| Investor Class | | | (Ticker Symbol: VLEOX) | |
| Institutional Class | | | (Ticker Symbol: VLEIX) | |
| Investor Class | | | (Ticker Symbol: VLIFX) | |
| Institutional Class | | | (Ticker Symbol: VLMIX) | |
| Investor Class | | | (Ticker
Symbol: |
|
| Institutional Class | | | (Ticker
Symbol: |
|
| Investor Class | | | (Ticker Symbol: VALLX) | |
| Institutional Class | | | (Ticker Symbol: VLLIX) | |
| Investor Class | | | (Ticker Symbol: VLAAX) | |
| Institutional Class | | | (Ticker Symbol: VLAIX) | |
| Investor Class | | | (Ticker Symbol: VALIX) | |
| Institutional Class | | | (Ticker Symbol: VLIIX) | |
| Investor Class | | | (Ticker Symbol: VAGIX) | |
| | |
Investor Class |
| |
Institutional Class |
| ||||||
Management Fees | | | | | 0.74% | | | | | | 0.74% | | |
Distribution and Services (12b-1) Fees | | | | | 0.25% | | | | | | 0.00% | | |
Other Expenses | | | | | 0.19% | | | | | | 0.24% | | |
Total Annual Fund Operating Expenses | | | | | 1.18% | | | | | | 0.98% | | |
| | |
1 year |
| |
3 years |
| |
5 years |
| |
10 years |
| |||||||||
Investor Class | | |
$120 |
| | | $ | 375 | | | | | $ | 649 | | | | | $ | 1,432 | | |
Institutional Class | | |
$100 |
| | | $ | 312 | | | | | $ | 542 | | | | | $ | 1,201 | | |
Best
Quarter: |
Q4
2020 |
+23.00% |
Worst
Quarter: |
Q1
2020 |
–19.40% |
| | |
1 year |
| |
5 years |
| |
10 years |
| |
Since Inception 11/1/2015(1) |
| ||||||||||||
Investor Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 22.00% | | | | | | 12.49% | | | | | | 9.61% | | | | | | | | |
Return
after taxes on distributions |
| | | | 21.76% | | | | | | 10.55% | | | | | | 7.59% | | | | | | | | |
Return
after taxes on distributions and sale of Fund shares(2) |
| | | | 13.19% | | | | | | 9.67% | | | | | | 7.30% | | | | | | | | |
Institutional Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 22.29% | | | | | | 12.77% | | | | | | | | | | | | 10.63% | | |
Russell 2000 Index (Reflects no deduction for fees, expenses or taxes) |
| | | | 16.93% | | | | | | 9.97% | | | | | | 7.16% | | | | | | 8.54% | | |
| | |
Investor Class |
| |
Institutional Class |
| ||||||
Management Fees | | | | | 0.65% | | | | | | 0.65% | | |
Distribution and Service (12b-1) Fees | | | | | 0.25% | | | | | | 0.00% | | |
Other Expenses | | | | | 0.18% | | | | | | 0.22% | | |
Total Annual Fund Operating Expenses | | | | | 1.08% | | | | | | 0.87% | | |
| | |
1 year |
| |
3 years |
| |
5 years |
| |
10 years |
| ||||||||||||
Investor Class | | | | $ | 110 | | | | | $ | 343 | | | | | $ | 595 | | | | | $ | 1,317 | | |
Institutional Class | | | | $ | 89 | | | | | $ | 278 | | | | | $ | 482 | | | | | $ | 1,073 | | |
Best
Quarter: |
Q1
2019 |
+17.58% |
Worst
Quarter: |
Q1
2020 |
–16.75% |
| | |
1 year |
| |
5 years |
| |
10 years |
| |
Since Inception 8/14/2017(1) |
| ||||||||||||
Investor Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 22.11% | | | | | | 16.53% | | | | | | 12.76% | | | | | | | | |
Return
after taxes on distributions |
| | | | 22.10% | | | | | | 15.23% | | | | | | 11.90% | | | | | | | | |
Return
after taxes on distributions and sale of Fund shares |
| | | | 13.09% | | | | | | 13.19% | | | | | | 10.50% | | | | | | | | |
Institutional Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 22.38% | | | | | | 16.83% | | | | | | | | | | | | 15.01% | | |
S&P
500®
Index (reflects no deduction for fees, expenses or taxes) |
| | | | 26.29% | | | | | | 15.69% | | | | | | 12.03% | | | | | | 13.04% | | |
S&P MidCap 400® Index (reflects no deduction for fees, expenses or taxes) |
| | | | 16.44% | | | | | | 12.62% | | | | | | 9.27% | | | | | | 9.65% | | |
| | |
Investor Class |
| |
Institutional Class |
| ||||||
Management Fees | | | | | | | | | | | | ||
Distribution and Service (12b-1) Fees | | | | | | | | | | | | ||
Other Expenses | | | | | | | | | | | | ||
Total Annual Fund Operating Expenses | | | | | | | | | | | | ||
Fee Waiver and Expense Reimbursement | | | | | | | | | | − |
| | |
Total Annual Fund
Operating Expenses after Fee Waiver and Expense Reimbursement |
| | | | | | | | | | |
| | |
1 year |
| |
3 years |
| |
5 years |
| |
10 years |
| ||||||||||||
Investor Class | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Institutional Class | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
+ |
– |
Investor Class |
| |
1 year |
| |
5 years |
| |
10 years |
| |
Since Inception |
| ||||||||||||
Return before taxes |
| | | | | | | | | | | | | | | | | | | | | | |||
Return
after taxes on distributions |
| | | | | | | | | | | | | | | | | | | | | | |||
Return
