Shinhan Asset Management Pays March Dividends for Two 'SOL Palantir Covered Call Series' Products

The Only Domestic Covered Call ETF With a 2% Monthly Distribution Rate at the Beginning of the Month

Shinhan Asset Management announced on March 4 that it had distributed monthly dividends for two products in the 'SOL Palantir Covered Call ETF Series' on March 3.

According to Shinhan Asset Management, both products recorded a monthly distribution rate in the 2% range again this month. Since the first dividend payment in June last year, they have maintained a monthly distribution rate of over 2% for 10 consecutive months.

For this month's dividends, 'SOL Palantir US Treasury Covered Call Hybrid' paid 205 won per share, and 'SOL Palantir Covered Call OTM Bond Hybrid' paid 185 won per share. The monthly distribution rates were 2.03% and 2.08%, respectively, while the annualized distribution rates were 20.5% and 24.78%, respectively.

This series, which combines investments in Palantir, a global leader in AI, with a covered call strategy, has shown rapid capital inflows and high monthly dividend payments since its listing. Currently, the net asset value of 'SOL Palantir Covered Call OTM Bond Hybrid' stands at 337.8 billion won, and 'SOL Palantir US Treasury Covered Call Hybrid' is at 216.8 billion won. The combined cumulative net buying amount by retail investors for the two products has reached approximately 283 billion won.

Kim Gideok, Head of Quant & ETF Management at Shinhan Asset Management, said, "Since the beginning of the year, the share prices of US AI software companies, including Palantir, have remained sluggish. Recently, US AI startup Anthropic unveiled Claude Code, an AI tool for modernizing COBOL-based systems. Concerns that improved software development and operational efficiency through AI could lead to a revaluation of existing companies have heightened market volatility." He added, "Regardless of the mid- to long-term industrial momentum of US AI software, the market is currently in a phase where it reacts sensitively to even minor issues, with a short-term downward trend persisting."

Kim further commented, "While the SOL Palantir Covered Call Series is inevitably affected by the share price of Palantir, it has helped buffer losses through monthly dividends of around 2%, while also limiting the downside."

The 'SOL Palantir Covered Call Series' allows investors to choose their strategy according to their investment preferences. The 'SOL Palantir Covered Call OTM Bond Hybrid ETF' seeks more aggressive income generation by partially participating in Palantir's upside and selling OTM call options. In contrast, the 'SOL Palantir US Treasury Covered Call Hybrid ETF' targets relatively stable monthly distribution resources by allocating up to 30% to Palantir while combining a covered call strategy based on long-term US Treasury bonds.

Palantir has established a unique AI ecosystem centered around 'Gotham' for government and defense, 'Foundry' for private industry, and the generative AI platform AIP. In particular, in 2026, revenue contributions from defense and space projects are expected to become more significant. The company also aims to strengthen its position as a leading global industrial and defense AI infrastructure provider by expanding enterprise demand for generative AI based on AIP.

Kim stated, "The signing of a massive 144 trillion won partnership between Meta and AMD, and Anthropic's message that AI will serve as a complement by boosting productivity in existing work environments rather than replacing traditional software, have acted as catalysts for shifting market sentiment. Palantir, as a leading AI software company that continues to build a strong track record, is expected to be one of the most resilient stocks during a sector-wide rebound."

This content was produced with the assistance of AI translation services.