# UBS (Lux) Bond SICAV – Floating Rate Income (USD)
| Three-year comparison |  |
| --- | --- |
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| Net assets in USD |  | 141 390 843.03 | 197 474 004.06 | 389 562 979.96 |
| Class I-X-acc | LU1776430768 |  |  |  |
| Shares outstanding |  | 5 121.4760 | 8 930.2880 | 66 196.6420 |
| Net asset value per share in USD |  | 112.11 | 100.57 | 104.60 |
| Issue and redemption price per share in USD 1 |  | 112.11 | 100.57 | 104.60 |
| Class K-1-acc 2 | LU1679116258 |  |  |  |
| Shares outstanding |  | - | 0.8000 | 1.6000 |
| Net asset value per share in USD |  | - | 4 959 339.84 | 5 207 475.24 |
| Issue and redemption price per share in USD 1 |  | - | 4 959 339.84 | 5 207 475.24 |
| Class K-1-mdist 2 | LU1692484782 |  |  |  |
| Shares outstanding |  | - | 1.3000 | 2.2000 |
| Net asset value per share in USD |  | - | 4 450 589.93 | 4 891 625.20 |
| Issue and redemption price per share in USD 1 |  | - | 4 450 589.93 | 4 891 625.20 |
| Class (HKD) K-1-mdist 2 | LU1692484865 |  |  |  |
| Shares outstanding |  | - | 1.5000 | 3.0000 |
| Net asset value per share in HKD |  | - | 35 344 841.83 | 39 283 149.59 |
| Issue and redemption price per share in HKD 1 |  | - | 35 344 841.83 | 39 283 149.59 |
| Class (EUR hedged) K-X-acc | LU1856011025 |  |  |  |
| Shares outstanding |  | 20 597.9210 | 102 083.0520 | 26 601.3650 |
| Net asset value per share in EUR |  | 104.48 | 94.74 | 100.92 |
| Issue and redemption price per share in EUR 1 |  | 104.48 | 94.74 | 100.92 |
| Class P-acc | LU1679112000 |  |  |  |
| Shares outstanding |  | 165 813.8060 | 216 981.7420 | 350 465.1740 |
| Net asset value per share in USD |  | 108.00 | 98.20 | 103.52 |
| Issue and redemption price per share in USD 1 |  | 108.00 | 98.20 | 103.52 |
| Class (CHF hedged) P-acc | LU1679114808 |  |  |  |
| Shares outstanding |  | 10 039.7950 | 13 969.2830 | 16 126.8550 |
| Net asset value per share in CHF |  | 98.91 | 91.06 | 98.79 |
| Issue and redemption price per share in CHF 1 |  | 98.91 | 91.06 | 98.79 |
| Class (EUR hedged) P-acc | LU1679113404 |  |  |  |
| Shares outstanding |  | 152 014.6940 | 224 989.1560 | 319 305.0850 |
| Net asset value per share in EUR |  | 100.15 | 92.06 | 99.37 |
| Issue and redemption price per share in EUR 1 |  | 100.15 | 92.06 | 99.37 |
| Class (GBP hedged) P-acc 3 | LU1685801778 |  |  |  |
| Shares outstanding |  | - | - | 9 626.9400 |
| Net asset value per share in GBP |  | - | - | 101.05 |
| Issue and redemption price per share in GBP 1 |  | - | - | 101.05 |
| Class P-dist | LU1679112349 |  |  |  |
| Shares outstanding |  | 30 853.9980 | 35 239.7220 | 75 450.5260 |
| Net asset value per share in USD |  | 96.87 | 93.01 | 101.06 |
| Issue and redemption price per share in USD 1 |  | 96.87 | 93.01 | 101.06 |
| Class (CHF hedged) P-dist | LU1679115102 |  |  |  |
| Shares outstanding |  | 33 665.7490 | 36 400.7490 | 36 415.7490 |
| Net asset value per share in CHF |  | 89.89 | 86.09 | 96.38 |
| Issue and redemption price per share in CHF 1 |  | 89.89 | 86.09 | 96.38 |
| Class (EUR hedged) P-dist | LU1679113743 |  |  |  |
| Shares outstanding |  | 21 545.4650 | 35 512.6960 | 79 094.7610 |
| Net asset value per share in EUR |  | 88.96 | 86.97 | 96.91 |
| Issue and redemption price per share in EUR 1 |  | 88.96 | 86.97 | 96.91 |
| Class P-mdist | LU1679116506 |  |  |  |
| Shares outstanding |  | 61 114.0930 | 98 767.2280 | 214 518.9170 |
| Net asset value per share in USD |  | 92.65 | 88.14 | 97.25 |
| Issue and redemption price per share in USD 1 |  | 92.65 | 88.14 | 97.25 |
| Class (HKD) P-mdist | LU1692484949 |  |  |  |
| Shares outstanding |  | 39 276.0750 | 46 117.1910 | 81 511.2990 |
| Net asset value per share in HKD |  | 921.95 | 874.77 | 976.23 |
| Issue and redemption price per share in HKD 1 |  | 921.95 | 874.77 | 976.23 |
| Class Q-acc | LU1679112851 |  |  |  |
| Shares outstanding |  | 190 243.2630 | 263 745.8600 | 782 983.7680 |
| Net asset value per share in USD |  | 110.10 | 99.55 | 104.38 |
| Issue and redemption price per share in USD 1 |  | 110.10 | 99.55 | 104.38 |
| Class (CHF hedged) Q-acc | LU1679115524 |  |  |  |
| Shares outstanding |  | 94 620.1140 | 125 381.3940 | 219 176.7060 |
| Net asset value per share in CHF |  | 100.83 | 92.31 | 99.60 |
| Issue and redemption price per share in CHF 1 |  | 100.83 | 92.31 | 99.60 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD)
Annual report and audited financial statements as of 31 May 2021
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Class (EUR hedged) Q-acc | LU1679114121 |  |  |  |
| Shares outstanding |  | 125 578.6960 | 253 623.1800 | 613 224.8740 |
| Net asset value per share in EUR |  | 102.10 | 93.34 | 100.19 |
| Issue and redemption price per share in EUR 1 |  | 102.10 | 93.34 | 100.19 |
| Class (GBP hedged) Q-acc 3 | LU1685808278 |  |  |  |
| Shares outstanding |  | - | - | 16 091.1690 |
| Net asset value per share in GBP |  | - | - | 101.89 |
| Issue and redemption price per share in GBP 1 |  | - | - | 101.89 |
| Class Q-dist | LU1679113156 |  |  |  |
| Shares outstanding |  | 76 432.5780 | 76 886.1570 | 101 020.3900 |
| Net asset value per share in USD |  | 98.06 | 93.53 | 101.62 |
| Issue and redemption price per share in USD 1 |  | 98.06 | 93.53 | 101.62 |
| Class (CHF hedged) Q-dist | LU1679115953 |  |  |  |
| Shares outstanding |  | 38 839.0000 | 53 033.6110 | 70 701.0000 |
| Net asset value per share in CHF |  | 90.60 | 86.54 | 96.89 |
| Issue and redemption price per share in CHF 1 |  | 90.60 | 86.54 | 96.89 |
| Class (EUR hedged) Q-dist | LU1679114550 |  |  |  |
| Shares outstanding |  | 99 010.1100 | 110 739.7750 | 110 110.4120 |
| Net asset value per share in EUR |  | 91.81 | 87.40 | 97.42 |
| Issue and redemption price per share in EUR 1 |  | 91.81 | 87.40 | 97.42 |
| Class (GBP hedged) Q-dist 3 | LU1685817428 |  |  |  |
| Shares outstanding |  | - | - | 13 494.7820 |
| Net asset value per share in GBP |  | - | - | 99.09 |
| Issue and redemption price per share in GBP 1 |  | - | - | 99.09 |
| Class Q-mdist | LU1891428382 |  |  |  |
| Shares outstanding |  | 12 038.1510 | 7 884.1380 | 24 124.1560 |
| Net asset value per share in USD |  | 96.23 | 91.05 | 99.90 |
| Issue and redemption price per share in USD 1 |  | 96.23 | 91.05 | 99.90 |
| Class U-X-UKdist-mdist | LU1839734529 |  |  |  |
| Shares outstanding |  | 1 086.0000 | 1 264.0000 | 1 326.0000 |
| Net asset value per share in USD |  | 9 782.55 | 9 162.88 | 10 046.49 |
| Issue and redemption price per share in USD 1 |  | 9 782.55 | 9 162.88 | 10 046.49 |
| 1  See note 1 2  The share classes K-1-acc, K-1-mdis and (HKD) K-1-mdist were in | circulation until 18.5.2021 |  |  |  |
| 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 were in circulation |
| Performance |  |  |  |  |
|  | Currency | 2020/2021 | 2019/2020 | 2018/2019 |
| Class I-X-acc | USD | 11.5% | -3.9% | 4.6% |
| Class K-1-acc 1 | USD | - | -4.8% | 3.6% |
| Class K-1-mdist 1 | USD | - | -4.8% | 3.6% |
| Class (HKD) K-1-mdist 1 | HKD | - | -5.8% | 3.6% |
| Class (EUR hedged) K-X-acc | EUR | 10.3% | -6.1% | - |
| Class P-acc | USD | 10.0% | -5.1% | 3.2% |
| Class (CHF hedged) P-acc | CHF | 8.6% | -7.8% | -0.1% |
| Class (EUR hedged) P-acc | EUR | 8.8% | -7.4% | 0.3% |
| Class (GBP hedged) P-acc 2 | GBP | - | - | 1.5% |
| Class P-dist | USD | 10.0% | -5.1% | 3.2% |
| Class (CHF hedged) P-dist | CHF | 8.6% | -7.8% | -0.1% |
| Class (EUR hedged) P-dist | EUR | 8.8% | -7.3% | 0.3% |
| Class P-mdist | USD | 10.0% | -5.1% | 3.2% |
| Class (HKD) P-mdist | HKD | 10.1% | -6.2% | 3.2% |
| Class Q-acc | USD | 10.6% | -4.6% | 3.8% |
| Class (CHF hedged) Q-acc | CHF | 9.2% | -7.3% | 0.4% |
| Class (EUR hedged) Q-acc | EUR | 9.4% | -6.8% | 0.8% |
| Class (GBP hedged) Q-acc 2 | GBP | - | - | 2.0% |
| Class Q-dist | USD | 10.6% | -4.6% | 3.8% |
| Class (CHF hedged) Q-dist | CHF | 9.2% | -7.3% | 0.4% |
| Class (EUR hedged) Q-dist | EUR | 9.4% | -6.8% | 0.8% |
| Class (GBP hedged) Q-dist 2 | GBP | - | - | 2.0% |
| Class Q-mdist | USD | 10.6% | -4.6% | - |
| Class U-X-UKdist-mdist | USD | 11.5% | -3.9% | - |

1 
The share classes K-1-acc, K-1-mdis and (HKD) K-1-mdist were in circulation until 18.5.2021. Due to this fact, there is no data for the calculation of the performance available in 2021.
2 
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 were in circulation. Due to this fact, there is no data for the calculation of the performance available in 2021.
Historical performance is no indicator of current or future performance.
The performance data does not take account of any commissions and costs charged when subscribing and redeeming shares. The performance data were not audited.
The subfund has no benchmark.
UBS (Lux) Bond SICAV – Floating Rate Income (USD) Annual report and audited financial statements as of 31 May 2021

## Report of the Portfolio Manager
For the period from 1 June 2020 to 31 May 2021, the high yield market generated a strong positive absolute total return driven by the significant spread tightening. The main focus during the period was the substantial intervention by Central Banks around the world to sup- port economies as well as the positive vaccine news and vaccine roll-out programmes. The positive news flow, improving growth outlook and investors searching for yield continues to support the asset class.
The fund delivered a positive absolute performance dur- ing the period from 1 June 2020 to 31 May 2021. The floating rate nature of the strategy was a slight detrac- tor as short dated government bond yields were slightly lower than a year ago. From a sector positioning per- spective we ended the period favouring sectors such as Telecoms, Financial Services and Energy.
UBS (Lux) Bond SICAV – Floating Rate Income (USD)
Annual report and audited financial statements as of 31 May 2021

## Structure of the Securities Portfolio
Geographical Breakdown as a % of net assets	
| United States | 42.33 |
| --- | --- |
| Luxembourg | 12.74 |
| Cayman Islands | 7.63 |
| United Kingdom | 6.17 |
| France | 6.11 |
| Italy | 4.16 |
| The Netherlands | 2.67 |
| Germany | 2.44 |
| Denmark | 2.20 |
| Canada | 2.10 |
| Slovenia | 2.08 |
| Mexico | 1.46 |
| Sweden | 1.10 |
| Brazil | 0.95 |
| Australia | 0.79 |
| Belgium | 0.66 |
| Japan | 0.63 |
| Ireland | 0.15 |
| Total | 96.37 |

Economic Breakdown as a % of net assets	
| Finance & holding companies | 43.00 |
| --- | --- |
| Mortgage & funding institutions | 8.85 |
| Telecommunications | 8.29 |
| Banks & credit institutions | 7.48 |
| Petroleum | 5.51 |
| Investment funds | 5.47 |
| Healthcare & social services | 3.65 |
| Traffic & transportation | 2.57 |
| Internet, software & IT services | 2.10 |
| Textiles, garments & leather goods | 1.32 |
| Lodging, catering & leisure | 1.11 |
| Miscellaneous consumer goods | 0.96 |
| Computer hardware & network equipment providers | 0.92 |
| Real Estate | 0.85 |
| Energy & water supply | 0.75 |
| Retail trade, department stores | 0.71 |
| Vehicles | 0.63 |
| Mining, coal & steel | 0.58 |
| Chemicals | 0.53 |
| Miscellaneous services | 0.39 |
| Environmental services & recycling | 0.36 |
| Miscellaneous trading companies | 0.15 |
| Packaging industry | 0.14 |
| Aerospace industry | 0.05 |
| Total | 96.37 |


