UBS Sustainable Development Bank Bond P (UDBPX)
| Fund Assets | 77.68M |
| Expense Ratio | 0.25% |
| Min. Investment | $2,000,000 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.17% |
| Dividend Growth | 28.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 21, 2025 |
| Previous Close | 9.70 |
| YTD Return | 5.45% |
| 1-Year Return | 2.08% |
| 5-Year Return | -2.45% |
| 52-Week Low | 9.26 |
| 52-Week High | 9.75 |
| Beta (5Y) | n/a |
| Holdings | 75 |
| Inception Date | Oct 24, 2018 |
About UDBPX
UBS Sustainable Development Bank Bond Fund Class P is a mutual fund focused on investment-grade bonds issued by multilateral development banks, such as the Inter-American Development Bank and the International Bank for Reconstruction & Development. The fund’s primary objective is to closely track the performance of the Solactive Global Multilateral Development Bank Bond USD Index, which represents the US dollar-denominated bond market of global development institutions. Notably, these bonds are used to fund essential projects that support sustainable economic and social development worldwide, aligning the fund with broad sustainability objectives. By emphasizing high credit quality and maintaining moderate interest rate sensitivity, the fund provides diversified exposure to government-supported issuers, offering relatively stable returns and low default risk. With a competitive expense ratio and a minimum investment aimed at institutional investors, it delivers cost efficiency for those seeking targeted access to the sustainable fixed income segment. The fund plays a distinct role in fixed income markets by enabling investors to align their portfolios with global priorities such as poverty reduction, infrastructure, and environmental progress, all facilitated by well-established supranational issuers.
Performance
UDBPX had a total return of 2.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.91%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| UDBTX | Class P2 | 0.15% |
| UDBAX | Class A | 0.35% |
Top 10 Holdings
32.42% of assets| Name | Symbol | Weight |
|---|---|---|
| INTER-AMERICAN DEVEL BK - Inter-American Development Bank | IADB.1.125 01.13.31 GMTN | 6.50% |
| INTL BK RECON & DEVELOP - International Bank for Reconstruction & Development | IBRD.4.625 01.15.32 GMTN | 4.44% |
| INTL BK RECON & DEVELOP - International Bank for Reconstruction & Development | IBRD.1.25 02.10.31 | 3.55% |
| INTER-AMERICAN DEVEL BK - Inter-American Development Bank | IADB.4.5 02.15.30 | 3.07% |
| KFW - Kreditanstalt fuer Wiederaufbau | KFW.4.625 03.18.30 | 2.56% |
| INTER-AMERICAN DEVEL BK - Inter-American Development Bank | IADB.3.5 04.12.33 GMTN | 2.55% |
| EUROPEAN BK RECON & DEV - European Bank for Reconstruction & Development | n/a | 2.47% |
| INTL BK RECON & DEVELOP - International Bank for Reconstruction & Development | IBRD.3.875 08.28.34 | 2.46% |
| INTL BK RECON & DEVELOP - International Bank for Reconstruction & Development | IBRD.0.75 08.26.30 | 2.45% |
| INTL BK RECON & DEVELOP - International Bank for Reconstruction & Development | IBRD.2.5 03.29.32 | 2.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 21, 2025 | $0.0277 | Aug 21, 2025 |
| Jul 23, 2025 | $0.0266 | Jul 23, 2025 |
| Jun 24, 2025 | $0.0281 | Jun 24, 2025 |
| May 22, 2025 | $0.0264 | May 22, 2025 |
| Apr 22, 2025 | $0.0257 | Apr 22, 2025 |
| Mar 20, 2025 | $0.0246 | Mar 20, 2025 |