# UBS (Lux) Bond SICAV – Floating Rate Income (USD)
| Most important figures |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Net assets in USD |  | 311 277 183.66 | 389 562 979.96 | 537 201 144.90 |
| Class I-X-acc | LU1776430768 |  |  |  |
| Shares outstanding |  | 64 737.6420 | 66 196.6420 | 71 166.3090 |
| Net asset value per share in USD |  | 107.52 | 104.60 | 99.99 |
| Issue and redemption price per share in USD 1 |  | 107.52 | 104.60 | 99.99 |
| Class K-1-acc | LU1679116258 |  |  |  |
| Shares outstanding |  | 0.8000 | 1.6000 | 3.5000 |
| Net asset value per share in USD |  | 5 328 239.16 | 5 207 475.24 | 5 024 846.35 |
| Issue and redemption price per share in USD 1 |  | 5 328 239.16 | 5 207 475.24 | 5 024 846.35 |
| Class K-1-mdist | LU1692484782 |  |  |  |
| Shares outstanding |  | 2.0000 | 2.2000 | 4.6000 |
| Net asset value per share in USD |  | 4 893 586.19 | 4 891 625.20 | 4 937 067.89 |
| Issue and redemption price per share in USD 1 |  | 4 893 586.19 | 4 891 625.20 | 4 937 067.89 |
| Class (HKD) K-1-mdist | LU1692484865 |  |  |  |
| Shares outstanding |  | 1.6000 | 3.0000 | 4.3000 |
| Net asset value per share in HKD |  | 39 238 818.54 | 39 283 149.59 | 39 666 676.17 |
| Issue and redemption price per share in HKD 1 |  | 39 238 818.54 | 39 283 149.59 | 39 666 676.17 |
| Class (EUR hedged) K-X-acc 2 | LU1856011025 |  |  |  |
| Shares outstanding |  | 25 998.0100 | 26 601.3650 | - |
| Net asset value per share in EUR |  | 102.32 | 100.92 | - |
| Issue and redemption price per share in EUR 1 |  | 102.32 | 100.92 | - |
| Class P-acc | LU1679112000 |  |  |  |
| Shares outstanding |  | 275 536.9050 | 350 465.1740 | 997 487.7770 |
| Net asset value per share in USD |  | 105.71 | 103.52 | 100.29 |
| Issue and redemption price per share in USD 1 |  | 105.71 | 103.52 | 100.29 |
| Class (CHF hedged) P-acc | LU1679114808 |  |  |  |
| Shares outstanding |  | 14 648.3770 | 16 126.8550 | 23 176.5540 |
| Net asset value per share in CHF |  | 99.29 | 98.79 | 98.90 |
| Issue and redemption price per share in CHF 1 |  | 99.29 | 98.79 | 98.90 |
| Class (EUR hedged) P-acc | LU1679113404 |  |  |  |
| Shares outstanding |  | 274 260.4980 | 319 305.0850 | 291 694.5520 |
| Net asset value per share in EUR |  | 100.09 | 99.37 | 99.12 |
| Issue and redemption price per share in EUR 1 |  | 100.09 | 99.37 | 99.12 |
| Class (GBP hedged) P-acc 3 | LU1685801778 |  |  |  |
| Shares outstanding |  | - | 9 626.9400 | 28 869.5030 |
| Net asset value per share in GBP |  | - | 101.05 | 99.59 |
| Issue and redemption price per share in GBP 1 |  | - | 101.05 | 99.59 |
| Class P-dist | LU1679112349 |  |  |  |
| Shares outstanding |  | 47 827.4420 | 75 450.5260 | 103 013.4420 |
| Net asset value per share in USD |  | 100.12 | 101.06 | 100.30 |
| Issue and redemption price per share in USD 1 |  | 100.12 | 101.06 | 100.30 |
| Class (CHF hedged) P-dist | LU1679115102 |  |  |  |
| Shares outstanding |  | 37 480.7490 | 36 415.7490 | 46 958.9300 |
| Net asset value per share in CHF |  | 93.87 | 96.38 | 98.90 |
| Issue and redemption price per share in CHF 1 |  | 93.87 | 96.38 | 98.90 |
| Class (EUR hedged) P-dist | LU1679113743 |  |  |  |
| Shares outstanding |  | 74 262.5880 | 79 094.7610 | 137 568.2920 |
| Net asset value per share in EUR |  | 94.55 | 96.91 | 99.12 |
| Issue and redemption price per share in EUR 1 |  | 94.55 | 96.91 | 99.12 |
| Class P-mdist | LU1679116506 |  |  |  |
| Shares outstanding |  | 172 383.6680 | 214 518.9170 | 532 655.3280 |
| Net asset value per share in USD |  | 97.09 | 97.25 | 98.55 |
| Issue and redemption price per share in USD 1 |  | 97.09 | 97.25 | 98.55 |
| Class (HKD) P-mdist | LU1692484949 |  |  |  |
| Shares outstanding |  | 54 570.4910 | 81 511.2990 | 186 592.7160 |
| Net asset value per share in HKD |  | 973.09 | 976.23 | 989.71 |
| Issue and redemption price per share in HKD 1 |  | 973.09 | 976.23 | 989.71 |
| Class Q-acc | LU1679112851 |  |  |  |
| Shares outstanding |  | 642 993.1860 | 782 983.7680 | 706 858.6640 |
| Net asset value per share in USD |  | 106.87 | 104.38 | 100.57 |
| Issue and redemption price per share in USD 1 |  | 106.87 | 104.38 | 100.57 |
| Class (CHF hedged) Q-acc | LU1679115524 |  |  |  |
| Shares outstanding |  | 144 763.7820 | 219 176.7060 | 249 599.2130 |
| Net asset value per share in CHF |  | 100.39 | 99.60 | 99.17 |
| Issue and redemption price per share in CHF 1 |  | 100.39 | 99.60 | 99.17 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Class (EUR hedged) Q-acc | LU1679114121 |  |  |  |
| Shares outstanding |  | 501 190.4350 | 613 224.8740 | 545 963.8860 |
| Net asset value per share in EUR |  | 101.20 | 100.19 | 99.40 |
| Issue and redemption price per share in EUR 1 |  | 101.20 | 100.19 | 99.40 |
| Class (GBP hedged) Q-acc 3 | LU1685808278 |  |  |  |
| Shares outstanding |  | - | 16 091.1690 | 29 359.3080 |
| Net asset value per share in GBP |  | - | 101.89 | 99.87 |
| Issue and redemption price per share in GBP 1 |  | - | 101.89 | 99.87 |
| Class Q-dist | LU1679113156 |  |  |  |
| Shares outstanding |  | 93 055.5330 | 101 020.3900 | 339 477.6510 |
| Net asset value per share in USD |  | 100.41 | 101.62 | 100.57 |
| Issue and redemption price per share in USD 1 |  | 100.41 | 101.62 | 100.57 |
| Class (CHF hedged) Q-dist | LU1679115953 |  |  |  |
| Shares outstanding |  | 56 016.0000 | 70 701.0000 | 85 847.1040 |
| Net asset value per share in CHF |  | 94.11 | 96.89 | 99.17 |
| Issue and redemption price per share in CHF 1 |  | 94.11 | 96.89 | 99.17 |
| Class (EUR hedged) Q-dist | LU1679114550 |  |  |  |
| Shares outstanding |  | 94 389.2010 | 110 110.4120 | 97 027.8260 |
| Net asset value per share in EUR |  | 94.76 | 97.42 | 99.39 |
| Issue and redemption price per share in EUR 1 |  | 94.76 | 97.42 | 99.39 |
| Class (GBP hedged) Q-dist 3 | LU1685817428 |  |  |  |
| Shares outstanding |  | - | 13 494.7820 | 26 507.7820 |
| Net asset value per share in GBP |  | - | 99.09 | 99.87 |
| Issue and redemption price per share in GBP 1 |  | - | 99.09 | 99.87 |
| Class Q-mdist 4 | LU1891428382 |  |  |  |
| Shares outstanding |  | 19 280.1160 | 24 124.1560 | - |
| Net asset value per share in USD |  | 100.01 | 99.90 | - |
| Issue and redemption price per share in USD 1 |  | 100.01 | 99.90 | - |
| Class U-X-UKdist-mdist 5 | LU1839734529 |  |  |  |
| Shares outstanding |  | 1 326.0000 | 1 326.0000 | - |
| Net asset value per share in USD |  | 10 031.27 | 10 046.49 | - |
| Issue and redemption price per share in USD 1 |  | 10 031.27 | 10 046.49 | - |
| 1  See note 1 2  First NAV: 2.11.2018 |  |  |  |  |

3 
For the period from 1.12.2017 to 14.10.2019 the share classes (GBP hedged) P-acc, (GBP hedged) Q-acc and (GBP hedged) Q-dist was in circulation
4 
First NAV: 5.11.2018
5 
First NAV: 9.7.2018

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
United States	48.04
Luxembourg	10.17
United Kingdom	8.45
Canada	5.31
Cayman Islands	5.15
The Netherlands	4.80
France	2.02
Spain	1.83
Ireland	1.70
Italy	1.62
Japan	1.25
Jersey	1.06
Sweden	0.98
Denmark	0.93
Germany	0.93
Slovenia	0.85
United Arab Emirates	0.63
Brazil	0.44
Australia	0.33
Mexico	0.23
Total	96.72
Economic Breakdown as a % of net assets	
Finance & holding companies	34.92
Mortgage & funding institutions	9.85
Banks & credit institutions	7.60
Telecommunications	5.53
Investment funds	5.46
Internet, software & IT services	5.15
Petroleum	4.56
Miscellaneous services	3.01
Real Estate	2.12
Computer hardware & network equipment providers	2.01
Pharmaceuticals, cosmetics & medical products	1.99
Healthcare & social services	1.94
Packaging industry	1.44
Mining, coal & steel	1.11
Countries & central governments	1.11
Energy & water supply	1.03
Retail trade, department stores	1.03
Forestry, paper & pulp products	0.98
Vehicles	0.93
Building industry & materials	0.87
Food & soft drinks	0.80
Chemicals	0.68
Mechanical engineering & industrial equipment	0.63
Environmental services & recycling	0.50
Miscellaneous consumer goods	0.45
Electronics & semiconductors	0.34
Lodging, catering & leisure	0.28
Photographic & optics	0.20
Textiles, garments & leather goods	0.11
Miscellaneous trading companies	0.09
Total	96.72
UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019

