Morningstar

Baron Focused Growth Fund Retail Shares BFGFX

Morningstar Medalist Rating
Medalist Rating as of | See Baron Capital Investment Hub
  • NAV / 1-Day Return 61.19  /  −0.92 %
  • Total Assets 5.4B
  • Adj. Expense Ratio
    1.310%
  • Expense Ratio 1.310%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 8%

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis BFGFX

Will BFGFX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BFGFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BFGFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BFGFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Where Baron bets big.

Associate Director Adam Sabban

Adam Sabban

Associate Director

Summary

This fund’s long-term prospects are cloudy given an aggressive style, high concentration, and a management team with question marks.

by Adam Sabban
Rated on Published on

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Portfolio Holdings BFGFX

More BFGFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 64.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Space Exploration Technologies Corp Class A

27.56 2B
Industrials

Tesla Inc

6.13 352M
Consumer Cyclical

MSCI Inc

4.84 278M
Financial Services

Shopify Inc Registered Shs -A- Subord Vtg

4.43 255M
Technology

Hyatt Hotels Corp Class A

4.14 238M
Consumer Cyclical

Spotify Technology SA

4.02 231M
Communication Services

Interactive Brokers Group Inc Class A

3.73 214M
Financial Services

Birkenstock Holding PLC

3.37 194M
Consumer Cyclical

Vail Resorts Inc

3.07 177M
Consumer Cyclical

Red Rock Resorts Inc Class A

3.01 173M
Consumer Cyclical

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