BAIRD NOMINATED FOR 2023 MORNINGSTAR EXEMPLARY STEWARDSHIP AWARD

    MILWAUKEE, WI, March 14, 2023 /24-7PressRelease/ -- Employee-owned Baird announced today that Baird Asset Management has been nominated for Morningstar's 2023 Exemplary Stewardship award for the second time in as many years.

Morningstar presents the Exemplary Stewardship Award to an asset manager that has shown an unwavering focus on serving the best interests of investors. The firms must demonstrate an investor focused corporate culture and an alignment of interests between investors and the people who control the destiny of the investment strategies.

"This nomination is an extraordinary honor and speaks to Baird's unwavering commitment to doing what is best for clients," said Steve Booth, Baird's Chairman, President and Chief Executive Officer. "Our institutional asset management group has consistently put investors first in all decisions. We are proud to be under consideration for exemplary stewardship as it has always been our foremost goal."

The Morningstar Awards for Investing Excellence recognize portfolio managers and asset-management firms that demonstrate excellent investment skill, the courage to differ from the consensus to benefit investors, and an alignment of interests with the strategies' investors. Morningstar's manager research analysts conduct in-depth qualitative analyses in order to select nominees and, subsequently, vote to determine the award winner. Morningstar's methodology is available here.

Last year, Mary Ellen Stanek, CFA, President of Baird Funds and Co-Chief Investment Officer of Baird Advisors, was named the 2022 Morningstar Awards for Investing Excellence Outstanding Portfolio Manager. She was recognized as the Co-Chief Investment Officer of the team that manages Baird Funds' suite of taxable and tax-exempt fixed income funds.

The winners will be announced on March 21, 2023, and again at the Morningstar Investment Conference.

About Baird Funds
Baird Funds is a no-load mutual fund family with more than $90.2 billion in assets as of February 28, 2023. The Baird Funds offer proven track records and a variety of portfolios spanning fixed income and equity asset classes. The ten bond funds and five stock funds feature competitive fees and are managed with a careful focus on risk control. For more information, visit www.bairdfunds.com.

About Baird
Putting clients first since 1919, Baird is an employee-owned, international wealth management, asset management, investment banking/capital markets, and private equity firm with offices in the United States, Europe and Asia. Baird has more than 5,000 associates serving the needs of individual, corporate, institutional and municipal clients and approximately $376 billion in client assets as of December 31, 2022. Committed to being a great workplace, Baird ranked No. 27 on the 2022 Fortune 100 Best Companies to Work For® list – its 19th consecutive year on the list. Baird is the marketing name of Baird Financial Group. Baird's principal operating subsidiaries are Robert W. Baird & Co. Incorporated and Baird Trust Company in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird's investment banking and private equity operations. For more information, please visit Baird's website at www.rwbaird.com.

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