after taxes on distributions and sale of Fund shares |
| | | | | | | | | | | | | | | | | | | | | | |||
Institutional Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | | | | | | | | | | | | | | | | | | | | ||
S&P 500®
Index for fees, expenses or taxes) |
| | | | | | | | | | | | | | | | | | | | |
| | |
Investor Class |
| |
Institutional Class |
| ||||||
Management Fees | | | | | 0.72% | | | | | | 0.72% | | |
Distribution and Service (12b-1) Fees | | | | | 0.25% | | | | | | 0.00% | | |
Other Expenses | | | | | 0.19% | | | | | | 0.73% | | |
Total Annual Fund Operating Expenses | | | | | 1.16% | | | | | | 1.45% | | |
Fee Waivers and Expense Reimbursement(1) | | | | | –0.01% | | | | | | –0.55% | | |
Total Annual Fund
Operating Expenses after Fee Waivers and Expense Reimbursement |
| | | | 1.15% | | | | | | 0.90% | | |
| | |
1 year |
| |
3 years |
| |
5 years |
| |
10 years |
| ||||||||||||
Investor Class | | | | $ | 117 | | | | | $ | 365 | | | | | $ | 633 | | | | | $ | 1,398 | | |
Institutional Class | | | | $ | 92 | | | | | $ | 287 | | | | | $ | 498 | | | | | $ | 1,108 | | |
Best
Quarter: |
Q2
2020 |
+39.25% |
Worst
Quarter: |
Q2
2022 |
–28.69% |
Investor Class |
| |
1 year |
| |
5 years |
| |
10 years |
| |
Since Inception 11/1/2015(1) |
| ||||||||||||
Return before taxes |
| | | | 59.06% | | | | | | 12.87% | | | | | | 11.89% | | | | | | | | |
Return
after taxes on distributions |
| | | | 59.52% | | | | | | 10.50% | | | | | | 9.32% | | | | | | | | |
Return
after taxes on distributions and sale of Fund shares |
| | | | 34.96% | | | | | | 9.94% | | | | | | 9.05% | | | | | | | | |
Institutional Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 59.52% | | | | | | 13.14% | | | | | | | | | | | | 11.95% | | |
S&P 500®
Index (reflects no deduction for fees, expenses or taxes) |
| | | | 26.29% | | | | | | 15.69% | | | | | | 12.03% | | | | | | 12.77% | | |
Russell 1000 Growth Index (reflects no
deduction for fees, expenses or taxes) |
| | | | 42.68% | | | | | | 19.50% | | | | | | 14.86% | | | | | | 15.77% | | |
| | |
Investor Class |
| |
Institutional Class |
| ||||||
Management Fees | | | | | 0.64% | | | | | | 0.64% | | |
Distribution and Service (12b-1) Fees | | | | | 0.25% | | | | | | 0.00% | | |
Other Expenses | | | | | 0.17% | | | | | | 0.18% | | |
Total Annual Fund Operating Expenses | | | | | 1.06% | | | | | | 0.82% | | |
| | |
1 year |
| |
3 years |
| |
5 years |
| |
10 years |
| ||||||||||||
Investor Class | | | | $ | 108 | | | | | $ | 337 | | | | | $ | 585 | | | | | $ | 1,294 | | |
Institutional Class | | | | $ | 84 | | | | | $ | 262 | | | | | $ | 455 | | | | | $ | 1,014 | | |
Best
Quarter: |
Q2
2020 |
+13.97% |
Worst
Quarter: |
Q1
2022 |
–11.05% |
| | |
1 year |
| |
5 years |
| |
10 years |
| |
Since Inception 11/1/2015(1) |
| ||||||||||||
Investor Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 21.39% | | | | | | 10.60% | | | | | | 8.30% | | | | | | | | |
Return
after taxes on distributions |
| | | | 18.70% | | | | | | 9.37% | | | | | | 7.32% | | | | | | | | |
Return
after taxes on distribution and sale of Fund shares(2) |
| | | | 14.43% | | | | | | 8.34% | | | | | | 6.60% | | | | | | | | |
Institutional Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 21.68% | | | | | | 10.87% | | | | | | | | | | | | 9.27% | | |
S&P 500®
Index (reflects no deduction
for fees, expenses or taxes) |
| | | | 26.29% | | | | | | 15.69% | | | | | | 12.03% | | | | | | 12.77% | | |
60/40
S&P 500®
Index/Bloomberg US Aggregate Bond Index(3)(reflects no deduction for fees, expenses or
taxes) |
| | | | 17.98% | | | | | | 9.85% | | | | | | 7.94% | | | | | | 8.20% | | |
| | |
Investor Class |
| |
Institutional Class |
| ||||||
Management Fees | | | | | 0.64% | | | | | | 0.64% | | |
Distribution and Service (12b-1) Fees | | | | | 0.25% | | | | | | 0.00% | | |
Other Expenses | | | | | 0.21% | | | | | | 0.25% | | |
Total Annual Fund Operating Expenses | | | | | 1.10% | | | | | | 0.89% | | |
Fee Waiver and Expense Reimbursement | | | | | 0.00% | | | | | | –0.04%(1) | | |
Total Annual Fund
Operating Expenses after Fee Waiver and Expense Reimbursement |
| | | | 1.10% | | | | | | 0.85% | | |
| | |
1 year |
| |
3 years |
| |
5 years |
| |
10 years |
| ||||||||||||
Investor Class | | | | $ | 112 | | | | | $ | 350 | | | | | $ | 606 | | | | | $ | 1,340 | | |
Institutional Class | | | | $ | 87 | | | | | $ | 280 | | | | | $ | 489 | | | | | $ | 1,092 | | |
Best
Quarter: |
Q2
2020 |
+31.59% |
Worst
Quarter: |
Q2
2022 |
–22.15% |
| | |
1 year |
| |
5 years |
| |
10 years |
| |
