# Baron International Growth Fund Institutional Shares (BINIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/binix 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: 2009-05-29 This fund's primary objective is to achieve growth in capital. Operating as a diversified, long-term investment vehicle, it chiefly invests in the common stocks of growth-oriented companies located outside the United States. The strategy involves spreading investments across numerous developed and developing nations globally, though it limits its allocation to developing countries to a maximum of 35% of its net assets. For classification purposes, developing countries include those within the MSCI Emerging Markets (EM) Index, the MSCI Frontier Markets (FM) Index, or any other nation deemed... ## Key Facts | Metric | Value | |---|---| | Price | $34.85 | | Expense Ratio | 0.96% | | AUM (All Share Classes) | $328.9M | | NAV | $34.85 (2026-10-29 close) | | Holdings Count | — | | Distribution Yield (TTM) | 0.34% | | Annual Distribution (TTM) | $0.12 /share | | Distribution Frequency | Annual | | 52-Week Range | $30.72 – $36.89 | | Beta | 0.90 | ## Latest Distribution - Amount: $0.1200 /share - Ex-date: 2026-09-22 - Pay date: 2026-09-23 ## Frequently Asked Questions ### What does BINIX invest in? This fund's primary objective is to achieve growth in capital. Operating as a diversified, long-term investment vehicle, it chiefly invests in the common stocks of growth-oriented companies located outside the United States. The strategy involves spreading investments across numerous developed and developing nations globally, though it limits its allocation to developing countries to a maximum of 35% of its net assets. For classification purposes, developing countries include those within the MSCI Emerging Markets (EM) Index, the MSCI Frontier Markets (FM) Index, or any other nation deemed developing by the Adviser's own criteria. ### What is the expense ratio of BINIX? Baron International Growth Fund Institutional Shares (BINIX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BINIX? Baron International Growth Fund Institutional Shares (BINIX) is one share class of a fund that manages $328.9M across all of its share classes (BIGFX reports 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 BINIX actively managed or an index fund? BINIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BINIX's is 0.96%) in exchange for the discretion to over- or under-weight positions. ### When was BINIX launched? Baron International Growth Fund Institutional Shares (BINIX) launched in May 2009 and is managed by Baron. ### How has BINIX performed? BINIX'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 BINIX pay a dividend? Baron International Growth Fund Institutional Shares (BINIX) currently distributes little or no income. Trailing-twelve-month yield is 0.34%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BINIX pay dividends? Baron International Growth Fund Institutional Shares pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BINIX's dividend yield? BINIX's trailing-twelve-month yield is 0.34%, calculated from the sum of dividends over the past year divided by the current price. ### When is BINIX's next ex-dividend date? The most recently announced ex-dividend date for BINIX was 2026-09-22. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BINIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.96% 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 BINIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BINIX'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 BINIX cost more than a fund like VOO? BINIX is actively managed (current expense ratio 0.96%). 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 BINIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BINIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BINIX (0.96%) 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/binix - Distribution history: https://www.dividenddata.com/funds/binix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/binix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/binix/expenses - Peer comparison: https://www.dividenddata.com/funds/binix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.