MSCFX – Fund Analysis – Mairs & Power Small Cap | Morningstar

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Will MSCFX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MSCFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the MSCFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of MSCFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A deeper team using a shorter leash.

Analyst Margaret Giles

Margaret Giles

Analyst

Summary

Mairs & Power Small Cap added a new comanager and has grown more decisive about cutting its losers after a disappointing stretch. Those are encouraging steps, and the strategy’s core strengths remain intact.

by Margaret Giles

Rated on Sep 30, 2026 Published on Sep 30, 2026

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