# EDGAR Filing Document

**Accession Number:** 0001023391
**File Stem:** 0000894189-25-013627
**Filing Date:** 2025-11
**Character Count:** 15149
**Document Hash:** 8782100dcbcd2435b316eaf6ed5b6f70
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-013627.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0000894189-25-013627

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FMI FUNDS INC
- **CENTRAL INDEX KEY:** 0001023391

**ORGANIZATION NAME:**
- **EIN:** 391861095
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07831
- **FILM NUMBER:** 251482271

**BUSINESS ADDRESS:**
- **STREET 1:** 790 NORTH WATER STREET, SUITE 2100
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-226-4545

**MAIL ADDRESS:**
- **STREET 1:** 790 NORTH WATER STREET, SUITE 2100
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FMI FOCUS FUND
- **DATE OF NAME CHANGE:** 19960921

## Series and Classes Contracts Data

### International Fund II - Currency Unhedged (Series ID: S000067413)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000216767 | International Fund II - Currency Unhedged Institutional Class | FMIFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** FMI Funds Inc

- **b. Investment Company Act file number:** 811-07831

- **c. CIK number of Registrant:** 0001023391

- **d. LEI of Registrant:** 549300LLBZ5DPX7B5F83

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 790 North Water Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-226-4545

**Item A.2. Information about the Series.**

- **a. Name of Series:** FMI International Fund II - Currency Unhedged

- **b. EDGAR series identifier (if any):** S000067413

- **c. LEI of Series:** 549300MF3JX1BB78YW31

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $72509581.99

**Total Liabilities:** $91493.94

**Net Assets:** $72418088.05

**Cash Not Reported:** $5010.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000216767 | -1.79%               | 3.86%                | -1.00%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $615216.42               | $-1858846.21                               |
| Month 2  | $1575844.40              | $1096058.99                                |
| Month 3  | $229906.73               | $-1077925.59                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ashtead Group PLC              | Ashtead Group PLC                        | CUSIP: N/A<br>LEI: 2138007UTBN8X9K1A235       | Long             | EC               | CORP              | GB        |     43500 | NS      | $2917169.79   | 4.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc                     | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       535 | NS      | $2888609.45   | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   2359559 | NS      | $2359558.65   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Yokogawa Electric Corp         | Yokogawa Electric Corp                   | CUSIP: N/A<br>LEI: 529900MV0U7C9WWF4L22       | Long             | EC               | CORP              | JP        |     57850 | NS      | $1660213.95   | 2.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sodexo SA                      | Sodexo SA                                | CUSIP: N/A<br>LEI: 969500LCBOG12HXPYM84       | Long             | EC               | CORP              | FR        |     51000 | NS      | $3217815.29   | 4.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Schlumberger NV                | Schlumberger NV                          | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     44600 | NS      | $1532902.00   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluidra SA                     | Fluidra SA                               | CUSIP: N/A<br>LEI: 95980020140005026620       | Long             | EC               | CORP              | ES        |     44000 | NS      | $1196929.87   | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group PLC/The             | Weir Group PLC/The                       | CUSIP: N/A<br>LEI: 549300KDR56WHY9I3D10       | Long             | EC               | CORP              | GB        |     82000 | NS      | $3024759.38   | 4.18%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd         | DBS Group Holdings Ltd                   | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |     40100 | NS      | $1590278.06   | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp                | Sony Group Corp                          | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |     85000 | NS      | $2443469.67   | 3.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                   | Unilever PLC                             | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |     49300 | NS      | $2914055.20   | 4.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Howden Joinery Group PLC       | Howden Joinery Group PLC                 | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |    146000 | NS      | $1661024.06   | 2.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Edenred SE                     | Edenred SE                               | CUSIP: N/A<br>LEI: 9695006LOD5B2D7Y0N70       | Long             | EC               | CORP              | FR        |     59300 | NS      | $1412216.53   | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Greggs PLC                     | Greggs PLC                               | CUSIP: N/A<br>LEI: 213800I71QMUFJ64IW20       | Long             | EC               | CORP              | GB        |     87500 | NS      | $1893818.56   | 2.62%             |  |  |  | No            |                  2 | On Loan: No      |
