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      <yearOrQuarter>YEAR</yearOrQuarter>
      <reportCalendarYear>2026</reportCalendarYear>
      <reportingPerson>
        <name>THIRD AVENUE TRUST</name>
        <phoneNumber>212-888-5222</phoneNumber>
        <address>
          <com:street1>675 Third Avenue</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10017</com:zipCode>
        </address>
      </reportingPerson>
      <agentForService>
        <name>Joel L. Weiss</name>
        <address>
          <com:street1>1636 N Cedar Crest Blvd.</com:street1>
          <com:street2>Suite #161</com:street2>
          <com:city>Allentown</com:city>
          <com:stateOrCountry>PA</com:stateOrCountry>
          <com:zipCode>18104</com:zipCode>
        </address>
      </agentForService>
      <reportInfo>
        <reportType>FUND VOTING REPORT</reportType>
      </reportInfo>
      <fileNumber>811-08039</fileNumber>
      <leiNumber>549300NKE5HKXV94KS04</leiNumber>
      <explanatoryInformation>
        <explanatoryChoice>N</explanatoryChoice>
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          <nameOfSeries>Third Avenue Value Fund</nameOfSeries>
          <leiOfSeries>6GG153EV53G071KLNA79</leiOfSeries>
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        <seriesReports>
          <idOfSeries>S000001465</idOfSeries>
          <nameOfSeries>Third Avenue Small-Cap Value Fund</nameOfSeries>
          <leiOfSeries>0JCLV283XKNBTMBH2S72</leiOfSeries>
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      <txSignature>Joel L. Weiss</txSignature>
      <txPrintedSignature>Joel L. Weiss</txPrintedSignature>
      <txTitle>Chief Executive Officer</txTitle>
      <txAsOfDate>08/10/2026</txAsOfDate>
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