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Innovator ETFs Trust - Innovator S&P Investment Grade Preferred ETF
Innovator ETFs Trust - Innovator S&P Investment Grade Preferred ETF is an exchange traded fund launched and managed by Innovator Capital Management, LLC. The fund is co-managed by Penserra Capital Management LLC. The fund invests in the fixed income markets of the United States. It invests in fixed-rate preferred securities issued by corporations. The fund invests in investment grade securities that are rated at least BBB- by S&P and Fitch and at least Baa3 by Moody’s. It seeks to replicate the performance of the S&P U.S. High Quality Preferred Stock Index, by using full replication technique. Innovator ETFs Trust - Innovator S&P Investment Grade Preferred ETF was formed on May 23, 2016 and is domiciled in the United States.
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