0001162044-14-000392.txt : 20140408 0001162044-14-000392.hdr.sgml : 20140408 20140408103437 ACCESSION NUMBER: 0001162044-14-000392 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20140408 DATE AS OF CHANGE: 20140408 EFFECTIVENESS DATE: 20140408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TANAKA FUNDS INC CENTRAL INDEX KEY: 0001051219 IRS NUMBER: 541891278 STATE OF INCORPORATION: MD FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-47207 FILM NUMBER: 14750221 BUSINESS ADDRESS: STREET 1: 369 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124903380 MAIL ADDRESS: STREET 1: 369 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TANAKA FUNDS INC CENTRAL INDEX KEY: 0001051219 IRS NUMBER: 541891278 STATE OF INCORPORATION: MD FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-08683 FILM NUMBER: 14750222 BUSINESS ADDRESS: STREET 1: 369 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124903380 MAIL ADDRESS: STREET 1: 369 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 0001051219 S000004755 TANAKA Growth Fund C000012945 Class R TGFRX 485BPOS 1 tanakaxbrl.htm XBRL Filing

AS FILED WITH THE SECURITIES

AND EXCHANGE COMMISSION

ON 4/8/2014


FILE NOS:

811-08638 & 333-47207


SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM N-1A


REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

[ X ]

Pre-Effective Amendment No.

[     ]

Post-Effective Amendment No.

[20]

and

REGISTRATION STATEMENT UNDER THE INVESTMENT

COMPANY ACT OF 1940

[ X ]

Amendment No.

[21]


(Check appropriate box or boxes.)


TANAKA FUNDS, INC.

(Exact name of Registrant as Specified in Charter)


369 Lexington Avenue, 20th Floor

New York, NY  10017

(Address of Principal Executive Office)


212-490-3380

(Registrant's Telephone Number, including Area Code)


Mr. Graham Y. Tanaka

369 Lexington Avenue, 20th Floor

New York, NY  10017

(Name and Address of Agent for Service)


With a copy to:


Mr. David D. Jones, Esq.

DAVID JONES & ASSOC., P.C.

395 Sawdust Road, # 2137

The Woodlands, TX  77380


Approximate Date of Proposed Public Offering:  As soon as practicable following effective date.

It is proposed that this filing will become effective (check appropriate box):

[X]

immediately upon filing pursuant to paragraph (b)

[  ]

on (date) pursuant to paragraph (b)

[  ]

60 days after filing pursuant to paragraph (a)(1)

[  ]

on (date) pursuant to paragraph (a)(1)

[  ]

75 days after filing pursuant to paragraph (a)(2)

[  ]

on (date) pursuant to paragraph (a)(2) of rule 485


If appropriate, check the following box:


[  ]

This post-effective amendment designates a new effective date for a previously filed post-effective amendment.




SIGNATURES


Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, Registrant has duly caused this Post-Effective Amendment # 20 to its Registration Statement on Form N-1A to be signed on its behalf by the undersigned, hereunto duly authorized in New York, NY on the 8th day of April, 2014.


TANAKA FUNDS, INC.




/s/ Graham Y. Tanaka*

By: GRAHAM Y. TANAKA

President


Pursuant to the requirements of the Securities Act of 1933, this Amendment # 21 to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated:



/s/ Graham Y. Tanaka*

April 8, 2014

GRAHAM Y. TANAKA, DIRECTOR, PRESIDENT



/s/ David M. Fox*

April 8, 2014

DAVID M. FOX, DIRECTOR



/s/ Thomas R. Schwarz*

    

April 8, 2014

THOMAS R. SCHWARZ, DIRECTOR



/s/ Michael E. Nelson *

April 8, 2014

MICHAEL E. NELSON, DIRECTOR



/s/ Max D. Quinlin *

April 8, 2014

MAX D. QUINLIN, TREASURER



*  By David D. Jones, Esq., pursuant to Limited Power of Attorney.


Exhibit Index



Index No.

