BARON DISCOVERY FUND
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-4.4%
1 yr return
11.9%
3 Yr Avg Return
-10.9%
5 Yr Avg Return
6.1%
Net Assets
$1.52 B
Holdings in Top 10
32.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 36.52%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BDFUX - Profile
Distributions
- YTD Total Return -4.4%
- 3 Yr Annualized Total Return -10.9%
- 5 Yr Annualized Total Return 6.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.94%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBARON DISCOVERY FUND
-
Fund Family NameBARONFUNDS
-
Inception DateAug 31, 2016
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLaird Bieger
Fund Description
BDFUX - Performance
Return Ranking - Trailing
Period | BDFUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.4% | -10.9% | 16.0% | 95.04% |
1 Yr | 11.9% | -2.0% | 45.6% | 64.01% |
3 Yr | -10.9%* | -26.0% | 56.6% | 87.30% |
5 Yr | 6.1%* | -5.1% | 43.2% | 48.17% |
10 Yr | N/A* | 1.1% | 24.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | BDFUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.6% | -20.5% | 54.6% | 6.93% |
2022 | -35.1% | -82.1% | 32.2% | 73.15% |
2021 | 1.2% | -90.6% | 300.1% | 28.55% |
2020 | 60.7% | -63.0% | 127.9% | 4.90% |
2019 | 26.7% | -7.7% | 42.9% | 30.10% |
Total Return Ranking - Trailing
Period | BDFUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.4% | -10.9% | 16.0% | 95.04% |
1 Yr | 11.9% | -2.0% | 45.6% | 64.01% |
3 Yr | -10.9%* | -26.0% | 56.6% | 87.30% |
5 Yr | 6.1%* | -5.1% | 43.2% | 48.17% |
10 Yr | N/A* | 1.1% | 24.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BDFUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.6% | -19.0% | 136.8% | 8.17% |
2022 | -35.1% | -59.9% | 44.3% | 81.26% |
2021 | 4.9% | -22.7% | 411.9% | 70.91% |
2020 | 66.2% | 1.5% | 150.8% | 8.66% |
2019 | 26.9% | 5.5% | 55.3% | 62.33% |
NAV & Total Return History
BDFUX - Holdings
Concentration Analysis
BDFUX | Category Low | Category High | BDFUX % Rank | |
---|---|---|---|---|
Net Assets | 1.52 B | 207 K | 34.3 B | 32.04% |
Number of Holdings | 58 | 7 | 1180 | 80.88% |
Net Assets in Top 10 | 463 M | 52.5 K | 2.83 B | 32.04% |
Weighting of Top 10 | 32.39% | 7.1% | 100.1% | 19.33% |
Top 10 Holdings
- FIXED INC CLEARING CORP.REPO 5.89%
- Gitlab Inc 3.43%
- DraftKings Inc 3.05%
- SentinelOne Inc 3.02%
- Advanced Energy Industries Inc 3.01%
- Axon Enterprise Inc 3.00%
- CyberArk Software Ltd 2.92%
- Axonics Inc 2.78%
- Floor Decor Holdings Inc 2.73%
- Rexford Industrial Realty Inc 2.55%
Asset Allocation
Weighting | Return Low | Return High | BDFUX % Rank | |
---|---|---|---|---|
Stocks | 94.03% | 77.88% | 108.99% | 93.98% |
Other | 5.89% | -0.22% | 5.89% | 0.18% |
Cash | 0.08% | 0.00% | 26.25% | 86.55% |
Preferred Stocks | 0.00% | 0.00% | 3.53% | 34.51% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 27.61% |
Bonds | 0.00% | 0.00% | 3.22% | 26.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BDFUX % Rank | |
---|---|---|---|---|
Technology | 30.55% | 2.91% | 75.51% | 17.35% |
Healthcare | 21.48% | 0.00% | 47.90% | 56.64% |
Industrials | 18.79% | 0.00% | 36.64% | 30.27% |
Consumer Cyclical | 10.47% | 0.00% | 24.04% | 70.80% |
Real Estate | 5.35% | 0.00% | 15.31% | 18.76% |
Financial Services | 5.02% | 0.00% | 42.95% | 69.73% |
Consumer Defense | 4.48% | 0.00% | 13.56% | 38.41% |
Communication Services | 3.86% | 0.00% | 15.31% | 22.48% |
Utilities | 0.00% | 0.00% | 5.57% | 51.33% |
Energy | 0.00% | 0.00% | 55.49% | 82.83% |
Basic Materials | 0.00% | 0.00% | 9.24% | 89.38% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BDFUX % Rank | |
---|---|---|---|---|
US | 94.03% | 30.27% | 102.09% | 85.84% |
Non US | 0.00% | 0.00% | 61.74% | 42.30% |
BDFUX - Expenses
Operational Fees
BDFUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.06% | 0.05% | 23.20% | 65.25% |
Management Fee | 1.00% | 0.05% | 1.62% | 88.30% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 6.13% |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
BDFUX 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% | 5.00% | N/A |
Trading Fees
BDFUX 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.
BDFUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 36.52% | 3.00% | 439.00% | 30.63% |
BDFUX - Distributions
Dividend Yield Analysis
BDFUX | Category Low | Category High | BDFUX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.12% | 40.35% |
Dividend Distribution Analysis
BDFUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | SemiAnnual | Annual |
Net Income Ratio Analysis
BDFUX | Category Low | Category High | BDFUX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.94% | -2.47% | 1.10% | 68.40% |
Capital Gain Distribution Analysis
BDFUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 24, 2021 | $1.295 | OrdinaryDividend |
Nov 29, 2017 | $0.040 | OrdinaryDividend |
BDFUX - Fund Manager Analysis
Managers
Laird Bieger
Start Date
Tenure
Tenure Rank
Sep 30, 2013
8.67
8.7%
Vice President, Portfolio Manager Laird joined Baron in 2000 as a research analyst and was named portfolio manager in 2013. He has 19 years of research experience. From 1999 to 2000, Laird worked at Water Street Capital as a research analyst. From 1992 to 1997, Laird worked at Ford Motor Company in various roles. Laird graduated from Vanderbilt University with a B.A. in Economics in 1992 and from Columbia Business School with an M.B.A. in 1999.
Randolph Gwirtzman
Start Date
Tenure
Tenure Rank
Sep 30, 2013
8.67
8.7%
Vice President, Portfolio Manager Randy joined Baron in 2002 as a research analyst and was named portfolio manager in 2013. He has 19 years of research experience. From 1997 to 2002, Randy was a research analyst at three firms; first at Tyndall Partners, then Goldman Sachs Asset Management and finally at ING Furman Selz.From 1992 to 1997, Randy worked at Salomon Green & Ostrow as a bankruptcy litigation attorney. Randy graduated from the University of Pennsylvania with a B.A. in Economics in 1989, cum laude from the Benjamin N. Cardozo School of Law with a J.D. in 1992 and from Columbia Business School with an M.B.A. in 1999.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.01 | 5.25 |