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Address And Details

W 1520 1st Natl Bank Bldg., 332 Minnesota St , St. Paul, MN 55101-1363
Fund Manager Kevin Earley
Manager Tenure 6 Years 11 Months

Strategy And Objective

Mairs & Power Balanced Fund s (the Fund) fundamental objective is to provide capital growth, current income and preservation of capital. The Fund invests primarily in U.S. common stock and other securities convertible into common stock as well as fixed income securities such as corporate bonds and U.S. Government securities. The Fund may also invest insecurities of foreign issuers which are listed on a U.S. stock exchange or are represented by American Depositary Receipts (ADRs). In selecting equity securities for the Fund, the Fund s investment adviser, Mairs & Power, Inc.(the Adviser), gives preference to companies that exhibit the potential for above-average growth and durable competitive advantages at reasonabl evaluations. In the Adviser's experience, these securities typically have strong returns on invested capital. The Adviser focuses generally on companies located in Minnesota and other states in the Upper Midwest region of the U.S.(which the Adviser considers to be the states of Illinois, Iowa, Minnesota, North Dakota, South Dakota and Wisconsin). The Adviser follows a multi-cap approach and the Fund invests in stocks of small-cap, mid-cap, and large-cap companies.

Net Asset Value

as of 5:05 PM ET 12/06/2021

Performance

  • 1 Week
  • -0.29%
  • 1 Month
  • -1.27%
  • 3 Months
  • -0.95%
  • 1 Yr Return
  • +12.25%
  • 5 Yr Return
  • +36.04%

Equity Sector Breakdown

Technology 18.48%
Finance 11.61%
IndustrialCyclical 11.32%
Health 11.25%
NonDurables 8.14%
RetailTrade 4.10%
Services 1.68%
ConsumerDurables 0.70%
Utilities 0.47%
Energy n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 67.74%
ForeignStocks 4.10%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 1.01 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.05 -1.11 0.03
Beta 0.65 0.65 0.65
R Squared 0.95 0.93 0.91
Std Deviation 12.35 10.41 8.92
Sharpe Ratio 1.14 1.04 n/a

Purchase Information

as of 5:03 PM ET 12/03/2021
Minimum Initial $2500
Minimum Additional $100
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +16.80%
  • +21.84%
+16.80% +21.84%
3 Year
  • +12.68%
  • +11.10%
+12.68% +11.10%
10 Year
  • +10.55%
  • +11.04%
+10.55% +11.04%
Life Of Fund
  • +9.68%
  • +9.65%
+9.68% +9.65%

Top 10 Holdings

Symbol Company Name % Of Assets
GOOG ALPHABET INC CLASS C 4.64%
MSFT MICROSOFT CORP 3.82%
UNH UNITEDHEALTH GROUP INC 2.91%
USB US BANCORP 2.52%
ECL ECOLAB INC 2.47%
MDT MEDTRONIC PLC 2.42%
LLY ELI LILLY & CO 2.28%
ABT ABBOTT LABORATORIES 2.18%
V VISA INC 2.14%
JPM JPMORGAN CHASE & CO 1.97%

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