# EDGAR Filing Document

**Accession Number:** 0000886244
**File Stem:** 0001410368-26-016545
**Filing Date:** 2026-2
**Character Count:** 19590
**Document Hash:** 0f7afd0c827640fc17b87d594f8cb46d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-016545.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001410368-26-016545

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** UBS FUNDS
- **CENTRAL INDEX KEY:** 0000886244

**ORGANIZATION NAME:**
- **EIN:** 367056204
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06637
- **FILM NUMBER:** 26668232

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UBS ASSET MANAGEMENT (AMERICAS) INC
- **STREET 2:** ONE NORTH WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-525-7100

**MAIL ADDRESS:**
- **STREET 1:** C/O UBS ASSET MANAGEMENT (AMERICAS) INC
- **STREET 2:** ONE NORTH WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BRINSON FUNDS INC
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### UBS Emerging Markets Equity Opportunity Fund (Series ID: S000003134)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000008502 | CLASS P      | UEMPX           |
| C000200986 | CLASS P2     | EMPTX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** UBS FUNDS

- **b. Investment Company Act file number:** 811-06637

- **c. CIK number of Registrant:** 0000886244

- **d. LEI of Registrant:** 549300N85N4CCOEZQJ49

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1285 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 312-525-7100

**Item A.2. Information about the Series.**

- **a. Name of Series:** UBS Emerging Markets Equity Opportunity Fund

- **b. EDGAR series identifier (if any):** S000003134

- **c. LEI of Series:** 549300G1CKU0JOAO1N69

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $408387979.54

**Total Liabilities:** $13294585.02

**Net Assets:** $395093394.52

**Cash Not Reported:** $5207937.45

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000008502 | 4.10%                | -2.02%               | 3.84%                |
| Class ID C000200986 | 4.06%                | -1.90%               | 3.96%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6178655.47              | $9223814.61                                |
| Month 2  | $1066484.97              | $-9191060.94                               |
| Month 3  | $3645858.37              | $10338829.97                               |

**Designated Index Information**

- **Index Name:** MSCI EM (EMERGING MARKETS)

