从0开始学债券投资丨基金分红之后，为什么账户反而“亏损”了？

Core Viewpoint - A significant increase in the frequency and scale of fund dividends has been observed in early 2026, indicating a positive trend in investor returns due to improved liquidity in the capital market and policy support [1] Fund Dividend Explanation - Fund dividends refer to the distribution of a portion of the fund's earnings to investors in cash or reinvested shares, similar to stock dividends but fundamentally different as they do not provide additional earnings but rather realize part of the already achieved gains [1][2] - The specific conditions and frequency of fund dividends are determined by the fund contract, which investors can review for details [1] Impact of Fund Dividends on Net Asset Value - After a fund dividend, the net asset value (NAV) of the fund may decrease, but this does not indicate a loss for investors as their total assets remain unchanged [2] - For example, if an investor holds 10,000 shares of a fund with a NAV of 2 yuan, after a dividend of 0.2 yuan per share, the NAV drops to 1.8 yuan, but the total asset value remains the same at 20,000 yuan [2] Benefits of Fund Dividends - Fund dividends can be issued in cash or as additional shares, with cash dividends deposited into the investor's bank account or money market fund account, saving on redemption fees [4] - Reinvested dividends allow investors to acquire additional shares without incurring subscription fees, effectively increasing their investment without extra costs [4] Important Time Nodes for Fund Dividends - Dividend Announcement Date: The date when the fund company announces the dividend amount and related details [6] - Record Date (R Date): This date determines the eligibility of investors for dividends and the method of distribution [7] - Ex-Dividend Date: Typically the day after the record date, when the NAV decreases due to the dividend distribution [8] - Cash Dividend Payment Date: The date when the dividend amount is transferred from the fund's custody account [9]