Needham Small Cap Growth Fund Retail Class (NESGX)

Fund Assets	344.77M
Expense Ratio	1.79%
Min. Investment	$2,000
Turnover	48.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	30.51
YTD Return	49.49%
1-Year Return	62.81%
5-Year Return	30.45%
52-Week Low	17.96
52-Week High	38.08
Beta (5Y)	1.40
Holdings	70
Inception Date	May 22, 2002

About NESGX

The Needham Small Cap Growth Fund Retail Class is a mutual fund focused on achieving long-term capital appreciation by investing primarily in the equity securities of small-cap companies. Its investment approach emphasizes identifying businesses that are trading at a discount to intrinsic value yet demonstrate strong potential for superior long-term growth. The fund targets innovative, growth-oriented firms, often featuring companies that offer disruptive products and services, and led by experienced management teams. This strategy extends to investing in some venture-backed companies following their public offerings. The fund typically maintains a diversified portfolio, with technology and industrials being notable sectors of concentration. Risk management is incorporated through ongoing research and, at times, the use of shorting techniques to help mitigate volatility. Designed for investors with a higher risk tolerance, the fund caters to those seeking exposure to the dynamic small-cap segment of the market, which can exhibit periods of price inefficiency and volatility. With a history dating back to 2002, the Needham Small Cap Growth Fund Retail Class holds a recognized place among small-cap growth strategies in the mutual fund industry.

• Fund Family: Needham
• Category: Small Blend
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: NESGX
• Share Class: Retail Class
• Index: Russell 2000 TR

Performance

NESGX had a total return of 62.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.60%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWSSX	Schwab	Schwab Small Cap Index Fund	0.04%
FSSNX	Fidelity	Fidelity Small Cap Index Fund	0.03%
FSCRX	Fidelity	Fidelity Small Cap Discovery Fund	0.66%
FSSLX	Fidelity	Fidelity Series Small Cap Core	0.01%
FLXSX	Fidelity	Fidelity Flex Small Cap Index Fund	n/a

Other Share Classes

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

Symbol	Share Class	Expense Ratio
NESIX	Institutional Class	1.19%

Top 10 Holdings

47.65% of assets

Name	Symbol	Weight
BNY Dreyfus Treasury Secs Csh Mgmt Inst	DIRXX	14.10%
Arteris, Inc.	AIP	8.56%
Badger Meter, Inc.	BMI	5.04%
Vishay Intertechnology, Inc.	VSH	4.95%
Ambarella, Inc.	AMBA	2.71%
Harmonic Inc.	HLIT	2.68%
Veeco Instruments Inc.	VECO	2.57%
Calix, Inc.	CALX	2.40%
PDF Solutions, Inc.	PDFS	2.32%
CEVA, Inc.	CEVA	2.32%

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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