Since the start of this year, total dividend payouts from public funds have exceeded 120 billion yuan, with bond funds still accounting for more than 60% of the total dividend amount, while the number of dividend distributions by equity funds has increased significantly.

Data from Public Fund Ranking Network shows that as of September 29, a total of 2,543 products under 129 public fund institutions have distributed dividends this year, with a combined 4,829 dividend distributions and a total payout of 121.570 billion yuan.

The Paper noted that compared with the same period last year, both the number and amount of dividends from bond funds have declined noticeably, while the number of dividends from equity funds has increased by nearly 80% year-on-year.

Data shows that since the start of this year, bond funds have distributed dividends 2,976 times, with a payout of 76.499 billion yuan, down 25.58% and 41.74% respectively from 3,999 times and 131.301 billion yuan in the same period last year; equity funds have distributed dividends 1,515 times, with a payout of 35.509 billion yuan, up 78.45% and 0.35% respectively from 849 times and 35.384 billion yuan in the same period last year.

Bond Fund Dividend Amount Accounts for Over 60%

From the perspective of fund types, bond funds accounted for 62.93% of the total dividend amount from public funds this year, remaining the fund type with the largest dividend payout.

Among them, pure bond funds accounted for 77.61% of the total dividend amount from bond funds.

Equity funds distributed 28.151 billion yuan in dividends, accounting for 23.16%, making them the second-largest source of dividends; mixed funds distributed 16.003 billion yuan, accounting for 13.16%; QDII funds and FOFs distributed 465 million yuan and 452 million yuan respectively, accounting for 0.38% and 0.37% respectively.

In terms of year-on-year changes, dividend payouts from mixed funds increased 179.38% from 5.728 billion yuan in the same period last year, while dividend payouts from FOFs increased 927.27% from 44 million yuan in the same period last year.

Broad-Based ETFs Sweep the Top Three Dividend Spots

Looking at individual funds, a total of 300 funds have distributed dividends of no less than 100 million yuan this year, accounting for 11.80% of all dividend-distributing funds.

Among them, 287 funds distributed dividends between 100 million yuan and 500 million yuan, and 13 funds distributed dividends exceeding 500 million yuan, with 7 exceeding 1 billion yuan and 8 being equity funds.

Huatai-PineBridge CSI 300 ETF, E Fund CSI 300 ETF, and Southern CSI 500 ETF distributed dividends of 9.811 billion yuan, 4.479 billion yuan, and 1.978 billion yuan respectively, ranking among the top three individual funds by dividend amount this year.

From the perspective of fund managers, a total of 98 public fund institutions have distributed dividends of no less than 100 million yuan this year, with 31 distributing more than 1 billion yuan.

E Fund Management's 119 funds distributed dividends 270 times, with a payout of 14.061 billion yuan, ranking first.

Huatai-PineBridge Fund distributed 11.804 billion yuan in dividends, and Southern Fund distributed 7.435 billion yuan.

In addition, China Merchants Fund, Bosera Fund, and Huashang Fund each distributed no less than 3 billion yuan in dividends this year.

Average Dividend Amount per Distribution Declined Year-on-Year

It is worth noting that while the number of dividend distributions increased, the average dividend amount per distribution for equity funds declined.

Calculated by dividing total dividend amount by the number of distributions, the average dividend amount per distribution for equity funds this year was approximately 23 million yuan, compared with approximately 42 million yuan in the same period last year; the average dividend amount per distribution for bond funds fell from approximately 33 million yuan in the same period last year to approximately 26 million yuan.

From the perspective of capital flows, broad-based ETFs with the largest dividend payouts have recently remained the main direction of capital inflows.

A strategy tracking report released by Wanlian Securities shows that as of the week ending September 24, among the top ten ETF products by net capital inflow, scale index ETFs occupied 7 spots.

The institution believes that scale-type ETF products have high coverage of tracked indices, ample liquidity, and defensive allocation value, making them suitable as foundational allocations.