Baird Strategic Municipal Bond Fund Institutional (BSNIX)
10.46
0.00 (0.00%)
USD |
Jan 16 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.30% | 3.185B | -- | 34.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.420B | 5.99% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income that is exempt from federal income tax and is consistent with the preservation of capital. The Fund invests in investment grade municipal obligations, rated at time of purchase by at least one major rating agency, but may invest in non-investment grade municipal obligations. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Medium Term |
| Peer Group | Short-Intmdt Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short-Intmdt Municipal Debt Funds |
| Fund Owner Firm Name | Baird |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
6
-28.96M
Peer Group Low
299.00M
Peer Group High
1 Year
% Rank:
6
1.420B
-481.99M
Peer Group Low
1.961B
Peer Group High
3 Months
% Rank:
5
-93.57M
Peer Group Low
783.84M
Peer Group High
3 Years
% Rank:
2
-2.583B
Peer Group Low
2.400B
Peer Group High
6 Months
% Rank:
5
-110.82M
Peer Group Low
1.375B
Peer Group High
5 Years
% Rank:
3
-3.732B
Peer Group Low
5.708B
Peer Group High
YTD
% Rank:
--
--
Peer Group Low
--
Peer Group High
10 Years
% Rank:
6
-5.729B
Peer Group Low
8.569B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 17, 2026.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | -0.00% |
| Stock | 0.00% |
| Bond | 100.6% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.57% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| GREATER FALL RIVER MASS VOCATIONAL SCH DIST MA 5.000 06/01/2055 | 0.46% | -- | -- |
| GREATER FALL RIVER MASS VOCATIONAL SCH DIST MA 5.000 06/01/2055 | 0.46% | -- | -- |
| GREATER FALL RIVER MASS VOCATIONAL SCH DIST MA 5.000 06/01/2055 | 0.46% | -- | -- |
| GREATER FALL RIVER MASS VOCATIONAL SCH DIST MA 5.000 06/01/2055 | 0.46% | -- | -- |
| MOBILE ALA AL 5.000 02/15/2040 | 0.45% | -- | -- |
| MOBILE ALA AL 5.000 02/15/2040 | 0.45% | -- | -- |
| MOBILE ALA AL 5.000 02/15/2040 | 0.45% | -- | -- |
| MOBILE ALA AL 5.000 02/15/2040 | 0.45% | -- | -- |
| PUBLIC FIN AUTH WIS REV WI 4.000 01/01/2055 | 0.43% | -- | -- |
| PUBLIC FIN AUTH WIS REV WI 4.000 01/01/2055 | 0.43% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.25% |
| Administration Fee | 592.8K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 10000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income that is exempt from federal income tax and is consistent with the preservation of capital. The Fund invests in investment grade municipal obligations, rated at time of purchase by at least one major rating agency, but may invest in non-investment grade municipal obligations. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Medium Term |
| Peer Group | Short-Intmdt Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short-Intmdt Municipal Debt Funds |
| Fund Owner Firm Name | Baird |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (1-15-26) | 3.53% |
| 30-Day SEC Yield (6-30-25) | 3.72% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 7708 |
| Bond | |
| Yield to Maturity (11-30-25) | 3.64% |
| Effective Duration | 5.06 |
| Average Coupon | 4.70% |
| Calculated Average Quality | 2.441 |
| Effective Maturity | 11.00 |
| Nominal Maturity | 13.74 |
| Number of Bond Holdings | 7696 |
As of November 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 11/15/2019 |
| Share Classes | |
| BSNSX | Inv |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:BSNIX", "name") |
| Broad Asset Class: =YCI("M:BSNIX", "broad_asset_class") |
| Broad Category: =YCI("M:BSNIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BSNIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |