MILWAUKEE, July 1, 2019 – Employee-owned Baird announced today that Baird Funds again ranked #2 in Morningstar’s semiannual report of the 150 Largest Fund Families for the third consecutive reporting period.

The Morningstar report stated, “Baird earns a Positive rating for strong stewardship within its fixed-income mutual fund lineup, circumspect capacity management, and high employee retention.

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“{Mary Ellen} Stanek has championed investor-friendly practices across Baird’s fund complex. The bond team’s straightforward, risk-aware process has quickly and substantively attracted assets: From 2016 to 2018, assets grew from $37 billion to $67 billion.”

Said Mary Ellen Stanek, Managing Director, Chief Investment Officer, and President of the Baird Funds, “We are proud to once again rank highly on this esteemed list. We’ve aligned our success with our investors and continue to focus on delivering quality investment products at a reasonable cost that meets our clients’ expectations.” For a complete list of the Baird Funds, visit

The report considers the largest 150 fund families that together hold over 98.1% of investors’ assets in U.S. funds. Morningstar evaluated factors including analyst rating upgrades and downgrades, assets managed that receive a medalist rating, parent analysis/rating, fees, cash flows, fund liquidations/mergers, manager investment, manager retention, manager tenure, market share, organic growth rate, scorecard rank and success ratio.

About Baird Funds
Baird Funds is a no-load mutual fund family with more than $46 billion in assets as of September 30, 2018. The Baird Funds offer proven track records and a variety of portfolios spanning fixed income and equity asset classes. The eight bond funds and five equity funds feature competitive fees and are managed with a careful focus on risk control. For more information, visit

About Baird
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has approximately 3,500 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $211 billion in client assets as of June 30, 2018. Committed to being a great place to work, Baird ranked No. 12 on FORTUNE’s 100 Best Companies to Work For in 2018 – its 15th consecutive year on the 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

For additional information, contact:
Jody Lowe

Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. This and other information can be found in the prospectus or summary prospectus. A prospectus or summary prospectus may be obtained by visiting or calling 866-442-2473. Please read the prospectus or summary prospectus carefully before you invest or send money.

Investments in international and emerging markets securities and American Depository Receipts (ADRs) are subject to certain inherent risks including difficulty predicting international trade patterns, currency fluctuations and the possibility of imposition of exchange controls, foreign taxes and regulations, lack of uniform accounting, and the potential for illiquid markets and political or economic instability. These risks are more pronounced in emerging market countries.

For more information on the Parent Rating and the medalist rating can be found here.