Morningstar

Baird Ultra Short Bond Fund Institutional Class BUBIX

Morningstar Medalist Rating
Medalist Rating as of | See Baird Investment Hub
  • NAV / 1-Day Return 10.10  /  0.00
  • Total Assets 9.6B
  • 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 4.16%
  • Effective Duration 0.54 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:55 AM GMT+0

Morningstar’s Analysis BUBIX

Will BUBIX 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 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.

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 BUBIX

More BUBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs U

4.70 442M
Cash and Equivalents

United States Treasury Notes 3.75%

4.41 414M
Government

United States Treasury Notes 4.13%

3.89 365M
Cash and Equivalents

United States Treasury Notes 4.25%

2.50 235M
Government

United States Treasury Notes 3.88%

2.23 210M
Government

United States Treasury Notes 4.13%

1.81 170M
Government

United States Treasury Notes 4.13%

1.49 140M
Government

United States Treasury Notes 4.25%

1.44 135M
Cash and Equivalents

Bank of America Corp. 4.95%

0.97 91M
Corporate

PFS Financing Corp 4.95%

0.81 76M
Securitized

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