KHPI Kensington Hedged Premium Income ETF
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.
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| KHPI | +0.5% | -0.1% | +8.2% | +9.5% | — | — |
| Equity average (4725 funds) | -2.2% | -4.7% | +3008.3% | +1886.0% | +15.1% | +2.6% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$0 net.
No open-market insider buys in the holdings in the last 90 days.
Holdings · as of Nov 13, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | VOO Vanguard S&P 500 ETF | 99.88% |
| 2 | KHPI SPX 12/18/2026 7267.98 P | 0.72% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Oct 30, 2026 | $0.1964 |
| Sep 30, 2026 | $0.1951 |
| Aug 31, 2026 | $0.1955 |
| Jul 31, 2026 | $0.1931 |
| Jun 30, 2026 | $0.1927 |
| May 29, 2026 | $0.1961 |
| Apr 30, 2026 | $0.1924 |
| Mar 31, 2026 | $0.1806 |
| Feb 27, 2026 | $0.1940 |
| Jan 30, 2026 | $0.1941 |
| Dec 31, 2025 | $0.1942 |
| Nov 28, 2025 | $0.1949 |
| Oct 31, 2025 | $0.1973 |
| Sep 30, 2025 | $0.1923 |
| Aug 29, 2025 | $0.1918 |
| Jul 31, 2025 | $0.1921 |
| Jun 30, 2025 | $0.1898 |
| May 30, 2025 | $0.1855 |
| Apr 30, 2025 | $0.1786 |
| Mar 31, 2025 | $0.1825 |
| Feb 28, 2025 | $0.1914 |
| Jan 31, 2025 | $0.1927 |
| Dec 31, 2024 | $0.2247 |
| Nov 29, 2024 | $0.1590 |
| Oct 31, 2024 | $0.1855 |
| Sep 30, 2024 | $0.1905 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in KHPI in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error