Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
5.9%
1 yr return
14.5%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
0.8%
Net Assets
$17.4 B
Holdings in Top 10
10.0%
Expense Ratio 0.34%
Front Load N/A
Deferred Load N/A
Turnover 153.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | BBTBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.9% | -2.4% | 12.8% | 34.69% |
1 Yr | 14.5% | -5.4% | 26.6% | 41.12% |
3 Yr | -0.9%* | -10.0% | 28.9% | 25.40% |
5 Yr | 0.8%* | -7.0% | 59.3% | 35.08% |
10 Yr | 1.7%* | -2.4% | 74.3% | 59.09% |
* Annualized
Period | BBTBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.4% | -16.2% | 8.1% | 34.29% |
2022 | -15.4% | -34.7% | 131.9% | 31.32% |
2021 | -3.4% | -11.6% | 4.4% | 50.82% |
2020 | 3.6% | -10.1% | 946.1% | 57.84% |
2019 | 5.5% | -1.7% | 16.9% | 55.82% |
Period | BBTBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.9% | -2.4% | 12.8% | 34.69% |
1 Yr | 14.5% | -5.4% | 26.6% | 41.12% |
3 Yr | -0.9%* | -10.0% | 28.9% | 25.40% |
5 Yr | 0.8%* | -7.0% | 59.3% | 35.08% |
10 Yr | 1.7%* | -2.4% | 74.3% | 59.09% |
* Annualized
Period | BBTBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | -11.3% | 11.9% | 23.88% |
2022 | -12.9% | -32.2% | 131.9% | 26.62% |
2021 | -1.1% | -9.4% | 9.2% | 54.74% |
2020 | 8.8% | -1.9% | 1009.0% | 38.90% |
2019 | 9.2% | 1.1% | 21668.0% | 40.54% |
BBTBX | Category Low | Category High | BBTBX % Rank | |
---|---|---|---|---|
Net Assets | 17.4 B | 2.9 M | 314 B | 14.01% |
Number of Holdings | 4879 | 1 | 17787 | 4.98% |
Net Assets in Top 10 | 1.71 B | 1.62 M | 36.1 B | 18.72% |
Weighting of Top 10 | 10.04% | 4.4% | 432.9% | 92.44% |
Weighting | Return Low | Return High | BBTBX % Rank | |
---|---|---|---|---|
Bonds | 98.53% | 0.00% | 993.61% | 32.49% |
Other | 4.55% | -16.55% | 52.94% | 48.32% |
Stocks | 2.31% | 0.00% | 99.99% | 7.31% |
Convertible Bonds | 1.82% | 0.00% | 7.93% | 35.86% |
Preferred Stocks | 0.01% | 0.00% | 71.02% | 25.13% |
Cash | 0.00% | -54.51% | 237.69% | 98.88% |
Weighting | Return Low | Return High | BBTBX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | N/A |
Technology | 0.00% | 0.00% | 43.45% | N/A |
Real Estate | 0.00% | 0.00% | 99.26% | N/A |
Industrials | 0.00% | 0.00% | 48.31% | N/A |
Healthcare | 0.00% | 0.00% | 17.70% | N/A |
Financial Services | 0.00% | 0.00% | 100.00% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 99.67% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 100.00% | N/A |
Weighting | Return Low | Return High | BBTBX % Rank | |
---|---|---|---|---|
US | 2.31% | 0.00% | 99.99% | 7.32% |
Non US | 0.00% | 0.00% | 86.16% | 97.66% |
Weighting | Return Low | Return High | BBTBX % Rank | |
---|---|---|---|---|
Securitized | 41.55% | 0.00% | 98.40% | 20.39% |
Government | 26.67% | 0.00% | 86.23% | 45.29% |
Corporate | 26.54% | 0.00% | 100.00% | 61.78% |
Derivative | 4.55% | -1.41% | 44.82% | 3.76% |
Municipal | 0.66% | 0.00% | 100.00% | 35.55% |
Cash & Equivalents | 0.00% | -0.46% | 237.69% | 99.39% |
Weighting | Return Low | Return High | BBTBX % Rank | |
---|---|---|---|---|
US | 98.53% | 0.00% | 993.61% | 29.70% |
Non US | 0.00% | 0.00% | 35.41% | 98.47% |
BBTBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.34% | 0.01% | 39.64% | 89.67% |
Management Fee | 0.32% | 0.00% | 1.76% | 39.77% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
BBTBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
BBTBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BBTBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 153.00% | 2.00% | 493.39% | 55.25% |
BBTBX | Category Low | Category High | BBTBX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.22% | 0.00% | 10.11% | 37.87% |
BBTBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | SemiAnnual | Monthly | Monthly |
BBTBX | Category Low | Category High | BBTBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.19% | -1.28% | 4.79% | 21.44% |
BBTBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Aug 30, 2024 | $0.032 | OrdinaryDividend |
