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华泰保兴尊利持仓转债信评分布
华泰保兴尊利持仓转债信评分布
行业数据
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图片大小:118KB
图片尺寸:1204*771
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所属报告:
公募转债基金专题:基于alpha能力的有效转债基金优选策略-230329(27页).pdf
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相关数据
华泰保兴尊利持仓转债正股特征
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行业数据
2023-03-30
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华泰保兴尊利近2年转债持仓前五大行业
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行业数据
2023-03-30
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华泰保兴尊利持仓转债加权均价&转股溢价率
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行业数据
2023-03-30
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华泰保兴尊利持仓转债结构(偏债&偏股&平衡)
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2023-03-30
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转债投资部分,基金经理张挺采取量化模型与主观基本面相结合的方式进行转债组合的构建,其中量化手段主要借助蒙特卡洛模拟进行转债个券的估值定价,主观维度则重点关注个券基本面及信用面,会在基本面相对较好、信用资质无瑕疵的转债中优选低估值品种。此外,基金经理注重组合的回撤控制,偏好在事前进行风险预算,严格控制风险敞口,整体持仓以低价防守策略风格为主。结合华泰保兴尊利披露的转债明细来看,成立以来多期以偏债型标的为主,同时在 2020 年以来逐步提升持有转债的信用等级,AAA 评级转债的占比超过一半。产品的转债持仓相对集中,明显偏配在金融、周期板块,近一年持仓前三大行业分别为银行、交通运输、纺织服饰,整体呈现价值风格,另外近两年加大了对流动性较好、规模较大的转债的关注,市值风格逐步由中小盘切向均衡。
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公募转债基金专题:基于alpha能力的有效转债基金优选策略-230329(27页).pdf
转债市场行业结构-数量占比
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