Baron Fifth Avenue Growth Fund Class R6 (BFTUX)
| Fund Assets | 707.27M |
| Expense Ratio | 0.75% |
| Min. Investment | $5,000,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 0.72% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 63.05 |
| YTD Return | 8.17% |
| 1-Year Return | 24.22% |
| 5-Year Return | 53.30% |
| 52-Week Low | 45.62 |
| 52-Week High | 64.43 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | Jan 29, 2016 |
About BFTUX
Baron Fifth Avenue Growth Fund Class R6 is a mutual fund focused on achieving capital appreciation by investing primarily in large-cap U.S. growth companies. Its objective is to identify businesses with compelling growth prospects, sustainable competitive advantages, high-quality management, and attractive valuations. The fund maintains a concentrated portfolio, typically holding around 32–34 equity positions across sectors, and targets firms with market capitalizations typically exceeding $5 billion at the time of purchase. Portfolio characteristics reflect a strong emphasis on large, established growth companies, with a median market capitalization of $71.5 billion and a weighted average market capitalization exceeding $740 billion. Baron Fifth Avenue Growth Fund Class R6 is actively managed, differentiating itself through a relatively high active share and a moderate portfolio turnover. Its investment process particularly appeals to investors seeking exposure to growth-oriented equities with the potential for long-term expansion. The fund is benchmarked against the Russell 1000 Growth Index and is positioned as a vehicle for those looking to participate in the performance of leading growth companies, primarily within the U.S. market. The fund’s expense ratio is competitive among actively managed peers, supporting its role as a large-cap growth fund within diversified portfolios.
Performance
BFTUX had a total return of 24.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRGWX | Vanguard | Vanguard Russell 1000 Growth Index Fund Institutional Shares | 0.07% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BFTIX | Institutional Shares | 0.75% |
Top 10 Holdings
59.00% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 9.42% |
| Amazon.com, Inc. | AMZN | 8.97% |
| Meta Platforms, Inc. | META | 8.58% |
| Shopify Inc. | SHOP | 7.36% |
| Intuitive Surgical, Inc. | ISRG | 5.31% |
| MercadoLibre, Inc. | MELI | 4.47% |
| Cloudflare, Inc. | NET | 4.43% |
| ServiceNow, Inc. | NOW | 4.03% |
| Alphabet Inc. | GOOGL | 3.22% |
| Tesla, Inc. | TSLA | 3.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.4529 | Dec 18, 2024 |
| Nov 23, 2021 | $1.722 | Nov 24, 2021 |
| Nov 24, 2020 | $0.1804 | Nov 25, 2020 |
| Jul 30, 2020 | $0.0363 | Jul 31, 2020 |
| Nov 26, 2019 | $0.9879 | Nov 27, 2019 |