Mairs & Power Small Cap Fund
Data updated: 2022-05-16
C000103067 — Mairs & Power Small Cap Fund. Developed ex-US Small Cap Blend / Core Equity · $399.14M AUM. Holdings, fees, performance and SEC filings.
C000103067 Fund Overview
Mairs & Power Small Cap Fund is a US mutual fund managed by Mairs & Power Funds Trust, categorised as Developed ex-US Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mairs & Power Funds Trust
- Category: Developed ex-US Small Cap Blend / Core Equity
- Assets under management: $399.14M
- 1-year return: 1.5%
- SEC CIK: 0001521353
- SEC series ID: S000033564
- Share class ID: C000103067
C000103067 Investment Objective and Strategy
Mairs & Power Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mairs & Power Funds Trust.
Investment objective
Mairs & Power Small Cap Funds (the Fund) fundamental objective is to seek above-average, long-term appreciation.
Principal investment strategy
The Fund normally will invest at least 80% of its net assets (including borrowings for investment purposes) in U.S. common stocks issued by small cap companies. For this purpose, small cap companies are defined as companies whose market capitalization at the time of purchase is within the market capitalization range represented by companies in the S&P SmallCap 600 Total Return Index. The S&P SmallCap 600 Total Return Index is a widely used benchmark for small cap performance and is rebalanced continuously. As of December 31, 2017, the market capitalization range for the S&P SmallCap 600 Total Return Index was approximately $95 million to $9.4 billion, but is expected to change frequently. In selecting securities for the Fund, the Funds investment adviser, Mairs & Power, Inc.
(the Adviser) gives preference to companies with attractive business niches, strong competitive positions, and the potential to grow revenues, earnings and cash flows consistently over the long-term. Capable management with a track record of prudent capital deployment is also an important consideration. The Adviser focuses generally on companies located 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 Fund also may invest in common stocks issued by companies with market capitalizations above the market capitalization range of the S&P SmallCap 600 Total Return Index. The Fund may also invest in securities of foreign issuers which are listed on a U.S. stock exchange or are represented by American Depositary Receipts (ADRs).
From time to time, the Fund may invest in initial public offerings (IPOs). The Adviser seeks to keep the Funds assets reasonably fully invested, to maintain modest portfolio turnover rates, and to moderate risk by investing in a diversified portfolio of equity securities. The Adviser may sell the Funds portfolio securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
C000103067 Performance
Total returns for C000103067 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.5% |
| 3 years (annualised) | 11.4% |
C000103067 Risk Information
Risk metrics for C000103067, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.5%
C000103067 Costs and Fees
C000103067 costs about $104 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.04%
- Gross expense ratio: 1.04%
- Portfolio turnover: 16%
- Brokerage commissions: 4.11 bps of average net assets (SEC N-CEN)
C000103067 Cashflows
Over the 12 months to 2022-03, Mairs & Power Small Cap Fund had net inflows of $147.06M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-03 | $13.11M |
| 2022-02 | $20.51M |
| 2022-01 | $15.21M |
| 2021-12 | $49.25M |
| 2021-11 | $4.84M |
| 2021-10 | $5.13M |
C000103067 Debt Constituents
No individual debt constituents are reported in Mairs & Power Small Cap Fund's latest SEC N-PORT filing.
C000103067 Prospectus and SEC Filings
Official Mairs & Power Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-28
- Prospectus (485BPOS) — filed 2020-05-12
- Prospectus (485BPOS) — filed 2019-05-17
- Portfolio holdings (N-PORT) — filed 2022-05-16
- Portfolio holdings (N-PORT) — filed 2022-02-24
- Portfolio holdings (N-PORT) — filed 2021-11-24
- Annual census (N-CEN) — filed 2022-03-09
- Annual census (N-CEN) — filed 2021-03-15
Related Funds
Other Developed ex-US Small Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.