Baird Mid Cap Growth Equity Fund Q1 2025 Commentary
Source: SeekingAlpha
2025-05-28 08:00:00 ET
Summary
- The first six weeks of the year continued the pattern in place for much of 2024, a rising stock market climbing on the back of a narrow group of companies which carried enough momentum to push equity indices to all-time highs.
- For the quarter, the Baird Mid Cap Growth portfolio produced a negative return of -9.6%, net of fees, trailing the Russell Midcap Growth decline of -7.1%.
- Underperformance was concentrated in the first half of the quarter, as the portfolio lagged during the sharp market advance.
Market Update
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Baird Mid Cap Growth Equity Fund Q1 2025 Commentary
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