# EDGAR Filing Document

**Accession Number:** 0001415726
**File Stem:** 0001437749-23-007890
**Filing Date:** 2023-3
**Character Count:** 2892
**Document Hash:** 954059604a9851655a5bc6e060c1256e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-007890.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001437749-23-007890

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230324

**EFFECTIVENESS DATE**: 20230327

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Innovator ETFs Trust
- **CENTRAL INDEX KEY:** 0001415726
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-146827
- **FILM NUMBER:** 23760994

**BUSINESS ADDRESS:**
- **STREET 1:** 109 NORTH HALE STREET
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 800-621-1675

**MAIL ADDRESS:**
- **STREET 1:** 109 NORTH HALE STREET
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INNOVATOR ETFS TRUST
- **DATE OF NAME CHANGE:** 20170825

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Academy Funds Trust
- **DATE OF NAME CHANGE:** 20071019

## Series and Classes Contracts Data

### Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly (Series ID: S000068658)

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|  |  |
|:---|:---|
| Class Name                                               | Class ID   |
| Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly | C000219606 |

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## Series and Classes Contracts Data

### Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly (Series ID: S000068658)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000219606 | Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly |  |

Rule 497(e)

File No. 333-146827

Innovator ETFs Trust

(the "*Trust*")

Innovator 20+ Year Treasury Bond 5 Floor ETF™ – Quarterly

(the "*Fund*")

Supplement To the Fund's Prospectus<br> Dated February 27, 2023

March 24, 2023

As described in detail in the Fund's prospectus, an investment in shares of the Fund is subject to an upside return cap (the "*Cap*") that represents the maximum percentage return an investor can achieve from an investment in the Fund for the outcome period of approximately three months. The current Outcome Period will end on March 31, 2023, and the Fund will commence a new outcome period that will begin on April 1, 2023 and end on June 30, 2023. The Fund's new Cap will not be determined until the start of the new outcome period on April 1, 2023. As of March 23, 2023, the expected range of the Fund's Cap is set forth below.

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| | | |
|:---|:---|:---|
| **Fund Name** | **Ticker** | **Estimated Cap Range** |
| Innovator 20+ Year Treasury Bond 5 Floor ETF™ – Quarterly | TFJL | 7.07% – 9.98%<br> (6.87% – 9.78% after taking into account the Fund's unitary management fee) |

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Please Keep This Supplement With Your Prospectus For Future Reference