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Third Avenue Value Instl

TAVFX
51.01
+0.26
+0.51%
5/27/2016
5 Years
  • Previous Close

    50.75

  • Net Assets

    1.26B

  • Yield

    1.45%

  • Front load

    None

  • Expenses

    1.09%

  • Category

    World Stock

  • Morningstar Risk

    Above Average

  • Morningstar Rating ★★
Profile

Name of Issuer

Third Avenue

Fund Style

Open

Fund Manager

Victor Cunningham

Investment Style

Medium 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

Inception

11/1/1990

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