Baird Short-Term Municipal Bond Investor (BTMSX)
| Fund Assets | 1.83B |
| Expense Ratio | 0.55% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.01% |
| Dividend Growth | 8.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 28, 2025 |
| Previous Close | 10.09 |
| YTD Return | 2.62% |
| 1-Year Return | 3.20% |
| 5-Year Return | 6.75% |
| 52-Week Low | 9.84 |
| 52-Week High | 10.09 |
| Beta (5Y) | 0.42 |
| Holdings | 1364 |
| Inception Date | Aug 31, 2015 |
About BTMSX
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 in a broadly diversified portfolio of federally tax-exempt municipal obligations issued by governmental authorities throughout the U.S. and its territories. The fund may invest in all types of municipal obligations, including pre-refunded bonds, general obligation bonds, revenue bonds, and municipal lease participations.
Performance
BTMSX had a total return of 3.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.72%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BTMIX | Institutional Class | 0.30% |
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 | $0.02573 | Jul 29, 2025 |
| Jun 24, 2025 | $0.02557 | Jun 25, 2025 |
| May 27, 2025 | $0.02491 | May 28, 2025 |
| Apr 25, 2025 | $0.02388 | Apr 28, 2025 |
| Mar 27, 2025 | $0.02634 | Mar 28, 2025 |
| Feb 26, 2025 | $0.02859 | Feb 27, 2025 |