0001104659-19-025257.txt : 20190430 0001104659-19-025257.hdr.sgml : 20190430 20190430153014 ACCESSION NUMBER: 0001104659-19-025257 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190430 DATE AS OF CHANGE: 20190430 EFFECTIVENESS DATE: 20190430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UBS FUNDS CENTRAL INDEX KEY: 0000886244 IRS NUMBER: 367056204 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 033-47287 FILM NUMBER: 19781216 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

0000886244 S000047156 UBS Municipal Bond Fund

C000147812 Class A UMBAX

C000147814 Class P UMBPX

497K 1 a19-8407_1497k.htm 497K

The UBS Funds

Summary Prospectus Supplement | April 30, 2019

Includes:

– UBS Municipal Bond Fund

Dear Investor,

The purpose of this supplement is to update the Summary Prospectus with respect to the UBS Municipal Bond Fund series of shares of The UBS Funds, dated October 26, 2018, as follows:

Effective April 30, 2019, Ryan Nugent will be added as a portfolio manager for UBS Municipal Bond Fund.

Therefore, effective April 30, 2019, the following bullet is added under the heading "UBS Municipal Bond Fund" and the sub-heading "Portfolio managers" of the Summary Prospectus:

– Ryan Nugent, portfolio manager of the Fund since April 2019.

PLEASE BE SURE TO RETAIN THIS IMPORTANT INFORMATION FOR FUTURE REFERENCE.

ZS-1012

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