Continue to site >
Trending ETFs

Name

As of 11/05/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.49

$166 M

1.83%

$0.30

0.86%

Vitals

YTD Return

20.3%

1 yr return

30.2%

3 Yr Avg Return

9.1%

5 Yr Avg Return

N/A

Net Assets

$166 M

Holdings in Top 10

49.3%

52 WEEK LOW AND HIGH

$16.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/05/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.49

$166 M

1.83%

$0.30

0.86%

DVRUX - Profile

Distributions

  • YTD Total Return 20.3%
  • 3 Yr Annualized Total Return 9.1%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.72%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    UBS US Dividend Ruler Fund
  • Fund Family Name
    UBSASSETMT
  • Inception Date
    Jul 09, 2020
  • Shares Outstanding
    N/A
  • Share Class
    P
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeremy Zirin

Fund Description

Principal investments

To achieve its investment objective, the Fund invests in, or seeks exposure to, stocks with attractive growth (earnings and dividend), attractive dividend yield, quality, and valuation profiles.

Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in US companies. In addition, under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in dividend paying securities. The Fund invests a substantial portion of its net assets in large-capitalization equities traded in the United States. Investments in equity securities may include but are not limited to common stock (including real estate investment trusts ("REITs")) of issuers located throughout the world, and American Depositary Receipts. The Fund may invest in issuers from both developed markets (including the United States) and emerging markets.

Under normal circumstances, the Advisor intends to invest the Fund's portfolio under the following guidelines, but reserves the right to deviate if economic and business conditions warrant:

•  20-50 stocks in the portfolio

•  Companies with a market capitalization of $2.5 billion or greater

•  Typical allocation to American Depository Receipts (ADRs) of 15% or less

•  Minimum of 6 sectors included in the portfolio for diversification purposes

•  The Fund aims to be fully invested but may allow for a cash allocation—with a range of 1-10%—for liquidity purposes.

Under certain market conditions, the Fund may, but is not required to, use exchange traded derivative instruments for risk management purposes or as part of the Fund's investment strategies. Generally, derivatives are financial contracts whose value depends upon, or is derived from, the value of an underlying asset, reference rate, index or other market factor and may relate to stocks, bonds, interest rates, credit, currencies or currency exchange rates, commodities and related indexes. The derivatives in which the Fund may invest include futures, forward currency agreements and equity participation notes. All of these derivatives may be used for risk man-

agement purposes to manage or adjust the risk profile of the Fund. Futures on currencies and forward currency agreements may also be used to hedge against a specific currency. In addition, all of the derivative instruments listed above may be used for investment (non-hedging) purposes to earn income; to enhance returns; to replace more traditional direct investments (except for forward currency agreements); or to obtain exposure to certain markets (except for forward currency agreements). The Fund also may use futures contracts on equity securities and indices to gain market exposure on its uninvested cash.

The Fund also may at times invest in ETFs and other investment companies for the purpose of gaining exposure to the stock market while maintaining liquidity.

Management process

The Advisor seeks to invest in companies that the Advisor believes have attractive current dividend yields, and strong and consistent historical and prospective dividend growth. The Advisor believes that this focus on consistent and sustainable dividend growth underscores a quality bias for the portfolio which the Advisor believes can help mitigate downside risks and deliver attractive risk-adjusted total returns through the market cycle when compared to the broader equity market.

In selecting individual securities for investment, the Advisor begins with a quantitative model to identify candidates for the portfolio. The investable universe of stocks is screened for the following metrics:

•  Attractive dividend yield: Indicated dividend yield equal to or greater than the S&P 500 indicated dividend yield

•  Healthy dividend growth: 10-year compound annual growth rate of dividends per share (DPS) of greater than 4%

•  Strong dividend consistency: steady and stable dividend payments and growth over the last 10 years

The Advisor may modify the quantitative screening process at any time, without shareholder approval or notice.

Stocks that meet the above criteria may be eligible for inclusion in the portfolio. Stocks are then reviewed from a "bottom-up" or fundamental perspective by the Advisor, leveraging the intellectual capital of UBS Global Wealth Management ("WM"), an affiliate of the Advisor, Chief Investment Office ("CIO") equity strategists and equity sector analysts, as well as other resources. The Advisor assesses the fundamental outlook for earnings per share, dividends per share growth,

quality, and valuation—among other metrics—while determining potential upside and downside risks given current and expected market environments. This assessment is determined with the intention of owning stocks for the portfolio over a multi-year time horizon.

