A Compelling Case for Municipal Bonds

Duane McAllister and Lyle Fitterer, senior portfolio managers for Baird’s municipal bond funds, recently discussed opportunities for investors in the municipal bond market following one of the worst years for bond investors.  Hear from the co-leaders of Baird Advisors’ municipal sector as they provide timely insights for investors to consider amidst the current environment.

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

For more information about the awards and recognition received by Baird Advisors and their funds that were mentioned during the program, please visit https://www.bairdassetmanagement.com/baird-advisors/.

All investments carry risk, including loss of principal. In a rising interest rate environment, the value of fixed-income securities generally decline and conversely, in a falling interest rate environment, the value of fixed income securities generally increase. References to forward-looking rates of return and yield are based on research conducted by BondEdge, are for illustrative purposes only, are not meant to be a recommendation or forecast and are not based on any specific investment. The research assumes a constant yield curve slope and duration while implementing an instantaneous parallel rate shift with no change in spreads. The information provided herein does not provide investors with the information or advice that is sufficient on which to base an investment decision and does not take into account the specific investment objectives, financial situation or need of any particular client. Additional fundamental and other analyses would be required to make a decision about any investments discussed.