Description of Exhibit

EX-101.INS

XBRL Instance Document

EX-101.SCH

XBRL Taxonomy Extension Schema Document

EX-101.CAL

XBRL

Taxonomy Extension Calculation Linkbase

EX-101.DEF

XBRL Taxonomy Extension Definition Linkbase

EX-101.LAB

XBRL Taxonomy Extension Labels Linkbase

EX-101.PRE

XBRL Taxonomy Extension Presentation Linkbase




EX-101.INS 2 tgfrx-20140401.xml 485BPOS 2013-11-30 false Tanaka Funds Inc 0001051219 2014-04-01 <div style="display:none">~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column dei_LegalEntityAxis compact fil_S000004755Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact fil_S000004755Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 0 0 -0.0200 0 8.00 <div style="display:none">~ http://xbrl.sec.gov/rr/role/RiskReturnDetailData row dei_DocumentInformationDocumentAxis compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * row rr_PerformanceMeasureAxis compact * row primary compact * ~</div> 0.0100 0.0025 0.0124 0.0000 0.0249 -0.0004 0.0245 <div style="display:none">~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_LegalEntityAxis compact fil_S000004755Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column dei_LegalEntityAxis compact fil_S000004755Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://xbrl.sec.gov/rr/role/PerformanceTableData column dei_LegalEntityAxis compact fil_S000004755Member row primary compact * ~</div> <div style="display:none">~ http://xbrl.sec.gov/rr/role/MarketIndexPerformanceData column dei_LegalEntityAxis compact fil_S000004755Member row primary compact * row rr_PerformanceMeasureAxis compact * ~</div> 248 776 1326 2826 <div style="display:none">~ http://xbrl.sec.gov/rr/role/BarChartData column period compact * row dei_LegalEntityAxis compact fil_S000004755Member row primary compact * ~</div> 0.0718 -0.0140 0.0917 0.1398 -0.4968 0.5126 0.0634 -0.1044 0.2244 0.3174 0.3174 0.1835 0.0439 0.3174 0.1835 0.0439 0.1791 0.1495 0.0349 0.3423 0.2055 0.0795 0.3239 0.1793 0.0740 0.3832 0.2149 0.0762 <p><b>INVESTMENT OBJECTIVE</b></p> <p>The Fund's investment objective is growth of capital.&#160; The Fund's investment objective may be changed by the Board of Directors without shareholder approval.&#160; If the Fund's investment objective changes, shareholders will be given at least thirty (30) days prior written notice before such change takes effect.</p> <p><b>FEES AND EXPENSES</b></p> <p>This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.</p> <p><b>Shareholder Fees (fees paid directly from your investment)</b></p> <p><b>Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment.)</b></p> <p><b>Expense Example</b></p> <p>The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.&#160; The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.&#160; The Example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.&#160; Although your actual costs may be higher or lower, based on these assumptions your costs would be:</p> <p><b>PORTFOLIO TURNOVER</b></p> <p>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio).&#160; A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.&#160; These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund&#8217;s performance.&#160; During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 34.52% of the average value of its portfolio.</p> <p><b>PRINCIPAL INVESTMENT STRATEGIES</b></p> <p>The Fund employs the following principal investment strategies:</p> <p>&#160;- Normally investing in common stocks and other equity securities of small, medium and large capitalization companies.</p> <p>&#160;- Investing up to 45% of its net assets, measured at the time of investment, in foreign securities, including multinational and emerging market securities.&#160; The Fund is a non-diversified fund, which means that the Fund may take larger positions in a small number of companies than a diversified fund.</p> <p>&#160;- Investing in issues which the Fund's investment Advisor believes have superior capital growth potential.&#160; Companies that meet or exceed specific criteria established by the investment manager in the selection process are purchased.&#160; Securities are sold when they reach internally determined pricing targets or no longer qualify under the manager&#8217;s investment criteria.</p> <p>While the Fund usually will diversify its investments across a range of industry sectors, certain sectors are likely to be overweighted compared to others, because the Advisor actively seeks the best investment opportunities regardless of sector.&#160; For example, the Fund may be overweighted at times in the financial services, technology and/or pharmaceutical/health care sectors.&#160; The sectors in which the Fund may be overweighted will vary at different points in an economic cycle.</p> <p>The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund&#8217;s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions.&#160; When the Fund takes a defensive position, the Fund&#8217;s assets will be held in cash and/or cash equivalents.</p> <p><b>PRINCIPAL INVESTMENT RISKS</b></p> <p>The Fund is subject to the following principal investment risks:</p> <p><b><i>Management Risk</i></b> - The Advisor's growth-oriented investment approach may fail to produce the intended results.</p> <p><b><i>Smaller Company Risk</i></b> - To the extent the Fund invests in smaller capitalization companies, the Fund will be subject to additional risks. These include:</p> <p>&#160;- The earnings and prospects of smaller companies are more volatile than larger companies.</p> <p>&#160;- Smaller companies may experience higher failure rates than do larger companies.</p> <p>&#160;- The trading volume of securities of smaller companies is normally less than that of larger companies and,</p> <p>&#160;- therefore, may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger companies.</p> <p>&#160;- Smaller companies may have limited markets, product lines or financial resources and may lack management experience.</p> <p><b><i>Single Company Investment Risk</i></b> - Because the Fund may invest a larger portion of its assets in one or more companies than would a more diversified fund, the value of the Fund may disproportionately decrease in response to the activities and financial prospects of an individual company in the Fund's portfolio.&#160; The value of an individual company can be more volatile than the market as a whole.</p> <p><b><i>Market Risk</i></b> &#8211; Overall stock market risks may also affect the value of the Fund.