Baird Short-Term Municipal Bond Investor (BTMSX)
| Fund Assets | 1.92B |
| Expense Ratio | 0.55% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.02% |
| Dividend Growth | 6.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 25, 2025 |
| Previous Close | 10.11 |
| YTD Return | 2.83% |
| 1-Year Return | 3.14% |
| 5-Year Return | 6.94% |
| 52-Week Low | 9.84 |
| 52-Week High | 10.16 |
| Beta (5Y) | 0.40 |
| Holdings | 1452 |
| 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 3.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.71%.
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
5.05% of assets| Name | Symbol | Weight |
|---|---|---|
| GAINESVILLE & HALL CNTY GA DEV AUTH REV 3.65% | GA.GAIDEV 11.15.2033 | 0.59% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5% | TX.HAREDU 05.15.2050 | 0.57% |
| Public Fin Auth 4% | WI.PUBGEN 01.01.2055 | 0.55% |
| VAN WERT CNTY OHIO HOSP FACS REV 6.13% | OH.VNWMED 6.12 12.01.2049 | 0.52% |
| TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5% | TX.TXSTRN 08.15.2042 | 0.50% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | TX.TMGUTL 01.01.2054 | 0.48% |
| COLORADO HSG & FIN AUTH 3.25% | CO.COSHSG 3.25 10.01.2028 | 0.46% |
| SEATTLE WASH MUN LT & PWR REV 3.14% | WA.SEAPWR 05.01.2045 | 0.46% |
| TEXAS ST TPK AUTH CENT TEX TPK SYS REV 0% | TX.TXSTRN 0 08.15.2026 | 0.46% |
| MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 0% | MA.MASTRN 0 07.01.2030 | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2025 | $0.02486 | Sep 26, 2025 |
| Aug 26, 2025 | $0.0253 | Aug 27, 2025 |
| 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 |