A股分红率冲高！挖到一只近3年收益同类排名第1的绩优基金

Core Viewpoint - The article emphasizes the importance of identifying undervalued investment opportunities in a low-interest-rate environment, highlighting the appeal of high-dividend, low-volatility assets as a potential "fortress of returns" for investors [3]. Interest Rate Trends - The 10-year government bond yield has significantly decreased from 3.37% in 2020 to 1.65% as of June 17, 2025, indicating a clear downward trend in interest rates [3]. - Major state-owned banks have collectively lowered the one-year fixed deposit rates to around 0.95%, with many banks dropping below 1% as of May 20 [5]. Dividend Strategies - The overall dividend yield of the A-share market reached 38.08% in April 2025, the highest level since 2014, driven by policies encouraging higher dividends from listed companies [6]. - The "New National Nine Articles" policy has established clear standards for dividends, promoting a culture of cash dividends among companies [6][7]. Investment Focus - The China Securities Dividend Index is currently undervalued, making it an attractive option for investors seeking long-term returns [7]. - The Dongzheng Dividend Low Volatility Index has shown strong performance over the past three years, with higher cumulative returns and lower maximum drawdowns compared to other dividend indices [8][9]. Index Selection - The Dongzheng Dividend Low Volatility Index selects 100 stable, high-dividend, and low-volatility stocks from the A-share market, aiming to reflect quality dividend-paying companies [10]. - This index not only focuses on high expected dividend yields but also filters out companies with unstable ROE to enhance profitability quality [11]. Fund Performance - The Dongzheng Dividend Low Volatility Index Fund has achieved a net asset growth rate of 46.71% since its inception, outperforming its benchmark of 37.55% [16]. - The fund has ranked first in its category over the past three years, indicating strong performance relative to peers [21]. Investment Recommendation - For investors looking to capitalize on the dividend trend, the Dongzheng Dividend Low Volatility Index Fund is presented as a convenient investment vehicle [15][23].