window.pageData = {"stock":{"_id":3000000024707,"stockCode":"024707","masterFundShortName":"中金恒瑞债券","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":24707,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"中金恒瑞债券A","name":"中金恒瑞债券型证券投资基金","pinyin":"zjhrzqxzqtzjj","fundCollectionId":4000050960000,"inceptionDate":"2025-06-29T16:00:00.000Z","fundCollection":{"exchange":"jjgs","stockType":"fund_collection","stockCode":"50960000","tickerId":50960000,"name":"中金基金管理有限公司"},"managers":[{"name":"闫雯雯","stockType":"fund_manager","stockCode":"db20553118","exchange":"fm","tickerId":252323201580},{"name":"尹海峰","stockType":"fund_manager","stockCode":"db20558788","exchange":"fm","tickerId":250806191890}],"hotMetrics":{"fss":{"stockId":3000000024707,"type":"fss","last_data_date":"2025-12-30T16:00:00.000Z","f_ins_h_s_r":0.8835,"f_ind_h_s_r":0.1165,"f_h_a":394,"f_ind_h_s_r_c_hy":-0.7842999999999999,"f_ins_h_s_r_c_hy":0.7843},"fpr":{"stockId":3000000024707,"type":"fpr","f_cagr_p_r_fs_ssc":7282,"f_cagr_p_r_fs_ssrp":0.9086663919791238,"f_p_r_m1_ssc":7585,"f_p_r_m1_ssrp":0.5329641350210971,"f_p_r_m3_ssc":7500,"f_p_r_m3_ssrp":0.6904920656087479,"f_p_r_m6_ssc":7312,"f_p_r_m6_ssrp":0.6694022705512241,"f_p_r_fys_ssc":7460,"f_p_r_fys_ssrp":0.7586807883094249},"fp":{"stockId":3000000024707,"type":"fp","last_data_date":"2026-05-07T16:00:00.000Z","f_cagr_p_r_fs":0.012970985232864773,"f_p_r_m1":0.0021874474171290625,"f_p_r_m3":0.005571500928584161,"f_p_r_m6":0.00959111785049549,"f_p_r_fys":0.007612925054983233},"ff":{"stockId":3000000024707,"type":"ff","f_fr_d":"2025-12-30T16:00:00.000Z","f_m_fr":0.003,"f_c_fr":0.001,"f_mac_fr":0.004},"f_nlacan":{"stockId":3000000024707,"type":"f_nlacan","f_nv_d":"2026-05-07T16:00:00.000Z","f_nv":1.1912,"f_nv_cr":0.00008395600705224382},"f_as":{"stockId":3000000024707,"type":"f_as","f_tas":49649485.949899994,"f_tas_d":"2026-03-30T16:00:00.000Z"}},"masterSlaveFunds":[{"_id":3000000024708,"name":"中金恒瑞债券型证券投资基金","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","status":"normal","stockCode":"024708","tickerId":24708,"shortName":"中金恒瑞债券C","currency":"CNY","__csrcFundId":15362,"exchange":"jj","masterFundFlag":null,"indexFundFlag":null,"activeFundFlag":null,"etfFundFlag":null,"lofFundFlag":null,"pensionTargetFlag":null,"feederFundFlag":null,"classificationFlag":null,"closedEnd":null,"lastUpdated":"2025-07-14T07:52:00.572Z","inceptionDate":"2025-06-29T16:00:00.000Z","pinyin":"zjhrzqxzqtzjj","fundCollectionId":4000050960000}],"bondHoldings":[{"_id":"69e8fbf61398d79843004158","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000024707,"stockCode":"112609088