# Buffalo Early Stage Growth Fund (BUFOX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bufox for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2004-05-25 The Buffalo Early Stage Growth Fund primarily allocates at least 80% of its total capital, including any funds acquired through borrowing for investment, to a diverse range of equity instruments. These investments comprise common stock, preferred shares, convertible bonds, warrants, and rights, all sourced from companies that the advisor designates as "early stage growth" at the point of acquisition. While mainly concentrated on domestic holdings, the fund also maintains the flexibility to channel up to 20% of its net assets into international opportunities, specifically through sponsored o... ## Key Facts | Metric | Value | |---|---| | Price | $17.75 | | Expense Ratio | 1.39% | | Assets Under Management | $68.1M | | NAV | $17.75 | | Holdings Count | — | | Distribution Yield (TTM) | 4.67% | | Annual Distribution (TTM) | $0.83 /share | | Distribution Frequency | Irregular | | 52-Week Range | $14.97 – $19.64 | | Beta | 1.19 | ## Latest Distribution - Amount: $0.8291 /share - Ex-date: 2025-12-05 - Pay date: 2025-12-05 ## Frequently Asked Questions ### What does BUFOX invest in? The Buffalo Early Stage Growth Fund primarily allocates at least 80% of its total capital, including any funds acquired through borrowing for investment, to a diverse range of equity instruments. These investments comprise common stock, preferred shares, convertible bonds, warrants, and rights, all sourced from companies that the advisor designates as "early stage growth" at the point of acquisition. While mainly concentrated on domestic holdings, the fund also maintains the flexibility to channel up to 20% of its net assets into international opportunities, specifically through sponsored or unsponsored American Depositary Receipts (ADRs) and equity securities of foreign corporations that are publicly traded on U.S. stock exchanges. ### What is the expense ratio of BUFOX? Buffalo Early Stage Growth Fund (BUFOX) charges an expense ratio of 1.39%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BUFOX? Buffalo Early Stage Growth Fund (BUFOX) manages $68.1M 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 BUFOX actively managed or an index fund? BUFOX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BUFOX's is 1.39%) in exchange for the discretion to over- or under-weight positions. ### When was BUFOX launched? Buffalo Early Stage Growth Fund (BUFOX) launched in May 2004 and is managed by the fund issuer. ### How has BUFOX performed? BUFOX'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 BUFOX pay a dividend? Buffalo Early Stage Growth Fund (BUFOX) currently distributes little or no income. Trailing-twelve-month yield is 4.67%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BUFOX pay dividends? Buffalo Early Stage Growth Fund pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BUFOX's dividend yield? BUFOX's trailing-twelve-month yield is 4.67%, calculated from the sum of dividends over the past year divided by the current price. ### When is BUFOX's next ex-dividend date? The most recently announced ex-dividend date for BUFOX was 2025-12-05. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will BUFOX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.39% 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 BUFOX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BUFOX'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 BUFOX cost more than a fund like VOO? BUFOX is actively managed (current expense ratio 1.39%). 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 BUFOX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BUFOX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BUFOX (1.39%) 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/bufox - Distribution history: https://www.dividenddata.com/funds/bufox/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bufox/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bufox/expenses - Peer comparison: https://www.dividenddata.com/funds/bufox/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.