UDBPX Fees and Costs — UBS Sustainable Development Bank Bond Fund, Class P
Data updated: 2026-09-11
The net expense ratio is 0.25%: a 0.15% management fee plus 0.67% other expenses, less a 0.57% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 49%.
UDBPX Fees and Expenses
Annual operating expenses and sales charges of UDBPX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.67% |
| Gross expense ratio | 0.82% |
| Fee waiver | −0.57% |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
UDBPX Costs Over Time
On $10,000 invested in UDBPX, assuming 5% a year before costs, total costs come to $159 over 5 years, cutting the return by 0.26% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $26 | $87 | $159 |
| Value after costs | $10,474 | $11,490 | $12,604 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
UDBPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $97.1M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $372K
- Net income from securities lending: $1K (0.001% of average net assets)
UDBPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $32.6M | 39.87% |
| CIBC World Markets Corp. | $10.2M | 12.43% |
| Deutsche Bank Securities Inc. | $7.0M | 8.62% |
| HSBC Securities (USA) Inc. | $6.6M | 8.05% |
| J.P. Morgan Securities LLC | $5.9M | 7.20% |
| National Bank of Canada Financial Inc. | $5.8M | 7.15% |
| Citigroup Global Markets Inc. | $5.1M | 6.29% |
| BNP Paribas Securities Corp. | $3.6M | 4.42% |
| Nomura Securities International, Inc. | $2.6M | 3.14% |
| Wells Fargo Securities, LLC | $2.3M | 2.81% |
UBS Sustainable Development Bank Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| UDBTX | Class P2 | 0.15% | none |
| UDBPX | Class P | 0.25% | none |
| UDBAX | Class A | 0.35% | none |
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.