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Morningstar

UBS Ultra Short Income P USIPX

Morningstar Medalist Rating
Medalist Rating as of | See UBS Investment Hub
  • NAV / 1-Day Return 9.83  /  +0.01 %
  • Total Assets 385.4 Mil
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.250%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.25%
  • Effective Duration 0.36 years

USD | NAV as of Jul 02, 2024 | 1-Day Return as of Jul 02, 2024, 11:53 PM GMT+0

Morningstar’s Analysis USIPX

Will USIPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable USIPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the USIPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of USIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

UBS Ultra Short Income P's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings USIPX

More USIPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

GENERAL MTRS FINL CO INC 5.43%

3.83 15.0 Mil
Cash and Equivalents

Edison International 5.5%

3.83 15.0 Mil
Cash and Equivalents

Toyota Motor Credit Corp. 5.63539%

2.81 11.0 Mil
Corporate

JPMorgan Chase & Co. 6.23883%

2.57 10.0 Mil
Corporate

Royal Bank of Canada 5.67393%

2.56 10.0 Mil
Corporate

Metropolitan Life Global Funding I 5.64095%

2.56 10.0 Mil
Corporate

Westpac Banking Corp. 5.618%

2.56 10.0 Mil
Corporate

Natwest Markets PLC 5.84948%

1.94 7.6 Mil
Cash and Equivalents

Canadian Imperial Bank of Commerce 5.7489%

1.92 7.5 Mil
Corporate

The Toronto-Dominion Bank 5.69672%

1.92 7.5 Mil
Corporate