Morningstar - Q4 2021 - 20

All-Weather Bond Funds
Compounding Consistent Returns Over Time
Annualized Returns as of 9/30/2021
Institutional Class
Baird Core Plus Bond Fund
Bloomberg U.S. Universal
Bond Index
Baird Aggregate Bond Fund
Bloomberg Aggregate Index
Baird Intermediate Bond Fund
Bloomberg Intermediate
Govt/Credit Index
Baird Short-Term Bond Fund
Bloomberg 1-3 Year
Govt/Credit Index
Baird Ultra Short Bond Fund
Bloomberg Short-Term
Govt/Corporate Index
Baird Short-Term Municipal Bond Fund
Bloomberg 1-5 Year Short
Municipal Bond Index
Baird Core Intermediate Municipal Bond Fund
Bloomberg 1-15 Year
Municipal Bond Index
Baird Quality Intermediate Muni Bond Fund
Bloomberg Quality Intermediate
Municipal Bond Index
Baird Municipal Bond Fund
Bloomberg Municipal Bond Index
Baird Strategic Municipal Bond Fund
Bloomberg 1-10 Year
Municipal Blend Index
2/11/2021
2/11/2021
2/19/2021
2/11/2021
Since
1-Year
0.53%
0.20%
-0.31%
-0.90%
-0.02%
-0.40%
0.74%
0.30%
0.37%
0.19%
1.20%
0.75%
2.39%
1.82%
0.64%
1.10%
5.05%
2.63%
3.48%
1.33%
3-Year
6.21%
5.57%
5.96%
5.36%
4.95%
4.63%
3.28%
2.87%
1.77%
1.59%
2.98%
2.66%
4.78%
4.44%
3.83%
4.09%
n/a
n/a
n/a
n/a
5-Year
3.83%
3.30%
3.45%
2.94%
2.93%
2.60%
2.32%
1.89%
1.70%
1.45%
2.23%
1.83%
3.27%
2.85%
2.27%
2.52%
n/a
n/a
n/a
n/a
10-Year
4.10%
3.46%
3.90%
3.01%
3.15%
2.52%
2.27%
1.47%
n/a
n/a
n/a
n/a
n/a
n/a
2.43%
2.88%
n/a
n/a
n/a
n/a
Inception1
5.69%
4.99%
5.23%
4.72%
4.67%
4.23%
2.76%
2.36%
1.45%
1.07%
2.30%
1.76%
3.69%
3.17%
3.83%
3.91%
7.14%
3.64%
5.83%
2.78%
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.
Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment in the fund will
fl uctuate so that an investor's 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. For performance data to the most recent month end, contact Baird directly at 866-442-2473 or http://www.bairdassetmanagement.com/baird-funds.
Expense Ratio for the Institutional Share Classes is 0.30%; for the Investor Share Classes is 0.55%. Returns shown include the reinvestment of all dividends and capital gains.
1
Inception Dates: Baird Core Plus, Aggregate and Intermediate Bond Funds are Sept. 30, 2000; Baird Short-Term Bond Fund is Aug. 31, 2004; Baird Ultra Short Bond Fund is Dec. 31,
2013; Baird Quality Intermediate Municipal Bond Fund is March 31, 2001; Baird Core Intermediate and Short-Term Municipal Bond Funds are Aug. 31, 2015; and Baird Municipal and
Strategic Municipal Bond Funds are Nov. 15, 2019.
©2021 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted
to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past
performance is no guarantee of future results. For active funds, a Morningstar Analyst Rating of Gold, Silver, or Bronze refl ects the expectation a fund will be able
to deliver positive alpha net of fees relative to the standard benchmark index assigned to the Morningstar category. For more detailed information about
Morningstar's Analyst Rating: https://shareholders.morningstar.com/investor-relations/governance/Compliance--Disclosure/default.aspx
©2021 Robert W. Baird & Co. Incorporated. Member SIPC. MC-700360.

http://www.bairdassetmanagement.com/baird-funds https://shareholders.morningstar.com/investor-relations/governance/Compliance--Disclosure/default.aspx

Morningstar - Q4 2021

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