Third Avenue Real Estate Value Fund Institutional Class (TAREX)

32.76
Net Asset Value
0.00%
1 Day
+4.10%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
1.08%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund seeks to achieve its objective primarily by investing in equity securities, including common stocks and convertible securities, of well-financed real estate and real estate-related companies, or in companies which own significant real estate assets or derive a significant portion of gross revenues or net profits from real estate-related companies at the time of investment. It invests at least 80% of its net assets in securities of real estate companies. The fund may invest in companies of any market capitalization. It also invests in both domestic and foreign securities. The fund is non-diversified.

Performance

1 month+1.11% 3 years+16.75%
3 months+3.82% 5 years+14.62%
1 year+13.66% Since inception+11.99%
Data through --

Peer Comparisonvs. Global real estate

 TAREXCategory
Performance 5-yr return+14.62%+9.92%
Expense ratio1.08%1.42%
Risk 5 year sharpe ratio1.010.80
Net assets$3.4B$718.3M
Average market cap$5.9B$9.2B
Average P/E11.916.7
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyThird Avenue
Fund manager & tenureMichael Winer / 16 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00

Holdings

International stock41.17%
U.S. stock39.39%
Cash15.60%
Fixed income2.79%
Other1.05%
Top 5 Sectors
Portfolio weighting
Financial service 91.79%
Industrial materials 8.21%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
WY Weyerhaeuser Co4.93%
-- 3.85%
FCEA Forest City Enterprises Inc3.78%
-- 3.29%
FR First Industrial Realty Trust Inc3.15%
-- 3.12%
-- 3.01%
LOW Lowe's2.97%
-- 2.95%
EQC Equity Commonwealth2.86%

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