Bridge Builder Municipal Bond Fund

Bridge Builder Municipal Bond Fund dudkela.dastagiri Wed, 01/22/2025 - 04:02 Off bridge-builder-municipal-bond-fund funds-hero-3.jpg BRIDGE BUILDER MUNICIPAL BOND FUND BRIDGE BUILDER MUNICIPAL BOND FUND Off BBMUX | Bridge Builder Municipal Bond Fund Overview Objective The Bridge Builder Municipal Bond Fund aims to provide current income exempt from federal tax, with a secondary goal of preservation of investment principal. Strategy The Municipal Bond Fund invests at least 80% of its net assets in municipal securities of any maturity or duration whose interest is exempt from federal income tax. Municipal securities include debt obligations issued by or on behalf of a state or local entity or other qualifying issuer that pay interest that is generally excludable from gross income for federal income tax purposes. Interest may be includable in taxable income for investors subject to the federal alternative minimum tax. The Fund employs a multi-manager sub-advised structure. *Contractual fee waivers in effect through October 28, 2026. Investment Sub-advisers H3 BlackRock Investment Management, LLC Takes a top-down, bottom-up approach with a flexible investment framework. Their security selection process is based on the relative value outlook and the quantitative assessment of the security and portfolio. BlackRock seeks total return derived primarily from coupon interest, and secondarily, capital appreciation. FIAM LLC (FIAM) allocates assets across different market sectors and maturities, normally investing in investment-grade municipal securities. When selecting investments, FIAM analyzes issuer credit quality, security-specific features, current and potential future valuation, and short-term trading opportunities. MacKay Shields, LLC MacKay Municipal Managers is a fundamental relative-value bond management boutique that believes strong long-term performance can be achieved through an actively managed, research-driven, relative-value approach. Their investment strategy combines a macroeconomic view coupled with credit research driven security selection. In doing so, the investment process seeks to identify mispricings and opportunities for total return with an emphasis on risk management Robert W. Baird & Co., Inc. Utilizes a structured, risk-controlled philosophy with a disciplined duration approach to invest its allocated portion of the Fund’s assets. Off H3 H3 Info Icon Tiles (2 in a Row) Performance On Performance Disclaimer Historical Distributions On Fund Literature Access fund literature from the following links. Fact Sheet bb-download.png Summary Prospectus bb-download.png LEARN MORE LEARN MORE Footer top | BB Fund Disclaimer | MBF Bridgebuilder