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
| ISIN | US0570717142 |
|---|---|
| CUSIP | 057071714 |
| Issuer | Baird |
| Inception Date | Dec 31, 2013 |
| Category | Ultrashort Bond |
| Min. Investment | $2,500 |
| Asset Class | Bond |
Expense Ratio
The Baird Ultra Short Bond Fund has a high expense ratio of 0.40%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: BUBSX vs. VBTLX
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 had a return of 1.68% year-to-date (YTD) and 5.49% in the last 12 months. Over the past 10 years, Baird Ultra Short Bond Fund had an annualized return of 1.64%, while the S&P 500 had an annualized return of 10.55%, indicating that Baird Ultra Short Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.68% | 6.33% |
| 1 month | 0.43% | -2.81% |
| 6 months | 2.97% | 21.13% |
| 1 year | 5.49% | 24.56% |
| 5 years (annualized) | 2.21% | 11.55% |
| 10 years (annualized) | 1.64% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.54% | 0.29% | 0.53% | |||||||||
| 2023 | 0.40% | 0.41% | 0.62% | 0.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Baird Ultra Short Bond Fund(BUBSX)
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 granted a 4.44% dividend yield in the last twelve months. The annual payout for that period amounted to $0.45 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.45 | $0.44 | $0.13 | $0.02 | $0.12 | $0.23 | $0.19 | $0.10 | $0.08 | $0.06 | $0.07 |
Dividend yield | 4.44% | 4.39% | 1.29% | 0.25% | 1.14% | 2.33% | 1.89% | 1.04% | 0.81% | 0.56% | 0.67% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | |||||||||
| 2023 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 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 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 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 |
| 2016 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 |
| 2014 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 |
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 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 current Baird Ultra Short Bond Fund drawdown is 0.00%.
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 |
| -0.43% | Mar 25, 2024 | 1 | Mar 25, 2024 | — | — | — |
| -0.32% | Jun 5, 2015 | 143 | Dec 28, 2015 | 68 | Apr 6, 2016 | 211 |
| -0.3% | Mar 14, 2023 | 3 | Mar 16, 2023 | 6 | Mar 24, 2023 | 9 |
Volatility
Volatility Chart
The current Baird Ultra Short Bond Fund volatility is 0.23%, 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.