Since Inception 11/2/2015(1) |
| ||||||||||||
Investor Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 34.44% | | | | | | 11.07% | | | | | | 8.67% | | | | | | | | |
Return
after taxes on distributions |
| | | | 34.15% | | | | | | 9.19% | | | | | | 6.72% | | | | | | | | |
Return
after taxes on distributions and sale of Fund shares |
| | | | 20.51% | | | | | | 8.59% | | | | | | 6.56% | | | | | | | | |
Institutional Class | | | | | | | | | | | | | | | | | | | | | | | | | |
Return before taxes |
| | | | 34.91% | | | | | | 11.38% | | | | | | | | | | | | 9.31% | | |
S&P 500® Index (reflects no deduction for fees, expenses or taxes) |
| | | | 26.29% | | | | | | 15.69% | | | | | | 12.03% | | | | | | 12.77% | | |
60/40
S&P 500®
Index/ Bloomberg US Aggregate Bond Index (reflects no deduction for fees, expenses or taxes)(2) |
| | | | 17.98% | | | | | | 9.85% | | | | | | 7.94% | | | | | | 8.20% | | |
| | |
Investor Class |
| |||
Management Fees | | | | | 0.31% | | |
Distribution and Service (12b-1) Fees | | | | | 0.25% | | |
Other Expenses | | | | | 0.72% | | |
Total Annual Fund Operating Expenses | | | | | 1.28% | | |
Fee Waiver and Expense Reimbursement(*) | | | | | –0.48% | | |
Net Total Annual Fund
Operating Expenses After Fee Waiver and Expense Reimbursement(*) |
| | | | 0.80% | | |
| | |
1 year |
| |
3 years |
| |
5 years |
| |
10 years |
| ||||||||||||
Investor Class | | | | $ | 82 | | | | | $ | 358 | | | | | $ | 656 | | | | | $ | 1,503 | | |
Best
Quarter: |
Q2
2020 |
+3.76% |
Worst
Quarter: |
Q1
2022 |
-5.69% |
Investor Class |
| |
1 year |
| |
5 years |
| |
10 years |
| |||||||||
Return before taxes |
| | | | 4.72% | | | | | | 0.55% | | | | | | 1.17% | | |
Return after taxes on distributions
|
| | | | 3.44% | | | | | | -0.36% | | | | | | 0.28% | | |
Return
after taxes on distributions and sale of Fund shares |
| | | | 2.77% | | | | | | 0.08% | | | | | | 0.53% | | |
Bloomberg US Aggregate Bond Index(1) (reflects no deduction for
fees, expenses or taxes) |
| | | | 5.53% | | | | | | 1.10% | | | | | | 1.81% | | |
| Value Line Small Cap Opportunities Fund | | | 0.74% | |
| Value Line Mid Cap Focused Fund | | | 0.65% | |
| Value Line Select Growth Fund | | | 0.73% | |
|
Value Line Larger Companies Focused Fund
|
| | 0.72% | |
| Value Line Asset Allocation Fund | | | 0.64% | |
| Value Line Capital Appreciation Fund | | | 0.64% | |
| Value Line Core Bond Fund | | | 0.31% | |
Fund |
| |
Portfolio Manager
|
| |
Additional
Information |
|
Value Line Small Cap Opportunities Fund | | | Stephen
E. Grant Mitchell E. Appel |
| |
Stephen E. Grant has primary
responsibility for the day-to-day management of the Fund’s portfolio and
has been the Fund’s portfolio manager since 1998. Mitchell E. Appel has
served as a portfolio manager for the Fund since 2024. |
|
Value Line Mid Cap Focused Fund | | | Stephen
E. Grant Mitchell E. Appel |
| |
Stephen E. Grant has primary
responsibility for the day-to-day management of the Fund’s portfolio and
has been the Fund’s portfolio manager since 2009. Mitchell E. Appel has
served as a portfolio manager for the Fund since 2024. |
|
Value Line Select Growth Fund | | | Stephen
E. Grant Mitchell E. Appel |
| |
Stephen E. Grant has primary
responsibility for the day-to-day management of the Fund’s portfolio and
has been the Fund’s portfolio manager since 1996. Mitchell E. Appel has
served as a portfolio manager for the Fund since 2024. |
|
Value Line Larger Companies Focused Fund | | | Cindy
Starke Mitchell E. Appel |
| |
Cindy Starke has primary responsibility
for the day-to-day management of the Fund’s portfolio and has been the
Fund’s portfolio manager since 2014. Mitchell E. Appel has served as a
portfolio manager for the Fund since 2024. |
|
Value Line Asset Allocation Fund | | | Stephen
E. Grant Liane Rosenberg Ronald Deonarain Mitchell E. Appel |
| |
Stephen E. Grant has primary
responsibility for the day-to-day management of the Fund’s equity
portfolio and its asset allocation. Liane Rosenberg and Ronald Deonarain
have primary responsibility for the day-to-day management of the fixed
income portion of the Fund’s portfolio. Mr. Grant has been the Fund’s
portfolio manager since 1993. Ms. Rosenberg has been one of the Fund’s
portfolio managers since 2012. Mr. Deonarain has been one of the Fund’s
portfolio managers since 2023. Mitchell E. Appel has served as a portfolio
manager for the Fund since 2024. |
|
Fund |
| |
Portfolio Manager
|
| |
Additional
Information |
|
Value Line Capital Appreciation Fund | | | Cindy
