News
-
Ron Baron Appears on CNBC Squawk Box
February 07, 2023 -In a February 7, 2023 interview, Baron Capital CEO Ron Baron discusses investing for the long term in a volatile market.
-
Ron Baron and Baron Partners Fund Featured in Citywire
August 08, 2022 -Citywire interviews CEO and Baron Partners Fund Portfolio Manager Ron Baron about his time-tested investment approach that led him to Tesla, Inc. in 2014, well before the mainstream. Read the August 2, 2022 article [subscription required to access].
As of June 30, 2022, the following Baron Funds had holdings in Tesla, Inc.: Baron Partners Fund – 46.3%; Baron Focused Growth Fund – 23.6%; Baron Fifth Avenue Fund – 5.0%; Baron Opportunity Fund – 5.0%; Baron Technology Fund – 3.1%.
Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk.
-
Baron Funds: The Masters of Growth Investing
June 22, 2022 -Kiplinger columnist Andrew Tanzer speaks with our executive team on our long-term, fundamental, active approach to growth investing. Read the full article on Kiplinger.
-
Ron Baron Says Bear Market Is a Once-in-a-Generation Buying Opportunity
June 17, 2022 -In a June 17, 2022, article on CNBC, Ron Baron said he thinks the current opportunity in growth stocks is as big as when he started Baron Capital 40 years ago. Read the full article. [subscription required to access].
-
Baron Capital: A Firm that Likes To “Think Different”
November 18, 2021 -Baron Capital’s “think different” approach can be a big plus in investing, says Michael Brush, a columnist for MarketWatch. Read the November 18, 2021 MarketWatch piece, which draws on examples across a number of our funds.
-
Baron Small Cap Fund Featured Among “6 Funds to Play a Rally”
September 07, 2021 -In a September 7, 2021, article, Barrons featured Baron Small Cap Fund as a fund that has outpaced peers and could be well positioned for a recovery in the small cap space. Read the full Baron article. [Subscription required to access]
-
Ron Baron Interviewed on Bloomberg’s Masters in Business Podcast
January 29, 2021 -In a January 29, 2021, interview on the Masters in Business podcast, Baron Capital CEO Ron Baron discusses why he became a believer in long-term investing from his early days of investing in what were then small-cap companies such as McDonald’s, Disney, Federal Express, and Nike.
-
Morningstar UPGRADES ITS RATINGS OF BARON GROWTH FUND AND BARON ASSET FUND TO “SILVER”
September 30, 2020 -In its annual update of its profiles of Baron Growth Fund and Baron Asset Fund, Morningstar upgraded both Funds to its “Silver” Analyst Rating. To view the profiles, visit www.morningstar.com. (Subscription required to access).
Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars (process, performance, people, parent and price). Morningstar’s analysts use this valuation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Morningstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Morningstar’s current expectations about future events. Morningstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts’ highest level of conviction. A fund with a ‘Silver’ rating has notable advantages across several, but perhaps not all, of the five pillars that give the analysts a high level of conviction. A “Bronze”-rated fund has advantages that outweigh the disadvantages across the five pillars, with sufficient level of analyst conviction to warrant a positive rating. A fund with a ‘Neutral’ rating isn’t seriously flawed across the five pillars, nor does it distinguish itself very positively. A “Negative” rated fund is flawed in at least one if not more pillars and is considered an inferior offering to its peers. Analyst Ratings are reevaluated at least every 14 months. © 2020 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
-
CNBC Pro Interviews Mike Lippert
July 06, 2020 -Mike Lippert, Baron Capital’s Head of Technology Research and Portfolio Manager of Baron Opportunity Fund, speaks about the importance of thinking about what the post-COVID-19 world will look like from an investment standpoint on CNBC Squawk Alley. (subscription required for access)
-
Money Life with Chuck Jaffe: The Big Interview featuring Mike Lippert
May 14, 2020 -In a May 14, 2020, interview with veteran financial journalist Chuck Jaffe, Mike Lippert, portfolio manager of Baron Opportunity Fund, discusses investment opportunities in cloud computing and other technologies that stand to benefit from a more permanent, long-term shift to independent work spaces.
-
Reuters features Baron Opportunity Fund as a U.S. fund that beat the recent market plunge
April 17, 2020 -Mike Lippert describes his investment strategy for Baron Opportunity Fund in an April 14, 2020, Reuters article, “U.S. funds that beat market plunge seek recession-proof stocks.”
