Third Avenue Real Estate Value Fund Institutional Class (TAREX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
24.18
+0.09 (0.37%)
Jun 18, 2025, 4:00 PM EDT
13.10%
Fund Assets 331.58M
Expense Ratio 1.15%
Min. Investment $100,000
Turnover n/a
Dividend (ttm) 1.53
Dividend Yield 6.33%
Dividend Growth 33.13%
Payout Frequency Annual
Ex-Dividend Date Dec 11, 2024
Previous Close 24.09
YTD Return 3.97%
1-Year Return 19.33%
5-Year Return 56.29%
52-Week Low 20.68
52-Week High 26.29
Beta (5Y) 1.08
Holdings 43
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 19.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.49%.

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

51.34% of assets
Name Symbol Weight
Federal Home Loan Mortgage Corp 8 3/8 % Fxd-to-Fltng Non-Cum Perp Pfd Shs FMCC.V8.375 PERP Z 6.64%
CBRE Group, Inc. CBRE 6.60%
Federal National Mortgage Association Fannie Mae Fixed/Floating Rate Non Cu FNMA.V8.25 PERP S 6.11%
Brookfield Corporation BN 6.08%
Five Point Holdings, LLC FPH 5.15%
U-Haul Holding Company UHAL.B 4.55%
Prologis, Inc. PLD 4.41%
Lennar Corporation LEN.B 4.35%
Jones Lang LaSalle Incorporated JLL 3.92%
Sun Communities, Inc. SUI 3.52%
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