The Baird SMID Growth portfolio produced a positive return, with mixed performance across the portfolio, but the net result trailed the sharp increase in the benchmark.
The Baird Mid Cap Growth portfolio produced a positive return with all sectors advancing, but the net result trailed the sharp increase in the Russell Mid Cap Growth Index.
Global equity markets staged another broad rally for the first quarter, with the Funds outperforming their benchmarks.
Treasury Yields Rise in Q1 as Markets Reduce Fed Rate Cut Expectations on Stronger than Expected Growth and Inflation
Municipal Yields Rise in Q1 and Demand Returns
