Morningstar

Baird Ultra Short Bond Fund Investor Class BUBSX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$10.14  /  0.00
  • Fund Size$9.8B
  • Adjusted Expense Ratio0.400%
  • Net Expense Ratio0.400%
  • Fee Level: DistributionAverage
  • Share Class TypeNo Load
  • Morningstar CategoryUltrashort Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield3.89%
  • Average Effective Duration0.54 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis BUBSX

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

  • People Pillar

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

Consistent and excellent.

Director Alec Lucas

Alec Lucas

Director

Summary

Strong execution and a process whose incremental advantages add up make Baird Ultra Short Bond a top choice in the ultrashort bond Morningstar Category.

by Alec Lucas
Rated on Published on

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Portfolio Holdings BUBSX

More BUBSX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

3.78368M
Government

First American Government Obligs U

3.77367M
Cash and Equivalents

United States Treasury Notes 4.13%

3.75365M
Cash and Equivalents

United States Treasury Bills 0%

3.57347M
Government

United States Treasury Bill

3.56346M
Government

United States Treasury Bills 0%

3.29320M
Government

United States Treasury Notes 4.25%

1.39135M
Cash and Equivalents

PFS Financing Corp 4.95%

1.0097M
Securitized

Bank of America Corp. 4.95%

0.9491M
Corporate

Nissan Master Owner Trust Receivables Series 2024-B 5.05%

0.7573M
Securitized

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