Third Avenue Small Cap Value Fund Institutional Class (TASCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small blend
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.


1 month-0.67% 3 years+7.25%
3 months-0.33% 5 years+9.70%
1 year+10.65% Since inception+8.86%
Data through --

Peer Comparisonvs. Small blend

Performance 5-yr return+9.70%+12.99%
Expense ratio1.20%1.19%
Risk 5 year sharpe ratio0.790.83
Net assets$268.5M$1.0B
Average market cap$1.9B$3.0B
Average P/E21.321.5
Portfolio turnover32%32%

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Fund Management and Purchase Info

Fund familyThird Avenue
Fund manager & tenureVictor Cunningham / 0 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00


U.S. stock85.68%
International stock3.13%
Fixed income0.00%
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
ICFI ICF International Inc2.62%
FIX Comfort Systems USA Inc2.53%
TPH TRI Pointe Group Inc2.45%
CUB Cubic Corp2.43%
SBSI Southside Bancshares Inc2.37%
NSIT Insight Enterprises Inc2.25%
EME EMCOR Group Inc2.23%
TTEK Tetra Tech Inc2.18%
SP SP Plus Corp2.18%
MYRG MYR Group Inc2.13%