Baird Quality Intermediate Municipal Bond Fund Class Institutional (BMBIX)

Fund Assets	1.08B
Expense Ratio	0.30%
Min. Investment	$10,000
Turnover	27.00%
Dividend (ttm)	0.35
Dividend Yield	3.15%
Dividend Growth	5.13%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 28, 2026

Previous Close	11.02
YTD Return	-0.06%
1-Year Return	2.51%
5-Year Return	3.99%
52-Week Low	10.98
52-Week High	11.30
Beta (5Y)	n/a
Holdings	743
Inception Date	n/a

About BMBIX

Baird Quality Intermediate Municipal Bond Fund Institutional Class is an actively managed mutual fund focused on generating current income that is substantially exempt from federal income tax, with a secondary aim of total return and relatively low principal volatility. The portfolio primarily holds investment‑grade, intermediate‑term municipal obligations issued by state and local authorities, normally investing at least 80% of net assets in municipal bonds and debentures whose interest is exempt from regular federal income tax. Management employs a duration‑neutral, risk‑controlled approach, targeting the duration of the Bloomberg Quality Intermediate Municipal Bond Index to enhance predictability versus its benchmark. The fund sits in the Muni National Intermediate category and is offered as an institutional share class. Core characteristics often include high credit quality with limited interest‑rate sensitivity, reflecting an emphasis on risk control and intermediate duration positioning. Within the municipal market, the fund provides diversified exposure across revenue and general obligation issuers and sectors, serving as a tax‑efficient fixed income allocation for investors seeking federally tax‑exempt income through a professionally managed, benchmark‑aware strategy.

• Fund Family: Baird
• Category: Muni National Interm
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: BMBIX
• Share Class: Institutional

Performance

BMBIX had a total return of 2.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.22%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
BMBSX	Investor	0.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 28, 2026	$0.03117	Jul 29, 2026
Jun 26, 2026	$0.02791	Jun 29, 2026
May 27, 2026	$0.03102	May 28, 2026
Apr 27, 2026	$0.02686	Apr 28, 2026
Mar 27, 2026	$0.03207	Mar 30, 2026
Feb 25, 2026	$0.02936	Feb 26, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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