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Baird Core Plus Bond Fund (BCOSX)

Mutual Fund · Currency in USD · Last updated Mar 22, 2023

The fund normally invests at least 80% of its net assets in the following types of U.S. dollar-denominated debt obligations: U.S. government and other public-sector entities; asset-backed and mortgage-backed obligations of U.S. and foreign issuers; corporate debt of U.S. and foreign issuers. It invests primarily in investment-grade debt obligations, but may invest up to 20% of its net assets in non-investment grade debt obligations (sometimes referred to as "high yield" or "junk" bonds).

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Baird Core Plus Bond Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $24,643 for a total return of roughly 146.43%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
3.66%
8.82%
BCOSX (Baird Core Plus Bond Fund)
Benchmark (^GSPC)

S&P 500

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Baird Core Plus Bond Fund

Return

Baird Core Plus Bond Fund had a return of 1.99% year-to-date (YTD) and -6.10% in the last 12 months. Over the past 10 years, Baird Core Plus Bond Fund had an annualized return of 1.68%, while the S&P 500 had an annualized return of 9.92%, indicating that Baird Core Plus Bond Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.63%-1.87%
Year-To-Date1.99%4.25%
6 months1.81%2.64%
1 year-6.10%-10.31%
5 years (annualized)1.16%8.11%
10 years (annualized)1.68%9.92%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.29%-2.39%
2022-4.28%-1.22%3.83%-0.13%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Baird Core Plus Bond Fund Sharpe ratio is -0.81. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.81
-0.44
BCOSX (Baird Core Plus Bond Fund)
Benchmark (^GSPC)

Dividend History

Baird Core Plus Bond Fund granted a 3.09% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.32$0.28$0.31$0.39$0.31$0.31$0.29$0.30$0.28$0.30$0.32$0.37

Dividend yield

3.09%2.71%2.65%3.29%2.83%3.08%2.84%3.12%3.01%3.27%3.70%4.17%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.02$0.03
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.02$0.04
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.10
2020$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.14
2019$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03
2018$0.02$0.02$0.02$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.04
2017$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04
2016$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.06
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04
2014$0.02$0.03$0.03$0.03$0.02$0.03$0.03$0.02$0.03$0.02$0.02$0.03
2013$0.02$0.02$0.02$0.03$0.02$0.03$0.02$0.03$0.03$0.03$0.02$0.05
2012$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.06

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-12.60%
-16.55%
BCOSX (Baird Core Plus Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Baird Core Plus Bond Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Baird Core Plus Bond Fund is 18.39%, recorded on Oct 24, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.39%Aug 5, 2021308Oct 24, 2022
-8.41%Mar 9, 202010Mar 20, 202056Jun 10, 202066
-8.05%Jan 24, 2008196Oct 31, 2008154Jun 15, 2009350
-5.37%May 3, 201387Sep 5, 2013164May 1, 2014251
-5.04%Nov 8, 200127Dec 17, 2001177Sep 3, 2002204
-4.71%Mar 18, 200440May 13, 200486Sep 16, 2004126
-4.4%Jun 16, 200342Aug 14, 200365Nov 14, 2003107
-4.23%Oct 1, 200216Oct 22, 200241Dec 19, 200257
-3.74%Sep 8, 201671Dec 16, 2016112May 31, 2017183
-3.41%Jan 5, 202151Mar 18, 202194Aug 2, 2021145

Volatility Chart

Current Baird Core Plus Bond Fund volatility is 10.66%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
10.66%
22.09%
BCOSX (Baird Core Plus Bond Fund)
Benchmark (^GSPC)