","stockName":"26浦发银行CD088","holdings":1000000,"marketCap":98534772,"netValueRatio":0.0731,"lastUpdated":"2026-04-22T16:48:54.119Z"},{"_id":"69e8fbf61398d79843004159","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000024707,"stockCode":"2228006","stockName":"22中国银行二级01","holdings":600000,"marketCap":61168356,"netValueRatio":0.0454,"lastUpdated":"2026-04-22T16:48:54.122Z"},{"_id":"69e8fbf61398d7984300415a","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000024707,"stockCode":"2228041","stockName":"22农业银行二级01","holdings":500000,"marketCap":52463753,"netValueRatio":0.0389,"lastUpdated":"2026-04-22T16:48:54.126Z"},{"_id":"69e8fbf61398d7984300415b","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000024707,"stockCode":"2128028","stockName":"21邮储银行二级01","holdings":500000,"marketCap":51413139,"netValueRatio":0.0381,"lastUpdated":"2026-04-22T16:48:54.129Z"},{"_id":"69e8fbf61398d7984300415c","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000024707,"stockCode":"2228024","stockName":"22工商银行二级03","holdings":400000,"marketCap":42140109,"netValueRatio":0.0313,"lastUpdated":"2026-04-22T16:48:54.132Z"}]},"list":[{"_id":"69e8eca51398d79843fea05b","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","stockId":3000000024707,"sao":"2026年一季度，全球宏观环境呈现外弱内稳的特征，海外经济动能放缓，地缘政治与经贸摩擦频发，主要经济体的通胀路径及货币政策调整方向存在不确定性；国内经济总体平稳且高质量发展成效显现，但仍面临内需不足及外部冲击等结构性挑战。货币政策层面，央行延续适度宽松的货币政策基调，尤其在春节等关键时点通过充足的政策工具投放，维持市场资金面的整体平稳。　　市场层面，债券市场年初以来收益率曲线呈现显著陡峭化走势：短端品种在流动性充裕及同业活期存款利率调降预期的支撑下，存单利率降至阶段性新低；长端利率则受制于权益及商品市场风险偏好回升、长债供需格局担忧以及通胀预期扰动，走势整体维持震荡。信用债市场方面，在供给不足、配置需求旺盛及摊余成本法债基集中开放等多重因素共振下，信用利差有所收窄。截至一季度末，中债国债及国开债到期收益率较2025年末普遍下行，其中1年期品种分别下行12BPs和11BPs，3年期分别下行7BPs和13BPs，5年期分别下行9BPs和13BPs，10年期分别下行3BPs和6BPs；一季度，中债-综合财富（总值）指数累计上涨0.83%。　　报告期内，本基金以高等级信用债、商金债和利率债等品种为主要投资标的，以票息持有策略为主，并根据债券市场的波动适度调节久期与杠杆水平，力争为投资者带来相对稳健的投资回报。","lastUpdated":"2026-04-22T15:43:33.335Z","fund":{"_id":3000000024707,"__csrcFundId":15362,"stockCode":"024707","masterFundShortName":"中金恒瑞债券","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":24707,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"中金恒瑞债券(024707)","lastUpdated":"2026-05-01T04:22:21.939Z","name":"中金恒瑞债券型证券投资基金","pinyin":"zjhrzqxzqtzjj","fundCollectionId":4000050960000,"inceptionDate":"2025-06-29T16:00:00.000Z","managers":[{"stockCode":"db20553118","stockType":"fund_manager","exchange":"fm","tickerId":252323201580,"name":"闫雯雯"},{"stockCode":"db20558788","stockType":"fund_manager","exchange":"fm","tickerId":250806191890,"name":"尹海峰"}]},"announcement":{"linkText":"中金恒瑞债券型证券投资基金2026年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1479047","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69ce665ff45dd25f43f626df","date":"2025-12-30T16:00:00.000Z","declarationDate":"2026-03-30T16:00:00.000Z","stockId":3000000024707,"sao":"2025年，在全球经济环境复杂严峻的背景下，中国经济保持稳健运行，全年国内生产总值（GDP）同比增长5.0%。