TASCX: Third Avenue Small Cap Value Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$20.59

-

-

$0.00

1.15%

Vitals

YTD Return

16.9%

1 yr return

44.6%

3 Yr Avg Return

5.0%

5 Yr Avg Return

8.8%

Net Assets

$174 M

Holdings in Top 10

48.2%

52 WEEK LOW AND HIGH

$20.38
$14.06
$22.48

Expenses

OPERATING FEES

Expense Ratio 1.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 37.00%

Redemption Fee 1.00%


Min Investment

Standard (Taxable)

$10,000

IRA

$100,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Small Value


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$20.59

-

-

$0.00

1.15%

TASCX - Profile

Distributions

  • YTD Total Return 16.9%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 8.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Third Avenue Small Cap Value Fund
  • Fund Family Name
    Third Avenue
  • Inception Date
    Apr 01, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Victor Cunningham

Fund Description

The fund seeks to achieve its objective by acquiring equity securities, including common stocks and convertible securities, of well-financed small companies at a discount to what the Adviser believes is their intrinsic value. The advisor expects to invest at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in securities of companies that are considered small. It also invests in both domestic and foreign securities.


TASCX - Performance

Return Ranking - Trailing

Period TASCX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.9% -60.0% 48.5% 80.35%
1 Yr 44.6% -18.7% 101.2% 89.06%
3 Yr 5.0%* -2.8% 17.0% 83.02%
5 Yr 8.8%* 0.1% 18.1% 79.06%
10 Yr 9.8%* 5.8% 15.7% 81.20%

* Annualized

Return Ranking - Calendar

Period TASCX Return Category Return Low Category Return High Rank in Category (%)
2020 -4.4% -49.4% 364.1% 82.38%
2019 13.9% -21.7% 34.0% 79.81%
2018 -22.3% -57.2% -5.7% 40.45%
2017 -4.1% -64.9% 24.5% 78.81%
2016 15.7% -2.4% 68.2% 80.93%

Total Return Ranking - Trailing

Period TASCX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.9% -60.6% 48.5% 80.13%
1 Yr 44.6% -18.7% 116.1% 86.48%
3 Yr 5.0%* -2.8% 17.0% 80.09%
5 Yr 8.8%* 0.1% 18.1% 75.34%
10 Yr 9.8%* 5.8% 15.7% 79.84%

* Annualized

Total Return Ranking - Calendar

Period TASCX Return Category Return Low Category Return High Rank in Category (%)
2020 -4.4% -49.4% 364.1% 82.38%
2019 13.9% -21.7% 34.0% 79.81%
2018 -22.3% -48.1% -5.2% 62.28%
2017 -4.1% -28.5% 24.5% 91.21%
2016 15.7% -0.8% 70.7% 88.56%

NAV & Total Return History


TASCX - Holdings

Concentration Analysis

TASCX Category Low Category High TASCX % Rank
Net Assets 174 M 294 K 48.2 B 71.59%
Number of Holdings 31 10 1599 96.20%
Net Assets in Top 10 84.3 M 2.72 K 2.35 B 47.26%
Weighting of Top 10 48.24% 2.9% 98.1% 2.56%

Top 10 Holdings

  1. Cooper Tire & Rubber Co 7.92%
  2. UMB Financial Corp 7.76%
  3. Washington Trust Bancorp Inc 5.36%
  4. Customers Bancorp Inc 5.29%
  5. MYR Group Inc 5.25%
  6. Seaboard Corp 5.15%
  7. FRP Holdings Inc 4.84%
  8. Prosperity Bancshares Inc 4.43%
  9. Alamo Group Inc 4.23%
  10. ICF International Inc 4.19%

Asset Allocation

Weighting Return Low Return High TASCX % Rank
Stocks
89.17% 13.53% 100.64% 96.41%
Cash
9.85% -79.75% 81.46% 4.43%
Bonds
0.98% 0.00% 72.05% 1.90%
Preferred Stocks
0.00% 0.00% 6.56% 7.17%
Other
0.00% -0.84% 5.38% 12.66%
Convertible Bonds
0.00% 0.00% 2.52% 5.27%

