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Needham Aggressive Growth Fund
mutual fund
NEAIX
Payout Change
Suspended
Price as of:
$51.11
-0.16
-0.31%
primary theme
U.S. Small-Cap Growth Equity
share class
NEAIX (Mutual Fund)
Needham Aggressive Growth Fund
Payout Change
Suspended
Price as of:
$51.11
-0.16
-0.31%
primary theme
U.S. Small-Cap Growth Equity
share class
NEAIX (Mutual Fund)
Needham Aggressive Growth Fund
Payout Change
Suspended
Price as of:
$51.11
-0.16
-0.31%
primary theme
U.S. Small-Cap Growth Equity
share class
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
20.2%
1 yr return
22.2%
3 Yr Avg Return
8.2%
5 Yr Avg Return
21.3%
Net Assets
$790 M
Holdings in Top 10
35.6%
52 WEEK LOW AND HIGH
$51.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.56%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
$100,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
NEAIX - Profile
Distributions
- YTD Total Return 20.2%
- 3 Yr Annualized Total Return 8.2%
- 5 Yr Annualized Total Return 21.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.30%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNeedham Aggressive Growth Fund
-
Fund Family NameNeedham
-
Inception DateDec 30, 2016
-
Shares Outstanding2483136
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Barr
Fund Description
Under normal conditions, the Aggressive Growth Fund 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. The Aggressive Growth Fund considers domestic issuers of equity securities to be companies located, organized, or with a majority of assets or business in the United States. The Aggressive Growth Fund invests principally in markets and industries with strong growth potential, focusing primarily on the market leaders in these areas as these companies often garner a disproportionate share of the positive financial returns. Although the Aggressive Growth Fund may invest in companies of any size, the Aggressive Growth Fund’s investment strategy may result in a focus on smaller companies. The Aggressive Growth Fund may, but is not required to, invest in stocks 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. Although the Aggressive Growth Fund’s investments have typically been most heavily weighted in the information technology and healthcare sectors, the allocation of the Aggressive Growth Fund’s assets among the various sectors may change at any time. The Aggressive Growth Fund may engage in short sales. The Aggressive Growth Fund may make a profit or loss depending upon whether the market price of the security sold short decreases or increases between the date of the short sale and the date on which the Aggressive Growth Fund replaces the borrowed security.It is the policy of the Aggressive Growth Fund generally to not engage in trading for short-term gains, and the Adviser employs other measures to maximize tax efficiency to the extent consistent with the Aggressive Growth Fund’s investment strategies, including using: (a) the specific identification method to calculate the tax basis for shares of Aggressive Growth Fund portfolio holdings to seek to minimize taxable gains or offset other gains; and (b) net short-term capital gains to offset Aggressive Growth Fund expenses which would otherwise be non-deductible by the Aggressive Growth Fund. During certain periods, market forces may cause the Adviser, seeking to act in the best interests of the Aggressive Growth Fund, to manage the Aggressive Growth Fund in a manner that may not maximize tax efficiency, such as if the Aggressive Growth Fund experiences extreme inflows and outflows from an unusually high volume of purchase and redemption activity, resulting in high portfolio turnover. The Adviser seeks to balance tax efficiency with the overall best interests of the Aggressive Growth Fund.
NEAIX - Performance
Return Ranking - Trailing
| Period | NEAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.2% | -60.4% | 86.4% | 45.93% |
| 1 Yr | 22.2% | -57.4% | 88.1% | 44.63% |
| 3 Yr | 8.2%* | -15.0% | 63.0% | 4.50% |
| 5 Yr | 21.3%* | -10.4% | 48.0% | 1.76% |
| 10 Yr | N/A* | -3.9% | 25.6% | 4.73% |
* Annualized
Return Ranking - Calendar
| Period | NEAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 38.4% | -20.5% | 54.6% | 1.30% |
| 2022 | -27.0% | -82.1% | 32.2% | 28.71% |
| 2021 | 29.6% | -90.6% | 300.1% | 1.13% |
| 2020 | 46.2% | -63.0% | 127.9% | 17.22% |
| 2019 | 30.2% | -7.7% | 42.9% | 13.88% |
Total Return Ranking - Trailing
| Period | NEAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.2% | -60.4% | 86.4% | 45.93% |
| 1 Yr | 22.2% | -57.4% | 88.1% | 44.63% |
| 3 Yr | 8.2%* | -15.0% | 63.0% | 4.50% |
| 5 Yr | 21.3%* | -10.4% | 48.0% | 1.76% |
