TAXATION
Mutual Fund Distributions: How Capital Gain Distributions Are Taxed
For mutual fund investors, taxes are inevitable. Even if you’re a long-term buy...
Baron Asset Retail
- BARAX
- Price as of: Oct 23, 2020
-
$103.38
N/A N/A
- Primary Theme
- U.S. Mid-Cap Growth Equity
- Fund Company
- Baron Capital Group
- Share Class
BARAX - Snapshot
Vitals
- YTD Return 20.5%
- 3 Yr Annualized Return 17.8%
- 5 Yr Annualized Return 17.3%
- Net Assets $5.15 B
- Holdings in Top 10 37.2%
52 WEEK LOW AND HIGH
$103.38
$61.43
$105.62
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.30%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 11.83%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Growth
BARAX - Profile
Distributions
- YTD Total Return 20.5%
- 3 Yr Annualized Total Return 17.8%
- 5 Yr Annualized Total Return 17.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.73%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBaron Asset Fund
-
Fund Family NameBaron Capital Group
-
Inception DateJun 12, 1987
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Peck
BARAX - Performance
Return Ranking - Trailing
| Period | BARAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.5% | -73.6% | 2127.7% | 50.99% |
| 1 Yr | 23.2% | -17.5% | 118.0% | 53.10% |
| 3 Yr | 17.8%* | -3.3% | 49.5% | 32.59% |
| 5 Yr | 17.3%* | 1.2% | 39.3% | 23.79% |
| 10 Yr | 15.2%* | 5.0% | 21.7% | 17.72% |
* Annualized
Return Ranking - Calendar
| Period | BARAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 35.2% | -50.2% | 44.9% | 11.69% |
| 2018 | -6.4% | -70.5% | 9.2% | 13.81% |
| 2017 | 17.7% | -21.1% | 84.9% | 46.69% |
| 2016 | 1.3% | -61.7% | 39.8% | 51.54% |
| 2015 | -10.4% | -54.0% | 12.2% | 73.06% |
Total Return Ranking - Trailing
| Period | BARAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.5% | -73.1% | 2085.0% | 49.18% |
| 1 Yr | 23.2% | -21.8% | 118.0% | 47.63% |
| 3 Yr | 17.8%* | -3.8% | 49.5% | 31.05% |
| 5 Yr | 17.3%* | 1.2% | 39.3% | 22.36% |
| 10 Yr | 15.2%* | 5.0% | 21.7% | 16.73% |
* Annualized
Total Return Ranking - Calendar
| Period | BARAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 35.2% | -50.2% | 44.9% | 11.69% |
| 2018 | -0.1% | -51.7% | 12.2% | 7.96% |
| 2017 | 26.2% | -7.0% | 84.9% | 29.68% |
| 2016 | 6.2% | -61.7% | 39.8% | 35.32% |
| 2015 | -0.3% | -54.0% | 12.2% | 39.44% |
NAV & Total Return History
BARAX - Holdings
Concentration Analysis
| BARAX | Category Low | Category High | BARAX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.15 B | 907 K | 34.2 B | 18.74% |
| Number of Holdings | 63 | 13 | 2573 | 71.47% |
| Net Assets in Top 10 | 1.92 B | 167 K | 7.69 B | 12.16% |
| Weighting of Top 10 | 37.20% | 2.9% | 94.2% | 20.81% |
Top 10 Holdings
- IDEXX Laboratories Inc 6.65%
- Verisk Analytics Inc 4.10%
- Gartner Inc A 3.84%
- Mettler-Toledo International Inc 3.83%
- Ansys Inc 3.73%
- CoStar Group Inc 3.55%
- West Pharmaceutical Services Inc 3.19%
- Guidewire Software Inc 2.88%
- VeriSign Inc 2.86%
- SBA Communications Corp 2.81%
Asset Allocation
| Weighting | Return Low | Return High | BARAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.40% | 23.73% | 110.81% | 27.71% |
| Preferred Stocks | 0.45% | 0.00% | 1.64% | 3.24% |
| Cash | 0.15% | -55.75% | 39.68% | 84.76% |
| Other | 0.00% | -12.05% | 75.09% | 91.73% |
| Convertible Bonds | 0.00% | 0.00% | 1.20% | 91.25% |
| Bonds | 0.00% | 0.00% | 16.44% | 92.06% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BARAX % Rank | |
|---|---|---|---|---|
| Technology | 31.74% | 0.00% | 59.48% | 41.82% |
| Healthcare | 25.91% | 0.00% | 40.78% | 16.86% |
| Industrials | 11.48% | 0.00% | 43.94% | 70.02% |
| Financial Services | 10.58% | 0.00% | 40.21% | 17.99% |
| Real Estate | 9.66% | 0.00% | 14.97% | 4.70% |
| Consumer Cyclical | 6.48% | 0.00% | 65.22% | 93.35% |
| Communication Services | 4.15% | 0.00% | 23.90% | 62.24% |
| Utilities | 0.00% | 0.00% | 6.24% | 93.52% |
| Energy | 0.00% | 0.00% | 60.50% | 94.98% |
| Consumer Defense | 0.00% | 0.00% | 18.05% | 98.87% |
| Basic Materials | 0.00% | 0.00% | 16.12% | 97.57% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BARAX % Rank | |
|---|---|---|---|---|
| US | 93.34% | 23.51% | 103.55% | 57.54% |
| Non US | 6.06% | 0.00% | 58.71% | 31.44% |
BARAX - Expenses
Operational Fees
| BARAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.30% | 0.05% | 27.43% | 38.20% |
| Management Fee | 1.00% | 0.00% | 1.50% | 97.09% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 59.94% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| BARAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| BARAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.20% | 2.00% | N/A |
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.
| BARAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 11.83% | 1.00% | 457.00% | 6.80% |
BARAX - Distributions
Dividend Yield Analysis
| BARAX | Category Low | Category High | BARAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 34.53% | 92.25% |
Dividend Distribution Analysis
| BARAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| BARAX | Category Low | Category High | BARAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.73% | -2.56% | 1.52% | 77.80% |
Capital Gain Distribution Analysis
| BARAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Monthly | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 29, 1998 | $0.041 |
| Dec 29, 1993 | $0.318 |
| Dec 31, 1991 | $0.035 |
BARAX - Fund Manager Analysis
Managers
Andrew Peck
Start Date
Tenure
Tenure Rank
Jul 23, 2003
17.2
17.2%
Andrew is a Senior Vice President for Baron. He has joined the firm in 1998 as a research analyst and was named portfolio manager in 2003. From 1992 to 1994, Andrew worked at Salomon Brothers as an analyst in the Equity Capital Markets group. Andrew graduated magna cum laude from Yale College with a B.A. in History in 1991 and from Stanford Law School and Graduate School of Business with a J.D. and M.B.A. in 1998.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 34.63 | 8.19 | 3.59 |
