Brown Advisory Tax-Exempt Bond Fund Inv (BIAEX)
9.53
0.00 (0.00%)
USD |
Feb 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.46% | 1.208B | -- | 40.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 126.00M | 6.00% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income exempt from federal income tax. The Fund will invest at least 80% of its net assets in securities the interest of which is exempt from federal income taxes and that do not subject shareholders to the federal alternative minimum tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Intermediate Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Intermediate Municipal Debt Funds |
| Fund Owner Firm Name | Brown Advisory |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
22
-204.49M
Peer Group Low
1.040B
Peer Group High
1 Year
% Rank:
30
126.00M
-526.43M
Peer Group Low
5.117B
Peer Group High
3 Months
% Rank:
25
-114.20M
Peer Group Low
2.445B
Peer Group High
3 Years
% Rank:
20
-1.509B
Peer Group Low
11.24B
Peer Group High
6 Months
% Rank:
25
-176.80M
Peer Group Low
4.315B
Peer Group High
5 Years
% Rank:
44
-2.272B
Peer Group Low
4.544B
Peer Group High
YTD
% Rank:
21
-204.49M
Peer Group Low
1.040B
Peer Group High
10 Years
% Rank:
23
-2.734B
Peer Group Low
29.07B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 10, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.57% |
| Stock | 0.00% |
| Bond | 98.02% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.42% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 4.146 12/01/2053 | 2.57% | 102.34 | 0.00% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 2.520 10/01/2052 | 2.53% | 99.94 | 0.06% |
| First American Government Obligations Fd Z | 2.52% | 1.00 | 0.00% |
| TOBACCO SETTLEMENT FING CORP RHODE IS RI 5.000 06/01/2035 | 2.04% | 100.21 | 0.00% |
| PUBLIC FIN AUTH WIS TAX-EXEMPT POOLED SECS SER 2024-2 WI 4.000 08/01/2059 | 1.92% | 100.27 | 0.00% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.000 05/01/2055 | 1.84% | 106.81 | 0.06% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV CA 5.500 05/01/2055 | 1.66% | -- | -- |
| MIAMI-DADE CNTY FLA EXPWY AUTH TOLL SYS REV FL 07/01/2029 | 1.60% | -- | -- |
| LOVE FIELD ARPT MODERNIZATION CORP TEX GEN ARPT REV TX 4.000 11/01/2036 | 1.57% | -- | -- |
| SUFFOLK CNTY N Y WTR AUTH WTRWKS REV NY 3.250 06/01/2042 | 1.50% | 89.48 | 0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.30% |
| Administration Fee | 7.97K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 100.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income exempt from federal income tax. The Fund will invest at least 80% of its net assets in securities the interest of which is exempt from federal income taxes and that do not subject shareholders to the federal alternative minimum tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Intermediate Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Intermediate Municipal Debt Funds |
| Fund Owner Firm Name | Brown Advisory |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-6-26) | 3.73% |
| 30-Day SEC Yield (12-31-25) | 3.30% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 183 |
| Bond | |
| Yield to Maturity (12-31-25) | 3.37% |
| Effective Duration | -- |
| Average Coupon | 4.84% |
| Calculated Average Quality | 2.510 |
| Effective Maturity | 14.51 |
| Nominal Maturity | 16.55 |
| Number of Bond Holdings | 179 |
As of December 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 6/29/2012 |
| Share Classes | |
| BTEIX | Inst |
| Attributes | |
| Inverse Fund | -- |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:BIAEX", "name") |
| Broad Asset Class: =YCI("M:BIAEX", "broad_asset_class") |
| Broad Category: =YCI("M:BIAEX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BIAEX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |