Third Avenue Value Fund Investor Class (TVFVX)
| Fund Assets | 1.00B |
| Expense Ratio | 1.39% |
| Min. Investment | $2,500 |
| Turnover | 23.00% |
| Dividend (ttm) | 4.93 |
| Dividend Yield | 6.27% |
| Dividend Growth | -10.44% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2025 |
| Previous Close | 78.65 |
| YTD Return | 6.56% |
| 1-Year Return | 38.38% |
| 5-Year Return | 97.24% |
| 52-Week Low | 22.68 |
| 52-Week High | 84.18 |
| Beta (5Y) | n/a |
| Holdings | 45 |
| Inception Date | Dec 31, 2009 |
About TVFVX
Third Avenue Value Fund Investor Class is an open-end mutual fund dedicated to long-term capital appreciation through disciplined value investing. The fund primarily targets common stocks of well-financed companies—those with high-quality assets and conservative liabilities—acquired at prices below their perceived intrinsic value. Employing a concentrated approach, the fund generally maintains a focused portfolio, emphasizing high-conviction positions across a diverse range of industries and market capitalizations. Notable sector exposures include basic materials, industrials, and financial services, reflecting the fund’s willingness to seek value globally and across various sectors. In addition to equities, the strategy allows for investments in other security types, including preferred stocks, convertible securities, and even distressed or high-yield debt when such opportunities are deemed undervalued. The fund’s consistent application of fundamental analysis and its willingness to invest in both U.S. and international companies make it a flexible option within the global small- and mid-cap value segment. By maintaining a relatively low portfolio turnover, the fund aims to capitalize on longer-term mispricings while striving to offer investors access to differentiated, value-oriented opportunities in the equity markets.
Performance
TVFVX had a total return of 38.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.17%.
Top 10 Holdings
48.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Treasury Securities Cash Management | DIRXX | 10.54% |
| Warrior Met Coal, Inc. | HCC | 5.14% |
| Capstone Copper Corp. | CS | 5.12% |
| Bayerische Motoren Werke Aktiengesellschaft | BMW | 4.85% |
| Lundin Mining Corporation | LUN | 4.66% |
| Subaru Corporation | 7270 | 4.19% |
| Tidewater Inc. | TDW | 3.92% |
| Buzzi S.p.A. | BZU | 3.88% |
| Bank of Ireland Group plc | BIRG | 3.29% |
| CK Hutchison Holdings Ltd | 1.HK | 3.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2025 | $4.92841 | Dec 11, 2025 |
| Dec 11, 2024 | $5.50295 | Dec 12, 2024 |
| Dec 13, 2023 | $2.55895 | Dec 14, 2023 |
| Dec 14, 2022 | $2.95647 | Dec 15, 2022 |
| Dec 15, 2021 | $1.73435 | Dec 16, 2021 |
| Dec 10, 2020 | $0.21304 | Dec 11, 2020 |