KraneShares China Internet & Covered Call Strategy ETF logo

KraneShares China Internet & Covered Call Strategy ETF (KLIP)

Market Open
10 Jul, 20:00
ARCA ARCA
$
31. 94
+0.01
+0.04%
$
91.02M Market Cap
- P/E Ratio
- Div Yield
25,500 Volume
- Eps
$ 31.93
Previous Close
Day Range
31.83 32
Year Range
27.06 40.5
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Summary

KLIP trading today higher at $31.94, an increase of 0.04% from yesterday's close, completing a monthly increase of 1.01% or $0.32. Over the past 12 months, KLIP stock lost -0.19%.
KLIP pays dividends to its shareholders, with the most recent payment made on Jan 31, 2025. The next estimated payment will be in 4 months ago on Feb 28, 2025 for a total of $0.666.
KraneShares China Internet & Covered Call Strategy ETF has completed 1 stock splits, with the recent split occurring on Jan 01, 2025.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on ARCA (USD).

KLIP Chart

Chart

Chart with 60 data points.
The chart has 1 X axis displaying categories.
The chart has 2 Y axes displaying values, and values.
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KLIP: This Conservative China Covered Call Strategy Has Worked - Reiterate Buy

KLIP: This Conservative China Covered Call Strategy Has Worked - Reiterate Buy

China's economic uncertainty and collapsing property sector highlight the need for conservative investment strategies like KLIP's covered call approach. KLIP has outperformed other China ETFs with a 21% total return and significantly lower volatility since inception. The fund's high dividend yield, resulting from distributing all option income, leads to a decreasing NAV, posing tax implications for investors.

Seekingalpha | 4 months ago
Your Unexpected 2025 Internet Investing Opportunity

Your Unexpected 2025 Internet Investing Opportunity

As artificial intelligence enthusiasm continues, advisors and investors keep their attention turned towards the technology sector in 2025. However, most investors carry a notable underweight to a compelling class of internet firms this year.

Etftrends | 6 months ago
KraneShares Announces Reverse Split and Distribution Policy Change for China Internet and Covered Call Strategy ETF (KLIP)

KraneShares Announces Reverse Split and Distribution Policy Change for China Internet and Covered Call Strategy ETF (KLIP)

NEW YORK, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Krane Funds Advisors, LLC (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs) announced changes to the KraneShares China Internet and Covered Call Strategy ETF (Ticker: KLIP), effective January 1, 2025.

Globenewswire | 6 months ago

KraneShares China Internet & Covered Call Strategy ETF Dividends

KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 4 months ago
Other
$0.67 Per Share
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 5 months ago
Paid
Monthly
$0.67 Per Share
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 6 months ago
Paid
Monthly
$0.67 Per Share
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 7 months ago
Paid
Monthly
$1.67 Per Share
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 8 months ago
Paid
Monthly
$1.83 Per Share

KraneShares China Internet & Covered Call Strategy ETF Earnings

KLIP have yet to publish their earning reports.
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 4 months ago
Other
$0.67 Per Share
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 5 months ago
Paid
Monthly
$0.67 Per Share
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 6 months ago
Paid
Monthly
$0.67 Per Share
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 7 months ago
Paid
Monthly
$1.67 Per Share
KraneShares China Internet & Covered Call Strategy ETF logo
KLIP 8 months ago
Paid
Monthly
$1.83 Per Share
KLIP have yet to publish their earning reports.

KraneShares China Internet & Covered Call Strategy ETF (KLIP) FAQ

What is the stock price today?

The current price is $31.94.

On which exchange is it traded?

KraneShares China Internet & Covered Call Strategy ETF is listed on ARCA.

What is its stock symbol?

The ticker symbol is KLIP.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 91.02M.

Has KraneShares China Internet & Covered Call Strategy ETF ever had a stock split?

KraneShares China Internet & Covered Call Strategy ETF had 1 splits and the recent split was on Jan 01, 2025.

KraneShares China Internet & Covered Call Strategy ETF Profile

Asset Management Industry
Financial Services Sector
- CEO
ARCA Exchange
500767470 Cusip
US Country
- Employees
- Last Dividend
2 Jan 2025 Last Split
- IPO Date

Overview

The fund described focuses on investing a significant portion, at least 80% of its net assets, in the securities that constitute the CSI Overseas China Internet Index. This index represents the Chinese internet sector, including companies that have significant internet-related operations. The fund aims to replicate the economic characteristics of this index through direct investment in the securities it comprises or through instruments that offer similar economic characteristics. Additionally, the fund engages in a covered call options strategy, which involves writing (selling) covered call options on the CSI Overseas China Internet Index or on instruments that mimic this action. This approach aims to generate additional income or hedge against potential downside risks. The advisor has chosen to primarily invest in the KraneShares CSI China Internet ETF as the underlying fund for achieving these investment goals. Despite its focus on a specific sector, the fund is categorized as non-diversified, meaning it may invest a larger portion of its assets in fewer securities, potentially increasing its vulnerability to market volatility or specific sector downturns.

Products and Services

  • KraneShares CSI China Internet ETF Investment

    The fund primarily invests in the KraneShares CSI China Internet ETF, which tracks the CSI Overseas China Internet Index. This underlying fund comprises companies in the Chinese internet sector, providing exposure to internet technology, e-commerce, streaming services, and other internet-related operations primarily within China. The investment aims to leverage the growth potential of China's internet sector.

  • Covered Call Options Strategy

    In addition to direct investment, the fund employs a covered call options strategy on the KraneShares CSI China Internet ETF or equivalent instruments. This involves writing (selling) covered call options to generate income or to hedge against downside risk. This strategy can provide an additional stream of income while potentially mitigating investment risks during volatile market conditions. It is an integral part of the fund's approach to managing its investment in the Chinese internet sector.

Contact Information

Phone: 1-855-857-2638