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BREFX Baron Real Estate Retail

  • Fund
  • BREFX
  • Price as of: Aug 08, 2016
  • $24.46
  • - $0.00
  • - 0.00%
  • Category
  • Real Estate

BREFX - Profile

Vitals

  • YTD Return 0.9%
  • 3 Yr Annualized Return 7.9%
  • 5 Yr Annualized Return 13.4%
  • Net Assets $1.25 B
  • Holdings in Top 10 46.7%

52 WEEK LOW AND HIGH

$24.46
$19.18
$25.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.31%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 50.50%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$2,000

Investment Themes

CATEGORY

Real Estate
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return 7.9%
  • 5 Yr Annualized Total Return 13.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.23%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Baron Real Estate Fund
  • Fund Family Name Baron Capital Group
  • Inception Date Dec 31, 2009
  • Shares Outstanding N/A
  • Share Class Adv
  • Currency USD
  • Domiciled Country United States
  • Manager Jeffrey A. Kolitch

Fund Description

The fund normally invests 80% of its net assets for the long term in equity securities in the form of common stock of U.S. and non-U.S. real estate and real estate-related companies of any size, and in companies which, in the opinion of the Adviser, own significant real estate assets at the time of investment ("real estate companies"). It will invest more than 25% of its net assets in the real estate industry. It is non-diversified.

BREFX - Performance

Return Ranking - Trailing

Period BREFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.9% -8.5% 15.8% 90.65% 5
1 Yr -6.2% -14.6% 34.3% 97.23% 5
3 Yr 7.9% * 5.6% 17.0% 96.28% 5
5 Yr 13.4% * 6.1% 14.1% 5.10% 1
10 Yr N/A * 2.7% 10.5% N/A N/A

* Annualized


Return Ranking - Calendar

Period BREFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.5% -23.9% 92.3% 64.91% 4
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

Total Return Ranking - Trailing

Period BREFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.9% -8.5% 15.8% 90.25% 5
1 Yr -6.2% -19.4% 29.3% 97.23% 5
3 Yr 7.9% * 5.6% 17.0% 95.35% 5
5 Yr 13.4% * 6.1% 14.1% 4.08% 1
10 Yr N/A * 2.7% 10.5% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period BREFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.5% -23.9% 92.3% 64.91% 4
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

NAV & Total Return History

BREFX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

BREFX Category Low Category High BREFX % Rank Quintile
Net Assets 1.25 B 3.39 M 67.3 B 10.67% 2
Number of Holdings 34 5 530 19.37% 5
Net Assets in Top 10 592 M 711 K 22.5 B 11.46% 2
Weighting of Top 10 46.7% 3.7% 179.8% 16.60% 3

Top 10 Holdings

  1. CBRE Group Inc 5.04%
  2. Hilton Worldwide Holdings Inc 3.61%
  3. Equinix Inc 4.01%
  4. MGM Resorts International 6.03%
  5. Mohawk Industries Inc 5.59%
  6. InterXion Holding NV 5.40%
  7. Gaming and Leisure Properties Inc 5.13%
  8. American Tower Corp 4.07%
  9. Macquarie Infrastructure Corp 3.97%
  10. MGM Growth Properties LLC A 3.86%

Asset Allocation

Weighting Category Low Category High BREFX % Rank Quintile
Stocks
95.99% 1.09% 108.08% 21.34% 4
Cash
2.26% -121.66% 74.22% 12.25% 2
Other
1.75% -8.28% 108.20% 5.53% 1
Convertible Bonds
0.00% 0.00% 4.96% 3.16% 5
Preferred Stocks
0.00% 0.00% 41.93% 5.93% 5
Bonds
0.00% 0.00% 118.13% 4.35% 5

Stock Sector Breakdown

Weighting Category Low Category High BREFX % Rank Quintile
Real Estate
44.54% 0.00% 100.26% 30.43% 5
Consumer Cyclical
27.55% 0.00% 31.19% 0.79% 1
Basic Materials
5.82% -0.07% 10.11% 1.58% 1
Technology
5.40% 0.00% 5.40% 0.40% 1
Communication Services
5.24% 0.00% 9.58% 3.16% 1
Industrials
4.77% -0.72% 11.94% 1.19% 1
Healthcare
2.67% 0.00% 3.63% 0.79% 1
Financial Services
0.00% 0.00% 13.39% 4.74% 5
Consumer Defense
0.00% 0.00% 0.89% 1.98% 5
Energy
0.00% 0.00% 38.67% 2.37% 5
Utilities
0.00% 0.00% 16.80% 1.98% 5

Stock Geographic Breakdown

Weighting Category Low Category High BREFX % Rank Quintile
US
83.99% 1.00% 107.43% 25.30% 5
Non US
12.00% 0.00% 43.95% 2.37% 1

BREFX - Expenses

Operational Fees

BREFX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.31% 0.10% 11.43% 34.78% 3
Management Fee 1.00% 0.07% 1.31% 2.37% 5
12b-1 Fee 0.25% 0.00% 1.00% 5.26% 3
Administrative Fee N/A 0.01% 0.40% N/A N/A

Sales Fees

BREFX Fees (% of AUM) Category Low Category High BREFX Rank Quintile
Front Load N/A 3.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

BREFX Fees (% of AUM) Category Low Category High BREFX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BREFX Fees (% of AUM) Category Low Category High BREFX Rank Quintile
Turnover 50.50% 2.28% 880.00% 15.42% 3

BREFX - Distributions

Dividend Yield Analysis

BREFX Category Low Category High BREFX % Rank Quintile
Dividend Yield N/A 0.00% 3.78% N/A N/A

Dividend Distribution Analysis

BREFX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

BREFX Category Low Category High BREFX % Rank Quintile
Net Income Ratio -0.23% -1.42% 10.00% 65.22% 5

Capital Gain Distribution Analysis

BREFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

BREFX - Managers

Jeffrey A. Kolitch

Manager

Start Date

Dec 31, 2009

Tenure

6.59

Tenure Rank

11.1%

Jeffrey Kolitch, a vice president with research experience, joined the BAMCO in 2005 as a research analyst specializing in real estate. Previously, Mr. Kolitch was with Goldman Sachs & Co. from 1995 to 2005, where in 2002 he was named a managing director of its Equity Capital Markets group. Mr. Kolitch graduated from the Wharton School, University of Pennsylvania with a B.S. in Economics in 1990, and from the Kellogg Graduate School of Management, Northwestern University with a Masters of Management in 1995.


Tenure Analysis

Category Low

0.1

Category High

22.6

Category Average

7.02

Category Mode

1.6