%			(0.79	)%			0	%
3.80			$	35.73				11.89	%		$	87,536				0.79	%			(0.78	)%			0	%
(2.13	)		$	31.93				(6.26	)%		$	76,635				0.79	%			(0.79	)%			0	%
6.14			$	34.06				21.98	%		$	62,164				0.79	%			(0.79	)%			0	%
1.91			$	27.92				7.36	%		$	23,735				0.79	%			(0.79	)%			0	%
3.59			$	34.42				11.65	%		$	151,433				0.79	%			(0.78	)%			0	%
(1.96	)		$	30.83				(5.99	)%		$	115,595				0.79	%			(0.79	)%			0	%
4.38			$	32.79				15.40	%		$	122,956				0.79	%			(0.79	)%			0	%
1.77			$	28.41				6.65	%		$	69,609				0.79	%			(0.79	)%			0	%
1.69			$	26.64				6.78	%		$	41,295				0.79	%			(0.79	)%			121	%

 

The accompanying notes are an integral part of these financial statements.

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/(loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)
Innovator U.S. Equity Buffer ETF - May
For the year ended 10/31/2023		$	29.07				(0.24	)			1.76				1.52				0.01
For the year ended 10/31/2022		$	32.55				(0.24	)			(3.26	)			(3.50	)			0.02
For the year ended 10/31/2021		$	27.92				(0.25	)			4.86				4.61				0.02
For the period 4/30/2020 (d) - 10/31/2020		$	25.63				(0.11	)			2.39				2.28				0.01
Innovator U.S. Equity Buffer ETF - June
For the year ended 10/31/2023		$	30.59				(0.25	)			1.96				1.71				0.03
For the year ended 10/31/2022		$	33.96				(0.25	)			(3.14	)			(3.39	)			0.02
For the year ended 10/31/2021		$	29.25				(0.26	)			4.95				4.69				0.02
For the year ended 10/31/2020		$	27.38				(0.22	)			2.03				1.81				0.06
For the period 5/31/2019 (d) - 10/31/2019		$	25.33				(0.09	)			2.11				2.02				0.03
Innovator U.S. Equity Buffer ETF - July
For the year ended 10/31/2023		$	30.83				(0.26	)			3.32				3.06				0.02
For the year ended 10/31/2022		$	32.69				(0.25	)			(1.65	)(h)			(1.90	)			0.04
For the year ended 10/31/2021		$	27.94				(0.25	)			4.97				4.72				0.03
For the year ended 10/31/2020		$	26.55				(0.21	)			1.56				1.35				0.04
For the year ended 10/31/2019		$	24.61				(0.21	)			2.09				1.88				0.06
Innovator U.S. Equity Buffer ETF - August
For the year ended 10/31/2023		$	30.00				(0.25	)			2.74				2.49				0.02
For the year ended 10/31/2022		$	32.65				(0.25	)			(2.43	)			(2.68	)			0.03
For the year ended 10/31/2021		$	27.49				(0.24	)			5.38				5.14				0.02
For the year ended 10/31/2020		$	25.53				(0.21	)			2.15				1.94				0.02
For the period 7/31/2019 (d) - 10/31/2019		$	25.04				(0.05	)			0.52				0.47				0.02

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.
(e)	Includes broker interest expense of 0.01%.
(f)	The total return for the period includes the impact of financial statement adjustments. This return differs from the actual performance a shareholder experienced over the period.
(g)	Includes extraordinary expense of 0.01%.
(h)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of Operations due to share transactions for the period.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
1.53			$	30.60				5.29	%		$	110,940				0.79	%			(0.78	)%			0	%
(3.48	)		$	29.07				(10.70	)%		$	175,858				0.79	%			(0.79	)%			0	%
4.63			$	32.55				16.58	%		$	82,190				0.79	%			(0.79	)%			0	%
2.29			$	27.92				8.94	%		$	16,055				0.79	%			(0.79	)%			0	%
1.74			$	32.33				5.69	%		$	101,031				0.79	%			(0.78	)%			0	%
(3.37	)		$	30.59				(9.93	)%		$	76,474				0.79	%			(0.79	)%			0	%
4.71			$	33.96				16.12	%		$	81,509				0.79	%			(0.79	)%			0	%
1.87			$	29.25				6.81	%		$	32,172				0.79	%			(0.79	)%			0	%
2.05			$	27.38				8.10	%		$	4,792				0.80	%(e)			(0.80	)%			0	%
3.08			$	33.91				9.98	%		$	341,615				0.79	%			(0.78	)%			0	%
(1.86	)		$	30.83				(5.69	)%		$	170,341				0.79	%			(0.79	)%			0	%
4.75			$	32.69				17.53	%		$	183,066				0.79	%			(0.79	)%			0	%
1.39			$	27.94				5.24	%(f)		$	67,755				0.79	%			(0.79	)%			4	%
1.94			$	26.55				7.89	%		$	83,639				0.81	%(e)(g)			(0.80	)%			106	%
2.51			$	32.51				8.35	%		$	182,037				0.79	%			(0.77	)%			0	%
(2.65	)		$	30.00				(8.13	)%		$	102,754				0.79	%			(0.79	)%			0	%
5.16			$	32.65				18.81	%		$	86,535				0.79	%			(0.79	)%			0	%
1.96			$	27.49				7.68	%		$	48,099				0.79	%			(0.79	)%			0	%
0.49			$	25.53				1.94	%		$	47,221				0.79	%			(0.79	)%			0	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/(loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)				Distributions Paid to Shareholders: Paid from realized gains
Innovator U.S. Equity Buffer ETF - September
For the year ended 10/31/2023		$	30.33				(0.25	)			3.05				2.80				0.01				–
For the year ended 10/31/2022		$	32.66				(0.25	)			(2.10	)			(2.35	)			0.02				–
For the year ended 10/31/2021		$	26.40				(0.24	)			6.47				6.23				0.03				–
For the year ended 10/31/2020		$	25.31				(0.21	)			1.59	(d)			1.38				0.07				(0.36	)
For the period 8/30/2019 (e) - 10/31/2019		$	24.59				(0.03	)			0.73				0.70				0.02				–
Innovator U.S. Equity Buffer ETF - October
For the year ended 10/31/2023		$	31.43				(0.26	)			3.76				3.50				0.01				–
For the year ended 10/31/2022		$	33.90				(0.26	)			(2.24	)			(2.50	)			0.03				–
For the year ended 10/31/2021		$	27.26				(0.25	)			6.88				6.63				0.01				–
For the year ended 10/31/2020		$	25.18				(0.20	)			2.31				2.11				0.02				(0.05	)
For the year ended 10/31/2019		$	23.42				(0.20	)			1.92				1.72				0.04				–
Innovator U.S. Equity Buffer ETF - November
For the year ended 10/31/2023		$	29.74				(0.25	)			2.47				2.22				0.01				–
For the year ended 10/31/2022		$	32.21				(0.24	)			(2.25	)			(2.49	)			0.02				–
For the year ended 10/31/2021		$	27.31				(0.24	)			5.12				4.88				0.02				–
For the year ended 10/31/2020		$	25.53				(0.20	)			1.92				1.72				0.06				–
For the period 10/31/2019 (e) - 10/31/2019		$	25.53				–				–				–				–				–
Innovator U.S. Equity Buffer ETF - December
For the year ended 10/31/2023		$	31.67				(0.27	)			2.84				2.57				0.02				–
For the year ended 10/31/2022		$	34.04				(0.26	)			(2.14	)			(2.40	)			0.03				–
For the year ended 10/31/2021		$	27.73				(0.25	)			6.53				6.28				0.03				–
For the period 11/29/2019 (e) - 10/31/2020		$	26.40				(0.19	)			1.47				1.28				0.05				–

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of Operations due to share transactions for the period.
(e)	Commencement of operations.
(f)	Includes broker interest expense of 0.01%.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
2.81			$	33.14				9.26	%		$	178,109				0.79	%			(0.78	)%			0	%
(2.33	)		$	30.33				(7.13	)%		$	166,049				0.79	%			(0.79	)%			0	%
6.26			$	32.66				23.68	%		$	156,749				0.79	%			(0.79	)%			0	%
1.09			$	26.40				5.81	%		$	77,892				0.79	%			(0.79	)%			0	%
0.72			$	25.31				2.91	%		$	4,429				0.79	%			(0.79	)%			186	%
3.51			$	34.94				11.18	%		$	171,230				0.79	%			(0.78	)%			0	%
(2.47	)		$	31.43				(7.29	)%		$	226,302				0.79	%			(0.79	)%			0	%
6.64			$	33.90				24.34	%		$	111,875				0.79	%			(0.79	)%			0	%
2.08			$	27.26				8.51	%		$	73,613				0.79	%			(0.79	)%			0	%
1.76			$	25.18				7.48	%		$	173,098				0.80	%(f)			(0.80	)%			25	%
2.23			$	31.97				7.49	%		$	83,924				0.79	%			(0.78	)%			0	%
(2.47	)		$	29.74				(7.65	)%		$	61,710				0.79	%			(0.79	)%			0	%
4.90			$	32.21				17.93	%		$	30,599				0.79	%			(0.79	)%			0	%
1.78			$	27.31				7.00	%		$	15,023				0.79	%			(0.79	)%			0	%
–			$	25.53				–			$	2,553				–				–				–	%
2.59			$	34.26				8.18	%		$	95,930				0.79	%			(0.78	)%			0	%
(2.37	)		$	31.67				(6.97	)%		$	103,722				0.79	%			(0.79	)%			0	%
6.31			$	34.04				22.76	%		$	57,874				0.79	%			(0.79	)%			0	%
1.33			$	27.73				5.04	%		$	24,958				0.79	%			(0.79	)%			146	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/(loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)				Distributions Paid to Shareholders: Paid from realized gains
Innovator U.S. Equity Power Buffer ETF - January		0
For the year ended 10/31/2023		$	31.17				(0.26	)			3.33				3.07				0.01				–
For the year ended 10/31/2022		$	33.10				(0.25	)			(1.70	)			(1.95	)			0.02				–
For the year ended 10/31/2021		$	29.08				(0.25	)			4.25				4.00				0.02				–
For the year ended 10/31/2020		$	28.13				(0.22	)			1.14				0.92				0.03				–
For the period 12/31/2018 (d) - 10/31/2019		$	25.08				(0.18	)			3.20				3.02				0.03				–
Innovator U.S. Equity Power Buffer ETF - February			0
For the year ended 10/31/2023		$	27.84				(0.23	)			2.40				2.17				0.01				–
For the year ended 10/31/2022		$	29.01				(0.22	)			(0.97	)			(1.19	)			0.02				–
For the year ended 10/31/2021		$	25.03				(0.22	)			4.18				3.96				0.02				–
For the period 1/31/2020 (d) - 10/31/2020		$	24.52				(0.14	)			0.63				0.49				0.02				–
Innovator U.S. Equity Power Buffer ETF - March			0
For the year ended 10/31/2023		$	30.38				(0.25	)			3.04				2.79				0.01				–
For the year ended 10/31/2022		$	31.23				(0.24	)			(0.63	)			(0.87	)			0.02				–
For the year ended 10/31/2021		$	27.39				(0.24	)			4.06				3.82				0.02				–
For the period 2/28/2020 (d) - 10/31/2020		$	26.01				(0.14	)			1.50				1.36				0.02				–
Innovator U.S. Equity Power Buffer ETF - April			0
For the year ended 10/31/2023		$	27.80				(0.23	)			2.65				2.42				0.02				–
For the year ended 10/31/2022		$	29.04				(0.22	)			(1.04	)			(1.26	)			0.02				–
For the year ended 10/31/2021		$	26.54				(0.22	)			2.70				2.48				0.02				–
For the year ended 10/31/2020		$	26.31				(0.20	)			1.20				1.00				0.03				(0.80	)
For the period 3/29/2019 (d) - 10/31/2019		$	24.95				(0.12	)			1.46				1.34				0.02				–

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
3.08			$	34.25				9.91	%		$	569,465				0.79	%			(0.78	)%			0	%
(1.93	)		$	31.17				(5.83	)%		$	448,795				0.79	%			(0.79	)%			0	%
4.02			$	33.10				13.82	%		$	294,561				0.79	%			(0.79	)%			0	%
0.95			$	29.08				3.38	%		$	288,597				0.79	%			(0.79	)%			0	%
3.05			$	28.13				12.15	%		$	67,507				0.79	%			(0.79	)%			0	%
2.18			$	30.02				7.84	%		$	442,802				0.79	%			(0.78	)%			0	%
(1.17	)		$	27.84				(4.02	)%		$	239,416				0.79	%			(0.79	)%			0	%
3.98			$	29.01				15.90	%		$	170,407				0.79	%			(0.79	)%			0	%
0.51			$	25.03				2.06	%		$	115,121				0.79	%			(0.79	)%			0	%
2.80			$	33.18				9.24	%		$	377,427				0.79	%			(0.78	)%			0	%
(0.85	)		$	30.38				(2.72	)%		$	226,295				0.79	%			(0.79	)%			0	%
3.84			$	31.23				14.01	%		$	117,875				0.79	%			(0.79	)%			0	%
1.38			$	27.39				5.30	%		$	71,895				0.79	%			(0.79	)%			0	%
2.44			$	30.24				8.78	%		$	579,804				0.79	%			(0.78	)%			0	%
(1.24	)		$	27.80				(4.29	)%		$	308,534				0.79	%			(0.79	)%			0	%
2.50			$	29.04				9.45	%		$	242,503				0.79	%			(0.79	)%			0	%
0.23			$	26.54				4.00	%		$	187,078				0.79	%			(0.79	)%			0	%
1.36			$	26.31				5.44	%		$	129,561				0.79	%			(0.79	)%			126	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/(loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)				Distributions Paid to Shareholders: Paid from realized gains
Innovator U.S. Equity Power Buffer ETF - May
For the year ended 10/31/2023		$	28.02				(0.23	)			1.38				1.15				0.02				–
For the year ended 10/31/2022		$	30.23				(0.23	)			(2.00	)			(2.23	)			0.02				–
For the year ended 10/31/2021		$	27.34				(0.23	)			3.10				2.87				0.02				–
For the period 4/30/2020 (d) - 10/31/2020		$	25.63				(0.11	)			1.80				1.69				0.02				–
Innovator U.S. Equity Power Buffer ETF - June
For the year ended 10/31/2023		$	29.69				(0.24	)			1.58				1.34				0.01				–
For the year ended 10/31/2022		$	31.87				(0.24	)			(1.96	)			(2.20	)			0.02				–
For the year ended 10/31/2021		$	28.88				(0.24	)			3.20				2.96				0.03				–
For the year ended 10/31/2020		$	26.74				(0.22	)			2.30				2.08				0.06				–
For the period 5/31/2019 (d) - 10/31/2019		$	25.33				(0.09	)			1.48				1.39				0.02				–
Innovator U.S. Equity Power Buffer ETF - July
For the year ended 10/31/2023		$	29.90				(0.25	)			3.64				3.39				0.02				–
For the year ended 10/31/2022		$	30.38				(0.24	)			(0.27	)(e)			(0.51	)			0.03				–
For the year ended 10/31/2021		$	27.43				(0.23	)			3.16				2.93				0.02				–
For the year ended 10/31/2020		$	26.36				(0.21	)			1.46				1.25				0.04				(0.22	)
For the year ended 10/31/2019		$	24.75				(0.20	)			1.77				1.57				0.04				–
Innovator U.S. Equity Power Buffer ETF - August
For the year ended 10/31/2023		$	28.21				(0.23	)			2.69				2.46				0.02				–
For the year ended 10/31/2022		$	30.00				(0.23	)			(1.58	)			(1.81	)			0.02				–
For the year ended 10/31/2021		$	26.86				(0.23	)			3.35				3.12				0.02				–
For the year ended 10/31/2020		$	25.45				(0.21	)			1.93				1.72				0.03				(0.34	)
For the period 7/31/2019 (d) - 10/31/2019		$	25.04				(0.05	)			0.44				0.39				0.02				–

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.
(e)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of Operations due to share transactions for the period.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
1.17			$	29.19				4.19	%		$	459,063				0.79	%			(0.78	)%			0	%
(2.21	)		$	28.02				(7.30	)%		$	392,967				0.79	%			(0.79	)%			0	%
2.89			$	30.23				10.54	%		$	238,780				0.79	%			(0.79	)%			0	%
1.71			$	27.34				6.69	%		$	65,626				0.79	%			(0.79	)%			0	%
1.35			$	31.04				4.54	%		$	521,398				0.79	%			(0.78	)%			0	%
(2.18	)		$	29.69				(6.84	)%		$	344,365				0.79	%			(0.79	)%			0	%
2.99			$	31.87				10.34	%		$	152,966				0.79	%			(0.79	)%			0	%
2.14			$	28.88				8.00	%		$	94,588				0.79	%			(0.79	)%			0	%
1.41			$	26.74				5.58	%		$	20,057				0.79	%			(0.79	)%			0	%
3.41			$	33.31				11.41	%		$	999,374				0.79	%			(0.78	)%			0	%
(0.48	)		$	29.90				(1.59	)%		$	503,828				0.79	%			(0.79	)%			0	%
2.95			$	30.38				10.78	%		$	218,755				0.79	%			(0.79	)%			0	%
1.07			$	27.43				4.89	%		$	111,759				0.79	%			(0.79	)%			15	%
1.61			$	26.36				6.53	%		$	92,273				0.79	%			(0.79	)%			137	%
2.48			$	30.69				8.82	%		$	886,281				0.79	%			(0.78	)%			0	%
(1.79	)		$	28.21				(5.98	)%		$	435,772				0.79	%			(0.79	)%			0	%
3.14			$	30.00				11.68	%		$	185,991				0.79	%			(0.79	)%			0	%
1.41			$	26.86				6.95	%		$	109,458				0.79	%			(0.79	)%			0	%
0.41			$	25.45				1.65	%		$	116,446				0.79	%			(0.79	)%			0	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/(loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)				Distributions Paid to Shareholders: Paid from realized gains
Innovator U.S. Equity Power Buffer ETF - September
For the year ended 10/31/2023		$	29.10				(0.24	)			3.17				2.93				0.01				–
For the year ended 10/31/2022		$	29.97				(0.23	)			(0.67	)			(0.90	)			0.03				–
For the year ended 10/31/2021		$	26.01				(0.23	)			4.17				3.94				0.02				–
For the year ended 10/31/2020		$	25.15				(0.21	)			1.01	(d)			0.80				0.06				–
For the period 8/30/2019 (e) - 10/31/2019		$	24.59				(0.03	)			0.58				0.55				0.01				–
Innovator U.S. Equity Power Buffer ETF – October
For the year ended 10/31/2023		$	29.72				(0.25	)			4.12				3.87				0.01				–
For the year ended 10/31/2022		$	30.04				(0.23	)			(0.13	)(d)			(0.36	)			0.04				–
For the year ended 10/31/2021		$	26.02				(0.23	)			4.23				4.00				0.02				–
For the year ended 10/31/2020		$	25.16				(0.20	)			1.60				1.40				0.02				(0.56	)
For the year ended 10/31/2019		$	23.54				(0.20	)			1.79				1.59				0.03				–
Innovator U.S. Equity Power Buffer ETF - November
For the year ended 10/31/2023		$	30.01				(0.25	)			2.49				2.24				0.01				–
For the year ended 10/31/2022		$	30.52				(0.23	)			(0.31	)			(0.54	)			0.03				–
For the year ended 10/31/2021		$	27.30				(0.23	)			3.44				3.21				0.01				–
For the year ended 10/31/2020		$	25.53				(0.21	)			1.94				1.73				0.04				–
For the period 10/31/2019 (e) - 10/31/2019		$	25.53				–				–				–				–				–
Innovator U.S. Equity Power Buffer ETF - December
For the year ended 10/31/2023		$	30.03				(0.25	)			1.84				1.59				0.02				–
For the year ended 10/31/2022		$	31.01				(0.24	)			(0.75	)			(0.99	)			0.01				–
For the year ended 10/31/2021		$	27.42				(0.24	)			3.80				3.56				0.03				–
For the period 11/29/2019 (e) - 10/31/2020		$	26.40				(0.19	)			1.17				0.98				0.04				–

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of Operations due to share transactions for the period.
(e)	Commencement of operations.
(f)	Includes broker interest expense of 0.01%.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
2.94			$	32.04				10.09	%		$	691,242				0.79	%			(0.78	)%			0	%
(0.87	)		$	29.10				(2.90	)%		$	547,143				0.79	%			(0.79	)%			0	%
3.96			$	29.97				15.24	%		$	303,473				0.79	%			(0.79	)%			0	%
0.86			$	26.01				3.40	%		$	287,388				0.79	%			(0.79	)%			3	%
0.56			$	25.15				2.29	%		$	20,122				0.79	%			(0.79	)%			127	%
3.88			$	33.60				13.04	%		$	725,754				0.79	%			(0.78	)%			0	%
(0.32	)		$	29.72				(1.05	)%		$	649,488				0.79	%			(0.79	)%			0	%
4.02			$	30.04				15.44	%		$	209,533				0.79	%			(0.79	)%			0	%
0.86			$	26.02				5.74	%		$	189,967				0.79	%			(0.79	)%			0	%
1.62			$	25.16				6.90	%		$	311,363				0.80	%(f)			(0.79	)%			3	%
2.25			$	32.26				7.50	%		$	623,382				0.79	%			(0.78	)%			0	%
(0.51	)		$	30.01				(1.67	)%		$	317,389				0.79	%			(0.79	)%			0	%
3.22			$	30.52				11.80	%		$	79,343				0.79	%			(0.79	)%			0	%
1.77			$	27.30				6.94	%		$	38,217				0.79	%			(0.79	)%			0	%
–			$	25.53				–			$	2,553				–				–				–	%
1.61			$	31.64				5.38	%		$	563,211				0.79	%			(0.77	)%			0	%
(0.98	)		$	30.03				(3.16	)%		$	207,929				0.79	%			(0.79	)%			0	%
3.59			$	31.01				13.10	%		$	108,520				0.79	%			(0.79	)%			0	%
1.02			$	27.42				3.85	%		$	65,111				0.79	%			(0.79	)%			141	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/ (loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)				Distributions Paid to Shareholders: Paid from realized gains
Innovator U.S. Equity Ultra Buffer ETF - January
For the year ended 10/31/2023		$	29.55				(0.24	)			2.86				2.62				0.01				–
For the year ended 10/31/2022		$	31.37				(0.23	)			(1.62	)			(1.85	)			0.03				–
For the year ended 10/31/2021		$	28.36				(0.24	)			3.23				2.99				0.02				–
For the year ended 10/31/2020		$	27.69				(0.22	)			0.86				0.64				0.03				–
For the period 12/31/2018 (d) - 10/31/2019		$	25.08				(0.18	)			2.77				2.59				0.02				–
Innovator U.S. Equity Ultra Buffer ETF - February
For the year ended 10/31/2023		$	26.35				(0.21	)			0.95				0.74				0.01				–
For the year ended 10/31/2022		$	27.80				(0.21	)			(1.25	)			(1.46	)			0.01				–
For the year ended 10/31/2021		$	24.91				(0.21	)			3.08				2.87				0.02				–
For the period 1/31/2020 (d) - 10/31/2020		$	24.52				(0.14	)			0.50				0.36				0.03				–
Innovator U.S. Equity Ultra Buffer ETF - March
For the year ended 10/31/2023		$	28.33				(0.23	)			1.37				1.14				0.02				–
For the year ended 10/31/2022		$	29.56				(0.23	)			(1.02	)			(1.25	)			0.02				–
For the year ended 10/31/2021		$	26.93				(0.23	)			2.84				2.61				0.02				–
For the period 2/28/2020 (d) - 10/31/2020		$	26.01				(0.14	)			1.03				0.89				0.03				–
Innovator U.S. Equity Ultra Buffer ETF - April
For the year ended 10/31/2023		$	24.83				(0.20	)			0.84				0.64				0.01				–
For the year ended 10/31/2022		$	26.02				(0.20	)			(1.01	)			(1.21	)			0.02				–
For the year ended 10/31/2021		$	24.47				(0.20	)			1.72				1.52				0.03				–
For the year ended 10/31/2020		$	26.22				(0.19	)			(1.01	)(e)			(1.20	)			0.02				(0.57	)
For the period 3/29/2019 (d) - 10/31/2019		$	24.95				(0.12	)			1.37				1.25				0.02				–

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.
(e)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of Operations due to share transactions for the period.

