UBS Government Money Market Investments Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.8%
1 yr return
3.0%
3 Yr Avg Return
1.8%
5 Yr Avg Return
1.3%
Net Assets
$809 M
Holdings in Top 10
56.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.31%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 212.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
$10,000
Fund Classification
Fund Type
Money Market Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PCEXX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 1.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.01%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameUBS Government Money Market Investments Fund
-
Fund Family NameUBSASSETMT
-
Inception DateAug 24, 1995
-
Shares OutstandingN/A
-
Share ClassP
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
Principal investments
The fund is a money market mutual fund and seeks to maintain a stable price of $1.00 per share. To do this, the fund invests in a diversified portfolio of high quality, US government money market instruments and in related repurchase agreements.
Money market instruments generally are short-term debt obligations and similar securities. They also may include long-term bonds that have variable interest rates or other special features that give them the financial characteristics of short-term debt. The fund has adopted a policy to invest 99.5% or more of its total assets in cash, government securities, and/or repurchase agreements that are collateralized fully (i.e., collateralized by cash and/or government securities) in order to qualify as a "government money market fund" under federal regulations. Many US government money market instruments pay income that is generally exempt from state
and local income tax, although they may be subject to corporate franchise tax in some states. In addition, under normal circumstances, the fund invests at least 80% of its net assets in US government securities, including government securities subject to repurchase agreements.
The fund may invest a significant percentage of its assets in repurchase agreements. Repurchase agreements are transactions in which the fund purchases government securities and simultaneously commits to resell them to the same counterparty at a future time and at a price reflecting a market rate of interest. Income from repurchase agreements may not be exempt from state and local income taxation. Repurchase agreements often offer a higher yield than investments directly in government securities. In deciding whether an investment in a repurchase agreement is more attractive than a direct investment in government securities, the fund considers the possible loss of this tax advantage.
Management process
UBS Asset Management (Americas) Inc. ("UBS AM"), the fund's manager and investment advisor, selects money market instruments for the fund based on its assessment of relative values and changes in market and economic conditions. UBS AM considers safety of principal and liquidity in selecting securities for the fund and thus may not buy securities that pay the highest yield.
PCEXX - Performance
Return Ranking - Trailing
Period | PCEXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | 0.0% | 1.8% | 97.30% |
1 Yr | 3.0% | 0.0% | 1444.3% | 97.26% |
3 Yr | 1.8%* | 0.0% | 2.8% | 97.71% |
5 Yr | 1.3%* | 0.0% | 121.5% | 95.20% |
10 Yr | 0.9%* | 0.0% | 1.6% | 92.77% |
* Annualized
Return Ranking - Calendar
Period | PCEXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 0.1% | 88.19% |
2022 | 0.0% | 0.0% | 0.0% | 80.00% |
2021 | 0.0% | 0.0% | 0.0% | 79.29% |
