Old Westbury Municipal Bond Fund (OWMBX)
| Fund Assets | 2.30B |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.58% |
| Dividend Growth | 4.58% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 11.75 |
| YTD Return | 1.47% |
| 1-Year Return | 5.45% |
| 5-Year Return | 3.62% |
| 52-Week Low | 10.91 |
| 52-Week High | 11.76 |
| Beta (5Y) | 0.19 |
| Holdings | 552 |
| Inception Date | Mar 6, 1998 |
About OWMBX
Old Westbury Municipal Bond Fund is an open-end mutual fund focused on U.S. municipal securities within the muni national intermediate category. Its primary objective is to provide income that is generally exempt from federal income tax by investing predominantly in bonds issued by state and local governments to finance public projects such as infrastructure, education, and transportation. According to category definitions, portfolios in this segment typically maintain durations around four to six years to balance interest-rate sensitivity with income generation, and diversify across multiple states and sectors to manage credit risk. The fund maintains a broad portfolio with hundreds of holdings, limiting concentration—its top 10 positions represent a single-digit share of assets—while keeping cash and high-quality liquidity instruments as part of its allocation. With multi-manager oversight and an expense ratio positioned around the middle of peers, the fund targets consistent, tax-advantaged income within a diversified municipal bond framework. Its role in the market is to serve investors seeking federally tax-exempt income and intermediate-rate interest exposure through a nationally diversified municipal bond strategy.
Performance
OWMBX had a total return of 5.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.54%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.07502 | Dec 19, 2025 |
| Sep 11, 2025 | $0.078 | Sep 12, 2025 |
| Jun 12, 2025 | $0.076 | Jun 13, 2025 |
| Mar 13, 2025 | $0.074 | Mar 14, 2025 |
| Dec 19, 2024 | $0.07674 | Dec 20, 2024 |
| Sep 12, 2024 | $0.073 | Sep 13, 2024 |