Baron Real Estate Income Fund Institutional Shares (BRIIX)

Fund Assets	281.77M
Expense Ratio	0.81%
Min. Investment	$1,000,000
Turnover	122.00%
Dividend (ttm)	0.29
Dividend Yield	1.60%
Dividend Growth	-1.69%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 22, 2026

Previous Close	17.70
YTD Return	4.79%
1-Year Return	6.72%
5-Year Return	15.38%
52-Week Low	16.78
52-Week High	19.77
Beta (5Y)	0.84
Holdings	33
Inception Date	Dec 29, 2017

About BRIIX

Baron Real Estate Income Fund Institutional Shares is a non-diversified mutual fund that primarily invests in income-producing real estate businesses across all market capitalizations. Its core focus is on real estate investment trusts (REITs), but it also selectively allocates capital to other real estate securities, including common stocks, preferred shares, and debt instruments related to real estate. The fund seeks a balance of capital appreciation and current income, employing a flexible, expansive investment approach that differentiates it from standard REIT funds by incorporating both REITs and other income-oriented property companies. The portfolio is actively managed, concentrating on best-in-class real estate operators in sectors such as residential, healthcare, infrastructure, and data centers. Baron Real Estate Income Fund is designed to capitalize on evolving real estate trends, offering institutional investors targeted exposure to real estate’s income and growth potential while maintaining cost efficiency and a competitive fee structure.

• Fund Family: Baron Capital Group, Inc.
• Category: Real Estate
• Performance Rating: Above Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: BRIIX
• Share Class: Institutional Shares
• Index: MSCI US REIT NR

Performance

BRIIX had a total return of 6.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.47%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
BRIUX	R6 Shares	0.80%
BRIFX	Retail Shares	1.05%

Top 10 Holdings

54.93% of assets

Name	Symbol	Weight
Welltower Inc.	WELL	9.74%
Equinix, Inc.	EQIX	8.04%
Prologis, Inc.	PLD	7.73%
The Macerich Company	MAC	6.06%
BXP, Inc.	BXP	4.56%
Vivmark Residential	VMRK	4.15%
Blackstone Digital Infrastructure Trust Inc.	BXDC	4.03%
Alexandria Real Estate Equities, Inc.	ARE	3.87%
Public Storage	PSA	3.49%
Meritage Homes Corporation	MTH	3.27%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 22, 2026	$0.0825	Sep 23, 2026
Jun 23, 2026	$0.0909	Jun 24, 2026
Mar 24, 2026	$0.0612	Mar 25, 2026
Dec 16, 2025	$0.0507	Dec 17, 2025
Sep 23, 2025	$0.0712	Sep 24, 2025
Jun 24, 2025	$0.0934	Jun 25, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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