Baird Aggregate Bond Fund Quote
| BAGIX Fund | USD 9.50 0.01 0.11% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Baird Aggregate is trading at 9.50 as of the 19th of April 2024; that is 0.11% increase since the beginning of the trading day. The fund's open price was 9.49. Baird Aggregate has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Baird Aggregate Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2022 and ending today, the 19th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in the following types of U.S. dollar-denominated debt obligations U.S. government and other public-sector entities asset-backed and mortgage-backed obligations of U.S. and foreign issuers corporate debt of U.S. More on Baird Aggregate Bond
Moving together with Baird Mutual Fund
| 1.0 | BAGSX | Baird Aggregate Bond | PairCorr |
| 0.99 | BCOSX | Baird E Plus | PairCorr |
| 0.99 | BCOIX | Baird E Plus | PairCorr |
Baird Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Baird Aggregate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Baird Aggregate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Baird Funds, Large Funds, Intermediate Core Bond Funds, Intermediate Core Bond, Baird (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Baird Aggregate Bond [BAGIX] is traded in USA and was established 19th of April 2024. Baird Aggregate is listed under Baird category by Fama And French industry classification. The fund is listed under Intermediate Core Bond category and is part of Baird family. This fund currently has accumulated 39.28 B in assets under management (AUM) with minimum initial investment of 10 K. Baird Aggregate Bond is currently producing year-to-date (YTD) return of 6.43% with the current yeild of 0.01%, while the total return for the last 3 years was -2.91%.
Check Baird Aggregate Probability Of Bankruptcy
Instrument Allocation
Top Baird Aggregate Bond Mutual Fund Constituents
| FGUXX | First American Funds | Money Market Fund | US Money Market Fund |
Baird Aggregate Target Price Odds Analysis
Based on a normal probability distribution, the odds of Baird Aggregate jumping above the current price in 90 days from now is about 99.0%. The Baird Aggregate Bond probability density function shows the probability of Baird Aggregate mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Baird Aggregate has a beta of 0.2423 suggesting as returns on the market go up, Baird Aggregate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Baird Aggregate Bond will be expected to be much smaller as well. Additionally, baird Aggregate Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Baird Aggregate to move above the current price in 90 days from now is about 99.0 (This Baird Aggregate Bond probability density function shows the probability of Baird Mutual Fund to fall within a particular range of prices over 90 days) .
Baird Aggregate Top Holders
| SWCRX | Schwab Target 2020 | Mutual Fund | Target-Date 2020 |
| MMDCX | Madison Moderate Allocation | Mutual Fund | Allocation--50% to 70% Equity |
| MCOCX | Madison Servative Allocation | Mutual Fund | Allocation--15% to 30% Equity |
| SWBRX | Schwab Target 2010 | Mutual Fund | Target-Date 2000-2010 |
| SWGRX | Schwab Target 2015 | Mutual Fund | Target-Date 2015 |
| MMDAX | Madison Moderate Allocation | Mutual Fund | Allocation--50% to 70% Equity |
| MCNBX | Madison Servative Allocation | Mutual Fund | Allocation--15% to 30% Equity |
Baird Aggregate Bond Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Baird Aggregate market risk premium is the additional return an investor will receive from holding Baird Aggregate long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Baird Aggregate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Baird Aggregate's alpha and beta are two of the key measurements used to evaluate Baird Aggregate's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2976 | |||
| Standard Deviation | 0.3854 | |||
| Variance | 0.1486 | |||
| Risk Adjusted Performance | (0.06) |
Baird Aggregate Against Markets
Picking the right benchmark for Baird Aggregate mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Baird Aggregate mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Baird Aggregate is critical whether you are bullish or bearish towards Baird Aggregate Bond at a given time. Please also check how Baird Aggregate's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Baird Aggregate without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Funds Screener Now
Funds ScreenerFind actively-traded funds from around the world traded on over 30 global exchanges |
| All Next | Launch Module |
How to buy Baird Mutual Fund?
Before investing in Baird Aggregate, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Baird Aggregate. To buy Baird Aggregate fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Baird Aggregate. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Baird Aggregate fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Baird Aggregate Bond fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Baird Aggregate Bond fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Baird Aggregate Bond, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Baird Aggregate Bond?
The danger of trading Baird Aggregate Bond is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Baird Aggregate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Baird Aggregate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Baird Aggregate Bond is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baird Aggregate Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.