Baird Equity Asset Management’s Small Cap Value portfolio invests in domestic small-cap companies and seeks to provide superior risk-adjusted returns and consistently outperform the benchmark Russell 2000 Value Index over a full market cycle (typically 3–5 years). The portfolio comprises companies we expect to exceed street expectations and that trade at discounts to our proprietary calculations of fair value. To help control risks, the portfolio is generally diversified among companies in a broad range of industries and economic sectors.
- A concentrated portfolio of generally 40–50 stocks
- A market cap range typically from $100 million to $2.5 billion at purchase
- Top holdings generally limited to 5% at cost, 8% at market
- Sectors capped at 30% excluding financials
- A buy-and-hold approach
For more information, contact Rob Zwiebel or the Intermediary Specialist in your region.
|3 Months||YTD||1-Year||3-Year||5-Year||10-Year||Since Inception||Inception Date|
|Baird Small Cap Value (gross)||5.01||1.94||17.27||9.71||10.93||6.55||9.82||3/1/05|
|Baird Small Cap Value (net)||4.91||1.70||16.66||9.13||10.35||5.80||8.98||3/1/05|
|Russell 2000 Value Index||8.30||5.44||13.10||11.22||11.18||9.88||7.89|
|Baird Small Cap Value (gross)||19.48||16.35||-4.06||1.45||41.50||16.51||4.76||10.72||17.86||-36.61||34.06|
|Russell 2000 Value Index||7.84||31.74||-7.47||4.22||34.52||18.05||-5.50||24.50||20.58||-28.92||-9.78|
*Data as of 6/30/18