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/ (loss)				Portfolio turnover rate (c)
2.63			$	32.18				8.93	%		$	115,864				0.79	%			(0.79	)%			0	%
(1.82	)		$	29.55				(5.82	)%		$	283,638				0.79	%			(0.79	)%			0	%
3.01			$	31.37				10.62	%		$	86,274				0.79	%			(0.79	)%			0	%
0.67			$	28.36				2.44	%		$	112,023				0.79	%			(0.79	)%			0	%
2.61			$	27.69				10.39	%		$	30,455				0.79	%			(0.79	)%			0	%
0.75			$	27.10				2.85	%		$	49,458				0.79	%			(0.78	)%			0	%
(1.45	)		$	26.35				(5.21	)%		$	53,358				0.79	%			(0.79	)%			0	%
2.89			$	27.80				11.61	%		$	26,409				0.79	%			(0.79	)%			0	%
0.39			$	24.91				1.58	%		$	31,757				0.79	%			(0.79	)%			0	%
1.16			$	29.49				4.09	%		$	44,967				0.79	%			(0.79	)%			0	%
(1.23	)		$	28.33				(4.15	)%		$	69,406				0.79	%			(0.79	)%			0	%
2.63			$	29.56				9.76	%		$	33,251				0.79	%			(0.79	)%			0	%
0.92			$	26.93				3.53	%		$	28,275				0.79	%			(0.79	)%			0	%
0.65			$	25.48				2.62	%		$	95,533				0.79	%			(0.78	)%			0	%
(1.19	)		$	24.83				(4.59	)%		$	122,886				0.79	%			(0.78	)%			0	%
1.55			$	26.02				6.31	%		$	57,242				0.79	%			(0.79	)%			0	%
(1.75	)		$	24.47				(4.59	)%		$	30,594				0.79	%			(0.79	)%			0	%
1.27			$	26.22				5.07	%		$	19,006				0.79	%			(0.79	)%			106	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/(loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)				Distributions Paid to Shareholders: Paid from realized gains
Innovator U.S. Equity Ultra Buffer ETF - May
For the year ended 10/31/2023		$	26.33				(0.21	)			1.21				1.00				0.01				–
For the year ended 10/31/2022		$	28.52				(0.21	)			(2.01	)			(2.22	)			0.03				–
For the year ended 10/31/2021		$	26.67				(0.22	)			2.05				1.83				0.02				–
For the period 4/30/2020 (d) - 10/31/2020		$	25.63				(0.11	)			1.14				1.03				0.01				–
Innovator U.S. Equity Ultra Buffer ETF - June
For the year ended 10/31/2023		$	26.87				(0.22	)			1.31				1.09				0.01				–
For the year ended 10/31/2022		$	29.18				(0.21	)			(2.13	)(f)			(2.34	)			0.03				–
For the year ended 10/31/2021		$	27.24				(0.23	)			2.14				1.91				0.03				–
For the year ended 10/31/2020		$	26.65				(0.21	)			1.74				1.53				0.08				(1.02	)
For the period 5/31/2019 (d) - 10/31/2019		$	25.33				(0.09	)			1.37				1.28				0.04				–
Innovator U.S. Equity Ultra Buffer ETF - July
For the year ended 10/31/2023		$	25.62				(0.21	)			2.44				2.23				0.02				–
For the year ended 10/31/2022		$	27.37				(0.21	)			(1.56	)			(1.77	)			0.02				–
For the year ended 10/31/2021		$	25.54				(0.21	)			2.02				1.81				0.02				–
For the year ended 10/31/2020		$	26.31				(0.20	)			1.01				0.81				0.04				(1.62	)
For the year ended 10/31/2019		$	24.68				(0.20	)			1.78				1.58				0.05				–
Innovator U.S. Equity Ultra Buffer ETF - August
For the year ended 10/31/2023		$	26.13				(0.21	)			2.34				2.13				0.04				–
For the year ended 10/31/2022		$	28.99				(0.22	)			(2.68	)			(2.90	)			0.04				–
For the year ended 10/31/2021		$	26.87				(0.22	)			2.32				2.10				0.02				–
For the year ended 10/31/2020		$	25.45				(0.21	)			1.81				1.60				0.03				(0.21	)
For the period 7/31/2019 (d) - 10/31/2019		$	25.04				(0.05	)			0.44				0.39				0.02				–

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.
(e)	Includes broker interest expense of 0.01%.
(f)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of operations due to share transactions for the period.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
1.01			$	27.34				3.83	%		$	61,507				0.79	%			(0.78	)%			0	%
(2.19	)		$	26.33				(7.67	)%		$	99,394				0.79	%			(0.79	)%			0	%
1.85			$	28.52				6.91	%		$	40,634				0.79	%			(0.79	)%			0	%
1.04			$	26.67				4.06	%		$	10,669				0.79	%			(0.79	)%			0	%
1.10			$	27.97				4.09	%		$	74,112				0.79	%			(0.78	)%			0	%
(2.31	)		$	26.87				(7.92	)%		$	114,860				0.79	%			(0.79	)%			0	%
1.94			$	29.18				7.10	%		$	21,155				0.79	%			(0.79	)%			0	%
0.59			$	27.24				6.26	%		$	14,984				0.79	%			(0.79	)%			0	%
1.32			$	26.65				5.19	%		$	2,665				0.80	%(e)			(0.80	)%			0	%
2.25			$	27.87				8.78	%		$	161,624				0.79	%			(0.77	)%			0	%
(1.75	)		$	25.62				(6.41	)%		$	73,650				0.79	%			(0.79	)%			0	%
1.83			$	27.37				7.18	%		$	52,689				0.79	%			(0.79	)%			0	%
(0.77	)		$	25.54				3.37	%		$	39,583				0.79	%			(0.79	)%			1	%
1.63			$	26.31				6.62	%		$	38,809				0.79	%			(0.79	)%			27	%
2.17			$	28.30				8.32	%		$	343,891				0.79	%			(0.77	)%			0	%
(2.86	)		$	26.13				(9.87	)%		$	82,308				0.79	%			(0.79	)%			0	%
2.12			$	28.99				7.89	%		$	46,383				0.79	%			(0.79	)%			0	%
1.42			$	26.87				6.46	%		$	45,679				0.79	%			(0.79	)%			0	%
0.41			$	25.45				1.64	%		$	18,452				0.79	%			(0.79	)%			0	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/ (loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)				Distributions Paid to Shareholders: Paid from realized gains
Innovator U.S. Equity Ultra Buffer ETF - September
For the year ended 10/31/2023		$	26.28				(0.22	)			2.82				2.60				0.01				–
For the year ended 10/31/2022		$	28.42				(0.21	)			(1.96	)			(2.17	)			0.03				–
For the year ended 10/31/2021		$	25.83				(0.22	)			2.78				2.56				0.03				–
For the year ended 10/31/2020		$	25.02				(0.20	)			1.09				0.89				0.08				(0.16	)
For the period 8/30/2019 (d) - 10/31/2019		$	24.59				(0.03	)			0.43				0.40				0.03				–
Innovator U.S. Equity Ultra Buffer ETF - October
For the year ended 10/31/2023		$	26.96				(0.22	)			3.41				3.19				0.01				–
For the year ended 10/31/2022		$	28.23				(0.22	)			(1.07	)			(1.29	)			0.02				–
For the year ended 10/31/2021		$	25.70				(0.22	)			2.74				2.52				0.01				–
For the year ended 10/31/2020		$	25.05				(0.20	)			1.41				1.21				0.02				(0.58	)
For the year ended 10/31/2019		$	23.64				(0.19	)			1.58				1.39				0.02				–
Innovator U.S. Equity Ultra Buffer ETF - November
For the year ended 10/31/2023		$	27.60				(0.23	)			2.29				2.06				0.01				–
For the year ended 10/31/2022		$	29.29				(0.22	)			(1.49	)			(1.71	)			0.02				–
For the year ended 10/31/2021		$	27.28				(0.23	)			2.22				1.99				0.02				–
For the year ended 10/31/2020		$	25.53				(0.21	)			1.94				1.73				0.02				–
For the period 10/31/2019 (d) - 10/31/2019		$	25.53				–				–				–				–				–
Innovator U.S. Equity Ultra Buffer ETF - December
For the year ended 10/31/2023		$	28.07				(0.22	)			0.85	(f)			0.63				0.02				–
For the year ended 10/31/2022		$	29.82				(0.23	)			(1.53	)			(1.76	)			0.01				–
For the year ended 10/31/2021		$	27.15				0.23				2.87				2.64				0.03				–
For the period 11/29/2019 (d) - 10/31/2020		$	26.40				(0.19	)			0.91				0.72				0.03				–

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.
(e)	Includes broker interest expense of 0.01%.
(f)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of Operations due to share transactions for the period.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
2.61			$	28.89				9.93	%		$	89,556				0.79	%			(0.78	)%			0	%
(2.14	)		$	26.28				(7.54	)%		$	158,986				0.79	%			(0.79	)%			0	%
2.59			$	28.42				10.03	%		$	67,502				0.79	%			(0.79	)%			0	%
0.81			$	25.83				3.90	%		$	65,221				0.79	%			(0.79	)%			35	%
0.43			$	25.02				1.76	%		$	5,005				0.79	%			(0.79	)%			152	%
3.20			$	30.16				11.88	%		$	103,295				0.79	%			(0.78	)%			0	%
(1.27	)		$	26.96				(4.52	)%		$	113,221				0.79	%			(0.79	)%			0	%
2.53			$	28.23				9.85	%		$	62,818				0.79	%			(0.79	)%			0	%
0.65			$	25.70				5.00	%		$	105,376				0.79	%			(0.79	)%			0	%
1.41			$	25.05				5.98	%		$	135,912				0.80	%(e)			(0.79	)%			4	%
2.07			$	29.67				7.48	%		$	30,408				0.79	%			(0.78	)%			0	%
(1.69	)		$	27.60				(5.76	)%		$	53,126				0.79	%			(0.79	)%			0	%
2.01			$	29.29				7.36	%		$	10,982				0.79	%			(0.79	)%			0	%
1.75			$	27.28				6.88	%		$	8,867				0.79	%			(0.79	)%			0	%
–			$	25.53				–			$	2,553				–				–				–	%
0.65			$	28.72				2.34	%		$	69,658				0.79	%			(0.78	)%			0	%
(1.75	)		$	28.07				(5.88	)%		$	46,311				0.79	%			(0.79	)%			0	%
2.67			$	29.82				9.85	%		$	32,059				0.79	%			(0.79	)%			0	%
0.75			$	27.15				2.84	%		$	23,756				0.79	%			(0.79	)%			160	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/ (loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)
Innovator Premium Income 10 Barrier ETF - April
For the period 3/31/2023 (d) - 10/31/2023		$	24.46				0.61				0.69				1.30				0.02
Innovator Premium Income 20 Barrier ETF - April
For the period 3/31/2023 (d) - 10/31/2023		$	24.46				0.59				0.61				1.20				0.02
Innovator Premium Income 30 Barrier ETF - April
For the period 3/31/2023 (d) - 10/31/2023		$	24.46				0.58				0.43				1.01				0.02
Innovator Premium Income 40 Barrier ETF - April
For the period 3/31/2023 (d) - 10/31/2023		$	24.46				0.56				0.25				0.81				0.03

