Stanek and Pierson Share Outlook for Bonds
Bonds are Back! In a recent interview with Investor's Business Daily Co-Chief Investment Officers Mary Ellen Stanek and Warren Pierson provided Baird Advisors' 2024 Investment Outlook for the fixed income market including why now may be a good time for bonds.
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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.
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.
IBD Best Mutual Fund Award winner for the Baird Intermediate Bond Fund (BIMIX) mentioned in the article is from Morningstar Direct in a US Taxable bond funds category out of 777 funds as of December 31, 2022. The award is based on outperforming the Bloomberg U.S. Aggregate Bond Index in total return over the last one-, three-, five- and 10-year periods and past performance is no guarantee of future results. 350 funds in the category won the award for benchmark outperformance.