Baron Health Care Fund’s Q2 2025 Investor Letter

Baron Funds, an investment management company, released its “Baron Health Care Fund” second-quarter 2025 investor letter. The fund declined 5.06% (Institutional Shares) in the quarter, against a challenging backdrop for the broader Health Care sector, compared to a 6.19% decline for the Russell 3000 Health Care Index (benchmark) and a 10.99% gain for the Russell 3000 Index (the Index). In addition, please check the fund’s top five holdings to know its best picks in 2025.

A copy of Baron Health Care Fund’s Q2 2025 investor letter can be downloaded here.