BMDSX Performance — Baird Mid Cap Growth Fund, Investor Class
Data updated: 2026-08-14
BMDSX returned +9.16% year to date and +1.52% over one year to Jun 2026. Annualised returns are +0.18% over 3 years and −1.11% over 5 years. The fund trailed its US Mid-Cap Growth category average: $100 invested three years ago grew to $101, against $152 for the category, and to $102 over one year, against $118. Volatility over the past three years was 16.66% a year. In the 12 months to Jun 2026 the fund lost a net $639.8M, and assets reached $639.63M.
BMDSX Growth of $100
What $100 invested in Baird Mid Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | BMDSX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $102 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $101 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $95 | $129 |
| Since data start (Jul 2019 – Jun 2026) | $149 | $203 |
BMDSX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.16% |
| 1 year | +1.52% |
| 3 years (annualised) | +0.18% |
| 5 years (annualised) | −1.11% |
BMDSX Annual Returns
Calendar-year total returns of Baird Mid Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.16% |
| 2025 | −9.52% |
| 2024 | −1.15% |
| 2023 | +19.85% |
| 2022 | −27.83% |
| 2021 | +22.26% |
| 2020 | +34.34% |
| 2019 (Jul–Dec) | +7.56% |
BMDSX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.2% | +3.0% | −7.1% | +6.0% | +1.3% | +4.0% | — | — | — | — | — | — |
| 2025 | +3.1% | −6.2% | −6.7% | −0.1% | +4.9% | +2.8% | +1.6% | −0.7% | −3.6% | −1.6% | −1.5% | −1.4% |
| 2024 | −2.7% | +5.4% | +2.0% | −8.2% | +0.9% | −1.7% | +2.6% | +1.1% | +1.4% | −1.6% | +7.9% | −7.0% |
| 2023 | +10.0% | −0.8% | +2.0% | −0.9% | −1.8% | +7.5% | +1.5% | −4.6% | −5.9% | −6.8% | +10.9% | +9.4% |
| 2022 | −13.8% | −2.8% | +0.6% | −12.2% | +0.4% | −6.8% | +15.3% | −4.2% | −9.0% | +5.5% | +4.7% | −6.1% |
| 2021 | −2.3% | +3.0% | +0.7% | +5.7% | −2.0% | +4.1% | +5.3% | +4.7% | −5.3% | +7.1% | −2.1% | +2.3% |
| 2020 | +0.8% | −6.5% | −14.5% | +15.7% | +9.6% | +2.0% | +6.6% | +2.8% | −0.8% | +0.4% | +9.8% | +7.6% |
| 2019 | — | — | — | — | — | — | +2.3% | −0.3% | −0.3% | +0.1% | +4.1% | +1.5% |
BMDSX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.66%
- 3-year Sharpe ratio: -0.26 (vs 4.5% risk-free rate)
- Best month: +10.86% (Nov 2023)
- Worst month: −8.18% (Apr 2024)
BMDSX Fund Flows
Monthly money in and out of Baird Mid Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$639.8M
- 12-month gross sales (incl. reinvestments): $212.6M
- Sales ÷ redemptions: 0.25×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.3M | $26.1M | −$23.8M |
| May 2026 | $7.7M | $55.4M | −$47.7M |
| Apr 2026 | $4.2M | $94.7M | −$90.5M |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $7.8M | $71.7M | −$63.9M |
| Jan 2026 | $15.1M | $70.8M | −$55.7M |
| Dec 2025 | $110.6M | $163.3M | −$52.6M |
| Nov 2025 | $14.9M | $47.1M | −$32.2M |
| Oct 2025 | $7.5M | $85.2M | −$77.7M |
| Sep 2025 | $14.4M | $48.5M | −$34.0M |
| Aug 2025 | $6.6M | $100.3M | −$93.8M |
| Jul 2025 | $21.4M | $89.3M | −$67.9M |
BMDSX Assets Under Management
Net assets of Baird Mid Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $639.63M |
| 2026-03-31 | $726.65M |
| 2025-12-31 | $914.81M |
| 2025-09-30 | $1.23B |
| 2025-06-30 | $1.46B |
| 2025-03-31 | $1.46B |
| 2024-12-31 | $1.98B |
| 2024-09-30 | $2.20B |
| 2024-06-30 | $2.23B |
| 2024-03-31 | $2.59B |
| 2023-12-31 | $2.53B |
| 2023-09-30 | $2.29B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.