Baird Mid Cap Growth Fund Institutional Class (BMDIX)

Fund Assets	483.93M
Expense Ratio	0.85%
Min. Investment	$25,000
Turnover	63.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	19.41
YTD Return	2.05%
1-Year Return	-4.00%
5-Year Return	-17.97%
52-Week Low	18.05
52-Week High	22.58
Beta (5Y)	1.05
Holdings	53
Inception Date	Dec 29, 2000

About BMDIX

The Baird Mid Cap Growth Fund Institutional Class is a mutual fund that aims for long-term capital growth by investing primarily in U.S. mid-cap companies with robust growth prospects. Managed by an experienced team with a strong emphasis on risk control, the fund seeks to outperform the market while maintaining a risk profile lower than that of the broader mid-cap growth category. Its portfolio typically focuses on established businesses with proven leadership and solid capital structures, targeting sectors such as technology, healthcare, consumer cyclical, and industrials. Notable holdings often include companies like Penumbra Inc, Broadridge Financial Solutions Inc, and Casey's General Stores Inc. The fund may also allocate up to 15% of its assets to international equities. With a net expense ratio of approximately 0.81%-0.82%, the fund is positioned for institutional investors seeking exposure to dynamic U.S. mid-cap growth stocks and disciplined portfolio management within the equity market.

• Fund Family: Baird
• Category: Mid-Cap Growth
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: BMDIX
• Share Class: Institutional
• Index: Russell MidCap Growth TR

Performance

BMDIX had a total return of -4.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.14%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VMGRX	Vanguard	Vanguard Mid-Cap Growth Fund Investor Shares	0.33%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
BMDSX	Investor	1.10%

Top 10 Holdings

45.66% of assets

Name	Symbol	Weight
First American Government Obligs U	FGUXX	23.08%
Victoria's Secret & Co.	VSXY	2.89%
Fastenal Company	FAST	2.87%
XPO, Inc.	XPO	2.63%
Illumina, Inc.	ILMN	2.47%
Repligen Corporation	RGEN	2.46%
MSCI Inc.	MSCI	2.39%
Veeva Systems Inc.	VEEV	2.33%
HEICO Corporation	HEI	2.27%
DexCom, Inc.	DXCM	2.25%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 15, 2025	$2.34595	Dec 16, 2025
Dec 16, 2024	$0.97037	Dec 17, 2024
Dec 14, 2023	$0.54813	Dec 15, 2023
Dec 15, 2022	$0.34264	Dec 16, 2022
Dec 16, 2021	$4.81824	Dec 17, 2021
Dec 17, 2019	$1.24317	Dec 18, 2019

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 24, 2026

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