# Baird Short-Term Municipal Bond Instl (BTMIX)

> Source: Nexqual · https://nexqual.com/BTMIX · data as of 2026-10-24 00:00 UTC · cite as "Nexqual, Baird Short-Term Municipal Bond Instl (BTMIX), nexqual.com/BTMIX" · informational, not investment advice.

**Price:** USD 9.99 (+0.10% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 9.98 · day 9.99–9.99 · 52w 9.76–10.21 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +2.0% vs S&P 500 +13.4%; 5Y +10.2% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +2.0% | +10.2% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +2.0% | +2.0% |
| Volatility (annualized) | 1.7% | 2.3% |
| Max drawdown | -2.5% (Aug 2026→Sep 2026) | -5.9% (Dec 2021→Oct 2022) |

## Peers
BMNIX (Baird Core Intermediate Municip) USD 10.1 -0.00% · BMBIX (Baird Quality Intermediate Muni) USD 10.88 -0.00% · BSBIX (Baird Short Term Bond Fund Inst) USD 9.41 +0.00% · BIMIX (Baird Intermediate Bond Fd Inst) USD 10.21 -0.00% · BUBIX (Baird Ultra Short Bond Fund Ins) USD 10.13 -0.00%

## More
Full page: https://nexqual.com/BTMIX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt