Overview Of Mairs & Power Growth Investor Fund

Mairs & Power Growth Investor (MPGFX - MF report) a Zacks Rank #1 (Strong Buy) seeks to provide shareholders with a diversified holding of common stocks, which appear to offer possibilities for long-term appreciation. The fund's common stocks continue to be the primary emphasis in the portfolio.

This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Value, Intermediate Bond and Small Value. Further, as of the last filing, Ecolab Inc. (ECL), US Bancorp (USB), and 3M Co. (MMM) were the top holdings for MPGFX.

The Mairs & Power Growth Investor fund, managed by Mairs & Power, carries an expense ratio of 0.65%, and requires a minimal initial investment of $2,500.

MPGFX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 6.14%, 3 year 10.57% and 5 year 12.45%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

MPGFX’s performance, as of the last filing, when compared to funds in its category was in the top 1% in 1 year, top 24% over the past 3 years, and in the 3% over the past 5 years.

Disclosure: Zacks.com contains statements and statistics that have ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.