Address And Details
|W 1520 1st Natl Bank Bldg., 332 Minnesota St , St. Paul, MN 55101-1363|
|Fund Manager||Kevin Earley|
|Manager Tenure||7 Years|
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
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||1.03 B|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$1000|
|Timeframe||Average Annual Current Performance Monthly As Of 12/31/2021||Average Annual Current Performance Quarterly As Of 12/31/2021||Avg Annual Current Performance Monthly As Of 12/31/2021||Avg Annual Current Performance Quarterly As Of 12/31/2021|
|Life Of Fund||
Top 10 Holdings
|Symbol||Company Name||% Of Assets|
|GOOG||ALPHABET INC CLASS C||4.45%|
|UNH||UNITEDHEALTH GROUP INC||2.87%|
|LLY||ELI LILLY & CO||2.23%|
|JPM||JPMORGAN CHASE & CO||2.10%|
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