Understanding the Brown Advisory Sustainable Value ETF (BASV)

The Brown Advisory Sustainable Value ETF (ticker: BASV) is an exchange-traded fund listed on the NASDAQ. This ETF focuses on a sustainable value investment strategy.

What this ETF is trying to do

BASV is designed to invest in companies based on a sustainable value approach. While the specific strategy details are not fully listed, the fund holds a variety of different companies across various sectors. According to the most recent data, the fund holds 42 total holdings.

Top Holdings:

• AMAZON.COM INC (4.32%)

• CASH (4.26%)

• TENET HEALTHCARE CORP (3.90%)

• CARDINAL HEALTH INC (3.84%)

• MICROSOFT CORP (3.73%)

• DELL TECHNOLOGIES INC (3.61%)

• BECTON DICKINSON & CO (3.44%)

• CONSTELLATION ENERGY CORP (3.23%)

• WILLIS TOWERS WATSON PLC (3.03%)

• CITIGROUP INC (2.96%)

*Note: This list is a partial view of the fund's holdings and can change over time.*

What the numbers show

The current price of BASV is $30.54. Looking at historical performance, we can see how the share price has moved:

• Year-to-Date (YTD) Price Return: The share price has increased by approximately 9.98%.

• One-Year Price Return: The share price has increased by approximately 12.69%.

• Estimated Price from Roughly One Year Ago: The price was approximately $27.10.

It is important to distinguish between price return and total return. Price return only tracks the change in the share price. Total return includes both the price change and any distributions (cash payments) made to investors. For BASV, the one-year total return was approximately 13.15%, which is higher than the price return alone.

Income and distribution explanation

BASV provides a distribution yield of approximately 0.38%. The trailing distributions over the last year were $0.1146 per share.

The distribution frequency is described as "irregular" or "less frequent," with only one payout recorded in the last 12 months. Because these payments do not happen on a regular schedule (like every month), investors should note that the income may be inconsistent.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, regarding price erosion, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.

Pros

• Positive Price Movement: The fund has shown both year-to-date and one-year price growth.

• Low Erosion Risk: The data shows no detected price erosion.

Cons

• Irregular Income: Distributions are not frequent or regular, which may make it difficult to rely on for steady cash flow.

Beginner takeaway

BASV has recently seen its share price increase. While it does pay distributions, the yield is relatively low and the payments are irregular. When looking at this ETF, it is helpful to look at the "total return" to see how much value was created by both price changes and cash payments combined.