USDIX Fees and Costs — UBS Ultra Short Income Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 0.23%: a 0.20% management fee plus 0.24% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 56%.
USDIX Fees and Expenses
Annual operating expenses and sales charges of USDIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 0.44% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.23% |
| 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 | No |
USDIX Costs Over Time
On $10,000 invested in USDIX, assuming 5% a year before costs, total costs come to $146 over 5 years, cutting the return by 0.24% 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 0.23%) | $24 | $76 | $133 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $24 | $80 | $146 |
| Value after costs | $10,476 | $11,497 | $12,617 |
| Impact on return, per year | 0.24% | 0.24% | 0.24% |
USDIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $5.2B
- Portfolio turnover (prospectus): 56%
- Securities on loan, average value: $3.2M
- Net income from securities lending: $4K (0.001% of average net assets)
USDIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $3.5B | 70.14% |
| J.P. Morgan Securities LLC | $838.8M | 16.60% |
| State Street Bank and Trust Company | $205.7M | 4.07% |
| Goldman Sachs & Co. LLC | $201.7M | 3.99% |
| Barclays Capital Inc. | $109.9M | 2.18% |
| RBC Capital Markets, LLC | $56.5M | 1.12% |
| Academy Securities, Inc. | $39.9M | 0.79% |
| Citigroup Global Markets Inc. | $25.0M | 0.49% |
| BNY Capital Markets, LLC | $16.2M | 0.32% |
| Wells Fargo Securities, LLC | $15.0M | 0.30% |
UBS Ultra Short Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| USDIX | Class I | 0.23% | none |
| USIPX | Class P | 0.25% | none |
| USIAX | 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.