| 10 Yr | N/A* | -3.9% | 25.6% | 4.74% |
* Annualized
Total Return Ranking - Calendar
| Period | NEAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 38.4% | -19.0% | 136.8% | 1.49% |
| 2022 | -27.0% | -59.9% | 44.3% | 43.71% |
| 2021 | 38.4% | -22.7% | 411.9% | 2.26% |
| 2020 | 52.4% | 1.5% | 150.8% | 25.05% |
| 2019 | 44.8% | 5.5% | 55.3% | 0.60% |
NAV & Total Return History
NEAIX - Holdings
Concentration Analysis
| NEAIX | Category Low | Category High | NEAIX % Rank | |
|---|---|---|---|---|
| Net Assets | 790 M | 209 K | 34.3 B | 44.07% |
| Number of Holdings | 89 | 7 | 1226 | 61.11% |
| Net Assets in Top 10 | 301 M | 53.8 K | 3.02 B | 41.11% |
| Weighting of Top 10 | 35.61% | 7.5% | 100.0% | 14.66% |
Top 10 Holdings
- Dreyfus Treasury Securities Cash Management 7.66%
- PDF Solutions Inc 4.29%
- Aspen Aerogels Inc 4.21%
- Super Micro Computer Inc 3.62%
- Vertiv Holdings Co 3.06%
- Unisys Corp 2.85%
- Asure Software Inc 2.66%
- Vicor Corp 2.56%
- American Software Inc/GA 2.39%
- Hammond Power Solutions Inc 2.32%
Asset Allocation
| Weighting | Return Low | Return High | NEAIX % Rank | |
|---|---|---|---|---|
| Stocks | 92.40% | 92.05% | 107.62% | 99.26% |
| Cash | 7.66% | 0.00% | 28.78% | 4.44% |
| Preferred Stocks | 0.00% | 0.00% | 4.59% | 39.07% |
| Other | 0.00% | -0.26% | 6.70% | 53.15% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 33.52% |
| Bonds | 0.00% | 0.00% | 2.40% | 33.33% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NEAIX % Rank | |
|---|---|---|---|---|
| Technology | 64.21% | 2.91% | 75.51% | 0.56% |
| Industrials | 20.19% | 0.00% | 36.64% | 17.59% |
| Healthcare | 5.58% | 0.00% | 47.90% | 97.78% |
| Basic Materials | 4.11% | 0.00% | 9.24% | 20.74% |
| Consumer Cyclical | 2.97% | 0.00% | 24.04% | 97.59% |
| Real Estate | 1.71% | 0.00% | 15.31% | 52.22% |
| Communication Services | 1.06% | 0.00% | 15.31% | 68.89% |
| Energy | 0.18% | 0.00% | 55.49% | 74.81% |
| Utilities | 0.00% | 0.00% | 5.57% | 52.41% |
| Financial Services | 0.00% | 0.00% | 42.95% | 99.26% |
| Consumer Defense | 0.00% | 0.00% | 13.56% | 97.78% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NEAIX % Rank | |
|---|---|---|---|---|
| US | 88.53% | 17.30% | 107.62% | 97.41% |
| Non US | 3.87% | 0.00% | 77.12% | 6.11% |
NEAIX - Expenses
Operational Fees
| NEAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.56% | 0.05% | 23.20% | 24.30% |
| Management Fee | 1.25% | 0.05% | 1.62% | 97.40% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 7.12% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| NEAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| NEAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 15.13% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| NEAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 12.00% | 3.00% | 264.00% | 4.65% |
NEAIX - Distributions
Dividend Yield Analysis
| NEAIX | Category Low | Category High | NEAIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.91% | 45.56% |
Dividend Distribution Analysis
| NEAIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| NEAIX | Category Low | Category High | NEAIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.30% | -2.47% | 1.10% | 86.89% |
Capital Gain Distribution Analysis
| NEAIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 10, 2021 | $2.880 | OrdinaryDividend |
| Nov 11, 2020 | $1.234 | OrdinaryDividend |
| Nov 08, 2019 | $2.317 | CapitalGainLongTerm |
| Nov 09, 2018 | $2.793 | CapitalGainLongTerm |
| Nov 10, 2017 | $1.193 | CapitalGainLongTerm |
NEAIX - Fund Manager Analysis
Managers
John Barr
Start Date
Tenure
Tenure Rank
Jan 01, 2010
12.42
12.4%
Mr. John O. Barr is a graduate of Harvard Business School and Colgate University. From 1995 - 2000, Mr. Barr was a Managing Director and Senior Analyst at Needham & Company. He was an Institutional Investor All-Star and was ranked by Reuters as leader of one of the top software teams. He also served as Director of Research. From 2000 - 2002, he was a Managing Director and Senior Analyst at Robertson Stephens following semiconductor technology companies. From 2002 - 2008, Mr. Barr was a portfolio manager and analyst at Buckingham Capital Management. He focused on telecom, semiconductors and software. He also has experience with financials, energy, exploration and production and mining stocks. From 2008 - 2009, Mr. Barr was the Founding and Managing Member of Oliver Investment Management, LLC. He rejoined Needham & Company in August 2009 as a Managing Director and a portfolio manager of hedge funds. He engages in a variety of portfolio management-related activities, including stock selection, research, company visits and market analysis.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.17 | 5.25 |