Starke Liane Rosenberg Ronald Deonarain Mitchell E. Appel |
| |
Cindy Starke has primary responsibility
for the day-to-day management of the Fund’s equity portfolio and
allocation of the Fund’s assets and has been a portfolio manager of the
Fund since 2014. Liane Rosenberg and Ronald Deonarain have primary
responsibility for the day-to-day management of the fixed income portion
of the Fund’s portfolio Ms. Rosenberg has been a portfolio manager of the
Fund since 2011. Mr. Deonarain has been one of the Fund’s portfolio
managers since 2023. Mitchell E. Appel has served as a portfolio manager
for the Fund since 2024. |
|
Value Line Core Bond Fund | | | Liane
Rosenberg Ronald Deonarain |
| |
Liane Rosenberg and Ronald Deonarain have
primary responsibility for the day-to-day management of the Fund’s
portfolio. Ms. Rosenberg has been one of the Fund’s portfolio managers
since 2012. Mr. Deonarain has been one of the Fund’s
portfolio managers since
2023. |
|
|
How to sell shares |
|
|
Frequent purchases and redemptions of Fund
shares |
|
|
Special services |
|
|
Dividends, distributions and taxes |
|
| | |
Value Line Small Cap Opportunities Fund,
Inc. Investor Class |
| |||||||||||||||||||||||||||||||||
| | |
Year
Ended December 31, 2023 |
| |
Period
Ended December 31, 2022* |
| |
Years Ended
March 31, |
| |||||||||||||||||||||||||||
| | |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| ||||||||||||||||||||||||
Net asset value,
beginning of year |
| | | $ | 42.99 | | | | | $ | 48.36 | | | | | $ | 53.12 | | | | | $ | 34.69 | | | | | $ | 48.31 | | | | | $ | 51.99 | | |
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss) | | | | | (0.14)(1) | | | | | | (0.03)(1) | | | | | | (0.28)(1) | | | | | | (0.22)(1) | | | | | | (0.12)(1) | | | | | | (0.02) | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 9.59 | | | | | | (4.15) | | | | | | (1.21) | | | | | | 22.68 | | | | | | (3.34) | | | | | | 3.09 | | |
Total from investment operations | | | | | 9.45 | | | | | | (4.18) | | | | | | (1.49) | | | | | | 22.46 | | | | | | (3.46) | | | | | | 3.07 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net
realized gains |
| | | | (0.43) | | | | | | (1.19) | | | | | | (3.27) | | | | | | (4.03) | | | | | | (10.16) | | | | | | (6.75) | | |
Total distributions |
| | | | (0.43) | | | | | | (1.19) | | | | | | (3.27) | | | | | | (4.03) | | | | | | (10.16) | | | | | | (6.75) | | |
Net asset value, end of year |
| | | $ | 52.01 | | | | | $ | 42.99 | | | | | $ | 48.36 | | | | | $ | 53.12 | | | | | $ | 34.69 | | | | | $ | 48.31 | | |
Total return |
| | | | 22.00% | | | | | | (8.73)%(2) | | | | | | (3.34)% | | | | | | 65.92% | | | | | | (11.25)% | | | | | | 7.80% | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net
assets, end of year (in thousands) |
| | | $ | 321,658 | | | | | $ | 275,060 | | | | | $ | 328,455 | | | | | $ | 386,766 | | | | | $ | 297,244 | | | | | $ | 400,688 | | |
Ratio of expenses to
average net assets |
| | | | 1.18% | | | | | | 1.18%(3) | | | | | | 1.16% | | | | | | 1.18% | | | | | | 1.19% | | | | | | 1.21% | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | (0.30)% | | | | | | (0.09)%(3) | | | | | | (0.52)% | | | | | | (0.48)% | | | | | | (0.25)% | | | | | | (0.24)% | | |
Portfolio turnover rate | | | | | 11% | | | | | | 4%(2) | | | | | | 3% | | | | | | 4% | | | | | | 18% | | | | | | 20% | | |
| | |
Value Line Small Cap Opportunities Fund,
Inc. Institutional Class |
| |||||||||||||||||||||||||||||||||
| | |
Year
Ended December 31, 2023 |
| |
Period
Ended December 31, 2022* |
| |
Years Ended
March 31, |
| |||||||||||||||||||||||||||
| | |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| ||||||||||||||||||||||||
Net asset value,
beginning of year |
| | | $ | 44.14 | | | | | $ | 49.52 | | | | | $ | 54.19 | | | | | $ | 35.25 | | | | | $ | 48.83 | | | | | $ | 52.34 | | |
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss) | | | | | (0.01)(1) | | | | | | 0.05(1) | | | | | | (0.14)(1) | | | | | | (0.10)(1) | | | | | | 0.00(1)(4) | | | | | | (0.02) | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 9.84 | | | | | | (4.24) | | | | | | (1.26) | | | | | | 23.07 | | | | | | (3.42) | | | | | | 3.26 | | |
Total from investment operations | | | | | 9.83 | | | | | | (4.19) | | | | | | (1.40) | | | | | | 22.97 | | | | | | (3.42) | | | | | | 3.24 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net
realized gains |
| | | | (0.43) | | | | | | (1.19) | | | | | | (3.27) | | | | | | (4.03) | | | | | | (10.16) | | | | | | (6.75) | | |
Total distributions |
