Mairs & Power Growth Fund’s Q4 2024 Investor Letter

Mairs & Power, an investment advisor, released the “Mairs & Power Growth Fund” fourth quarter 2024 investor letter. The stock market was surprisingly calm in the fourth quarter, despite some upheaval domestically and abroad. The market performance drivers in 2024 were mega cap technology stocks. The fund had another positive year in 2024 and ended with 19.62% gain. The S&P Total Return (TR) was up 25.02%, and the Fund’s peer group, as measured by the Morningstar Large Blend Category, was up 20.51% over the same period of time. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of Mairs & Power Growth Fund’s Q4 2024 investor letter can be downloaded here.