Bridges Fund

Fund Information

Click here to view the Fact Sheet.

Investment Strategy

The Bridges Investment Fund, Inc. is a general equity fund whose primary investment objective is long term growth of capital.

The Fund's equity investment process focuses on identifying companies which have superior revenue, earnings, dividend, and free cash flow growth and above-average profit margins, profitability and balance sheet quality.

Historically, the Fund has tended to primarily own larger companies, although at any time, the Fund may own small, medium, or large capitalization companies.

Normally, equity securities of U.S. companies will represent 60% or more of the Fund's assets. The Fund's secondary investment objective is the generation of a moderate amount of investment income.

The Fund may acquire investment grade corporate bonds, debentures, U.S. Treasury bonds and notes, and preferred stocks. Normally, such fixed-income securities will not constitute more than 40% of the Fund's portfolio.

Fund Management

Edson (Ted) L. Bridges III, CFA is the portfolio manager of the Bridges Investment Fund, Inc. Mr. Bridges has been responsible for the day-to-day management of the Fund's portfolio since April 11, 1997, when he was elected President of the Fund. He is also President and CEO of Bridges Investment Management, Inc., the Fund's investment adviser. He graduated from Dartmouth College and earned a J.D. degree from the University of Nebraska Law School. Mr. Bridges joined Bridges Investment Counsel, Inc. in 1983 and has been responsible for the Firm's securities research and portfolio management.

Fund	NAV	Change $
Daily NAV As Of: Mon Feb 06 18:37:43 CST 2012
Bridges Investment Fund (BRGIX)	$35.26	-0.05
Past performance does not guarantee future results. Please click on the Fund name to view more complete performance information.

Fund Name	YTD	1 year	3 year	5 year	10 year	Since Inception*
Average Annual Total Returns By Quarter As Of: 2011-12-31
Bridges Investment Fund (BRGIX)	0.62%	0.62%	14.73%	0.41%	1.97%	6.83%
Russell 1000 Growth Index (russl1000)	2.64%	2.64%	18.02%	2.50%	2.60%
S&P 500 (Index)	2.11%	2.11%	14.11%	-0.25%	2.92%

Inception Date: 07/01/1963

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Fund performance current to the most recent month-end may be obtained by calling 866-934-4700.

Fund Facts as of 12/31/11
Symbol	BRGIX
Cusip	108439100
Dividend Policy	Quarterly
Inception Date	07/01/1963
Minimum Investment	$1,000
Manager Tenure	Over 14 years
Total Fund Assets	$73.8 million
Total # Stocks	49
Total # Fixed Income	9
Turnover Ratio	26.56%
Expense Ratio	0.91%
Sales Charge	None
Redemption Fee	None

Top Ten Holdings as of 12/31/11
Company Name	Percent
Apple Inc	6.58%
Mastercard Inc	5.55%
Google Inc	3.94%
Union Pacific Corp	3.59%
iShares S&P Midcap 400 Index	3.56%
Chevron Corp	3.31%
QualComm Inc.	2.96%
Eaton Corp	2.95%
Capital One Financial Corp	2.86%
Caterpillar Inc	2.82%

Click here to view the complete Holdings list.

Mutual fund investing involves risk; loss of principal is possible.

Small- and Medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.

Fund holdings are subject to change and are not a recommendation to buy or sell any securities.

While the fund is no-load, management fees and other expenses still apply. Please refer to the prospectus for further details.

The S&P 500 Index is a broad-based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. Russell 1000 Growth Index measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. One cannot invest directly in an index.