Baron Durable Advantage Fund Retail Shares

Frequently Asked Questions About BDAFX

What does BDAFX invest in?

This fund primarily allocates its capital to the common stock of substantial American corporations. The investment adviser seeks out businesses that are considered distinctive, skillfully managed, and hold significant competitive advantages. A key focus is on companies that consistently generate substantial surplus free cash flow, which is then reliably distributed back to shareholders through either share repurchases or dividend payments.

What is the expense ratio of BDAFX?

Baron Durable Advantage Fund Retail Shares (BDAFX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BDAFX?

Baron Durable Advantage Fund Retail Shares (BDAFX) manages $523.2M 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 BDAFX actively managed or an index fund?

BDAFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BDAFX's is 0.95%) in exchange for the discretion to over- or under-weight positions.

When was BDAFX launched?

Baron Durable Advantage Fund Retail Shares (BDAFX) launched in December 2017 and is managed by Baron.

How has BDAFX performed?

BDAFX'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.