Needham Small Cap Growth Fund Institutional Class (NESIX)

Fund Assets	344.77M
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	32.97
YTD Return	50.07%
1-Year Return	64.24%
5-Year Return	33.86%
52-Week Low	19.27
52-Week High	41.00
Beta (5Y)	1.08
Holdings	70
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.

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

Performance

NESIX had a total return of 64.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.94%.

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

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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