罕见！成长风格基金，也分红了

Core Viewpoint - The trend of dividend distribution among actively managed equity funds, particularly growth-style funds, has become notable in the fourth quarter of this year, diverging from the traditional dividend sources of broad-based index and dividend-themed funds [1][6]. Dividend Distribution Trends - Several actively managed equity funds, especially those with a growth style, have announced dividends for the first time in years, indicating a shift in strategy to lock in profits for investors [2][6]. - For instance, E Fund announced a dividend of 0.9 yuan per 10 fund shares for its E Fund Kexun Mixed Fund, amounting to 226 million yuan, with a year-to-date return exceeding 100% [2][6]. - The Wanjiabj Exchange Wisdom Two-Year Regular Open Mixed Fund also declared its first dividend since inception, distributing 4 yuan per 10 fund shares, totaling 131 million yuan, marking it as the highest unit dividend among actively managed equity funds this year [4][5]. Reasons for Dividend Distribution - The dividends from actively managed equity funds primarily stem from capital gains rather than stock dividends, as fund managers seek to help investors realize profits amid strong market performance [6][7]. - Analysts suggest that the distribution of dividends can serve multiple purposes, including adjusting portfolio structures, reinvesting assets, and maintaining optimal operational scales [1][6][7]. Market Context and Future Outlook - The trend of dividend distribution is expected to expand further among actively managed equity funds, driven by the strong performance of the A-share market and increasing investor demand for stable cash flows [8][9]. - The growing preference for dividends among investors, cultivated by the dividend models of index funds, may encourage more actively managed funds to adopt similar strategies to meet investor needs and enhance long-term holding experiences [9].