# Baron Partners Fund (BPTRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bptrx 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: Thematic · Inception: 1992-01-31 This fund aims for long-term capital appreciation by primarily acquiring common shares of growth-oriented U.S. companies, irrespective of their market value. The investment advisor focuses on businesses that are identified as having substantial growth potential, enduring competitive strengths, superior management, and an appealing valuation. To enhance investment capacity, the fund may employ leverage by borrowing from banks, with such borrowing not exceeding one-third of its gross assets, which incorporate holdings purchased with borrowed funds. This portfolio is categorized as non-diversi... ## Key Facts | Metric | Value | |---|---| | Price | $284.73 | | Expense Ratio | 1.91% | | Assets Under Management | $13.38B | | NAV | $284.73 | | Holdings Count | — | | Distribution Yield (TTM) | 2.13% | | Annual Distribution (TTM) | $6.06 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $201.56 – $297.78 | | Beta | 0.92 | ## Latest Distribution - Amount: $1.8881 /share - Ex-date: 2026-09-22 - Pay date: 2026-09-23 ## Frequently Asked Questions ### What does BPTRX invest in? This fund aims for long-term capital appreciation by primarily acquiring common shares of growth-oriented U.S. companies, irrespective of their market value. The investment advisor focuses on businesses that are identified as having substantial growth potential, enduring competitive strengths, superior management, and an appealing valuation. To enhance investment capacity, the fund may employ leverage by borrowing from banks, with such borrowing not exceeding one-third of its gross assets, which incorporate holdings purchased with borrowed funds. This portfolio is categorized as non-diversified. ### What is the expense ratio of BPTRX? Baron Partners Fund (BPTRX) charges an expense ratio of 1.91%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BPTRX? Baron Partners Fund (BPTRX) manages $13.38B 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 BPTRX actively managed or an index fund? BPTRX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was BPTRX launched? Baron Partners Fund (BPTRX) launched in January 1992 and is managed by Baron. ### How has BPTRX performed? BPTRX'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 BPTRX pay a dividend? Baron Partners Fund (BPTRX) currently distributes little or no income. Trailing-twelve-month yield is 2.13%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BPTRX pay dividends? Baron Partners Fund 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 BPTRX's dividend yield? BPTRX's trailing-twelve-month yield is 2.13%, calculated from the sum of dividends over the past year divided by the current price. ### When is BPTRX's next ex-dividend date? The most recently announced ex-dividend date for BPTRX was 2026-09-22. 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 BPTRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.91% 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 BPTRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BPTRX'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 BPTRX cost more than a fund like VOO? BPTRX's strategy (current expense ratio 1.91%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where BPTRX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to BPTRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BPTRX (1.91%) 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/bptrx - Distribution history: https://www.dividenddata.com/funds/bptrx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bptrx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bptrx/expenses - Peer comparison: https://www.dividenddata.com/funds/bptrx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.