Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Thank you for selecting your broker
We are redirecting you to the Broker Center now
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Thank you for your submission, we hope you enjoy your experience
ALERT

FREE Webinar for FA’s and RIA’s — Reserve Your Seat Now!

Mutualfunds logo

FMIHX FMI Large Cap

  • Fund
  • FMIHX
  • Price as of: Dec 01, 2016
  • $21.04
  • - $0.02
  • - 0.10%
  • Category
  • Large Cap Blend Equities

FMIHX - Profile

Vitals

  • YTD Return 13.1%
  • 3 Yr Annualized Return 6.9%
  • 5 Yr Annualized Return 11.7%
  • Net Assets $6.3 B
  • Holdings in Top 10 40.3%

52 WEEK LOW AND HIGH

$21.04
$17.14
$21.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 13.1%
  • 3 Yr Annualized Total Return 6.9%
  • 5 Yr Annualized Total Return 11.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.09%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name FMI Large Cap Fund
  • Fund Family Name FMI Funds
  • Inception Date Dec 31, 2001
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Matthew J. Goetzinger

FMIHX - Performance

Return Ranking - Trailing

Period FMIHX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.1% -82.7% 186.5% 4.19% 1
1 Yr 3.1% -51.7% 28.0% 42.09% 3
3 Yr 6.9% * -14.4% 16.9% 47.19% 3
5 Yr 11.7% * -1.0% 19.4% 59.29% 3
10 Yr 7.1% * -0.2% 10.3% 9.31% 1

* Annualized


Return Ranking - Calendar

Period FMIHX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -12.3% -46.9% 5.7% 74.28% 5
2014 1.7% -51.7% 19.5% 56.91% 3
2013 22.0% -88.0% 41.8% 68.40% 4
2012 12.1% -100.0% 42.8% 52.16% 3
2011 -2.3% -27.1% 13.3% 44.94% 3

Total Return Ranking - Trailing

Period FMIHX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.1% -82.7% 190.8% 4.91% 1
1 Yr 3.1% -52.5% 142.7% 34.95% 2
3 Yr 6.9% * -5.6% 57.6% 40.82% 3
5 Yr 11.7% * -1.0% 19.4% 54.28% 3
10 Yr 7.1% * -0.2% 10.3% 8.78% 1

* Annualized


Total Return Ranking - Calendar

Period FMIHX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.9% -40.3% 13.0% 63.05% 4
2014 15.6% -24.8% 54.2% 18.64% 1
2013 45.5% -93.4% 1119.1% 26.92% 2
2012 24.7% -100.0% 282.8% 25.05% 2
2011 2.6% -43.5% 45.5% 20.10% 2

NAV & Total Return History

FMIHX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

FMIHX Category Low Category High FMIHX % Rank Quintile
Net Assets 6.3 B 9.87 K 463 B 3.02% 1
Number of Holdings 31 1 3780 16.76% 5
Net Assets in Top 10 2.66 B 13.1 K 69.4 B 2.01% 1
Weighting of Top 10 40.3% 2.2% 297.1% 10.43% 2

Top 10 Holdings

  1. Accenture PLC A 4.33%
  2. Berkshire Hathaway Inc B 4.66%
  3. UnitedHealth Group Inc 4.07%
  4. Comcast Corp Class A 4.86%
  5. Dollar General Corp 4.22%
  6. Schlumberger Ltd 3.87%
  7. Expeditors International of Washington Inc 3.49%
  8. eBay Inc 3.98%
  9. Omnicom Group Inc 3.44%
  10. Stanley Black & Decker Inc 3.42%

Asset Allocation

Weighting Category Low Category High FMIHX % Rank Quintile
Stocks
90.24% 0.00% 118.62% 22.76% 5
Cash
9.76% -103.42% 132.07% 3.09% 1
Other
0.00% -81.75% 100.00% 10.86% 5
Convertible Bonds
0.00% 0.00% 83.08% 1.87% 4
Preferred Stocks
0.00% 0.00% 90.60% 3.53% 4
Bonds
0.00% -13.88% 103.49% 7.25% 4

