Third Avenue Value Fund Investor Class (TVFVX)
Third Avenue Value Fund Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $87.84, up 0.14% on the session, giving a market capitalisation of $970.1M. Its beta of 0.76 implies it has historically moved less than the broad market.
The fund's main strategy involves purchasing common stocks of financially sound companies – defined as those with robust assets and prudent levels of debt – at prices the Adviser believes are below their true intrinsic value. The portfolio exhibits flexibility, encompassing companies of any market capitalization and across diverse industries. Beyond equities, it may also acquire undervalued senior securities, such as convertible bonds, preferred shares, and various debt instruments. The fund's investments can include both domestic and international holdings.
Third Avenue Value Fund Investor Class is most often compared with the following Financial Services names: