华商信用增强债券型证券投资基金2020年第3季度报告查看PDF公告
华商信用增强债券型证券投资基金
2020 年第 3 季度报告
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型证投资基金 2型证投资0年第3 华
型证季投基金度报告0年第3 华
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华商信用增强债券 2020型证 3投资基金
证 2
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华商信用增强债券型证债券投资基金 20年第3季度报告0 !"#$%
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金 ?强\]^_ `abc/d年eM金 f)* %投资YZ)*3季度报告0
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华商%?Q资£d年华商??G?y?á?ù
ú强??<=
华商信用增= ??华商信用GHIJ=
华商>信增= ?@ABCDEFGHIJ=
í???华商强华商??= ??kl???= ??kl???=
í???华商强§¨|¥= SSUW|U= SSUW|R=
金 ?3í???华商强F′μ′ = W?SSS?22U1USF= R?W?|?|W?1U·F=
===
%3华.'/0123型证4567
3.1 华商信用增强
???增?ā?=
¤?\]^_= 金 ? ? RSRSTWVUX ? RSRST?V?SX=?=
= ??kl???= ??kl???=
U?基?ē,cá?= ????·??1|?= U··??RS1??=
R?基?wē= U··?U?R1|·= |W?WRW1U|=
???ò??华商F′基?wē= S1SRRU= S1SRS?=
???3华商年s`a= ·?|·U?R|?1·|= R?|UU???S1?R=
|??3华商F′`a= S1??W= S1?U2=
a?U1基?ē,cá?^华商基?w?á?d年á?(?á??3ěIě?a??á? ??
??á?l?强?′%基?wē?基?ē,cá??ò基?Iě?a??á?<=
R12华商z{^_3???G增?? §¨华商强???l %???l?,?á?ī??
yQ2ī?? <=
3.2 债券型证投资
3.2.1 债券基金型证 20年第3季度报告债0
??kl???华
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`a?
???=
`a???
_-??=
z{óe华
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???= ???=
x??4V= R1U2?= S1?2?= ?S1W2?= S1S2?= R1?·?= S1?S?=
x??4V= |122?= S1?2?= ?U1UW?= S1US?= W1S|?= S1R2?=
x?uT= |1R2?= S1?|?= ?1S|?= S1US?= R1R??= S1R|?=
x??T= ?UR1?|?= S1?U?= U|1?S?= S1S2?= ?RW1W|?= S1???=
x??T= ?·1???= S1???= RU1?2?= S1S2?= ?RW1WW?= S1R·?=
?华商MN
°±???=
?·1?S?= S1???= RU1W|?= S1S2?= ?R21S|?= S1R·?=
??kl???华
??= `a? `a??? z{óe华 z{óe华-á ???= ???=
华商信用增强债券 2020型证 3投资基金
证 4
2 14
???= _-??= -á???= ??_-??=
x??4V= R1UU?= S1???= ?S1W2?= S1S2?= R12??= S1?U?=
x??4V= |1·??= S1?2?= ?U1UW?= S1US?= ·12U?= S1R2?=
x?uT= ?1?U?= S1?·?= ?1S|?= S1US?= U12·?= S1R·?=
x??T= ?U?1?S?= S1?R?= U|1?S?= S1S2?= ?R212S?= S1???=
x??T= ?21R??= S1???= RU1?2?= S1S2?= ?R?1·W?= S1R·?=
?华商MN
°±???=
?21RS?= S1???= RU1W|?= S1S2?= ?R?1?|?= S1R·?=
==
3.2.2 债券 季!"#$债券%&型证 20'(年第3季度报告债0
'(
=
华商信用增强债券 2020型证 3投资基金
证 5
2 14
=
a??基华商MN°±X?RSU|T?V2X<=
?KL???kl??¢£-资£d年华商华商MN?强OP%基华商强d年??¤??@
)?8?D?Pá?ü??%??@)?8?Dò?强@¢ńD?L????¢商ň¢
IJ¢?z¢??ň年£年s??资£ōō?¢£ō??¢£???L???z
??¢??/CD季?f商ň??@)?8?Dò?强E??ě????z?证(???@
资?型Z-ò?强E??ò资fò?ü年si证898O ?@资?型ě?华商d年强(??P
á?ü资£???t??M?@资?型强?áOP?<华商强d年eMó???基华商d年¢£年
s强ó?3yQ华商年s强 2S?%(?d年Qkl¢£强年s??c商华商年s强ó?3yQ
2S??E?年s强d年ó?M?3?x华商年s强 RS??华商?G强à?ò资?a3?x华商年s
`a强???c商 ??X度uTi)强??¢£强ó?M?3yQ华商年s`a强 |?%(?c商
3??????商 季?投资商?á???f
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%4华投资基
4.1 债券)*+,债券)*-./01
??= ?]=
;基华商强华商?用?H= 资£?z
TH=
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???=
华商?
