Third Avenue Value Fund Q3 2025 Commentary (Mutual Fund:TAVFX)
Seeking Alpha·2025-10-22 15:06
Pawel Kacperek/iStock via Getty Images Dear Fellow Shareholders, For the three months ended September 30, 2025, the Third Avenue Value Fund (the “Fund”) returned 11.85%, as compared to the MSCI World Index1, which returned 7.36%, and the MSCI World Value Index2, which returned 5.98%. For the year-to-date period, the Fund returned 26.04%, compared to the MSCI World Index and the MSCI World Value Index, which returned 17.83% and 17.54%, respectively. As of quarter end, annualized Fund performance for the ...