&#160; Factors such as domestic economic growth and market conditions, interest rate levels and political events affect the securities markets and could cause the Fund's share price to fall.</p> <p><b><i>Foreign Risk</i></b> - To the extent the Fund invests in foreign securities, the Fund could be subject to greater risks because the Fund's performance may depend on issues other than the performance of a particular company.&#160; Changes in foreign economies and political climates are more likely to affect the Fund than a fund that invests exclusively in U.S. companies.&#160; The value of foreign securities is also affected by the value of the local currency relative to the U.S. dollar.&#160; There may also be less government supervision of foreign markets, resulting in non-uniform accounting practices and less publicly available information.&#160; Investment in securities of issuers based in underdeveloped emerging markets entails all of the risks of investing in securities of foreign issuers outlined in this section to a heightened degree.&#160; These heightened risks include: (i) greater risks of expropriation, confiscatory taxation, nationalization, and less social, political and economic stability;&#160; (ii) the smaller size of the market for such securities and a low or nonexistent volume of trading, resulting in lack of liquidity and in price&#160; volatility;&#160; (iii) certain national policies which may restrict a Fund's investment opportunities; and&#160; (iv) in the case of Eastern Europe and in China and other Asian countries, the absence of developed capital markets and legal structures governing private or foreign investment and private property and the possibility that recent favorable&#160; economic and political developments could be slowed or reversed by unanticipated events.</p> <p>In addition to brokerage commissions, custodial services and other costs relating to investment in emerging markets are generally more expensive than in the United States.&#160; Such markets historically have been unable to keep pace with the volume of securities transactions, making it difficult to conduct such transactions.</p> <p><b><i>Non-Diversification Risk</i></b>- As a non-diversified fund, the Fund's portfolio may at times focus on a limited number of companies and will be subject to substantially more investment risk and potential for volatility than a diversified fund.</p> <p><b><i>Sector Risk</i></b>-&#160; If the Fund's portfolio is overweighted in a certain industry sector, any negative development affecting&#160; that sector will have a greater impact on the Fund than a fund that is not overweighted in that sector.&#160; For example, to the extent the Fund is overweighted in the financial services sector, the technology sector or the pharmaceutical/health care sector, it will be affected by developments affecting the applicable sector.&#160; All three sectors are subject to changing government regulations that may limit profits and restrict services offered.&#160; Companies in these sectors also may be significantly affected by intense competition.&#160; In addition, the profitability of companies in the financial services industries can be significantly affected by the cost of capital and changes in interest rates, and technology and pharmaceutical/health care products may be subject to rapid obsolescence.</p> <p><b><i>Volatility Risk</i></b>- Common stocks tend to be more volatile than other investment choices.&#160; The value of an individual company can be more volatile than the market as a whole.&#160; This volatility affects the value of the Fund's shares.</p> <p><b><i>Additional Risk Considerations</i></b>- An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.&#160; The Fund is not a complete investment program.&#160; As with any mutual fund investment, the Fund's returns will vary and you could lose money.</p> <p><b><u>Is the Fund Right For You?</u></b></p> <p>The Fund may be suitable for:</p> <p>&#160;- long-term investors seeking a fund with a growth investment strategy;</p> <p>&#160;- investors who can tolerate the greater risks associated with common stock investments;</p> <p>&#160;- investors willing to accept the greater market price fluctuations of smaller companies;</p> <p>&#160;- investors who can tolerate the increased risks of foreign and emerging market securities; or</p> <p>&#160;- investors who can tolerate the increased risks and price fluctuations associated with a non-diversified fund.</p> <p><b>THE FUND'S PAST PERFORMANCE</b></p> <p>The following bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund&#8217;s performance from year to year and by showing how the Fund&#8217;s average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance).&#160; The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.&#160; Updated performance information is available at www.tanaka.com and by calling toll-free 877-4 TANAKA.</p> <b><font style="font-size:12.0pt; font-family:Times New Roman">YEAR-BY-YEAR ANNUAL RETURNS (FOR CALENDER YEARS ENDING ON DEC. 31)</font></b> <p>During the periods shown, the highest return for a quarter was 27.45% (2nd quarter, 2009) and the lowest return was -32.77% (4th quarter, 2008).</p> <p><b>AVERAGE ANNUAL TOTAL RETURNS (FOR PERIODS ENDING ON DEC. 31 2013)</b></p> <p><b>Average Annual Total Returns for the Fund's Class R Shares (for periods ending on December 31, 2013)</b></p> <p>After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.&#160; Actual after-tax returns depend on an investor's tax situation and may differ from those shown.&#160; After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.</p> <p>The above performance includes the effect of one-time class action litigation settlements accruing to the Fund in 2012.&#160; If those settlements were not included, performance would have been lower.</p> .3452 <p>As with any mutual fund investment, the Fund's returns will vary and you could lose money.</p> <font style="font-size:12.0pt; font-family:Times New Roman">The Fund&#8217;s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</font> <font style="font-size:12.0pt; font-family:Times New Roman">www.tanaka.com </font> <font style="font-size:12.0pt; font-family:Times New Roman">877-4 TANAKA</font> <font style="font-size:12.0pt; font-family:Times New Roman">highest return for a quarter </font> <font style="font-size:12.0pt; font-family:Times New Roman">lowest return </font> 2009-06-30 2008-12-31 .2745 -.3277 <font style="font-size:12.0pt; font-family:Times New Roman">After-tax returns are calculated using the historical highest individual federal marginal income tax rates </font> <p>After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.