Baird Core Intermediate Municipal Bond Fund (BMNSX) 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 BMNSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BMNSX
BMNSX 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 | BMNSX vs LSMSX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | BMNSX vs FHMIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | BMNSX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | BMNSX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | BMNSX vs FSMUX |
Best Risk-Adjusted Alternatives to BMNSX
BMNSX has a PortfoliosLab risk / return rank of 81. There are 187 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 | BMNSX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | BMNSX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | BMNSX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | BMNSX vs FHMIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | BMNSX vs DFCMX |
Top Performing BMNSX Alternatives (YTD)
BMNSX is at 1.42% YTD. There are 280 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 10.68% | — | Nov 2002 | BMNSX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 10.10% | — | Apr 1998 | BMNSX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 8.97% | — | Oct 1992 | BMNSX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 6.95% | — | Nov 2001 | BMNSX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 6.75% | — | Feb 1998 | BMNSX vs MUC |
Lowest Volatility Alternatives to BMNSX
BMNSX has 1.68% 1-year volatility. There are 66 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | BMNSX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 0.55% | — | Aug 2002 | BMNSX vs DFSMX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | BMNSX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | BMNSX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BMNSX vs USMTX |
Lowest Drawdown Alternatives to BMNSX
BMNSX has a 1-year max drawdown of -2.09%. There are 84 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 | BMNSX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BMNSX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BMNSX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BMNSX vs TFCYX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | BMNSX vs DFABX |
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 | 32 | 0.30% | — | Sep 2000 | BMNSX vs BCOIX | |
| Baird Aggregate Bond Fund Class I | Total Bond Market | 29 | 0.25% | — | Sep 2000 | BMNSX vs BAGIX | |
| Baird Intermediate Bond Fund Class Institutional | Intermediate Core Bond | 36 | 0.08% | — | Sep 2000 | BMNSX vs BIMIX | |
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 30 | 0.25% | — | Sep 2000 | BMNSX vs BCOSX | |
| Baird Short-Term Bond Fund Institutional Class | Short-Term Bond | 95 | 1.17% | — | Aug 2004 | BMNSX vs BSBIX | |
| Baird Strategic Municipal Bond Fund | Municipal Bonds | 89 | 1.66% | — | Nov 2019 | BMNSX vs BSNSX | |
| Baird Aggregate Bond Fund | Intermediate Core Bond | 27 | 0.11% | — | Sep 2000 | BMNSX vs BAGSX | |
| Baird Intermediate Bond Fund | Intermediate Core Bond | 40 | 0.29% | — | Sep 2000 | BMNSX vs BIMSX | |
| Baird Ultra Short Bond Fund | Ultrashort Bond | 100 | 1.91% | — | Dec 2013 | BMNSX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | Ultrashort Bond | 100 | 1.69% | — | Dec 2013 | BMNSX vs BUBIX |
Often Compared With BMNSX
Investors most often compare BMNSX with FBKWX, MPA, APUSX. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare BMNSX with Any Fund or Stock
Compare BMNSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BMNSX with funds that move differently
Baird Core Intermediate Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BMNSX.
Explore BMNSX Diversifiers