Brown Advisory Small-Cap Growth Fund Advisor Shares (BASAX)

Fund Assets	729.46M
Expense Ratio	1.37%
Min. Investment	$100
Turnover	28.00%
Dividend (ttm)	3.53
Dividend Yield	18.77%
Dividend Growth	190.20%
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	18.82
YTD Return	3.83%
1-Year Return	4.60%
5-Year Return	3.72%
52-Week Low	14.23
52-Week High	18.89
Beta (5Y)	1.11
Holdings	73
Inception Date	Apr 25, 2006

About BASAX

Under normal conditions, 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. The fund invests primarily in companies the Adviser believes have above average growth prospects. Equity securities include domestic common and preferred stock, convertible debt securities, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITs") and exchange traded funds ("ETFs").

• Fund Family: Brown Advisory Funds
• Category: Small Growth
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: BASAX
• Share Class: Advisor Shares
• Index: Russell 2000 Growth TR

Performance

BASAX had a total return of 4.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.19%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FECGX	Fidelity	Fidelity Small Cap Growth Index Fund	0.05%
FCIGX	Fidelity	Fidelity Advisor Small Cap Growth I	1.07%
FCPGX	Fidelity	Fidelity Small Cap Growth Fund	1.05%
FCTGX	Fidelity	Fidelity Advisor Small Cap Growth M	1.58%
FCCGX	Fidelity	Fidelity Small Cap Growth Fund	2.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
BAFSX	Institutional Shares	0.97%
BIASX	Investor Shares	1.12%

Top 10 Holdings

32.76% of assets

Name	Symbol	Weight
Establishment Labs Holdings Inc.	ESTA	4.27%
HealthEquity, Inc.	HQY	3.83%
Oceaneering International, Inc.	OII	3.52%
CCC Intelligent Solutions Holdings Inc.	CCC	3.51%
Waste Connections, Inc.	WCN	3.48%
Prosperity Bancshares, Inc.	PB	3.38%
Dynatrace, Inc.	DT	2.88%
Bruker Corporation	BRKR	2.83%
Bio-Techne Corporation	TECH	2.65%
Encompass Health Corporation	EHC	2.39%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 15, 2025	$3.53324	Dec 15, 2025
Dec 13, 2024	$1.2175	Dec 13, 2024
Dec 13, 2022	$1.56683	Dec 13, 2022
Dec 14, 2021	$3.42284	Dec 14, 2021
Dec 15, 2020	$0.21365	Dec 15, 2020
Dec 16, 2019	$0.42217	Dec 16, 2019