Baron Asset Fund (BARIX)
Baron Asset Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $100.78, down 1.20% on the session, giving a market capitalisation of $4.10B. Its beta of 0.76 implies it has historically moved less than the broad market.
This fund aims for long-term growth by primarily investing in common stocks (equities) of U.S. mid-sized growth companies. The adviser, BAMCO, Inc., delineates "mid-sized" companies by specific market capitalization rules: at the point of acquisition, a company's market value must be greater than $2.5 billion or exceed the smallest market cap stock in the Russell Midcap Growth Index after its reconstitution, choosing the higher of these two figures. Additionally, its market capitalization must be less than that of the largest stock in the Russell Midcap Growth Index following reconstitution.
Baron Asset Fund is most often compared with the following Financial Services names: