Group 1 - Many high yield ETFs and closed-end funds experience capital and distribution decay, which can be mitigated through rotational strategies rather than long-term investments [1] - The Kensington Hedged Premium Income ETF (BATS: KHPI) is an actively managed buy-write ETF launched on September 4, 2024, with a distribution yield of 9% [2] - The investing group led by Fred Piard focuses on quality dividend stocks and tech innovation, providing various market risk indicators and strategies [2]