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

															Ratios/Supplemental Data:
Distributions Paid to Shareholders:																															Ratio to Average Net Assets of: (a)
Paid from net investment income			Paid from realized capital gains				Paid from return of capital				Total Distributions Paid				Change in Net Asset Value for the Period				Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
(0.68	)			(0.32	)			(0.14	)			(1.14	)			0.18			$	24.64				5.44	%		$	8,008				0.79	%			4.27	%			0	%
(0.79	)			(0.18	)			-				(0.97	)			0.25			$	24.71				5.04	%		$	26,563				0.79	%			4.10	%			0	%
(0.66	)			(0.14	)			-				(0.80	)			0.23			$	24.69				4.23	%		$	48,754				0.79	%			4.08	%			0	%
(0.62	)			(0.05	)			-				(0.67	)			0.17			$	24.63				3.49	%		$	33,252				0.79	%			3.98	%			0	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/ (loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)
Innovator Premium Income 10 Barrier ETF - July
For the period 6/30/2023 (d) - 10/31/2023		$	24.73				0.40				(0.38	)			0.02				0.02
Innovator Premium Income 20 Barrier ETF - July
For the period 6/30/2023 (d) - 10/31/2023		$	24.72				0.39				(0.11	)(e)			0.28				0.02
Innovator Premium Income 30 Barrier ETF - July
For the period 6/30/2023 (d) - 10/31/2023		$	24.73				0.39				0.02	(e)			0.41				0.03
Innovator Premium Income 40 Barrier ETF - July
For the period 6/30/2023 (d) - 10/31/2023		$	24.73				0.39				0.03				0.42				0.03

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.
(e)	Net realized and unrealized gain/(loss) per share includes balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gain/(loss) in the Statement of Operations due to share transactions for the period.
(f)	Amount represents less than $0.01 per share.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

															Ratios/Supplemental Data:
Distributions Paid to Shareholders:																															Ratio to Average Net Assets of: (a)
Paid from net investment income			Paid from realized capital gains				Paid from return of capital				Total Distributions Paid				Change in Net Asset Value for the Period				Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/(loss)				Portfolio turnover rate (c)
(0.32	)			-				(0.20	)			(0.52	)			(0.48	)		$	24.25				0.17	%		$	4,851				0.79	%			4.94	%			0	%
(0.30	)			-				(0.16	)			(0.46	)			(0.16	)		$	24.56				1.20	%		$	25,172				0.79	%			4.86	%			0	%
(0.34	)			-				(0.06	)			(0.40	)			0.04			$	24.77				1.79	%		$	28,487				0.79	%			4.77	%			0	%
(0.35	)			-	(f)			-				(0.35	)			0.10			$	24.83				1.82	%		$	8,068				0.79	%			4.77	%			0	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/ (loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)
Innovator Premium Income 10 Barrier ETF - October
For the period 9/29/2023 (d) - 10/31/2023		$	23.82				0.09				(0.15	)			(0.06	)			0.03
Innovator Premium Income 20 Barrier ETF - October
For the period 9/29/2023 (d) - 10/31/2023		$	23.82				0.09				(0.10	)			(0.01	)			0.02
Innovator Premium Income 30 Barrier ETF - October
For the period 9/29/2023 (d) - 10/31/2023		$	23.82				0.09				(0.08	)			0.01				0.03
Innovator Premium Income 40 Barrier ETF - October
For the period 9/29/2023 (d) - 10/31/2023		$	23.82				0.09				(0.08	)			0.01				0.03

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

							Ratios/Supplemental Data:
															Ratio to Average Net Assets of: (a)
Change in Net Asset Value for the Period			Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/ (loss)				Portfolio turnover rate (c)
(0.03	)		$	23.79				(0.14	)%		$	2,973				0.79	%			4.96	%			0	%
0.01			$	23.83				0.04	%		$	10,724				0.79	%			5.08	%			0	%
0.04			$	23.86				0.17	%		$	13,720				0.79	%			5.06	%			0	%
0.04			$	23.86				0.17	%		$	6,562				0.79	%			4.90	%			0	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Financial Highlights

 

		Per Share Operating Performance (For a share outstanding throughout each period)
						Investment Operations:												Capital Share Transactions:
		Net Asset Value, Beginning of Period				Net investment income/(loss) (b)				Net realized and unrealized gain/(loss)				Total From Investment Operations				Transaction fees (see Note 5)
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly
For the period 9/29/2023 (d) - 10/31/2023		$	25.61				(0.01	)			(0.39	)			(0.40	)			0.02
Innovator U.S. Equity 10 Buffer ETF - Quarterly
For the period 9/29/2023 (d) - 10/31/2023		$	25.61				(0.01	)			(0.09	)			(0.10	)			0.02
Innovator Premium Income 9 Buffer ETF - October
For the period 9/29/2023 (d) - 10/31/2023		$	23.74				0.09				(0.07	)			0.02				0.02
Innovator Premium Income 15 Buffer ETF - October
For the period 9/29/2023 (d) - 10/31/2023		$	23.73				0.09				(0.03	)			0.06				0.02

 

(a)	Annualized for periods less than one year.
(b)	Net investment income/(loss) per share has been calculated based on average shares outstanding during the period.
(c)	Not annualized for periods less than one year.
(d)	Commencement of operations.

  

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

											Ratios/Supplemental Data:
Distributions Paid to Shareholders																											Ratio to Average Net Assets of: (a)
Paid from net investment income			Paid from return of capital				Total Distributions Paid				Change in Net Asset Value for the Period				Net Asset Value, End of Period				Total return (c)				Net assets, end of period (000)				Expenses				Net investment income/ (loss)				Portfolio turnover rate (c)
-				-				-				(0.38	)		$	25.23				(1.49	)%		$	12,615				0.69	%			(0.68	)%			0	%
-				-				-				(0.08	)		$	25.53				(0.30	)%		$	24,896				0.69	%			(0.68	)%			0	%
(0.06	)			(0.09	)			(0.15	)			(0.11	)		$	23.63				0.18	%		$	2,363				0.79	%			5.14	%			0	%
(0.06	)			(0.07	)			(0.13	)			(0.05	)		$	23.68				0.32	%		$	7,103				0.79	%			4.97	%			0	%

 

The accompanying notes are an integral part of these financial statements.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements   

 

1.	ORGANIZATION

 

Innovator ETFs Trust (the “Trust”) was organized under Delaware law as a Delaware statutory trust on October 17, 2007, and is registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940, as amended (the “1940 Act”) as an open-end management investment company.  The Trust currently consists of multiple operational series, of which fifty-two are covered in this report, collectively the (“Funds”):

 

Name		Ticker		Commencement of Operations		Tracking Index/Fund
Innovator U.S. Equity Buffer ETF – January		BJAN		December 31, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – February		BFEB		January 31, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – March		BMAR		February 28, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – April		BAPR		March 29, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – May		BMAY		April 30, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – June		BJUN		May 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – July		BJUL		August 28, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – August		BAUG		July 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – September		BSEP		August 30, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – October		BOCT		September 28, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – November		BNOV		October 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Buffer ETF – December		BDEC		November 29, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer ETF – January		PJAN		December 31, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer ETF – February		PFEB		January 31, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer ETF – March		PMAR		February 28, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer  ETF – April		PAPR		March 29, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer ETF – May		PMAY		April 30, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer  ETF – June		PJUN		May 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer  ETF – July		PJUL		August 7, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer ETF – August		PAUG		July 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer ETF – September		PSEP		August 30, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer  ETF – October		POCT		September 28, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer ETF – November		PNOV		October 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Power Buffer ETF – December		PDEC		November 29, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – January		UJAN		December 31, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – February		UFEB		January 31, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – March		UMAR		February 28, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – April		UAPR		March 29, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – May		UMAY		April 30, 2020		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – June		UJUN		May 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – July		UJUL		August 7, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – August		UAUG		July 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – September		USEP		August 30, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – October		UOCT		September 28, 2018		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – November		UNOV		October 31, 2019		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Ultra Buffer ETF – December		UDEC		November 29, 2019		SPDR S&P 500® ETF Trust
Innovator Premium Income 10 Barrier ETF - April		APRD		March 31, 2023		S&P 500® Index
Innovator Premium Income 20 Barrier ETF - April		APRH		March 31, 2023		S&P 500® Index
Innovator Premium Income 30 Barrier ETF - April		APRJ		March 31, 2023		S&P 500® Index
Innovator Premium Income 40 Barrier ETF - April		APRQ		March 31, 2023		S&P 500® Index
Innovator Premium Income 10 Barrier ETF - July		JULD		June 30, 2023		S&P 500® Index
Innovator Premium Income 20 Barrier ETF - July		JULH		June 30, 2023		S&P 500® Index
Innovator Premium Income 30 Barrier ETF - July		JULJ		June 30, 2023		S&P 500® Index
Innovator Premium Income 40 Barrier ETF - July		JULQ		June 30, 2023		S&P 500® Index
Innovator Premium Income 10 Barrier ETF - October		OCTD		September 29, 2023		S&P 500® Index
Innovator Premium Income 20 Barrier ETF - October		OCTH		September 29, 2023		S&P 500® Index
Innovator Premium Income 30 Barrier ETF - October		OCTJ		September 29, 2023		S&P 500® Index
Innovator Premium Income 40 Barrier ETF - October		OCTQ		September 29, 2023		S&P 500® Index
Innovator U.S. Equity 5 to 15 Buffer ETF - Quarterly		EALT		September 29, 2023		SPDR S&P 500® ETF Trust
Innovator U.S. Equity 10 Buffer ETF - Quarterly		ZALT		September 29, 2023		SPDR S&P 500® ETF Trust
Innovator Premium Income 9 Buffer ETF - October		HOCT		September 29, 2023		SPDR S&P 500® ETF Trust
Innovator Premium Income 15 Buffer ETF - October		LOCT		September 29, 2023		SPDR S&P 500® ETF Trust

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

The operational series of the Trust covered outside of this report consist of:

 

