Continue to site >
Trending ETFs

Name

As of 06/18/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.55

$65.6 M

0.01%

$0.00

1.32%

Vitals

YTD Return

-0.4%

1 yr return

10.7%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$65.6 M

Holdings in Top 10

28.1%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.32%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee 1.00%


Min Investment

Standard (Taxable)

$100

IRA

$100


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/18/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.55

$65.6 M

0.01%

$0.00

1.32%

BIAYX - Profile

Distributions

  • YTD Total Return -0.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Brown Advisory Sustainable Small-Cap Core Fund
  • Fund Family Name
    Brown Advisory Funds
  • Inception Date
    Sep 30, 2021
  • Shares Outstanding
    56887
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Timothy Hathaway

Fund Description

Under normal conditions, Brown Advisory LLC (the “Adviser”) seeks to achieve the Fund’s investment objective by investing at least 80% of the value of its net assets (plus any borrowings for investment purposes) in equity securities of small domestic companies that satisfy the Fund’s sustainable investment criteria, together the “Investment Criteria” of the Fund. The Adviser will seek to balance growth oriented and value oriented holdings to achieve a core portfolio. Small companies, according to the Adviser, are companies whose market capitalizations are generally less than $6 billion or the maximum capitalization of companies in the Russell 2000® Index (which was approximately $14.464 billion as of September 30, 2023), whichever is greater, at the time of purchase. The market capitalizations of the companies in the Fund’s portfolio and the Russell 2000® Index changes over time; the Fund will not automatically sell or cease to purchase stock of a company it already owns just because the company’s market capitalization grows or falls outside this range.
Equity securities include domestic common and preferred stock, equity-equivalent securities such as convertible securities, stock futures contracts, equity options, other investment companies, American Depositary Receipts (“ADRs”), real estate investment trusts (“REITs”) and exchange traded funds (“ETFs”). The Fund may also invest in private placements in these types of securities. The Fund may invest in ETFs that have an investment objective similar to the Fund’s or that otherwise are permitted investments with the Fund’s investment policies described herein. ADRs are equity securities traded on U.S. securities exchanges, which are generally issued by banks or trust companies to evidence ownership of foreign equity securities. The Fund may invest up to 20% of its net assets in foreign securities, including in emerging markets.
The Fund will invest primarily in securities the Adviser believes have strong business fundamentals and attractive valuations. The Adviser seeks securities with established or improving sustainability characteristics, defined as companies that use internal sustainability strategies to improve their financial position. The Adviser seeks companies with low exposure to sustainability risks, or that have strong risk management practices in place where these risks may by present.
The Adviser pursues strategic engagement with companies and other stakeholders in an effort to enhance due diligence and monitor the investment thesis.
The Adviser considers each proxy voting proposal related to holdings in the Fund on its own merits and an independent determination is made based on the relevant facts and circumstances, in consideration of the Adviser’s current Proxy Voting Policy.
The Adviser may sell a security or reduce its position if it believes:
The security subsequently fails to meet initial Investment Criteria;
A more attractively priced security is found; or
The security becomes overvalued relative to the long-term expectation.
In order to respond to adverse market, economic, political, or other conditions, the Fund may assume a temporary defensive position that is inconsistent with its investment objective and principal investment strategy and invest without limit in cash and prime quality cash equivalents such as prime commercial paper and other money market instruments.A defensive position, taken at the wrong time, may have an adverse impact on the Fund’s performance.The Fund may be unable to achieve its investment objective during the employment of a temporary defensive measure.
Read More

BIAYX - Performance

Return Ranking - Trailing

Period BIAYX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -13.3% 23.1% 72.17%
1 Yr 10.7% -14.6% 44.4% 50.65%
3 Yr N/A* -10.3% 41.5% N/A
5 Yr N/A* -14.1% 32.2% N/A
10 Yr N/A* -3.4% 16.7% N/A

* Annualized

Return Ranking - Calendar

Period BIAYX Return Category Return Low Category Return High Rank in Category (%)
2023 17.4% -19.9% 29.0% 20.48%
2022 -20.2% -59.3% 118.2% 42.88%
2021 N/A -31.6% 39.3% N/A
2020 N/A -51.0% 39.5% N/A
2019 N/A -5.6% 37.8% N/A

Total Return Ranking - Trailing

Period BIAYX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -13.3% 23.1% 72.17%
1 Yr 10.7% -14.6% 44.4% 50.65%
3 Yr N/A* -10.3% 41.5% N/A
5 Yr N/A* -14.1% 32.2% N/A
10 Yr N/A* -3.4% 16.7% N/A

* Annualized

Total Return Ranking - Calendar

Period BIAYX Return Category Return Low Category Return High Rank in Category (%)
2023 17.4% -11.7% 31.8% 35.94%
2022 -20.2% -45.2% 123.7% 79.03%
2021 N/A 0.0% 47.7% N/A
2020 N/A -50.5% 46.9% N/A
2019 N/A 2.1% 43.7% N/A

