About BFTHX
Baron Fifth Avenue Growth Fund Retail Class is an actively managed large-cap growth mutual fund focused on capital appreciation by investing primarily in U.S. companies with significant growth potential. The fund emphasizes businesses exhibiting sustainable competitive advantages, robust long-term growth prospects, and exceptional management. Its portfolio is diversified, typically holding around 30–35 securities, with a strong concentration in technology, consumer cyclical, healthcare, and communication services sectors. Notable industries represented include broadline retail, systems software, semiconductors, and interactive media. The fund’s top holdings often feature leading companies such as NVIDIA, Amazon.com, Meta Platforms, and Microsoft. Managed by Baron Capital Group since its inception in 2004, the fund seeks to outperform the Russell 1000 Growth Index, its primary benchmark. It is designed for investors seeking exposure to large U.S. growth companies through an actively managed strategy. While the fund charges a higher-than-average expense ratio relative to peers, it is recognized for its experienced management team and disciplined investment process, maintaining a diversified yet concentrated portfolio to capture long-term growth opportunities in the U.S. equity market.
Fund Family Baron Capital Group, Inc.
Category Large-Cap Growth
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol BFTHX
Index Russell 1000 Growth TR
BFTHX had a total return of 20.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.37%.
