Baird Municipal Bond Investor (BMQSX)
| Fund Assets | 958.01M |
| Expense Ratio | 0.55% |
| Min. Investment | $2,500 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.49% |
| Dividend Growth | 2.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 10.07 |
| YTD Return | 1.64% |
| 1-Year Return | 6.23% |
| 5-Year Return | 7.77% |
| 52-Week Low | 9.67 |
| 52-Week High | 10.16 |
| Beta (5Y) | 0.25 |
| Holdings | 974 |
| Inception Date | Nov 15, 2019 |
About BMQSX
Baird Municipal Bond Fund Investor Class is an open-end mutual fund focused on the U.S. municipal bond market. Its primary purpose is to deliver a high level of income that is exempt from federal income tax while emphasizing preservation of capital. The strategy employs a national, research-driven approach across municipal sectors, including state and local general obligations, essential services, transportation, healthcare, sales tax–backed issues, and other revenue and general obligation bonds. The portfolio centers on investment-grade obligations and targets an intermediate-to-long maturity profile, investing across the 1–30 year segment of the municipal yield curve with active yield-curve positioning to capture pricing inefficiencies. Classified in the Muni National Long category with the Bloomberg Municipal Index as its benchmark, the fund’s risk profile aligns with medium credit quality and moderate interest-rate sensitivity, reflecting its diversified, national reach and longer duration focus. The fund’s holdings span hundreds of issuers and projects nationwide, such as airport, housing, water and sewer, school district, and utility revenue bonds, illustrating broad exposure to essential public finance sectors that underpin municipal infrastructure and services.
Performance
BMQSX had a total return of 6.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.11%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BMQIX | Institutional | 0.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.02851 | Jun 29, 2026 |
| May 27, 2026 | $0.03137 | May 28, 2026 |
| Apr 27, 2026 | $0.0273 | Apr 28, 2026 |
| Mar 27, 2026 | $0.03031 | Mar 30, 2026 |
| Feb 25, 2026 | $0.02994 | Feb 26, 2026 |
| Jan 28, 2026 | $0.02643 | Jan 29, 2026 |