随着《推动公募基金高质量发展行动方案》落地，公募基金正加速由"重规模"向"重投资者回报"转变， 为投资者派发"红包"以提升投资体验的热情也持续高涨。Wind数据统计，截至2025年5月15日，公募基 金年内分红总额已超870亿元，远超去年同期的约600亿元。除了传统的债基作为分红主力外，指数基金 分红派现力度也持续升温。5月15日，嘉实基金公告，旗下包括嘉实超短债、嘉实中证A500ETF联接基 金和嘉实沪深300红利低波动ETF联接基金在内的3只产品，将于近期集体分红，权益登记日和除息日均 为2025年5月19日，现金红利发放日均为5月20日。 根据对基金公告梳理，仅在2025年以来，嘉实基金旗下产品已累计分红超50次，年内分红总额已达 46.38亿元。而自成立以来，嘉实基金旗下产品分红总次数已近1500次，分红总额超1100亿元。 MACD金叉信号形成，这些股涨势不错！ 责任编辑：石秀珍 SF183 集"龙头+红利+低波"属性于一体的嘉实沪深300红利低波动ETF联接基金则迎来年内第二次分红。此次 分红，A类份额（007605）和针对个人养老金增设的Y类份额（022897）均为0.323元/10份基金份额， ...

Group 1: Company News - Li Jun has resigned as the Deputy General Manager of Baoying Fund due to personal reasons, effective May 8, 2025 [1] - Baoying Fund announced that there is no indication of Li Jun taking on another position within the company [1] Group 2: Fund Market Trends - A total of 31 public funds raised approximately 6.3 billion yuan last week, with the highest single fund exceeding 1.9 billion yuan and the lowest around 10 million yuan [2] - Stock funds accounted for 58.28 billion units issued in a week, representing 91.85% of the market share, marking the highest proportion since January 2024 [2] - The issuance scale of mixed and bond funds has significantly contracted year-on-year [2] Group 3: Bond Market Developments - Eleven fund companies have reported the Shanghai AAA Technology Innovation Corporate Bond Index Fund this year, indicating growing interest in technology bonds [3] - The Shanghai AAA Technology Innovation Corporate Bond Index has shown an annualized return of 4.1% and an annualized volatility of 1.4% as of May 9 [3] - The total amount of fund dividends reached 87.1 billion yuan this year, setting a new record, with bond funds being the main contributors, accounting for 82% of the dividend funds [4][5] Group 4: Public Fund Investments - Public funds have increased their holdings in the Beijing Stock Exchange, with the amount reaching a record high of 6.743 billion yuan, a 24.45% increase from the end of last year [6] - The number of public funds investing in the Beijing Stock Exchange has also reached a new high, with 34 funds participating, a 17.24% increase from the end of last year [6] Group 5: Market Outlook - The bond market is expected to show slight fluctuations, with external factors still needing observation [7] - Positive conditions for interest rate bonds are anticipated, with potential for yield declines in the second quarter [8] - A cautious approach is recommended for convertible bonds, focusing on the matching of underlying stock valuations to avoid pitfalls [8] Group 6: Market Performance - On May 12, the market saw gains with the Shanghai Composite Index rising by 0.82%, the Shenzhen Component Index by 1.72%, and the ChiNext Index by 2.63% [9] - The total trading volume reached 1.31 trillion yuan, an increase of 116.4 billion yuan from the previous trading day [9] - Aerospace, shipbuilding, and communication equipment sectors showed significant gains, while precious metals, bioproducts, and electricity sectors experienced declines [9]

截至5月7日，公募基金年内累计分红已突破870亿元。 据证券时报·券商中国记者统计，以红利发放日为口径，2025年以来基金合计派发871亿元"红包"，部分 基金公司分红力度显著，单只基金最高分红金额达26.8亿元，最高分红比例达20%。从结构看，债券型 基金在分红基金中占比高达82%，而权益类被动指数基金的分红数量和金额也呈现增长趋势。 业内人士表示，基金分红在帮助投资者锁定收益、降低交易成本的同时，也优化了基金运作效率，有利于 长期回报的提升。叠加政策层面对分红和市值管理的鼓励，高股息资产在当前低利率环境下的吸引力正不 断上升。 从分红总金额来看，华夏沪深300ETF、嘉实沪深300ETF、南方中证500ETF、中银丰和定期开放、易方 达沪深300ETF的"红包" 位列前五，单只基金最高分红达26.8亿元。此外，华泰柏瑞红利ETF与华夏鼎丰 的单只基金分红也超过了10亿元。 就分红比例而言，工银全球配置以20%居首，新华安享惠金E、江信添福、大成策略回报、鹏华盛世创新 A等基金分红比例也均在10%以上。单位分红方面，嘉实融享浮动净值型以每份3.8元排名第一，另有多 只REITs和国债ETF的单位分红超过1元 ...

