BARON DISCOVERY FUND
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.3%
1 yr return
3.7%
3 Yr Avg Return
-9.1%
5 Yr Avg Return
7.6%
Net Assets
$1.52 B
Holdings in Top 10
29.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 36.52%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BDFUX - Profile
Distributions
- YTD Total Return -0.3%
- 3 Yr Annualized Total Return -9.1%
- 5 Yr Annualized Total Return 7.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.94%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBARON DISCOVERY FUND
-
Fund Family NameBARONFUNDS
-
Inception DateAug 31, 2016
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLaird Bieger
Fund Description
BDFUX - Performance
Return Ranking - Trailing
Period | BDFUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.3% | -10.1% | 31.9% | 93.05% |
1 Yr | 3.7% | -9.8% | 35.0% | 77.72% |
3 Yr | -9.1%* | -25.3% | 59.6% | 86.39% |
5 Yr | 7.6%* | -4.6% | 44.6% | 33.33% |
10 Yr | N/A* | 1.3% | 24.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | BDFUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.6% | -20.5% | 54.6% | 6.26% |
2022 | -35.1% | -82.1% | 32.2% | 73.68% |
2021 | 1.2% | -90.6% | 300.1% | 28.75% |
2020 | 60.7% | -63.0% | 127.9% | 4.17% |
2019 | 26.7% | -7.7% | 42.9% | 29.55% |
Total Return Ranking - Trailing
Period | BDFUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.3% | -10.1% | 31.9% | 93.05% |
1 Yr | 3.7% | -9.8% | 35.0% | 77.72% |
3 Yr | -9.1%* | -25.3% | 59.6% | 86.39% |
5 Yr | 7.6%* | -4.6% | 44.6% | 33.33% |
10 Yr | N/A* | 1.3% | 24.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BDFUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.6% | -19.0% | 136.8% | 7.51% |
2022 | -35.1% | -59.9% | 44.3% | 81.85% |
2021 | 4.9% | -22.7% | 411.9% | 71.43% |
2020 | 66.2% | 1.5% | 150.8% | 7.97% |
2019 | 26.9% | 5.5% | 55.3% | 62.04% |
NAV & Total Return History
BDFUX - Holdings
Concentration Analysis
BDFUX | Category Low | Category High | BDFUX % Rank | |
---|---|---|---|---|
Net Assets | 1.52 B | 207 K | 34.3 B | 32.80% |
Number of Holdings | 62 | 7 | 1172 | 80.75% |
Net Assets in Top 10 | 451 M | 52.5 K | 3.53 B | 33.87% |
Weighting of Top 10 | 29.24% | 9.0% | 100.1% | 26.25% |
Top 10 Holdings
- DraftKings Inc 3.64%
- Kinsale Capital Group Inc 3.41%
- FIXED INC CLEARING CORP.REPO 3.36%
- Gitlab Inc 2.94%
- Axon Enterprise Inc 2.93%
- CyberArk Software Ltd 2.76%
- Advanced Energy Industries Inc 2.62%
- SiteOne Landscape Supply Inc 2.55%
- Floor Decor Holdings Inc 2.52%
- Axonics Inc 2.52%
Asset Allocation
Weighting | Return Low | Return High | BDFUX % Rank | |
---|---|---|---|---|
Stocks | 96.74% | 81.17% | 106.19% | 71.84% |
Other | 3.36% | -0.03% | 6.02% | 3.57% |
Preferred Stocks | 0.00% | 0.00% | 4.12% | 21.03% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 10.16% |
Cash | 0.00% | 0.00% | 29.28% | 96.61% |
Bonds | 0.00% | 0.00% | 3.51% | 11.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BDFUX % Rank | |
---|---|---|---|---|
Technology | 30.55% | 2.91% | 75.51% | 17.47% |
Healthcare | 21.48% | 0.00% | 47.90% | 56.33% |
Industrials | 18.79% | 0.00% | 36.64% | 30.48% |
Consumer Cyclical | 10.47% | 0.00% | 24.04% | 70.59% |
Real Estate | 5.35% | 0.00% | 15.31% | 18.89% |
Financial Services | 5.02% | 0.00% | 42.95% | 70.23% |
Consumer Defense | 4.48% | 0.00% | 13.56% | 37.97% |
Communication Services | 3.86% | 0.00% | 15.31% | 22.64% |
Utilities | 0.00% | 0.00% | 5.57% | 39.57% |
Energy | 0.00% | 0.00% | 55.49% | 77.72% |
Basic Materials | 0.00% | 0.00% | 9.24% | 85.92% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BDFUX % Rank | |
---|---|---|---|---|
US | 96.74% | 18.92% | 106.19% | 62.21% |
Non US | 0.00% | 0.00% | 75.84% | 31.19% |
BDFUX - Expenses
Operational Fees
BDFUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.06% | 0.05% | 23.20% | 64.29% |
Management Fee | 1.00% | 0.05% | 1.62% | 87.68% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 2.93% |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
BDFUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BDFUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BDFUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 36.52% | 3.00% | 439.00% | 30.88% |
BDFUX - Distributions
Dividend Yield Analysis
BDFUX | Category Low | Category High | BDFUX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.91% | 25.31% |
Dividend Distribution Analysis
BDFUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
BDFUX | Category Low | Category High | BDFUX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.94% | -2.47% | 1.10% | 68.90% |
Capital Gain Distribution Analysis
BDFUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 23, 2021 | $1.295 | OrdinaryDividend |
Nov 24, 2020 | $1.061 | CapitalGainLongTerm |
Nov 26, 2019 | $0.029 | CapitalGainLongTerm |
Nov 29, 2018 | $1.500 | CapitalGainLongTerm |
Nov 28, 2017 | $0.040 | OrdinaryDividend |
BDFUX - Fund Manager Analysis
Managers
Laird Bieger
Start Date
Tenure
Tenure Rank
Sep 30, 2013
8.67
8.7%
Vice President, Portfolio Manager Laird joined Baron in 2000 as a research analyst and was named portfolio manager in 2013. He has 19 years of research experience. From 1999 to 2000, Laird worked at Water Street Capital as a research analyst. From 1992 to 1997, Laird worked at Ford Motor Company in various roles. Laird graduated from Vanderbilt University with a B.A. in Economics in 1992 and from Columbia Business School with an M.B.A. in 1999.
Randolph Gwirtzman
Start Date
Tenure
Tenure Rank
Sep 30, 2013
8.67
8.7%
Vice President, Portfolio Manager Randy joined Baron in 2002 as a research analyst and was named portfolio manager in 2013. He has 19 years of research experience. From 1997 to 2002, Randy was a research analyst at three firms; first at Tyndall Partners, then Goldman Sachs Asset Management and finally at ING Furman Selz.From 1992 to 1997, Randy worked at Salomon Green & Ostrow as a bankruptcy litigation attorney. Randy graduated from the University of Pennsylvania with a B.A. in Economics in 1989, cum laude from the Benjamin N. Cardozo School of Law with a J.D. in 1992 and from Columbia Business School with an M.B.A. in 1999.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.02 | 5.25 |