2020 | 0.0% | 0.0% | 0.0% | 78.63% |
2019 | 0.0% | 0.0% | 0.0% | 78.57% |
Total Return Ranking - Trailing
Period | PCEXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | 0.0% | 1.8% | 97.30% |
1 Yr | 3.0% | 0.0% | 1444.3% | 97.26% |
3 Yr | 1.8%* | 0.0% | 2.8% | 97.71% |
5 Yr | 1.3%* | 0.0% | 121.5% | 95.20% |
10 Yr | 0.9%* | 0.0% | 1.6% | 92.77% |
* Annualized
Total Return Ranking - Calendar
Period | PCEXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.8% | 0.0% | 5.8% | 97.92% |
2022 | 1.2% | 0.0% | 1.8% | 77.33% |
2021 | 0.0% | 0.0% | 0.1% | 72.86% |
2020 | 0.2% | 0.0% | 0.8% | 86.26% |
2019 | 1.7% | 0.0% | 4868.4% | 75.40% |
NAV & Total Return History
PCEXX - Holdings
Concentration Analysis
PCEXX | Category Low | Category High | PCEXX % Rank | |
---|---|---|---|---|
Net Assets | 809 M | 16.1 M | 86.2 B | 35.48% |
Number of Holdings | 83 | 1 | 345 | 64.52% |
Net Assets in Top 10 | 203 M | 22.7 M | 21.7 B | 92.90% |
Weighting of Top 10 | 56.50% | 14.2% | 100.0% | 12.90% |
Top 10 Holdings
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
- Goldman Sachs & Co. Tri Party Repo Goldman Sachs & Co. Tri Party Repo 0.300 35.12%
Asset Allocation
Weighting | Return Low | Return High | PCEXX % Rank | |
---|---|---|---|---|
Cash | 89.36% | 35.74% | 100.00% | 70.97% |
Bonds | 10.64% | 0.00% | 64.26% | 27.74% |
Stocks | 0.00% | 0.00% | 1.03% | 80.00% |
Preferred Stocks | 0.00% | 0.00% | 1.01% | 81.94% |
Other | 0.00% | 0.00% | 0.04% | 80.00% |
Convertible Bonds | 0.00% | 0.00% | 13.25% | 84.52% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PCEXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 89.36% | 35.74% | 100.00% | 70.32% |
Government | 10.64% | 0.00% | 30.63% | 18.06% |
Derivative | 0.00% | 0.00% | 0.36% | 80.00% |
Securitized | 0.00% | 0.00% | 0.98% | 80.65% |
Corporate | 0.00% | 0.00% | 14.24% | 94.84% |
Municipal | 0.00% | 0.00% | 49.89% | 94.84% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PCEXX % Rank | |
---|---|---|---|---|
US | 10.64% | 0.00% | 64.26% | 27.74% |
Non US | 0.00% | 0.00% | 2.90% | 85.16% |
PCEXX - Expenses
Operational Fees
PCEXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.31% | 0.11% | 20.36% | 61.84% |
Management Fee | 0.15% | 0.00% | 0.57% | 46.45% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.55% | 64.66% |
Sales Fees
PCEXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PCEXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PCEXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 212.00% | 0.00% | 212.00% | 100.00% |
PCEXX - Distributions
Dividend Yield Analysis
PCEXX | Category Low | Category High | PCEXX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.34% | 84.52% |
Dividend Distribution Analysis
PCEXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PCEXX | Category Low | Category High | PCEXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | -1.14% | 1.97% | 74.66% |
Capital Gain Distribution Analysis
PCEXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 14, 2024 | $0.004 | DailyAccrualFund |
Feb 15, 2024 | $0.004 | DailyAccrualFund |
Jan 17, 2024 | $0.003 | DailyAccrualFund |
Dec 29, 2023 | $0.007 | DailyAccrualFund |
Nov 15, 2023 | $0.004 | DailyAccrualFund |
Oct 16, 2023 | $0.005 | DailyAccrualFund |
Sep 14, 2023 | $0.004 | DailyAccrualFund |
Aug 15, 2023 | $0.004 | DailyAccrualFund |
Jul 17, 2023 | $0.004 | DailyAccrualFund |
Jun 15, 2023 | $0.004 | DailyAccrualFund |
May 15, 2023 | $0.004 | DailyAccrualFund |
Apr 17, 2023 | $0.004 | DailyAccrualFund |
Mar 15, 2023 | $0.003 | DailyAccrualFund |
Feb 15, 2023 | $0.003 | DailyAccrualFund |
Jan 17, 2023 | $0.002 | DailyAccrualFund |
