UBS Sustainable Development Bank Bond Fund (UDBPX)
Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in bonds and/or instruments that provide exposure to bonds issued by development banks. It invests in multilateral development bank bonds but may also invest in regional or national development bank obligations. The fund's investment in obligations issued by the International Bank for Reconstruction and Development and the Inter-American Development Bank may be significant, but the fund normally will not invest more than 25% of its net assets in either issuer. It is non-diversified.
Fund Info
| ISIN | US90267D6702 |
|---|---|
| Issuer | UBS Asset Management |
| Inception Date | Oct 23, 2018 |
| Category | Global Bonds |
| Min. Investment | $2,000,000 |
| Asset Class | Bond |
Expense Ratio
UDBPX has a high expense ratio of 0.25%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in UBS Sustainable Development Bank Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
UBS Sustainable Development Bank Bond Fund had a return of -0.63% year-to-date (YTD) and 0.40% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.63% | 11.29% |
| 1 month | 1.64% | 4.87% |
| 6 months | 3.18% | 17.88% |
| 1 year | 0.40% | 29.16% |
| 5 years (annualized) | 0.08% | 13.20% |
| 10 years (annualized) | N/A | 10.97% |
Monthly Returns
The table below presents the monthly returns of UDBPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.21% | -1.37% | 0.54% | -1.82% | -0.63% | ||||||||
| 2023 | 2.20% | -2.29% | 2.98% | 0.69% | -0.88% | -1.21% | 0.07% | -0.12% | -1.54% | -0.89% | 3.00% | 2.60% | 4.52% |
| 2022 | -1.55% | -0.59% | -3.05% | -2.33% | 0.62% | -0.82% | 1.67% | -2.55% | -3.04% | -0.74% | 2.11% | -0.49% | -10.41% |
| 2021 | -0.48% | -1.49% | -1.17% | 0.65% | 0.36% | 0.36% | 1.21% | -0.21% | -0.96% | -0.68% | 0.46% | -0.46% | -2.43% |
| 2020 | 2.04% | 1.93% | 1.43% | 0.62% | 0.30% | 0.22% | 0.65% | -0.33% | 0.02% | -0.62% | 0.28% | 0.08% | 6.80% |
| 2019 | 0.90% | -0.08% | 1.71% | -0.07% | 1.96% | 0.97% | 0.01% | 2.37% | -0.68% | 0.17% | -0.29% | -0.32% | 6.80% |
| 2018 | -0.20% | 0.88% | 1.45% | 2.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UDBPX is 3, indicating that it is in the bottom 3% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
UDBPX (UBS Sustainable Development Bank Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for UBS Sustainable Development Bank Bond Fund (UDBPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
UBS Sustainable Development Bank Bond Fund granted a 2.41% dividend yield in the last twelve months. The annual payout for that period amounted to $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.20 | $0.13 | $0.11 | $0.45 | $0.28 | $0.05 |
Dividend yield | 2.41% | 2.13% | 1.46% | 1.03% | 4.11% | 2.69% | 0.52% |
Monthly Dividends
The table displays the monthly dividend distributions for UBS Sustainable Development Bank Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.08 | |||||||
| 2023 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.13 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.11 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.29 | $0.45 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.28 |
| 2018 | $0.03 | $0.03 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the UBS Sustainable Development Bank Bond 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 UBS Sustainable Development Bank Bond Fund was 15.45%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current UBS Sustainable Development Bank Bond Fund drawdown is 9.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.45% | Aug 5, 2020 | 558 | Oct 20, 2022 | — | — | — |
| -2.5% | Mar 10, 2020 | 7 | Mar 18, 2020 | 31 | May 1, 2020 | 38 |
| -1.94% | Sep 5, 2019 | 7 | Sep 13, 2019 | 92 | Jan 27, 2020 | 99 |
| -1.07% | Jan 4, 2019 | 11 | Jan 18, 2019 | 25 | Feb 26, 2019 | 36 |
| -0.96% | Mar 28, 2019 | 14 | Apr 16, 2019 | 16 | May 9, 2019 | 30 |
Volatility
Volatility Chart
The current UBS Sustainable Development Bank Bond Fund volatility is 1.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.