{"id":328,"date":"2021-08-17T20:58:15","date_gmt":"2021-08-17T20:58:15","guid":{"rendered":"https:\/\/ubsprfunds.com\/?page_id=328"},"modified":"2021-10-08T16:59:51","modified_gmt":"2021-10-08T16:59:51","slug":"performance","status":"publish","type":"page","link":"https:\/\/ubsprfunds.com\/es\/fund-v\/performance\/","title":{"rendered":"Rendimiento del Fondo V"},"content":{"rendered":"<h2>\n\t\tTAX-FREE FIXED INCOME FUND V FOR PUERTO RICO RESIDENTS\n\t<\/h2>\n<h2>\n\t\tRENDIMIENTO DEL FONDO\n\t<\/h2>\n<h2>\n\t\tUN HISTORIAL DE INGRESOS CONTINUOS\n\t<\/h2>\n\t<p>The Fund&#8217;s investment objective is to provide its shareholders with current income, as consistent with the preservation of capital. In fact, since inception the Fund has distributed <strong>$8.32 per share in cumulative dividends<\/strong> to its shareholders. \u00a0As of June 30, 2021, the Fund&#8217;s yield was 2.8%.<\/p>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ubsprfunds.com\/wp-content\/uploads\/2021\/08\/fund-5-returns-over-life-2-1024x707.png\" alt=\"fund-5-returns-over-life-2\" itemprop=\"image\" height=\"707\" width=\"1024\" title=\"fund-5-returns-over-life-2\" onerror=\"this.style.display='none'\"  \/>\n<h2>\n\t\tTHE BOARD&#8217;S OVERSIGHT OF THE FUND&#8217;S PERFORMANCE\n\t<\/h2>\n\t<p>Como resultado de la administraci\u00f3n prudente y acertada de las inversiones, seg\u00fan supervisada por su Junta de Directores, el Fondo ha enfrentado importantes desaf\u00edos del mercado y ha maximizado los dividendos y los rendimientos netos.<\/p>\n<p class=\"translation-block\">El Fondo tuvo un buen desempe\u00f1o desde su creaci\u00f3n en marzo de 2005 hasta 2012.  Los dividendos actuales, especiales y de ganancias de capital, adem\u00e1s del s\u00f3lido desempe\u00f1o de precios, generaron <strong>retornos brutos de la inversi\u00f3n cercanos al 70%<\/strong>.<\/p>\n<p>The crash of the Puerto Rico municipal bond market beginning in 2013 through the end of 2015 affected all investors in these markets, as reflected in the Fund&#8217;s returns during that period.\u00a0 However, under the Board&#8217;s leadership, the Fund continued to deliver monthly tax-advantaged income, conducting share repurchases to provide liquidity to selling shareholders while accreting value to those who held their investment.<\/p>\n<p>Aunque los mercados de bonos de Puerto Rico a\u00fan no se han recuperado completamente, el Fondo ha tenido un rendimiento positivo desde finales de 2015, y ha continuado brindando a sus accionistas ingresos mensuales.<\/p>\n<h2>\n\t\tTHE FUND&#8217;S Positive outlook\n\t<\/h2>\n\t<p>Today, the Board believes the outlook for the Fund is positive. As the Puerto Rico bond market emerges, both the income and liquidity of the Fund can be expected to improve. At the current Board&#8217;s direction, the Fund continues to work tirelessly to maximize shareholder returns, including proceeding with a registration with the U.S. Securities and Exchange Commission under the Investment Company Act of 1940, which may contribute to increased liquidity and reduced market discount to NAV, paving the way for further positive returns. The Board is keenly aware of the need for liquidity in the Fund shares and will continue to make achieving this a strategic priority.<\/p>","protected":false},"excerpt":{"rendered":"<p>TAX-FREE FIXED INCOME FUND V FOR PUERTO RICO RESIDENTS FUND PERFORMANCE A TRACK RECORD OF CONSISTENT, TAX-ADVANTAGED INCOME The Fund&#8217;s investment objective is to provide its shareholders with current income, as consistent with the preservation of capital. In fact, since inception the Fund has distributed $8.32 per share in cumulative dividends to its shareholders. \u00a0As&hellip;<\/p>","protected":false},"author":1,"featured_media":0,"parent":326,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-328","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ubsprfunds.com\/es\/wp-json\/wp\/v2\/pages\/328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ubsprfunds.com\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ubsprfunds.com\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ubsprfunds.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ubsprfunds.com\/es\/wp-json\/wp\/v2\/comments?post=328"}],"version-history":[{"count":0,"href":"https:\/\/ubsprfunds.com\/es\/wp-json\/wp\/v2\/pages\/328\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/ubsprfunds.com\/es\/wp-json\/wp\/v2\/pages\/326"}],"wp:attachment":[{"href":"https:\/\/ubsprfunds.com\/es\/wp-json\/wp\/v2\/media?parent=328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}