Name		Ticker		Commencement of Operations		Tracking Index/Fund
Innovator IBD® 50 ETF		FFTY		April 8, 2015		IBD® 50 Index
Innovator IBD® Breakout Opportunities ETF		BOUT		September 12, 2018		IBD® Breakout Stocks Index
Innovator Deepwater Frontier Tech ETF		LOUP		July 24, 2018		Loup Frontier Tech Index
Innovator S&P Investment Grade Preferred ETF		EPRF		May 23, 2016		S&P U.S. High Quality Preferred Stock Index
Innovator Laddered Allocation Buffer ETF		BUFB		February 8, 2022		MerQube U.S. Large Cap Equity Buffer Laddered Index
Innovator Laddered Allocation Power Buffer ETF		BUFF		October 19, 2016		Refinitiv Laddered Power Buffer Strategy Index
Innovator Buffer Step-Up Strategy ETF		BSTP		March 7, 2022		SPDR S&P 500® ETF Trust
Innovator Power Buffer Step-Up Strategy ETF		PSTP		March 7, 2022		SPDR S&P 500® ETF Trust
Innovator Hedged TSLA Strategy ETF		TSLH		July 25, 2022		Tesla, Inc.
Innovator Uncapped Accelerated U.S. Equity ETF		XUSP		August 10, 2022		SPDR S&P 500® ETF Trust
Innovator Equity Managed Floor ETF		SFLR		November 8, 2022		SPDR S&P 500® ETF Trust
Innovator Gradient Tactical Rotation Strategy ETF		IGTR		November 16, 2022		S&P Global Broad Market Index
Innovator Emerging Markets Power Buffer ETF - January		EJAN		December 31, 2019		iShares MSCI Emerging Markets ETF
Innovator Emerging Markets Power Buffer ETF - April		EAPR		March 31, 2021		iShares MSCI Emerging Markets ETF
Innovator Emerging Markets Power Buffer ETF - July		EJUL		June 28, 2019		iShares MSCI Emerging Markets ETF
Innovator Emerging Markets Power Buffer ETF - October		EOCT		September 30, 2021		iShares MSCI Emerging Markets ETF
Innovator International Developed Power Buffer ETF - January		IJAN		December 31, 2019		iShares MSCI EAFE ETF
Innovator International Developed Power Buffer ETF - April		IAPR		March 31, 2021		iShares MSCI EAFE ETF
Innovator International Developed Power Buffer ETF - July		IJUL		June 28, 2019		iShares MSCI EAFE ETF
Innovator International Developed Power Buffer ETF - September		ISEP		August 31, 2023		iShares MSCI EAFE ETF
Innovator International Developed Power Buffer ETF - October		IOCT		September 30, 2021		iShares MSCI EAFE ETF
Innovator International Developed Power Buffer ETF - November		INOV		October 31, 2023		iShares MSCI EAFE ETF
Innovator 20+ Year Treasury Bond 9 Buffer ETF - July		TBJL		August 17, 2020		iShares 20+ Year Treasury Bond ETF
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly		TFJL		August 17, 2020		iShares 20+ Year Treasury Bond ETF
Innovator Defined Wealth Shield ETF		BALT		June 30, 2021		SPDR S&P 500® ETF Trust
Innovator Double Stacker ETF - January		DSJA		December 31, 2020		SPDR S&P 500® ETF Trust and Invesco QQQ Trust
Innovator Triple Stacker ETF - January		TSJA		December 31, 2020		SPDR S&P 500® ETF Trust, Invesco QQQ Trust and iShares Russell 2000 ETF
Innovator Double Stacker 9 Buffer ETF - January		DBJA		December 31, 2020		SPDR S&P 500® ETF Trust and Invesco QQQ Trust
Innovator Growth-100 Power Buffer ETF - January		NJAN		December 31, 2019		Invesco QQQ Trust
Innovator Growth-100 Power Buffer ETF - April		NAPR		March 31, 2020		Invesco QQQ Trust
Innovator Growth-100 Power Buffer ETF - July		NJUL		June 30, 2020		Invesco QQQ Trust
Innovator Growth-100 Power Buffer ETF - October		NOCT		September 30, 2019		Invesco QQQ Trust
Innovator U.S. Small Cap Power Buffer ETF - January		KJAN		December 31, 2019		iShares Russell 2000 ETF
Innovator U.S. Small Cap Power Buffer ETF - April		KAPR		March 31, 2020		iShares Russell 2000 ETF
Innovator U.S. Small Cap Power Buffer ETF - July		KJUL		June 30, 2020		iShares Russell 2000 ETF
Innovator U.S. Small Cap Power Buffer ETF - October		KOCT		September 30, 2019		iShares Russell 2000 ETF
Innovator U.S. Equity Accelerated ETF - January		XDJA		December 31, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated ETF - April		XDAP		March 31, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated ETF - July		XDJL		June 30, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated ETF - October		XDOC		September 30, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated Plus ETF - January		XTJA		December 31, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated Plus ETF - April		XTAP		March 31, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated Plus ETF - July		XTJL		June 30, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated Plus ETF - October		XTOC		September 30, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated 9 Buffer ETF - January		XBJA		December 31, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated 9 Buffer ETF - April		XBAP		March 31, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated 9 Buffer ETF - July		XBJL		June 30, 2021		SPDR S&P 500® ETF Trust
Innovator U.S. Equity Accelerated 9 Buffer ETF - October		XBOC		September 30, 2021		SPDR S&P 500® ETF Trust
Innovator Growth Accelerated Plus ETF - January		QTJA		December 31, 2021		Invesco QQQ Trust
Innovator Growth Accelerated Plus ETF - April		QTAP		March 31, 2021		Invesco QQQ Trust
Innovator Growth Accelerated Plus ETF - July		QTJL		June 30, 2021		Invesco QQQ Trust
Innovator Growth Accelerated Plus ETF - October		QTOC		September 30, 2021		Invesco QQQ Trust
Innovator U.S. Equity Accelerated ETF - Quarterly		XDSQ		March 31, 2021		SPDR S&P 500® ETF Trust
Innovator Growth Accelerated ETF - Quarterly		XDQQ		March 31, 2021		Invesco QQQ Trust
Innovator Equity Defined Protection ETF - 2 Yr to July 2025		TJUL		July 17, 2023		S&P 500® Index

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

The Funds are exchange traded funds that offer one class of shares, do not charge a sales load, do not have a redemption fee and currently do not charge a 12b-1 fee to their shareholders. The Funds list and principally trade their shares on Cboe BZX Exchange, Inc. (“Cboe BZX” or the “Exchange”).

 

Each Fund employs a specific “defined outcome strategy.”  Defined outcome strategies generally seek to produce pre-determined investment outcomes based upon the performance of an index or one or more underlying securities.  The Funds’ pre-determined outcomes (“Outcomes”) are based upon the price performance of a benchmark index or one or more underlying exchange-traded fund (the “Benchmark”) over a period of approximately one year or another predetermined period (“Outcome Period”).  The Funds’ investment strategy provides shareholders with participation in any gains experienced by the applicable Benchmark over the course of the Outcome Period, subject to a cap on upside returns (a “Cap”), and a predetermined buffer (a “Buffer”), each as applicable, against Benchmark losses for the Outcome Period.  These defined outcomes are managed by purchasing and selling call and put FLexible EXchange Options (“FLEX Options”) to create layers within a Fund’s portfolio.  Each Fund’s FLEX Option has the same reference asset and expiration date, with uniquely selected strike prices for the Fund’s Outcome Period.  Due to the customizable nature of FLEX Options that allows for specific strike prices to be selected for the same reference asset and expiration date, when each of the FLEX Options expire on the last day of the Outcome Period, the Funds are expected to achieve a Benchmark investment return with the applicable Buffer and Cap investment parameters.

 

The Funds are investment companies and accordingly follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946 “Financial Services — Investment Companies”.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

2.	SIGNIFICANT ACCOUNTING POLICIES

 

The following is a summary of significant accounting policies consistently followed by the Trust in the preparation of its financial statements.  These policies are in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

 

Valuation:

 

The net asset values (“NAV”) of the Funds are determined as of the close of regular trading on the NYSE (normally 4:00 p.m. ET). If the NYSE closes early on a valuation day, the Funds shall determine NAV as of that time.

 

Portfolio securities generally shall be valued utilizing prices provided by independent pricing services. The Adviser, as the Trust’s Valuation Designee (“Valuation Designee”) is responsible for establishing valuation of portfolio securities and other instruments held by the Funds in accordance with the Trust’s valuation procedures.

 

Common stocks, preferred stocks and other equity securities listed on any national or foreign exchange (excluding the NASDAQ National Market (“NASDAQ”) and the London Stock Exchange Alternative Investment Market (“AIM”)) are generally valued at the last sale price on the exchange on which they are principally traded or, for NASDAQ and AIM securities, the official closing price. Securities traded on more than one securities exchange are valued at the last sale price or official closing price, as applicable, at the close of the exchange representing the principal market for such securities. Securities traded in the over-the-counter market are valued at the mean of the bid and the asked price, if available, and otherwise at their closing bid price. Redeemable securities issued by open-end investment companies shall be valued at the investment company’s applicable net asset value, with the exception of exchange-traded open-end investment companies which are priced as equity securities. Fixed income securities, swaps, currency-, credit- and commodity-linked notes, and other similar instruments will be valued using a pricing service. Fixed income securities having a remaining maturity of 60 days or less when purchased will be valued at cost adjusted for amortization of premiums and accretion of discounts, provided the Valuation Designee has determined that the use of amortized cost is an appropriate reflection of fair value given market and issuer specific conditions existing at the time of the determination. Deposit accounts are valued at acquisition cost. Foreign securities and other assets denominated in foreign currencies are translated into U.S. dollars at the exchange rate of such currencies against the U.S. dollar as provided by the pricing service. All assets denominated in foreign currencies will be converted into U.S. dollars at the exchange rates in effect at the time of valuation. Restricted securities (with the exception of Rule 144A Securities for which market quotations are available) will normally be valued at fair value as determined by the Valuation Designee.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

Exchange-traded option contracts (other than FLEX Option contracts) will be valued at the closing price in the market where such contracts are principally traded. If no closing price is available, they will be fair valued at the mean of their most recent bid and asked price, if available, and otherwise at their closing bid price. OTC options are fair valued at the mean of the most recent bid and asked price, if available, and otherwise at their closing bid price. FLEX Options will be valued at a model-based price provided by the exchange on which the option is traded at the official close of that exchange’s trading date. If the exchange on which the option is traded is unable to provide a model price, FLEX Options prices will be provided by backup provider Super Derivatives. Otherwise, the value of a FLEX Option will be determined by the Valuation Designee in accordance with the Trust’s valuation procedures.

 

If no quotation can be obtained from a pricing service, then the Valuation Designee will then attempt to obtain one or more broker quotes for the security. If no quotation is available from either a pricing service or one or more brokers or if the Valuation Designee has reason to question the reliability or accuracy of a quotation supplied or the use of amortized cost, the value of any portfolio security held by the Funds for which reliable market quotations are not readily available will be determined by the Valuation Designee in a manner that most appropriately reflects fair market value of the security on the valuation date. The use of a fair valuation method may be appropriate if, for example: (i) market quotations do not accurately reflect fair value of an investment; (ii) an investment’s value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (for example, a foreign exchange or market); (iii) a trading halt closes an exchange or market early; or (iv) other events result in an exchange or market delaying its normal close.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

Fair Valuation Measurement:

 

FASB established a framework for measuring fair value in accordance with U.S. GAAP. Under ASC Topic 820, “Fair Value Measurement” (“ASC 820”), various inputs are used in determining the value of the Funds’ investments. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three Levels of inputs of the fair value hierarchy are defined as follows:

 

	•	Level 1 –	Unadjusted quoted prices in active markets for identical assets or liabilities that the Funds have the ability to access.
	•	Level 2 –	Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
	•	Level 3 –	Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Funds’ own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

 

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgement. Accordingly, the degree of judgement exercised in determining fair value is greatest for instruments categorized in Level 3.

 

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

The following table summarizes valuation of the Funds’ investments under the fair value hierarchy levels as of October 31, 2023:

 

BJAN
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	148,482,565			$	–			$	148,482,565
Short Term Investments			351,726				–				–				351,726
Total Assets		$	351,726			$	148,482,565			$	–			$	148,834,291
Liabilities
Options Written		$	–			$	275,924			$	–			$	275,924
Total Liabilities		$	–			$	275,924			$	–			$	275,924
BFEB
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	100,375,635			$	–			$	100,375,635
Short Term Investments			298,635				–				–				298,635
Total Assets		$	298,635			$	100,375,635			$	–			$	100,674,270
Liabilities
Options Written		$	–			$	681,490			$	–			$	681,490
Total Liabilities		$	–			$	681,490			$	–			$	681,490
BMAR
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	88,099,910			$	–			$	88,099,910
Short Term Investments			223,245				–				–				223,245
Total Assets		$	223,245			$	88,099,910			$	–			$	88,323,155
Liabilities
Options Written		$	–			$	728,590			$	–			$	728,590
Total Liabilities		$	–			$	728,590			$	–			$	728,590
BAPR
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	153,197,311			$	–			$	153,197,311
Short Term Investments			382,738				–				–				382,738
Total Assets		$	382,738			$	153,197,311			$	–			$	153,580,049
Liabilities
Options Written		$	–			$	2,046,788			$	–			$	2,046,788
Total Liabilities		$	–			$	2,046,788			$	–			$	2,046,788
BMAY
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	112,732,476			$	–			$	112,732,476
Short Term Investments			321,370				–				–				321,370
Total Assets		$	321,370			$	112,732,476			$	–			$	113,053,846
Liabilities
Options Written		$	–			$	2,033,363			$	–			$	2,033,363
Total Liabilities		$	–			$	2,033,363			$	–			$	2,033,363

