Third Avenue Focused Credit Fund Distribution Information

November 8, 2016

Third Avenue Focused Credit Fund Institutional Class

Amount of Distribution Per Share Record date Ex-Dividend Date Payable Date
$0.25463 November 7, 2016 November 8, 2016 November 8, 2016

Please note this distribution is the third in a series of liquidating distributions;  there is no reinvestment option for this distribution.

Third Avenue Focused Credit Fund – Section 19 Notice (distribution date:  11/8/16)

Form 8937 Report of Organizational Actions Affecting Basis of Securities (distribution date:  11/8/16)

Please note that Third Avenue Funds does not provide tax advice and no information provided by Third Avenue Funds should be construed as tax advice. You should consult your tax adviser for professional guidance.