KraneShares China Internet and Covered Call Strategy ETF (KLIP)

NYSEARCA: KLIP · Real-Time Price · USD
12.38
+0.08 (0.65%)
At close: Sep 18, 2024, 4:00 PM
12.30
-0.08 (-0.65%)
After-hours: Sep 18, 2024, 7:50 PM EDT
0.65%
Assets $138.79M
Expense Ratio 0.93%
PE Ratio 14.51
Shares Out 11.30M
Dividend (ttm) $6.82
Dividend Yield 55.11%
Ex-Dividend Date Aug 29, 2024
Payout Ratio 798.55%
1-Year Return -31.18%
Volume 69,140
Open 12.36
Previous Close 12.30
Day's Range 12.30 - 12.38
52-Week Low 11.83
52-Week High 18.04
Beta n/a
Holdings 8
Inception Date Jan 12, 2023

About KLIP

Fund Home Page

The 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.

Asset Class Equity
Region Asia-Pacific
Stock Exchange NYSEARCA
Ticker Symbol KLIP
ETF Provider KraneShares
Index Tracked CSI Overseas China Internet

Dividends

Ex-Dividend Amount Pay Date
Aug 29, 2024 $0.37914 Aug 30, 2024
Jul 30, 2024 $0.4015 Jul 31, 2024
Jun 27, 2024 $0.45993 Jun 28, 2024
May 30, 2024 $0.50788 May 31, 2024
Apr 26, 2024 $0.52716 Apr 30, 2024
Mar 26, 2024 $0.61193 Mar 28, 2024
Full Dividend History

News

Get China Equities With a Kick via China ETF KLIP

China equities present a wide range of exciting opportunities, but much of that excitement right now relies on government support. While the market offers significant potential, from electric vehicles...

Other symbols: KWEB
5 days ago - ETF Trends

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...

19 days ago - Seeking Alpha

Understanding ETF Performance: Total Return vs. Price Return

While ETF assets have grown in leaps and bounds in recent years, education still remains a key part of the space's development. Many investors are still familiarizing themselves with ETFs' tax advanta...

26 days ago - ETF Trends

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...

6 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

9 months ago - GlobeNewsWire

This ETF offering could become next year's hot product

"We are absolutely going to see more of these options-based products come to market. We see it in our own book," BNY Mellon's Ben Slavin said.

9 months ago - CNBC

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...

Other symbols: QQQSPY
11 months ago - Seeking Alpha

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...

11 months ago - Seeking Alpha

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 ...

11 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

China's rocky footing: reading the reopening

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1 year ago - CNBC Television