| | | | (0.43) | | | | | | (1.19) | | | | | | (3.27) | | | | | | (4.03) | | | | | | (10.16) | | | | | | (6.75) | | |
Net asset value, end of year |
| | | $ | 53.54 | | | | | $ | 44.14 | | | | | $ | 49.52 | | | | | $ | 54.19 | | | | | $ | 35.25 | | | | | $ | 48.83 | | |
Total return |
| | | | 22.29% | | | | | | (8.54)%(2) | | | | | | (3.10)% | | | | | | 66.33% | | | | | | (11.03)% | | | | | | 8.09% | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net
assets, end of year (in thousands) |
| | | $ | 212,291 | | | | | $ | 93,453 | | | | | $ | 126,593 | | | | | $ | 119,237 | | | | | $ | 42,287 | | | | | $ | 48,783 | | |
Ratio of gross expenses
to average net assets |
| | | | 0.98% | | | | | | 0.99%(3) | | | | | | 0.95% | | | | | | 0.96% | | | | | | 1.00% | | | | | | 1.02% | | |
Ratio of net expenses
to average net assets |
| | | | 0.93% | | | | | | 0.93%(3) | | | | | | 0.91% | | | | | | 0.93% | | | | | | 0.94% | | | | | | 0.96% | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | (0.01)% | | | | | | 0.15%(3) | | | | | | (0.25)% | | | | | | (0.21)% | | | | | | 0.00%(4) | | | | | | 0.02% | | |
Portfolio turnover rate | | | | | 11% | | | | | | 4%(2) | | | | | | 3% | | | | | | 4% | | | | | | 18% | | | | | | 20% | | |
| | |
Value Line Mid Cap Focused Fund,
Inc. Investor Class |
| |||||||||||||||||||||||||||
| | |
Years Ended
December 31, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 26.41 | | | | | $ | 31.24 | | | | | $ | 28.29 | | | | | $ | 25.49 | | | | | $ | 19.11 | | |
Income/(loss)
from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss)(1) | | | | | 0.04 | | | | | | 0.03 | | | | | | 0.10 (2) | | | | | | (0.12) | | | | | | 0.06(3) | | |
Net
gains/(losses) on securities (both realized and unrealized) |
| | | | 5.80 | | | | | | (2.96) | | | | | | 5.42 | | | | | | 5.13 | | | | | | 6.68 | | |
Total from investment operations | | | | | 5.84 | | | | | | (2.93) | | | | | | 5.52 | | | | | | 5.01 | | | | | | 6.74 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Dividends from net investment income | | | | | (0.01) | | | | | | (0.03) | | | | | | — | | | | | | (0.02) | | | | | | (0.00)(4) | | |
Distributions from net realized gains | | | | | — | | | | | | (1.87) | | | | | | (2.57) | | | | | | (2.19) | | | | | | (0.36) | | |
Total distributions |
| | | | (0.01) | | | | | | (1.90) | | | | | | (2.57) | | | | | | (2.21) | | | | | | (0.36) | | |
Net asset value, end of year |
| | | $ | 32.24 | | | | | $ | 26.41 | | | | | $ | 31.24 | | | | | $ | 28.29 | | | | | $ | 25.49 | | |
Total return |
| | | | 22.11% | | | | | | (9.56)% | | | | | | 19.88% | | | | | | 19.96% | | | | | | 35.30% | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (in thousands) | | | | $ | 424,471 | | | | | $ | 274,371 | | | | | $ | 318,184 | | | | | $ | 332,898 | | | | | $ | 373,341 | | |
Ratio of expenses to average net assets | | | | | 1.08% | | | | | | 1.07% | | | | | | 1.07% | | | | | | 1.10% | | | | | | 1.11% | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | 0.12% | | | | | | 0.10% | | | | | | 0.33%(2) | | | | | | (0.46)% | | | | | | 0.27%(3) | | |
Portfolio turnover rate | | | | | 1% | | | | | | 13% | | | | | | 0%(5) | | | | | | 4% | | | | | | 19% | | |
| | |
Value Line Mid Cap Focused Fund,
Inc. Institutional Class |
| |||||||||||||||||||||||||||
| | |
Years Ended
December 31, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 26.60 | | | | | $ | 31.46 | | | | | $ | 28.39 | | | | | $ | 25.59 | | | | | $ | 19.17 | | |
Income/(loss) from investment
operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss)(1) | | | | | 0.12 | | | | | | 0.10 | | | | | | 0.19(2) | | | | | | (0.04) | | | | | | 0.20(3) | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 5.83 | | | | | | (2.98) | | | | | | 5.45 | | | | | | 5.14 | | | | | | 6.64 | | |
Total from investment operations | | | | | 5.95 | | | | | | (2.88) | | | | | | 5.64 | | | | | | 5.10 | | | | | | 6.84 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Dividends from net investment income | | | | | (0.07) | | | | | | (0.11) | | | | | | — | | | | | | (0.11) | | | | | | (0.06) | | |
Distributions from net realized gains | | | | | — | | | | | | (1.87) | | | | | | (2.57) | | | | | | (2.19) | | | | | | (0.36) | | |
Total distributions |
| | | | (0.07) | | | | | | (1.98) | | | | | | (2.57) | | | | | | (2.30) | | | | | | (0.42) | | |
Net asset value, end of year |
| | | $ | 32.48 | | | | | $ | 26.60 | | | | | $ | 31.46 | | | | | $ | 28.39 | | | | | $ | 25.59 | | |
Total return |
