# Brown Advisory Small-Cap Growth Adv (BASAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/basax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Brown Advisory · Asset class: Bond - Strategy: Actively Managed · Inception: 2006-04-25 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"). ## Key Facts | Metric | Value | |---|---| | Price | $21.32 | | Expense Ratio | 1.36% | | AUM (All Share Classes) | $528.3M | | NAV | $21.32 | | Holdings Count | — | | Distribution Yield (TTM) | 16.57% | | Annual Distribution (TTM) | $3.53 /share | | Distribution Frequency | Annual | | 52-Week Range | $17.16 – $21.90 | | Beta | 0.96 | ## Latest Distribution - Amount: $3.5332 /share - Ex-date: 2025-12-15 - Pay date: 2025-12-15 ## Frequently Asked Questions ### What does BASAX invest in? 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"). ### What is the expense ratio of BASAX? Brown Advisory Small-Cap Growth Adv (BASAX) charges an expense ratio of 1.36%. This is the annual fee deducted from fund assets to cover management and operations. ### What is BASAX's dividend yield? BASAX's trailing-twelve-month yield is 16.57%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BASAX? Effective duration measures BASAX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BASAX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BASAX? BASAX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of BASAX? Yield to maturity (YTM) is the total return you'd earn from BASAX if every bond in the portfolio is held to maturity at the current price. BASAX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does BASAX pay a dividend? Yes, Brown Advisory Small-Cap Growth Adv (BASAX) distributes dividends to shareholders. The trailing-twelve-month yield is 16.57%. Full dividend history is on this page. ### How often does BASAX pay dividends? Brown Advisory Small-Cap Growth Adv pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is BASAX's next ex-dividend date? The most recently announced ex-dividend date for BASAX was 2025-12-15. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BASAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.36% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BASAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BASAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BASAX cost more than a fund like VOO? BASAX is actively managed (current expense ratio 1.36%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether BASAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BASAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BASAX (1.36%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/basax - Distribution history: https://www.dividenddata.com/funds/basax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/basax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/basax/expenses - Peer comparison: https://www.dividenddata.com/funds/basax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.