Group 1 - As of August 29, 2025, 5754 out of 6804 bond funds reported positive performance in the first eight months of the year, representing 85% of the total, while 1010 funds experienced declines, accounting for 15% [1] - The top-performing bond funds include Southern Changyuan Convertible Bond A and C, with returns of 36.46% and 36.00% respectively [1] - The fund manager of Southern Changyuan Convertible Bond, Liu Wenliang, has over 10 years of experience and has been managing the fund since December 2015 [1] Group 2 - Other notable funds include Golden Eagle Yuanfeng Bond D, A, and C, with returns of 28.15%, 28.13%, and 27.81% respectively [2] - The fund manager of Golden Eagle Yuanfeng, Lin Longjun, has over 7 years of management experience and has been with the company since March 2018 [2] - The asset allocation for Golden Eagle Yuanfeng shows 81.28% in bonds and 16.42% in stocks, with convertible bonds making up 92.28% of the bond assets [2] Group 3 - Penghua Convertible Bond's manager, Wang Shiqian, also has 7 years of management experience and has been with the company since July 2014 [3] - The fund's bond holdings include Wen's Convertible Bond and Rui Chuang Convertible Bond, with a convertible bond allocation of 82.24% [3] - Huashang Enhanced Regular Open Bond has the highest cumulative return among the mentioned funds, achieving over 150% since its inception in September 2016 [3] Group 4 - In the context of the overall rise in the A-share market, the largest declines in bond funds were primarily seen in pure bond funds, with only five funds dropping more than 3% [4] - The fund manager of Minsheng Jia Yin Rui Xia One-Year Open Bond has been with the company since January 2016 and previously worked at the Industrial and Commercial Bank of China [4] - Other funds with notable declines include Hongta Hongtu Shengxing 39-Month Regular Open Bond A and C, and Huian Hengli 39-Month Regular Open Pure Bond [4]

Group 1 - As of July 31, 2025, among 7217 comparable bond funds, 4489 funds saw performance increases, accounting for 62% of the total, while 2555 funds experienced declines [1] - The top-performing bond funds included Southern Changyuan Convertible Bond A and C, and Hongta Hongtu Shengshang One-Year Regular Open Bond A and C, with increases of 7.67%, 7.63%, 7.51%, and 7.47% respectively [1] - Southern Changyuan Convertible Bond is managed by Liu Wenliang, who has nearly 10 years of management experience [1] Group 2 - Hongta Hongtu Shengshang One-Year Regular Open Bond is managed by Yang Xingfeng, who has extensive experience in investment management since 2006 [2] - The top five holdings of this fund are all government bonds, with the top ten stocks including companies like Gaozheng Minbao and Xizang Tianlu [2] - Other notable funds that increased in July include Huashang Convertible Bond A and C, and Huashang Ruixin Regular Open Bond, with increases of 6.97%, 6.93%, and 6.63% respectively [2] Group 3 - Zhang Yongzhi, who manages Huashang Convertible Bond, has 14 years of public fund management experience and focuses on undervalued stocks [3] - The funds that saw increases in July also included Huabao Enhanced Income Bond A and B, and Everbright Credit Enhanced Bond A and C, all rising over 6% [3] - Only 13 bond funds experienced declines of over 1% in July, primarily those holding financial bonds [3]