Insights

  • 3Q17 Baron Small Cap Fund Letter

  • 2Q17 Baron Small Cap Fund Letter

    Read the latest commentary from Cliff Greenberg, portfolio manager of this small cap Fund focusing on small-sized U.S. growth companies including value-oriented special situations and fallen angels where lack of investor awareness creates opportunities.

  • Investing for Lower Risk Long-Term Growth in a Volatile Asset Class

    December 31, 2015 -

    Cliff Greenberg, Portfolio Manager of Baron Small Cap Fund, seeks to leverage the advantages of the small cap universe while minimizing potential disadvantages.

  • 2Q14 Baron Investor: Small Cap Investing at Baron

    Baron got its start investing in small cap stocks. Learn more about our three small cap Funds.

News

  • 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," at www.morningstar.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.

  • 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.