## Statement of Net Assets
Assets	31.5.2021
USD
Investments in securities, cost	132 618 708.72
| Investments in securities, unrealized appreciation (depreciation) | 	3 645 705.55	 |
| --- | --- |
| Total investments in securities (Note 1) | 136 264 414.27 |
| Cash at banks, deposits on demand and deposit accounts | 6 221 049.79 |
| Other liquid assets (Margins) | 3 628 804.31 |
| Receivable on subscriptions | 733 470.45 |
| Interest receivable on securities | 1 319 736.38 |
| Other receivables | 49 805.86 |
| Total Assets | 148 217 281.06 |
|  |  |
| Liabilities |  |
| Unrealized loss on forward foreign exchange contracts (Note 1) | -57 774.62 |
| Unrealized loss on swaps (Note 1) | -2 986 638.47 |
| Bank overdraft | -3 139 138.15 |
| Payable on securities purchases (Note 1) | -686.62 |
| Payable on redemptions | -441 512.77 |
| Provisions for flat fee (Note 2) | -175 104.24 |
| Provisions for taxe d’abonnement (Note 3) | -10 479.13 |
| Provisions for other commissions and fees (Note 2) | 	-15 104.03	 |
| Total provisions | -200 687.40 |
| Total Liabilities | -6 826 438.03 |
|  |  |
| Net assets at the end of the financial year | 141 390 843.03 |
| Statement of Operations | USD |
| Income | 1.6.2020-31.5.2021 |
| Interest on liquid assets | 20 156.33 |
| Interest on securities | 6 996 676.12 |
| Dividends | 220 996.32 |
| Interest received on swaps (Note 1) | 5 493 597.75 |
| Income on securities lending (Note 16) | 26 380.67 |
| Other income (Note 4) | 508 439.91 |
| Total income | 13 266 247.10 |
|  |  |
| Expenses |  |
| Interest paid on swaps (Note 1) | -5 919 081.82 |
| Flat fee (Note 2) | -1 578 536.12 |
| Taxe d’abonnement (Note 3) | -74 459.10 |
| Cost on securities lending (Note 16) | -10 552.27 |
| Other commissions and fees (Note 2) | -14 716.61 |
| Interest on cash and bank overdraft | -33 203.04 |
| Total expenses | -7 630 548.96 |
|  |  |
| Net income (loss) on investments | 5 635 698.14 |
|  |  |
| Realized gain (loss) (Note 1) |  |
| Realized gain (loss) on market-priced securities without options | -2 109 793.96 |
| Realized gain (loss) on options | 115 710.00 |
| Realized gain (loss) on financial futures | -11 306.00 |
| Realized gain (loss) on forward foreign exchange contracts | 905 897.54 |
| Realized gain (loss) on swaps | -2 331 540.55 |
| Realized gain (loss) on foreign exchange | 228 896.89 |
| Total realized gain (loss) | -3 202 136.08 |
|  |  |
| Net realized gain (loss) of the financial year | 2 433 562.06 |
|  |  |
| Changes in unrealized appreciation (depreciation) (Note 1) |  |
| Unrealized appreciation (depreciation) on market-priced securities without options | 19 557 527.77 |
| Unrealized appreciation (depreciation) on options | 80.15 |
| Unrealized appreciation (depreciation) on forward foreign exchange contracts | -539 234.51 |
| Unrealized appreciation (depreciation) on swaps | 3 117 533.88 |
| Total changes in unrealized appreciation (depreciation) | 22 135 907.29 |
|  |  |
| Net increase (decrease) in net assets as a result of operations | 24 569 469.35 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Annual report and audited financial statements as of 31 May 2021
| Changes in Net Assets |  |
| --- | --- |
|  | USD |
|  | 1.6.2020-31.5.2021 |
| Net assets at the beginning of the financial year | 197 474 004.06 |
| Subscriptions | 28 898 740.82 |
| Redemptions | 	-106 443 954.54	 |
| Total net subscriptions (redemptions) | -77 545 213.72 |
| Dividend paid | -3 107 416.66 |
| Net income (loss) on investments | 5 635 698.14 |
| Total realized gain (loss) | -3 202 136.08 |
| Total changes in unrealized appreciation (depreciation) | 	22 135 907.29	 |
| Net increase (decrease) in net assets as a result of operations | 24 569 469.35 |
| Net assets at the end of the financial year | 141 390 843.03 |
| Changes in the Number of Shares outstanding |  |
|  | 1.6.2020-31.5.2021 |
| Class | I-X-acc |
| Number of shares outstanding at the beginning of the financial year | 8 930.2880 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -3 808.8120 |
| Number of shares outstanding at the end of the financial year | 5 121.4760 |
| Class | K-1-acc |
| Number of shares outstanding at the beginning of the financial year | 0.8000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -0.8000 |
| Number of shares outstanding at the end of the financial year | 0.0000 |
| Class | K-1-mdist |
| Number of shares outstanding at the beginning of the financial year | 1.3000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -1.3000 |
| Number of shares outstanding at the end of the financial year | 0.0000 |
| Class | (HKD) K-1-mdist |
| Number of shares outstanding at the beginning of the financial year | 1.5000 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -1.5000 |
| Number of shares outstanding at the end of the financial year | 0.0000 |
| Class | (EUR hedged) K-X-acc |
| Number of shares outstanding at the beginning of the financial year | 102 083.0520 |
| Number of shares issued | 0.0000 |
| Number of shares redeemed | -81 485.1310 |
| Number of shares outstanding at the end of the financial year | 20 597.9210 |
| Class | P-acc |
| Number of shares outstanding at the beginning of the financial year | 216 981.7420 |
| Number of shares issued | 102 639.3350 |
| Number of shares redeemed | -153 807.2710 |
| Number of shares outstanding at the end of the financial year | 165 813.8060 |
| Class | (CHF hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 13 969.2830 |
| Number of shares issued | 391.5660 |
| Number of shares redeemed | -4 321.0540 |
| Number of shares outstanding at the end of the financial year | 10 039.7950 |
| Class | (EUR hedged) P-acc |
| Number of shares outstanding at the beginning of the financial year | 224 989.1560 |
| Number of shares issued | 15 036.9780 |
| Number of shares redeemed | -88 011.4400 |
| Number of shares outstanding at the end of the financial year | 152 014.6940 |
| Class | P-dist |
| Number of shares outstanding at the beginning of the financial year | 35 239.7220 |
| Number of shares issued | 28 372.0000 |
| Number of shares redeemed | -32 757.7240 |
| Number of shares outstanding at the end of the financial year | 30 853.9980 |
| Class | (CHF hedged) P-dist |
| Number of shares outstanding at the beginning of the financial year | 36 400.7490 |
| Number of shares issued | 965.0000 |
| Number of shares redeemed | -3 700.0000 |
| Number of shares outstanding at the end of the financial year | 33 665.7490 |
| Class | (EUR hedged) P-dist |
| Number of shares outstanding at the beginning of the financial year | 35 512.6960 |
| Number of shares issued | 787.6470 |
| Number of shares redeemed | -14 754.8780 |
| Number of shares outstanding at the end of the financial year | 21 545.4650 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD)
Annual report and audited financial statements as of 31 May 2021
| Class |  |  | P-mdist |
| --- | --- | --- | --- |
| Number of shares outstanding at the beginning of the financial year |  |  | 98 767.2280 |
| Number of shares issued |  |  | 20 590.0910 |
| Number of shares redeemed |  |  | -58 243.2260 |
| Number of shares outstanding at the end of the financial year |  |  | 61 114.0930 |
| Class |  |  | (HKD) P-mdist |
| Number of shares outstanding at the beginning of the financial year |  |  | 46 117.1910 |
| Number of shares issued |  |  | 4 053.9510 |
| Number of shares redeemed |  |  | -10 895.0670 |
| Number of shares outstanding at the end of the financial year |  |  | 39 276.0750 |
| Class |  |  | Q-acc |
| Number of shares outstanding at the beginning of the financial year |  |  | 263 745.8600 |
| Number of shares issued |  |  | 8 286.4220 |
| Number of shares redeemed |  |  | -81 789.0190 |
| Number of shares outstanding at the end of the financial year |  |  | 190 243.2630 |
| Class |  |  | (CHF hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year |  |  | 125 381.3940 |
| Number of shares issued |  |  | 3 875.5780 |
| Number of shares redeemed |  |  | -34 636.8580 |
| Number of shares outstanding at the end of the financial year |  |  | 94 620.1140 |
| Class |  |  | (EUR hedged) Q-acc |
| Number of shares outstanding at the beginning of the financial year |  |  | 253 623.1800 |
| Number of shares issued |  |  | 16 532.4890 |
| Number of shares redeemed |  |  | -144 576.9730 |
| Number of shares outstanding at the end of the financial year |  |  | 125 578.6960 |
| Class |  |  | Q-dist |
| Number of shares outstanding at the beginning of the financial year |  |  | 76 886.1570 |
| Number of shares issued |  |  | 41 183.7070 |
| Number of shares redeemed |  |  | -41 637.2860 |
| Number of shares outstanding at the end of the financial year |  |  | 76 432.5780 |
| Class |  |  | (CHF hedged) Q-dist |
| Number of shares outstanding at the beginning of the financial year |  |  | 53 033.6110 |
| Number of shares issued |  |  | 825.0000 |
| Number of shares redeemed |  |  | -15 019.6110 |
| Number of shares outstanding at the end of the financial year |  |  | 38 839.0000 |
| Class |  |  | (EUR hedged) Q-dist |
| Number of shares outstanding at the beginning of the financial year |  |  | 110 739.7750 |
| Number of shares issued |  |  | 25 025.2420 |
| Number of shares redeemed |  |  | -36 754.9070 |
| Number of shares outstanding at the end of the financial year |  |  | 99 010.1100 |
| Class |  |  | Q-mdist |
| Number of shares outstanding at the beginning of the financial year |  |  | 7 884.1380 |
| Number of shares issued |  |  | 7 147.1510 |
| Number of shares redeemed |  |  | -2 993.1380 |
| Number of shares outstanding at the end of the financial year |  |  | 12 038.1510 |
| Class |  |  | U-X-UKdist-mdist |
| Number of shares outstanding at the beginning of the financial year |  |  | 1 264.0000 |
| Number of shares issued |  |  | 19.0000 |
| Number of shares redeemed |  |  | -197.0000 |
| Number of shares outstanding at the end of the financial year |  |  | 1 086.0000 |
| Annual Distribution 1 |  |  |  |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD)	Ex-Date | Pay-Date | Currency | Amount per share |
| P-dist	3.8.2020 | 6.8.2020 | USD | 5.11 |
| (CHF hedged) P-dist	3.8.2020 | 6.8.2020 | CHF | 3.44 |
| (EUR hedged) P-dist	3.8.2020 | 6.8.2020 | EUR | 5.36 |
| Q-dist	3.8.2020 | 6.8.2020 | USD | 5.04 |
| (CHF hedged) Q-dist	3.8.2020 | 6.8.2020 | CHF | 3.71 |
| (EUR hedged) Q-dist	3.8.2020 | 6.8.2020 | EUR | 3.58 |
| Monthly Distribution 1 |  |  |  |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD)	Ex-Date | Pay-Date | Currency | Amount per share |
| K-1-mdist	15.6.2020 | 18.6.2020 | USD | 17 000.00 |
| K-1-mdist	15.7.2020 | 20.7.2020 | USD | 17 000.00 |
| K-1-mdist	17.8.2020 | 20.8.2020 | USD | 17 000.00 |
| K-1-mdist	15.9.2020 | 18.9.2020 | USD | 17 477.49 |
| K-1-mdist	15.10.2020 | 20.10.2020 | USD | 17 313.80 |
| K-1-mdist	16.11.2020 | 19.11.2020 | USD | 17 469.45 |
| K-1-mdist	15.12.2020 | 18.12.2020 | USD | 17 843.84 |
| K-1-mdist	15.1.2021 | 20.1.2021 | USD | 17 940.96 |
| K-1-mdist	15.2.2021 | 18.2.2021 | USD | 17 936.93 |
| K-1-mdist	15.3.2021 | 18.3.2021 | USD | 17 952.12 |
| K-1-mdist	15.4.2021 | 20.4.2021 | USD | 17 960.97 |
| K-1-mdist	17.5.2021 | 20.5.2021 | USD | 16 514.11 |
| (HKD) K-1-mdist	15.6.2020 | 18.6.2020 | HKD | 130 000.00 |
| 1  See note 5 |  |  |  |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Annual report and audited financial statements as of 31 May 2021
| UBS (Lux) Bond SICAV – Floating Rate Income (USD) | Ex-Date | Pay-Date | Currency | Amount per share |
| --- | --- | --- | --- | --- |
| (HKD) K-1-mdist | 15.7.2020 | 20.7.2020 | HKD | 130 000.00 |
| (HKD) K-1-mdist | 17.8.2020 | 20.8.2020 | HKD | 133 000.00 |
| (HKD) K-1-mdist | 15.9.2020 | 18.9.2020 | HKD | 135 178.32 |
| (HKD) K-1-mdist | 15.10.2020 | 20.10.2020 | HKD | 133 923.07 |
| (HKD) K-1-mdist | 16.11.2020 | 19.11.2020 | HKD | 133 747.29 |
| (HKD) K-1-mdist | 15.12.2020 | 18.12.2020 | HKD | 136 591.20 |
| (HKD) K-1-mdist | 15.1.2021 | 20.1.2021 | HKD | 137 377.91 |
| (HKD) K-1-mdist | 15.2.2021 | 18.2.2021 | HKD | 137 366.22 |
| (HKD) K-1-mdist | 15.3.2021 | 18.3.2021 | HKD | 137 563.97 |
| (HKD) K-1-mdist | 15.4.2021 | 20.4.2021 | HKD | 137 955.27 |
| (HKD) K-1-mdist | 17.5.2021 | 20.5.2021 | HKD | 130 351.68 |
| P-mdist | 15.6.2020 | 18.6.2020 | USD | 0.34 |
| P-mdist | 15.7.2020 | 20.7.2020 | USD | 0.34 |
| P-mdist | 17.8.2020 | 20.8.2020 | USD | 0.34 |
| P-mdist | 15.9.2020 | 18.9.2020 | USD | 0.35 |
| P-mdist | 15.10.2020 | 20.10.2020 | USD | 0.34 |
| P-mdist | 16.11.2020 | 19.11.2020 | USD | 0.35 |
| P-mdist | 15.12.2020 | 18.12.2020 | USD | 0.35 |
| P-mdist | 15.1.2021 | 20.1.2021 | USD | 0.35 |
| P-mdist | 15.2.2021 | 18.2.2021 | USD | 0.35 |
| P-mdist | 15.3.2021 | 18.3.2021 | USD | 0.35 |
| P-mdist | 15.4.2021 | 20.4.2021 | USD | 0.35 |
| P-mdist | 17.5.2021 | 20.5.2021 | USD | 0.33 |
| (HKD) P-mdist | 15.6.2020 | 18.6.2020 | HKD | 3.30 |
| (HKD) P-mdist | 15.7.2020 | 20.7.2020 | HKD | 3.30 |
| (HKD) P-mdist | 17.8.2020 | 20.8.2020 | HKD | 3.30 |
| (HKD) P-mdist | 15.9.2020 | 18.9.2020 | HKD | 3.34 |
| (HKD) P-mdist | 15.10.2020 | 20.10.2020 | HKD | 3.31 |
| (HKD) P-mdist | 16.11.2020 | 19.11.2020 | HKD | 3.30 |
| (HKD) P-mdist | 15.12.2020 | 18.12.2020 | HKD | 3.37 |
| (HKD) P-mdist | 15.1.2021 | 20.1.2021 | HKD | 3.39 |
| (HKD) P-mdist | 15.2.2021 | 18.2.2021 | HKD | 3.39 |
| (HKD) P-mdist | 15.3.2021 | 18.3.2021 | HKD | 3.39 |
| (HKD) P-mdist | 15.4.2021 | 20.4.2021 | HKD | 3.40 |
| (HKD) P-mdist | 17.5.2021 | 20.5.2021 | HKD | 3.21 |
| Q-mdist | 15.6.2020 | 18.6.2020 | USD | 0.35 |
| Q-mdist | 15.7.2020 | 20.7.2020 | USD | 0.35 |
| Q-mdist | 17.8.2020 | 20.8.2020 | USD | 0.35 |
| Q-mdist | 15.9.2020 | 18.9.2020 | USD | 0.36 |
| Q-mdist | 15.10.2020 | 20.10.2020 | USD | 0.35 |
| Q-mdist | 16.11.2020 | 19.11.2020 | USD | 0.36 |
| Q-mdist | 15.12.2020 | 18.12.2020 | USD | 0.37 |
| Q-mdist | 15.1.2021 | 20.1.2021 | USD | 0.37 |
| Q-mdist | 15.2.2021 | 18.2.2021 | USD | 0.37 |
| Q-mdist | 15.3.2021 | 18.3.2021 | USD | 0.37 |
| Q-mdist | 15.4.2021 | 20.4.2021 | USD | 0.37 |
| Q-mdist | 17.5.2021 | 20.5.2021 | USD | 0.34 |
| U-X-UKdist-mdist | 15.6.2020 | 18.6.2020 | USD | 12.12 |
| U-X-UKdist-mdist | 15.7.2020 | 20.7.2020 | USD | 44.75 |
| U-X-UKdist-mdist | 17.8.2020 | 20.8.2020 | USD | 38.15 |
| U-X-UKdist-mdist | 15.9.2020 | 18.9.2020 | USD | 31.02 |
| U-X-UKdist-mdist | 15.10.2020 | 20.10.2020 | USD | 15.16 |
| U-X-UKdist-mdist | 16.11.2020 | 19.11.2020 | USD | 11.10 |
| U-X-UKdist-mdist | 15.12.2020 | 18.12.2020 | USD | 36.93 |
| U-X-UKdist-mdist | 15.1.2021 | 20.1.2021 | USD | 27.82 |
| U-X-UKdist-mdist | 15.2.2021 | 18.2.2021 | USD | 33.10 |
| U-X-UKdist-mdist | 15.3.2021 | 18.3.2021 | USD | 21.79 |
| U-X-UKdist-mdist | 15.4.2021 | 20.4.2021 | USD | 16.30 |
| U-X-UKdist-mdist | 17.5.2021 | 20.5.2021 | USD | 129.29 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD)
Annual report and audited financial statements as of 31 May 2021

## Statement of Investments in Securities and other Net Assets as of 31 May 2021
| 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 |  |  |  |
| Notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ALTICE FRANCE-REG-S 5.87500% 18-01.02.27 | 1 225 000.00 | 1 594 183.14 | 1.13 |
| EUR	ARD FINANCE SA-REG-S (PIK) 5.00000% 19-30.06.27 | 1 035 000.00 | 1 292 384.03 | 0.91 |
| EUR	COGENT COMMUNICATIONS GROUP INC-REG-S 4.37500% 19-30.06.24 | 2 710 000.00 | 3 379 185.26 | 2.39 |
| EUR	DKT FINANCE APS-REG-S 7.00000% 18-17.06.23 | 2 500 000.00 | 3 111 644.25 | 2.20 |
| EUR	HOUSE OF FINANCE NV/THE-REG-S 4.37500% 19-15.07.26 | 750 000.00 | 927 442.99 | 0.66 |
| EUR	NIDDA HEALTHCARE HOLDING AG-REG-S 3.50000% 17-30.09.24 | 800 000.00 | 977 973.29 | 0.69 |
| EUR	SOFTBANK GROUP CORP-REG-S 4.00000% 18-20.04.23 | 700 000.00 | 896 844.55 | 0.63 |
| Total EUR |  | 12 179 657.51 | 8.61 |
| GBP |  |  |  |
| GBP	PINNACLE BIDCO PLC-REG-S 6.37500% 18-15.02.25 | 600 000.00 | 860 854.14 | 0.61 |
| Total GBP |  | 860 854.14 | 0.61 |
| USD |  |  |  |
| USD	APACHE CORP 4.62500% 20-15.11.25 | 755 000.00 | 801 228.65 | 0.57 |
| USD	ARDAGH PACKAGING FINANCE/MP-144A 4.12500% 19-15.08.26 | 200 000.00 | 204 750.00 | 0.14 |
| USD	BUCKEYE PARTNERS L P 4.15000% 13-01.07.23 | 695 000.00 | 718 789.85 | 0.51 |
| USD	CENTURYLINK INC 6.75000% 13-01.12.23 | 1 240 000.00 | 1 366 418.00 | 0.97 |
| USD	CENTURYLINK INC 7.50000% 16-01.04.24 | 745 000.00 | 834 400.00 | 0.59 |
| USD	EQT CORP 3.90000% 17-01.10.27 | 750 000.00 | 800 925.00 | 0.57 |
| USD	EQT MIDSTREAM PARTNERS LP 4.75000% 18-15.07.23 | 105 000.00 | 109 714.50 | 0.08 |
| USD	HILLENBRAND INC 5.75000% 20-15.06.25 | 1 250 000.00 | 1 339 900.00 | 0.95 |
| USD	HILTON GRAND VACATION BORROWER LLC 6.12500% 18-01.12.24 | 800 000.00 | 840 000.00 | 0.59 |
| USD	ISTAR INC 4.75000% 19-01.10.24 | 800 000.00 | 836 200.00 | 0.59 |
| USD	MURPHY OIL CORP 6.87500% 16-15.08.24 | 255 000.00 | 261 120.00 | 0.18 |
| USD	NEPTUNE ENERGY BONDCO PLC-144A 6.62500% 18-15.05.25 | 400 000.00 | 409 408.00 | 0.29 |
| USD	SPRINT CORP 7.62500% 18-01.03.26 | 915 000.00 | 1 111 725.00 | 0.79 |
| USD	SPRINT CORP 7.87500% 14-15.09.23 | 1 000 000.00 | 1 133 110.00 | 0.80 |
| USD	TENET HEALTHCARE CORP 4.62500% 17-15.07.24 | 1 750 000.00 | 1 775 200.00 | 1.25 |
| USD	VIRGIN AUSTRALIA HOLD-REG-S *DEFAULTED* 7.87500% 16-15.10.21 | 762 000.00 | 70 485.00 | 0.05 |
| Total USD |  | 12 613 374.00 | 8.92 |
| Total Notes, fixed rate |  | 25 653 885.65 | 18.14 |
| Notes, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	BORMIOLI PHARMA SPA-REG-S 3M EURIBOR+350BP 17-15.11.24 | 1 800 000.00 | 2 190 866.54 | 1.55 |
| EUR	GARFUNKELUX HOLDCO 3 SA-REG-S 3M EURIBOR+625BP 20-01.05.26 | 1 325 000.00 | 1 644 829.82 | 1.16 |
| EUR	LINCOLN FINANCING SARL-REG-S 3M EURIBOR+387.5BP 19-01.04.24 | 1 750 000.00 | 2 136 141.33 | 1.51 |
| EUR	PETROLEOS MEXICANOS-REG-S 3M EURIBOR+240BP 18-24.08.23 | 1 700 000.00 | 2 057 719.95 | 1.46 |
| EUR	UNITED GROUP BV-REG-S 3M EURIBOR+412.5BP 19-15.05.25 | 2 410 000.00 | 2 939 220.03 | 2.08 |
| Total EUR |  | 10 968 777.67 | 7.76 |
| GBP |  |  |  |
| GBP	MILLER HOMES GROUP HOLD PLC-REG-S 3M LIBOR+525BP 17-15.10.23 | 1 600 000.00 | 720 461.52 | 0.51 |
| GBP	PREMIER FOODS FINANCE PLC-REG-S 3M LIBOR+500BP 17-15.07.22 | 299 964.00 | 426 398.83 | 0.30 |
| Total GBP |  | 1 146 860.35 | 0.81 |
| USD |  |  |  |
| USD	FORD MOTOR CREDIT CO LLC 3M LIBOR+123.5BP 18-15.02.23 | 4 190 000.00 | 4 164 125.20 | 2.95 |
| USD	MORGAN STANLEY-SUB STEP DOWN 14-PRP | 1 500 000.00 | 1 502 250.00 | 1.06 |
| USD	OCCIDENTAL PETROLEUM CORP 3M LIBOR+145BP 19-15.08.22 | 875 000.00 | 868 452.09 | 0.61 |
| Total USD |  | 6 534 827.29 | 4.62 |
| Total Notes, floating rate |  | 18 650 465.31 | 13.19 |
| Medium term notes, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	AUTOSTRADE PER L’ITALIA SPA-REG-S 1.75000% 16-01.02.27 | 430 000.00 | 538 683.20 | 0.38 |
| EUR	CASINO GUICHARD PERRACHON SA-REG-S STEP-UP 14-07.03.24 | 800 000.00 | 997 193.34 | 0.71 |
| Total EUR |  | 1 535 876.54 | 1.09 |
| Total Medium term notes, fixed rate |  | 1 535 876.54 | 1.09 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	ALTICE FRANCE-REG-S 2.50000% 19-15.01.25 | 1 275 000.00 | 1 543 289.97 | 1.09 |
| EUR	MATTERHORN TELECOM SA-REG-S 2.62500% 19-15.09.24 | 1 910 000.00 | 2 370 290.42 | 1.68 |
| EUR	REKEEP SPA-REG-S 7.25000% 21-01.02.26 | 108 000.00 | 142 097.56 | 0.10 |
| EUR	VIVION INVESTMENTS SARL-REG-S 3.00000% 19-08.08.24 | 300 000.00 | 362 286.36 | 0.26 |
| Total EUR |  | 4 417 964.31 | 3.13 |
| GBP |  |  |  |
| GBP	GALAXY BIDCO LTD-REG-S 6.50000% 19-31.07.26 | 1 750 000.00 | 2 618 474.08 | 1.85 |
| GBP	JERROLD FINCO PLC-REG-S 4.87500% 20-15.01.26 | 1 945 000.00 | 2 845 743.70 | 2.01 |
| Total GBP |  | 5 464 217.78 | 3.86 |
| Total Bonds, fixed rate |  | 9 882 182.09 | 6.99 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Annual report and audited financial statements as of 31 May 2021
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Bonds, floating rate |  |  |  |
| EUR |  |  |  |
| EUR	AUTODIS SA-REG-S 6M EURIBOR+437.5BP 16-01.05.22 | 300 000.00 | 214 938.78 | 0.15 |
| EUR	BRUNELLO BIDCO SPA-REG-S 3M EURIBOR+371BP 21-15.02.28 | 990 000.00 | 1 211 028.72 | 0.86 |
| EUR	GOLDEN GOOSE SPA-REG-S 3M EURIBOR+487.5BP 21-14.05.27 | 825 000.00 | 996 077.67 | 0.70 |
| EUR	IPDEBV 3M EURIBOR+550 BP 20-01.12.25 | 750 000.00 | 926 139.58 | 0.66 |
| EUR	KAPLA HOLDING SAS-REG-S 3M EURIBOR+325BP 19-15.12.26 | 670 000.00 | 814 088.42 | 0.58 |
| EUR	PICARD GROUPE SA-REG-S 3M EURIBOR+300BP 17-30.11.23 | 2 850 000.00 | 3 481 764.86 | 2.46 |
| EUR	PLT VII FINANCE SARL-REG-S 3M LIBOR+462.5BP 20-05.01.26 | 2 005 000.00 | 2 485 120.18 | 1.76 |
| EUR	SOFIMA HOLDING SPA-REG-S 3M EURIBOR+400BP 20-15.01.28 | 660 000.00 | 808 562.90 | 0.57 |
| EUR	TRIVIUM PACKAGING FIN BV-REG-S 3M EURIBOR+375BP 19-15.08.26 | 2 330 000.00 | 2 848 774.50 | 2.01 |
| EUR	VERISURE HOLDING AB-REG-S 3M EURIBOR+500BP 20-15.04.25 | 1 250 000.00 | 1 557 044.77 | 1.10 |
| EUR	VERTICAL MIDCO GMBH-REG-S 3M EURIBOR+475BP 20-15.07.27 | 2 000 000.00 | 2 472 809.63 | 1.75 |
| Total EUR |  | 17 816 350.01 | 12.60 |
| USD |  |  |  |
| USD	BANK OF AMERICA CORP-SUB 6.500%/VAR 14-PRP | 1 000 000.00 | 1 132 500.00 | 0.80 |
| USD	CITIGROUP INC-SUB 5.950%/3M LIBOR+406.8BP 12-PRP | 1 500 000.00 | 1 578 180.00 | 1.12 |
| USD	JPMORGAN CHASE & CO-SUB 6.000%/3M LIBOR+330BP 13-PRP | 1 500 000.00 | 1 587 323.57 | 1.12 |
| USD	JPMORGAN CHASE &CO-SUB 5.000%/VAR 14-PRP | 2 200 000.00 | 2 191 970.00 | 1.55 |
| Total USD |  | 6 489 973.57 | 4.59 |
| Total Bonds, floating rate |  | 24 306 323.58 | 17.19 |
| Total Transferable securities and money market instruments listed on an official stock exchange |  | 80 028 733.17 | 56.60 |
| 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 | 1 001 503.80 | 0.71 |
| USD	CIFC FUNDING-144A 3M LIBOR+285BP 18-20.04.31 | 2 500 000.00 | 2 484 606.75 | 1.76 |
| USD	GALAXY XIX CLO LTD-144A 3M LIBOR+337BP 17-24.07.30 | 3 000 000.00 | 3 001 354.80 | 2.12 |
| USD	LCM XV LP-144A 3M LIBOR+370BP 17-20.07.30 | 250 000.00 | 246 885.88 | 0.17 |
| USD	SOUND POINT CLO XVII-144A 3M LIBOR+300BP 17-20.10.30 | 2 000 000.00 | 1 933 377.40 | 1.37 |
| USD	ZAIS CLO 7 LTD-144A 3M LIBOR+375BP 17-15.04.30 | 1 512 500.00 | 1 346 284.87 | 0.95 |
| Total USD |  | 10 014 013.50 | 7.08 |
| Total Asset Backed Securities, floating rate |  | 10 014 013.50 | 7.08 |
| Mortgage Backed Securities, floating rate |  |  |  |
| USD |  |  |  |
| USD	BAMLL COMMERCIAL MORT SET-144A 1M LIBOR+135BP 18-15.09.34 | 1 000 000.00 | 997 477.80 | 0.70 |
| USD	CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+175BP 19-15.12.37 | 750 000.00 | 750 666.00 | 0.53 |
| USD	CSWF TOP-144A-SUB FLR 18-15.08.35 | 1 250 000.00 | 997 481.30 | 0.71 |
| Total USD |  | 2 745 625.10 | 1.94 |
| Total Mortgage Backed Securities, floating rate |  | 2 745 625.10 | 1.94 |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	1011778 BC ULC/NEW RED FINANCE INC-144A 4.25000% 17-15.05.24 | 772 000.00 | 779 465.24 | 0.55 |
| USD	AMERICAN AIRLINES GROUP INC-144A 5.00000% 19-01.06.22 | 750 000.00 | 748 125.00 | 0.53 |
| USD	AMERICAN AIRLINES INC-144A 5.50000% 21-20.04.26 | 735 000.00 | 773 587.50 | 0.55 |
| USD	BLUE RACER MIDSTREAM LLC-144A 7.62500% 20-15.12.25 | 375 000.00 | 405 468.75 | 0.29 |
| USD	CAESARS ENTERTAINMENT INC-144A 6.25000% 20-01.07.25 | 755 000.00 | 795 709.60 | 0.56 |
| USD	CARNIVAL CORP-144A 11.50000% 20-01.04.23 | 675 000.00 | 772 031.25 | 0.55 |
| USD	CCO HOLDINGS LLC/CAPITAL CORP-144A 5.12500% 17-01.05.27 | 670 000.00 | 700 150.00 | 0.50 |
| USD	CHS/COMMUNITY HEALTH SYSTEMS INC-144A 8.00000% 19-15.03.26 | 1 050 000.00 | 1 123 888.50 | 0.79 |
| USD	COGENT COMMUNICATIONS GROUP INC-144A 5.37500% 15-01.03.22 | 52 000.00 | 52 910.00 | 0.04 |
| USD	COMMSCOPE INC-144A 5.50000% 19-01.03.24 | 975 000.00 | 1 002 982.50 | 0.71 |
| USD	CSN RESOURCES SA-144A 7.62500% 18-13.02.23 | 1 300 000.00 | 1 349 806.25 | 0.95 |
| USD	DELTA AIR LINES INC-144A 7.00000% 20-01.05.25 | 900 000.00 | 1 046 546.16 | 0.74 |
| USD	EQT CORP-144A 3.12500% 21-15.05.26 | 255 000.00 | 260 029.87 | 0.18 |
| USD	FIRST QUANTUM MINERALS LTD-144A 6.50000% 18-01.03.24 | 800 000.00 | 818 500.00 | 0.58 |
| USD	HANESBRANDS INC-144A 5.37500% 20-15.05.25 | 500 000.00 | 527 545.00 | 0.37 |
| USD	HERBALIFE NTRTON LTD/HLF FING INC-144A 7.87500% 20-01.09.25 | 450 000.00 | 489 357.00 | 0.35 |
| USD	HESS MIDSTREAM PARTNERS LP-144A 5.62500% 19-15.02.26 | 725 000.00 | 751 578.50 | 0.53 |
| USD	HILCORP ENERGY I LP/FINANCE CO-144A 5.75000% 15-01.10.25 | 750 000.00 | 759 375.00 | 0.54 |
| USD	LADDER CAPITAL FIN HLDG LLLP/CORP-144A 5.25000% 17-01.10.25 | 240 000.00 | 244 200.00 | 0.17 |
| USD	LIFEPOINT HEALTH INC-144A 6.75000% 20-15.04.25 | 750 000.00 | 793 125.00 | 0.56 |
| USD	MEG ENERGY CORP-144A 7.12500% 20-01.02.27 | 575 000.00 | 616 687.50 | 0.44 |
| USD	NEWELL BRANDS INC 4.87500% 20-01.06.25 | 850 000.00 | 946 339.00 | 0.67 |
| USD	NOVA CHEMICALS CORP-144A 5.25000% 17-01.06.27 | 700 000.00 | 749 000.00 | 0.53 |
| USD	PICASSO FINANCE SUB INC -144A 6.12500% 20-15.06.25 | 685 000.00 | 722 675.00 | 0.51 |
| USD	PRIME SEC SER BORROWER LLC/FIN INC-144A 5.25000% 19-15.04.24 | 370 000.00 | 394 050.00 | 0.28 |
| USD	SCIENTIFIC GAMES INTERNATIONAL-144A 5.00000% 17-15.10.25 | 1 200 000.00 | 1 236 000.00 | 0.87 |
| USD	SIRIUS XM RADIO INC-144A 4.62500% 19-15.07.24 | 2 100 000.00 | 2 152 500.00 | 1.52 |
| USD	UNITED AIRLINES INC-144A 4.37500% 21-15.04.28 | 120 000.00 | 124 350.00 | 0.09 |
| USD	VICI PROPERTIES LP /VCI NTE CO INC-144A 4.25000% 19-01.12.26 | 750 000.00 | 771 562.50 | 0.55 |
| USD	VICI PROPERTIES LP /VCI NTE CO INC-144A 3.50000% 20-15.02.25 | 70 000.00 | 71 302.00 | 0.05 |
| USD	VIRGIN AUSTRALIA HOLD-144A *DEFAULTED* 7.87500% 16-15.10.21 | 76 000.00 | 6 935.00 | 0.00 |
| USD	WASTE PRO USA INC-144A 5.50000% 18-15.02.26 | 500 000.00 | 508 750.00 | 0.36 |
| USD	WILLIAM CARTER COMPANY-144A 5.62500% 19-15.03.27 | 330 000.00 | 345 675.00 | 0.24 |
| Total USD |  | 22 840 207.12 | 16.15 |
| Total Notes, fixed rate |  | 22 840 207.12 | 16.15 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD)
Annual report and audited financial statements as of 31 May 2021
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |
| Notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	CAPITAL ONE FINANCIAL CORP 3M LIBOR+72BP 18-30.01.23 | 1 500 000.00 | 1 512 917.04 | 1.07 |
| USD	MACQUARIE GROUP LTD-144A 3.189%/VAR 17-28.11.23 | 1 000 000.00 | 1 039 050.00 | 0.73 |
| USD	WESTERN MIDSTREAM OPERATING LP 3M LIBOR+185BP 20-13.01.23 | 1 615 000.00 | 1 610 996.21 | 1.14 |
| Total USD |  | 4 162 963.25 | 2.94 |
| Total Notes, floating rate |  | 4 162 963.25 | 2.94 |
| Medium term notes, floating rate |  |  |  |
| USD |  |  |  |
| USD	GOLDMAN SACHS GROUP 3M LIBOR+160BP 13-29.11.23 | 2 500 000.00 | 2 579 835.38 | 1.83 |
| Total USD |  | 2 579 835.38 | 1.83 |
| Total Medium term notes, floating rate |  | 2 579 835.38 | 1.83 |
| Bonds, fixed rate |  |  |  |
| EUR |  |  |  |
| EUR	PANTHER BF AGGR 2/PANTHER FIN CO-REG-S 4.37500% 19-15.05.26 | 700 000.00 | 885 844.16 | 0.63 |
| Total EUR |  | 885 844.16 | 0.63 |
| Total Bonds, fixed rate |  | 885 844.16 | 0.63 |
| Total Transferable securities and money market instruments traded on another regulated market |  | 43 228 488.51 | 30.57 |

