Baron WealthBuilder Fund (BWBIX)
The investment seeks capital appreciation. The fund invests, at any given time, in the securities of a select number of Baron mutual funds (the "underlying funds"), representing specific investment strategies. It normally invests in a variety of domestic and international equity funds. The fund seeks to invest in businesses that the Adviser believes have significant opportunities for growth, sustainable competitive advantages, exceptional management, and an attractive valuation.
Fund Info
US06828M6949
06828M694
Dec 28, 2017
$1,000,000
Mid-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Baron WealthBuilder 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 WealthBuilder Fund had a return of 19.85% year-to-date (YTD) and 28.45% in the last 12 months.
BWBIX
19.85%
6.57%
17.74%
28.45%
12.56%
N/A
^GSPC (Benchmark)
25.15%
2.74%
12.53%
30.93%
13.79%
11.18%
Monthly Returns
The table below presents the monthly returns of BWBIX, 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 | -2.02% | 5.43% | 1.52% | -6.78% | 2.01% | 2.41% | 3.84% | 2.22% | 3.80% | -1.89% | 19.85% | ||
| 2023 | 11.12% | -0.89% | 0.26% | -1.59% | 1.04% | 8.01% | 3.44% | -3.10% | -5.06% | -6.49% | 11.41% | 6.98% | 25.77% |
| 2022 | -12.87% | -3.69% | 3.23% | -12.04% | -4.10% | -7.80% | 12.07% | -3.71% | -10.68% | 5.98% | 3.56% | -7.85% | -34.33% |
| 2021 | 0.71% | 3.33% | -2.68% | 6.17% | -2.50% | 4.36% | 0.88% | 3.27% | -3.47% | 7.78% | -4.54% | -2.38% | 10.48% |
| 2020 | 3.99% | -4.93% | -17.55% | 15.58% | 10.72% | 5.85% | 9.81% | 11.62% | -3.31% | -2.86% | 16.72% | 8.12% | 60.42% |
| 2019 | 10.05% | 6.03% | 1.83% | 4.14% | -5.36% | 7.40% | 1.36% | -2.01% | -5.10% | 2.98% | 5.35% | 2.16% | 31.39% |
| 2018 | 6.40% | -3.67% | -0.10% | 0.20% | 3.41% | 1.23% | 1.77% | 4.57% | -2.10% | -9.47% | 2.57% | -10.01% | -6.50% |
Expense Ratio
BWBIX has an expense ratio of 0.05%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BWBIX is 48, 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 WealthBuilder Fund (BWBIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Baron WealthBuilder Fund provided a 0.05% dividend yield over the last twelve months, with an annual payout of $0.01 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.01 | $0.01 | $0.08 | $0.01 | $0.00 | $0.01 |
Dividend yield | 0.05% | 0.06% | 0.58% | 0.02% | 0.00% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Baron WealthBuilder 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 | $0.01 | $0.00 | $0.00 | $0.01 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 |
| 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 | $0.01 | $0.00 | $0.00 | $0.00 | $0.01 |
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 WealthBuilder 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 WealthBuilder Fund was 42.79%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Baron WealthBuilder Fund drawdown is 9.49%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.79% | Nov 8, 2021 | 236 | Oct 14, 2022 | — | — | — |
| -38.48% | Feb 20, 2020 | 23 | Mar 23, 2020 | 72 | Jul 6, 2020 | 95 |
| -23.36% | Sep 4, 2018 | 78 | Dec 24, 2018 | 75 | Apr 12, 2019 | 153 |
| -12.81% | Feb 16, 2021 | 15 | Mar 8, 2021 | 105 | Aug 5, 2021 | 120 |
| -11.38% | Jul 29, 2019 | 47 | Oct 2, 2019 | 55 | Dec 19, 2019 | 102 |
Volatility
Volatility Chart
The current Baron WealthBuilder Fund volatility is 5.21%, 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.