David Baron Reiterates Support for Tesla Following Q4 Earnings

Portfolio manager David Baron tells Bloomberg that he believes Tesla’s outlook for slower growth this year is a near-term dip before another strong rally. Read the Article

Portfolio holdings as a percentage of net assets as of December 31, 2023 for securities mentioned are as follows: Tesla, Inc. - Baron Fifth Avenue Growth Fund® (4.3%), Baron Focused Growth Fund® (11.4%), Baron Global Advantage Fund® (4.4%), Baron Opportunity Fund® (5.7%), Baron Partners Fund® (38.1%*), Baron Technology Fund® (4.9%).

*% of Long Positions

Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk.

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Investors should consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. The prospectus and summary prospectuses contain this and other information about the Funds. You may obtain them from the Funds’ distributor, Baron Capital, Inc., by calling 1-800-99BARON or visiting www.BaronFunds.com. Please read them carefully before investing.

Risks:All investments are subject to risk and may lose value.

The discussion of market trends is not intended as advice to any person regarding the advisability of investing in any particular security. The views expressed on this page reflect those of the respective writer. Some of our comments are based on management expectations and are considered “forward-looking statements.” Actual future results, however, may prove to be different from our expectations. Our views are a reflection of our best judgment at the time and are subject to change at any time based on market and other conditions and Baron has no obligation to update them

Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk.