<SEC-DOCUMENT>0001193125-23-153833-index.html : 20230525 <SEC-HEADER>0001193125-23-153833.hdr.sgml : 20230525 <ACCEPTANCE-DATETIME>20230525104400 ACCESSION NUMBER: 0001193125-23-153833 CONFORMED SUBMISSION TYPE: N-CSRS PUBLIC DOCUMENT COUNT: 21 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230525 DATE AS OF CHANGE: 20230525 EFFECTIVENESS DATE: 20230525 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) CENTRAL INDEX KEY: 0000810902 IRS NUMBER: 136891420 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: N-CSRS SEC ACT: 1940 Act SEC FILE NUMBER: 811-05032 FILM NUMBER: 23957480 BUSINESS ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 49TH FL CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2125832000 MAIL ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 49TH FL CITY: NEW YORK STATE: NY ZIP: 10153 FORMER COMPANY: FORMER CONFORMED NAME: BARON ASSET FUND DATE OF NAME CHANGE: 19920703 <SERIES-AND-CLASSES-CONTRACTS-DATA> <EXISTING-SERIES-AND-CLASSES-CONTRACTS> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000582 <SERIES-NAME>BARON ASSET FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001635 <CLASS-CONTRACT-NAME>BARON ASSET FUND <CLASS-CONTRACT-TICKER-SYMBOL>BARAX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077818 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BARIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000165210 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BARUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000583 <SERIES-NAME>BARON GROWTH FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001636 <CLASS-CONTRACT-NAME>BARON GROWTH FUND <CLASS-CONTRACT-TICKER-SYMBOL>BGRFX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077819 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BGRIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000165211 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BGRUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000584 <SERIES-NAME>BARON SMALL CAP FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001637 <CLASS-CONTRACT-NAME>BARON SMALL CAP FUND <CLASS-CONTRACT-TICKER-SYMBOL>BSCFX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077820 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BSFIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000165212 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BSCUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000585 <SERIES-NAME>BARON OPPORTUNITY FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001638 <CLASS-CONTRACT-NAME>BARON OPPORTUNITY FUND <CLASS-CONTRACT-TICKER-SYMBOL>BIOPX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077821 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BIOIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000174753 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BIOUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000586 <SERIES-NAME>BARON FIFTH AVENUE GROWTH FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001639 <CLASS-CONTRACT-NAME>BARON FIFTH AVENUE GROWTH FUND <CLASS-CONTRACT-TICKER-SYMBOL>BFTHX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077822 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BFTIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000165213 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BFTUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000042178 <SERIES-NAME>BARON DISCOVERY FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000130959 <CLASS-CONTRACT-NAME>BARON DISCOVERY FUND <CLASS-CONTRACT-TICKER-SYMBOL>BDFFX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000130960 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BDFIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000174754 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BDFUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000060168 <SERIES-NAME>Baron Durable Advantage Fund <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000196921 <CLASS-CONTRACT-NAME>Baron Durable Advantage Fund <CLASS-CONTRACT-TICKER-SYMBOL>BDAFX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000196922 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BDAIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000196923 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BDAUX </CLASS-CONTRACT> </SERIES> </EXISTING-SERIES-AND-CLASSES-CONTRACTS> </SERIES-AND-CLASSES-CONTRACTS-DATA> </SEC-HEADER> <DOCUMENT> <TYPE>N-CSRS <SEQUENCE>1 <FILENAME>d463484dncsrs.htm <DESCRIPTION>BARON INVESTMENT FUNDS TRUST <TEXT> Document 1 - file: d463484dncsrs.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CERT <SEQUENCE>2 <FILENAME>d463484dex99cert.htm <DESCRIPTION>CERTIFICATIONS (302) <TEXT> Document 2 - file: d463484dex99cert.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.906CT <SEQUENCE>3 <FILENAME>d463484dex99906ct.htm <DESCRIPTION>CERTIFICATIONS (906) <TEXT> Document 3 - file: d463484dex99906ct.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>4 <FILENAME>g463484g00a01.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 4 - file: g463484g00a01.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>5 <FILENAME>g463484g00a02.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 5 - file: g463484g00a02.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>6 <FILENAME>g463484g00a03.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 6 - file: g463484g00a03.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>7 <FILENAME>g463484g02g65.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 7 - file: g463484g02g65.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>8 <FILENAME>g463484g19k80.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 8 - file: g463484g19k80.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>g463484g24r12.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 9 - file: g463484g24r12.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>g463484g33i46.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 10 - file: g463484g33i46.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>11 <FILENAME>g463484g40w76.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 11 - file: g463484g40w76.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>12 <FILENAME>g463484g69b06.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 12 - file: g463484g69b06.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>13 <FILENAME>g463484g69p35.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 13 - file: g463484g69p35.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>14 <FILENAME>g463484g73j90.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 14 - file: g463484g73j90.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>15 <FILENAME>g463484g79b05.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 15 - file: g463484g79b05.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>16 <FILENAME>g463484g79i14.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 16 - file: g463484g79i14.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>g463484g80g98.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 17 - file: g463484g80g98.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>g463484g81f07.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 18 - file: g463484g81f07.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>19 <FILENAME>g463484g85g40.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 19 - file: g463484g85g40.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>20 <FILENAME>g463484g89x14.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 20 - file: g463484g89x14.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>21 <FILENAME>g463484g90m19.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 21 - file: g463484g90m19.jpg
</DOCUMENT> </SEC-DOCUMENT>