Jul 31, 2024 | $0.031 | OrdinaryDividend |
Apr 30, 2024 | $0.031 | OrdinaryDividend |
Mar 28, 2024 | $0.031 | OrdinaryDividend |
Feb 29, 2024 | $0.030 | OrdinaryDividend |
Jan 31, 2024 | $0.031 | OrdinaryDividend |
Dec 29, 2023 | $0.034 | OrdinaryDividend |
Nov 30, 2023 | $0.030 | OrdinaryDividend |
Oct 31, 2023 | $0.030 | OrdinaryDividend |
Sep 29, 2023 | $0.029 | OrdinaryDividend |
Aug 31, 2023 | $0.030 | OrdinaryDividend |
Jul 31, 2023 | $0.028 | OrdinaryDividend |
Jun 30, 2023 | $0.029 | OrdinaryDividend |
May 31, 2023 | $0.028 | OrdinaryDividend |
Apr 28, 2023 | $0.028 | OrdinaryDividend |
Mar 31, 2023 | $0.028 | OrdinaryDividend |
Feb 28, 2023 | $0.025 | OrdinaryDividend |
Jan 31, 2023 | $0.027 | OrdinaryDividend |
Dec 30, 2022 | $0.027 | OrdinaryDividend |
Nov 30, 2022 | $0.025 | OrdinaryDividend |
Oct 31, 2022 | $0.025 | OrdinaryDividend |
Sep 30, 2022 | $0.024 | OrdinaryDividend |
Aug 31, 2022 | $0.023 | OrdinaryDividend |
Jul 29, 2022 | $0.021 | OrdinaryDividend |
Jun 30, 2022 | $0.021 | OrdinaryDividend |
May 31, 2022 | $0.020 | OrdinaryDividend |
Apr 29, 2022 | $0.019 | OrdinaryDividend |
Mar 31, 2022 | $0.020 | OrdinaryDividend |
Jan 31, 2022 | $0.019 | OrdinaryDividend |
Dec 31, 2021 | $0.019 | OrdinaryDividend |
Dec 22, 2021 | $0.002 | CapitalGainShortTerm |
Dec 22, 2021 | $0.015 | CapitalGainLongTerm |
Nov 30, 2021 | $0.018 | OrdinaryDividend |
Oct 29, 2021 | $0.018 | OrdinaryDividend |
Sep 30, 2021 | $0.019 | OrdinaryDividend |
Aug 31, 2021 | $0.019 | OrdinaryDividend |
Jul 30, 2021 | $0.019 | OrdinaryDividend |
Jun 30, 2021 | $0.019 | OrdinaryDividend |
May 28, 2021 | $0.020 | OrdinaryDividend |
Apr 30, 2021 | $0.020 | OrdinaryDividend |
Mar 31, 2021 | $0.020 | OrdinaryDividend |
Feb 26, 2021 | $0.019 | OrdinaryDividend |
Jan 29, 2021 | $0.021 | OrdinaryDividend |
Dec 11, 2020 | $0.083 | CapitalGainShortTerm |
Dec 11, 2020 | $0.150 | CapitalGainLongTerm |
Nov 30, 2020 | $0.024 | OrdinaryDividend |
Oct 30, 2020 | $0.023 | OrdinaryDividend |
Sep 30, 2020 | $0.023 | OrdinaryDividend |
Aug 31, 2020 | $0.024 | OrdinaryDividend |
Jul 31, 2020 | $0.025 | OrdinaryDividend |
Jun 30, 2020 | $0.025 | OrdinaryDividend |
May 29, 2020 | $0.026 | OrdinaryDividend |
Apr 30, 2020 | $0.026 | OrdinaryDividend |
Mar 31, 2020 | $0.029 | OrdinaryDividend |
Feb 28, 2020 | $0.025 | OrdinaryDividend |
Jan 31, 2020 | $0.026 | OrdinaryDividend |
Dec 31, 2019 | $0.028 | OrdinaryDividend |
Dec 13, 2019 | $0.021 | CapitalGainShortTerm |
Dec 13, 2019 | $0.006 | CapitalGainLongTerm |
Nov 29, 2019 | $0.026 | OrdinaryDividend |
Oct 31, 2019 | $0.027 | OrdinaryDividend |
Sep 30, 2019 | $0.027 | OrdinaryDividend |
Aug 30, 2019 | $0.028 | OrdinaryDividend |
Jul 31, 2019 | $0.028 | OrdinaryDividend |
May 31, 2019 | $0.028 | OrdinaryDividend |
Apr 30, 2019 | $0.027 | OrdinaryDividend |
Mar 29, 2019 | $0.028 | OrdinaryDividend |
Feb 28, 2019 | $0.026 | OrdinaryDividend |
Jan 31, 2019 | $0.027 | OrdinaryDividend |
Dec 31, 2018 | $0.028 | OrdinaryDividend |
Nov 30, 2018 | $0.027 | OrdinaryDividend |
Oct 31, 2018 | $0.026 | OrdinaryDividend |
Aug 31, 2018 | $0.026 | OrdinaryDividend |
Jul 31, 2018 | $0.025 | OrdinaryDividend |
Jun 29, 2018 | $0.023 | OrdinaryDividend |
May 31, 2018 | $0.023 | OrdinaryDividend |
Apr 30, 2018 | $0.022 | OrdinaryDividend |
Mar 29, 2018 | $0.024 | OrdinaryDividend |
Feb 28, 2018 | $0.023 | OrdinaryDividend |
Jan 31, 2018 | $0.023 | OrdinaryDividend |
Dec 29, 2017 | $0.034 | OrdinaryDividend |
Nov 30, 2017 | $0.024 | OrdinaryDividend |
Oct 31, 2017 | $0.024 | OrdinaryDividend |
Sep 29, 2017 | $0.022 | OrdinaryDividend |
Aug 31, 2017 | $0.022 | OrdinaryDividend |
Jul 31, 2017 | $0.022 | OrdinaryDividend |
Jun 30, 2017 | $0.021 | OrdinaryDividend |
May 31, 2017 | $0.020 | OrdinaryDividend |
Apr 28, 2017 | $0.019 | OrdinaryDividend |
Mar 31, 2017 | $0.021 | OrdinaryDividend |
Feb 28, 2017 | $0.019 | OrdinaryDividend |
Jan 31, 2017 | $0.023 | OrdinaryDividend |
