Third Avenue Value Fund Institutional Class (TAVFX)

54.00
Net Asset Value
+0.19%
1 Day
+1.39%
Year-to-Date
Overall Morningstar Rating
World large stock
Style or Category
No Load
Sales Expenses
1.15%
Expense Ratio
High
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. 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. The fund is non-diversified.

Performance

1 month-1.96% 3 years+5.56%
3 months+4.69% 5 years+7.26%
1 year+9.94% Since inception+11.20%
Data through --

Peer Comparisonvs. World large stock

 TAVFXCategory
Performance 5-yr return+7.26%+10.76%
Expense ratio1.15%1.20%
Risk 5 year sharpe ratio0.681.02
Net assets$1.1B$1.6B
Average market cap$17.9B$77.2B
Average P/E16.221.7
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. stock58.74%
International stock25.26%
Cash14.88%
Fixed income0.99%
Other0.14%
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 Co6.26%
BK Bank of New York5.94%
CMA Comerica Inc4.96%
-- 4.85%
PNC PNC Financial Services Group4.81%
-- 4.18%
-- 4.10%
-- 3.78%
JCI Tyco3.57%
CVCO Cavco Industries Inc3.43%