<SEC-DOCUMENT>0001104659-19-049346-index.html : 20190909
<SEC-HEADER>0001104659-19-049346.hdr.sgml : 20190909
<ACCEPTANCE-DATETIME>20190909171343
ACCESSION NUMBER:		0001104659-19-049346
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		27
CONFORMED PERIOD OF REPORT:	20190630
FILED AS OF DATE:		20190909
DATE AS OF CHANGE:		20190909
EFFECTIVENESS DATE:		20190909

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:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06637
		FILM NUMBER:		191083733

	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>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000002978
<SERIES-NAME>UBS U.S. Sustainable Equity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008178
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>BNEQX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008181
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BPEQX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000002979
<SERIES-NAME>UBS GLOBAL ALLOCATION FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008182
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>BNGLX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008185
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BPGLX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000002980
<SERIES-NAME>UBS International Sustainable Equity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008186
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>BNIEX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008189
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BNUEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000002985
<SERIES-NAME>UBS U.S. SMALL CAP GROWTH FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008206
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>BNSCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008209
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BISCX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000003134
<SERIES-NAME>UBS Emerging Markets Equity Opportunity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008502
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>UEMPX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000200986
<CLASS-CONTRACT-NAME>CLASS P2
<CLASS-CONTRACT-TICKER-SYMBOL>EMPTX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000003135
<SERIES-NAME>UBS DYNAMIC ALPHA FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008503
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>BNAAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008506
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BNAYX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000047156
<SERIES-NAME>UBS Municipal Bond Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000147812
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>UMBAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000147814
<CLASS-CONTRACT-NAME>Class P
<CLASS-CONTRACT-TICKER-SYMBOL>UMBPX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000053041
<SERIES-NAME>UBS Total Return Bond Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000166868
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>UTBAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000166870
<CLASS-CONTRACT-NAME>Class P
<CLASS-CONTRACT-TICKER-SYMBOL>UTBPX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000063381
<SERIES-NAME>UBS Engage For Impact Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000205441
<CLASS-CONTRACT-NAME>Class P
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000063382
<SERIES-NAME>UBS Sustainable Development Bank Bond Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000205444
<CLASS-CONTRACT-NAME>Class P
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>a19-13067_1ncsr.htm
<DESCRIPTION>N-CSR
<TEXT>
Document 1 - file: a19-13067_1ncsr.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CODEETH <SEQUENCE>2 <FILENAME>a19-13067_1ex99dcodeeth.htm <DESCRIPTION>EX-99.CODEETH <TEXT> Document 2 - file: a19-13067_1ex99dcodeeth.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CERT <SEQUENCE>3 <FILENAME>a19-13067_1ex99dcert.htm <DESCRIPTION>EX-99.CERT <TEXT> Document 3 - file: a19-13067_1ex99dcert.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.906CERT <SEQUENCE>4 <FILENAME>a19-13067_1ex99d906cert.htm <DESCRIPTION>EX-99.906CERT <TEXT> Document 4 - file: a19-13067_1ex99d906cert.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.IRANNOTICE <SEQUENCE>5 <FILENAME>a19-13067_1ex99dirannotice.htm <DESCRIPTION>EX-99.IRANNOTICE <TEXT> Document 5 - file: a19-13067_1ex99dirannotice.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>6 <FILENAME>j19130672_qxp014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 6 - file: j19130672_qxp014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>7 <FILENAME>j19130672_qxp015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 7 - file: j19130672_qxp015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>8 <FILENAME>j19130672_qxp003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 8 - file: j19130672_qxp003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>j19130672_qxp004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 9 - file: j19130672_qxp004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>j19130672_qxp001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 10 - file: j19130672_qxp001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>11 <FILENAME>j19130672_qxp019.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 11 - file: j19130672_qxp019.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>12 <FILENAME>j19130672_qxp020.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 12 - file: j19130672_qxp020.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>13 <FILENAME>j19130672_qxp012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 13 - file: j19130672_qxp012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>14 <FILENAME>j19130672_qxp013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 14 - file: j19130672_qxp013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>15 <FILENAME>j19130672_qxp002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 15 - file: j19130672_qxp002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>16 <FILENAME>j19130672_qxp007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 16 - file: j19130672_qxp007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>j19130672_qxp008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 17 - file: j19130672_qxp008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>j19130672_qxp022.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 18 - file: j19130672_qxp022.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>19 <FILENAME>j19130672_qxp021.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 19 - file: j19130672_qxp021.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>20 <FILENAME>j19130672_qxp005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 20 - file: j19130672_qxp005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>21 <FILENAME>j19130672_qxp006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 21 - file: j19130672_qxp006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>22 <FILENAME>j19130672_qxp018.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 22 - file: j19130672_qxp018.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>23 <FILENAME>j19130672_qxp010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 23 - file: j19130672_qxp010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>24 <FILENAME>j19130672_qxp011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 24 - file: j19130672_qxp011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>25 <FILENAME>j19130672_qxp009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 25 - file: j19130672_qxp009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>26 <FILENAME>j19130672_qxp016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 26 - file: j19130672_qxp016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>27 <FILENAME>j19130672_qxp017.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 27 - file: j19130672_qxp017.jpg
</DOCUMENT> </SEC-DOCUMENT>