Third Avenue Value Fund Institutional Class (TAVFX)

49.95
Net Asset Value
+0.08%
1 Day
-6.21%
Year-to-Date
Overall Morningstar Rating
World large stock
Style or Category
No Load
Sales Expenses
1.13%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund seeks to achieve its objective mainly by acquiring common stocks of well-financed companies (meaning companies with high quality assets and conservative levels of liabilities) at a discount to what the Adviser believes is their intrinsic value. It may invest in companies of any market capitalization and across all industries. The fund may also acquire senior securities- such as convertible securities- preferred stocks and debt instruments- that the Adviser believes are undervalued. It also invests in both domestic and foreign securities.

Performance

1 month-2.38% 3 years+4.71%
3 months-0.56% 5 years+6.91%
1 year+6.34% Since inception+10.95%
Data through --

Peer Comparisonvs. World large stock

 TAVFXCategory
Performance 5-yr return+6.91%+9.21%
Expense ratio1.13%1.19%
Risk 5 year sharpe ratio0.550.80
Net assets$1.2B$1.5B
Average market cap$17.5B$72.2B
Average P/E16.816.6
Portfolio turnover18%18%

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Fund Management and Purchase Info

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

Holdings

U.S. stock50.69%
International stock34.83%
Cash14.09%
Fixed income0.39%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 69.78%
Industrial materials 11.10%
Consumer goods 8.95%
Energy 7.72%
Telecommunication 2.00%
Top 10 Holdings
Portfolio weighting
WY Weyerhaeuser Co5.73%
-- 4.85%
-- 4.75%
-- 4.36%
BK Bank of New York4.29%
-- 3.74%
CMA Comerica Inc3.58%
PNC PNC Financial Services Group3.51%
Y Alleghany Corp3.48%
JCI Tyco3.38%