Baird Equity Asset Management’s Small/Mid Cap Value portfolio invests in small- to medium-cap U.S. companies and seeks to provide superior risk-adjusted returns and consistently outperform the benchmark Russell 2500 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 $300 million to $10 billion at purchase
- Top holdings generally limited to 5% at cost, 8% at market
- Sectors capped at 30% excluding financials
- 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/Mid Cap Value (gross)||2.55||0.49||16.45||8.40||12.19||7.85||11.98||1/1/00|
|Baird Small/Mid Cap Value (net)||2.35||0.09||15.25||7.42||11.27||6.92||10.97||1/1/00|
|Russell 2500 Value Index||5.80||3.00||11.49||9.76||10.78||10.10||10.23|
|Baird Small/Mid Cap Value (gross)||22.89||9.90||0.17||9.47||36.88||17.30||6.15||10.29||29.40||-38.74||24.22|
|Russell 2500 Value Index||10.36||25.20||-5.49||7.11||33.32||19.21||-3.36||24.82||27.68||-31.99||-7.27|
*Data as of 6/30/18