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Baron Durable Advantage Fund (BDAIX)

Mutual Fund · Currency in USD · Last updated Mar 18, 2023

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.

Share Price Chart

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The chart shows the growth of $10,000 invested in Baron Durable Advantage Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $17,211 for a total return of roughly 72.11%. All prices are adjusted for splits and dividends.

BDAIX (Baron Durable Advantage Fund)
Benchmark (^GSPC)

S&P 500

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Baron Durable Advantage Fund


Baron Durable Advantage Fund had a return of 10.31% year-to-date (YTD) and -4.25% in the last 12 months. Over the past 10 years, Baron Durable Advantage Fund had an annualized return of 11.00%, outperforming the S&P 500 benchmark which had an annualized return of 7.62%.

1 month-3.00%-5.31%
6 months6.20%0.39%
1 year-4.25%-10.12%
5 years (annualized)10.19%7.32%
10 years (annualized)11.00%7.62%

Monthly Returns Heatmap


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 Durable Advantage Fund Sharpe ratio is -0.16. 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.

BDAIX (Baron Durable Advantage Fund)
Benchmark (^GSPC)

Dividend History

Baron Durable Advantage Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


Dividend yield


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.


Drawdowns Chart

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

BDAIX (Baron Durable Advantage Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Baron Durable Advantage 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 Durable Advantage Fund is 33.57%, recorded on Mar 23, 2020. It took 82 trading sessions for the portfolio to recover.



To Bottom


To Recover



-33.57%Feb 20, 202023Mar 23, 202082Jul 20, 2020105
-30.25%Dec 28, 2021202Oct 14, 2022
-19.7%Sep 21, 201865Dec 24, 201870Apr 5, 2019135
-9.74%Jan 29, 20189Feb 8, 2018115Jul 25, 2018124
-8.34%Sep 3, 202015Sep 24, 202030Nov 5, 202045
-6.87%Sep 2, 202122Oct 4, 202115Oct 25, 202137
-5.56%May 6, 201920Jun 3, 20195Jun 10, 201925
-5.33%Jul 29, 20196Aug 5, 201922Sep 5, 201928
-5.02%Feb 16, 202113Mar 4, 202116Mar 26, 202129
-4.81%Apr 30, 20219May 12, 202120Jun 10, 202129

Volatility Chart

Current Baron Durable Advantage Fund volatility is 28.33%. 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.

BDAIX (Baron Durable Advantage Fund)
Benchmark (^GSPC)