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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 DETAILS

BALANCED
FUND

BALANCED FUND

Portfolio of equities and fixed income that seeks capital growth, current income and preservation of capital.

FUND DETAILS

SMALL CAP
FUND

SMALL CAP FUND

A portfolio of small-cap stocks that seeks above-average, long-term appreciation.

FUND DETAILS

Average Annualized Returns (%)
As of 9/30/2019

FUND/INDEX 1 YR 5 YR 10 YR 20 YR SINCE INCEPTION
Mairs & Power Growth Fund1 4.279.3912.659.5411.28
S&P 500 TR Index2 4.2510.8413.246.3310.20
Lipper Multi-Cap Core Index3 0.988.8211.506.45-
  
Mairs & Power Balanced Fund1 6.546.979.657.499.54
Composite Index4 7.508.109.676.169.03
Morningstar Category5 3.535.607.805.94-
S&P 500 TR Index2 4.2510.8413.246.33-
Bloomberg Barclays U.S.Govt/Credit Bond Index6 11.323.613.945.12-
  
Mairs & Power Small Cap Fund1 -6.927.81--14.25
S&P Small Cap 600 Index7 -9.349.89--13.43
Morningstar Small Blend Category8 -7.726.89---

Inception Dates:
Growth Fund 11/7/1958  |  Balanced Fund 11/10/1961  | Small Cap Fund 8/11/11. 

Expense ratios annualized as of 12/31/2018:
Growth Fund 0.64%  |  Balanced Fund 0.72% |  Small Cap Fund 1.04%

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.

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

  • Going Online 
  • Calling Shareholder Services at 800-304-7404, or
  • Completing the appropriate application and mailing it with your check to: 

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

General

RESOURCES

Growth Fund

REPORTS

Prospectuses

Fund Governance

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Mary Schmid Daugherty, CFA, PhD

Trustee, Chair of the Board

Bio

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James D. Alt

Trustee, Nominating & Governance Committee Chair

Bio

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Patrick A. Thiele, CFA

Trustee, Audit Committee Chair

Bio

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Susan E. Knight

Trustee

Bio

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Jon A. Theobald

Trustee

Bio

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Mark Henneman, CFA, CIC

Trustee & President of the Trust

Bio

MAIRS & POWER FUNDS TRUST OFFICERS

Andrew R. Adams, Vice President    Bio

 

Kevin V. Earley, Vice President    Bio

 

Allen D. Steinkopf, Vice President    Bio

 

Robert W. Mairs, Secretary & Chief Compliance Officer    Bio

 

Andrea C. Stimmel, Treasurer    Bio

 

 

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.