Brown Advisory Mutual Funds We believe that a disciplined, bottom-up research process is the foundation of superior investment performance. Our deep in-house research team combines industry-specific knowledge with in-depth fundamental analysis. Central to our investment process is close collaboration among team members. Our portfolio managers leverage this free exchange of ideas and our extensive network of venture capital and private equity relationships, clients, directors and outside shareholders to uncover investment opportunities. Brown Advisory is an independent firm where all employees own equity – ensuring that our interests are aligned with those of our mutual fund shareholders. Our independence from investment banking or principal trading interests allows us to challenge conventional wisdom without concern over conflict of interest. Title 2022 North American fixed income fund of the year Component Text The Brown Advisory Tax-Exempt Sustainable Bond Fund has been recognized as the ESG fixed income fund of the year in North America by Environmental Finance, via its 2022 Sustainable Investment Awards. Block We invite you to learn more about our family of mutual funds. Fund Table Share Class AllInstitutionalAdvisorInvestor Submit Fund Name Fact Sheet Ticker Share Class NAV YTD 1 YR 3 YR 5 YR 10 YR Since Inception AllEquity FundsFixed Income FundsSustainable Investing Funds Equity Funds As of 03/23/2023 Displaying 34 Funds Fixed Income Funds As of 03/23/2023 Displaying 12 Funds Beutel Goodman Large-Cap Value Fund Download Fact Sheet Download BVALX Institutional $12.66 -0.02 2.05% 2.05% 9.30% 9.60%2018-02-13 Emerging Markets Select Fund Download Fact Sheet Download BAFQX Institutional $12.55 +0.22 -15.08% -15.08% 0.78% -0.95% 1.14% 1.30%2012-12-12 BAQAX Advisor $10.26 +0.15 -15.41% -15.41% 0.37% -1.35% 0.72% 0.88%2012-12-12 BIAQX Investor $10.23 +0.15 -15.21% -15.21% 0.63% -1.11% 0.98% 1.14%2012-12-12 Equity Income Fund Download Fact Sheet Download BAFDX Institutional $12.81 +0.00 -11.69% -11.69% 6.10% 7.97% 10.01% 9.68%2012-10-19 BADAX Advisor $12.78 +0.00 -12.00% -12.00% 5.68% 7.55% 9.58% 9.70%2011-12-29 BIADX Investor $12.80 +0.00 -11.83% -11.83% 5.94% 7.83% 9.85% 9.97%2011-12-29 Flexible Equity Fund Download Fact Sheet Download BAFFX Institutional $27.92 +0.11 -20.97% -20.97% 5.89% 9.27% 12.19% 12.07%2012-10-19 BAFAX Advisor $27.76 +0.11 -21.28% -21.28% 5.47% 8.83% 11.75% 7.39%2007-01-24 BIAFX Investor $27.85 +0.11 -21.09% -21.09% 5.73% 9.10% 12.02% 7.87%2006-11-30 Global Leaders Fund Download Fact Sheet Download BAFLX Institutional $19.76 +0.09 -19.51% -19.51% 4.25% 9.70%2018-10-31 BIALX Investor $19.69 +0.09 -19.66% -19.66% 4.07% 8.02% 9.11%2015-07-01 Growth Equity Fund Download Fact Sheet Download BAFGX Institutional $23.12 +0.16 -33.58% -33.58% 1.59% 9.17% 11.17% 11.04%2012-10-19 BAGAX Advisor $20.62 +0.14 -33.84% -33.84% 1.18% 8.74% 10.74% 9.41%2006-05-18 BIAGX Investor $22.60 +0.16 -33.68% -33.68% 1.43% 9.01% 11.01% 6.37%1999-06-28 Intermediate Income Fund Download Fact Sheet Download BAIAX Advisor $9.62 +0.04 -9.66% -2.17% -0.02% 0.49% 3.97%1991-05-13 BIAIX Investor $9.85 +0.04 -9.39% -1.92% 0.25% 0.74% 3.66%1995-11-02 Maryland Bond Fund Download Fact Sheet Download BIAMX Investor $9.82 +0.01 -7.58% -1.32% 0.79% 1.18% 2.65%2000-12-21 Mid-Cap Growth Fund Download Fact Sheet Download BAFMX Institutional $12.17 +0.03 -28.19% -28.19% 0.45% 4.92%2018-07-02 BMIDX Investor $12.07 +0.04 -28.25% -28.25% 0.31% 6.49% 6.74%2017-10-02 Mortgage Securities Fund Download Fact