In addition, the Advisor constructs the portfolio taking into account several investment considerations including but not limited to: the UBS House View (a publication of macro and thematic views of WM CIO) on markets, regions, sectors and style factors. While the Advisor may receive input from multiple business units within UBS, the Advisor has final discretion in the portfolio's construction.

The Fund is classified by UBS AM (Americas) as an "ESG-integrated" fund. The Fund's investment process integrates material sustainability and/or ESG considerations into the research process for equity portfolio investments and portfolio holdings for which ESG data is available. Therefore, the Advisor does not assess every investment for ESG factors and, when it does, not every ESG factor may be identified or evaluated. ESG integration is driven by taking into account material sustainability and/or ESG risks which could impact investment returns, rather than being driven by specific ethical principles or norms. The analysis of material sustainability and/or ESG considerations can include many different aspects, including, for example, the carbon footprint, employee health and well-being, supply chain management, fair customer treatment and governance processes of a company. ESG considerations and weights considered may change over time. The Fund's portfolio managers may still invest in securities without respect to sustainability and/or ESG considerations or in securities which present sustainability and/or ESG risks, including where the portfolio managers believe the potential compensation outweighs the risks identified.

Read More

DVRUX - Performance

Return Ranking - Trailing

Period DVRUX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.3% -10.8% 38.0% 10.29%
1 Yr 30.2% 3.9% 61.3% 16.40%
3 Yr 9.1%* -4.3% 30.5% 17.08%
5 Yr N/A* -1.0% 45.1% N/A
10 Yr N/A* 1.5% 25.0% N/A

* Annualized

Return Ranking - Calendar

Period DVRUX Return Category Return Low Category Return High Rank in Category (%)
2023 10.3% -16.9% 46.1% 27.16%
2022 -9.2% -64.7% 4.6% 29.13%
2021 19.8% -44.2% 57.5% 33.85%
2020 N/A -23.2% 285.0% N/A
2019 N/A -21.4% 48.5% N/A

Total Return Ranking - Trailing

Period DVRUX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.3% -10.8% 38.0% 10.29%
1 Yr 30.2% 3.9% 61.3% 16.40%
3 Yr 9.1%* -4.3% 30.5% 17.08%
5 Yr N/A* -1.0% 45.1% N/A
10 Yr N/A* 1.5% 25.0% N/A

* Annualized

Total Return Ranking - Calendar

Period DVRUX Return Category Return Low Category Return High Rank in Category (%)
2023 13.6% -15.9% 46.7% 30.48%
2022 -6.9% -42.0% 8.5% 62.18%
2021 23.3% 3.6% 129.7% 78.08%
2020 N/A -22.6% 304.8% N/A
2019 N/A -12.7% 52.1% N/A

NAV & Total Return History


DVRUX - Holdings

Concentration Analysis

DVRUX Category Low Category High DVRUX % Rank
Net Assets 166 M 1.97 M 163 B 82.00%
Number of Holdings 32 2 1727 93.20%
Net Assets in Top 10 98.2 M 433 K 37.8 B 69.05%
Weighting of Top 10 49.26% 4.4% 99.1% 5.61%

Top 10 Holdings

  1. Microsoft Corp. 11.85%
  2. Broadcom, Inc. 5.71%
  3. Oracle Corp. 5.12%
  4. Taiwan Semiconductor Manufacturing Co. Ltd. 4.49%
  5. JPMorgan Chase Co. 4.41%
  6. Home Depot, Inc. 3.72%
  7. UnitedHealth Group, Inc. 3.60%
  8. Analog Devices, Inc. 3.52%
  9. Accenture PLC 3.50%
  10. Morgan Stanley 3.34%

Asset Allocation

Weighting Return Low Return High DVRUX % Rank
Stocks
97.76% 7.19% 103.40% 60.88%
Cash
2.24% 0.00% 36.15% 31.31%
Preferred Stocks
0.00% 0.00% 15.27% 13.68%
Other
0.00% -2.59% 36.68% 33.88%
Convertible Bonds
0.00% 0.00% 3.66% 8.58%
Bonds
0.00% 0.00% 78.06% 13.04%

