# Baird Core Plus Bond Fund Institutional Class (BCOIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bcoix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Baird · Asset class: Bond - Strategy: Passive Index · Inception: 2000-09-29 The Baird Core Plus Bond Fund's main objective is to achieve an annual total return, before accounting for fund expenses, that surpasses the performance of the Bloomberg Barclays U.S. Universal Bond Index. To achieve this, the fund commits at least 80% of its net assets to various U.S. dollar-denominated fixed-income securities. These include debt issued by the U.S. government and other public sector entities, asset-backed and mortgage-backed obligations originating from both domestic and international issuers, and corporate bonds from companies based in the U.S. and abroad. While the portf... ## Key Facts | Metric | Value | |---|---| | Price | $9.92 | | Expense Ratio | 0.30% | | Assets Under Management | $45.80B | | NAV | $9.92 | | Holdings Count | — | | Distribution Yield (TTM) | 4.49% | | Annual Distribution (TTM) | $0.45 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.73 – $10.44 | | Beta | 0.98 | ## Latest Distribution - Amount: $0.0361 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does BCOIX invest in? The Baird Core Plus Bond Fund's main objective is to achieve an annual total return, before accounting for fund expenses, that surpasses the performance of the Bloomberg Barclays U.S. Universal Bond Index. To achieve this, the fund commits at least 80% of its net assets to various U.S. dollar-denominated fixed-income securities. These include debt issued by the U.S. government and other public sector entities, asset-backed and mortgage-backed obligations originating from both domestic and international issuers, and corporate bonds from companies based in the U.S. and abroad. While the portfolio primarily consists of investment-grade debt instruments, it retains the flexibility to allocate up to 20% of its net assets to lower-rated, non-investment grade bonds, commonly referred to as "high-yield" or "junk" bonds. ### What is the expense ratio of BCOIX? Baird Core Plus Bond Fund Institutional Class (BCOIX) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations. ### What is BCOIX's dividend yield? BCOIX's trailing-twelve-month yield is 4.49%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BCOIX? Effective duration measures BCOIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BCOIX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BCOIX? BCOIX'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 BCOIX? Yield to maturity (YTM) is the total return you'd earn from BCOIX if every bond in the portfolio is held to maturity at the current price. BCOIX'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. ### Does BCOIX pay a dividend? Yes, Baird Core Plus Bond Fund Institutional Class (BCOIX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.49%. Full dividend history is on this page. ### How often does BCOIX pay dividends? Baird Core Plus Bond Fund Institutional Class pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is BCOIX's next ex-dividend date? The most recently announced ex-dividend date for BCOIX was 2026-09-28. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will BCOIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.30% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BCOIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BCOIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BCOIX cost more than a fund like VOO? BCOIX is a passive index fund (current expense ratio 0.30%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to BCOIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BCOIX (0.30%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bcoix - Distribution history: https://www.dividenddata.com/funds/bcoix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bcoix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bcoix/expenses - Peer comparison: https://www.dividenddata.com/funds/bcoix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.