Morningstar

Baird Municipal Bond Fund Investor BMQSX

Medalist Rating as of Sep 30, 2026 See Baird Investment Hub

Strategy

The investment seeks a high level of current income that is exempt from federal income tax and is consistent with the preservation of capital. The fund normally invests at least 80% of its net assets in municipal bonds and debentures, the income from which is exempt from federal income tax (including the federal alternative minimum tax (AMT)). It invests in a broadly diversified portfolio of federally tax-exempt municipal obligations issued by governmental authorities throughout the U.S. and its territories.

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
BMQSX	Baird Municipal Bond Fund Investor	No Load	Open			Nov 15, 2019	$27.49M	0.550%	Average	$2,500	−$5.46M
BMQIX	Baird Municipal Bond Fund Institutional	Institutional	Open			Nov 15, 2019	$1.26B	0.300%	Low	$10,000	$567.21M

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