Baird Ultra Short Bond Fund (BUBSX)
The fund normally invests at least 80% of its net assets in bonds, including the following types of U.S. dollar-denominated debt obligations: U.S. government and other public-sector entities; asset-backed and mortgage-backed obligations of U.S. and foreign issuers; Corporate debt of U.S. and foreign issuers; money market instruments. It invests primarily in investment-grade debt obligations, rated at the time of purchase by at least one major rating agency, but may invest up to 10% of its net assets in high yield bonds.
Fund Info
US0570717142
057071714
Dec 31, 2013
$2,500
Expense Ratio
BUBSX has an expense ratio of 0.40%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Baird Ultra Short Bond 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 Ultra Short Bond Fund (BUBSX) returned 1.57% year-to-date (YTD) and 5.15% over the past 12 months. Over the past 10 years, BUBSX returned 2.13% annually, underperforming the S&P 500 benchmark at 10.43%.
BUBSX
1.57%
0.33%
2.24%
5.15%
2.85%
2.13%
^GSPC (Benchmark)
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
Monthly Returns
The table below presents the monthly returns of BUBSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.43% | 0.36% | 0.36% | 0.33% | 0.10% | 1.57% | |||||||
| 2024 | 0.54% | 0.29% | 0.53% | 0.30% | 0.51% | 0.40% | 0.59% | 0.61% | 0.50% | 0.30% | 0.42% | 0.34% | 5.47% |
| 2023 | 0.50% | 0.28% | 0.40% | 0.42% | 0.33% | 0.35% | 0.57% | 0.47% | 0.40% | 0.41% | 0.62% | 0.55% | 5.43% |
| 2022 | -0.09% | -0.17% | -0.16% | -0.06% | 0.15% | -0.13% | 0.20% | 0.12% | -0.15% | 0.18% | 0.40% | 0.42% | 0.70% |
| 2021 | 0.03% | 0.05% | 0.01% | 0.03% | 0.02% | -0.08% | 0.02% | 0.01% | 0.01% | -0.09% | 0.01% | -0.08% | -0.05% |
| 2020 | 0.22% | 0.26% | -1.04% | 0.93% | 0.74% | 0.30% | 0.18% | -0.03% | 0.06% | -0.05% | 0.05% | 0.02% | 1.66% |
| 2019 | 0.46% | 0.19% | 0.27% | 0.22% | 0.30% | 0.31% | 0.10% | 0.29% | 0.20% | 0.17% | 0.16% | 0.16% | 2.87% |
| 2018 | 0.09% | 0.01% | 0.12% | 0.15% | 0.24% | 0.05% | 0.28% | 0.17% | 0.18% | 0.18% | 0.08% | 0.05% | 1.60% |
| 2017 | 0.05% | 0.16% | -0.03% | 0.18% | 0.08% | 0.08% | 0.08% | 0.09% | 0.09% | 0.10% | 0.00% | 0.16% | 1.05% |
| 2016 | 0.14% | -0.12% | 0.27% | 0.27% | 0.07% | 0.16% | 0.16% | 0.06% | 0.06% | 0.06% | 0.06% | 0.10% | 1.32% |
| 2015 | 0.12% | 0.04% | 0.14% | 0.04% | 0.14% | -0.06% | -0.06% | -0.06% | -0.05% | 0.05% | -0.04% | -0.10% | 0.16% |
| 2014 | 0.51% | 0.06% | 0.15% | 0.07% | 0.07% | 0.17% | -0.05% | 0.14% | -0.14% | 0.05% | 0.06% | -0.21% | 0.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 100, BUBSX is among the top 0% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Baird Ultra Short Bond Fund (BUBSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Baird Ultra Short Bond Fund provided a 4.84% dividend yield over the last twelve months, with an annual payout of $0.49 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.49 | $0.51 | $0.44 | $0.13 | $0.03 | $0.11 | $0.23 | $0.19 | $0.11 | $0.08 | $0.06 | $0.07 |
Dividend yield | 4.84% | 5.05% | 4.38% | 1.31% | 0.25% | 1.07% | 2.30% | 1.91% | 1.05% | 0.80% | 0.56% | 0.69% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.04 | $0.04 | $0.03 | $0.00 | $0.14 | |||||||
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.51 |
| 2023 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.44 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.13 |
| 2021 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2020 | $0.01 | $0.02 | $0.02 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.19 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.11 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 |
| 2014 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.07 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.88% | Mar 10, 2020 | 11 | Mar 24, 2020 | 34 | May 12, 2020 | 45 |
| -0.83% | Jun 23, 2021 | 246 | Jun 13, 2022 | 116 | Nov 28, 2022 | 362 |
| -0.33% | Jun 5, 2015 | 143 | Dec 28, 2015 | 68 | Apr 6, 2016 | 211 |
| -0.3% | Mar 14, 2023 | 3 | Mar 16, 2023 | 11 | Mar 31, 2023 | 14 |
| -0.25% | Sep 25, 2014 | 72 | Jan 7, 2015 | 37 | Mar 3, 2015 | 109 |
Volatility
Volatility Chart
The current Baird Ultra Short Bond Fund volatility is 0.22%, 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.