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ISIN
US9045048421
CUSIP
904504842
Issuer
BlackRock
Inception Date
Dec 28, 1998
Min. Investment
$3,000,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Value

Share Price Chart


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Performance

UBVLX Performance Chart

Undiscovered Managers Behavioral Value Fund (UBVLX) is up 8.8% since the beginning of the year. UBVLX is currently trading at $85 per share. Investors who bought $1,000 worth of UBVLX shares 5 years ago would now be looking at an investment worth $1,546.


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S&P 500 Index

Returns By Period

Undiscovered Managers Behavioral Value Fund (UBVLX) has returned 8.75% so far this year and 16.80% over the past 12 months. Over the last ten years, UBVLX has returned 10.24% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Undiscovered Managers Behavioral Value Fund

1D
0.78%
1M
1.45%
YTD
8.75%
6M
7.58%
1Y
16.80%
3Y*
12.33%
5Y*
9.11%
10Y*
10.24%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

UBVLX Monthly Returns History

Based on dividend-adjusted daily data since Dec 28, 1998, UBVLX's average daily return is +0.06%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +24.0%, while the worst month was Mar 2020 at -28.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, UBVLX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +12.9%, while the worst single day was Mar 16, 2020 at -15.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.55%4.18%-5.51%3.93%0.61%1.06%8.75%
20252.98%-3.37%-3.37%-6.15%4.90%2.85%1.49%5.96%-2.09%-3.51%1.63%1.25%1.79%
2024-2.13%2.50%6.04%-4.88%3.71%-3.02%10.51%-0.78%-0.84%-1.13%8.94%-5.07%13.11%
20238.53%-2.19%-5.32%-1.76%-5.38%7.37%9.55%-4.64%-5.29%-4.70%9.83%10.42%14.69%
2022-0.20%4.32%-0.56%-4.81%3.74%-9.94%7.80%-2.77%-9.96%13.52%4.23%-3.85%-1.16%
20212.19%13.07%6.17%3.31%3.20%-2.32%-2.23%3.34%-2.98%3.99%-2.27%5.47%34.25%

Benchmark Metrics

Undiscovered Managers Behavioral Value Fund has an annualized alpha of 5.22%, beta of 1.05, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since December 28, 1998.

  • This fund captured 126.46% of S&P 500 Index gains and 103.15% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 5.22% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 1.05 and R2 of 0.68, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
5.22%
Beta
1.05
0.68
Upside Capture
126.46%
Downside Capture
103.15%

Expense Ratio

UBVLX has an expense ratio of 0.90%, placing it in the medium range.


Return for Risk

Risk / Return Rank

UBVLX ranks 18 for risk / return — in the bottom 18% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


UBVLX Risk / Return Rank: 1818
Overall Rank
UBVLX Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
UBVLX Sortino Ratio Rank: 1717
Sortino Ratio Rank
UBVLX Omega Ratio Rank: 1414
Omega Ratio Rank
UBVLX Calmar Ratio Rank: 2323
Calmar Ratio Rank
UBVLX Martin Ratio Rank: 1919
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Undiscovered Managers Behavioral Value Fund (UBVLX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


UBVLXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.02

Sortino ratioReturn per unit of downside risk

-1.13

Omega ratioGain probability vs. loss probability

1.19

1.37

-0.18

Calmar ratioReturn relative to maximum drawdown

1.64

2.78

-1.15

Martin ratioReturn relative to average drawdown

4.55

12.44

-7.89

Dividends

Dividend History

Undiscovered Managers Behavioral Value Fund provided a 8.65% dividend yield over the last twelve months, with an annual payout of $7.37 per share.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%$0.00$2.00$4.00$6.00$8.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$7.37$7.37$6.22$6.66$6.78$2.87$0.63$3.13$6.21$3.26$2.09$2.09

Dividend yield

8.65%9.41%7.39%8.35%8.96%3.44%0.99%4.98%11.62%4.67%3.24%3.80%

Monthly Dividends

The table displays the monthly dividend distributions for Undiscovered Managers Behavioral Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$7.37$7.37
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.22$6.22
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.66$6.66
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.78$6.78
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.87$2.87

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Undiscovered Managers Behavioral Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Undiscovered Managers Behavioral Value Fund was 67.24%, occurring on Mar 9, 2009. Recovery took 489 trading sessions.

The current Undiscovered Managers Behavioral Value Fund drawdown is 1.49%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-67.24%Mar 2009
1y 9mo1y 11mo
3y 8moJun 2007 - Feb 2011
COVID crash2020
-52.08%Mar 2020
1y 6mo9mo 18d
2y 4moAug 2018 - Jan 2021
Dot-com crash2000–2002
-39.46%Oct 2002
5mo 25d9mo 3d
1y 2moApr 2002 - Jul 2003
2011 bear market2011
-31.81%Oct 2011
5mo 29d4mo 1d
10moApr 2011 - Feb 2012
Dot-com crash2000–2002
-24.13%Sep 2001
3mo 17d5mo 22d
9mo 9dJun 2001 - Mar 2002

Drawdown Indicators


UBVLXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-67.24%

-56.78%

-10.46%

Max Drawdown (1Y)

Largest decline over 1 year

-10.32%

-9.10%

-1.22%

Max Drawdown (3Y)

Largest decline over 3 years

-21.46%

-18.90%

-2.56%

Max Drawdown (5Y)

Largest decline over 5 years

-21.46%

-25.43%

+3.97%

Max Drawdown (10Y)

Largest decline over 10 years

-52.08%

-33.92%

-18.16%

Current Drawdown

Current decline from peak

-1.49%

-1.80%

+0.31%

Average Drawdown

Average peak-to-trough decline

-9.26%

-10.71%

+1.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.71%

2.03%

+1.68%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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