## Statement of Net Assets
Assets	30.11.2019
USD
Investments in securities, cost	307 677 481.90
| Investments in securities, unrealized appreciation (depreciation) | 	-6 619 844.52	 |
| --- | --- |
| Total investments in securities (Note 1) | 301 057 637.38 |
| Cash at banks, deposits on demand and deposit accounts | 8 132 578.51 |
| Other liquid assets (Margins) | 7 469 075.01 |
| Receivable on securities sales (Note 1) | 957 687.40 |
| Receivable on subscriptions | 68 325.70 |
| Interest receivable on securities | 3 156 258.65 |
| Unrealized gain (loss) on forward foreign exchange contracts (Note 1) | -377 518.85 |
| Unrealized gain (loss) on swaps (Note 1) | -5 875 217.89 |
| Total Assets | 314 588 825.91 |
|  |  |
| Liabilities |  |
| Bank overdraft | -2 750 400.45 |
| Payable on redemptions | -408 746.15 |
| Provisions for flat fee (Note 2) | -107 777.53 |
| Provisions for taxe d’abonnement (Note 3) | -22 889.81 |
| Provisions for other commissions and fees (Note 2) | 	-21 828.31	 |
| Total provisions | -152 495.65 |
| Total Liabilities | -3 311 642.25 |
|  |  |
| Net assets at the end of the period | 311 277 183.66 |
| Statement of Operations | USD |
| Income | 1.6.2019-30.11.2019 |
| Interest on liquid assets | 81 380.37 |
| Interest on securities | 8 253 088.59 |
| Interest received on swaps (Note 1) | 7 691 275.09 |
| Other income (Note 4) | 15 493.20 |
| Total income | 16 041 237.25 |
|  |  |
| Expenses |  |
| Interest paid on swaps (Note 1) | -8 445 162.55 |
| Flat fee (Note 2) | -1 577 041.07 |
| Taxe d’abonnement (Note 3) | -78 159.90 |
| Other commissions and fees (Note 2) | -20 188.71 |
| Interest on cash and bank overdraft | -12 868.89 |
| Total expenses | -10 133 421.12 |
|  |  |
| Net income (loss) on investments | 5 907 816.13 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | -4 941 834.63 |
| Realized gain (loss) on options | 195 750.00 |
| Realized gain (loss) on forward foreign exchange contracts | -715 544.35 |
| Realized gain (loss) on swaps | -1 447 095.33 |
| Realized gain (loss) on foreign exchange | 96 436.27 |
| Total realized gain (loss) | -6 812 288.04 |
|  |  |
| Net realized gain (loss) of the period | -904 471.91 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 5 930 025.84 |
| Unrealized appreciation (depreciation) on options | 61 476.00 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -560 064.05 |
| Unrealized appreciation (depreciation) on swaps | 1 040 568.38 |
| Total changes in unrealized appreciation (depreciation) | 6 472 006.17 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 5 567 534.26 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019
| Statement of Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-30.11.2019 |
| Net assets at the beginning of the period | 389 562 979.96 |
| Subscriptions | 26 286 937.90 |
| Redemptions | 	-107 000 428.99	 |
| Total net subscriptions (redemptions) | -80 713 491.09 |
| Dividend paid | -3 139 839.47 |
| Net income (loss) on investments | 5 907 816.13 |
| Total realized gain (loss) | -6 812 288.04 |
| Total changes in unrealized appreciation (depreciation) | 	6 472 006.17	 |
| Net increase (decrease) in net assets as a result of operations | 5 567 534.26 |
| Net assets at the end of the period | 311 277 183.66 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2019-30.11.2019 |
| Class | I-X-acc |
| Number of shares outstanding at the beginning of the period | 66 196.6420 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -1 459.0000 |
| Number of shares outstanding at the end of the period | 64 737.6420 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the period | 1.6000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -0.8000 |
| Number of shares outstanding at the end of the period | 0.8000 |
| Class | K-1-mdist |
| Number of shares outstanding at the beginning of the period | 2.2000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -0.2000 |
| Number of shares outstanding at the end of the period | 2.0000 |
| Class | (HKD) K-1-mdist |
| Number of shares outstanding at the beginning of the period | 3.0000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -1.4000 |
| Number of shares outstanding at the end of the period | 1.6000 |
| Class | (EUR hedged) K-X-acc |
| Number of shares outstanding at the beginning of the period | 26 601.3650 |
| Number of shares issued | 127 665.9440 |
| Number of shares redeemed | -128 269.2990 |
| Number of shares outstanding at the end of the period | 25 998.0100 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the period | 350 465.1740 |
| Number of shares issued | 5 504.2760 |
| Number of shares redeemed | -80 432.5450 |
| Number of shares outstanding at the end of the period | 275 536.9050 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 16 126.8550 |
| Number of shares issued | 181.5880 |
| Number of shares redeemed | -1 660.0660 |
| Number of shares outstanding at the end of the period | 14 648.3770 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 319 305.0850 |
| Number of shares issued | 34 581.2430 |
| Number of shares redeemed | -79 625.8300 |
| Number of shares outstanding at the end of the period | 274 260.4980 |
| Class | (GBP hedged) P-acc |
| Number of shares outstanding at the beginning of the period | 9 626.9400 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -9 626.9400 |
| Number of shares outstanding at the end of the period | 0.0000 |
| Class | P-dist |
| Number of shares outstanding at the beginning of the period | 75 450.5260 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -27 623.0840 |
| Number of shares outstanding at the end of the period | 47 827.4420 |
| Class | (CHF hedged) P-dist |
| Number of shares outstanding at the beginning of the period | 36 415.7490 |
| Number of shares issued | 1 890.0000 |
| Number of shares redeemed | -825.0000 |
| Number of shares outstanding at the end of the period | 37 480.7490 |
| Class | (EUR hedged) P-dist |
| Number of shares outstanding at the beginning of the period | 79 094.7610 |
| Number of shares issued | 3 218.2880 |
| Number of shares redeemed | -8 050.4610 |
| Number of shares outstanding at the end of the period | 74 262.5880 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019
| Class |  |  |  | P-mdist |
| --- | --- | --- | --- | --- |
| Number of shares outstanding at the beginning of the period |  |  |  | 214 518.9170 |
| Number of shares issued |  |  |  | 0.0000 |
| Number of shares redeemed |  |  |  | -42 135.2490 |
| Number of shares outstanding at the end of the period |  |  |  | 172 383.6680 |
| Class |  |  |  | (HKD) P-mdist |
| Number of shares outstanding at the beginning of the period |  |  |  | 81 511.2990 |
| Number of shares issued |  |  |  | 0.0000 |
| Number of shares redeemed |  |  |  | -26 940.8080 |
| Number of shares outstanding at the end of the period |  |  |  | 54 570.4910 |
| Class |  |  |  | Q-acc |
| Number of shares outstanding at the beginning of the period |  |  |  | 782 983.7680 |
| Number of shares issued |  |  |  | 37 361.2440 |
| Number of shares redeemed |  |  |  | -177 351.8260 |
| Number of shares outstanding at the end of the period |  |  |  | 642 993.1860 |
| Class |  |  |  | (CHF hedged) Q-acc |
| Number of shares outstanding at the beginning of the period |  |  |  | 219 176.7060 |
| Number of shares issued |  |  |  | 1 229.9330 |
| Number of shares redeemed |  |  |  | -75 642.8570 |
| Number of shares outstanding at the end of the period |  |  |  | 144 763.7820 |
| Class |  |  |  | (EUR hedged) Q-acc |
| Number of shares outstanding at the beginning of the period |  |  |  | 613 224.8740 |
| Number of shares issued |  |  |  | 14 324.8820 |
| Number of shares redeemed |  |  |  | -126 359.3210 |
| Number of shares outstanding at the end of the period |  |  |  | 501 190.4350 |
| Class |  |  |  | (GBP hedged) Q-acc |
| Number of shares outstanding at the beginning of the period |  |  |  | 16 091.1690 |
| Number of shares issued |  |  |  | 0.0000 |
| Number of shares redeemed |  |  |  | -16 091.1690 |
| Number of shares outstanding at the end of the period |  |  |  | 0.0000 |
| Class |  |  |  | Q-dist |
| Number of shares outstanding at the beginning of the period |  |  |  | 101 020.3900 |
| Number of shares issued |  |  |  | 11 832.6560 |
| Number of shares redeemed |  |  |  | -19 797.5130 |
| Number of shares outstanding at the end of the period |  |  |  | 93 055.5330 |
| Class |  |  |  | (CHF hedged) Q-dist |
| Number of shares outstanding at the beginning of the period |  |  |  | 70 701.0000 |
| Number of shares issued |  |  |  | 0.0000 |
| Number of shares redeemed |  |  |  | -14 685.0000 |
| Number of shares outstanding at the end of the period |  |  |  | 56 016.0000 |
| Class |  |  |  | (EUR hedged) Q-dist |
| Number of shares outstanding at the beginning of the period |  |  |  | 110 110.4120 |
| Number of shares issued |  |  |  | 799.7090 |
| Number of shares redeemed |  |  |  | -16 520.9200 |
| Number of shares outstanding at the end of the period |  |  |  | 94 389.2010 |
| Class |  |  |  | (GBP hedged) Q-dist |
| Number of shares outstanding at the beginning of the period |  |  |  | 13 494.7820 |
| Number of shares issued |  |  |  | 40.0000 |
| Number of shares redeemed |  |  |  | -13 534.7820 |
| Number of shares outstanding at the end of the period |  |  |  | 0.0000 |
| Class |  |  |  | Q-mdist |
| Number of shares outstanding at the beginning of the period |  |  |  | 24 124.1560 |
| Number of shares issued |  |  |  | 0.0000 |
| Number of shares redeemed |  |  |  | -4 844.0400 |
| Number of shares outstanding at the end of the period |  |  |  | 19 280.1160 |
| Class |  |  |  | U-X-UKdist-mdist |
| Number of shares outstanding at the beginning of the period |  |  |  | 1 326.0000 |
| Number of shares issued |  |  |  | 0.0000 |
| Number of shares redeemed |  |  |  | 0.0000 |
| Number of shares outstanding at the end of the period |  |  |  | 1 326.0000 |
| Annual Distribution 1 |  |  |  |  |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| P-dist | 1.8.2019 | 6.8.2019 | USD | 3.05 |
| (CHF hedged) P-dist | 1.8.2019 | 6.8.2019 | CHF | 3.00 |
| (EUR hedged) P-dist | 1.8.2019 | 6.8.2019 | EUR | 3.07 |
| Q-dist | 1.8.2019 | 6.8.2019 | USD | 3.61 |
| (CHF hedged) Q-dist | 1.8.2019 | 6.8.2019 | CHF | 3.55 |
| (EUR hedged) Q-dist | 1.8.2019 | 6.8.2019 | EUR | 3.63 |
| (GBP hedged) Q-dist | 1.8.2019 | 6.8.2019 | GBP | 3.66 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019
| Monthly Distribution 1 |  |  |  |  |
| --- | --- | --- | --- | --- |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| K-1-mdist | 17.6.2019 | 20.6.2019 | USD | 18 343.59 |
| K-1-mdist | 15.7.2019 | 18.7.2019 | USD | 18 452.91 |
| K-1-mdist | 16.8.2019 | 21.8.2019 | USD | 18 507.16 |
| K-1-mdist | 16.9.2019 | 19.9.2019 | USD | 18 382.97 |
| K-1-mdist | 15.10.2019 | 18.10.2019 | USD | 18 318.18 |
| K-1-mdist | 15.11.2019 | 20.11.2019 | USD | 18 318.18 |
| (HKD) K-1-mdist | 17.6.2019 | 20.6.2019 | HKD | 147 311.81 |
| (HKD) K-1-mdist | 15.7.2019 | 18.7.2019 | HKD | 147 659.64 |
| (HKD) K-1-mdist | 16.8.2019 | 21.8.2019 | HKD | 148 386.59 |
| (HKD) K-1-mdist | 16.9.2019 | 19.9.2019 | HKD | 147 540.28 |
| (HKD) K-1-mdist | 15.10.2019 | 18.10.2019 | HKD | 146 059.63 |
| (HKD) K-1-mdist | 15.11.2019 | 20.11.2019 | HKD | 146 059.63 |
| P-mdist | 17.6.2019 | 20.6.2019 | USD | 0.36 |
| P-mdist | 15.7.2019 | 18.7.2019 | USD | 0.37 |
| P-mdist | 16.8.2019 | 21.8.2019 | USD | 0.37 |
| P-mdist | 16.9.2019 | 19.9.2019 | USD | 0.37 |
| P-mdist | 15.10.2019 | 18.10.2019 | USD | 0.37 |
| P-mdist | 15.11.2019 | 20.11.2019 | USD | 0.36 |
| (HKD) P-mdist | 17.6.2019 | 20.6.2019 | HKD | 3.66 |
| (HKD) P-mdist | 15.7.2019 | 18.7.2019 | HKD | 3.67 |
| (HKD) P-mdist | 16.8.2019 | 21.8.2019 | HKD | 3.69 |
| (HKD) P-mdist | 16.9.2019 | 19.9.2019 | HKD | 3.66 |
| (HKD) P-mdist | 15.10.2019 | 18.10.2019 | HKD | 3.66 |
| (HKD) P-mdist | 15.11.2019 | 20.11.2019 | HKD | 3.66 |
| Q-mdist | 17.6.2019 | 20.6.2019 | USD | 0.37 |
| Q-mdist | 15.7.2019 | 18.7.2019 | USD | 0.38 |
| Q-mdist | 16.8.2019 | 21.8.2019 | USD | 0.38 |
| Q-mdist | 16.9.2019 | 19.9.2019 | USD | 0.38 |
| Q-mdist | 15.10.2019 | 18.10.2019 | USD | 0.38 |
| Q-mdist | 15.11.2019 | 20.11.2019 | USD | 0.37 |
| U-X-UKdist-mdist | 17.6.2019 | 20.6.2019 | USD | 42.13 |
| U-X-UKdist-mdist | 15.7.2019 | 18.7.2019 | USD | 33.22 |
| U-X-UKdist-mdist | 30.7.2019 | 2.8.2019 | USD | 50.62 |
| U-X-UKdist-mdist | 16.8.2019 | 21.8.2019 | USD | 49.40 |
| U-X-UKdist-mdist | 16.9.2019 | 19.9.2019 | USD | 41.77 |
| U-X-UKdist-mdist | 15.10.2019 | 18.10.2019 | USD | 42.05 |
| U-X-UKdist-mdist | 15.11.2019 | 20.11.2019 | USD | 33.32 |
| 1  See note 5 |  |  |  |  |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019

