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Baird MidCap Inst (BMDIX) Fund Ranking and Research

Ranking, Research and Recommendation of Baird MidCap Inst (BMDIX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Baird MidCap Inst Fund (BMDIX) ManagerFund Manager - Charles F. Severson

Fund Manager Information

Fund Manager Tenure: 18.7 years
Similar Funds: BMDSX 
Fund Family: Baird
Fund Category: Mid-Cap Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.59)     (What does this score mean?)
Mr. Severson co-manages the MidCap Fund. He is a Senior Portfolio Manager and Senior Vice President of the Advisor. In 1991, Mr. Severson joined Baird Investment Management after spending four years as an Institutional Equity Salesman. Mr. Severson has served as a Senior Portfolio Manager on the Mid Cap product since its inception in 1993 and the fund since its inception in 2000. He has a B.B.A. degree in Accounting and Finance and an M.S. degree in Finance from the University of Wisconsin-Madison. Mr. Severson earned the Chartered Financial Analyst designation in 1990.  Get more insights on Charles F. Severson

 

Graph of Baird MidCap Inst Fund (BMDIX) ProfileBaird MidCap Inst Fund (BMDIX) Profile

Fund Profile and Description

Baird MidCap Inst Fund seeks long-term growth of capital. Baird MidCap Inst Fund normally invests at least 80% of net assets in the equity securities of mid-capitalization companies, principally common stocks, preferred stocks, securities convertible into common stocks and American Depositary Receipts (“ADRs”) that are traded on major U.S. exchanges. It can invest up to 15% of total assets in equity securities (including ADRs) of foreign companies. Baird MidCap Inst Fund defines mid-capitalization companies as those companies with a market capitalization within the range of companies in the Russell Midcap Growth Index at the time of investment.

 

Baird MidCap Inst (BMDIX) Fund Strength What we like about Baird MidCap Inst (BMDIX) Fund

Data for Baird MidCap Inst Fund (BMDIX) as of May 30, 2016

  • Baird MidCap Inst Fund (BMDIX) management has been with Baird MidCap Inst Fund for 18.7 years
  • Baird MidCap Inst Fund (BMDIX) has good short-term performance (1-year return -3.56% vs -5.73% Mid-Cap Growth category median performance)
  • Baird MidCap Inst Fund (BMDIX) has good Long-term performance (5-year return 9.16% vs 7.70% Mid-Cap Growth category median performance)
  • Baird MidCap Inst Fund (BMDIX) ratio of up-years vs down years is greater than 2
  • Baird MidCap Inst Fund (BMDIX) has a Morningstar rating of 4 and above
  • Asset base in Baird MidCap Inst Fund (BMDIX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Baird MidCap Inst Fund (BMDIX) is less volatile than its peers as it has a 3-year Standard Deviation of 12.33, lower than category average of 13.49
  • Baird MidCap Inst Fund (BMDIX) has a lower expense ratio than its Mid-Cap Growth average: 0.80% vs 1.28%
  • Baird MidCap Inst Fund (BMDIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Baird MidCap Inst Fund (BMDIX) Weakness What we are cautious about Baird MidCap Inst (BMDIX) Fund

Data for Baird MidCap Inst Fund (BMDIX) as of May 30, 2016

  • Baird MidCap Inst Fund (BMDIX) has a less-than-ideal mid-term performance (3-year return 7.51% vs 8.38% Mid-Cap Growth category median performance)
  • Baird MidCap Inst Fund (BMDIX) is less safe compared to its Mid-Cap Growth peers
  • Baird MidCap Inst Fund (BMDIX) has an annual stock turnover rate of 52.80% that is higher than the Mid-Cap Growth average of 50.96%. This could mean Baird MidCap Inst is more nimble, but also signal potential high tax impact and high trading fees
See Baird MidCap Inst Fund (BMDIX) performance details as of May 30, 2016

 

What do you think?

 

Compare Baird MidCap Inst Fund (BMDIX)Compare with other top Mid-Cap Growth category mutual funds

Aadditional top Mid-Cap Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Baird MidCap Inst4.20-3.567.519.16
Akre Focus Instl (AKRIX)3.591.8011.1515.02Compare
Baron Asset Instl (BARIX)1.54-1.9810.2810.08Compare
Bright Rock Mid Cap Growth Instl (BQMGX)8.534.539.875.79Compare

See top fund managers for Mid-Cap Growth Category Funds

 

Compare Baird MidCap Inst Fund (BMDIX)Compare with Mid-Cap Growth category ETFs

Some Mid-Cap Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
Guggenheim S&P MidCap 400 Pure Gr ETF (RFG)000
PowerShares Russell Midcap Pure Gr ETF (PXMG)-0.83%-6.85%5.24%
RevenueShares NavellierOverall A-100 ETF (RWV)1.16%-5.74%7.25%
iShares Morningstar Mid-Cap Growth (JKH)1.51%-5.25%9.06%
Vanguard Mid-Cap Growth ETF (VOT)3.05%-4.02%9.94%

 

Graph of Baird MidCap Inst Fund (BMDIX) Net Asset TrackingBaird MidCap Inst (BMDIX) Fund Net Asset

Track net asset change of Baird MidCap Inst fund (BMDIX)

DateNet Asset
05/2016$1.34B
03/2016$1.19B
02/2016$1.13B
More historic net asset information on Baird MidCap Inst Fund (BMDIX)

  

Graph of Baird MidCap Inst Fund (BMDIX) Portfolio TrackingBaird MidCap Inst (BMDIX) Fund Portfolio Allocation

Track portfolio allocation change of Baird MidCap Inst fund (BMDIX)

DateCashStockBondOther
03/20162.82%97.18%0%0%
12/20153.32%96.68%0%0%
09/20153.49%96.51%0%0%
Click here to see more historic asset allocation information on Baird MidCap Inst Fund (BMDIX)

 

graph of Baird MidCap Inst Fund (BMDIX) Top 10 Position TrackingTop 10 Holdings in Baird MidCap Inst (BMDIX) Fund

Discover what Baird MidCap Inst Fund (BMDIX) manager is buying

Mar 30, 2016
Fiserv, Inc. [3.67%]
LKQ Corporation [2.88%]
Genpact Ltd [2.79%]
A.O. Smith Corporation Common S [2.6%]
Fortune Brands Home & Security, [2.48%]
Euronet Worldwide, Inc. [2.4%]
Dollar General Corporation Comm [2.4%]
Hasbro, Inc. [2.33%]
Affiliated Managers Group, Inc. [2.33%]
Watsco, Inc. Common Stock [2.31%]

Dec 30, 2015
Fiserv, Inc. [3.32%]
Stericycle, Inc. [2.9%]
LKQ Corporation [2.71%]
Genpact Ltd [2.59%]
Alliance Data Systems Corporati [2.58%]
Perrigo Company plc Ordinary Sh [2.55%]
Fortune Brands Home & Security, [2.48%]
Hasbro, Inc. [2.44%]
Gartner, Inc. Common Stock [2.41%]
Church & Dwight Company, Inc. C [2.31%]

Sep 29, 2015
Fiserv, Inc. [3.12%]
Stericycle, Inc. [3.11%]
Fortinet, Inc. [2.79%]
Perrigo Company plc Ordinary Sh [2.75%]
LKQ Corporation [2.57%]
Tractor Supply Company [2.52%]
Genpact Ltd [2.44%]
Buffalo Wild Wings, Inc. [2.3%]
Hasbro, Inc. [2.29%]
Click here for Stock Holding Change Map in Baird MidCap Inst Fund (BMDIX)

  

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