Stock Sector Breakdown

Weighting Category Low Category High FMIHX % Rank Quintile
Financial Services
16.23% 0.00% 46.84% 9.95% 2
Consumer Cyclical
14.43% 0.00% 47.61% 5.70% 1
Industrials
13.84% 0.00% 48.43% 6.20% 1
Consumer Defense
11.36% 0.00% 48.03% 5.84% 1
Technology
10.24% 0.00% 63.16% 26.03% 5
Healthcare
7.40% 0.00% 30.94% 26.24% 5
Energy
6.89% -3.67% 22.58% 11.75% 3
Communication Services
6.73% -3.08% 17.25% 1.73% 1
Basic Materials
3.12% 0.00% 23.55% 10.81% 2
Real Estate
0.00% -0.11% 12.73% 18.96% 5
Utilities
0.00% -3.74% 25.88% 18.89% 5

Stock Geographic Breakdown

Weighting Category Low Category High FMIHX % Rank Quintile
US
79.98% 0.00% 118.15% 26.12% 5
Non US
10.26% -0.64% 94.30% 6.26% 1

FMIHX - Expenses

Operational Fees

FMIHX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.90% 0.02% 303.36% 15.80% 2
Management Fee 0.69% 0.00% 2.25% 2.66% 4
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.20% 0.00% 0.45% 1.84% 5

Sales Fees

FMIHX Fees (% of AUM) Category Low Category High FMIHX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

FMIHX Fees (% of AUM) Category Low Category High FMIHX Rank Quintile
Max Redemption Fee N/A 0.15% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FMIHX Fees (% of AUM) Category Low Category High FMIHX Rank Quintile
Turnover 17.00% 0.00% 1754.00% 14.08% 2

FMIHX - Distributions

Dividend Yield Analysis

FMIHX Category Low Category High FMIHX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.20% 40.16% 3

Dividend Distribution Analysis

FMIHX Category Low Category High Category Mode
Dividend Distribution Frequency None Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FMIHX Category Low Category High FMIHX % Rank Quintile
Net Income Ratio 1.09% -2.05% 3.95% 10.53% 3

Capital Gain Distribution Analysis

FMIHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FMIHX - Managers

Matthew J. Goetzinger

Manager

Start Date

Jan 30, 2009

Tenure

7.76

Tenure Rank

5.1%

Mr. Goetzinger joined Fiduciary Management, Inc. in 2004. He is a partner and member of the firm’s Portfolio Management Committee. He is primarily responsible for equity research covering a wide range of industries. Prior to joining Fiduciary, Mr. Goetzinger was employed at Strong Capital Management (2001-2002). Mr. Goetzinger received a BBA degree from the University of Wisconsin and an MS degree from the University of Wisconsin-Applied Securities Program. He is a member of the CFA Society of Milwaukee, and he has earned the right to use the AIMR® Chartered Financial Analyst designation.


Robert M. Helf

Manager

Start Date

Jan 30, 2009

Tenure

7.76

Tenure Rank

5.1%

Mr. Helf joined Fiduciary Management, Inc. in 1997. He is a partner and member of the firm’s Portfolio Management Committee. He is primarily responsible for equity research covering a wide range of industries. Prior to joining Fiduciary, Mr. Helf was a research analyst with Robert W. Baird (1990-1992) and then Everen Securities (1994-1997). Mr. Helf received a BA degree from the University of Southern California and an MS degree from the University of Wisconsin-Applied Securities Program. He is a member of the CFA Society of Milwaukee, and he has earned the right to use the AIMR® Chartered Financial Analyst designation.


