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LOCT Innovator Premium Income 15 Buffer ETF - October

Buffer with income on SPY, paying monthly

Over the year to Sep 11, 2026, LOCT paid 5.2% in cash and still finished 12.1 points behind SPY.

Innovator · Income ETFs · data as of

Key facts

5.2%Cash paid, 1 year, on its starting price
+5.4%Total return, 1 year
−12.1 ptsAgainst SPY
5.2%Latest payout, annualized

Method

ETFIQ Return Stability Score

40.5116th of 161

LOCT paid 5.2% in cash and its price rose 0.1%, so the payout came out of returns rather than principal.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsRNTY −12.1 ptsAIPI −12.0 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsSRHR −9.7 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsRDTE −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsGPIQ −1.1 ptsQDTY −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsQYLG −0.3 ptsGPIX 0.0 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsLOCT −12.1 ptsLOCT −12.1 pts−38.1 pts+24.6 pts

23.9% of the 161 sit at or below LOCT on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%RDTE −19.4%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%QDTY −12.8%XDTE −12.8%AIPI −12.2%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%XLFI −3.8%FGSI −3.2%BUCK −2.5%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%SRHR +1.0%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%QYLG +2.8%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%GPIX +7.9%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%GPIQ +9.8%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%LOCT +0.1%LOCT +0.1%−75.0%+68.6%

57.1% of the 161 sit at or below LOCT on this measure.

Weighted evenly, those two positions are what the score combines, across the 161 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−12.1 pts23.950%
what happened to the principal+0.1%57.150%

All income ETFs ranked by this score · How it is computed

What a holder got

LOCT against SPYLOCT returned +5.4% with distributions reinvested against +17.5% for S&P 500 (SPY), used as a default proxy, a gap of −12.1 pts. Of that, 5.2% arrived as cash rather than price.+5.4%LOCT total return+17.5%S&P 500 (SPY), used as a default proxy5.2% of it arrived as cash

Over the year to Sep 11, 2026, LOCT returned +5.4% with distributions reinvested and S&P 500 (SPY), used as a default proxy returned +17.5%, so a holder came out behind it by 12.1 points. The lighter segment is the 5.2% that arrived as cash rather than as price.

Method

Period by period

LOCT over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months1.3%−0.1%+1.1%+3.3%−2.1 pts
6 months2.6%+0.9%+3.6%+16.0%−12.4 pts
1 year5.2%+0.1%+5.4%+17.5%−12.1 pts
Since launch16.5%+0.4%+18.4%+85.0%−66.6 pts

Method

When LOCT pays

LOCT pays monthly. The last distribution was $0.1028 a share, which went ex on Aug 31, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 31 days the ex-date falls near Oct 1, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for LOCT. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 1, 2026Oct 5, 2026$0.1028ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for LOCT (13, most recent first)
Cash distributions per share for LOCT. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Aug 31, 2026$0.1028
Jul 31, 2026$0.1028
Jun 30, 2026$0.1028
May 29, 2026$0.1028
Apr 30, 2026$0.1028
Mar 31, 2026$0.1028
Feb 27, 2026$0.1028
Jan 30, 2026$0.1028
Dec 31, 2025$0.1028
Nov 28, 2025$0.1028
Oct 31, 2025$0.1028
Sep 30, 2025$0.1016
Aug 29, 2025$0.1016

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Oct 2, 2023, LOCT has returned +18.4% with distributions reinvested, against +85.0% for S&P 500 (SPY), used as a default proxy, and has paid out 16.5% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 5.2%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

LOCT (Innovator Premium Income 15 Buffer ETF - October), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategybuffer with income
BenchmarkS&P 500 (SPY), used as a default proxy (proxy)
Paysmonthly
Net assets (issuer page, as of Sep 11, 2026)$11m
Latest payout, annualized (ETFIQ)5.2%
Expense ratio (485BPOS XBRL, Feb 27, 2026)0.79%
Cash paid, last 12 months, over today’s price (ETFIQ)5.2%
LaunchedOct 2, 2023
Paysmonthly
Typical gap between ex-dates31 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.1028 ex Aug 31, 2026
Sum of the last 12 distributions$1.2321

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has LOCT paid over the last year?
Over the year to Sep 11, 2026, LOCT paid 5.2% of its starting price in cash distributions, while the price rose 0.1%.
Is LOCT ahead of SPY?
Over the year to Sep 11, 2026, with every distribution reinvested, LOCT returned +5.4% against +17.5% for S&P 500 (SPY), used as a default proxy, so a holder was behind it by 12.1 points.
How often does LOCT pay, and how much?
LOCT pays monthly. The latest distribution annualizes to 5.2% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does LOCT next pay a distribution?
LOCT pays monthly. The last distribution went ex on Aug 31, 2026 at $0.1028 a share. The next is not declared; on a cadence of about 31 days the ex-date falls near Oct 1, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does LOCT cost?
The prospectus expense ratio is 0.79% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Funds near this one

Put this on your own page

The payout bar for LOCT, redrawn every trading night. Free to use with the credit link.

LOCT payout bar, ETFIQ

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<p><a href="https://etfiq.com/funds/loct">LOCT payout bar, updated daily by ETFIQ</a></p>

Where LOCT is written about

LOCT, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open LOCT live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, LOCT, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/loct Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources