Baird Strategic Municipal Bond Fund Investor (BSNSX)

Fund Assets	3.86B
Expense Ratio	0.57%
Min. Investment	$2,500
Turnover	21.00%
Dividend (ttm)	0.35
Dividend Yield	3.41%
Dividend Growth	2.25%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 27, 2026

Previous Close	10.20
YTD Return	0.58%
1-Year Return	0.97%
5-Year Return	9.55%
52-Week Low	9.89
52-Week High	10.53
Beta (5Y)	0.20
Holdings	2283
Inception Date	Nov 15, 2019

About BSNSX

Baird Strategic Municipal Bond Fund Investor is an open‑end municipal bond mutual fund focused on delivering a high level of current income that is exempt from federal income tax while emphasizing preservation of capital. The fund invests primarily in investment‑grade municipal obligations across a broad national opportunity set—spanning general obligation debt, essential‑service revenue bonds, transportation, healthcare, housing, and sales‑tax backed issues—and may allocate a portion to below‑investment‑grade bonds within defined limits to enhance income. Positioned in the Muni National Intermediate category, it targets a short‑to‑intermediate interest‑rate profile, with duration managed to moderate sensitivity to rate changes. The strategy is team‑managed and applies a valuation‑driven, sector‑diversified approach, seeking resilient credit characteristics and prudent risk controls. It serves as a core tax‑exempt fixed income holding for investors seeking federally tax‑advantaged income, broad state and sector diversification, and disciplined duration management within the municipal market. Morningstar categorizes it as “Muni National Interm,” reflecting its role in balancing income generation with interest‑rate and credit risk across the U.S. municipal landscape.

• Fund Family: Baird
• Category: Muni National Interm
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: BSNSX
• Share Class: Investor
• Index: Bloomberg Municipal Bond 1-10 Y Blend TR

Performance

BSNSX had a total return of 0.97% 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
BSNIX	Institutional	0.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 27, 2026	$0.02956	Oct 28, 2026
Sep 28, 2026	$0.02801	Sep 29, 2026
Aug 27, 2026	$0.02834	Aug 28, 2026
Jul 28, 2026	$0.03107	Jul 29, 2026
Jun 26, 2026	$0.02784	Jun 29, 2026
May 27, 2026	$0.03092	May 28, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 31, 2026

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