Third Avenue is trading at 26.29 as of the 25th of November 2024; that is 2.62 percent up since the beginning of the trading day. The fund's open price was 25.62. Third Avenue has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Third Avenue Real are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund seeks to achieve its objective primarily by investing in equity securities, including common stocks and convertible securities, of well-financed real estate and real estate-related companies, or in companies which own significant real estate assets or derive a significant portion of gross revenues or net profits from real estate-related companies at the time of investment. More on Third Avenue Real
Third Avenue Real [TAREX] is traded in USA and was established 25th of November 2024. Third Avenue is listed under Third Avenue category by Fama And French industry classification. The fund is listed under Global Real Estate category and is part of Third Avenue family. This fund at this time has accumulated 303.9 M in assets with minimum initial investment of 10 K. Third Avenue Real is currently producing year-to-date (YTD) return of 16.55% with the current yeild of 0.01%, while the total return for the last 3 years was 3.12%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Third Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Third Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Third Avenue Real Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in Third Mutual Fund
Third Avenue financial ratios help investors to determine whether Third Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Third with respect to the benefits of owning Third Avenue security.