NAV & Total Return History


BIAYX - Holdings

Concentration Analysis

BIAYX Category Low Category High BIAYX % Rank
Net Assets 65.6 M 529 K 145 B 88.33%
Number of Holdings 67 2 2454 84.07%
Net Assets in Top 10 21.1 M 120 K 10.3 B 77.59%
Weighting of Top 10 28.08% 3.5% 100.1% 16.54%

Top 10 Holdings

  1. First American Government Obligations Fund 4.76%
  2. SPX Technologies Inc 3.48%
  3. Onto Innovation Inc 2.89%
  4. TopBuild Corp 2.67%
  5. Bright Horizons Family Solutions Inc 2.61%
  6. AZEK Co Inc/The 2.49%
  7. MGIC Investment Corp 2.47%
  8. Mueller Water Products Inc 2.32%
  9. Assured Guaranty Ltd 2.20%
  10. Kadant Inc 2.18%

Asset Allocation

Weighting Return Low Return High BIAYX % Rank
Stocks
95.21% 2.52% 108.16% 91.85%
Cash
4.79% 0.00% 42.16% 21.48%
Preferred Stocks
0.00% 0.00% 8.35% 66.11%
Other
0.00% -0.14% 36.28% 75.00%
Convertible Bonds
0.00% 0.00% 3.17% 64.94%
Bonds
0.00% -1.96% 82.35% 66.30%

Stock Sector Breakdown

Weighting Return Low Return High BIAYX % Rank
Technology
21.06% 0.00% 54.70% 7.49%
Industrials
19.89% 2.46% 37.42% 24.72%
Financial Services
18.04% 0.00% 35.52% 22.47%
Healthcare
16.42% 0.00% 26.53% 16.85%
Consumer Cyclical
7.06% 0.99% 47.79% 91.01%
Real Estate
6.45% 0.00% 29.43% 61.05%
Basic Materials
4.17% 0.00% 18.66% 62.17%
Consumer Defense
3.90% 0.00% 18.87% 61.61%
Communication Services
3.02% 0.00% 14.85% 41.20%
Utilities
0.00% 0.00% 18.58% 96.25%
Energy
0.00% 0.00% 37.72% 98.50%

Stock Geographic Breakdown

Weighting Return Low Return High BIAYX % Rank
US
95.21% 2.52% 108.16% 86.67%
Non US
0.00% 0.00% 91.59% 70.93%

BIAYX - Expenses

Operational Fees

BIAYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.32% 0.01% 38.45% 29.05%
Management Fee 0.85% 0.00% 1.50% 75.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

BIAYX 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% 5.00% N/A

Trading Fees

BIAYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 93.62%

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.

BIAYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 1.00% 314.00% N/A

BIAYX - Distributions

Dividend Yield Analysis

BIAYX Category Low Category High BIAYX % Rank
Dividend Yield 0.01% 0.00% 42.47% 78.33%

Dividend Distribution Analysis

BIAYX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual SemiAnnual

Net Income Ratio Analysis

BIAYX Category Low Category High BIAYX % Rank
Net Income Ratio N/A -2.40% 2.49% N/A

Capital Gain Distribution Analysis

BIAYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

BIAYX - Fund Manager Analysis

Managers

Timothy Hathaway


Start Date

Tenure

Tenure Rank

Aug 29, 2021

0.75

0.8%

Timothy Hathaway, CFA, is the director of research and institutional investment management. He was co-portfolio manager of the Small-Cap Growth strategy for nine years until June 2014. Prior to that, he was a research analyst with the Large-Cap Equity team and was responsible for research in the consumer discretionary and energy sectors.

Emily Dwyer


Start Date

Tenure

Tenure Rank

Aug 29, 2021

0.75

0.8%

Emily Dwyer has served as portfolio manager of the Fund since its inception in 2021. Ms. Dwyer also serves as a portfolio manager and senior equity ESG research analyst at Brown Advisory. Prior to joining the firm in 2014, she held research positions at the United Nations Environmental Programme Finance Initiative, Parnassus Investments, and Sustainalytics. Ms. Dwyer earned a dual B.A.in Economics and Environmental Science & Policy from Smith College.

Kenneth Coe


Start Date

Tenure

Tenure Rank

Aug 29, 2021

0.75

0.8%

Kenneth Coe III, CFA, has served as associate portfolio manager of the Fund since its inception in 2021. Mr. Coe also serves as an equity research analyst covering the financial sector. Prior to joining the firm in 2013, he served as an analyst at First Annapolis Consulting and also worked on a financial econometrics research study. Mr. Coe earned a B.A. in Economics from Wake Forest University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 49.61 7.12 2.58