Expense Ratio History

BSNIX expense ratio history

Baird Strategic Municipal Bond Fund, Institutional

Fund company
Baird
Type
Mutual fund

0.30%

In basis points
30 basis points
Yearly cost per $10,000
$30
Prospectus dated
1 May 2026, filed with the SEC; rounded to 0.01%

Fee over time

BSNIX expense ratio: read at 0.30% on 1 May 2026.0.00%0.20%0.40%0.60%Nov 2019Jan 2021Mar 2022May 2023Jul 2024Sep 20250.30% on 1 May 2026
BSNIX expense ratio: read at 0.30% on 1 May 2026.0.00%0.20%0.40%0.60%Nov 2019Feb 2022May 20240.30% on 1 May 2026
Each dot is a prospectus filed with the SEC or a date we read the fee from a source. The fee hasn't changed between them.

Share classes

The same fund is sold as 2 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
BSNIX (this page) Institutional 0.30% — 1 May 2026
BSNSX Investor 0.55% — 1 May 2026

Every figure we've recorded

DateFeeWhat happened
1 May 2026 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-05-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 May 2025 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2024 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2023 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2022 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2021 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2020 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
14 Nov 2019 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-11-14 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.30% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$381 in fees over 10 years

After fees, $10,000 grows to $15,818.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$31
3 years$97
5 years$169
10 years$381

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 8 prospectuses for this share class since 2019. Each one is listed above with a link to the filing.

How we read fees

More Baird funds

The cheapest of 15. All Baird funds.