The same core of talented managers on Baird Short-Term Bond, supported by a growing group of collaborators, has helmed this strategy capably for over 15 years. A disciplined investment process, supported by low fees, earns a Morningstar Analyst Rating of Gold for this strategy’s cheaper share class and Silver for its pricier option.
Baird Short-Term Bond Investor BSBSX
NAV / 1-Day Return
9.88
/
0.00
Total Assets
9.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.550%
Expense Ratio
0.550%
Fee Level
Average
Longest Manager Tenure
16.63
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
2,500
Status
Open
TTM Yield
1.38%
Effective Duration
1.94
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will BSBSX outperform in 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.
No-nonsense and sensible exposure to short-term bonds.
