Baird Strategic Municipal Bond Fund Institutional Class (BSNIX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BSNIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BSNIX
BSNIX charges 0.30% annually. There are 66 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset Managed Municipals Fund Inc | 0.01% | — | Jun 1992 | BSNIX vs MMU | |
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | BSNIX vs LSMSX | |
| Eaton Vance Municipal Bond Fund | 0.01% | — | Dec 1993 | BSNIX vs EIM | |
| NYLI MacKay DefinedTerm Muni Opportunities Fund | 0.03% | — | Jun 2012 | BSNIX vs MMD | |
| Nuveen Select Maturities Municipal Fund | 0.03% | — | Sep 1992 | BSNIX vs NIM |
Best Risk-Adjusted Alternatives to BSNIX
BSNIX has a PortfoliosLab risk / return rank of 79. There are 79 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | BSNIX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | BSNIX vs ATOIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | BSNIX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | BSNIX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | BSNIX vs DFSMX |
Top Performing BSNIX Alternatives (YTD)
BSNIX is at 1.36% YTD. There are 315 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 15.87%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 15.87% | — | Jan 1993 | BSNIX vs NMT | |
| Nuveen Municipal Income Fund, Inc. | 13.22% | — | Apr 1998 | BSNIX vs NMI | |
| RiverNorth Opportunistic Municipal Income Fund | 11.00% | — | — | BSNIX vs RMI | |
| RiverNorth Flexible Municipal Income Fund II Inc. | 10.29% | — | — | BSNIX vs RFMZ | |
| Nuveen New York AMT Free Quality Municipal Income | 9.70% | — | Nov 2002 | BSNIX vs NRK |
Lowest Volatility Alternatives to BSNIX
BSNIX has 1.63% 1-year volatility. There are 63 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | BSNIX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | BSNIX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BSNIX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | BSNIX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | BSNIX vs DFSMX |
Lowest Drawdown Alternatives to BSNIX
BSNIX has a 1-year max drawdown of -2.09%. There are 84 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | BSNIX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BSNIX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | BSNIX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BSNIX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BSNIX vs FHMIX |
Other Mutual Funds from Baird
The 10 most viewed Baird mutual funds shown here include BCOIX, BAGIX, BIMIX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 26 | 0.44% | — | Sep 2000 | BSNIX vs BCOIX | |
| Baird Aggregate Bond Fund Class I | Total Bond Market | 22 | 0.32% | — | Sep 2000 | BSNIX vs BAGIX | |
| Baird Intermediate Bond Fund Class Institutional | Intermediate Core Bond | 24 | -0.15% | — | Sep 2000 | BSNIX vs BIMIX | |
| Baird Core Plus Bond Fund | Intermediate Core-Plus Bond | 23 | 0.32% | — | Sep 2000 | BSNIX vs BCOSX | |
| Baird Strategic Municipal Bond Fund | Municipal Bonds | 86 | 1.68% | — | Nov 2019 | BSNIX vs BSNSX | |
| Baird Aggregate Bond Fund | Intermediate Core Bond | 19 | 0.21% | — | Sep 2000 | BSNIX vs BAGSX | |
| Baird Short-Term Bond Fund Institutional Class | Short-Term Bond | 91 | 0.73% | — | Aug 2004 | BSNIX vs BSBIX | |
| Baird Intermediate Bond Fund | Intermediate Core Bond | 27 | -0.01% | — | Sep 2000 | BSNIX vs BIMSX | |
| Baird Ultra Short Bond Fund | Ultrashort Bond | 100 | 1.61% | — | Dec 2013 | BSNIX vs BUBSX | |
| Baird Ultra Short Bond Fund Institutional Class | Ultrashort Bond | 100 | 1.37% | — | Dec 2013 | BSNIX vs BUBIX |
Often Compared With BSNIX
Investors most often compare BSNIX with GUIRX, NAZ, NMS. These 19 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare BSNIX with Any Fund or Stock
Compare BSNIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BSNIX with funds that move differently
Baird Strategic Municipal Bond Fund Institutional Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BSNIX.
Explore BSNIX Diversifiers