Baird Quality Intermediate Municipal Bond Fund Class Institutional (BMBIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.77

+0.06 (0.56%)

At close: Oct 15, 2026

Fund Assets	1.04B
Expense Ratio	0.292%
Min. Investment	$25,000
Turnover	27.00%
Dividend (ttm)	0.35
Dividend Yield	3.23%
Dividend Growth	4.59%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 28, 2026

Previous Close	10.71
YTD Return	-2.27%
1-Year Return	-1.42%
5-Year Return	2.32%
52-Week Low	10.53
52-Week High	11.30
Beta (5Y)	0.03
Holdings	734
Inception Date	Mar 30, 2001

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

Index Bloomberg Muni Quality Intermediate TR

Performance

BMBIX had a total return of -1.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.12%.

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
Sep 28, 2026	$0.02866	Sep 29, 2026
Aug 27, 2026	$0.02817	Aug 28, 2026
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

Full Dividend History