# Baron ETF Trust - Baron First Principles ETF (RONB): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ronb 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 RONB aims to capitalize on long-term growth opportunities by investing in US companies of any size. The selection process emphasizes fundamental research, challenging conventional assumptions to identify strong and sustainable competitive advantages, exceptional leadership, and valuations believed to be attractive relative to long-term intrinsic value. Additionally, the fund may borrow up to one-third of its total assets to increase exposure to opportunities when market conditions are favorable. Investments include depositary receipts. ## Key Facts | Metric | Value | |---|---| | Price | $24.02 | | Expense Ratio | 1.00% | | Assets Under Management | $335.9M | | NAV | $24.74 (2026-10-29 close) | | Holdings Count | 23 | | Distribution Yield (TTM) | 0.00% | | Annual Distribution (TTM) | $0.00 /share | | Distribution Frequency | Irregular | | 52-Week Range | $20.78 – $26.73 | | Beta | 0.74 | ## Latest Distribution - Amount: $0.0002 /share - Ex-date: 2026-09-22 - Pay date: 2026-09-23 ## Frequently Asked Questions ### What does RONB invest in? RONB aims to capitalize on long-term growth opportunities by investing in US companies of any size. The selection process emphasizes fundamental research, challenging conventional assumptions to identify strong and sustainable competitive advantages, exceptional leadership, and valuations believed to be attractive relative to long-term intrinsic value. Additionally, the fund may borrow up to one-third of its total assets to increase exposure to opportunities when market conditions are favorable. Investments include depositary receipts. ### What is the expense ratio of RONB? Baron ETF Trust - Baron First Principles ETF (RONB) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RONB? Baron ETF Trust - Baron First Principles ETF (RONB) manages $335.9M 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 RONB actively managed or an index fund? RONB is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RONB's is 1.00%) in exchange for the discretion to over- or under-weight positions. ### When was RONB launched? Baron ETF Trust - Baron First Principles ETF (RONB) launched in December 2025 and is managed by Baron. ### How has RONB performed? RONB'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 RONB pay a dividend? Baron ETF Trust - Baron First Principles ETF (RONB) currently distributes little or no income. Trailing-twelve-month yield is 0.00%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RONB pay dividends? Baron ETF Trust - Baron First Principles ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RONB's dividend yield? RONB's trailing-twelve-month yield is 0.00%, calculated from the sum of dividends over the past year divided by the current price. ### When is RONB's next ex-dividend date? The most recently announced ex-dividend date for RONB was 2026-09-22. 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 RONB's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.00% 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 RONB charge its expense ratio? The expense ratio is deducted in tiny daily slices from RONB'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 RONB cost more than a fund like VOO? RONB is actively managed (current expense ratio 1.00%). 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 RONB's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RONB? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as RONB (1.00%) 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/ronb - Distribution history: https://www.dividenddata.com/funds/ronb/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ronb/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ronb/expenses - Peer comparison: https://www.dividenddata.com/funds/ronb/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.