# Baron Asset Fund Retail Class (BARAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/barax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Baron · Asset class: Equity - Strategy: Actively Managed · Inception: 1987-06-12 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... ## Key Facts | Metric | Value | |---|---| | Price | $93.74 | | Expense Ratio | 1.31% | | AUM (All Share Classes) | $3.52B | | NAV | $93.74 | | Holdings Count | — | | Distribution Yield (TTM) | 10.85% | | Annual Distribution (TTM) | $10.17 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $80.07 – $102.00 | | Beta | 0.76 | ## Latest Distribution - Amount: $0.0039 /share - Ex-date: 2026-07-28 - Pay date: 2026-07-29 ## Frequently Asked Questions ### 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. ### Does BARAX pay a dividend? Baron Asset Fund Retail Class (BARAX) currently distributes little or no income. Trailing-twelve-month yield is 10.85%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BARAX pay dividends? Baron Asset Fund Retail Class pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BARAX's dividend yield? BARAX's trailing-twelve-month yield is 10.85%, calculated from the sum of dividends over the past year divided by the current price. ### When is BARAX's next ex-dividend date? The most recently announced ex-dividend date for BARAX was 2026-07-28. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BARAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.31% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BARAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BARAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BARAX cost more than a fund like VOO? BARAX is actively managed (current expense ratio 1.31%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether BARAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BARAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BARAX (1.31%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/barax - Distribution history: https://www.dividenddata.com/funds/barax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/barax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/barax/expenses - Peer comparison: https://www.dividenddata.com/funds/barax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.