Core Plus Bond Strategy

The investment objective of the Core Plus Bond Strategy is to seek an annual rate of total return greater than the annual rate of total return of the Bloomberg Barclays U.S. Universal Bond Index.

The strategy normally invests at least 80% 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. and foreign issuers

The investment strategy invests primarily in investment-grade debt obligations, but may invest up to 20% of its net assets in non-investment-grade obligations. Non-investment-grade obligations, at the time of purchase, are generally rated at least B or higher by at least one major rating agency or, if unrated, determined by Baird Advisors to be comparable in quality to the rated obligations.

To learn more, contact one of our investment professionals.