Brown Advisory Equity Income (BIADX) Fund Profile

Equity Income Fund Fact Sheet

Objective

The Brown Advisory Equity Income Fund seeks to provide current dividend yield and dividend growth.

Strategy

The Fund seeks to invest at least 80% of its assets in a diversified portfolio of dividend-paying stocks. The managers may invest up to 20% of the fund in fixed income. Stock selection involves screening for yield, fundamental research, and an assessment of a company's dividend policy. The Fund will focus on medium and large cap stocks with market caps greater than $1 billion.

Profile

The Fund seeks high quality companies with above average dividend yields and the potential for dividend growth. We believe that this combination offers the opportunity for an attractive total return with potentially lower volatility than the broad market indices.

 

Performance

  Annualized
(As of December 31, 2016) 3-month 1-year 3-year Since Inception
Equity Income Fund (Inv.) 1.61% 9.35% 4.46% 10.17%
S&P 500 Index 3.82% 11.96% 8.87% 14.55%

 

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Click here for the monthly and quarterly performance information.

Performance data does not reflect the 1.00% fee on shares redeemed or exchanged within 14 days of purchase, and if it had, returns would be lower.

 

Yields

(As of February 28, 2017) BIADX BADAX
30-Day SEC Yield 1.98% 1.74%
12-Month Distribution Yield 1.58% 1.35%

 

 

Top 10 Holdings

(As of December 31, 2016)
1. Altria Group Inc 5.2%
2. Microsoft Corp 4.4%
3. Philip Morris International Inc 3.5%
4. Automatic Data Processing Inc 3.3%
5. JPMorgan Chase & Co 3.3%
6. Apple Inc 3.3%
7. Wells Fargo & Co 3.2%
8. Cisco Systems Inc 3.1%
9. McDonald's Corp 3.1%
10. AbbVie Inc 2.8%

 

Characteristics

(As of December 31, 2016)
Est 3-5 Yr EPS Growth Rate   8.0%
Forward P/E Ratio   16.9x
12 Mo Distribution Yield   1.7%
Average Beta - 3Yr.   0.9%
Dividend Yield   3.0%

 

Sector Exposure

(As of December 31, 2016)
Energy   4.7%
Materials   1.2%
Industrials   13.3%
Consumer Discretionary   11.3%
Consumer Staples   14.2%
Healthcare   11.8%
Financials   16.1%
Information Technology   19.4%
Real Estate   8.0%
Telecom Services   0.0%
Utilities   0.0%
Total   100.0%

 

*The minimum investment requirements are waived for qualified retirement plans under Section 401(a) of the Internal Revenue Code ("IRC"), and plans operating consistent with 403(a), 403(b), 408, 408(A), 457, 501(c) and 223(d) of the IRC.

Estimated EPS Growth Rate is not a measure of the fund's future performance.

Diversification does not assume a profit nor protect against loss in a declining market.

Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.

Click here for index and financial term definitions.

 

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