Bridge Builder Municipal Bond Fund (BBMUX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BBMUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BBMUX
BBMUX charges 0.15% annually. There are 25 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | BBMUX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | BBMUX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | BBMUX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | BBMUX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | BBMUX vs FSMUX |
Best Risk-Adjusted Alternatives to BBMUX
BBMUX has a PortfoliosLab risk / return rank of 54. There are 303 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | BBMUX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | BBMUX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | BBMUX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | BBMUX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | BBMUX vs TFCYX |
Top Performing BBMUX Alternatives (YTD)
BBMUX is at -0.09% YTD. There are 382 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.42% | — | Apr 1998 | BBMUX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.26% | — | Nov 2002 | BBMUX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 6.51% | — | Oct 1992 | BBMUX vs MIY | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 5.51% | 12.30B | Sep 1994 | BBMUX vs VTMFX | |
| AllianceBernstein National Municipal Income Fund | 5.23% | — | Nov 2001 | BBMUX vs AFB |
Lowest Volatility Alternatives to BBMUX
BBMUX has 2.40% 1-year volatility. There are 164 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.53% | — | Aug 2002 | BBMUX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | BBMUX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | BBMUX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.64% | — | May 2016 | BBMUX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.64% | — | May 2016 | BBMUX vs USMTX |
Lowest Drawdown Alternatives to BBMUX
BBMUX has a 1-year max drawdown of -2.85%. There are 271 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | BBMUX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BBMUX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BBMUX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BBMUX vs TFCYX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | BBMUX vs DFSMX |
Other Mutual Funds from Bridge Builder
The 7 most viewed Bridge Builder mutual funds shown here include BBCPX, BBGLX, BBGSX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Bridge Builder Core Plus Bond Fund | Total Bond Market | 11 | -1.13% | — | Jul 2015 | BBMUX vs BBCPX | |
| Bridge Builder Large Cap Growth Fund | Large Cap Growth Equities | 5 | 4.67% | — | Apr 2015 | BBMUX vs BBGLX | |
| Bridge Builder Small/Mid Cap Growth Fund | Mid Cap Growth Equities | 9 | 8.23% | — | Apr 2015 | BBMUX vs BBGSX | |
| Bridge Builder Large Cap Value Fund | Large Cap Value Equities | 30 | 13.59% | — | Apr 2015 | BBMUX vs BBVLX | |
| Bridge Builder International Equity Fund | Foreign Large Cap Equities | 19 | 11.40% | — | Jul 2015 | BBMUX vs BBIEX | |
| Bridge Builder Core Bond Fund | Intermediate Core Bond | 9 | -1.05% | — | Oct 2013 | BBMUX vs BBTBX | |
| Bridge Builder Small/Mid Cap Value Fund | Mid Cap Value Equities | 19 | 17.80% | — | Apr 2015 | BBMUX vs BBVSX |
Often Compared With BBMUX
Investors most often compare BBMUX with PRNMX, VMATX, VTEB. These 17 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare BBMUX with Any Fund or Stock
Compare BBMUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BBMUX with funds that move differently
Bridge Builder Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BBMUX.
Explore BBMUX Diversifiers