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.
Fund Info
ISIN | US0570718215 |
---|---|
CUSIP | 057071821 |
Issuer | Baird |
Inception Date | Dec 29, 2000 |
Category | Mid Cap Growth Equities |
Min. Investment | $2,500 |
Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
The Baird Mid Cap Growth Fund has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: BMDSX vs. IMCG, BMDSX vs. VBR
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Baird Mid Cap Growth Fund, 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 Mid Cap Growth Fund had a return of 4.59% year-to-date (YTD) and 15.20% in the last 12 months. Over the past 10 years, Baird Mid Cap Growth Fund had an annualized return of 10.10%, while the S&P 500 had an annualized return of 10.89%, indicating that Baird Mid Cap Growth Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 4.59% | 10.16% |
1 month | 2.13% | 3.47% |
6 months | 17.85% | 22.20% |
1 year | 15.20% | 30.45% |
5 years (annualized) | 11.27% | 13.16% |
10 years (annualized) | 10.10% | 10.89% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -2.67% | 5.41% | ||||||||||
2023 | -4.59% | -5.87% | -6.83% | 10.86% | 9.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for Baird Mid Cap Growth Fund (BMDSX) and compares them with a selected benchmark (^GSPC). These performance indicators 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 | |
---|---|---|---|---|---|
Baird Mid Cap Growth Fund | 1.04 | ||||
S&P 500 | 2.79 |
Dividends
Dividend History
Baird Mid Cap Growth Fund granted a 2.34% dividend yield in the last twelve months. The annual payout for that period amounted to $0.55 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.55 | $0.55 | $0.34 | $4.82 | $2.64 | $1.24 | $1.11 | $0.89 | $0.00 | $0.02 | $0.16 | $0.31 |
Dividend yield | 2.34% | 2.44% | 1.79% | 17.82% | 10.09% | 5.77% | 6.62% | 4.87% | 0.00% | 0.15% | 1.07% | 2.14% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | ||||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 |
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 | $0.31 |
Drawdowns
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 Mid Cap Growth 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 Mid Cap Growth Fund was 53.96%, occurring on Mar 9, 2009. Recovery took 445 trading sessions.
The current Baird Mid Cap Growth Fund drawdown is 12.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-53.96% | Oct 11, 2007 | 353 | Mar 9, 2009 | 445 | Dec 10, 2010 | 798 |
-36.24% | Nov 17, 2021 | 146 | Jun 16, 2022 | — | — | — |
-34.67% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
-33.53% | Feb 2, 2001 | 523 | Mar 11, 2003 | 418 | Nov 5, 2004 | 941 |
-22% | Jul 8, 2011 | 61 | Oct 3, 2011 | 78 | Jan 25, 2012 | 139 |
Volatility
Volatility Chart
The current Baird Mid Cap Growth Fund volatility is 3.50%, 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.