Third Avenue Value Fund Investor Class (TVFVX)

Fund Assets	1.02B
Expense Ratio	1.366%
Min. Investment	$2,500
Turnover	23.00%
Dividend (ttm)	1.59
Dividend Yield	1.84%
Dividend Growth	11.81%
Payout Frequency	Annual
Ex-Dividend Date	Dec 10, 2025

Previous Close	86.79
YTD Return	17.35%
1-Year Return	27.70%
5-Year Return	107.33%
52-Week Low	70.95
52-Week High	91.54
Beta (5Y)	1.58
Holdings	44
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.

• Fund Family: Third Avenue
• Category: World Small/Mid Stock
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TVFVX
• Share Class: Investor Class
• Index: MSCI World TR USD

Performance

TVFVX had a total return of 27.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.49%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TAVZX	Z Class	1.07%
TAVFX	Institutional Class	1.16%

Top 10 Holdings

42.29% of assets

Name	Symbol	Weight
BNY Dreyfus Treasury Secs Csh Mgmt Inst	DIRXX	7.96%
Tidewater Inc.	TDW	4.81%
easyJet plc	EZJ	4.06%
Lundin Mining Corporation	LUN	3.93%
CK Hutchison Holdings Limited	0001	3.79%
Boise Cascade Company	BCC	3.67%
Ultrapar Participações S.A.	UGPA3	3.56%
Subsea 7 S.A.	SUBC	3.54%
JEOL Ltd.	6951	3.50%
Capstone Copper Corp.	CS	3.48%

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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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