- What does BAGSX invest in?
- The fund's primary objective is to achieve an annual total return that surpasses the performance of the Bloomberg U.S. Aggregate Bond Index, prior to accounting for its operational expenses. To meet this goal, it customarily allocates a minimum of 80% of its overall assets to a diverse range of U.S. dollar-denominated fixed-income instruments. These investments encompass obligations from the U.S. government and its public-sector agencies, securitized products such as asset-backed and mortgage-backed securities issued by both domestic and international entities, and corporate bonds originating from companies based in the U.S. and abroad.
- What is the expense ratio of BAGSX?
- Baird Aggregate Bond Fd Investor Class (BAGSX) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.
- What is BAGSX's dividend yield?
- BAGSX's trailing-twelve-month yield is 3.86%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of BAGSX?
- Effective duration measures BAGSX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BAGSX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of BAGSX?
- BAGSX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of BAGSX?
- Yield to maturity (YTM) is the total return you'd earn from BAGSX if every bond in the portfolio is held to maturity at the current price. BAGSX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
