Third Avenue Real Estate Value Fund (TVRVX)
Third Avenue Real Estate Value Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $21.55, down 0.09% on the session, giving a market capitalisation of $353.3M. Its beta of 1.16 implies it has historically moved more than the broad market.
The fund primarily aims to achieve its objective by investing in equity securities, including common stocks and convertible instruments. These target well-capitalized companies in the real estate sector, firms linked to real estate, businesses holding substantial real estate assets, or those that, at the time of purchase, derive a significant portion of their revenue or profit from real estate-related activities. Ordinarily, a minimum of 80% of the fund's net assets (plus any borrowed capital for investment) will be allocated to securities of real estate and real estate-related companies.
Third Avenue Real Estate Value Fund is most often compared with the following Financial Services names: