PortfoliosLab logo

Baird Mid Cap Growth Fund (BMDSX)

Mutual Fund · Currency in USD · Last updated Mar 22, 2023

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


Loading data...

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.


-5.00%0.00%5.00%10.00%15.00%NovemberDecember2023FebruaryMarch
9.97%
8.82%
BMDSX (Baird Mid Cap Growth Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with BMDSX

Baird Mid Cap Growth Fund

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%.


PeriodReturnBenchmark
1 month-3.24%-1.87%
Year-To-Date8.97%4.25%
6 months4.30%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


JanFebMarAprMayJunJulAugSepOctNovDec
20239.96%-0.76%
2022-9.00%5.48%4.74%-6.13%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Baird Mid Cap Growth Fund Sharpe ratio is -0.29. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.200.00NovemberDecember2023FebruaryMarch
-0.29
-0.44
BMDSX (Baird Mid Cap Growth Fund)
Benchmark (^GSPC)

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.


PeriodTTM20222021202020192018201720162015201420132012
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-35.00%-30.00%-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-24.37%
-16.55%
BMDSX (Baird Mid Cap Growth Fund)
Benchmark (^GSPC)

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, 2007354Mar 9, 2009445Dec 10, 2010799
-36.24%Nov 17, 2021145Jun 16, 2022
-34.67%Feb 20, 202023Mar 23, 202079Jul 15, 2020102
-33.53%Feb 2, 2001525Mar 11, 2003419Nov 5, 2004944
-22%Jul 8, 201161Oct 3, 201178Jan 25, 2012139
-21.78%Sep 17, 201869Dec 24, 201866Apr 1, 2019135
-21.16%Jun 24, 2015161Feb 11, 2016251Feb 9, 2017412
-16.4%Apr 21, 200664Jul 21, 2006183Apr 16, 2007247
-10.45%Mar 5, 2014155Oct 13, 201429Nov 21, 2014184
-10.42%Mar 27, 201248Jun 4, 201266Sep 6, 2012114

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.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2023FebruaryMarch
26.54%
22.09%
BMDSX (Baird Mid Cap Growth Fund)
Benchmark (^GSPC)