Baron Discovery Fund R6 Shares (BDFUX)
| Fund Assets | 1.69B |
| Expense Ratio | 1.05% |
| Min. Investment | $5,000,000 |
| Turnover | 31.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 35.02 |
| YTD Return | 7.71% |
| 1-Year Return | 29.88% |
| 5-Year Return | 55.86% |
| 52-Week Low | 26.24 |
| 52-Week High | 35.94 |
| Beta (5Y) | n/a |
| Holdings | 55 |
| Inception Date | Aug 31, 2016 |
About BDFUX
Baron Discovery Fund R6 is a mutual fund specializing in small-cap growth equities, primarily targeting early-stage U.S. companies with significant expansion potential. Managed by Baron Funds, the fund's strategy centers on investing in a concentrated portfolio of innovative businesses that demonstrate strong growth prospects, often in sectors undergoing transformation or rapid development. With an inception date of September 2013, the fund applies a long-term approach, seeking capital appreciation by identifying firms with unique products, services, or business models. As of March 2025, the fund manages approximately $1.51 billion in net assets and typically holds around 54 issuers, reflecting its selective investment process. The fund is noted for a high active share and a relatively low turnover rate, indicating a focus on differentiated stock selection and long-term holding periods. Baron Discovery Fund R6 plays a distinct role in the market by providing exposure to high-growth, small-cap companies that may be less represented in broader indices, making it an option for investors aiming for diversification within the growth segment of the market.
Performance
BDFUX had a total return of 29.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.80%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTGX | Vanguard | Vanguard Russell 2000 Growth Index Fund Institutional Shares | 0.08% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BDFIX | Institutional Shares | 1.05% |
Top 10 Holdings
33.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 7.04% |
| Kratos Defense & Security Solutions, Inc. | KTOS | 3.83% |
| Exact Sciences Corporation | EXAS | 3.25% |
| Liberty Live Group | LLYVK | 3.16% |
| Guidewire Software, Inc. | GWRE | 2.93% |
| CyberArk Software Ltd. | CYBR | 2.92% |
| PAR Technology Corporation | PAR | 2.85% |
| DraftKings Inc. | DKNG | 2.72% |
| Clearwater Analytics Holdings, Inc. | CWAN | 2.67% |
| Mercury Systems, Inc. | MRCY | 2.63% |