Morningstar

Baird Short-Term Bond Fund Investor Class BSBSX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Baird Investment Hub
  • NAV / 1-Day Return$9.39  /  −0.11%
  • Fund Size$13.3B
  • Adjusted Expense Ratio0.550%
  • Net Expense Ratio0.550%
  • Fee Level: DistributionAverage
  • Share Class TypeNo Load
  • Morningstar CategoryShort-Term Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield3.95%
  • Average Effective Duration1.85 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis BSBSX

Will BSBSX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BSBSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BSBSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BSBSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Consistent and excellent.

Director Alec Lucas

Alec Lucas

Director

Summary

Strong execution and a process whose incremental advantages add up make Baird Short-Term Bond a top choice in the short-term bond Morningstar Category.

by Alec Lucas
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BSBSX

More BSBSX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings31.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.63%

12.612B
Government

United States Treasury Notes 3.5%

6.79898M
Government

First American Government Obligs U

4.66616M
Cash and Equivalents

United States Treasury Notes 3.5%

4.25562M
Government

United States Treasury Notes 3.88%

2.90383M
Government

United States Treasury Notes 3.5%

2.52333M
Government

United States Treasury Notes 4.13%

0.83110M
Government

Fidelity Inv MM Government Instl

0.83110M
Cash and Equivalents

Regions Bank of Alabama 4.76%

0.4660M
Corporate

Mizuho Financial Group Inc. 4.78%

0.4560M
Corporate

Sponsor Center

Site Index
United States Flag United States

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.