Bond fund or fixed income fund is essential for short- and long-term investor. Bond fund provides a regular income for investor to withstand volatile market. One of the best bond funds is Baird Core Plus Bond. You can use this bond fund to diversify your portfolio. The fund's review is described below.
Baird Core Plus Bond Investor (MUTF: BCOSX)
The Baird Core Plus Bond fund objective is to seek an annual rate of total return greater than the annual rate of total return of the Barclays Capital U.S. Universal Bond Index. The fund typically invests >80% of assets in the following types of U.S. dollar-denominated debt securities such as: U.S. government, U.S. government agencies, asset-backed & mortgage-backed obligations of U.S. issuers, and corporate debt of U.S. & foreign issuers. It invests mainly in investment-grade debt securities, but can invest <20% of net assets in non-investment grade securities. Average quality for the fund is generally at least the third highest category of S&P or Moody's.
BCOSX Fund Details
Baird Core Plus Bond Investor (MUTF: BCOSX)
The Baird Core Plus Bond fund objective is to seek an annual rate of total return greater than the annual rate of total return of the Barclays Capital U.S. Universal Bond Index. The fund typically invests >80% of assets in the following types of U.S. dollar-denominated debt securities such as: U.S. government, U.S. government agencies, asset-backed & mortgage-backed obligations of U.S. issuers, and corporate debt of U.S. & foreign issuers. It invests mainly in investment-grade debt securities, but can invest <20% of net assets in non-investment grade securities. Average quality for the fund is generally at least the third highest category of S&P or Moody's.
BCOSX Fund Details
Baird Core Plus Bond Investor |
- Fund Inception Date: September 29, 2000
- Ticker Symbol: BCOSX
- CUSIP: 057071888
- Beta (3yr): 0.96
- Rank in category (YTD): 17
- Category: Intermediate-Term Bond
- Distribution: 4.62%
- Capital Gains: N/A
- Number of Years Up: 9 years
- Number of Years Down: 1 year
- Net Assets: $578.01 million
- Average Duration: 5.14 years
- Average Maturity: 7.29 years