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 |
| Minimum Investment | $2,500 |
| Asset Class | Bond |
Expense Ratio
The Baird Core Plus Bond Fund has a high expense ratio of 0.55%, indicating higher-than-average management fees.
Share Price Chart
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Performance
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.
Compare to other instruments
Popular comparisons: BCOSX vs. DFIEX, BCOSX vs. FXNAX, BCOSX vs. BND, BCOSX vs. FBGRX
Return
Baird Core Plus Bond Fund had a return of 3.59% year-to-date (YTD) and 1.89% in the last 12 months. Over the past 10 years, Baird Core Plus Bond Fund had an annualized return of 1.95%, while the S&P 500 had an annualized return of 9.85%, indicating that Baird Core Plus Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.59% | 19.92% |
| 1 month | 2.97% | 5.06% |
| 6 months | 1.28% | 7.11% |
| 1 year | 1.89% | 16.17% |
| 5 years (annualized) | 1.32% | 11.84% |
| 10 years (annualized) | 1.95% | 9.85% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -1.07% | -0.13% | 0.18% | -0.50% | -2.44% | -1.59% | 4.66% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Baird Core Plus Bond Fund (BCOSX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BCOSX Baird Core Plus Bond Fund | 0.25 | ||||
^GSPC S&P 500 | 1.25 |
Dividend History
Baird Core Plus Bond Fund granted a 3.19% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.28 | $0.31 | $0.39 | $0.31 | $0.31 | $0.29 | $0.30 | $0.28 | $0.30 | $0.32 | $0.37 |
Dividend yield | 3.19% | 2.69% | 2.57% | 3.11% | 2.60% | 2.75% | 2.47% | 2.65% | 2.49% | 2.63% | 2.90% | 3.18% |
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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $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 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 18.39%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
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 |
Volatility Chart
The current Baird Core Plus Bond Fund volatility is 1.84%, 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.