At the same time, for equity funds, most of their investment targets are stocks, and the stock market is closed for trading on holidays, so there is no income on holidays.
Money funds, which mainly invest in some deposits and bonds, earn interest every day, so they have income every holiday. At the same time, the monetary fund calculates the income of the day every day and makes distribution and payment. In the event of a statutory holiday, the income during the holiday will be disclosed on the second natural day after the holiday, which leads investors to find that the income on the first day after the holiday is particularly high.
The income of bond funds mainly comes from the change of net value and bond interest, in which bond interest is calculated according to 360 days, so bond funds have income on holidays, and the income on holidays is generally reflected in the net value of fund shares.