UTBPX

About UTBPX

UBS Multi Income Bond Fund Class P is a multisector bond mutual fund designed to maximize total return by combining capital appreciation with current income. The fund focuses on diversified fixed-income strategies, investing at least 80% of its net assets in bonds and ensuring that at least 75% are in investment-grade securities as rated by independent agencies. It has a portfolio of approximately 168-180 securities, with its top 10 holdings comprising over half of its assets, primarily allocated among various global and corporate bonds. With a monthly distribution schedule, the fund offers a consistent stream of income, reflected in its notable dividend yield typically ranging from 4.5% to 4.7%. The expense ratio is competitively low for its class, and its risk rating is below average, thanks to diversified holdings and risk-adjusted management. This fund plays a significant role for institutional and high-net-worth investors seeking diversified exposure to multiple sectors within the bond market, aiming to balance income generation with preservation of capital across economic cycles.