截至5月7日，公募基金年内累计分红已突破870亿元。 据券商中国记者统计，以红利发放日为口径，2025年以来基金合计派发871亿元"红包"，部分基金公司分红力 度显著，单只基金最高分红金额达26.8亿元，最高分红比例达20%。从结构看，债券型基金在分红基金中占比 高达82%，而权益类被动指数基金的分红数量和金额也呈现增长趋势。 业内人士表示，基金分红在帮助投资者锁定收益、降低交易成本的同时，也优化了基金运作效率，有利于长期 回报的提升。叠加政策层面对分红和市值管理的鼓励，高股息资产在当前低利率环境下的吸引力正不断上升。 基金"红包雨"不断，债基仍是"分红大户" Wind数据显示，2025年以来，基金派发"红包"总额达到871亿元，创下新高，分红热度持续升温。 从分红总金额来看，华夏沪深300ETF、嘉实沪深300ETF、南方中证500ETF、中银丰和定期开放、易方达沪深 300ETF的"红包" 位列前五，单只基金最高分红达26.8亿元。此外，华泰柏瑞红利ETF与华夏鼎丰的单只基金分 红也超过了10亿元。 就分红比例而言，工银全球配置以20%居首，新华安享惠金E、江信添福、大成策略回报、鹏华盛世创新A等 基金分 ...

● 本报记者 张凌之 今年前四个月，公募基金已累计派发超800亿元的大红包。 数据显示，截至4月30日，今年以来已有1745只基金（不同份额分开计算）合计分红839.4亿元。其中， 股票型基金的分红总额是去年同期的8.4倍，ETF占据大额分红榜单前列位置，混合型基金的分红总额 也比去年同期增加近3亿元。此外，公募REITs分红最为积极，44只公募REITs今年以来已实施分红。 ETF分红金额较高 Wind数据显示，截至4月30日，今年以来共有1745只基金合计分红2243次，分红总额达839.4亿元。与去 年同期的570.87亿元相比增长47.04%，创出2023年以来同期新高。 从分红金额来看，分红金额较高的多为ETF。截至4月30日，位居今年以来公募基金分红总额前两名的 是两只沪深300ETF，华夏沪深300ETF今年以来分红26.83亿元，嘉实沪深300ETF分红总额达到24.61亿 元。今年以来分红总额超10亿元的8只基金中，有5只为ETF。另有14只基金今年以来分红总额在5亿元 —10亿元之间。 从分红次数来看，合煦智远嘉悦利率债A今年以来分红次数最多，共有8次分红。湘财鑫睿C、合煦智远 嘉悦利率债 ...

Group 1 - The public fund industry is experiencing a significant increase in dividend payouts, with total dividends exceeding 80 billion yuan this year, marking a three-year high [1][2] - Equity funds have shown a remarkable increase in dividend distribution, with total dividends this year being ten times that of the same period last year [1][2] - Major ETFs are leading the dividend distribution, with the top two being Huaxia CSI 300 ETF and Harvest CSI 300 ETF, distributing 2.683 billion yuan and 2.435 billion yuan respectively [1] Group 2 - Over 90% of the funds that have distributed dividends this year have positive returns over the past year, with several high-performing funds distributing substantial dividends [2] - In April alone, the total dividend amount reached 13.565 billion yuan, with 505 instances of dividend distribution, reflecting a sustained enthusiasm for dividends despite market volatility [2] - Dividend distribution not only provides stable cash flow for investors but also helps alleviate anxiety caused by market fluctuations, thereby enhancing investor confidence and reducing redemption risks [3]

