👉 Baron Funds' Real Estate Fund rose 3.61% in Q2 2025
👉 The fund outperformed the MSCI US REIT Index and the MSCI USA IMI Extended Real Estate Index
👉 The fund highlighted stocks like Extra Space Storage Inc. (NYSE:EXR) in its investor letter
👉 The fund sold its position in Extra Space Storage Inc. (NYSE:EXR) due to concerns over self-storage demand and market rents