PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Baird Strategic Municipal Bond Fund (BSNSX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US0570715245

CUSIP

057071524

Issuer

Baird

Inception Date

Nov 14, 2019

Min. Investment

$2,500

Asset Class

Bond

Expense Ratio

BSNSX features an expense ratio of 0.55%, falling within the medium range.


Expense ratio chart for BSNSX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
BSNSX vs. JMUB BSNSX vs. TXRIX BSNSX vs. BMQSX BSNSX vs. FLTMX BSNSX vs. VWIUX BSNSX vs. FTABX BSNSX vs. MUNI BSNSX vs. FJTDX BSNSX vs. FITFX BSNSX vs. VTEB
Popular comparisons:
BSNSX vs. JMUB BSNSX vs. TXRIX BSNSX vs. BMQSX BSNSX vs. FLTMX BSNSX vs. VWIUX BSNSX vs. FTABX BSNSX vs. MUNI BSNSX vs. FJTDX BSNSX vs. FITFX BSNSX vs. VTEB

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Baird Strategic Municipal Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.67%
9.66%
BSNSX (Baird Strategic Municipal Bond Fund)
Benchmark (^GSPC)

Returns By Period

Baird Strategic Municipal Bond Fund had a return of 2.66% year-to-date (YTD) and 2.86% in the last 12 months.


BSNSX

YTD

2.66%

1M

-0.39%

6M

1.67%

1Y

2.86%

5Y*

2.44%

10Y*

N/A

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

Monthly Returns

The table below presents the monthly returns of BSNSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.03%0.19%0.10%-0.61%-0.11%1.27%0.86%0.95%0.75%-0.97%1.17%2.66%
20232.49%-1.61%1.65%0.05%-0.55%0.75%0.27%-0.53%-1.84%-0.64%4.51%1.98%6.52%
2022-1.53%-0.28%-2.37%-2.22%1.15%-1.25%2.14%-1.81%-3.03%-0.61%4.07%0.25%-5.58%
20210.53%-0.28%0.34%0.44%0.16%0.34%0.35%-0.03%-0.31%-0.11%0.44%-0.38%1.50%
20201.38%1.30%-1.62%-0.52%2.74%1.30%1.29%0.16%0.20%0.10%0.96%-0.02%7.45%
20190.21%0.64%0.85%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BSNSX is 73, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BSNSX is 7373
Overall Rank
The Sharpe Ratio Rank of BSNSX is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of BSNSX is 7171
Sortino Ratio Rank
The Omega Ratio Rank of BSNSX is 8383
Omega Ratio Rank
The Calmar Ratio Rank of BSNSX is 8181
Calmar Ratio Rank
The Martin Ratio Rank of BSNSX is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Baird Strategic Municipal Bond Fund (BSNSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for BSNSX, currently valued at 1.36, compared to the broader market-1.000.001.002.003.004.001.362.07
The chart of Sortino ratio for BSNSX, currently valued at 1.88, compared to the broader market-2.000.002.004.006.008.0010.001.882.76
The chart of Omega ratio for BSNSX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.003.501.311.39
The chart of Calmar ratio for BSNSX, currently valued at 1.85, compared to the broader market0.002.004.006.008.0010.0012.0014.001.853.05
The chart of Martin ratio for BSNSX, currently valued at 5.60, compared to the broader market0.0020.0040.0060.005.6013.27
BSNSX
^GSPC

The current Baird Strategic Municipal Bond Fund Sharpe ratio is 1.36. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Baird Strategic Municipal Bond Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
1.36
2.07
BSNSX (Baird Strategic Municipal Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Baird Strategic Municipal Bond Fund provided a 3.31% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.3520192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019
Dividend$0.34$0.31$0.18$0.09$0.15$0.02

Dividend yield

3.31%2.98%1.80%0.84%1.36%0.15%

Monthly Dividends

The table displays the monthly dividend distributions for Baird Strategic Municipal Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.31
2023$0.02$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.31
2022$0.01$0.01$0.01$0.01$0.02$0.01$0.01$0.02$0.02$0.02$0.02$0.03$0.18
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.09
2020$0.01$0.01$0.01$0.02$0.02$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.15
2019$0.00$0.01$0.02

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.25%
-1.91%
BSNSX (Baird Strategic Municipal Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Baird Strategic Municipal Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Baird Strategic Municipal Bond Fund was 10.21%, occurring on Oct 25, 2022. Recovery took 295 trading sessions.

The current Baird Strategic Municipal Bond Fund drawdown is 1.25%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.21%Aug 10, 2021306Oct 25, 2022295Dec 28, 2023601
-8.23%Mar 3, 202014Mar 20, 202044May 22, 202058
-1.55%Oct 4, 202424Nov 6, 202417Dec 2, 202441
-1.45%Dec 10, 20248Dec 19, 2024
-1.1%Mar 14, 202453May 29, 202410Jun 12, 202463

Volatility

Volatility Chart

The current Baird Strategic Municipal Bond Fund volatility is 0.84%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.84%
3.82%
BSNSX (Baird Strategic Municipal Bond Fund)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab