At a Glance
Mairs & Power
Family of Funds
We offer three mutual funds, the Growth Fund, the Balanced Fund, and the Small-Cap Fund, each managed according to the same focused long-term investing process that has been the hallmark of the firm since 1931.
As a shareholder in a Mairs & Power mutual fund, you own shares of a professionally-managed portfolio. We invite you to explore our funds to see which ones are right for you.
Select a Fund
GROWTH
FUND
GROWTH FUND
A diversified portfolio of common stocks, which have the potential for above-average, long-term appreciation.
FUND DETAILSBALANCED
FUND
BALANCED FUND
Portfolio of equities and fixed income that seeks capital growth, current income and preservation of capital.
FUND DETAILSSMALL CAP
FUND
SMALL CAP FUND
A portfolio of small-cap stocks that seeks above-average, long-term appreciation.
FUND DETAILSAverage Annualized Returns (%)
| As of 09/30/2020 |
| FUND/INDEX | 1 YR | 5 YR | 10 YR | 20 YR | SINCE INCEPTION |
|---|---|---|---|---|---|
| Mairs & Power Growth Fund1 | 11.32 | 12.42 | 12.52 | 9.46 | 11.28 |
| S&P 500 TR Index2 | 15.15 | 14.15 | 13.74 | 6.42 | 10.28 |
| Lipper Multi-Cap Core Index3 | 14.09 | 12.15 | 11.83 | 6.11 | - |
| Mairs & Power Balanced Fund1 | 5.64 | 8.59 | 8.97 | 7.07 | 9.47 |
| Composite Index4 | 12.92 | 10.57 | 9.95 | 6.25 | 9.00 |
| Morningstar Category5 | 6.28 | 7.13 | 6.98 | 4.54 | - |
| S&P 500 TR Index2 | 15.15 | 14.15 | 13.74 | 6.42 | - |
| Bloomberg Barclays U.S.Govt/Credit Bond Index6 | 8.03 | 4.66 | 3.87 | 5.19 | - |
| Mairs & Power Small Cap Fund1 | -7.56 | 6.74 | - | - | 11.63 |
| S&P Small Cap 600 Index7 | -8.29 | 7.20 | - | - | 10.82 |
| Russell 2000 TR Index8 | 0.39 | 8.00 | - | - | 10.36 |
| Morningstar Small Blend Category9 | -6.62 | 5.34 | - | - | - |
Inception Dates:
Growth Fund 11/7/1958 | Balanced Fund 11/10/1961 | Small Cap Fund 8/11/11.
Expense ratios annualized as of 12/31/19 as of the Prospectus dated 4/30/20:
Growth Fund 0.65% | Balanced Fund 0.71% | Small Cap Fund 1.05%
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance as of the most recent month end is available by calling 800-304-7404.
1Performance information shown includes the reinvestment of dividend and capital gain distributions, but does not reflect the deduction of taxes that a shareholder would pay on Funds' distributions or the redemption of Funds' shares.
Index Definitions
2S&P 500 TR Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market.
3Lipper Multi-Cap Core Funds Index measures performance of the 30 largest mutual funds that invest in a variety of capitalization ranges, without concentrating 75% or more of their equity assets in any one market capitalization range over an extended period of time.
4Composite Index reflects an unmanaged portfolio of 60% of the S&P 500 TR Index and 40% of the Bloomberg Barclays U.S. Government/Credit Bond Index. S&P 500 TR Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. Index has 60% global equity exposure and 40% global bond exposure.
5Morningstar US Fund Allocation-50% to 70% Equity Category portfolios seek both capital appreciation and income by typically investing 50% to 70% of assets in equities and the remainder in fixed income and cash.
6Bloomberg Barclays U.S. Government/Credit Bond Index is a broad-based flagship benchmark that measures the non-securitized component of the U.S. Aggregate Index. It includes investment-grade, U.S. dollar-denominated, fixed-rate treasuries, government-related and corporate securities.
7S&P Small Cap 600 TR Index is an index of small-company stocks managed by Standard and Poor’s that covers a broad range of small cap stocks in the U.S. The index is weighted according to market capitalization and covers about 3-4% of the total market for equities in the U.S. It tracks both the capital gains of a group of stocks over time and assumes that any cash distributions, such as dividends, are reinvested back in the index.
8The Russell 2000 TR Index is a small-cap stock market index of the smallest 2,000 stocks in the Russell 3000 Index.
9Morningstar Small Blend Category are stocks in the bottom 10% of the capitalization of the U.S. equity market are defined as small cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate.
It is not possible to invest directly in an index.
How to Invest
Existing shareholders: You can add to your current investment or open a new account in any of the Mairs & Power mutual funds by logging in to My Fund Account, calling Shareholder Services at 800-304-7404, or mailing your application and investment to the addresses below.
New investors working with financial advisors: Your financial advisor can open an account for you on most platforms.
New direct investors: You can open a new account by
For regular mail delivery:
U.S. Bank Global Fund Services
P.O. Box 701
Milwaukee, WI 53201-0701
For express and overnight mail delivery:
U.S. Bank Global Fund Services
3rd Floor
615 East Michigan Street
Milwaukee, WI 53202
| MINIMUM INVESTMENT AMOUNTS | |
|---|---|
| New account | $2,500 |
| Subsequent investments | $100 |
| New IRA account | $1,000 |
| Subsequent IRA investments | $100 |
QUESTIONS?
We’re here to help you with all your account opening or servicing questions.
Please call 800-304-7404
Fund Documents
APPLICATIONS / MAINTENANCE
RESOURCES
REPORTS
Fund Governance
IMPORTANT RISKS
All investments have risks. The Funds are designed for long-term investors. Equity investments are subject to market fluctuations and the Fund’s share price can fall because of weakness in the broad market, a particular industry or specific holdings. Investments in small and mid-cap companies generally are more volatile. International investing risks include among others political, social or economic instability, difficulty in predicting international trade patterns, taxation, and foreign trading practices and greater fluctuations in price than U.S. corporations.
Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities.
The Small Cap Fund may invest in initial public offerings by small cap companies, which can involve greater risks than investments in companies which are already publicly traded.
