政策层面又迎利好！央企红利ETF（561580）19个交易日持续“吸金”、份额刷新近两年新高

Group 1 - The core viewpoint of the article highlights the positive signals from policy levels, particularly the State-owned Assets Supervision and Administration Commission (SASAC) emphasizing the enhancement of market value management and shareholder returns for listed central enterprises, which is expected to improve profitability and dividend capacity of these companies [1][8] - The recent policy catalyzed a rebound in the dividend sector, with high-dividend sectors such as banking, non-bank financials, oil and petrochemicals, and public utilities continuing to rise [1][8] Group 2 - The SASAC meeting outlined key tasks for central enterprises in 2026, including strengthening the quality and market value management of listed companies, promoting strategic and professional restructuring, and enhancing the contractual management level of managerial members [2][9] - The central enterprise dividend ETF (561580) has seen continuous net inflows for 19 trading days, accumulating 387 million yuan, reaching a new high in both scale and shares, with respective figures of 1.112 billion yuan and 897 million shares, marking increases of 74% and 70% in 2025 [3][10] Group 3 - The central enterprise dividend index, which the ETF tracks, is noted for its high dividend yield of 4.90%, significantly higher than the current 10-year government bond yield of 1.84%, indicating a favorable investment opportunity for long-term funds seeking enhanced returns in a low-interest environment [3][10] - The cumulative cash dividends of the central enterprise dividend index's constituent stocks reached 392.3 billion yuan, accounting for 57% of the total cash dividends in the A-share market, outperforming other mainstream dividend indices [4][11] Group 4 - The central enterprise dividend full return index has increased by 10.18% since the beginning of 2025, outperforming other mainstream dividend full return indices, demonstrating strong resilience in a relatively volatile market [4][12] - The total management scale of the "dividend family" under Huatai-PB Fund, which includes multiple dividend ETFs, reached 50.886 billion yuan as of December 24, 2025, showcasing the firm's extensive experience in managing dividend-themed index investments [5][12]