- ISIN
- US3029334030
- CUSIP
- 302933403
- Issuer
- FMI Funds
- Inception Date
- Dec 18, 1981
- Category
- Mid Cap Blend Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FMIMX Performance Chart
FMI Common Stock Fund (FMIMX) is up 11.4% since the beginning of the year. FMIMX is currently trading at $37 per share. Investors who bought $1,000 worth of FMIMX shares 5 years ago would now be looking at an investment worth $1,645.
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Returns By Period
FMI Common Stock Fund (FMIMX) has returned 11.44% so far this year and 14.68% over the past 12 months. Over the last ten years, FMIMX has returned 11.33% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
FMI Common Stock Fund
- 1D
- 0.68%
- 1M
- 4.47%
- YTD
- 11.44%
- 6M
- 8.71%
- 1Y
- 14.68%
- 3Y*
- 12.19%
- 5Y*
- 10.47%
- 10Y*
- 11.33%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FMIMX Monthly Returns History
Based on dividend-adjusted daily data since Dec 18, 1981, FMIMX's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +17.2%, while the worst month was Oct 1987 at -41.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FMIMX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +9.2%, while the worst single day was Oct 23, 1987 at -21.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.93% | 4.30% | -8.95% | 7.12% | 0.44% | 2.96% | 11.44% | ||||||
| 2025 | 4.82% | -3.98% | -4.01% | -2.07% | 4.61% | 3.58% | 0.69% | 4.51% | -3.46% | -3.56% | 1.46% | 0.22% | 2.12% |
| 2024 | -0.94% | 5.15% | 4.56% | -4.14% | 3.51% | -3.25% | 6.98% | -1.44% | 0.98% | -0.79% | 7.64% | -7.14% | 10.38% |
| 2023 | 8.61% | 0.92% | -1.91% | -0.40% | -3.26% | 9.68% | 2.35% | -0.64% | -3.54% | -4.31% | 8.57% | 7.82% | 24.85% |
| 2022 | -4.68% | 1.48% | -1.36% | -4.51% | 0.96% | -7.74% | 9.83% | -3.87% | -6.44% | 9.13% | 6.34% | -3.34% | -5.95% |
| 2021 | -1.52% | 7.70% | 6.09% | 6.54% | 3.09% | -2.90% | 2.75% | 1.68% | -3.88% | 4.88% | -3.90% | 7.48% | 30.52% |
Benchmark Metrics
FMI Common Stock Fund has an annualized alpha of 2.14%, beta of 0.77, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since December 18, 1981.
- This fund participated in 90.44% of S&P 500 Index downside but only 89.62% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.14% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.14%
- Beta
- 0.77
- R²
- 0.60
- Upside Capture
- 89.62%
- Downside Capture
- 90.44%
Expense Ratio
FMIMX has a high expense ratio of 1.01%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FMIMX ranks 12 for risk / return — in the bottom 12% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for FMI Common Stock Fund (FMIMX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FMIMX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.37 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 2.78 | -1.71 |
| Martin ratioReturn relative to average drawdown | 2.67 | 12.44 | -9.77 |
Dividends
Dividend History
FMI Common Stock Fund provided a 11.88% dividend yield over the last twelve months, with an annual payout of $4.42 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.42 | $4.42 | $0.74 | $0.97 | $1.87 | $3.97 | $0.21 | $1.29 | $2.25 | $3.14 | $1.29 | $2.46 |
Dividend yield | 11.88% | 13.24% | 2.01% | 2.84% | 6.65% | 12.44% | 0.76% | 4.93% | 10.17% | 11.82% | 4.92% | 10.77% |
Monthly Dividends
The table displays the monthly dividend distributions for FMI Common Stock Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.42 | $4.42 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $0.97 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.87 | $1.87 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.97 | $3.97 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the FMI Common Stock Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the FMI Common Stock Fund was 59.09%, occurring on Mar 9, 2009. Recovery took 727 trading sessions.
The current FMI Common Stock Fund drawdown is 2.39%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -59.09%Mar 2009 | 1y 7mo | 2y 10mo | 4y 6moJul 2007 - Jan 2012 |
Black Monday1987 | -57.31%Dec 1987 | 1y 5mo | 5y 10mo | 7y 3moJul 1986 - Oct 1993 |
COVID crash2020 | -38.07%Mar 2020 | 2mo 6d | 8mo 6d | 10mo 12dJan 2020 - Nov 2020 |
1998 bear market1998 | -30.73%Oct 1998 | 5mo 18d | 7mo 7d | 1y 20dApr 1998 - May 1999 |
1984 bear market1984 | -24.75%May 1984 | 10mo 8d | 1y 1mo | 1y 11moJul 1983 - Jul 1985 |
Drawdown Indicators
| FMIMX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.09% | -56.78% | -2.31% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -9.10% | -4.70% |
Max Drawdown (3Y)Largest decline over 3 years | -21.31% | -18.90% | -2.41% |
Max Drawdown (5Y)Largest decline over 5 years | -21.31% | -25.43% | +4.12% |
Max Drawdown (10Y)Largest decline over 10 years | -38.07% | -33.92% | -4.15% |
Current DrawdownCurrent decline from peak | -2.39% | -1.80% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -10.44% | -10.71% | +0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.56% | 2.03% | +3.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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