Third Avenue Real Estate Value Fund Institutional Class

Frequently Asked Questions About TAREX

What does TAREX invest in?

The fund's main goal is to generate significant long-term growth for its investors. It aims to achieve this by primarily investing in ownership stakes, such as common stocks and convertible securities, of financially sound companies. These companies are either directly involved in the real estate sector, have operations closely tied to it, hold substantial real estate properties, or obtain a significant part of their income or profits from real estate-related ventures at the point of investment. Typically, a minimum of 80% of the fund's total investment capital (including any borrowed money for investment purposes) will be allocated to securities issued by these real estate and real estate-related businesses.

What is the expense ratio of TAREX?

Third Avenue Real Estate Value Fund Institutional Class (TAREX) charges an expense ratio of 1.17%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TAREX?

Third Avenue Real Estate Value Fund Institutional Class (TAREX) manages $354.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is TAREX actively managed or an index fund?

TAREX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TAREX launched?

Third Avenue Real Estate Value Fund Institutional Class (TAREX) launched in September 1998 and is managed by the fund issuer.

How has TAREX performed?

TAREX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.