Baird Intermediate Municipal Bond is not resting on its laurels: A Morningstar Analyst Report

According to Morningstar analyst Lawrence Jones, the high-quality approach applied by the Baird Intermediate Municipal Bond Fund's veteran management team led it to great success in 2008, as sectors and issues with even a hint of credit risk were punished badly last year. Even so, Jones cautions investors to keep expectations realistic.

For more information, read Morningstar’s Take.