| | | | 22.38% | | | | | | (9.35)% | | | | | | 20.24% | | | | | | 20.24% | | | | | | 35.68% | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (in thousands) | | | | $ | 837,394 | | | | | $ | 253,758 | | | | | $ | 177,272 | | | | | $ | 138,967 | | | | | $ | 41,459 | | |
Ratio of gross expenses to average net assets | | | | | 0.87% | | | | | | 0.86% | | | | | | 0.86% | | | | | | 0.89% | | | | | | 1.04% | | |
Ratio of net expenses to average net assets | | | | | 0.87% | | | | | | 0.82% | | | | | | 0.82% | | | | | | 0.85% | | | | | | 0.86% | | |
Ratio
of net investment income/(loss) to average net assets |
| | | | 0.40% | | | | | | 0.35% | | | | | | 0.63%(2) | | | | | | (0.15)% | | | | | | 0.81%(3) | | |
Portfolio turnover rate | | | | | 1% | | | | | | 13% | | | | | | 0%(5) | | | | | | 4% | | | | | | 19% | | |
| | |
Value Line Select Growth Fund,
Inc. Investor Class |
| |||||||||||||||||||||||||||
| | |
Years Ended
December 31, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 28.74 | | | | | $ | 40.46 | | | | | $ | 37.49 | | | | | $ | 38.93 | | | | | $ | 30.47 | | |
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | |||||
Net investment income/(loss)(1) | | | | | 0.01 | | | | | | (0.12)(1) | | | | | | (0.25) | | | | | | (0.17) | | | | | | (0.05) | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 8.92 | | | | | | (8.11) | | | | | | 9.08 | | | | | | 8.91 | | | | | | 11.16 | | |
Total from investment operations | | | | | 8.93 | | | | | | (8.23) | | | | | | 8.83 | | | | | | 8.74 | | | | | | 11.11 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net realized gains | | | | | (3.42) | | | | | | (3.49) | | | | | | (5.86) | | | | | | (10.18) | | | | | | (2.65) | | |
Total distributions |
| | | | (3.42) | | | | | | (3.49) | | | | | | (5.86) | | | | | | (10.18) | | | | | | (2.65) | | |
Net asset value, end of year |
| | | $ | 34.25 | | | | | $ | 28.74 | | | | | $ | 40.46 | | | | | $ | 37.49 | | | | | $ | 38.93 | | |
Total return |
| | | | 31.11% | | | | | | (20.67)% | | | | | | 24.16% | | | | | | 23.12% | | | | | | 36.59% | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (in thousands) | | | | $ | 397,990 | | | | | $ | 331,514 | | | | | $ | 486,661 | | | | | $ | 451,806 | | | | | $ | 486,392 | | |
Ratio of expenses to average net assets | | | | | 1.16% | | | | | | 1.13% | | | | | | 1.13% | | | | | | 1.16% | | | | | | 1.16% | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | 0.03% | | | | | | (0.37)% | | | | | | (0.62)% | | | | | | (0.43)% | | | | | | (0.12)% | | |
Portfolio turnover rate | | | | | 14% | | | | | | 6% | | | | | | 3% | | | | | | 12% | | | | | | 17% | | |
| | |
Value Line Select Growth Fund,
Inc. Institutional Class |
| |||||||||||||||||||||
| | |
Year
Ended December 31, |
| |
Period
Ended December 31, 2020(2) |
| ||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 29.01 | | | | | $ | 40.69 | | | | | $ | 37.58 | | | | | $ | 36.44 | | |
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | |||||
Net investment income/(loss)(1) | | | | | 0.12 | | | | | | (0.04) | | | | | | (0.15) | | | | | | 0.02 | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 8.98 | | | | | | (8.15) | | | | | | 9.12 | | | | | | 11.30 | | |
Total from investment operations | | | | | 9.10 | | | | | | (8.19) | | | | | | 8.97 | | | | | | 11.32 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | |||||
Distributions from net realized gains | | | | | (3.42) | | | | | | (3.49) | | | | | | (5.86) | | | | | | (10.18) | | |
Total distributions |
| | | | (3.42) | | | | | | (3.49) | | | | | | (5.86) | | | | | | (10.18) | | |
Net asset value, end of year |
| | | $ | 34.69 | | | | | $ | 29.01 | | | | | $ | 40.69 | | | | | $ | 37.58 | | |
Total return |
| | | | 31.41% | | | | | | (20.45)% | | | | | | 24.47% | | | | | | 31.78%(3) | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | |||||
Net assets, end of year (in thousands) | | | | $ | 19,544 | | | | | $ | 10,801 | | | | | $ | 15,739 | | | | | $ | 11,963 | | |
Ratio of gross expenses
to average net assets |
| | | | 1.10% | | | | | | 1.11% | | | | | | 1.04% | | | | | | 1.96%(4) | | |
Ratio of net expenses
to average net assets |
| | | | 0.91% | | | | | | 0.88% | | | | | | 0.88% | | | | | | 0.91%(4) | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | 0.36% | | | | | | (0.12)% | | | | | | (0.37)% | | | | | | 0.08%(4) | | |
Portfolio turnover rate | | | | | 14% | | | | | | 6% | | | | | | 3% | | | | | | 12%(3) | | |
| | |
Value Line Larger Companies Focused Fund,
Inc. Investor Class |
| |||||||||||||||||||||||||||
| | |
Years Ended