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

BJUN
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	103,027,723			$	–			$	103,027,723
Short Term Investments			259,779				–				–				259,779
Total Assets		$	259,779			$	103,027,723			$	–			$	103,287,502
Liabilities
Options Written		$	–			$	2,187,564			$	–			$	2,187,564
Total Liabilities		$	–			$	2,187,564			$	–			$	2,187,564
BJUL
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	352,775,745			$	–			$	352,775,745
Short Term Investments			982,112				–				–				982,112
Total Assets		$	982,112			$	352,775,745			$	–			$	353,757,857
Liabilities
Options Written		$	–			$	11,916,303			$	–			$	11,916,303
Total Liabilities		$	–			$	11,916,303			$	–			$	11,916,303
BAUG
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	189,943,090			$	–			$	189,943,090
Short Term Investments			493,584				–				–				493,584
Total Assets		$	493,584			$	189,943,090			$	–			$	190,436,674
Liabilities
Options Written		$	–			$	8,276,882			$	–			$	8,276,882
Total Liabilities		$	–			$	8,276,882			$	–			$	8,276,882
BSEP
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	185,387,137			$	–			$	185,387,137
Short Term Investments			573,434				–				–				573,434
Total Assets		$	573,434			$	185,387,137			$	–			$	185,960,571
Liabilities
Options Written		$	–			$	7,735,578			$	–			$	7,735,578
Total Liabilities		$	–			$	7,735,578			$	–			$	7,735,578
BOCT
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	177,340,243			$	–			$	177,340,243
Short Term Investments			469,884				–				–				469,884
Total Assets		$	469,884			$	177,340,243			$	–			$	177,810,127
Liabilities
Options Written		$	–			$	6,471,826			$	–			$	6,471,826
Total Liabilities		$	–			$	6,471,826			$	–			$	6,471,826

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

BNOV
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	87,221,645			$	–			$	87,221,645
Short Term Investments			184,270				–				–				184,270
Total Assets		$	184,270			$	87,221,645			$	–			$	87,405,915
Liabilities
Options Written		$	–			$	3,485,629			$	–			$	3,485,629
Total Liabilities		$	–			$	3,485,629			$	–			$	3,485,629
BDEC
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	95,853,155			$	–			$	95,853,155
Short Term Investments			255,040				–				–				255,040
Total Assets		$	255,040			$	95,853,155			$	–			$	96,108,195
Liabilities
Options Written		$	–			$	114,192			$	–			$	114,192
Total Liabilities		$	–			$	114,192			$	–			$	114,192
PJAN
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	569,665,972			$	–			$	569,665,972
Short Term Investments			1,500,104				–				–				1,500,104
Total Assets		$	1,500,104			$	569,665,972			$	–			$	571,166,076
Liabilities
Options Written		$	–			$	1,317,161			$	–			$	1,317,161
Total Liabilities		$	–			$	1,317,161			$	–			$	1,317,161
PFEB
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	444,111,360			$	–			$	444,111,360
Short Term Investments			1,164,944				–				–				1,164,944
Total Assets		$	1,164,944			$	444,111,360			$	–			$	445,276,304
Liabilities
Options Written		$	–			$	2,217,600			$	–			$	2,217,600
Total Liabilities		$	–			$	2,217,600			$	–			$	2,217,600
PMAR
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	380,316,213			$	–			$	380,316,213
Short Term Investments			985,305				–				–				985,305
Total Assets		$	985,305			$	380,316,213			$	–			$	381,301,518
Liabilities
Options Written		$	–			$	3,619,924			$	–			$	3,619,924
Total Liabilities		$	–			$	3,619,924			$	–			$	3,619,924

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

PAPR
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	585,055,003			$	–			$	585,055,003
Short Term Investments			1,578,793				–				–				1,578,793
Total Assets		$	1,578,793			$	585,055,003			$	–			$	586,633,796
Liabilities
Options Written		$	–			$	6,481,111			$	–			$	6,481,111
Total Liabilities		$	–			$	6,481,111			$	–			$	6,481,111
PMAY
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	464,975,208			$	–			$	464,975,208
Short Term Investments			1,236,730				–				–				1,236,730
Total Assets		$	1,236,730			$	464,975,208			$	–			$	466,211,938
Liabilities
Options Written		$	–			$	6,829,804			$	–			$	6,829,804
Total Liabilities		$	–			$	6,829,804			$	–			$	6,829,804
PJUN
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	529,925,976			$	–			$	529,925,976
Short Term Investments			1,411,836				–				–				1,411,836
Total Assets		$	1,411,836			$	529,925,976			$	–			$	531,337,812
Liabilities
Options Written		$	–			$	9,588,111			$	–			$	9,588,111
Total Liabilities		$	–			$	9,588,111			$	–			$	9,588,111
PJUL
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	1,019,991,113			$	–			$	1,019,991,113
Short Term Investments			2,825,477				–				–				2,825,477
Total Assets		$	2,825,477			$	1,019,991,113			$	–			$	1,022,816,590
Liabilities
Options Written		$	–			$	22,822,240			$	–			$	22,822,240
Total Liabilities		$	–			$	22,822,240			$	–			$	22,822,240
PAUG
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	910,180,173			$	–			$	910,180,173
Short Term Investments			2,511,653				–				–				2,511,653
Total Assets		$	2,511,653			$	910,180,173			$	–			$	912,691,826
Liabilities
Options Written		$	–			$	25,858,203			$	–			$	25,858,203
Total Liabilities		$	–			$	25,858,203			$	–			$	25,858,203

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

PSEP
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	710,157,288			$	–			$	710,157,288
Short Term Investments			2,103,088				–				–				2,103,088
Total Assets		$	2,103,088			$	710,157,288			$	–			$	712,260,376
Liabilities
Options Written		$	–			$	20,560,853			$	–			$	20,560,853
Total Liabilities		$	–			$	20,560,853			$	–			$	20,560,853
POCT
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	747,824,830			$	–			$	747,824,830
Short Term Investments			2,066,438				–				–				2,066,438
Total Assets		$	2,066,438			$	747,824,830			$	–			$	749,891,268
Liabilities
Options Written		$	–			$	23,759,683			$	–			$	23,759,683
Total Liabilities		$	–			$	23,759,683			$	–			$	23,759,683
PNOV
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	648,009,321			$	–			$	648,009,321
Short Term Investments			1,593,192				–				–				1,593,192
Total Assets		$	1,593,192			$	648,009,321			$	–			$	649,602,513
Liabilities
Options Written		$	–			$	25,996,710			$	–			$	25,996,710
Total Liabilities		$	–			$	25,996,710			$	–			$	25,996,710
PDEC
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	562,379,660			$	–			$	562,379,660
Short Term Investments			1,536,793				–				–				1,536,793
Total Assets		$	1,536,793			$	562,379,660			$	–			$	563,916,453
Liabilities
Options Written		$	–			$	322,334			$	–			$	322,334
Total Liabilities		$	–			$	322,334			$	–			$	322,334
UJAN
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	116,126,887			$	–			$	116,126,887
Short Term Investments			271,264				–				–				271,264
Total Assets		$	271,264			$	116,126,887			$	–			$	116,398,151
Liabilities
Options Written		$	–			$	456,514			$	–			$	456,514
Total Liabilities		$	–			$	456,514			$	–			$	456,514

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

UFEB
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	49,550,090			$	–			$	49,550,090
Short Term Investments			103,444				–				–				103,444
Total Assets		$	103,444			$	49,550,090			$	–			$	49,653,534
Liabilities
Options Written		$	–			$	161,354			$	–			$	161,354
Total Liabilities		$	–			$	161,354			$	–			$	161,354
UMAR
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	45,285,114			$	–			$	45,285,114
Short Term Investments			80,981				–				–				80,981
Total Assets		$	80,981			$	45,285,114			$	–			$	45,366,095
Liabilities
Options Written		$	–			$	408,336			$	–			$	408,336
Total Liabilities		$	–			$	408,336			$	–			$	408,336
UAPR
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	96,071,220			$	–			$	96,071,220
Short Term Investments			240,111				–				–				240,111
Total Assets		$	240,111			$	96,071,220			$	–			$	96,311,331
Liabilities
Options Written		$	–			$	713,880			$	–			$	713,880
Total Liabilities		$	–			$	713,880			$	–			$	713,880
UMAY
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	61,974,112			$	–			$	61,974,112
Short Term Investments			159,707				–				–				159,707
Total Assets		$	159,707			$	61,974,112			$	–			$	62,133,819
Liabilities
Options Written		$	–			$	580,648			$	–			$	580,648
Total Liabilities		$	–			$	580,648			$	–			$	580,648
UJUN
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	74,856,628			$	–			$	74,856,628
Short Term Investments			172,803				–				–				172,803
Total Assets		$	172,803			$	74,856,628			$	–			$	75,029,431
Liabilities
Options Written		$	–			$	878,416			$	–			$	878,416
Total Liabilities		$	–			$	878,416			$	–			$	878,416

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

UJUL
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	162,381,540			$	–			$	162,381,540
Short Term Investments			450,069				–				–				450,069
Total Assets		$	450,069			$	162,381,540			$	–			$	162,831,609
Liabilities
Options Written		$	–			$	1,113,084			$	–			$	1,113,084
Total Liabilities		$	–			$	1,113,084			$	–			$	1,113,084
UAUG
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	345,679,938			$	–			$	345,679,938
Short Term Investments			947,864				–				–				947,864
Total Assets		$	947,864			$	345,679,938			$	–			$	346,627,802
Liabilities
Options Written		$	–			$	2,580,175			$	–			$	2,580,175
Total Liabilities		$	–			$	2,580,175			$	–			$	2,580,175
USEP
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	90,177,236			$	–			$	90,177,236
Short Term Investments			259,454				–				–				259,454
Total Assets		$	259,454			$	90,177,236			$	–			$	90,436,690
Liabilities
Options Written		$	–			$	851,947			$	–			$	851,947
Total Liabilities		$	–			$	851,947			$	–			$	851,947
UOCT
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	104,879,640			$	–			$	104,879,640
Short Term Investments			269,013				–				–				269,013
Total Assets		$	269,013			$	104,879,640			$	–			$	105,148,653
Liabilities
Options Written		$	–			$	1,835,160			$	–			$	1,835,160
Total Liabilities		$	–			$	1,835,160			$	–			$	1,835,160
UNOV
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	31,171,558			$	–			$	31,171,558
Short Term Investments			64,672				–				–				64,672
Total Assets		$	64,672			$	31,171,558			$	–			$	31,236,230
Liabilities
Options Written		$	–			$	829,756			$	–			$	829,756
Total Liabilities		$	–			$	829,756			$	–			$	829,756

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

UDEC
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	69,552,541			$	–			$	69,552,541
Short Term Investments			160,745				–				–				160,745
Total Assets		$	160,745			$	69,552,541			$	–			$	69,713,286
Liabilities
Options Written		$	–			$	8,688			$	–			$	8,688
Total Liabilities		$	–			$	8,688			$	–			$	8,688
APRD
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	847,353			$	–			$	847,353
Short Term Investments			12,002				8,178,065				–				8,190,067
Total Assets		$	12,002			$	9,025,418			$	–			$	9,037,420
Liabilities
Options Written		$	–			$	1,023,480			$	–			$	1,023,480
Total Liabilities		$	–			$	1,023,480			$	–			$	1,023,480
APRH
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	2,362,138			$	–			$	2,362,138
Short Term Investments			32,674				26,871,740				–				26,904,414
Total Assets		$	32,674			$	29,233,878			$	–			$	29,266,552
Liabilities
Options Written		$	–			$	2,685,485			$	–			$	2,685,485
Total Liabilities		$	–			$	2,685,485			$	–			$	2,685,485
APRJ
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	3,200,726			$	–			$	3,200,726
Short Term Investments			96,166				49,013,859				–				49,110,025
Total Assets		$	96,166			$	52,214,585			$	–			$	52,310,751
Liabilities
Options Written		$	–			$	3,528,644			$	–			$	3,528,644
Total Liabilities		$	–			$	3,528,644			$	–			$	3,528,644
APRQ
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	1,611,353			$	–			$	1,611,353
Short Term Investments			73,873				33,338,207				–				33,412,080
Total Assets		$	73,873			$	34,949,560			$	–			$	35,023,433
Liabilities
Options Written		$	–			$	1,746,722			$	–			$	1,746,722
Total Liabilities		$	–			$	1,746,722			$	–			$	1,746,722

