REIFX: Third Avenue International Real Estate Value Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$14.06

-

3.17%

$0.45

1.19%

Vitals

YTD Return

17.8%

1 yr return

33.0%

3 Yr Avg Return

11.5%

5 Yr Avg Return

11.9%

Net Assets

$48.3 M

Holdings in Top 10

52.2%

52 WEEK LOW AND HIGH

$14.11
$10.35
$14.35

Expenses

OPERATING FEES

Expense Ratio 1.19%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 46.94%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$10,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Global Real Estate


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$14.06

-

3.17%

$0.45

1.19%

REIFX - Profile

Distributions

  • YTD Total Return 17.8%
  • 3 Yr Annualized Total Return 11.5%
  • 5 Yr Annualized Total Return 11.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.17%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Third Avenue International Real Estate Value Fund
  • Fund Family Name
    Third Avenue
  • Inception Date
    May 08, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Quentin Vellely

Fund Description

Under normal conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of companies principally engaged in the real estate industry outside of the United States.


REIFX - Performance

Return Ranking - Trailing

Period REIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.8% 2.0% 24.3% 63.46%
1 Yr 33.0% 11.7% 42.3% 39.13%
3 Yr 11.5%* 0.7% 18.6% 27.94%
5 Yr 11.9%* 1.9% 11.9% 1.01%
10 Yr N/A* 2.3% 10.7% N/A

* Annualized

Return Ranking - Calendar

Period REIFX Return Category Return Low Category Return High Rank in Category (%)
2020 1.2% -20.7% 13.7% 6.83%
2019 19.8% 1.0% 26.5% 21.18%
2018 -16.0% -27.7% 73.0% 90.81%
2017 23.6% -6.3% 29.0% 1.14%
2016 -1.8% -31.0% 42.6% 45.12%

Total Return Ranking - Trailing

Period REIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.8% 2.3% 24.3% 63.46%
1 Yr 33.0% 6.5% 42.3% 31.07%
3 Yr 11.5%* 0.7% 18.6% 23.90%
5 Yr 11.9%* 1.6% 11.9% 1.01%
10 Yr N/A* 1.7% 10.7% N/A

* Annualized

Total Return Ranking - Calendar

Period REIFX Return Category Return Low Category Return High Rank in Category (%)
2020 1.2% -20.7% 13.7% 6.83%
2019 19.8% 1.0% 26.5% 21.18%
2018 -16.0% -27.7% 76.6% 97.30%
2017 23.6% 1.3% 29.0% 4.57%
2016 -1.8% -27.8% 49.1% 79.88%

NAV & Total Return History


REIFX - Holdings

Concentration Analysis

REIFX Category Low Category High REIFX % Rank
Net Assets 48.3 M 4.22 M 10.5 B 86.54%
Number of Holdings 23 5 706 99.52%
Net Assets in Top 10 21.4 M 3.51 K 6.8 B 81.90%
Weighting of Top 10 52.21% 16.2% 85.8% 4.78%

Top 10 Holdings

  1. National Storage REIT 7.15%
  2. National Storage REIT 7.15%
  3. National Storage REIT 7.15%
  4. National Storage REIT 7.15%
  5. National Storage REIT 7.15%
  6. National Storage REIT 7.15%
  7. National Storage REIT 7.15%
  8. National Storage REIT 7.15%
  9. National Storage REIT 7.15%
  10. National Storage REIT 7.15%

Asset Allocation

Weighting Return Low Return High REIFX % Rank
Stocks
95.17% 13.60% 114.42% 88.57%
Cash
4.83% -8.20% 10.46% 5.24%
Preferred Stocks
0.00% 0.00% 36.90% 46.67%
Other
0.00% -24.73% 78.71% 77.14%
Convertible Bonds
0.00% 0.00% 0.39% 43.81%
Bonds
0.00% -15.73% 13.63% 43.33%

REIFX - Expenses

Operational Fees

REIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.19% 0.01% 2.93% 46.23%
Management Fee 1.00% 0.09% 1.50% 90.57%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.26% 73.27%

Sales Fees

REIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

REIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.00% 2.00% 30.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

REIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.94% 0.00% 313.00% 28.64%

REIFX - Distributions

Dividend Yield Analysis

REIFX Category Low Category High REIFX % Rank
Dividend Yield 3.17% 0.00% 0.98% 45.79%

Dividend Distribution Analysis

REIFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

REIFX Category Low Category High REIFX % Rank
Net Income Ratio 1.17% 0.23% 6.44% 78.16%

Capital Gain Distribution Analysis

REIFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

REIFX - Fund Manager Analysis

Managers

Quentin Vellely


Start Date

Tenure

Tenure Rank

May 08, 2014

7.32

7.3%

Mr. Velleley is Portfolio Manager of Third Avenue’s International Real Estate Value Fund, which he has led since the fund’s inception in May 2014. In November 2020 Mr Velleley joined Third Avenue, along with the fund’s transfer from REMS Group, where he was Chief Investment Officer. Mr. Velleley has more than 20 years of experience in global real estate analysis, and prior to joining REMS he was a Director at Citi Global Markets where his role included covering US retail and healthcare REITs, and coordinating products for Citi’s global listed real estate research. At Citi, Mr. Velleley was previously the Head of Australian Property Research. Prior to that, he was a Manager in Real Estate Corporate Finance for a top 4 accounting firm. Mr. Velleley is a CFA Charterholder and graduated from The University of Melbourne with a Bachelor of Arts degree, and from RMIT University with a Bachelor of Business degree.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 19.68 7.36 13.93