December 31, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 18.49 | | | | | $ | 34.36 | | | | | $ | 38.35 | | | | | $ | 28.87 | | | | | $ | 25.34 | | |
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss)(1) | | | | | (0.15) | | | | | | (0.08) | | | | | | (0.35) | | | | | | (0.29) | | | | | | (0.23) | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 11.07 | | | | | | (13.17) | | | | | | 1.29 | | | | | | 13.42 | | | | | | 6.64 | | |
Total from investment operations | | | | | 10.92 | | | | | | (13.25) | | | | | | 0.94 | | | | | | 13.13 | | | | | | 6.41 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net realized gains | | | | | — | | | | | | (2.62) | | | | | | (4.93) | | | | | | (3.65) | | | | | | (2.88) | | |
Total distributions |
| | | | — | | | | | | (2.62) | | | | | | (4.93) | | | | | | (3.65) | | | | | | (2.88) | | |
Net asset value, end of year |
| | | $ | 29.41 | | | | | $ | 18.49 | | | | | $ | 34.36 | | | | | $ | 38.35 | | | | | $ | 28.87 | | |
Total return |
| | | | 59.06% | | | | | | (38.99)% | | | | | | 2.89% | | | | | | 45.98% | | | | | | 25.67% | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
Net assets, end of year (in thousands) | | | | $ | 304,094 | | | | | $ | 200,602 | | | | | $ | 367,681 | | | | | $ | 394,389 | | | | | $ | 291,057 | | |
Ratio of gross expenses
to average net assets |
| | | | 1.16% | | | | | | 1.14% | | | | | | 1.14% | | | | | | 1.15% | | | | | | 1.16% | | |
Ratio of net expenses
to average net assets |
| | | | 1.15% | | | | | | 1.14% | | | | | | 1.14% | | | | | | 1.15% | | | | | | 1.15% | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | (0.61)% | | | | | | (0.30)% | | | | | | (0.87)% | | | | | | (0.86)% | | | | | | (0.78)% | | |
Portfolio turnover rate | | | | | 29% | | | | | | 58% | | | | | | 27% | | | | | | 54% | | | | | | 29% | | |
| | |
Value Line Larger Companies Focused Fund,
Inc. Institutional Class |
| |||||||||||||||||||||||||||
| | |
Years Ended
December 31, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 18.80 | | | | | $ | 34.79 | | | | | $ | 38.68 | | | | | $ | 29.03 | | | | | $ | 25.41 | | |
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss)(1) | | | | | (0.09) | | | | | | (0.02) | | | | | | (0.26) | | | | | | (0.21) | | | | | | (0.15) | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 11.28 | | | | | | (13.35) | | | | | | 1.30 | | | | | | 13.51 | | | | | | 6.65 | | |
Total from investment operations | | | | | 11.19 | | | | | | (13.37) | | | | | | 1.04 | | | | | | 13.30 | | | | | | 6.50 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Distributions from net realized gains | | | | | — | | | | | | (2.62) | | | | | | (4.93) | | | | | | (3.65) | | | | | | (2.88) | | |
Total distributions |
| | | | — | | | | | | (2.62) | | | | | | (4.93) | | | | | | (3.65) | | | | | | (2.88) | | |
Net asset value, end of year |
| | | $ | 29.99 | | | | | $ | 18.80 | | | | | $ | 34.79 | | | | | $ | 38.68 | | | | | $ | 29.03 | | |
Total return |
| | | | 59.52% | | | | | | (38.85)% | | | | | | 3.12% | | | | | | 46.36% | | | | | | 25.92% | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (in thousands) | | | | $ | 10,004 | | | | | $ | 4,080 | | | | | $ | 8,730 | | | | | $ | 6,519 | | | | | $ | 2,054 | | |
Ratio of gross expenses
to average net assets |
| | | | 1.45% | | | | | | 1.25% | | | | | | 1.36% | | | | | | 1.80% | | | | | | 2.75% | | |
Ratio of net expenses
to average net assets |
| | | | 0.90% | | | | | | 0.89% | | | | | | 0.90% | | | | | | 0.90% | | | | | | 0.90% | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | (0.38)% | | | | | | (0.06)% | | | | | | (0.63)% | | | | | | (0.62)% | | | | | | (0.50)% | | |
Portfolio turnover rate | | | | | 29% | | | | | | 58% | | | | | | 27% | | | | | | 54% | | | | | | 29% | | |
| | |
Value Line Asset
Allocation Fund, Inc. Investor Class |
| | |||||||||||||||||||||||||||||||||||
| | |
Years
Ended December 31, 2023 |
| |
Period
Ended December 31, 2022* |
| |
Years Ended
March 31, |
| ||||||||||||||||||||||||||||||
| | |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| | ||||||||||||||||||||||||||
Net asset value,
beginning of year |
| | | $ | 36.87 | | | | | $ | 42.79 | | | | | $ | 43.14 | | | | | $ | 34.72 | | | | | $ | 35.07 | | | | | $ | 31.95 | | | | ||
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income/(loss) | | | | | 0.42(1) | | | | | | 0.13(1) | | | | | | 0.03(1) | | | | | | 0.00(1)(2) | | | | | | 0.20(1) | | | | | | 0.14 | | | | ||
Net
gains/(losses) on securities (both realized and unrealized) |