Stock Sector Breakdown

Weighting Return Low Return High DVRUX % Rank
Technology
22.45% 0.00% 54.02% 4.36%
Financial Services
17.72% 0.00% 58.05% 66.08%
Industrials
14.69% 0.00% 42.76% 12.33%
Healthcare
12.77% 0.00% 30.08% 87.49%
Consumer Cyclical
8.97% 0.00% 22.74% 15.94%
Consumer Defense
8.95% 0.00% 34.10% 41.33%
Energy
4.23% 0.00% 54.00% 84.43%
Utilities
4.03% 0.00% 27.04% 57.18%
Basic Materials
3.16% 0.00% 21.69% 55.70%
Communication Services
3.04% 0.00% 26.58% 81.56%
Real Estate
0.00% 0.00% 90.54% 83.69%

Stock Geographic Breakdown

Weighting Return Low Return High DVRUX % Rank
US
97.76% 7.19% 103.40% 47.02%
Non US
0.00% 0.00% 24.08% 36.09%

DVRUX - Expenses

Operational Fees

DVRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.03% 14.82% 54.47%
Management Fee 0.50% 0.00% 1.50% 32.32%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.00% 0.50% 29.04%

Sales Fees

DVRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

DVRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

DVRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 488.00% 31.40%

DVRUX - Distributions

Dividend Yield Analysis

DVRUX Category Low Category High DVRUX % Rank
Dividend Yield 1.83% 0.00% 16.67% 46.97%

Dividend Distribution Analysis

DVRUX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Annual

Net Income Ratio Analysis

DVRUX Category Low Category High DVRUX % Rank
Net Income Ratio 1.72% -1.51% 4.28% 29.51%

Capital Gain Distribution Analysis

DVRUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

DVRUX - Fund Manager Analysis

Managers

Jeremy Zirin


Start Date

Tenure

Tenure Rank

Jul 09, 2020

1.89

1.9%

Jeremy Zirin is the Head of Equities Americas for the UBS Global Wealth Management Chief Investment Office. He manages teams responsible for US equity strategy, single-security equity model portfolios and sector research. He is also a member of the Asset Allocation Committee for Wealth Management USA. His primary functional responsibilities include authoring investment strategy and equity strategy research reports, managing the firm's model portfolio shelf, and representing the UBS House View to UBS Financial Advisors, clients and the media. Jeremy is a Chartered Financial Analyst® and a member of the CFA Institute and the New York Society of Security Analysts (NYSSA). He holds an M.B.A. in finance and statistics from New York University’s Stern School of Business, and a B.S. in accounting from the State University of New York at Albany.

Edmund Tran


Start Date

Tenure

Tenure Rank

Jul 09, 2020

1.89

1.9%

Edmund Tran is a Portfolio Manager with the US Private Client Equities team of UBS Asset management based in New York. Prior to joining UBS Asset Management in June 2020, Mr. Tran was in WM CIO, where he was an equity strategist. In his role, Mr. Tran contributed to the management of the UBS US Dividend Ruler and UBS US Quality Growth At Reasonable Price model portfolios and co-authored equity strategy research reports. Prior to WM CIO, Mr. Tran was an investment associate in UBS Global Wealth Management. Mr. Tran is a CFA charterholder.

Christopher Shea


Start Date

Tenure

Tenure Rank

Jul 09, 2020

1.89

1.9%

Christopher Shea is a Senior Portfolio Manager with the US Private Client Equities team of UBS Asset Management based in New York. Prior to joining UBS Asset Management in June 2020, Mr. Shea was in WM CIO, where he was the lead portfolio strategist on a US Large Cap Core model portfolio and deputy portfolio strategist on several other model portfolios. Prior to WM CIO, he served as a portfolio manager with UBS Investment Management where he was responsible for several equity- and balanced-portfolio strategies. Mr. Shea joined UBS in 2003, and is a CFA charterholder.

Jeffrey Hans


Start Date

Tenure

Tenure Rank

Jul 09, 2020

1.89

1.9%

Jeffrey Hans is a Senior Portfolio Manager with the US Private Client Equities team of UBS Asset Management based in New York. Prior to joining UBS Asset Management in June 2020, Mr. Hans was in WM CIO, where he was lead portfolio strategist on two model portfolios (US large-cap value and US mid-cap), and has been a key contributor for stock selection and risk management since their inception. Mr. Hans joined UBS in 2012 from Citigroup where he spent five years in equity research as an analyst and senior associate covering the leisure and restaurant sectors for the number one ranked Institutional Investor Magazine analyst team. Prior to that, he worked eight years at Citi Smith Barney Wealth Management as an equity sector strategist with specialization in the industrials and consumer sectors.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.08 6.71