物价水平总体保持稳定，居民消费价格指数（CPI）同比上涨约1.5%，处于温和区间。宏观政策方面，中国人民银行通过下调存款准备金率、政策利率及灵活运用多种流动性管理工具，保持银行体系流动性合理充裕，有效推动社会综合融资成本稳中有降。财政政策加力提效，通过增发特别国债支持国家重大战略实施与重点领域能力建设，并安排地方政府再融资专项债券，助力化解存量隐性债务、补充地方财力，推动多地实现隐性债务清零，为增强经济发展内生动力、促进经济平稳健康运行提供了有力支撑。　　整体来看，报告期内债券市场在国内外多重因素共同作用下呈现结构分化特征。利率债方面，全年收益率曲线整体呈现波动上行态势，久期策略贡献相对有限。截至2025年12月31日，1年期及10年期国债收益率较上年末分别上行25BP和17BP，至1.34%和1.85%；1年期及10年期政策性金融债（国开债）收益率较上年末分别上行34BP和27BP，至1.55%和2.00%（上述收益率已考虑税收影响）。信用债方面，在资金面整体维持合理充裕、机构配置需求旺盛等因素驱动下，多数品种信用利差有所压缩。截至期末，1年期隐含评级AA+中短期票据估值收益率为1.77%，与上年末持平，其与同期限利率债的信用利差收窄约36BP。　　报告期内，本基金以高等级信用债、商金债和利率债等品种为主要投资标的，以票息持有策略为主，并根据债券市场的波动适度调节久期与杠杆水平，力争为投资者带来相对稳健的投资回报。","lastUpdated":"2026-04-02T12:51:43.497Z","mo":"2026年，随着高新技术产业的持续跃升以及财政与金融政策协同促内需的一揽子举措效能深化释放，宏观经济回升向好的基础将进一步夯实。然而，国内经济结构性分化依然显著，部分传统行业景气度修复滞后，宏观层面仍面临有效需求不足与社会融资意愿疲弱的持续约束。　　具体而言，房地产市场正处于供需关系深度重构的关键期，市场活跃度亟待提振，构建平稳健康发展的长效机制仍需持续发力。与此同时，社会融资规模增速维持低位运行，实体经济的融资需求扩张动力尚显不足。　　在此宏观背景下，货币政策具备适度宽松的操作空间，预计存款准备金率与政策利率均存在下调窗口。财政与货币政策的协调配合将显著增强，推动资金利率中枢保持平稳或呈下行趋势。聚焦债券市场，鉴于经济复苏进程仍处于攻坚阶段，货币政策基调预计将维持“稳健略偏宽松”，流动性环境有望保持合理充裕。此外，财政货币双轮驱动将有效保障政府债券的顺利发行及债券市场平稳运行。综上来看，债券资产在当前宏观周期中仍具备一定的配置价值。","fund":{"_id":3000000024707,"__csrcFundId":15362,"stockCode":"024707","masterFundShortName":"中金恒瑞债券","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":24707,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"中金恒瑞债券(024707)","lastUpdated":"2026-05-01T04:22:21.939Z","name":"中金恒瑞债券型证券投资基金","pinyin":"zjhrzqxzqtzjj","fundCollectionId":4000050960000,"inceptionDate":"2025-06-29T16:00:00.000Z","managers":[{"stockCode":"db20553118","stockType":"fund_manager","exchange":"fm","tickerId":252323201580,"name":"闫雯雯"},{"stockCode":"db20558788","stockType":"fund_manager","exchange":"fm","tickerId":250806191890,"name":"尹海峰"}]},"announcement":{"linkText":"中金恒瑞债券型证券投资基金2025年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1458907","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed4047fea5b3eb0543dd0","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000024707,"sao":"2025年三季度，海外经济方面，世界经济增长动能减弱，贸易壁垒增多，主要经济体经济表现有所分化，通胀走势和货币政策调整存在不确定性。国内经济方面，经济呈现温和修复态势，7-9月制造业采购经理指数（PMI）逐月回升，但仍处于收缩区间，国内需求偏弱、物价低位徘徊等问题，仍对经济修复形成一定制约。货币政策方面，重要时点政策工具投放（公开市场操作、买断式逆回购、中期借贷便利等）较为充足，央行呵护资金面暖意不减，资金面整体平稳。　　市场方面，三季度“反内卷”政策推升通胀预期，股票市场走强压制债券市场情绪，债券市场收益率震荡上行，信用利差随之小幅走阔，但短端受益于资金面宽松，收益率较为平稳，收益率曲线呈现陡峭化上移。具体来看，截至三季度末，中债国债、国开债到期收益率与二季度末相比，1年期分别+3BPs、+13BPs；3年期分别+12BPs、+20BPs；5年期分别+9BPs、+23BPs；10年期+21BPs、+35BPs。