- What does BARAX invest in?
- The fund aims for long-term growth primarily through investments in common stock, focusing on mid-sized U.S. companies with growth potential. BAMCO, Inc., acting as the Adviser, outlines its criteria for "mid-sized companies" at the time of purchase: they must possess a market capitalization greater than $2.5 billion, or exceed the market capitalization of the smallest stock in the Russell Midcap Growth Index at reconstitution (whichever of these two thresholds is larger). Furthermore, their market capitalization must remain below that of the largest stock in the Russell Midcap Growth Index during the same reconstitution period.
- What is the expense ratio of BARAX?
- Baron Asset Fund Retail Class (BARAX) charges an expense ratio of 1.31%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BARAX?
- Baron Asset Fund Retail Class (BARAX) is one share class of a fund that manages $3.52B across all of its share classes (BARIX, BARUX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is BARAX actively managed or an index fund?
- BARAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BARAX's is 1.31%) in exchange for the discretion to over- or under-weight positions.
- When was BARAX launched?
- Baron Asset Fund Retail Class (BARAX) launched in June 1987 and is managed by Baron.
- How has BARAX performed?
- BARAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
