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Baird Chautauqua Global Growth Fund
mutual fund
CCGSX
Payout Change
Pending
Price as of:
$21.42
-0.19
-0.88%
primary theme
N/A
share class
CCGSX (Mutual Fund)
Baird Chautauqua Global Growth Fund
Payout Change
Pending
Price as of:
$21.42
-0.19
-0.88%
primary theme
N/A
share class
CCGSX (Mutual Fund)
Baird Chautauqua Global Growth Fund
Payout Change
Pending
Price as of:
$21.42
-0.19
-0.88%
primary theme
N/A
share class
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.8%
1 yr return
10.0%
3 Yr Avg Return
0.7%
5 Yr Avg Return
10.1%
Net Assets
$319 M
Holdings in Top 10
36.4%
52 WEEK LOW AND HIGH
$21.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.17%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 13.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CCGSX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return 0.7%
- 5 Yr Annualized Total Return 10.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.24%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBaird Chautauqua Global Growth Fund
-
Fund Family NameBaird
-
Inception DateApr 15, 2016
-
Shares Outstanding41710
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Beitner
Fund Description
The Fund invests primarily in equity securities of both U.S. and non‑U.S. companies with medium to large market capitalizations (i.e., those typically with market capitalizations in excess of U.S. $5 billion at the time of purchase). Equity securities in which the Fund may invest include common stocks, preferred stocks, depositary shares and receipts, rights, warrants and exchange-traded funds (“ETFs”). Under normal market conditions, the Fund will invest at least 40% of its total assets at the time of purchase in non‑U.S. companies. The Fund will normally be diversified among at least three different countries, including the United States. The Fund invests in developed markets and emerging markets. In evaluating potential investments, the Advisor considers companies with growth characteristics that the Advisor believes are likely to benefit from current macro‑economic and global trends and possess sustainable competitive advantages. The Fund will normally hold a limited number (generally 35 to 45) of companies.
In determining whether a company is a U.S. or non-U.S. company, the Advisor considers a number of factors, including the company’s jurisdiction of incorporation or organization, the location of the company’s corporate or operational headquarters or principal place of business, the location of the principal trading market for the company’s common stock, the location(s) of a majority of the company’s assets or
production of its goods and services, and the locations of the primary sources of the company’s revenues or profits.
The Advisor believes that environmental, social and governance (ESG) factors can have a material effect on investment returns. The Advisor seeks to understand pertinent ESG topics that are relevant to individual companies that are being considered for investment in the Fund. Examples include, but are not limited to, corporate governance structure, climate change, supply chain integrity, labor practices and human resource management. There are no universally accepted ESG factors and the Advisor will consider them at its discretion.
The Fund may invest in ETFs. For example, the Fund may invest cash temporarily in ETFs until individual securities are identified for purchase or until the Fund is able to purchase securities in a particular country or region.
The Advisor will typically sell or reduce a position to mitigate a specific risk, to take advantage of better opportunities, to avoid country risks, when the Advisor believes that valuations are high relative to the changes in the company’s fundamentals, or when operational performance does not meet the Advisor’s expectations.
CCGSX - Performance
Return Ranking - Trailing
| Period | CCGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.8% | -35.6% | 29.2% | 80.98% |
| 1 Yr | 10.0% | 17.3% | 252.4% | 19.77% |
| 3 Yr | 0.7%* | -3.5% | 34.6% | 20.92% |
| 5 Yr | 10.1%* | 0.1% | 32.7% | N/A |
| 10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | CCGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.8% | -24.3% | 957.1% | 8.04% |
| 2022 | -20.4% | -38.3% | 47.1% | 16.81% |
| 2021 | 12.2% | -54.2% | 0.6% | 58.41% |
| 2020 | 37.6% | -76.0% | 54.1% | 4.98% |
| 2019 | 28.0% | -26.1% | 47.8% | N/A |
Total Return Ranking - Trailing
| Period | CCGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.8% | -35.6% | 29.2% | 81.21% |
| 1 Yr | 10.0% | 11.4% | 252.4% | 18.52% |
| 3 Yr | 0.7%* | -3.5% | 34.6% | 19.34% |
| 5 Yr | 10.1%* | 0.1% | 32.7% | N/A |
| 10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | CCGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.0% | -24.3% | 957.1% | 8.04% |
| 2022 | -20.3% | -33.1% | 47.1% | 16.94% |
| 2021 | 12.6% | -44.4% | 1.8% | 71.87% |
| 2020 | 37.9% | -6.5% | 54.1% | 3.81% |
| 2019 | 29.7% | -14.4% | 47.8% | N/A |
NAV & Total Return History
CCGSX - Holdings
Concentration Analysis
| CCGSX | Category Low | Category High | CCGSX % Rank | |
|---|---|---|---|---|
| Net Assets | 319 M | 199 K | 133 B | 64.58% |
| Number of Holdings | 44 | 1 | 9075 | 67.18% |
| Net Assets in Top 10 | 116 M | -18 M | 37.6 B | 66.41% |
| Weighting of Top 10 | 36.38% | 9.1% | 100.0% | 32.72% |
Top 10 Holdings
- Novo Nordisk A/S 4.66%
- Mastercard Inc 4.27%
- Alphabet Inc 3.96%
- Constellation Software Inc/Canada 3.92%
- Fairfax Financial Holdings Ltd 3.50%
- Regeneron Pharmaceuticals Inc 3.30%
- NVIDIA Corp 3.26%
- ASML Holding NV 3.25%
- Waste Connections Inc 3.20%
- Bank Rakyat Indonesia Persero Tbk PT 3.06%
Asset Allocation