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 | CDW LLC/CDW FINANCE CORP 4.12500% 20-01.05.25 | 1 245 000.00 | 1 301 635.05 | 0.92 |
| USD | INTERNATIONAL GAME TECHNOLOGY PLC-144A 4.12500% 21-15.04.26 | 810 000.00 | 836 325.00 | 0.59 |
| USD | MATTEL INC-144A 3.37500% 21-01.04.26 | 395 000.00 | 409 417.50 | 0.29 |
| Total USD |  |  | 2 547 377.55 | 1.80 |
| Total Notes, fixed rate |  | 2 547 377.55 | 1.80 |
| Total Transferable securities and money market instruments not listed on an official stock exchange and not traded on another regulated market |  | 2 547 377.55 | 1.80 |
| Recently issued transferable securities and money market instruments |  |  |  |
| Notes, fixed rate |  |  |  |
| USD |  |  |  |
| USD	CALIFORNIA RESOURCES CORP-144A 7.12500% 21-01.02.26 | 500 000.00 | 517 500.00 | 0.37 |
| USD	NABORS INDUSTRIES INC-144A 9.00000% 20-01.02.25 | 2 160 000.00 | 2 208 600.00 | 1.56 |
| Total USD |  | 2 726 100.00 | 1.93 |
| Total Notes, fixed rate | 2 726 100.00 | 1.93 |
| Total Recently issued transferable securities and money market instruments | 2 726 100.00 | 1.93 |
| UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 |  |  |
| Investment funds, open end |  |  |
| Ireland |  |  |
| USD	ISHARES USD HIGH YIELD CORPORATE BOND UCITS ETF	1.00 | 102.54 | 0.00 |
| Total Ireland | 102.54 | 0.00 |
| Luxembourg |  |  |
| EUR	UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC	40 000.00 | 6 949 053.54 | 4.92 |
| USD	UBS (LUX) BOND SICAV - ASIAN HIGH YIELD (USD) U-X-ACC	61.00 | 778 738.81 | 0.55 |
| Total Luxembourg | 7 727 792.35 | 5.47 |
| Total Investment funds, open end | 7 727 894.89 | 5.47 |
| Total UCITS/Other UCIs in accordance with Article 41 (1) e) of the amended Luxembourg law of 17 December 2010 | 7 727 894.89 | 5.47 |
| Derivative instruments not listed on an official stock exchange and not traded on another regulated market |  |  |
| Options on other swaps, classic-styled |  |  |
| USD |  |  |
| USD	GOLDMAN SACH/CDX.NA.HY.36 SWAPTION PUT 103.00000 21-21.07.21	-3 500 000.00 | -5 044.90 | 0.00 |
| USD	GOLDMAN SACH/CDX.NA.HY.36 SWAPTION PUT 106.00000 21-21.07.21	-3 500 000.00 | -9 363.90 | -0.01 |
| USD	GOLDMAN SACH/CDX.NA.HY.36 SWAPTION PUT 108.50000 21-21.07.21	3 500 000.00 | 20 228.95 | 0.01 |
| Total USD | 5 820.15 | 0.00 |
| Total Options on other swaps, classic-styled | 5 820.15 | 0.00 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | 5 820.15 | 0.00 |
| Total investments in securities | 136 264 414.27 | 96.37 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Annual report and audited financial statements as of 31 May 2021
| Description | Quantity/ | Valuation in USD | as a % |
| --- | --- | --- | --- |
|  | Nominal | Unrealized gain | of net |
|  |  | (loss) on Futures/ | assets |
|  |  | Forward |  |
|  |  | Exchange Contracts/ |  |
|  |  | Swaps (Note 1) |  |


## 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 USD | CME/INTEREST RATE SWAP PAYER 5.25000% 17-05.12.21 CME/INTEREST RATE SWAP REC 3ML 17-05.12.21 | -10 000 000.00 | -278 295.93 | -0.20 |
| --- | --- | --- | --- | --- |
| USD | CME/INTEREST RATE SWAP PAYER 6.20000% 17-14.12.21 | -2 700 000.00 | -83 603.60 | -0.06 |
| USD | CME/INTEREST RATE SWAP REC 3ML 17-14.12.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.10000% 17-15.12.22 | -2 700 000.00 | -135 953.14 | -0.10 |
| 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 | -296 491.86 | -0.21 |
| 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 | -118 818.16 | -0.08 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-03.07.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.88000% 18-07.06.21 | -8 000 000.00 | -171 197.29 | -0.12 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-07.06.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.70000% 19-28.02.24 | -11 000 000.00 | -807 639.01 | -0.57 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-28.02.24 |  |  |  |
| EUR | CME/INTEREST RATE SWAP PAYER 3.40000% 19-04.11.23 | -5 000 000.00 | -125 086.10 | -0.09 |
| 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 | -271 785.20 | -0.19 |
| EUR | CME/INTEREST RATE SWAP REC 6MEIB 19-04.11.22 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAYER 5.70000% 20-25.03.25 | -3 500 000.00 | 1 282.75 | 0.00 |
| GBP | LCH/INTEREST RATE SWAP REC 6ML 20-25.03.25 |  |  |  |
| EUR | LCH/IINTEREST RATE SWAP PAYER 4.00000% 20-02.06.23 | -8 500 000.00 | -252 773.06 | -0.18 |
| EUR | LCH/INTEREST RATE SWAP REC 6ME 20-02.06.23 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.90000% 20-02.06.23 | -6 500 000.00 | -101 268.34 | -0.07 |
| USD | CME/INTEREST RATE SWAP REC 3ML 20-02.06.23 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.00000% 20-01.07.23 | -12 000 000.00 | -143 874.67 | -0.10 |
| USD | CME/INTEREST RATE SWAP REC 3ML 20-01.07.23 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 3.29000% 18-26.03.22 | -7 000 000.00 | -63 900.99 | -0.04 |
| EUR | LCH/INTEREST RATE SWAP REC 6MEIB 18-26.03.22 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 3.73000% 18-30.05.23 | -7 000 000.00 | -137 233.87 | -0.10 |
| EUR | LCH/INTEREST RATE SWAP REC 6MEIB 18-30.05.23 |  |  |  |
| Total Swaps and forward swaps on interest rates | -2 986 638.47 | -2.11 |
| Total Derivative instruments not listed on an official stock exchange and not traded on another regulated market | -2 986 638.47 | -2.11 |
| Total Derivative instruments | -2 986 638.47 | -2.11 |
| Forward Foreign Exchange contracts |  |  |
| Currency purchased/Amount purchased/Currency sold/Amount sold/Maturity date |  |  |

| USD | 7 812 994.20 | GBP | 5 500 000.00 | 21.6.2021 | -5 430.35 | -0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 55 878 564.52 | EUR | 45 715 000.00 | 21.6.2021 | -33 123.71 | -0.02 |
| EUR | 39 703 900.00 | USD | 48 531 049.72 | 21.6.2021 | 28 768.25 | 0.02 |
| CHF | 16 853 800.00 | USD | 18 804 124.28 | 21.6.2021 | -56 124.17 | -0.04 |
| EUR | 2 600 000.00 | USD | 3 172 133.64 | 21.6.2021 | 7 793.94 | 0.01 |
| EUR | 151 100.00 | USD | 184 686.05 | 21.6.2021 | 116.66 | 0.00 |
| EUR | 441 700.00 | USD | 540 471.36 | 21.6.2021 | -250.59 | 0.00 |
| CHF | 182 400.00 | USD | 203 717.42 | 21.6.2021 | -817.47 | 0.00 |
| USD | 218 980.66 | CHF | 196 300.00 | 21.6.2021 | 618.49 | 0.00 |
| EUR | 136 900.00 | USD | 167 108.20 | 21.6.2021 | 327.22 | 0.00 |
| EUR | 167 100.00 | USD | 204 024.39 | 21.6.2021 | 347.11 | 0.00 |
| Total Forward Foreign Exchange contracts | -57 774.62 | -0.04 |
|  |  |  |
| Cash at banks, deposits on demand and deposit accounts and other liquid assets | 9 849 854.10 | 6.97 |
| Bank overdraft and other short-term liabilities | -3 139 138.15 | -2.22 |
| Other assets and liabilities | 1 460 125.90 | 1.03 |
| Total net assets | 141 390 843.03 | 100.00 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD)
Annual report and audited financial statements as of 31 May 2021

