Baird Short-Term Municipal Bond Fund - Investor Class (BTMSX)
Baird Short-Term 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 $10.04, up 0.00% on the session, giving a market capitalisation of $2.37B. Its beta of 0.36 implies it has historically moved less than the broad market.
This fund generally dedicates at least 80% of its net assets to municipal bonds and debentures, aiming for income that is exempt from federal income tax, including the alternative minimum tax (AMT). It seeks a broadly diversified portfolio of these federally tax-exempt municipal obligations, which are issued by governmental authorities throughout the U.S. and its territories. The fund's investment universe covers all types of municipal obligations, such as pre-refunded bonds, general obligation bonds, revenue bonds, and municipal lease participations.
Baird Short-Term Municipal Bond Fund - Investor Class is most often compared with the following Financial Services names: