Innovator S&P High Quality Preferred ETF Renamed as the Innovator S&P Investment Grade Preferred ETF (EPRF)
16 Luglio 2018 - 3:00PM
Innovator Capital Management, LLC (Innovator) announced today the
Innovator ETFs Board of Trustees has approved a name change for the
Innovator S&P High Quality Preferred ETF (EPRF) to the
Innovator S&P Investment Grade Preferred ETF, effective July
16, 2018. The ticker symbol, underlying index and CUSIP remain the
same and current shareholders are not required to take any actions
as a result of this change.
“EPRF is the only ETF on the market today
providing access to a portfolio of 100% investment grade preferred
shares,” said Bruce Bond, Chief Executive Officer of Innovator
Capital Management. “We believe renaming EPRF as the Innovator
S&P Investment Grade Preferred ETF more accurately reflects the
funds’ underlying holdings.”
“Many institutions, by mandate, are limited to
investment grade credit quality instruments. Within the preferred
asset class, EPRF is the only ETF that fulfills this requirement,”
said Graham Day, CFA, Innovator’s Vice President of Product &
Research. “We believe credit risk is at historically dangerous
levels. EPRF is a timely solution for investors looking to improve
credit quality in one’s portfolio.”
Investment grade preferreds offer high yields,
moderate duration and high credit quality. Click on the following
link to access Innovator ETFs latest market update: Have You Traded
Interest Rate Risk for Credit Risk?
The Innovator S&P Investment Grade Preferred
ETF (EPRF) is based on the S&P U.S. High Quality Preferred
Stock Index, which selects investment grade preferred issues (BBB-
or higher) from U.S. listed preferred stocks, rebalancing
quarterly. View EPRF’s full holding and details.
About Innovator Capital Management,
LLCInnovator Capital Management, LLC is an SEC registered
investment advisor (RIA) based in Wheaton, IL. Formed in 2014, the
firm is currently headed by ETF visionaries Bruce Bond and John
Southard, founders of one of the largest ETF providers in the
world. Innovation is our hallmark and acts as a guide to our
company principles. Innovator is committed to helping investors
better control their financial outcomes by providing investment
opportunities they never considered or thought possible.
Media ContactBill Conboy(303)
415-2290bill@bccapitalpartners.com
Investing involves risks. Principal loss is
possible. The Fund’s return may not match the return of the Index.
The fund invests in preferred securities which may be subject to
many of the risks associated with debt securities, including
interest rate risk. The fund invests in equity securities which may
be subject to volatile price fluctuations. Because the fund is
non-diversified and can invest a greater portion of its assets in
securities of individual issuers than a diversified fund, changes
in the market value of a single investment could cause greater
fluctuations in share price. The Fund’s investment
objectives, risks, charges and expenses should be considered
carefully before investing. The prospectus contains this and other
important information, and may be obtained at innovatoretfs.com.
Read it carefully before investing. Innovator ETFs are
distributed by Foreside Fund Services, LLC.
Copyright © 2018 Innovator Capital Management,
LLC.800.208.5212
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