Baird Mid Cap Growth Fund (BMDSX)
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the equity securities of U.S. and foreign mid-capitalization companies, principally common stocks, preferred stocks, securities convertible into common stocks and American Depositary Receipts ("ADRs") that are traded on major U.S. exchanges. Although the fund principally invests in U.S. companies, the fund may invest up to 15% of its total assets in equity securities (consisting of common stocks, ordinary shares and ADRs) of foreign companies.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Baird Mid Cap Growth Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $53,560 for a total return of roughly 435.60%. All prices are adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: BMDSX vs. IMCG
Return
Baird Mid Cap Growth Fund had a return of 8.97% year-to-date (YTD) and -8.53% in the last 12 months. Over the past 10 years, Baird Mid Cap Growth Fund had an annualized return of 10.92%, outperforming the S&P 500 benchmark which had an annualized return of 9.95%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -3.24% | -1.87% |
| Year-To-Date | 8.97% | 4.25% |
| 6 months | 4.30% | 2.64% |
| 1 year | -8.53% | -10.31% |
| 5 years (annualized) | 10.08% | 8.18% |
| 10 years (annualized) | 10.92% | 9.95% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 9.96% | -0.76% | ||||||||||
| 2022 | -9.00% | 5.48% | 4.74% | -6.13% |
Dividend History
Baird Mid Cap Growth Fund granted a 1.64% dividend yield in the last twelve months. The annual payout for that period amounted to $0.34 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.34 | $4.82 | $2.64 | $1.24 | $1.11 | $0.89 | $0.00 | $0.02 | $0.16 | $0.31 | $0.09 |
Dividend yield | 1.64% | 1.79% | 18.11% | 12.12% | 7.66% | 9.29% | 7.33% | 0.00% | 0.24% | 1.69% | 3.41% | 1.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Baird Mid Cap Growth 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 | $0.00 | $0.00 | ||||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.82 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.64 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.24 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.11 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 |
| 2012 | $0.09 |
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 Mid Cap Growth 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 Mid Cap Growth Fund is 53.96%, recorded on Mar 9, 2009. It took 445 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.96% | Oct 11, 2007 | 354 | Mar 9, 2009 | 445 | Dec 10, 2010 | 799 |
| -36.24% | Nov 17, 2021 | 145 | Jun 16, 2022 | — | — | — |
| -34.67% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
| -33.53% | Feb 2, 2001 | 525 | Mar 11, 2003 | 419 | Nov 5, 2004 | 944 |
| -22% | Jul 8, 2011 | 61 | Oct 3, 2011 | 78 | Jan 25, 2012 | 139 |
| -21.78% | Sep 17, 2018 | 69 | Dec 24, 2018 | 66 | Apr 1, 2019 | 135 |
| -21.16% | Jun 24, 2015 | 161 | Feb 11, 2016 | 251 | Feb 9, 2017 | 412 |
| -16.4% | Apr 21, 2006 | 64 | Jul 21, 2006 | 183 | Apr 16, 2007 | 247 |
| -10.45% | Mar 5, 2014 | 155 | Oct 13, 2014 | 29 | Nov 21, 2014 | 184 |
| -10.42% | Mar 27, 2012 | 48 | Jun 4, 2012 | 66 | Sep 6, 2012 | 114 |
Volatility Chart
Current Baird Mid Cap Growth Fund volatility is 26.54%. 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.