2 Newly Rated--and Exceptional--Funds
Here's what we think of a bond fund from a well-respected shop and an intriguing mid-cap stock fund with a well-heeled manager.
Today we’re looking at two funds that Morningstar’s analysts have brought under coverage during the past few months.
Baird Ultra Short Bond (BUBIX), a newer addition to Baird’s taxable fixed-income franchise, sports the same highly competent team and stellar investment process that has bolstered other funds in the family. It earns a Morningstar Analyst Rating of Gold on its cheaper share class and Silver on its more expensive option.