Mairs and Power

Balanced Fund Quarterly Fund Commentary

June 30, 2014

Second Quarter Results

For the second quarter and six months ending June 30, 2014, The Mairs & Power Balanced Fund gained 3.82% and 5.92% respectively; in line with its benchmark composite index (60% S&P 500 Stock Index and 40% Barclays Capital Government/Credit Bond Index), which gained 1.92% and 3.94%, for the periods...

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