Translation (ENDE, 2021-05-31):
# UBS (Lux) Bond SICAV – Floating Rate Income (USD)
| Dreijahresvergleich |  |
| --- | --- |
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| Nettovermögen in USD |  | 141 390 843.03 | 197 474 004.06 | 389 562 979.96 |
| Klasse I-X-acc | LU1776430768 |  |  |  |
| Aktien im Umlauf |  | 5 121.4760 | 8 930.2880 | 66 196.6420 |
| Nettoinventarwert pro Aktie in USD |  | 112.11 | 100.57 | 104.60 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 112.11 | 100.57 | 104.60 |
| Klasse K-1-acc 2 | LU1679116258 |  |  |  |
| Aktien im Umlauf |  | - | 0.8000 | 1.6000 |
| Nettoinventarwert pro Aktie in USD |  | - | 4 959 339.84 | 5 207 475.24 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | - | 4 959 339.84 | 5 207 475.24 |
| Klasse K-1-mdist 2 | LU1692484782 |  |  |  |
| Aktien im Umlauf |  | - | 1.3000 | 2.2000 |
| Nettoinventarwert pro Aktie in USD |  | - | 4 450 589.93 | 4 891 625.20 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | - | 4 450 589.93 | 4 891 625.20 |
| Klasse (HKD) K-1-mdist 2 | LU1692484865 |  |  |  |
| Aktien im Umlauf |  | - | 1.5000 | 3.0000 |
| Nettoinventarwert pro Aktie in HKD |  | - | 35 344 841.83 | 39 283 149.59 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | - | 35 344 841.83 | 39 283 149.59 |
| Klasse (EUR hedged) K-X-acc | LU1856011025 |  |  |  |
| Aktien im Umlauf |  | 20 597.9210 | 102 083.0520 | 26 601.3650 |
| Nettoinventarwert pro Aktie in EUR |  | 104.48 | 94.74 | 100.92 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 104.48 | 94.74 | 100.92 |
| Klasse P-acc | LU1679112000 |  |  |  |
| Aktien im Umlauf |  | 165 813.8060 | 216 981.7420 | 350 465.1740 |
| Nettoinventarwert pro Aktie in USD |  | 108.00 | 98.20 | 103.52 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 108.00 | 98.20 | 103.52 |
| Klasse (CHF hedged) P-acc | LU1679114808 |  |  |  |
| Aktien im Umlauf |  | 10 039.7950 | 13 969.2830 | 16 126.8550 |
| Nettoinventarwert pro Aktie in CHF |  | 98.91 | 91.06 | 98.79 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 98.91 | 91.06 | 98.79 |
| Klasse (EUR hedged) P-acc | LU1679113404 |  |  |  |
| Aktien im Umlauf |  | 152 014.6940 | 224 989.1560 | 319 305.0850 |
| Nettoinventarwert pro Aktie in EUR |  | 100.15 | 92.06 | 99.37 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 100.15 | 92.06 | 99.37 |
| Klasse (GBP hedged) P-acc 3 | LU1685801778 |  |  |  |
| Aktien im Umlauf |  | - | - | 9 626.9400 |
| Nettoinventarwert pro Aktie in GBP |  | - | - | 101.05 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | - | - | 101.05 |
| Klasse P-dist | LU1679112349 |  |  |  |
| Aktien im Umlauf |  | 30 853.9980 | 35 239.7220 | 75 450.5260 |
| Nettoinventarwert pro Aktie in USD |  | 96.87 | 93.01 | 101.06 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 96.87 | 93.01 | 101.06 |
| Klasse (CHF hedged) P-dist | LU1679115102 |  |  |  |
| Aktien im Umlauf |  | 33 665.7490 | 36 400.7490 | 36 415.7490 |
| Nettoinventarwert pro Aktie in CHF |  | 89.89 | 86.09 | 96.38 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 89.89 | 86.09 | 96.38 |
| Klasse (EUR hedged) P-dist | LU1679113743 |  |  |  |
| Aktien im Umlauf |  | 21 545.4650 | 35 512.6960 | 79 094.7610 |
| Nettoinventarwert pro Aktie in EUR |  | 88.96 | 86.97 | 96.91 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 88.96 | 86.97 | 96.91 |
| Klasse P-mdist | LU1679116506 |  |  |  |
| Aktien im Umlauf |  | 61 114.0930 | 98 767.2280 | 214 518.9170 |
| Nettoinventarwert pro Aktie in USD |  | 92.65 | 88.14 | 97.25 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 92.65 | 88.14 | 97.25 |
| Klasse (HKD) P-mdist | LU1692484949 |  |  |  |
| Aktien im Umlauf |  | 39 276.0750 | 46 117.1910 | 81 511.2990 |
| Nettoinventarwert pro Aktie in HKD |  | 921.95 | 874.77 | 976.23 |
| Ausgabe- und Rücknahmepreis pro Aktie in HKD 1 |  | 921.95 | 874.77 | 976.23 |
| Klasse Q-acc | LU1679112851 |  |  |  |
| Aktien im Umlauf |  | 190 243.2630 | 263 745.8600 | 782 983.7680 |
| Nettoinventarwert pro Aktie in USD |  | 110.10 | 99.55 | 104.38 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 110.10 | 99.55 | 104.38 |
| Klasse (CHF hedged) Q-acc | LU1679115524 |  |  |  |
| Aktien im Umlauf |  | 94 620.1140 | 125 381.3940 | 219 176.7060 |
| Nettoinventarwert pro Aktie in CHF |  | 100.83 | 92.31 | 99.60 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 100.83 | 92.31 | 99.60 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
|  | ISIN | 31.5.2021 | 31.5.2020 | 31.5.2019 |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |
| Klasse (EUR hedged) Q-acc | LU1679114121 |  |  |  |
| Aktien im Umlauf |  | 125 578.6960 | 253 623.1800 | 613 224.8740 |
| Nettoinventarwert pro Aktie in EUR |  | 102.10 | 93.34 | 100.19 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 102.10 | 93.34 | 100.19 |
| Klasse (GBP hedged) Q-acc 3 | LU1685808278 |  |  |  |
| Aktien im Umlauf |  | - | - | 16 091.1690 |
| Nettoinventarwert pro Aktie in GBP |  | - | - | 101.89 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | - | - | 101.89 |
| Klasse Q-dist | LU1679113156 |  |  |  |
| Aktien im Umlauf |  | 76 432.5780 | 76 886.1570 | 101 020.3900 |
| Nettoinventarwert pro Aktie in USD |  | 98.06 | 93.53 | 101.62 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 98.06 | 93.53 | 101.62 |
| Klasse (CHF hedged) Q-dist | LU1679115953 |  |  |  |
| Aktien im Umlauf |  | 38 839.0000 | 53 033.6110 | 70 701.0000 |
| Nettoinventarwert pro Aktie in CHF |  | 90.60 | 86.54 | 96.89 |
| Ausgabe- und Rücknahmepreis pro Aktie in CHF 1 |  | 90.60 | 86.54 | 96.89 |
| Klasse (EUR hedged) Q-dist | LU1679114550 |  |  |  |
| Aktien im Umlauf |  | 99 010.1100 | 110 739.7750 | 110 110.4120 |
| Nettoinventarwert pro Aktie in EUR |  | 91.81 | 87.40 | 97.42 |
| Ausgabe- und Rücknahmepreis pro Aktie in EUR 1 |  | 91.81 | 87.40 | 97.42 |
| Klasse (GBP hedged) Q-dist 3 | LU1685817428 |  |  |  |
| Aktien im Umlauf |  | - | - | 13 494.7820 |
| Nettoinventarwert pro Aktie in GBP |  | - | - | 99.09 |
| Ausgabe- und Rücknahmepreis pro Aktie in GBP 1 |  | - | - | 99.09 |
| Klasse Q-mdist | LU1891428382 |  |  |  |
| Aktien im Umlauf |  | 12 038.1510 | 7 884.1380 | 24 124.1560 |
| Nettoinventarwert pro Aktie in USD |  | 96.23 | 91.05 | 99.90 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 96.23 | 91.05 | 99.90 |
| Klasse U-X-UKdist-mdist | LU1839734529 |  |  |  |
| Aktien im Umlauf |  | 1 086.0000 | 1 264.0000 | 1 326.0000 |
| Nettoinventarwert pro Aktie in USD |  | 9 782.55 | 9 162.88 | 10 046.49 |
| Ausgabe- und Rücknahmepreis pro Aktie in USD 1 |  | 9 782.55 | 9 162.88 | 10 046.49 |
| 1  Siehe Erläuterung 1 2  Die Aktienklassen K-1-acc, K-1-mdist und (HKD) K-1-mdist waren bis | zum 18.5.2021 im Umlauf |  |  |  |
| 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 |
| Performance |  |  |  |  |
|  | Währung | 2020/2021 | 2019/2020 | 2018/2019 |
| Klasse I-X-acc | USD | 11.5% | -3.9% | 4.6% |
| Klasse K-1-acc 1 | USD | - | -4.8% | 3.6% |
| Klasse K-1-mdist 1 | USD | - | -4.8% | 3.6% |
| Klasse (HKD) K-1-mdist 1 | HKD | - | -5.8% | 3.6% |
| Klasse (EUR hedged) K-X-acc | EUR | 10.3% | -6.1% | - |
| Klasse P-acc | USD | 10.0% | -5.1% | 3.2% |
| Klasse (CHF hedged) P-acc | CHF | 8.6% | -7.8% | -0.1% |
| Klasse (EUR hedged) P-acc | EUR | 8.8% | -7.4% | 0.3% |
| Klasse (GBP hedged) P-acc 2 | GBP | - | - | 1.5% |
| Klasse P-dist | USD | 10.0% | -5.1% | 3.2% |
| Klasse (CHF hedged) P-dist | CHF | 8.6% | -7.8% | -0.1% |
| Klasse (EUR hedged) P-dist | EUR | 8.8% | -7.3% | 0.3% |
| Klasse P-mdist | USD | 10.0% | -5.1% | 3.2% |
| Klasse (HKD) P-mdist | HKD | 10.1% | -6.2% | 3.2% |
| Klasse Q-acc | USD | 10.6% | -4.6% | 3.8% |
| Klasse (CHF hedged) Q-acc | CHF | 9.2% | -7.3% | 0.4% |
| Klasse (EUR hedged) Q-acc | EUR | 9.4% | -6.8% | 0.8% |
| Klasse (GBP hedged) Q-acc 2 | GBP | - | - | 2.0% |
| Klasse Q-dist | USD | 10.6% | -4.6% | 3.8% |
| Klasse (CHF hedged) Q-dist | CHF | 9.2% | -7.3% | 0.4% |
| Klasse (EUR hedged) Q-dist | EUR | 9.4% | -6.8% | 0.8% |
| Klasse (GBP hedged) Q-dist 2 | GBP | - | - | 2.0% |
| Klasse Q-mdist | USD | 10.6% | -4.6% | - |
| Klasse U-X-UKdist-mdist | USD | 11.5% | -3.9% | - |

1 
Die Aktienklassen K-1-acc, K-1-mdist und (HKD) K-1-mdist waren bis zum 18.5.2021 im Umlauf. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2021 vor.
2 
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. Auf Grund dessen liegen keine Daten für die Berechnung der Performance im Jahr 2021 vor.
Die historische Performance stellt keinen Indikator für die laufende oder zukünftige Performance dar.
Die Performancedaten lassen die bei der Ausgabe und Rücknahme der Aktien erhobenen Kommissionen und Kosten unberücksichtigt. Die Performancedaten sind ungeprüft.
Der Subfonds verfügt über keine Benchmark.
UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

## Bericht des Portfolio Managers
Im Berichtszeitraum vom 1. Juni 2020 bis zum 31. Mai 2021 verbuchte der Markt für Hochzinsanleihen einen sehr positiven absoluten Gesamtertrag, der hauptsäch- lich auf die Verengung der Risikoprämien zurückzu- führen war. Das Augenmerk richtete sich in dieser Zeit primär auf die massiven Interventionen der weltweiten Zentralbanken zur Unterstützung der Wirtschaft sowie auf positive Impfstoffmeldungen und Impfprogramme. Durch positive Nachrichten, verbesserte Wachstumsaus- sichten und die Suche der Anleger nach Renditen erhielt die Anlageklasse weiterhin Rückenwind.
Der Fonds verbuchte im Berichtszeitraum vom 1. Juni 2020 bis zum 31. Mai 2021 eine positive absolute Per- formance. Die Ausrichtung der Strategie auf variabel verzinsliche Wertpapiere war leicht nachteilig, da die Renditen kurzfristiger Staatsanleihen etwas tiefer waren als vor einem Jahr. Im Hinblick auf die Sektorpositionie- rung bevorzugten wir am Ende des Berichtszeitraums Sektoren wie Telekommunikation, Finanzdienstleister und Energie.

## Struktur des Wertpapierbestandes
Geographische Aufteilung in % des Nettovermögens	
| Vereinigte Staaten | 42.33 |
| --- | --- |
| Luxemburg | 12.74 |
| Cayman-Inseln | 7.63 |
| Grossbritannien | 6.17 |
| Frankreich | 6.11 |
| Italien | 4.16 |
| Niederlande | 2.67 |
| Deutschland | 2.44 |
| Dänemark | 2.20 |
| Kanada | 2.10 |
| Slowenien | 2.08 |
| Mexiko | 1.46 |
| Schweden | 1.10 |
| Brasilien | 0.95 |
| Australien | 0.79 |
| Belgien | 0.66 |
| Japan | 0.63 |
| Irland | 0.15 |
| Total | 96.37 |

Wirtschaftliche Aufteilung in % des Nettovermögens	
| Finanz- & Beteiligungsgesellschaften | 43.00 |
| --- | --- |
| Pfandbriefinstitute & Refinanzierungsgesellschaften | 8.85 |
| Telekommunikation | 8.29 |
| Banken & Kreditinstitute | 7.48 |
| Erdöl | 5.51 |
| Anlagefonds | 5.47 |
| Gesundheits- & Sozialwesen | 3.65 |
| Verkehr & Transport | 2.57 |
| Internet, Software & IT-Dienste | 2.10 |
| Textilien, Kleidung & Lederwaren | 1.32 |
| Gastgewerbe & Freizeit | 1.11 |
| Diverse Konsumgüter | 0.96 |
| Computer & Netzwerkausrüster | 0.92 |
| Immobilien | 0.85 |
| Energie- & Wasserversorgung | 0.75 |
| Detailhandel, Warenhäuser | 0.71 |
| Fahrzeuge | 0.63 |
| Bergbau, Kohle & Stahl | 0.58 |
| Chemie | 0.53 |
| Diverse Dienstleistungen | 0.39 |
| Umwelt & Recycling | 0.36 |
| Diverse Handelsfirmen | 0.15 |
| Verpackungsindustrie | 0.14 |
| Flugzeug- & Raumfahrtindustrie | 0.05 |
| Total | 96.37 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