| Weighting | Return Low | Return High | CCGSX % Rank | |
|---|---|---|---|---|
| Stocks | 97.54% | 61.84% | 125.47% | 74.89% |
| Cash | 2.46% | -174.70% | 23.12% | 21.59% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 17.84% |
| Other | 0.00% | -13.98% | 19.14% | 27.09% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 8.37% |
| Bonds | 0.00% | -1.50% | 161.67% | 12.56% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CCGSX % Rank | |
|---|---|---|---|---|
| Technology | 27.17% | 0.00% | 49.87% | 14.32% |
| Financial Services | 24.61% | 0.00% | 38.42% | 7.82% |
| Healthcare | 18.74% | 0.00% | 35.42% | 5.40% |
| Consumer Cyclical | 11.31% | 0.00% | 40.94% | 69.49% |
| Industrials | 8.34% | 0.00% | 44.06% | 87.44% |
| Communication Services | 6.19% | 0.00% | 57.66% | 86.23% |
| Utilities | 2.30% | 0.00% | 29.12% | 31.72% |
| Real Estate | 1.34% | 0.00% | 39.48% | 59.14% |
| Energy | 0.00% | 0.00% | 21.15% | 66.08% |
| Consumer Defense | 0.00% | 0.00% | 73.28% | 79.96% |
| Basic Materials | 0.00% | 0.00% | 38.60% | 86.23% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CCGSX % Rank | |
|---|---|---|---|---|
| US | 57.62% | 0.13% | 103.82% | 92.18% |
| Non US | 39.92% | 0.58% | 99.46% | 8.70% |
CCGSX - Expenses
Operational Fees
| CCGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.17% | 0.01% | 44.27% | 43.56% |
| Management Fee | 0.75% | 0.00% | 1.82% | 53.50% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 17.74% |
| Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
| CCGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| CCGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 7.84% |
Related Fees
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.
| CCGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 13.00% | 0.00% | 395.00% | 25.57% |
CCGSX - Distributions
Dividend Yield Analysis
| CCGSX | Category Low | Category High | CCGSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 6.46% |
Dividend Distribution Analysis
| CCGSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Annually | Annually |
Net Income Ratio Analysis
| CCGSX | Category Low | Category High | CCGSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.24% | -4.27% | 12.65% | 87.50% |
Capital Gain Distribution Analysis
| CCGSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2023 | $0.035 | OrdinaryDividend |
| Dec 16, 2022 | $0.023 | OrdinaryDividend |
| Dec 29, 2021 | $0.078 | OrdinaryDividend |
| Dec 29, 2020 | $0.048 | OrdinaryDividend |
| Dec 27, 2019 | $0.138 | OrdinaryDividend |
CCGSX - Fund Manager Analysis
Managers
Brian Beitner
Start Date
Tenure
Tenure Rank
Apr 15, 2016
6.13
6.1%
Mr. Beitner serves as a portfolio manager of the International Growth and Global Growth Funds. Mr. Beitner is a Managing Director of Robert W. Baird & Co. Incorporated and Partner of the firm’s Chautauqua Capital Management division. Mr. Beitner has over 34 years of investment management experience. Mr. Beitner joined the firm in January 2016. Prior to joining the Advisor, Mr. Beitner served as Managing Partner and Chief Investment Officer of Chautauqua Capital Management, LLC, an asset management firm founded by Mr. Beitner in 2009. From November 1998 to December 2008 he was a Portfolio Manager at Trust Company of the West. Mr. Beitner received his undergraduate degree and his MBA from the University of Southern California and he is a CFA charterholder.
Nathaniel Velarde
Start Date
Tenure
Tenure Rank
May 01, 2020
2.08
2.1%
Nathaniel Velarde Partner Nate is partner of Chautauqua Capital Management and serves as portfolio manager on Chautauqua’s strategies. Prior to joining Chautauqua in 2019, he was senior financial analyst at j2 Cloud Services and senior vice president, global equity analyst at PIMCO, London. At Nuveen Investments, Nate worked in the Tradewinds Global Investors and NWQ Investment Management divisions as managing director, senior equity analyst and director of research. He also served as vice president, equity analyst at TCW primarily covering industrials, business services and basic materials. Nate earned a bachelor’s degree in economics and an MBA with concentrations in finance and strategic management from the University of Chicago, and a Master’s of Information and Data Science from the University of California – Berkeley.
Jesse Flores
Start Date
Tenure
Tenure Rank
May 01, 2020
2.08
2.1%
Jesse Flores, CFA Partner Jesse is partner of Chautauqua Capital Management and serves as portfolio manager on Chautauqua’s strategies. Prior to joining Chautauqua in 2013, he was an investment analyst at Blavin & Company where he was a generalist responsible for both equity and high-yield debt securities. Additionally, he covered U.S. semiconductors and hardware as a research analyst at Lehman Brothers and Roth Capital Partners. Jesse has a bachelor’s degree from Cornell University (McMullen Dean’s Scholar, Rawlings Presidential Research Scholar) and an MBA from the Stanford Graduate School of Business.
Haicheng Li
Start Date
Tenure
Tenure Rank
May 01, 2020
2.08
2.1%
Haicheng Li, CFA Managing Partner Haicheng is managing partner of Chautauqua Capital Management and serves as portfolio manager for Chautauqua’s strategies. Prior to joining Chautauqua in 2016, she was a senior analyst and portfolio manager at TCW with specific expertise in healthcare. Haicheng earned an MBA from Stanford, a master's degree in biological and biomedical sciences from Harvard's Graduate School of Arts and Sciences and a master's degree in medical sciences from Harvard Medical School, where she was a research fellow. She graduated summa cum laude from Rutgers University and was awarded a prestigious Phi Beta Kappa key for academic achievement.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |
