About BFONX
The Biondo Focus Fund Investor Class is an actively managed mutual fund that primarily targets long-term capital appreciation. Positioned in the large growth category, the fund emphasizes a concentrated, high-conviction approach—typically holding between 15 and 30 companies, with the top ten positions representing more than three-quarters of total assets. This strategy results in significant exposure to sectors such as technology, financial services, and healthcare, and includes leading firms like Mastercard, Intuitive Surgical, NVIDIA, and Apple. The fund invests mainly in U.S. common stocks but may also hold American depositary receipts, investment-grade fixed income securities, ETFs, and related options. It may employ leverage to enhance return potential and, as a non-diversified fund, can focus investments heavily in select sectors or companies. Established in 2010, the fund is managed by an experienced team and is designed to make professional active management accessible to a broader base of investors. The Biondo Focus Fund Investor Class is recognized for its concentrated growth strategy and sector-specific tilts, making it a noteworthy participant in the U.S. equity mutual fund landscape.
Fund Family Biondo Investment Advisor
Category Large Growth
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol BFONX
Share Class Investor Class
Index S&P 500 TR
BFONX had a total return of -2.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.17%.
