Baird Municipal Bond Fund Institutional (BMQIX)
10.02
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.30% | 689.66M | -- | 47.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 385.11M | 2.94% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income that is exempt from federal income tax and is consistent with the 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 |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured 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:
16
-95.69M
Peer Group Low
532.09M
Peer Group High
1 Year
% Rank:
11
385.11M
-1.649B
Peer Group Low
5.560B
Peer Group High
3 Months
% Rank:
15
-280.38M
Peer Group Low
2.197B
Peer Group High
3 Years
% Rank:
19
-4.975B
Peer Group Low
18.10B
Peer Group High
6 Months
% Rank:
12
-650.32M
Peer Group Low
5.019B
Peer Group High
5 Years
% Rank:
20
-7.233B
Peer Group Low
34.74B
Peer Group High
YTD
% Rank:
12
-1.463B
Peer Group Low
5.771B
Peer Group High
10 Years
% Rank:
30
-7.036B
Peer Group Low
44.60B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | -0.00% |
| Stock | 0.00% |
| Bond | 98.22% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.78% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
OTHER ASSETS LESS LIABILITIES
|
1.78% | -- | -- |
| GREATER FALL RIVER MASS VOCATIONAL SCH DIST MA 5.000 06/01/2055 | 0.79% | -- | -- |
| ROSEMOUNT MINN INDPT SCH DIST NO 196 MN 4.000 02/01/2042 | 0.61% | -- | -- |
| BEDFORD OHIO CITY SCH DIST OH 5.500 12/01/2044 | 0.53% | -- | -- |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV NY 2.850 06/15/2044 | 0.53% | 100.00 | 0.00% |
| COLORADO BRDG & TUNL ENTERPRISE INFRASTRUCTURE REV CO 5.250 12/01/2050 | 0.53% | 105.27 | -0.00% |
| NATIONAL FIN AUTH N H MUN CTFS NH 4.216 11/20/2042 | 0.52% | -- | -- |
| TEXAS CITY TEX TX 5.000 02/15/2043 | 0.48% | -- | -- |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP MED FACS REV TX 5.000 11/15/2054 | 0.46% | 108.70 | -0.01% |
| SOUTH DAKOTA HSG DEV AUTH SD 6.250 05/01/2056 | 0.43% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.25% |
| Administration Fee | 115.4K% |
| 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 |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income that is exempt from federal income tax and is consistent with the 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 |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Baird |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 3.63% |
| 30-Day SEC Yield (10-31-25) | 3.66% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 784 |
| Bond | |
| Yield to Maturity (10-31-25) | 3.99% |
| Effective Duration | 6.89 |
| Average Coupon | 4.87% |
| Calculated Average Quality | 2.478 |
| Effective Maturity | 15.35 |
| Nominal Maturity | 17.24 |
| Number of Bond Holdings | 781 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 11/15/2019 |
| Last Annual Report Date | 12/31/2024 |
| Last Prospectus Date | 5/1/2025 |
| Share Classes | |
| BMQSX | Inv |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication 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:BMQIX", "name") |
| Broad Asset Class: =YCI("M:BMQIX", "broad_asset_class") |
| Broad Category: =YCI("M:BMQIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BMQIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |