纯固收长盈理财榜单出炉 重仓二永债产品近1月收益表现突出

Core Insights - The article discusses the performance rankings of public pure fixed-income products issued by wealth management companies, focusing on those with a maturity period of 2-3 years and established for over a year [4][7]. Group 1: Market Performance - The bond market in 2025 experienced fluctuations with a continuous decline in interest rates. Many banks began issuing perpetual bonds to replace preferred shares to save on interest costs [5]. - By December 31, 2025, banks issued a record 71 perpetual bonds totaling 821.8 billion, with most new bonds having coupon rates between 2.0% and 3.0% [5]. - In 2025, 77 secondary capital bonds were issued, amounting to 934.67 billion, with an average coupon rate of 2.52%, down from 2.61% in 2024 [5]. Group 2: Product Performance - As of January 15, 2026, there were 980 public pure fixed-income products with a maturity of 2-3 years, of which 621 had disclosed annualized returns. The average weighted annualized return was 3.08%, with 131 products exceeding 3.5% [7]. - Seven wealth management companies made it to the ranking, with Xingyin Wealth Management having three products listed, while Minsheng Wealth Management had two, and others like Huaxia, Huizhou, Nanyin, Nongyin, and Xinyin each had one product [7]. Group 3: Highlighted Products - Huaxia Wealth Management's "Fixed Income Debt Type Closed-End Wealth Management Product 264" topped the list with a weighted annualized return exceeding 5%, achieving a return of 3.85% since inception. The product's investments include cash, bank deposits, interbank certificates, bonds, non-standard assets, and public funds, with a leverage level of 130.61% as of Q3 2025 [8]. - Xingyin Wealth Management's "Fengli Yuedong Stable Enjoyment Closed-End 12 Fixed Income Product" ranked second with a weighted annualized return of 4.92%. This product primarily invests in cash, bank deposits, and bonds, with over 40% of its top ten assets being secondary capital bonds issued between 2021 and 2022. Notably, its recent one-month annualized return reached 17.11%, surpassing all other products in the ranking [8].