| DKSH Holding AG                | DKSH Holding AG                          | CUSIP: N/A<br>LEI: 549300HUUUNHO6FJUS42       | Long             | EC               | CORP              | CH        |     24600 | NS      | $1674058.29   | 2.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius Medical Care AG      | Fresenius Medical Care AG                | CUSIP: N/A<br>LEI: 549300CP8NY40UP89Q40       | Long             | EC               | CORP              | DE        |     34000 | NS      | $1796482.36   | 2.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Philips NV         | Koninklijke Philips NV                   | CUSIP: N/A<br>LEI: H1FJE8H61JGM1JSGM897       | Long             | EC               | CORP              | NL        |     97977 | NS      | $2683996.14   | 3.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG               | Roche Holding AG                         | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      4600 | NS      | $1531724.41   | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryanair Holdings PLC           | Ryanair Holdings PLC                     | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     43750 | NS      | $2634625.00   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Epiroc AB                      | Epiroc AB                                | CUSIP: W25918124<br>LEI: 5493004Q73OEYW1SPE91 | Long             | EC               | CORP              | SE        |     67000 | NS      | $1418395.02   | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| IMCD NV                        | IMCD NV                                  | CUSIP: N/A<br>LEI: 724500NSJPNFJPDAUP02       | Long             | EC               | CORP              | NL        |     13250 | NS      | $1373332.67   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC       | Lloyds Banking Group PLC                 | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |   1475000 | NS      | $1669087.82   | 2.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Smiths Group PLC               | Smiths Group PLC                         | CUSIP: N/A<br>LEI: 213800MJL6IPZS3ASA11       | Long             | EC               | CORP              | GB        |     64800 | NS      | $2054493.26   | 2.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Informa PLC                    | Informa PLC                              | CUSIP: N/A<br>LEI: 5493006VM2LKUPSEDU20       | Long             | EC               | CORP              | GB        |    234000 | NS      | $2898392.51   | 4.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Diageo PLC                     | Diageo PLC                               | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |     61000 | NS      | $1459588.28   | 2.02%             |  |  |  | No            |                  2 | On Loan: No      |
| B&M European Value Retail SA   | B&M European Value Retail SA             | CUSIP: L1175H106<br>LEI: 213800UK7ZRLY2K1X530 | Long             | EC               | CORP              | GB        |    615000 | NS      | $2169521.99   | 3.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferguson Enterprises Inc       | Ferguson Enterprises Inc                 | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |      9400 | NS      | $2111052.00   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                     | Siemens AG                               | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |      7700 | NS      | $2078836.90   | 2.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Rexel SA                       | Rexel SA                                 | CUSIP: N/A<br>LEI: 969500N6AVPA51648T62       | Long             | EC               | CORP              | FR        |     91000 | NS      | $2996023.42   | 4.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Europacific Partners | Coca-Cola Europacific Partners PLC       | CUSIP: N/A<br>LEI: 549300LTH67W4GWMRF57       | Long             | EC               | CORP              | GB        |     28600 | NS      | $2585726.00   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                       | ICON PLC                                 | CUSIP: N/A<br>LEI: 6354008SRQGEMC4XFI67       | Long             | EC               | CORP              | IE        |     13700 | NS      | $2397500.00   | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NOF Corp                       | NOF Corp                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    127000 | NS      | $2215973.86   | 3.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co Ltd   | Techtronic Industries Co Ltd             | CUSIP: N/A<br>LEI: 549300HZW2SBE758OK89       | Long             | EC               | CORP              | HK        |    187900 | NS      | $2401968.13   | 3.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Financial Group Inc       | Sony Financial Group Inc                 | CUSIP: N/A<br>LEI: 353800O7BDSU41WOZA60       | Long             | EC               | CORP              | JP        |     85000 | NS      | $94262.43     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                    | Genpact Ltd                              | CUSIP: N/A<br>LEI: 529900OSEC6Q0L4L5B35       | Long             | EC               | CORP              | US        |     31300 | NS      | $1311157.00   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-24

**Name of Applicant:** FMI Funds Inc

**Signature:** /s/ John S. Brandser

**Name of Signer:** FMI Funds Inc

**Title:** President