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Baird Core Intermediate Municpl Bd Instl (BMNIX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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10.170.00 (0.00%)
At close: 08:00PM EDT

Baird Core Intermediate Municpl Bd Instl

Milwaukee, WI 53202

777 East Wisconsin Avenue

Baird Funds Inc

Management Information
,Lead Manager since September 30, 2019
Lyle has over 30 years of investment experience managing fixed income portfolios, with a primary focus on the municipal market. He plays a lead role in the formulation and implementation of investment strategy with a major portion of his time allocated to municipal portfolio management and credit research. Lyle received his undergraduate degree in accounting from the University of North Dakota. He was awarded the Chartered Financial Analyst designation in 1996. Lyle is currently a member of the CFA Institute and is a member of the CFA Society of Milwaukee. Prior to joining Baird Advisors, Lyle served as the co-head of Global Fixed Income and the head of the Municipal Fixed Income team at Wells Fargo Asset Management (WFAM).
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryMuni National Interm
Fund FamilyBaird
Net Assets3.28B
YTD Return0.13%
Yield3.13%
Morningstar Rating★★★★
Inception DateAug 30, 2015

Fund Operations

Last Dividend0.11
Last Cap Gain-1.00
Holdings Turnover32.00%
Average for CategoryN/A

Fees & Expenses

ExpenseBMNIXCategory Average
Annual Report Expense Ratio (net)0.55%0.68%
Prospectus Net Expense Ratio0.55%N/A
Prospectus Gross Expense Ratio0.55%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.56%
Max Deferred Sales LoadN/A1.22%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A