BDFFX
BARON DISCOVERY FUND
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)

Average annual returns

Through 2025
1 year
10.69%
3 year
16.21%
5 year
1.22%
10 year
13.91%

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

81 months through March 31, 2026
Volatility (ann.)
21.19%
Sharpe
0.38
Sortino
0.62
Max drawdown
-41.69%
Best month
15.63%
Worst month
-18.60%
Beta vs VTSAX
1.50
Correlation
0.89

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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