BSBIX
Short-Term Bond Fund
inception date
8/31/2004
cusip
057071409
total fund aum (millions)
$13,062.70
As of 9/30/2026
gross/net expense ratio %
0.30/0.30
morningstar category
Short-Term Bond
What is the Baird Short-Term Bond Fund?
The Baird Short-Term Bond Fund normally invests at least 80% of its net assets in, U.S. dollar-denominated debt securities. These include debt issued by the U.S. government and other public sector entities, corporate debt from U.S. and foreign issuers and asset-backed and mortgage-backed securities from U.S. and foreign issuers. The debt securities must be rated investment-grade when purchased.
Performance
ALL DATA AS OF 9/30/2026
| 1 Month | 3 Month | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Short-Term Bond Fund | -0.63 | -0.15 | 0.80 | 1.93 | 4.83 | 2.52 | 2.42 | 2.71 |
| Bloomberg 1 - 3 Year U.S. Government/Credit Index | -0.58 | -0.18 | 0.59 | 1.75 | 4.33 | 2.07 | 1.98 | 2.30 |
Morningstar Ratings
MORNINGSTAR RATINGS BASED ON RISK ADJUSTED RETURNS AS OF 9/30/2026
| Category | Overall | 3 Year | 5 Year | 10 Year | |
|---|---|---|---|---|---|
| Short-Term Bond Fund | Short-Term Bond |
(522 funds)
|
(522 funds)
|
(493 funds)
|
(389 funds)
|
Distributions
Time Period
| Type | Record Date | Reinvest Date | Payable Date | Amount per Share ($) | Reinvest Price ($) |
|---|---|---|---|---|---|
| Income | 9/25/2026 | 9/28/2026 | 9/29/2026 | 0.03081924 | 9.35 |
| Income | 8/26/2026 | 8/27/2026 | 8/28/2026 | 0.03112146 | 9.46 |
| Income | 7/27/2026 | 7/28/2026 | 7/29/2026 | 0.03410893 | 9.45 |
| Income | 6/25/2026 | 6/26/2026 | 6/29/2026 | 0.03116575 | 9.48 |
| Income | 5/26/2026 | 5/27/2026 | 5/28/2026 | 0.03398376 | 9.48 |
| Income | 4/24/2026 | 4/27/2026 | 4/28/2026 | 0.02985227 | 9.51 |
| Income | 3/26/2026 | 3/27/2026 | 3/30/2026 | 0.03299608 | 9.48 |
| Income | 2/24/2026 | 2/25/2026 | 2/26/2026 | 0.03370684 | 9.57 |
| Income | 1/27/2026 | 1/28/2026 | 1/29/2026 | 0.02870150 | 9.56 |
| Income | 12/26/2025 | 12/29/2025 | 12/30/2025 | 0.04108630 | 9.57 |
| Income | 11/24/2025 | 11/25/2025 | 11/26/2025 | 0.03322780 | 9.58 |
| Income | 10/24/2025 | 10/27/2025 | 10/28/2025 | 0.03287180 | 9.58 |
| Income | 9/24/2025 | 9/25/2025 | 9/26/2025 | 0.03257480 | 9.55 |
| Income | 8/25/2025 | 8/26/2025 | 8/27/2025 | 0.03456643 | 9.55 |
| Income | 7/25/2025 | 7/28/2025 | 7/29/2025 | 0.03650055 | 9.52 |
| Income | 6/23/2025 | 6/24/2025 | 6/25/2025 | 0.03501262 | 9.52 |
| Income | 5/23/2025 | 5/27/2025 | 5/28/2025 | 0.03377342 | 9.50 |
| Income | 4/24/2025 | 4/25/2025 | 4/28/2025 | 0.03357148 | 9.51 |
| Income | 3/26/2025 | 3/27/2025 | 3/28/2025 | 0.03627168 | 9.50 |
| Income | 2/25/2025 | 2/26/2025 | 2/27/2025 | 0.03498068 | 9.50 |
| Income | 1/27/2025 | 1/28/2025 | 1/29/2025 | 0.03143792 | 9.48 |
Portfolio Characteristics
ALL DATA AS OF 9/30/2026
| Fund Information | Fund | Index |
|---|---|---|
| *30-Day SEC Yield (%) | 4.70 | N/A |
| **Portfolio Avg. Yield to Worst (%) | 5.31 | 4.98 |
| Effective Duration (Years) | 1.85 | 1.85 |
| Effective Maturity (Years) | 1.99 | 1.96 |
| Average Coupon (%) | 4.28 | 3.55 |
| Annual Turnover Rate (%) | 104.92 | N/A |
| Number of Holdings | 518 | 2,141 |
| Average Portfolio Quality | A+ | AA |
ALL DATA AS OF 9/30/2026
| Quality Profile | Fund | Index |
|---|---|---|
| U.S. Treasury | 33.2% | 72.6% |
| U.S. Agency | 0.0% | 1.1% |
| AAA | 11.6% | 3.0% |
| AA | 3.7% | 2.9% |
| A | 18.7% | 11.0% |
| BBB | 32.4% | 9.4% |
| Below BBB | 0.3% | 0.0% |
| Not Rated | 0.1% | 0.0% |
