BBH Select Series - Mid Cap Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.5%
1 yr return
20.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$197 M
Holdings in Top 10
47.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BBMIX - Profile
Distributions
- YTD Total Return 0.5%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.40%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBBH Select Series - Mid Cap Fund
-
Fund Family NameBBH TRUST
-
Inception DateMay 24, 2021
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTimothy Harris
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in publicly traded mid capitalization (mid cap) equity securities. Domestic securities include companies that are incorporated or headquartered in the U.S. Such securities may be issued by domestic or foreign issuers. The Fund may invest in the securities of foreign issuers both directly and in the form of depository receipts, including both sponsored and unsponsored American Depository Receipts (“ADRs”) and Global Depository Receipts (“GDRs”), each of which represent an interest in foreign securities. Securities of foreign issuers, or foreign securities, include companies that are neither incorporated nor headquartered in the U.S. The Fund primarily seeks to buy common stock and may also invest in preferred stock. The Fund may also invest in large cap and small cap publicly traded equity securities. From time to time the Fund may invest in shares of companies through “new issues” or initial public offerings (“IPOs”). Subject to applicable statutory and regulatory limitations, the Fund may invest in shares of other investment companies, consisting of mutual funds and exchange-traded funds (“ETFs”). The
Fund may also purchase other securities with equity characteristics, including securities convertible into common stock. Brown Brothers Harriman & Co. (“BBH&Co.”), through a separately identifiable department (“Investment Adviser”), considers mid cap securities to be securities that at the time of purchase have a market capitalization within the range of companies included in the Russell Midcap Index. As of January 31, 2024, the market capitalization range of companies included in the Russell Midcap Index was $362.31million to $76.62billion.
The Fund’s strategy is based on fundamental business analysis and a long-term orientation. The Investment Adviser selects companies based on their qualitative merits, competitive profile and prospective value creation potential. As part of the Fund’s investment process, the Investment Adviser may consider environmental, social and governance (“ESG”) factors for equity investments in the portfolio. ESG factors may include, the environmental and social risks of the issuer as well as the issuer’s instituted governance programs. The Fund follows a “buy and own” approach that does not make use of short-term trades in pursuit of small gains. The Investment Adviser believes that its long-term orientation can benefit the Fund’s net performance results. Investments may be sold if they appreciate to levels at or near the higher end of the Investment Adviser’s estimated ranges of intrinsic value.
The Fund is non-diversified and may invest a greater percentage of its assets in a particular issuer than would a diversified fund.
BBMIX - Performance
Return Ranking - Trailing
Period | BBMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.5% | -13.2% | 18.5% | 93.96% |
1 Yr | 20.5% | -3.5% | 42.5% | 32.69% |
3 Yr | N/A* | -22.6% | 15.9% | N/A |
5 Yr | N/A* | -1.5% | 19.9% | N/A |
10 Yr | N/A* | 2.2% | 12.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | BBMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 25.9% | -12.9% | 28.8% | 3.59% |
2022 | -24.8% | -52.6% | 20.1% | 82.17% |
2021 | N/A | -43.8% | 32.4% | N/A |
2020 | N/A | -10.6% | 82.1% | N/A |
2019 | N/A | -8.5% | 37.5% | N/A |
Total Return Ranking - Trailing
Period | BBMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.5% | -13.2% | 18.5% | 93.96% |
1 Yr | 20.5% | -3.5% | 42.5% | 32.69% |
3 Yr | N/A* | -22.6% | 15.9% | N/A |
5 Yr | N/A* | -1.5% | 19.9% | N/A |
10 Yr | N/A* | 2.2% | 12.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BBMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.0% | 1.2% | 31.3% | 5.80% |
2022 | -24.8% | -45.7% | 21.1% | 96.10% |
2021 | N/A | -30.2% | 52.8% | N/A |
2020 | N/A | -8.4% | 84.3% | N/A |
2019 | N/A | 1.0% | 43.4% | N/A |
NAV & Total Return History
BBMIX - Holdings
Concentration Analysis
BBMIX | Category Low | Category High | BBMIX % Rank | |
---|---|---|---|---|
Net Assets | 197 M | 728 K | 160 B | 65.58% |
Number of Holdings | 27 | 1 | 2609 | 95.93% |
Net Assets in Top 10 | 103 M | 155 K | 11.7 B | 43.63% |
Weighting of Top 10 | 47.71% | 3.4% | 100.0% | 10.60% |
Top 10 Holdings
- GUIDEWIRE SOFTWARE INC 0.00000000 6.08%
- ENTEGRIS INC 0.00000000 5.77%
- WATSCO INC 0.00000000 5.54%
- BROWN BROWN INC 0.00000000 5.42%
- CROWN HOLDINGS INC 0.00000000 4.74%
- BRUKER CORP 0.00000000 4.41%
- TAKE-TWO INTERACTIVE SOFTWRE 0.00000000 4.23%
- ADVANCED DRAINAGE SYSTEMS IN 0.00000000 4.18%
- NVR INC 0.00000000 3.68%
- SHIFT4 PAYMENTS INC-CLASS A 0.00000000 3.66%
Asset Allocation
Weighting | Return Low | Return High | BBMIX % Rank | |
---|---|---|---|---|
Stocks | 96.59% | 14.60% | 104.46% | 85.91% |
Cash | 3.41% | 0.00% | 30.96% | 22.49% |
Preferred Stocks | 0.00% | 0.00% | 14.30% | 98.37% |
Other | 0.00% | -1.04% | 23.02% | 92.41% |
Convertible Bonds | 0.00% | 0.00% | 1.78% | 98.37% |
Bonds | 0.00% | 0.00% | 62.14% | 98.37% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BBMIX % Rank | |
---|---|---|---|---|
Technology | 26.23% | 0.00% | 40.65% | 2.99% |
Industrials | 18.88% | 0.00% | 45.89% | 22.01% |
Consumer Cyclical | 18.05% | 2.49% | 46.48% | 10.87% |
Healthcare | 17.16% | 0.00% | 24.06% | 5.71% |
Financial Services | 12.03% | 0.00% | 46.10% | 73.64% |
Basic Materials | 3.94% | 0.00% | 16.35% | 79.35% |
Communication Services | 3.71% | 0.00% | 30.98% | 19.02% |
Utilities | 0.00% | 0.00% | 18.97% | 99.73% |
Real Estate | 0.00% | 0.00% | 25.82% | 99.73% |
Energy | 0.00% | 0.00% | 58.13% | 100.00% |
Consumer Defense | 0.00% | 0.00% | 32.18% | 99.73% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BBMIX % Rank | |
---|---|---|---|---|
US | 96.59% | 14.60% | 104.46% | 81.30% |
Non US | 0.00% | 0.00% | 19.95% | 98.64% |
BBMIX - Expenses
Operational Fees
BBMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.09% | 0.03% | 35.91% | 42.62% |
Management Fee | 0.75% | 0.00% | 1.50% | 79.56% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
BBMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
BBMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 80.00% |
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.
BBMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 304.00% | 1.39% |
BBMIX - Distributions
Dividend Yield Analysis
BBMIX | Category Low | Category High | BBMIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.10% | 0.00% | 30.24% | 81.84% |
Dividend Distribution Analysis
BBMIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
BBMIX | Category Low | Category High | BBMIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.40% | -2.06% | 3.38% | 88.01% |
Capital Gain Distribution Analysis
BBMIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
BBMIX - Fund Manager Analysis
Managers
Timothy Harris
Start Date
Tenure
Tenure Rank
May 24, 2021
1.02
1.0%
Mr. Timothy Harris is a Senior Vice President of BBH&Co. with 21 years of investment experience. Mr. Harris holds a B.A. from Tufts University, Summa Cum Laude, and an M.B.A from the MIT Sloan School of Business. He joined BBH&Co. in 2017.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 38.44 | 7.24 | 5.78 |