LJUL ETF — Innovator Premium Income 15 Buffer ETF - July

Innovator Premium Income 15 Buffer ETF - July (LJUL)

Updated October 16, 2026.

LJUL is an ETF. its distribution rate is 5.31%, its trailing-12-month yield is 5.22%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 13.5% over the past 2.3 years, 30.1 points behind SPY at 43.6%.

Innovator Premium Income 15 Buffer ETF - July is an actively managed ETF that invests in U.S. Treasury bills and flexible exchange options referencing the S&P 500, designed to generate income while providing downside protection. The fund distributes a high current income rate on a monthly basis and carries an expense ratio of 0.79%. It appeals to income-focused investors seeking regular distributions alongside a buffer against equity market declines.

LJUL performance versus SPY

Price and return data through 2026-10-16.

Total return is 13.5% over the past 2.3 years, 30.1 points behind SPY at 43.6%. Over the past year its total return — price change plus distributions reinvested — is 5.4%. Its deepest 1-year drawdown was 0.5%.

LJUL key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

4.46%

Issuer

Innovator ETFs

Asset type

ETF

Asset class

Equity

Inception date

06/28/2024

Expense ratio

0.79%

Distribution rate

5.31%

Distribution frequency

Monthly

Trailing yield

5.22%

Last close

$23.93 (as of 2026-10-16)

AUM

$8,990,355

Average volume

216.0

Dividend

$0.10591

Ex-dividend date

09/30/2026

Payment date

10/02/2026

Beta

0.0869

How Dividend Vision calculates yield and returns

Distribution rate (5.31%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.22%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Innovator ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

LJUL risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 0.5%.

Who may consider LJUL — and who may not

LJUL may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Frequently asked questions

More securities from Innovator ETFs.