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Trending ETFs

Baron International Growth Fund

mutual fund
BINIX
Payout Change
Pending
Price as of:
$28.45 +0.0 +0.0%
primary theme
International Large-Cap Growth Equity
BINIX (Mutual Fund)

Baron International Growth Fund

Payout Change
Pending
Price as of:
$28.45 +0.0 +0.0%
primary theme
International Large-Cap Growth Equity
BINIX (Mutual Fund)

Baron International Growth Fund

Payout Change
Pending
Price as of:
$28.45 +0.0 +0.0%
primary theme
International Large-Cap Growth Equity

Name

As of 10/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$28.45

$341 M

0.11%

$0.03

0.98%

Vitals

YTD Return

9.6%

1 yr return

19.5%

3 Yr Avg Return

-4.8%

5 Yr Avg Return

5.8%

Net Assets

$341 M

Holdings in Top 10

25.4%

52 WEEK LOW AND HIGH

$28.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.98%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 36.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$28.45

$341 M

0.11%

$0.03

0.98%

BINIX - Profile

Distributions

  • YTD Total Return 9.6%
  • 3 Yr Annualized Total Return -4.8%
  • 5 Yr Annualized Total Return 5.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.05%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Baron International Growth Fund
  • Fund Family Name
    BARONFUNDS
  • Inception Date
    May 29, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Kass

Fund Description

The Fund is a diversified fund that invests for the long term primarily in equity securities in the form of common stock of non-U.S. growth companies. Non-U.S. securities include securities that the Adviser determines are “non-U.S.” based on the consideration of an issuer’s domicile, its principal place of business, its primary stock exchange listing, the source of its revenue or other factors. The Fund seeks to diversify its investments among several developed countries and developing countries throughout the world, although the Fund may only invest up to 35% of its net assets in developing countries. Developing countries include countries in the MSCI Emerging Markets (EM) Index, countries in the MSCI Frontier Markets (FM) Index and other countries determined by the Adviser to be developing countries based on classifications made by the International Monetary Fund or on country characteristics similar to those of the countries in the EM and FM Indexes. The Fund may purchase securities of companies of any market capitalization. The Adviser seeks to invest in businesses it believes have significant opportunities for growth, sustainable competitive advantages, exceptional management, and an attractive valuation.
The Fund’s investments in non-U.S. securities generally are traded in currencies other than U.S. dollars, so the Adviser buys and sells foreign currencies to facilitate transactions in portfolio securities. The Adviser usually does not hedge against possible fluctuations in exchange rates, but exposure to a particular currency that the Adviser believes is overvalued may be hedged if the Fund has a substantial position in securities traded in
that currency. The Fund may buy and sell currencies for cash at current exchange rates, or use an agreement to purchase or sell a specified currency at a specified future date or within a specified time period, at a price set at the time of the contract.
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BINIX - Performance

Return Ranking - Trailing

Period BINIX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -1.2% 33.4% 69.17%
1 Yr 19.5% 10.1% 46.9% 93.01%
3 Yr -4.8%* -10.0% 9.2% 87.21%
5 Yr 5.8%* 0.0% 15.3% 77.22%
10 Yr 6.9%* 2.8% 10.6% 37.73%

* Annualized

Return Ranking - Calendar

Period BINIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.0% -0.4% 28.6% 92.27%
2022 -28.3% -49.5% -13.3% 63.12%
2021 4.2% -22.2% 19.3% 37.63%
2020 30.7% -3.7% 85.0% 17.23%
2019 29.0% -4.0% 45.1% 29.06%

Total Return Ranking - Trailing

Period BINIX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -1.2% 33.4% 69.17%
1 Yr 19.5% 10.1% 46.9% 93.01%
3 Yr -4.8%* -10.0% 9.2% 87.21%
5 Yr 5.8%* 0.0% 15.3% 77.22%
10 Yr 6.9%* 2.8% 10.6% 37.73%

* Annualized

Total Return Ranking - Calendar

Period BINIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.6% 1.8% 28.6% 96.91%
2022 -27.3% -44.4% -11.0% 67.79%
2021 9.9% -20.6% 20.5% 36.83%
2020 30.8% 7.6% 97.1% 24.58%
2019 29.4% 0.5% 45.3% 40.94%

