(EPRF) Innovator S&P Investment - Ratings and Ratios

The Innovator S&P Investment Grade Preferred ETF (EPRF) is designed to track the performance of the S&P U.S. Investment Grade Preferred Stock Index, focusing on high-quality preferred securities. The fund typically allocates at least 90% of its assets to holdings within the index, ensuring alignment with the underlying benchmark. The index itself includes a diverse range of investment-grade preferred stocks issued by U.S. corporations, providing exposure to a stable income stream with lower volatility compared to common equities.

From a technical standpoint, EPRF is currently trading at $18.29, slightly below its 20-day SMA of $18.39 but in line with its 50-day SMA of $18.29. The 200-day SMA of $18.45 suggests the fund is trading near its longer-term average, indicating a sideways trend. The Average True Range (ATR) of 0.18 highlights relatively low volatility, making it suitable for risk-averse investors seeking steady returns.

Fundamentally, EPRF manages approximately $91.11 million in assets, which is modest but sufficient to maintain liquidity in the preferred stock market. The funds focus on investment-grade securities ensures a higher level of credit quality, reducing default risk and providing a more stable source of income for investors.

3-Month Forecast: Based on the current technical and fundamental data, EPRF is expected to remain range-bound between $18.10 and $18.50 over the next three months. The funds low ATR of 0.18 suggests minimal price fluctuations, with support likely at the 200-day SMA of $18.45. The preferred stock markets stability, combined with the funds focus on investment-grade issues, supports a neutral to slightly bullish outlook.