Stock Sector Breakdown

Weighting Return Low Return High TASCX % Rank
Financial Services
35.55% 0.00% 100.00% 2.13%
Industrials
28.32% 0.00% 38.49% 4.04%
Consumer Cyclical
7.58% 0.00% 43.36% 96.17%
Real Estate
7.01% 0.00% 45.19% 53.62%
Communication Services
6.21% 0.00% 16.24% 1.70%
Energy
4.33% 0.00% 35.47% 62.34%
Basic Materials
4.16% 0.00% 74.80% 74.68%
Technology
3.96% 0.00% 31.66% 93.19%
Consumer Defense
2.72% 0.00% 14.01% 76.81%
Healthcare
0.16% 0.00% 23.91% 96.81%
Utilities
0.00% 0.00% 14.62% 84.04%

Stock Geographic Breakdown

Weighting Return Low Return High TASCX % Rank
US
85.79% 10.92% 100.05% 93.25%
Non US
3.38% 0.00% 68.23% 40.08%

Bond Sector Breakdown

Weighting Return Low Return High TASCX % Rank
Cash & Equivalents
90.96% 0.00% 100.00% 92.92%
Corporate
9.04% 0.00% 100.00% 5.25%
Derivative
0.00% 0.00% 68.08% 4.79%
Securitized
0.00% 0.00% 12.67% 3.42%
Municipal
0.00% 0.00% 0.10% 3.42%
Government
0.00% 0.00% 71.81% 3.88%

Bond Geographic Breakdown

Weighting Return Low Return High TASCX % Rank
US
0.98% 0.00% 42.17% 1.90%
Non US
0.00% 0.00% 29.88% 4.43%

TASCX - Expenses

Operational Fees

TASCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.05% 10.52% 45.15%
Management Fee 0.90% 0.00% 1.48% 77.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.01% 0.01% 0.47% 0.66%

Sales Fees

TASCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TASCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.50% 2.00% 58.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TASCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 3.00% 454.00% 17.74%

TASCX - Distributions

Dividend Yield Analysis

TASCX Category Low Category High TASCX % Rank
Dividend Yield 0.00% 0.00% 1.62% 10.53%

Dividend Distribution Analysis

TASCX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

TASCX Category Low Category High TASCX % Rank
Net Income Ratio -0.12% -2.48% 4.15% 86.52%

Capital Gain Distribution Analysis

TASCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

TASCX - Fund Manager Analysis

Managers

Victor Cunningham


Start Date

Tenure

Tenure Rank

Sep 19, 2017

3.95

4.0%

Mr. Cunningham is a Portfolio Manager of the Third Avenue . Prior to rejoining Third Avenue in 2017, Mr. Cunningham was a portfolio manager with Third Avenue from 2013 to 2016. He initially joined Third Avenue in 2012. From 2005 to 2011, Mr. Cunningham was founder and owner of Lucid Asset Management, where he spent six years running his own long-only value fund catering to high net worth individuals and institutions. Prior to forming Lucid, Mr. Cunningham spent five years as the Research Director at Olstein Funds.

Evan Strain


Start Date

Tenure

Tenure Rank

Mar 01, 2020

1.5

1.5%

Mr. Strain is the Co-Portfolio Manager of the Third Avenue Small-Cap Value Fund. He has been an analyst and portfolio manager working on the Small-Cap Strategy since 2011. Previously, Mr. Strain spent three years with Dorchester Management, a value-oriented hedge fund, where he conducted fundamental investment analysis on companies across industries and geographies. Mr. Strain holds a B.S. in Finance and Accounting from NYU Stern School of Business. He also studied international finance at the Maastricht University School of Business and Economics in the Netherlands. He is a CFA® Charterholder and is a member of the CFA Society of New York.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 36.7 7.36 1.67