Bridge Builder Municipal Bond Fund (BBMUX)
| Fund Assets | 17.43B |
| Expense Ratio | 0.13% |
| Min. Investment | $0.00 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.57% |
| Dividend Growth | 9.37% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.77 |
| YTD Return | -0.46% |
| 1-Year Return | -0.33% |
| 5-Year Return | 1.61% |
| 52-Week Low | 9.54 |
| 52-Week High | 10.06 |
| Beta (5Y) | 0.21 |
| Holdings | 5535 |
| Inception Date | Sep 14, 2015 |
About BBMUX
Bridge Builder Municipal Bond Fund is an open-end mutual fund that invests primarily in U.S. municipal securities to deliver current income that is exempt from federal income tax, with a secondary objective of preserving capital. Under normal conditions, it allocates at least 80% of net assets to municipal bonds across a range of maturities, emphasizing diversified exposure to state and local issuers that finance public projects such as transportation, utilities, education, and healthcare. The fund resides in the Muni National Intermediate category, reflecting a balanced interest-rate profile and moderate duration positioning designed to manage rate sensitivity while maintaining tax-advantaged income. Key characteristics include a broad portfolio spanning thousands of holdings and a low expense ratio relative to peers, supporting cost-efficient access to the municipal market. Regular monthly distributions underscore its income orientation, while the portfolio’s credit and duration management aims to balance income generation with risk control in changing market conditions. By aggregating investment across numerous issuers and sectors, the fund serves as a diversified core municipal allocation for investors seeking federally tax-exempt income.
Performance
BBMUX had a total return of -0.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.67%.
Top 10 Holdings
4.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Government Portfolio | FRGXX | 1.60% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | KY.KYSPWR 01.01.2055 | 0.45% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 0.38% |
| MIAMI-DADE CNTY FLA AVIATION REV 5% | FL.MIATRN 5 10.01.2032 | 0.31% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.33% | PR.PRCGEN 4.33 07.01.2040 | 0.30% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 10.01.2055 | 0.27% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 0.26% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2033 | 0.25% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4.62% | GA.MAIUTL 12.01.2053 | 0.24% |
| LAS VEGAS VY NEV WTR DIST 5% | NV.LVVWTR 5 06.01.2039 | 0.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03088 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02953 | Jun 30, 2025 |
| May 30, 2025 | $0.03044 | May 30, 2025 |
| Apr 30, 2025 | $0.02919 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02993 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02666 | Feb 28, 2025 |