Baird Short-Term Municipal Bond Fund is again recognized with 2022 Refinitiv Lipper Awards for 3 and 5 years

    MILWAUKEE, WI, March 10, 2022 /24-7PressRelease/ -- Employee-owned Baird announced that the Baird Short-Term Municipal Bond Fund (BTMIX) has received the 2022 Refinitiv Lipper Fund Award for the third year in a row. The fund was named Best Fund Over 3-Years for the period ending November 30, 2021, among 41 short-term municipal debt funds. The Fund also received the award for the 5-Year period ended November 30, 2021, among 38 short-term municipal debt funds.

The Baird Short-Term Municipal Bond Fund is co-managed by Duane McAllister, CFA, Erik Schleicher, CFA, Joe Czechowicz, CFA and Lyle Fitterer, CFA.

"This is the third year in a row that our municipal team has been recognized with the 3-year award and the second year in a row with the 5-year award," said Baird Advisors Co-Chief Investment Officer and Baird Funds President Mary Ellen Stanek, CFA. "This recognition demonstrates the team's consistency across a variety of market environments."

For more than three decades, the Refinitiv Lipper Fund Awards have recognized funds and for their consistently strong risk-adjusted three-, five-, and ten-year performance relative to peers. Based on Lipper's quantitative proprietary methodology, the awards reflect a truly independent and uncompromised assessment of fund performance. Find out more at www.lipperfundawards.com.

Said Duane McAllister, Managing Director and Senior Portfolio Manager, "As we enter 2022, we are blessed with a deep bench of municipal investing specialists who have experienced a variety of markets—good and bad. We're focused on delivering the consistent results municipal investors expect." The team recently discussed their current outlook in a brief video conversation here.

About Baird Funds

Baird Funds is a no-load mutual fund family with more than $100 billion in assets as of December 31, 2021. The Baird Funds offer proven track records and a diverse suite of portfolios across fixed income and equity asset classes. The ten bond funds and five equity funds feature competitive fees and are managed with a careful focus on risk control. For more information, visit www.bairdfunds.com

About Baird

Putting clients first since 1919, 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 4,600 associates serving the needs of individual, corporate, institutional and municipal clients and more than $385 billion in client assets as of June 30, 2021. Committed to being a great workplace, Baird ranked No. 32 on the 2021 Fortune 100 Best Companies to Work For® list – its 18th 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 and Baird Trust Company 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. Investment minimum for the institutional class 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.

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.

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