Baird Core Intermediate Municipal Bond Inst (BMNIX)
9.89
-0.01
(-0.10%)
USD |
Oct 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.30% | 6.629B | -- | 22.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.609B | -0.72% |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income that is exempt from federal income tax and is consistent with preservation of capital. The Fund invests at least 80% of its net assets in municipal bonds and debentures, the income from which is exempt from federal income tax (including the federal alternative minimum tax). |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Intermediate Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Intermediate Municipal Debt Funds |
| Fund Owner Firm Name | Baird |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
5
-359.62M
Peer Group Low
318.73M
Peer Group High
1 Year
% Rank:
3
1.609B
-700.45M
Peer Group Low
7.347B
Peer Group High
3 Months
% Rank:
11
-308.95M
Peer Group Low
1.446B
Peer Group High
3 Years
% Rank:
3
-1.574B
Peer Group Low
12.39B
Peer Group High
6 Months
% Rank:
8
-541.46M
Peer Group Low
2.618B
Peer Group High
5 Years
% Rank:
2
-2.498B
Peer Group Low
6.287B
Peer Group High
YTD
% Rank:
5
-635.49M
Peer Group Low
4.583B
Peer Group High
10 Years
% Rank:
3
-2.864B
Peer Group Low
27.98B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of August 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 99.36% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.64% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 4.0 05/31/2028 FIX USD Government | 1.10% | 98.87 | 0.05% |
|
Other Assets less Liabilities
|
0.64% | -- | -- |
| CALIFORNIA MUN FIN AUTH REV CA 5.000 06/30/2032 | 0.39% | 103.42 | -0.24% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV TN 5.000 11/01/2034 | 0.38% | 100.09 | -0.20% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV PA 3.250 08/01/2037 | 0.38% | 98.96 | 0.00% |
| PUBLIC FIN AUTH WIS REV WI 4.000 01/01/2055 | 0.38% | 99.70 | -0.07% |
| United States of America USGB 3.75 08/15/2027 FIX USD Government | 0.36% | 99.40 | 0.01% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 10/01/2030 | 0.33% | 101.74 | -0.35% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 5.000 06/01/2036 | 0.30% | 97.46 | -0.75% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 11/01/2035 | 0.30% | 97.82 | -0.21% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.25% |
| Administration Fee | 2.336M None |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 10000.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income that is exempt from federal income tax and is consistent with preservation of capital. The Fund invests at least 80% of its net assets in municipal bonds and debentures, the income from which is exempt from federal income tax (including the federal alternative minimum tax). |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Intermediate Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Intermediate Municipal Debt Funds |
| Fund Owner Firm Name | Baird |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-6-26) | 3.68% |
| 30-Day SEC Yield (8-31-26) | 3.69% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 4260 |
| Bond | |
| Yield to Maturity (8-31-26) | 3.97% |
| Effective Duration | 2.27 |
| Average Coupon | 4.79% |
| Calculated Average Quality | 2.394 |
| Effective Maturity | 11.37 |
| Nominal Maturity | 13.50 |
| Number of Bond Holdings | 4257 |
As of August 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 8/31/2015 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 5/1/2026 |
| Share Classes | |
| BMNSX | Inv |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:BMNIX", "name") |
| Broad Asset Class: =YCI("M:BMNIX", "broad_asset_class") |
| Broad Category: =YCI("M:BMNIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BMNIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |