Brown Advisory Flexible Equity Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.9%
1 yr return
35.4%
3 Yr Avg Return
8.1%
5 Yr Avg Return
14.5%
Net Assets
$863 M
Holdings in Top 10
42.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.69%
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 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BIAFX - Profile
Distributions
- YTD Total Return 8.9%
- 3 Yr Annualized Total Return 8.1%
- 5 Yr Annualized Total Return 14.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.10%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBrown Advisory Flexible Equity Fund
-
Fund Family NameBrown Advisory Funds
-
Inception DateOct 15, 2012
-
Shares Outstanding14730107
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManeesh Bajaj
Fund Description
BIAFX - Performance
Return Ranking - Trailing
Period | BIAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.9% | -17.6% | 19.3% | 30.95% |
1 Yr | 35.4% | -19.9% | 65.1% | 47.20% |
3 Yr | 8.1%* | -30.8% | 22.1% | 11.29% |
5 Yr | 14.5%* | -16.0% | 27.9% | 27.80% |
10 Yr | 13.2%* | -5.6% | 18.6% | 45.60% |
* Annualized
Return Ranking - Calendar
Period | BIAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 30.9% | -74.1% | 72.4% | 54.67% |
2022 | -23.8% | -85.9% | 4.7% | 10.54% |
2021 | 20.4% | -52.4% | 60.5% | 13.94% |
2020 | 16.1% | -34.3% | 145.0% | 82.34% |
2019 | 30.4% | -21.8% | 49.4% | 18.34% |
Total Return Ranking - Trailing
Period | BIAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.9% | -17.6% | 19.3% | 30.95% |
1 Yr | 35.4% | -19.9% | 65.1% | 47.20% |
3 Yr | 8.1%* | -30.8% | 22.1% | 11.29% |
5 Yr | 14.5%* | -16.0% | 27.9% | 27.80% |
10 Yr | 13.2%* | -5.6% | 18.6% | 45.60% |
* Annualized
Total Return Ranking - Calendar
Period | BIAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 34.5% | -4.6% | 72.4% | 62.02% |
2022 | -21.1% | -61.7% | 5.6% | 13.87% |
2021 | 25.0% | -39.8% | 118.1% | 27.98% |
2020 | 19.8% | 2.8% | 149.2% | 94.11% |
2019 | 36.3% | -5.2% | 49.4% | 21.43% |
NAV & Total Return History
BIAFX - Holdings
Concentration Analysis
BIAFX | Category Low | Category High | BIAFX % Rank | |
---|---|---|---|---|
Net Assets | 863 M | 242 K | 269 B | 59.56% |
Number of Holdings | 47 | 1 | 3217 | 68.42% |
Net Assets in Top 10 | 337 M | 104 K | 111 B | 61.29% |
Weighting of Top 10 | 42.72% | 0.7% | 205.0% | 76.68% |
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 | BIAFX % Rank | |
---|---|---|---|---|
Stocks | 95.97% | 0.00% | 130.05% | 89.56% |
Cash | 4.03% | -1.50% | 173.52% | 10.36% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 57.47% |
Other | 0.00% | -43.49% | 50.04% | 59.51% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 50.43% |
Bonds | 0.00% | 0.00% | 104.15% | 52.89% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BIAFX % Rank | |
---|---|---|---|---|
Financial Services | 29.19% | 0.00% | 43.06% | 0.77% |
Technology | 18.08% | 0.00% | 65.70% | 96.00% |
Consumer Cyclical | 13.17% | 0.00% | 62.57% | 65.90% |
Healthcare | 12.81% | 0.00% | 39.76% | 48.21% |
Communication Services | 11.79% | 0.00% | 66.40% | 35.80% |
Industrials | 6.43% | 0.00% | 30.65% | 49.83% |
Energy | 3.85% | 0.00% | 41.09% | 14.46% |
Consumer Defense | 1.77% | 0.00% | 25.50% | 74.57% |
Real Estate | 1.64% | 0.00% | 16.05% | 37.93% |
Basic Materials | 1.27% | 0.00% | 18.91% | 48.30% |
Utilities | 0.00% | 0.00% | 16.07% | 64.80% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BIAFX % Rank | |
---|---|---|---|---|
US | 95.97% | 0.00% | 130.05% | 76.40% |
Non US | 0.00% | 0.00% | 78.10% | 66.04% |
BIAFX - Expenses
Operational Fees
BIAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.69% | 0.01% | 19.54% | 75.57% |
Management Fee | 0.43% | 0.00% | 1.50% | 16.71% |
12b-1 Fee | N/A | 0.00% | 1.00% | 2.04% |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
BIAFX 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
BIAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 68.09% |
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.
BIAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 13.00% | 0.00% | 316.74% | 14.77% |
BIAFX - Distributions
Dividend Yield Analysis
BIAFX | Category Low | Category High | BIAFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.20% | 0.00% | 28.33% | 36.48% |
Dividend Distribution Analysis
BIAFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annual |
Net Income Ratio Analysis
BIAFX | Category Low | Category High | BIAFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.10% | -6.13% | 3.48% | 20.36% |
Capital Gain Distribution Analysis
BIAFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $0.076 | OrdinaryDividend |
Dec 27, 2022 | $0.059 | OrdinaryDividend |
Dec 27, 2021 | $0.032 | OrdinaryDividend |
Dec 23, 2020 | $0.071 | OrdinaryDividend |
Dec 20, 2019 | $0.112 | OrdinaryDividend |
Dec 21, 2018 | $0.051 | OrdinaryDividend |
Dec 27, 2017 | $0.088 | OrdinaryDividend |
Nov 28, 2016 | $0.074 | OrdinaryDividend |
Dec 29, 2015 | $0.090 | OrdinaryDividend |
Dec 23, 2014 | $0.072 | OrdinaryDividend |
Dec 27, 2013 | $0.040 | OrdinaryDividend |
Dec 31, 2012 | $0.054 | OrdinaryDividend |
BIAFX - 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 | 8.22 | 3.08 |