Core Viewpoint - A significant wave of fund distributions has occurred, with over 1,900 funds distributing more than 130 billion yuan in total this year, indicating a trend of sharing investment returns with investors during market fluctuations [1][3]. Fund Distribution Overview - As of June 22, 2023, 82 public funds announced distribution plans, with a total of 1,941 funds having made 2,761 distributions this year, amounting to 131.46 billion yuan [1]. - The number of funds distributing over 10 billion yuan has reached 17, with 41 funds distributing more than 5 billion yuan [2]. Notable Fund Performances - The top three funds by total distribution amount are: - Guangfa Small Cap Growth A: 3.096 billion yuan -招商中证白酒 A: 2.890 billion yuan -易方达价值精选: 2.793 billion yuan [2]. - Guangfa Small Cap Growth A's distribution this year has increased by over 190% compared to last year's total of 1.066 billion yuan [2]. Distribution Frequency - Some funds have shown a high frequency of distributions, with 25 funds distributing more than five times this year, and the highest being Baoying Core Advantage A and C classes, which distributed 10 times [1]. - 易方达价值精选 has distributed four times this year, maintaining a stable distribution pattern over the past two years [2][3]. Market Context and Strategy - Industry experts suggest that fund distributions aim to maximize investor benefits, especially in volatile markets, by sharing investment results and boosting investor confidence [3]. - Large funds may use substantial distributions to reduce management scale and mitigate holding risks, while also alleviating pressure from concentrated redemptions [3].

步入下半年来，公募基金分红热度不减。7月10日，嘉实基金旗下14只产品发布收益分配公告，将 于近期集体分红。这也是嘉实基金自今年1月和4月同日官宣13只产品分红后，再度宣布集中派现。延续 过往分红节奏，此次分红呈现产品种类多元、分红稳定且可持续性强等多重看点，有助于持续提升投资 者的获得感和体验感。 在业界看来，公募基金公司通过积极分红回馈投资者，一方面可帮助投资者锁定部分收益，另一方 面可为投资者带来即时的现金流增加资金的自由支配度、提升投资体验，此外还有助于帮助投资者从容 应对市场短期波动、坚定长期投资的信心。 嘉实基金自成立来便高度重视投资者获得感，至2024年末旗下产品累计分红1444次，累计为投资者 分红1066.81亿元（不含货币累计分红金额与累计分红次数，数据来源为嘉实官网各产品收益分配公 告，统计时间为每只基金自成立以来截至2024年12月31日的累计数据）。截至7月10日，今年以来嘉实 基金旗下产品已累计分红金额达53.97亿元。（数据来源：嘉实官网 截至2025年7月10日）。 风险提示：基金有风险，投资需谨慎。投资人应当阅读《基金合同》《招募说明书》《产品资料概要》等法律文 件，了解基金 ...

Group 1 - The core viewpoint is that public funds are transitioning from a focus on scale to prioritizing investor returns, with a significant increase in dividend distributions to enhance investor experience [1][2][3] - As of May 15, 2025, the total dividends distributed by public funds in the year exceeded 87 billion yuan, surpassing approximately 60 billion yuan in the same period last year [1] - The trend of increasing dividends is not limited to traditional bond funds; index funds are also showing a growing trend in dividend payouts [1][2] Group 2 - Jiashi Fund has announced multiple dividend distributions for its products, including the Jiashi Ultra Short Bond Fund and Jiashi CSI A500 ETF Linked Fund, with specific dividend amounts set for different classes of shares [1][2] - The Jiashi CSI A500 ETF has a current circulation scale of nearly 15 billion yuan and has implemented a quarterly dividend mechanism to enhance investor experience [2] - Since the beginning of 2025, Jiashi Fund's products have cumulatively distributed dividends over 50 times, with a total amount reaching 4.638 billion yuan [3]