How AI is applied across API Evangelist and APIs.io. Read my AI disclosure →
API Evangelist API Evangelist
Discovery
Learnings
Guidance
Toolbox
Alignment
API Evangelist LLC

Bridge Builder Municipal High-Income Bond Fund

calendar_today January 22, 2025 person dudkela.dastagiri domain edward-jones

Bridge Builder Municipal High-Income Bond Fund dudkela.dastagiri Wed, 01/22/2025 - 04:02 Off bridge-builder-municipal-high-income-bond-fund funds-hero-3.jpg BRIDGE BUILDER MUNICIPAL HIGH-INCOME BOND FUND BRIDGE BUILDER MUNICIPAL HIGH-INCOME BOND FUND Off BBMHX | Bridge Builder Municipal High-Income Bond Fund Overview Objective The Bridge Builder Municipal High-Income Bond Fund aims to provide current income exempt from federal tax. Strategy The Bridge Builder Municipal High-Income Bond Fund invests at least 80% of its net assets in municipal securities of any maturity or duration whose interest is generally exempt from federal income tax. Further, the fund invests at least 50% of its assets in municipal securities rated Baa1/BBB+ or lower, including unrated securities that a sub-adviser of the Fund believes are of comparable quality. Municipal securities include debt obligations issued by or on behalf of a state or local entity or other qualifying issuer. 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 T. Rowe Price Associates, Inc. Uses an active investment management approach that emphasizes the value of in-depth fundamental credit research, diversification and risk management practices. By using fundamental research, T. Rowe Price seeks to add value through sector weights and issue selection over a full market cycle. Capital International, Inc. Utilizing a system of multiple portfolio managers in managing its allocated portion of the Fund’s assets, seeks to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. 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 | MHIBF Bridgebuilder

open_in_new Read original post