FMI International Fund II - Currency Unhedged Institutional Class (FMIFX)
| Fund Assets | 71.51M |
| Expense Ratio | 0.90% |
| Min. Investment | $100,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 2.07% |
| Dividend Growth | 52.31% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 23.99 |
| YTD Return | 12.47% |
| 1-Year Return | 8.83% |
| 5-Year Return | 53.77% |
| 52-Week Low | 18.97 |
| 52-Week High | 24.03 |
| Beta (5Y) | 0.86 |
| Holdings | 34 |
| Inception Date | n/a |
About FMIFX
FMI International Fund II - Currency Unhedged Institutional Class is a mutual fund focused on achieving long-term capital appreciation by investing primarily in a select group of large capitalization value stocks issued by non-U.S. companies. Managed by Fiduciary Management, Inc., the fund emphasizes fundamental research to identify businesses with attributes such as strong recurring revenues and attractive returns on invested capital. The fund's strategy is characterized by a disciplined approach to valuation, favoring companies with above-average growth prospects or improving profitability, while maintaining a preference for low absolute and relative valuations. Typically holding between 25 and 40 stocks, the fund ensures broad industry representation within developed international markets, with minimal exposure to U.S. equities. The institutional class offers an expense ratio competitive with its peers and is designed for investors seeking international equity exposure without currency hedging, allowing portfolio returns to fully reflect foreign exchange movements alongside underlying asset performance. This fund plays a significant role for institutions and investors aiming to diversify globally with a value-oriented international strategy.
Performance
FMIFX had a total return of 8.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.00%.
Top 10 Holdings
42.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Sony Group Corp | 6758 | 5.04% |
| Unilever PLC | ULVR | 4.58% |
| Booking Holdings Inc. | BKNG | 4.52% |
| Ferguson Enterprises Inc. | FERG | 4.44% |
| Rogers Corporation | ROG | 4.15% |
| Smurfit Westrock Plc | SW | 4.15% |
| Coca-Cola Europacific Partners PLC | CCEP | 3.88% |
| Weir Group PLC/The | WEIR | 3.86% |
| ProShares Ultra Health Care | RXL | 3.82% |
| Koninklijke Philips NV | PHIA | 3.73% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.48378 | Dec 20, 2024 |
| Dec 15, 2023 | $0.31763 | Dec 15, 2023 |
| Dec 16, 2022 | $0.24679 | Dec 16, 2022 |
| Dec 17, 2021 | $0.94979 | Dec 17, 2021 |
| Dec 18, 2020 | $0.17554 | Dec 18, 2020 |