Needham Growth Fund Institutional Class (NEEIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
62.48
+0.48 (0.77%)
Jul 3, 2025, 4:00 PM EDT
-15.51%
Fund Assets 141.38M
Expense Ratio 1.21%
Min. Investment $100,000
Turnover 14.00%
Dividend (ttm) 2.39
Dividend Yield 3.83%
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date Nov 13, 2024
Previous Close 62.00
YTD Return -2.28%
1-Year Return -9.32%
5-Year Return 67.98%
52-Week Low 46.35
52-Week High 78.01
Beta (5Y) n/a
Holdings 69
Inception Date Dec 30, 2016

About NEEIX

The Needham Growth Fund Institutional Class is a U.S. mutual fund designed to pursue long-term, tax-efficient capital appreciation by investing primarily in the equity securities of publicly traded companies. The fund targets firms with above-average growth prospects that are available at value prices, employing a strategy focused on identifying what it terms "Quality Compounders." Its investment process has two phases: first, investing in mid-cap companies transitioning toward operational excellence, and second, maintaining positions in companies as their new products or services drive significant financial improvements and customer adoption. The portfolio is diversified across sectors but has a significant emphasis on technology and healthcare. Top holdings include companies such as Super Micro Computer, Entegris, and Thermo Fisher Scientific, reflecting its bias towards innovation-driven growth sectors. The Institutional Class requires a high minimum initial investment, caters to professional and high-net-worth clients, and is managed with a disciplined, research-intensive approach. The fund is notable for a concentrated portfolio, with a substantial portion of assets held in its top holdings, aiming to capitalize on long-term market inefficiencies for capital appreciation.

Fund Family Needham
Category Mid-Cap Growth
Stock Exchange NASDAQ
Ticker Symbol NEEIX
Share Class Institutional Class
Index S&P 500 TR

Performance

NEEIX had a total return of -9.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.49%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
NEEGX Retail Class 1.75%

Top 10 Holdings

42.91% of assets
Name Symbol Weight
Super Micro Computer, Inc. SMCI 7.23%
Entegris, Inc. ENTG 5.34%
Thermo Fisher Scientific Inc. TMO 4.69%
PDF Solutions, Inc. PDFS 4.20%
Akamai Technologies, Inc. AKAM 4.07%
CarMax, Inc. KMX 3.81%
Parsons Corporation PSN 3.71%
Vicor Corporation VICR 3.59%
Nova Ltd. NVMI 3.54%
Becton, Dickinson and Company BDX 2.72%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Nov 13, 2024 $2.39042 Nov 13, 2024
Nov 10, 2022 $0.77769 Nov 10, 2022
Nov 10, 2021 $4.62687 Nov 10, 2021
Nov 11, 2020 $3.20132 Nov 11, 2020
Nov 8, 2019 $4.74886 Nov 8, 2019
Nov 9, 2018 $5.88021 Nov 9, 2018
Full Dividend History