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

JULD
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	1,388,270			$	–			$	1,388,270
Short Term Investments			4,672				5,116,237				–				5,120,909
Total Assets		$	4,672			$	6,504,507			$	–			$	6,509,179
Liabilities
Options Written		$	–			$	1,655,344			$	–			$	1,655,344
Total Liabilities		$	–			$	1,655,344			$	–			$	1,655,344
JULH
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	6,343,293			$	–			$	6,343,293
Short Term Investments			35,174				26,017,762				–				26,052,936
Total Assets		$	35,174			$	32,361,055			$	–			$	32,396,229
Liabilities
Options Written		$	–			$	7,207,539			$	–			$	7,207,539
Total Liabilities		$	–			$	7,207,539			$	–			$	7,207,539
JULJ
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	5,091,383			$	–			$	5,091,383
Short Term Investments			54,348				29,000,290				–				29,054,638
Total Assets		$	54,348			$	34,091,673			$	–			$	34,146,021
Liabilities
Options Written		$	–			$	5,640,766			$	–			$	5,640,766
Total Liabilities		$	–			$	5,640,766			$	–			$	5,640,766
JULQ
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	1,005,397			$	–			$	1,005,397
Short Term Investments			5,408				8,158,470				–				8,163,878
Total Assets		$	5,408			$	9,163,867			$	–			$	9,169,275
Liabilities
Options Written		$	–			$	1,095,659			$	–			$	1,095,659
Total Liabilities		$	–			$	1,095,659			$	–			$	1,095,659

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

OCTD
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	862,241			$	–			$	862,241
Short Term Investments			3,525				3,122,397				–				3,125,922
Total Assets		$	3,525			$	3,984,638			$	–			$	3,988,163
Liabilities
Options Written		$	–			$	1,013,862			$	–			$	1,013,862
Total Liabilities		$	–			$	1,013,862			$	–			$	1,013,862
OCTH
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	3,178,909			$	–			$	3,178,909
Short Term Investments			12,998				11,103,134				–				11,116,132
Total Assets		$	12,998			$	14,282,043			$	–			$	14,295,041
Liabilities
Options Written		$	–			$	3,566,808			$	–			$	3,566,808
Total Liabilities		$	–			$	3,566,808			$	–			$	3,566,808
OCTJ
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	3,213,351			$	–			$	3,213,351
Short Term Investments			20,381				14,024,439				–				14,044,820
Total Assets		$	20,381			$	17,237,790			$	–			$	17,258,171
Liabilities
Options Written		$	–			$	3,532,278			$	–			$	3,532,278
Total Liabilities		$	–			$	3,532,278			$	–			$	3,532,278
OCTQ
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	1,137,524			$	–			$	1,137,524
Short Term Investments			9,057				6,652,530				–				6,661,587
Total Assets		$	9,057			$	7,790,054			$	–			$	7,799,111
Liabilities
Options Written		$	–			$	1,234,002			$	–			$	1,234,002
Total Liabilities		$	–			$	1,234,002			$	–			$	1,234,002

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

EALT
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	12,652,785			$	–			$	12,652,785
Short Term Investments			12,916				–				–				12,916
Total Assets		$	12,916			$	12,652,785			$	–			$	12,665,701
Liabilities
Options Written		$	–			$	47,472			$	–			$	47,472
Total Liabilities		$	–			$	47,472			$	–			$	47,472
ZALT
		Level 1				Level 2				Level 3				Total
Assets
Purchased Options		$	–			$	25,128,014			$	–			$	25,128,014
Short Term Investments			31,712				–				–				31,712
Total Assets		$	31,712			$	25,128,014			$	–			$	25,159,726
Liabilities
Options Written		$	–			$	256,804			$	–			$	256,804
Total Liabilities		$	–			$	256,804			$	–			$	256,804
HOCT
		Level 1				Level 2				Level 3				Total
Assets
Short Term Investments		$	18,319			$	2,439,053			$	–			$	2,457,372
Total Assets		$	18,319			$	2,439,053			$	–			$	2,457,372
Liabilities
Options Written		$	–			$	78,286			$	–			$	78,286
Total Liabilities		$	–			$	78,286			$	–			$	78,286
LOCT
		Level 1				Level 2				Level 3				Total
Assets
Short Term Investments		$	46,128			$	7,252,315			$	–			$	7,298,443
Total Assets		$	46,128			$	7,252,315			$	–			$	7,298,443
Liabilities
Options Written		$	–			$	158,760			$	–			$	158,760
Total Liabilities		$	–			$	158,760			$	–			$	158,760

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

There were no Level 3 investments for the Funds during the year or period ended October 31, 2023.

 

Option Contracts:

 

In general, an option contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).

 

The Funds invest primarily in FLEX Option contracts. FLEX Options are customized option contracts that trade on an exchange but provide investors with the ability to customize key contract terms like strike price, style and expiration date while achieving price discovery in competitive, transparent auctions markets and avoiding the counterparty exposure of over-the-counter options positions. Like traditional exchange-traded options, FLEX Options are guaranteed for settlement by the OCC, a market clearinghouse that guarantees performance by counterparties to certain derivatives contracts. The FLEX Options in which the Funds will invest are all European style options (options that are exercisable only on the expiration date). The FLEX Options are listed on the Chicago Board Options Exchange.

 

The Funds will purchase and sell call and put FLEX Options. In general, put options give the holder (i.e., the buyer) the right to sell an asset (or deliver the cash value of the index, in case of an index put option) and the seller (i.e., the writer) of the put has the obligation to buy the asset (or receive cash value of the index, in case of an index put option) at a certain defined price. Call options give the holder (i.e., the buyer) the right to buy an asset (or receive cash value of the index, in case of an index call option) and the seller (i.e., the writer) the obligation to sell the asset (or deliver cash value of the index, in case of an index call option) at a certain defined price.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

When the Funds purchase an option, an amount equal to the premium paid by the Funds are recorded as an investment and is subsequently adjusted to the current value of the option purchased. If an option expires on the stipulated expiration date or if the Funds enter into a closing sale transaction, a gain or loss is realized. If a call option is exercised, the cost of the security acquired is increased by the premium paid for the call. If a put option is exercised, a gain or loss is realized from the sale of the underlying security, and the proceeds from such sale are decreased by the premium originally paid. Purchased options are non-income producing securities.

 

When the Funds write an option, an amount equal to the premium received by the Funds are recorded as a liability and is subsequently adjusted to the current value of the option written. Premiums received from writing options that expire unexercised are treated by the Funds on the expiration date as realized gain from written options. The difference between the premium and the amount paid on effecting a closing purchase transaction, including brokerage commissions, is also treated as a realized gain, or if the premium is less than the amount paid for the closing purchase transaction, as a realized loss. If a call option is exercised, the premium is added to the proceeds from the sale of the underlying security in determining whether the Funds have realized a gain or loss. If a put option is exercised, the premium reduces the cost basis of the securities purchased by the Funds. The Funds, as writers of an option, bear the market risk of an unfavorable change in the price of the security underlying the written option.

 

All of the FLEX Option contracts held by the Funds are fully funded and cash settled, therefore balance sheet offsetting under U.S. GAAP does not apply.

 

The Funds bear the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Funds could suffer significant losses. Additionally, FLEX Options may be less liquid than certain other securities such as standardized options. In less liquid market for the FLEX Options, the Funds may have difficulty closing out certain FLEX Options positions at desired times and prices. The Funds may experience substantial downside from specific FLEX Option positions and certain FLEX Option positions may expire worthless. The value of the underlying FLEX Options will be affected by, among others, changes in the value of the exchange, changes in interest rates, changes in the actual and implied volatility of the Index and the remaining time to until the FLEX Options expire. The value of the FLEX Options does not increase or decrease at the same rate as the level of the Index (although they generally move in the same direction). However, as a FLEX Option approaches its expiration date, its value typically increasingly moves with the value of the Index.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

The value of derivative instruments on the Statements of Assets and Liabilities for the Funds as of October 31, 2023 are as follows:

 

		Equity Risk - Call and Put Options not Accounted for as Hedging Instruments
		Asset Derivatives				Liability Derivatives
		Investments, at value				Options written, at value
BJAN		$	148,482,565			$	275,924
BFEB			100,375,635				681,490
BMAR			88,099,910				728,590
BAPR			153,197,311				2,046,788
BMAY			112,732,476				2,033,363
BJUN			103,027,723				2,187,564
BJUL			352,775,745				11,916,303
BAUG			189,943,090				8,276,882
BSEP			185,387,137				7,735,578
BOCT			177,340,243				6,471,826
BNOV			87,221,645				3,485,629
BDEC			95,853,155				114,192
PJAN			569,665,972				1,317,161
PFEB			444,111,360				2,217,600
PMAR			380,316,213				3,619,924
PAPR			585,055,003				6,481,111
PMAY			464,975,208				6,829,804
PJUN			529,925,976				9,588,111
PJUL			1,019,991,113				22,822,240
PAUG			910,180,173				25,858,203
PSEP			710,157,288				20,560,853
POCT			747,824,830				23,759,683
PNOV			648,009,321				25,996,710
PDEC			562,379,660				322,334
UJAN			116,126,887				456,514
UFEB			49,550,090				161,354
UMAR			45,285,114				408,336
UAPR			96,071,220				713,880
UMAY			61,974,112				580,648
UJUN			74,856,628				878,416
UJUL			162,381,540				1,113,084
UAUG			345,679,938				2,580,175
USEP			90,177,236				851,947
UOCT			104,879,640				1,835,160
UNOV			31,171,558				829,756
UDEC			69,552,541				8,688
APRD			847,353				1,023,480
APRH			2,362,138				2,685,485
APRJ			3,200,726				3,528,644
APRQ			1,611,353				1,746,722
JULD			1,388,270				1,655,344
JULH			6,343,293				7,207,539
JULJ			5,091,383				5,640,766
JULQ			1,005,397				1,095,659
OCTD			862,241				1,013,862
OCTH			3,178,909				3,566,808
OCTJ			3,213,351				3,532,278
OCTQ			1,137,524				1,234,002
EALT			12,652,785				47,472
ZALT			25,128,014				256,804
HOCT			-				78,286
LOCT			-				158,760

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

The effect of derivative instruments on the Statements of Operations for the year or period ended October 31, 2023:

 

