- What does BUBSX invest in?
- The fund normally invests at least 80% of its net assets in bonds, including the following types of U.S. dollar-denominated debt obligations: U.S. government and other public-sector entities; asset-backed and mortgage-backed obligations of U.S. and foreign issuers; Corporate debt of U.S. and foreign issuers; money market instruments. It invests primarily in investment-grade debt obligations, rated at the time of purchase by at least one major rating agency, but may invest up to 10% of its net assets in high yield bonds.
- What is the expense ratio of BUBSX?
- Baird Ultra Short Bond Fund Investor Cl (BUBSX) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.
- What is BUBSX's dividend yield?
- BUBSX's trailing-twelve-month yield is 3.94%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of BUBSX?
- Effective duration measures BUBSX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BUBSX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of BUBSX?
- BUBSX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of BUBSX?
- Yield to maturity (YTM) is the total return you'd earn from BUBSX if every bond in the portfolio is held to maturity at the current price. BUBSX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
