Baron Energy and Resources Fund (BENFX)
Objective & Strategy
The investment goal of Baron Energy and Resources Fund is capital appreciation.
The Fund invests mainly in U.S. energy and resource companies of any market capitalization and may invest up to 25% in non-U.S. securities. Non-diversified.
Read Latest Fund Commentary Invest In Baron Funds TodayFund Description
Baron Energy and Resources Fund invests in securities of energy and resources companies and related companies of all sizes.
Fund Resources
Jamie Stone seeks long-term growth in energy and materials.
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Trends
Investment Process
Key Themes in Energy
Key Themes in Resources
Latest Fact Sheets
Expanded Fact Sheet - Retail Shares
Expanded Fact Sheet - Institutional Shares
Daily Price (NAV)
Prices for May 21 , 2013(BENFX)
| NAV | $10.58 |
|---|---|
| Daily Change ($) | $0.00 |
| Daily Change (%) | 0.00% |
| MTD | 4.44% |
| YTD | 11.84% |
| 52-Week High | $10.58 |
| 52-Week Low | $8.29 |
Fund Facts
| Inception Date | December 30, 2011 |
|---|---|
| Net Assets^ | $9.37 million |
| CUSIP | 06828M868 |
| Expense Ratio* | 9.07% / 1.35% |
Risk/Return Comparison
The Fund is non-diversified, which means the volatility of the Fund’s returns may increase and expose the Fund to greater risk of loss in any given period. Energy companies can be affected by fluctuations in energy prices and supply and demand of energy fuels. Resources industries can be affected by international political and economic developments, the success of exploration projects, and meteorological events.
Ratings/Rankings
Morningstar Ratings
This information is not currently available.
Lipper Rankings
Rankings based on total returns as of 3/31/2013Category: Global Natural Resources Funds
| 1 Year | 24 out of 141 funds |
Stylebox
This information is not currently available.
Performance data quoted represents past performance. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate; an investor's shares, when redeemed, may be worth more or less than their original cost. The Adviser has reimbursed certain Fund expenses and the Fund's transfer agency expenses may be reduced by expense offsets from an unaffiliated transfer agent, without which performance would have been lower. Current performance may be lower or higher than the performance data quoted above. For performance information current to the most recent month end, click here.
^All share classes combined. As of most recent month end.
*As of fiscal year ended 12/31/2011, the estimated annual operating expense of the Fund's Retail Shares is 4.25%. The net annual expense ratio for the Retail Shares is 1.35% (net of the Adviser’s fee).
Top Ten Fund Holdings based on net assets. Portfolio holdings may change over time
Industry sector or sub-industry group levels are provided from the Global Industry Classification Standard ("GICS"), developed and exclusively owned by MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"), unless otherwise stated that they have been reclassified or classified by the Adviser. All GICS data is provided "as is" with no warranties.
Definitions (provided by BAMCO, Inc.): The Standard & Poor’s (S&P) North American Natural Resources Sector Index is a modified capitalization-weighted equity index of U.S.- traded natural resources-related stocks, including mining, energy, paper and forest products, and plantation owning companies. The S&P 500 Index measures the performance of 500 widely held large-cap U.S. companies. The indexes and the Baron Energy and Resources Fund are with dividends, which positively impacts the performance results. The Morningstar Equity Energy Category Average is not weighted and represents the straight average of annualized returns of each of the funds in the category. The Fund's Retail Shares have been included in the category since inception. As of 12/31/12, the category consisted of 126, 118 and 118 funds for the 3-month, year-to-date and 1-Year periods. © 2013 Morningstar, Inc. All Rights Reserved. The Morningstar information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. This information does not constitute an offer to sell or a solicitation of any offer to buy securities by anyone in any jurisdiction where it would be unlawful under the laws of that jurisdiction to make such offer or solicitation.