BIMSX vs. PIMIX
Compare and contrast key facts about Baird Intermediate Bond Fund (BIMSX) and PIMCO Income Fund Institutional Class (PIMIX).
BIMSX is managed by Baird. It was launched on Sep 29, 2000. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMSX or PIMIX.
Key characteristics
| BIMSX | PIMIX | |
|---|---|---|
| YTD Return | -1.29% | -0.62% |
| 1Y Return | 1.50% | 6.15% |
| 3Y Return (Ann) | -1.78% | 0.95% |
| 5Y Return (Ann) | 0.80% | 2.72% |
| 10Y Return (Ann) | 1.44% | 4.12% |
| Sharpe Ratio | 0.26 | 1.12 |
| Daily Std Dev | 4.28% | 5.40% |
| Max Drawdown | -13.07% | -13.39% |
| Current Drawdown | -6.68% | -2.17% |
Correlation
The correlation between BIMSX and PIMIX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BIMSX vs. PIMIX - Performance Comparison
In the year-to-date period, BIMSX achieves a -1.29% return, which is significantly lower than PIMIX's -0.62% return. Over the past 10 years, BIMSX has underperformed PIMIX with an annualized return of 1.44%, while PIMIX has yielded a comparatively higher 4.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BIMSX vs. PIMIX - Expense Ratio Comparison
BIMSX has a 0.55% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
BIMSX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baird Intermediate Bond Fund (BIMSX) and PIMCO Income Fund Institutional Class (PIMIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BIMSX vs. PIMIX - Dividend Comparison
BIMSX's dividend yield for the trailing twelve months is around 3.09%, less than PIMIX's 6.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMSX Baird Intermediate Bond Fund | 3.09% | 2.81% | 1.81% | 1.90% | 3.08% | 2.16% | 2.14% | 1.98% | 2.11% | 2.21% | 2.20% | 2.30% |
PIMIX PIMCO Income Fund Institutional Class | 5.82% | 6.73% | 6.39% | 4.02% | 4.84% | 5.80% | 5.62% | 5.39% | 5.57% | 7.92% | 6.51% | 5.60% |
Drawdowns
BIMSX vs. PIMIX - Drawdown Comparison
The maximum BIMSX drawdown since its inception was -13.07%, roughly equal to the maximum PIMIX drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for BIMSX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
BIMSX vs. PIMIX - Volatility Comparison
The current volatility for Baird Intermediate Bond Fund (BIMSX) is 1.09%, while PIMCO Income Fund Institutional Class (PIMIX) has a volatility of 1.59%. This indicates that BIMSX experiences smaller price fluctuations and is considered to be less risky than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.