Fund Evaluator:

Brown Advisory WMC Strat Eurp Eq Instl Overview

Brown Advisory WMC Strat Eurp Eq Instl (BAFHX) is an actively managed International Equity Europe Stock fund. Brown Advisory Funds launched the fund in 2013.

The investment seeks to achieve total return by investing principally in equity securities issued by companies established or operating in Europe. Under normal conditions, the fund seeks to achieve its investment objective by investing at least 80% of the value of its net assets (plus any borrowings for investment purposes) in equity securities of companies which are domiciled in or exercise the predominant part of their economic activity in Europe - defined as countries included in the MSCI Europe Index.

About Brown Advisory WMC Strat Eurp Eq Instl (BAFHX)

There are 1 members of the management team with an average tenure of 12.78 years: C. Dirk Enderlein (2013). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI Europe NR USD index with a weighting of 100%. Brown Advisory WMC Strat Eurp Eq Instl has 71 securities in its portfolio. The top 10 holdings constitute 32.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Brown Advisory WMC Strat Eurp Eq Instl is part of the Equity global asset class and is within the International Equity fund group. Brown Advisory WMC Strat Eurp Eq Instl has 97.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.4%. There is 97.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Brown Advisory WMC Strat Eurp Eq Instl has 2.2% of the portfolio in cash.

Assets Under Management

The fund has $629 million in total assets, which is below the $1 billion average for the Europe Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

BAFHX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Brown Advisory WMC Strat Eurp Eq Instl expense ratio is high compared to funds in the Europe Stock category. Brown Advisory WMC Strat Eurp Eq Instl has an expense ratio of 1.05%, which is 11% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Brown Advisory WMC Strat Eurp Eq Instl has a portfolio turnover rate of 47%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 108% for the Europe Stock category.

Recently, in the month of July 2026, Brown Advisory WMC Strat Eurp Eq Instl returned 4.7%, which earned it a grade of A, as the Europe Stock category had an average return of 0.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Brown Advisory WMC Strat Eurp Eq Instl has a trailing yield of 1.35%, which is below the 2.12% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Brown Advisory WMC Strat Eurp Eq Instl Grades

Year to date, the fund has returned 4.1%, 4.5 percentage points worse than the category, which translates into a grade of D. The fund has returned 12.5% over the past year (grade of F), 20.8% over the past three years (grade of A) and 12.5% per year over the past five years (grade of A) and 11.8% per year over the past 10 years (grade of A).

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