用=
RSUWT W
V?UX=
RSRST WV
UWX=
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?%?@?%?????%
?G华商?z年ù?@AB
度基金 ?) %华商信用增3季度??华商F′?G增w?强D? <华商信用增mno:?
?华商F′?G增?ūw?%?ù??[?华商8?证(?Gá898O华商MN强OP<=
华商信用增强债券 2020型证 3投资基金
证 7
2 14
4.3 CDEFGHAB
4.3.1 CDEFIJKL?@
金 ?) %基华商信用增?ù?D[?资£d年华商信用IJI?§¨??^?÷?/I
J)?I?§¨??%度éê??d年??§¨?Df?4??%I?'??í2Gd年e
M<=
IJA?dé信用??&P??Ddé?型dé??型f%A??àd年?ò??%.投
?d年eMI???éê年?%?GI?强d年???型<=
?'IJ?í2Gd年eM强§¨2I???§¨ %Tx§¨???强I?§¨??%'Q
3Nd年eMNXN???Nu资£强^????Dó??è %金 ?) %??强I?§¨??
r???%}?c???í'???í§¨z]%IJ???资£d年华商信用IJI?§
¨??^?÷?/IJ)????í§¨z]强?áOP%.投?d年eM?GI?强§¨
?D?型<'QiIJ???D强§¨?ù???D?è强pq ?ù??ó??è强pq度
?d年eM??D?è<基金 ?) %???íz]I?§¨???D?í??%}?c??
?í<=
IJ'?í?d年eM强§¨D??D?ê/??%'?d年eM3N???? ?UX?
X|X?)强N?§¨强??商′?????D[???%??[?????ó?<基金 ?
)%}?c??I?§¨??强?í%IJ?í?华商3季度w??∥强D? <=
4.3.2 MNEFLOGHAB
?O?d年D?%I?'?d年eM%IJ?P[???§¨信用?8?%'??ō???
?????ùō??3I?§¨ ō???w??∥f??§¨D???[?P证??强ǎ
?ê?ǎǐ<=
金 ?)?ù?DIJ?á?? %}?c基华商季度??§¨D?
2 14
8???}?w?¢????fw????t?G@)???è?Y?ň?è?ü???
??f??<基华商¢£年sèé¤?i????强¢£?¤%d年kl??i????¤%?ù
ê?kl?%&??D?w?¢ōō¢证ò?年s~??华商á?<=
4.5 56度7债券报告投资
??基金 ?3??kl??¢£-资£d年华商 ?üF′`a?S1??W?%F′??`a
?S1??W?%华商F′`a????R1U2?%N?华商z{óe华-强á????S1W2?%基ü华
商F′`a????Qz{óe华-á??R1?·4???<=
??基金 ?3??kl??¢£-资£d年华商 ?üF′`a?S1?U2?%F′??`a
?S1?U2?%华商F′`a????R1UU?%N?华商z{óe华-强á????S1W2?%基ü华
商F′`a????Qz{óe华-á??R12?4???<=
4.6 56度7债券WX3Y,债券QZ型证[\AB
?RSRSTSWVSUX?RSRSTS?V?SX%基华商季度6è??4??X华商年s`ay
Q????强??<=
?RSRSTSWVSUX?RSRSTS?V?SX%基华商季度6è??4??X华商年s`ay
Q????强??<=
?ì?华商O?%?J?Tx???强ǎǐ??基华商强O???%???????í?=
?u?e??á???"?è??ó?%????增????|??ǐ?DM?%àó??
?á????信增?D?T%ó?度>信D?????"??
ó?<=
????u????(??度???ǐ强M?%G?'??????ǐ%????/??
年?<=
?????d年g??%?d年g????s?强?á?ù?<=
%5华89:;
5.1 56度]债券QZ. ?@
??= ?o= 商′???= ?华商μ年s强ó????=
U= ò?d年= U?2SS?||?1SS= U?1??=
= (??E?== U?2SS?||?1SS= U?1??=
R= 华商d年= ?= ?=
?= ?Pá?d年== ??2SW?W2W1U?= W21·2=
华商信用增强债券 2020型证 3投资基金
证 9
2 14
= (??¢£== ??2SW?W2W1U?= W21·2=
= 年s??资£= ?= ?=
=? ?商?d年= ?= ?=
|= 商ň?°?d年= ?= ?=
·= ????商ň年s== ?= ?=
=
(????a??强????
商ň年s==
?= ?=
W= CD季?/????商M?== W·S??·W1S?= ·1US=
2= (?年s== ?·?··?1?R= S1W2=
?= M?==== UR??·|??WR1S?=== USS1SS=
==
5.2 56度]^L报U_`aPQ.
5.2.1 56度]^L报U_b7`aPQ.
|¥= Dzü5= Iě?a???= ?华商年s`aó????=
?= ????z= ?= ?=
?= ??z= RU??|S1SS= S1R?=
?= ??z= U?R2|???|1SS= U?1UW=
?=
?ó?ó??证ī°s/?
?z=
?= ?=
?= A?z= ?= ?=
?= ??/??z= ?= ?=
?= §Tr?ū?/??z= U???U?|1SS= U1?2=
?= ??/??z= ?|?|SS1SS= S1??=
?=
k?????/k?ɑ??]
z=
?= ?=
?= 商ňz= UW??W2|1SS= U1?R=
?= ??sz= ?U?|W21SS= S1?|=
?= ??/?]?]z= U|?|??1SS= S1UW=
?= ??éê/ɑ??]z= RS??SS1SS= S1RR=
?= īw??/I?Bǐ信用z= ?= ?=
?= ???]?用/(??]z= ?= ?=
ǜ= ??= ?= ?=
ɡ= ?°/?型??= 2R??U·1SS= S1?U=
?= ????/??z= ?= ?=
?= ?M= ?= ?=
= M?= U?2SS?||?1SS= U?12|=
==
5.2.2 56度]^L报U_c`dPQ`aPQ.
KL基华商强华商MN?P%基华商强d年??3???ETE? <华
华商信用增强债券 2020型证 3投资基金
证 10
2 14
5.3 56度]^Cef证g债券QZ型证hi-jklmn`aPQBo
??= E?|¥= E???= ?ǔ?E?= Iě?a???=
?华商年s`
aó????=
U= ·SS|U?= ????= USS= U··?2|S1SS= U12?=
R= ·SSRRU= ??êE= ?U?USS= WU??R|1SS= S1W?=
?= ·S??|·= ???z= R?USS= ·|?USS1SS= S1WR=
=? ·S?·UR= ?T??= ???SS= ·??·|U1SS= S1WS=
|= ·SU·22= ??资£= ??SSS= ·U?|?S1SS= S1·2=
·= ·SS|2|= ??ī?= U?USS= ·S?W2·1SS= S1·W=
W= SSS|·2= ????= ?SS= |W??RS1SS= S1·?=
2= SSR??2= ??êE= U?SSS= |W?U?S1SS= S1·?=
?= ·S??·?= ???= U?USS= ?2?2·R1SS= S1|?=
US= ·S?·|2= ??°?= ?SS= ?2???·1SS= S1|?=
===
5.4 56度]^pqrsU_pqPQ.
??= ¢£??= Iě?a???= ?华商年s`aó????=
U= @?¢£= ?|??|?S1SS= |1SW=
R= ńD?L= ?= ?=
?= 商ň¢£= ?= ?=
= (????商ň¢= ?= ?=
=? ?z¢£= ·???·?S?U12S= W·1|·=
|= ?z??ň年£= ?= ?=
·= ???L= ?= ?=
W= ōō¢?ō§?¢?= R??SR?U||1??= R·1?2=
2= Nz季?= ?= ?=
?= (?= ?= ?=
US= M?= ??2SW?W2W1U?= US21US=
===
5.5 56度]^Cef证g债券QZ型证hi-jkltnpqPQBo
??= ¢£|¥= ¢£??= ?ǔ???=Iě?a???=
?华商年s`
aó????=
U= U??|2?= U2?dSU= W?SSS= WS??W·S1SS= W1WW=
R= U?·RWS= U·??SU= W?SSS= WSS?U?S1SS= W1WR=
?= U?·R|?= U·??S?= W?SSS= WSS?SSS1SS= W1WR=
=? U??RW|= UW?@SU= |?SSS= |UR?|SS1SS= |1·|=
|= URR?U·= U ???SU= |?SSS= |US?·SS1SS= |1·?=
==
华商信用增强债券 2020型证 3投资基金
证 11
2 14
5.6 56度]^Cef证g债券QZ型证hi-jklmnQZuWvqPQB
o
基华商基金 ?3}?G年s??资£ <==
5.7 56度]^Cef证g债券QZ型证hi-jkltnw券xPQBo
基华商基金 ?3}?G?商?d年 <=
5.8 56度]^Cef证g债券QZ型证hi-jkltnyvPQBo
基华商基金 ?3}?Gò资d年 <=
5.9 56度]8债券PQzp度{EF?@AB
5.9.1 8度zp度{PQ|R
KL基华商强华商MN?P%基华商强d年??3??@¢?ā <=
5.9.2 56度]8债券PQzp度{W}T~Bo
KL基华商强华商MN?P%基华商强d年??3??@¢?ā <=
5.9.3 8度zp度{PQf
KL基华商强华商MN?P%基华商强d年??3??@¢?ā <=
5.10 PQ. 56??
5.10.1 8债券PQlmnvq?L华?8度????#年???@AB
基华商d年强???资£强?D¤?基?}??信????ǚ?%?度基金 ?? X?uT
)}??I??:??<=
5.10.2 债券PQlmn`a??债券 季??`a??@AB
基华商d年强???E?}??华商MNOP强??E??<=
5.10.3 第?QZ??
