Baron Health Care Fund Underperforms Due to Omission of Amgen (AMGN)
The Baron Health Care Fund declined 6.97% in Q1 2026, underperforming both the Russell 3000 Health Care Index and the broader market due to poor stock selection, particularly missing out on gains from Amgen's strong quarterly performance.
Tickers: $AMGN
Topics: Amgen (AMGN) Baron Health Care Fund portfolio underperformance stock selection