Baird Core Plus Bond Fund (BCOSX)
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).
Fund Info
| ISIN | US0570718884 |
|---|---|
| CUSIP | 057071888 |
| Issuer | Baird |
| Inception Date | Sep 29, 2000 |
| Category | Intermediate Core-Plus Bond |
| Min. Investment | $2,500 |
| Asset Class | Bond |
Expense Ratio
BCOSX features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BCOSX vs. DFIEX, BCOSX vs. FXNAX, BCOSX vs. BND, BCOSX vs. FBGRX, BCOSX vs. DODIX, BCOSX vs. FBNDX, BCOSX vs. AGG, BCOSX vs. FTBFX, BCOSX vs. VWINX, BCOSX vs. SWPPX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Baird Core Plus 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.
Returns By Period
Baird Core Plus Bond Fund had a return of 3.10% year-to-date (YTD) and 10.11% in the last 12 months. Over the past 10 years, Baird Core Plus Bond Fund had an annualized return of 1.89%, while the S&P 500 had an annualized return of 11.41%, indicating that Baird Core Plus Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.10% | 25.70% |
| 1 month | -0.63% | 3.51% |
| 6 months | 4.41% | 14.80% |
| 1 year | 10.11% | 37.91% |
| 5 years (annualized) | 0.39% | 14.18% |
| 10 years (annualized) | 1.89% | 11.41% |
Monthly Returns
The table below presents the monthly returns of BCOSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.04% | -1.23% | 1.07% | -2.37% | 1.76% | 0.88% | 2.30% | 1.40% | 1.31% | -2.27% | 3.10% | ||
| 2023 | 3.30% | -2.39% | 2.09% | 0.72% | -1.06% | -0.13% | 0.17% | -0.51% | -2.44% | -1.59% | 4.66% | 3.90% | 6.59% |
| 2022 | -2.24% | -1.33% | -2.80% | -3.77% | 0.39% | -1.99% | 2.45% | -2.53% | -4.28% | -1.21% | 3.83% | -0.15% | -13.10% |
| 2021 | -0.58% | -1.25% | -1.39% | 0.91% | 0.25% | 0.89% | 1.14% | -0.17% | -0.81% | -0.23% | 0.16% | -0.68% | -1.78% |
| 2020 | 1.98% | 1.44% | -3.34% | 3.12% | 1.26% | 1.23% | 1.92% | -0.52% | -0.06% | -0.23% | 1.29% | -0.56% | 7.62% |
| 2019 | 1.34% | 0.14% | 1.97% | 0.25% | 1.43% | 1.50% | 0.38% | 2.31% | -0.44% | 0.37% | 0.03% | 0.04% | 9.70% |
| 2018 | -0.95% | -1.00% | 0.38% | -0.65% | 0.58% | -0.24% | 0.15% | 0.67% | -0.56% | -0.83% | 0.23% | 1.51% | -0.75% |
| 2017 | 0.42% | 0.73% | 0.02% | 0.82% | 0.89% | 0.03% | 0.46% | 0.88% | -0.31% | 0.13% | -0.14% | 0.48% | 4.49% |
| 2016 | 0.95% | 0.48% | 1.61% | 0.88% | 0.12% | 1.84% | 0.94% | 0.13% | -0.07% | -0.57% | -2.19% | 0.13% | 4.29% |
| 2015 | 2.14% | -0.72% | 0.36% | -0.23% | -0.17% | -1.17% | 0.53% | -0.32% | 0.38% | 0.28% | -0.40% | -0.73% | -0.10% |
| 2014 | 1.62% | 0.68% | -0.04% | 0.85% | 1.27% | 0.15% | -0.22% | 1.17% | -0.80% | 0.87% | 0.63% | -0.05% | 6.28% |
| 2013 | -0.60% | 0.56% | 0.21% | 1.18% | -1.84% | -2.21% | 0.22% | -0.49% | 1.14% | 1.02% | -0.22% | -0.59% | -1.67% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BCOSX is 23, indicating that it is in the bottom 23% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Baird Core Plus Bond Fund (BCOSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Baird Core Plus Bond Fund provided a 3.52% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.34 | $0.28 | $0.25 | $0.28 | $0.31 | $0.31 | $0.29 | $0.28 | $0.28 | $0.30 | $0.32 |
Dividend yield | 3.52% | 3.16% | 2.68% | 2.01% | 2.22% | 2.61% | 2.74% | 2.48% | 2.47% | 2.50% | 2.63% | 2.83% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.30 | |
| 2023 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.34 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.28 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.25 |
| 2020 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.28 |
| 2019 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.04 | $0.31 |
| 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 | $0.31 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.04 | $0.29 |
| 2016 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.04 | $0.28 |
| 2015 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.28 |
| 2014 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.30 |
| 2013 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.32 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Baird Core Plus 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 Core Plus Bond Fund was 19.23%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Baird Core Plus Bond Fund drawdown is 6.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.23% | Dec 15, 2020 | 468 | Oct 24, 2022 | — | — | — |
| -8.41% | Mar 9, 2020 | 10 | Mar 20, 2020 | 56 | Jun 10, 2020 | 66 |
| -8.04% | Jan 24, 2008 | 196 | Oct 31, 2008 | 155 | Jun 16, 2009 | 351 |
| -5.38% | May 3, 2013 | 87 | Sep 5, 2013 | 164 | May 1, 2014 | 251 |
| -5.04% | Nov 8, 2001 | 27 | Dec 17, 2001 | 177 | Sep 3, 2002 | 204 |
Volatility
Volatility Chart
The current Baird Core Plus Bond Fund volatility is 1.57%, 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.