The flexibility to invest across the capital structure gives Third Avenue Real Estate Value an edge compared with peers. The strategy’s time-tested process and experienced comanagers inspire confidence, resulting in a retained Morningstar Analyst Rating of Bronze across all share classes.
Will TAREX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TAREX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TAREX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TAREX’s parent organization’s priorities and whether they’re in line with investors’ interests.