Brown Advisory Flexible Equity Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.4%
1 yr return
29.9%
3 Yr Avg Return
7.5%
5 Yr Avg Return
14.2%
Net Assets
$863 M
Holdings in Top 10
42.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 13.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$100
IRA
$100
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BAFAX - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return 7.5%
- 5 Yr Annualized Total Return 14.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.15%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBrown Advisory Flexible Equity Fund
-
Fund Family NameBrown Advisory Funds
-
Inception DateOct 19, 2012
-
Shares Outstanding171409
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManeesh Bajaj
Fund Description
BAFAX - Performance
Return Ranking - Trailing
Period | BAFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | -15.5% | 20.9% | 59.79% |
1 Yr | 29.9% | -22.1% | 61.0% | 61.46% |
3 Yr | 7.5%* | -31.0% | 22.5% | 18.98% |
5 Yr | 14.2%* | -16.4% | 29.0% | 43.42% |
10 Yr | 12.6%* | -5.7% | 18.8% | 57.48% |
* Annualized
Return Ranking - Calendar
Period | BAFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 30.8% | -74.1% | 72.4% | 55.20% |
2022 | -23.8% | -85.9% | 4.7% | 10.66% |
2021 | 20.1% | -52.4% | 60.5% | 14.77% |
2020 | 16.0% | -34.3% | 145.0% | 82.97% |
2019 | 30.3% | -21.8% | 49.4% | 18.75% |
Total Return Ranking - Trailing
Period | BAFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | -15.5% | 20.9% | 59.79% |
1 Yr | 29.9% | -22.1% | 61.0% | 61.46% |
3 Yr | 7.5%* | -31.0% | 22.5% | 18.98% |
5 Yr | 14.2%* | -16.4% | 29.0% | 43.42% |
10 Yr | 12.6%* | -5.7% | 18.8% | 57.48% |
* Annualized
Total Return Ranking - Calendar
Period | BAFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 34.2% | -4.6% | 72.4% | 63.37% |
2022 | -21.3% | -61.7% | 5.6% | 14.77% |
2021 | 24.6% | -39.8% | 118.1% | 29.80% |
2020 | 19.6% | 2.8% | 149.2% | 94.60% |
2019 | 36.0% | -5.2% | 49.4% | 24.81% |
NAV & Total Return History
BAFAX - Holdings
Concentration Analysis
BAFAX | Category Low | Category High | BAFAX % Rank | |
---|---|---|---|---|
Net Assets | 863 M | 242 K | 269 B | 59.46% |
Number of Holdings | 47 | 1 | 3217 | 69.70% |
Net Assets in Top 10 | 337 M | 104 K | 111 B | 61.18% |
Weighting of Top 10 | 42.72% | 0.7% | 205.0% | 76.99% |
Top 10 Holdings
- Microsoft Corp 7.23%
- Visa Inc 4.82%
- Mastercard Inc 4.67%
- First American Government Obligations Fund 4.01%
- Berkshire Hathaway Inc 3.86%
- Apple Inc 3.85%
- Meta Platforms Inc 3.79%
- Alphabet Inc 3.64%
- KKR Co Inc 3.44%
- Amazon.com Inc 3.41%
Asset Allocation
Weighting | Return Low | Return High | BAFAX % Rank | |
---|---|---|---|---|
Stocks | 95.97% | 0.00% | 130.05% | 89.79% |
Cash | 4.03% | -1.50% | 173.52% | 10.46% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 98.31% |
Other | 0.00% | -43.49% | 50.04% | 92.83% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 96.62% |
Bonds | 0.00% | 0.00% | 104.15% | 97.38% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BAFAX % Rank | |
---|---|---|---|---|
Financial Services | 29.19% | 0.00% | 43.06% | 0.93% |
Technology | 18.08% | 0.00% | 65.70% | 96.20% |
Consumer Cyclical | 13.17% | 0.00% | 62.57% | 66.19% |
Healthcare | 12.81% | 0.00% | 39.76% | 48.18% |
Communication Services | 11.79% | 0.00% | 66.40% | 35.93% |
Industrials | 6.43% | 0.00% | 30.65% | 50.04% |
Energy | 3.85% | 0.00% | 41.09% | 14.54% |
Consumer Defense | 1.77% | 0.00% | 25.50% | 74.81% |
Real Estate | 1.64% | 0.00% | 16.05% | 38.21% |
Basic Materials | 1.27% | 0.00% | 18.91% | 48.27% |
Utilities | 0.00% | 0.00% | 16.07% | 98.73% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BAFAX % Rank | |
---|---|---|---|---|
US | 95.97% | 0.00% | 130.05% | 76.62% |
Non US | 0.00% | 0.00% | 78.10% | 98.48% |
BAFAX - Expenses
Operational Fees
BAFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.94% | 0.01% | 19.54% | 52.62% |
Management Fee | 0.43% | 0.00% | 1.50% | 16.78% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 61.09% |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
BAFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BAFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 100.00% |
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.
BAFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 13.00% | 0.00% | 316.74% | 15.27% |
BAFAX - Distributions
Dividend Yield Analysis
BAFAX | Category Low | Category High | BAFAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.07% | 0.00% | 28.10% | 40.24% |
Dividend Distribution Analysis
BAFAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
BAFAX | Category Low | Category High | BAFAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.15% | -6.13% | 3.48% | 36.41% |
Capital Gain Distribution Analysis
BAFAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $0.028 | OrdinaryDividend |
Dec 23, 2020 | $0.036 | OrdinaryDividend |
Dec 20, 2019 | $0.080 | OrdinaryDividend |
Dec 27, 2017 | $0.031 | OrdinaryDividend |
Nov 28, 2016 | $0.027 | OrdinaryDividend |
Dec 29, 2015 | $0.038 | OrdinaryDividend |
Dec 23, 2014 | $0.025 | OrdinaryDividend |
Dec 27, 2013 | $0.028 | OrdinaryDividend |
Dec 31, 2012 | $0.033 | OrdinaryDividend |
BAFAX - Fund Manager Analysis
Managers
Maneesh Bajaj
Start Date
Tenure
Tenure Rank
Oct 31, 2017
4.58
4.6%
Maneesh is the portfolio manager for the Flexible Equity strategy. Prior to joining the firm in 2005, he was a strategy consultant at McKinsey & Co., New York. He also worked in Corporate Value Consulting at Standard & Poor’s and in design and development of telecommunication networks at Primus Telecommunications.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.2 | 2.92 |