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Morningstar

Third Avenue Real Estate Value Investor TVRVX

Morningstar Analyst Rating
Analyst rating as of | See Third Avenue Investment Hub
  • NAV / 1-Day Return 21.08  /  2.53 %
  • Total Assets 324.0 Mil
  • Adj. Expense Ratio
    1.400%
  • Expense Ratio 1.400%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Global Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.57%
  • Turnover 12%

USD | NAV as of Feb 02, 2023 | 1-Day Return as of Feb 02, 2023, 11:21 PM GMT+00:00

Morningstar’s Analysis TVRVX

Will TVRVX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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.

People Pillar

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.

Parent Pillar

The Parent Pillar is our rating of TVRVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A unique approach to global real estate investing.

Associate Director

Summary

| by Adam Millson

Third Avenue Real Estate Value benefits from its veteran management team that is steeped in the firm’s contrarian, value-oriented investment philosophy. The managers’ experience and consistent execution of this unique global real estate mandate underpins the strategy’s Morningstar Analyst Rating of Bronze across all share classes.

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