Dec 30, 2016 | $0.025 | OrdinaryDividend |
Dec 16, 2016 | $0.060 | CapitalGainShortTerm |
Dec 16, 2016 | $0.010 | CapitalGainLongTerm |
Dec 18, 2015 | $0.008 | CapitalGainShortTerm |
Dec 18, 2015 | $0.009 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Oct 28, 2013
8.59
8.6%
Jay has more than 35 years of investment experience managing a broad range of fixed income portfolios. He is the head of fixed income research and oversees risk management across Baird Advisors’ portfolio strategies. Jay also plays a lead role in the formulation and implementation of investment strategy. In addition, he directs product responsibility for Long Duration LDI strategies designed for defined benefit pension plans. Jay obtained his undergraduate degree from Marquette University and earned the Chartered Financial Analyst designation in 1987. He is currently a member of the CFA Institute and the CFA Society of Milwaukee. Prior to joining Baird Advisors, Jay was a Senior Vice President and Senior Portfolio Manager with Putnam Investments in Boston where he was responsible for strategy formulation and portfolio construction across a wide variety of multi-sector fixed income mandates.
Start Date
Tenure
Tenure Rank
Oct 28, 2013
8.59
8.6%
Charlie has more than 40 years of investment experience managing a broad range of fixed income portfolios. His responsibilities include setting investment policy and implementing the long-term investment strategy of Baird Advisors. He also plays a lead role in the management of institutional client relationships. Charlie obtained his undergraduate degree from Texas Christian University and his MBA from the University of Wisconsin-Milwaukee. Prior to joining Baird Advisors, Charlie was a Senior Vice President and Senior Portfolio Manager with Firstar Investment Research & Management Company (FIRMCO).
Start Date
Tenure
Tenure Rank
Oct 28, 2013
8.59
8.6%
Mary Ellen has more than 40 years of investment experience managing a broad range of fixed income portfolios. She is responsible for the formulation of fixed income strategy as well as the development and implementation of all fixed income asset management services. Mary Ellen serves on the board of Baird Financial Group, as President of the Baird Funds and is chair of the Baird Diversity Steering Committee. She obtained her undergraduate degree from Marquette University and her MBA from the University of Wisconsin-Milwaukee. Mary Ellen earned the Chartered Financial Analyst designation in 1983 and is currently a member of the CFA Institute and the CFA Society of Milwaukee. Prior to joining Baird Advisors, Mary Ellen was President and Chief Executive Officer of Firstar Investment Research and Management Company (FIRMCO) and was Director of Fixed Income.
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
Gregory Peters is a Managing Director and Senior Investment Officer of PGIM Fixed Income. He is also senior portfolio manager for Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. Prior to joining PGIM Fixed Income, Mr. Peters was the Chief Global Cross Asset Strategist at Morgan Stanley and responsible for the firm's macro research and asset allocation strategy. In addition, he was Morgan Stanley's Global Director of Fixed Income & Economic Research and served on the Firm Risk, Investment, Asset Allocation, Global Credit, and Global Fixed Income Operating Committees. Earlier, Mr. Peters worked at Salomon Smith Barney and the Department of U.S. Treasury. Mr. Peters has been recognized by Institutional Investor magazine for his efforts in macro, fixed income, high yield and investment grade strategies. Mr. Peters was also recently recognized as Business Insider's Top Analysts and Top Analyst's to Watch by CEO World. Mr. Peters earned a BA in Finance from The College of New Jersey and an MBA from Fordham University. He is also a member of the Fixed Income Analyst Society and the Bond Market Association.
