Third Avenue Real Estate Value Fund Institutional Class (TAREX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
25.50
+0.08 (0.31%)
Aug 8, 2025, 8:09 AM EDT
0.31%
Fund Assets347.98M
Expense Ratio1.15%
Min. Investment$100,000
Turnover5.00%
Dividend (ttm)1.53
Dividend Yield6.00%
Dividend Growth33.13%
Payout FrequencyAnnual
Ex-Dividend DateDec 11, 2024
Previous Close25.42
YTD Return9.71%
1-Year Return20.08%
5-Year Return62.48%
52-Week Low20.68
52-Week High26.29
Beta (5Y)1.09
Holdings39
Inception DateSep 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 20.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.66%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TARZXZ Class1.05%
TVRVXInvestor Class1.40%

Top 10 Holdings

51.38% of assets
NameSymbolWeight
FREDDIE MAC - Federal Home Loan Mortgage CorpFMCC6.57%
Brookfield CorporationBN6.38%
CBRE Group, Inc.CBRE6.31%
FANNIE MAE - Federal National Mortgage AssociationFNMA6.26%
Five Point Holdings, LLCFPH5.20%
U-Haul Holding CoUHALB4.31%
Lennar CorpLENB4.22%
Berkeley Group Holdings PLCBKG4.18%
Prologis, Inc.PLD4.13%
Big Yellow Group PLCBYG3.82%

Dividend History

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