BBMIX Fees and Costs — BBH Select Series Mid Cap Fund, Class I
Data updated: 2026-01-14
The net expense ratio is 0.84%: a 0.75% management fee plus 0.09% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $106K in broker commissions, 0.0207% of average net assets, and portfolio turnover was 6%.
BBMIX Fees and Expenses
Annual operating expenses and sales charges of BBMIX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.84% |
| Fee waiver | — |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BBMIX Costs Over Time
On $10,000 invested in BBMIX, assuming 5% a year before costs, total costs come to $540 over 5 years, cutting the return by 0.90% 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 0.84%) | $88 | $276 | $479 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $296 | $540 |
| Value after costs | $10,410 | $11,280 | $12,223 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
BBMIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0207%
- Total broker commissions: $106K
- Bought from dealers (principal trades, not a cost): $1.8M
- Portfolio turnover (prospectus): 6%
- Securities lending: none during the year
BBMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $43K | 40.27% |
| J.P. MORGAN SECURITIES LLC | $16K | 14.78% |
| BARCLAYS CAPITAL INC. | $12K | 11.20% |
| BERNSTEIN INSTITUTIONAL SERVIC | $9K | 8.70% |
| Jefferies LLC | $7K | 6.98% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $7K | 6.85% |
| Robert W. Baird & Co. | $7K | 6.65% |
| Goldman Sachs & Co, LLC | $3K | 2.52% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $1K | 1.10% |
| Sg Americas Securities, Llc | $988 | 0.94% |
BBMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BROWN BROTHERS HARRIMAN INVESTMENTS, LLC | $1.8M | 100.00% |
BBH Select Series Mid Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BBMIX | Class I | 0.84% | none |
| BBMRX | C000229140 | 1.15% | 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.