Baron Real Estate Income Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.1%
1 yr return
18.5%
3 Yr Avg Return
0.3%
5 Yr Avg Return
9.1%
Net Assets
$148 M
Holdings in Top 10
61.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 96.59%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BRIUX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return 0.3%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.01%
- Dividend Yield 1.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBaron Real Estate Income Fund
-
Fund Family NameBARONFUNDS
-
Inception DateDec 29, 2017
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Kolitch
Fund Description
BRIUX - Performance
Return Ranking - Trailing
Period | BRIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -12.1% | 6.0% | 12.94% |
1 Yr | 18.5% | -14.5% | 29.8% | 8.63% |
3 Yr | 0.3%* | -11.1% | 10.5% | 81.93% |
5 Yr | 9.1%* | -11.3% | 15.9% | 2.62% |
10 Yr | N/A* | -1.4% | 15.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | BRIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.0% | -17.6% | 24.6% | 5.49% |
2022 | -28.9% | -51.3% | 2.7% | 25.98% |
2021 | 27.7% | -7.7% | 52.3% | 68.67% |
2020 | 21.2% | -42.2% | 35.0% | 1.70% |
2019 | 34.8% | -0.6% | 43.1% | 3.10% |
Total Return Ranking - Trailing
Period | BRIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -12.1% | 6.0% | 12.94% |
1 Yr | 18.5% | -14.5% | 29.8% | 8.63% |
3 Yr | 0.3%* | -11.1% | 10.5% | 81.93% |
5 Yr | 9.1%* | -11.3% | 15.9% | 2.62% |
10 Yr | N/A* | -1.4% | 15.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BRIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.4% | -14.0% | 25.0% | 11.76% |
2022 | -27.5% | -40.7% | 7.8% | 70.47% |
2021 | 29.6% | 7.8% | 54.6% | 81.93% |
2020 | 22.3% | -36.6% | 44.3% | 2.55% |
2019 | 35.9% | 3.4% | 46.4% | 6.64% |
NAV & Total Return History
BRIUX - Holdings
Concentration Analysis
BRIUX | Category Low | Category High | BRIUX % Rank | |
---|---|---|---|---|
Net Assets | 148 M | 1.73 M | 56.5 B | 67.57% |
Number of Holdings | 29 | 18 | 501 | 89.71% |
Net Assets in Top 10 | 90.5 M | 711 K | 26.1 B | 63.24% |
Weighting of Top 10 | 61.12% | 15.7% | 82.2% | 13.24% |
Top 10 Holdings
- Prologis Inc 10.54%
- Equinix Inc 9.30%
- Welltower Inc 7.75%
- American Tower Corp 6.19%
- Extra Space Storage Inc 5.32%
- AvalonBay Communities Inc 4.93%
- Digital Realty Trust Inc 4.45%
- American Homes 4 Rent 4.29%
- Equity Residential 4.24%
- Invitation Homes Inc 4.10%
Asset Allocation
Weighting | Return Low | Return High | BRIUX % Rank | |
---|---|---|---|---|
Stocks | 98.84% | 0.00% | 106.01% | 32.72% |
Other | 0.81% | -89.96% | 112.19% | 18.38% |
Cash | 0.35% | -42.50% | 20.74% | 89.34% |
Preferred Stocks | 0.00% | 0.00% | 31.13% | 33.82% |
Convertible Bonds | 0.00% | 0.00% | 10.95% | 23.62% |
Bonds | 0.00% | -3.17% | 148.00% | 31.25% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BRIUX % Rank | |
---|---|---|---|---|
Real Estate | 76.57% | 34.46% | 100.00% | 90.31% |
Consumer Cyclical | 16.95% | 0.00% | 45.29% | 1.94% |
Utilities | 3.55% | 0.00% | 3.55% | 0.78% |
Financial Services | 2.93% | 0.00% | 37.05% | 7.36% |
Technology | 0.00% | 0.00% | 12.02% | 37.98% |
Industrials | 0.00% | 0.00% | 7.39% | 24.03% |
Healthcare | 0.00% | 0.00% | 0.53% | 18.99% |
Energy | 0.00% | 0.00% | 33.11% | 20.16% |
Communication Services | 0.00% | 0.00% | 11.61% | 26.36% |
Consumer Defense | 0.00% | 0.00% | 0.93% | 17.83% |
Basic Materials | 0.00% | 0.00% | 13.69% | 22.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BRIUX % Rank | |
---|---|---|---|---|
US | 98.84% | 0.00% | 106.01% | 26.10% |
Non US | 0.00% | 0.00% | 40.58% | 26.84% |
BRIUX - Expenses
Operational Fees
BRIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.07% | 24.62% | 66.17% |
Management Fee | 0.75% | 0.00% | 1.50% | 49.26% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 6.87% |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
BRIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
BRIUX 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.
BRIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 96.59% | 0.11% | 380.00% | 81.03% |
BRIUX - Distributions
Dividend Yield Analysis
BRIUX | Category Low | Category High | BRIUX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.23% | 0.00% | 13.25% | 50.37% |
Dividend Distribution Analysis
BRIUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
BRIUX | Category Low | Category High | BRIUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.01% | -1.14% | 6.05% | 50.93% |
Capital Gain Distribution Analysis
BRIUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.082 | OrdinaryDividend |
Dec 22, 2023 | $0.045 | OrdinaryDividend |
Sep 27, 2023 | $0.064 | OrdinaryDividend |
Jun 28, 2023 | $0.091 | OrdinaryDividend |
Mar 29, 2023 | $0.083 | OrdinaryDividend |
Dec 28, 2022 | $0.025 | OrdinaryDividend |
Sep 28, 2022 | $0.069 | OrdinaryDividend |
Jun 29, 2022 | $0.043 | OrdinaryDividend |
Mar 30, 2022 | $0.029 | OrdinaryDividend |
Sep 24, 2021 | $0.048 | OrdinaryDividend |
Jun 25, 2021 | $0.038 | OrdinaryDividend |
Mar 26, 2021 | $0.043 | OrdinaryDividend |
Dec 23, 2020 | $0.030 | OrdinaryDividend |
Sep 25, 2020 | $0.019 | OrdinaryDividend |
Jun 26, 2020 | $0.029 | OrdinaryDividend |
Mar 27, 2020 | $0.030 | OrdinaryDividend |
Dec 20, 2019 | $0.034 | OrdinaryDividend |
Sep 30, 2019 | $0.030 | OrdinaryDividend |
Mar 27, 2019 | $0.031 | OrdinaryDividend |
Dec 28, 2018 | $0.019 | OrdinaryDividend |
Sep 26, 2018 | $0.140 | OrdinaryDividend |
Jun 28, 2018 | $0.054 | OrdinaryDividend |
Apr 19, 2018 | $0.049 | OrdinaryDividend |
BRIUX - Fund Manager Analysis
Managers
Jeffrey Kolitch
Start Date
Tenure
Tenure Rank
Dec 29, 2017
4.42
4.4%
Jeffrey A. Kolitch has been the portfolio manager of Baron Real Estate Fund and Baron Real Estate Income Fund since their respective inceptions on December 31, 2009 and December 29, 2017. He joined the Adviser in 2005 to develop a real estate growth strategy. From 1995 until 2005, Mr. Kolitch worked at Goldman Sachs & Co., starting as an associate in the Equities Division where he became a Vice President in 1999. In 2000, he was selected to join the Equity Capital Markets Group as a Vice President in New York, and in 2002, Mr. Kolitch was named a Managing Director in Hong Kong. From 2004 until 2005, he served as a Managing Director in Goldman Sachs’ Equity Capital Markets Group in New York.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 28.42 | 7.9 | 2.23 |