We look at the nominees for Morningstar's Outstanding Portfolio Manager award and their funds.
Baird Core Plus Bond stands out for its consistent style, excellent approach to risk management, and strong stewardship.
Only 10 funds in the intermediate-term bond category earn our top Morningstar Analyst Rating of Gold. Baird Aggregate Bond just made the list.
The category was the the third best performing of the year, but careful and prudent active management is ever important.
These highly rated ultrashort bond funds can diversify a cash strategy--and add incremental yield, too.
Bronze-rated MainStay MacKay High Yield Muni rewards investors who have patience for short-term volatility.
The quality of BBB corporate bonds has deteriorated in some places, but a few managers have continued to add exposure.
Baird's Mary Ellen Stanek says strengthening cyclical forces in the U.S. are facing secular headwinds that may dampen economic growth.
July brings five upgrades, eight downgrades, and six new ratings.
Investors comfortable with a bias toward corporate bonds should consider Baird Short Term Bond.
We’ve downgraded Vanguard Short-Term Investment-Grade to Bronze from Silver due to lead manager Greg Nassour's unexpected departure.
Bronze-Rated MainStay Tax Free Bond has effectively managed its risks but isn't an appropriate substitute for a conservative muni fund.
Longer maturities and leverage increase the duration of the typical muni closed-end fund as compared to its open-end cousin.