Brown Advisory Tactical Bond Adv
BrownAdvisory FundsP.O. Box 701Milwaukee, WI 53201
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Phone: 800-540-6807
| Category: | Long-Term Bond | | Fund Family: | Brown Advisory Funds | | Net Assets: | 21.95M | | Year-to-Date Return: | 0.71% | | Yield: | 2.07% | | Morningstar Rating: | N/A | | Fund Inception Date: | Sep 29, 2011 |
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Thomas D.D. Graff
Lead Manager since Sep 29, 2011 | | | Tom Graff, CFA is a member of the Fixed Income team at Brown Advisory. He primarily concentrates on the management, trading and analysis of taxable bonds. Prior to joining Brown Advisory in 2010, Mr. Graff was a Managing Director at Cavanaugh Capital Management where he worked since 1999. In that role, he served as an assistant Portfolio Manager and was responsible for research, trading of taxable securities, and portfolio analytics. Mr. Graff obtained the Chartered Financial Analyst designation in 2002. Mr. Graff is also a freelance writer for TheStreet.com, offering daily insight into Fixed Income markets. |
| Min Initial Investment: | 2,000 | | Min Initial Investment, IRA: | 1,000 | | Min Initial Investment, AIP: | 250 | | Min Subsequent Investment: | 100 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | 100 |
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| The investment seeks to achieve capital appreciation.
The fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in fixed income securities. Brown Advisory, LLC (the "Adviser") seeks to achieve the fund's investment objective by investing in tax-exempt municipal bonds, corporate bonds (including junk bonds), U.S. Treasury bonds, Treasury Inflation Protected Securities (TIPS), derivatives and cash equivalents. It will generally invest up to 30-40% of its net assets in tax-exempt municipal bonds. The fund is non-diversified. |
| Last Dividend
(Dec 30, 2012)
:
| 0.20 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| N/A | | Average for Category: | 89.52% |
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| Expense | BATBX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 1.40% | 1.00% | | Prospectus Net Expense Ratio: | 1.43% | N/A | | Prospectus Gross Expense Ratio: | 1.43% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | N/A | 4.32% | | Max Deferred Sales Load:
| N/A | 1.50% | | 3 Yr Expense Projection*: | 452 | 422 | | 5 Yr Expense Projection*: | 782 | 674 | | 10 Yr Expense Projection*: | 1,713 | 1,369 |
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0.34%