- **Index Identifier:** MSCI.MC.MXEF

### Schedule of Portfolio Investments

| Name                                        | Title                                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alibaba Group Holding Ltd                   | Alibaba Group Holding Ltd.                                                          | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     17162 | NS      | $2515605.96   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                             | Cemex SAB de CV                                                                     | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |   1102904 | NS      | $12672366.96  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                     | Vale SA                                                                             | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    578600 | NS      | $7554819.50   | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV          | Grupo Financiero Banorte SAB de CV                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    786885 | NS      | $7294881.68   | 1.85%             |  |  |  | No            |                  1 | On Loan: —       |
| Embraer SA                                  | Embraer SA                                                                          | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |    121053 | NS      | $7792181.61   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CIMB Group Holdings Bhd                     | CIMB Group Holdings Bhd.                                                            | CUSIP: 000000000<br>LEI: 549300FYDN5UD7USZW18 | Long             | EC               | CORP              | MY        |   4118500 | NS      | $8372997.78   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                     | Reliance Industries Ltd.                                                            | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    751063 | NS      | $13122799.39  | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                                | MediaTek, Inc.                                                                      | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |    205000 | NS      | $9329896.09   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd           | Hon Hai Precision Industry Co. Ltd.                                                 | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |   1749937 | NS      | $12837493.95  | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SK hynix Inc                                | SK Hynix, Inc.                                                                      | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     39621 | NS      | $17905154.98  | 4.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Zijin Mining Group Co Ltd                   | Zijin Mining Group Co. Ltd.                                                         | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |   2325000 | NS      | $10653051.00  | 2.70%             |  |  |  | No            |                  1 | On Loan: —       |
| Samsung Electronics Co Ltd                  | Samsung Electronics Co. Ltd.                                                        | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    262062 | NS      | $21811970.29  | 5.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Aerospace Co Ltd                     | Hanwha Aerospace Co. Ltd.                                                           | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |     10588 | NS      | $6916322.24   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd   | Taiwan Semiconductor Manufacturing Co. Ltd.                                         | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    811657 | NS      | $40039730.43  | 10.13%            |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Beer Holdings Co Ltd        | China Resources Beer Holdings Co. Ltd.                                              | CUSIP: 000000000<br>LEI: 254900OH02Y7OS7RNG48 | Long             | EC               | CORP              | HK        |   2130000 | NS      | $7175992.91   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras          | Petroleo Brasileiro SA - Petrobras                                                  | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    435902 | NS      | $5165438.70   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                            | PDD Holdings, Inc.                                                                  | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |     31514 | NS      | $3573372.46   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| OTP Bank Nyrt                               | OTP Bank Nyrt                                                                       | CUSIP: 000000000<br>LEI: 529900W3MOO00A18X956 | Long             | EC               | CORP              | HU        |     82464 | NS      | $8850843.25   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors                | State Street Institutional U.S. Government Money Market Fund - Premier Class, 3.75% | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   1680620 | NS      | $1680619.90   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| InterGlobe Aviation Ltd                     | InterGlobe Aviation Ltd.                                                            | CUSIP: 000000000<br>LEI: 33580079R8SLLO23XD19 | Long             | EC               | CORP              | IN        |     89367 | NS      | $5030655.93   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Eicher Motors Ltd                           | Eicher Motors Ltd.                                                                  | CUSIP: 000000000<br>LEI: 25490059S64CN2OY7239 | Long             | EC               | CORP              | IN        |    111324 | NS      | $9057211.66   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| China Mengniu Dairy Co Ltd                  | China Mengniu Dairy Co. Ltd.                                                        | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | EC               | CORP              | KY        |   3065000 | NS      | $5871888.93   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd     | Ping An Insurance Group Co. of China Ltd.                                           | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |   1570500 | NS      | $13146860.99  | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Telecommunications Ltd            | Singapore Telecommunications Ltd.                                                   | CUSIP: 000000000<br>LEI: 2549003XJKIQO8YDYD89 | Long             | EC               | CORP              | SG        |   2182000 | NS      | $7723743.58   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA | Powszechna Kasa Oszczednosci Bank Polski SA                                         | CUSIP: 000000000<br>LEI: P4GTT6GF1W40CVIMFR43 | Long             | EC               | CORP              | PL        |    401225 | NS      | $9517638.16   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Aldar Properties PJSC                       | Aldar Properties PJSC                                                               | CUSIP: 000000000<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |   3273925 | NS      | $7755264.45   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| China CITIC Bank Corp Ltd                   | China CITIC Bank Corp. Ltd.                                                         | CUSIP: 000000000<br>LEI: 300300C1030211000384 | Long             | EC               | CORP              | CN        |   7961000 | NS      | $7098993.92   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| DLF Ltd                                     | DLF Ltd.                                                                            | CUSIP: 000000000<br>LEI: 335800PJLUEOB8914F48 | Long             | EC               | CORP              | IN        |    449211 | NS      | $3435577.47   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc                      | KB Financial Group, Inc.                                                            | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     81629 | NS      | $7066145.78   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Sberbank of Russia PJSC                     | Sberbank of Russia PJSC                                                             | CUSIP: 000000000<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |   3568865 | NS      | $3.57         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Xiaomi Corp                                 | Xiaomi Corp.                                                                        | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |   1062800 | NS      | $5366780.17   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd      | Contemporary Amperex Technology Co. Ltd.                                            | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    220393 | NS      | $11582684.00  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                               | HDFC Bank Ltd.                                                                      | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |   1246016 | NS      | $13741202.76  | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                   | Alibaba Group Holding Ltd.                                                          | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    895200 | NS      | $16425477.02  | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                        | Tencent Holdings Ltd.                                                               | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    399000 | NS      | $30709265.42  | 7.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Sany Heavy Industry Co Ltd                  | Sany Heavy Industry Co. Ltd.                                                        | CUSIP: 000000000<br>LEI: 3003001FS86S7NYOHV89 | Long             | EC               | CORP              | CN        |   2689600 | NS      | $8132516.90   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fuyao Glass Industry Group Co Ltd           | Fuyao Glass Industry Group Co. Ltd.                                                 | CUSIP: 000000000<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |    754217 | NS      | $6990496.07   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc                       | Anglogold Ashanti PLC                                                               | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |     54829 | NS      | $4745059.26   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi National Bank/The                     | Saudi National Bank                                                                 | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |    558422 | NS      | $5639603.65   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco BTG Pactual SA                        | Banco BTG Pactual SA                                                                | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |    788800 | NS      | $7556601.51   | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Global Advisors                | State Street Navigator Securities Lending Government Money Market Portfolio         | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   3727542 | NS      | $3727542.00   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** UBS FUNDS

**Signature:** Joanne Kilkeary

**Name of Signer:** Joanne Kilkeary

**Title:** Vice President and Treasurer