## Statement of Investments in Securities and other Net Assets as of 30 November 2019
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Transferable securities and money market instruments listed on an official stock exchange |  |  |  |
| Asset Backed Securities, floating rate |  |  |  |
| USD |  |  |  |
| USD	LONGFELLOW PLACE CLO LTD-144A 3M LIBOR+450BP 17-15.04.29 | 3 000 000.00 | 2 992 089.30 | 0.96 |
| Total USD |  | 2 992 089.30 | 0.96 |
| Total Asset Backed Securities, floating rate |  | 2 992 089.30 | 0.96 |
| Notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ALTICE FRANCE-REG-S 5.87500% 18-01.02.27 | 1 225 000.00 | 1 502 772.13 | 0.48 |
| EUR	ARD FINANCE SA-REG-S (PIK) 5.00000% 19-30.06.27 | 1 035 000.00 | 1 137 676.13 | 0.37 |
| EUR	BALL CORP 4.37500% 15-15.12.23 | 1 550 000.00 | 1 952 566.77 | 0.63 |
| EUR	COGENT COMMUNICATIONS GROUP INC-REG-S 4.37500% 19-30.06.24 | 850 000.00 | 957 614.94 | 0.31 |
| EUR	DEMIRE DUTCH MITSTND REL EST AG-REG-S 1.87500% 19-15.10.24 | 2 600 000.00 | 2 899 871.08 | 0.93 |
| EUR	DIGI COMMUNICATIONS NV-REG-S 5.00000% 16-15.10.23 | 1 920 000.00 | 2 177 193.96 | 0.70 |
| EUR	DKT FINANCE APS-REG-S 7.00000% 18-17.06.23 | 2 500 000.00 | 2 908 272.89 | 0.93 |
| EUR	INFOR US INC 5.75000% 16-15.05.22 | 1 700 000.00 | 1 896 913.04 | 0.61 |
| EUR	INTERNATIONAL GAME TECHNOLOGY PLC-REG-S 4.75000% 15-15.02.23 | 2 160 000.00 | 2 610 251.14 | 0.84 |
| EUR	SOFTBANK GROUP CORP-REG-S 4.00000% 18-20.04.23 | 3 300 000.00 | 3 876 943.38 | 1.25 |
| EUR	VALEANT PHARMACEUTICALS INTL-REG-S 4.50000% 15-15.05.23 | 3 300 000.00 | 3 684 062.25 | 1.18 |
| Total EUR |  | 25 604 137.71 | 8.23 |
| GBP |  |  |  |
| GBP	PINNACLE BIDCO PLC-REG-S 6.37500% 18-15.02.25 | 1 600 000.00 | 2 195 328.20 | 0.71 |
| Total GBP |  | 2 195 328.20 | 0.71 |
| USD |  |  |  |
| USD	ANIXTER INC 5.12500% 14-01.10.21 | 3 100 000.00 | 3 242 600.00 | 1.04 |
| USD	ARCELORMITTAL 6.12500% 15-01.06.25 | 1 274 000.00 | 1 444 471.39 | 0.46 |
| USD	BARCLAYS BANK PLC-144A-SUB 10.17900% 09-12.06.21 | 2 450 000.00 | 2 731 547.39 | 0.88 |
| USD	BED BATH & BEYOND INC 3.74900% 14-01.08.24 | 1 000 000.00 | 982 500.00 | 0.32 |
| USD	BOMBARDIER INC-144A 8.75000% 16-01.12.21 | 1 800 000.00 | 1 948 500.00 | 0.63 |
| USD	CALLON PETROLEUM CO 6.12500% 17-01.10.24 | 1 325 000.00 | 1 258 750.00 | 0.40 |
| USD	CENTURYLINK INC 6.45000% 11-15.06.21 | 1 350 000.00 | 1 417 500.00 | 0.46 |
| USD	CENTURYLINK INC 6.75000% 13-01.12.23 | 1 240 000.00 | 1 379 500.00 | 0.44 |
| USD	CODERE FINANCE 2 LUX SA-144A 7.62500% 16-01.11.21 | 2 500 000.00 | 2 254 830.00 | 0.72 |
| USD	GEMS MENASA CAYMAN LTD/GEDL-144A 7.12500% 19-31.07.26 | 1 870 000.00 | 1 964 084.38 | 0.63 |
| USD	INTERNATIONAL GAME TECHNOLOGY PLC-144A 6.25000% 15-15.02.22 | 1 850 000.00 | 1 951 750.00 | 0.63 |
| USD	MGM RESORTS INTL-144A 6.62500% 12-15.12.21 | 800 000.00 | 870 800.00 | 0.28 |
| USD	NUSTAR LOGISTICS LP 4.80000% 10-01.09.20 | 3 000 000.00 | 3 021 562.50 | 0.97 |
| USD	QUESTAR MARKET RESOURCES INC 6.87500% 10-01.03.21 | 625 000.00 | 633 875.00 | 0.20 |
| USD	SM ENERGY CO 6.12500% 15-15.11.22 | 1 850 000.00 | 1 803 750.00 | 0.58 |
| USD	SPRINGLEAF FINANCE CORP 7.75000% 13-01.10.21 | 2 500 000.00 | 2 731 250.00 | 0.88 |
| USD	TENET HEALTHCARE CORP 4.62500% 17-15.07.24 | 1 000 000.00 | 1 035 000.00 | 0.33 |
| USD	TRANSOCEAN PHOENIX 2 LTD-144A 7.75000% 16-15.10.24 | 1 500 000.00 | 1 092 000.00 | 0.35 |
| Total USD |  | 31 764 270.66 | 10.20 |
| Total Notes, fixed rate |  | 59 563 736.57 | 19.14 |
| Notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	ARENA LUXEMBOURG FIN SARL-REG-S 3M EURIBOR+275BP 17-01.11.23 | 2 700 000.00 | 2 991 404.96 | 0.96 |
| EUR	BORMIOLI PHARMA BIDCO SPA-REG-S 3M EURIBOR+350BP 17-15.11.24 | 2 900 000.00 | 2 813 720.09 | 0.90 |
| EUR	LINCOLN FINANCING SARL-REG-S 3M EURIBOR+387.5BP 19-01.04.24 | 2 350 000.00 | 2 597 126.56 | 0.84 |
| EUR	MARCOLIN SPA-REG-S 3M EURIBOR+412.5BP 17-15.02.23 | 551 000.00 | 609 336.97 | 0.20 |
| EUR	UNITED GROUP BV-REG-S 3M EURIBOR+412.5BP 19-15.05.25 | 2 410 000.00 | 2 657 266.00 | 0.85 |
| Total EUR |  | 11 668 854.58 | 3.75 |
| GBP |  |  |  |
| GBP	MILLER HOMES GROUP HOLD PLC-REG-S 3M LIBOR+525BP 17-15.10.23 | 1 600 000.00 | 2 077 361.41 | 0.67 |
| GBP	PREMIER FOODS FINANCE PLC-REG-S 3M LIBOR+500BP 17-15.07.22 | 2 500 000.00 | 3 230 593.86 | 1.04 |
| Total GBP |  | 5 307 955.27 | 1.71 |
| USD |  |  |  |
| USD	GENERAL MOTORS FINANCIAL CO INC 3M LIBOR+131BP 17-30.06.22 | 2 000 000.00 | 2 011 015.60 | 0.65 |
| USD	MORGAN STANLEY-SUB STEP DOWN 14-PRP | 1 500 000.00 | 1 505 700.00 | 0.48 |
| USD	PETROBRAS GLOBAL FINANCE BV 3M LIBOR+288BP 14-17.03.20 | 2 000 000.00 | 2 003 590.00 | 0.64 |
| Total USD |  | 5 520 305.60 | 1.77 |
| Total Notes, floating rate |  | 22 497 115.45 | 7.23 |
| Medium term notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	CONSTELLIUM SE-REG-S 4.62500% 14-15.05.21 | 2 750 000.00 | 2 025 294.38 | 0.65 |
| EUR	FIAT CHRYSLER AUTOMOBILES NV-REG-S 3.75000% 16-29.03.24 | 1 750 000.00 | 2 172 364.57 | 0.70 |
| EUR	ORANO SA 4.87500% 09-23.09.24 | 900 000.00 | 1 148 633.55 | 0.37 |
| EUR	SAIPEM FINANCE INTERNATIONAL BV-REG-S 2.75000% 17-05.04.22 | 2 500 000.00 | 2 887 433.75 | 0.93 |
| Total EUR |  | 8 233 726.25 | 2.65 |
| GBP |  |  |  |
| GBP	JERROLD FINCO PLC-REG-S 6.25000% 16-15.09.21 | 1 300 000.00 | 1 715 853.62 | 0.55 |
| Total GBP |  | 1 715 853.62 | 0.55 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| USD |  |  |  |  |
| USD | NAVIENT CORP 8.00000% 10-25.03.20 | 955 000.00 | 968 436.85 | 0.31 |
| Total USD |  |  | 968 436.85 | 0.31 |
| Total Medium term notes, fixed rate |  | 10 918 016.72 | 3.51 |
| Medium term notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	CAIXABANK SA-REG-S-SUB 2.750%/VAR 17-14.07.28 | 3 000 000.00 | 3 486 154.93 | 1.12 |
| Total EUR |  | 3 486 154.93 | 1.12 |
| Total Medium term notes, floating rate |  | 3 486 154.93 | 1.12 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ALTICE FRANCE-REG-S 2.50000% 19-15.01.25 | 1 475 000.00 | 1 642 598.35 | 0.53 |
| EUR	CONSTANTIN INVEST-REG-S 5.37500% 17-15.04.25 | 1 500 000.00 | 1 703 331.77 | 0.55 |
| EUR	IRON MOUNTAIN INC-REG-S 3.00000% 17-15.01.25 | 1 330 000.00 | 1 504 483.26 | 0.48 |
| EUR	ITALY, REPUBLIC OF-BTP-REG-S 2.30000% 18-15.10.21 | 1 400 000.00 | 1 608 935.97 | 0.52 |
| EUR	MATTERHORN TELECOM SA-REG-S 2.62500% 19-15.09.24 | 1 910 000.00 | 2 162 367.98 | 0.70 |
| EUR	NEMAK SAB DE CV-REG-S 3.25000% 17-15.03.24 | 640 000.00 | 729 700.68 | 0.23 |
| EUR	SYNLAB UNSECURED BONDCO PLC-REG-S 8.25000% 15-01.07.23 | 1 200 000.00 | 1 382 263.46 | 0.44 |
| EUR	VERISURE MIDHOLDING AB-REG-S 5.75000% 17-01.12.23 | 2 700 000.00 | 3 062 609.33 | 0.98 |
| EUR	VIVION INVESTMENTS SARL-REG-S 3.00000% 19-08.08.24 | 900 000.00 | 987 378.30 | 0.32 |
| Total EUR |  | 14 783 669.10 | 4.75 |
| GBP |  |  |  |
| GBP	BRACKEN MIDCO1 PLC-REG-S (PIK) 8.87500% 18-15.10.23 | 1 005 000.00 | 1 274 256.74 | 0.41 |
| GBP	CPUK FINANCE LTD-REG-S 4.25000% 17-28.08.22 | 2 500 000.00 | 3 282 219.71 | 1.05 |
| GBP	GALAXY BIDCO LTD-REG-S 6.50000% 19-31.07.26 | 1 750 000.00 | 2 329 143.36 | 0.75 |
| GBP	VRGN MDIA RECVBLS FIN NOTS II DAC-REG-S 5.75000% 18-15.04.23 | 2 100 000.00 | 2 770 677.00 | 0.89 |
| Total GBP |  | 9 656 296.81 | 3.10 |
| USD |  |  |  |
| USD	ALLY FINANCIAL INC 4.62500% 15-19.05.22 | 2 750 000.00 | 2 875 058.17 | 0.92 |
| Total USD |  | 2 875 058.17 | 0.92 |
| Total Bonds, fixed rate |  | 27 315 024.08 | 8.77 |
| Bonds, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AUTODIS SA-REG-S 6M EURIBOR+437.5BP 16-01.05.22 | 300 000.00 | 284 036.52 | 0.09 |
| EUR	GARFUNKELUX HOLDCO 3 SA-REG-S 3M EURIBOR+350BP 17-01.09.23 | 1 200 000.00 | 1 140 714.68 | 0.37 |
| EUR	LSF10 WOLVERIN INVEST-REG-S 3M EURIBOR+462.50BP 18-15.03.24 | 1 120 000.00 | 932 009.06 | 0.30 |
| EUR	MASARIA INVESTMENTS SAU-REG-S 3M EURIBOR+525BP 17-15.09.24 | 2 000 000.00 | 2 212 477.16 | 0.71 |
| EUR	SYNLAB BONDCO PLC-REG-S 3M EURIBOR+350BP 16-01.07.22 | 2 750 000.00 | 3 035 606.66 | 0.97 |
| EUR	TRIVIUM PACKAGING FIN BV-REG-S 3M EURIBOR+375BP 19-15.08.26 | 2 330 000.00 | 2 607 593.87 | 0.84 |
| Total EUR |  | 10 212 437.95 | 3.28 |
| USD |  |  |  |
| USD	BANK OF AMERICA CORP-SUB 6.500%/VAR 14-PRP | 1 000 000.00 | 1 132 500.00 | 0.36 |
| USD	CITIGROUP INC-SUB 5.950%/3M LIBOR+406.8BP 12-PRP | 3 000 000.00 | 3 180 810.00 | 1.02 |
| USD	JPMORGAN CHASE & CO-SUB 6.000%/3M LIBOR+330BP 13-PRP | 1 500 000.00 | 1 608 180.00 | 0.52 |
| USD	JPMORGAN CHASE &CO-SUB 5.000%/VAR 14-PRP | 4 200 000.00 | 4 216 800.00 | 1.36 |
| Total USD |  | 10 138 290.00 | 3.26 |
| Total Bonds, floating rate |  | 20 350 727.95 | 6.54 |
| Treasury notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3M USTMMR+3.6BP 18-31.10.20 | 1 850 000.00 | 1 848 547.55 | 0.59 |
| Total USD |  | 1 848 547.55 | 0.59 |
| Total Treasury notes, floating rate |  | 1 848 547.55 | 0.59 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 148 971 412.55 | 47.86 |
| Transferable securities and money market instruments traded on another regulated market |  |  |  |
| Asset Backed Securities, floating rate |  |  |  |
| USD |  |  |  |
| USD	ARES XXVII CLO LTD-144A 3M LIBOR+375BP 17-28.07.29 | 1 000 000.00 | 981 072.00 | 0.32 |
| USD	CIFC FUNDING-144A 3M LIBOR+285BP 18-20.04.31 | 2 500 000.00 | 2 371 876.25 | 0.76 |
| USD	GALAXY XIX CLO LTD-144A 3M LIBOR+337BP 17-24.07.30 | 3 000 000.00 | 2 836 875.90 | 0.91 |
| USD	LCM XV LP-144A 3M LIBOR+370BP 17-20.07.30 | 250 000.00 | 242 988.67 | 0.08 |
| USD	SOUND POINT CLO XVII-144A 3M LIBOR+300BP 17-20.10.30 | 2 000 000.00 | 1 848 005.80 | 0.59 |
| USD	ZAIS CLO 7 LTD-144A 3M LIBOR+375BP 17-15.04.30 | 1 512 500.00 | 1 462 056.01 | 0.47 |
| Total USD |  | 9 742 874.63 | 3.13 |
| Total Asset Backed Securities, floating rate |  | 9 742 874.63 | 3.13 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |

