Third Avenue Real Estate Value Insti Cl
622 Third Avenue32nd FloorNew York NY 10017
Map
Phone: 800-443-1021
| Category: | Global Real Estate | | Fund Family: | Third Avenue | | Net Assets: | 1.46B | | Year-to-Date Return: | -2.56% | | Yield: | 1.30% | | Morningstar Rating: |  | | Fund Inception Date: | 17-Sep-1998 |
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Michael Winer
Lead Manager since
17-Sep-1998 | | | Winer is a portfolio manager for Third Avenue. Winer serves as a director of Tejon Ranch Company. Previously, he was a vice president for Cantor Fitzgerald, L.P. Winer was a first vice president of Society for Savings, a Connecticut savings bank, and director of asset management for Pioneer Mortgage, where he directed the workout, collection and liquidation of distressed real estate loan and asset portfolios. Winer holds the Certified Public Accountant designation. |
| Min Initial Investment: | $100,000 | | Min Initial Investment, IRA: | $100,000 | | Min Initial Investment, AIP: | $100,000 | | Min Subsequent Investment: | $1,000 | | Min Subsequent Investment, IRA: | $200 | | Min Subsequent Investment, AIP: | $200 |
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| The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of assets in equity and debt securities of companies in the real estate industry. Management seeks to acquire securities of well-financed companies at a substantial discount to the estimate of the issuing company's private market value or liquidation value. The fund is nondiversified. |
| Last Dividend
(22-Dec-09):
| 0.26 | | Last Cap Gain
(19-Dec-07):
| 3.25 | | Annual Holdings Turnover
(18-Mar-10):
| 24.00% | | Average for Category:
| 73.87% |
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| Expense | TAREX | Category
Avg | | Total Expense Ratio: | 1.18%
| 1.58% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 5.00% | | Max Deferred Sales Load: | %
| 2.06% | | 3 Yr Expense Projection*: |
$ 365 | $78 | | 5 Yr Expense Projection*: |
$ 632 | $126 | | 10 Yr Expense Projection*: |
$ 1,398 | $254 |
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0.35% Nasdaq 0.00%
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