Third Avenue Real Estate Value Z (TARZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
26.35
+0.19 (0.73%)
Aug 27, 2025, 9:30 AM EDT
0.73%
Fund Assets344.22M
Expense Ratio1.05%
Min. Investment$250,000
Turnover5.00%
Dividend (ttm)1.55
Dividend Yield5.92%
Dividend Growth31.66%
Payout FrequencyAnnual
Ex-Dividend DateDec 11, 2024
Previous Close26.16
YTD Return13.30%
1-Year Return17.32%
5-Year Return64.53%
52-Week Low20.61
52-Week High26.43
Beta (5Y)n/a
Holdings42
Inception DateMar 1, 2018

About TARZX

The Third Avenue Real Estate Value Fund Z is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of real estate and real estate-related businesses. This fund takes a value-oriented approach, seeking opportunities among real estate investment trusts (REITs), real estate operating companies (REOCs), and enterprises providing real estate services across global developed markets. Distinct for its dedication to identifying well-capitalized and well-managed companies trading at discounts to their net asset values, the fund maintains a disciplined investment process that has been refined over more than two decades. The Third Avenue Real Estate Value Fund Z provides investors exposure to the commercial, residential, and diversified real estate sectors while aiming to deliver strong risk-adjusted performance through various market cycles. Its strategy and consistent results have earned it multiple industry accolades, including recognition as a top global real estate fund over several years.

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

Performance

TARZX had a total return of 17.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.25%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TAREXInstitutional Class1.15%
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$1.54919Dec 12, 2024
Dec 13, 2023$1.17667Dec 14, 2023
Dec 14, 2022$1.65644Dec 15, 2022
Dec 15, 2021$2.50528Dec 16, 2021
Dec 10, 2020$0.25348Dec 11, 2020
Dec 12, 2019$4.6494Dec 13, 2019
Full Dividend History