Key stats
About Baron First Principles ETF
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Inception date
Dec 15, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BAMCO, Inc.
Distributor
Baron Capital, Inc.
Identifiers
3
ISIN US06829D1072
RONB aims to capitalize on long-term growth opportunities by investing in US companies of any size. The selection process emphasizes fundamental research, challenging conventional assumptions to identify strong and sustainable competitive advantages, exceptional leadership, and valuations believed to be attractive relative to long-term intrinsic value. Additionally, the fund may borrow up to one-third of its total assets to increase exposure to opportunities when market conditions are favorable. Investments include depositary receipts.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Consumer Services
Consumer Durables
Commercial Services
Finance
Mutual fund
Stocks79.91%
Technology Services17.99%
Consumer Services15.73%
Consumer Durables14.48%
Commercial Services13.84%
Finance11.96%
Health Technology2.30%
Electronic Technology2.20%
Consumer Non-Durables1.40%
Bonds, Cash & Other20.09%
Mutual fund14.40%
Miscellaneous3.60%
Cash2.10%
Stock breakdown by region
North America92.63%
Europe7.37%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RONB invests in stocks. The fund's major sectors are Technology Services, with 17.99% stocks, and Consumer Services, with 15.73% of the basket. The assets are mostly located in the North America region.
RONB assets under management is 138.88 M USD. It's risen 106.32% over the last month.
RONB fund flows account for 97.90 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, RONB doesn't pay dividends to its holders.
RONB shares are issued by Baron Capital Group, Inc. under the brand Baron. The ETF was launched on Dec 15, 2025, and its management style is Active.
RONB expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
RONB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RONB invests in stocks.
RONB price has fallen by −4.43% over the last month, and its yearly performance shows a −5.08% decrease. See more dynamics on RONB price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.60% over the last month, showed a −3.60% decrease in three-month performance and has decreased by −3.60% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.60% over the last month, showed a −3.60% decrease in three-month performance and has decreased by −3.60% in a year.
RONB trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.