Baird Strategic Municipal Bond Fund Institutional (BSNIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.27
-0.01 (-0.10%)
Oct 25, 2024, 4:00 PM EDT
5.66% (1Y)
| Fund Assets | 1.43B |
| Expense Ratio | 0.30% |
| Min. Investment | $25,000 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.52% |
| Dividend Growth | 12.70% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 25, 2024 |
| Previous Close | 10.28 |
| YTD Return | 2.76% |
| 1-Year Return | 9.45% |
| 5-Year Return | n/a |
| 52-Week Low | 9.71 |
| 52-Week High | 10.42 |
| Beta (5Y) | n/a |
| Holdings | 1236 |
| Inception Date | Nov 15, 2019 |
About BSNIX
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 (AMT)). It invests principally in investment grade municipal obligations, rated at the time of purchase by at least one major rating agency, but may invest up to 30% of its net assets in non-investment grade municipal obligations (sometimes referred to as "high yield" or "junk" bonds).
Fund Family Baird
Category Muni National Interm
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol BSNIX
Index Bloomberg Municipal Bond 1-10 Y Blend TR
Performance
BSNIX had a total return of 9.45% in the past year. Since the fund's inception, the average annual return has been 3.07%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BSNSX | Investor | 0.55% |
Top 10 Holdings
5.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Hermes Instl T-F Cash Premier | FTFXX | 1.13% |
| WALLKILL N Y 4.75% | NY WKL 4.75 07.24.2025 | 0.71% |
| CASS CNTY N D JT WTR RES DIST 3.45% | ND CASWTR 3.45 04.01.2027 | 0.71% |
| FORT BEND TEX INDPT SCH DIST 4% | TX FORSCD 08.01.2054 | 0.65% |
| ROSEMONT ILL 5% | IL ROS 5 12.01.2042 | 0.52% |
| NEW JERSEY ST TPK AUTH TPK REV 5% | NJ NJSTRN 5 01.01.2028 | 0.45% |
| NORTH DAKOTA PUB FIN AUTH 5% | ND NDSFIN 5 06.01.2040 | 0.45% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 5.25% | AL SEEPWR 01.01.2054 | 0.43% |
| PUBLIC FIN AUTH WIS LEASE DEV REV 5% | WI PUBFIN 5 03.01.2033 | 0.43% |
| UTAH HSG CORP 4.5% | UT UTSHSG 4.5 10.21.2052 | 0.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 25, 2024 | $0.03142 | Oct 28, 2024 |
| Sep 24, 2024 | $0.03024 | Sep 25, 2024 |
| Aug 26, 2024 | $0.02955 | Aug 27, 2024 |
| Jul 25, 2024 | $0.03009 | Jul 26, 2024 |
| Jun 25, 2024 | $0.03043 | Jun 26, 2024 |
| May 28, 2024 | $0.03086 | May 29, 2024 |