Third Avenue International Real Estate Value Fund Founders Shares NMFQS:REIFX

Global Real Estate | Third Avenue

$14.68

↑ $0.05 (0.34%)

Last Updated: Feb 17, 2026

Fund Information

Fund Category Global Real Estate

Fund Family Third Avenue

Fund Style Large

ISIN US8841168235

CUSIP 98147A527

Inception Date 2014-05-08

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $38.99 Million

Share Class Net Assets $10.45 Million

Expense Ratio 1.01%

Expense Ratio Date 2020-05-01

Dividend Yield 0.02%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 5.31%

1-Year Return 32.10%

3-Year Return 9.77%

5-Year Return 6.98%

NAV $14.68

Previous Close Price $14.63

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.02%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Third Avenue International Real Estate Value Fund Founders Shares

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.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 3201.52%

Giant 4.16%

Large 12.70%

Medium 51.31%

Micro 5.33%

Small 19.75%

Value & Growth Metrics

Book-Value Growth % 1.76%

Cash-Flow Growth % 6.79%

Dividend Yield % 3.72%

Historical Earnings % -12.81%

Long-Term Earnings % 11.54%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.05%	0.00%
Cash	6.66%	6.74%	0.08%	1.29%	0.00%
Non US Stock	93.34%	93.37%	0.03%	43.99%	42.81%
Not Classified	0.00%	0.00%	0.00%	0.18%	0.00%
Other	0.00%	0.00%	0.00%	0.76%	0.65%
US Stock	0.00%	0.00%	0.00%	54.58%	56.54%

Top Holdings

Name	Weight	Owned	Change
Glenveagh Properties PLC	4.42%	-	-
ESR Group Ltd	6.06%	-	-
CTP NV	4.27%	-	-
Ingenia Communities Group	4.64%	-	-
Tosei Corp	4.27%	-	-
National Storage REIT	4.58%	-	-
Big Yellow Group PLC	4.92%	-	-
Corp Inmobiliaria Vesta SAB de CV	4.51%	-	-
StorageVault Canada Inc	4.93%	-	-
Nomura Real Estate Holdings Inc	4.37%	-	-
TAG Immobilien AG	4.31%	-	-
Dreyfus Treasury Securities Cash Management	5.85%	-	-
Lendlease Corp Ltd	4.37%	-	-

See the full breakdown of REIFX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	80.24%	7.73%	0.00%
Bond Sector	Corporate	0.00%	17.00%	91.11%	0.00%
Bond Sector	Derivative	0.00%	0.00%	1.15%	0.00%
Bond Sector	Government	0.00%	0.20%	0.00%	0.00%
Bond Sector	Municipal	0.00%	0.00%	0.00%	0.00%
Bond Sector	Securitized	0.00%	2.56%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	10.96%	0.42%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.16%	0.00%	0.00%
Cyclical	Real Estate	85.93%	98.88%	0.00%	100.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.06%	0.00%	0.00%
Defensive	Utilities	0.00%	0.02%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.05%	0.00%	0.00%
Sensitive	Industrials	3.11%	0.13%	0.00%	0.00%
Sensitive	Technology	0.00%	0.25%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.56%	8.00%	1.10%
Americas	North America	57.43%	5.76%	58.40%
Greater Asia	Asia Developed	6.79%	21.98%	6.02%
Greater Asia	Asia Emerging	1.12%	4.04%	4.84%
Greater Asia	Australasia	8.33%	15.17%	4.98%
Greater Asia	Japan	10.47%	8.65%	9.91%
Greater Europe	Africa/Middle East	1.15%	-	4.55%
Greater Europe	Europe Developed	9.54%	21.37%	8.08%
Greater Europe	Europe Emerging	0.18%	-	0.29%
Greater Europe	United Kingdom	4.42%	15.03%	1.84%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-11	$0.270	$0.270	USD	-	-	-	-
2023-12-13	$0.324	$0.324	USD	-	2023-12-12	2023-12-13	Annual
2022-12-14	$0.220	$0.220	USD	2022-12-14	2022-12-13	2022-12-14	Annual
2021-12-15	$0.307	$0.307	USD	-	2021-12-14	2021-12-15	Annual
2020-12-29	$0.447	$0.447	USD	2020-12-29	2020-12-28	2020-12-29	Annual
2018-12-27	$0.226	$0.226	USD	2018-12-27	2018-12-26	2018-12-27	Other
2017-12-27	$0.209	$0.209	USD	2017-12-27	2017-12-26	2017-12-27	Other
2016-12-09	$0.085	$0.085	USD	2016-12-09	2016-12-08	2016-12-09	Annual
2015-12-29	$0.148	$0.148	USD	2015-12-29	2015-12-28	2015-12-29	Other
2014-12-29	$0.037	$0.037	USD	-	-	-	-

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