BASVX Fees and Costs — Brown Advisory Sustainable Value Fund, Institutional Shares
Data updated: 2026-09-11
The net expense ratio is 0.71% (0.77% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $42K in broker commissions, 0.0239% of average net assets, and portfolio turnover was 29%.
BASVX Fees and Expenses
Annual operating expenses and sales charges of BASVX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.77% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.71% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
BASVX Costs Over Time
On $10,000 invested in BASVX, assuming 5% a year before costs, total costs come to $462 over 5 years, cutting the return by 0.77% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.71%) | $75 | $233 | $406 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $253 | $462 |
| Value after costs | $10,423 | $11,323 | $12,301 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
BASVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0239%
- Total broker commissions: $42K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
BASVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $17K | 43.03% |
| JEFFERIES LLC | $6K | 16.04% |
| MORGAN STANLEY & CO. LLC | $3K | 8.68% |
| INSTINET LLC | $3K | 8.03% |
| STIFEL NICOLAUS & COMPANY INCORPORATED | $2K | 5.44% |
| ROBERT W. BAIRD & CO. INCORPORATED | $2K | 4.86% |
| J.P. MORGAN SECURITIES LLC | $2K | 4.75% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $1K | 3.68% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 3.02% |
| PERSHING LLC | $963 | 2.48% |
Brown Advisory Sustainable Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BASVX | Institutional Shares | 0.71% | none |
| BISVX | Investor Shares | 0.86% | none |
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.