# Brown Advisory Sustainable Growth Fd Adv Shs (BAWAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bawax 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: 2012-06-29 This fund commits a minimum of 80% of its net assets (inclusive of any borrowed funds for investment purposes) to the equity securities of sustainable U.S. companies. Its investments primarily target mid-cap and large-cap enterprises. Brown Advisory LLC, the advisor, identifies these companies based on three core tenets: they must possess strong financial standing and resilient business models, indicating potential for peer outperformance and above-average earnings growth over a market cycle; they must adeptly implement Sustainable Business Advantages; and their shares must be valued attrac... ## Key Facts | Metric | Value | |---|---| | Price | $46.80 | | Expense Ratio | 1.00% | | AUM (All Share Classes) | $6.37B | | NAV | $46.80 (2026-10-29 close) | | Holdings Count | — | | Distribution Yield (TTM) | 23.44% | | Annual Distribution (TTM) | $10.97 /share | | Distribution Frequency | Annual | | 52-Week Range | $36.13 – $56.11 | | Beta | 1.21 | ## Latest Distribution - Amount: $10.9719 /share - Ex-date: 2025-12-15 - Pay date: 2025-12-15 ## Frequently Asked Questions ### What does BAWAX invest in? This fund commits a minimum of 80% of its net assets (inclusive of any borrowed funds for investment purposes) to the equity securities of sustainable U.S. companies. Its investments primarily target mid-cap and large-cap enterprises. Brown Advisory LLC, the advisor, identifies these companies based on three core tenets: they must possess strong financial standing and resilient business models, indicating potential for peer outperformance and above-average earnings growth over a market cycle; they must adeptly implement Sustainable Business Advantages; and their shares must be valued attractively. ### What is the expense ratio of BAWAX? Brown Advisory Sustainable Growth Fd Adv Shs (BAWAX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BAWAX? Brown Advisory Sustainable Growth Fd Adv Shs (BAWAX) is one share class of a fund that manages $6.37B across all of its share classes (BAFWX, BIAWX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is BAWAX actively managed or an index fund? BAWAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BAWAX's is 1.00%) in exchange for the discretion to over- or under-weight positions. ### When was BAWAX launched? Brown Advisory Sustainable Growth Fd Adv Shs (BAWAX) launched in June 2012 and is managed by Brown Advisory. ### How has BAWAX performed? BAWAX'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 BAWAX pay a dividend? Brown Advisory Sustainable Growth Fd Adv Shs (BAWAX) currently distributes little or no income. Trailing-twelve-month yield is 23.44%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BAWAX pay dividends? Brown Advisory Sustainable Growth Fd Adv Shs pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BAWAX's dividend yield? BAWAX's trailing-twelve-month yield is 23.44%, calculated from the sum of dividends over the past year divided by the current price. ### When is BAWAX's next ex-dividend date? The most recently announced ex-dividend date for BAWAX 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 BAWAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.00% 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 BAWAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BAWAX'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 BAWAX cost more than a fund like VOO? BAWAX is actively managed (current expense ratio 1.00%). 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 BAWAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BAWAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BAWAX (1.00%) 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/bawax - Distribution history: https://www.dividenddata.com/funds/bawax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bawax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bawax/expenses - Peer comparison: https://www.dividenddata.com/funds/bawax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.