Brown Advisory Flexible Equity Fund (BIAFX)
The fund normally invests at least 80% of the value of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of equity securities. It invests primarily in securities of medium and large market capitalization companies that the Adviser believes have strong, or improving, long-term business characteristics and share prices that do not reflect these favorable fundamental attributes. The fund may invest up to 15% of its net assets in foreign securities, including emerging markets.
Fund Info
US1152338687
115233868
Nov 30, 2006
$100
Large-Cap
Growth
Expense Ratio
BIAFX features an expense ratio of 0.68%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Brown Advisory Flexible Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Brown Advisory Flexible Equity Fund had a return of 19.41% year-to-date (YTD) and 19.92% in the last 12 months. Over the past 10 years, Brown Advisory Flexible Equity Fund had an annualized return of 10.25%, while the S&P 500 had an annualized return of 11.06%, indicating that Brown Advisory Flexible Equity Fund did not perform as well as the benchmark.
BIAFX
19.41%
-4.27%
5.04%
19.92%
10.92%
10.25%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of BIAFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.22% | 5.95% | 2.98% | -4.08% | 3.50% | 2.78% | 2.02% | 2.43% | 1.43% | -0.48% | 6.67% | 19.41% | |
| 2023 | 8.33% | -1.81% | 2.66% | 1.73% | 0.88% | 7.13% | 3.83% | -0.39% | -4.31% | -2.54% | 10.81% | 2.25% | 31.21% |
| 2022 | -4.05% | -4.67% | 1.76% | -8.92% | 1.05% | -8.79% | 8.79% | -4.43% | -9.41% | 7.38% | 5.82% | -8.69% | -23.64% |
| 2021 | -1.52% | 4.49% | 5.07% | 6.33% | -0.06% | 2.80% | 1.61% | 2.25% | -4.56% | 6.17% | -3.70% | 0.61% | 20.48% |
| 2020 | -0.84% | -8.06% | -13.65% | 13.21% | 7.79% | 1.59% | 6.42% | 8.43% | -4.56% | -3.06% | 10.94% | 0.70% | 16.39% |
| 2019 | 8.37% | 2.75% | 2.68% | 5.81% | -6.92% | 6.32% | 2.75% | -1.66% | 0.86% | 3.35% | 5.19% | -1.29% | 30.94% |
| 2018 | 7.04% | -3.24% | -3.21% | 0.72% | 4.06% | 0.50% | 3.01% | 3.41% | 0.30% | -7.39% | 1.29% | -12.70% | -7.61% |
| 2017 | 2.50% | 3.43% | 0.11% | 1.24% | 0.94% | 1.65% | 2.32% | 0.11% | 2.43% | 2.47% | 2.87% | 1.80% | 24.12% |
| 2016 | -7.20% | 0.56% | 5.70% | 1.51% | 0.97% | -2.95% | 6.02% | 2.00% | -0.55% | -2.46% | 5.13% | 1.08% | 9.37% |
| 2015 | -4.51% | 6.36% | -0.93% | 0.50% | 0.12% | -1.73% | 2.39% | -5.59% | -3.32% | 7.88% | -0.56% | -2.70% | -2.95% |
| 2014 | -4.78% | 4.35% | 0.85% | -1.47% | 2.78% | 2.42% | -0.81% | 4.16% | -1.18% | 2.98% | 2.57% | 0.58% | 12.73% |
| 2013 | 5.13% | 0.27% | 4.23% | 3.20% | 3.60% | -0.73% | 3.58% | -1.89% | 2.97% | 4.36% | 3.65% | 2.66% | 35.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 84, BIAFX is among the top 16% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Brown Advisory Flexible Equity Fund (BIAFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Brown Advisory Flexible Equity Fund provided a 0.18% dividend yield over the last twelve months, with an annual payout of $0.08 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.08 | $0.08 | $0.06 | $0.03 | $0.07 | $0.11 | $0.05 | $0.09 | $0.07 | $0.09 | $0.07 | $0.04 |
Dividend yield | 0.18% | 0.22% | 0.22% | 0.09% | 0.25% | 0.45% | 0.27% | 0.42% | 0.44% | 0.58% | 0.45% | 0.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Brown Advisory Flexible Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.07 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2013 | $0.04 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Brown Advisory Flexible Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Brown Advisory Flexible Equity Fund was 59.99%, occurring on Mar 9, 2009. Recovery took 967 trading sessions.
The current Brown Advisory Flexible Equity Fund drawdown is 7.39%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.99% | Jun 4, 2007 | 443 | Mar 9, 2009 | 967 | Jan 10, 2013 | 1410 |
| -35.49% | Feb 20, 2020 | 23 | Mar 23, 2020 | 94 | Aug 5, 2020 | 117 |
| -30.04% | Nov 9, 2021 | 233 | Oct 12, 2022 | 328 | Feb 2, 2024 | 561 |
| -23.98% | Sep 21, 2018 | 65 | Dec 24, 2018 | 137 | Jul 12, 2019 | 202 |
| -18.56% | Jul 21, 2015 | 143 | Feb 11, 2016 | 128 | Aug 15, 2016 | 271 |
Volatility
Volatility Chart
The current Brown Advisory Flexible Equity Fund volatility is 6.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.