A flexible and opportunistic mandate differentiates Third Avenue Real Estate Value versus its peers. Concerns about its parent remain, but the strategy's time-tested approach and experienced comanagers support a Morningstar Analyst Rating of Bronze across all share classes.
Will TVRVX 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 TVRVX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TVRVX 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 TVRVX’s parent organization’s priorities and whether they’re in line with investors’ interests.