Third Avenue Value Instl
(TAVFX)
US Markets Closed
AdChoices
58.22
-0.43
-0.74%
:

Previous Close

58.65

Net Assets

2.05B

Yield

3.21%

Front load

None

Expenses

1.10%

Category

World Stock

Morningstar Risk

Above Average

Morningstar Rating ★★
AdChoices
Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • TAVFX

  • Category

    • 2013

    • 18.84%

    • -

    • 2012

    • 27.48%

    • -

    • 2011

    • -20.68%

    • -

    • 2010

    • 13.87%

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 5.70%

      • 13.40%

      • 3.98%

      • Q2

      • 1.25%

      • -1.54%

      • -3.62%

      • Q3

      • 6.84%

      • 8.61%

      • -23.62%

      • Q4

      • 3.93%

      • 5.11%

      • 3.63%

      Composition
      Sector Weightings
      Equity Investment Style
      The two dimensions of the Fund Style box measure the average size of companies that have been in the FUND, from the top to bottom, and the average valuation characteristics of the FUND's past stock holdings, from left to right.
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • Covanta Holding Corp

        • 5.11

        • 5,956,007

        • 0

        • Bank of New York Mellon Corp

        • 4.98

        • 3,034,813

        • -144,537

        • POSCO ADR

        • 4.86

        • 1,432,345

        • -378,087

        • Cavco Industries Inc

        • 4.77

        • 1,590,793

        • -192,623

        • Wheelock and Co Ltd

        • 4.52

        • 21,351,000

        • -7,797,000

        • Apache Corporation

        • 4.27

        • 990,300

        • -99,700

        • Devon Energy Corp

        • 3.95

        • 1,245,606

        • -125,000

        • Hang Lung Group Ltd

        • 3.63

        • 16,132,000

        • -1,602,000

        • Total SA

        • 3.52

        • 1,299,649

        • 0

        • Daiwa Securities Co., Ltd.

        • 3.48

        • 9,883,700

        • 0

        • Name

        • Rating

        • YTD Return %

          • MFS® Global Equity I

          • ★★★★★
          • -1.66

          • Morgan Stanley Global Infrastructure L

          • ★★★★★
          • 12.91

          • Morgan Stanley Global Infrastructure A

          • ★★★★★
          • 13.33

          • Morgan Stanley Inst Sel Glbl Infras I

          • ★★★★★
          • 13.20

          • Morgan Stanley Inst Glbl Discovery L

          • ★★★★★
          • -5.34

          • Causeway Global Value Inv

          • ★★★★★
          • 2.29

          • Morgan Stanley Global Infrastructure B

          • ★★★★★
          • 12.40

          • Morgan Stanley Inst Sel Glbl Infras L

          • ★★★★★
          • 12.39

          • Morgan Stanley Inst Glbl Discovery I

          • ★★★★★
          • -4.71

          • Morgan Stanley Inst Glbl Discovery A

          • ★★★★★
          • -4.94

          • Name

          • TAVFX

          • Category

            • Expense Ratio

            • 1.10%

            • 1.35%

            • Net Assets

            • 2.05B

            • 381.21M

            • Dividend Yield

            • 2.44%

            • 2.33

            • Price/Book

            • 0.85

            • 1.99

            • Price/Sales

            • 1.34

            • 1.50

            • Price/Cash Flow

            • 5.96

            • 6.58

            Profile

            Name of Issuer

            Third Avenue

            Fund Style

            Open

            Fund Manager

            Victor Cunningham

            Investment Style

            Large Value

            The investment seeks long-term capital appreciation. The fund seeks to achieve its objective mainly by acquiring common stocks of well-financed companies (meaning companies with high quality assets and conservative levels of liabilities) at a discount to what the Adviser believes is their intrinsic value. It may invest in companies of any market capitalization. The fund may also acquire senior securities, such as convertible securities, preferred stocks and debt instruments, that the Adviser believes are undervalued. It also invests in both domestic and foreign securities. The fund is non-diversified.

            Purchase Information

            Initial Purchase 100,000
            Initial Purchase: IRA 100,000
            Initial Purchase: AIP 100,000
            Front load None
            Back Load None

            Inception

            11/1/1990