-
Baron’s Response to the Coronavirus Outbreak
March 18, 2020 - -
Barron’s Interviews Ron Baron
February 28, 2020 -Barron’s sat down with Ron Baron to get his thoughts on investing in growth companies. Ron, who is founder and CEO of Baron Capital, manages Baron Growth Fund, Baron Partners Fund, Baron Focused Growth Fund, and Baron WealthBuilder Fund. Read the full article.
-
Baron Capital Appoints Co-Chief Investment Officers
February 20, 2020 -We are pleased to announce that Cliff Greenberg and Andrew Peck have been named Co-Chief Investment Officers of Baron Capital.
-
Morningstar Reaffirms Baron Small Cap Fund’s “Silver” Rating
September 18, 2019 -In its annual update of Baron Small Cap Fund’s profile, Morningstar reaffirmed the Fund’s “Silver” Analyst Rating, citing Portfolio Manager Cliff Greenberg’s proven investment process over the 23 years he has managed the Fund and his instrumental role in the Firm’s success. To view the profile, visit www.morningstar.com. (Subscription required to access).
The Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars (process, performance, people, parent and price). Morningstar’s analysts use this valuation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Morningstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Morningstar’s current expectations about future events. Morningstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts’ highest level of conviction. A fund with a ‘Silver’ rating has notable advantages across several, but perhaps not all, of the five pillars that give the analysts a high level of conviction. A “Bronze”-rated fund has advantages that outweigh the disadvantages across the five pillars, with sufficient level of analyst conviction to warrant a positive rating. A fund with a ‘Neutral’ rating isn’t seriously flawed across the five pillars, nor does it distinguish itself very positively. A “Negative” rated fund is flawed in at least one if not more pillars and is considered an inferior offering to its peers. Analyst Ratings are reevaluated at least every 14 months. © Morningstar 2019. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied, adapted or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information, except where such damages or losses cannot be limited or excluded by law in your jurisdiction.Past financial performance is no guarantee of future results.
-
Baron Discovery Fund and Baron Global Advantage Fund Added to Morningstar’s Prospects List
February 10, 2019 -Baron is pleased to announce that Morningstar has added Baron Discovery Fund and Baron Global Advantage Fund to its “Prospects” list of up-and-coming or under-the-radar strategies that Morningstar Manager Research thinks might be worthy of full coverage someday. Currently, Baron Growth Fund, Baron Asset Fund, Baron Small Cap Fund, Baron Partners Fund, and Baron Emerging Markets Fund all have full coverage by Morningstar.
-
The Wall Street Journal Lists Baron Opportunity Fund and Baron Focused Growth Fund Among “Category Kings”
December 13, 2018 -In "The Journal Report," The Wall Street Journal's monthly review of mutual funds and ETFs, Baron Opportunity Fund and Baron Focused Growth Fund ranked among top performing funds in their respective peer groups for year-to-date total returns through November 30, 2018 according to Lipper.
Lipper Funds Category Average is not weighted and represents the straight average of annualized returns of each of the funds in the category.
-
Moelis & Company CEO Ken Moelis at the 2018 Baron Investment Conference
November 09, 2018 -At the 2018 Baron Investment Conference, Ron Baron joined Ken Moelis, chairman and CEO of Moelis & Company, on CNBC’s “Squawk Box” to discuss Moelis’ investment strategy and the outlook for M&A activity. Watch the full interview on www.cnbc.com.
Portfolio holdings as a percentage of net assets as of September 30, 2018 for Moelis & Company are as follows: Baron Growth Fund (0.6%), Baron Small Cap Fund (0.9%).
-
Morningstar Reaffirms Baron Small Cap Fund’s “Silver” Rating
October 11, 2018 -In its annual update of Baron Small Cap Fund’s profile, Morningstar reaffirmed the Fund’s “Silver” Analyst Rating, citing Portfolio Manager Cliff Greenberg’s proven investment process over the 22 years he has managed the Fund and his instrumental role in the Firm’s success. Read the profile at www.morningstar.com. (Subscription required to access).
The Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars (process, performance, people, parent and price). Morningstar’s analysts use this valuation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Morningstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Morningstar’s current expectations about future events. Morningstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts’ highest level of conviction. A fund with a ‘Silver’ rating has notable advantages across several, but perhaps not all, of the five pillars that give the analysts a high level of conviction. A “Bronze”-rated fund has advantages that outweigh the disadvantages across the five pillars, with sufficient level of analyst conviction to warrant a positive rating. A fund with a ‘Neutral’ rating isn’t seriously flawed across the five pillars, nor does it distinguish itself very positively. A “Negative” rated fund is flawed in at least one if not more pillars and is considered an inferior offering to its peers. Analyst Ratings are reevaluated at least every 14 months.
