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About Brown Advisory Flexible Equity ETF
Home page
www.brownadvisory.com/etf/Flexible-equity-etf
Inception date
Nov 18, 2024
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Brown Advisory LLC
Distributor
SEI Investments Distribution Co.
BAFE is actively managed, to invest in US equity securities across various capitalization companies with strong or improving long-term characteristics and favorable pricing. The fund targets companies with competitive advantages, capable management, and positive industry dynamics. Investments include domestic and foreign common/preferred stock, convertible debt, ADRs, REITs, other ETFs, and BDCs, with up to 15% in foreign securities including emerging markets. The adviser employs a flexible equity philosophy, balancing growth and value styles while focusing on long-term attractive businesses at bargain prices. This involves a detailed analysis of market position, financial strength, and management effectiveness. The portfolio typically consists of 30 to 50 issuers, with an average holding period of one to five years. The portfolio tends to underperform during market declines but tends to rebound more quickly when the market turns positive. The fund has been available for decades in a mutual fund or separately managed account and has experienced low turner.
Classification
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Commercial Services
Stock breakdown by region
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