Needham Small Cap Growth Fund
- Retail Share: NESGX | Institutional Share: NESIX
Assets (12/31/16): $36M | Inception Date: 5/22/02
Performance as of 12/31/2016
|Comparative Performance (as percentage)|
|4th Quarter||1 Year||3 Years||5 Years||10 Years||Since Inception|
|Needham Small Cap Growth Fund||7.78%||31.26%||6.40%||10.83%||7.36%||10.29%|
|After Taxes on Distributions||5.68%||28.70%||4.56%||9.67%||6.15%||9.07%|
|After Taxes on Distributions & Redemptions||5.27%||18.75%||4.62%||8.39%||5.78%||8.59%|
|S&P 500 TR†||3.82%||11.96%||8.87%||14.66%||6.95%||7.24%|
|NASDAQ Composite Index††||1.69%||8.97%||10.24%||17.19%||9.60%||9.54%|
|Russell 2000 Total Return Index†††||8.83%||21.31%||6.74%||14.46%||7.07%||8.61%|
The Needham Small Cap Growth Fund inception date is 5/22/02. Performance data quoted represents past performance and does not guarantee future results. Figures include changes in principal value, reinvested dividends and capital gains distributions. Investment return and principal value will vary, and shares may be worth more or less at redemption than at original purchase. Current performance may be lower or higher than the performance data quoted. Please visit www. needhamfunds.com or call 1-800-625-7071 for the most current month-end performance data.
|Growth of $10,000 Investment|
An initial investment of $10,000 as of May 22, 2002 (inception) would be worth $41,849 as of December 31, 2016.
|Average annual return since inception 05/22/02 – 12/31/16||10.29%|
|Total return for the 12 months ended 12/31/16||31.26%|
|Total return for the quarter ended 12/31/16||7.78%|
The chart illustrates the performance of a hypothetical $10,000 investment made in the Fund since the fund's inception. Assumes reinvestment of dividends and capital gains, but does not reflect the effect of redemption fees. This chart does not imply any future performance.