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Baron Growth Fund

BGRFX
Balanced
BlackRock

The fund invests for the long term primarily in equity securities in the form of common stock of U.S. small-sized growth companies. BAMCO, Inc. ("BAMCO" or the "Adviser") defines small-sized companies as those, at the time of purchase, with market capitalizations up to the largest market cap stock in the Russell 2000 Growth Index at reconstitution, or companies with market capitalizations up to $2.5 billion, whichever is larger.

Expense Ratio
0.02%
What's an expense ratio?
5-Year Return
-5.40%
How to read fund performance
Volatility
+17.91%
What is volatility?
Total Assets
$2.5K
Performance History
1-Year Return-23.34%
3-Year Return-7.10%
5-Year Return-5.40%
10-Year Return+6.96%
Fund Details
Minimum Investment$1,000
Fund ManagerBlackRock Management Team
Inception Date1994-12-29
Assets Under Management$2,454 M
Data Last UpdatedMay 11, 2026
How to Invest in BGRFX

Buy directly from BlackRock

BlackRock funds can be purchased directly through their website, typically with no transaction fee. Minimum investment: $1,000.

Visit BlackRock's website to open an account and purchase BGRFX.

Affiliate disclosure: Some links on this page are affiliate links. If you open an account through a link on this site, we may earn a commission at no additional cost to you. This does not influence our fund data or analysis. Learn more.

Investment Calculators

Fee Impact Calculator

Fee Impact Calculator
See how fees would impact your investment in Baron Growth Fund
Calculating for:
BGRFX

Baron Growth Fund

Pre-filled with BGRFX's historical average return

BGRFX's actual expense ratio

Comparison fund (e.g., actively managed)

Results
Future value after 30 years
Enter your values and click “Calculate Impact” to see results

Note: This calculator uses simplified assumptions based on BGRFX's historical performance. It does not account for taxes, inflation, or varying returns. Past performance does not guarantee future results.

Return Simulator

Return Projection Simulator
Project your portfolio's future value with Baron Growth Fund
Projecting for:
BGRFX

Baron Growth Fund

How much are you investing today?

How much will you contribute each month?

How long will you invest for?

Pre-filled with BGRFX's historical average return

Projection Results
Estimated portfolio value after 30 years
Enter your parameters and click “Simulate Returns” to see projections

Important: This projection uses simplified assumptions based on BGRFX's historical performance. Actual investment returns vary year-to-year. Past performance does not guarantee future results. This tool is for educational purposes only.

Top Holdings

ACGLArch Capital Group Ltd
0.00%
MSCIMSCI Inc
0.00%
KNSLKinsale Capital Group Inc
0.00%
CHHChoice Hotels International Inc
0.00%
FIGSFIGS Inc Class A
0.00%
ITGartner Inc
0.00%
FDSFactSet Research Systems Inc
0.00%
PRIPrimerica Inc
0.00%
RRRRed Rock Resorts Inc Class A
0.00%
IDXXIDEXX Laboratories Inc
0.00%

Top holdings shown as percentage of fund assets. Data sourced from fund filings. Holdings may change over time.

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VWELX
Vanguard

Vanguard Wellington Income Fund

Expense Ratio0.00%
5-Year Return+8.36%
VWENX
Vanguard

Vanguard Wellington Fund Admiral Shares

Expense Ratio0.00%
5-Year Return+8.44%
DODBX
Dodge & Cox

Dodge & Cox Balanced Fund

Expense Ratio0.01%
5-Year Return+6.51%
FPURX
Fidelity

Fidelity Puritan

Expense Ratio0.01%
5-Year Return+8.76%

Learn More About Balanced Funds

Diversification: Building a Balanced Portfolio

How balanced funds blend stocks and bonds to manage risk.

What Is a Fund's Benchmark?

Balanced funds use blended benchmarks — learn how to evaluate them correctly.

Frequently Asked Questions

What is BGRFX?

BGRFX is the ticker symbol for Baron Growth Fund, a Balanced mutual fund managed by BlackRock. The fund invests for the long term primarily in equity securities in the form of common stock of U.S. small-sized growth companies. BAMCO, Inc. ("BAMCO" or the "Adviser") defines small-sized companies as those, at the time of purchase, with market capitalizations up to the largest market cap stock in the Russell 2000 Growth Index at reconstitution, or companies with market capitalizations up to $2.5 billion, whichever is larger.

What is the expense ratio for BGRFX?

BGRFX has an expense ratio of 0.02% per year. On a $10,000 investment, that amounts to roughly $2 annually in fund fees. This is considered a very low-cost fund.

How has BGRFX performed historically?

BGRFX has posted a 1-year return of -23.34%, 3-year return of -7.10%, 5-year return of -5.40%, 10-year return of +6.96%. Past performance does not guarantee future results. Returns are annualized for periods greater than one year.

What is the minimum investment for BGRFX?

BGRFX requires a minimum initial investment of $1,000. Some brokerages or retirement accounts may waive or reduce this minimum.

Is BGRFX a good investment?

Whether BGRFX is right for you depends on your investment goals, time horizon, and risk tolerance. Key factors to evaluate include its 0.02% expense ratio, Balanced category exposure, historical returns, and how it fits within your broader portfolio. We recommend comparing it against similar funds in the same category and consulting a qualified financial advisor.

Important: Past performance does not guarantee future results. This information is provided for educational purposes only and should not be considered investment advice. Please consult with a financial advisor before making investment decisions.

Compare Mutual Funds LogoCMF

Compare mutual funds with transparent, data-driven insights. Make informed investment decisions.

Product

  • Compare Funds
  • Learning Center
  • Fee Calculator
  • Return Simulator

Company

  • About Us
  • Editorial Methodology

Legal

  • Disclosures
  • Privacy Policy
  • Terms of Service

© 2026 CompareMutualFunds. All rights reserved.

Investment information provided for educational purposes only. Past performance does not guarantee future results.