Baird Quality Intermediate Municipal Bond Fund - Investor Class (BMBSX) NASDAQ

11.43

+0(+0.00%)

Updated at October 03 04:00PM

Currency In USD

Baird Quality Intermediate Municipal Bond Fund - Investor Class

Address

777 East Wisconsin Avenue

Milwaukee, WI 53202

United States of America

Phone

414-765-3500

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

March 30, 2001

Key Executives

N/A

Description

The investment seeks current income that is substantially exempt from federal income tax; total return with relatively low volatility of principal is a secondary objective. The fund normally invests at least 80% of its net assets in municipal bonds and debentures, the interest from which is exempt from federal income tax. It invests in a broadly diversified portfolio of municipal obligations issued by governmental authorities throughout the U.S. and its territories. The fund may invest in all types of municipal obligations, including pre-refunded bonds, general obligation bonds, revenue bonds, municipal lease participations and tax-exempt commercial paper.