Baird Intermediate Bond Fund Class Institutional (BIMIX)
The Baird Intermediate Bond Fund (BIMIX) aims to achieve an annual total return greater than the Bloomberg Barclays Intermediate U.S. Government/Credit Bond Index after accounting for expenses. The fund typically invests at least 80% of its net assets in U.S. dollar-denominated debt obligations, including U.S. government and public-sector agency debt, asset-backed and mortgage-backed obligations issued by U.S. and foreign entities, and corporate debt issued by U.S. and foreign entities.
Fund Info
US0570718058
057071805
Sep 29, 2000
$10,000
Expense Ratio
BIMIX has an expense ratio of 0.30%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Baird Intermediate Bond Fund Class Institutional, 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 Intermediate Bond Fund Class Institutional (BIMIX) returned 2.46% year-to-date (YTD) and 6.32% over the past 12 months. Over the past 10 years, BIMIX returned 2.12% annually, underperforming the S&P 500 benchmark at 10.43%.
BIMIX
2.46%
0.22%
2.43%
6.32%
0.97%
2.12%
^GSPC (Benchmark)
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
Monthly Returns
The table below presents the monthly returns of BIMIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.69% | 1.39% | 0.34% | 0.80% | -0.76% | 2.46% | |||||||
| 2024 | 0.34% | -0.88% | 0.72% | -1.36% | 1.22% | 0.83% | 1.90% | 1.09% | 1.09% | -1.57% | 0.74% | -0.67% | 3.45% |
| 2023 | 2.08% | -1.61% | 1.94% | 0.65% | -0.61% | -0.62% | 0.28% | 0.07% | -1.02% | -0.50% | 2.65% | 2.44% | 5.78% |
| 2022 | -1.50% | -0.77% | -2.52% | -2.10% | 0.64% | -1.16% | 1.62% | -2.00% | -2.72% | -0.57% | 2.23% | -0.01% | -8.64% |
| 2021 | -0.22% | -0.79% | -0.82% | 0.48% | 0.40% | 0.13% | 0.82% | -0.23% | -0.58% | -0.49% | 0.03% | -0.14% | -1.41% |
| 2020 | 1.49% | 1.35% | -1.70% | 2.14% | 1.25% | 0.95% | 1.02% | 0.01% | -0.08% | -0.18% | 0.67% | 0.32% | 7.42% |
| 2019 | 0.82% | 0.21% | 1.40% | 0.32% | 1.21% | 1.12% | 0.03% | 1.73% | -0.40% | 0.38% | -0.16% | 0.18% | 7.05% |
| 2018 | -0.84% | -0.46% | 0.27% | -0.53% | 0.57% | -0.17% | 0.13% | 0.58% | -0.34% | -0.25% | 0.31% | 1.32% | 0.58% |
| 2017 | 0.42% | 0.47% | 0.09% | 0.65% | 0.55% | -0.17% | 0.55% | 0.56% | -0.36% | 0.02% | -0.26% | 0.20% | 2.74% |
| 2016 | 1.05% | 0.57% | 0.91% | 0.45% | 0.01% | 1.44% | 0.43% | -0.16% | 0.09% | -0.36% | -1.70% | 0.09% | 2.83% |
| 2015 | 1.68% | -0.60% | 0.54% | 0.01% | -0.01% | -0.60% | 0.27% | -0.09% | 0.64% | -0.10% | -0.26% | -0.46% | 0.99% |
| 2014 | 1.08% | 0.49% | -0.25% | 0.57% | 0.82% | 0.03% | -0.26% | 0.72% | -0.51% | 0.73% | 0.47% | -0.41% | 3.50% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 90, BIMIX is among the top 10% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Baird Intermediate Bond Fund Class Institutional (BIMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Baird Intermediate Bond Fund Class Institutional provided a 3.97% dividend yield over the last twelve months, with an annual payout of $0.41 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.40 | $0.33 | $0.22 | $0.18 | $0.25 | $0.29 | $0.27 | $0.26 | $0.25 | $0.25 | $0.27 |
Dividend yield | 3.97% | 3.89% | 3.20% | 2.18% | 1.58% | 2.16% | 2.53% | 2.52% | 2.33% | 2.29% | 2.27% | 2.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Baird Intermediate Bond Fund Class Institutional. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.04 | $0.03 | $0.00 | $0.13 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.40 |
| 2023 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.33 |
| 2022 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.22 |
| 2021 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.18 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.29 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.27 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2016 | $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 |
| 2015 | $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 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.27 |
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 Intermediate Bond Fund Class Institutional. 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 Intermediate Bond Fund Class Institutional was 12.76%, occurring on Oct 20, 2022. Recovery took 476 trading sessions.
The current Baird Intermediate Bond Fund Class Institutional drawdown is 0.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.76% | Aug 4, 2021 | 307 | Oct 20, 2022 | 476 | Sep 13, 2024 | 783 |
| -6.72% | Jan 24, 2008 | 196 | Oct 31, 2008 | 133 | May 14, 2009 | 329 |
| -6.69% | Sep 11, 2007 | 13 | Sep 27, 2007 | 14 | Oct 17, 2007 | 27 |
| -5.22% | Mar 9, 2020 | 12 | Mar 24, 2020 | 43 | May 26, 2020 | 55 |
| -4.26% | Mar 18, 2004 | 40 | May 13, 2004 | 86 | Sep 16, 2004 | 126 |
Volatility
Volatility Chart
The current Baird Intermediate Bond Fund Class Institutional volatility is 1.20%, 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.