Kiplinger Features Baird Funds CIO Stanek on Navigating Volatility

An October 2 Kiplinger article titled “5 Market Pros Speak on What to Do Now” features Baird Funds President and Chief Investment Officer Mary Ellen Stanek’s advice on navigating market volatility (excerpt):

Control what you can control. Lower the risk in your bond portfolio by trimming stakes in high-yield debt and bank loans. Invest in a high-quality short-term bond fund that you can sell quickly at a reasonable price. You’ll get a yield north of 2% in a diversified portfolio with low interest-rate volatility. High-income investors with taxable accounts should look at munis. They offer compelling tax-adjusted yields.

Read the full article.