# Brown Advisory Small-Cap Fundamental Value Fund Advisor Shs (BAUAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bauax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Brown Advisory · Asset class: Equity - Strategy: Actively Managed · Inception: 2011-07-28 The fund normally invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities of small capitalization companies. Equity securities include common stock, preferred stock, equity-equivalent securities such as convertible securities, stock futures contracts, equity options, other investment companies, ADRs, REITs and ETFs, and the Adviser may also invest in private placements in these types of securities. Small companies are companies whose market capitalizations are generally less than $6 billion at the time of purchase. ## Key Facts | Metric | Value | |---|---| | Price | $30.65 | | Expense Ratio | 1.41% | | Assets Under Management | $1.12B | | NAV | $30.65 | | Holdings Count | — | | Distribution Yield (TTM) | 11.56% | | Annual Distribution (TTM) | $3.54 /share | | Distribution Frequency | Irregular | | 52-Week Range | $26.24 – $32.92 | | Beta | 0.86 | ## Latest Distribution - Amount: $0.1413 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does BAUAX invest in? The fund normally invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities of small capitalization companies. Equity securities include common stock, preferred stock, equity-equivalent securities such as convertible securities, stock futures contracts, equity options, other investment companies, ADRs, REITs and ETFs, and the Adviser may also invest in private placements in these types of securities. Small companies are companies whose market capitalizations are generally less than $6 billion at the time of purchase. ### What is the expense ratio of BAUAX? Brown Advisory Small-Cap Fundamental Value Fund Advisor Shs (BAUAX) charges an expense ratio of 1.41%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BAUAX? Brown Advisory Small-Cap Fundamental Value Fund Advisor Shs (BAUAX) manages $1.12B 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 BAUAX actively managed or an index fund? BAUAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BAUAX's is 1.41%) in exchange for the discretion to over- or under-weight positions. ### When was BAUAX launched? Brown Advisory Small-Cap Fundamental Value Fund Advisor Shs (BAUAX) launched in July 2011 and is managed by Brown Advisory. ### How has BAUAX performed? BAUAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does BAUAX pay a dividend? Brown Advisory Small-Cap Fundamental Value Fund Advisor Shs (BAUAX) currently distributes little or no income. Trailing-twelve-month yield is 11.56%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BAUAX pay dividends? Brown Advisory Small-Cap Fundamental Value Fund Advisor Shs pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BAUAX's dividend yield? BAUAX's trailing-twelve-month yield is 11.56%, calculated from the sum of dividends over the past year divided by the current price. ### When is BAUAX's next ex-dividend date? The most recently announced ex-dividend date for BAUAX was 2025-12-29. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will BAUAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.41% 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 BAUAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BAUAX'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 BAUAX cost more than a fund like VOO? BAUAX is actively managed (current expense ratio 1.41%). 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 BAUAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BAUAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BAUAX (1.41%) 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/bauax - Distribution history: https://www.dividenddata.com/funds/bauax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bauax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bauax/expenses - Peer comparison: https://www.dividenddata.com/funds/bauax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.