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Morningstar

Bridge Builder Municipal Bond BBMUX

Morningstar Medalist Rating
Medalist Rating as of | See Bridge Builder Investment Hub
  • NAV / 1-Day Return 9.85  /  +0.01 %
  • Total Assets 14.1 Bil
  • Adj. Expense Ratio
    0.150%
  • Expense Ratio 0.150%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.06%
  • Effective Duration 4.96 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:10 PM GMT+0

Morningstar’s Analysis BBMUX

Will BBMUX 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 BBMUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BBMUX 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 BBMUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Bridge Builder Municipal Bond's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BBMUX

More BBMUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 3.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Inv MM Government Instl

2.46 338.0 Mil
Cash and Equivalents

LOS ANGELES CALIF DEPT WTR & PWR REV 4.35%

0.40 55.4 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

0.33 45.5 Mil
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 3.95%

0.33 45.0 Mil
municipal

LAS VEGAS VY NEV WTR DIST 5%

0.32 44.1 Mil
municipal

UNIVERSITY CALIF REVS 4.25%

0.32 44.0 Mil
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 4.38%

0.31 43.2 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5.26%

0.31 42.6 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

0.30 41.6 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.30 41.0 Mil
municipal