- What does TVRVX invest in?
- The fund primarily aims to achieve its objective by investing in equity securities, including common stocks and convertible instruments. These target well-capitalized companies in the real estate sector, firms linked to real estate, businesses holding substantial real estate assets, or those that, at the time of purchase, derive a significant portion of their revenue or profit from real estate-related activities. Ordinarily, a minimum of 80% of the fund's net assets (plus any borrowed capital for investment) will be allocated to securities of real estate and real estate-related companies.
- What is the expense ratio of TVRVX?
- Third Avenue Real Estate Value Fund (TVRVX) charges an expense ratio of 1.42%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is TVRVX?
- Third Avenue Real Estate Value Fund (TVRVX) is one share class of a fund that manages $352.9M across all of its share classes (TAREX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is TVRVX actively managed or an index fund?
- TVRVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TVRVX's is 1.42%) in exchange for the discretion to over- or under-weight positions.
- When was TVRVX launched?
- Third Avenue Real Estate Value Fund (TVRVX) launched in December 2009 and is managed by the fund issuer.
- How has TVRVX performed?
- TVRVX'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.
