Baird Mid Cap Growth Fund - Investor Class
BMDSX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Baird Mid Cap Growth Fund - Investor Class (BMDSX) is an open-end mutual fund managed by Robert W. Baird & Co. Incorporated, focusing on long-term capital appreciation through investments primarily in common stocks of mid-cap growth companies with market capitalizations generally between $2 billion and $25 billion. The fund employs a fundamental, bottom-up research process to select securities exhibiting strong earnings growth potential, competitive advantages, and attractive valuations; it maintains a diversified portfolio across sectors such as technology, healthcare, consumer discretionary, industrials, and financials, with typical holdings including companies like Gartner, Inc., Cooper Companies, Inc., and Kinsale Capital Group, Inc. Investor Class shares (ticker: BMDSX) are available to retail investors with a minimum initial investment of $2,500, featuring an expense ratio of approximately 0.92% and no sales load. Established in 2000 and domiciled in the United States with administrative operations in Milwaukee, Wisconsin—the headquarters of Baird—the fund operates within the broader asset management division of Baird, a full-service investment bank and wealth management firm founded in 1919 that oversees approximately $430 billion in client assets as of late 2025. It targets growth-oriented investors seeking exposure to U.S. mid-cap equities, complementing Baird's suite of mutual funds including fixed income, large-cap, and international offerings; the fund is part of Baird Funds, Inc., with no notable subsidiaries but backed by Baird's institutional research platform. In recent developments, the fund benefited from Baird's strategic expansion in 2024-2025, including the acquisition of Abound Financial LLC to enhance retirement plan services and a partnership with SEI Investments to bolster middle-market banking capabilities, indirectly supporting fund distribution and research resources. It launched no major new share classes but adjusted its portfolio amid market volatility, increasing allocations to AI-driven technology and resilient healthcare firms; performance through Q3 2025 showed annualized returns of about 12.5% over five years, outperforming mid-cap growth benchmarks following tactical shifts away from overvalued cyclicals. No significant reorganizations or name changes occurred within the last two years.