Mairs and Power Growth Fund (MPGFX)

Growth Fund Price

closing 05/24/2013
MPGFX $97.91
 
Fund Management

Fund Management

  • William B. Frels, Chairman of the Board of Mairs and Power, Inc., is primarily responsible for the day-to-day management of the Fund's portfolio.
    Mr. Frels has been an officer and director of Mairs and Power, Inc. since July 1992. He is also the lead manager of the Mairs & Power Balanced Fund.
  • Mark L. Henneman, Executive Vice-President of Mairs and Power, Inc., was named co-manager of the Mairs & Power Growth Fund effective January 1, 2006. Mr. Henneman has been an officer of Mairs and Power, Inc. since July 2004.
  • While Mr. Frels and Mr. Henneman are responsible for the day-to-day management of the Fund, they work collaboratively with the other six members of the Investment Committee to make team centered decisions regarding the stocks they will use in the Growth Fund portfolio.
 

Fund Facts

  • Date of Inception:

    11/07/1958

  • Minimum Initial Investment:

    $2,500 ($1,000 for IRA accounts)

  • Subsequent Minimum Purchase:

    $100.00

  • Expense Ratio:

    0.68% (annualized as of 3/31/2013)

  • Turnover Ratio:

    0.00% (as of 3/31/2013)

  • Total Net Assets:

    $3.0 billion (as of 3/31/2013)

  • Income Distribution:

    Semi-annual

  • Capital Gain Distribution:

    Annual

     
 

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