Group 1 - The core viewpoint of the articles highlights the increasing pace of dividend distributions by public funds in response to regulatory calls for enhancing investor experience, with total dividends exceeding 81 billion yuan as of April 25, 2025 [1] - Bond funds are the main contributors to this dividend distribution, accounting for over 62 billion yuan, which is approximately 80% of the total dividends distributed by funds this year [1] - The Hui'an Jiayu Pure Bond Fund has announced dividends of 0.27 yuan per 10 shares for Class A and 0.08 yuan for Class C, with the cash dividend distribution date set for April 29, 2025 [1] Group 2 - Hui'an Fund has established a strong competitive position in the fixed income investment sector over its nine years of operation, consistently empowering bond investments [2] - According to a report by Guotai Haitong Securities, Hui'an Fund ranks in the top 30 for absolute returns in pure bond funds over the last three years and five years, with rankings of 28 out of 132 and 27 out of 111, respectively [2] - The bond market has experienced fluctuations, with long-term interest rates remaining stable following recent monetary policy announcements, including a 600 billion yuan MLF operation by the central bank [2] Group 3 - Analysts suggest that the bond market may stabilize as the political bureau meeting emphasized the acceleration of fiscal issuance and monetary policy support, reducing concerns over negative market sentiment [3] - The Hui'an Fund research team believes that the current bond market lacks negative fundamentals, and the probability of short-term rate cuts may decrease, leading to a continued range-bound market [3] - Hui'an Fund offers several low-volatility, low-drawdown short- and medium-term bond funds, which have consistently performed well since their inception [3] Group 4 - As of the end of Q1 2025, Hui'an Short Bond Fund A has achieved positive returns for 25 consecutive quarters since its inception, while Hui'an Yongli 30-Day Holding Period Short Bond A and Hui'an Yongfu 90-Day Holding Period Medium-Short Bond A have also maintained positive returns for 12 and 11 consecutive quarters, respectively [4] - These funds have effectively controlled maximum drawdowns to around -0.3%, enhancing the holding experience for investors [4]

Core Viewpoint - The public fund industry has significantly increased its dividend distribution in 2023, with a total of 813.97 billion yuan distributed by 129 public funds or securities companies, marking a year-on-year growth of over 46% [1][2]. Group 1: Dividend Distribution Overview - As of April 25, 2023, a total of 2224 fund products have implemented dividends, with bond funds accounting for over 70% of the total dividend amount [1]. - The total dividend amount for bond funds reached 625.26 billion yuan, representing 76.82% of the total dividends for the year, with a year-on-year increase of 136.36% [2]. - Equity funds distributed 113.58 billion yuan, accounting for 13.95% of the total, while mixed funds distributed 40.68 billion yuan, making up 5% [2]. Group 2: ETF Performance - ETFs have seen a dividend distribution of 100.81 billion yuan, a year-on-year increase of over 182% [3]. - Major contributors to ETF dividends include Huaxia CSI 300 ETF and Jiashi CSI 300 ETF, each distributing over 20 billion yuan [3]. - The overall improvement in market conditions has boosted investor confidence, leading to increased dividends as a way for fund companies to reward investors [3]. Group 3: Fund Company Contributions - 24 fund companies have distributed over 10 billion yuan in dividends, with the top four being Zhongyin Fund, Huaxia Fund, Yifangda Fund, and Jiashi Fund, distributing 51.72 billion yuan, 48.22 billion yuan, 47.16 billion yuan, and 44.92 billion yuan respectively [4]. - 21 fund products have distributed over 5 billion yuan, with several ETFs and bond funds leading the way [4]. - A total of 337 funds have implemented at least two dividend distributions this year, with some bond funds having up to 8 distributions [4]. Group 4: Market Trends and Influences - The increasing focus on certainty in returns among investors has led fund companies to enhance their competitive edge through dividend strategies [5]. - Supportive policies from regulatory bodies encouraging cash dividends among listed companies have also contributed to the rise in fund dividends [5].

Core Viewpoints - The article emphasizes the common misconceptions in mutual fund investment and encourages investors to adopt a more informed and strategic approach to avoid pitfalls [2][4][9]. Misconception 1: Frequent Trading and Blindly Chasing Gains - Frequent trading and chasing market highs are discouraged as they can lead to emotional decision-making and increased transaction costs, ultimately eroding potential returns [2]. - A more effective strategy is to hold onto a promising fund despite short-term volatility, allowing for recovery and growth over time [2]. Misconception 2: Performance as the Sole Indicator for Fund Selection - Relying solely on past performance rankings to select funds is misleading, as historical returns do not guarantee future results [4]. - Fund performance is influenced by market conditions and the fund manager's capabilities, making it essential to consider a broader range of factors [4]. Misconception 3: Holding a Large Number of Funds - Owning too many funds can lead to excessive management effort and potential confusion, resulting in a "messy investment" [6]. - Diversification is important, but over-diversification can lead to similar holdings across funds, which may not effectively mitigate risk [7]. Misconception 4: High Dividends Equate to Higher Returns - High dividend payouts do not necessarily indicate better overall returns, as dividends are a portion of the fund's net asset value and do not add to the total return [9]. - Investors should focus on the fund's growth potential rather than just dividend frequency, as an overemphasis on dividends may lead to missed opportunities for capital appreciation [10].