值得注意的是，红利国企ETF（510720）在上市后的每个月都做到了分红，已连续分红18个月，是市场 上少有的上市以来每月践行分红的ETF基金，感兴趣的朋友可以逢低布局。 （文章来源：每日经济新闻） 国信证券表示，高股息策略的收益包含资本利得和股息收入两部分。其本质在于投资处于成熟生命周期 阶段的企业，这类公司通常投资回报有限、营收和净利润增速较低，但盈利韧性强，ROE显著更高，现 金流保障能力突出，因而倾向于将利润以分红形式分配。分红本身也是增厚ROE的重要路径，形成"稳 定盈利-持续分红-提升ROE"的正向循环，支撑策略的高胜率。 红利国企ETF（510720）跟踪的是上国红利指数（000151），该指数从市场中筛选具备高分红特征、分 红稳定性良好且兼具规模与流动性的股票作为成分股，主要覆盖金融、能源、工业等传统行业领域，集 中体现价值投资策略下稳健收益与长期分红的特性。 ...

（文章来源：每日经济新闻） 10月9日，红利国企ETF（510720）官宣连续第18次分红。本次分红方案为0.029元/10份基金份额，分红 比例0.3%。权益登记日为10月13日，现金红利发放日为10月17日。 红利国企ETF（510720）跟踪上证国有企业红利指数，聚焦高股息央国企，截至9月30日，近12个月股 息率超4.5%。上国红利指数（000151）从市场中筛选具备高分红特征、分红稳定性良好且兼具规模与 流动性的股票作为成分股，主要覆盖金融、能源、工业等传统行业领域，集中体现价值投资策略下稳健 收益与长期分红的特性，感兴趣的朋友可以逢低布局。 ...

Group 1 - The core viewpoint of the news highlights the increasing interest in high-dividend ETFs, particularly the Hongli State-Owned Enterprise ETF (510720), which has attracted over 280 million yuan in the past 10 days, indicating a strong preference for stable income investments in a volatile market [1] - The Hongli State-Owned Enterprise ETF tracks the Shangguo Dividend Index (000151), which selects stocks with high dividend characteristics and stable dividend performance, primarily covering traditional sectors such as finance, energy, and industry [1] - The ETF has consistently paid dividends for 17 consecutive months since its listing, making it one of the few ETFs that practice monthly dividends, appealing to investors looking for steady income [1] Group 2 - The high-dividend sector is becoming a primary safe haven for short-term funds, reflecting a robust preference for stable investment strategies among domestic institutional investors [1] - Northbound capital remains active in the market, with daily trading volumes at relatively high levels, indicating strong participation intentions despite market fluctuations [1] - The dividend-paying characteristics of the Hongli State-Owned Enterprise ETF align with the "anti-involution" policy direction, enhancing its attractiveness to foreign and long-term investors during market adjustments [1]

注：分红情况具体详见基金分红公告，基金分红规则以基金法律文件为准，鉴于本基金的特点，本基金 分红不一定来自基金盈利，基金分红并不代表总投资的正回报。 如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不预示未来 表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不构成 任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相匹配 的产品。基金有风险，投资需谨慎。 每日经济新闻 中泰证券指出，高股息板块正成为短期资金的主要避险方向。红利板块ETF在近期持续获得长线资金申 购，反映国内配置型资金的稳健偏好；同时，北向资金日均成交额仍处于相对高位，显示北上资金在震 荡市中仍有较强的参与意愿。红利板块不仅具备防御价值，还受益于"反内卷"政策导向的强化。在9月 市场进入震荡调整窗口期，红利板块仍是外资和长线资金偏好的方向，配置价值突出。 红利国企ETF（510720）跟踪的是上国红利指数（000151），该指数从市场中筛选具备高分红特征、分 红稳定性良好且兼具规模与流动性的股票作为成分股，主要覆盖金融、能源、工业等传统行业领域 ...

