BBH Intermediate Municipal Bond Fund (BBIIX)
| Fund Assets | 1.80B |
| Expense Ratio | 0.44% |
| Min. Investment | $50,000 |
| Turnover | 201.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.32% |
| Dividend Growth | -6.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 10.23 |
| YTD Return | 2.23% |
| 1-Year Return | 2.09% |
| 5-Year Return | 5.16% |
| 52-Week Low | 9.94 |
| 52-Week High | 10.44 |
| Beta (5Y) | n/a |
| Holdings | 415 |
| Inception Date | Apr 1, 2014 |
About BBIIX
BBH Intermediate Municipal Bond Fund Class I is an institutional share class of an open-end mutual fund specializing in intermediate-term municipal bonds. The fund’s primary objective is to protect capital while generating high after-tax total returns with a focus on income. It invests predominantly in investment-grade municipal bonds that are exempt from federal income taxes, typically maintaining a portfolio with an average duration between three and six years. Its holdings span a broad range of issuers, including state and local governments, agencies, and special-purpose projects, providing diversified exposure to the U.S. municipal bond market. The fund is managed with a value-based approach that emphasizes risk-adjusted returns and capital preservation through varying interest rate environments. With a relatively low expense ratio compared to peers and monthly income distributions, BBH Intermediate Municipal Bond Fund Class I plays a significant role for institutional investors seeking tax-efficient, intermediate-duration fixed income exposure in their portfolios.
Performance
BBIIX had a total return of 2.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.54%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWIUX | Vanguard | Vanguard Interm-Term Tx-Ex Adm | 0.09% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BBINX | Class N Shares | 0.65% |
Top 10 Holdings
14.26% of assets| Name | Symbol | Weight |
|---|---|---|
| UNIVERSITY N C CHAPEL HILL REV 3.97% | NC.UNCHGR 12.01.2041 | 2.11% |
| ILLINOIS FIN AUTH REV 3.95% | IL.ILSGEN 08.15.2049 | 1.66% |
| KING CNTY WASH SWR REV 3.9% | WA.KINUTL 01.01.2065 | 1.66% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 3.18% | CA.CCEDEV 02.01.2052 | 1.47% |
| PUBLIC FIN AUTH WIS HEALTH CARE SYS REV 3.95% | WI.PUBMED 10.01.2055 | 1.41% |
| OHIO ST HOSP FAC REV 3.75% | OH.OHSMED 01.01.2052 | 1.38% |
| SALT VERDE FINL CORP GAS REV ARIZ 5% | AZ.SLTPWR 5 12.01.2037 | 1.24% |
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5% | NE.CENPWR 05.01.2053 | 1.16% |
| SOUTH MIAMI FLA HEALTH FACS AUTH HOSP REV 5% | FL.SMIMED 5 08.15.2042 | 1.15% |
| OHIO ST HSG FIN AGY RESIDENTIAL MTG REV 6.5% | OH.OHSHSG 6.5 03.01.2056 | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 28, 2025 | $0.02972 | Aug 28, 2025 |
| Jul 31, 2025 | $0.03168 | Jul 31, 2025 |
| May 30, 2025 | $0.03071 | May 30, 2025 |
| Apr 30, 2025 | $0.03068 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03177 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02895 | Feb 28, 2025 |