In a January 10 article titled "17 Funds for 2017 and Beyond," Morningstar suggests Baird Short Term Bond Fund (BSBIX/BSBSX) as an option for long-term investors looking to diversify their portfolios in uncertain markets.
According to Morningstar, Baird Short Term Bond Fund "is a well-run cautious fund with a Morningstar Analyst Rating of Silver. Mary Ellen Stanek leads a team of six managers who have produced consistently solid returns here without much risk. The fund owns a mix of corporates, Treasuries, and mortgages."
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.