每经编辑｜彭水萍 主打"可月月评估分红"的现金流ETF和红利国企ETF本月迎来了双双分红。 根据最新公告，现金流ETF（159399）本次分红比例为0.25%，权益登记日为2025年9月15日。 红利国企ETF（510720）本次分红比例为0.3%，分红基准日为2025年9月3日，权益登记日为2025年9月12日。 值得关注的是，这两只ETF都是合同约定可每月进行评估收益分配，在符合基金分红条件下，可安排收益分 配的红利类ETF产品。截至9月，现金流ETF（159399）上市以来已经连续分红7次，红利国企ETF（510720） 已经连续分红17次。 在人心思涨、趋于浮躁的环境下，做好资产配置还是非常重要的。 国信证券研究指出，基民真实收益高的基金，年化波动率、日均换手与PE-TTM均相对较低，而平均股息率较 高，这也意味着红利类资产的持有收益更好。 所以，虽然在牛市，我们也要重视红利资产的投资价值。 市场波动放大，用红利应对牛市分歧 七月以来指数一路冲高，市场情绪回暖，"牛市"的声音喧嚣起来。 很多人会问当前为什么还要关注红利？ 清华大学、伦敦政治经济学院等多校学者联合研究发现，在2015年的牛市市场中，底层 ...

Core Viewpoint - Technology stocks experienced a collective pullback while dividend assets showed resilience, with the Dividend State-Owned Enterprise ETF (510720) rising by 0.4% [1] Group 1: Market Performance - The market is experiencing increased volatility as the index rises, leading to intensified long-short battles [1] - The Dividend strategy has demonstrated superior performance in volatile markets and is suitable for long-term holding as a stabilizing asset in portfolios [1] Group 2: ETF Specifics - The Dividend State-Owned Enterprise ETF (510720) tracks the Shanghai Stock Exchange State-Owned Enterprise Dividend Index, focusing on high-dividend central state-owned enterprises, with a dividend yield exceeding 4% over the past 12 months [1] - As of September 3, the ETF saw a net inflow of nearly 400 million yuan in the past five days [1] - The ETF has distributed dividends 16 times as of August and is among the first domestic products to allow monthly assessment of income distribution under certain conditions [1]

Group 1 - The core viewpoint is that the defensive allocation value of dividend sectors is becoming prominent amid a general outflow of institutional funds, highlighting their defensive function [1] - Despite not being the main focus of the market in the short term, the allocation value of dividend assets is rising due to tightening liquidity and pressure from major shareholders reducing their holdings, potentially becoming an important support for the market in the future [1] - Dividend assets offer stable dividends and policy safety margins, making them valuable for allocation [1] Group 2 - The Dividend State-Owned Enterprise ETF (510720) tracks the State-Owned Enterprise Dividend Index (000151), which selects stocks with high dividend characteristics, stable dividends, and good liquidity, primarily covering traditional sectors such as finance, energy, and industry [1] - The Dividend State-Owned Enterprise ETF (510720) has achieved monthly dividends since its listing, having distributed dividends for 16 consecutive months, making it one of the few ETFs in the market that practices monthly dividends [1] - Investors without stock accounts can consider the Guotai SSE State-Owned Enterprise Dividend ETF Initiator Link A (021701) and Guotai SSE State-Owned Enterprise Dividend ETF Initiator Link C (021702) [1]

牛市格局下，聪明的投资者仍然需要配置一部分红利资产，来对冲市场的潜在风险。根据Wind数据， 红利国企ETF（510720）连续4日净流入额超5亿元。 中国银河证券表示，A股市场有望呈现出震荡向上的行情特征。当前市场环境下，安全边际较高、低估 值、高股息的红利资产仍契合中长期资金配置需求，在外部不确定性与低利率环境下兼具安全边际与收 益确定性。 红利国企ETF（510720）跟踪上证国有企业红利指数，聚焦高股息央国企，近12个月股息率超4%，领 先同类其他指数。 今日，科技股普遍回调，红利资产逆势飘红。红利国企ETF（510720）涨0.3%。 值得关注的是，该ETF还是国内首批合同约定可每月进行评估收益分配，在符合基金分红条件下，可安 排收益分配的红利类ETF产品。截止8月，红利国企ETF已经连续分红16次。 注：市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不构成任 何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相匹配的 产品。基金有风险，投资需谨慎。 每日经济新闻 ...

