Mirae Asset Management said on Wednesday that its TIGER Dividend Covered Call Active ETF plans to pay special monthly distributions of up to 2 percent in the first half of this year.

According to the Korea Exchange, the TIGER Dividend Covered Call Active ETF posted a 32.85 percent return in the second half of 2025, outperforming its benchmark, the KOSPI200 Covered Call 5 percent OTM index, which returned 25.77 percent.

Based on that performance, its January distribution rate came in at 1.93 percent, ranking first among domestic equity covered call ETFs. Cumulative net buying by individual investors since the start of the year also topped 100 billion won. In particular, the distribution rose to 320 won in January from 62 won for the first distribution in January 2024, extending its distribution growth trend.

The ETF expanded its existing special distribution policy at the end of each quarter and has paid special distributions of up to 2 percent at the end of every month since July 2025. Based on its management performance in the second half of 2025, it plans to pay special distributions in the first half of 2026 as well.

A covered call strategy flexibly adjusts the proportion of call options sold and the strike price depending on market conditions. If a rising market is expected, it lowers the proportion of options sold to increase participation in gains. As a result of boosting market upside participation, it has posted a 126.42 percent gain since listing as of Feb. 13.

Its main holdings include Samsung Electronics at 20.4 percent, SK Hynix at 16.2 percent and Samsung Electronics preferred shares at 5.96 percent. It is managed with about 100 stocks, a more concentrated portfolio than the KOSPI200. It also actively invests in preferred shares of major companies with high dividend yields.

Jeong Ui-hyeon (정의현), head of the ETF management division at Mirae Asset Management, said, "Based on the solid performance in the second half of 2025, we have been able to pay distributions of up to 2 percent per month in the first half of this year." He added, "We will establish ourselves as a representative monthly dividend ETF that pursues distribution growth at the same time through stable income returns and active participation in share price gains."