## Nettovermögensaufstellung
Aktiva	31.5.2021
USD
Wertpapierbestand, Einstandswert	132 618 708.72
| Wertpapierbestand, nicht realisierte Werterhöhung (-minderung) | 	3 645 705.55	 |
| --- | --- |
| Total Wertpapierbestand (Erläuterung 1) | 136 264 414.27 |
| Bankguthaben, Sicht- und Fristgelder | 6 221 049.79 |
| Andere liquide Mittel (Margins) | 3 628 804.31 |
| Forderungen aus Zeichnungen | 733 470.45 |
| Zinsforderungen aus Wertpapieren | 1 319 736.38 |
| Sonstige Forderungen | 49 805.86 |
| Total Aktiva | 148 217 281.06 |
|  |  |
| Passiva |  |
| Nicht realisierter Kursverlust aus Devisenterminkontrakten (Erläuterung 1) | -57 774.62 |
| Nicht realisierter Kursverlust aus Swaps (Erläuterung 1) | -2 986 638.47 |
| Kontokorrentkredit | -3 139 138.15 |
| Verbindlichkeiten aus Wertpapierkäufen (Erläuterung 1) | -686.62 |
| Verbindlichkeiten aus Rücknahmen | -441 512.77 |
| Rückstellungen für pauschale Verwaltungskommission (Erläuterung 2) | -175 104.24 |
| Rückstellungen für Abonnementsabgabe (Erläuterung 3) | -10 479.13 |
| Rückstellungen für sonstige Kommissionen und Gebühren (Erläuterung 2) | 	-15 104.03	 |
| Total Rückstellungen für Aufwendungen | -200 687.40 |
| Total Passiva | -6 826 438.03 |
|  |  |
| Nettovermögen am Ende des Geschäftsjahres | 141 390 843.03 |
| Ertrags- und Aufwandsrechnung | USD |
| Erträge | 1.6.2020-31.5.2021 |
| Zinsertrag auf liquide Mittel | 20 156.33 |
| Zinsen auf Wertpapiere | 6 996 676.12 |
| Dividenden | 220 996.32 |
| Zinsertrag auf Swaps (Erläuterung 1) | 5 493 597.75 |
| Erträge aus Securities Lending (Erläuterung 16) | 26 380.67 |
| Sonstige Erträge (Erläuterung 4) | 508 439.91 |
| Total Erträge | 13 266 247.10 |
|  |  |
| Aufwendungen |  |
| Zinsaufwand auf Swaps (Erläuterung 1) | -5 919 081.82 |
| Pauschale Verwaltungskommission (Erläuterung 2) | -1 578 536.12 |
| Abonnementsabgabe (Erläuterung 3) | -74 459.10 |
| Kosten aus Securities Lending (Erläuterung 16) | -10 552.27 |
| Sonstige Kommissionen und Gebühren (Erläuterung 2) | -14 716.61 |
| Zinsaufwand auf liquide Mittel und Kontokorrentkredit | -33 203.04 |
| Total Aufwendungen | -7 630 548.96 |
|  |  |
| Nettoerträge (-verluste) aus Anlagen | 5 635 698.14 |
|  |  |
| Realisierte Gewinne (Verluste) (Erläuterung 1) |  |
| Realisierter Kursgewinn (-verlust) aus marktbewerteten Wertpapieren ausser Optionen | -2 109 793.96 |
| Realisierter Kursgewinn (-verlust) aus Optionen | 115 710.00 |
| Realisierter Kursgewinn (-verlust) aus Finanzterminkontrakten | -11 306.00 |
| Realisierter Kursgewinn (-verlust) aus Devisenterminkontrakten | 905 897.54 |
| Realisierter Kursgewinn (-verlust) aus Swaps | -2 331 540.55 |
| Realisierter Währungsgewinn (-verlust) | 228 896.89 |
| Total der realisierten Gewinne (Verluste) | -3 202 136.08 |
|  |  |
| Realisierter Nettogewinn (-verlust) des Geschäftsjahres | 2 433 562.06 |
|  |  |
| Veränderungen der nicht realisierten Werterhöhung (-minderung) (Erläuterung 1) |  |
| Nicht realisierte Werterhöhung (-minderung) marktbewerteter Wertpapiere ausser Optionen | 19 557 527.77 |
| Nicht realisierte Werterhöhung (-minderung) von Optionen | 80.15 |
| Nicht realisierte Werterhöhung (-minderung) von Devisenterminkontrakten | -539 234.51 |
| Nicht realisierte Werterhöhung (-minderung) von Swaps | 3 117 533.88 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 22 135 907.29 |
|  |  |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 24 569 469.35 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Veränderung des Nettovermögens |  |
| --- | --- |
|  | USD |
|  | 1.6.2020-31.5.2021 |
| Nettovermögen zu Beginn des Geschäftsjahres | 197 474 004.06 |
| Zeichnungen | 28 898 740.82 |
| Rücknahmen | 	-106 443 954.54	 |
| Total Mittelzufluss (-abfluss) | -77 545 213.72 |
| Ausbezahlte Dividende | -3 107 416.66 |
| Nettoerträge (-verluste) aus Anlagen | 5 635 698.14 |
| Total der realisierten Gewinne (Verluste) | -3 202 136.08 |
| Total der Veränderungen der nicht realisierten Werterhöhung (-minderung) | 	22 135 907.29	 |
| Nettoerhöhung (-minderung) des Nettovermögens infolge Geschäftstätigkeit | 24 569 469.35 |
| Nettovermögen am Ende des Geschäftsjahres | 141 390 843.03 |
| Entwicklung der Aktien im Umlauf |  |
|  | 1.6.2020-31.5.2021 |
| Klasse | I-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 8 930.2880 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -3 808.8120 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 5 121.4760 |
| Klasse | K-1-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 0.8000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -0.8000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | K-1-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1.3000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -1.3000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | (HKD) K-1-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 1.5000 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -1.5000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 0.0000 |
| Klasse | (EUR hedged) K-X-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 102 083.0520 |
| Anzahl der ausgegebenen Aktien | 0.0000 |
| Anzahl der zurückgegebenen Aktien | -81 485.1310 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 20 597.9210 |
| Klasse | P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 216 981.7420 |
| Anzahl der ausgegebenen Aktien | 102 639.3350 |
| Anzahl der zurückgegebenen Aktien | -153 807.2710 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 165 813.8060 |
| Klasse | (CHF hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 13 969.2830 |
| Anzahl der ausgegebenen Aktien | 391.5660 |
| Anzahl der zurückgegebenen Aktien | -4 321.0540 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 10 039.7950 |
| Klasse | (EUR hedged) P-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 224 989.1560 |
| Anzahl der ausgegebenen Aktien | 15 036.9780 |
| Anzahl der zurückgegebenen Aktien | -88 011.4400 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 152 014.6940 |
| Klasse | P-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 35 239.7220 |
| Anzahl der ausgegebenen Aktien | 28 372.0000 |
| Anzahl der zurückgegebenen Aktien | -32 757.7240 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 30 853.9980 |
| Klasse | (CHF hedged) P-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 36 400.7490 |
| Anzahl der ausgegebenen Aktien | 965.0000 |
| Anzahl der zurückgegebenen Aktien | -3 700.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 33 665.7490 |
| Klasse | (EUR hedged) P-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres | 35 512.6960 |
| Anzahl der ausgegebenen Aktien | 787.6470 |
| Anzahl der zurückgegebenen Aktien | -14 754.8780 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres | 21 545.4650 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Klasse |  |  | P-mdist |
| --- | --- | --- | --- |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 98 767.2280 |
| Anzahl der ausgegebenen Aktien |  |  | 20 590.0910 |
| Anzahl der zurückgegebenen Aktien |  |  | -58 243.2260 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 61 114.0930 |
| Klasse |  |  | (HKD) P-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 46 117.1910 |
| Anzahl der ausgegebenen Aktien |  |  | 4 053.9510 |
| Anzahl der zurückgegebenen Aktien |  |  | -10 895.0670 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 39 276.0750 |
| Klasse |  |  | Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 263 745.8600 |
| Anzahl der ausgegebenen Aktien |  |  | 8 286.4220 |
| Anzahl der zurückgegebenen Aktien |  |  | -81 789.0190 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 190 243.2630 |
| Klasse |  |  | (CHF hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 125 381.3940 |
| Anzahl der ausgegebenen Aktien |  |  | 3 875.5780 |
| Anzahl der zurückgegebenen Aktien |  |  | -34 636.8580 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 94 620.1140 |
| Klasse |  |  | (EUR hedged) Q-acc |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 253 623.1800 |
| Anzahl der ausgegebenen Aktien |  |  | 16 532.4890 |
| Anzahl der zurückgegebenen Aktien |  |  | -144 576.9730 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 125 578.6960 |
| Klasse |  |  | Q-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 76 886.1570 |
| Anzahl der ausgegebenen Aktien |  |  | 41 183.7070 |
| Anzahl der zurückgegebenen Aktien |  |  | -41 637.2860 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 76 432.5780 |
| Klasse |  |  | (CHF hedged) Q-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 53 033.6110 |
| Anzahl der ausgegebenen Aktien |  |  | 825.0000 |
| Anzahl der zurückgegebenen Aktien |  |  | -15 019.6110 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 38 839.0000 |
| Klasse |  |  | (EUR hedged) Q-dist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 110 739.7750 |
| Anzahl der ausgegebenen Aktien |  |  | 25 025.2420 |
| Anzahl der zurückgegebenen Aktien |  |  | -36 754.9070 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 99 010.1100 |
| Klasse |  |  | Q-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 7 884.1380 |
| Anzahl der ausgegebenen Aktien |  |  | 7 147.1510 |
| Anzahl der zurückgegebenen Aktien |  |  | -2 993.1380 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 12 038.1510 |
| Klasse |  |  | U-X-UKdist-mdist |
| Anzahl der Aktien im Umlauf zu Beginn des Geschäftsjahres |  |  | 1 264.0000 |
| Anzahl der ausgegebenen Aktien |  |  | 19.0000 |
| Anzahl der zurückgegebenen Aktien |  |  | -197.0000 |
| Anzahl der Aktien im Umlauf am Ende des Geschäftsjahres |  |  | 1 086.0000 |
| Jährliche Ausschüttung 1 |  |  |  |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD)	Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| P-dist	3.8.2020 | 6.8.2020 | USD | 5.11 |
| (CHF hedged) P-dist	3.8.2020 | 6.8.2020 | CHF | 3.44 |
| (EUR hedged) P-dist	3.8.2020 | 6.8.2020 | EUR | 5.36 |
| Q-dist	3.8.2020 | 6.8.2020 | USD | 5.04 |
| (CHF hedged) Q-dist	3.8.2020 | 6.8.2020 | CHF | 3.71 |
| (EUR hedged) Q-dist	3.8.2020 | 6.8.2020 | EUR | 3.58 |
| Monatliche Ausschüttung 1 |  |  |  |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD)	Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| K-1-mdist	15.6.2020 | 18.6.2020 | USD | 17 000.00 |
| K-1-mdist	15.7.2020 | 20.7.2020 | USD | 17 000.00 |
| K-1-mdist	17.8.2020 | 20.8.2020 | USD | 17 000.00 |
| K-1-mdist	15.9.2020 | 18.9.2020 | USD | 17 477.49 |
| K-1-mdist	15.10.2020 | 20.10.2020 | USD | 17 313.80 |
| K-1-mdist	16.11.2020 | 19.11.2020 | USD | 17 469.45 |
| K-1-mdist	15.12.2020 | 18.12.2020 | USD | 17 843.84 |
| K-1-mdist	15.1.2021 | 20.1.2021 | USD | 17 940.96 |
| K-1-mdist	15.2.2021 | 18.2.2021 | USD | 17 936.93 |
| K-1-mdist	15.3.2021 | 18.3.2021 | USD | 17 952.12 |
| K-1-mdist	15.4.2021 | 20.4.2021 | USD | 17 960.97 |
| K-1-mdist	17.5.2021 | 20.5.2021 | USD | 16 514.11 |
| (HKD) K-1-mdist	15.6.2020 | 18.6.2020 | HKD | 130 000.00 |
| 1  Siehe Erläuterung 5 |  |  |  |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| UBS (Lux) Bond SICAV – Floating Rate Income (USD) | Ex-Date | Pay-Date | Währung | Betrag pro Aktie |
| --- | --- | --- | --- | --- |
| (HKD) K-1-mdist | 15.7.2020 | 20.7.2020 | HKD | 130 000.00 |
| (HKD) K-1-mdist | 17.8.2020 | 20.8.2020 | HKD | 133 000.00 |
| (HKD) K-1-mdist | 15.9.2020 | 18.9.2020 | HKD | 135 178.32 |
| (HKD) K-1-mdist | 15.10.2020 | 20.10.2020 | HKD | 133 923.07 |
| (HKD) K-1-mdist | 16.11.2020 | 19.11.2020 | HKD | 133 747.29 |
| (HKD) K-1-mdist | 15.12.2020 | 18.12.2020 | HKD | 136 591.20 |
| (HKD) K-1-mdist | 15.1.2021 | 20.1.2021 | HKD | 137 377.91 |
| (HKD) K-1-mdist | 15.2.2021 | 18.2.2021 | HKD | 137 366.22 |
| (HKD) K-1-mdist | 15.3.2021 | 18.3.2021 | HKD | 137 563.97 |
| (HKD) K-1-mdist | 15.4.2021 | 20.4.2021 | HKD | 137 955.27 |
| (HKD) K-1-mdist | 17.5.2021 | 20.5.2021 | HKD | 130 351.68 |
| P-mdist | 15.6.2020 | 18.6.2020 | USD | 0.34 |
| P-mdist | 15.7.2020 | 20.7.2020 | USD | 0.34 |
| P-mdist | 17.8.2020 | 20.8.2020 | USD | 0.34 |
| P-mdist | 15.9.2020 | 18.9.2020 | USD | 0.35 |
| P-mdist | 15.10.2020 | 20.10.2020 | USD | 0.34 |
| P-mdist | 16.11.2020 | 19.11.2020 | USD | 0.35 |
| P-mdist | 15.12.2020 | 18.12.2020 | USD | 0.35 |
| P-mdist | 15.1.2021 | 20.1.2021 | USD | 0.35 |
| P-mdist | 15.2.2021 | 18.2.2021 | USD | 0.35 |
| P-mdist | 15.3.2021 | 18.3.2021 | USD | 0.35 |
| P-mdist | 15.4.2021 | 20.4.2021 | USD | 0.35 |
| P-mdist | 17.5.2021 | 20.5.2021 | USD | 0.33 |
| (HKD) P-mdist | 15.6.2020 | 18.6.2020 | HKD | 3.30 |
| (HKD) P-mdist | 15.7.2020 | 20.7.2020 | HKD | 3.30 |
| (HKD) P-mdist | 17.8.2020 | 20.8.2020 | HKD | 3.30 |
| (HKD) P-mdist | 15.9.2020 | 18.9.2020 | HKD | 3.34 |
| (HKD) P-mdist | 15.10.2020 | 20.10.2020 | HKD | 3.31 |
| (HKD) P-mdist | 16.11.2020 | 19.11.2020 | HKD | 3.30 |
| (HKD) P-mdist | 15.12.2020 | 18.12.2020 | HKD | 3.37 |
| (HKD) P-mdist | 15.1.2021 | 20.1.2021 | HKD | 3.39 |
| (HKD) P-mdist | 15.2.2021 | 18.2.2021 | HKD | 3.39 |
| (HKD) P-mdist | 15.3.2021 | 18.3.2021 | HKD | 3.39 |
| (HKD) P-mdist | 15.4.2021 | 20.4.2021 | HKD | 3.40 |
| (HKD) P-mdist | 17.5.2021 | 20.5.2021 | HKD | 3.21 |
| Q-mdist | 15.6.2020 | 18.6.2020 | USD | 0.35 |
| Q-mdist | 15.7.2020 | 20.7.2020 | USD | 0.35 |
| Q-mdist | 17.8.2020 | 20.8.2020 | USD | 0.35 |
| Q-mdist | 15.9.2020 | 18.9.2020 | USD | 0.36 |
| Q-mdist | 15.10.2020 | 20.10.2020 | USD | 0.35 |
| Q-mdist | 16.11.2020 | 19.11.2020 | USD | 0.36 |
| Q-mdist | 15.12.2020 | 18.12.2020 | USD | 0.37 |
| Q-mdist | 15.1.2021 | 20.1.2021 | USD | 0.37 |
| Q-mdist | 15.2.2021 | 18.2.2021 | USD | 0.37 |
| Q-mdist | 15.3.2021 | 18.3.2021 | USD | 0.37 |
| Q-mdist | 15.4.2021 | 20.4.2021 | USD | 0.37 |
| Q-mdist | 17.5.2021 | 20.5.2021 | USD | 0.34 |
| U-X-UKdist-mdist | 15.6.2020 | 18.6.2020 | USD | 12.12 |
| U-X-UKdist-mdist | 15.7.2020 | 20.7.2020 | USD | 44.75 |
| U-X-UKdist-mdist | 17.8.2020 | 20.8.2020 | USD | 38.15 |
| U-X-UKdist-mdist | 15.9.2020 | 18.9.2020 | USD | 31.02 |
| U-X-UKdist-mdist | 15.10.2020 | 20.10.2020 | USD | 15.16 |
| U-X-UKdist-mdist | 16.11.2020 | 19.11.2020 | USD | 11.10 |
| U-X-UKdist-mdist | 15.12.2020 | 18.12.2020 | USD | 36.93 |
| U-X-UKdist-mdist | 15.1.2021 | 20.1.2021 | USD | 27.82 |
| U-X-UKdist-mdist | 15.2.2021 | 18.2.2021 | USD | 33.10 |
| U-X-UKdist-mdist | 15.3.2021 | 18.3.2021 | USD | 21.79 |
| U-X-UKdist-mdist | 15.4.2021 | 20.4.2021 | USD | 16.30 |
| U-X-UKdist-mdist | 17.5.2021 | 20.5.2021 | USD | 129.29 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021

