Third Avenue Real Estate Value
(MUTF:TAREX) Watch this mutual fundFind more results for
tarex
Performance
Trailing returns
| 1 day |
| -1.11% | |||
| 1 week | +0.20% |
| |||
| 4 week |
| -2.39% | |||
| 3 month | +11.83% |
| |||
| YTD | +36.59% |
| |||
| 1 year | +69.44% |
| |||
| 3 years* |
| -10.34% | |||
| 5 years* | +1.62% |
| |||
| *annualized | |||||
| Best 3 month return | +43.58% | |
| Worst 3 month return | -41.36% |
Morningstar statistics
Morningstar category: Global Real Estate
| Return | Risk | Rating | |
| 3 years | Average | Average |
 
|
| 5 years | Below Average | Low |
|
| 10 years | Average | Low |
|
| Overall | Average | Low |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 1.38B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.12% | |
| Management fee | - | |
| Fund family | Third Avenue |
Asset allocation
| Cash | 9.71% | |
| Stocks | 78.61% | |
| Bonds | 4.01% | |
| Preferred | 0.73% | |
| Convertible | 6.57% | |
| Other | 0.37% |
Purchase information
| Initial | $10,000 | |
| Additional | $1,000 | |
| IRA Initial | $2,500 | |
| AIP Initial | $10,000 | |
| AIP Additional | $200 |
20.28
-0.14 (-0.69%)
Nov 20, 8:00PM EST
Overall Morningstar RatingTM
Description
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of assets in equity and debt securities of companies in the real estate industry. Management seeks to acquire securities of well-financed companies at a substantial discount to the estimate of the issuing company's private market value or liquidation value. The fund is nondiversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Michael Winer (Started: Sep 17, 1998)
Michael Winer (Started: Sep 17, 1998)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -7.40 | -0.16 | -2.60 | 8.90 | |
| Beta* | 1.35 | 1.14 | 1.03 | 0.74 | |
| Mean annual return | 2.53 | -0.57 | 0.38 | 1.03 | |
| R-squared* | 88.18 | 88.56 | 72.01 | 52.58 | |
| Standard deviation | 38.90 | 30.23 | 24.20 | 18.51 | |
| Sharpe ratio | 0.78 | -0.30 | 0.06 | 0.51 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Henderson Land Development Co. Ltd. (12) | 7.91% | |
| Brookfield Asset Management, Inc. (BAM) | 6.65% | |
| Wheelock and Co. Ltd. (20) | 6.35% | |
| Forest City Enterprises, Inc. A (FCE.A) | 6.20% | |
| Hang Lung Properties Ltd. (101) | 5.26% | |
| Hammerson PLC (HMSO) | 5.15% | |
| CapitaLand Ltd (C31) | 4.14% | |
| Vornado Realty Trust (VNO) | 3.75% | |
| Mitsui Fudosan Co., Ltd. (8801) | 3.64% | |
| British Land Co PLC (BLND) | 3.45% |