Baron Durable Advantage Fund (BDAIX)
The fund invests primarily in equity securities in the form of common stock of U.S. large-sized companies. The Adviser seeks to invest primarily in what the advisor believes are unique, well-managed, competitively advantaged businesses that generate significant excess free cash flow that is consistently returned to shareholders in the form of stock buybacks and/or dividends.
Fund Info
| ISIN | US0682787611 |
|---|---|
| CUSIP | 068278761 |
| Issuer | Baron Capital Group, Inc. |
| Inception Date | Dec 29, 2017 |
| Category | Large Cap Growth Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The Baron Durable Advantage Fund has a high expense ratio of 1.48%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Baron Durable Advantage Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Baron Durable Advantage Fund had a return of 8.20% year-to-date (YTD) and 39.55% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.20% | 6.33% |
| 1 month | -2.36% | -2.81% |
| 6 months | 26.02% | 21.13% |
| 1 year | 39.55% | 24.56% |
| 5 years (annualized) | 17.14% | 11.55% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.24% | 6.23% | 1.09% | |||||||||
| 2023 | -4.25% | -1.16% | 10.52% | 4.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Baron Durable Advantage Fund(BDAIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Baron Durable Advantage Fund (BDAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Baron Durable Advantage Fund granted a 0.09% dividend yield in the last twelve months. The annual payout for that period amounted to $0.02 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.02 | $0.02 | $0.00 | $0.07 | $0.02 | $0.00 | $0.03 |
Dividend yield | 0.09% | 0.10% | 0.00% | 0.33% | 0.12% | 0.00% | 0.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Baron Durable Advantage Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.03 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Baron Durable Advantage Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Baron Durable Advantage Fund was 33.57%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.
The current Baron Durable Advantage Fund drawdown is 3.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.57% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -30.26% | Dec 28, 2021 | 202 | Oct 14, 2022 | 188 | Jul 18, 2023 | 390 |
| -19.7% | Sep 21, 2018 | 65 | Dec 24, 2018 | 70 | Apr 5, 2019 | 135 |
| -9.74% | Jan 29, 2018 | 9 | Feb 8, 2018 | 115 | Jul 25, 2018 | 124 |
| -8.51% | Jul 20, 2023 | 71 | Oct 27, 2023 | 10 | Nov 10, 2023 | 81 |
Volatility
Volatility Chart
The current Baron Durable Advantage Fund volatility is 4.12%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.