Morningstar

FullerThaler Behavioral Micro-Cap Equity Fund Institutional Shares FTMSX

Medalist Rating as of Sep 30, 2026 See FULLER & THALER Investment Hub

Strategy

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in common stocks of micro capitalization ("micro-cap") companies based in the U.S. ("80% Policy"). It may invest a portion of its assets in real estate investment trusts ("REITs"), Business Development Companies (BDCs), and Exchange Traded Funds (ETFs) whose investment characteristics are consistent with the fund's principal investment strategy.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FTMSX	FullerThaler Behavioral Micro-Cap Equity Fund Institutional Shares	Institutional	Open			Dec 28, 2018	$27.16M	1.350%	High	$100,000	$1.52M

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