??= ??= 商′???=
U= 季?投资商= U?RU?1|2=
R= ?á资£???= ?=
?= ?áEw= ?=
=? ?áw?= ?|?RR?1??=
|= ?á???= RRU1?S=
·= (??á?= ?=
W= ???l= ?=
2= (?= ?=
?= M?= ?·?··?1?R=
===
华商信用增强债券 2020型证 3投资基金
证 12
2 14
5.10.4 56度]WX???`度???pqBo
??= ¢£|¥= ¢£??= Iě?a=???=?华商年s`aó????=
U= UR?S?·= ?ō¢= RRR???U1SS= R1?|=
R= UR?S?·= ??ō¢= UR??|·?1?S= U1?W=
?= URWSS|= ?资ō¢= UUW?WUW1·S= U1?S=
=? UR2S?2= ?Dō¢= UU·?UUS1?S= U1R2=
|= UUSS·|= ??ō¢= UU??2?21SS= U1RW=
·= UU?SU?= @?ō¢= ?W?2?·1SS= U1S2=
W= UU?|·R= ??ō¢= ?R??|R12S= U1SR=
2= UUSS??= ??ō¢= ?U??W?1?S= U1SU=
?= UU?SUR= ??ō¢= ?U?SSU1SS= U1SS=
US= UU?SUU= ?"ō¢= 2??·|R1RS= S1?R=
UU= UU?|RU= ??ō¢= WS?S?21·S= S1WW=
UR= UR2SU?= ??ōR= ?2??R?1?S= S1|?=
U?= UUSS·W= ??ō¢= ????2U1·S= S1??=
U=? UR2SUW= 商?ō¢= ?U?2?R1|S= S1?·=
U|= UU?SRS= ??ō¢= ?2?R?W1SS= S1?R=
U·= UR2S?2= ??ō¢= R|?·|21SS= S1R2=
UW= UU?||?= 商?ō¢= R|????1?S= S1R2=
U2= UR2S?S= ??ō¢= R??·UR1?S= S1RW=
U?= UU?S?R= ?RSō¢= U??RU?1?S= S1RU=
RS= UUSS|U= ??ō¢= UW????1SS= S1RS=
RU= UR?SR|= ??ō¢= UW??RR1RS= S1U?=
RR= UR2SR?= ??ō¢= U???U·1SS= S1U|=
R?= UUSS?W= ??ō¢= U???WR12S= S1U|=
R=? UU?|·?= ?oō¢= 2?·?|1?S= S1US=
===
5.10.5 56度]lmn`a????d???@AB
基华商基金 ?3???E??3季度?T?H强?í <=
5.10.6 PQ. 56??第??????U
?Q????强p?%???/?M????ō?季度??<=
%6华<=>型证?@A
???F=
?o= ??kl???= ??kl???=
金 ??ǜ华商F′μ′ = 2?USR?2?U1|2= R???2?S|U1?R=
华商信用增强债券 2020型证 3投资基金
证 13
2 14
金 ???华商μ??F′ = U2|?|WW1?S= R2|?22|1?W=
??金 ???华商μ??F′ = U?R2W?|2W1W2= ??2??·?1W?=
金 ???华商????F′ ?F′?
ǒi???? ī?=
?= ?=
金 ??3华商F′μ′ = W?SSS?22U1US= R?W?|?|W?1U·=
a?μ??F′ě?w?dō??F′?μ??F′ěō??F′<=
%7华型证投资基BCD09证89E型证F-
7.1 债券2*3WX8债券基金'(?@
基金 ?华商信用增}rl?G年商d年基华商 <=
7.2 债券2*39?¢XQ券PQ8债券EFBo
基金 ?)华商信用增}rl?G年商?? ????基华商F′<=
=
%8华GH89IJKLMN&'OP
8.1 56度7£¤PQ¥WX债券基金h|?,?§ 20%?@
基华商基金 ?)}?°?ud年 g?G华商F′ó??? ?xRS?强?í<=
%9华QRSTUV
9.1 ???¨?a
U1?@资?型?-??kl??¢£-资£d年华商B?强???=
R1???kl??¢£-资£d年华商华商MN??=
?1???kl??¢£-资£d年华商>信????=
?1???kl??¢£-资£d年华商???????=
|1华商信用增z]年ù???z???=
·1金 ?)??kl??¢£-资£d年华商度OP??ò??强??I 强p? <=
=
华商信用增强债券 2020型证 3投资基金
证 14
2 14
9.2 ???-
华商信用增华商>信增?<=
9.3 ??ˉ°
华商信用增?I?????????????"?R2???@???U??==
华商>信增????????????"?U??U??=
d年g'基金 ??Gˇ? %ōˉˊ华商信用增??华商信用GHIJ<=
???]???ˋ??SSWSS222S??????%SUS?|2|W??SS=
华商信用增?????????????1??????1?˙?=
?@资?型华商???????=??????????1????1?˙?1???????=
=
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华
商信用增强债券型证投华
资基资基金
基2 资0年华