Baird Short-Term Bond Fund Institutional Class (BSBIX)
| Fund Assets | 12.56B |
| Expense Ratio | 0.30% |
| Min. Investment | $25,000 |
| Turnover | 119.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.23% |
| Dividend Growth | -5.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 9.47 |
| YTD Return | 0.61% |
| 1-Year Return | 3.27% |
| 5-Year Return | 12.58% |
| 52-Week Low | 9.47 |
| 52-Week High | 9.61 |
| Beta (5Y) | 0.06 |
| Holdings | 511 |
| Inception Date | Aug 31, 2004 |
About BSBIX
Baird Short-Term Bond Fund Institutional Class is an actively managed mutual fund focused on high-quality, short-duration fixed income. The fund seeks capital preservation and income by primarily investing in U.S. dollar–denominated, investment-grade securities, including U.S. Treasuries, agency and corporate bonds, as well as asset-backed and mortgage-backed instruments from domestic and select foreign issuers. Its mandate emphasizes investment-grade credit at purchase and maintains a limited interest rate sensitivity profile consistent with the short-term bond category. The portfolio typically centers on high-credit-quality exposure and diversified securitized holdings, complemented by U.S. government debt for liquidity and stability. With an established track record since 2004 and an institutional share class structure, the fund aims to provide a conservative core bond allocation for investors managing near- to intermediate-term rate risk while seeking steady income distribution. According to public fund disclosures, it invests at least 80% of assets in eligible short-term, investment-grade debt and pays distributions on a regular schedule, reflecting its income-oriented design.
Performance
BSBIX had a total return of 3.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.64%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BSBSX | Investor Class | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.03117 | Jun 29, 2026 |
| May 27, 2026 | $0.03398 | May 28, 2026 |
| Apr 27, 2026 | $0.02985 | Apr 28, 2026 |
| Mar 27, 2026 | $0.033 | Mar 30, 2026 |
| Feb 25, 2026 | $0.03371 | Feb 26, 2026 |
| Jan 28, 2026 | $0.0287 | Jan 29, 2026 |