Baird Strategic Municipal Bond Fund Institutional (BSNIX)
| Fund Assets | 629.42M |
| Expense Ratio | 0.30% |
| Min. Investment | $25,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.61% |
| Dividend Growth | 4.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 25, 2025 |
| Previous Close | 10.10 |
| YTD Return | -0.36% |
| 1-Year Return | 2.92% |
| 5-Year Return | 14.07% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 1418 |
| Inception Date | Nov 15, 2019 |
About BSNIX
BSNIX was founded on 2019-11-15. The Fund's investment strategy focuses on Sh-Intmdt Muni. The minimum amount to invest in Baird Funds, Inc: Baird Strategic Municipal Bond Fund; Institutional Class Shares is $25,000 on a standard taxable account. Baird Funds, Inc: Baird Strategic Municipal Bond Fund; Institutional Class Shares seeks a high level of current income that is exempt from federal income tax and is consistent with the preservation of capital. BSNIX 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.
Performance
BSNIX had a total return of 2.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.80%.
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
5.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Hermes Institutional Tax-Free Cash Trust | FTFXX | 1.40% |
| LOS ANGELES CALIF DEPT ARPTS REV | CA LOSAPT 5 05.15.2028 | 0.57% |
| WALLKILL N Y 4.75% | NY WKL 4.75 07.24.2025 | 0.55% |
| CASS CNTY N D JT WTR RES DIST 3.45% | ND CASWTR 3.45 04.01.2027 | 0.54% |
| FORT BEND TEX INDPT SCH DIST 4% | TX FORSCD 08.01.2054 | 0.50% |
| OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% | OK OKSTRN 5.5 01.01.2053 | 0.46% |
| LOS ANGELES CALIF UNI SCH DIST 5.25% | CA LOSSCD 5.25 07.01.2042 | 0.43% |
| MET GOVT NASHVILLE & DAVIDSON CNTY TENN H & E FACS BRD REV 5% | TN METHGR 5 07.01.2035 | 0.40% |
| CHICAGO ILL O HARE INTL ARPT REV 5% | IL CHITRN 5 01.01.2030 | 0.40% |
| ROSEMONT ILL 5% | IL ROS 5 12.01.2042 | 0.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 25, 2025 | $0.02791 | Apr 28, 2025 |
| Mar 27, 2025 | $0.03111 | Mar 28, 2025 |
| Feb 26, 2025 | $0.03447 | Feb 27, 2025 |
| Jan 28, 2025 | $0.02707 | Jan 29, 2025 |
| Dec 27, 2024 | $0.02775 | Dec 30, 2024 |
| Nov 27, 2024 | $0.03261 | Nov 29, 2024 |