Third Avenue High Yield Fund Halts Redemptions, Plans Liquidation [UPDATED]VW Staff
David Barse's letter to Third Avenue Focused Credit Fund for the Fiscal Quarter ended October 31, 2015.
Dear Fellow Shareholders,
I am writing to inform you that the Board of Trustees of the Third Avenue Trust has adopted a Plan of Liquidation for the Third Avenue Focused Credit Fund (“FCF”). Pursuant to this Plan, on or about December 16, 2015, there will be a distribution to all FCF shareholders of the Fund’s cash assets not required for the expenses of the Fund and its liquidation. The remaining assets have been placed into a liquidating trust (the “Liquidating Trust . . .
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