Baron Focused Growth Fund (BFGFX)
The fund invests for the long term primarily in equity securities in the form of common stock of U.S. small- and mid-sized growth companies. The Adviser defines small- and mid-sized companies as those, at the time of purchase, with market capitalizations up to the largest market cap stock in the Russell Midcap Growth Index at reconstitution. Because of its long-term approach, the fund could have a significant percentage of its assets invested in securities that have appreciated beyond their original market cap ranges. It is non-diversified.
Share Price Chart
Loading data...
Performance
The chart shows the growth of $10,000 invested in Baron Focused Growth Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $255,967 for a total return of roughly 2,459.67%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Baron Focused Growth Fund had a return of 7.20% year-to-date (YTD) and -8.75% in the last 12 months. Over the past 10 years, Baron Focused Growth Fund had an annualized return of 14.77%, outperforming the S&P 500 benchmark which had an annualized return of 9.71%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -8.34% | -5.31% |
| Year-To-Date | 7.20% | 2.01% |
| 6 months | -7.22% | 0.39% |
| 1 year | -8.75% | -10.12% |
| 5 years (annualized) | 21.02% | 7.32% |
| 10 years (annualized) | 14.77% | 9.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 12.86% | 0.93% | ||||||||||
| 2022 | -7.35% | 5.74% | 0.32% | -10.03% |
Dividend History
Baron Focused Growth Fund granted a 11.46% dividend yield in the last twelve months. The annual payout for that period amounted to $3.51 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.51 | $3.51 | $6.92 | $1.24 | $0.36 | $0.17 | $0.32 | $0.75 | $0.76 | $0.09 | $0.17 |
Dividend yield | 11.46% | 12.28% | 17.35% | 3.69% | 2.38% | 1.46% | 2.90% | 8.44% | 8.63% | 0.95% | 1.94% |
Monthly Dividends
The table displays the monthly dividend distributions for Baron Focused Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | ||||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.51 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.41 | $0.00 | $5.50 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.98 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.16 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.18 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.26 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.07 |
| 2013 | $0.17 | $0.00 | $0.00 | $0.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Baron Focused Growth Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Baron Focused Growth Fund is 56.92%, recorded on Mar 9, 2009. It took 517 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.92% | Nov 30, 2007 | 318 | Mar 9, 2009 | 517 | Mar 25, 2011 | 835 |
| -48.11% | May 1, 2000 | 603 | Sep 30, 2002 | 525 | Nov 1, 2004 | 1128 |
| -43.62% | Feb 20, 2020 | 20 | Mar 18, 2020 | 75 | Jul 6, 2020 | 95 |
| -35.93% | Nov 2, 2021 | 291 | Dec 28, 2022 | — | — | — |
| -26.05% | Jul 21, 2015 | 143 | Feb 11, 2016 | 301 | Apr 24, 2017 | 444 |
| -24.47% | Apr 29, 2011 | 109 | Oct 3, 2011 | 239 | Sep 14, 2012 | 348 |
| -23.64% | Jul 31, 1998 | 22 | Aug 31, 1998 | 65 | Nov 30, 1998 | 87 |
| -22.2% | Aug 2, 1999 | 44 | Sep 30, 1999 | 129 | Mar 31, 2000 | 173 |
| -20.76% | Aug 28, 2018 | 82 | Dec 24, 2018 | 145 | Jul 24, 2019 | 227 |
| -18.34% | Feb 9, 2021 | 66 | May 13, 2021 | 108 | Oct 15, 2021 | 174 |
Volatility Chart
Current Baron Focused Growth Fund volatility is 24.33%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.