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.
Fund Family Baron Capital Group, Inc.
Category Small Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol BDFUX
Share Class R6 Shares
Index Russell 2000 Growth TR
BDFUX had a total return of 10.71% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.28%.
