BFGUX — Baron Focused Growth Fund
Data updated: 2026-08-28
BFGUX — Baron Focused Growth Fund. United States Mid Cap Growth Equity · $5.63B AUM · 1.05% expense ratio. Holdings, fees, performance and SEC filings.
BFGUX Fund Overview
BFGUX — Baron Focused Growth Fund is a US mutual fund managed by Baron Select Funds, categorised as United States Mid Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Baron Select Funds
- Category: United States Mid Cap Growth Equity
- Assets under management: $5.63B
- 1-year return: 26.7%
- Ticker: BFGUX
- SEC CIK: 0001217673
- SEC series ID: S000022521
- Share class ID: C000174761
BFGUX Holdings
Top 10 holdings of Baron Focused Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Space Exploration Technologies Corp | 28.13% |
| Tesla Inc | 6.25% |
| MSCI Inc | 4.94% |
| Shopify Inc | 4.52% |
| Hyatt Hotels Corp | 4.23% |
| Spotify Technology SA | 4.11% |
| Interactive Brokers Group Inc | 3.80% |
| Birkenstock Holding Plc | 3.44% |
| Vail Resorts Inc | 3.13% |
| Red Rock Resorts Inc | 3.07% |
BFGUX Portfolio Allocation
Asset-class allocation of Baron Focused Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 102.6% |
| Cash & Equivalents | 0.4% |
BFGUX Performance
Total returns for BFGUX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.6% |
| 1 year | 26.7% |
| 3 years (annualised) | 21.1% |
| 5 years (annualised) | 12.8% |
BFGUX Risk Information
Risk metrics for BFGUX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.9%
BFGUX Costs and Fees
BFGUX costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.05%
- Portfolio turnover: 8%
- Brokerage commissions: 1.87 bps of average net assets (SEC N-CEN)
BFGUX Cashflows
Over the 12 months to 2026-06, Baron Focused Growth Fund had net inflows of $2.15B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $52.88M |
| 2026-05 | $625.10M |
| 2026-04 | $445.97M |
| 2026-03 | $177.61M |
| 2026-02 | $268.77M |
| 2026-01 | $200.40M |
BFGUX Debt Constituents
No individual debt constituents are reported in Baron Focused Growth Fund's latest SEC N-PORT filing.
BFGUX Prospectus and SEC Filings
Official Baron Focused Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-22
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-11
Related Funds
Other United States Mid Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.