<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>sdc150a.txt
<DESCRIPTION>FORM 4 - NAIC GROWTH FUND INC.
<TEXT>
                                                  ------------------------------
                                                           OMB APPROVAL
                                                  ------------------------------
                                                  OMB Number           3235-0287
                                                  Expires:      January 31, 2005
                                                  Estimated average burden
                                                  hours per response ....... 0.5
                                                  ------------------------------

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
       Section 17(a) of the Public Utility Holding Company Act of 1935 or
               Section 30(f) of the Investment Company Act of 1940

[_]  Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
     may continue. See Instruction 1(b).

________________________________________________________________________________
1.   Name and Address of Reporting Person*

    Sims                              Luke                  E.
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   (Last)                           (First)             (Middle)

                     777 East Wisconsin Avenue, Suite 3700
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                                    (Street)

 Milwaukee                            WI                 53202
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   (City)                           (State)              (Zip)

________________________________________________________________________________
2.   Issuer Name and Ticker or Trading Symbol

     NAIC Growth Fund, Inc. (GRF)

________________________________________________________________________________
3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)


________________________________________________________________________________
4.   Statement for Month/Year

     6/02
________________________________________________________________________________
5.   If Amendment, Date of Original (Month/Year)


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6.   Relationship of Reporting Person to Issuer
     (Check all applicable)

     [X]  Director                             [_]  10% Owner
     [_]  Officer (give title below)           [_]  Other (specify below)
________________________________________________________________________________
<PAGE>

7.   Individual or Joint/Group Filing (Check applicable line)

     [X]  Form filed by one Reporting Person
     [_]  Form filed by more than one Reporting Person
________________________________________________________________________________



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           Table I -- Non-Derivative Securities Acquired, Disposed of,
                             or Beneficially Owned
================================================================================
<TABLE>
<CAPTION>
                                                   4.                         5.              6.
                                                   Securities Acquired (A)    Amount of       Ownership
                                    3.             or Disposed of (D)         Securities      Form:           7.
                     2.             Transaction    (Instr. 3, 4 and 5)        Beneficially    Direct          Nature of
                     Transaction    Code           -----------------------    Owned at End    (D) or          Indirect
1.                   Date           (Instr. 8)               (A)              of Month        Indirect        Beneficial
Title of Security    (Month/        -----------               or              (Instr. 3       (I)             Ownership
(Instr. 3)           Day/Year)      Code    V      Amount    (D)     Price    and 4)          (Instr.4)       (Instr. 4)
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<S>                  <C>            <C>     <C>     <C>      <C>     <C>         <C>              <C>      <C>

Common Stock         6/03/02                        100      A       10.80       25,599           D
------------------------------------------------------------------------------------------------------------------------------
                                                                                     45           I        By self-directed
                                                                                                           Keogh plan
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                                                                                 17,415           I        By children
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                                                                                 51,130           I        By Triad Investment
                                                                                                           Company, LLC
------------------------------------------------------------------------------------------------------------------------------

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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.
*    If the Form is filed by more than one Reporting Person, see Instruction
     4(b)(v).


Persons who respond to the collection of information
contained in this form are not required to respond                        (Over)
unless the form displays a currently valid OMB                   SEC 1474 (3-00)
control number.
<PAGE>
FORM 4 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)

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<TABLE>
<CAPTION>
                                                                                                                    10.
                                                                                                          9.        Owner-
                                                                                                          Number    ship
                                                                                                          of        Form
                    2.                                                                                    Deriv-    of
                    Conver-                    5.                              7.                         ative     Deriv-   11.
                    sion                       Number of                       Title and Amount           Secur-    ative    Nature
                    or                         Derivative    6.                of Underlying     8.       ities     Secur-   of
                    Exer-             4.       Securities    Date              Securities        Price    Bene-     ity:     In-
                    cise     3.       Trans-   Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct
                    Price    Trans-   action   or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-
1.                  of       action   Code     of(D)         (Month/Day/Year)            Amount  ative    at End    In-      ficial
Title of            Deriv-   Date     (Instr.  (Instr. 3,    ----------------            or      Secur-   of        direct   Owner-
Derivative          ative    (Month/  8)       4 and 5)      Date     Expira-            Number  ity      Month     (I)      ship
Security            Secur-   Day/     ------   ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    Code V    (A)   (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
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<S>                 <C>      <C>      <C>  <C>  <C>   <C>    <C>      <C>      <C>       <C>     <C>      <C>       <C>      <C>


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</TABLE>
Explanation of Responses:



/s/ Luke E. Sims                                                 7/10/02
---------------------------------------------            -----------------------
                                                                  Date


**     Intentional misstatements or omissions of facts constitute Federal
       Criminal Violations.

       See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be manually signed.
       If space is insufficient, see Instruction 6 for procedure.


                                                                          Page 2

Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB Number.

</TEXT>
</DOCUMENT>