</p> 0001051219 2014-04-01 2014-04-01 0001051219 fil:S000004755Member 2014-04-01 2014-04-01 0001051219 fil:S000004755Memberfil:C000012945Member 2014-04-01 2014-04-01 0001051219 fil:S000004755Memberfil:C000012945Memberrr:AfterTaxesOnDistributionsMember 2014-04-01 2014-04-01 0001051219 fil:S000004755Memberfil:C000012945Memberrr:AfterTaxesOnDistributionsAndSalesMember 2014-04-01 2014-04-01 0001051219 fil:S000004755Memberfil:RussellMember 2014-04-01 2014-04-01 0001051219 fil:S000004755Memberfil:SMember 2014-04-01 2014-04-01 0001051219 fil:S000004755Memberfil:NASDAQMember 2014-04-01 2014-04-01 pure iso4217:USD Applies to accounts with a balance of less than $1,000. This fee will be deducted directly from applicable accounts, if necessary by redeeming Fund shares. For more information about this fee, please see Account Servicing Fee on page 11 of the Prospectus. The Advisor has contractually agreed to waive its fees and/or reimburse the fund for expenses to the extent necessary to maintain the Fund's expense ration at 2.45%, exclusive of certain exempted expenses. The expense waiver expired in November, 2013, but was renewed for an additional year, to expire on November 30, 2014. Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Fund fees and expenses. 2012 includes the effect of one-time class action litigation settlements accruing to the Fund. If those settlements were not included, performance would have been lower. 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deduction for fees, expenses or taxes) -Comparison Index- NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes) Risk/Return: Risk/Return: Objective [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Primary [Text Block] Expense [Heading] Expense [Heading] Expense Narrative [Text Block] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees Caption [Text] Shareholder Fees [Table] Shareholder Fees [Table] Operating Expenses Caption [Text] Operating Expenses Caption [Text] Annual Fund Operating Expenses [Table] Annual Fund Operating Expenses [Table] Expense Example [Heading] Expense Example [Heading] Expense Example Narrative [Text Block] Expense Example Narrative [Text Block] Expense Example, With Redemption [Table] Expense Example, With Redemption [Table] Expense Example, No Redemption [Table] Expense Example, No Redemption [Table] Portfolio Turnover [Heading] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Portfolio Turnover [Text Block] Strategy [Heading] Strategy [Heading] Strategy Narrative [Text Block] Strategy Narrative [Text Block] Risk [Heading] Risk [Heading] Risk Narrative [Text Block] Risk Narrative [Text Block] Bar Chart and Performance Table [Heading] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Performance Narrative [Text Block] Bar Chart [Heading] Bar Chart [Heading] Bar Chart [Table] Bar Chart [Table] Bar Chart Closing [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Heading Performance [Table] Performance [Table] Market Index Performance [Table] Market Index Performance [Table] Performance Table Closing [Text Block] Performance Table Closing [Text Block] Shareholder Fees: Shareholder Fees: Maximum sales charge (load) imposed on purchased (as a percentage of offering price) Maximum sales charge (load) imposed on purchased (as a percentage of offering price) Maximum deferred sales charge (load) (as a percentage of the lesser of original purchase price or redemption proceeds) Maximum deferred sales charge (load) (as a percentage of the lesser of original purchase price or redemption proceeds) Redemption Fees Redemption Fees Redemption Fees{neg} Exchange Fees Exchange Fees Maximum Account Fee Maximum Account Fee Operating Expenses: Operating Expenses: Management Fee Management Fee Distribution/Service (12b-1 Fees) Distribution/Service (12b-1 Fees) Other Expenses (including administrative fees, transfer agency fees, and all other ordinary operating expenses not listed above) Other Expenses (including administrative fees, transfer agency fees, and all other ordinary operating expenses not listed above) Fees and Expenses of Acquired Funds Fees and Expenses of Acquired Funds Total Annual Fund Operating Expenses Total Annual Fund Operating Expenses Fee Waiver or Reimbursement Fee Waiver and/or expense Reimbursement Fee Waiver and/or expense Reimbursement Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement Expense Example: Expense Example: 1 Year Expense Example, with Redemption, 1 Year 3 Years Expense Example, with Redemption, 3 Years 5 Years Expense Example, with Redemption, 5 Years 10 Years Expense Example, with Redemption, 10 Years Bar Chart Table: Bar Chart Table: Annual Return 2004 Annual Return 2004 Annual Return 2005 Annual Return 2005 Annual Return 2006 Annual Return 2006 Annual Return 2007 Annual Return 2007 Annual Return 2008 Annual Return 2008 Annual Return 2009 Annual Return 2009 Annual Return 2010 Annual Return 2010 Annual Return 2011 Annual Return 2011 Annual Return 2012 Annual Return 2012 Annual Return 2013 Annual Return 2013 Average Annual Return: Average Annual Return: 1 Year 1 Year 5 Years 5 Years 10 Years 10 Years Risk/Return Detail [Table] Risk/Return Detail [Table] Document Type Document Type Document Period End Date Document Period End Date Registrant Name Registrant Name Central Index Key Central Index Key Amendment Flag Amendment Flag Prospectus Date Prospectus Date Portfolio Turnover, Rate Portfolio Turnover, Rate Risk Lose Money [Text] Risk Lose Money [Text] Performance Availability Phone [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Performance Past Does Not Indicate Future [Text] Label Highest Quarterly Return, Label Highest Quarterly Return, Date Highest Quarterly Return, Date Highest Quarterly Return Highest Quarterly Return Label Lowest Quarterly Return, Label Lowest Quarterly Return, Date Lowest Quarterly Return, Date Lowest Quarterly Return Lowest Quarterly Return Performance Table Uses Highest Federal Rate Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred Performance Table Not Relevant to Tax Deferred EX-101.PRE 7 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Nov. 30, 2013
Registrant Name dei_EntityRegistrantName Tanaka Funds Inc
Central Index Key dei_EntityCentralIndexKey 0001051219
Amendment Flag dei_AmendmentFlag false
Prospectus Date rr_ProspectusDate Apr. 01, 2014
Tanaka Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Objective [Heading] rr_ObjectiveHeading

