Third Avenue Value Fund Investor Class

Frequently Asked Questions About TVFVX

What does TVFVX invest in?

The fund's main strategy involves purchasing common stocks of financially sound companies – defined as those with robust assets and prudent levels of debt – at prices the Adviser believes are below their true intrinsic value. The portfolio exhibits flexibility, encompassing companies of any market capitalization and across diverse industries. Beyond equities, it may also acquire undervalued senior securities, such as convertible bonds, preferred shares, and various debt instruments. The fund's investments can include both domestic and international holdings.

What is the expense ratio of TVFVX?

Third Avenue Value Fund Investor Class (TVFVX) charges an expense ratio of 1.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TVFVX?

Third Avenue Value Fund Investor Class (TVFVX) manages $1.01B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is TVFVX actively managed or an index fund?

TVFVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TVFVX launched?

Third Avenue Value Fund Investor Class (TVFVX) launched in December 2009 and is managed by the fund issuer.

How has TVFVX performed?

TVFVX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.