FMI Large Cap Fund Institutional Class (FMIQX)
| Fund Assets | 1.24B |
| Expense Ratio | 0.71% |
| Min. Investment | $100,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 2.14 |
| Dividend Yield | 15.44% |
| Dividend Growth | 9.71% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 13.87 |
| YTD Return | 4.22% |
| 1-Year Return | 7.63% |
| 5-Year Return | 46.79% |
| 52-Week Low | 11.45 |
| 52-Week High | 14.04 |
| Beta (5Y) | n/a |
| Holdings | 29 |
| Inception Date | Oct 31, 2016 |
About FMIQX
FMI Large Cap Fund Institutional Class is a no-load mutual fund designed to provide long-term capital appreciation by investing primarily in large capitalization value stocks. Managed by Fiduciary Management, Inc., the fund follows a disciplined strategy focused on selecting a limited number of high-quality businesses—typically holding around 20 to 30 stocks—whose shares are considered undervalued relative to their intrinsic worth. Companies targeted often exhibit attractive characteristics such as high recurring revenues and robust returns on invested capital. The fund emphasizes industries with strong fundamentals and seeks businesses with above-average growth or improving profitability prospects. With an expense ratio of 0.70% and a minimum investment requirement of $100,000, the institutional class aims to deliver above-average performance while maintaining below-average risk, making it a distinctive choice for investors seeking diversified exposure to established, value-oriented large-cap equities.
Performance
FMIQX had a total return of 7.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 26.87%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FMIHX | Investor Class | 0.84% |
Top 10 Holdings
49.91% of assets| Name | Symbol | Weight |
|---|---|---|
| The Charles Schwab Corporation | SCHW | 7.49% |
| Ferguson Enterprises Inc. | FERG | 6.70% |
| Booking Holdings Inc. | BKNG | 5.83% |
| Aramark | ARMK | 5.04% |
| Avery Dennison Corporation | AVY | 4.49% |
| Quest Diagnostics Incorporated | DGX | 4.18% |
| Carrier Global Corporation | CARR | 4.12% |
| Becton, Dickinson and Company | BDX | 4.11% |
| CSX Corporation | CSX | 4.02% |
| Alphabet Inc. | GOOGL | 3.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $2.136 | Dec 19, 2025 |
| Dec 20, 2024 | $1.947 | Dec 20, 2024 |
| Dec 15, 2023 | $1.59632 | Dec 15, 2023 |
| Dec 16, 2022 | $3.10864 | Dec 16, 2022 |
| Dec 17, 2021 | $3.39246 | Dec 17, 2021 |
| Dec 18, 2020 | $2.28509 | Dec 18, 2020 |