BWBFX Fees and Costs — Baron WealthBuilder Fund, Retail Shares
Data updated: 2026-08-28
The net expense ratio is 1.41% (1.43% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0006% of average net assets, and portfolio turnover was 11%.
BWBFX Fees and Expenses
Annual operating expenses and sales charges of BWBFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | — |
| 12b-1 fee | 0.25% |
| Other expenses | 0.07% |
| Gross expense ratio | 1.43% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.41% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BWBFX Costs Over Time
On $10,000 invested in BWBFX, assuming 5% a year before costs, total costs come to $875 over 5 years, cutting the return by 1.48% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.41%) | $148 | $460 | $794 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $23 | $81 |
| Total costs | $148 | $483 | $875 |
| Value after costs | $10,352 | $11,093 | $11,888 |
| Impact on return, per year | 1.48% | 1.48% | 1.48% |
BWBFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0006%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $19.1M
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
BWBFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $3K | 100.00% |
BWBFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $19.1M | 100.00% |
Baron WealthBuilder Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BWBIX | Institutional Shares | 1.16% | — |
| BWBTX | TA Shares | 1.16% | — |
| BWBFX | Retail Shares | 1.41% | — |
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.