Morningstar

Baron Generational Growth Fund Class R6 BGRUX

Morningstar Medalist Rating
Medalist Rating as of | See Baron Capital Investment Hub
  • NAV / 1-Day Return 61.31  /  +2.25 %
  • Total Assets 1.9B
  • Adj. Expense Ratio
    0.830%
  • Expense Ratio 1.130%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Mid-Cap Growth
  • Investment Style Small Blend
  • Min. Initial Investment 5M
  • Status Open
  • TTM Yield 0.88%
  • Turnover 1%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis BGRUX

Will BGRUX 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 BGRUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BGRUX 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 BGRUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Tempered conviction results in a downgrade.

Analyst Eric Schultz

Eric Schultz

Analyst

Summary

Unwillingness from Baron Growth’s managers to reposition the portfolio amid outflows has led to an increasingly concentrated and aggressive allocation, which warrants downgrading the strategy’s Process rating to Average from Above Average; the People rating remains Above Average.

by Eric Schultz
Rated on Published on

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Portfolio Holdings BGRUX

More BGRUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 88.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Arch Capital Group Ltd

18.35 457M
Financial Services

MSCI Inc

16.47 410M
Financial Services

Kinsale Capital Group Inc

11.45 285M
Financial Services

Choice Hotels International Inc

11.22 279M
Consumer Cyclical

Red Rock Resorts Inc Class A

6.14 153M
Consumer Cyclical

FactSet Research Systems Inc

5.53 138M
Financial Services

Gartner Inc

5.17 129M
Technology

FIGS Inc Class A

5.08 127M
Consumer Cyclical

Primerica Inc

5.04 125M
Financial Services

IDEXX Laboratories Inc

4.16 103M
Healthcare

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