-
Cliff Greenberg Featured in Morningstar Magazine
June 05, 2018 -In the June / July 2018 issue of Morningstar magazine, Baron Small Cap Fund Portfolio Manager Cliff Greenberg discussed his investment approach, the evolution of his career, and life beyond business in the 'Ten Questions' spotlight column. Read the full article, "Baron's Cliff Greenberg on small-cap growth investing and a Grateful Dead cover band," from www.morningstar.com.
-
Baron Small Cap Fund Named Among Morningstar Fund Investor's "Favorite Small-Growth Funds"
May 11, 2018 -In Morningstar's May 2018 issue of FundInvestor, Baron Small Cap Fund was highlighted among top-rated small-growth funds in the 'Tracking Morningstar Analyst Ratings' column. You can view the full issue at www.morningstar.com. (Subscription required for access).
The Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars (process, performance, people, parent and price). Morningstar’s analysts use this valuation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Morningstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Morningstar’s current expectations about future events. Morningstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts’ highest level of conviction. A fund with a ‘Silver’ rating has notable advantages across several, but perhaps not all, of the five pillars that give the analysts a high level of conviction. A “Bronze”-rated fund has advantages that outweigh the disadvantages across the five pillars, with sufficient level of analyst conviction to warrant a positive rating. A fund with a ‘Neutral’ rating isn’t seriously flawed across the five pillars, nor does it distinguish itself very positively. A “Negative” rated fund is flawed in at least one if not more pillars and is considered an inferior offering to its peers. Analyst Ratings are reevaluated at least every 14 months.
Baron Capital Inc., bears no responsibility for the external website provided and makes no warranties, either express or implied, concerning the content of such site or any information, products or services linked to the website.
-
Michael Lippert Discusses Investing Approach with Forbes' Wally Forbes
December 07, 2017 -Portfolio Manager Michael Lippert shared insights and observations heading into 2018 with Forbes' Wally Forbes, former president of the Forbes Investors Advisory Institute. Read the full article at www.forbes.com.
-
Baron Small Cap Fund Earns "Silver" Rating from Morningstar
November 15, 2017 -We are pleased to announce that Baron Small Cap Fund has been awarded Morningstar Research’s “Silver” Analyst Rating.™ Fewer than 2% of funds in Morningstar’s U.S. mutual fund database earn “Silver” or “Gold” ratings. The Fund, managed by Cliff Greenberg since its September 30, 1997 inception, invests in small-sized U.S. companies with significant growth potential.
The Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars (process, performance, people, parent and price). Morningstar’s analysts use this valuation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Morningstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Morningstar’s current expectations about future events. Morningstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts’ highest level of conviction. A fund with a ‘Silver’ rating has notable advantages across several, but perhaps not all, of the five pillars that give the analysts a high level of conviction. A “Bronze”-rated fund has advantages that outweigh the disadvantages across the five pillars, with sufficient level of analyst conviction to warrant a positive rating. A fund with a ‘Neutral’ rating isn’t seriously flawed across the five pillars, nor does it distinguish itself very positively. A “Negative” rated fund is flawed in at least one if not more pillars and is considered an inferior offering to its peers. Analyst Ratings are reevaluated at least every 14 months.
-
Portfolio Manager Michael Lippert on PBS 'WealthTrack'
July 28, 2017 -Baron Opportunity Fund portfolio manager Michael Lippert discusses "finding high growth stocks in a low growth world" on PBS 'WealthTrack.' Watch the full program at www.wealthtrack.com.
-
Neal Rosenberg, David Goldsmith and Michael Baron appointed as Assistant Portfolio Managers
December 09, 2016 -We are pleased to announce that Neal Rosenberg, David Goldsmith, and Michael Baron have been appointed to the position of Assistant Portfolio Manager for Baron Growth Fund, Baron Small Cap Fund, and Baron Partners Fund, respectively. Neal, David, and Michael previously served as research analysts at the firm, and will continue to conduct equity research in their new roles. For more information, please contact us.
