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Kensington Hedged Premium Income ETF (KHPI)

Derivative Income | Exchange Traded Fund | Cboe US
25.58 USD -0.01 (-0.039%) ⇩ (April 21, 2026, 3:42 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 19, 2026, 12:09 a.m. EDT

Accumulating condensed debt via a tight sideways channel with a 9.45% yield that appears unsustainable given the recent cut trajectory, making this a low-conviction hold/avoid rather than a strong play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.014929
MSTL0.015047
AutoTheta0.019051
AutoARIMA0.026367

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 34%
H-stat 69.89
Ljung-Box p 0.000
Jarque-Bera p 0.033
Excess Kurtosis -0.46
Attribute Value
Trailing P/E 27.19

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.75% 9.43%
Dividend History
Date Dividend Yield %
2026-03-31 0.181 0.747625
2026-02-27 0.194 0.763860
2026-01-30 0.194 0.766941
2025-12-31 0.194 0.773331
2025-11-28 0.195 0.771158
2025-10-31 0.197 0.787640
2025-09-30 0.192 0.786798
2025-08-29 0.192 0.796459
2025-07-31 0.192 0.802134
2025-06-30 0.190 0.804192
2025-05-30 0.186 0.813154
2025-04-30 0.179 0.817274
2025-03-31 0.182 0.831291
2025-02-28 0.191 0.832148
2025-01-31 0.193 0.841189
2024-12-31 0.225 0.996794
2024-11-29 0.159 0.699866
2024-10-31 0.185 0.846756
2024-09-30 0.190 0.860103
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 9.45

Info Dump

Attribute Value
All Time High 26.59
All Time Low 22.13
Ask 25.63
Ask Size 100
Average Daily Volume10 Day 79,630
Average Daily Volume3 Month 99,062
Average Volume 99,062
Average Volume10Days 79,630
Beta3 Year 0.0
Bid 25.56
Bid Size 200
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.7199
Day Low 25.54
Dividend Yield 9.45
Eps Trailing Twelve Months 0.9408006
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.17304
Fifty Day Average Change 0.40695953
Fifty Day Average Change Percent 0.016166484
Fifty Two Week Change Percent 9.593153
Fifty Two Week High 26.55
Fifty Two Week High Change -0.9699993
Fifty Two Week High Change Percent -0.036534816
Fifty Two Week Low 23.24
Fifty Two Week Low Change 2.3400002
Fifty Two Week Low Change Percent 0.10068847
Fifty Two Week Range 23.24 - 26.55
First Trade Date Milliseconds 1,725,543,000,000
Full Exchange Name Cboe US
Fund Family Kensington Asset Management LLC
Fund Inception Date 1,725,408,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name Kensington Hedged Premium Income ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1885019819
Nav Price 25.6039
Net Assets 324,538,656.0
Net Expense Ratio 0.96
Open 25.54
Phone 414-287-3700
Previous Close 25.59
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.010000229
Regular Market Change Percent -0.03904814
Regular Market Day High 25.7199
Regular Market Day Low 25.54
Regular Market Day Range 25.54 - 25.7199
Regular Market Open 25.54
Regular Market Previous Close 25.59
Regular Market Price 25.58
Regular Market Time 1,776,800,570
Regular Market Volume 109,066
Short Name Kensington Hedged Premium Incom
Source Interval 15
Symbol KHPI
Total Assets 324,538,656
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 27.189608
Trailing Peg Ratio None
Trailing Three Month Nav Returns -3.47162
Trailing Three Month Returns -3.47162
Triggerable 1
Two Hundred Day Average 25.58721
Two Hundred Day Average Change -0.007209778
Two Hundred Day Average Change Percent -0.00028177272
Type Disp ETF
Volume 109,066
Yield 0.0945
Ytd Return -3.47162