BBMHX

About BBMHX

The Bridge Builder Municipal High-Income Bond Fund is an open-end mutual fund focused on generating current income that is generally exempt from federal income tax. This fund primarily invests at least 80% of its net assets in municipal securities of varying maturities and durations, targeting debt issued by state and local governments or their agencies across the United States. Its portfolio often includes bonds that support essential public projects such as education, utilities, infrastructure, and economic development initiatives. Classified in the high-yield municipal bond category, the fund seeks higher income by taking measured exposure to lower-rated or non-investment grade municipal debt. The fund maintains cost efficiency, with a low expense ratio relative to its peers, and distributes income to investors monthly. The portfolio is diversified, with allocations spanning multiple states and sectors, and is overseen by an experienced management team, contributing to its recognition for sound investment processes. The fund’s role in the financial market centers on offering tax-advantaged income to investors, making it particularly attractive for those seeking to optimize after-tax returns while supporting municipal development.