Baird Quality Intermediate Municipal Bond Fund Class Investor (BMBSX)
| Fund Assets | 1.12B |
| Expense Ratio | 0.55% |
| Min. Investment | $2,500 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.69% |
| Dividend Growth | 8.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 28, 2026 |
| Previous Close | 11.59 |
| YTD Return | 1.25% |
| 1-Year Return | 5.33% |
| 5-Year Return | 4.26% |
| 52-Week Low | 10.78 |
| 52-Week High | 11.59 |
| Beta (5Y) | 0.18 |
| Holdings | 683 |
| Inception Date | Mar 30, 2001 |
About BMBSX
Baird Quality Intermediate Municipal Bond Fund Investor Class is an open-end mutual fund focused on tax-exempt fixed income. Its primary objective is to provide current income that is substantially exempt from federal income tax, with a secondary goal of total return and relatively low volatility of principal. The portfolio principally holds investment-grade, intermediate-term municipal obligations issued by state and local authorities, and normally invests at least 80% of net assets in bonds whose interest is exempt from regular federal income and alternative minimum taxes. The strategy employs a duration-neutral, risk-controlled approach that targets the duration of a quality intermediate municipal benchmark to enhance predictability relative to its index. The fund spans a broad mix of revenue and general obligation sectors across U.S. municipalities, reflecting diversified credit exposure within the national intermediate muni category. It serves investors seeking federally tax-exempt income and intermediate interest-rate sensitivity within a professionally managed, diversified municipal bond allocation.
Performance
BMBSX had a total return of 5.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.74%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BMBIX | Institutional | 0.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 28, 2026 | $0.02342 | Jan 29, 2026 |
| Dec 29, 2025 | $0.02805 | Dec 30, 2025 |
| Nov 25, 2025 | $0.02578 | Nov 26, 2025 |
| Oct 27, 2025 | $0.02611 | Oct 28, 2025 |
| Sep 25, 2025 | $0.02513 | Sep 26, 2025 |
| Aug 26, 2025 | $0.02563 | Aug 27, 2025 |