We have qualitatively reviewed Third Avenue Real Estate Value and reaffirmed its Process and People ratings. A veteran management team that is steeped in the firm's contrarian, value-oriented investment philosophy continues to guide this unique global real estate mandate. The following text is from Nov. 30, 2022.
Third Avenue Real Estate Value Z TARZX
- NAV / 1-Day Return 21.36 / +0.71 %
- Total Assets 286.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.050%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Global Real Estate
- Investment Style Mid Value
- Min. Initial Investment 25,000
- Status Open
- TTM Yield 1.45%
- Turnover 8%
USD | NAV as of Jul 04, 2024 | 1-Day Return as of Jul 04, 2024, 12:17 AM GMT+0
Morningstar’s Analysis TARZX
Will TARZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 50.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Lennar Corp Class B | 7.05 | 21.7 Mil | Consumer Cyclical |
Brookfield Corp Registered Shs -A- Limited Vtg | 6.29 | 19.4 Mil | Financial Services |
D.R. Horton Inc | 6.16 | 19.0 Mil | Consumer Cyclical |
U-Haul Holding Co Ordinary Shares - Series N | 6.09 | 18.7 Mil | Industrials |
CBRE Group Inc Class A | 5.45 | 16.8 Mil | Real Estate |
Prologis Inc | 4.66 | 14.3 Mil | Real Estate |
Weyerhaeuser Co | 4.07 | 12.5 Mil | Real Estate |
American Homes 4 Rent Class A | 3.82 | 11.8 Mil | Real Estate |
Berkeley Group Holdings (The) PLC | 3.66 | 11.3 Mil | Consumer Cyclical |
Rayonier Inc | 3.45 | 10.6 Mil | Real Estate |