中债-综合财富（总值）指数收益为-0.93%。　　报告期内，本基金以高等级信用债、商金债和利率债等品种为主要投资标的，以票息持有策略为主，并根据债券市场的波动适度调节久期与杠杆水平，力争为投资者带来相对稳健的投资回报。","lastUpdated":"2026-03-09T14:07:00.901Z","fund":{"_id":3000000024707,"__csrcFundId":15362,"stockCode":"024707","masterFundShortName":"中金恒瑞债券","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":24707,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"中金恒瑞债券(024707)","lastUpdated":"2026-05-01T04:22:21.939Z","name":"中金恒瑞债券型证券投资基金","pinyin":"zjhrzqxzqtzjj","fundCollectionId":4000050960000,"inceptionDate":"2025-06-29T16:00:00.000Z","managers":[{"stockCode":"db20553118","stockType":"fund_manager","exchange":"fm","tickerId":252323201580,"name":"闫雯雯"},{"stockCode":"db20558788","stockType":"fund_manager","exchange":"fm","tickerId":250806191890,"name":"尹海峰"}]},"announcement":{"linkText":"中金恒瑞债券型证券投资基金2025年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1379257","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed4047fea5b3eb0543dcf","date":"2025-06-29T16:00:00.000Z","stockId":3000000024707,"sao":"2025年上半年，在复杂多变的外部环境下，出口保持较好增势，居民消费需求在国内政策支持下稳步回升，信贷温和回暖。同期国内房地产市场修复相对有限，工业品价格低位运行，企业扩产意愿有待提振，内生动能仍有提升空间。　　货币政策方面，5月央行实施了降准降息操作，并于6月开展买断式逆回购操作，以及在缴税、月末、季末等关键时点加大公开市场操作（OMO）力度，有效维护了银行间市场流动性的合理充裕。　　债券市场方面，尽管市场风险偏好有所回升，但由于中美贸易不确定性因素持续存在，叠加资金面阶段性收敛后又趋于宽松，上半年债券市场收益率先上后下，呈现宽幅震荡格局。截至上半年末，中债-新综合财富（总值）指数年初以来上涨1.05%。","declarationDate":"2025-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T14:07:00.898Z","mo":"从基本面来看，国内产业政策持续优化推动经济结构升级转型，工业品价格企稳或边际改善企业扩产意愿，下半年地产和基建政策或将继续推出并显现效果。需关注上半年出口高增长的可持续性可能面临一定挑战，国内需求偏弱格局对消费复苏构成制约，经济基本面的修复力度仍需进一步巩固提升。　　从货币政策来看，在经济复苏仍面临较多不确定性的情况下，预计央行将继续实施适度宽松的货币政策，政策操作更注重灵活性与前瞻性，流动性管理工具更加精细化，推动社会综合融资成本稳中有降，流动性预计继续保持合理充裕。　　综合来看，通胀回温有助于改善经济修复预期，但内需偏弱仍为主要掣肘，一系列宏观政策措施效果充分显现需要时间传导与观察。在此背景下，货币政策坚持稳健基调，债券市场收益率中枢大幅抬升的风险相对可控。操作上需跟踪关注政策节奏及传导效果对债券市场形成的边际扰动，密切关注基本面的修复动能和物价水平的变化。","fund":{"_id":3000000024707,"__csrcFundId":15362,"stockCode":"024707","masterFundShortName":"中金恒瑞债券","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":24707,"currency":"CNY","masterFundFlag":1,"status":"normal","exchange":"jj","shortName":"中金恒瑞债券(024707)","lastUpdated":"2026-05-01T04:22:21.939Z","name":"中金恒瑞债券型证券投资基金","pinyin":"zjhrzqxzqtzjj","fundCollectionId":4000050960000,"inceptionDate":"2025-06-29T16:00:00.000Z","managers":[{"stockCode":"db20553118","stockType":"fund_manager","exchange":"fm","tickerId":252323201580,"name":"闫雯雯"},{"stockCode":"db20558788","stockType":"fund_manager","exchange":"fm","tickerId":250806191890,"name":"尹海峰"}]},"announcement":{"linkText":"中金恒瑞债券型证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1344838","linkType":"PDF","source":"csrc_pdf"}}]}