BAFTX Performance — Brown Advisory Total Return Fund, Institutional Shares
Data updated: 2023-05-26
BAFTX returned −6.20% over one year to Mar 2023. The annualised 3-year return is −0.12%. Against its Money Market category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $100, against $119 for the category, and to $94 over one year, against $94. Volatility over the past three years was 6.43% a year. In the 12 months to Mar 2023 the fund took in a net $247.5M, and assets reached $399.48M.
BAFTX Growth of $100
What $100 invested in Brown Advisory Total Return Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | BAFTX | Category average |
|---|---|---|
| 1 year (Apr 2022 – Mar 2023) | $94 | $94 |
| 3 years (Apr 2020 – Mar 2023) | $100 | $119 |
| Since data start (Jul 2019 – Mar 2023) | $99 | $108 |
BAFTX Trailing Returns
Total returns to Mar 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −6.20% |
| 3 years (annualised) | −0.12% |
BAFTX Annual Returns
Calendar-year total returns of Brown Advisory Total Return Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Mar) | +2.63% |
| 2022 | −13.37% |
| 2021 | −0.35% |
| 2020 | +9.15% |
| 2019 (Jul–Dec) | +2.66% |
BAFTX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.8% | −2.4% | +2.4% | — | — | — | — | — | — | — | — | — |
| 2022 | −1.8% | −1.3% | −2.2% | −3.5% | −0.5% | −1.3% | +1.8% | −2.5% | −4.0% | −1.8% | +3.2% | −0.1% |
| 2021 | −0.5% | −1.4% | −0.9% | +0.9% | +0.4% | +0.8% | +1.0% | −0.2% | −0.7% | +0.3% | +0.1% | −0.1% |
| 2020 | +2.5% | +1.8% | −7.0% | +4.1% | +1.8% | +2.2% | +2.1% | −0.1% | +0.3% | −0.4% | +1.5% | +0.4% |
| 2019 | — | — | — | — | — | — | +0.3% | +2.8% | −0.4% | +0.3% | −0.1% | −0.2% |
BAFTX Risk
Risk measures from monthly returns over Apr 2020 – Mar 2023.
- 3-year volatility (annualised): 6.43%
- 3-year Sharpe ratio: -0.72 (vs 4.5% risk-free rate)
- Best month: +4.11% (Apr 2020)
- Worst month: −4.03% (Sep 2022)
BAFTX Fund Flows
Monthly money in and out of Brown Advisory Total Return Fund, from SEC Form N-PORT.
- 12-month net flow: $247.5M
- 12-month gross sales (incl. reinvestments): $129.7M
- Sales ÷ redemptions: -1.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2023 | $17.8M | −$11.7M | $29.5M |
| Feb 2023 | $15.5M | −$5.4M | $20.9M |
| Jan 2023 | $18.0M | −$9.0M | $27.0M |
| Dec 2022 | $17.9M | −$17.1M | $34.9M |
| Nov 2022 | $8.1M | −$13.2M | $21.4M |
| Oct 2022 | $7.3M | −$8.1M | $15.4M |
| Sep 2022 | $2.4M | −$12.8M | $15.2M |
| Aug 2022 | $7.4M | −$3.8M | $11.1M |
| Jul 2022 | $6.5M | −$9.3M | $15.8M |
| Jun 2022 | $12.8M | −$9.3M | $22.0M |
| May 2022 | $13.3M | −$11.9M | $25.1M |
| Apr 2022 | $2.8M | −$6.2M | $9.0M |
BAFTX Assets Under Management
Net assets of Brown Advisory Total Return Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-03-31 | $399.48M |
| 2022-12-31 | $368.07M |
| 2022-09-30 | $371.12M |
| 2022-06-30 | $401.69M |
| 2022-03-31 | $424.29M |
| 2021-12-31 | $454.51M |
| 2021-09-30 | $458.92M |
| 2021-06-30 | $442.06M |
| 2021-03-31 | $430.69M |
| 2020-12-31 | $457.43M |
| 2020-09-30 | $420.64M |
| 2020-06-30 | $391.66M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.