<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/npx" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>N-PX</submissionType>
    <filerInfo>
      <registrantType>IM</registrantType>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0000861177</cik>
          <ccc>XXXXXXXX</ccc>
          <!--Field: Pseudo-Tag; ID: Name; Data:-->
        </issuerCredentials>
      </filer>
      <flags>
        <overrideInternetFlag>false</overrideInternetFlag>
        <confirmingCopyFlag>false</confirmingCopyFlag>
      </flags>
      <periodOfReport>06/30/2026</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <yearOrQuarter>YEAR</yearOrQuarter>
      <reportCalendarYear>2026</reportCalendarYear>
      <reportingPerson>
        <name>UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC</name>
        <phoneNumber>1-888-793-8637</phoneNumber>
        <address>
          <com:street1>1285 Avenue of the Americas</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10019</com:zipCode>
        </address>
      </reportingPerson>
      <agentForService>
        <name>None</name>
      </agentForService>
      <reportInfo>
        <reportType>INSTITUTIONAL MANAGER COMBINATION REPORT</reportType>
        <confidentialTreatment>N</confidentialTreatment>
      </reportInfo>
      <fileNumber>028-02682</fileNumber>
      <explanatoryInformation>
        <explanatoryChoice>N</explanatoryChoice>
      </explanatoryInformation>
    </coverPage>
    <summaryPage>
      <otherIncludedManagersCount>5</otherIncludedManagersCount>
      <otherManagers2>
        <investmentManagers>
          <serialNo>1</serialNo>
          <secFileNumber>028-16612</secFileNumber>
          <name>UBS Group AG</name>
        </investmentManagers>
        <investmentManagers>
          <serialNo>2</serialNo>
          <secFileNumber>028-3900</secFileNumber>
          <name>UBS Asset Management Trust Company</name>
        </investmentManagers>
        <investmentManagers>
          <serialNo>7</serialNo>
          <secFileNumber>028-10396</secFileNumber>
          <name>UBS Asset Management Switzerland AG</name>
        </investmentManagers>
        <investmentManagers>
          <serialNo>8</serialNo>
          <secFileNumber>028-05673</secFileNumber>
          <name>UBS Asset Management (UK) Ltd.</name>
        </investmentManagers>
        <investmentManagers>
          <serialNo>11</serialNo>
          <secFileNumber>028-03702</secFileNumber>
          <name>CIG US, a distinct business unit of UBS Asset Management Americas LLC</name>
        </investmentManagers>
      </otherManagers2>
    </summaryPage>
    <signaturePage>
      <reportingPerson>UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC</reportingPerson>
      <txSignature>Peter C. Gyr</txSignature>
      <txPrintedSignature>Peter C. Gyr</txPrintedSignature>
      <txTitle>CCO, UBS Asset Management (Americas) LLC</txTitle>
      <txAsOfDate>08/28/2026</txAsOfDate>
    </signaturePage>
  </formData>
</edgarSubmission>
