Baird Ultra Short Bond Fund Institutional Class (BUBIX)

Fund Assets	9.50B
Expense Ratio	0.157%
Min. Investment	$25,000
Turnover	88.00%
Dividend (ttm)	0.42
Dividend Yield	4.16%
Dividend Growth	-13.09%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 28, 2026

Previous Close	10.11
YTD Return	2.16%
1-Year Return	3.14%
5-Year Return	20.33%
52-Week Low	10.09
52-Week High	10.17
Beta (5Y)	0.01
Holdings	390
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.

• Fund Family: Baird
• Category: Ultra-Short Oblig
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: BUBIX
• Share Class: Institutional Class
• Index: Bloomberg U.S. Short Govt/Corporate TR

Performance

BUBIX had a total return of 3.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.33%.

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

24.25% of assets

Name	Symbol	Weight
First American Government Obligs U	FGUXX	4.70%
United States Treasury Notes 3.75%	T.3.75 04.30.27	4.41%
United States Treasury Notes 4.13%	T.4.125 10.31.26	3.89%
United States Treasury Notes 4.25%	T.4.25 12.31.26	2.50%
United States Treasury Notes 3.88%	T.3.875 05.31.27	2.23%
United States Treasury Notes 4.13%	T.4.125 02.28.27	1.81%
United States Treasury Notes 4.13%	T.4.125 01.31.27	1.49%
United States Treasury Notes 4.25%	T.4.25 11.30.26	1.44%
Bank of America Corp. 4.95%	BAC.V4.948 07.22.28 MTN	0.97%
PFS Financing Corp 4.95%	PFSFC.2024-B A	0.81%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 28, 2026	$0.03242	Sep 29, 2026
Aug 27, 2026	$0.03178	Aug 28, 2026
Jul 28, 2026	$0.03473	Jul 29, 2026
Jun 26, 2026	$0.03173	Jun 29, 2026
May 27, 2026	$0.03519	May 28, 2026
Apr 27, 2026	$0.03071	Apr 28, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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