Baird Funds, Inc: Baird Short-Term Municipal Bond Fund; Institutional Class Shares (BTMIX)
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3-year return above the benchmark
5-year return above the benchmark
No sales load or distribution fees
Low net assets
- BTMIX 3-year return is 2.67%, which is higher than the 3-year return of the benchmark index (Bloomberg Barclays Municipal 1-5 Yr TR USD), 2.25%.
- BTMIX 5-year return is 2.53%, which is higher than the 5-year return of the benchmark index (Bloomberg Barclays Municipal 1-5 Yr TR USD), 1.97%.
- Good news: this fund does not have 12b1, front-end or back-end sales fees.
- BTMIX net assets are $915.70 million. This fund is not a popular choice with retail investors.