- What does BMDIX invest in?
- This fund primarily allocates its assets, typically at least 80% of its net worth (including any borrowed capital), to equity investments in mid-capitalization companies, both domestic and international. These holdings mainly encompass common stocks, preferred stocks, securities exchangeable for common stock, and American Depositary Receipts (ADRs) that trade on major U.S. exchanges. Although the fund predominantly invests in U.S. corporations, it has the flexibility to commit up to 15% of its overall assets to foreign equity securities, which may include common stocks, ordinary shares, and ADRs.
- What is the expense ratio of BMDIX?
- Baird Mid Cap Growth Fund - Institutional Class (BMDIX) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BMDIX?
- Baird Mid Cap Growth Fund - Institutional Class (BMDIX) is one share class of a fund that manages $1.10B across all of its share classes (BMDSX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is BMDIX actively managed or an index fund?
- BMDIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BMDIX's is 0.85%) in exchange for the discretion to over- or under-weight positions.
- When was BMDIX launched?
- Baird Mid Cap Growth Fund - Institutional Class (BMDIX) launched in December 2000 and is managed by Baird.
- How has BMDIX performed?
- BMDIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
