Baird Ultra Short Bond Fund Institutional Class (BUBIX)
| Fund Assets | 9.42B |
| Expense Ratio | 0.15% |
| Min. Investment | $25,000 |
| Turnover | 88.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.31% |
| Dividend Growth | -15.42% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 27, 2026 |
| Previous Close | 10.13 |
| YTD Return | 1.02% |
| 1-Year Return | 4.05% |
| 5-Year Return | 19.09% |
| 52-Week Low | 10.10 |
| 52-Week High | 10.17 |
| Beta (5Y) | 0.01 |
| Holdings | 368 |
| 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 4.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.32%.
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
23.85% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.13% | T.4.125 10.31.26 | 3.97% |
| United States Treasury Notes 4.88% | T.4.875 05.31.26 | 3.97% |
| United States Treasury Notes 3.75% | T.3.75 08.31.26 | 3.69% |
| United States Treasury Notes 4.25% | T.4.25 11.30.26 | 3.00% |
| United States Treasury Notes 4.13% | T.4.125 02.28.27 | 1.85% |
| United States Treasury Notes 4.63% | T.4.625 06.30.26 | 1.63% |
| United States Treasury Notes 4.88% | T.4.875 04.30.26 | 1.61% |
| United States Treasury Notes 4.25% | T.4.25 12.31.26 | 1.58% |
| United States Treasury Notes 4.13% | T.4.125 01.31.27 | 1.52% |
| Bank of America Corp. 1.73% | BAC.V1.734 07.22.27 | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 27, 2026 | $0.03071 | Apr 28, 2026 |
| Mar 27, 2026 | $0.0348 | Mar 30, 2026 |
| Feb 25, 2026 | $0.03168 | Feb 26, 2026 |
| Jan 28, 2026 | $0.03029 | Jan 29, 2026 |
| Dec 29, 2025 | $0.05627 | Dec 30, 2025 |
| Nov 25, 2025 | $0.03577 | Nov 26, 2025 |