2 / 5 Stars
1 1 4 5 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#41 in Small Value
U.S. News evaluated 115 Small Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 32.70 percent over the past year, 15.25 percent over the past three years, 17.34 percent over the past five years, and 7.90 percent over the past decade.
|Trailing Returns||Updated 11.30.2013|
|Year to date||29.4%|
|3 Years (Annualized)||15.3%|
|5 Years (Annualized)||17.3%|
|10 Years (Annualized)||7.9%|
The investment seeks long-term capital appreciation. 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. It 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. The fund also invests in both domestic and foreign securities. It is non-diversified.
Fees are High compared to funds in the same category.
Third Avenue Small Cap Value Fund has an expense ratio of 1.13 percent.
Risk is Low compared to funds in the same category according to Morningstar.