BGAFX: Baron Global Advantage Fund - MutualFunds.com

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Baron Global Advantage Retail

BGAFX - Snapshot

Vitals

  • YTD Return 62.4%
  • 3 Yr Annualized Return 32.7%
  • 5 Yr Annualized Return 29.1%
  • Net Assets $1.77 B
  • Holdings in Top 10 35.5%

52 WEEK LOW AND HIGH

$46.51
$23.35
$47.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.25%

SALES FEES

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

BROKERAGE FEES

  • Turnover 19.44%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA N/A

Fund Classification


Compare BGAFX to Popular International (incl U.S.) Large-Cap Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$55.61

+0.07%

$111.59 B

3.12%

$1.74

17.67%

0.75%

$53.26

+0.28%

$97.81 B

2.41%

$1.28

1.87%

0.77%

$217.44

-1.03%

$20.97 B

-

-

8.15%

0.50%

$168.42

-1.02%

$20.25 B

2.25%

$3.83

1.89%

0.08%

$83.36

+0.05%

$20.25 B

2.25%

$1.88

1.95%

0.08%

BGAFX - Profile

Distributions

  • YTD Total Return 62.4%
  • 3 Yr Annualized Total Return 32.7%
  • 5 Yr Annualized Total Return 29.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.08%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Baron Global Advantage Fund
  • Fund Family Name
    Baron Capital Group
  • Inception Date
    Apr 30, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alex Umansky

Fund Description

The fund is a diversified fund that, under normal circumstances, invests primarily in equity securities in the form of common stock of established and emerging markets companies located throughout the world, with capitalizations within the range of companies included in the MSCI ACWI Index Net USD. At all times, it will have investments in equity securities of companies in at least three countries outside of the U.S. Under normal conditions, at least 40% of the fund's net assets will be invested in stocks of companies outside the U.S. (at least 30% if foreign market conditions are not favorable).


BGAFX - Performance

Return Ranking - Trailing

Period BGAFX Return Category Return Low Category Return High Rank in Category (%)
YTD 62.4% -30.6% 855.5% 2.10%
1 Yr 71.3% -24.8% 103.4% 1.41%
3 Yr 32.7%* -10.3% 33.4% 0.76%
5 Yr 29.1%* -1.9% 30.6% 0.85%
10 Yr N/A* -7.3% 18.9% N/A

* Annualized

Return Ranking - Calendar

Period BGAFX Return Category Return Low Category Return High Rank in Category (%)
2019 45.1% -38.3% 47.1% 0.63%
2018 -3.9% -54.2% 0.6% 2.56%
2017 49.6% -76.0% 54.1% 0.59%
2016 -1.2% -14.4% 47.8% 79.97%
2015 -2.0% -36.4% 17.2% 31.46%

Total Return Ranking - Trailing

Period BGAFX Return Category Return Low Category Return High Rank in Category (%)
YTD 62.4% -30.6% 855.5% 2.22%
1 Yr 71.3% -28.5% 103.4% 1.17%
3 Yr 32.7%* -10.3% 33.4% 0.77%
5 Yr 29.1%* -1.9% 30.6% 0.85%
10 Yr N/A* -7.3% 18.9% N/A

* Annualized

Total Return Ranking - Calendar

Period BGAFX Return Category Return Low Category Return High Rank in Category (%)
2019 45.1% -33.1% 47.1% 0.63%
2018 -3.9% -44.4% 1.8% 6.46%
2017 49.6% -6.5% 54.1% 0.59%
2016 -1.2% -14.4% 47.8% 90.79%
2015 -1.7% -36.4% 18.6% 46.75%

NAV & Total Return History


BGAFX - Holdings

Concentration Analysis

BGAFX Category Low Category High BGAFX % Rank
Net Assets 1.77 B 100 112 B 16.87%
Number of Holdings 55 1 8789 60.27%
Net Assets in Top 10 630 M -7.03 M 32.5 B 19.52%
Weighting of Top 10 35.53% 4.0% 100.0% 36.79%

Top 10 Holdings

  1. Alibaba Group Holding Ltd ADR 7.16%
  2. Amazon.com Inc 5.03%
  3. Facebook Inc A 4.03%
  4. Acceleron Pharma Inc 3.23%
  5. GDS Holdings Ltd ADR 3.06%
  6. Alphabet Inc Class C 3.00%
  7. TAL Education Group ADR 2.83%
  8. Splunk Inc 2.66%
  9. Fiverr International Ltd 2.56%
  10. Fiverr International Ltd 2.56%

Asset Allocation

Weighting Return Low Return High BGAFX % Rank
Stocks
89.27% 0.00% 118.93% 96.25%
Cash
9.80% -483.97% 56.79% 2.95%
Preferred Stocks
0.93% 0.00% 4.10% 1.82%
Other
0.00% -0.36% 10.92% 25.20%
Convertible Bonds
0.00% 0.00% 3.91% 12.71%
Bonds
0.00% -0.05% 501.39% 20.32%

Stock Sector Breakdown

Weighting Return Low Return High BGAFX % Rank
Technology
41.26% 0.00% 50.63% 0.34%
Healthcare
20.60% 0.00% 37.90% 13.96%
Consumer Cyclical
19.24% 0.00% 43.71% 7.83%
Communication Services
13.00% 0.00% 32.95% 20.77%
Consumer Defense
5.91% 0.00% 76.29% 71.62%
Utilities
0.00% 0.00% 27.81% 69.81%
Real Estate
0.00% 0.00% 38.93% 71.17%
Industrials
0.00% 0.00% 44.88% 98.98%
Financial Services
0.00% 0.00% 32.83% 98.64%
Energy
0.00% 0.00% 16.10% 70.72%
Basic Materials
0.00% 0.00% 39.74% 87.97%

Stock Geographic Breakdown

Weighting Return Low Return High BGAFX % Rank
US
51.80% 0.00% 100.77% 64.25%
Non US
37.47% 0.00% 99.35% 74.01%

BGAFX - Expenses

Operational Fees

BGAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.25% 0.01% 44.27% 47.31%
Management Fee 0.85% 0.00% 1.82% 81.32%
12b-1 Fee 0.25% 0.00% 1.00% 20.71%
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

BGAFX 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% 5.00% N/A

Trading Fees

BGAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

BGAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.44% 0.94% 395.00% 21.47%

BGAFX - Distributions

Dividend Yield Analysis

BGAFX Category Low Category High BGAFX % Rank
Dividend Yield 0.00% 0.00% 7.54% 16.98%

Dividend Distribution Analysis

BGAFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

BGAFX Category Low Category High BGAFX % Rank
Net Income Ratio -0.08% -1.52% 12.65% 87.22%

Capital Gain Distribution Analysis

BGAFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

BGAFX - Fund Manager Analysis

Managers

Alex Umansky


Start Date

Tenure

Tenure Rank

Apr 30, 2012

8.42

8.4%

Alex Umansky joined Baron in 2011 as a portfolio manager. He has 26 years of research experience, 18 of which were at Morgan Stanley. From 2007 to 2011, he was a co-manager of the Morgan Stanley Opportunity Fund, while also co-managing the Global Opportunity Fund from 2008 to 2011, the International Opportunity Fund and the International Advantage Fund from 2010 to 2011. From 1998 to 2004, Alex was lead manager of the Morgan Stanley Institutional Technology Strategy and the Technology Fund. He was also the co-manager of the Information Fund from 2004 to 2005 and the Small Company Growth Fund from 1999 to 2002. Alex graduated from New York University Stern School of Business with a B.S. in Finance, Information Systems, and Mathematics in 1993. In addition to Baron Global Advantage Strategy, Alex is also the portfolio manager of Baron Large Cap Growth Strategy and Baron Durable Advantage Strategy.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.32 6.01 0.75