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Coal, Copper, Contrarian Picks Power Third Avenue Value’s Turnaround

Por: MarketWatch Business May 04, 2023

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Last year, the fund returned 17.5%, including reinvested dividends, while the S&P 500 index returned a negative 18.1%. That performance placed Third Avenue Value in the first percentile of its category, according to Morningstar, meaning that it delivered better returns than 99% of its peers. The fund is in the top quartile over three and five years, with annualized total returns of 37.5% and 7.9%, respectively. That’s quite a comeback,... + full article



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