# Baron ETF Trust - Baron Global Durable Advantage ETF (BCGD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bcgd 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: 2025-12-12 BCGD invests in large-cap companies around the world that possess durable competitive advantages, generate high returns on invested capital, and produce excess free cash flow. Stock selection targets well-managed and developing-market businesses progressing through the later stages of their growth S-curves. The strategy seeks returns on invested capital to remain high, and excess cash is increasingly available for shareholder returns through dividends or share buybacks. The fund invests globally across developed, emerging, and frontier markets. The portfolio maintains exposure to at least t... ## Key Facts | Metric | Value | |---|---| | Price | $25.64 | | Expense Ratio | 0.75% | | Assets Under Management | $9.7M | | NAV | $26.05 (2026-10-29 close) | | Holdings Count | 42 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $22.64 – $27.16 | | Beta | 1.08 | ## Frequently Asked Questions ### What does BCGD invest in? BCGD invests in large-cap companies around the world that possess durable competitive advantages, generate high returns on invested capital, and produce excess free cash flow. Stock selection targets well-managed and developing-market businesses progressing through the later stages of their growth S-curves. The strategy seeks returns on invested capital to remain high, and excess cash is increasingly available for shareholder returns through dividends or share buybacks. The fund invests globally across developed, emerging, and frontier markets. The portfolio maintains exposure to at least three countries outside the United States. At least 40% of net assets are invested in non-US companies, reduced to at least 30% during less favorable conditions, while no minimum US allocation is required. ### What is the expense ratio of BCGD? Baron ETF Trust - Baron Global Durable Advantage ETF (BCGD) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BCGD? Baron ETF Trust - Baron Global Durable Advantage ETF (BCGD) manages $9.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is BCGD actively managed or an index fund? BCGD is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BCGD's is 0.75%) in exchange for the discretion to over- or under-weight positions. ### When was BCGD launched? Baron ETF Trust - Baron Global Durable Advantage ETF (BCGD) launched in December 2025 and is managed by Baron. ### How has BCGD performed? BCGD'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 BCGD pay a dividend? Baron ETF Trust - Baron Global Durable Advantage ETF (BCGD) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BCGD pay dividends? Baron ETF Trust - Baron Global Durable Advantage ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BCGD's dividend yield? BCGD's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is BCGD's next ex-dividend date? BCGD hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will BCGD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% 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 BCGD charge its expense ratio? The expense ratio is deducted in tiny daily slices from BCGD'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 BCGD cost more than a fund like VOO? BCGD is actively managed (current expense ratio 0.75%). 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 BCGD's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BCGD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BCGD (0.75%) 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/bcgd - Distribution history: https://www.dividenddata.com/funds/bcgd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bcgd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bcgd/expenses - Peer comparison: https://www.dividenddata.com/funds/bcgd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.