About MPGFX
The Mairs & Power Growth Fund is a large blend mutual fund designed to provide shareholders with a diversified portfolio of common stocks that possess the potential for above-average, long-term capital appreciation. Established in 1958, the fund employs a disciplined, bottom-up investment approach that favors companies exhibiting consistent growth, strong returns on invested capital, and durable competitive advantages. While the strategy retains a historical emphasis on firms headquartered in Minnesota and the broader Upper Midwest, it has steadily expanded its reach to include leading national and global businesses for enhanced sector diversification and competitiveness. The portfolio typically consists of about 40 to 50 holdings and displays a low annual turnover, reflecting a long-term investment focus. Notable sector representation includes technology, industrials, healthcare, and financial services, with significant allocations to companies such as Microsoft, NVIDIA, and UnitedHealth Group. Managed by an experienced investment team, the fund is recognized for its conservative growth expectations and commitment to maintaining a high active share, distinguishing it within the large blend category. It primarily targets individual and institutional investors seeking steady capital growth through a carefully constructed and actively managed stock portfolio.
Fund Family Mairs & Power
Category Large Blend
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MPGFX
Index S&P 500 TR
MPGFX had a total return of 16.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.78%.