-
Ron Baron on CNBC
June 07, 2016 -Ron Baron discusses the market environment and why he’s optimistic about Tesla. Watch the clip on www.CNBC.com
Insights
3Q23 Baron Opportunistic Small Cap Growth Strategy Letter
3Q23 Baron Small Cap Fund Letter
2Q23 Baron Opportunistic Small Cap Growth Strategy Letter
2Q23 Baron Small Cap Fund Letter
1Q23 Baron Small Cap Fund Letter
1Q23 Baron Opportunistic Small Cap Growth Strategy Letter
4Q22 Baron Opportunistic Small Cap Growth Strategy Letter
4Q22 Baron Small Cap Fund Letter
4Q22 Portfolio Manager Insight Series with Cliff Greenberg and David Goldsmith
Watch the 4Q22 Portfolio Manager insight Series recording with Co-CIO and Portfolio Manager Cliff Greenberg and Assistant Portfolio Manager David Goldsmith as they share their insight on the Baron Small Cap Fund and Baron Opportunistic Small Cap Growth Strategy .
3Q22 Baron Opportunistic Small Cap Growth Strategy Letter
3Q22 Baron Small Cap Fund Letter
2Q22 Baron Opportunistic Small Cap Growth Strategy Letter
2Q22 Cliff Greenberg & David Goldsmith Conference Call Transcript
2Q22 Baron Small Cap Fund Letter
1Q22 Baron Opportunistic Small Cap Growth Strategy Letter
1Q22 Baron Opportunistic Small Cap Growth Strategy Letter
Cliff Greenberg & David Goldsmith: When a small-cap setback creates a positive set-up
1Q22 Baron Small Cap Fund Letter
Portfolio Manager Insight Series
Our quarterly insight series is your chance to watch live as our portfolio managers discuss the market and their strategies.
4Q21 Baron Small Cap Fund Letter
4Q21 Baron Small Cap Fund Quarterly Letter
3Q21 Cliff Greenberg & David Goldsmith conference call transcript
3Q21 Baron Opportunistic Small Cap Growth Strategy Letter
3Q21 Baron Small Cap Fund Letter
2Q21 Baron Opportunistic Small Cap Growth Strategy Letter
2Q21 Baron Small Cap Fund Letter
Small Cap Growth Investing in the Current Climate
1Q21 Baron Small Cap Fund Letter
1Q21 Baron Opportunistic Small Cap Growth Strategy Letter
4Q20 Baron Small Cap Fund Letter
What is a SPACs?
A Primer on SPACs
2020 was a record-breaking year for SPACs. Download the presentation by Cliff Greenberg and David Goldsmith, portfolio manager and assistant portfolio manager of Baron Small Cap Fund, for a quick guide on trends, risks and benefits of this newly popular alternative to the traditional IPO.
Investing in Small Caps in Uncertain Times
3Q20 Baron Small Cap Fund Letter
Baron Small Cap Funds Offer Attractive Risk / Return Profiles
An overview of the exceptional risk profile of Baron Discovery Fund, Baron Small Cap Fund, and Baron Growth Fund as of June 30, 2021.
2Q20 Baron Small Cap Fund Letter
Cliff Greenberg and David Goldsmith: Managing a Small Cap Fund in a Volatile Market
Baron Small Cap Growth Fund Portfolio Manager Cliff Greenberg and Assistant Portfolio Manager David Goldsmith discuss navigating the unique challenges and opportunities produced by the COVID-19 pandemic.
1Q20 Baron Small Cap Fund Letter
Cliff Greenberg and David Goldsmith: Keeping an Eye on the Long Term in Uncertain Times
Cliff Greenberg, portfolio manager, and David Goldsmith, assistant portfolio manager of Baron Small Cap Fund, explain the importance of staying calm and staying the course during a disruption.
Baron Investor: Baron Small Cap Fund
Cliff Greenberg, Portfolio Manager of Baron Small Cap Fund, discusses his differentiated approach to investing in small cap stocks.
4Q19 Baron Small Cap Fund Letter
3Q19 Baron Small Cap Fund Letter
2Q19 Baron Small Cap Fund Letter
1Q19 Baron Small Cap Fund Letter
4Q18 Baron Small Cap Fund Letter
Baron Small Cap Funds Offer Attractive Risk / Return Profiles
An overview of the exceptional risk profile of Baron Discovery Fund, Baron Small Cap Fund, and Baron Growth Fund.
3Q18 Baron Small Cap Fund Letter
2Q18 Baron Small Cap Fund Letter
1Q18 Baron Small Cap Fund Letter