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Mirae Asset Launches Mid-Month Dividend Payout for TIGER U.S. S&P500 Target Daily Covered Call ETF

Miscellaneous · Investment Trusts/Mutual Funds · yonhap_finance · 2026-09-11

Mirae Asset Global Investments has shifted its TIGER U.S. S&P500 Target Daily Covered Call ETF to a mid-month dividend schedule, paying 114 KRW per share.

What Happened

Dividend Payout: Mirae Asset Global Investments announced a dividend of 114 KRW per share for its 'TIGER U.S. S&P500 Target Daily Covered Call' ETF. This marks the first distribution under the fund's newly adopted mid-month dividend policy.

Policy Adjustment: The shift from end-of-month to mid-month distribution allows for a staggered payout schedule when combined with the 'TIGER U.S. Nasdaq 100 Target Daily Covered Call' ETF. Investors holding both products can now receive dividend payments every two weeks.

Investor Benefits: Management stated that this bi-weekly distribution structure provides psychological stability for investors during volatile market conditions. It allows them to pursue long-term growth in major U.S. indices while maintaining a predictable cash flow.

Strategic Focus: This move is designed to cater to the growing demand for income-generating ETFs. By providing more frequent payouts, the firm aims to help investors better manage their portfolios and maintain consistent market participation.

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