Pure bond fund issuance drops to freezing point, "fixed income +" firmly occupies the mainstream position.

Since 2026, bond funds overall have been met with a cold reception, with their scale significantly decreasing year-on-year. Among them, only a few new pure bond funds have been issued. In stark contrast, "fixed income +" funds have continued their strong rise since 2025, occupying a dominant position in new bond funds. Industry insiders believe that the future allocation needs of individuals and institutions will continue to support the development of "fixed income +" funds, and their position in the field of stable wealth management is expected to further consolidate. However, at the same time, the industry will also face multiple challenges such as pressure on bond market returns and intensified product competition.