Baird Strategic Municipal Bond Fund Investor (BSNSX)
10.14
-0.02
(-0.20%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.55% | 3.851B | -- | 21.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.309B | 1.01% |
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:
15
-52.96M
Peer Group Low
312.22M
Peer Group High
1 Year
% Rank:
4
1.309B
-850.24M
Peer Group Low
3.194B
Peer Group High
3 Months
% Rank:
8
-175.13M
Peer Group Low
809.59M
Peer Group High
3 Years
% Rank:
2
-2.219B
Peer Group Low
2.950B
Peer Group High
6 Months
% Rank:
7
-794.42M
Peer Group Low
1.417B
Peer Group High
5 Years
% Rank:
4
-4.757B
Peer Group Low
4.928B
Peer Group High
YTD
% Rank:
7
-758.79M
Peer Group Low
2.074B
Peer Group High
10 Years
% Rank:
--
-6.227B
Peer Group Low
9.563B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | -0.02% |
| Stock | 0.00% |
| Bond | 99.40% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.62% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 4.0 05/31/2028 FIX USD Government | 1.85% | 98.95 | -0.03% |
| United States of America USGB 4.25 06/30/2033 FIX USD Government | 1.35% | 96.24 | -0.11% |
| United States of America USGB 4.125 06/30/2031 FIX USD Government | 1.02% | 97.03 | -0.08% |
|
OTHER ASSETS LESS LIABILITIES
|
0.93% | -- | -- |
| Federated Hermes Inst Tax-Free Csh Tr Prmr | 0.48% | 1.00 | 0.00% |
| CALIFORNIA MUN FIN AUTH REV CA 5.000 06/30/2032 | 0.39% | 105.52 | -0.11% |
| PUBLIC FIN AUTH WIS REV WI 4.000 01/01/2055 | 0.37% | 90.03 | -0.64% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV NY 5.000 11/01/2036 | 0.35% | 102.80 | -0.09% |
| MOBILE ALA AL 5.000 02/15/2040 | 0.33% | 103.31 | -0.27% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 11/01/2035 | 0.30% | 99.91 | -0.21% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.25% |
| Administration Fee | 75251.00 None |
| 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 | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
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 (9-15-26) | 3.42% |
| 30-Day SEC Yield (6-30-25) | 3.47% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (7-31-26) | 3.98% |
| Effective Duration | 4.36 |
| Average Coupon | 4.73% |
| Calculated Average Quality | 2.444 |
| Effective Maturity | 9.755 |
| Nominal Maturity | 12.42 |
| Number of Bond Holdings | 8 |
As of July 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 11/15/2019 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 5/1/2026 |
| Share Classes | |
| BSNIX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| 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:BSNSX", "name") |
| Broad Asset Class: =YCI("M:BSNSX", "broad_asset_class") |
| Broad Category: =YCI("M:BSNSX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BSNSX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |