Morningstar

Baird Quality Intermediate Municipal Bond Fund Class Institutional BMBIX

Morningstar Medalist Rating
Medalist Rating as of | See Baird Investment Hub
  • NAV / 1-Day Return 10.67  /  0.00
  • Total Assets 1.0B
  • Adj. Expense Ratio
    0.300%
  • Expense Ratio 0.300%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 3.28%
  • Effective Duration 4.54 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:57 AM GMT+0

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 Holdings 15.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

HOUSTON TEX WTR & SWR SYS REV 5.75%

2.65 29M
municipal

VAN WERT CNTY OHIO HOSP FACS REV 6.13%

2.42 26M
municipal

Federated Hermes Instl T-F Cash Premier

2.38 26M
Cash and Equivalents

NORTH TEX TWY AUTH REV 6.75%

1.96 21M
municipal

HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5.5%

1.45 16M
municipal

HOUSTON TEX WTR & SWR SYS REV 5.5%

1.31 14M
municipal

ANAHEIM CALIF PUB FING AUTH LEASE REV 0%

1.30 14M
municipal

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

1.27 14M
municipal

NORTH TEX TWY AUTH REV 0%

1.19 13M
municipal

CLARK CNTY WASH SCH DIST NO 114 EVERGREEN 5.25%

0.93 10M
municipal

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