Mairs & Power Balanced Fund

MAPOX · NASDAQ

Market closed$118.75$-0.430000 (-0.36%)

Key statistics

Previous close$119.18
Open$118.75
Day high$118.75
Day low$118.75
52-week high$119.45
52-week low$108.80
Market cap663.45M
Volume
Average volume
P/E ratio26.37
Forward P/E
EPS4.50
Dividend yield0.00%

Market context

Why it moved

MAPOX edged lower amid broad market caution as escalating US-Iran military hostilities raised geopolitical uncertainty, weighing on investor sentiment.

What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026Mairs & Power Balanced Fund closed essentially unchanged, holding near its session high amid a broadly supportive backdrop for financial services. The fund, which blends equities and fixed income with a Midwest-focused value tilt, benefited from a favorable macro environment: June CPI came in well below forecasts at 3.5% year-over-year, reducing near-term Fed rate hike fears and lifting equities broadly. Major financial holdings in balanced funds were buoyed by blowout Q2 earnings from Goldman Sachs, JPMorgan, Morgan Stanley, and BlackRock, with Wall Street banks reporting record trading and investment banking revenues driven by the M&A boom and SpaceX IPO tailwinds.

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July 10, 2026Mairs & Power Balanced Fund held steady after a volatile week for financial services stocks, as the broader asset management sector navigates geopolitical headwinds from the U.S.-Iran conflict and anticipates the upcoming Q2 bank earnings season. The financial sector ETF (XLF) closed modestly lower, with investors cautious ahead of major bank reports next week, while the S&P 500 trades near its 52-week high despite recent macro turbulence. Peer asset managers including BlackRock and Affiliated Managers Group are drawing attention into earnings, supporting steady sentiment for diversified balanced funds with financial holdings.
June 29, 2026Mairs & Power Balanced Fund closed essentially unchanged near its 52-week high of $118.62, as the broader financial services sector navigated a risk-on session driven by reports of a U.S.-Iran ceasefire halting strikes in the Strait of Hormuz. The relief rally lifted equity markets broadly — S&P 500 futures surged earlier in the day — and provided a supportive backdrop for balanced funds with diversified equity-bond exposure, while Morgan Stanley raised price targets on regional bank holdings like M&T Bank and UMB Financial, benefiting asset managers with Midwestern financial sector concentrations like Mairs & Power.

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