Baron Global Advantage Fund (BGAIX)
The investment seeks capital appreciation. The fund is a diversified fund that, under normal circumstances, invests primarily in equity securities in the form of common stock of established and emerging markets companies located throughout the world, with capitalizations within the range of companies included in the MSCI ACWI Index Net USD. At all times, it will have investments in equity securities of companies in at least three countries outside of the U.S. Under normal conditions, at least 40% of the fund's net assets will be invested in stocks of companies outside the U.S. (at least 30% if foreign market conditions are not favorable).
Fund Info
| ISIN | US06828M8358 |
|---|---|
| CUSIP | 06828M835 |
| Issuer | Baron Capital Group, Inc. |
| Inception Date | Apr 29, 2012 |
| Category | Global Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
BGAIX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BGAIX vs. BIOPX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Baron Global 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 Global Advantage Fund had a return of 22.26% year-to-date (YTD) and 33.82% in the last 12 months. Over the past 10 years, Baron Global Advantage Fund had an annualized return of 10.48%, while the S&P 500 had an annualized return of 11.31%, indicating that Baron Global Advantage Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 22.26% | 24.72% |
| 1 month | 5.71% | 2.30% |
| 6 months | 20.43% | 12.31% |
| 1 year | 33.82% | 32.12% |
| 5 years (annualized) | 6.85% | 13.81% |
| 10 years (annualized) | 10.48% | 11.31% |
Monthly Returns
The table below presents the monthly returns of BGAIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.48% | 3.45% | 0.62% | -5.18% | 1.97% | 6.91% | -1.60% | 5.58% | 1.60% | 1.24% | 22.26% | ||
| 2023 | 11.16% | -3.77% | 2.27% | -4.52% | 8.13% | 3.07% | 6.54% | -5.34% | -6.86% | -7.22% | 17.21% | 5.56% | 25.56% |
| 2022 | -18.98% | -4.82% | 0.15% | -19.67% | -7.70% | -8.74% | 12.99% | 0.03% | -11.59% | 2.07% | -1.57% | -9.33% | -52.44% |
| 2021 | 2.76% | 4.90% | -8.93% | 7.13% | -3.78% | 8.57% | -2.53% | 3.77% | -5.99% | 6.45% | -5.08% | -4.41% | 0.90% |
| 2020 | 6.11% | -0.32% | -12.66% | 14.20% | 17.32% | 9.27% | 7.29% | 5.68% | -0.25% | -0.65% | 11.68% | 5.75% | 79.46% |
| 2019 | 12.29% | 6.98% | 5.03% | 2.81% | -2.46% | 6.55% | 2.33% | -2.46% | -3.71% | 2.74% | 8.07% | 1.11% | 45.45% |
| 2018 | 9.96% | -1.84% | -0.98% | -0.50% | 4.57% | 1.47% | -0.85% | 3.10% | -2.46% | -10.35% | 2.05% | -6.40% | -3.66% |
| 2017 | 8.36% | 2.53% | 5.32% | 2.96% | 4.97% | -0.17% | 5.43% | 1.95% | 0.48% | 3.28% | 2.71% | 3.59% | 49.82% |
| 2016 | -9.64% | -0.63% | 5.89% | -0.60% | 2.95% | -1.25% | 5.58% | 1.20% | 3.97% | -3.35% | -2.98% | -1.00% | -0.93% |
| 2015 | -1.47% | 3.98% | 0.07% | 3.14% | 1.13% | -0.98% | -1.06% | -10.49% | -7.84% | 13.17% | 1.65% | -1.06% | -1.64% |
| 2014 | -2.95% | 5.70% | -1.37% | -5.98% | 4.96% | 6.43% | -2.91% | 4.36% | -3.22% | 1.84% | 2.08% | -2.79% | 5.31% |
| 2013 | 3.07% | -1.68% | 0.76% | 1.60% | 1.48% | -2.64% | 7.12% | -1.92% | 7.13% | 4.33% | 2.95% | 5.04% | 30.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BGAIX is 27, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Baron Global Advantage Fund (BGAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Baron Global Advantage Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Baron Global 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.00 | $0.00 |
| 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 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.04 | $0.00 | $0.00 | $0.00 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Baron Global 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 Global Advantage Fund was 61.84%, occurring on Jan 5, 2023. The portfolio has not yet recovered.
The current Baron Global Advantage Fund drawdown is 39.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.84% | Nov 17, 2021 | 285 | Jan 5, 2023 | — | — | — |
| -29.54% | Feb 21, 2020 | 17 | Mar 16, 2020 | 43 | May 15, 2020 | 60 |
| -26.92% | Jul 20, 2015 | 142 | Feb 9, 2016 | 266 | Mar 1, 2017 | 408 |
| -24.12% | Jul 26, 2018 | 105 | Dec 24, 2018 | 53 | Mar 13, 2019 | 158 |
| -23.21% | Feb 16, 2021 | 62 | May 13, 2021 | 128 | Nov 12, 2021 | 190 |
Volatility
Volatility Chart
The current Baron Global Advantage Fund volatility is 4.39%, 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.