Third Avenue Small Cap Value Fund Institutional Class (TASCX)

19.01
Net Asset Value
+0.90%
1 Day
+17.56%
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+6.80% 3 years+8.04%
3 months+5.61% 5 years+6.27%
1 year-4.98% Since inception+8.15%
Data through --

Peer Comparisonvs. Small value

 TASCXCategory
Performance 5-yr return+6.27%+3.59%
Expense ratio1.25%1.24%
Risk 5 year sharpe ratio0.320.19
Net assets$188.9M$895.4M
Average market cap$1.4B$2.8B
Average P/E18.515.2
Portfolio turnover44%44%

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Fund Management and Purchase Info

Fund familyThird Avenue
Fund manager & tenureVictor Cunningham / 1 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00

Holdings

U.S. stock91.04%
International stock7.41%
Cash1.55%
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 Inc5.34%
MYRG MYR Group Inc5.28%
UMBF UMB Financial Corp4.78%
FCN FTI Consulting Inc4.26%
VC Visteon Corp4.08%
TDW Tidewater Inc4.03%
ICFI ICF International Inc3.99%
ATNI ATN International Inc3.78%
PB Prosperity Bancshares Inc3.71%
TPH TRI Pointe Group Inc3.60%