## Aufstellung der Wertpapierbestände und anderer Nettovermögenswerte per 31. Mai 2021
| 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 |  |  |  |
| Notes, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	ALTICE FRANCE-REG-S 5.87500% 18-01.02.27 | 1 225 000.00 | 1 594 183.14 | 1.13 |
| EUR	ARD FINANCE SA-REG-S (PIK) 5.00000% 19-30.06.27 | 1 035 000.00 | 1 292 384.03 | 0.91 |
| EUR	COGENT COMMUNICATIONS GROUP INC-REG-S 4.37500% 19-30.06.24 | 2 710 000.00 | 3 379 185.26 | 2.39 |
| EUR	DKT FINANCE APS-REG-S 7.00000% 18-17.06.23 | 2 500 000.00 | 3 111 644.25 | 2.20 |
| EUR	HOUSE OF FINANCE NV/THE-REG-S 4.37500% 19-15.07.26 | 750 000.00 | 927 442.99 | 0.66 |
| EUR	NIDDA HEALTHCARE HOLDING AG-REG-S 3.50000% 17-30.09.24 | 800 000.00 | 977 973.29 | 0.69 |
| EUR	SOFTBANK GROUP CORP-REG-S 4.00000% 18-20.04.23 | 700 000.00 | 896 844.55 | 0.63 |
| Total EUR |  | 12 179 657.51 | 8.61 |
| GBP |  |  |  |
| GBP	PINNACLE BIDCO PLC-REG-S 6.37500% 18-15.02.25 | 600 000.00 | 860 854.14 | 0.61 |
| Total GBP |  | 860 854.14 | 0.61 |
| USD |  |  |  |
| USD	APACHE CORP 4.62500% 20-15.11.25 | 755 000.00 | 801 228.65 | 0.57 |
| USD	ARDAGH PACKAGING FINANCE/MP-144A 4.12500% 19-15.08.26 | 200 000.00 | 204 750.00 | 0.14 |
| USD	BUCKEYE PARTNERS L P 4.15000% 13-01.07.23 | 695 000.00 | 718 789.85 | 0.51 |
| USD	CENTURYLINK INC 6.75000% 13-01.12.23 | 1 240 000.00 | 1 366 418.00 | 0.97 |
| USD	CENTURYLINK INC 7.50000% 16-01.04.24 | 745 000.00 | 834 400.00 | 0.59 |
| USD	EQT CORP 3.90000% 17-01.10.27 | 750 000.00 | 800 925.00 | 0.57 |
| USD	EQT MIDSTREAM PARTNERS LP 4.75000% 18-15.07.23 | 105 000.00 | 109 714.50 | 0.08 |
| USD	HILLENBRAND INC 5.75000% 20-15.06.25 | 1 250 000.00 | 1 339 900.00 | 0.95 |
| USD	HILTON GRAND VACATION BORROWER LLC 6.12500% 18-01.12.24 | 800 000.00 | 840 000.00 | 0.59 |
| USD	ISTAR INC 4.75000% 19-01.10.24 | 800 000.00 | 836 200.00 | 0.59 |
| USD	MURPHY OIL CORP 6.87500% 16-15.08.24 | 255 000.00 | 261 120.00 | 0.18 |
| USD	NEPTUNE ENERGY BONDCO PLC-144A 6.62500% 18-15.05.25 | 400 000.00 | 409 408.00 | 0.29 |
| USD	SPRINT CORP 7.62500% 18-01.03.26 | 915 000.00 | 1 111 725.00 | 0.79 |
| USD	SPRINT CORP 7.87500% 14-15.09.23 | 1 000 000.00 | 1 133 110.00 | 0.80 |
| USD	TENET HEALTHCARE CORP 4.62500% 17-15.07.24 | 1 750 000.00 | 1 775 200.00 | 1.25 |
| USD	VIRGIN AUSTRALIA HOLD-REG-S *DEFAULTED* 7.87500% 16-15.10.21 | 762 000.00 | 70 485.00 | 0.05 |
| Total USD |  | 12 613 374.00 | 8.92 |
| Total Notes, fester Zins |  | 25 653 885.65 | 18.14 |
| Notes, variabler Zins |  |  |  |
| EUR |  |  |  |
| EUR	BORMIOLI PHARMA SPA-REG-S 3M EURIBOR+350BP 17-15.11.24 | 1 800 000.00 | 2 190 866.54 | 1.55 |
| EUR	GARFUNKELUX HOLDCO 3 SA-REG-S 3M EURIBOR+625BP 20-01.05.26 | 1 325 000.00 | 1 644 829.82 | 1.16 |
| EUR	LINCOLN FINANCING SARL-REG-S 3M EURIBOR+387.5BP 19-01.04.24 | 1 750 000.00 | 2 136 141.33 | 1.51 |
| EUR	PETROLEOS MEXICANOS-REG-S 3M EURIBOR+240BP 18-24.08.23 | 1 700 000.00 | 2 057 719.95 | 1.46 |
| EUR	UNITED GROUP BV-REG-S 3M EURIBOR+412.5BP 19-15.05.25 | 2 410 000.00 | 2 939 220.03 | 2.08 |
| Total EUR |  | 10 968 777.67 | 7.76 |
| GBP |  |  |  |
| GBP	MILLER HOMES GROUP HOLD PLC-REG-S 3M LIBOR+525BP 17-15.10.23 | 1 600 000.00 | 720 461.52 | 0.51 |
| GBP	PREMIER FOODS FINANCE PLC-REG-S 3M LIBOR+500BP 17-15.07.22 | 299 964.00 | 426 398.83 | 0.30 |
| Total GBP |  | 1 146 860.35 | 0.81 |
| USD |  |  |  |
| USD	FORD MOTOR CREDIT CO LLC 3M LIBOR+123.5BP 18-15.02.23 | 4 190 000.00 | 4 164 125.20 | 2.95 |
| USD	MORGAN STANLEY-SUB STEP DOWN 14-PRP | 1 500 000.00 | 1 502 250.00 | 1.06 |
| USD	OCCIDENTAL PETROLEUM CORP 3M LIBOR+145BP 19-15.08.22 | 875 000.00 | 868 452.09 | 0.61 |
| Total USD |  | 6 534 827.29 | 4.62 |
| Total Notes, variabler Zins |  | 18 650 465.31 | 13.19 |
| Medium-Term Notes, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	AUTOSTRADE PER L’ITALIA SPA-REG-S 1.75000% 16-01.02.27 | 430 000.00 | 538 683.20 | 0.38 |
| EUR	CASINO GUICHARD PERRACHON SA-REG-S STEP-UP 14-07.03.24 | 800 000.00 | 997 193.34 | 0.71 |
| Total EUR |  | 1 535 876.54 | 1.09 |
| Total Medium-Term Notes, fester Zins |  | 1 535 876.54 | 1.09 |
| Anleihen, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	ALTICE FRANCE-REG-S 2.50000% 19-15.01.25 | 1 275 000.00 | 1 543 289.97 | 1.09 |
| EUR	MATTERHORN TELECOM SA-REG-S 2.62500% 19-15.09.24 | 1 910 000.00 | 2 370 290.42 | 1.68 |
| EUR	REKEEP SPA-REG-S 7.25000% 21-01.02.26 | 108 000.00 | 142 097.56 | 0.10 |
| EUR	VIVION INVESTMENTS SARL-REG-S 3.00000% 19-08.08.24 | 300 000.00 | 362 286.36 | 0.26 |
| Total EUR |  | 4 417 964.31 | 3.13 |
| GBP |  |  |  |
| GBP	GALAXY BIDCO LTD-REG-S 6.50000% 19-31.07.26 | 1 750 000.00 | 2 618 474.08 | 1.85 |
| GBP	JERROLD FINCO PLC-REG-S 4.87500% 20-15.01.26 | 1 945 000.00 | 2 845 743.70 | 2.01 |
| Total GBP |  | 5 464 217.78 | 3.86 |
| Total Anleihen, fester Zins |  | 9 882 182.09 | 6.99 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Anleihen, variabler Zins |  |  |  |
| EUR |  |  |  |
| EUR	AUTODIS SA-REG-S 6M EURIBOR+437.5BP 16-01.05.22 | 300 000.00 | 214 938.78 | 0.15 |
| EUR	BRUNELLO BIDCO SPA-REG-S 3M EURIBOR+371BP 21-15.02.28 | 990 000.00 | 1 211 028.72 | 0.86 |
| EUR	GOLDEN GOOSE SPA-REG-S 3M EURIBOR+487.5BP 21-14.05.27 | 825 000.00 | 996 077.67 | 0.70 |
| EUR	IPDEBV 3M EURIBOR+550 BP 20-01.12.25 | 750 000.00 | 926 139.58 | 0.66 |
| EUR	KAPLA HOLDING SAS-REG-S 3M EURIBOR+325BP 19-15.12.26 | 670 000.00 | 814 088.42 | 0.58 |
| EUR	PICARD GROUPE SA-REG-S 3M EURIBOR+300BP 17-30.11.23 | 2 850 000.00 | 3 481 764.86 | 2.46 |
| EUR	PLT VII FINANCE SARL-REG-S 3M LIBOR+462.5BP 20-05.01.26 | 2 005 000.00 | 2 485 120.18 | 1.76 |
| EUR	SOFIMA HOLDING SPA-REG-S 3M EURIBOR+400BP 20-15.01.28 | 660 000.00 | 808 562.90 | 0.57 |
| EUR	TRIVIUM PACKAGING FIN BV-REG-S 3M EURIBOR+375BP 19-15.08.26 | 2 330 000.00 | 2 848 774.50 | 2.01 |
| EUR	VERISURE HOLDING AB-REG-S 3M EURIBOR+500BP 20-15.04.25 | 1 250 000.00 | 1 557 044.77 | 1.10 |
| EUR	VERTICAL MIDCO GMBH-REG-S 3M EURIBOR+475BP 20-15.07.27 | 2 000 000.00 | 2 472 809.63 | 1.75 |
| Total EUR |  | 17 816 350.01 | 12.60 |
| USD |  |  |  |
| USD	BANK OF AMERICA CORP-SUB 6.500%/VAR 14-PRP | 1 000 000.00 | 1 132 500.00 | 0.80 |
| USD	CITIGROUP INC-SUB 5.950%/3M LIBOR+406.8BP 12-PRP | 1 500 000.00 | 1 578 180.00 | 1.12 |
| USD	JPMORGAN CHASE & CO-SUB 6.000%/3M LIBOR+330BP 13-PRP | 1 500 000.00 | 1 587 323.57 | 1.12 |
| USD	JPMORGAN CHASE &CO-SUB 5.000%/VAR 14-PRP | 2 200 000.00 | 2 191 970.00 | 1.55 |
| Total USD |  | 6 489 973.57 | 4.59 |
| Total Anleihen, variabler Zins | 24 306 323.58 | 17.19 |
| Total Wertpapiere und Geldmarktinstrumente, die an einer offiziellen Börse gehandelt werden | 80 028 733.17 | 56.60 |
| 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 | 1 001 503.80 | 0.71 |
| USD	CIFC FUNDING-144A 3M LIBOR+285BP 18-20.04.31	2 500 000.00 | 2 484 606.75 | 1.76 |
| USD	GALAXY XIX CLO LTD-144A 3M LIBOR+337BP 17-24.07.30	3 000 000.00 | 3 001 354.80 | 2.12 |
| USD	LCM XV LP-144A 3M LIBOR+370BP 17-20.07.30	250 000.00 | 246 885.88 | 0.17 |
| USD	SOUND POINT CLO XVII-144A 3M LIBOR+300BP 17-20.10.30	2 000 000.00 | 1 933 377.40 | 1.37 |
| USD	ZAIS CLO 7 LTD-144A 3M LIBOR+375BP 17-15.04.30	1 512 500.00 | 1 346 284.87 | 0.95 |
| Total USD | 10 014 013.50 | 7.08 |
| Total Asset Backed Securities, variabler Zins | 10 014 013.50 | 7.08 |
| Mortgage Backed Securities, variabler Zins |  |  |
| USD |  |  |
| USD	BAMLL COMMERCIAL MORT SET-144A 1M LIBOR+135BP 18-15.09.34	1 000 000.00 | 997 477.80 | 0.70 |
| USD	CAMB COMM MORTGAGE TRUST-144A-SUB 1M LIBOR+175BP 19-15.12.37	750 000.00 | 750 666.00 | 0.53 |
| USD	CSWF TOP-144A-SUB FLR 18-15.08.35	1 250 000.00 | 997 481.30 | 0.71 |
| Total USD | 2 745 625.10 | 1.94 |
| Total Mortgage Backed Securities, variabler Zins | 2 745 625.10 | 1.94 |
| Notes, fester Zins |  |  |
| USD |  |  |
| USD	1011778 BC ULC/NEW RED FINANCE INC-144A 4.25000% 17-15.05.24	772 000.00 | 779 465.24 | 0.55 |
| USD	AMERICAN AIRLINES GROUP INC-144A 5.00000% 19-01.06.22	750 000.00 | 748 125.00 | 0.53 |
| USD	AMERICAN AIRLINES INC-144A 5.50000% 21-20.04.26	735 000.00 | 773 587.50 | 0.55 |
| USD	BLUE RACER MIDSTREAM LLC-144A 7.62500% 20-15.12.25	375 000.00 | 405 468.75 | 0.29 |
| USD	CAESARS ENTERTAINMENT INC-144A 6.25000% 20-01.07.25	755 000.00 | 795 709.60 | 0.56 |
| USD	CARNIVAL CORP-144A 11.50000% 20-01.04.23	675 000.00 | 772 031.25 | 0.55 |
| USD	CCO HOLDINGS LLC/CAPITAL CORP-144A 5.12500% 17-01.05.27	670 000.00 | 700 150.00 | 0.50 |
| USD	CHS/COMMUNITY HEALTH SYSTEMS INC-144A 8.00000% 19-15.03.26	1 050 000.00 | 1 123 888.50 | 0.79 |
| USD	COGENT COMMUNICATIONS GROUP INC-144A 5.37500% 15-01.03.22	52 000.00 | 52 910.00 | 0.04 |
| USD	COMMSCOPE INC-144A 5.50000% 19-01.03.24	975 000.00 | 1 002 982.50 | 0.71 |
| USD	CSN RESOURCES SA-144A 7.62500% 18-13.02.23	1 300 000.00 | 1 349 806.25 | 0.95 |
| USD	DELTA AIR LINES INC-144A 7.00000% 20-01.05.25	900 000.00 | 1 046 546.16 | 0.74 |
| USD	EQT CORP-144A 3.12500% 21-15.05.26	255 000.00 | 260 029.87 | 0.18 |
| USD	FIRST QUANTUM MINERALS LTD-144A 6.50000% 18-01.03.24	800 000.00 | 818 500.00 | 0.58 |
| USD	HANESBRANDS INC-144A 5.37500% 20-15.05.25	500 000.00 | 527 545.00 | 0.37 |
| USD	HERBALIFE NTRTON LTD/HLF FING INC-144A 7.87500% 20-01.09.25	450 000.00 | 489 357.00 | 0.35 |
| USD	HESS MIDSTREAM PARTNERS LP-144A 5.62500% 19-15.02.26	725 000.00 | 751 578.50 | 0.53 |
| USD	HILCORP ENERGY I LP/FINANCE CO-144A 5.75000% 15-01.10.25	750 000.00 | 759 375.00 | 0.54 |
| USD	LADDER CAPITAL FIN HLDG LLLP/CORP-144A 5.25000% 17-01.10.25	240 000.00 | 244 200.00 | 0.17 |
| USD	LIFEPOINT HEALTH INC-144A 6.75000% 20-15.04.25	750 000.00 | 793 125.00 | 0.56 |
| USD	MEG ENERGY CORP-144A 7.12500% 20-01.02.27	575 000.00 | 616 687.50 | 0.44 |
| USD	NEWELL BRANDS INC 4.87500% 20-01.06.25	850 000.00 | 946 339.00 | 0.67 |
| USD	NOVA CHEMICALS CORP-144A 5.25000% 17-01.06.27	700 000.00 | 749 000.00 | 0.53 |
| USD	PICASSO FINANCE SUB INC -144A 6.12500% 20-15.06.25	685 000.00 | 722 675.00 | 0.51 |
| USD	PRIME SEC SER BORROWER LLC/FIN INC-144A 5.25000% 19-15.04.24	370 000.00 | 394 050.00 | 0.28 |
| USD	SCIENTIFIC GAMES INTERNATIONAL-144A 5.00000% 17-15.10.25	1 200 000.00 | 1 236 000.00 | 0.87 |
| USD	SIRIUS XM RADIO INC-144A 4.62500% 19-15.07.24	2 100 000.00 | 2 152 500.00 | 1.52 |
| USD	UNITED AIRLINES INC-144A 4.37500% 21-15.04.28	120 000.00 | 124 350.00 | 0.09 |
| USD	VICI PROPERTIES LP /VCI NTE CO INC-144A 4.25000% 19-01.12.26	750 000.00 | 771 562.50 | 0.55 |
| USD	VICI PROPERTIES LP /VCI NTE CO INC-144A 3.50000% 20-15.02.25	70 000.00 | 71 302.00 | 0.05 |
| USD	VIRGIN AUSTRALIA HOLD-144A *DEFAULTED* 7.87500% 16-15.10.21	76 000.00 | 6 935.00 | 0.00 |
| USD	WASTE PRO USA INC-144A 5.50000% 18-15.02.26	500 000.00 | 508 750.00 | 0.36 |
| USD	WILLIAM CARTER COMPANY-144A 5.62500% 19-15.03.27	330 000.00 | 345 675.00 | 0.24 |
| Total USD | 22 840 207.12 | 16.15 |
| Total Notes, fester Zins | 22 840 207.12 | 16.15 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021
| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |
| Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	CAPITAL ONE FINANCIAL CORP 3M LIBOR+72BP 18-30.01.23 | 1 500 000.00 | 1 512 917.04 | 1.07 |
| USD	MACQUARIE GROUP LTD-144A 3.189%/VAR 17-28.11.23 | 1 000 000.00 | 1 039 050.00 | 0.73 |
| USD	WESTERN MIDSTREAM OPERATING LP 3M LIBOR+185BP 20-13.01.23 | 1 615 000.00 | 1 610 996.21 | 1.14 |
| Total USD |  | 4 162 963.25 | 2.94 |
| Total Notes, variabler Zins |  | 4 162 963.25 | 2.94 |
| Medium-Term Notes, variabler Zins |  |  |  |
| USD |  |  |  |
| USD	GOLDMAN SACHS GROUP 3M LIBOR+160BP 13-29.11.23 | 2 500 000.00 | 2 579 835.38 | 1.83 |
| Total USD |  | 2 579 835.38 | 1.83 |
| Total Medium-Term Notes, variabler Zins |  | 2 579 835.38 | 1.83 |
| Anleihen, fester Zins |  |  |  |
| EUR |  |  |  |
| EUR	PANTHER BF AGGR 2/PANTHER FIN CO-REG-S 4.37500% 19-15.05.26 | 700 000.00 | 885 844.16 | 0.63 |
| Total EUR |  | 885 844.16 | 0.63 |
| Total Anleihen, fester Zins |  | 885 844.16 | 0.63 |
| Total Wertpapiere und Geldmarktinstrumente, die an einem anderen geregelten Markt gehandelt werden |  | 43 228 488.51 | 30.57 |

Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Notes, fester Zins
| USD |  |
| --- | --- |
| USD | CDW LLC/CDW FINANCE CORP 4.12500% 20-01.05.25 | 1 245 000.00 | 1 301 635.05 | 0.92 |
| USD | INTERNATIONAL GAME TECHNOLOGY PLC-144A 4.12500% 21-15.04.26 | 810 000.00 | 836 325.00 | 0.59 |
| USD | MATTEL INC-144A 3.37500% 21-01.04.26 | 395 000.00 | 409 417.50 | 0.29 |
| Total USD |  |  | 2 547 377.55 | 1.80 |
| Total Notes, fester Zins |  | 2 547 377.55 | 1.80 |
| Total Wertpapiere und Geldmarktinstrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden |  | 2 547 377.55 | 1.80 |
| Neuemittierte Wertpapiere und Geldmarktinstrumente |  |  |  |
| Notes, fester Zins |  |  |  |
| USD |  |  |  |
| USD	CALIFORNIA RESOURCES CORP-144A 7.12500% 21-01.02.26 | 500 000.00 | 517 500.00 | 0.37 |
| USD	NABORS INDUSTRIES INC-144A 9.00000% 20-01.02.25 | 2 160 000.00 | 2 208 600.00 | 1.56 |
| Total USD |  | 2 726 100.00 | 1.93 |
| Total Notes, fester Zins |  | 2 726 100.00 | 1.93 |
| Total Neuemittierte Wertpapiere und Geldmarktinstrumente |  | 2 726 100.00 | 1.93 |

OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010
Investment Fonds, open end
| Irland |  |
| --- | --- |
| USD | ISHARES USD HIGH YIELD CORPORATE BOND UCITS ETF | 1.00 | 102.54 | 0.00 |
| Total Irland |  | 102.54 | 0.00 |
| Luxemburg |  |  |  |
| EUR	UBS (LUX) BOND FUND - EURO HIGH YIELD (EUR) I-X-ACC | 40 000.00 | 6 949 053.54 | 4.92 |
| USD	UBS (LUX) BOND SICAV - ASIAN HIGH YIELD (USD) U-X-ACC | 61.00 | 778 738.81 | 0.55 |
| Total Luxemburg | 7 727 792.35 | 5.47 |
| Total Investment Fonds, open end | 7 727 894.89 | 5.47 |
| Total OGAW/Andere OGA im Sinne des Artikels 41 (1) e) des abgeänderten luxemburgischen Gesetzes vom 17. Dezember 2010 | 7 727 894.89 | 5.47 |

Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden
Optionen auf weitere Swaps, klassisch
| USD |  |
| --- | --- |
| USD | GOLDMAN SACH/CDX.NA.HY.36 SWAPTION PUT 103.00000 21-21.07.21 | -3 500 000.00 | -5 044.90 | 0.00 |
| USD | GOLDMAN SACH/CDX.NA.HY.36 SWAPTION PUT 106.00000 21-21.07.21 | -3 500 000.00 | -9 363.90 | -0.01 |
| USD | GOLDMAN SACH/CDX.NA.HY.36 SWAPTION PUT 108.50000 21-21.07.21 | 3 500 000.00 | 20 228.95 | 0.01 |
| Total USD |  |  | 5 820.15 | 0.00 |
| Total Optionen auf weitere Swaps, klassisch | 5 820.15 | 0.00 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | 5 820.15 | 0.00 |
| Total des Wertpapierbestandes | 136 264 414.27 | 96.37 |
| UBS (Lux) Bond SICAV – Floating Rate Income (USD) |  |  |
| Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021 |  |  |

| Bezeichnung | Anzahl/ | Bewertung in USD | in % des |
| --- | --- | --- | --- |
|  | Nominal | NR Kursgewinn | Netto- |
|  |  | (-verlust) auf Futures/ | vermögens |
|  |  | Devisentermin- |  |
|  |  | kontrakten/ |  |
|  |  | Swaps (Erl. 1) |  |


## 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 5.25000% 17-05.12.21 CME/INTEREST RATE SWAP REC 3ML 17-05.12.21 | -10 000 000.00 | -278 295.93 | -0.20 |
| --- | --- | --- | --- | --- |
| USD | CME/INTEREST RATE SWAP PAYER 6.20000% 17-14.12.21 | -2 700 000.00 | -83 603.60 | -0.06 |
| USD | CME/INTEREST RATE SWAP REC 3ML 17-14.12.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 6.10000% 17-15.12.22 | -2 700 000.00 | -135 953.14 | -0.10 |
| 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 | -296 491.86 | -0.21 |
| 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 | -118 818.16 | -0.08 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-03.07.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.88000% 18-07.06.21 | -8 000 000.00 | -171 197.29 | -0.12 |
| USD | CME/INTEREST RATE SWAP REC 3ML 18-07.06.21 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.70000% 19-28.02.24 | -11 000 000.00 | -807 639.01 | -0.57 |
| USD | CME/INTEREST RATE SWAP REC 3ML 19-28.02.24 |  |  |  |
| EUR | CME/INTEREST RATE SWAP PAYER 3.40000% 19-04.11.23 | -5 000 000.00 | -125 086.10 | -0.09 |
| 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 | -271 785.20 | -0.19 |
| EUR | CME/INTEREST RATE SWAP REC 6MEIB 19-04.11.22 |  |  |  |
| GBP | LCH/INTEREST RATE SWAP PAYER 5.70000% 20-25.03.25 | -3 500 000.00 | 1 282.75 | 0.00 |
| GBP | LCH/INTEREST RATE SWAP REC 6ML 20-25.03.25 |  |  |  |
| EUR | LCH/IINTEREST RATE SWAP PAYER 4.00000% 20-02.06.23 | -8 500 000.00 | -252 773.06 | -0.18 |
| EUR | LCH/INTEREST RATE SWAP REC 6ME 20-02.06.23 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.90000% 20-02.06.23 | -6 500 000.00 | -101 268.34 | -0.07 |
| USD | CME/INTEREST RATE SWAP REC 3ML 20-02.06.23 |  |  |  |
| USD | CME/INTEREST RATE SWAP PAYER 5.00000% 20-01.07.23 | -12 000 000.00 | -143 874.67 | -0.10 |
| USD | CME/INTEREST RATE SWAP REC 3ML 20-01.07.23 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 3.29000% 18-26.03.22 | -7 000 000.00 | -63 900.99 | -0.04 |
| EUR | LCH/INTEREST RATE SWAP REC 6MEIB 18-26.03.22 |  |  |  |
| EUR | LCH/INTEREST RATE SWAP PAYER 3.73000% 18-30.05.23 | -7 000 000.00 | -137 233.87 | -0.10 |
| EUR | LCH/INTEREST RATE SWAP REC 6MEIB 18-30.05.23 |  |  |  |
| Total Swaps und Forward-Swaps auf Zinssätze | -2 986 638.47 | -2.11 |
| Total Derivative Instrumente, die nicht an einer offiziellen Börse oder einem anderen geregelten Markt gehandelt werden | -2 986 638.47 | -2.11 |
| Total Derivative Instrumente | -2 986 638.47 | -2.11 |
| Devisenterminkontrakte |  |  |
| Gekaufte Währung/ Gekaufter Betrag/Verkaufte Währung/Verkaufter Betrag/Fälligkeitsdatum |  |  |

| USD | 7 812 994.20 | GBP | 5 500 000.00 | 21.6.2021 | -5 430.35 | -0.01 |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 55 878 564.52 | EUR | 45 715 000.00 | 21.6.2021 | -33 123.71 | -0.02 |
| EUR | 39 703 900.00 | USD | 48 531 049.72 | 21.6.2021 | 28 768.25 | 0.02 |
| CHF | 16 853 800.00 | USD | 18 804 124.28 | 21.6.2021 | -56 124.17 | -0.04 |
| EUR | 2 600 000.00 | USD | 3 172 133.64 | 21.6.2021 | 7 793.94 | 0.01 |
| EUR | 151 100.00 | USD | 184 686.05 | 21.6.2021 | 116.66 | 0.00 |
| EUR | 441 700.00 | USD | 540 471.36 | 21.6.2021 | -250.59 | 0.00 |
| CHF | 182 400.00 | USD | 203 717.42 | 21.6.2021 | -817.47 | 0.00 |
| USD | 218 980.66 | CHF | 196 300.00 | 21.6.2021 | 618.49 | 0.00 |
| EUR | 136 900.00 | USD | 167 108.20 | 21.6.2021 | 327.22 | 0.00 |
| EUR | 167 100.00 | USD | 204 024.39 | 21.6.2021 | 347.11 | 0.00 |
| Total Devisenterminkontrakte | -57 774.62 | -0.04 |
|  |  |  |
| Bankguthaben, Sicht- und Fristgelder und andere liquide Mittel | 9 849 854.10 | 6.97 |
| Kontokorrentkredit und andere kurzfristige Verbindlichkeiten | -3 139 138.15 | -2.22 |
| Andere Aktiva und Passiva | 1 460 125.90 | 1.03 |
| Total des Nettovermögens | 141 390 843.03 | 100.00 |

UBS (Lux) Bond SICAV – Floating Rate Income (USD) Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021