BMDIX: Baird MidCap Inst

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BMDIX Baird MidCap Inst


Profile

BMDIX - Profile

Vitals

  • YTD Return 3.7%
  • 3 Yr Annualized Return 19.4%
  • 5 Yr Annualized Return 11.6%
  • Net Assets $2.23 B
  • Holdings in Top 10 24.3%

52 WEEK LOW AND HIGH

$23.74
$18.86
$23.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.81%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 38.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $25,000
  • IRA $25,000

Fund Classification


Distributions

  • YTD Total Return 3.7%
  • 3 Yr Annualized Total Return 19.4%
  • 5 Yr Annualized Total Return 11.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Baird MidCap Fund Institutional Class
  • Fund Family Name
    Baird
  • Inception Date
    Dec 29, 2000
  • Shares Outstanding
    91410287
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Charles Severson

Fund Description

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.


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Categories

Performance

BMDIX - Performance

Return Ranking - Trailing

Period BMDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.7% 0.0% 10.0% 70.13%
1 Yr 36.3% -51.6% 53.2% 10.96%
3 Yr 19.4%* -38.1% 45.0% 7.76%
5 Yr 11.6%* -30.1% 25.8% 10.95%
10 Yr 14.1%* -15.0% 20.0% 7.07%

* Annualized

Return Ranking - Calendar

Period BMDIX Return Category Return Low Category Return High Rank in Category (%)
2019 29.2% -50.2% 44.9% 32.07%
2018 -7.5% -51.7% 102.3% 15.95%
2017 21.3% -21.1% 36.0% 23.72%
2016 5.4% -61.7% 40.3% 26.02%
2015 -3.7% -54.0% 12.2% 32.11%

Total Return Ranking - Trailing

Period BMDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.7% 0.0% 10.0% 70.13%
1 Yr 36.3% -51.6% 53.2% 9.59%
3 Yr 19.4%* -33.2% 45.0% 9.80%
5 Yr 11.6%* -21.0% 25.8% 19.42%
10 Yr 14.1%* -10.5% 20.0% 15.22%

* Annualized

Total Return Ranking - Calendar

Period BMDIX Return Category Return Low Category Return High Rank in Category (%)
2019 29.2% -50.2% 44.9% 32.07%
2018 -7.5% -51.7% 102.3% 36.38%
2017 26.9% -7.0% 39.4% 21.44%
2016 5.4% -61.7% 40.3% 41.60%
2015 -3.6% -54.0% 12.2% 64.01%

NAV & Total Return History


Holdings

BMDIX - Holdings

Concentration Analysis

BMDIX Category Low Category High BMDIX % Rank
Net Assets 2.23 B 740 K 34.6 B 27.52%
Number of Holdings 60 1 2554 73.32%
Net Assets in Top 10 542 M 183 K 5.97 B 29.03%
Weighting of Top 10 24.31% 5.5% 100.0% 54.53%

Top 10 Holdings

  1. CDW Corp 2.77%
  2. Dollar General Corp 2.75%
  3. Fiserv Inc 2.68%
  4. Tyler Technologies Inc 2.55%
  5. Burlington Stores Inc 2.30%
  6. O'Reilly Automotive Inc 2.30%
  7. Cable One Inc 2.28%
  8. Monolithic Power Systems Inc 2.24%
  9. Synopsys Inc 2.23%
  10. Euronet Worldwide Inc 2.22%

Asset Allocation

Weighting Return Low Return High BMDIX % Rank
Stocks
96.92% 89.33% 121.88% 70.47%
Cash
3.08% -27.03% 11.17% 26.85%
Preferred Stocks
0.00% 0.00% 1.89% 81.54%
Other
0.00% -11.06% 5.15% 80.03%
Convertible Bonds
0.00% 0.00% 0.07% 80.37%
Bonds
0.00% 0.00% 2.56% 80.87%

Stock Sector Breakdown

Weighting Return Low Return High BMDIX % Rank
Technology
27.14% 0.00% 56.36% 59.90%
Industrials
23.56% 0.00% 33.54% 8.89%
Healthcare
14.58% 0.00% 38.81% 67.79%
Consumer Cyclical
13.47% 2.74% 58.77% 64.43%
Financial Services
8.09% 0.00% 40.35% 50.67%
Consumer Defense
6.38% 0.00% 16.09% 15.44%
Communication Services
5.83% 0.00% 17.52% 19.30%
Energy
0.95% 0.00% 12.44% 40.60%
Utilities
0.00% 0.00% 6.40% 85.91%
Real Estate
0.00% 0.00% 52.42% 97.15%
Basic Materials
0.00% 0.00% 19.70% 95.97%

Stock Geographic Breakdown

Weighting Return Low Return High BMDIX % Rank
US
96.92% 80.04% 115.67% 20.13%
Non US
0.00% 0.00% 17.06% 97.48%

Expenses

BMDIX - Expenses

Operational Fees

BMDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.00% 27.43% 84.38%
Management Fee 0.75% 0.00% 1.50% 55.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

BMDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BMDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BMDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.00% 1.24% 385.00% 40.41%

Distributions

BMDIX - Distributions

Dividend Yield Analysis

BMDIX Category Low Category High BMDIX % Rank
Dividend Yield 0.00% 0.00% 41.63% 80.37%

Dividend Distribution Analysis

BMDIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

BMDIX Category Low Category High BMDIX % Rank
Net Income Ratio -0.15% -2.55% 2.65% 34.01%

Capital Gain Distribution Analysis

BMDIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

BMDIX - Fund Manager Analysis

Managers

Charles Severson


Start Date

Tenure

Tenure Rank

Dec 29, 2000

19.02

19.0%

Mr. Severson is Managing Director, Senior Portfolio Manager and Senior Vice President of Robert W. Baird & Co. Incorporated. He joined the firm in 1987 as an Institutional Salesman. In 1991, Mr. Severson joined Baird Investment Management after spending four years as an Institutional Equity Salesman. Mr. Severson has served as a Senior Portfolio Manager on the Mid Cap product. He has a B.B.A. degree in Accounting and Finance and an M.S. degree in Finance from the University of Wisconsin-Madison. Mr. Severson earned the Chartered Financial Analyst designation in 1990.

Kenneth Hemauer


Start Date

Tenure

Tenure Rank

May 01, 2010

9.67

9.7%

Mr. Hemauer is Director of Research for Baird Investment Management and a Managing Director, Senior Vice President of Robert W. Baird & Co. Incorporated. He joined Baird Investment Management in 2001, after spending seven years as a Senior Analyst in the Equity Research Department of Baird where he focused on financial services companies. He received both a B.B.A. degree and an M.S. degree in Finance from the University of Wisconsin-Madison. He earned the Chartered Financial Analyst designation in 1995.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.02 8.06 2.84