Enables aldo-keto reductase (NADP) activity; potassium channel regulator activity; and transmembrane transporter binding activity. Involved in animal organ development; myoblast differentiation; and negative regulation of delayed rectifier potassium channel activity. Located in several cellular components, including dendrite; juxtaparanode region of axon; and perikaryon. Part of voltage-gated potassium channel complex. Biomarker of hypertension. Human ortholog(s) of this gene implicated in temporal lobe epilepsy. Orthologous to human KCNAB1 (potassium voltage-gated channel subfamily A regulatory beta subunit 1). [provided by Alliance of Genome Resources, Apr 2022]