BBMHX Performance — Bridge Builder Municipal High-Income Bond Fund
Data updated: 2026-09-11
BBMHX returned +3.91% year to date and +9.31% over one year to Jun 2026. The annualised 3-year return is +5.86%. The fund beat its Long-Term Municipal Bond category average: $100 invested three years ago grew to $119, against $112 for the category, and to $109 over one year, against $108. Volatility over the past three years was 6.15% a year. In the 12 months to Jun 2026 the fund took in a net $2.0B, and assets reached $6.43B.
BBMHX Growth of $100
What $100 invested in Bridge Builder Municipal High-Income Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | BBMHX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $109 | $108 |
| 3 years (Jul 2023 – Jun 2026) | $119 | $112 |
| Since data start (Apr 2023 – Jun 2026) | $119 | $113 |
BBMHX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.91% |
| 1 year | +9.31% |
| 3 years (annualised) | +5.86% |
BBMHX Annual Returns
Calendar-year total returns of Bridge Builder Municipal High-Income Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +3.91% |
| 2025 | +4.30% |
| 2024 | +5.66% |
| 2023 (Apr–Dec) | +3.61% |
BBMHX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +1.7% | −1.9% | +1.4% | +0.8% | +1.2% | — | — | — | — | — | — |
| 2025 | +0.6% | +1.1% | −1.8% | −1.4% | −0.2% | +0.8% | −0.8% | +0.8% | +3.3% | +1.3% | +0.4% | +0.1% |
| 2024 | +0.5% | +0.6% | +0.7% | −1.1% | +0.6% | +2.1% | +1.1% | +0.9% | +1.4% | −1.3% | +1.5% | −1.3% |
| 2023 | — | — | — | −0.6% | −0.3% | +1.0% | +0.4% | −1.0% | −3.2% | −1.9% | +6.8% | +2.9% |
BBMHX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.15%
- 3-year Sharpe ratio: 0.22 (vs 4.5% risk-free rate)
- Best month: +6.83% (Nov 2023)
- Worst month: −3.21% (Sep 2023)
BBMHX Fund Flows
Monthly money in and out of Bridge Builder Municipal High-Income Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $2.0B
- 12-month gross sales (incl. reinvestments): $3.0B
- Sales ÷ redemptions: 2.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $202.3M | $95.4M | $106.9M |
| May 2026 | $192.7M | $67.8M | $124.9M |
| Apr 2026 | $223.3M | $254.4M | −$31.1M |
| Mar 2026 | $201.5M | $87.3M | $114.2M |
| Feb 2026 | $214.7M | $50.1M | $164.6M |
| Jan 2026 | $197.2M | $49.1M | $148.2M |
| Dec 2025 | $196.7M | $48.1M | $148.7M |
| Nov 2025 | $153.7M | $49.5M | $104.2M |
| Oct 2025 | $197.6M | $51.3M | $146.3M |
| Sep 2025 | $157.1M | $49.2M | $108.0M |
| Aug 2025 | $168.9M | $56.6M | $112.3M |
| Jul 2025 | $919.7M | $191.8M | $728.0M |
BBMHX Assets Under Management
Net assets of Bridge Builder Municipal High-Income Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $6.43B |
| 2026-03-31 | $6.10B |
| 2025-12-31 | $5.71B |
| 2025-09-30 | $5.28B |
| 2025-06-30 | $4.22B |
| 2025-03-31 | $4.03B |
| 2024-12-31 | $3.70B |
| 2024-09-30 | $3.39B |
| 2024-06-30 | $3.15B |
| 2024-03-31 | $2.83B |
| 2023-12-31 | $2.61B |
| 2023-09-30 | $2.36B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.