Baird Intermediate Bond Fund Class Institutional (BIMIX)
| Fund Assets | 12.79B |
| Expense Ratio | 0.30% |
| Min. Investment | $25,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.02% |
| Dividend Growth | 2.42% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 10.46 |
| YTD Return | -0.34% |
| 1-Year Return | 4.11% |
| 5-Year Return | 6.75% |
| 52-Week Low | 10.31 |
| 52-Week High | 10.64 |
| Beta (5Y) | n/a |
| Holdings | 837 |
| Inception Date | Sep 29, 2000 |
About BIMIX
The Baird Intermediate Bond Fund Institutional Class is a mutual fund focused on intermediate-term, investment-grade U.S. fixed-income securities. Its primary objective is to achieve a total return, before expenses, that exceeds the Bloomberg Intermediate U.S. Government/Credit Bond Index. This fund is managed with an emphasis on risk control, employing a duration-neutral strategy aligned closely with its benchmark, which helps provide stability and predictability in performance. At least 80% of its assets are invested in U.S. dollar-denominated debt, including U.S. government and agency obligations, corporate debt, as well as mortgage- and asset-backed securities. Notable for its cost-efficiency, the fund maintains a low expense ratio, placing it among the most competitively priced funds in its category. With a diversified portfolio and limited exposure to lower quality credit, it is designed to serve as a core bond holding for institutional investors, offering exposure to the intermediate U.S. bond market and balancing credit quality with interest rate sensitivity. The fund’s disciplined approach and experienced management team further support its role as a reliable component in fixed-income allocations across various institutional investment strategies.
Performance
BIMIX had a total return of 4.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.95%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BIMSX | Investor | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.03623 | Mar 30, 2026 |
| Feb 25, 2026 | $0.03336 | Feb 26, 2026 |
| Jan 28, 2026 | $0.03123 | Jan 29, 2026 |
| Dec 29, 2025 | $0.04216 | Dec 30, 2025 |
| Nov 25, 2025 | $0.03502 | Nov 26, 2025 |
| Oct 27, 2025 | $0.03437 | Oct 28, 2025 |