Morningstar

Baird Municipal Bond Fund Investor BMQSX

Morningstar Medalist Rating
Medalist Rating as of | See Baird Investment Hub
  • NAV / 1-Day Return 9.50  /  0.00
  • Total Assets 1.1B
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.71%
  • Effective Duration 6.78 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 10:45 PM GMT+0

Morningstar’s Analysis BMQSX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Baird Municipal Bond Investor 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BMQSX

More BMQSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

COOK CNTY ILL CMNTY COLLEGE DIST NO 508 5.5%

0.62 6M
municipal

CALIFORNIA MUN FIN AUTH REV 5.5%

0.52 5M
municipal

HAMPTON RDS TRANSN ACCOUNTABILITY COMMN VA HAMPTON RDS TRANSN FD REV 5%

0.51 5M
municipal

GREATER FALL RIVER MASS VOCATIONAL SCH DIST 5%

0.49 5M
municipal

United States Treasury Notes 4.13%

0.48 5M
Government

United States Treasury Notes 4.25%

0.48 5M
Government

Federated Hermes Instl T-F Cash Premier

0.44 5M
Cash and Equivalents

HAMPTON ROADS SANTN DIST VA WASTEWATER REV 5%

0.44 5M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

0.43 4M
municipal

LOUISIANA PUB FACS AUTH LEASE REV 5.25%

0.42 4M
municipal

Sponsor Center