In a March 14 video, Morningstar Analyst Emory Zink discussed Morningstar's take on Baird Core Plus Bond Fund (BCOIX/BCOSX).
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
Past performance is not indicative of future results and diversification does not ensure a profit or protect against loss. All investments carry some level of risk, including loss of principal. An investment cannot be made directly in an index. Fixed income is generally considered to be a more conservative investment than stocks, but bonds and other fixed income investments still carry a variety of risk such as interest rate risk, credit risk, inflation risk and liquidity risk. 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. High yield securities may be subject to heightened market, interest rate or credit risk and should not be purchased solely because of the stated yield. Robert W. Baird & Co.
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The average annual total returns for the Investor Class of the Baird Core Plus Bond Fund as of March 31, 2017 are 2.25% for the one-year, 3.19% for the five-year and 5.10% for the ten-year periods and 6.140% since its September 29, 2000, inception date.
The average annual total returns for the Barclays US Universal Bond Index as of March 31, 2017 are 1.92% for the one-year, 2.99% for the five-year and 4.52% for the ten-year periods