# Brown Advisory Small-Cap Growth Fd Investor Shs (BIASX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/biasx 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: 1999-06-28 The Brown Advisory Small-Cap Growth Fund Investor Shares primarily aims to achieve its investment goal by dedicating a minimum of 80% of its total net assets (including any funds borrowed for investment purposes) to the equity holdings of smaller, domestically based companies, under typical market conditions. The fund's strategy involves concentrating its investments in businesses that the Adviser believes demonstrate promising prospects for above-average growth. The range of permissible equity securities is comprehensive, including but not limited to common and preferred stocks from U.S. c... ## Key Facts | Metric | Value | |---|---| | Price | $22.46 | | Expense Ratio | 1.11% | | AUM (All Share Classes) | $524.0M | | NAV | $22.46 | | Holdings Count | — | | Distribution Yield (TTM) | 16.73% | | Annual Distribution (TTM) | $3.76 /share | | Distribution Frequency | Annual | | 52-Week Range | $18.26 – $23.29 | | Beta | 0.96 | ## Latest Distribution - Amount: $3.7572 /share - Ex-date: 2025-12-15 - Pay date: 2025-12-15 ## Frequently Asked Questions ### What does BIASX invest in? The Brown Advisory Small-Cap Growth Fund Investor Shares primarily aims to achieve its investment goal by dedicating a minimum of 80% of its total net assets (including any funds borrowed for investment purposes) to the equity holdings of smaller, domestically based companies, under typical market conditions. The fund's strategy involves concentrating its investments in businesses that the Adviser believes demonstrate promising prospects for above-average growth. The range of permissible equity securities is comprehensive, including but not limited to common and preferred stocks from U.S. companies, debt instruments convertible into equity, American Depositary Receipts (ADRs), Real Estate Investment Trusts (REITs), and Exchange Traded Funds (ETFs). ### What is the expense ratio of BIASX? Brown Advisory Small-Cap Growth Fd Investor Shs (BIASX) charges an expense ratio of 1.11%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BIASX? Brown Advisory Small-Cap Growth Fd Investor Shs (BIASX) is one share class of a fund that manages $524.0M across all of its share classes (BASAX 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 BIASX actively managed or an index fund? BIASX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BIASX's is 1.11%) in exchange for the discretion to over- or under-weight positions. ### When was BIASX launched? Brown Advisory Small-Cap Growth Fd Investor Shs (BIASX) launched in June 1999 and is managed by Brown Advisory. ### How has BIASX performed? BIASX'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 BIASX pay a dividend? Brown Advisory Small-Cap Growth Fd Investor Shs (BIASX) currently distributes little or no income. Trailing-twelve-month yield is 16.73%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BIASX pay dividends? Brown Advisory Small-Cap Growth Fd Investor 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 BIASX's dividend yield? BIASX's trailing-twelve-month yield is 16.73%, calculated from the sum of dividends over the past year divided by the current price. ### When is BIASX's next ex-dividend date? The most recently announced ex-dividend date for BIASX 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 BIASX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.11% 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 BIASX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BIASX'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 BIASX cost more than a fund like VOO? BIASX is actively managed (current expense ratio 1.11%). 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 BIASX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BIASX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BIASX (1.11%) 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/biasx - Distribution history: https://www.dividenddata.com/funds/biasx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/biasx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/biasx/expenses - Peer comparison: https://www.dividenddata.com/funds/biasx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.