Baird Strategic Municipal Bond Fund Investor Class (BSNSX)
Baird Strategic Municipal Bond Fund Investor Class operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $10.33, up 0.00% on the session, giving a market capitalisation of $3.71B. Its beta of 1.19 implies it has historically moved more than the broad market.
This fund typically allocates a minimum of 80% of its total assets to municipal bonds and other debt instruments, which generate income that is exempt from federal income tax, including the federal Alternative Minimum Tax (AMT). The portfolio's primary focus is on municipal debt securities that hold an investment-grade rating from at least one major credit agency at the time of purchase. Nonetheless, the fund retains the flexibility to dedicate up to 30% of its net assets to municipal obligations considered below investment grade, often referred to as "high yield" or "junk" bonds.
Baird Strategic Municipal Bond Fund Investor Class is most often compared with the following Financial Services names: