BTEIX — Brown Advisory Tax Exempt Bond Fund
Data updated: 2026-05-27
BTEIX — Brown Advisory Tax Exempt Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $1.24B AUM · 0.41% expense ratio · 5.4% 1-yr return. From SEC regulatory filings.
BTEIX Fund Overview
BTEIX — Brown Advisory Tax Exempt Bond Fund is a US mutual fund managed by Brown Advisory Funds, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Brown Advisory Funds
- Category: Long Municipal - National Bond
- Assets under management: $1.24B
- 1-year return: 5.4%
- Ticker: BTEIX
- SEC CIK: 0001548609
- SEC series ID: S000037790
- Share class ID: C000116565
BTEIX Holdings
Top 10 holdings of Brown Advisory Tax Exempt Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Main Street Natural Gas, Inc. Ga | 2.36% |
| Black Belt Energy Gas Dist Al | 2.35% |
| First American Government Obli | 2.06% |
| California Cmnty Choice Fing A | 1.93% |
| Tobacco Settlement Fing Corp. R | 1.88% |
| Public Fin Auth Wi Toll Revenu | 1.76% |
| Public Fin Auth Wi Tax Exempt | 1.74% |
| Kentucky St Public Energy Auth | 1.69% |
| San Francisco Ca City &cnty Ar | 1.53% |
| Miami-Dade Cnty Fl Expressway | 1.48% |
BTEIX Portfolio Allocation
Asset-class allocation of Brown Advisory Tax Exempt Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.6% |
| Cash & Equivalents | 2.1% |
BTEIX Performance
Total returns for BTEIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.2% |
| 1 year | 5.4% |
| 3 years (annualised) | 4.1% |
| 5 years (annualised) | 1.6% |
BTEIX Risk Information
Risk metrics for BTEIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.6%
BTEIX Costs and Fees
BTEIX costs about $41 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.41%
- Gross expense ratio: 0.41%
- Portfolio turnover: 40%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
BTEIX Cashflows
Over the 12 months to 2026-03, Brown Advisory Tax Exempt Bond Fund had net inflows of $183.53M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $24.63M |
| 2026-02 | $37.36M |
| 2026-01 | $47.12M |
| 2025-12 | $29.34M |
| 2025-11 | $28.27M |
| 2025-10 | $15.43M |
BTEIX Debt Constituents
Largest debt holdings of Brown Advisory Tax Exempt Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Main Street Natural Gas, Inc. Ga | 2.36% |
| Black Belt Energy Gas Dist Al | 2.35% |
| California Cmnty Choice Fing A | 1.93% |
| Tobacco Settlement Fing Corp. R | 1.88% |
| Public Fin Auth Wi Toll Revenu | 1.76% |
| Public Fin Auth Wi Tax Exempt | 1.74% |
| Kentucky St Public Energy Auth | 1.69% |
| San Francisco Ca City &cnty Ar | 1.53% |
| Miami-Dade Cnty Fl Expressway | 1.48% |
| California Cmnty Choice Fing A | 1.41% |
BTEIX Prospectus and SEC Filings
Official Brown Advisory Tax Exempt Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.