Caixabank Bonos Flotantes 2025 Plus FI

Caixabank Bonos Flotantes 2025 FI is a euro-focused fixed income fund that invests entirely in public and private bonds from mainly OECD countries, with up to 25% from emerging markets. Over half of its portfolio consists of floating-rate bonds linked to interest rate indices like Euribor, while the remaining investments are primarily fixed-rate bonds converted to variable rates using swaps. The fund targets short-term maturities, mainly within a year of December 2022, and maintains a medium credit quality by holding mostly bonds rated BBB- or higher to ensure liquidity.