- What does BMDSX invest in?
- The Baird Mid Cap Growth Fund typically dedicates a minimum of 80% of its net assets, along with any funds acquired through borrowing, to equity investments in mid-sized companies. These investments predominantly comprise common stocks, preferred stocks, securities convertible into common stock, and American Depositary Receipts (ADRs) issued by both U.S. and international mid-capitalization firms, provided they are traded on prominent U.S. exchanges. Although the portfolio largely concentrates on U.S.-based enterprises, it maintains the option to allocate up to 15% of its total assets to foreign equity holdings, encompassing common shares, ordinary shares, and ADRs from non-U.S. companies.
- What is the expense ratio of BMDSX?
- Baird Mid Cap Growth Fund - Investor Class (BMDSX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BMDSX?
- Baird Mid Cap Growth Fund - Investor Class (BMDSX) is one share class of a fund that manages $1.11B across all of its share classes (BMDIX 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 BMDSX actively managed or an index fund?
- BMDSX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BMDSX's is 1.10%) in exchange for the discretion to over- or under-weight positions.
- When was BMDSX launched?
- Baird Mid Cap Growth Fund - Investor Class (BMDSX) launched in December 2000 and is managed by Baird.
- How has BMDSX performed?
- BMDSX'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.
