Ibercaja High Yield A FI

Ibercaja High Yield FI is an international fixed income fund that primarily invests in lower-rated bonds from companies in the Eurozone and the United States, as well as some emerging markets. The fund’s portfolio includes a mix of public and private fixed income securities, with more than half of its holdings having credit ratings below BBB-. It aims to achieve higher returns by leveraging the yield differences offered by these lower-rated bonds, maintains a portfolio duration of under five years, and manages its currency exposure between no exposure and up to 75%.