Baird Quality Intermediate Municipal Bond Fund (BMBSX) 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 BMBSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BMBSX
BMBSX charges 0.55% annually. There are 187 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 | BMBSX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | BMBSX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | BMBSX vs FHMIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | BMBSX vs VTMFX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | BMBSX vs FSMUX |
Best Risk-Adjusted Alternatives to BMBSX
BMBSX has a PortfoliosLab risk / return rank of 71. There are 347 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 | BMBSX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | BMBSX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | BMBSX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | BMBSX vs FHMIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | BMBSX vs DNYMX |
Top Performing BMBSX Alternatives (YTD)
BMBSX is at 0.86% YTD. There are 389 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.24% | — | Apr 1998 | BMBSX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.95% | — | Nov 2002 | BMBSX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 8.09% | — | Oct 1992 | BMBSX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 7.05% | — | Nov 2001 | BMBSX vs AFB | |
| BlackRock MuniHoldings New Jersey Quality Fund | 6.08% | — | Mar 1998 | BMBSX vs MUJ |
Lowest Volatility Alternatives to BMBSX
BMBSX has 1.61% 1-year volatility. There are 60 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | Aug 2002 | BMBSX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | BMBSX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.58% | — | Apr 2007 | BMBSX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | BMBSX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | BMBSX vs USMTX |
Lowest Drawdown Alternatives to BMBSX
BMBSX has a 1-year max drawdown of -1.98%. There are 76 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 | BMBSX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BMBSX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BMBSX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BMBSX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | BMBSX vs DFSMX |
Other Mutual Funds from Baird
The 10 most viewed Baird mutual funds shown here include BCOIX, BAGIX, BIMIX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 27 | 0.30% | — | Sep 2000 | BMBSX vs BCOIX | |
| Baird Aggregate Bond Fund Class I | Total Bond Market | 24 | 0.25% | — | Sep 2000 | BMBSX vs BAGIX | |
| Baird Intermediate Bond Fund Class Institutional | Intermediate Core Bond | 28 | 0.08% | — | Sep 2000 | BMBSX vs BIMIX | |
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 27 | 0.25% | — | Sep 2000 | BMBSX vs BCOSX | |
| Baird Short-Term Bond Fund Institutional Class | Short-Term Bond | 94 | 1.17% | — | Aug 2004 | BMBSX vs BSBIX | |
| Baird Strategic Municipal Bond Fund | Municipal Bonds | 89 | 1.56% | — | Nov 2019 | BMBSX vs BSNSX | |
| Baird Aggregate Bond Fund | Intermediate Core Bond | 22 | 0.11% | — | Sep 2000 | BMBSX vs BAGSX | |
| Baird Intermediate Bond Fund | Intermediate Core Bond | 34 | 0.29% | — | Sep 2000 | BMBSX vs BIMSX | |
| Baird Ultra Short Bond Fund | Ultrashort Bond | 100 | 1.91% | — | Dec 2013 | BMBSX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | Ultrashort Bond | 100 | 1.69% | — | Dec 2013 | BMBSX vs BUBIX |
Often Compared With BMBSX
Investors most often compare BMBSX with MINT, VTEB, FXIEX. These 15 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare BMBSX with Any Fund or Stock
Compare BMBSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BMBSX with funds that move differently
Baird Quality Intermediate Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BMBSX.
Explore BMBSX Diversifiers