Mortgage Backed Securities, floating rate
| USD |  |
| --- | --- |
| USD | ASHFORD HOSPITALITY TRT-144A-SUB 1M LIBOR+210BP 18-15.04.35 | 1 475 000.00 | 1 475 003.40 | 0.47 |
| USD | BAMLL COMMERCIAL MORT SET-144A 1M LIBOR+135BP 18-15.09.34 | 1 000 000.00 | 999 377.90 | 0.32 |
| USD | BX COMMERCIAL MORTGAGE TRUST-144A 1M LIBOR+170BP 18-15.11.35 | 2 500 000.00 | 1 921 156.44 | 0.62 |
| USD | BX TRUST 2017-APPL-144A-SUB 1M LIBOR+205BP 17-15.07.34 | 3 000 000.00 | 2 549 956.39 | 0.82 |
| USD | BX TRUST 2018-EXCL-144A-SUB FLR 18-15.09.37 | 4 000 000.00 | 3 626 643.95 | 1.17 |
| USD | CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+175BP 19-15.12.37 | 1 500 000.00 | 1 505 142.60 | 0.48 |
| USD | CSWF TOP-144A-SUB FLR 18-15.08.35 | 2 500 000.00 | 2 499 194.50 | 0.80 |
| USD | J.P. MORGAN CHASE COMMERCIAL-144A-SUB VAR 18-15.06.35 | 1 625 000.00 | 1 624 982.61 | 0.52 |
| USD | WELLS FARGO MORTGAG-144A-SUB 1M LIBOR+155.65BP 18-15.12.36 | 2 000 000.00 | 1 963 929.34 | 0.63 |
| Total USD |  |  | 18 165 387.13 | 5.83 |
| Total Mortgage Backed Securities, floating rate |  | 18 165 387.13 | 5.83 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	1011778 BC ULC/NEW RED FINANCE INC-144A 4.25000% 17-15.05.24 | 1 500 000.00 | 1 533 750.00 | 0.49 |
| USD	1011778 BC ULC/NEW RED FINANCE INC-144A 5.00000% 17-15.10.25 | 2 400 000.00 | 2 488 872.00 | 0.80 |
| USD	ANTERO RESOURCES CORP 5.37500% 14-01.11.21 | 1 400 000.00 | 1 293 250.00 | 0.42 |
| USD	ARDAGH PACKAGING FINANCE/MP-144A 4.25000% 17-15.09.22 | 2 500 000.00 | 2 531 250.00 | 0.81 |
| USD	AVON INTERNATIONAL OPERATIONS INC-144A 7.87500% 16-15.08.22 | 625 000.00 | 650 781.25 | 0.21 |
| USD	BERRY PLASTICS CORP 5.50000% 14-15.05.22 | 2 100 000.00 | 2 128 875.00 | 0.68 |
| USD	BUILDERS FIRSTSOURCE INC-144A 5.62500% 16-01.09.24 | 2 612 000.00 | 2 716 480.00 | 0.87 |
| USD	CASCADES INC-144A 5.50000% 14-15.07.22 | 3 000 000.00 | 3 045 600.00 | 0.98 |
| USD	CCO HOLDINGS LLC/CAPITAL CORP-144A 5.87500% 16-01.04.24 | 4 500 000.00 | 4 691 250.00 | 1.51 |
| USD	CHENIERE CORPUS CHRISTI HLDGS LLC 5.87500% 17-31.03.25 | 1 300 000.00 | 1 453 010.00 | 0.47 |
| USD	COGENT COMMUNICATIONS GROUP INC-144A 5.37500% 15-01.03.22 | 3 560 000.00 | 3 711 300.00 | 1.19 |
| USD	CONTINENTAL RESOURCES INC 5.00000% 12-15.09.22 | 2 580 000.00 | 2 594 674.78 | 0.83 |
| USD	CORECIVIC INC 4.12500% 13-01.04.20 | 2 715 000.00 | 2 716 357.50 | 0.87 |
| USD	CSC HOLDINGS LLC-144A 5.37500% 18-15.07.23 | 2 850 000.00 | 2 927 905.89 | 0.94 |
| USD	CSN RESOURCES SA-144A 7.62500% 18-13.02.23 | 1 300 000.00 | 1 356 062.50 | 0.44 |
| USD	DCP MIDSTREAM OPERATING LP-144A 4.75000% 11-30.09.21 | 3 800 000.00 | 3 871 250.00 | 1.24 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 5.45000% 16-15.06.23 | 3 900 000.00 | 4 226 506.83 | 1.36 |
| USD	GENESIS ENERGY LP 6.00000% 15-15.05.23 | 2 200 000.00 | 2 055 834.00 | 0.66 |
| USD	GFL ENVIRONMENTAL INC-144A 5.62500% 17-01.05.22 | 1 030 000.00 | 1 037 725.00 | 0.33 |
| USD	HCA INC 5.87500% 12-01.05.23 | 1 740 000.00 | 1 918 350.00 | 0.62 |
| USD	JBS USA LLC/JBS USA FINANCE INC-144A 5.87500% 14-15.07.24 | 2 415 000.00 | 2 483 078.85 | 0.80 |
| USD	JSL EUROPE SA-144A 7.75000% 17-26.07.24 | 1 015 000.00 | 1 086 430.63 | 0.35 |
| USD	LADDER CAPITAL FIN HLDG LLLP/CORP-144A 5.25000% 17-15.03.22 | 2 000 000.00 | 2 075 000.00 | 0.67 |
| USD	LAMAR MEDIA CORPORATION-SUB 5.00000% 13-01.05.23 | 1 000 000.00 | 1 017 500.00 | 0.33 |
| USD	LEVEL 3 FINANCING INC 5.62500% 15-01.02.23 | 2 100 000.00 | 2 107 875.00 | 0.68 |
| USD	MATTEL INC-144A 6.75000% 17-31.12.25 | 715 000.00 | 748 962.50 | 0.24 |
| USD	NABORS INDUSTRIES INC 5.00000% 10-15.09.20 | 464 000.00 | 461 320.40 | 0.15 |
| USD	NABORS INDUSTRIES INC 4.62500% 12-15.09.21 | 4 400 000.00 | 4 180 000.00 | 1.34 |
| USD	NAVIENT CORP 6.62500% 16-26.07.21 | 1 600 000.00 | 1 696 016.00 | 0.54 |
| USD	NCR CORP 5.00000% 13-15.07.22 | 2 975 000.00 | 3 004 006.25 | 0.96 |
| USD	NETFLIX INC 5.87500% 15-15.02.25 | 3 000 000.00 | 3 285 750.00 | 1.06 |
| USD	NIELSEN FINANCE LLC/CO-144A 5.00000% 14-15.04.22 | 2 725 000.00 | 2 742 031.25 | 0.88 |
| USD	NOVA CHEMICALS CORP-144A 5.25000% 13-01.08.23 | 2 100 000.00 | 2 115 750.00 | 0.68 |
| USD	NUSTAR LOGISTICS LP 6.75000% 13-01.02.21 | 85 000.00 | 87 898.50 | 0.03 |
| USD	NXP BV / NXP FUNDING LLC-144A 4.62500% 16-01.06.23 | 1 000 000.00 | 1 066 168.70 | 0.34 |
| USD	OASIS PETROLEUM INC-144A 6.25000% 18-01.05.26 | 575 000.00 | 412 562.50 | 0.13 |
| USD	PARTY CITY HOLDINGS INC-144A 6.12500% 15-15.08.23 | 3 075 000.00 | 2 352 375.00 | 0.76 |
| USD	PRESTIGE BRANDS INC-144A 6.37500% 16-01.03.24 | 1 070 000.00 | 1 114 137.50 | 0.36 |
| USD	PRIME SEC SER BORROWER LLC/FIN INC-144A 9.25000% 16-15.05.23 | 374 000.00 | 393 167.50 | 0.13 |
| USD	SCIENTIFIC GAMES INTERNATIONAL-144A 5.00000% 17-15.10.25 | 2 300 000.00 | 2 402 419.00 | 0.77 |
| USD	SERVICE CORP INTERNATIONAL/US 5.37500% 14-15.05.24 | 1 100 000.00 | 1 133 000.00 | 0.36 |
| USD	SIRIUS XM RADIO INC-144A 4.62500% 19-15.07.24 | 3 000 000.00 | 3 142 500.00 | 1.01 |
| USD	SPRINT CORP 7.25000% 14-15.09.21 | 2 200 000.00 | 2 333 100.00 | 0.75 |
| USD	UPCB FINANCE IV LTD-144A 5.37500% 15-15.01.25 | 2 145 000.00 | 2 203 987.50 | 0.71 |
| USD	WASTE PRO USA INC-144A 5.50000% 18-15.02.26 | 500 000.00 | 516 250.00 | 0.17 |
| USD	WILLIAM CARTER COMPANY-144A 5.62500% 19-15.03.27 | 330 000.00 | 355 575.00 | 0.11 |
| Total USD |  | 93 465 946.83 | 30.03 |
| Total Notes, fixed rate |  | 93 465 946.83 | 30.03 |
| Notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	CAPITAL ONE FINANCIAL CORP 3M LIBOR+72BP 18-30.01.23 | 3 000 000.00 | 3 003 718.80 | 0.96 |
| USD	MACQUARIE GROUP LTD-144A 3.189%/VAR 17-28.11.23 | 1 000 000.00 | 1 020 970.00 | 0.33 |
| USD	REYNOLDS GROUP INC/LLC/LUX-144A 3M LIBOR+350BP 16-15.07.21 | 6 630 000.00 | 6 646 575.00 | 2.14 |
| Total USD |  | 10 671 263.80 | 3.43 |
| Total Notes, floating rate |  | 10 671 263.80 | 3.43 |
| Medium term notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	GOLDMAN SACHS GROUP 3M LIBOR+160BP 13-29.11.23 | 2 500 000.00 | 2 586 182.00 | 0.83 |
| Total USD |  | 2 586 182.00 | 0.83 |
| Total Medium term notes, floating rate |  | 2 586 182.00 | 0.83 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 134 631 654.39 | 43.25 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019
| Description	Quantity/ | Valuation in USD | as a % |
| --- | --- | --- |
| Nominal | Unrealized gain | of net |
|  | (loss) on Futures/ | assets |
|  | Forward |  |
|  | Exchange Contracts/ |  |
|  | Swaps (Note 1) |  |

Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market
Notes, fixed rate
| USD |  |
| --- | --- |
| USD | CASCADES INC/CASCADES USA INC-144A 5.12500% 19-15.01.26 | 670 000.00 | 677 821.51 | 0.22 |
| USD | JACK OHIO FIN/ JO FINANCE 1 CORP-144A 6.75000% 16-15.11.21 | 84 000.00 | 85 680.00 | 0.02 |
| Total USD |  |  | 763 501.51 | 0.24 |
| Total Notes, fixed rate | 763 501.51 | 0.24 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market | 763 501.51 | 0.24 |
| Recently issued transferable securities and money market instruments |  |  |
| Notes, fixed rate |  |  |
| USD |  |  |
| USD	AVON INTERNATIONAL CAPITAL PLC-144A 6.50000% 19-15.08.22	1 700 000.00 | 1 763 750.00 | 0.57 |
| Total USD | 1 763 750.00 | 0.57 |
| Total Notes, fixed rate | 1 763 750.00 | 0.57 |
| Total Recently issued transferable securities and money market instruments | 1 763 750.00 | 0.57 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Luxembourg |  |  |
| EUR	UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC	50 000.00 | 7 335 597.80 | 2.36 |
| USD	UBS (LUX) BOND SICAV - ASIAN HIGH YIELD (USD) U-X-ACC	651.00 | 7 591 721.13 | 2.44 |
| Total Luxembourg | 14 927 318.93 | 4.80 |
| Total Investment funds, open end | 14 927 318.93 | 4.80 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 14 927 318.93 | 4.80 |
| Total investments in securities | 301 057 637.38 | 96.72 |

| Derivative instruments |  |  |
| --- | --- | --- |
| Derivative instruments not listed on an official stock exchange and not traded on another | regulated market |
| Swaps and forward swaps on interest rates |  |
|  |  |  |  |
| USD	CME/INTEREST RATE SWAP PAYER 7.50000% 17-05.12.19 USD	CME/INTEREST RATE SWAP REC 3ML 17-05.12.19 | -5 500 000.00 | -100 998.61 | -0.03 |
| USD	CME/INTEREST RATE SWAP PAYER 5.25000% 17-05.12.21 USD	CME/INTEREST RATE SWAP REC 3ML 17-05.12.21 | -10 000 000.00 | -235 654.17 | -0.08 |
| USD	CME/INTEREST RATE SWAP PAYER 6.20000% 17-14.12.21 USD	CME/INTEREST RATE SWAP REC 3ML 17-14.12.21 | -2 700 000.00 | -74 276.53 | -0.02 |
| USD	CME/INTEREST RATE SWAP PAYER 6.50000% 17-14.12.19 USD	CME/INTEREST RATE SWAP REC 3ML 17-14.12.19 | -1 700 000.00 | -27 842.56 | -0.01 |
| USD	CME/INTEREST RATE SWAP PAYER 6.10000% 17-15.12.22 USD	CME/INTEREST RATE SWAP REC 3ML 17-15.12.22 | -2 700 000.00 | -88 569.60 | -0.03 |
| USD	CME/INTEREST RATE SWAP PAYER 5.50000% 17-18.12.22 USD	CME/INTEREST RATE SWAP REC 3ML 17-18.12.22 | -6 000 000.00 | -194 640.98 | -0.06 |
| USD	CME/INTEREST RATE SWAP PAYER 3.84000% 18-03.07.21 USD	CME/INTEREST RATE SWAP REC 3ML 18-03.07.21 | -8 000 000.00 | -145 381.49 | -0.05 |
| EUR	LCH/INTEREST RATE SWAP PAYER 5.60000% 18-13.02.21 EUR	LCH/INTEREST RATE SWAP REC 6ME 18-13.02.21 | -25 000 000.00 | -949 308.51 | -0.30 |
| EUR	LCH/INTEREST RATE SWAP PAYER 3.29000% 18-26.03.22 EUR	LCH/INTEREST RATE SWAP REC 6ME 18-26.03.22 | -7 000 000.00 | -236 675.40 | -0.08 |
| EUR	LCH/INTEREST RATE SWAP PAYER 3.73000% 18-30.05.23 EUR	LCH/INTEREST RATE SWAP REC 6ME 18-30.05.23 | -7 000 000.00 | -312 072.57 | -0.10 |
| EUR	LCH/INTEREST RATE SWAP PAYER 3.01000% 18-30.05.21 EUR	LCH/INTEREST RATE SWAP REC 6ME 18-30.05.21 | -5 000 000.00 | -111 242.88 | -0.04 |
| GBP	LCH/INTEREST RATE SWAP PAYER 6.39000% 18-30.05.20 GBP	LCH/INTEREST RATE SWAP REC 6ML 18-30.05.20 | -5 500 000.00 | -3 759.56 | 0.00 |
| USD	CME/INTEREST RATE SWAP PAYER 5.88000% 18-07.06.21 USD	CME/INTEREST RATE SWAP REC 3ML 18-07.06.21 | -8 000 000.00 | -273 878.74 | -0.09 |
| USD	CME/INTEREST RATE SWAP PAYER 6.31000% 18-18.06.20 USD	CME/IINTEREST RATE SWAP REC 3ML 18-18.06.20 | -10 000 000.00 | -224 042.84 | -0.07 |
| EUR	LCH/INTEREST RATE SWAP PAYER 4.88000% 18-08.02.22 EUR	LCH/INTEREST RATE SWAP REC 6ME 18-08.02.22 | -6 000 000.00 | -234 386.29 | -0.08 |
| USD	CME/INTEREST RATE SWAP PAYER 7.54000% 18-04.09.20 USD	CME/INTEREST RATE SWAP REC 3ML 18-04.09.20 | -8 000 000.00 | -75 914.61 | -0.02 |
| EUR	LCH/INTEREST RATE SWAP PAYER 3.70000% 18-02.10.22 EUR	LCH/INTEREST RATE SWAP REC 6ME 18-02.10.22 | -10 000 000.00 | -186 269.72 | -0.06 |
| USD	CME/INTEREST RATE SWAP PAYER 6.59000% 18-02.11.22 USD	CME/INTEREST RATE SWAP REC 3ML 18-02.11.22 | -10 000 000.00 | -450 009.37 | -0.14 |
| USD	CME/INTEREST RATE SWAP PAYER 5.19000% 18-13.11.20 USD	CME/INTEREST RATE SWAP REC 3ML 18-13.11.20 | -10 000 000.00 | -138 153.08 | -0.04 |
| USD	CME/INTEREST RATE SWAP PAYER 5.77000% 19-02.01.22 USD	CME/INTEREST RATE SWAP REC 3ML 19-02.01.22 | -20 000 000.00 | -714 689.11 | -0.23 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019
|  | Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
|  |  |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.70000% 19-28.02.24 | -11 000 000.00 | -576 248.61 | -0.19 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-28.02.24 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.00000% 19-05.10.22 | -10 000 000.00 | -220 556.75 | -0.07 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-05.10.22 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.30000% 19-02.01.23 | -11 500 000.00 | -196 108.03 | -0.06 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-02.01.23 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.00000% 19-02.02.25 | -5 000 000.00 | -135 480.55 | -0.04 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-02.02.25 |  |  |  |
| EUR | CME/INTEREST RATE SWAP PAYER 3.40000% 19-04.11.23 | -5 000 000.00 | 7 555.84 | 0.00 |
| EUR | CME/INTEREST RATE SWAP REC 6MEIB 19-04.11.23 |  |  |  |
| EUR | CME/INTEREST RATE SWAP PAYER 4.00000% 19-04.11.22 | -10 000 000.00 | 11 281.80 | 0.00 |
| EUR | CME/INTEREST RATE SWAP REC 6MEIB 19-04.11.22 |  |  |  |
| Total Swaps and forward swaps on interest rates |  | -5 887 322.92 | -1.89 |
| Swaps and forward swaps on indices |  |  |  |
|  |  |  |  |
| EUR	MS/IBOXX EUR LIQUID HY EQS REC PERF 19-20.03.20 | 11 999 999.91 | 12 105.03 | 0.00 |
| EUR	MS/IBOXX EUR LIQUID HY INDEX SWAP PAYER 3ML 19-20.03.20 |  |  |  |
| Total Swaps and forward swaps on indices |  | 12 105.03 | 0.00 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market |  | -5 875 217.89 | -1.89 |
| Total Derivative instruments |  | -5 875 217.89 | -1.89 |
| Forward Foreign Exchange contracts |  |  |  |
| Forward Foreign Exchange contracts (Purchase/Sale) |  |  |  |

| USD | 18 963 301.25 | GBP | 14 635 000.00 | 14.1.2020 | -520.57 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 82 337 418.29 | EUR | 73 995 000.00 | 14.1.2020 | 486 167.58 | 0.16 |
| EUR | 95 585 500.00 | USD | 106 362 096.03 | 14.1.2020 | -628 023.13 | -0.20 |
| CHF | 24 481 100.00 | USD | 24 816 595.56 | 14.1.2020 | -228 067.51 | -0.08 |
| EUR | 1 980 000.00 | USD | 2 196 932.36 | 14.1.2020 | -6 710.37 | 0.00 |
| USD | 209 834.01 | CHF | 208 100.00 | 14.1.2020 | 820.82 | 0.00 |
| USD | 509 374.66 | EUR | 460 500.00 | 14.1.2020 | -17.88 | 0.00 |
| USD | 373 824.76 | EUR | 339 000.00 | 14.1.2020 | -1 167.79 | 0.00 |
| Total Forward Foreign Exchange contracts (Purchase/Sale) | -377 518.85 | -0.12 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 15 601 653.52 | 5.01 |
| Bank overdraft and other short-term liabilities | -2 750 400.45 | -0.88 |
| Other assets and liabilities | 3 621 029.95 | 1.16 |
| Total net assets | 311 277 183.66 | 100.00 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Semi-Annual Report as of 30 November 2019

