Third Avenue Real Estate Value Fund Institutional Class (TAREX)
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.
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%.
Top 10 Holdings
51.38% of assetsName | 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% |
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 |