Brown Advisory Strategic Bond Instl
Name
As of 10/14/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.5%
1 yr return
1.8%
3 Yr Avg Return
2.8%
5 Yr Avg Return
3.1%
Net Assets
$144 M
Holdings in Top 10
41.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.57%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 151.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000,000
IRA
$100
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/14/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BIABX - Profile
Distributions
- YTD Total Return -1.5%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.23%
- Dividend Yield 3.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBrown Advisory Strategic Bond Fund
-
Fund Family NameBrown Advisory Funds
-
Inception DateOct 30, 2014
-
Shares Outstanding15081029
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas Graff
Fund Description
BIABX - Performance
Return Ranking - Trailing
Period | BIABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.5% | -8.7% | 205.4% | 93.99% |
1 Yr | 1.8% | -6.9% | 7.9% | 89.08% |
3 Yr | 2.8%* | -1.7% | 4.7% | 47.71% |
5 Yr | 3.1%* | -1.6% | 5.6% | 11.32% |
10 Yr | N/A* | 0.1% | 4.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | BIABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.1% | -2.4% | 5.0% | 14.59% |
2022 | -2.7% | -50.6% | 1.0% | 94.40% |
2021 | 0.9% | -1.6% | 2.8% | 6.33% |
2020 | 1.6% | -65.8% | 7.1% | 9.35% |
2019 | -6.5% | -75.0% | 3.0% | 98.10% |
Total Return Ranking - Trailing
Period | BIABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.5% | -8.7% | 205.4% | 93.99% |
1 Yr | 1.8% | -7.8% | 7.9% | 74.57% |
3 Yr | 2.8%* | -1.7% | 4.7% | 41.65% |
5 Yr | 3.1%* | -1.6% | 5.6% | 10.17% |
10 Yr | N/A* | 0.1% | 4.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BIABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.6% | -2.3% | 5.0% | 8.54% |
2022 | 0.5% | -4.2% | 6.5% | 12.16% |
2021 | 3.5% | -1.6% | 5.9% | 3.38% |
2020 | 4.5% | -65.2% | 10.7% | 4.90% |
2019 | -3.5% | -7.0% | 3.5% | 95.01% |
NAV & Total Return History
BIABX - Holdings
Concentration Analysis
BIABX | Category Low | Category High | BIABX % Rank | |
---|---|---|---|---|
Net Assets | 144 M | 4.99 M | 66.8 B | 79.76% |
Number of Holdings | 160 | 3 | 4785 | 77.50% |
Net Assets in Top 10 | -3.38 M | -162 M | 7.39 B | 98.65% |
Weighting of Top 10 | 41.42% | 2.5% | 100.0% | 20.33% |
Top 10 Holdings
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
- Ultra 10 Year US Treasury Note Future Dec 20 13.94%
Asset Allocation
Weighting | Return Low | Return High | BIABX % Rank | |
---|---|---|---|---|
Bonds | 75.05% | 0.00% | 174.62% | 96.11% |
Cash | 23.28% | -77.67% | 100.00% | 2.20% |
Convertible Bonds | 0.95% | 0.00% | 32.87% | 72.08% |
Preferred Stocks | 0.71% | 0.00% | 52.77% | 3.55% |
Stocks | 0.00% | 0.00% | 7.11% | 50.25% |
Other | 0.00% | -4.23% | 20.06% | 47.04% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BIABX % Rank | |
---|---|---|---|---|
Corporate | 40.93% | 0.00% | 100.00% | 47.21% |
Securitized | 39.77% | 0.00% | 86.18% | 23.52% |
Cash & Equivalents | 19.12% | 0.00% | 100.00% | 11.51% |
Municipal | 0.18% | 0.00% | 15.94% | 28.43% |
Derivative | 0.00% | 0.00% | 37.09% | 56.35% |
Government | 0.00% | 0.00% | 77.61% | 96.28% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BIABX % Rank | |
---|---|---|---|---|
US | 69.76% | 0.00% | 143.57% | 85.45% |
Non US | 5.29% | -20.17% | 78.67% | 81.73% |
BIABX - Expenses
Operational Fees
BIABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.57% | 0.01% | 34.57% | 66.38% |
