The Baird Strategic Municipal Bond Fund (BSNIX) has been honored with the 2024 LSEG Lipper Fund Award, marking it as the Best Fund Over 3-Years among 24 short-intermediate municipal debt funds for the period ending November 30, 2023. This accolade is a testament to the fund's exceptional risk-adjusted performance compared to its peers. Managed by a team of seasoned professionals including Lyle Fitterer, CFA, Duane McAllister, CFA, Erik Schleicher, CFA, Joe Czechowicz, CFA, and Gabe Diederich, CFA, the fund has now achieved this prestigious recognition for five consecutive years.
Mary Ellen Stanek, CFA, Baird Advisors Co-Chief Investment Officer and Baird Funds President, attributed this success to the team's consistent process, collaborative approach, and extensive experience in the municipal bond sector. The LSEG Lipper Fund Awards are based on a rigorous, quantitative proprietary methodology by Lipper, ensuring an unbiased evaluation of fund performance. Lyle Fitterer expressed enthusiasm about the award, especially during a period when the potential in bonds, particularly municipal bonds, is highly attractive. Baird has also outlined its perspective on the top ten reasons to like bonds now, further emphasizing the current opportunities in the bond market.
As of February 28, 2024, the Baird Funds family oversees more than $107 billion in assets across a diverse range of fixed income and equity portfolios. This achievement not only highlights the fund's outstanding performance but also reinforces Baird's position as a leader in the investment management industry. For those interested in learning more about the Baird Strategic Municipal Bond Fund and its offerings, additional information is available on their official website.
