Third Avenue International Value Fund Institutional Class (TAVIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Foreign small/mid value
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund primarily invests in equity securities, including common stocks and convertible securities, of well-financed companies (meaning companies with high quality assets and conservative levels of liabilities) located outside of the United States. While the fund may invest in companies located anywhere in the world, it currently expects that most of its assets will be invested in the more developed countries and, under normal circumstances, at least 80% of its assets will be invested in securities of issuers located outside of the United States at the time of investment. It is non-diversified.


1 month-7.66% 3 years+8.71%
3 months-12.32% 5 years+4.40%
1 year-6.50% Since inception+9.38%
Data through --

Peer Comparisonvs. Foreign small/mid value

Performance 5-yr return+4.40%+14.35%
Expense ratio1.44%1.45%
Risk 5 year sharpe ratio0.550.64
Net assets$586.1M$1.0B
Average market cap$5.4B$2.3B
Average P/E16.114.8
Portfolio turnover11%11%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyThird Avenue
Fund manager & tenureAmit Wadhwaney / 12 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00


International stock81.48%
U.S. stock9.95%
Fixed income1.47%
Top 5 Sectors
Portfolio weighting
Industrial materials 26.70%
Financial service 26.00%
Consumer goods 18.42%
Telecommunication 11.58%
Healthcare 4.38%
Top 10 Holdings
Portfolio weighting
-- Straits Trading Co Ltd8.69%
-- Netia Holdings SA6.75%
WY Weyerhaeuser Co3.95%
-- Sanofi3.77%
WTM White Mountains Insurance Group Ltd3.44%
-- Munchener Ruck AG3.43%
-- Hutchison Whampoa Ltd3.27%
-- Allianz SE3.11%
-- Pargesa Holding SA3.09%
-- Titan Cement Co SA2.98%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.