UBS Sustainable Development Bank Bond Fund Class P (UDBPX)
| Fund Assets | 80.46M |
| Expense Ratio | 0.25% |
| Min. Investment | $2,000,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.46% |
| Dividend Growth | 20.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 19, 2026 |
| Previous Close | 9.62 |
| YTD Return | -0.24% |
| 1-Year Return | 4.11% |
| 5-Year Return | 2.07% |
| 52-Week Low | 9.46 |
| 52-Week High | 9.78 |
| Beta (5Y) | n/a |
| Holdings | 77 |
| 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 4.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.94%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 19, 2026 | $0.0314 | Mar 19, 2026 |
| Feb 19, 2026 | $0.0274 | Feb 19, 2026 |
| Jan 22, 2026 | $0.0283 | Jan 22, 2026 |
| Dec 19, 2025 | $0.0286 | Dec 19, 2025 |
| Nov 20, 2025 | $0.029 | Nov 20, 2025 |
| Oct 23, 2025 | $0.0296 | Oct 23, 2025 |