About MAPOX
The Mairs & Power Balanced Fund is a moderate allocation mutual fund designed to provide a blend of capital growth, current income, and preservation of capital. Established in 1961, the fund maintains a diversified portfolio primarily composed of U.S. common stocks and investment-grade fixed income securities, typically targeting an allocation around 60% equities and 40% bonds. The fund's equity holdings focus on large, established companies with robust long-term growth prospects and durable competitive advantages, often emphasizing firms within the Upper Midwest region while also seeking opportunities nationwide for sector diversification. In fixed income, the fund favors corporate bonds, particularly those offering excess yield over Treasuries, and strategically maintains a slightly shorter duration to help manage interest rate risk. The fund's disciplined, long-term investment approach seeks to balance risk and return through careful security selection and valuation discipline. With experienced management and a history of consistent performance, the Mairs & Power Balanced Fund plays a key role in the market for investors seeking a stable foundation that combines income and growth within a single, integrated portfolio.
Fund Family Mairs & Power
Category Allocation--50% to 70% Equity
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MAPOX
Index Index is not available on Lipper Database
MAPOX had a total return of 9.91% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.95%.
