Third Avenue Small Cap Value Fund Institutional Class (TASCX)

15.39
Net Asset Value
+2.12%
1 Day
-16.45%
Year-to-Date
Overall Morningstar Rating
Small value
Style or Category
No Load
Sales Expenses
1.34%
Expense Ratio
Low
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+7.10% 3 years-3.46%
3 months+3.85% 5 years+3.35%
1 year-14.79% Since inception+7.11%
Data through --

Peer Comparisonvs. Small value

 TASCXCategory
Performance 5-yr return+3.35%+2.67%
Expense ratio1.34%1.22%
Risk 5 year sharpe ratio0.190.18
Net assets$128.9M$779.6M
Average market cap$1.2B$2.6B
Average P/E15.115.7
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyThird Avenue
Fund manager & tenureVictor Cunningham / 3 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00

Holdings

U.S. stock91.02%
Cash4.64%
International stock3.28%
Fixed income1.07%
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
MYRG MYR Group Inc9.00%
CTB Cooper Tire & Rubber Co5.77%
PB Prosperity Bancshares Inc5.61%
CALM Cal-Maine Foods Inc4.43%
ICFI ICF International Inc4.16%
VC Visteon Corp4.06%
WASH Washington Trust Bancorp Inc3.85%
SEB Seaboard Corp3.82%
FRPH FRP Holdings Inc3.79%
ALG Alamo Group Inc3.55%