Skip to Content
Morningstar

Baird Quality Intermediate Muni Bd Inst BMBIX

Morningstar Medalist Rating
Medalist Rating as of | See Baird Investment Hub
  • NAV / 1-Day Return 10.95  /  0.00
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    0.300%
  • Expense Ratio 0.300%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 2.65%
  • Effective Duration 4.04 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:12 PM GMT+0

Morningstar’s Analysis BMBIX

Will BMBIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BMBIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BMBIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BMBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Baird Quality Intermediate Muni Bd Inst's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BMBIX

More BMBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ILLINOIS DEV FIN AUTH RETIREMENT HSG REV 0%

3.12 33.1 Mil
municipal

HOUSTON TEX WTR & SWR SYS REV 5.75%

2.93 31.0 Mil
municipal

VAN WERT CNTY OHIO HOSP FACS REV 6.13%

2.67 28.3 Mil
municipal

LOUISIANA PUB FACS AUTH REV 5.5%

2.59 27.4 Mil
municipal

LOUISIANA PUB FACS AUTH REV 5.5%

2.19 23.2 Mil
municipal

NORTH TEX TWY AUTH REV 6.75%

2.02 21.4 Mil
municipal

DALLAS TEX INDPT SCH DIST 4%

1.96 20.8 Mil
municipal

HOUSTON TEX WTR & SWR SYS REV 5.5%

1.66 17.6 Mil
municipal

HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5.5%

1.56 16.5 Mil
municipal

HOUSTON CNTY GA HOSP AUTH REV 5%

1.50 15.9 Mil
municipal