INVESTMENT OBJECTIVE

Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund's investment objective is growth of capital.  The Fund's investment objective may be changed by the Board of Directors without shareholder approval.  If the Fund's investment objective changes, shareholders will be given at least thirty (30) days prior written notice before such change takes effect.

Expense [Heading] rr_ExpenseHeading

FEES AND EXPENSES

Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption

Shareholder Fees (fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption

Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment.)

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading

PORTFOLIO TURNOVER

Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio).  A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.  These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance.  During the most recent fiscal year, the Fund’s portfolio turnover rate was 34.52% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 34.52%
Expense Example [Heading] rr_ExpenseExampleHeading

Expense Example

Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.  The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The Example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.  Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading

PRINCIPAL INVESTMENT STRATEGIES

Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

The Fund employs the following principal investment strategies:

 - Normally investing in common stocks and other equity securities of small, medium and large capitalization companies.

 - Investing up to 45% of its net assets, measured at the time of investment, in foreign securities, including multinational and emerging market securities.  The Fund is a non-diversified fund, which means that the Fund may take larger positions in a small number of companies than a diversified fund.

 - Investing in issues which the Fund's investment Advisor believes have superior capital growth potential.  Companies that meet or exceed specific criteria established by the investment manager in the selection process are purchased.  Securities are sold when they reach internally determined pricing targets or no longer qualify under the manager’s investment criteria.

While the Fund usually will diversify its investments across a range of industry sectors, certain sectors are likely to be overweighted compared to others, because the Advisor actively seeks the best investment opportunities regardless of sector.  For example, the Fund may be overweighted at times in the financial services, technology and/or pharmaceutical/health care sectors.  The sectors in which the Fund may be overweighted will vary at different points in an economic cycle.

The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions.  When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

Risk [Heading] rr_RiskHeading

PRINCIPAL INVESTMENT RISKS

Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

The Fund is subject to the following principal investment risks:

Management Risk - The Advisor's growth-oriented investment approach may fail to produce the intended results.

Smaller Company Risk - To the extent the Fund invests in smaller capitalization companies, the Fund will be subject to additional risks. These include:

 - The earnings and prospects of smaller companies are more volatile than larger companies.

 - Smaller companies may experience higher failure rates than do larger companies.

 - The trading volume of securities of smaller companies is normally less than that of larger companies and,

 - therefore, may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger companies.

 - Smaller companies may have limited markets, product lines or financial resources and may lack management experience.

Single Company Investment Risk - Because the Fund may invest a larger portion of its assets in one or more companies than would a more diversified fund, the value of the Fund may disproportionately decrease in response to the activities and financial prospects of an individual company in the Fund's portfolio.  The value of an individual company can be more volatile than the market as a whole.

Market Risk – Overall stock market risks may also affect the value of the Fund.  Factors such as domestic economic growth and market conditions, interest rate levels and political events affect the securities markets and could cause the Fund's share price to fall.

Foreign Risk - To the extent the Fund invests in foreign securities, the Fund could be subject to greater risks because the Fund's performance may depend on issues other than the performance of a particular company.  Changes in foreign economies and political climates are more likely to affect the Fund than a fund that invests exclusively in U.S. companies.  The value of foreign securities is also affected by the value of the local currency relative to the U.S. dollar.  There may also be less government supervision of foreign markets, resulting in non-uniform accounting practices and less publicly available information.  Investment in securities of issuers based in underdeveloped emerging markets entails all of the risks of investing in securities of foreign issuers outlined in this section to a heightened degree.  These heightened risks include: (i) greater risks of expropriation, confiscatory taxation, nationalization, and less social, political and economic stability;  (ii) the smaller size of the market for such securities and a low or nonexistent volume of trading, resulting in lack of liquidity and in price  volatility;  (iii) certain national policies which may restrict a Fund's investment opportunities; and  (iv) in the case of Eastern Europe and in China and other Asian countries, the absence of developed capital markets and legal structures governing private or foreign investment and private property and the possibility that recent favorable  economic and political developments could be slowed or reversed by unanticipated events.

In addition to brokerage commissions, custodial services and other costs relating to investment in emerging markets are generally more expensive than in the United States.  Such markets historically have been unable to keep pace with the volume of securities transactions, making it difficult to conduct such transactions.

Non-Diversification Risk- As a non-diversified fund, the Fund's portfolio may at times focus on a limited number of companies and will be subject to substantially more investment risk and potential for volatility than a diversified fund.