Management Fee | 0.40% | 0.00% | 1.19% | 70.81% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
BIABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 5.00% | N/A |
Trading Fees
BIABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 72.73% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BIABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 151.00% | 0.00% | 496.37% | 79.13% |
BIABX - Distributions
Dividend Yield Analysis
BIABX | Category Low | Category High | BIABX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.58% | 0.00% | 3.96% | 48.83% |
Dividend Distribution Analysis
BIABX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
BIABX | Category Low | Category High | BIABX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.23% | -9.96% | 4.42% | 5.44% |
Capital Gain Distribution Analysis
BIABX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 29, 2019 | $0.030 | |
Feb 28, 2019 | $0.025 | |
Jan 31, 2019 | $0.023 | |
Dec 21, 2018 | $0.034 | |
Nov 30, 2018 | $0.026 | |
Oct 31, 2018 | $0.028 | |
Sep 28, 2018 | $0.026 | |
Aug 31, 2018 | $0.027 | |
Jul 31, 2018 | $0.030 | |
Jun 29, 2018 | $0.022 | |
May 31, 2018 | $0.027 | |
Apr 30, 2018 | $0.024 | |
Mar 29, 2018 | $0.024 | |
Feb 28, 2018 | $0.019 | |
Jan 31, 2018 | $0.020 | |
Dec 27, 2017 | $0.027 | |
Nov 30, 2017 | $0.023 | |
Oct 31, 2017 | $0.022 | |
Sep 29, 2017 | $0.021 | |
Aug 31, 2017 | $0.023 | |
Jul 31, 2017 | $0.020 | |
Jun 30, 2017 | $0.021 | |
May 31, 2017 | $0.021 | |
Apr 28, 2017 | $0.017 | |
Mar 31, 2017 | $0.019 | |
Feb 28, 2017 | $0.017 | |
Jan 31, 2017 | $0.015 | |
Nov 30, 2016 | $0.019 | |
Oct 31, 2016 | $0.020 | |
Sep 30, 2016 | $0.021 | |
Aug 31, 2016 | $0.022 | |
Jul 29, 2016 | $0.018 | |
Jun 30, 2016 | $0.020 | |
May 31, 2016 | $0.019 | |
Apr 29, 2016 | $0.022 | |
Mar 31, 2016 | $0.027 | |
Feb 29, 2016 | $0.025 | |
Jan 29, 2016 | $0.023 | |
Dec 29, 2015 | $0.061 | |
Nov 30, 2015 | $0.023 | |
Oct 30, 2015 | $0.030 | |
Sep 30, 2015 | $0.032 | |
Aug 31, 2015 | $0.032 | |
Jul 31, 2015 | $0.155 | |
Dec 23, 2014 | $0.055 |
BIABX - Fund Manager Analysis
Managers
Thomas Graff
Start Date
Tenure
Tenure Rank
Sep 30, 2011
9.01
9.0%
Tom is a partner and serves as head of fixed income and portfolio manager. He primarily concentrates on the management and analysis of taxable bond portfolios, including macroeconomic analysis. Prior to joining the firm, Tom was a managing director at Cavanaugh Capital Management. He served as a portfolio manager and was responsible for trading, analysis and management of taxable fixed income portfolios. Tom is also a freelance writer for TheStreet.com, offering weekly insight into various fixed income and macroeconomic topics. Education: Loyola University Maryland, BA (1999) Community Involvement Member: CFA Institute, Baltimore CFA Society Board of Sponsors of the Sellinger School of Business at Loyola University Certifications: CFA®
Robert Snyder
Start Date
Tenure
Tenure Rank
Oct 31, 2014
5.92
5.9%
Robert H. Snyder is a Portfolio Manager at Brown Advisory and a member of the Fixed Income Investment Team. Prior to joining the firm in 2014, he was Principal and member of the risk allocation and credit committees at Kingsland Capital, where his primary focus was portfolio construction and management of high yield assets. Mr. Snyder’s experience includes both high yield par and distressed credit analysis across multiple industry sectors and security-types. Mr. Snyder graduated from Cornell University in 1997 with a BA in Economics.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 27.67 | 5.98 | 0.75 |