Mairs & Power, an investment advisor, released the “Mairs & Power Balanced Fund” second quarter 2025 investor letter. A copy of the letter can be downloaded here. The quarter started with tariff uncertainty, conflicts in the Middle East, rising national debt, and the worst start to a year for the dollar; however, it bounced back to rise 25% from that low by the end of the quarter. The fund returned 2.66% in the first half of 2025. The fund underperformed the benchmark composite indexes (60% S&P 500 Total Re ...

Milwaukee-based WEC Energy Group, Inc. (WEC) provides regulated natural gas and electricity, and non-regulated renewable energy services. With a market cap of $35.7 billion, WEC Energy operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. Companies worth $10 billion or more are generally described as “large-cap stocks.” WEC Energy fits right into that category, with its market cap exceeding the threshold, reflecting its substantial size ...