Sector Risk-  If the Fund's portfolio is overweighted in a certain industry sector, any negative development affecting  that sector will have a greater impact on the Fund than a fund that is not overweighted in that sector.  For example, to the extent the Fund is overweighted in the financial services sector, the technology sector or the pharmaceutical/health care sector, it will be affected by developments affecting the applicable sector.  All three sectors are subject to changing government regulations that may limit profits and restrict services offered.  Companies in these sectors also may be significantly affected by intense competition.  In addition, the profitability of companies in the financial services industries can be significantly affected by the cost of capital and changes in interest rates, and technology and pharmaceutical/health care products may be subject to rapid obsolescence.

Volatility Risk- Common stocks tend to be more volatile than other investment choices.  The value of an individual company can be more volatile than the market as a whole.  This volatility affects the value of the Fund's shares.

Additional Risk Considerations- An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.  The Fund is not a complete investment program.  As with any mutual fund investment, the Fund's returns will vary and you could lose money.

Is the Fund Right For You?

The Fund may be suitable for:

 - long-term investors seeking a fund with a growth investment strategy;

 - investors who can tolerate the greater risks associated with common stock investments;

 - investors willing to accept the greater market price fluctuations of smaller companies;

 - investors who can tolerate the increased risks of foreign and emerging market securities; or

 - investors who can tolerate the increased risks and price fluctuations associated with a non-diversified fund.

Risk Lose Money [Text] rr_RiskLoseMoney

As with any mutual fund investment, the Fund's returns will vary and you could lose money.

Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading

THE FUND'S PAST PERFORMANCE

Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year and by showing how the Fund’s average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance).  The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.  Updated performance information is available at www.tanaka.com and by calling toll-free 877-4 TANAKA.

Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 877-4 TANAKA
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.tanaka.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading YEAR-BY-YEAR ANNUAL RETURNS (FOR CALENDER YEARS ENDING ON DEC. 31)
Annual Return 2004 rr_AnnualReturn2004 7.18%
Annual Return 2005 rr_AnnualReturn2005 (1.40%)
Annual Return 2006 rr_AnnualReturn2006 9.17%
Annual Return 2007 rr_AnnualReturn2007 13.98%
Annual Return 2008 rr_AnnualReturn2008 (49.68%)
Annual Return 2009 rr_AnnualReturn2009 51.26%
Annual Return 2010 rr_AnnualReturn2010 6.34%
Annual Return 2011 rr_AnnualReturn2011 (10.44%)
Annual Return 2012 rr_AnnualReturn2012 22.44% [4]
Annual Return 2013 rr_AnnualReturn2013 31.74%
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

During the periods shown, the highest return for a quarter was 27.45% (2nd quarter, 2009) and the lowest return was -32.77% (4th quarter, 2008).

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel highest return for a quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 27.45%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel lowest return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (32.77%)
Performance Table Heading rr_PerformanceTableHeading

AVERAGE ANNUAL TOTAL RETURNS (FOR PERIODS ENDING ON DEC. 31 2013)

Average Annual Total Returns for the Fund's Class R Shares (for periods ending on December 31, 2013)

Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred

After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.  Actual after-tax returns depend on an investor's tax situation and may differ from those shown.  After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

The above performance includes the effect of one-time class action litigation settlements accruing to the Fund in 2012.  If those settlements were not included, performance would have been lower.

Tanaka Growth Fund | -Comparison Index- Russell 3000 Growth Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 34.23%
5 Years rr_AverageAnnualReturnYear05 20.55%
10 Years rr_AverageAnnualReturnYear10 7.95%
Tanaka Growth Fund | -Comparison Index- S&P 500 Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 32.39%
5 Years rr_AverageAnnualReturnYear05 17.93%
10 Years rr_AverageAnnualReturnYear10 7.40%
Tanaka Growth Fund | -Comparison Index- NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 38.32%
5 Years rr_AverageAnnualReturnYear05 21.49%
10 Years rr_AverageAnnualReturnYear10 7.62%
Tanaka Growth Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchased (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none
Redemption Fees{neg} rr_RedemptionFeeOverRedemption (2.00%)
Exchange Fees rr_ExchangeFee none
Maximum Account Fee rr_MaximumAccountFee 8.00 [1]
Management Fee rr_ManagementFeesOverAssets 1.00%
Distribution/Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (including administrative fees, transfer agency fees, and all other ordinary operating expenses not listed above) rr_OtherExpensesOverAssets 1.24%
Fees and Expenses of Acquired Funds rr_AcquiredFundFeesAndExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.49%
Fee Waiver and/or expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.04%) [2]
Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 2.45% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 248
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 776
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,326
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,826
1 Year rr_AverageAnnualReturnYear01 31.74%
5 Years rr_AverageAnnualReturnYear05 18.35%
10 Years rr_AverageAnnualReturnYear10 4.39%
Tanaka Growth Fund | Class R | Return After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.74%
5 Years rr_AverageAnnualReturnYear05 18.35%
10 Years rr_AverageAnnualReturnYear10 4.39%
Tanaka Growth Fund | Class R | Return After Taxes on Distributions and Sale of Fund Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.91%
5 Years rr_AverageAnnualReturnYear05 14.95%
10 Years rr_AverageAnnualReturnYear10 3.49%
[1] Applies to accounts with a balance of less than $1,000. This fee will be deducted directly from applicable accounts, if necessary by redeeming Fund shares. For more information about this fee, please see Account Servicing Fee on page 11 of the Prospectus.
[2] The Advisor has contractually agreed to waive its fees and/or reimburse the fund for expenses to the extent necessary to maintain the Fund's expense ration at 2.45%, exclusive of certain exempted expenses. The expense waiver expired in November, 2013, but was renewed for an additional year, to expire on November 30, 2014.
[3] Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Fund fees and expenses.
[4] 2012 includes the effect of one-time class action litigation settlements accruing to the Fund. If those settlements were not included, performance would have been lower.

