Third Avenue Value Fund Z Class (TAVZX)

Fund Assets	999.24M
Expense Ratio	1.07%
Min. Investment	$250,000
Turnover	23.00%
Dividend (ttm)	5.12
Dividend Yield	5.75%
Dividend Growth	-10.81%
Payout Frequency	Annual
Ex-Dividend Date	Dec 10, 2025

Previous Close	89.08
YTD Return	21.48%
1-Year Return	38.50%
5-Year Return	123.60%
52-Week Low	69.36
52-Week High	89.08
Beta (5Y)	1.58
Holdings	37
Inception Date	Mar 1, 2018

About TAVZX

Third Avenue Value Fund Z Class is an institutional mutual fund focused on long-term capital appreciation through value investing. The fund primarily acquires common stocks of well-financed companies, seeking opportunities across a global universe of sectors, geographies, and security types. Its investment approach is grounded in a disciplined value philosophy, emphasizing companies with strong financial positions and high-quality assets. The fund's portfolio is diversified, with notable exposure to basic materials, financial services, industrials, technology, energy, and consumer cyclical sectors. Key holdings typically represent a significant share of the portfolio, with the top 10 accounting for over 40% of assets. Managed by an experienced team, the fund benefits from a stable organizational culture and incorporates ESG considerations into its research and risk management processes. Third Avenue Value Fund Z Class plays a prominent role in the mid-value segment of global small/mid stock categories, offering institutional investors a vehicle designed for consistent value-driven capital growth over the long term.

• Fund Family: Third Avenue
• Category: World Small/Mid Stock
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TAVZX
• Share Class: Z Class
• Index: MSCI World TR USD

Performance

TAVZX had a total return of 38.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.91%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TAVFX	Institutional Class	1.16%
TVFVX	Investor Class	1.39%

Top 10 Holdings

44.43% of assets

Name	Symbol	Weight
BNY Dreyfus Treasury Securities Cash Management Institutional Shares	DIRXX	8.29%
Tidewater Inc.	TDW	6.16%
Valaris Limited	VAL	4.35%
ULTRAPAR PARTICIPACOES SA COM NPV	UGPA3	4.08%
LUNDIN MINING CORP COM NPV	LUN	3.96%
BMW - BAYERISCHE MOTOREN WERKE AG EUR1	BMW	3.91%
SUBSEA 7 SA COM USD2	SUBC	3.57%
CK HUTCHISON HOLDINGS LTD HKD1	1	3.57%
Boise Cascade Company	BCC	3.38%
Canary HBAR ETF	HBR	3.19%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 10, 2025	$5.11951	Dec 11, 2025
Dec 11, 2024	$5.73977	Dec 12, 2024
Dec 13, 2023	$2.94868	Dec 14, 2023
Dec 14, 2022	$3.24479	Dec 15, 2022
Dec 15, 2021	$1.95092	Dec 16, 2021
Dec 10, 2020	$0.33597	Dec 11, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 13, 2026

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