Balanced Fund Quarterly Fund Commentary
December 31, 2013
Fourth Quarter Results
The Mairs & Power Balanced Fund returned 19.02% in 2013, outperforming the 17.40% return of its benchmark composite index (60% S&P 500 Stock Index and 40% Barclays Capital Government/Credit Bond Index). For the quarter, the Fund at 6.17% performed in-line with the benchmark at 6.21%...
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