Third Avenue Small Cap Value Instl (TASCX)
Third Avenue Small Cap Value Instl operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $25.89, up 0.27% on the session, giving a market capitalisation of $217.5M. Its beta of 0.67 implies it has historically moved less than the broad market.
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.
Third Avenue Small Cap Value Instl is most often compared with the following Financial Services names: