FMI Large Cap Fund Investor Class (FMIHX)

Fund Assets	991.56M
Expense Ratio	0.881%
Min. Investment	$1,000
Turnover	23.00%
Dividend (ttm)	0.12
Dividend Yield	0.86%
Dividend Growth	40.68%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	14.03
YTD Return	7.13%
1-Year Return	6.93%
5-Year Return	37.12%
52-Week Low	12.42
52-Week High	15.76
Beta (5Y)	0.90
Holdings	25
Inception Date	Dec 31, 2001

About FMIHX

FMI Large Cap Fund Investor Class is a no-load mutual fund designed to provide long-term capital appreciation by investing primarily in a concentrated portfolio of large capitalization value stocks. Managed by Fiduciary Management, Inc., the fund typically holds around 20 to 30 stocks, targeting companies with market capitalizations exceeding $5 billion at the time of purchase. The fund’s strategy emphasizes selecting businesses with strong fundamentals, such as high recurring revenue and attractive returns on invested capital, while maintaining a strong orientation toward low absolute and relative valuations. Major industry sectors are typically represented, with significant portfolio weightings in industrials, financial services, technology, and consumer cyclical sectors. The fund's disciplined approach focuses on identifying companies with above-average growth or improving profitability prospects, making it an important vehicle for investors seeking exposure to established, fundamentally sound large-cap companies within the equity market.

• Fund Family: FMI Funds
• Category: Large Value
• Performance Rating: Low
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FMIHX
• Share Class: Investor Class
• Index: S&P 500 TR

Performance

FMIHX had a total return of 6.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.73%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FMILX	Fidelity	Fidelity New Millennium Fund	0.76%
FDGKX	Fidelity	Fidelity Dividend Growth K	0.81%
FDGFX	Fidelity	Fidelity Dividend Growth Fund	0.84%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FMIQX	Institutional Class	0.71%

Top 10 Holdings

53.79% of assets

Name	Symbol	Weight
The Charles Schwab Corporation	SCHW	6.87%
Booking Holdings Inc.	BKNG	6.51%
CDW Corporation	CDW	6.45%
Aramark	ARMK	5.43%
Ferguson Enterprises Inc.	FERG	5.33%
Avery Dennison Corporation	AVY	5.02%
Capital One Financial Corporation	COF	4.98%
Carrier Global Corporation	CARR	4.57%
UnitedHealth Group Incorporated	UNH	4.48%
Masco Corporation	MAS	4.15%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$2.11168	Dec 19, 2025
Dec 20, 2024	$1.92147	Dec 20, 2024
Dec 15, 2023	$1.57505	Dec 15, 2023
Dec 16, 2022	$3.09031	Dec 16, 2022
Dec 17, 2021	$3.36062	Dec 17, 2021
Dec 18, 2020	$2.25433	Dec 18, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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