Morningstar

Brown Advisory Tax Exempt Bond Investor BIAEX

Morningstar Medalist Rating
Medalist Rating as of | See Brown Advisory Investment Hub
  • NAV / 1-Day Return 9.49  /  +0.01 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 100
  • Status Open
  • TTM Yield 3.96%
  • Effective Duration 4.36 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:16 PM GMT+0

Morningstar’s Analysis BIAEX

Will BIAEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BIAEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BIAEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BIAEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Brown Advisory Tax Exempt Bond Investor's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings BIAEX

More BIAEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 3.27%

3.47 33.3 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5.29%

3.07 29.4 Mil
municipal

TOBACCO SETTLEMENT FING CORP RHODE IS 5%

2.45 23.5 Mil
municipal

PUBLIC FIN AUTH WIS TAX-EXEMPT POOLED SECS SER 2024-2 4%

2.28 21.9 Mil
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 4.39%

2.05 19.7 Mil
municipal

FLORIDA DEV FIN CORP REV 5%

1.92 18.4 Mil
municipal

LOVE FIELD ARPT MODERNIZATION CORP TEX GEN ARPT REV 4%

1.84 17.7 Mil
municipal

CALIFORNIA EARTHQUAKE AUTH REV 5.6%

1.61 15.4 Mil
municipal

FORT WORTH TEX SPL TAX REV 5.25%

1.56 15.0 Mil
municipal

PUBLIC FIN AUTH WIS TAX EXEMPT POOLED SECS SER 2024-1 4%

1.51 14.5 Mil
municipal

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