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Morningstar

Third Avenue Small Cap Value Investor TVSVX

Morningstar Medalist Rating
Medalist Rating as of | See Third Avenue Investment Hub
  • NAV / 1-Day Return 20.45  /  0.69 %
  • Total Assets 172.7 Mil
  • Adj. Expense Ratio
    1.400%
  • Expense Ratio 1.400%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Small Value
  • Investment Style Small Value
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield —
  • Turnover 17%

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 10:20 PM GMT+0

Morningstar’s Analysis TVSVX

Will TVSVX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TVSVX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the TVSVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of TVSVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Third Avenue Small Cap Value Investor to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TVSVX

More TVSVX Holdings
  • Current Portfolio Date
  • Equity Holdings 25
  • Bond Holdings 0
  • Other Holdings 6
  • % Assets in Top 10 Holdings 49.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dreyfus Treasury Secs Cash Mgmt Inst

9.91
16,682,309
Corporate

Tidewater Inc

7.71
12,978,060
Energy

MYR Group Inc

6.63
11,162,931
Industrials

UMB Financial Corp

5.39
9,078,911
Financial Services

Seaboard Corp

4.92
8,292,917
Industrials

FRP Holdings Inc

4.31
7,266,601
Real Estate

ICF International Inc

4.26
7,166,232
Industrials

Encore Capital Group Inc

4.18
7,047,712
Financial Services

Kaiser Aluminum Corp

4.11
6,929,092
Basic Materials

Atlanta Braves Holdings Inc Class A

4.00
6,728,803
Communication Services