FMMCEX

About FMMCEX

FMI Common Stock Fund is a no-load mutual fund primarily focused on achieving long-term capital appreciation. The fund invests mainly in small- to medium-capitalization value stocks, typically targeting companies with less than $7 billion in market capitalization at the time of purchase. Managed by Fiduciary Management, Inc., the fund's investment approach emphasizes acquiring high-quality businesses at attractive valuations, with selection criteria often favoring recurring revenue streams and robust returns on invested capital. The fund generally maintains a concentrated portfolio of 30-40 holdings across a diverse range of industry groups, reflecting a disciplined, research-driven process. FMI Common Stock Fund's orientation toward low absolute and relative valuations, combined with a selective focus on companies with above-average growth or profitability prospects, underscores its role within the mid-cap blend category of U.S. equity strategies. Established in 1981, the fund serves investors seeking exposure to the potential growth opportunities found within the small- and mid-cap segments of the public equity market while applying a value-conscious, active management philosophy.