BBMUX – Bridge Builder Municipal Bond Investment Strategy | Morningstar

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Strategy

The investment seeks to provide current income exempt from federal tax, with a secondary goal of preservation of investment principal. The fund invests, under normal market conditions, at least 80% of its net assets (plus the amount of borrowings for investment purposes) in municipal securities of any maturity or duration whose interest is exempt from federal income tax. It invests in municipal securities rated below investment grade, also known as "junk bonds," or in unrated municipal securities that a sub-adviser believes are of comparable quality.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BBMUX	Bridge Builder Municipal Bond Fund	No Load	Open			Sep 14, 2015	$20.36B	0.120%	Low	$0	$2.36B

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