Third Avenue Real Estate Value Fund Investor Class (TVRVX)

27.58
Net Asset Value
-0.97%
1 Day
+9.10%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
1.34%
Expense Ratio
Average
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 at the time of investment ("real estate companies"). Under normal circumstances, at least 80% of the fund's net assets will be invested in securities of real estate companies. It may invest in companies of any market capitalization. The fund also invests in both domestic and foreign securities. It is non-diversified.

Performance

1 month+2.57% 3 years+15.87%
3 months+6.57% 5 years--
1 year+32.88% Since inception+13.33%
Data through --

Peer Comparisonvs. Global real estate

 TVRVXCategory
Performance 5-yr return--+2.33%
Expense ratio1.34%1.49%
Risk 5 year sharpe ratio0.250.22
Net assets$1.9B$720.0M
Average market cap$5.7B$9.0B
Average P/E11.916.8
Portfolio turnover4%4%

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Fund Management and Purchase Info

Fund familyThird Avenue
Fund manager & tenureMichael Winer / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
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
FCEA Forest City Enterprises Inc Class A8.17%
-- Cheung Kong Holdings, Ltd.5.13%
-- Brookfield Asset Management Inc Class A4.53%
WY Weyerhaeuser Co3.72%
-- Wheelock and Co., Ltd.3.69%
FR First Industrial Realty Trust Inc3.59%
LOW Lowe's Companies Inc.3.51%
-- Henderson Land Development Co., Ltd.3.39%
-- Hammerson PLC3.35%
-- Westfield Group3.34%

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