BTMSX:NASDAQ
Baird Short-Term Municipal Bond Fund Investor Class – BTMSX Fund Overview
| Last Price | Today's Change | 52-Week Range | Trading Volume |
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| 10.09 | 0.00 (0.00%) | 9.84 - 10.09 | -- |
Market data as of 12:00AM 08/14/25. Quotes are delayed by at least 15 min.
Overview - BTMSX
The investment seeks current income that is exempt from federal income tax and is consistent with the preservation of capital.
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.
Growth of $10,000 (10 Years)
| Total Return | 1.78% |
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| Yield (Trailing 12 Mo.) | 3.00% |
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| Expense Ratio | 0.55% |
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| Front Load | None |
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| Deferred Load | None |
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| Minimum Investment | $2,500 |
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| Management Tenure | 10 Years |
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| Fund Inception | 08/31/2015 |
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Trailing Total Returns - BTMSX
as of 07/31/2025
| Timeframe | BTMSX | S&P 500 | Muni National Short |
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| 1 Month | 0.56% | 2.24% | 0.41% |
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| 3 Month | 1.78% | 14.21% | 1.42% |
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| Year-to-Date | 2.61% | 8.59% | 2.10% |
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| 1 Year | 3.88% | 16.33% | 3.18% |
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| 3 Year | 2.81% | 17.10% | 2.61% |
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| 5 Year | 1.30% | 15.88% | 1.32% |
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| 10 Year | -- | 13.66% | 1.44% |
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| Since Inception | 1.78% | 11.16% | -- |
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Sector Allocation - BTMSX
as of 07/31/2025
| Basic Materials | | -- |
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| Consumer Cyclical | | -- |
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| Financial Services | | -- |
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| Real Estate | | -- |
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| Consumer Defensive | | -- |
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| Healthcare | | -- |
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| Utilities | | -- |
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| Communication Services | | -- |
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| Energy | | -- |
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| Industrials | | -- |
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| Technology | | -- |
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Asset Allocation - BTMSX
as of 07/31/2025
| By Percent | Short | 0% | Long | Net |
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| Stock | 0.00 | | | 0.00 | 0.00 |
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| Bond | 0.00 | | | 99.61 | 99.61 |
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| Other | 0.00 | | | 0.00 | 0.00 |
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| Foreign Stock | 0.00 | | | 0.00 | 0.00 |
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| Foreign Bond | 0.00 | | | 0.03 | 0.03 |
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| Total | 0.00 | | | 99.64 | 99.64 |
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| Cash | 0.11 | | | 0.47 | 0.36 |
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| Total Net Assets | $1.83B |
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| Total Stock Holdings | 0 |
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| Total Bond Holdings | 1346 |
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Bond Credit Quality - BTMSX
as of 07/31/2025
| AAA | | 12.50% |
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| AA | | 54.60% |
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| A | | 16.20% |
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| BBB | | 10.30% |
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| BB | | 1.00% |
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| B | | 0.00% |
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| Below B | | 0.00% |
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| Not Rated | | 5.40% |
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Top Ten Holdings - BTMSX
as of 07/31/2025
| Company | YTD Return | % of Assets |
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| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV 2.2% | -- | 0.80% |
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| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 2.9% | -- | 0.62% |
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| GAINESVILLE & HALL CNTY GA DEV AUTH REV 2.9% | -- | 0.61% |
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| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5% | -- | 0.57% |
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| VAN WERT CNTY OHIO HOSP FACS REV 6.13% | -- | 0.54% |
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| TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5% | -- | 0.51% |
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| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | -- | 0.49% |
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| COLORADO HSG & FIN AUTH 3.25% | -- | 0.48% |
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| SEATTLE WASH MUN LT & PWR REV 2.54% | -- | 0.47% |
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| TEXAS ST TPK AUTH CENT TEX TPK SYS REV 0% | -- | 0.47% |
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Valuation & Growth - BTMSX
as of 07/31/2025
| Valuation | BTMSX | Category Range |
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| Price/Earnings | -- | |
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| Price/Book | -- | |
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| Price/Sales | -- | |
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| Price/Cash Flow | -- | |
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| Dividend Yield | | |
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| LT Earnings | | |
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| Historical Earnings | | |
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| Sales Growth | | |
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| Cash-Flow Growth | | |
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| Book-Value Growth | | |
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