MILWAUKEE, September 4, 2018 – Employee-owned Baird announced today that the Baird Core Plus Bond Fund (BCOIX) and Baird Aggregate Bond Fund (BAGIX) were selected for Morningstar’s Terrific 28 mutual fund list.
Morningstar pared more than 8,000 mutual funds to just 28 by screening on the following criteria:
- Returns above the Fund’s benchmark over the manager’s tenure
- Morningstar Analyst Rating of Bronze or higher
- Parent rating of Positive
- Morningstar Risk rating below the High level
- Lowest fee quintile of category
- Manager investment of more than $1 million in the fund
- Category benchmark for allocation categories
- No institutional share classes (unless minimum is $25,000 or less)
- No fund of funds
- Closed funds are not screened out.
“We are pleased to once again receive this recognition and to capture two of the 28 spots on this esteemed list,” said Mary Ellen Stanek, CFA, Managing Director and President of Baird Funds. “We remain focused on delivering the results investors expect while keeping risks and costs in check.”
Baird’s asset management divisions manage nearly $70 billion in fixed income and equity mutual funds and separately managed accounts. For more information, visit www.bairdfunds.com.
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has approximately 3,500 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has more than $200 billion in client assets as of Dec. 31, 2017. Committed to being a great place to work, Baird ranked No. 12 on FORTUNE’s 100 Best Companies to Work For in 2018 – its 15th consecutive year on the list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. For more information, please visit Baird’s website at www.rwbaird.com.
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. To read the fund’s prospectus or to obtain the fund’s performance to the most recent month end, SEC 30-day yield information, any sales charges, maximum sales charges, loads, fees, total annual operating expense ratio, gross of any fee waivers or expense reimbursements as stated in the fee table contact Baird directly at 866-442-2473 or visit the fund’s webpage here for BCOIX and here for BAGIX. Investment minimums for these institutional class funds is $25,000.
Investors should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. This and other information is found in the prospectus and summary prospectus. For a prospectus or summary prospectus, contact Baird directly at 866-442-2473 or contact your Financial Advisor.