震荡蓄势中！红利低波ETF（512890）十大重仓股全线飘红 近20个交易日逆势吸金近37亿！

Core Viewpoint - The A-share market is experiencing fluctuations, with the major indices showing mixed performance, while the Huatai-PineBridge Dividend Low Volatility ETF (512890) stands out with a positive return amidst the overall market decline [1][4]. Fund Performance - The Huatai-PineBridge Dividend Low Volatility ETF (512890) closed at 1.200 yuan, up 1.01%, with a trading volume of 2.95 billion yuan, leading its category [2][4]. - Over the past 10 trading days, the fund has seen a net inflow of 678 million yuan, and over the last 20 days, the net inflow reached 3.609 billion yuan [2][3]. Holdings and Market Outlook - The top ten holdings of the ETF all reported gains, with notable increases in shares such as Agricultural Bank of China (up 1.13%) and Industrial Bank (up 1.98%) [3]. - The fund's total market value as of October 31, 2025, is 24.645 billion yuan, with a cumulative return of 137.56% since its inception in December 2018, ranking 79th among 502 similar products [4]. Investment Strategy - Analysts suggest that the market is in a consolidation phase, with a focus on "local tracks" and "early layout of cyclical stocks" for November [3][4]. - The banking sector is expected to benefit from a style switch, while non-bank financials are showing increasing elasticity [4].