# Brown Capital Management International Small Company Fund Institutional Shares (BCSFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bcsfx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2015-09-30 The fund invests at least 80% of its net assets in the equity securities of non-U.S. based companies with total operating revenues of $500 million or less at the time of the initial investment. The Advisor constructs the fund's portfolio to generally be no more than 5% in cash. The Advisor believes a diversified portfolio of 40-65 securities and their research efforts may, collective, reduce portfolio risk. ## Key Facts | Metric | Value | |---|---| | Price | $22.62 | | Expense Ratio | 1.06% | | AUM (All Share Classes) | $1.35B | | NAV | $22.62 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 0.85% | | Annual Distribution (TTM) | $0.19 /share | | Distribution Frequency | Irregular | | 52-Week Range | $19.11 – $25.88 | | Beta | 0.90 | ## Latest Distribution - Amount: $0.1934 /share - Ex-date: 2026-03-25 - Pay date: 2026-03-25 ## Frequently Asked Questions ### What does BCSFX invest in? The fund invests at least 80% of its net assets in the equity securities of non-U.S. based companies with total operating revenues of $500 million or less at the time of the initial investment. The Advisor constructs the fund's portfolio to generally be no more than 5% in cash. The Advisor believes a diversified portfolio of 40-65 securities and their research efforts may, collective, reduce portfolio risk. ### What is the expense ratio of BCSFX? Brown Capital Management International Small Company Fund Institutional Shares (BCSFX) charges an expense ratio of 1.06%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BCSFX? Brown Capital Management International Small Company Fund Institutional Shares (BCSFX) is one share class of a fund that manages $1.35B across all of its share classes (BCSVX reports 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 BCSFX actively managed or an index fund? BCSFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BCSFX's is 1.06%) in exchange for the discretion to over- or under-weight positions. ### When was BCSFX launched? Brown Capital Management International Small Company Fund Institutional Shares (BCSFX) launched in September 2015 and is managed by the fund issuer. ### How has BCSFX performed? BCSFX'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 BCSFX pay a dividend? Brown Capital Management International Small Company Fund Institutional Shares (BCSFX) currently distributes little or no income. Trailing-twelve-month yield is 0.85%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BCSFX pay dividends? Brown Capital Management International Small Company Fund Institutional Shares pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BCSFX's dividend yield? BCSFX's trailing-twelve-month yield is 0.85%, calculated from the sum of dividends over the past year divided by the current price. ### When is BCSFX's next ex-dividend date? The most recently announced ex-dividend date for BCSFX was 2026-03-25. 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 BCSFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.06% 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 BCSFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BCSFX'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 BCSFX cost more than a fund like VOO? BCSFX is actively managed (current expense ratio 1.06%). 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 BCSFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BCSFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BCSFX (1.06%) 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/bcsfx - Distribution history: https://www.dividenddata.com/funds/bcsfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bcsfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bcsfx/expenses - Peer comparison: https://www.dividenddata.com/funds/bcsfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.