Baron Asset Fund Institutional Class (BARIX)

74.85
Net Asset Value
-0.15%
1 Day
+6.22%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.04%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation through long-term investments primarily in securities of mid-sized companies with undervalued assets or favorable growth prospects. The fund invests for the long term primarily in equity securities in the form of common stock of U.S. mid-sized growth companies. BAMCO- Inc. ("BAMCO" or the "Adviser") defines mid-sized companies as those- at the time of purchase- with market capitalizations above $2.5 billion or the smallest market cap stock in the Russell Midcap Growth Index at reconstitution- whichever is larger- and below the largest market cap stock in the Russell Midcap Growth Index at reconstitution.

Performance

1 month-2.04% 3 years+11.27%
3 months-0.54% 5 years+14.52%
1 year+20.86% Since inception+15.81%
Data through --

Peer Comparisonvs. Mid-cap growth

 BARIXCategory
Performance 5-yr return+14.52%+11.94%
Expense ratio1.04%1.21%
Risk 5 year sharpe ratio1.151.00
Net assets$3.2B$1.6B
Average market cap$13.5B$11.9B
Average P/E33.924.9
Portfolio turnover10%10%

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Fund Management and Purchase Info

Fund familyBaron Capital Group
Fund manager & tenureAndrew Peck / 14 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock98.01%
Cash1.74%
International stock0.26%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service 22.69%
Consumer service 17.82%
Financial service 14.68%
Healthcare 11.24%
Energy 9.14%
Top 10 Holdings
Portfolio weighting
IDXX IDEXX Laboratories Inc6.51%
IT Gartner Inc5.66%
MTN Vail Resorts Inc4.68%
MTD Mettler-Toledo International Inc4.46%
VRSK Verisk Analytics Inc4.20%
SCHW Charles Schwab3.63%
GWRE Guidewire Software Inc3.19%
ANSS ANSYS Inc2.68%
ACGL Arch Capital Group Ltd2.66%
FDS FactSet Research Systems Inc2.63%