3/14/2024

Baird Strategic Municipal Bond Fund Receives Lipper Award

Baird Advisors’ hard work and commitment to delivering competitive results for clients has again been recognized by LSEG Lipper. For the second consecutive year the Baird Strategic Municipal Bond Fund (BSNIX) was named Best Fund Over 3-Years for the period ending November 30, 2023, among 24 short-intermediate municipal debt funds.

The Baird Strategic Municipal Bond Fund is co-managed by Lyle Fitterer, CFA, Duane McAllister, CFA, Erik Schleicher, CFA, Joe Czechowicz, CFA and Gabe Diederich, CFA.

This is the fifth year in a row that our municipal team has been recognized with a Lipper Award. It speaks to their consistent process, team approach and deep experience in the sector.
Mary Ellen Stanek, CFA, Baird Advisors Co-Chief Investment Officer and Baird Funds President

For more than three decades, the LSEG Lipper Fund Awards have recognized funds and for their consistently strong risk-adjusted three-, five-, and ten-year performance relative to peers. Based on Lipper’s quantitative proprietary methodology, the awards reflect a truly independent and uncompromised assessment of fund performance. For more on Lipper’s methodology, click here.

We are excited to receive this recognition at a time when the opportunity in bonds, particular municipal bonds, is compelling.
Lyle Fitterer, Managing Director and Senior Portfolio Manager

Baird recently shared commentary on why bonds offer good opportunity at current rate levels here.

Disclosures

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 . Investment minimum for the institutional class 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.

The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.

The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.