Brown Advisory Intermediate Income Fund (BAIAX)
Brown Advisory Intermediate Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $9.41, up 0.11% on the session, giving a market capitalisation of $144.8M. Its beta of 0.78 implies it has historically moved less than the broad market.
The Brown Advisory Intermediate Income Fund typically allocates a substantial portion of its capital, committing a minimum of 80% of its net assets (including any funds acquired through borrowing), to a diverse array of debt instruments. This primarily encompasses U.S. government bonds, corporate fixed-income securities, and structured products like mortgage-backed and asset-backed securities. Furthermore, the fund retains the flexibility to invest in other collective investment vehicles that pursue comparable fixed-income strategies, with such holdings contributing directly toward its mandatory 80% allocation policy. The fund also has the discretion to employ derivative instruments as part of its investment approach.
Brown Advisory Intermediate Income Fund is most often compared with the following Financial Services names: