👉 Baron Real Estate Income Fund's second-quarter 2025 investor letter highlights Blackstone Mortgage Trust, Inc. (NYSE:BXMT) as a strong pick.
👉 The fund decreased 0.23% in the quarter, compared to a 1.46% decline for the MSCI US REIT Index.
👉 The fund has achieved a cumulative return of 87.02% since its inception, more than double the return of the REIT Index.