In a Barron’s article titled “A Top-Performing Muni Fund That Ventures Where Others Don’t,” Lyle Fitterer, co-lead manager of the $644.5 million Baird Strategic Municipal Bond Fund (BSNSX), shares how the team and its unique approach uncovers opportunities and has helped propel the fund’s strong performance and asset growth.

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Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing.  This and other information about the fund can be found in the prospectus or summary prospectus. A prospectus or summary prospectus may be obtained from your financial advisor or the fund website and should be read carefully before investing.

Performance data represents past performance and does not guarantee future results. The investment return and principal value of the investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance data may be lower or higher than the data quoted. For performance data to the most recent month end, Annual Average Total Return, gross and net expense ratios and any sales charges for both the investor and institutional classes of the funds, please visit https://www.bairdassetmanagement.com/baird-funds/funds-and-performance