Third Avenue Small Cap Value Fund Institutional Class (TASCX)

18.44
Net Asset Value
-0.27%
1 Day
+0.11%
Year-to-Date
Overall Morningstar Rating
Small value
Style or Category
No Load
Sales Expenses
1.25%
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.

Performance

1 month+0.11% 3 years+5.73%
3 months+6.14% 5 years+7.36%
1 year+13.02% Since inception+8.52%
Data through --

Peer Comparisonvs. Small value

 TASCXCategory
Performance 5-yr return+7.36%+5.40%
Expense ratio1.25%1.23%
Risk 5 year sharpe ratio0.440.34
Net assets$193.2M$974.4M
Average market cap$1.4B$3.0B
Average P/E19.616.4
Portfolio turnover21%21%

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 & tenureVictor Cunningham / 2 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00

Holdings

U.S. stock92.64%
International stock4.83%
Cash2.53%
Fixed income0.00%
Other0.00%
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
CUBI Customers Bancorp Inc6.78%
MYRG MYR Group Inc6.76%
VC Visteon Corp5.33%
ICFI ICF International Inc4.95%
TPH TRI Pointe Group Inc4.89%
FCN FTI Consulting Inc4.84%
ATNI ATN International Inc4.14%
UMBF UMB Financial Corp4.07%
TDW Tidewater Inc3.91%
SEB Seaboard Corp3.68%