Trying to time interest rates and move duration around is a fool's game, says Baird's Mary Ellen Stanek .
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This mutual fund is better than its relative returns suggest.
Instead of outguessing short-term interest rate moves, fund shop Baird looks to add value on yield curve positioning, individual security selection, and sector allocation, and is currently finding opportunities in corporates.
Now is not the time for investors to overstretch themselves in fixed income, but decent returns are still available in high-quality bonds, says Baird's Mary Ellen Stanek .