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Morningstar

Baird Aggregate Bond Inst BAGIX

Morningstar Medalist Rating
Medalist Rating as of | See Baird Investment Hub
  • NAV / 1-Day Return 9.71  /  0.41 %
  • Total Assets 38.2 Bil
  • Adj. Expense Ratio
    0.300%
  • Expense Ratio 0.300%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 3.04%
  • Effective Duration 6.33 years

USD | NAV as of Jun 08, 2023 | 1-Day Return as of Jun 08, 2023, 10:11 PM GMT+0

Morningstar’s Analysis BAGIX

Will BAGIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BAGIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the BAGIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of BAGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An excellent team and process to match.

Director Alec Lucas

Alec Lucas

Director

Summary

Appreciation for how Baird Aggregate Bond’s’ capable and collaborative investing culture pairs with the firm’s simple but effective style earns an upgrade of the investor shares’ Morningstar Analyst Rating to Gold from Silver, while its institutional shares remain Gold.

by Alec Lucas
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BAGIX

More BAGIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 1645
  • Other Holdings 9
  • % Assets in Top 10 Holdings 18.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 2.5%

3.37
1,261,327,357
Government

United States Treasury Bonds 2.88%

2.46
919,705,431
Government

United States Treasury Notes 2.88%

2.37
887,809,325
Government

United States Treasury Notes 1.13%

2.37
886,463,936
Government

United States Treasury Notes 1.13%

1.97
737,789,759
Government

United States Treasury Bonds 1.38%

1.91
713,912,641
Government

First American Government Obligs U

1.87
701,177,892
Cash and Equivalents

United States Treasury Notes 2.38%

1.15
432,025,772
Government

United States Treasury Notes 1.5%

1.14
427,218,695
Government

United States Treasury Notes 2.88%

1.10
413,459,227
Government