Dec 30, 2022 | $0.005 | DailyAccrualFund |
Nov 15, 2022 | $0.002 | DailyAccrualFund |
Oct 13, 2022 | $0.002 | DailyAccrualFund |
Sep 15, 2022 | $0.001 | DailyAccrualFund |
Aug 16, 2022 | $0.001 | DailyAccrualFund |
Jul 14, 2022 | $0.001 | DailyAccrualFund |
Jun 15, 2022 | $0.000 | DailyAccrualFund |
May 12, 2022 | $0.000 | DailyAccrualFund |
Apr 14, 2022 | $0.000 | DailyAccrualFund |
Mar 15, 2022 | $0.000 | DailyAccrualFund |
Feb 15, 2022 | $0.000 | DailyAccrualFund |
Jan 13, 2022 | $0.000 | DailyAccrualFund |
Dec 31, 2021 | $0.000 | DailyAccrualFund |
Nov 15, 2021 | $0.000 | DailyAccrualFund |
Oct 14, 2021 | $0.000 | DailyAccrualFund |
Sep 15, 2021 | $0.000 | DailyAccrualFund |
Aug 16, 2021 | $0.000 | DailyAccrualFund |
Jul 15, 2021 | $0.000 | DailyAccrualFund |
Jun 15, 2021 | $0.000 | DailyAccrualFund |
May 13, 2021 | $0.000 | DailyAccrualFund |
Apr 15, 2021 | $0.000 | DailyAccrualFund |
Mar 15, 2021 | $0.000 | DailyAccrualFund |
Feb 16, 2021 | $0.000 | DailyAccrualFund |
Jan 14, 2021 | $0.000 | DailyAccrualFund |
Dec 31, 2020 | $0.000 | DailyAccrualFund |
Nov 16, 2020 | $0.000 | DailyAccrualFund |
Oct 15, 2020 | $0.000 | DailyAccrualFund |
Sep 15, 2020 | $0.000 | DailyAccrualFund |
Aug 17, 2020 | $0.000 | DailyAccrualFund |
Jul 15, 2020 | $0.000 | DailyAccrualFund |
Jun 15, 2020 | $0.000 | DailyAccrualFund |
May 15, 2020 | $0.000 | DailyAccrualFund |
Apr 15, 2020 | $0.000 | DailyAccrualFund |
Mar 16, 2020 | $0.001 | DailyAccrualFund |
Feb 13, 2020 | $0.001 | DailyAccrualFund |
Jan 15, 2020 | $0.000 | DailyAccrualFund |
Nov 14, 2019 | $0.001 | DailyAccrualFund |
Oct 15, 2019 | $0.001 | DailyAccrualFund |
Sep 16, 2019 | $0.001 | DailyAccrualFund |
Aug 15, 2019 | $0.001 | DailyAccrualFund |
Jul 15, 2019 | $0.002 | DailyAccrualFund |
Jun 13, 2019 | $0.001 | DailyAccrualFund |
May 15, 2019 | $0.002 | DailyAccrualFund |
Apr 15, 2019 | $0.002 | DailyAccrualFund |
Mar 14, 2019 | $0.001 | DailyAccrualFund |
Feb 15, 2019 | $0.002 | DailyAccrualFund |
Jan 15, 2019 | $0.001 | DailyAccrualFund |
Dec 31, 2018 | $0.002 | DailyAccrualFund |
Nov 15, 2018 | $0.001 | DailyAccrualFund |
Oct 15, 2018 | $0.001 | DailyAccrualFund |
Sep 17, 2018 | $0.001 | DailyAccrualFund |
Aug 15, 2018 | $0.001 | DailyAccrualFund |
Jul 16, 2018 | $0.001 | DailyAccrualFund |
Jun 14, 2018 | $0.001 | DailyAccrualFund |
May 15, 2018 | $0.001 | DailyAccrualFund |
Apr 16, 2018 | $0.001 | DailyAccrualFund |
Mar 15, 2018 | $0.001 | DailyAccrualFund |
Feb 15, 2018 | $0.001 | DailyAccrualFund |
Jan 16, 2018 | $0.000 | DailyAccrualFund |
Dec 29, 2017 | $0.001 | DailyAccrualFund |
Nov 15, 2017 | $0.000 | DailyAccrualFund |
Oct 16, 2017 | $0.000 | DailyAccrualFund |
Sep 18, 2017 | $0.000 | DailyAccrualFund |
Aug 15, 2017 | $0.000 | DailyAccrualFund |
Jul 17, 2017 | $0.000 | DailyAccrualFund |
Jun 15, 2017 | $0.000 | DailyAccrualFund |
May 15, 2017 | $0.000 | DailyAccrualFund |
Apr 17, 2017 | $0.000 | DailyAccrualFund |
Mar 15, 2017 | $0.000 | DailyAccrualFund |
Feb 15, 2017 | $0.000 | DailyAccrualFund |
Jan 17, 2017 | $0.000 | DailyAccrualFund |
Dec 30, 2016 | $0.000 | DailyAccrualFund |
Nov 15, 2016 | $0.000 | DailyAccrualFund |
Oct 17, 2016 | $0.000 | DailyAccrualFund |
Sep 15, 2016 | $0.000 | DailyAccrualFund |
Aug 15, 2016 | $0.000 | DailyAccrualFund |
Jul 18, 2016 | $0.000 | DailyAccrualFund |
Jun 15, 2016 | $0.000 | DailyAccrualFund |
May 16, 2016 | $0.000 | DailyAccrualFund |
Apr 18, 2016 | $0.000 | DailyAccrualFund |
Mar 15, 2016 | $0.000 | DailyAccrualFund |
Feb 16, 2016 | $0.000 | DailyAccrualFund |
Jan 19, 2016 | $0.000 | DailyAccrualFund |
Dec 31, 2015 | $0.000 | DailyAccrualFund |