Direxion Shares ETF Trust – Direxion PLTR Defined Income Boost ETF is a U.S. exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to the performance of the Cboe PLTR Defined Income Index. Trading under the ticker PLIB, the fund provides a rules-based, options-income investment strategy linked to the common stock of Palantir Technologies Inc. The index seeks to generate a targeted level of option-premium income through the systematic weekly sale of out-of-the-money PLTR call options, while using daily delta hedging through long positions in PLTR shares to manage equity exposure; the index’s stated target distribution amount is an annualized yield of 20%. The fund obtains exposure principally through swap contracts designed to track the index rather than by directly holding all index components. PLIB targets investors seeking equity-linked income, exposure to Palantir Technologies, and an exchange-traded implementation of a defined-income covered-call strategy. Direxion Shares ETF Trust, a Delaware statutory trust organized in 2008 and headquartered in New York, New York, offers a range of exchange-traded products, including leveraged and inverse ETFs, sector and thematic funds, single-stock leveraged ETFs, cryptocurrency-related funds, and income-oriented option-strategy ETFs. The Trust’s adviser is Rafferty Asset Management, LLC, doing business as Direxion. As a recent strategic product expansion, Direxion launched PLIB in late July 2026, listing the fund on Cboe on July 29, 2026, and expanding its Defined Income Boost ETF range with a Palantir-linked product based on the Cboe PLTR Defined Income Index.