Morningstar

Brown Advisory Mortgage Securities Inv BIAZX

Morningstar Medalist Rating
Medalist Rating as of | See Brown Advisory Investment Hub
  • NAV / 1-Day Return 9.19  /  −0.76 %
  • Total Assets 297.8 Mil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.530%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 100
  • Status Open
  • TTM Yield 4.09%
  • Effective Duration 5.97 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis BIAZX

Will BIAZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BIAZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BIAZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BIAZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Brown Advisory Mortgage Securities Inv's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BIAZX

More BIAZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association

5.14 16.9 Mil
Securitized

United States Treasury Bills 0%

4.85 16.0 Mil
Government

Government National Mortgage Association

3.19 10.5 Mil
Securitized

First American Government Obligs Z

2.72 9.0 Mil
Cash and Equivalents

Ultra 10 Year US Treasury Note Future Dec 24

2.55 8.4 Mil
Government

Cash Offset

2.03 6.7 Mil
—

Federal Home Loan Mortgage Corp. 6%

1.29 4.2 Mil
Securitized

Federal Home Loan Mortgage Corp. 3.5%

1.28 4.2 Mil
Securitized

Government National Mortgage Association

1.10 3.6 Mil
Securitized

Federal Home Loan Mortgage Corp. 4%

1.06 3.5 Mil
Securitized

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