BBBMX

About BBBMX

BBH Limited Duration Fund Class N is an actively managed open‑end mutual fund focused on short‑maturity fixed income. Its primary objective is to provide maximum total return consistent with preservation of capital and prudent risk management, implemented through a well‑diversified portfolio of high‑quality bonds, including floating and variable‑rate instruments, short Treasuries, and investment‑grade corporate and securitized debt. According to the adviser, the strategy targets issuers deemed performing and durable, purchased at attractive valuations, and maintains limited interest rate sensitivity typical of the ultrashort bond category. The fund plays a role as a cash‑plus, core liquidity complement for investors seeking stability, income paid monthly, and modest volatility, supported by an effective duration around one year and a below‑average distribution fee structure for the share class. It has a long operating history dating to 2000 and is part of the Brown Brothers Harriman fund family. Reported features include a competitive net expense ratio for Class N and a diversified holdings base with substantial exposure to U.S. Treasury bills alongside high‑grade corporate issuers.