Baron Small Cap Fund Named Among Morningstar Fund Investor's "Favorite Small-Growth Funds"

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Baron Small Cap Fund Named Among Morningstar Fund Investor's "Favorite Small-Growth Funds"

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.

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Baron Capital Announces Leadership Changes

Baron Fifth Avenue Growth Fund^® Among 2023’s Best-Performing U.S. Stock Funds

Morningstar^® lists Baron Fifth Avenue Growth Fund^® as one of the best-performing U.S. stock funds of 2023. Read the Article

Michael Lippert Sees More Growth Ahead for Amazon and NVIDIA

Portfolio manager Michael Lippert explains the investment approach for Baron Opportunity Fund® and shares his outlook for Amazon, NVIDIA, and other holdings in a Q&A with Barron’s. Read the Article

Portfolio holdings as a percentage of net assets as of December 31, 2023, for securities mentioned are as follows: Amazon.com, Inc. - Baron Opportunity Fund^® (6.5%); NVIDIA Corporation – Baron Opportunity Fund^® (8.6%)

News

Baron Real Estate Fund^® Tops the Charts

1/18/2024

Baron Real Estate Fund® takes the top spot in Financial Planning’s top 20 real estate funds of the decade. Read the Article
Investing in Stocks with “Explosive Upside” Potential

1/18/2024

“Explosive upside” is what portfolio manager Alex Umansky looks for when selecting stocks for Fifth Avenue Growth Fund^®. In this article from Business Insider, Alex says artificial intelligence will be just as significant as the invention of the internet and lists key Fund holdings with the potential for explosive growth in the years ahead. Read the Article.
Wall Street Journal Highlights Alex Umansky as One of the Best Stock-Fund Managers for the Past Year

11/30/2023

Alex Umansky, portfolio manager of Baron Durable Advantage Fund^®, elaborates on the Fund's active management strategy and the specific criteria used to select investment-worthy companies.
Insider: Baron Partners Fund^® Crushed 99% of Its Peers Over Last 15 Years

10/18/2023

Michael Baron, portfolio manager of Baron Partners Fund®, talks to Insider about investment selection criteria, and the Fund’s top holdings for long-term investment.
Neal Kaufman Sees Health Care Investment Opportunity in the GLP-1 Molecule

10/27/2023

The explosion in demand for weight loss drugs associated with the GLP-1 molecule has put the spotlight on a top holding in Baron Health Care Fund^®. Read more from CityWire.
Bloomberg: Baron Partners Fund Beats Nasdaq 100 Over 5, 10, and 15 Years

9/20/2023

A recent Bloomberg article looks at how active management strategy by Baron Capital portfolio managers Ron Baron and Michael Baron beat the Nasdaq 100 over 5, 10, and 15 years. Read Now
Ron Baron on CNBC Squawk Box

9/13/2023

Baron Capital CEO Ron Baron discusses long-term investing and top stock picks in a September 13, 2023, interview on CNBC Squawk Box.
Bloomberg Intelligence: Baron Partners Fund^® Beats Mighty QQQ

9/1/2023

Bloomberg Intelligence discusses the benefits of active management in the performance of Baron Partners Fund® versus the popular QQQ ETF.
Michael Lippert Discusses Growth Investing and Riding the AI Boom with WealthTrack

7/28/2023
Randy Gwirtzman Tells TheStreet Small Caps are Poised to Climb

7/1/2023

In a July 1, 2023, interview with TheStreet, portfolio manager Randy Gwirtzman shares his favorite small-cap stocks and discusses which industries are currently attractive–software, semiconductors, industrials, and health care. Read Article.

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

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