UBS High Yield Funds invest in high-yielding corporate bonds issued by borrowers of lower credit quality than is the case with our more traditional funds. UBS High Yield Funds are an attractive addition to the portfolio as they offer above-average earnings potential but at less risk than a direct investment in this market.
The fund invests primarily in high-yield corporate bonds with a focus on shorter duration issues selected using strict criteria.
When selecting issuers, emphasis will be on issuers with a higher quality bias.
Provides investors seeking exposure to High Yield as an asset class with a potentially less volatile risk/return profile compared with a full market High Yield strategy
Clients benefit from the return potential of short duration high yield corporate bonds.
Active portfolio management ensures that particular attention is paid to the prevailing economic situation, sector selection and issuers' credit ratings.
Credit risk managed via experience team drawing on fundamental credit research and though broad diversification of the portfolio.
Depending on the credit quality, the default risk is higher in the case of high yield bonds than with investment grade corporate and government bonds. Changes in interest rates have an effect on the value of the portfolio. This requires corresponding risk tolerance and capacity. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk).
UBS Bond Funds
UBS High Yield Funds
UBS Asset Management
UBS Fund Management (Luxembourg) S.A.
UBS Europe SE, Luxembourg Branch
Day of inception
February 18, 2011
Currency of account
Close of financial year
Issue / redemption
Total expense ratio (TER)
Net asset value
High - last 12 months
Low - last 12 months
Assets of the unit class in mn
Total product assets in mn
Theoretical yield to maturity (net)
Option Adjusted Duration
Average remaining maturity
Performance chart (USD-based, as of December 13, 2017)
Indexed, Month-end values
Past performance is not a reliable indicator of future results.
Performance (in %, as of December 13, 2017)
The performance shown does not take account of any commissions, entry or exit charges.
These figures refer to the past. Past performance is not a reliable indicator of future results.
Peer group (as of November 30, 2017)
Fund (USD, in%)
Ø peer group (in %) 1)
Quartile ranking 2)
||Average performance Lipper Global Classification (LGC)
||Quartile 1,2,3,4; e.g.: 1= fund is part of the best 25% of all funds of the peer group
Peer group information. Peer group category used: LGC Bond USD High Yield, based on mutual funds in the "MSCI Europe Developed Markets Universe" ex institutional and insurance funds, ETF's and Pension Trusts. Source and calculation: Lipper, a Thomson Reuters Company
By Credit rating (in %, as of November 30, 2017)
By investment domicile (in %, as of November 30, 2017)
By the 10 largest positions (in %, as of November 30, 2017)
Sprint Nextel Corp
Ally Financial Inc
Tenet Healthcare Corp
Frontier Communications Corp
APX Group Inc
Numericable Group Sa
Cemex SAB DE CV
By sector (in %, as of November 30, 2017)