Brown Advisory Small-Cap Growth Fund Investor Shares (BIASX)

Fund Assets	1.62B
Expense Ratio	1.13%
Min. Investment	$100
Turnover	29.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	23.67
YTD Return	3.94%
1-Year Return	4.26%
5-Year Return	34.36%
52-Week Low	18.96
52-Week High	24.24
Beta (5Y)	0.89
Holdings	81
Inception Date	Jun 28, 1999

About BIASX

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: BIASX
• Index: Russell 2000 Growth TR

Performance

BIASX had a total return of 4.26% in the past year. Since the fund's inception, the average annual return has been 3.47%, including dividends.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FCTGX	Fidelity	Fidelity Advisor Small Cap Growth Fund - Class M	1.58%
FCPGX	Fidelity	Fidelity Small Cap Growth Fund	1.05%
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
BAFSX	Institutional Shares	0.98%
BASAX	Advisor Shares	1.38%

Top 10 Holdings

26.69% of assets

Name	Symbol	Weight
Bright Horizons Family Solutions Inc.	BFAM	3.82%
First American Government Obligs Z	FGZXX	2.97%
Waste Connections, Inc.	WCN	2.70%
HealthEquity, Inc.	HQY	2.60%
Prosperity Bancshares, Inc.	PB	2.57%
ChampionX Corporation	CHX	2.56%
Casey's General Stores, Inc.	CASY	2.51%
Valmont Industries, Inc.	VMI	2.51%
Neurocrine Biosciences, Inc.	NBIX	2.25%
Dynatrace, Inc.	DT	2.19%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 13, 2022	$1.65369	Dec 13, 2022
Dec 14, 2021	$3.60372	Dec 14, 2021
Dec 15, 2020	$0.22438	Dec 15, 2020
Dec 16, 2019	$0.44226	Dec 16, 2019
Dec 21, 2018	$0.07534	Dec 21, 2018
Dec 17, 2018	$0.7974	Dec 17, 2018