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January 2024

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Baird Equity Asset Management
Commentary
Q4 2023 Small/Mid Cap Growth Commentary

There were various drivers of underperformance in the quarter, as there were a multitude of factors that changed significantly, particularly in December. These factors were broadly negative for our style of management as more highly levered, lower-margin, and lower-earnings growth companies outperformed.

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Baird Equity Asset Management
Commentary
Q4 2023 Mid Cap Growth Strategy Commentary

While the full-quarter results still lagged the benchmark, we were encouraged by the portfolio’s outperformance during the strong move into year-end as we saw the breadth of positive performance spread more evenly across sectors.

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Baird Equity Asset Management
Commentary
Q4 2023 Chautauqua International & Global Growth Funds Commentary

Equity markets rallied to close out the year as fiscal conditions loosened; the Funds performed in line with benchmarks.

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Baird Advisors
Commentary
December 2023 Bond Market Comments

2023 Review and 2024 Outlook

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Baird Advisors
Commentary
December 2023 Municipal Market Comments

2023 Review and 2024 Outlook

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