# Brown Advisory- WMC Strategic European Equity Fund Investor Shares (BIAHX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/biahx 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: 2013-10-23 This fund strives to deliver total return by primarily investing in the shares of companies established or conducting significant operations within Europe. Under normal circumstances, the portfolio will allocate at least 80% of its net assets (along with any borrowed capital for investment) to equity securities of companies that are either domiciled in or derive the majority of their economic activity from Europe, as defined by the countries included in the MSCI Europe Index. ## Key Facts | Metric | Value | |---|---| | Price | $18.46 | | Expense Ratio | 1.20% | | AUM (All Share Classes) | $643.9M | | NAV | $18.46 | | Holdings Count | — | | Distribution Yield (TTM) | 7.35% | | Annual Distribution (TTM) | $1.36 /share | | Distribution Frequency | Irregular | | 52-Week Range | $16.80 – $19.35 | | Beta | 0.70 | ## Latest Distribution - Amount: $0.2414 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does BIAHX invest in? This fund strives to deliver total return by primarily investing in the shares of companies established or conducting significant operations within Europe. Under normal circumstances, the portfolio will allocate at least 80% of its net assets (along with any borrowed capital for investment) to equity securities of companies that are either domiciled in or derive the majority of their economic activity from Europe, as defined by the countries included in the MSCI Europe Index. ### What is the expense ratio of BIAHX? Brown Advisory- WMC Strategic European Equity Fund Investor Shares (BIAHX) charges an expense ratio of 1.20%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BIAHX? Brown Advisory- WMC Strategic European Equity Fund Investor Shares (BIAHX) is one share class of a fund that manages $643.9M across all of its share classes (BAHAX 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 BIAHX actively managed or an index fund? BIAHX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BIAHX's is 1.20%) in exchange for the discretion to over- or under-weight positions. ### When was BIAHX launched? Brown Advisory- WMC Strategic European Equity Fund Investor Shares (BIAHX) launched in October 2013 and is managed by Brown Advisory. ### How has BIAHX performed? BIAHX'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 BIAHX pay a dividend? Brown Advisory- WMC Strategic European Equity Fund Investor Shares (BIAHX) currently distributes little or no income. Trailing-twelve-month yield is 7.35%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BIAHX pay dividends? Brown Advisory- WMC Strategic European Equity Fund Investor 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 BIAHX's dividend yield? BIAHX's trailing-twelve-month yield is 7.35%, calculated from the sum of dividends over the past year divided by the current price. ### When is BIAHX's next ex-dividend date? The most recently announced ex-dividend date for BIAHX 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 BIAHX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.20% 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 BIAHX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BIAHX'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 BIAHX cost more than a fund like VOO? BIAHX is actively managed (current expense ratio 1.20%). 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 BIAHX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BIAHX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BIAHX (1.20%) 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/biahx - Distribution history: https://www.dividenddata.com/funds/biahx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/biahx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/biahx/expenses - Peer comparison: https://www.dividenddata.com/funds/biahx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.