Mairs & Power Growth Inv
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-25.6%
1 yr return
-4.9%
3 Yr Avg Return
14.4%
5 Yr Avg Return
11.3%
Net Assets
$4.91 B
Holdings in Top 10
45.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.61%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 13.17%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Large Blend
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
MPGFX - Profile
Distributions
- YTD Total Return -25.6%
- 3 Yr Annualized Total Return 14.4%
- 5 Yr Annualized Total Return 11.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.55%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameMairs & Power Growth Fund
-
Fund Family NameMairs & Power
-
Inception DateNov 07, 1958
-
Shares Outstanding35776087
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Adams
Fund Description
The fund invests primarily in U.S. common stocks. In selecting 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 reasonable valuations. The fund may also invest up to 25% of its total assets in securities of foreign issuers, which are listed on a U.S. stock exchange or are represented by American Depositary Receipts (ADRs).
MPGFX - Performance
Return Ranking - Trailing
| Period | MPGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -25.6% | -53.4% | 32.8% | 72.37% |
| 1 Yr | -4.9% | -38.2% | 46.9% | 79.18% |
| 3 Yr | 14.4%* | -6.0% | 26.9% | 62.47% |
| 5 Yr | 11.3%* | -2.5% | 19.2% | 68.18% |
| 10 Yr | 12.8%* | 2.8% | 16.6% | 63.89% |
* Annualized
Return Ranking - Calendar
| Period | MPGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 19.5% | -87.2% | 537.8% | 38.53% |
| 2020 | 7.0% | -94.0% | 2181.7% | 76.01% |
| 2019 | 19.5% | -22.7% | 40.4% | 70.00% |
| 2018 | -12.1% | -100.0% | 4.6% | 42.66% |
| 2017 | 6.4% | -100.0% | 36.4% | 85.68% |
Total Return Ranking - Trailing
| Period | MPGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -25.6% | -97.2% | 32.8% | 72.02% |
| 1 Yr | -4.9% | -38.2% | 67.6% | 73.61% |
| 3 Yr | 14.4%* | -7.1% | 26.9% | 57.30% |
| 5 Yr | 11.3%* | -2.9% | 19.2% | 65.37% |
| 10 Yr | 12.8%* | 2.8% | 16.6% | 61.44% |
* Annualized
Total Return Ranking - Calendar
| Period | MPGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 19.5% | -87.2% | 537.8% | 38.98% |
| 2020 | 7.0% | -94.0% | 2181.7% | 76.01% |
| 2019 | 19.5% | -21.6% | 40.4% | 70.55% |
| 2018 | -4.3% | -100.0% | 8.2% | 12.09% |
| 2017 | 16.5% | -100.0% | 35.2% | 70.26% |
NAV & Total Return History
MPGFX - Holdings
Concentration Analysis
| MPGFX | Category Low | Category High | MPGFX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.91 B | 177 K | 1.21 T | 24.07% |
| Number of Holdings | 52 | 2 | 4154 | 74.45% |
| Net Assets in Top 10 | 2.47 B | 971 | 270 B | 16.92% |
| Weighting of Top 10 | 45.37% | 1.8% | 100.0% | 12.45% |
Top 10 Holdings
- Microsoft Corp 8.05%
- Alphabet Inc Class C 7.01%
- Amazon.com Inc 5.71%
- UnitedHealth Group Inc 5.45%
- NVIDIA Corp 4.14%
- NVIDIA Corp 4.14%
- NVIDIA Corp 4.14%
- NVIDIA Corp 4.14%
- NVIDIA Corp 4.14%
- NVIDIA Corp 4.14%
Asset Allocation
| Weighting | Return Low | Return High | MPGFX % Rank | |
|---|---|---|---|---|
| Stocks | 99.54% | 0.00% | 130.24% | 34.17% |
| Cash | 0.46% | -102.29% | 100.00% | 64.50% |
| Preferred Stocks | 0.00% | 0.00% | 2.23% | 67.68% |
| Other | 0.00% | -13.91% | 134.98% | 67.55% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 66.22% |
| Bonds | 0.00% | -0.04% | 95.81% | 66.16% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MPGFX % Rank | |
|---|---|---|---|---|
| Technology | 23.39% | 0.00% | 62.33% | 57.86% |
| Healthcare | 19.99% | 0.00% | 60.70% | 7.06% |
| Industrials | 15.61% | 0.00% | 38.63% | 7.73% |
| Financial Services | 12.44% | 0.00% | 55.59% | 73.45% |
| Communication Services | 8.19% | 0.00% | 27.94% | 54.03% |
| Consumer Cyclical | 7.83% | 0.00% | 50.47% | 83.27% |
| Basic Materials | 6.96% | 0.00% | 26.10% | 6.12% |
| Consumer Defense | 5.01% | 0.00% | 49.14% | 84.01% |
| Utilities | 0.58% | 0.00% | 25.44% | 79.64% |
| Real Estate | 0.00% | 0.00% | 37.52% | 95.97% |
| Energy | 0.00% | 0.00% | 41.64% | 94.69% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MPGFX % Rank | |
|---|---|---|---|---|
| US | 95.22% | 0.00% | 127.77% | 61.51% |
| Non US | 4.32% | 0.00% | 33.69% | 29.33% |
MPGFX - Expenses
Operational Fees
| MPGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.61% | 0.01% | 3.53% | 60.07% |
| Management Fee | 0.55% | 0.00% | 2.00% | 58.07% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | 0.52% |
Sales Fees
| MPGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MPGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MPGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 13.17% | 0.00% | 496.00% | 28.62% |
MPGFX - Distributions
Dividend Yield Analysis
| MPGFX | Category Low | Category High | MPGFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.62% | 0.00% | 14.76% | 40.83% |
Dividend Distribution Analysis
| MPGFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| MPGFX | Category Low | Category High | MPGFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.55% | -54.00% | 6.06% | 58.30% |
Capital Gain Distribution Analysis
| MPGFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Jun 29, 2022 | $0.454 | OrdinaryDividend |
| Jun 29, 2021 | $0.490 | OrdinaryDividend |
| Jun 29, 2020 | $0.750 | OrdinaryDividend |
| Jun 27, 2019 | $0.740 | OrdinaryDividend |
| Jun 28, 2018 | $0.650 | OrdinaryDividend |
| Jun 29, 2017 | $0.810 | OrdinaryDividend |
| Jun 29, 2016 | $0.800 | OrdinaryDividend |
| Jun 29, 2015 | $0.850 | OrdinaryDividend |
| Jun 27, 2013 | $0.580 | OrdinaryDividend |
| Jun 28, 2012 | $0.650 | OrdinaryDividend |
MPGFX - Fund Manager Analysis
Managers
Andrew Adams
Start Date
Tenure
Tenure Rank
Jan 01, 2015
7.42
7.4%
As the firm's Chief Investment Officer, Andy implements overall investment policy, directs portfolio management, research, trading, investment strategy and risk management functions and has oversight responsibility for the equity research staff. Following an internship with Madison Investment Advisors, Andy began his career in 1997 with Advantus Capital Management where he served as an investment officer. In 2003, he joined U.S. Bancorp Asset Management in Minneapolis where he co-managed a small cap blend mutual fund. Andy earned a BBA in finance and mathematics and an MS degree in finance.
Peter Johnson
Start Date
Tenure
Tenure Rank
Apr 01, 2019
3.17
3.2%
Pete joined the firm as an Assistant Vice President and Analyst and was promoted to Vice President and Investment Manager of individually managed accounts in July 2014. Pete was named Co-Manager of the Growth Fund effective April 2019. Pete began his investment career at Ulland Investment Advisors as an Equity Analyst in 2003. He also had worked as an Equity Analyst intern for the State of Wisconsin Investment Board in Madison, Wisconsin. Pete earned his BA from Carleton College in Northfield, Minnesota and went on to graduate with an MBA from the University of Wisconsin, Madison. He is a CFA charterholder as well as a Chartered Investment Counselor.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.16 | 2.42 |