Third Avenue Real Estate Value Instl (TAREX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
26.41
-0.01 (-0.04%)
Aug 29, 2025, 8:09 AM EDT
-0.04%
Fund Assets344.22M
Expense Ratio1.15%
Min. Investment$100,000
Turnover5.00%
Dividend (ttm)1.53
Dividend Yield5.78%
Dividend Growth33.13%
Payout FrequencyAnnual
Ex-Dividend DateDec 11, 2024
Previous Close26.42
YTD Return14.03%
1-Year Return18.42%
5-Year Return65.01%
52-Week Low20.68
52-Week High26.51
Beta (5Y)1.09
Holdings42
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 18.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.80%.

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

53.01% of assets
NameSymbolWeight
Federal Home Loan Mortgage Corp 8 3/8 % Fxd-to-Fltng Non-Cum Perp Pfd ShsFMCC.V8.375 PERP Z7.18%
Federal National Mortgage Association Fannie Mae Fixed/Floating Rate Non CuFNMA.V8.25 PERP S6.78%
Brookfield CorporationBN6.32%
CBRE Group, Inc.CBRE6.22%
Dreyfus Treasury Securities Cash ManagementDIRXX6.15%
Five Point Holdings, LLCFPH4.67%
Lennar CorporationLEN.B4.20%
Prologis, Inc.PLD4.12%
U-Haul Holding CompanyUHAL.B3.80%
Jones Lang LaSalle IncorporatedJLL3.56%
View More Holdings

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
Full Dividend History