Brown Advisory Flexible Equity Fund Institutional Shares (BAFFX)
| Fund Assets | 990.23M |
| Expense Ratio | 0.53% |
| Min. Investment | $1,000,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 2.03 |
| Dividend Yield | 4.62% |
| Dividend Growth | 109.13% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 43.67 |
| YTD Return | 7.07% |
| 1-Year Return | 15.65% |
| 5-Year Return | 115.05% |
| 52-Week Low | 35.77 |
| 52-Week High | 44.95 |
| Beta (5Y) | 1.05 |
| Holdings | 47 |
| Inception Date | Oct 19, 2012 |
About BAFFX
Brown Advisory Flexible Equity Fund Institutional Shares is a diversified mutual fund focused on achieving long-term capital growth through flexible equity selection. The fund primarily invests in a moderately concentrated portfolio of mid- and large-cap U.S. companies, with the flexibility to allocate up to 15% of its assets to non-U.S. securities, typically via American Depository Receipts. Its investment approach emphasizes identifying businesses with strong or improving fundamentals—regardless of whether they are classified as value or growth stocks—paying particular attention to firms with sustainable competitive advantages, robust management teams, and favorable industry dynamics. By scouring a broad investment universe, the fund seeks to exploit market inefficiencies and purchase undervalued shares. The strategy is supported by a disciplined, long-term perspective on quality and capital allocation. Since its inception, the fund has positioned itself as a versatile option within the large blend and large growth categories, serving institutional investors looking for a flexible, actively managed equity solution that adapts to changing market conditions.
Performance
BAFFX had a total return of 15.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.99%.
Top 10 Holdings
44.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.05% |
| Meta Platforms, Inc. | META | 5.62% |
| Visa Inc. | V | 5.03% |
| Mastercard Incorporated | MA | 4.85% |
| Amazon.com, Inc. | AMZN | 4.19% |
| KKR & Co. Inc. | KKR | 4.04% |
| Berkshire Hathaway Inc. | BRK.B | 3.92% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.87% |
| Intuit Inc. | INTU | 2.95% |
| UnitedHealth Group Incorporated | UNH | 2.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.16402 | Dec 27, 2024 |
| Dec 13, 2024 | $1.8701 | Dec 13, 2024 |
| Dec 26, 2023 | $0.12168 | Dec 26, 2023 |
| Dec 13, 2023 | $0.85096 | Dec 13, 2023 |
| Dec 27, 2022 | $0.12935 | Dec 27, 2022 |
| Dec 13, 2022 | $0.92396 | Dec 13, 2022 |