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 23 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 | |
| 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 | |
| PIMCO Fixed Income SHares: Series TE | 0.07% | — | Jun 2012 | BBMUX vs FXIEX |
Best Risk-Adjusted Alternatives to BBMUX
BBMUX has a PortfoliosLab risk / return rank of 70. There are 241 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 Selective State Municipal Bond Port... | 100 | — | Apr 2022 | BBMUX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | BBMUX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | BBMUX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | BBMUX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | BBMUX vs ATOIX |
Top Performing BBMUX Alternatives (YTD)
BBMUX is at 1.23% YTD. There are 322 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | BBMUX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | BBMUX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 6.87% | — | Nov 2002 | BBMUX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.20% | — | Nov 2001 | BBMUX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.14% | — | Oct 1992 | BBMUX vs MIY |
Lowest Volatility Alternatives to BBMUX
BBMUX has 2.39% 1-year volatility. There are 178 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | BBMUX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BBMUX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BBMUX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | BBMUX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | BBMUX vs DFSMX |
Lowest Drawdown Alternatives to BBMUX
BBMUX has a 1-year max drawdown of -2.85%. There are 272 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 | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BBMUX vs FHMIX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BBMUX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | BBMUX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BBMUX vs TFCYX |
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 | 25 | 0.03% | — | Jul 2015 | BBMUX vs BBCPX | |
| Bridge Builder Large Cap Growth Fund | Large Cap Growth Equities | 5 | 5.93% | — | Apr 2015 | BBMUX vs BBGLX | |
| Bridge Builder Small/Mid Cap Growth Fund | Mid Cap Growth Equities | 9 | 9.82% | — | Apr 2015 | BBMUX vs BBGSX | |
| Bridge Builder International Equity Fund | Foreign Large Cap Equities | 6 | 7.73% | — | Jul 2015 | BBMUX vs BBIEX | |
| Bridge Builder Large Cap Value Fund | Large Cap Value Equities | 12 | 9.43% | — | Apr 2015 | BBMUX vs BBVLX | |
| Bridge Builder Core Bond Fund | Intermediate Core Bond | 23 | 0.14% | — | Oct 2013 | BBMUX vs BBTBX | |
| Bridge Builder Small/Mid Cap Value Fund | Mid Cap Value Equities | 10 | 12.39% | — | Apr 2015 | BBMUX vs BBVSX |
Often Compared With BBMUX
Investors most often compare BBMUX with PRNMX, VTEB, VMATX. These 14 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