About BARUX
Baron Asset Fund R6 is an actively managed mutual fund focused on mid-cap growth equities within the U.S. market. Its primary objective is to achieve capital appreciation by investing in mid-sized companies that have typically advanced beyond the initial growth stage and demonstrate significant long-term growth prospects. The fund is managed by Baron Capital Group, with a strategy emphasizing firms that possess unique assets, durable competitive protections, and favorable industry positioning.
The portfolio is diversified across sectors, with substantial allocations to technology, healthcare, real estate, and financial services. Key holdings often include companies such as Gartner Inc., IDEXX Laboratories Inc., and CoStar Group Inc., reflecting a tilt toward innovative and analytically driven businesses. The fund is characterized by a high active share and a relatively low turnover rate, underscoring a long-term, conviction-driven approach.
Baron Asset Fund R6 plays a notable role in the financial marketplace by providing investors targeted exposure to the mid-cap growth segment, a category historically known for balancing risk and return between small-cap volatility and large-cap stability. With net assets exceeding $3.9 billion and a long-standing track record since its inception in 1987, the fund continues to appeal to investors seeking growth through disciplined stock selection in the mid-cap space.
Fund Family Baron Capital Group, Inc.
Category Mid-Cap Growth
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol BARUX
Share Class R6 Shares
Index Russell MidCap Growth TR
BARUX had a total return of 12.20% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.76%.
