Brown Advisory Intermediate Income Fund

Frequently Asked Questions About BAIAX

What does BAIAX invest in?

The Brown Advisory Intermediate Income Fund typically allocates a substantial portion of its capital, committing a minimum of 80% of its net assets (including any funds acquired through borrowing), to a diverse array of debt instruments. This primarily encompasses U.S. government bonds, corporate fixed-income securities, and structured products like mortgage-backed and asset-backed securities. Furthermore, the fund retains the flexibility to invest in other collective investment vehicles that pursue comparable fixed-income strategies, with such holdings contributing directly toward its mandatory 80% allocation policy. The fund also has the discretion to employ derivative instruments as part of its investment approach.

What is the expense ratio of BAIAX?

Brown Advisory Intermediate Income Fund (BAIAX) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

What is BAIAX's dividend yield?

BAIAX's trailing-twelve-month yield is 3.70%, calculated from the sum of dividends over the past year divided by the current price.

How big is BAIAX?

Brown Advisory Intermediate Income Fund (BAIAX) manages $142.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BAIAX actively managed or an index fund?

BAIAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BAIAX launched?

Brown Advisory Intermediate Income Fund (BAIAX) launched in June 1991 and is managed by Brown Advisory.