XML 14 R1.htm IDEA: XBRL DOCUMENT v2.4.0.8
Tanaka Growth Fund

INVESTMENT OBJECTIVE

The Fund's investment objective is growth of capital.  The Fund's investment objective may be changed by the Board of Directors without shareholder approval.  If the Fund's investment objective changes, shareholders will be given at least thirty (30) days prior written notice before such change takes effect.

FEES AND EXPENSES

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees (fees paid directly from your investment)

Shareholder Fees (USD $)
Tanaka Growth Fund
Class R
Maximum sales charge (load) imposed on purchased (as a percentage of offering price) none
Maximum deferred sales charge (load) (as a percentage of the lesser of original purchase price or redemption proceeds) none
Redemption Fees 2.00%
Exchange Fees none
Maximum Account Fee [1] 8.00
[1] Applies to accounts with a balance of less than $1,000. This fee will be deducted directly from applicable accounts, if necessary by redeeming Fund shares. For more information about this fee, please see Account Servicing Fee on page 11 of the Prospectus.

Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment.)

Annual Fund Operating Expenses
Tanaka Growth Fund
Class R
Management Fee 1.00%
Distribution/Service (12b-1 Fees) 0.25%
Other Expenses (including administrative fees, transfer agency fees, and all other ordinary operating expenses not listed above) 1.24%
Fees and Expenses of Acquired Funds none
Total Annual Fund Operating Expenses 2.49%
Fee Waiver and/or expense Reimbursement [1] (0.04%)
Total Annual Operating Expenses After Fee Waiver and/or Expense Reimbursement [2] 2.45%
[1] The Advisor has contractually agreed to waive its fees and/or reimburse the fund for expenses to the extent necessary to maintain the Fund's expense ration at 2.45%, exclusive of certain exempted expenses. The expense waiver expired in November, 2013, but was renewed for an additional year, to expire on November 30, 2014.
[2] Total Annual Fund Operating Expenses do not correlate to the ratio of average net assets in the Financial Highlights Table, which reflects the operating expenses of the Fund and does not include Acquired Fund fees and expenses.

Expense Example

The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.  The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods.  The Example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same.  Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example (USD $)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Tanaka Growth Fund Class R
248 776 1,326 2,826
~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column dei_LegalEntityAxis compact fil_S000004755Member column rr_ProspectusShareClassAxis compact * row primary compact * ~

PORTFOLIO TURNOVER

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio).  A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account.  These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance.  During the most recent fiscal year, the Fund’s portfolio turnover rate was 34.52% of the average value of its portfolio.

PRINCIPAL INVESTMENT STRATEGIES

The Fund employs the following principal investment strategies:

 - Normally investing in common stocks and other equity securities of small, medium and large capitalization companies.

 - Investing up to 45% of its net assets, measured at the time of investment, in foreign securities, including multinational and emerging market securities.  The Fund is a non-diversified fund, which means that the Fund may take larger positions in a small number of companies than a diversified fund.

 - Investing in issues which the Fund's investment Advisor believes have superior capital growth potential.  Companies that meet or exceed specific criteria established by the investment manager in the selection process are purchased.  Securities are sold when they reach internally determined pricing targets or no longer qualify under the manager’s investment criteria.

While the Fund usually will diversify its investments across a range of industry sectors, certain sectors are likely to be overweighted compared to others, because the Advisor actively seeks the best investment opportunities regardless of sector.  For example, the Fund may be overweighted at times in the financial services, technology and/or pharmaceutical/health care sectors.  The sectors in which the Fund may be overweighted will vary at different points in an economic cycle.

The Fund may, from time to time, take temporary defensive positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic, political, or other conditions.  When the Fund takes a defensive position, the Fund’s assets will be held in cash and/or cash equivalents.

PRINCIPAL INVESTMENT RISKS

The Fund is subject to the following principal investment risks:

Management Risk - The Advisor's growth-oriented investment approach may fail to produce the intended results.

Smaller Company Risk - To the extent the Fund invests in smaller capitalization companies, the Fund will be subject to additional risks. These include:

 - The earnings and prospects of smaller companies are more volatile than larger companies.

 - Smaller companies may experience higher failure rates than do larger companies.

 - The trading volume of securities of smaller companies is normally less than that of larger companies and,

 - therefore, may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger companies.

 - Smaller companies may have limited markets, product lines or financial resources and may lack management experience.

Single Company Investment Risk - Because the Fund may invest a larger portion of its assets in one or more companies than would a more diversified fund, the value of the Fund may disproportionately decrease in response to the activities and financial prospects of an individual company in the Fund's portfolio.  The value of an individual company can be more volatile than the market as a whole.

