Needham Small Cap Growth Fund Institutional Class (NESIX)
| Fund Assets | 356.52M |
| Expense Ratio | 1.19% |
| Min. Investment | $100,000 |
| 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 | 36.36 |
| YTD Return | 65.95% |
| 1-Year Return | 82.99% |
| 5-Year Return | 49.17% |
| 52-Week Low | 18.94 |
| 52-Week High | 41.00 |
| Beta (5Y) | 1.08 |
| Holdings | 71 |
| Inception Date | Dec 30, 2016 |
About NESIX
The Needham Small Cap Growth Fund Institutional Class is an open-end mutual fund focused on achieving long-term capital appreciation through investments in small-cap U.S. companies. Managed by Needham Investment Management, the fund targets businesses with market capitalizations not exceeding $8 billion, placing particular emphasis on those exhibiting strong growth potential and sound valuation discipline. The portfolio is diversified across multiple sectors but has a notable concentration in technology and industrials, with nearly 45% of assets allocated to its top 10 holdings, which include firms such as Adtran Holdings, Calix, and TTM Technologies. The fund actively seeks out companies poised for market leadership, often investing in venture-backed firms soon after their IPOs. Committed to navigating market inefficiencies and price dislocations, the fund employs a continuous research and risk management process and may utilize shorting techniques as part of its strategy. With a minimum initial investment requirement of $100,000 and a focus on institutional investors, it balances a relatively high expense ratio with a disciplined, research-intensive approach to small-cap growth investing.
Performance
NESIX had a total return of 82.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.44%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| NESGX | Retail Class | 1.79% |
Top 10 Holdings
44.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Arteris, Inc. | AIP | 7.77% |
| ADTRAN Holdings, Inc. | ADTN | 6.75% |
| Vishay Intertechnology, Inc. | VSH | 5.81% |
| Dreyfus Treasury Securities Cash Management | DIRXX | 4.46% |
| PDF Solutions, Inc. | PDFS | 3.74% |
| Rogers Corporation | ROG | 3.59% |
| Veeco Instruments Inc. | VECO | 3.48% |
| Harmonic Inc. | HLIT | 3.46% |
| Transcat, Inc. | TRNS | 2.96% |
| nLIGHT, Inc. | LASR | 2.96% |