Baird Ultra Short Bond Institutional (BUBIX)
| Fund Assets | 9.34B |
| Expense Ratio | 0.15% |
| Min. Investment | $25,000 |
| Turnover | 90.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.77% |
| Dividend Growth | -9.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 25, 2025 |
| Previous Close | 10.14 |
| YTD Return | 2.25% |
| 1-Year Return | 3.42% |
| 5-Year Return | 15.74% |
| 52-Week Low | 10.10 |
| 52-Week High | 10.17 |
| Beta (5Y) | 0.01 |
| Holdings | 376 |
| Inception Date | Dec 31, 2013 |
About BUBIX
The Baird Ultra Short Bond Fund Institutional Class is an open-ended mutual fund specializing in ultra-short duration, investment-grade fixed income securities. Its principal aim is to provide current income while prioritizing preservation of capital, making it a suitable choice for investors seeking a lower volatility option within the bond market. The fund primarily invests in a diversified portfolio of high-quality debt instruments, including U.S. Treasury bills, corporate bonds, and securitized assets, with a dollar-weighted average portfolio duration greater than three months but typically less than one year. A notable characteristic is its very short effective duration—around 0.5 years—which helps mitigate interest rate risk. The fund distributes income monthly and is actively managed by a seasoned team employing a bottom-up portfolio construction strategy. With several billion dollars in assets under management and exposure across more than 350 holdings, the fund serves as a conservative fixed income solution for institutional investors and those requiring liquidity and principal stability. Its market role is to provide capital parking with income potential for those looking to avoid higher durations or riskier credit exposures relative to traditional bond funds.
Performance
BUBIX had a total return of 3.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.17%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BUBSX | Investor Class | 0.40% |
Top 10 Holdings
30.96% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 10.02.25 | 4.45% |
| United States Treasury Notes 4.88% | T.4.875 05.31.26 | 3.96% |
| United States Treasury Bills 0% | B.0 09.18.25 | 3.72% |
| First American Government Obligations Fund | FGUXX | 3.70% |
| United States Treasury Notes 4.88% | T.4.875 04.30.26 | 3.58% |
| United States Treasury Notes 4.5% | T.4.5 03.31.26 | 3.52% |
| United States Treasury Notes 4.63% | T.4.625 02.28.26 | 3.50% |
| United States Treasury Notes 0.38% | T.0.375 01.31.26 | 1.82% |
| United States Treasury Notes 4.63% | T.4.625 06.30.26 | 1.63% |
| United States Treasury Bills 0% | B.0 09.04.25 | 1.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2025 | $0.034 | Sep 26, 2025 |
| Aug 26, 2025 | $0.03596 | Aug 27, 2025 |
| Jul 28, 2025 | $0.03844 | Jul 29, 2025 |
| Jun 24, 2025 | $0.03751 | Jun 25, 2025 |
| May 27, 2025 | $0.03639 | May 28, 2025 |
| Apr 25, 2025 | $0.03543 | Apr 28, 2025 |