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.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Baird Intermediate Bond Fund Class Institutional in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $21,874 for a total return of roughly 118.74%. All prices are adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: BIMIX vs. DODIX
Return
Baird Intermediate Bond Fund Class Institutional had a return of 1.63% year-to-date (YTD) and -3.34% in the last 12 months. Over the past 10 years, Baird Intermediate Bond Fund Class Institutional had an annualized return of 1.51%, while the S&P 500 had an annualized return of 9.92%, indicating that Baird Intermediate Bond Fund Class Institutional did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.74% | -1.87% |
| Year-To-Date | 1.63% | 4.25% |
| 6 months | 1.67% | 2.64% |
| 1 year | -3.34% | -10.31% |
| 5 years (annualized) | 1.47% | 8.11% |
| 10 years (annualized) | 1.51% | 9.92% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2.08% | -1.61% | ||||||||||
| 2022 | -2.72% | -0.57% | 2.23% | -0.01% |
Dividend History
Baird Intermediate Bond Fund Class Institutional granted a 2.58% dividend yield in the last twelve months. The annual payout for that period amounted to $0.26 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.22 | $0.26 | $0.41 | $0.28 | $0.27 | $0.26 | $0.27 | $0.28 | $0.28 | $0.29 | $0.46 |
Dividend yield | 2.58% | 2.18% | 2.33% | 3.67% | 2.74% | 2.78% | 2.69% | 2.88% | 3.08% | 3.12% | 3.33% | 5.29% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.02 | $0.02 | ||||||||||
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2021 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 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 |
| 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 |
| 2016 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $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 | $0.16 |
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 Intermediate Bond Fund Class Institutional. 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 Intermediate Bond Fund Class Institutional is 12.76%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.76% | Aug 4, 2021 | 307 | Oct 20, 2022 | — | — | — |
| -6.73% | 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 |
| -4.13% | Jun 16, 2003 | 42 | Aug 14, 2003 | 102 | Jan 9, 2004 | 144 |
| -4.08% | Nov 8, 2001 | 27 | Dec 17, 2001 | 117 | Jun 6, 2002 | 144 |
| -3.46% | May 3, 2013 | 87 | Sep 5, 2013 | 122 | Mar 3, 2014 | 209 |
| -3.19% | Nov 5, 2010 | 28 | Dec 15, 2010 | 93 | Apr 29, 2011 | 121 |
| -2.84% | Sep 30, 2016 | 54 | Dec 15, 2016 | 112 | May 30, 2017 | 166 |
Volatility Chart
Current Baird Intermediate Bond Fund Class Institutional volatility is 10.07%. 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.