About UTBAX
UBS Multi Income Bond Fund Class A is a multisector bond mutual fund designed to maximize total return through a combination of capital appreciation and current income. This fund primarily invests in public fixed income markets, with a portfolio that spans several sectors including corporate bonds, non-U.S. government agency obligations, asset-backed securities, mortgage-backed securities, and U.S. Treasury obligations. With corporate bonds making up the largest portion of its assets, the fund maintains a diversified approach to manage credit and interest rate exposure. Over the most recent reporting period, the fund used derivatives such as credit default swaps, total return swaps, and interest rate futures to actively manage risk and pursue returns. The fund has an annual expense ratio of 0.97%, which is competitive relative to its category. UBS Multi Income Bond Fund Class A plays a role in providing diversified fixed income exposure to investors seeking both income and potential capital gains across a range of bond sectors and credit qualities.
Fund Family UBS Asset Management
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol UTBAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
UTBAX had a total return of -1.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.51%.
