Third Avenue Value Fund Investor Class
TVFVX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 622 Third Avenue New York NY United States of America 10017
- IPO Date
- Dec 31, 2009
- CIK
- 0001031661
- Website
- thirdave.com
- Similar Companies
- Business
- Third Avenue Value Fund Investor Class (TVFVX) is a mutual fund managed by Third Avenue Management that seeks long-term capital appreciation primarily through investments in common stocks of well-financed companies possessing high-quality assets and low liabilities, purchased at substantial discounts to estimated net asset value; it opportunistically invests across global sectors, market capitalizations, geographies, and security types including credit instruments. The fund offers Investor Class shares with a minimum initial investment of $2,500, no-load structure, and an expense ratio in the second-costliest quintile among peers; its portfolio emphasizes financial services, industrials, basic materials, and energy sectors with top holdings such as Dreyfus Treasury Securities Cash Management Institutional, Capstone Copper Corp, and Warrior Met Coal Inc. Launched in 2009 and domiciled in the United States, the fund operates under Third Avenue Management, headquartered in New York with a history tracing to 1986 via predecessor strategies pioneered by Martin J. Whitman; it targets individual and institutional investors seeking value-oriented exposure to undervalued, asset-rich enterprises worldwide. Recent portfolio adjustments include new positions in Conduit Holdings Ltd (2.5 million shares, 1.47% of portfolio) and Rogers Corp in Q3 2025; earlier in 2024, initiations in Paltac Ltd and Close Brothers plc alongside an exit from Hawaiian Holdings; and a full merger of the International Value Fund (TAVIX) into the Value Fund strategy. These moves reflect ongoing strategic shifts toward diversified global value opportunities amid market cycles, with total net assets of approximately $693 million as of early 2025.