FMI Common Stock Fund (FMIMX)
The fund invests mainly in small- to medium-capitalization companies (namely, companies with less than $7 billion market capitalization at the time of initial purchase) listed or traded on a national securities exchange or on a national securities association. Under normal market conditions, the fund invests 80% of its net assets in common stocks, including for purposes of this limitation common stocks of foreign companies which the fund principally invests in through ADRs or American Depositary Shares ADSs. ADRs and ADSs are dollar-denominated securities of foreign issuers traded in the U.S.
Fund Info
| ISIN | US3029334030 |
|---|---|
| CUSIP | 302933403 |
| Issuer | FMI Funds |
| Inception Date | Dec 18, 1981 |
| Category | Mid Cap Blend Equities |
| Minimum Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The FMI Common Stock Fund has a high expense ratio of 1.01%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in FMI Common Stock Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
FMI Common Stock Fund had a return of 19.67% year-to-date (YTD) and 18.11% in the last 12 months. Over the past 10 years, FMI Common Stock Fund had an annualized return of 8.52%, while the S&P 500 had an annualized return of 9.85%, indicating that FMI Common Stock Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 19.67% | 19.92% |
| 1 month | 8.73% | 5.06% |
| 6 months | 8.83% | 7.11% |
| 1 year | 18.11% | 16.17% |
| 5 years (annualized) | 13.10% | 11.84% |
| 10 years (annualized) | 8.52% | 9.85% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -3.26% | 9.68% | 2.35% | -0.64% | -3.54% | -4.31% | 8.57% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for FMI Common Stock Fund (FMIMX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
FMIMX FMI Common Stock Fund | 1.01 | ||||
^GSPC S&P 500 | 1.25 |
Dividend History
FMI Common Stock Fund granted a 5.55% dividend yield in the last twelve months. The annual payout for that period amounted to $1.87 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.87 | $1.87 | $3.97 | $0.21 | $1.29 | $2.25 | $3.14 | $1.29 | $2.46 | $3.36 | $0.13 | $0.09 |
Dividend yield | 5.55% | 6.65% | 12.44% | 0.76% | 4.93% | 10.17% | 11.82% | 4.92% | 10.77% | 12.38% | 0.45% | 0.36% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 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 |
| 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 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.29 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.25 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.14 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.29 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.46 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.36 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2012 | $0.09 | $0.00 | $0.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 59.12%, occurring on Mar 9, 2009. Recovery took 1134 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.12% | Jul 16, 2007 | 415 | Mar 9, 2009 | 1134 | Sep 10, 2013 | 1549 |
| -56.79% | Jul 7, 1986 | 364 | Dec 4, 1987 | 2458 | Jul 30, 1997 | 2822 |
| -45.09% | Oct 22, 1997 | 255 | Oct 26, 1998 | 1681 | Jul 11, 2005 | 1936 |
| -38.07% | Jan 17, 2020 | 45 | Mar 23, 2020 | 172 | Nov 24, 2020 | 217 |
| -19.28% | Jan 5, 2022 | 113 | Jun 16, 2022 | 125 | Dec 14, 2022 | 238 |
Volatility Chart
The current FMI Common Stock Fund volatility is 5.25%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.