# Brown Advisory Flexible Equity ETF (BAFE) — Overview

BAFE · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/bafe

## Price

Last close $30.38 on Oct 15, 2026. 52-week range $24.55 – $30.47.

## Fund profile

BAFE actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style. The fund aims to beat its benchmark over the long-term.

| Metric | Value |
| --- | --- |
| Issuer | Brown Advisory LLC |
| Industry | — |
| Inception | Nov 18, 2024 |
| Assets under management | $1.8B |
| Expense ratio | 0.54% |
| Net asset value | $30.12 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Brown Advisory Flexible Equity ETF (BAFE)?

BAFE actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style. The fund aims to beat its benchmark over the long-term.

### What is BAFE's expense ratio?

Brown Advisory Flexible Equity ETF charges an annual expense ratio of 0.54%. The fund is issued by Brown Advisory LLC.

### How large is BAFE?

Brown Advisory Flexible Equity ETF manages $1.8B in assets and has traded since Nov 18, 2024.

### How do I buy shares of Brown Advisory Flexible Equity ETF (BAFE)?

BAFE trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).