In an October 2, 2020, Barron’s article, Baird Advisors chief investment officer Mary Ellen Stanek, CFA, and deputy chief investment officer Warren Pierson, CFA, were both quoted talking about the near-term risks in the fixed income markets and where they are finding investment opportunities. Additionally, the Baird Aggregate Bond Fund was included in a list of funds compiled for the article that “balance the need for income with the need for safety.”
From the article:
On the safety end of the barbell, “We are looking at quality and liquidity, not yield,” says Pierson, who has been doing that with a mix of Treasuries and government mortgages that are still very liquid, as well as securitized assets, such as the top tier of asset-backed mortgages, commercial mortgage-backed securities, and even some investment-grade corporate bonds.
Read the entire article on Barrons.com (may require a subscription).
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