本次分红对象为权益登记日在本基金登记机构登记在册的本基金份额持有人。，权益登记日为11月21 日，现金红利发放日为11月25日。1、选择红利再投资的投资者，其红利将按2025年11月21日的基金份 额净值为计算基准确定再投资份额。2、选择红利再投资方式的投资者所转换的基金份额将于2025年11 月24日直接计入其基金账户，2025年11月25日起可以查询、赎回。根据财政部、国家税务总局颁布的相 关规定，基金向投资者分配的基金收益，暂免征收所得税。1、本次分红免收分红手续费。2、选择红利 再投资方式的投资者，其红利所转换投资的基金份额免收申购费用等红利再投资费用。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 | 分级基金筒称 | 代码 | 蛋准日星尖净值 | | 分红方案 | | --- | --- | --- | --- | --- | | | | (元) | | (元/10份） | | 鹏华普天债券A | 160602 | | 1.39 | 0.01 | | 鹏华普天债券B | 160608 | | 1.32 | 0.01 | ...

Core Viewpoint - The public fund industry in China is entering a phase of high-quality development, driven by the recently issued action plan from the China Securities Regulatory Commission (CSRC), which outlines 25 policy measures aimed at reforming key aspects of the industry [1][2]. Group 1: Policy Measures and Industry Response - The action plan includes reforms on fund performance benchmarks, floating management fee structures, performance evaluation mechanisms, and compensation management, which have sparked extensive discussions within the industry [1][3]. - Following the release of the action plan, public funds have begun to take swift actions, with companies like浦银安盛基金 announcing changes to their performance benchmarks for several funds [2][3]. - Over 20 funds have initiated fee reductions since April, primarily among bond funds, indicating a proactive response to the new regulatory environment [1][2]. Group 2: Changes in Fund Management and Strategy - The introduction of a floating management fee mechanism is seen as a critical change that will link fund company revenues to investor returns, potentially altering the commercial model of public funds [3][4]. - Large fund companies are expected to issue at least 60% of their actively managed equity funds as floating fee products within a year, which may lead to a divergence in strategies between large and small firms [3][4]. - Smaller fund companies may adopt a "small but beautiful" strategy to capture excess returns while maintaining flexibility in decision-making [4]. Group 3: Performance Evaluation and Investor Focus - The action plan emphasizes a systematic reform of the performance evaluation mechanisms for fund companies, focusing on long-term investment returns and investor experiences [6][7]. - The new evaluation criteria will prioritize investment performance over scale, encouraging a shift towards enhancing long-term investment philosophies [7][9]. - Fund managers' compensation structures are expected to change significantly, promoting a "reward the excellent, limit the poor" approach, which will enhance the focus on research and investment capabilities [8][9]. Group 4: Market Impact and Future Outlook - The action plan is anticipated to influence public fund investment behaviors in the medium to long term, with a potential decrease in turnover rates and a greater emphasis on stable investment returns [10][11]. - There may be a shift towards higher allocations in low-volatility, high-dividend products, particularly in sectors like banking, which have historically been underweighted [11]. - The reforms could lead to increased inflows of medium to long-term capital into the A-share market, enhancing market resilience and potentially increasing the proportion of equity funds [10][11].

Group 1 - Several fund companies have announced the suspension of large subscriptions for dividend-themed funds to ensure stable operation and protect the interests of fund shareholders, with limits set at 500,000 yuan and 10 million yuan for different funds [1] - The total scale of dividend funds reached 251.37 billion yuan by the end of the first quarter, an increase of approximately 27 billion yuan compared to the end of the previous quarter, marking a new high [1] Group 2 - The total scale of the first batch of Hang Seng Technology ETFs has grown to 75.563 billion yuan, a significant increase of 14.15 times from its initial scale of 4.989 billion yuan [2] - This batch of ETFs was launched in May 2021 by six public funds, marking their fourth anniversary as of May 12 [2] Group 3 - The number of "fixed income plus" funds has exceeded 1,700, with an overall product scale increasing by over 140 billion yuan since the end of last year [3] - Some "fixed income plus" funds have shown outstanding performance this year, with annual returns exceeding 10% [3] Group 4 - More than 30 funds have changed their performance comparison benchmarks this year, following the regulatory push to strengthen the constraints on performance benchmarks [4] - The China Securities Regulatory Commission has linked performance benchmarks to the income of fund companies and the compensation of fund managers [4] Group 5 - The CICC Vipshop Outlets REIT has been accepted for review, with the underlying assets expected to include outlet projects in Nanchang, Ningbo, and Taiyuan [5] - CICC has also submitted a request for fund registration change for the CICC Xiamen Housing REIT, which has been accepted, indicating an acceleration in its expansion process [5] Group 6 - Wan Minyuan has reduced its holdings in Sunshine Nuohong, with the latest data showing a holding of 2.5 million shares, representing 2.23% of the company [6] - The fund "Rongtong Health Industry Mixed" has decreased its holdings in Sunshine Nuohong by 108,000 shares after the first quarter [7] Group 7 - On May 13, the market experienced a high open but low close, with the Shanghai Composite Index rising by 0.17% and the Shenzhen Component Index and ChiNext Index both declining slightly [8] - The total trading volume in the Shanghai and Shenzhen markets was 1.29 trillion yuan, a decrease of 16.9 billion yuan compared to the previous trading day [8]

鹏华普天债券基金公告称，决定自2025年5月13日起，调整基金的业绩比较基准，原约定的业绩比较基 准"中证综合债指数收益率"，现拟变更为"中债综合全价(1年以下)指数收益率"。数据显示，今年以来， 已有30余只基金变更业绩比较基准。近期，证监会发布《推动公募基金高质量发展行动方案》，强化了 业绩比较基准的约束作用，将业绩比较基准与基金公司的收入和基金经理的薪酬考核挂钩。(人民财讯) ...