KraneShares China Internet and Covered Call Strategy ETF (KLIP)
| Assets | $123.82M |
| Expense Ratio | 0.93% |
| PE Ratio | 12.76 |
| Shares Out | 11.45M |
| Dividend (ttm) | $6.26 |
| Dividend Yield | 57.61% |
| Ex-Dividend Date | Nov 27, 2024 |
| Payout Ratio | 733.96% |
| 1-Year Return | -34.52% |
| Volume | 86,569 |
| Open | 10.83 |
| Previous Close | 10.89 |
| Day's Range | 10.83 - 10.90 |
| 52-Week Low | 10.65 |
| 52-Week High | 16.87 |
| Beta | n/a |
| Holdings | 11 |
| Inception Date | Jan 12, 2023 |
About KLIP
Fund Home PageThe KraneShares China Internet and Covered Call Strategy ETF (KLIP) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund is a fund-of-fund that tracks an index of China-based internet stocks and sells one-month, at-the-money call options on the full amount of the portfolio. KLIP was launched on Jan 12, 2023 and is issued by KraneShares.
Top 10 Holdings
100.49% of assets| Name | Symbol | Weight |
|---|---|---|
| KraneShares CSI China Internet ETF | KWEB | 94.96% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 5.54% |
| Cash | n/a | 0.73% |
| 2kweb Us 12/06/24 C32.2 | n/a | -0.00% |
| 2kweb Us 11/29/24 C32.11 | n/a | -0.00% |
| 2kweb Us 12/13/24 C30.65 | n/a | -0.02% |
| 2kweb Us 12/27/24 C30.7 | n/a | -0.03% |
| 2kweb Us 12/06/24 C32.16 | n/a | -0.07% |
| 2kweb Us 12/13/24 C32 | n/a | -0.18% |
| 2kweb Us 12/20/24 C30.26 | n/a | -0.44% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 27, 2024 | $0.555 | Nov 29, 2024 |
| Oct 30, 2024 | $0.611 | Oct 31, 2024 |
| Sep 27, 2024 | $0.395 | Sep 30, 2024 |
| Aug 29, 2024 | $0.379 | Aug 30, 2024 |
| Jul 30, 2024 | $0.402 | Jul 31, 2024 |
| Jun 27, 2024 | $0.460 | Jun 28, 2024 |
News
Earn Income on China Tech Stock Volatility With KLIP
China stocks soared on a number of new supportive policy announcements at the end of last month and beginning of October. However, ongoing policy announcements have failed to wow investors in recent w...
KLIP: A Great Opportunity For Income Focused China Bulls
The KLIP ETF offers steady returns with low volatility by generating monthly call option income, ideal for income-focused investors in undervalued China tech stocks. The KWEB's low valuations and stro...
KLIP: Continue To Avoid This Amortizing Fund
The KraneShares China Internet & Covered Call Strategy ETF employs a covered-call strategy to provide attractive yields and capped participation in the KWEB ETF. Despite its 61.7% headline yield, tota...
KLIP: High Income And Cheap Valuations Suggest Strong Returns
The Kraneshares China Internet And Covered Call Strategy ETF has outperformed the KraneShares CSI China Internet ETF by 45% in its first year, thanks to option income. KLIP follows a covered call stra...
KraneShares China Internet & Covered Call ETF (Ticker: KLIP) Distributes 3.81% In December
NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- KraneShares, a leading global ETF provider specializing in China, climate, and uncorrelated assets, today announced a monthly distribution for the KraneShar...
Long China (KLIP) Short U.S. (SPY/QQQ) Pair Trade Moving Into 2024
The US economy is facing challenges including potential stagflation and high consumer debt, which could impact the stock market. China's economy is showing signs of a robust recovery, making Chinese e...
KLIP: Yet Another Ultra-High Distribution Yield ETF
Option-based ETFs have experienced significant asset growth, reaching over $45 billion by the end of 2022. Ultra-high yielding products that harvest option premium from volatile securities are gaining...
KLIP: A Conservative Way To Obtain China Exposure
China equities have underperformed this year when compared to other global markets, due to the economic slowdown and ailing real estate sector in the jurisdiction. Geopolitical tensions and political ...
83 Monthly Paying Dividend Stocks And 80 Funds For September
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst waiting for money is reduced by 300% or more! These Au...
KLIP: Understanding The Covered Call Strategy And How It Works
KLIP is a covered call strategy ETF that purchases shares of KWEB and simultaneously writes call options. This article will teach you how they write calls to generate premium income and uses examples ...
85 Monthly Paying Dividend Stocks And 80 Funds For August
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Au...
KLIP: A Solution In Search Of A Problem
KLIP, a covered call ETF focusing on Chinese internet companies, offers a massive 51.2% distribution yield but faces significant capital losses and distribution cuts. The fund is very risky, and broad...
KLIP: Selling Expensive KWEB Options Is An Appealing Strategy
China's economy has not experienced the expected boom after the lifting of COVID-19 restrictions, leading Goldman Sachs to lower its 2023 GDP growth forecast. The KraneShares China Internet and Covere...
81 Monthly-Paying Dividend Stocks And 80 Funds For June
Imagine stocks or funds that pay out their dividends once a month! Your angst waiting for money is reduced by 300%, or more; unlike waiting for quarterly, semi-annual or (ugh) annual payouts. These M...