BTEIX — Brown Advisory Tax Exempt Bond Fund
Data updated: 2026-09-11
BTEIX — Brown Advisory Tax Exempt Bond Fund. Long Municipal - National Bond · $1.30B AUM · 0.41% expense ratio. Holdings, fees, performance and SEC 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: $1.30B
- 1-year return: 6.9%
- 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 | 2.27% |
| California Cmnty Choice Fing A | 1.85% |
| Tobacco Settlement Fing Corp. R | 1.80% |
| First American Government Obli | 1.75% |
| Public Fin Auth Wi Toll Revenu | 1.73% |
| Public Fin Auth Wi Tax Exempt | 1.67% |
| Michigan St Fin Auth Revenue | 1.63% |
| Black Belt Energy Gas Dist Al | 1.63% |
| Kentucky St Public Energy Auth | 1.62% |
| San Francisco Ca City &cnty Ar | 1.49% |
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 | 100.0% |
| Cash & Equivalents | 1.8% |
BTEIX Performance
Total returns for BTEIX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.0% |
| 1 year | 6.9% |
| 3 years (annualised) | 4.6% |
| 5 years (annualised) | 1.6% |
BTEIX Risk Information
Risk metrics for BTEIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.4%
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 2026-06, Brown Advisory Tax Exempt Bond Fund had net inflows of $245.59M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $7.15M |
| 2026-05 | $18.85M |
| 2026-04 | $12.84M |
| 2026-03 | $24.63M |
| 2026-02 | $37.36M |
| 2026-01 | $47.12M |
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 | 2.27% |
| California Cmnty Choice Fing A | 1.85% |
| Tobacco Settlement Fing Corp. R | 1.80% |
| Public Fin Auth Wi Toll Revenu | 1.73% |
| Public Fin Auth Wi Tax Exempt | 1.67% |
| Michigan St Fin Auth Revenue | 1.63% |
| Black Belt Energy Gas Dist Al | 1.63% |
| Kentucky St Public Energy Auth | 1.62% |
| San Francisco Ca City &cnty Ar | 1.49% |
| Miami-Dade Cnty Fl Expressway | 1.41% |
BTEIX Prospectus and SEC Filings
Official Brown Advisory Tax Exempt Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-29
- Prospectus (485BPOS) — filed 2024-10-29
- Prospectus (485BPOS) — filed 2022-10-28
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-09-11
- Annual census (N-CEN) — filed 2024-09-10
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.