Third Avenue Real Estate Value Fund Investor Class (TVRVX)

Fund Assets	303.87M
Expense Ratio	1.42%
Min. Investment	$2,500
Turnover	16.00%
Dividend (ttm)	1.32
Dividend Yield	5.58%
Dividend Growth	-9.89%
Payout Frequency	Annual
Ex-Dividend Date	Dec 10, 2025

Previous Close	23.82
YTD Return	-3.09%
1-Year Return	-3.85%
5-Year Return	17.80%
52-Week Low	21.59
52-Week High	26.94
Beta (5Y)	1.15
Holdings	40
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.

• Fund Family: Third Avenue
• Category: Global Real Estate
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: TVRVX
• Share Class: Investor Class
• Index: FTSE EPRA Nareit Developed TR USD

Performance

TVRVX had a total return of -3.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.49%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TARZX	Z Class	1.07%
TAREX	Institutional Class	1.17%

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%

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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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