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抽样复制的基础上，增强持仓品种的流动性，紧密跟踪指数。展望下个季度，经济复苏的进程有望延续，而政策基调平稳，我们预期债市仍将呈现震荡格局。相对价值方面，收益率曲线较为平坦的环境下，中短端资产的性价比占优。组合将继续保持稳健的票息资产配置，密切关注市场的潜在风险，积极争取基金资产的稳健增值。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:31:29.139Z","fund":{"_id":3000000008482,"__csrcFundId":7515,"stockCode":"008482","shortName":"广发央企80债券指数(008482)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":8482,"masterFundFlag":1,"lastUpdated":"2026-04-30T21:16:02.758Z","status":"normal","inceptionDate":"2020-04-28T16:00:00.000Z","name":"广发上海清算所0-4年央企80债券指数证券投资基金","exchange":"jj","followedNum":1,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发央企80债券指数","setUpDate":"2020-04-28T16:00:00.000Z","setUpAssetScale":2550047700,"setUpShares":2550047700,"pinyin":"gfshqss0-4nyq80zqzszqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20660888","stockType":"fund_manager","exchange":"fm","tickerId":826191200,"name":"洪志"}]},"announcement":{"linkText":"广发上海清算所0-4年央企80债券指数证券投资基金2023年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=879288","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecbb17fea5b3eb04ba490","date":"2022-12-30T16:00:00.000Z","stockId":3000000008482,"sao":"2022年，债券收益率整体呈现“V”型走势，一季度至二季度，债市收益率整体横盘震荡；三季度因房地产加速下行带动无风险利率下探，随着四季度国内外政策的调整，大类资产开启一轮“中国复苏定价”。报告期内，组合密切紧密跟踪指数久期等关键风险因子的变化，在抽样复制的基础上，增强持仓品种的流动性，紧密跟踪指数。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:31:29.136Z","mo":"展望2023年，债市最重要的宏观环境是中国即将开启新一轮的经济复苏。在经济复苏初期，宏观政策有望保持宽松呵护。考虑到微观主体真正修复资产负债表尚需时日，同时海外环境依然复杂严峻，债券市场仍然难以摆脱震荡格局。未来组合将继续跟踪经济基本面、货币政策以及监管政策等方面的变化，增强操作的灵活性，优化持仓结构，严控风险，争取为投资人带来稳健的回报。","fund":{"_id":3000000008482,"__csrcFundId":7515,"stockCode":"008482","shortName":"广发央企80债券指数(008482)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":8482,"masterFundFlag":1,"lastUpdated":"2026-04-30T21:16:02.758Z","status":"normal","inceptionDate":"2020-04-28T16:00:00.000Z","name":"广发上海清算所0-4年央企80债券指数证券投资基金","exchange":"jj","followedNum":1,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发央企80债券指数","setUpDate":"2020-04-28T16:00:00.000Z","setUpAssetScale":2550047700,"setUpShares":2550047700,"pinyin":"gfshqss0-4nyq80zqzszqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20660888","stockType":"fund_manager","exchange":"fm","tickerId":826191200,"name":"洪志"}]},"announcement":{"linkText":"广发上海清算所0-4年央企80债券指数证券投资基金2022年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=864489","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecbb17fea5b3eb04ba48f","date":"2022-09-29T16:00:00.000Z","stockId":3000000008482,"sao":"2022年三季度，债市收益率整体先下后震荡，主要驱动因素是地产风险释放、降息和稳增长政策。报告期内，组合密切跟踪市场动向，灵活调整持仓券种结构、组合杠杆和久期分布。展望下季度，利率下行至低位后扰动因素有所增多，但出口下行压力逐步显现，内需的修复依然受到疫情和地产的约束，经济基本面仍有利于债券市场。从货币政策来看，在私人部门预期偏弱、经济基本面下行压力较大的背景下，央行坚持“以我为主”基调，资金面偏宽松、回购利率中枢低于政策利率仍是大概率事件。综合以上因素，预计四季度债券市场有望延续震荡偏强格局。组合将继续紧密跟踪指数走势，关注具体券种的赔率空间，控制回撤风险。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:31:29.133Z","fund":{"_id":3000000008482,"__csrcFundId":7515,"stockCode":"008482","shortName":"广发央企80债券指数(008482)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":8482,"masterFundFlag":1,"lastUpdated":"2026-04-30T21:16:02.758Z","status":"normal","inceptionDate":"2020-04-28T16:00:00.000Z","name":"广发上海清算所0-4年央企80债券指数证券投资基金","exchange":"jj","followedNum":1,"fundCollectionId":4000050300000,"currency":"CNY","masterFundShortName":"广发央企80债券指数","setUpDate":"2020-04-28T16:00:00.000Z","setUpAssetScale":2550047700,"setUpShares":2550047700,"pinyin":"gfshqss0-4nyq80zqzszqtzjj","indexFundFlag":1,"managers":[{"stockCode":"db20660888","stockType":"fund_manager","exchange":"fm","tickerId":826191200,"name":"洪志"}]},"announcement":{"linkText":"广发上海清算所0-4年央企80债券指数证券投资基金2022年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=805148","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecbb17fea5b3eb04ba48e","date":"2022-06-29T16:00:00.000Z","stockId":3000000008482,"sao":"2022年上半年，债券市场总体震荡，关键期限利率分化较为明显。其中，长端利率走平，主要影响因素为政策着力于稳增长和宽信用，地产、财政等政策较为宽松；但与此同时，疫情的反复对基本面形成冲击，使得上半年的基本面预期受到较大扰动。相比较而言，在资金面持续宽松的环境下，中短端的息差和杠杆策略确定性更高，导致中短端利率下行幅度明显更大。总体来看，上半年债市收益率整体震荡，收益率曲线明显陡峭化。报告期内，组合紧密跟踪指数久期等关键风险因子的变化，在抽样复制的基础之上，增强持仓品种的流动性，紧密跟踪指数。","declarationDate":"2022-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:31:29.131Z","mo":"展望下半年，在疫情基本可控的假设下，生产和需求或将有一定回补，基本面的渐进修复仍是主基调。但出口面临海外总需求回落的风险，以及国内地产周期的下行风险，经济向上弹性亦较为有限。货币政策预期维持稳定观望基调。综上，预计下半年债券市场仍难以摆脱区间震荡格局。组合将继续紧密跟踪指数走势，关注具体券种的赔率空间，控制回撤风险。","fund":{"_id":3000000008482,"__csrcFundId":7515,"stockCode":"008482","shortName":"广发央企80债券指数(008482)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":8482,"masterFundFlag":1,"lastUpdated":"2026-04-30T21:16:02.758Z","status":"normal","inceptionDate":"2020-04-28T16:00:00.000Z","name":"广发上海清算所0-4年央企80债券指数证券投资基金","exchange":"jj","followedNum":1,"fundCollectionId":40000503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