Sheet Download BAFZX Institutional $9.36 +0.03 -10.52% -2.00% 0.29% 1.08%2014-05-13 BIAZX Investor $9.38 +0.03 -10.64% -2.05% 0.24% 1.22%2013-12-26 Small-Cap Fundamental Value Fund Download Fact Sheet Download BAUUX Institutional $25.45 -0.24 -8.66% -8.66% 4.25% 4.09% 8.97% 9.31%2012-10-19 BAUAX Advisor $25.24 -0.24 -9.02% -9.02% 3.82% 3.67% 8.53% 8.61%2011-07-28 BIAUX Investor $25.41 -0.24 -8.77% -8.77% 4.09% 3.93% 8.81% 11.56%2008-12-31 Small-Cap Growth Fund Download Fact Sheet Download BAFSX Institutional $40.84 -0.01 -20.22% -20.22% 4.25% 7.72% 11.01% 10.99%2002-09-20 BASAX Advisor $19.24 +0.00 -20.50% -20.50% 3.85% 7.30% 10.58% 8.42%2006-04-25 BIASX Investor $20.32 +0.00 -20.34% -20.34% 4.09% 7.56% 10.85% 7.21%1999-06-28 Sustainable Bond Fund Download Fact Sheet Download BAISX Institutional $8.91 +0.03 -13.41% -2.04% 0.75%2018-07-02 BASBX Investor $8.91 +0.02 -13.45% -2.09% 0.32% 0.34%2017-08-08 Sustainable Growth Fund Download Fact Sheet Download BAFWX Institutional $38.28 +0.32 -30.90% -30.90% 7.72% 12.05% 14.40% 14.31%2012-06-29 BAWAX Advisor $36.54 +0.31 -31.17% -31.17% 7.29% 11.60% 13.95% 13.86%2012-06-29 BIAWX Investor $37.60 +0.32 -31.02% -31.02% 7.56% 11.88% 14.23% 14.13%2012-06-29 Sustainable International Leaders Fund Download Fact Sheet Download BAILX Institutional $9.67 +0.00 -8.98%2022-02-28 BISLX Investor $9.65 +0.00 -9.18%2022-02-28 Sustainable Small-Cap Core Fund Download Fact Sheet Download BAFYX Institutional $8.00 -0.03 -20.02% -20.02% -14.74%2021-09-30 Sustainable Value Fund BASVX Institutional $9.32 -0.06 BISVX Investor $9.32 -0.06 Tax-Exempt Bond Fund Download Fact Sheet Download BTEIX Institutional $9.29 +0.01 -8.82% -1.00% 1.27%2018-07-02 BIAEX Investor $9.29 +0.01 -8.87% -1.05% 1.24% 1.66% 1.76%2012-06-29 Tax-Exempt Sustainable Bond Fund Download Fact Sheet Download BITEX Investor $9.09 +0.01 -8.81% -1.54% -1.44%2019-12-02 Total Return Fund Download Fact Sheet Download BAFTX Institutional $8.95 +0.03 -13.36% -1.96% 0.62% 1.40%2014-10-30 BIATX Investor $8.94 +0.03 -13.41% -2.01% 0.57% 1.35%2014-10-30 WMC Strategic European Equity Fund Download Fact Sheet Download BAFHX Institutional $11.39 -0.02 -11.80% -11.80% 4.06% 3.13% 4.95%2013-10-21 BAHAX Advisor $11.19 -0.02 -12.16% -12.16% 3.64% 2.71% 4.53%2013-10-21 BIAHX Investor $11.35 -0.02 -11.96% -11.96% 3.94% 2.98% 4.79%2013-10-21 Block Mutual Fund investing involves risk. Principal loss is possible. The Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. For monthly and quarterly performance information, please call 1-800-540-6807. Performance data does not reflect the 1.00% fee on shares redeemed or exchanged within 14 days of purchase, and if it had, returns would be lower. The Brown Advisory funds are distributed by ALPS Distributors, Inc. 1290 Broadway, Suite 1100, Denver, CO 80203. Brown Advisory Funds and ALPS are not affiliated. NAV column shows daily price and daily price change. Returns greater than one year are annualized. YTD values are cumulative. Click here to access the current Statement of Additional Information (SAI) for the Brown Advisory Funds. Click here for a current prospectus. Please read and consider it carefully before investing. You may obtain a hardcopy of the prospectus by calling 1-800-540-6807. Header Text Need Help? Featured Text For help with mutual funds or for more information on our investment services, use the link below. CTA Link Get In Touch Body Background Image Component Text We invite you to learn more about our investment strategies. CTA Link Learn More