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Needham Small Cap Growth InstitutionalNESIX

Performance (before sales charge)

As of 04/30/2023

All information is historical and not indicative of future results. Current performance may be lower or higher than the quoted past performance, which cannot guarantee results. Share price, principal value, and return will vary, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions and does not account for taxes. After-sales-charge returns reflect the maximum sales charge applicable to the fund. Performance may not reflect any expense limitation or subsidies currently in effect. Short-term trading fees may apply. To obtain the most recent month-end performance, visit Morningstar.com.

Asset allocation

As of 03/31/2023
Stock
80.75%
Non-U.S. Stock
0.00%
Bond
0.00%
Non-U.S. Bond
0.00%
Preferred
0.00%
Convertible
0.00%
Cash
19.25%
Other
0.00%

Due to rounding, percentages may not equal 100%.

Sectors

As of 03/31/2023

Basic materials

0.00%

Consumer cyclical

0.00%

Financial services

0.00%

Real estate

0.00%

Consumer defensive

0.00%

Health care

9.04%

Utilities

0.00%

Communication services

0.00%

Energy

0.00%

Industrials

8.82%

Technology

62.89%

Top 10 holdings

As of 03/31/2023

Dreyfus Treasury Secs Cash Mgmt Inst
19.25%
Zuora Inc Class A
5.70%
nLight Inc
5.34%
Aspen Aerogels Inc
4.69%
Adtran Inc
4.66%
ViewRay Inc
4.36%
Cambium Networks Corp
3.58%
TTM Technologies Inc
3.52%
8x8 Inc
3.50%
AXT Inc
3.13%
Fund assets

$160.86 Million

Share class

Inst

Morningstar category

Small Growth

Expense ratio

1.21%

Investment objective

Small Company

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