Morningstar

Baird Quality Intermediate Municipal Bond Fund Class Institutional BMBIX

Morningstar Medalist Rating
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Medalist Rating as of See Baird Investment Hub
  • NAV / 1-Day Return$10.99  /  +0.09%
  • Fund Size$1.0B
  • Adjusted Expense Ratio0.300%
  • Net Expense Ratio0.300%
  • Fee Level: DistributionLow
  • Share Class TypeInstitutional
  • Morningstar CategoryMuni National Intermediate
  • Fixed-Income Style Box (Funds)High/Moderate
  • Minimum Initial Investment$10,000
  • Investment StatusOpen
  • TTM Yield3.23%
  • Average Effective Duration4.97 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis BMBIX

Will BMBIX outperform in the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Baird Quality Intermediate Muni Bd Inst holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings BMBIX

More BMBIX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings15.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

HOUSTON TEX WTR & SWR SYS REV 5.75%

2.6627M
municipal

VAN WERT CNTY OHIO HOSP FACS REV 6.13%

2.4825M
municipal

NORTH TEX TWY AUTH REV 6.75%

1.9920M
municipal

HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5.5%

1.5015M
municipal

HOUSTON TEX WTR & SWR SYS REV 5.5%

1.3514M
municipal

TOBACCO SETTLEMENT REV MGMT AUTH S C TOB SETTLEMENT REV 6.38%

1.3013M
municipal

ANAHEIM CALIF PUB FING AUTH LEASE REV 0%

1.2813M
municipal

MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5%

1.2413M
municipal

NORTH TEX TWY AUTH REV 0%

1.2012M
municipal

United States Treasury Notes 3.75%

0.9710M
Government

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