Kensington Hedged Premium Income ETF
Cboe Consolidated Listings:KHPI

  • LAST PRICE
    25.68
  • TODAY'S CHANGE (%)
    0.01 (0.04%)
  • Bid / Lots
    12.82/ 1
  • Ask / Lots
    38.44/ 2
  • Open / Previous Close
    25.63 / 25.67
  • Day Range
    25.60
    25.68
  • 52 Week Range
    24.71
    25.84
  • Volume
    11,485
  • Overall Morningstar Rating
    Not Ratedout of 173 funds

Search Criteria

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CompanyCountrySymbol

Charts

Price Comparison Graph. See accessible table below
Data delayed at least 15 minutes.

Daily Premium/Discount

Bar Graph.See accessible table below
ETFs trading at a price higher than its Net Asset Value (NAV) is said to be trading at a premium, while those trading at price lower than its NAV is said to be at a discount. By showing the daily premium/discount percentage, we can see the trend in market sentiments, regarding the value of an ETF over time.

Holdings Diversification

Asset Class
US Stock		96.4%
Cash		3.0%
Non-US Stock		0.6%
Convertible		0
Non-US Bond		0
Other		0
Sectors
Technology31.9%
Financial Serv.s12.1%
Healthcare11.3%
Consumer Cyclical10.0%
Communication Services8.6%
Industrials7.3%
Consumer Defensive5.7%
Energy3.2%
Utilities2.6%
Real Estate2.3%
Basic Mat.1.9%
Geographic Region
United States		99.4%
Europe		0.2%
Asia/Oceania		0.1%
Africa		0
Latin America		0
Canada		0
As of 2024-10-31

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
VOO
Vanguard S&P 500 ETF
Long
97.3%
+0.10%
$24.3M
Option on S&P 500 PR
Short
1.7%
-50.00%
$-414.9K
Option on S&P 500 PR
Long
1.5%
---
$385.4K
Option on CBOE Mini-Spx Index Xsp PR USD
Long
0.7%
---
$184.7K
Option on CBOE Mini-Spx Index Xsp PR USD
Short
0.5%
-50.00%
$-125.9K
Option on S&P 500 PR
Long
0.4%
---
$90.4K
Option on S&P 500 PR
Short
0.3%
-50.00%
$-82.1K
Option on CBOE Mini-Spx Index Xsp PR USD
Short
0.2%
-50.00%
$-37.9K
Option on CBOE Mini-Spx Index Xsp PR USD
Long
0.1%
---
$20.6K
As of 2024-11-11

Reports

No reports available

Morningstar Ratings

Time HorizonStar Rating
Overall RatingNot Rated
3 Year RatingNot Rated
5 Year RatingNot Rated
10 Year RatingNot Rated
As of 2024-10-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

ETF Profile
Best Fit Index
N/A
Category
Derivative Income
Sponsor
Kensington Asset Management LLC
Inception
September 4, 2024
As of 2024-10-31

The investment seeks current income with the potential for capital appreciation. In implementing its strategy, the manager employs a methodology similar the MerQube Hedged Premium Income Index (the “MQKHPI”). The MQKHPI is designed to be 100% invested in the Vanguard S&P 500 ETF (VOO) while selling 1-Month call options and purchasing 3-Month put options on the SPDR S&P 500 ETF (SPY). The MQKHPI aims to generate income from selling call spreads while providing downside protection through the purchase of put spreads, maintaining exposure to the U.S. large-cap equity market. The fund is non-diversified.

Holding Details
Total Net Assets$25.0M
Shares Out.1.5M
Net Asset Value (NAV)$25.60
Prem/Discount to NAV0.33%
P/E Ratio26.9
Dividend Yield1.46%
Dividend per Share0.38 USD
Ex-Dividend Date10/31/2024
Dividend Payment Date11/1/2024
Beta---
Morningstar Investment StyleDerivative Income
Equity Style
Large Cap Blend
Credit Quality / Duration
---
Fees & Expenses
Actual Management Fee0.95%
Actual Mgmt. Expense Ratio (MER)---