Brown Advisory Intermediate Income Fund
BAIAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 901 South Bond Street Baltimore MD United States of America 21231
- IPO Date
- Jun 28, 1991
- CIK
- 0001548609
- Website
- brownadvisory.com
- Similar Companies
- Business
- Brown Advisory Intermediate Income Fund (BAIAX) is a mutual fund managed by Brown Advisory, focusing on generating current income with a secondary objective of capital appreciation through investments in a diversified portfolio of fixed-income securities. The fund primarily invests in investment-grade bonds, including U.S. Treasury securities, corporate bonds, mortgage-backed securities, and asset-backed securities; it also allocates to high-yield bonds, emerging market debt, and floating-rate loans to enhance yield potential while managing duration and credit risk. BAIAX employs active management strategies, such as sector rotation, yield curve positioning, and security selection, targeting intermediate-term durations typically ranging from 3 to 8 years. The fund operates within the taxable bond segment of the fixed-income market, serving individual and institutional investors seeking tax-efficient income solutions for portfolios. Geographically, its investments span U.S. domestic markets, developed international bond markets, and selective emerging markets exposure. Launched in 2012 and domiciled in the United States with administrative oversight from Baltimore, Maryland-based Brown Advisory, the fund benefits from the firm's broader platform without notable subsidiaries or parent entities specific to BAIAX. Recent developments include portfolio adjustments in response to 2024-2025 interest rate volatility, with increased emphasis on shorter-duration securities amid Federal Reserve policy shifts; a strategic overweight in investment-grade corporate credit following improved economic outlooks; and enhanced liquidity provisions through Brown Advisory's affiliation expansions, though no major acquisitions, funding rounds, or name changes have occurred for the fund in the past two years.