Third Avenue Real Estate Value Z (TARZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

23.87

-0.15 (-0.62%)

At close: Aug 26, 2026

-9.27% (1Y)

Fund Assets	303.87M
Expense Ratio	1.07%
Min. Investment	$250,000
Turnover	16.00%
Dividend (ttm)	1.42
Dividend Yield	5.96%
Dividend Growth	-8.03%
Payout Frequency	Annual
Ex-Dividend Date	Dec 10, 2025

Previous Close	24.02
YTD Return	-2.85%
1-Year Return	-4.05%
5-Year Return	20.45%
52-Week Low	21.60
52-Week High	27.00
Beta (5Y)	1.15
Holdings	40
Inception Date	Mar 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

Performance Rating High

Risk Rating High

Stock Exchange NASDAQ

Ticker Symbol TARZX

Share Class Z Class

Index FTSE EPRA Nareit Developed TR USD

Performance

TARZX had a total return of -4.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.89%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TAREX	Institutional Class	1.17%
TVRVX	Investor Class	1.42%

Top 10 Holdings

46.19% of assets

Name	Symbol	Weight
CBRE Group, Inc.	CBRE	5.68%
Brookfield Corporation	BN	5.21%
U-Haul Holding Company	UHAL.B	5.08%
Federal National Mortgage Association Fannie Mae Fixed/Floating Rate Non Cu	FNMA.V8.25 PERP S	4.57%
Federal Home Loan Mortgage Corp FXDFR PRF PERPETUAL USD 25	FMCC.V8.375 PERP Z	4.48%
Five Point Holdings, LLC	FPH	4.46%
Prologis, Inc.	PLD	4.40%
BNY Dreyfus Treasury Secs Csh Mgmt Inst	DIRXX	4.15%
Lennar Corporation	LEN.B	4.11%
PulteGroup, Inc.	PHM	4.04%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 10, 2025	$1.42472	Dec 11, 2025
Dec 11, 2024	$1.54919	Dec 12, 2024
Dec 13, 2023	$1.17667	Dec 14, 2023
Dec 14, 2022	$1.65644	Dec 15, 2022
Dec 15, 2021	$2.50528	Dec 16, 2021
Dec 10, 2020	$0.25348	Dec 11, 2020

Full Dividend History