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Third Avenue Small Cap Value Fund Institutional Class (TASCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small value
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund seeks to achieve its objective by acquiring equity securities, including common stocks and convertible securities, of well-financed small companies at a discount to what the Adviser believes is their intrinsic value. The advisor expects to invest at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in securities of companies that are considered small. It also invests in both domestic and foreign securities. The fund is non-diversified.


1 month+13.60% 3 years+7.41%
3 months+8.33% 5 years+12.90%
1 year+19.58% Since inception+8.89%
Data through --

Peer Comparisonvs. Small value

Performance 5-yr return+12.90%+14.56%
Expense ratio1.14%1.34%
Risk 5 year sharpe ratio0.970.96
Net assets$315.3M$943.6M
Average market cap$1.9B$2.5B
Average P/E21.018.8
Portfolio turnover29%29%

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Fund Management and Purchase Info

Fund familyThird Avenue
Fund manager & tenureTim Bui / 3 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00


U.S. stock90.81%
International stock3.75%
Fixed income0.86%
Top 5 Sectors
Portfolio weighting
Industrial materials 19.13%
Financial service 16.33%
Consumer goods 15.24%
Hardware 13.27%
Energy 11.84%
Top 10 Holdings
Portfolio weighting
CBSH Commerce Bancshares Inc2.70%
LABL Multi-Color Corp2.69%
ICFI ICF International Inc2.55%
UMBF UMB Financial Corp2.53%
FCN FTI Consulting Inc2.33%
AXE Anixter International Inc2.29%
EME EMCOR Group Inc2.28%
CUB Cubic Corp2.26%
SBSI Southside Bancshares Inc2.19%
WCIC WCI Communities Inc2.19%