Needham Small Cap Growth Fund (NESGX)
The investment seeks long-term, tax-efficient capital appreciation. Under normal conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities (principally, common stock) of domestic issuers listed on a nationally recognized securities exchange that have market capitalizations not exceeding $8 billion.
Fund Info
| ISIN | US63983V3087 |
|---|---|
| CUSIP | 63983V308 |
| Issuer | Needham |
| Inception Date | May 22, 2002 |
| Category | Small Cap Growth Equities |
| Min. Investment | $2,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
NESGX has a high expense ratio of 1.85%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: NESGX vs. ^NDX, NESGX vs. SWPPX, NESGX vs. NEAGX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Needham Small Cap 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 Small Cap Growth Fund had a return of 17.28% year-to-date (YTD) and 47.09% in the last 12 months. Over the past 10 years, Needham Small Cap Growth Fund had an annualized return of 2.16%, while the S&P 500 had an annualized return of 11.43%, indicating that Needham Small Cap Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 17.28% | 25.82% |
| 1 month | 5.26% | 3.20% |
| 6 months | 6.96% | 14.94% |
| 1 year | 47.09% | 35.92% |
| 5 years (annualized) | 2.81% | 14.22% |
| 10 years (annualized) | 2.16% | 11.43% |
Monthly Returns
The table below presents the monthly returns of NESGX, 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 | -8.49% | 10.27% | 2.54% | -8.20% | 18.83% | -3.52% | 5.83% | -2.07% | -0.27% | -4.99% | 17.28% | ||
| 2023 | 12.84% | -2.34% | -4.22% | -14.67% | 10.60% | 3.17% | 3.83% | -10.94% | -2.99% | -13.72% | 14.03% | 16.50% | 5.68% |
| 2022 | -9.62% | -1.86% | -0.29% | -16.24% | -3.14% | -8.95% | 7.19% | 2.09% | -11.16% | 5.91% | 0.13% | -0.77% | -33.16% |
| 2021 | 8.41% | 3.65% | -4.42% | 1.23% | 4.49% | 5.42% | 0.61% | -0.48% | -3.81% | 0.03% | -22.98% | 1.13% | -10.12% |
| 2020 | 0.17% | -4.82% | -10.85% | 21.40% | 4.19% | 6.50% | 8.99% | 0.64% | 0.09% | 0.14% | 4.47% | 11.54% | 46.67% |
| 2019 | 15.32% | 4.27% | -3.22% | 7.42% | -2.65% | 6.03% | 0.56% | -2.11% | 4.76% | 7.09% | -5.04% | 4.83% | 41.85% |
| 2018 | 1.47% | -1.70% | 0.83% | -2.03% | 6.28% | 0.12% | -0.91% | 7.37% | 1.54% | -8.16% | -15.21% | -10.34% | -20.92% |
| 2017 | 0.72% | -0.52% | 1.31% | 0.32% | 1.48% | 3.55% | 1.90% | -1.62% | 5.62% | 0.35% | -3.17% | -6.61% | 2.82% |
| 2016 | -3.86% | 6.19% | 5.28% | -1.72% | 1.83% | 0.82% | 5.19% | 2.96% | 3.70% | -1.45% | 2.88% | -0.72% | 22.59% |
| 2015 | -3.28% | 10.11% | 0.13% | -3.35% | 1.25% | -1.03% | -6.50% | -6.06% | -6.77% | 4.89% | 1.53% | -1.43% | -11.21% |
| 2014 | -1.79% | 2.80% | -2.72% | -3.52% | -0.41% | 4.34% | -3.83% | 3.31% | -3.07% | 3.71% | -12.17% | 3.78% | -10.36% |
| 2013 | 3.03% | 0.00% | 0.00% | -0.71% | 5.28% | 2.89% | 5.98% | -0.77% | 4.85% | 1.00% | 0.99% | 2.63% | 27.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NESGX is 27, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Needham Small Cap Growth Fund (NESGX) 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 Small Cap 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 Small Cap Growth Fund was 65.82%, occurring on Mar 9, 2009. Recovery took 2827 trading sessions.
The current Needham Small Cap Growth Fund drawdown is 38.92%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -65.82% | Aug 3, 2005 | 902 | Mar 9, 2009 | 2827 | Jun 2, 2020 | 3729 |
| -61.3% | Feb 17, 2021 | 681 | Oct 30, 2023 | — | — | — |
| -31.87% | May 28, 2002 | 94 | Oct 9, 2002 | 31 | Nov 21, 2002 | 125 |
| -19.28% | Jan 17, 2003 | 37 | Mar 12, 2003 | 42 | May 12, 2003 | 79 |
| -18.15% | Jan 21, 2004 | 142 | Aug 12, 2004 | 87 | Dec 15, 2004 | 229 |
Volatility
Volatility Chart
The current Needham Small Cap Growth Fund volatility is 6.96%, 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.