Third Avenue Value Fund Z Class (TAVZX)
| Fund Assets | 943.66M |
| Expense Ratio | 1.10% |
| Min. Investment | $250,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 5.12 |
| Dividend Yield | 6.48% |
| Dividend Growth | -10.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2025 |
| Previous Close | 79.01 |
| YTD Return | 10.57% |
| 1-Year Return | 46.99% |
| 5-Year Return | 135.70% |
| 52-Week Low | 48.57 |
| 52-Week High | 80.68 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| 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.
Performance
TAVZX had a total return of 46.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.19%.
Top 10 Holdings
47.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Capstone Copper Corp | CS | 6.74% |
| Dreyfus Treasury Securities Cash Management | DIRXX | 5.60% |
| Bank of Ireland Group PLC | BIRG | 5.21% |
| Warrior Met Coal, Inc. | HCC | 4.66% |
| Bayerische Motoren Werke AG | BMW | 4.44% |
| Subaru Corp | 7270 | 4.41% |
| Lundin Mining Corp | LUN | 4.39% |
| Tidewater Inc. | TDW | 4.18% |
| Buzzi SpA | BZU | 4.11% |
| Horiba Ltd | 6856 | 3.81% |
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 |