MILWAUKEE, May 17, 2019 – Employee-owned Baird announced that the Baird Core Plus Bond Fund (BCOIX) and Baird Aggregate Bond Fund (BAGIX) have once again been selected for Morningstar’s Terrific 28 mutual fund list. Additionally, the Baird MidCap Fund (BMDIX) was also selected this year.
Morningstar pared more than 8,000 mutual funds to just 28 by screening on the following criteria:
- Returns above the Fund’s benchmark over the manager’s tenure
- Morningstar Analyst Rating of Bronze or higher
- Parent rating of Positive
- Morningstar Risk rating below the High level
- Expense ratio in the lowest quintile
- Manager investment of more than $1 million in the fund
- Category benchmark for allocation categories
- No institutional share classes (unless minimum is $25,000 or less)
- No fund of funds
- Closed funds are not screened out.
Celebrating its 100th anniversary in 2019, Baird is an employee-owned, international wealth management, asset management, investment banking/capital markets, and private equity firm with offices in the United States, Europe and Asia. Baird has approximately 3,500 associates serving the needs of individual, corporate, institutional and municipal clients and more than $208 billion in client assets as of Dec. 31, 2018. Committed to being a great workplace, Baird ranked No. 16 on FORTUNE’s 2019 100 Best Companies to Work For list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. For more information, please visit Baird’s website at www.rwbaird.com.
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 for BCOIX, and here for BAGIX and here for BMDIX. Investment minimums for these institutional class funds 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.