About BAGIX
Baird Aggregate Bond Fund Institutional Class is an open-end mutual fund specializing in broad exposure to the U.S. investment-grade bond market. Its primary function is to seek a total return exceeding that of the Bloomberg U.S. Aggregate Bond Index by employing a risk-controlled, duration-neutral strategy. The fund invests at least 80% of its assets in U.S. dollar-denominated debt, including government, corporate, mortgage-backed, and asset-backed securities, and may also incorporate bonds from foreign issuers denominated in dollars. This approach ensures diversification across key fixed-income sectors, helping to buffer portfolio volatility while producing regular income through monthly dividend distributions. Recognized within the intermediate core bond category, the fund maintains moderate interest rate sensitivity and credit quality, making it suitable for institutional investors seeking stable, long-term returns and capital preservation. Its significant asset base underscores its importance in the fixed-income mutual fund landscape, offering broad market representation and serving as a foundational allocation in diversified institutional portfolios.
Fund Family Baird
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol BAGIX
Share Class Institutional
Index Bloomberg U.S. Aggregate Bond TR
BAGIX had a total return of -2.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.96%.
