KHPI
·CBOE
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Key Stats
Assets Under Management
248.38MUSD
Fund Flows (1Y)
192.29MUSD
Dividend Yield
8.94%
Discount/Premium to NAV
0.23%
Shares Outstanding
9.60M
Expense Ratio
0.96%
About Kensington Hedged Premium Income ETF
Issuer
Kensington Asset Management, LLC
Brand
Kensington
Inception Date
Sep 3, 2024
Structure
Open-Ended Fund
Index Tracked
--
Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Kensington Asset Management LLC
Distributor
Quasar Distributors LLC
KHPIs core strategy involves purchasing other S&P 500 ETFs and implementing a monthly call option strategy for income and a quarterly put option strategy for downside protection. Using ETFs allows for dividends, while the use of index options provides preferred tax treatment. The fund is flexible in choosing S&P 500 ETFs and options, actively managing risk-to-reward ratios. Variations in market conditions, interest rates, and volatility will influence option costs and strategies. KHPI aims to balance premium income, downside protection, and upside potential for current income and capital appreciation. Expected performance includes outperformance when the S&P 500 is flat or declines due to monthly premiums, and underperformance when the S&P 500 rises due to the sacrifice of upside potential for reduced volatility and additional income.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Active
Geography
--
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.47% | +0.62% | +2.13% | +1.00% | +3.31% | +3.31% |
NAV Total Return | +1.35% | +4.20% | +12.40% | +11.07% | +0.06% | +0.06% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
37.11%
Financial Services
12.51%
Consumer Cyclical
10.74%
Communication Services
10.49%
Healthcare
8.96%
Industrials
6.95%
Consumer Defensive
4.72%
Energy
2.82%
Utilities
2.36%
Technology
37.11%
Financial Services
12.51%
Consumer Cyclical
10.74%
Communication Services
10.49%
Healthcare
8.96%
Industrials
6.95%
Consumer Defensive
4.72%
Energy
2.82%
Utilities
2.36%
Show more
Asset
Region
99.61%
0.39%
Category
Ratio
North America
99.61%
Europe
0.39%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
VOO
Vanguard S&P 500 ETF
100.45%
US BANK MMDA - USBGFS 9 09/01/2037
1.45%
SPX 12/19/2025 6801.08 C
0.98%
Cash & Other
0.51%
SPX 12/19/2025 6331.14 P
0.02%
SPX 12/19/2025 5331.49 P
0.00%
SPX 12/19/2025 6602.99 C
-3.41%
Top 10 Weight 100%
7 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-11-28 | 2025-11-28 | 2025-12-01 | 0.195 |
| 2025-10-31 | 2025-10-31 | 2025-11-03 | 0.197 |
| 2025-09-30 | 2025-09-30 | 2025-10-01 | 0.192 |
| 2025-08-29 | 2025-08-29 | 2025-09-02 | 0.192 |
| 2025-07-31 | 2025-07-31 | 2025-08-01 | 0.192 |
| 2025-06-30 | 2025-06-30 | 2025-07-01 | 0.190 |
| 2025-05-30 | 2025-05-30 | 2025-06-02 | 0.186 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
