Third Avenue Small Cap Value Fund Institutional Class (TASCX)

19.40
Net Asset Value
-0.05%
1 Day
+19.98%
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-0.46% 3 years+3.85%
3 months+4.70% 5 years+6.72%
1 year+15.70% Since inception+8.42%
Data through --

Peer Comparisonvs. Small value

 TASCXCategory
Performance 5-yr return+6.72%+5.03%
Expense ratio1.25%1.23%
Risk 5 year sharpe ratio0.420.32
Net assets$193.7M$956.5M
Average market cap$1.4B$2.8B
Average P/E20.515.4
Portfolio turnover44%44%

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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. stock91.07%
International stock7.34%
Cash1.58%
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
MYRG MYR Group Inc5.78%
VC Visteon Corp5.61%
CUBI Customers Bancorp Inc5.60%
UMBF UMB Financial Corp5.13%
ICFI ICF International Inc4.79%
FCN FTI Consulting Inc4.52%
TDW Tidewater Inc4.52%
TPH TRI Pointe Group Inc4.14%
ATNI ATN International Inc3.82%
SEB Seaboard Corp3.47%