SOL Palantir Covered Call Series Pays Out First Dividend of the New Year

Shinhan Asset Management announced on January 5 that it paid out the first monthly dividend of 2026 for its two "SOL Palantir Covered Call ETF Series" funds, which are the only domestic covered call ETFs to consistently maintain a monthly distribution rate in the 2% range. The dividends were paid on January 2.

The distribution amounts are 250 KRW per share for the SOL Palantir US Treasury Covered Call Hybrid ETF and 206 KRW per share for the SOL Palantir Covered Call OTM Bond Hybrid ETF, resulting in monthly distribution rates of 2.11% and 2.00%, respectively.

Since their listing in April last year, these ETFs have seen steady dividend payments and capital inflows. The SOL Palantir Covered Call OTM Bond Hybrid ETF has recorded net assets of 257.8 billion KRW, while the SOL Palantir US Treasury Covered Call Hybrid ETF has reached 144.5 billion KRW in net assets. The combined net assets for the series have surpassed 400 billion KRW.

This series, which invests in Palantir, a global leader in AI, and incorporates a covered call strategy, has established itself as a core product in Shinhan Asset Management's monthly dividend lineup by delivering high monthly dividends and attracting rapid capital inflows since its listing.

The growth of the SOL Palantir Covered Call OTM Bond Hybrid ETF has been remarkable. Its net assets, which were only 8 billion KRW at the time of listing, have grown approximately 32-fold in just seven months.

The strategy of combining Palantir’s stock price movements with the sale of weekly OTM call options to simultaneously pursue asset appreciation and income generation has resonated strongly with investors.

The SOL Palantir Covered Call Series allows investors to choose a strategy based on their investment preferences. The SOL Palantir Covered Call OTM Bond Hybrid ETF seeks aggressive income generation by partially participating in Palantir's stock price appreciation while selling OTM call options. The SOL Palantir US Treasury Covered Call Hybrid ETF aims for relatively stable monthly distribution resources by allocating up to 30% to Palantir and combining this with a covered call strategy based on long-term US Treasury bonds.

Palantir has built a unique AI ecosystem centered on "Gotham" for government and defense sectors, "Foundry" for private industry, and the generative AI platform "AIP." This year, revenue contributions from defense and space projects are expected to become more significant. In addition, the expansion of enterprise generative AI demand, led by AIP, is expected to further solidify Palantir’s position as a leading company in global industrial and defense AI infrastructure.

Kim Gideok, Head of Quant & ETF Management at Shinhan Asset Management, stated, "We are securing stable distribution resources through Palantir's robust stock price growth, US Treasury coupon interest, and weekly OTM option premiums," adding, "Based on these secured resources, we plan to continue providing investors with a predictable distribution policy."

He also noted, "In addition to regular accounts, 100% of contributions can be invested through retirement pension accounts such as pension savings and DC/IRP, making these ETFs highly useful from a long-term asset allocation perspective."