Morningstar

Baird Ultra Short Bond Fund Investor Class BUBSX

Medalist Rating as of Apr 27, 2026 See Baird Investment Hub

Strategy

The investment seeks current income consistent with preservation of capital. The fund normally invests at least 80% of its net assets in bonds, including the following types of U.S. dollar‑denominated debt obligations: U.S. government and other public‑sector entities; asset‑backed and mortgage‑backed obligations of U.S. and foreign issuers; Corporate debt of U.S. and foreign issuers; money market instruments. It invests primarily in investment‑grade debt obligations, rated at the time of purchase by at least one major rating agency, but may invest up to 10% of its net assets in high yield bonds.

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
BUBSX	Baird Ultra Short Bond Fund Investor Class	No Load	Open			Dec 31, 2013	$115.26M	0.400%	Average	$2,500	$16.02M
BUBIX	Baird Ultra Short Bond Fund Institutional Class	Institutional	Open			Dec 31, 2013	$9.67B	0.150%	Low	$10,000	$12.21M

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