Ibercaja Objetivo 2028 B FI

Ibercaja Objetivo 2028 FI is a fixed income fund that primarily invests in Italian government bonds set to mature around September 2028, with at least 70% of its portfolio dedicated to debt issued or guaranteed by Italy. The remaining investments include public and private fixed income securities from OECD countries. The fund focuses on bonds maturing within seven months before or after September 2028 and maintains an average duration below nine years, which decreases as the target date approaches. While most of the holdings are high-quality with ratings of BBB- or higher, up to 30% of the portfolio may include lower-rated debt. The strategy is to hold all assets until their maturity to meet the fund’s 2028 objective.