Baron Focused Growth Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.6%
1 yr return
18.8%
3 Yr Avg Return
4.4%
5 Yr Avg Return
23.7%
Net Assets
$1.39 B
Holdings in Top 10
50.7%
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 45.28%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BFGIX - Profile
Distributions
- YTD Total Return 1.6%
- 3 Yr Annualized Total Return 4.4%
- 5 Yr Annualized Total Return 23.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBaron Focused Growth Fund
-
Fund Family NameBARONFUNDS
-
Inception DateMay 29, 2009
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRonald Baron
Fund Description
BFGIX - Performance
Return Ranking - Trailing
Period | BFGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -5.1% | 27.8% | 97.10% |
1 Yr | 18.8% | -6.1% | 60.7% | 91.07% |
3 Yr | 4.4%* | -24.0% | 86.1% | 21.16% |
5 Yr | 23.7%* | -2.9% | 100.8% | 1.40% |
10 Yr | 15.9%* | 0.4% | 37.0% | 2.36% |
* Annualized
Return Ranking - Calendar
Period | BFGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 27.8% | -27.7% | 68.0% | 7.83% |
2022 | -35.3% | -85.6% | 350.1% | 74.18% |
2021 | 3.4% | -77.0% | 238.3% | 34.46% |
2020 | 115.6% | -44.1% | 2474.5% | 3.11% |
2019 | 28.0% | -50.2% | 44.0% | 37.88% |
Total Return Ranking - Trailing
Period | BFGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -5.1% | 27.8% | 97.10% |
1 Yr | 18.8% | -6.1% | 60.7% | 91.07% |
3 Yr | 4.4%* | -24.0% | 86.1% | 21.16% |
5 Yr | 23.7%* | -2.9% | 100.8% | 1.40% |
10 Yr | 15.9%* | 0.4% | 37.0% | 2.36% |
* Annualized
Total Return Ranking - Calendar
Period | BFGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 27.8% | -26.1% | 68.0% | 9.11% |
2022 | -28.1% | -67.0% | 440.7% | 49.45% |
2021 | 19.2% | -23.5% | 342.2% | 19.02% |
2020 | 122.7% | 2.6% | 2549.1% | 3.31% |
2019 | 30.3% | 14.6% | 44.8% | 76.95% |
NAV & Total Return History
BFGIX - Holdings
Concentration Analysis
BFGIX | Category Low | Category High | BFGIX % Rank | |
---|---|---|---|---|
Net Assets | 1.39 B | 1.94 M | 84.5 B | 46.46% |
Number of Holdings | 37 | 25 | 3644 | 90.02% |
Net Assets in Top 10 | 676 M | 319 K | 8.39 B | 30.13% |
Weighting of Top 10 | 50.73% | 0.4% | 99.9% | 9.98% |
Top 10 Holdings
- Tesla Inc 11.46%
- Arch Capital Group Ltd 5.01%
- Hyatt Hotels Corp 4.89%
- SPACE EXPLORATION TECHNOLOGIES 4.58%
- FactSet Research Systems Inc 4.47%
- Guidewire Software Inc 4.31%
- Vail Resorts Inc 4.24%
- CoStar Group Inc 4.16%
- MSCI Inc 3.82%
- Red Rock Resorts Inc 3.77%
Asset Allocation
Weighting | Return Low | Return High | BFGIX % Rank | |
---|---|---|---|---|
Stocks | 95.72% | 0.92% | 101.49% | 86.57% |
Preferred Stocks | 3.84% | 0.00% | 5.46% | 0.91% |
Other | 0.39% | -0.18% | 16.96% | 17.60% |
Cash | 0.06% | 0.00% | 99.08% | 88.75% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 49.00% |
Bonds | 0.00% | -3.27% | 1.87% | 51.91% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BFGIX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 57.41% | 0.00% | 57.41% | 0.36% |
Financial Services | 17.16% | 0.00% | 43.01% | 8.89% |
Communication Services | 7.66% | 0.00% | 18.33% | 7.44% |
Real Estate | 7.00% | 0.00% | 19.28% | 11.80% |
Technology | 5.86% | 0.04% | 62.17% | 97.46% |
Industrials | 2.83% | 0.00% | 38.23% | 94.01% |
Consumer Defense | 2.07% | 0.00% | 16.40% | 53.90% |
Utilities | 0.00% | 0.00% | 12.94% | 60.98% |
Healthcare | 0.00% | 0.00% | 37.06% | 98.19% |
Energy | 0.00% | 0.00% | 62.10% | 80.58% |
Basic Materials | 0.00% | 0.00% | 17.25% | 87.11% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BFGIX % Rank | |
---|---|---|---|---|
US | 95.72% | 0.64% | 101.49% | 75.86% |
Non US | 0.00% | 0.00% | 34.81% | 61.34% |
BFGIX - Expenses
Operational Fees
BFGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.06% | 0.02% | 17.54% | 51.28% |
Management Fee | 1.00% | 0.00% | 1.50% | 94.36% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 11.73% |
Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
BFGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BFGIX 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.
BFGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.28% | 0.00% | 250.31% | 56.74% |
BFGIX - Distributions
Dividend Yield Analysis
BFGIX | Category Low | Category High | BFGIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 32.46% | 58.08% |
Dividend Distribution Analysis
BFGIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | SemiAnnual | Annual |
Net Income Ratio Analysis
BFGIX | Category Low | Category High | BFGIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.85% | -2.24% | 2.75% | 71.27% |
Capital Gain Distribution Analysis
BFGIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 24, 2014 | $0.012 | ExtraDividend |
Sep 27, 2013 | $0.197 | ExtraDividend |
Dec 15, 2010 | $0.320 | OrdinaryDividend |
Dec 30, 2009 | $0.124 | OrdinaryDividend |
BFGIX - Fund Manager Analysis
Managers
Ronald Baron
Start Date
Tenure
Tenure Rank
Jun 30, 2008
13.93
13.9%
Ron founded Baron Capital in 1982 and has 52 years of research experience. From 1970 to 1982, Ron worked for several brokerage firms as an institutional securities analyst. From 1966 to 1969, Ron worked at the U.S. Patent Office as a patent examiner, while attending George Washington University Law School. From 1965 to 1966, Ron worked at Georgetown University as a teaching fellow in biochemistry. Ron graduated from Bucknell University with a B.A. in Chemistry in 1965.
David Baron
Start Date
Tenure
Tenure Rank
Aug 28, 2018
3.76
3.8%
David joined Baron in 2005 as a research analyst and has 20 years of research experience. In 2018, he was named co-portfolio manager of Baron Focused Growth Fund. From 2002 to 2005, David worked at Jefferies Group as a gaming analyst. David graduated from Emory University with a B.B.A. in Finance in 2002 and from Columbia Business School with an M.B.A. in 2009.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.23 | 2.25 |