Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
1.03% 539.28M 1.60% 22.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-372.20M -4.03% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks long-term capital appreciation. The fund seeks to achieve its objective primarily by investing in equity securities, including common stocks and convertible securities, of well-financed real estate and real estate-related companies, or in companies which own significant real estate assets or derive a significant portion of gross revenues or net profits from real estate-related companies at the time of investment. Under normal circumstances, at least 80% of the fund's net assets (plus the amount of any borrowing for investment purposes) will be invested in securities of real estate and real estate-related companies.
General
Security Type Mutual Fund
Oldest Share Symbol TAREX
Equity Style Mid Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Global Real Estate
Category Index S&P Global REIT TR USD
Prospectus Objective Specialty - Real Estate
Fund Owner Firm Name Third Avenue
Prospectus Benchmark Index
FTSE EPRA Nareit Developed TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Jason Wolf 10.14 yrs
Ryan Dobratz 7.84 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 98
-372.20M
-871.69M Category Low
441.56M Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of November 30, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
--
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As of December 04, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
16.42%
13.12%
-3.65%
5.82%
22.18%
-19.84%
21.19%
-7.37%
26.68%
4.94%
-0.87%
7.51%
22.40%
-8.71%
27.67%
13.65%
--
--
-1.31%
-0.88%
27.11%
-5.85%
21.48%
2.37%
4.57%
13.26%
0.26%
0.24%
14.66%
-6.36%
30.21%
-1.66%
--
--
--
4.40%
10.82%
-4.79%
22.37%
-8.83%
2.93%
15.10%
0.02%
4.59%
11.23%
-4.66%
23.00%
-3.06%
As of December 04, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (12-4-20) 1.60%
30-Day SEC Yield --
7-Day SEC Yield (11-25-20) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 12.79
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of July 31, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of July 31, 2020

Asset Allocation

As of July 31, 2020.
Type % Net % Long % Short
Cash 5.02% Upgrade Upgrade
Stock 94.32% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.66% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Brookfield Asset Management Inc Class A 6.41% 54.36 2.47%
Prologis Inc 5.57% 98.66 1.61%
Five Point Holdings LLC A 5.08% 5.69 1.61%
Berkeley Group Holdings (The) PLC
5.05% -- --
CK Asset Holdings Ltd
4.86% -- --
Segro PLC
4.81% -- --
JBG SMITH Properties 4.52% 32.65 2.29%
Weyerhaeuser Co 4.45% 30.72 4.17%
Rayonier Inc 4.41% 29.29 1.98%
Derwent London PLC
3.84% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee Upgrade
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks long-term capital appreciation. The fund seeks to achieve its objective primarily by investing in equity securities, including common stocks and convertible securities, of well-financed real estate and real estate-related companies, or in companies which own significant real estate assets or derive a significant portion of gross revenues or net profits from real estate-related companies at the time of investment. Under normal circumstances, at least 80% of the fund's net assets (plus the amount of any borrowing for investment purposes) will be invested in securities of real estate and real estate-related companies.
General
Security Type Mutual Fund
Oldest Share Symbol TAREX
Equity Style Mid Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Global Real Estate
Category Index S&P Global REIT TR USD
Prospectus Objective Specialty - Real Estate
Fund Owner Firm Name Third Avenue
Prospectus Benchmark Index
FTSE EPRA Nareit Developed TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Jason Wolf 10.14 yrs
Ryan Dobratz 7.84 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (12-4-20) 1.60%
30-Day SEC Yield --
7-Day SEC Yield (11-25-20) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 12.79
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of July 31, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of July 31, 2020

Fund Details

Key Dates
Inception Date 3/1/2018
Last Annual Report Date 10/31/2019
Last Prospectus Date 3/1/2020
Share Classes
TAREX Inst
TVRVX Inv
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No