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Morningstar

Brown Advisory Tax-Exempt Sust Bd Inv BITEX

Morningstar Medalist Rating
Medalist Rating as of | See Brown Advisory Investment Hub
  • NAV / 1-Day Return 8.97  /  −0.10 %
  • Total Assets 277.9 Mil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 100
  • Status Open
  • TTM Yield 3.49%
  • Effective Duration 4.55 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis BITEX

Will BITEX 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 BITEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BITEX 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 BITEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Brown Advisory Tax-Exempt Sust Bd 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 BITEX

More BITEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

METROPOLITAN TRANSN AUTH N Y REV 4.07%

4.34 12.4 Mil
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5%

3.50 10.0 Mil
municipal

WISCONSIN ST 4.06%

3.48 9.9 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 3.13%

3.04 8.7 Mil
municipal

CALIFORNIA EARTHQUAKE AUTH REV 5.6%

2.86 8.2 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WASTEWATER REV 5%

2.80 8.0 Mil
municipal

DOUGLAS CNTY NEB EDL FACS REV 4.17%

2.71 7.7 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 4.89%

2.42 6.9 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

2.41 6.9 Mil
municipal

COLORADO HSG & FIN AUTH 5.75%

2.24 6.4 Mil
municipal