BASAX Performance — Brown Advisory Small-Cap Growth Fund, Advisor Shares
Data updated: 2026-09-11
BASAX returned +18.44% year to date and +21.41% over one year to Jun 2026. Annualised returns are +8.75% over 3 years and +2.05% over 5 years. Against its US Mid-Cap Growth category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $129, against $152 for the category, and to $121 over one year, against $118. Volatility over the past three years was 16.32% a year. In the 12 months to Jun 2026 the fund lost a net $343.3M, and assets reached $594.91M.
BASAX Growth of $100
What $100 invested in Brown Advisory Small-Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | BASAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $121 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $129 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $111 | $129 |
| Since data start (Jul 2019 – Jun 2026) | $161 | $203 |
BASAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.44% |
| 1 year | +21.41% |
| 3 years (annualised) | +8.75% |
| 5 years (annualised) | +2.05% |
BASAX Annual Returns
Calendar-year total returns of Brown Advisory Small-Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +18.44% |
| 2025 | +2.12% |
| 2024 | +4.12% |
| 2023 | +12.07% |
| 2022 | −20.52% |
| 2021 | +7.19% |
| 2020 | +31.45% |
| 2019 (Jul–Dec) | +1.74% |
BASAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.4% | +2.4% | −7.0% | +6.5% | +5.5% | +7.0% | — | — | — | — | — | — |
| 2025 | +4.5% | −3.4% | −8.3% | −2.1% | +5.1% | +4.6% | −0.1% | +0.1% | +0.5% | +1.8% | 0.0% | 0.0% |
| 2024 | −2.0% | +4.6% | +3.0% | −7.0% | +2.3% | −0.7% | +5.4% | +0.2% | 0.0% | −1.6% | +7.5% | −6.6% |
| 2023 | +7.0% | −1.6% | −0.7% | −0.8% | −1.2% | +7.1% | +2.0% | −3.0% | −5.5% | −7.0% | +8.7% | +8.0% |
| 2022 | −9.8% | −1.5% | +0.7% | −8.6% | −0.6% | −5.8% | +7.1% | −2.3% | −6.1% | +6.3% | +4.1% | −4.5% |
| 2021 | −0.3% | +4.2% | −1.9% | +5.7% | −1.6% | +2.4% | +1.6% | −0.4% | −3.7% | +5.4% | −7.7% | +4.0% |
| 2020 | +2.2% | −5.8% | −20.5% | +14.5% | +11.0% | +2.7% | +5.3% | +4.6% | −1.8% | −0.8% | +13.3% | +8.0% |
| 2019 | — | — | — | — | — | — | +1.3% | −3.5% | −3.1% | +0.4% | +6.2% | +0.7% |
BASAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.32%
- 3-year Sharpe ratio: 0.26 (vs 4.5% risk-free rate)
- Best month: +8.74% (Nov 2023)
- Worst month: −8.32% (Mar 2025)
BASAX Fund Flows
Monthly money in and out of Brown Advisory Small-Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$343.3M
- 12-month gross sales (incl. reinvestments): $126.8M
- Sales ÷ redemptions: 0.27×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.7M | $19.8M | −$17.1M |
| May 2026 | $5.9M | $23.9M | −$18.0M |
| Apr 2026 | $3.2M | $33.4M | −$30.2M |
| Mar 2026 | $5.8M | $30.8M | −$25.0M |
| Feb 2026 | $8.0M | $20.6M | −$12.6M |
| Jan 2026 | $6.0M | $24.6M | −$18.7M |
| Dec 2025 | $74.2M | $69.4M | $4.8M |
| Nov 2025 | $3.4M | $46.6M | −$43.2M |
| Oct 2025 | $6.1M | $64.3M | −$58.1M |
| Sep 2025 | $3.1M | $52.6M | −$49.5M |
| Aug 2025 | $3.2M | $32.2M | −$29.1M |
| Jul 2025 | $5.2M | $51.8M | −$46.5M |
BASAX Assets Under Management
Net assets of Brown Advisory Small-Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $594.91M |
| 2026-03-31 | $555.41M |
| 2025-12-31 | $618.62M |
| 2025-09-30 | $816.08M |
| 2025-06-30 | $935.39M |
| 2025-03-31 | $1.24B |
| 2024-12-31 | $1.46B |
| 2024-09-30 | $1.58B |
| 2024-06-30 | $1.62B |
| 2024-03-31 | $2.29B |
| 2023-12-31 | $2.25B |
| 2023-09-30 | $2.08B |
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.