Baird Short-Term Municipal Bond Fund Investor (BTMSX)
10.09
0.00 (0.00%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.55% | 1.996B | -- | 42.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 461.10M | 3.69% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks current income that is exempt from federal income tax and is consistent with the preservation of capital. The Fund normally invests at least 80% of its net assets in municipal bonds and debentures, the income from which is exempt from federal income tax (including the federal alternative minimum tax). |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short 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:
4
-56.13M
Peer Group Low
377.89M
Peer Group High
1 Year
% Rank:
5
461.10M
-417.30M
Peer Group Low
2.524B
Peer Group High
3 Months
% Rank:
14
-125.57M
Peer Group Low
1.137B
Peer Group High
3 Years
% Rank:
35
-4.573B
Peer Group Low
2.656B
Peer Group High
6 Months
% Rank:
4
-243.32M
Peer Group Low
1.714B
Peer Group High
5 Years
% Rank:
11
-5.797B
Peer Group Low
4.370B
Peer Group High
YTD
% Rank:
4
-405.63M
Peer Group Low
2.372B
Peer Group High
10 Years
% Rank:
6
-4.876B
Peer Group Low
5.354B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | -0.00% |
| Stock | 0.00% |
| Bond | 99.49% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.51% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 5.000 05/15/2050 | 0.57% | -- | -- |
| PUBLIC FIN AUTH WIS REV WI 4.000 01/01/2055 | 0.55% | -- | -- |
| VAN WERT CNTY OHIO HOSP FACS REV OH 6.125 12/01/2049 | 0.51% | -- | -- |
|
OTHER ASSETS LESS LIABILITIES
|
0.51% | -- | -- |
| TEXAS TRANSN COMMN CENT TEX TPK SYS REV TX 5.000 08/15/2042 | 0.49% | 107.98 | -0.01% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV TX 5.500 01/01/2054 | 0.47% | 106.97 | -0.01% |
| SEATTLE WASH MUN LT & PWR REV WA 3.040 05/01/2045 | 0.47% | 99.27 | 0.00% |
| COLORADO HSG & FIN AUTH CO 3.250 10/01/2028 | 0.46% | -- | -- |
| TEXAS ST TPK AUTH CENT TEX TPK SYS REV TX 0.000 08/15/2026 | 0.46% | 98.10 | 0.02% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 5.000 05/01/2053 | 0.45% | 103.77 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.25% |
| Administration Fee | 37.32K% |
| 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 |
Basic Info
| Investment Strategy | |
| The Fund seeks current income that is exempt from federal income tax and is consistent with the preservation of capital. The Fund normally invests at least 80% of its net assets in municipal bonds and debentures, the income from which is exempt from federal income tax (including the federal alternative minimum tax). |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Baird |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 3.01% |
| 30-Day SEC Yield (10-31-25) | 2.83% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1455 |
| Bond | |
| Yield to Maturity (10-31-25) | 3.33% |
| Effective Duration | 2.40 |
| Average Coupon | 4.57% |
| Calculated Average Quality | 2.458 |
| Effective Maturity | 9.521 |
| Nominal Maturity | 10.65 |
| Number of Bond Holdings | 1452 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 8/31/2015 |
| Last Annual Report Date | 12/31/2024 |
| Last Prospectus Date | 5/1/2025 |
| Share Classes | |
| BTMIX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication 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:BTMSX", "name") |
| Broad Asset Class: =YCI("M:BTMSX", "broad_asset_class") |
| Broad Category: =YCI("M:BTMSX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BTMSX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |