Bamco, Inc.

BAMCO, Inc. is an investment adviser registered with the SEC since 1987, managing long-only investment strategies for capital appreciation. The firm provides advisory services to investment companies, pooled investment vehicles, and registered investment companies, including the Baron Funds. Clients' fees range from 0.375% to 1.85% annually based on the type of account, payable monthly or quarterly. BAMCO does not charge performance-based fees and has full investment discretion over client accounts totaling $39,112,410,746 as of February 28, 2024. The firm's investment philosophy focuses on fundamental analysis of growth businesses, with a primary objective of understanding growth drivers and profitability. BAMCO employs 17 portfolio managers overseeing more than 22 investment strategies, primarily investing in common stocks for capital appreciation. The firm's strategies cover various sectors, including small-cap, mid-cap, large-cap, real estate, healthcare, technology, and international markets. BAMCO's research practices include utilizing soft dollars for research services and voting proxies in the best long-term economic interest of clients. The firm has no disciplinary history and does not maintain custody of client funds or securities. Clients can request the firm's Proxy Policy and information on how proxies were voted. BAMCO's financial stability is sound, with no known impairments to meeting contractual commitments or bankruptcy history in the past decade.