Market Risk – Overall stock market risks may also affect the value of the Fund.  Factors such as domestic economic growth and market conditions, interest rate levels and political events affect the securities markets and could cause the Fund's share price to fall.

Foreign Risk - To the extent the Fund invests in foreign securities, the Fund could be subject to greater risks because the Fund's performance may depend on issues other than the performance of a particular company.  Changes in foreign economies and political climates are more likely to affect the Fund than a fund that invests exclusively in U.S. companies.  The value of foreign securities is also affected by the value of the local currency relative to the U.S. dollar.  There may also be less government supervision of foreign markets, resulting in non-uniform accounting practices and less publicly available information.  Investment in securities of issuers based in underdeveloped emerging markets entails all of the risks of investing in securities of foreign issuers outlined in this section to a heightened degree.  These heightened risks include: (i) greater risks of expropriation, confiscatory taxation, nationalization, and less social, political and economic stability;  (ii) the smaller size of the market for such securities and a low or nonexistent volume of trading, resulting in lack of liquidity and in price  volatility;  (iii) certain national policies which may restrict a Fund's investment opportunities; and  (iv) in the case of Eastern Europe and in China and other Asian countries, the absence of developed capital markets and legal structures governing private or foreign investment and private property and the possibility that recent favorable  economic and political developments could be slowed or reversed by unanticipated events.

In addition to brokerage commissions, custodial services and other costs relating to investment in emerging markets are generally more expensive than in the United States.  Such markets historically have been unable to keep pace with the volume of securities transactions, making it difficult to conduct such transactions.

Non-Diversification Risk- As a non-diversified fund, the Fund's portfolio may at times focus on a limited number of companies and will be subject to substantially more investment risk and potential for volatility than a diversified fund.

Sector Risk-  If the Fund's portfolio is overweighted in a certain industry sector, any negative development affecting  that sector will have a greater impact on the Fund than a fund that is not overweighted in that sector.  For example, to the extent the Fund is overweighted in the financial services sector, the technology sector or the pharmaceutical/health care sector, it will be affected by developments affecting the applicable sector.  All three sectors are subject to changing government regulations that may limit profits and restrict services offered.  Companies in these sectors also may be significantly affected by intense competition.  In addition, the profitability of companies in the financial services industries can be significantly affected by the cost of capital and changes in interest rates, and technology and pharmaceutical/health care products may be subject to rapid obsolescence.

Volatility Risk- Common stocks tend to be more volatile than other investment choices.  The value of an individual company can be more volatile than the market as a whole.  This volatility affects the value of the Fund's shares.

Additional Risk Considerations- An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.  The Fund is not a complete investment program.  As with any mutual fund investment, the Fund's returns will vary and you could lose money.

Is the Fund Right For You?

The Fund may be suitable for:

 - long-term investors seeking a fund with a growth investment strategy;

 - investors who can tolerate the greater risks associated with common stock investments;

 - investors willing to accept the greater market price fluctuations of smaller companies;

 - investors who can tolerate the increased risks of foreign and emerging market securities; or

 - investors who can tolerate the increased risks and price fluctuations associated with a non-diversified fund.

THE FUND'S PAST PERFORMANCE

The following bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year and by showing how the Fund’s average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance).  The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.  Updated performance information is available at www.tanaka.com and by calling toll-free 877-4 TANAKA.

YEAR-BY-YEAR ANNUAL RETURNS (FOR CALENDER YEARS ENDING ON DEC. 31)
Bar Chart
[1] 2012 includes the effect of one-time class action litigation settlements accruing to the Fund. If those settlements were not included, performance would have been lower.

During the periods shown, the highest return for a quarter was 27.45% (2nd quarter, 2009) and the lowest return was -32.77% (4th quarter, 2008).

AVERAGE ANNUAL TOTAL RETURNS (FOR PERIODS ENDING ON DEC. 31 2013)

Average Annual Total Returns for the Fund's Class R Shares (for periods ending on December 31, 2013)

Average Annual Total Returns Tanaka Growth Fund
1 Year
5 Years
10 Years
-Comparison Index- Russell 3000 Growth Index (reflects no deduction for fees, expenses or taxes)
34.23% 20.55% 7.95%
-Comparison Index- S&P 500 Index (reflects no deduction for fees, expenses or taxes)
32.39% 17.93% 7.40%
-Comparison Index- NASDAQ Composite Index (reflects no deduction for fees, expenses or taxes)
38.32% 21.49% 7.62%
Class R
31.74% 18.35% 4.39%
Class R Return After Taxes on Distributions
31.74% 18.35% 4.39%
Class R Return After Taxes on Distributions and Sale of Fund Shares
17.91% 14.95% 3.49%
~ http://xbrl.sec.gov/rr/role/MarketIndexPerformanceData column dei_LegalEntityAxis compact fil_S000004755Member row primary compact * row rr_PerformanceMeasureAxis compact * ~

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.  Actual after-tax returns depend on an investor's tax situation and may differ from those shown.  After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.

The above performance includes the effect of one-time class action litigation settlements accruing to the Fund in 2012.  If those settlements were not included, performance would have been lower.

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