Baron Durable Advantage Fund (BDAUX)
| Fund Assets | 531.48M |
| Expense Ratio | 0.70% |
| Min. Investment | $5,000,000 |
| Turnover | 4.00% |
| Dividend (ttm) | 0.07 |
| Dividend Yield | 0.20% |
| Dividend Growth | 188.94% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 32.92 |
| YTD Return | 15.02% |
| 1-Year Return | 19.01% |
| 5-Year Return | 130.22% |
| 52-Week Low | 23.65 |
| 52-Week High | 32.99 |
| Beta (5Y) | 1.07 |
| Holdings | 31 |
| Inception Date | Dec 29, 2017 |
About BDAUX
Baron Durable Advantage Fund R6 is a mutual fund focused on long-term capital appreciation by investing primarily in large-cap U.S. companies with enduring competitive strengths. The fund employs a growth-oriented strategy, prioritizing businesses that demonstrate sustainable market advantages and robust fundamentals across diverse sectors, including technology, financial services, and communication services. Its portfolio is concentrated with a significant allocation to industry leaders such as Microsoft, Amazon, Meta Platforms, and Nvidia, reflecting a strong emphasis on innovation and resilience within its holdings. Managed with a disciplined, low-turnover approach, the fund maintains an above-average level of its assets in its top holdings, seeking to capitalize on durable business models. The expense ratio is competitively low, positioning the fund favorably among its peers. Since its inception in 2017, Baron Durable Advantage Fund R6 has earned high ratings from independent analysts for both risk-adjusted performance and management quality. Its role in the market is to offer institutional investors access to a rigorously researched portfolio capable of compounding value over the long term, particularly suited for retirement and large growth-oriented allocation strategies.
Performance
BDAUX had a total return of 19.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.53%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BDAIX | Institutional Shares | 0.70% |
Top 10 Holdings
54.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 8.25% |
| NVIDIA Corporation | NVDA | 7.07% |
| Amazon.com, Inc. | AMZN | 6.96% |
| Broadcom Inc. | AVGO | 5.56% |
| Microsoft Corporation | MSFT | 5.39% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.06% |
| Visa Inc. | V | 4.34% |
| Alphabet Inc. | GOOG | 4.03% |
| S&P Global Inc. | SPGI | 4.01% |
| Monolithic Power Systems, Inc. | MPWR | 3.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.0653 | Dec 18, 2024 |
| Dec 7, 2023 | $0.0226 | Dec 8, 2023 |
| Nov 23, 2021 | $0.0605 | Nov 24, 2021 |
| Jul 29, 2021 | $0.0079 | Jul 29, 2021 |
| Jul 30, 2020 | $0.0182 | Jul 31, 2020 |
| Nov 29, 2018 | $0.0346 | Nov 30, 2018 |