Translation (ENDE, 2019-11-30):
# UBS (Lux) Bond SICAV – Floating Rate Income (USD)
| Wichtigste Daten |  |
| --- | --- |
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| Nettovermögen in USD |  | 311 277 183.66 | 389 562 979.96 | 537 201 144.90 |
| Klasse I-X-acc | LU1776430768 |  |  |  |
| Aktien im Umlauf |  | 64 737.6420 | 66 196.6420 | 71 166.3090 |
| Nettoinventarwert pro Aktie in USD |  | 107.52 | 104.60 | 99.99 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 107.52 | 104.60 | 99.99 |
| Klasse K-1-acc | LU1679116258 |  |  |  |
| Aktien im Umlauf |  | 0.8000 | 1.6000 | 3.5000 |
| Nettoinventarwert pro Aktie in USD |  | 5 328 239.16 | 5 207 475.24 | 5 024 846.35 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 5 328 239.16 | 5 207 475.24 | 5 024 846.35 |
| Klasse K-1-mdist | LU1692484782 |  |  |  |
| Aktien im Umlauf |  | 2.0000 | 2.2000 | 4.6000 |
| Nettoinventarwert pro Aktie in USD |  | 4 893 586.19 | 4 891 625.20 | 4 937 067.89 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 4 893 586.19 | 4 891 625.20 | 4 937 067.89 |
| Klasse (HKD) K-1-mdist | LU1692484865 |  |  |  |
| Aktien im Umlauf |  | 1.6000 | 3.0000 | 4.3000 |
| Nettoinventarwert pro Aktie in HKD |  | 39 238 818.54 | 39 283 149.59 | 39 666 676.17 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | 39 238 818.54 | 39 283 149.59 | 39 666 676.17 |
| Klasse (EUR hedged) K-X-acc 2 | LU1856011025 |  |  |  |
| Aktien im Umlauf |  | 25 998.0100 | 26 601.3650 | - |
| Nettoinventarwert pro Aktie in EUR |  | 102.32 | 100.92 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 102.32 | 100.92 | - |
| Klasse P-acc | LU1679112000 |  |  |  |
| Aktien im Umlauf |  | 275 536.9050 | 350 465.1740 | 997 487.7770 |
| Nettoinventarwert pro Aktie in USD |  | 105.71 | 103.52 | 100.29 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 105.71 | 103.52 | 100.29 |
| Klasse (CHF hedged) P-acc | LU1679114808 |  |  |  |
| Aktien im Umlauf |  | 14 648.3770 | 16 126.8550 | 23 176.5540 |
| Nettoinventarwert pro Aktie in CHF |  | 99.29 | 98.79 | 98.90 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 99.29 | 98.79 | 98.90 |
| Klasse (EUR hedged) P-acc | LU1679113404 |  |  |  |
| Aktien im Umlauf |  | 274 260.4980 | 319 305.0850 | 291 694.5520 |
| Nettoinventarwert pro Aktie in EUR |  | 100.09 | 99.37 | 99.12 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 100.09 | 99.37 | 99.12 |
| Klasse (GBP hedged) P-acc 3 | LU1685801778 |  |  |  |
| Aktien im Umlauf |  | - | 9 626.9400 | 28 869.5030 |
| Nettoinventarwert pro Aktie in GBP |  | - | 101.05 | 99.59 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | - | 101.05 | 99.59 |
| Klasse P-dist | LU1679112349 |  |  |  |
| Aktien im Umlauf |  | 47 827.4420 | 75 450.5260 | 103 013.4420 |
| Nettoinventarwert pro Aktie in USD |  | 100.12 | 101.06 | 100.30 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 100.12 | 101.06 | 100.30 |
| Klasse (CHF hedged) P-dist | LU1679115102 |  |  |  |
| Aktien im Umlauf |  | 37 480.7490 | 36 415.7490 | 46 958.9300 |
| Nettoinventarwert pro Aktie in CHF |  | 93.87 | 96.38 | 98.90 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 93.87 | 96.38 | 98.90 |
| Klasse (EUR hedged) P-dist | LU1679113743 |  |  |  |
| Aktien im Umlauf |  | 74 262.5880 | 79 094.7610 | 137 568.2920 |
| Nettoinventarwert pro Aktie in EUR |  | 94.55 | 96.91 | 99.12 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 94.55 | 96.91 | 99.12 |
| Klasse P-mdist | LU1679116506 |  |  |  |
| Aktien im Umlauf |  | 172 383.6680 | 214 518.9170 | 532 655.3280 |
| Nettoinventarwert pro Aktie in USD |  | 97.09 | 97.25 | 98.55 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 97.09 | 97.25 | 98.55 |
| Klasse (HKD) P-mdist | LU1692484949 |  |  |  |
| Aktien im Umlauf |  | 54 570.4910 | 81 511.2990 | 186 592.7160 |
| Nettoinventarwert pro Aktie in HKD |  | 973.09 | 976.23 | 989.71 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | 973.09 | 976.23 | 989.71 |
| Klasse Q-acc | LU1679112851 |  |  |  |
| Aktien im Umlauf |  | 642 993.1860 | 782 983.7680 | 706 858.6640 |
| Nettoinventarwert pro Aktie in USD |  | 106.87 | 104.38 | 100.57 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 106.87 | 104.38 | 100.57 |
| Klasse (CHF hedged) Q-acc | LU1679115524 |  |  |  |
| Aktien im Umlauf |  | 144 763.7820 | 219 176.7060 | 249 599.2130 |
| Nettoinventarwert pro Aktie in CHF |  | 100.39 | 99.60 | 99.17 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 100.39 | 99.60 | 99.17 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019
|  | ISIN | 30.11.2019 | 31.5.2019 | 31.5.2018 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Klasse (EUR hedged) Q-acc | LU1679114121 |  |  |  |
| Aktien im Umlauf |  | 501 190.4350 | 613 224.8740 | 545 963.8860 |
| Nettoinventarwert pro Aktie in EUR |  | 101.20 | 100.19 | 99.40 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 101.20 | 100.19 | 99.40 |
| Klasse (GBP hedged) Q-acc 3 | LU1685808278 |  |  |  |
| Aktien im Umlauf |  | - | 16 091.1690 | 29 359.3080 |
| Nettoinventarwert pro Aktie in GBP |  | - | 101.89 | 99.87 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | - | 101.89 | 99.87 |
| Klasse Q-dist | LU1679113156 |  |  |  |
| Aktien im Umlauf |  | 93 055.5330 | 101 020.3900 | 339 477.6510 |
| Nettoinventarwert pro Aktie in USD |  | 100.41 | 101.62 | 100.57 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 100.41 | 101.62 | 100.57 |
| Klasse (CHF hedged) Q-dist | LU1679115953 |  |  |  |
| Aktien im Umlauf |  | 56 016.0000 | 70 701.0000 | 85 847.1040 |
| Nettoinventarwert pro Aktie in CHF |  | 94.11 | 96.89 | 99.17 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 94.11 | 96.89 | 99.17 |
| Klasse (EUR hedged) Q-dist | LU1679114550 |  |  |  |
| Aktien im Umlauf |  | 94 389.2010 | 110 110.4120 | 97 027.8260 |
| Nettoinventarwert pro Aktie in EUR |  | 94.76 | 97.42 | 99.39 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 94.76 | 97.42 | 99.39 |
| Klasse (GBP hedged) Q-dist 3 | LU1685817428 |  |  |  |
| Aktien im Umlauf |  | - | 13 494.7820 | 26 507.7820 |
| Nettoinventarwert pro Aktie in GBP |  | - | 99.09 | 99.87 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | - | 99.09 | 99.87 |
| Klasse Q-mdist 4 | LU1891428382 |  |  |  |
| Aktien im Umlauf |  | 19 280.1160 | 24 124.1560 | - |
| Nettoinventarwert pro Aktie in USD |  | 100.01 | 99.90 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 100.01 | 99.90 | - |
| Klasse U-X-UKdist-mdist 5 | LU1839734529 |  |  |  |
| Aktien im Umlauf |  | 1 326.0000 | 1 326.0000 | - |
| Nettoinventarwert pro Aktie in USD |  | 10 031.27 | 10 046.49 | - |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 10 031.27 | 10 046.49 | - |
| 1  Siehe Erläuterung 1 2  Erste NAV 2.11.2018 |  |  |  |  |

3 
Für die Periode vom 1.12.2017 bis zum 14.10.2019 waren die Aktienklassen (GBP hedged) P-acc, (GBP hedged) Q-acc und (GBP hedged) Q-dist im Umlauf
4 
Erste NAV 5.11.2018
5 
Erste NAV 9.7.2018

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
Vereinigte Staaten	48.04
Luxemburg	10.17
Grossbritannien	8.45
Kanada	5.31
Cayman-Inseln	5.15
Niederlande	4.80
Frankreich	2.02
Spanien	1.83
Irland	1.70
Italien	1.62
Japan	1.25
Jersey	1.06
Schweden	0.98
Dänemark	0.93
Deutschland	0.93
Slowenien	0.85
Vereinigte Arabische Emirate	0.63
Brasilien	0.44
Australien	0.33
Mexiko	0.23
Total	96.72
Wirtschaftliche Aufteilung in % des Nettovermögens	
Finanz- & Beteiligungsgesellschaften	34.92
Pfandbriefinstitute & Refinanzierungsgesellschaften	9.85
Banken & Kreditinstitute	7.60
Telekommunikation	5.53
Anlagefonds	5.46
Internet, Software & IT-Dienste	5.15
Erdöl	4.56
Diverse Dienstleistungen	3.01
Immobilien	2.12
Computer & Netzwerkausrüster	2.01
Pharmazeutik, Kosmetik & medizinische Produkte	1.99
Gesundheits- & Sozialwesen	1.94
Verpackungsindustrie	1.44
Bergbau, Kohle & Stahl	1.11
Länder- & Zentralregierungen	1.11
Energie- & Wasserversorgung	1.03
Detailhandel, Warenhäuser	1.03
Forstwirtschaft, Holz & Papier	0.98
Fahrzeuge	0.93
Baugewerbe & Baumaterial	0.87
Nahrungsmittel & Softdrinks	0.80
Chemie	0.68
Maschinen & Apparate	0.63
Umwelt & Recycling	0.50
Diverse Konsumgüter	0.45
Elektronik & Halbleiter	0.34
Gastgewerbe & Freizeit	0.28
Photo & Optik	0.20
Textilien, Kleidung & Lederwaren	0.11
Diverse Handelsfirmen	0.09
Total	96.72
UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019

