BGRUX Performance — Baron Growth Fund, R6 Shares
Data updated: 2026-08-28
BGRUX returned −14.26% year to date and −23.81% over one year to Jun 2026. Annualised returns are −7.10% over 3 years and −5.31% over 5 years. The fund trailed its US Mid-Cap Growth category average: $100 invested three years ago grew to $80, against $152 for the category, and to $76 over one year, against $118. Volatility over the past three years was 14.69% a year. In the 12 months to Jun 2026 the fund lost a net $2.0B, and assets reached $2.11B.
BGRUX Growth of $100
What $100 invested in Baron Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | BGRUX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $76 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $80 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $76 | $129 |
| Since data start (Jul 2019 – Jun 2026) | $119 | $203 |
BGRUX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −14.26% |
| 1 year | −23.81% |
| 3 years (annualised) | −7.10% |
| 5 years (annualised) | −5.31% |
BGRUX Annual Returns
Calendar-year total returns of Baron Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −14.26% |
| 2025 | −14.18% |
| 2024 | +5.01% |
| 2023 | +14.96% |
| 2022 | −22.39% |
| 2021 | +20.14% |
| 2020 | +33.08% |
| 2019 (Jul–Dec) | +7.89% |
BGRUX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −2.6% | −3.8% | −6.2% | +0.1% | +0.9% | −3.5% | — | — | — | — | — | — |
| 2025 | +2.1% | −3.0% | −3.3% | −5.4% | +5.3% | +1.2% | −3.5% | −0.6% | −4.8% | −4.6% | +1.0% | +1.0% |
| 2024 | +0.9% | +2.2% | +2.3% | −10.0% | +1.9% | +0.1% | +6.1% | +3.0% | +1.7% | −3.1% | +6.6% | −5.6% |
| 2023 | +9.2% | −0.8% | −0.4% | +0.4% | −2.5% | +5.0% | +3.3% | −2.6% | −4.2% | −6.0% | +8.6% | +5.5% |
| 2022 | −12.6% | −1.8% | +1.0% | −9.6% | −2.9% | −7.3% | +11.4% | −5.3% | −6.7% | +11.7% | +6.8% | −6.2% |
| 2021 | −2.1% | +4.2% | −1.1% | +6.6% | −1.7% | +2.8% | +2.8% | +4.0% | −3.0% | +7.3% | −4.8% | +4.3% |
| 2020 | +3.3% | −6.3% | −19.7% | +12.9% | +10.5% | +2.2% | +7.5% | +5.1% | −1.8% | −1.7% | +15.5% | +6.8% |
| 2019 | — | — | — | — | — | — | +0.9% | −0.4% | −1.2% | +3.0% | +4.6% | +0.9% |
BGRUX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.69%
- 3-year Sharpe ratio: -0.79 (vs 4.5% risk-free rate)
- Best month: +8.61% (Nov 2023)
- Worst month: −10.04% (Apr 2024)
BGRUX Fund Flows
Monthly money in and out of Baron Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.0B
- 12-month gross sales (incl. reinvestments): $3.5B
- Sales ÷ redemptions: 0.64×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $112.0M | $280.7M | −$168.6M |
| May 2026 | $112.7M | $232.5M | −$119.8M |
| Apr 2026 | $166.8M | $334.4M | −$167.6M |
| Mar 2026 | $281.0M | $645.1M | −$364.1M |
| Feb 2026 | $122.6M | $323.7M | −$201.1M |
| Jan 2026 | $374.9M | $690.9M | −$316.0M |
| Dec 2025 | $1.3B | $936.7M | $337.1M |
| Nov 2025 | $233.7M | $548.1M | −$314.4M |
| Oct 2025 | $29.0M | $260.7M | −$231.7M |
| Sep 2025 | $496.3M | $670.3M | −$174.0M |
| Aug 2025 | $36.0M | $148.6M | −$112.6M |
| Jul 2025 | $265.0M | $408.7M | −$143.7M |
BGRUX Assets Under Management
Net assets of Baron Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.11B |
| 2026-03-31 | $2.61B |
| 2025-12-31 | $3.91B |
| 2025-09-30 | $4.96B |
| 2025-06-30 | $5.90B |
| 2025-03-31 | $6.25B |
| 2024-12-31 | $6.97B |
| 2024-09-30 | $7.59B |
| 2024-06-30 | $7.08B |
| 2024-03-31 | $8.05B |
| 2023-12-31 | $7.87B |
| 2023-09-30 | $7.45B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.