Third Avenue Real Estate Value Fund Investor Class (TVRVX)
| Fund Assets | 363.08M |
| Expense Ratio | 1.40% |
| Min. Investment | $2,500 |
| Turnover | 16.00% |
| Dividend (ttm) | 1.32 |
| Dividend Yield | 5.22% |
| Dividend Growth | -9.89% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2025 |
| Previous Close | 25.03 |
| YTD Return | 3.21% |
| 1-Year Return | 11.49% |
| 5-Year Return | 45.29% |
| 52-Week Low | 19.53 |
| 52-Week High | 25.64 |
| Beta (5Y) | n/a |
| Holdings | 36 |
| Inception Date | Dec 31, 2009 |
About TVRVX
The Third Avenue Real Estate Value Fund Investor Class is a diversified mutual fund that focuses on long-term capital appreciation by investing in a carefully selected portfolio of real estate and real estate-related securities, primarily in developed markets. The fund targets companies involved in real estate development, management, and operations, as well as those offering real estate services, including real estate investment trusts (REITs) and REIT-like entities. As part of the global real estate category, its holdings span both U.S. and international markets, providing exposure to a broad spectrum of the real estate sector. Distinctive for its value-oriented investment philosophy, the fund seeks opportunities where underlying real estate assets are trading below intrinsic value, reflecting its manager’s commitment to disciplined research and valuation methods. Established in 1998, the fund’s investment approach plays a significant role in offering investors access to real assets and property markets, serving as a diversification tool within broader equity portfolios and helping to capture returns from global real estate trends.
Performance
TVRVX had a total return of 11.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.75%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKKX | Fidelity | Fidelity Advisor Global Real Estate Fund | 0.80% |
| FWRTX | Fidelity | Fidelity Advisor Global Real Estate Fund | 1.45% |
| FWRIX | Fidelity | Fidelity Advisor Global Real Estate Fund | 0.95% |
| FWRAX | Fidelity | Fidelity Advisor Global Real Estate Fund | 1.20% |
| FWRCX | Fidelity | Fidelity Advisor Global Real Estate Fund | 1.95% |
Top 10 Holdings
53.17% of assets| Name | Symbol | Weight |
|---|---|---|
| FANNIE MAE - Federal National Mortgage Association | FNMA | 6.95% |
| FREDDIE MAC - Federal Home Loan Mortgage Corp | FMCC | 6.92% |
| Brookfield Corporation | BN | 6.68% |
| CBRE Group, Inc. | CBRE | 6.00% |
| Dreyfus Treasury Securities Cash Management | DIRXX | 5.27% |
| Five Point Holdings, LLC | FPH | 4.71% |
| Prologis, Inc. | PLD | 4.61% |
| Lennar Corp | LENB | 4.46% |
| Jones Lang LaSalle Incorporated | JLL | 4.02% |
| Big Yellow Group PLC | BYG | 3.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2025 | $1.32431 | Dec 11, 2025 |
| Dec 11, 2024 | $1.46968 | Dec 12, 2024 |
| Dec 13, 2023 | $1.09319 | Dec 14, 2023 |
| Dec 14, 2022 | $1.56546 | Dec 15, 2022 |
| Dec 15, 2021 | $2.39915 | Dec 16, 2021 |
| Dec 10, 2020 | $0.1533 | Dec 11, 2020 |