Andy P. Ramer

Manager

Start Date

Jan 30, 2009

Tenure

7.76

Tenure Rank

5.1%

Mr. Ramer joined Fiduciary Management, Inc. in 2002. He is the Director of Research, a partner and member of the firm’s Portfolio Management Committee. Mr. Ramer (along with Mr. English) serves as the co-head of equity research, and they work with the firm’s analysts in vetting new research ideas. Mr. Ramer also covers a number of portfolio companies across a variety of industries. Prior to joining FMI, Mr. Ramer was a research analyst with Bufka & Rodgers, LLC (1998-2002). Mr. Ramer received a BS degree from the University of Illinois. He is a member of the CFA Society of Milwaukee, and he has earned the right to use the AIMR® Chartered Financial Analyst designation.


Daniel G. Sievers

Manager

Start Date

Jan 29, 2010

Tenure

6.76

Tenure Rank

6.0%

Mr. Sievers joined Fiduciary Management, Inc. in 2009. He is a partner and member of the firm’s Portfolio Management Committee. He is primarily responsible for equity research covering a wide range of industries. Prior to joining Fiduciary, Mr. Sievers was employed at Evergreen Investment Management Company, LLC (2008-2009). Mr. Sievers received a BS degree from Boston College. He is a member of the CFA Society of Milwaukee, and he has earned the right to use the AIMR® Chartered Financial Analyst designation.


Jonathan T. Bloom

Manager

Start Date

Jan 31, 2011

Tenure

5.75

Tenure Rank

6.8%

Mr. Bloom joined Fiduciary Management, Inc. in 2010. He is a partner and member of the firm’s Portfolio Management Committee. He is primarily responsible for equity research covering a wide range of industries. Prior to joining Fiduciary, Mr. Bloom was a research intern for National Investment Services (2009). Mr. Bloom received a BA degree from Brown University and an MBA from Columbia Business School. He is a member of the CFA Society of Milwaukee and has passed all three levels of the CFA exam, but his charter is pending his completion of the work experience requirement.


Matthew T. Sullivan

Manager

Start Date

Jan 31, 2014

Tenure

2.75

Tenure Rank

9.9%

Mr. Sullivan joined Fiduciary Management, Inc. full time in 2013. He worked during the summer of 2012 as a research intern at Fiduciary, and joined the team permanently after completing his BA degree from Brown University. Mr. Sullivan is currently studying for the CFA level I exam.


Patrick J. English

Manager

Start Date

Dec 31, 2001

Tenure

14.84

Tenure Rank

2.0%

Mr. English joined Fiduciary Management, Inc. in 1986. He is the CEO and Chief Investment Officer, and is a partner and member of the Portfolio Management Committee. Mr. English (along with Mr. Ramer) serves as the co-head of equity research, and they work with the firm’s analysts in vetting new research ideas. Pat is also responsible for covering approximately 10 companies across a variety of industries. Prior to joining Fiduciary, Mr. English was a research analyst with Dodge & Cox (1985-1986). Mr. English received a BA degree from Stanford University. He is a member of the CFA Society of Milwaukee, and he has earned the right to use the AIMR® Chartered Financial Analyst designation.


John S. Brandser

Manager

Start Date

Jan 30, 2009

Tenure

7.76

Tenure Rank

5.1%

Mr. Brandser joined Fiduciary Management, Inc. in 1995. He is the President, Chief Operating Officer, and Chief Compliance Officer. He is also a partner and member of the Portfolio Management Committee. Mr. Brandser is primarily responsible for the firm’s trading/accounting operations, as well as the compliance of the firm. Prior to joining Fiduciary, Mr. Brandser was a lending officer with Marshall & Ilsley Corporation (1985-1995). Mr. Brandser received a BA degree from the University of Minnesota-Duluth.


Jordan S Teschendorf

Manager

Start Date

May 31, 2016

Tenure

0.42

Tenure Rank

12.5%

Jordan S. Teschendorf has been employed by PMC since June 2015 as a Research Analyst, and prior to his employment Mr. Teschendorf attended the University of Wisconsin-Madison.


Tenure Analysis

Category Low

0.0

Category High

81.0

Category Average

6.06

Category Mode

4.8