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

Fund Assets	1.70B
Expense Ratio	1.38%
Min. Investment	$100
Turnover	29.00%
Dividend (ttm)	1.57
Dividend Yield	7.52%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	22.35
YTD Return	5.34%
1-Year Return	8.74%
5-Year Return	40.27%
52-Week Low	17.92
52-Week High	22.88
Beta (5Y)	0.89
Holdings	77
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: Above Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: BASAX
• Index: Russell 2000 Growth TR

Performance

BASAX had a total return of 8.74% in the past year. Since the fund's inception, the average annual return has been 8.43%, including dividends.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FOCSX	Fidelity	Fidelity Small Cap Growth K6 Fund	0.60%
FCCGX	Fidelity	Fidelity Advisor Small Cap Growth Fund - Class C	2.08%
FECGX	Fidelity	Fidelity Small Cap Growth Index Fund	0.05%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
BIASX	Investor Shares	1.13%
BAFSX	Institutional Shares	0.98%

Top 10 Holdings

28.29% of assets

Name	Symbol	Weight
First American Government Obligs Z	FGZXX	4.62%
Bright Horizons Family Solutions Inc.	BFAM	3.93%
Prosperity Bancshares, Inc.	PB	2.91%
Waste Connections, Inc.	WCN	2.61%
Valmont Industries, Inc.	VMI	2.60%
ChampionX Corporation	CHX	2.52%
Casey's General Stores, Inc.	CASY	2.43%
HealthEquity, Inc.	HQY	2.26%
H.B. Fuller Company	FUL	2.23%
Encompass Health Corporation	EHC	2.18%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Dec 21, 2018	$0.04436	Dec 21, 2018
Dec 17, 2018	$0.76172	Dec 17, 2018