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Baird Mid Cap Growth Institutional (BMDIX)

22.86
+0.18
+(0.79%)
At close: 8:00:07 PM EDT

Fund Summary

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the equity securities of U.S. and foreign 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. Although the fund principally invests in U.S. companies, the fund may invest up to 15% of its total assets in equity securities (consisting of common stocks, ordinary shares and ADRs) of foreign companies.

Baird Mid Cap Growth Institutional

Milwaukee, WI 53202
777 East Wisconsin Avenue

Fund Overview

Category Mid-Cap Growth
Fund Family Baird
Net Assets 1.43B
YTD Return -9.72%
Yield 0.00%
Morningstar Rating
Inception Date Dec 29, 2000

Fund Operations

Last Dividend 0.04
Last Cap Gain 30.00
Holdings Turnover 40.00%
Average for Category --

Fees & Expenses

Expense BMDIX Category Average
Annual Report Expense Ratio (net) 0.81% 1.09%
Prospectus Net Expense Ratio 0.81% --
Prospectus Gross Expense Ratio 0.81% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.36%
Max Deferred Sales Load -- 1.27%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Kenneth M. Hemauer, Lead Manager since May 01, 2010
Mr. Hemauer is Director of Research for Baird Investment Management and a Managing Director, Senior Vice President of Robert W. Baird & Co. Incorporated. He joined Baird Investment Management in 2001, after spending seven years as a Senior Analyst in the Equity Research Department of Baird where he focused on financial services companies. He received both a B.B.A. degree and an M.S. degree in Finance from the University of Wisconsin-Madison. He earned the Chartered Financial Analyst designation in 1995.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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