Third Avenue Real Estate Value Investor Fund TVRVX seeks growth of capital for the long run. TVRVX invests heavily in common stocks and convertible securities of real-estate companies or those companies which generate major parts of the profits from real-estate sector. TVRVX may invest in companies from different market-cap range.
This Sector - Real Estate product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 5.1% and 5 year 8.8%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
TVRVX’s performance, as of the last filing, when compared to funds in its category was in the top 3% over the past 1 year and in the top 17% over the past 5 years.
The Third Avenue Real Estate Value Investor fund, as of the last filing, allocates their fund in top two major groups; Large Value and Foreign Stock. Further, as of the last filing, Lennar Corp (NYSE:LEN), Land Securities Group and Weyerhaeuser Co were the top holdings for TVRVX.
This Zacks Rank #1 (Strong Buy) was incepted in December 2009 and is managed by Third Avenue. TVRVX carries an expense ratio of 1.38% and requires a minimal initial investment of $2,500.
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