UTBTX Fees and Costs — UBS Multi Income Bond Fund, Class P2
Data updated: 2026-09-11
The net expense ratio is 0.20%: a 0.50% management fee plus 1.62% other expenses, less a 1.92% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $9K in broker commissions, 0.0108% of average net assets, and portfolio turnover was 169%.
UTBTX Fees and Expenses
Annual operating expenses and sales charges of UTBTX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.62% |
| Gross expense ratio | 2.12% |
| Fee waiver | −1.92% |
| Net expense ratio | 0.20% |
| 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 |
UTBTX Costs Over Time
On $10,000 invested in UTBTX, assuming 5% a year before costs, total costs come to $134 over 5 years, cutting the return by 0.22% 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 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $22 | $73 | $134 |
| Value after costs | $10,478 | $11,503 | $12,629 |
| Impact on return, per year | 0.22% | 0.22% | 0.22% |
UTBTX 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): 0.0108%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 169%
- Securities on loan, average value: $3.3M
- Net income from securities lending: $32K (0.038% of average net assets)
UTBTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $9K | 100.00% |
UTBTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $478.2M | 46.01% |
| Morgan Stanley & Co. LLC | $180.6M | 17.38% |
| BofA Securities, Inc. | $174.6M | 16.80% |
| State Street Bank and Trust Company | $111.9M | 10.77% |
| Barclays Capital Inc. | $45.6M | 4.39% |
| Jane Street Execution Services, LLC | $14.9M | 1.44% |
| Goldman Sachs & Co. LLC | $12.2M | 1.17% |
| J.P. Morgan Securities LLC | $11.3M | 1.09% |
| Wells Fargo Securities, LLC | $5.1M | 0.49% |
| Jefferies LLC | $4.8M | 0.47% |
UBS Multi Income 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 |
|---|---|---|---|
| UTBTX | Class P2 | 0.20% | none |
| UTBPX | Class P | 0.65% | none |
| UTBAX | Class A | 0.90% | 3.75% |
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.