UBVSX Performance — Undiscovered Managers Behavioral Value Fund, Class I
Data updated: 2026-09-11
UBVSX returned +12.27% year to date and +17.23% over one year to Jun 2026. Annualised returns are +12.75% over 3 years and +8.31% over 5 years. The fund trailed its US Small Value category average: $100 invested three years ago grew to $143, against $153 for the category, and to $117 over one year, against $131. Volatility over the past three years was 17.78% a year. In the 12 months to Jun 2026 the fund lost a net $1.2B, and assets reached $9.02B.
UBVSX Growth of $100
What $100 invested in Undiscovered Managers Behavioral Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | UBVSX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $131 |
| 3 years (Jul 2023 – Jun 2026) | $143 | $153 |
| 5 years (Jul 2021 – Jun 2026) | $149 | $149 |
| Since data start (Jul 2019 – Jun 2026) | $208 | $213 |
UBVSX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.27% |
| 1 year | +17.23% |
| 3 years (annualised) | +12.75% |
| 5 years (annualised) | +8.31% |
UBVSX Annual Returns
Calendar-year total returns of Undiscovered Managers Behavioral Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +12.27% |
| 2025 | +1.64% |
| 2024 | +10.15% |
| 2023 | +14.34% |
| 2022 | −1.28% |
| 2021 | +34.15% |
| 2020 | +3.37% |
| 2019 (Jul–Dec) | +5.74% |
UBVSX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.5% | +4.2% | −5.5% | +3.9% | +0.6% | +4.4% | — | — | — | — | — | — |
| 2025 | +3.0% | −3.4% | −3.4% | −6.2% | +4.9% | +2.8% | +1.5% | +5.9% | −2.1% | −3.5% | +1.6% | +1.2% |
| 2024 | −2.1% | +2.5% | +6.0% | −4.9% | +3.7% | −3.0% | +10.5% | −0.8% | −0.9% | −1.1% | +8.9% | −7.5% |
| 2023 | +8.5% | −2.2% | −5.3% | −1.8% | −5.4% | +7.4% | +9.6% | −4.7% | −5.3% | −4.7% | +9.8% | +10.2% |
| 2022 | −0.2% | +4.3% | −0.6% | −4.8% | +3.7% | −10.0% | +7.8% | −2.8% | −10.0% | +13.5% | +4.2% | −3.9% |
| 2021 | +2.2% | +13.1% | +6.2% | +3.3% | +3.2% | −2.3% | −2.2% | +3.3% | −3.0% | +4.0% | −2.3% | +5.5% |
| 2020 | −5.9% | −12.1% | −28.5% | +14.3% | +1.2% | +4.6% | +2.0% | +4.0% | −4.9% | +8.1% | +22.5% | +8.1% |
| 2019 | — | — | — | — | — | — | +0.6% | −7.8% | +6.3% | −0.2% | +4.0% | +3.4% |
UBVSX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.78%
- 3-year Sharpe ratio: 0.46 (vs 4.5% risk-free rate)
- Best month: +10.50% (Jul 2024)
- Worst month: −7.49% (Dec 2024)
UBVSX Fund Flows
Monthly money in and out of Undiscovered Managers Behavioral Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.2B
- 12-month gross sales (incl. reinvestments): $2.5B
- Sales ÷ redemptions: 0.68×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $72.2M | $408.8M | −$336.6M |
| May 2026 | $193.7M | $250.2M | −$56.6M |
| Apr 2026 | $217.5M | $215.9M | $1.6M |
| Mar 2026 | $209.2M | $207.1M | $2.1M |
| Feb 2026 | $96.7M | $244.1M | −$147.4M |
| Jan 2026 | $219.3M | $559.6M | −$340.3M |
| Dec 2025 | $837.9M | $612.9M | $225.0M |
| Nov 2025 | $110.2M | $324.6M | −$214.3M |
| Oct 2025 | $139.3M | $260.8M | −$121.4M |
| Sep 2025 | $162.3M | $206.7M | −$44.4M |
| Aug 2025 | $103.4M | $164.7M | −$61.4M |
| Jul 2025 | $162.9M | $258.7M | −$95.8M |
UBVSX Assets Under Management
Net assets of Undiscovered Managers Behavioral Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $9.02B |
| 2026-03-31 | $8.64B |
| 2025-12-31 | $8.85B |
| 2025-09-30 | $9.85B |
| 2025-06-30 | $9.55B |
| 2025-03-31 | $9.73B |
| 2024-12-31 | $10.20B |
| 2024-09-30 | $10.13B |
| 2024-06-30 | $9.06B |
| 2024-03-31 | $9.08B |
| 2023-12-31 | $8.10B |
| 2023-09-30 | $7.30B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.