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Morningstar

Baird Ultra Short Bond Institutional BUBIX

Morningstar Analyst Rating
Analyst rating as of | See Baird Investment Hub
  • NAV / 1-Day Return 10.02  /  0.00
  • Total Assets 5.8 Bil
  • Adj. Expense Ratio
    0.150%
  • Expense Ratio 0.150%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 1.56%
  • Effective Duration 0.54 years

USD | NAV as of Feb 03, 2023 | 1-Day Return as of Feb 03, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis BUBIX

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

People Pillar

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

An excellent contender at the shortest end of the credit curve.

Senior Analyst

Summary

| by Gabriel Denis

Baird Ultra Short Bond, a relatively new addition to Baird’s taxable fixed-income franchise, sports the same highly competent team and stellar investment process that have bolstered its longer-dated cousins. It earns a Morningstar Analyst Rating of Gold on its cheaper share class and Silver on its more-expensive class.

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