Morningstar

UBS Ultra Short Income Fund Class A USIAX

Morningstar Medalist Rating
Medalist Rating as of | See UBS Investment Hub
  • NAV / 1-Day Return 9.83  /  0.00
  • Total Assets 300.4M
  • Adj. Expense Ratio
    0.350%
  • Expense Ratio 0.350%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.95%
  • Effective Duration 0.36 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis USIAX

Will USIAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable USIAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the USIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of USIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

UBS Ultra Short Income A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings USIAX

More USIAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

General Motors Financial Company Inc 3.78%

4.02 12M
Cash and Equivalents

Gmf Floorplan Owner Revolving Trust 4.92%

1.80 5M
Securitized

DZ Bank AG Deutsche Zentral-Genossenschaftsbank 3.61%

1.41 4M
Cash and Equivalents

Gm Financial Revolving Receivables Trust 2021-1 1.17%

1.34 4M
Securitized

Ford Credit Auto Owner Trust 2014-A 1.91%

1.08 3M
Securitized

STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-B 4.47%

1.07 3M
Securitized

GM Financial Consumer Automobile Receivables Trust 2019-3 5.03%

1.03 3M
Securitized

BPCE SA 5.203%

1.01 3M
Corporate

Nordea Bank ABP 4.37897%

1.01 3M
Corporate

National Australia Bank Ltd. 4.26107%

1.01 3M
Corporate

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