		Equity Risk - Call and Put Options not Accounted for as Hedging Instruments
		Amount of Realized Gain/(Loss) on Derivatives Recognized in Income
		Investments				Investments in-kind				Options written				Options written in-kind
BJAN		$	(17,182,874	)		$	13,659,539			$	(6,486,285	)		$	1,648,675
BFEB			(5,654,752	)			2,007,642				2,647,205				2,873,869
BMAR			(5,504,604	)			799,200				2,932,351				3,205,131
BAPR			(13,171,021	)			6,743,143				4,693,752				3,723,542
BMAY			(10,507,864	)			510,226				4,147,574				8,723,538
BJUN			(7,811,964	)			6,402,150				81,109				7,143,208
BJUL			4,470,415				10,619,451				4,345,053				6,907,827
BAUG			(5,631,494	)			14,325,990				250,417				7,201,507
BSEP			(510,879	)			10,637,177				4,226,861				6,793,169
BOCT			(10,524,073	)			29,758,058				1,767,551				11,755,947
BNOV			(1,735,397	)			7,114,698				3,511,604				4,590,550
BDEC			(6,668,991	)			3,789,711				1,134,269				3,736,164
PJAN			(45,521,911	)			35,216,684				(1,689,754	)			11,792,045
PFEB			(17,528,723	)			12,457,220				8,083,483				12,808,151
PMAR			(16,020,239	)			5,817,032				(25,910	)			17,463,248
PAPR			(32,081,485	)			20,748,498				706,124				20,362,689
PMAY			(31,421,610	)			7,963,287				9,522,178				18,857,068
PJUN			(25,689,518	)			11,534,281				13,014,543				11,556,431
PJUL			(13,285,053	)			53,655,075				5,198,940				27,558,756
PAUG			(26,979,657	)			56,149,951				399,677				30,515,171
PSEP			(25,790,271	)			74,151,707				465,800				37,271,558
POCT			(7,768,789	)			71,966,979				17,086,389				15,804,452
PNOV			(45,006,805	)			65,283,952				1,428,399				44,899,384
PDEC			(21,010,646	)			14,976,645				8,901,080				14,835,776
UJAN			(22,711,625	)			14,766,406				1,929,468				6,032,635
UFEB			(4,571,272	)			2,305,337				319,761				1,855,626
UMAR			(6,249,815	)			3,205,910				(244,680	)			2,550,172
UAPR			(4,361,880	)			4,273,311				(5,225	)			4,153,968
UMAY			(4,830,761	)			5,204,694				922,233				3,348,795
UJUN			(4,833,741	)			5,660,259				1,223,233				2,681,283
UJUL			3,068,658				3,368,240				365,014				1,427,915
UAUG			(4,164,269	)			12,154,378				20,061				4,097,766
USEP			(4,469,009	)			15,217,088				423,328				4,414,187
UOCT			2,258,239				11,003,413				1,592,926				545,555
UNOV			1,363,343				1,900,838				1,369,742				894,621
UDEC			(4,508,034	)			3,207,925				888,042				3,187,176
APRD (a)			878				(77,886	)			10,984				634,398
APRH (a)			(283,161	)			(111,657	)			1,097,880				704,045
APRJ (a)			12,736				(152,701	)			784,785				969,363
APRQ (a)			(140,633	)			(105,649	)			975,555				921,582
JULD			-				-				-				-
JULH (a)			-				79,974				-				26,625
JULJ (a)			(8,457	)			(21,875	)			57,985				183,885
JULQ			-				-				-				-
OCTD			-				-				-				-
OCTH			-				-				-				-
OCTJ			-				-				-				-
OCTQ			-				-				-				-
EALT			-				-				-				-
ZALT			-				-				-				-
HOCT			-				-				-				-
LOCT			-				-				-				-

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

		Equity Risk - Call and Put Options not Accounted for as Hedging Instruments
		Change in Unrealized Appreciation/(Depreciation) on Derivatives Recognized in Income
		Investments				Options written
BJAN		$	13,020,590			$	11,705,141
BFEB			5,580,027				3,426,413
BMAR			8,099,959				1,634,300
BAPR			8,325,609				6,292,147
BMAY			7,722,886				(1,363,929	)
BJUN			3,115,047				655,866
BJUL			(14,158,427	)			(4,211,260	)
BAUG			(3,870,251	)			(1,931,848	)
BSEP			(3,656,699	)			(2,167,120	)
BOCT			(11,926,216	)			(555,582	)
BNOV			(1,730	)			(1,666	)
BDEC			1,928,790				4,993,789
PJAN			42,462,618				21,408,179
PFEB			14,036,614				8,800,378
PMAR			25,014,282				3,920,450
PAPR			18,016,013				14,235,075
PMAY			16,699,605				320,063
PJUN			8,698,912				3,108,451
PJUL			(36,452,791	)			2,031,405
PAUG			(24,047,957	)			(2,023,460	)
PSEP			(19,326,452	)			(113,006	)
POCT			(35,866,865	)			9,508,350
PNOV			(28,420	)			(28,154	)
PDEC			4,807,940				18,505,173
UJAN			20,054,509				(3,353,264	)
UFEB			4,917,823				(618,967	)
UMAR			5,574,693				(1,164,982	)
UAPR			3,302,124				(753,662	)
UMAY			1,682,077				(1,541,267	)
UJUN			1,238,641				(719,138	)
UJUL			(8,314,708	)			1,981,490
UAUG			(9,098,594	)			870,993
USEP			(5,246,782	)			701,936
UOCT			(7,330,768	)			3,594,257
UNOV			2,821				2,873
UDEC			3,244,789				(714,665	)
APRD (a)			(1,484,375	)			1,132,946
APRH (a)			(6,755,831	)			6,088,979
APRJ (a)			(10,070,184	)			9,275,623
APRQ (a)			(5,860,446	)			4,651,121
JULD (a)			241,897				(313,062	)
JULH (a)			184,041				(466,288	)
JULJ (a)			(790,368	)			560,851
JULQ (a)			(152,657	)			164,708
OCTD (a)			41,061				(55,451	)
OCTH (a)			(84,242	)			58,558
OCTJ (a)			(188,978	)			167,702
OCTQ (a)			(114,510	)			112,566
EALT			(362,619	)			90,218
ZALT			(291,479	)			252,399
HOCT (a)			-				(2,583	)
LOCT (a)			-				(3,651	)

 

a.	Amount is included in the change in unrealized appreciation/(depreciation) on investments on the statement of operations.

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

The average volume of derivative activity during the year or period ended October 31, 2023, is as follows:

 

		Purchased Options				Options Written
		Average Monthly Market Value				Average Monthly Market Value
BJAN		$	168,364,951			$	(4,316,984	)
BFEB			103,506,144				(2,925,892	)
BMAR			93,015,252				(2,651,230	)
BAPR			151,022,946				(4,952,062	)
BMAY			139,480,474				(3,553,194	)
BJUN			126,551,530				(3,223,347	)
BJUL			218,305,565				(5,196,629	)
BAUG			144,964,920				(3,771,505	)
BSEP			171,259,339				(3,993,635	)
BOCT			184,233,165				(4,796,073	)
BNOV			119,514,486				(2,559,239	)
BDEC			106,043,890				(2,363,944	)
PJAN			627,993,852				(20,233,312	)
PFEB			491,953,556				(15,039,391	)
PMAR			381,000,671				(13,372,356	)
PAPR			529,446,067				(17,102,934	)
PMAY			488,665,157				(13,306,859	)
PJUN			470,361,389				(13,223,580	)
PJUL			662,095,891				(15,505,033	)
PAUG			631,772,402				(12,875,627	)
PSEP			625,822,022				(13,382,388	)
POCT			572,173,187				(25,886,131	)
PNOV			757,093,410				(18,343,679	)
PDEC			638,862,582				(12,199,819	)
UJAN			162,917,520				(5,115,899	)
UFEB			72,673,648				(1,699,951	)
UMAR			73,183,742				(2,108,274	)
UAPR			140,506,474				(3,067,139	)
UMAY			86,993,054				(1,756,958	)
UJUN			87,564,756				(1,674,425	)
UJUL			97,113,558				(1,736,889	)
UAUG			136,891,779				(1,220,336	)
USEP			107,719,100				(1,873,435	)
UOCT			101,604,192				(5,693,624	)
UNOV			51,515,836				(1,328,865	)
UDEC			88,298,624				(1,252,496	)
APRD			1,020,278				(1,199,067	)
APRH			3,385,760				(3,780,523	)
APRJ			4,839,198				(5,293,623	)
APRQ			2,832,817				(3,058,505	)
JULD			786,214				(929,510	)
JULH			4,004,091				(4,506,935	)
JULJ			3,549,956				(3,907,834	)
JULQ			815,521				(887,909	)
OCTD			593,549				(696,198	)
OCTH			1,765,099				(1,978,222	)
OCTJ			1,751,953				(1,923,568	)
OCTQ			677,850				(733,193	)
EALT			6,649,208				(26,744	)
ZALT			12,890,977				(135,579	)
HOCT			-				(57,203	)
LOCT			-				(91,798	)

  

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

Use of Estimates:

 

In preparing financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period.  Actual results could differ from these estimates.

 

Guarantees and Indemnifications:

 

In the normal course of business, the Trust may enter into a contract with service providers that contain general indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims against the Trust that have not yet occurred. Based on experience, the Trust expects the risk of loss to be remote.

 

Tax Information:

 

The Funds are treated as separate entities for federal income tax purposes. The Funds intend to qualify as regulated investment companies (“RICs”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). To qualify and remain eligible for the special tax treatment accorded to RICs, the Funds must meet certain annual income and quarterly asset diversification requirements and must distribute annually at least 90% of the sum of (i) its investment company taxable income (which includes dividends, interest and net short-term capital gains) and (ii) certain net tax-exempt income, if any. If so qualified, the Funds will not be subject to federal income tax to the extent the Funds distribute substantially all of their net investment income and capital gains to shareholders.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

Management evaluates the Funds’ tax positions to determine if the tax positions taken meet the minimum recognition threshold in connection with accounting for uncertainties in income tax positions taken or expected to be taken for the purposes of measuring and recognizing tax liabilities in the financial statements. Tax benefits associated with an uncertain tax position can be recognized only when the position is “more likely than not” to be sustained assuming examination by taxing authorities. Interest and penalties related to income taxes would be recorded as tax expense in the Statements of Operations. During the year or period ended October 31, 2023, the Funds did not incur any interest or penalties. The Funds’ federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. As of October 31, 2023, the Funds did not have a liability for any unrecognized tax benefits. As of October 31, 2023, the Funds have no examinations in progress and management is not aware of any tax positions for which it is reasonably possible that the amounts of unrecognized tax benefits will significantly change in the next twelve months. The Funds are subject to examination by U.S. Federal tax authorities for all tax years since inception.

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued) 

 

U.S. GAAP requires that certain components of net assets be reclassified between distributable earnings/(accumulated deficit) and additional paid-in capital.  These reclassifications have no effect on net assets or net asset value per share.  For the year or period ended October 31, 2023, the Funds made the following permanent book-to-tax reclassifications due to deemed distributions, net operating losses, and redemption in-kind transactions: 

 

		Distributable Earnings/ (Accumulated Deficit)				Paid-In Capital
BJAN		$	(13,914,914	)		$	13,914,914
BFEB			(4,111,440	)			4,111,440
BMAR			(3,385,100	)			3,385,100
BAPR			(9,528,348	)			9,528,348
BMAY			(8,153,343	)			8,153,343
BJUN			(12,969,100	)			12,969,100
BJUL			(18,066,455	)			18,066,455
BAUG			(20,689,527	)			20,689,527
BSEP			(16,273,031	)			16,273,031
BOCT			(40,509,079	)			40,509,079
BNOV			(11,067,019	)			11,067,019
BDEC			(6,828,938	)			6,828,938
PJAN			(43,031,817	)			43,031,817
PFEB			(23,278,290	)			23,278,290
PMAR			(21,620,374	)			21,620,374
PAPR			(38,901,551	)			38,901,551
PMAY			(24,245,270	)			24,245,270
PJUN			(21,064,155	)			21,064,155
PJUL			(78,710,467	)			78,710,467
PAUG			(84,496,631	)			84,496,631
PSEP			(108,674,348	)			108,674,348
POCT			(85,310,256	)			85,310,256
PNOV			(107,933,226	)			107,933,226
PDEC			(27,890,892	)			27,890,892
UJAN			(18,703,881	)			18,703,881
UFEB			(3,790,125	)			3,790,125
UMAR			(5,367,819	)			5,367,819
UAPR			(7,766,755	)			7,766,755
UMAY			(7,995,165	)			7,995,165
UJUN			(7,812,120	)			7,812,120
UJUL			(4,372,782	)			4,372,782
UAUG			(15,842,999	)			15,842,999
USEP			(18,978,000	)			18,978,000
UOCT			(10,917,563	)			10,917,563
UNOV			(2,421,266	)			2,421,266
UDEC			(6,022,789	)			6,022,789
APRD			-				-
APRH			(180,954	)			180,954
APRJ			(42,523	)			42,523
APRQ			(191,812	)			191,812
JULD			-				-
JULH			-				-
JULJ			-				-
JULQ			-				-
OCTD			-				-
OCTH			-				-
OCTJ			-				-
OCTQ			-				-
EALT			-				-
ZALT			-				-
HOCT			-				-
LOCT			-				-

 

 

INNOVATOR ETFs TRUST

 

Notes to Financial Statements (Continued)