USIAX: UBS Ultra Short Income Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.99

-

-

0.35%

Vitals

YTD Return

-0.1%

1 yr return

0.5%

3 Yr Avg Return

1.6%

5 Yr Avg Return

N/A

Net Assets

$3.14 B

Holdings in Top 10

13.1%

52 WEEK LOW AND HIGH

$9.99
$9.99
$10.00

Expenses

OPERATING FEES

Expense Ratio 0.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 53.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Ultrashort Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.99

-

-

0.35%

USIAX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    UBS Ultra Short Income Fund
  • Fund Family Name
    UBS Asset Management
  • Inception Date
    May 29, 2018
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Sabatino

Fund Description

Under normal circumstances, the fund invests in fixed income securities and money market instruments. It will, under normal circumstances, invest more than 25% of its total assets in the financial services group of industries. The fund may invest in money market funds. It may invest in securities of any maturity, but will generally limit its weighted average portfolio duration to one year or less.


USIAX - Performance

Return Ranking - Trailing

Period USIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -1.6% 1.3% 52.92%
1 Yr 0.5% -0.9% 10.4% 47.50%
3 Yr 1.6%* -0.3% 3.3% 60.09%
5 Yr N/A* 0.5% 4.4% N/A
10 Yr N/A* 0.0% 3.5% N/A

* Annualized

Return Ranking - Calendar

Period USIAX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.1% -3.1% 1.8% 71.43%
2019 0.4% -1.2% 6.1% 54.63%
2018 N/A -9.4% 0.4% N/A
2017 N/A -2.0% 100.0% N/A
2016 N/A -1.4% 900.0% N/A

Total Return Ranking - Trailing

Period USIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -1.6% 1.5% 52.92%
1 Yr 0.5% -5.0% 10.4% 44.17%
3 Yr 1.6%* -0.3% 3.3% 57.46%
5 Yr N/A* 0.4% 4.4% N/A
10 Yr N/A* 0.0% 3.5% N/A

* Annualized

Total Return Ranking - Calendar

Period USIAX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.1% -3.1% 1.8% 71.43%
2019 0.4% -1.2% 6.1% 55.09%
2018 N/A -51.1% 2.0% N/A
2017 N/A -2.0% 6.1% N/A
2016 N/A -1.4% 900.0% N/A

NAV & Total Return History


USIAX - Holdings

Concentration Analysis

USIAX Category Low Category High USIAX % Rank
Net Assets 3.14 B 24.6 K 21 B 40.08%
Number of Holdings 278 1 3082 57.49%
Net Assets in Top 10 411 M -120 M 10.2 B 35.22%
Weighting of Top 10 13.08% 0.1% 100.0% 64.75%

Top 10 Holdings

  1. BPCE SA 3% 1.72%
  2. Goldman Sachs Group, Inc. 5.75% 1.64%
  3. AbbVie Inc. 3.45% 1.59%
  4. JPMorgan Chase & Co. 4.35% 1.46%
  5. NISSAN AUTO LEASE TRUST 2.78% 1.37%
  6. Wells Fargo & Company 2.1% 1.35%
  7. FORD CREDIT AUTO LEASE TRUST 3.25% 1.22%
  8. Credit Agricole S.A. London Branch 3.38% 1.17%
  9. Ford Credit Floorplan Master Owner Trust A 2.42% 1.14%
  10. Credit Suisse Group Funding (Guernsey) Limited 3.45% 1.05%

Asset Allocation

Weighting Return Low Return High USIAX % Rank
Bonds
57.15% 0.00% 100.28% 80.16%
Cash
40.76% -3.94% 100.00% 17.00%
Convertible Bonds
2.09% 0.00% 14.76% 46.96%
Stocks
0.00% 0.00% 17.00% 71.26%
Preferred Stocks
0.00% 0.00% 0.00% 65.18%
Other
0.00% -10.49% 14.34% 69.64%

Bond Sector Breakdown

Weighting Return Low Return High USIAX % Rank
Cash & Equivalents
39.00% 0.00% 100.00% 17.41%
Corporate
33.04% 0.00% 99.56% 55.87%
Securitized
27.96% 0.00% 96.89% 43.72%
Derivative
0.00% 0.00% 24.63% 69.23%
Municipal
0.00% 0.00% 67.39% 82.19%
Government
0.00% 0.00% 100.00% 89.07%

Bond Geographic Breakdown

Weighting Return Low Return High USIAX % Rank
US
43.37% 0.00% 100.00% 74.09%
Non US
13.78% 0.00% 78.37% 46.56%

USIAX - Expenses

Operational Fees

USIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.03% 1.60% 57.79%
Management Fee 0.20% 0.00% 1.19% 21.86%
12b-1 Fee 0.10% 0.00% 1.00% 34.41%
Administrative Fee 0.10% 0.01% 0.40% 47.42%

Sales Fees

USIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 3.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

USIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

USIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.00% 0.00% 326.00% 36.52%

USIAX - Distributions

Dividend Yield Analysis

USIAX Category Low Category High USIAX % Rank
Dividend Yield 0.00% 0.00% 0.33% 68.02%

Dividend Distribution Analysis

USIAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

USIAX Category Low Category High USIAX % Rank
Net Income Ratio 2.01% -0.20% 2.83% 7.92%

Capital Gain Distribution Analysis

USIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Annually

Dividend Payout History

View More +

USIAX - Fund Manager Analysis

Managers

Robert Sabatino


Start Date

Tenure

Tenure Rank

May 29, 2018

3.01

3.0%

Mr. Sabatino is a managing director of UBS Asset Management (Americas) Inc. (since 2010) (prior to which he was an executive director (from 2007 to 2010)).

David Rothweiler


Start Date

Tenure

Tenure Rank

May 29, 2018

3.01

3.0%

Mr. Rothweiler is an executive director (since 2018) and senior portfolio manager of US ultra short, short duration, and intermediate portfolios (since 2004) for UBS AM.

David Walczak


Start Date

Tenure

Tenure Rank

May 29, 2018

3.01

3.0%

Mr. Walczak is a Vice President of UBS Series Funds and an executive director (since 2016), head of US money markets (since 2015) and portfolio manager of UBS AM—Liquidity Management team (since 2007).

Scott Dolan


Start Date

Tenure

Tenure Rank

Jun 01, 2020

1.0

1.0%

Scott E. Dolan is Head of US Multi-Sector Fixed Income and a Managing Director at UBS Asset Management. Prior to joining UBS Asset Management in 2008, Mr. Dolan was a managing director and head of securitized assets for Citigroup Alternative Investments. Prior to joining Citigroup, Mr. Dolan was a managing director and head of mortgages and structured assets for Bear Stearns Asset Management and a senior mortgage trader at the Clinton Group. Mr. Dolan also worked at Deutsche Asset Management as a managing director and co-head of the Rates Group responsible for strategy, security selection and trading for MBS, ABS, agencies and treasuries. Mr. Dolan started his career at Scudder, Stevens and Clark, where he managed total return fixed income mutual funds and institutional portfolios.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 31.69 5.84 3.42