Kensington Hedged Premium Income ETF (KHPI)Derivative Income | Exchange Traded Fund | Cboe US
26.06 USD
+0.06
(0.231%)
⇧
(Oct. 16, 2026, 3:59 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 8:10 a.m. EDT
The Kensington Hedged Premium Income ETF presents a classic case of a specialized income vehicle trading at a modest discount to its moving averages, offering a compelling yield but lacking the explosive momentum required for a bullish short-term call. The six-month price trajectory shows a slight uptick, yet the recent fourteen-day action reveals a sideways grind with minor downward pressure, suggesting the market is digesting the premium associated with its hedged strategy rather than rushing to bid it up. While the statistical forecast model indicates a high-confidence, albeit tiny, upward drift over the next month, this is insufficient to override the lack of technical breakout patterns. For the long term, the asset is too new to evaluate based on multi-year price history, but the current fundamentals appear stable enough to warrant a neutral stance rather than a strong buy. The real story here is the dividend: a robust 6.83% yield that has remained remarkably consistent over the last year, though the recent dip in payment amounts suggests the fund may be navigating a period of lower underlying income or NAV adjustments. This makes it a solid candidate for income-focused portfolios seeking protection, but investors should not expect significant capital appreciation in the near term. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.006341 |
| AutoETS | 0.006757 |
| AutoARIMA | 0.006761 |
| MSTL | 0.006878 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 76% |
| H-stat | 0.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.555 |
| Excess Kurtosis | -0.68 |
| Attribute | Value |
|---|---|
| Trailing P/E | 24.02 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.76% | 9.03% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-30 | 0.195 | 0.755521 |
| 2026-08-31 | 0.196 | 0.757634 |
| 2026-07-31 | 0.193 | 0.745318 |
| 2026-06-30 | 0.193 | 0.747483 |
| 2026-05-29 | 0.196 | 0.751246 |
| 2026-04-30 | 0.192 | 0.750293 |
| 2026-03-31 | 0.181 | 0.747625 |
| 2026-02-27 | 0.194 | 0.758109 |
| 2026-01-30 | 0.194 | 0.755452 |
| 2025-12-31 | 0.194 | 0.756041 |
| 2025-11-28 | 0.195 | 0.748273 |
| 2025-10-31 | 0.197 | 0.758568 |
| 2025-09-30 | 0.192 | 0.752056 |
| 2025-08-29 | 0.192 | 0.755608 |
| 2025-07-31 | 0.192 | 0.755311 |
| 2025-06-30 | 0.190 | 0.751582 |
| 2025-05-30 | 0.186 | 0.754258 |
| 2025-04-30 | 0.179 | 0.752417 |
| 2025-03-31 | 0.182 | 0.759599 |
| 2025-02-28 | 0.191 | 0.754642 |
| 2025-01-31 | 0.193 | 0.757071 |
| 2024-12-31 | 0.225 | 0.890384 |
| 2024-11-29 | 0.159 | 0.619641 |
| 2024-10-31 | 0.185 | 0.745066 |
| 2024-09-30 | 0.190 | 0.751285 |
| Attribute | Value |
|---|---|
| All Time High | 26.59 |
| All Time Low | 22.13 |
| Ask | 26.05 |
| Ask Size | 1,800 |
| Average Daily Volume10 Day | 107,940 |
| Average Daily Volume3 Month | 87,635 |
| Average Volume | 87,635 |
| Average Volume10Days | 107,940 |
| Beta3 Year | 0.0 |
| Bid | 26.03 |
| Bid Size | 500 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.07 |
| Day Low | 25.9327 |
| Display Name | Kensington Hdg Premium Incm ETF |
| Dividend Yield | 6.83 |
| Eps Trailing Twelve Months | 1.0847943 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 26.01128 |
| Fifty Day Average Change | 0.048719406 |
| Fifty Day Average Change Percent | 0.0018730107 |
| Fifty Two Week Change Percent | 0.7361531 |
| Fifty Two Week High | 26.55 |
| Fifty Two Week High Change | -0.48999977 |
| Fifty Two Week High Change Percent | -0.018455736 |
| Fifty Two Week Low | 23.95 |
| Fifty Two Week Low Change | 2.1099987 |
| Fifty Two Week Low Change Percent | 0.08810015 |
| Fifty Two Week Range | 23.95 - 26.55 |
| First Trade Date Milliseconds | 1,725,543,000,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.059999466 |
| Fullday Change Percent | 0.23076718 |
| Fullday Price | 26.06 |
| 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 | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1885019819 |
| Nav Price | 25.9544 |
| Net Assets | 437,928,672.0 |
| Net Expense Ratio | 0.98 |
| Open | 26.01 |
| Phone | 414-287-3700 |
| Previous Close | 26.0 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0599995 |
| Regular Market Change Percent | 0.230767 |
| Regular Market Day High | 26.07 |
| Regular Market Day Low | 25.9327 |
| Regular Market Day Range | 25.9327 - 26.07 |
| Regular Market Open | 26.01 |
| Regular Market Previous Close | 26.0 |
| Regular Market Price | 26.06 |
| Regular Market Time | 1,792,180,794 |
| Regular Market Volume | 99,659 |
| Short Name | Kensington Hedged Premium Incom |
| Source Interval | 15 |
| Symbol | KHPI |
| Total Assets | 437,928,672 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 24.022987 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.98112 |
| Trailing Three Month Returns | 1.98112 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.739454 |
| Two Hundred Day Average Change | 0.3205452 |
| Two Hundred Day Average Change Percent | 0.012453457 |
| Type Disp | ETF |
| Volume | 99,659 |
| Yield | 0.0683 |
| Ytd Return | 7.61428 |