Baird Ultra Short Bond Fund (BUBSX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Baird Ultra Short Bond Fund (BUBSX) is up 1.6% since the beginning of the year. BUBSX is currently trading at $10 per share. Investors who bought $1,000 worth of BUBSX shares 5 years ago would now be looking at an investment worth $1,188.

Baird Ultra Short Bond Fund (BUBSX) has returned 1.61% so far this year and 4.01% over the past 12 months. Over the last ten years, BUBSX has returned 2.53% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 3, 2014, BUBSX's average daily return is +0.01%, while the average monthly return is +0.18%. At this rate, an investment would double in approximately 32.1 years.

Historically, 85% of months were positive and 15% were negative. The best month was Apr 2020 with a return of +0.9%, while the worst month was Mar 2020 at -1.0%. The longest winning streak lasted 45 consecutive months, and the longest losing streak was 5 months.

On a daily basis, BUBSX closed higher 14% of trading days. The best single day was Feb 24, 2023 with a return of +0.5%, while the worst single day was Mar 20, 2020 at -0.4%.

Baird Ultra Short Bond Fund has an annualized alpha of 2.14%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 03, 2014.

• This fund captured 5.52% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -3.42%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.00 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

BUBSX has an expense ratio of 0.40%, placing it in the medium range.

BUBSX ranks 100 for risk / return — in the top 100% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Baird Ultra Short Bond Fund provided a 4.03% dividend yield over the last twelve months, with an annual payout of $0.41 per share.

The table displays the monthly dividend distributions for Baird Ultra Short Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Baird Ultra Short Bond 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 Ultra Short Bond Fund was 1.88%, occurring on Mar 24, 2020. Recovery took 34 trading sessions.

The chart below shows the rolling one-month volatility.