Baron FinTech Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.4%
1 yr return
21.6%
3 Yr Avg Return
-3.2%
5 Yr Avg Return
N/A
Net Assets
$59.6 M
Holdings in Top 10
41.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.63%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.88%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BFINX - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return -3.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBaron FinTech Fund
-
Fund Family NameBARONFUNDS
-
Inception DateDec 31, 2019
-
Shares OutstandingN/A
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJosh Saltman
Fund Description
BFINX - Performance
Return Ranking - Trailing
Period | BFINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -20.1% | 24.5% | 83.56% |
1 Yr | 21.6% | -15.7% | 80.1% | 84.00% |
3 Yr | -3.2%* | -34.7% | 25.4% | 76.02% |
5 Yr | N/A* | -11.5% | 31.9% | N/A |
10 Yr | N/A* | -0.1% | 27.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | BFINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 27.0% | -5.6% | 96.9% | 86.61% |
2022 | -34.4% | -73.9% | -16.4% | 23.53% |
2021 | 15.0% | -44.6% | 51.5% | 28.64% |
2020 | N/A | 5.5% | 154.1% | N/A |
2019 | N/A | -3.0% | 63.7% | N/A |
Total Return Ranking - Trailing
Period | BFINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -20.1% | 24.5% | 83.56% |
1 Yr | 21.6% | -15.7% | 80.1% | 84.00% |
3 Yr | -3.2%* | -34.7% | 25.4% | 76.02% |
5 Yr | N/A* | -11.5% | 31.9% | N/A |
10 Yr | N/A* | -0.1% | 27.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BFINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 27.0% | -2.3% | 96.9% | 91.96% |
2022 | -33.5% | -67.5% | -5.9% | 33.03% |
2021 | 15.0% | -17.8% | 59.2% | 54.09% |
2020 | N/A | 17.5% | 157.5% | N/A |
2019 | N/A | 7.5% | 66.9% | N/A |
NAV & Total Return History
BFINX - Holdings
Concentration Analysis
BFINX | Category Low | Category High | BFINX % Rank | |
---|---|---|---|---|
Net Assets | 59.6 M | 4.67 M | 81.2 B | 83.19% |
Number of Holdings | 45 | 10 | 319 | 62.83% |
Net Assets in Top 10 | 24.4 M | 1.42 M | 40.5 B | 85.40% |
Weighting of Top 10 | 40.98% | 11.5% | 100.0% | 75.66% |
Top 10 Holdings
- Intuit Inc 5.24%
- Visa Inc 4.89%
- SP Global Inc 4.88%
- Mastercard Inc 4.79%
- Fair Isaac Corp 4.30%
- MercadoLibre Inc 3.69%
- Apollo Global Management Inc 3.60%
- Progressive Corp/The 3.47%
- MSCI Inc 3.13%
- Fiserv Inc 2.99%
Asset Allocation
Weighting | Return Low | Return High | BFINX % Rank | |
---|---|---|---|---|
Stocks | 98.81% | 0.00% | 103.06% | 46.02% |
Other | 1.22% | -0.01% | 26.87% | 7.52% |
Preferred Stocks | 0.00% | 0.00% | 7.72% | 61.50% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 51.77% |
Cash | 0.00% | -0.14% | 26.97% | 93.36% |
Bonds | 0.00% | 0.00% | 90.88% | 53.10% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BFINX % Rank | |
---|---|---|---|---|
Technology | 48.96% | 2.80% | 100.00% | 92.04% |
Financial Services | 38.36% | 0.00% | 38.36% | 0.44% |
Industrials | 8.54% | 0.00% | 38.68% | 8.41% |
Consumer Cyclical | 2.82% | 0.00% | 32.97% | 63.27% |
Real Estate | 1.32% | 0.00% | 15.05% | 16.37% |
Utilities | 0.00% | 0.00% | 5.17% | 48.67% |
Healthcare | 0.00% | 0.00% | 25.57% | 75.22% |
Energy | 0.00% | 0.00% | 1.24% | 48.67% |
Communication Services | 0.00% | 0.00% | 97.05% | 94.69% |
Consumer Defense | 0.00% | 0.00% | 5.64% | 55.31% |
Basic Materials | 0.00% | 0.00% | 2.38% | 55.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BFINX % Rank | |
---|---|---|---|---|
US | 96.48% | 0.00% | 103.06% | 50.44% |
Non US | 2.33% | 0.00% | 58.19% | 37.17% |
BFINX - Expenses
Operational Fees
BFINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.63% | 0.08% | 6.86% | 22.67% |
Management Fee | 0.80% | 0.03% | 1.95% | 67.26% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 58.06% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
BFINX 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% | 4.00% | N/A |
Trading Fees
BFINX 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.
BFINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.88% | 0.69% | 281.00% | 8.43% |
BFINX - Distributions
Dividend Yield Analysis
BFINX | Category Low | Category High | BFINX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.96% | 60.62% |
Dividend Distribution Analysis
BFINX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annual | Annual |
Net Income Ratio Analysis
BFINX | Category Low | Category High | BFINX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.85% | -2.30% | 2.08% | 74.77% |
Capital Gain Distribution Analysis
BFINX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
BFINX - Fund Manager Analysis
Managers
Josh Saltman
Start Date
Tenure
Tenure Rank
Dec 31, 2019
2.42
2.4%
Josh joined Baron in 2011 as a research analyst and was named portfolio manager of Baron FinTech Fund in 2019. He has 16 years of research experience. From 2006 to 2009, he worked at TA Associates as an associate. From 2004 to 2006, he worked at Morgan Stanley as an analyst in the Investment Banking division. Josh graduated summa cum laude from Princeton University with a B.S.E. in Operations Research and Financial Engineering in 2004 and with honors from Columbia Business School with an M.B.A. in 2011.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 32.43 | 8.4 | 1.41 |