# Baird Mid Cap Growth Fund - Investor Class (BMDSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bmdsx 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 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 fo... ## Key Facts | Metric | Value | |---|---| | Price | $17.39 | | Expense Ratio | 1.10% | | AUM (All Share Classes) | $1.11B | | NAV | $17.39 | | Holdings Count | — | | Distribution Yield (TTM) | 13.49% | | Annual Distribution (TTM) | $2.35 /share | | Distribution Frequency | Annual | | 52-Week Range | $16.02 – $20.13 | | Beta | 1.06 | ## Latest Distribution - Amount: $2.3460 /share - Ex-date: 2025-12-15 - Pay date: 2025-12-16 ## Frequently Asked Questions ### 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. ### Does BMDSX pay a dividend? Baird Mid Cap Growth Fund - Investor Class (BMDSX) currently distributes little or no income. Trailing-twelve-month yield is 13.49%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BMDSX pay dividends? Baird Mid Cap Growth Fund - Investor 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 BMDSX's dividend yield? BMDSX's trailing-twelve-month yield is 13.49%, calculated from the sum of dividends over the past year divided by the current price. ### When is BMDSX's next ex-dividend date? The most recently announced ex-dividend date for BMDSX 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 BMDSX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.10% 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 BMDSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BMDSX'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 BMDSX cost more than a fund like VOO? BMDSX is actively managed (current expense ratio 1.10%). 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 BMDSX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BMDSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BMDSX (1.10%) 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/bmdsx - Distribution history: https://www.dividenddata.com/funds/bmdsx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bmdsx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bmdsx/expenses - Peer comparison: https://www.dividenddata.com/funds/bmdsx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.