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).
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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.63% | -1.87% |
| Year-To-Date | 1.99% | 4.25% |
| 6 months | 1.81% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.29% | -2.39% | ||||||||||
| 2022 | -4.28% | -1.22% | 3.83% | -0.13% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2021 | 308 | Oct 24, 2022 | — | — | — |
| -8.41% | Mar 9, 2020 | 10 | Mar 20, 2020 | 56 | Jun 10, 2020 | 66 |
| -8.05% | Jan 24, 2008 | 196 | Oct 31, 2008 | 154 | Jun 15, 2009 | 350 |
| -5.37% | 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 |
| -4.71% | Mar 18, 2004 | 40 | May 13, 2004 | 86 | Sep 16, 2004 | 126 |
| -4.4% | Jun 16, 2003 | 42 | Aug 14, 2003 | 65 | Nov 14, 2003 | 107 |
| -4.23% | Oct 1, 2002 | 16 | Oct 22, 2002 | 41 | Dec 19, 2002 | 57 |
| -3.74% | Sep 8, 2016 | 71 | Dec 16, 2016 | 112 | May 31, 2017 | 183 |
| -3.41% | Jan 5, 2021 | 51 | Mar 18, 2021 | 94 | Aug 2, 2021 | 145 |
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.