The Baird Mid Cap Growth Strategy invests in U.S. mid-cap companies and is managed with a strong emphasis on risk control and a long-term perspective. The team strongly believes in having a true mid-cap product, with the majority of the portfolio invested in companies between $2B and $15B in market cap. The primary investment goal is to provide consistent, superior-to-market returns at a risk posture less than that of the market (vs. the Russell Midcap Growth Index). The team does this by finding companies for inclusion in the portfolio that have better growth prospects and capital structures than peers.
- A concentrated portfolio of generally 50–60 stocks
- A majority of market cap range from $2 billion to $15 billion
- The average position is 1%–3%, not to exceed 5%
- Sector weights 75%–125% relative to the benchmark, generally limited to 30% of portfolio
For more information, contact Todd Haschker or the Intermediary Specialist in your region.
|3 Months||YTD||1-Year||3-Year||5-Year||10-Year||Since Inception||Inception Date|
|Baird Mid Cap Growth Equity (gross)||5.74||27.97||27.97||9.79||13.43||9.74||12.09||6/30/93|
|Baird Mid Cap Growth Equity (net)||5.56||27.08||27.08||9.02||12.63||9.07||11.49||6/30/93|
|Russell MidCap® Index||6.81||25.27||25.27||10.30||15.30||9.10||10.00|
|Baird Mid Cap Growth Equity (gross)||29.97||6.37||-2.78||5.80||34.13||17.64||5.60||28.17||41.75||-40.25||21.18|
|Russell Midcap Growth Index||25.27||7.33||-0.20||11.90||35.75||15.82||-1.66||26.38||46.29||-44.32||11.43|
*Data as of 12/31/17