NAV & Total Return History


BINIX - Holdings

Concentration Analysis

BINIX Category Low Category High BINIX % Rank
Net Assets 341 M 191 K 140 B 70.44%
Number of Holdings 96 4 1830 24.16%
Net Assets in Top 10 87.3 M 65.4 K 36.7 B 77.63%
Weighting of Top 10 25.41% 10.6% 99.9% 81.49%

Top 10 Holdings

  1. FIXED INC CLEARING CORP.REPO 3.49%
  2. Linde PLC 2.81%
  3. Arch Capital Group Ltd 2.75%
  4. Taiwan Semiconductor Manufacturing Co Ltd 2.72%
  5. Constellation Software Inc/Canada 2.69%
  6. AstraZeneca PLC 2.39%
  7. InPost SA 2.28%
  8. eDreams ODIGEO SA 2.17%
  9. Argenx SE 2.07%
  10. Symrise AG 2.04%

Asset Allocation

Weighting Return Low Return High BINIX % Rank
Stocks
96.91% 85.22% 105.20% 64.01%
Other
3.49% -0.31% 3.49% 0.26%
Cash
0.00% 0.00% 11.43% 97.94%
Preferred Stocks
0.00% 0.00% 10.21% 60.15%
Convertible Bonds
0.00% 0.00% 2.45% 44.07%
Bonds
0.00% 0.00% 0.03% 43.96%

Stock Sector Breakdown

Weighting Return Low Return High BINIX % Rank
Basic Materials
16.56% 0.00% 23.15% 2.84%
Industrials
15.73% 0.68% 31.28% 45.36%
Technology
13.04% 1.51% 38.21% 82.73%
Healthcare
12.34% 1.36% 29.58% 70.62%
Financial Services
11.97% 0.00% 38.62% 64.95%
Consumer Cyclical
11.33% 0.00% 46.28% 48.71%
Communication Services
9.08% 0.00% 41.13% 17.01%
Consumer Defense
6.42% 0.00% 25.77% 67.53%
Energy
2.80% 0.00% 24.97% 33.76%
Real Estate
0.73% 0.00% 6.64% 28.35%
Utilities
0.00% 0.00% 9.05% 68.56%

Stock Geographic Breakdown

Weighting Return Low Return High BINIX % Rank
Non US
70.25% 0.00% 99.95% 83.55%
US
26.67% 0.00% 99.87% 16.71%

BINIX - Expenses

Operational Fees

BINIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.98% 0.01% 13.07% 55.56%
Management Fee 0.88% 0.00% 1.50% 87.40%
12b-1 Fee 0.00% 0.00% 1.00% 4.49%
Administrative Fee N/A 0.03% 0.80% N/A

Sales Fees

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

Trading Fees

BINIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

BINIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 7.00% 149.00% 65.50%

BINIX - Distributions

Dividend Yield Analysis

BINIX Category Low Category High BINIX % Rank
Dividend Yield 0.11% 0.00% 12.70% 56.96%

Dividend Distribution Analysis

BINIX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual SemiAnnual Annual

Net Income Ratio Analysis

BINIX Category Low Category High BINIX % Rank
Net Income Ratio -0.05% -1.69% 3.16% 67.27%

Capital Gain Distribution Analysis

BINIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

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BINIX - Fund Manager Analysis

Managers

Michael Kass


Start Date

Tenure

Tenure Rank

Dec 31, 2008

13.42

13.4%

Michael Kass has been the portfolio manager of Baron International Growth Fund and Baron Emerging Markets Fund since their respective inceptions on December 31, 2008 and December 31, 2010. He joined the Adviser in 2007 to develop an international growth strategy. From 1996 until 2003, Mr. Kass co-managed the Furman Selz Large Cap Growth portfolios, and beginning in 1998, he co-founded the Artemis Funds, a long-short strategy with a similar discipline as Large Cap Growth. In 2003, Mr. Kass formed Artemis Advisors, LLC to acquire the Artemis Funds from ING Furman Selz. Mr. Kass spent ten years in equity investment management at ING Furman Selz, and was named a senior managing director and portfolio manager in 1996. From 1989 until 1993, he was an associate in investment banking at Lazard Frères. Mr. Kass began his career in 1987 as an analyst in corporate finance at Bear, Stearns & Co. Inc. Michael graduated summa cum laude from Tulane University with a B.A. in Economics in 1987.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.94 7.71 20.01