Morningstar Article Recognizes Baird Funds
In a recent article, Morningstar lists Baird among the top five active fund managers who attracted the most assets in 2016. The listing includes the following write-up by Morningstar's Rekenthaler:
Baird dates back almost a century, as the securities arm of First Wisconsin National Bank, but its mutual funds are relatively recent. It owes its place on the list to two taxable-bond funds: Baird Aggregate Bond (BAGIX) and Baird Core Plus Bond (BCOIX). Continuing this column's theme, these funds are mainstream, low-cost (0.30% expense ratio for the institutional shares), and constant. Year after year, they deliver what they promise, modestly outgaining other funds in their categories and, on most occasions, also besting the Bloomberg Barclays U.S. Aggregate Bond Index.
You can read the complete article here.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.