Baird Short-Term Municipal Bond Instl (BTMIX)
| Fund Assets | 1.67B |
| Expense Ratio | 0.30% |
| Min. Investment | $25,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.25% |
| Dividend Growth | 8.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 28, 2025 |
| Previous Close | 10.11 |
| YTD Return | 2.72% |
| 1-Year Return | 3.51% |
| 5-Year Return | 8.04% |
| 52-Week Low | 9.86 |
| 52-Week High | 10.11 |
| Beta (5Y) | 0.10 |
| Holdings | 1364 |
| Inception Date | Aug 31, 2015 |
About BTMIX
BTMIX was founded on 2015-08-31. The Fund's investment strategy focuses on Short Muni Debt with 0.3% total expense ratio. The minimum amount to invest in Baird Funds, Inc: Baird Short-Term Municipal Bond Fund; Institutional Class Shares is $25,000 on a standard taxable account. Baird Funds, Inc: Baird Short-Term Municipal Bond Fund; Institutional Class Shares seeks current income that is exempt from federal income tax and is consistent with the preservation of capital. BTMIX 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).
Performance
BTMIX had a total return of 3.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.98%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BTMSX | Investor Class | 0.55% |
Top 10 Holdings
5.55% of assets| Name | Symbol | Weight |
|---|---|---|
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV 2.2% | TX.TAREDU 11.15.2050 | 0.80% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 2.9% | MO.MOSMED 06.01.2036 | 0.62% |
| GAINESVILLE & HALL CNTY GA DEV AUTH REV 2.9% | GA.GAIDEV 11.15.2033 | 0.61% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5% | TX.HAREDU 05.15.2050 | 0.57% |
| VAN WERT CNTY OHIO HOSP FACS REV 6.13% | OH.VNWMED 6.12 12.01.2049 | 0.54% |
| TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5% | TX.TXSTRN 08.15.2042 | 0.51% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | TX.TMGUTL 01.01.2054 | 0.49% |
| COLORADO HSG & FIN AUTH 3.25% | CO.COSHSG 3.25 10.01.2028 | 0.48% |
| SEATTLE WASH MUN LT & PWR REV 2.54% | WA.SEAPWR 05.01.2045 | 0.47% |
| TEXAS ST TPK AUTH CENT TEX TPK SYS REV 0% | TX.TXSTRN 0 08.15.2026 | 0.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 28, 2025 | $0.0279 | Jul 29, 2025 |
| Jun 24, 2025 | $0.02767 | Jun 25, 2025 |
| May 27, 2025 | $0.02688 | May 28, 2025 |
| Apr 25, 2025 | $0.02588 | Apr 28, 2025 |
| Mar 27, 2025 | $0.02832 | Mar 28, 2025 |
| Feb 26, 2025 | $0.03087 | Feb 27, 2025 |