## Nettovermögensaufstellung
Aktiva	30.11.2019
USD
Wertpapierbestand, Einstandswert	307 677 481.90
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	-6 619 844.52	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 301 057 637.38 |
| Bankguthaben, Sicht- und Fristgelder | 8 132 578.51 |
| Andere liquide Mittel (Margins) | 7 469 075.01 |
| Forderungen aus Wertpapierverkäufen (Erläuterung 1) | 957 687.40 |
| Forderungen aus Zeichnungen | 68 325.70 |
| Zinsforderungen aus Wertpapieren | 3 156 258.65 |
| Nicht realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten (Erläuterung 1) | -377 518.85 |
| Nicht realisierter Kursgewinn (-verlust) aus Swaps (Erläuterung 1) | -5 875 217.89 |
| Total Aktiva | 314 588 825.91 |
|  |  |
| Passiva |  |
| Kontokorrentkredit | -2 750 400.45 |
| Verbindlichkeiten aus Rücknahmen | -408 746.15 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -107 777.53 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -22 889.81 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-21 828.31	 |
| Total Rückstellungen für Aufwendungen | -152 495.65 |
| Total Passiva | -3 311 642.25 |
|  |  |
| Nettovermögen am Ende der Berichtsperiode | 311 277 183.66 |
| Ertrags- und Aufwandsrechnung | USD |
| Erträge | 1.6.2019-30.11.2019 |
| Zinsertrag auf liquide Mittel | 81 380.37 |
| Zinsen auf Wertpapiere | 8 253 088.59 |
| Zinsertrag auf Swaps (Erläuterung 1) | 7 691 275.09 |
| Sonstige Erträge (Erläuterung 4) | 15 493.20 |
| Total Erträge | 16 041 237.25 |
|  |  |
| Aufwendungen |  |
| Zinsaufwand auf Swaps (Erläuterung 1) | -8 445 162.55 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -1 577 041.07 |
| Abonnementsabgabe (Erläuterung 3) | -78 159.90 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -20 188.71 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -12 868.89 |
| Total Aufwendungen | -10 133 421.12 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | 5 907 816.13 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | -4 941 834.63 |
| Realisierter Kursgewinn (-verlust) aus Optionen | 195 750.00 |
| Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten | -715 544.35 |
| Realisierter Kursgewinn (-verlust) aus Swaps | -1 447 095.33 |
| Realisierter Währungsgewinn (-verlust) | 96 436.27 |
| Total der realisierten Gewinne (Verluste) | -6 812 288.04 |
|  |  |
| Realisierter Nettogewinn (-verlust) der Berichtsperiode | -904 471.91 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | 5 930 025.84 |
| Nicht realisierte Werterhöhung (-minderung) von Optionen | 61 476.00 |
| Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten | -560 064.05 |
| Nicht realisierte Werterhöhung (-minderung) von Swaps | 1 040 568.38 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 6 472 006.17 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 5 567 534.26 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019
| Veränderungen des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2019-30.11.2019 |
| Nettovermögen zu Beginn der Berichtsperiode | 389 562 979.96 |
| Zeichnungen | 26 286 937.90 |
| Rücknahmen | 	-107 000 428.99	 |
| Total Mittelzufluss (-abfluss) | -80 713 491.09 |
| Ausbezahlte Dividende | -3 139 839.47 |
| Nettoerträge (-verluste) aus Anlagen | 5 907 816.13 |
| Total der realisierten Gewinne (Verluste) | -6 812 288.04 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	6 472 006.17	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 5 567 534.26 |
| Nettovermögen am Ende der Berichtsperiode | 311 277 183.66 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2019-30.11.2019 |
| Klasse | I-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 66 196.6420 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -1 459.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 64 737.6420 |
| Klasse | K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 1.6000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -0.8000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 0.8000 |
| Klasse | K-1-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 2.2000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -0.2000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 2.0000 |
| Klasse | (HKD) K-1-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 3.0000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -1.4000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 1.6000 |
| Klasse | (EUR hedged) K-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 26 601.3650 |
| Anzahl der ausgegebenen Aktien | 127 665.9440 |
| Anzahl der zurückgegebenen Aktien | -128 269.2990 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 25 998.0100 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 350 465.1740 |
| Anzahl der ausgegebenen Aktien | 5 504.2760 |
| Anzahl der zurückgegebenen Aktien | -80 432.5450 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 275 536.9050 |
| Klasse | (CHF hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 16 126.8550 |
| Anzahl der ausgegebenen Aktien | 181.5880 |
| Anzahl der zurückgegebenen Aktien | -1 660.0660 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 14 648.3770 |
| Klasse | (EUR hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 319 305.0850 |
| Anzahl der ausgegebenen Aktien | 34 581.2430 |
| Anzahl der zurückgegebenen Aktien | -79 625.8300 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 274 260.4980 |
| Klasse | (GBP hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 9 626.9400 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -9 626.9400 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 0.0000 |
| Klasse | P-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 75 450.5260 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -27 623.0840 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 47 827.4420 |
| Klasse | (CHF hedged) P-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 36 415.7490 |
| Anzahl der ausgegebenen Aktien | 1 890.0000 |
| Anzahl der zurückgegebenen Aktien | -825.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 37 480.7490 |
| Klasse | (EUR hedged) P-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 79 094.7610 |
| Anzahl der ausgegebenen Aktien | 3 218.2880 |
| Anzahl der zurückgegebenen Aktien | -8 050.4610 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 74 262.5880 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019
| Klasse | P-mdist |
| --- | --- |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 214 518.9170 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -42 135.2490 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 172 383.6680 |
| Klasse | (HKD) P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 81 511.2990 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -26 940.8080 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 54 570.4910 |
| Klasse | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 782 983.7680 |
| Anzahl der ausgegebenen Aktien | 37 361.2440 |
| Anzahl der zurückgegebenen Aktien | -177 351.8260 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 642 993.1860 |
| Klasse | (CHF hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 219 176.7060 |
| Anzahl der ausgegebenen Aktien | 1 229.9330 |
| Anzahl der zurückgegebenen Aktien | -75 642.8570 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 144 763.7820 |
| Klasse | (EUR hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 613 224.8740 |
| Anzahl der ausgegebenen Aktien | 14 324.8820 |
| Anzahl der zurückgegebenen Aktien | -126 359.3210 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 501 190.4350 |
| Klasse | (GBP hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 16 091.1690 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -16 091.1690 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 0.0000 |
| Klasse | Q-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 101 020.3900 |
| Anzahl der ausgegebenen Aktien | 11 832.6560 |
| Anzahl der zurückgegebenen Aktien | -19 797.5130 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 93 055.5330 |
| Klasse | (CHF hedged) Q-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 70 701.0000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -14 685.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 56 016.0000 |
| Klasse | (EUR hedged) Q-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 110 110.4120 |
| Anzahl der ausgegebenen Aktien | 799.7090 |
| Anzahl der zurückgegebenen Aktien | -16 520.9200 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 94 389.2010 |
| Klasse | (GBP hedged) Q-dist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 13 494.7820 |
| Anzahl der ausgegebenen Aktien | 40.0000 |
| Anzahl der zurückgegebenen Aktien | -13 534.7820 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 0.0000 |
| Klasse | Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 24 124.1560 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -4 844.0400 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 19 280.1160 |
| Klasse | U-X-UKdist-mdist |
| Anzahl der Aktien im Umlauf zu Beginn der Berichtsperiode | 1 326.0000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | 0.0000 |
| Anzahl der Aktien im Umlauf am Ende der Berichtsperiode | 1 326.0000 |

| Jährliche Ausschüttung 1 |  |
| --- | --- |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| P-dist | 1.8.2019 | 6.8.2019 | USD | 3.05 |
| (CHF hedged) P-dist | 1.8.2019 | 6.8.2019 | CHF | 3.00 |
| (EUR hedged) P-dist | 1.8.2019 | 6.8.2019 | EUR | 3.07 |
| Q-dist | 1.8.2019 | 6.8.2019 | USD | 3.61 |
| (CHF hedged) Q-dist | 1.8.2019 | 6.8.2019 | CHF | 3.55 |
| (EUR hedged) Q-dist | 1.8.2019 | 6.8.2019 | EUR | 3.63 |
| (GBP hedged) Q-dist | 1.8.2019 | 6.8.2019 | GBP | 3.66 |
| 1  Siehe Erläuterung 5 |  |  |  |  |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019
| Monatliche Ausschüttung 1 |  |  |  |  |
| --- | --- | --- | --- | --- |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| K-1-mdist | 17.6.2019 | 20.6.2019 | USD | 18 343.59 |
| K-1-mdist | 15.7.2019 | 18.7.2019 | USD | 18 452.91 |
| K-1-mdist | 16.8.2019 | 21.8.2019 | USD | 18 507.16 |
| K-1-mdist | 16.9.2019 | 19.9.2019 | USD | 18 382.97 |
| K-1-mdist | 15.10.2019 | 18.10.2019 | USD | 18 318.18 |
| K-1-mdist | 15.11.2019 | 20.11.2019 | USD | 18 318.18 |
| (HKD) K-1-mdist | 17.6.2019 | 20.6.2019 | HKD | 147 311.81 |
| (HKD) K-1-mdist | 15.7.2019 | 18.7.2019 | HKD | 147 659.64 |
| (HKD) K-1-mdist | 16.8.2019 | 21.8.2019 | HKD | 148 386.59 |
| (HKD) K-1-mdist | 16.9.2019 | 19.9.2019 | HKD | 147 540.28 |
| (HKD) K-1-mdist | 15.10.2019 | 18.10.2019 | HKD | 146 059.63 |
| (HKD) K-1-mdist | 15.11.2019 | 20.11.2019 | HKD | 146 059.63 |
| P-mdist | 17.6.2019 | 20.6.2019 | USD | 0.36 |
| P-mdist | 15.7.2019 | 18.7.2019 | USD | 0.37 |
| P-mdist | 16.8.2019 | 21.8.2019 | USD | 0.37 |
| P-mdist | 16.9.2019 | 19.9.2019 | USD | 0.37 |
| P-mdist | 15.10.2019 | 18.10.2019 | USD | 0.37 |
| P-mdist | 15.11.2019 | 20.11.2019 | USD | 0.36 |
| (HKD) P-mdist | 17.6.2019 | 20.6.2019 | HKD | 3.66 |
| (HKD) P-mdist | 15.7.2019 | 18.7.2019 | HKD | 3.67 |
| (HKD) P-mdist | 16.8.2019 | 21.8.2019 | HKD | 3.69 |
| (HKD) P-mdist | 16.9.2019 | 19.9.2019 | HKD | 3.66 |
| (HKD) P-mdist | 15.10.2019 | 18.10.2019 | HKD | 3.66 |
| (HKD) P-mdist | 15.11.2019 | 20.11.2019 | HKD | 3.66 |
| Q-mdist | 17.6.2019 | 20.6.2019 | USD | 0.37 |
| Q-mdist | 15.7.2019 | 18.7.2019 | USD | 0.38 |
| Q-mdist | 16.8.2019 | 21.8.2019 | USD | 0.38 |
| Q-mdist | 16.9.2019 | 19.9.2019 | USD | 0.38 |
| Q-mdist | 15.10.2019 | 18.10.2019 | USD | 0.38 |
| Q-mdist | 15.11.2019 | 20.11.2019 | USD | 0.37 |
| U-X-UKdist-mdist | 17.6.2019 | 20.6.2019 | USD | 42.13 |
| U-X-UKdist-mdist | 15.7.2019 | 18.7.2019 | USD | 33.22 |
| U-X-UKdist-mdist | 30.7.2019 | 2.8.2019 | USD | 50.62 |
| U-X-UKdist-mdist | 16.8.2019 | 21.8.2019 | USD | 49.40 |
| U-X-UKdist-mdist | 16.9.2019 | 19.9.2019 | USD | 41.77 |
| U-X-UKdist-mdist | 15.10.2019 | 18.10.2019 | USD | 42.05 |
| U-X-UKdist-mdist | 15.11.2019 | 20.11.2019 | USD | 33.32 |
| 1  Siehe Erläuterung 5 |  |  |  |  |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden |  |  |  |
| Asset Backed Securities, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	LONGFELLOW PLACE CLO LTD-144A 3M LIBOR+450BP 17-15.04.29 | 3 000 000.00 | 2 992 089.30 | 0.96 |
| Total USD |  | 2 992 089.30 | 0.96 |
| Total Asset Backed Securities, variabler Zins |  | 2 992 089.30 | 0.96 |
| Notes, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	ALTICE FRANCE-REG-S 5.87500% 18-01.02.27 | 1 225 000.00 | 1 502 772.13 | 0.48 |
| EUR	ARD FINANCE SA-REG-S (PIK) 5.00000% 19-30.06.27 | 1 035 000.00 | 1 137 676.13 | 0.37 |
| EUR	BALL CORP 4.37500% 15-15.12.23 | 1 550 000.00 | 1 952 566.77 | 0.63 |
| EUR	COGENT COMMUNICATIONS GROUP INC-REG-S 4.37500% 19-30.06.24 | 850 000.00 | 957 614.94 | 0.31 |
| EUR	DEMIRE DUTCH MITSTND REL EST AG-REG-S 1.87500% 19-15.10.24 | 2 600 000.00 | 2 899 871.08 | 0.93 |
| EUR	DIGI COMMUNICATIONS NV-REG-S 5.00000% 16-15.10.23 | 1 920 000.00 | 2 177 193.96 | 0.70 |
| EUR	DKT FINANCE APS-REG-S 7.00000% 18-17.06.23 | 2 500 000.00 | 2 908 272.89 | 0.93 |
| EUR	INFOR US INC 5.75000% 16-15.05.22 | 1 700 000.00 | 1 896 913.04 | 0.61 |
| EUR	INTERNATIONAL GAME TECHNOLOGY PLC-REG-S 4.75000% 15-15.02.23 | 2 160 000.00 | 2 610 251.14 | 0.84 |
| EUR	SOFTBANK GROUP CORP-REG-S 4.00000% 18-20.04.23 | 3 300 000.00 | 3 876 943.38 | 1.25 |
| EUR	VALEANT PHARMACEUTICALS INTL-REG-S 4.50000% 15-15.05.23 | 3 300 000.00 | 3 684 062.25 | 1.18 |
| Total EUR |  | 25 604 137.71 | 8.23 |
| GBP |  |  |  |
| GBP	PINNACLE BIDCO PLC-REG-S 6.37500% 18-15.02.25 | 1 600 000.00 | 2 195 328.20 | 0.71 |
| Total GBP |  | 2 195 328.20 | 0.71 |
| USD |  |  |  |
| USD	ANIXTER INC 5.12500% 14-01.10.21 | 3 100 000.00 | 3 242 600.00 | 1.04 |
| USD	ARCELORMITTAL 6.12500% 15-01.06.25 | 1 274 000.00 | 1 444 471.39 | 0.46 |
| USD	BARCLAYS BANK PLC-144A-SUB 10.17900% 09-12.06.21 | 2 450 000.00 | 2 731 547.39 | 0.88 |
| USD	BED BATH & BEYOND INC 3.74900% 14-01.08.24 | 1 000 000.00 | 982 500.00 | 0.32 |
| USD	BOMBARDIER INC-144A 8.75000% 16-01.12.21 | 1 800 000.00 | 1 948 500.00 | 0.63 |
| USD	CALLON PETROLEUM CO 6.12500% 17-01.10.24 | 1 325 000.00 | 1 258 750.00 | 0.40 |
| USD	CENTURYLINK INC 6.45000% 11-15.06.21 | 1 350 000.00 | 1 417 500.00 | 0.46 |
| USD	CENTURYLINK INC 6.75000% 13-01.12.23 | 1 240 000.00 | 1 379 500.00 | 0.44 |
| USD	CODERE FINANCE 2 LUX SA-144A 7.62500% 16-01.11.21 | 2 500 000.00 | 2 254 830.00 | 0.72 |
| USD	GEMS MENASA CAYMAN LTD/GEDL-144A 7.12500% 19-31.07.26 | 1 870 000.00 | 1 964 084.38 | 0.63 |
| USD	INTERNATIONAL GAME TECHNOLOGY PLC-144A 6.25000% 15-15.02.22 | 1 850 000.00 | 1 951 750.00 | 0.63 |
| USD	MGM RESORTS INTL-144A 6.62500% 12-15.12.21 | 800 000.00 | 870 800.00 | 0.28 |
| USD	NUSTAR LOGISTICS LP 4.80000% 10-01.09.20 | 3 000 000.00 | 3 021 562.50 | 0.97 |
| USD	QUESTAR MARKET RESOURCES INC 6.87500% 10-01.03.21 | 625 000.00 | 633 875.00 | 0.20 |
| USD	SM ENERGY CO 6.12500% 15-15.11.22 | 1 850 000.00 | 1 803 750.00 | 0.58 |
| USD	SPRINGLEAF FINANCE CORP 7.75000% 13-01.10.21 | 2 500 000.00 | 2 731 250.00 | 0.88 |
| USD	TENET HEALTHCARE CORP 4.62500% 17-15.07.24 | 1 000 000.00 | 1 035 000.00 | 0.33 |
| USD	TRANSOCEAN PHOENIX 2 LTD-144A 7.75000% 16-15.10.24 | 1 500 000.00 | 1 092 000.00 | 0.35 |
| Total USD |  | 31 764 270.66 | 10.20 |
| Total Notes, fester Zins |  | 59 563 736.57 | 19.14 |
| Notes, variabler Zins |  |  |  |
| EUR |  |  |  |
| EUR	ARENA LUXEMBOURG FIN SARL-REG-S 3M EURIBOR+275BP 17-01.11.23 | 2 700 000.00 | 2 991 404.96 | 0.96 |
| EUR	BORMIOLI PHARMA BIDCO SPA-REG-S 3M EURIBOR+350BP 17-15.11.24 | 2 900 000.00 | 2 813 720.09 | 0.90 |
| EUR	LINCOLN FINANCING SARL-REG-S 3M EURIBOR+387.5BP 19-01.04.24 | 2 350 000.00 | 2 597 126.56 | 0.84 |
| EUR	MARCOLIN SPA-REG-S 3M EURIBOR+412.5BP 17-15.02.23 | 551 000.00 | 609 336.97 | 0.20 |
| EUR	UNITED GROUP BV-REG-S 3M EURIBOR+412.5BP 19-15.05.25 | 2 410 000.00 | 2 657 266.00 | 0.85 |
| Total EUR |  | 11 668 854.58 | 3.75 |
| GBP |  |  |  |
| GBP	MILLER HOMES GROUP HOLD PLC-REG-S 3M LIBOR+525BP 17-15.10.23 | 1 600 000.00 | 2 077 361.41 | 0.67 |
| GBP	PREMIER FOODS FINANCE PLC-REG-S 3M LIBOR+500BP 17-15.07.22 | 2 500 000.00 | 3 230 593.86 | 1.04 |
| Total GBP |  | 5 307 955.27 | 1.71 |
| USD |  |  |  |
| USD	GENERAL MOTORS FINANCIAL CO INC 3M LIBOR+131BP 17-30.06.22 | 2 000 000.00 | 2 011 015.60 | 0.65 |
| USD	MORGAN STANLEY-SUB STEP DOWN 14-PRP | 1 500 000.00 | 1 505 700.00 | 0.48 |
| USD	PETROBRAS GLOBAL FINANCE BV 3M LIBOR+288BP 14-17.03.20 | 2 000 000.00 | 2 003 590.00 | 0.64 |
| Total USD |  | 5 520 305.60 | 1.77 |
| Total Notes, variabler Zins |  | 22 497 115.45 | 7.23 |
| Medium-Term Notes, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	CONSTELLIUM SE-REG-S 4.62500% 14-15.05.21 | 2 750 000.00 | 2 025 294.38 | 0.65 |
| EUR	FIAT CHRYSLER AUTOMOBILES NV-REG-S 3.75000% 16-29.03.24 | 1 750 000.00 | 2 172 364.57 | 0.70 |
| EUR	ORANO SA 4.87500% 09-23.09.24 | 900 000.00 | 1 148 633.55 | 0.37 |
| EUR	SAIPEM FINANCE INTERNATIONAL BV-REG-S 2.75000% 17-05.04.22 | 2 500 000.00 | 2 887 433.75 | 0.93 |
| Total EUR |  | 8 233 726.25 | 2.65 |
| GBP |  |  |  |
| GBP	JERROLD FINCO PLC-REG-S 6.25000% 16-15.09.21 | 1 300 000.00 | 1 715 853.62 | 0.55 |
| Total GBP |  | 1 715 853.62 | 0.55 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| USD |  |  |  |  |
| USD | NAVIENT CORP 8.00000% 10-25.03.20 | 955 000.00 | 968 436.85 | 0.31 |
| Total USD |  |  | 968 436.85 | 0.31 |
| Total Medium-Term Notes, fester Zins |  | 10 918 016.72 | 3.51 |
| Medium-Term Notes, variabler Zins |  |  |  |
| EUR |  |  |  |
| EUR	CAIXABANK SA-REG-S-SUB 2.750%/VAR 17-14.07.28 | 3 000 000.00 | 3 486 154.93 | 1.12 |
| Total EUR |  | 3 486 154.93 | 1.12 |
| Total Medium-Term Notes, variabler Zins |  | 3 486 154.93 | 1.12 |
| Anleihen, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	ALTICE FRANCE-REG-S 2.50000% 19-15.01.25 | 1 475 000.00 | 1 642 598.35 | 0.53 |
| EUR	CONSTANTIN INVEST-REG-S 5.37500% 17-15.04.25 | 1 500 000.00 | 1 703 331.77 | 0.55 |
| EUR	IRON MOUNTAIN INC-REG-S 3.00000% 17-15.01.25 | 1 330 000.00 | 1 504 483.26 | 0.48 |
| EUR	ITALY, REPUBLIC OF-BTP-REG-S 2.30000% 18-15.10.21 | 1 400 000.00 | 1 608 935.97 | 0.52 |
| EUR	MATTERHORN TELECOM SA-REG-S 2.62500% 19-15.09.24 | 1 910 000.00 | 2 162 367.98 | 0.70 |
| EUR	NEMAK SAB DE CV-REG-S 3.25000% 17-15.03.24 | 640 000.00 | 729 700.68 | 0.23 |
| EUR	SYNLAB UNSECURED BONDCO PLC-REG-S 8.25000% 15-01.07.23 | 1 200 000.00 | 1 382 263.46 | 0.44 |
| EUR	VERISURE MIDHOLDING AB-REG-S 5.75000% 17-01.12.23 | 2 700 000.00 | 3 062 609.33 | 0.98 |
| EUR	VIVION INVESTMENTS SARL-REG-S 3.00000% 19-08.08.24 | 900 000.00 | 987 378.30 | 0.32 |
| Total EUR |  | 14 783 669.10 | 4.75 |
| GBP |  |  |  |
| GBP	BRACKEN MIDCO1 PLC-REG-S (PIK) 8.87500% 18-15.10.23 | 1 005 000.00 | 1 274 256.74 | 0.41 |
| GBP	CPUK FINANCE LTD-REG-S 4.25000% 17-28.08.22 | 2 500 000.00 | 3 282 219.71 | 1.05 |
| GBP	GALAXY BIDCO LTD-REG-S 6.50000% 19-31.07.26 | 1 750 000.00 | 2 329 143.36 | 0.75 |
| GBP	VRGN MDIA RECVBLS FIN NOTS II DAC-REG-S 5.75000% 18-15.04.23 | 2 100 000.00 | 2 770 677.00 | 0.89 |
| Total GBP |  | 9 656 296.81 | 3.10 |
| USD |  |  |  |
| USD	ALLY FINANCIAL INC 4.62500% 15-19.05.22 | 2 750 000.00 | 2 875 058.17 | 0.92 |
| Total USD |  | 2 875 058.17 | 0.92 |
| Total Anleihen, fester Zins |  | 27 315 024.08 | 8.77 |
| Anleihen, variabler Zins |  |  |  |
| EUR |  |  |  |
| EUR	AUTODIS SA-REG-S 6M EURIBOR+437.5BP 16-01.05.22 | 300 000.00 | 284 036.52 | 0.09 |
| EUR	GARFUNKELUX HOLDCO 3 SA-REG-S 3M EURIBOR+350BP 17-01.09.23 | 1 200 000.00 | 1 140 714.68 | 0.37 |
| EUR	LSF10 WOLVERIN INVEST-REG-S 3M EURIBOR+462.50BP 18-15.03.24 | 1 120 000.00 | 932 009.06 | 0.30 |
| EUR	MASARIA INVESTMENTS SAU-REG-S 3M EURIBOR+525BP 17-15.09.24 | 2 000 000.00 | 2 212 477.16 | 0.71 |
| EUR	SYNLAB BONDCO PLC-REG-S 3M EURIBOR+350BP 16-01.07.22 | 2 750 000.00 | 3 035 606.66 | 0.97 |
| EUR	TRIVIUM PACKAGING FIN BV-REG-S 3M EURIBOR+375BP 19-15.08.26 | 2 330 000.00 | 2 607 593.87 | 0.84 |
| Total EUR |  | 10 212 437.95 | 3.28 |
| USD |  |  |  |
| USD	BANK OF AMERICA CORP-SUB 6.500%/VAR 14-PRP | 1 000 000.00 | 1 132 500.00 | 0.36 |
| USD	CITIGROUP INC-SUB 5.950%/3M LIBOR+406.8BP 12-PRP | 3 000 000.00 | 3 180 810.00 | 1.02 |
| USD	JPMORGAN CHASE & CO-SUB 6.000%/3M LIBOR+330BP 13-PRP | 1 500 000.00 | 1 608 180.00 | 0.52 |
| USD	JPMORGAN CHASE &CO-SUB 5.000%/VAR 14-PRP | 4 200 000.00 | 4 216 800.00 | 1.36 |
| Total USD |  | 10 138 290.00 | 3.26 |
| Total Anleihen, variabler Zins |  | 20 350 727.95 | 6.54 |
| Treasury-Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	AMERICA, UNITED STATES OF 3M USTMMR+3.6BP 18-31.10.20 | 1 850 000.00 | 1 848 547.55 | 0.59 |
| Total USD |  | 1 848 547.55 | 0.59 |
| Total Treasury-Notes, variabler Zins | 1 848 547.55 | 0.59 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 148 971 412.55 | 47.86 |
| Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  |  |
| Asset Backed Securities, variabler Zins |  |  |
| USD |  |  |
| USD	ARES XXVII CLO LTD-144A 3M LIBOR+375BP 17-28.07.29	1 000 000.00 | 981 072.00 | 0.32 |
| USD	CIFC FUNDING-144A 3M LIBOR+285BP 18-20.04.31	2 500 000.00 | 2 371 876.25 | 0.76 |
| USD	GALAXY XIX CLO LTD-144A 3M LIBOR+337BP 17-24.07.30	3 000 000.00 | 2 836 875.90 | 0.91 |
| USD	LCM XV LP-144A 3M LIBOR+370BP 17-20.07.30	250 000.00 | 242 988.67 | 0.08 |
| USD	SOUND POINT CLO XVII-144A 3M LIBOR+300BP 17-20.10.30	2 000 000.00 | 1 848 005.80 | 0.59 |
| USD	ZAIS CLO 7 LTD-144A 3M LIBOR+375BP 17-15.04.30	1 512 500.00 | 1 462 056.01 | 0.47 |
| Total USD | 9 742 874.63 | 3.13 |
| Total Asset Backed Securities, variabler Zins | 9 742 874.63 | 3.13 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |

