BSGIX
Small/Mid Cap Growth Fund
inception date
10/31/2018
cusip
057071540
total fund aum (millions)
$164.40
As of 11/30/2023
gross/net expense ratio %
0.98/0.85
morningstar category
Mid-Cap Growth
Overview
The Baird Small/Mid Cap Growth Fund is a high conviction portfolio of 60-70 stocks, with a strong emphasis on fundamental, bottom-up research to discover unique, secular growth stories that we believe can drive above average sales and earnings growth. The team strongly believes in having a true “smid” portfolio invested in companies primarily between $500 million and $15 billion in market cap. The primary investment goal is to provide superior-to-market returns over a 3-5 year time horizon versus the Russell 2500 Growth Index. The team does this by finding companies for inclusion in the portfolio that have stronger growth, more favorable industry dynamics and competitive positioning, and the opportunity to expand profit margins.
Performance
ALL DATA AS OF 11/30/2023
1 Month | 3 Month | YTD | 1 Year | 3 Years | 5 Years | Since Inception | |
---|---|---|---|---|---|---|---|
Small/Mid Cap Growth Fund | 9.22 | -5.09 | 3.40 | -1.50 | -1.53 | 9.42 | 9.43 |
Russell 2500 Growth Index | 8.86 | -4.79 | 7.01 | 0.64 | -3.42 | 6.62 | 6.90 |
Morningstar Ratings
MORNINGSTAR RATINGS BASED ON RISK ADJUSTED RETURNS AS OF 11/30/2023
Category | Overall | 3 Year | 5 Year | |
---|---|---|---|---|
Small/Mid Cap Growth Fund | Mid-Cap Growth |
(520 funds)
|
(520 funds)
|
(492 funds)
|
Distributions
Time Period
Type | Record Date | Reinvest Date | Payable Date | Amount per Share ($) | Reinvest Price ($) |
---|---|---|---|---|---|
Long Term Capital Gain | 12/14/2022 | 12/15/2022 | 12/16/2022 | 0.09850000 | 14.57 |
This fund pays annual distributions in December
Portfolio Characteristics
ALL DATA AS OF 9/30/2023
Security | % of Fund |
---|---|
PTC Inc. | 3.40% |
Kinsale Capital Group, Inc. | 2.67% |
ICON Plc | 2.60% |
RBC Bearings Incorporated | 2.60% |
BWX Technologies, Inc. | 2.59% |
Watsco, Inc. | 2.49% |
Deckers Outdoor Corporation | 2.48% |
Kadant Inc. | 2.40% |
Pool Corporation | 2.39% |
IDEX Corporation | 2.34% |