证券之星消息，8月29日，红利国企ETF（510720）融资买入1540.09万元，融资偿还1075.54万元，融资 净买入464.55万元，融资余额4721.1万元，近3个交易日已连续净买入累计2173.6万元，近20个交易日中 有13个交易日出现融资净买入。 小知识 融资融券：目前，个人投资者参与融资融券主要需要具备2个条件：1、从事证券交易至少6个月；2、账 户资产满足前20个交易日日均资产50万。融资融券标的：上交所将主板标的股票数量由现有的800只扩 大到1000只，深交所将注册制股票以外的标的股票数量由现有的800只扩大到1200只。 融券方面，当日无融券交易。 融资融券余额4721.1万元，较昨日上涨10.91%。 | 交易日 | 两融余额(元) | 余额变动(元) | 变动幅度 | | --- | --- | --- | --- | | 2025-08-29 | 4721.10万 | 464.55万 | 10.91% | | 2025-08-28 | 4256.55万 | 145.25万 | 3.53% | | 2025-08-27 | 4111.30万 | 1563.80万 | 61.39% ...

Group 1 - The core viewpoint is that the market has the potential to challenge the 4000-point level, and investors with existing positions may hold, while those without should wait or observe [1] - The market has recently surpassed the previous high from October 8 of last year and has also broken through the 10-year high, indicating a strong performance in the past quarter [1][3] - Investors are questioning how to invest above 3700 points and whether the bull market has begun, reflecting a cautious sentiment in the market [1] Group 2 - The stock market's performance is influenced by multiple factors, including fundamentals, liquidity, policies, and market sentiment [3] - The GDP growth rate for the first half of the year reached 5.3%, with expectations for a slight decline in the second half, which has led some investors to doubt the market's fundamental support [3][4] - Despite a lower GDP growth expectation, the overall economic situation remains stable, with no significant external risks anticipated [4] Group 3 - The liquidity situation is improving, with margin trading balances steadily increasing and stock market transaction volumes returning to over 2 trillion [4] - The macro liquidity environment is generally loose, with expectations of potential interest rate cuts by the Federal Reserve, which could further support the market [5] - Policy measures are seen as neutral to slightly optimistic, with ongoing efforts in fiscal policy aimed at improving people's livelihoods [5][6] Group 4 - The market sentiment has improved significantly, driven by increased confidence in domestic capabilities, particularly in technology and defense sectors [6] - The current market trend is characterized as a "slow bull" market, suggesting a more stable and gradual upward movement rather than a rapid surge [6] - Investors are advised to consider technical indicators if they find it challenging to capture rapid changes in fundamentals, sentiment, liquidity, and policies [6] Group 5 - Asset allocation strategies are recommended to adopt a "core + satellite" approach, with a focus on technology and dividend sectors [8] - The 中证A500ETF is highlighted as a balanced product that may outperform the 沪深300 index in a bull market due to its exposure to emerging industries [8] - The communication ETF and semiconductor equipment ETF are also noted for their strong performance and potential for future growth [9][10] Group 6 - The military industry is expected to perform well historically around significant events such as military parades, indicating potential investment opportunities [10] - The consumer sector, particularly pharmaceuticals and food and beverage, is identified as a key area for investment, with specific funds recommended for consideration [10][11] - The bond market is experiencing a period of adjustment, with opportunities for investors to accumulate positions during this time [12]