Mortgage Backed Securities, variabler Zins
| USD |  |
| --- | --- |
| USD | ASHFORD HOSPITALITY TRT-144A-SUB 1M LIBOR+210BP 18-15.04.35 | 1 475 000.00 | 1 475 003.40 | 0.47 |
| USD | BAMLL COMMERCIAL MORT SET-144A 1M LIBOR+135BP 18-15.09.34 | 1 000 000.00 | 999 377.90 | 0.32 |
| USD | BX COMMERCIAL MORTGAGE TRUST-144A 1M LIBOR+170BP 18-15.11.35 | 2 500 000.00 | 1 921 156.44 | 0.62 |
| USD | BX TRUST 2017-APPL-144A-SUB 1M LIBOR+205BP 17-15.07.34 | 3 000 000.00 | 2 549 956.39 | 0.82 |
| USD | BX TRUST 2018-EXCL-144A-SUB FLR 18-15.09.37 | 4 000 000.00 | 3 626 643.95 | 1.17 |
| USD | CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+175BP 19-15.12.37 | 1 500 000.00 | 1 505 142.60 | 0.48 |
| USD | CSWF TOP-144A-SUB FLR 18-15.08.35 | 2 500 000.00 | 2 499 194.50 | 0.80 |
| USD | J.P. MORGAN CHASE COMMERCIAL-144A-SUB VAR 18-15.06.35 | 1 625 000.00 | 1 624 982.61 | 0.52 |
| USD | WELLS FARGO MORTGAG-144A-SUB 1M LIBOR+155.65BP 18-15.12.36 | 2 000 000.00 | 1 963 929.34 | 0.63 |
| Total USD |  |  | 18 165 387.13 | 5.83 |
| Total Mortgage Backed Securities, variabler Zins |  | 18 165 387.13 | 5.83 |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	1011778 BC ULC/NEW RED FINANCE INC-144A 4.25000% 17-15.05.24 | 1 500 000.00 | 1 533 750.00 | 0.49 |
| USD	1011778 BC ULC/NEW RED FINANCE INC-144A 5.00000% 17-15.10.25 | 2 400 000.00 | 2 488 872.00 | 0.80 |
| USD	ANTERO RESOURCES CORP 5.37500% 14-01.11.21 | 1 400 000.00 | 1 293 250.00 | 0.42 |
| USD	ARDAGH PACKAGING FINANCE/MP-144A 4.25000% 17-15.09.22 | 2 500 000.00 | 2 531 250.00 | 0.81 |
| USD	AVON INTERNATIONAL OPERATIONS INC-144A 7.87500% 16-15.08.22 | 625 000.00 | 650 781.25 | 0.21 |
| USD	BERRY PLASTICS CORP 5.50000% 14-15.05.22 | 2 100 000.00 | 2 128 875.00 | 0.68 |
| USD	BUILDERS FIRSTSOURCE INC-144A 5.62500% 16-01.09.24 | 2 612 000.00 | 2 716 480.00 | 0.87 |
| USD	CASCADES INC-144A 5.50000% 14-15.07.22 | 3 000 000.00 | 3 045 600.00 | 0.98 |
| USD	CCO HOLDINGS LLC/CAPITAL CORP-144A 5.87500% 16-01.04.24 | 4 500 000.00 | 4 691 250.00 | 1.51 |
| USD	CHENIERE CORPUS CHRISTI HLDGS LLC 5.87500% 17-31.03.25 | 1 300 000.00 | 1 453 010.00 | 0.47 |
| USD	COGENT COMMUNICATIONS GROUP INC-144A 5.37500% 15-01.03.22 | 3 560 000.00 | 3 711 300.00 | 1.19 |
| USD	CONTINENTAL RESOURCES INC 5.00000% 12-15.09.22 | 2 580 000.00 | 2 594 674.78 | 0.83 |
| USD	CORECIVIC INC 4.12500% 13-01.04.20 | 2 715 000.00 | 2 716 357.50 | 0.87 |
| USD	CSC HOLDINGS LLC-144A 5.37500% 18-15.07.23 | 2 850 000.00 | 2 927 905.89 | 0.94 |
| USD	CSN RESOURCES SA-144A 7.62500% 18-13.02.23 | 1 300 000.00 | 1 356 062.50 | 0.44 |
| USD	DCP MIDSTREAM OPERATING LP-144A 4.75000% 11-30.09.21 | 3 800 000.00 | 3 871 250.00 | 1.24 |
| USD	DELL INTERNATIONAL LLC / EMC CORP-144A 5.45000% 16-15.06.23 | 3 900 000.00 | 4 226 506.83 | 1.36 |
| USD	GENESIS ENERGY LP 6.00000% 15-15.05.23 | 2 200 000.00 | 2 055 834.00 | 0.66 |
| USD	GFL ENVIRONMENTAL INC-144A 5.62500% 17-01.05.22 | 1 030 000.00 | 1 037 725.00 | 0.33 |
| USD	HCA INC 5.87500% 12-01.05.23 | 1 740 000.00 | 1 918 350.00 | 0.62 |
| USD	JBS USA LLC/JBS USA FINANCE INC-144A 5.87500% 14-15.07.24 | 2 415 000.00 | 2 483 078.85 | 0.80 |
| USD	JSL EUROPE SA-144A 7.75000% 17-26.07.24 | 1 015 000.00 | 1 086 430.63 | 0.35 |
| USD	LADDER CAPITAL FIN HLDG LLLP/CORP-144A 5.25000% 17-15.03.22 | 2 000 000.00 | 2 075 000.00 | 0.67 |
| USD	LAMAR MEDIA CORPORATION-SUB 5.00000% 13-01.05.23 | 1 000 000.00 | 1 017 500.00 | 0.33 |
| USD	LEVEL 3 FINANCING INC 5.62500% 15-01.02.23 | 2 100 000.00 | 2 107 875.00 | 0.68 |
| USD	MATTEL INC-144A 6.75000% 17-31.12.25 | 715 000.00 | 748 962.50 | 0.24 |
| USD	NABORS INDUSTRIES INC 5.00000% 10-15.09.20 | 464 000.00 | 461 320.40 | 0.15 |
| USD	NABORS INDUSTRIES INC 4.62500% 12-15.09.21 | 4 400 000.00 | 4 180 000.00 | 1.34 |
| USD	NAVIENT CORP 6.62500% 16-26.07.21 | 1 600 000.00 | 1 696 016.00 | 0.54 |
| USD	NCR CORP 5.00000% 13-15.07.22 | 2 975 000.00 | 3 004 006.25 | 0.96 |
| USD	NETFLIX INC 5.87500% 15-15.02.25 | 3 000 000.00 | 3 285 750.00 | 1.06 |
| USD	NIELSEN FINANCE LLC/CO-144A 5.00000% 14-15.04.22 | 2 725 000.00 | 2 742 031.25 | 0.88 |
| USD	NOVA CHEMICALS CORP-144A 5.25000% 13-01.08.23 | 2 100 000.00 | 2 115 750.00 | 0.68 |
| USD	NUSTAR LOGISTICS LP 6.75000% 13-01.02.21 | 85 000.00 | 87 898.50 | 0.03 |
| USD	NXP BV / NXP FUNDING LLC-144A 4.62500% 16-01.06.23 | 1 000 000.00 | 1 066 168.70 | 0.34 |
| USD	OASIS PETROLEUM INC-144A 6.25000% 18-01.05.26 | 575 000.00 | 412 562.50 | 0.13 |
| USD	PARTY CITY HOLDINGS INC-144A 6.12500% 15-15.08.23 | 3 075 000.00 | 2 352 375.00 | 0.76 |
| USD	PRESTIGE BRANDS INC-144A 6.37500% 16-01.03.24 | 1 070 000.00 | 1 114 137.50 | 0.36 |
| USD	PRIME SEC SER BORROWER LLC/FIN INC-144A 9.25000% 16-15.05.23 | 374 000.00 | 393 167.50 | 0.13 |
| USD	SCIENTIFIC GAMES INTERNATIONAL-144A 5.00000% 17-15.10.25 | 2 300 000.00 | 2 402 419.00 | 0.77 |
| USD	SERVICE CORP INTERNATIONAL/US 5.37500% 14-15.05.24 | 1 100 000.00 | 1 133 000.00 | 0.36 |
| USD	SIRIUS XM RADIO INC-144A 4.62500% 19-15.07.24 | 3 000 000.00 | 3 142 500.00 | 1.01 |
| USD	SPRINT CORP 7.25000% 14-15.09.21 | 2 200 000.00 | 2 333 100.00 | 0.75 |
| USD	UPCB FINANCE IV LTD-144A 5.37500% 15-15.01.25 | 2 145 000.00 | 2 203 987.50 | 0.71 |
| USD	WASTE PRO USA INC-144A 5.50000% 18-15.02.26 | 500 000.00 | 516 250.00 | 0.17 |
| USD	WILLIAM CARTER COMPANY-144A 5.62500% 19-15.03.27 | 330 000.00 | 355 575.00 | 0.11 |
| Total USD |  | 93 465 946.83 | 30.03 |
| Total Notes, fester Zins |  | 93 465 946.83 | 30.03 |
| Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	CAPITAL ONE FINANCIAL CORP 3M LIBOR+72BP 18-30.01.23 | 3 000 000.00 | 3 003 718.80 | 0.96 |
| USD	MACQUARIE GROUP LTD-144A 3.189%/VAR 17-28.11.23 | 1 000 000.00 | 1 020 970.00 | 0.33 |
| USD	REYNOLDS GROUP INC/LLC/LUX-144A 3M LIBOR+350BP 16-15.07.21 | 6 630 000.00 | 6 646 575.00 | 2.14 |
| Total USD |  | 10 671 263.80 | 3.43 |
| Total Notes, variabler Zins |  | 10 671 263.80 | 3.43 |
| Medium-Term Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	GOLDMAN SACHS GROUP 3M LIBOR+160BP 13-29.11.23 | 2 500 000.00 | 2 586 182.00 | 0.83 |
| Total USD |  | 2 586 182.00 | 0.83 |
| Total Medium-Term Notes, variabler Zins |  | 2 586 182.00 | 0.83 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  | 134 631 654.39 | 43.25 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |

Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Notes, fester Zins
| USD |  |
| --- | --- |
| USD | CASCADES INC/CASCADES USA INC-144A 5.12500% 19-15.01.26 | 670 000.00 | 677 821.51 | 0.22 |
| USD | JACK OHIO FIN/ JO FINANCE 1 CORP-144A 6.75000% 16-15.11.21 | 84 000.00 | 85 680.00 | 0.02 |
| Total USD |  |  | 763 501.51 | 0.24 |
| Total Notes, fester Zins |  | 763 501.51 | 0.24 |
| Total Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden |  | 763 501.51 | 0.24 |
| Neuemittierte Wertpapiere und Geldmarktinstrumente |  |  |  |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	AVON INTERNATIONAL CAPITAL PLC-144A 6.50000% 19-15.08.22 | 1 700 000.00 | 1 763 750.00 | 0.57 |
| Total USD |  | 1 763 750.00 | 0.57 |
| Total Notes, fester Zins |  | 1 763 750.00 | 0.57 |
| Total Neuemittierte Wertpapiere und Geldmarktinstrumente |  | 1 763 750.00 | 0.57 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
Luxemburg
| EUR | UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC | 50 000.00 | 7 335 597.80 | 2.36 |
| --- | --- | --- | --- | --- |
| USD | UBS (LUX) BOND SICAV - ASIAN HIGH YIELD (USD) U-X-ACC | 651.00 | 7 591 721.13 | 2.44 |
| Total Luxemburg | 14 927 318.93 | 4.80 |
| Total Investment Fonds, open end | 14 927 318.93 | 4.80 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 14 927 318.93 | 4.80 |
| Total des Wertpapierbestandes | 301 057 637.38 | 96.72 |


## Derivative Instrumente
Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Swaps und Forward-Swaps auf Zinssätze
| USD USD | CME/INTEREST RATE SWAP PAYER 7.50000% 17-05.12.19 CME/INTEREST RATE SWAP REC 3ML 17-05.12.19 | -5 500 000.00 | -100 998.61 | -0.03 |
| --- | --- | --- | --- | --- |
| USD | CME/INTEREST RATE SWAP PAYER 5.25000% 17-05.12.21 | -10 000 000.00 | -235 654.17 | -0.08 |
| USD | CME/INTEREST RATE SWAP REC 3ML 17-05.12.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.20000% 17-14.12.21 | -2 700 000.00 | -74 276.53 | -0.02 |
| USD | CME/INTEREST RATE SWAP REC 3ML 17-14.12.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.50000% 17-14.12.19 | -1 700 000.00 | -27 842.56 | -0.01 |
| USD | CME/INTEREST RATE SWAP REC 3ML 17-14.12.19 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.10000% 17-15.12.22 | -2 700 000.00 | -88 569.60 | -0.03 |
| USD | CME/INTEREST RATE SWAP REC 3ML 17-15.12.22 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.50000% 17-18.12.22 | -6 000 000.00 | -194 640.98 | -0.06 |
| USD | CME/INTEREST RATE SWAP REC 3ML 17-18.12.22 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 3.84000% 18-03.07.21 | -8 000 000.00 | -145 381.49 | -0.05 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-03.07.21 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 5.60000% 18-13.02.21 | -25 000 000.00 | -949 308.51 | -0.30 |
| EUR | LCH/INTEREST RATE SWAP REC 6ME 18-13.02.21 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 3.29000% 18-26.03.22 | -7 000 000.00 | -236 675.40 | -0.08 |
| EUR | LCH/INTEREST RATE SWAP REC 6ME 18-26.03.22 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 3.73000% 18-30.05.23 | -7 000 000.00 | -312 072.57 | -0.10 |
| EUR | LCH/INTEREST RATE SWAP REC 6ME 18-30.05.23 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 3.01000% 18-30.05.21 | -5 000 000.00 | -111 242.88 | -0.04 |
| EUR | LCH/INTEREST RATE SWAP REC 6ME 18-30.05.21 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAYER 6.39000% 18-30.05.20 | -5 500 000.00 | -3 759.56 | 0.00 |
| GBP | LCH/INTEREST RATE SWAP REC 6ML 18-30.05.20 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.88000% 18-07.06.21 | -8 000 000.00 | -273 878.74 | -0.09 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-07.06.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.31000% 18-18.06.20 | -10 000 000.00 | -224 042.84 | -0.07 |
| USD | CME/IINTEREST RATE SWAP REC 3ML 18-18.06.20 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 4.88000% 18-08.02.22 | -6 000 000.00 | -234 386.29 | -0.08 |
| EUR | LCH/INTEREST RATE SWAP REC 6ME 18-08.02.22 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 7.54000% 18-04.09.20 | -8 000 000.00 | -75 914.61 | -0.02 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-04.09.20 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 3.70000% 18-02.10.22 | -10 000 000.00 | -186 269.72 | -0.06 |
| EUR | LCH/INTEREST RATE SWAP REC 6ME 18-02.10.22 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.59000% 18-02.11.22 | -10 000 000.00 | -450 009.37 | -0.14 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-02.11.22 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.19000% 18-13.11.20 | -10 000 000.00 | -138 153.08 | -0.04 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-13.11.20 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.77000% 19-02.01.22 | -20 000 000.00 | -714 689.11 | -0.23 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-02.01.22 |  |  |  |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019
|  | Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
|  |  |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.70000% 19-28.02.24 | -11 000 000.00 | -576 248.61 | -0.19 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-28.02.24 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.00000% 19-05.10.22 | -10 000 000.00 | -220 556.75 | -0.07 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-05.10.22 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.30000% 19-02.01.23 | -11 500 000.00 | -196 108.03 | -0.06 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-02.01.23 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.00000% 19-02.02.25 | -5 000 000.00 | -135 480.55 | -0.04 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-02.02.25 |  |  |  |
| EUR | CME/INTEREST RATE SWAP PAYER 3.40000% 19-04.11.23 | -5 000 000.00 | 7 555.84 | 0.00 |
| EUR | CME/INTEREST RATE SWAP REC 6MEIB 19-04.11.23 |  |  |  |
| EUR | CME/INTEREST RATE SWAP PAYER 4.00000% 19-04.11.22 | -10 000 000.00 | 11 281.80 | 0.00 |
| EUR | CME/INTEREST RATE SWAP REC 6MEIB 19-04.11.22 |  |  |  |
| Total Swaps und Forward-Swaps auf Zinssätze |  | -5 887 322.92 | -1.89 |
| Swaps und Forward-Swaps auf Indizes |  |  |  |
|  |  |  |  |
| EUR	MS/IBOXX EUR LIQUID HY EQS REC PERF 19-20.03.20 | 11 999 999.91 | 12 105.03 | 0.00 |
| EUR	MS/IBOXX EUR LIQUID HY INDEX SWAP PAYER 3ML 19-20.03.20 |  |  |  |
| Total Swaps und Forward-Swaps auf Indizes |  | 12 105.03 | 0.00 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden |  | -5 875 217.89 | -1.89 |
| Total Derivative Instrumente |  | -5 875 217.89 | -1.89 |
| Devisenterminkontrakte |  |  |  |
| Devisenterminkontrakte (Kauf/Verkauf) |  |  |  |

| USD | 18 963 301.25 | GBP | 14 635 000.00 | 14.1.2020 | -520.57 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 82 337 418.29 | EUR | 73 995 000.00 | 14.1.2020 | 486 167.58 | 0.16 |
| EUR | 95 585 500.00 | USD | 106 362 096.03 | 14.1.2020 | -628 023.13 | -0.20 |
| CHF | 24 481 100.00 | USD | 24 816 595.56 | 14.1.2020 | -228 067.51 | -0.08 |
| EUR | 1 980 000.00 | USD | 2 196 932.36 | 14.1.2020 | -6 710.37 | 0.00 |
| USD | 209 834.01 | CHF | 208 100.00 | 14.1.2020 | 820.82 | 0.00 |
| USD | 509 374.66 | EUR | 460 500.00 | 14.1.2020 | -17.88 | 0.00 |
| USD | 373 824.76 | EUR | 339 000.00 | 14.1.2020 | -1 167.79 | 0.00 |
| Total Devisenterminkontrakte (Kauf/Verkauf) | -377 518.85 | -0.12 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 15 601 653.52 | 5.01 |
| Kontokorrentkredit und andere kurzfristige Verbindlichkeiten | -2 750 400.45 | -0.88 |
| Andere Aktiva und Passiva | 3 621 029.95 | 1.16 |
| Total des Nettovermögens | 311 277 183.66 | 100.00 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Halbjahresbericht per 30. November 2019