# Baird Mid Cap Growth Fund - Institutional Class (BMDIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bmdix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Baird · Asset class: Equity - Strategy: Actively Managed · Inception: 2000-12-29 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... ## Key Facts | Metric | Value | |---|---| | Price | $19.62 | | Expense Ratio | 0.85% | | AUM (All Share Classes) | $1.10B | | NAV | $19.62 | | Holdings Count | — | | Distribution Yield (TTM) | 11.96% | | Annual Distribution (TTM) | $2.35 /share | | Distribution Frequency | Annual | | 52-Week Range | $18.05 – $22.34 | | Beta | 1.06 | ## Latest Distribution - Amount: $2.3460 /share - Ex-date: 2025-12-15 - Pay date: 2025-12-16 ## Frequently Asked Questions ### 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. ### Does BMDIX pay a dividend? Baird Mid Cap Growth Fund - Institutional Class (BMDIX) currently distributes little or no income. Trailing-twelve-month yield is 11.96%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BMDIX pay dividends? Baird Mid Cap Growth Fund - Institutional Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BMDIX's dividend yield? BMDIX's trailing-twelve-month yield is 11.96%, calculated from the sum of dividends over the past year divided by the current price. ### When is BMDIX's next ex-dividend date? The most recently announced ex-dividend date for BMDIX was 2025-12-15. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BMDIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.85% 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 BMDIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BMDIX'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 BMDIX cost more than a fund like VOO? BMDIX is actively managed (current expense ratio 0.85%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether BMDIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BMDIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BMDIX (0.85%) 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/bmdix - Distribution history: https://www.dividenddata.com/funds/bmdix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bmdix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bmdix/expenses - Peer comparison: https://www.dividenddata.com/funds/bmdix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.