Third Avenue Real Estate Value Fund Institutional Class (TAREX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
24.92
+0.14 (0.56%)
Jul 10, 2025, 8:09 AM EDT
16.29%
Fund Assets 337.19M
Expense Ratio 1.15%
Min. Investment $100,000
Turnover 5.00%
Dividend (ttm) 1.53
Dividend Yield 6.16%
Dividend Growth 33.13%
Payout Frequency Annual
Ex-Dividend Date Dec 11, 2024
Previous Close 24.78
YTD Return 7.55%
1-Year Return 23.16%
5-Year Return 68.28%
52-Week Low 20.68
52-Week High 26.29
Beta (5Y) 1.08
Holdings 39
Inception Date Sep 17, 1998

About TAREX

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. Under normal circumstances, at least 80% of the fund's net assets (plus the amount of any borrowing for investment purposes) will be invested in securities of real estate and real estate-related companies.

Fund Family Third Avenue
Category Global Real Estate
Stock Exchange NASDAQ
Ticker Symbol TAREX
Share Class Institutional Class
Index FTSE EPRA Nareit Developed TR USD

Performance

TAREX had a total return of 23.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.61%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
TARZX Z Class 1.05%
TVRVX Investor Class 1.40%

Top 10 Holdings

51.38% of assets
Name Symbol Weight
FREDDIE MAC - Federal Home Loan Mortgage Corp FMCC 6.57%
Brookfield Corporation BN 6.38%
CBRE Group, Inc. CBRE 6.31%
FANNIE MAE - Federal National Mortgage Association FNMA 6.26%
Five Point Holdings, LLC FPH 5.20%
U-Haul Holding Co UHALB 4.31%
Lennar Corp LENB 4.22%
Berkeley Group Holdings PLC BKG 4.18%
Prologis, Inc. PLD 4.13%
Big Yellow Group PLC BYG 3.82%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 11, 2024 $1.52588 Dec 12, 2024
Dec 13, 2023 $1.14613 Dec 14, 2023
Dec 14, 2022 $1.62768 Dec 15, 2022
Dec 15, 2021 $2.47654 Dec 16, 2021
Dec 10, 2020 $0.22824 Dec 11, 2020
Dec 12, 2019 $4.6087 Dec 13, 2019
Full Dividend History