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Baron Asset Fund (BARAX)

Mutual Fund · Currency in USD · Last updated Apr 1, 2023

The fund invests for the long term primarily in equity securities in the form of common stock of U.S. mid-sized growth companies. BAMCO, Inc. ("BAMCO" or the "Adviser") defines mid-sized companies as those, at the time of purchase, with market capitalizations above $2.5 billion or the smallest market cap stock in the Russell Midcap Growth Index at reconstitution, whichever is larger, and below the largest market cap stock in the Russell Midcap Growth Index at reconstitution.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Baron Asset Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $389,054 for a total return of roughly 3,790.54%. All prices are adjusted for splits and dividends.


1,000.00%1,500.00%2,000.00%2,500.00%3,000.00%3,500.00%4,000.00%NovemberDecember2023FebruaryMarch
3,790.54%
1,189.46%
BARAX (Baron Asset Fund)
Benchmark (^GSPC)

S&P 500

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Baron Asset Fund

Return

Baron Asset Fund had a return of 5.27% year-to-date (YTD) and -9.95% in the last 12 months. Over the past 10 years, Baron Asset Fund had an annualized return of 11.29%, outperforming the S&P 500 benchmark which had an annualized return of 10.16%.


PeriodReturnBenchmark
1 month1.59%3.51%
Year-To-Date5.27%7.03%
6 months16.94%12.88%
1 year-9.95%-10.71%
5 years (annualized)9.14%9.25%
10 years (annualized)11.29%10.16%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20236.48%-2.68%
2022-8.05%9.27%7.21%-4.27%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Baron Asset Fund Sharpe ratio is -0.36. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.20-1.00-0.80-0.60-0.40-0.200.00NovemberDecember2023FebruaryMarch
-0.36
-0.46
BARAX (Baron Asset Fund)
Benchmark (^GSPC)

Dividend History

Baron Asset Fund granted a 0.01% dividend yield in the last twelve months. The annual payout for that period amounted to $0.01 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.01$0.01$8.98$3.39$1.53$4.73$4.94$2.82$6.57$4.17$5.60$3.76

Dividend yield

0.01%0.01%7.65%3.29%1.98%8.40%8.76%6.31%15.62%9.87%14.53%13.55%

Monthly Dividends

The table displays the monthly dividend distributions for Baron Asset Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$8.98$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.39$0.00
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$1.50$0.00
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.73$0.00
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.94$0.00
2016$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.00$0.00$2.80$0.00
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.57
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.17
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$5.60$0.00
2012$3.76$0.00

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-23.95%
-14.33%
BARAX (Baron Asset Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Baron Asset Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Baron Asset Fund is 57.35%, recorded on Mar 9, 2009. It took 588 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-57.35%Nov 1, 2007338Mar 9, 2009588Jul 7, 2011926
-44.05%Mar 27, 2000739Mar 12, 2003441Dec 10, 20041180
-41.71%Sep 5, 1989291Oct 16, 1990347Feb 12, 1992638
-38.2%Apr 6, 1998134Oct 8, 1998124Mar 31, 1999258
-37.53%Nov 17, 2021146Jun 16, 2022
-34.12%Feb 20, 202023Mar 23, 202053Jun 8, 202076
-26.44%Oct 6, 198717Oct 28, 1987135May 4, 1988152
-24.06%Jul 8, 201161Oct 3, 2011120Mar 26, 2012181
-23.72%May 13, 1999113Oct 18, 1999102Mar 10, 2000215
-22.44%Sep 17, 201869Dec 24, 201866Apr 1, 2019135

Volatility Chart

Current Baron Asset Fund volatility is 19.12%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2023FebruaryMarch
19.12%
15.42%
BARAX (Baron Asset Fund)
Benchmark (^GSPC)