BEXIX Performance — Baron Emerging Markets Fund, Institutional Shares
Data updated: 2026-08-28
BEXIX returned +20.18% year to date and +31.58% over one year to Jun 2026. Annualised returns are +19.68% over 3 years and +4.00% over 5 years. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $171, against $179 for the category, and to $132 over one year, against $141. Volatility over the past three years was 16.15% a year. In the 12 months to Jun 2026 the fund lost a net $961.9M, and assets reached $3.99B.
BEXIX Growth of $100
What $100 invested in Baron Emerging Markets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | BEXIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $132 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $171 | $179 |
| 5 years (Jul 2021 – Jun 2026) | $122 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $174 | $195 |
BEXIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +20.18% |
| 1 year | +31.58% |
| 3 years (annualised) | +19.68% |
| 5 years (annualised) | +4.00% |
BEXIX Annual Returns
Calendar-year total returns of Baron Emerging Markets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +20.18% |
| 2025 | +30.11% |
| 2024 | +7.91% |
| 2023 | +8.29% |
| 2022 | −25.82% |
| 2021 | −6.07% |
| 2020 | +29.24% |
| 2019 (Jul–Dec) | +5.87% |
BEXIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.5% | +4.5% | −9.7% | +14.1% | +4.4% | +0.5% | — | — | — | — | — | — |
| 2025 | +0.4% | +1.3% | +1.3% | +2.4% | +4.5% | +7.8% | −0.9% | +3.0% | +8.6% | +1.9% | −4.0% | +0.9% |
| 2024 | −4.5% | +4.0% | +3.2% | −0.2% | +0.4% | +4.0% | +1.9% | +0.8% | +6.2% | −4.4% | −1.9% | −1.2% |
| 2023 | +7.8% | −7.5% | +3.1% | −0.8% | −0.6% | +5.2% | +5.0% | −6.6% | −3.1% | −3.7% | +7.1% | +3.6% |
| 2022 | −3.2% | −6.9% | −4.7% | −6.8% | −0.6% | −3.2% | +0.1% | −1.2% | −10.2% | −2.5% | +14.5% | −2.8% |
| 2021 | +2.1% | +1.2% | −3.4% | +1.8% | +2.6% | +0.4% | −5.8% | +2.0% | −2.7% | −0.2% | −4.6% | +0.8% |
| 2020 | −3.2% | −2.9% | −20.1% | +10.7% | +3.3% | +10.8% | +10.5% | +3.2% | −0.9% | +1.5% | +8.5% | +9.4% |
| 2019 | — | — | — | — | — | — | −1.2% | −3.1% | +1.0% | +4.1% | 0.0% | +5.2% |
BEXIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.15%
- 3-year Sharpe ratio: 0.94 (vs 4.5% risk-free rate)
- Best month: +14.05% (Apr 2026)
- Worst month: −9.72% (Mar 2026)
BEXIX Fund Flows
Monthly money in and out of Baron Emerging Markets Fund, from SEC Form N-PORT.
- 12-month net flow: −$961.9M
- 12-month gross sales (incl. reinvestments): $489.0M
- Sales ÷ redemptions: 0.34×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $28.1M | $69.5M | −$41.4M |
| May 2026 | $30.6M | $70.4M | −$39.7M |
| Apr 2026 | $49.4M | $72.1M | −$22.7M |
| Mar 2026 | $31.7M | $84.3M | −$52.6M |
| Feb 2026 | $34.1M | $95.6M | −$61.5M |
| Jan 2026 | $41.5M | $64.3M | −$22.8M |
| Dec 2025 | $91.5M | $107.2M | −$15.7M |
| Nov 2025 | $44.8M | $53.3M | −$8.6M |
| Oct 2025 | $32.2M | $69.9M | −$37.7M |
| Sep 2025 | $35.8M | $53.0M | −$17.2M |
| Aug 2025 | $33.4M | $134.2M | −$100.8M |
| Jul 2025 | $36.0M | $577.1M | −$541.1M |
BEXIX Assets Under Management
Net assets of Baron Emerging Markets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.99B |
| 2026-03-31 | $3.43B |
| 2025-12-31 | $3.54B |
| 2025-09-30 | $3.72B |
| 2025-06-30 | $4.01B |
| 2025-03-31 | $3.59B |
| 2024-12-31 | $3.62B |
| 2024-09-30 | $4.02B |
| 2024-06-30 | $4.05B |
| 2024-03-31 | $4.22B |
| 2023-12-31 | $4.55B |
| 2023-09-30 | $4.54B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.