Needham Growth Fund (NEEGX)
The investment seeks long-term, tax-efficient capital appreciation. The fund normally invests at least 65% of its total assets in the equity securities (principally, common stock) of domestic issuers listed on a nationally recognized securities exchange. It may, but is not required to, invest in the securities of companies of any market capitalization and from a variety of industries included in the technology, healthcare, energy and industrials, specialty retailing, media/leisure/cable/entertainment and business and consumer services sectors.
Fund Info
| ISIN | US63983V1008 |
|---|---|
| CUSIP | 63983V100 |
| Issuer | Needham |
| Inception Date | Jan 2, 1996 |
| Category | Mid Cap Growth Equities |
| Min. Investment | $2,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
NEEGX has a high expense ratio of 1.78%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: NEEGX vs. NEAGX, NEEGX vs. PKSFX, NEEGX vs. VOO, NEEGX vs. MGK, NEEGX vs. NVDA, NEEGX vs. STLG, NEEGX vs. VWILX, NEEGX vs. META, NEEGX vs. RING, NEEGX vs. SMH
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Needham Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Needham Growth Fund had a return of 18.62% year-to-date (YTD) and 39.19% in the last 12 months. Over the past 10 years, Needham Growth Fund had an annualized return of 3.16%, while the S&P 500 had an annualized return of 11.39%, indicating that Needham Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 18.62% | 25.45% |
| 1 month | -4.29% | 2.91% |
| 6 months | -6.10% | 14.05% |
| 1 year | 39.19% | 35.64% |
| 5 years (annualized) | 10.44% | 14.13% |
| 10 years (annualized) | 3.16% | 11.39% |
Monthly Returns
The table below presents the monthly returns of NEEGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.58% | 16.30% | 4.86% | -7.05% | 5.66% | 1.16% | -1.85% | -1.91% | -0.07% | -6.49% | 18.62% | ||
| 2023 | 8.34% | -0.99% | 1.54% | -7.09% | 13.91% | 7.24% | 7.55% | -9.12% | -5.86% | -10.38% | 12.24% | 10.88% | 26.85% |
| 2022 | -12.75% | -2.38% | 0.93% | -14.26% | 2.29% | -11.46% | 13.32% | -3.50% | -12.59% | 3.58% | 4.91% | -5.97% | -34.80% |
| 2021 | 5.28% | 2.40% | -0.46% | 0.70% | -0.25% | 6.84% | 2.49% | 2.67% | -1.34% | 5.45% | -4.16% | -0.92% | 19.70% |
| 2020 | -0.26% | -5.75% | -13.55% | 16.79% | 7.25% | 4.33% | 9.28% | 1.42% | -1.64% | -0.80% | 10.18% | 5.19% | 33.10% |
| 2019 | 9.47% | 3.84% | 0.53% | 6.20% | -4.46% | 8.19% | 1.28% | -1.81% | 2.62% | 4.02% | -7.50% | 3.14% | 27.05% |
| 2018 | 4.57% | -4.64% | -0.72% | -2.26% | 5.71% | 1.18% | 1.78% | 1.44% | -2.09% | -8.75% | -10.99% | -9.35% | -22.98% |
| 2017 | 1.64% | 1.27% | -1.14% | 0.57% | 1.73% | -0.07% | 3.79% | -0.98% | 3.97% | 0.12% | -8.03% | -3.40% | -1.13% |
| 2016 | -7.32% | 3.32% | 4.72% | -0.27% | 0.63% | 0.24% | 3.56% | 0.82% | 1.51% | -3.93% | 3.90% | -0.71% | 5.96% |
| 2015 | -1.52% | 6.36% | -1.10% | -2.04% | 3.08% | -1.06% | -2.14% | -6.65% | -3.82% | 4.92% | -5.15% | -1.61% | -10.96% |
| 2014 | 0.36% | 3.16% | -2.59% | -3.39% | 1.23% | 5.45% | -3.01% | 3.26% | -3.49% | 6.01% | -5.79% | 1.70% | 2.09% |
| 2013 | 5.08% | 1.36% | 2.65% | 0.90% | 6.76% | -0.63% | 5.59% | -2.36% | 3.64% | 1.45% | 2.83% | 2.62% | 33.87% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NEEGX is 23, indicating that it is in the bottom 23% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Needham Growth Fund (NEEGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Needham Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Needham Growth Fund was 60.83%, occurring on Mar 9, 2009. Recovery took 539 trading sessions.
The current Needham Growth Fund drawdown is 12.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.83% | Jul 20, 2007 | 411 | Mar 9, 2009 | 539 | Apr 27, 2011 | 950 |
| -50.25% | Sep 5, 2000 | 523 | Oct 9, 2002 | 320 | Jan 20, 2004 | 843 |
| -45.86% | Nov 9, 2021 | 235 | Oct 14, 2022 | 438 | Jul 16, 2024 | 673 |
| -38.02% | Jun 24, 2015 | 1195 | Mar 23, 2020 | 92 | Aug 3, 2020 | 1287 |
| -32.57% | May 11, 2011 | 101 | Oct 3, 2011 | 490 | Sep 17, 2013 | 591 |
Volatility
Volatility Chart
The current Needham Growth Fund volatility is 6.14%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.