<SEC-DOCUMENT>0001609006-17-000028-index.html : 20170731
<SEC-HEADER>0001609006-17-000028.hdr.sgml : 20170731
<ACCEPTANCE-DATETIME>20170731161014
ACCESSION NUMBER:		0001609006-17-000028
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20170731
DATE AS OF CHANGE:		20170731
EFFECTIVENESS DATE:		20170731

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:		17993077

	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>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>C000147813
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>UMBCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000147814
<CLASS-CONTRACT-NAME>Class P
<CLASS-CONTRACT-TICKER-SYMBOL>UMBPX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>ubs497k07312017.htm
<TEXT>
Document 1 - file: ubs497k07312017.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image0.jpg
<TEXT>
Document 3 - file: image0.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>image2.jpg
<TEXT>
Document 4 - file: image2.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>image00003.jpg
<TEXT>
Document 5 - file: image00003.jpg

</DOCUMENT>
</SEC-DOCUMENT>