Start Date
Tenure
Tenure Rank
Jul 13, 2015
6.89
6.9%
Ms. Royer is Vice President, Portfolio Manager, and Head of the Disciplined Alpha Team at Loomis Sayles. Ms. Royer began her investment industry career in 1985 and joined Loomis Sayles in 2010 from Wells Capital Management, where she was senior portfolio manager and co-head of the Montgomery core fixed income investment team. Previously, Ms. Royer was a lending officer with Morgan Guaranty Trust Company (J.P. Morgan). Earlier, she was a financial analyst in the equity research department at Barclays de Zoete Wedd and an analyst in the corporate finance department at Drexel Burnham Lambert. Ms. Royer is a Phi Beta Kappa graduate of Gettysburg College and earned an MBA from the Anderson Graduate School of Management at the University of California, Los Angeles.
Start Date
Tenure
Tenure Rank
Jul 09, 2018
3.9
3.9%
Richard Figuly, Managing Director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Columbus, Rick is a portfolio manager for the U.S. Value Driven team and is responsible for managing institutional taxable bond portfolios. An employee since 1993, Rick previously served as a fixed income trader trading all taxable fixed income securities while specializing in structured products. Prior to joining the firm, Rick was a fiduciary tax accountant at the Bank One Ohio Trust Company. Rick is also a retired Major of the Ohio Army National Guard. He holds a B.S. in finance from The Ohio State University.
Start Date
Tenure
Tenure Rank
Oct 28, 2019
2.59
2.6%
Justin Rucker, executive director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Columbus, Justin is a portfolio manager for the U.S. Value Driven team and is responsible for managing Long Duration & Core Bond institutional taxable bond portfolios and fund vehicles. Justin is responsible for long duration strategies with benchmarks that span the range from actively managed to custom liability-based across a broad spectrum of fixed income sectors. An employee since 2006, Justin most recently was a member of the Mid Institutional Portfolio Management team specializing in structured product sectors & managing Core Bond portfolios. He also spent three years in the client portfolio management group for Global Fixed Income & three years as an Internal Client Advisor for JPMorgan Mutual Funds. Prior to joining the firm, Justin worked the trade desk for Open E Cry, LLC, a brokerage firm specializing in Futures and FX trading. Justin holds a B.S. in finance from the University of Dayton, an M.B.A. from Capital University, and is a CFA charterholder.
Start Date
Tenure
Tenure Rank
Oct 31, 2020
1.58
1.6%
Jeff has more than 25 years of investment experience managing a broad range of fixed income portfolios. He plays a lead role in overseeing credit research and developing and implementing investment strategies within the credit sector. Jeff obtained his undergraduate degree from Carroll University and his M.S. in Finance from the University of Wisconsin-Madison. He earned the Certified Public Accountant designation in 1991 and the Chartered Financial Analyst designation in 1998. Jeff is currently a member of the CFA Institute and the CFA Society of Milwaukee. Prior to joining Baird Advisors, Jeff was the Director of Corporate Bonds at Clarica Life Insurance and began his career as an auditor at the Chicago Board of Trade.
Start Date
Tenure
Tenure Rank
Oct 31, 2020
1.58
1.6%
Meg has more than 20 years of investment experience managing a broad range of fixed income portfolios. She co-leads research and strategy development in the mortgage and asset-backed sectors. Meg obtained her undergraduate degree in Economics from Boston College, and earned the Chartered Financial Analyst designation in 2005. She is currently a member of the CFA Institute and the CFA Society of Milwaukee. Prior to rejoining Baird Advisors in 2007, Meg was a Vice President and Portfolio Manager with Deerfield Capital Management in Chicago where she was a member of the asset-backed securities team focusing on collateralized debt obligations.
Start Date
Tenure
Tenure Rank
Mar 01, 2021
1.25
1.3%
Seth Timen is a vice president and credit portfolio manager for the disciplined alpha team at Loomis, Sayles & Company. He joined Loomis Sayles in 2010 as a credit trader and was later promoted to senior credit trader. Previously, Seth was a vice president and credit trader at Pequot Capital Management, where he was responsible for investment grade, high yield, distressed bonds and CDS, sovereign risk and structured products trading. Prior to Pequot Capital Management, he was an associate at Credit Suisse, where he provided investment strategy advice for institutional clients regarding investment grade, cross-over credit, emerging market and structured credit products. Seth began his investment industry career in 2001. He earned a BA from the University of Michigan.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.79 | 1.16 |
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