| | | | 7.46 | | | | | | (3.84) | | | | | | 2.59 | | | | | | 8.65 | | | | | | 0.12 | | | | | | 3.95 | | | | ||
Total from investment operations | | | | | 7.88 | | | | | | (3.71) | | | | | | 2.62 | | | | | | 8.65 | | | | | | 0.32 | | | | | | 4.09 | | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Dividends
from net investment income |
| | | | (0.44) | | | | | | (0.33) | | | | | | (0.01) | | | | | | (0.01) | | | | | | (0.16) | | | | | | (0.13) | | | | ||
Distributions from net
realized gains |
| | | | (3.59) | | | | | | (1.88) | | | | | | (2.96) | | | | | | (0.22) | | | | | | (0.51) | | | | | | (0.84) | | | | ||
Total distributions |
| | | | (4.03) | | | | | | (2.21) | | | | | | (2.97) | | | | | | (0.23) | | | | | | (0.67) | | | | | | (0.97) | | | | ||
Net asset value, end of year |
| | | $ | 40.72 | | | | | $ | 36.87 | | | | | $ | 42.79 | | | | | $ | 43.14 | | | | | $ | 34.72 | | | | | $ | 35.07 | | | | ||
Total return |
| | | | 21.39% | | | | | | (8.81)%(3) | | | | | | 5.70% | | | | | | 24.93% | | | | | | 0.75% | | | | | | 13.17% | | | | ||
Ratios/Supplemental Data: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net assets, end of year
(in thousands) |
| | | $ | 387,504 | | | | | $ | 372,165 | | | | | $ | 499,220 | | | | | $ | 621,482 | | | | | $ | 600,102 | | | | | $ | 384,222 | | | | ||
Ratio of gross expenses
to average net assets |
| | | | 1.06% | | | | | | 1.04%(4) | | | | | | 1.02% | | | | | | 1.03% | | | | | | 1.08% | | | | | | 1.12% | | | | ||
Ratio of net investment
income/(loss) to average net assets |
| | | | 1.06% | | | | | | 0.45%(4) | | | | | | 0.07% | | | | | | 0.01% | | | | | | 0.54% | | | | | | 0.46% | | | | ||
Portfolio turnover rate | | | | | 29% | | | | | | 37%(3) | | | | | | 14% | | | | | | 19% | | | | | | 16% | | | | | | 19% | | | |
| | |
Value Line Asset Allocation Fund,
Inc. Institutional Class |
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| | |
Years
Ended December 31, 2023 |
| |
Period
Ended December 31, 2022* |
| |
Years Ended
March 31, |
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| | |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
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Net asset value, beginning of year |
| | | $ | 36.93 | | | | | $ | 42.89 | | | | | $ | 43.24 | | | | | $ | 34.82 | | | | | $ | 35.16 | | | | | $ | 32.03 | | | | ||
Income/(loss)
from investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Net investment income/(loss) | | | | | 0.51(1) | | | | | | 0.20(1) | | | | | | 0.15(1) | | | | | | 0.11(1) | | | | | | 0.30(1) | | | | | | 0.19 | | | | ||
Net
gains/(losses) on securities (both realized and unrealized) |
| | | | 7.49 | | | | | | (3.85) | | | | | | 2.61 | | | | | | 8.68 | | | | | | 0.11 | | | | | | 4.00 | | | | ||
Total from investment operations | | | | | 8.00 | | | | | | (3.65) | | | | | | 2.76 | | | | | | 8.79 | | | | | | 0.41 | | | | | | 4.19 | | | | ||
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Dividends from net investment income | | | | | (0.54) | | | | | | (0.43) | | | | | | (0.15) | | | | | | (0.15) | | | | | | (0.24) | | | | | | (0.22) | | | | ||
Distributions from net realized gains | | | | | (3.59) | | | | | | (1.88) | | | | | | (2.96) | | | | | | (0.22) | | | | | | (0.51) | | | | | | (0.84) | | | | ||
Total distributions |
| | | | (4.13) | | | | | | (2.31) | | | | | | (3.11) | | | | | | (0.37) | | | | | | (0.75) | | | | | | (1.06) | | | | ||
Net asset value, end of year |
| | | $ | 40.80 | | | | | $ | 36.93 | | | | | $ | 42.89 | | | | | $ | 43.24 | | | | | $ | 34.82 | | | | | $ | 35.16 | | | | ||
Total return |
| | | | 21.68% | | | | | | (8.65)%(3) | | | | | | 5.98% | | | | | | 25.24% | | | | | | 0.99% | | | | | | 13.49% | | | | ||
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (in thousands) | | | | $ | 560,759 | | | | | $ | 575,324 | | | | | $ | 920,487 | | | | | $ | 1,165,569 | | | | | $ | 500,103 | | | | | $ | 160,075 | | | | ||
Ratio
of gross expenses to average net assets |
| | | | 0.82% | | | | | | 0.81%(4) | | | | | | 0.77% | | | | | | 0.78% | | | | | | 0.84% | | | | | | 0.88% | | | | ||
Ratio
of net expenses to average net assets |
| | | | 0.82% | | | | | | 0.80%(4) | | | | | | 0.77% | | | | | | 0.78% | | | | | | 0.83% | | | | | | 0.87% | | | | ||
Ratio of net investment
income/(loss) to average net assets |
| | | | 1.28% | | | | | | 0.68%(4) | | | | | | 0.32% | | | | | | 0.26% | | | | | | 0.80% | | | | | | 0.74% | | | | ||
Portfolio turnover rate | | | | | 29% | | | | | | 37%(3) | | | | | | 14% | | | | | | 19% | | | | | | 16% | | | | | | 19% | | | |
| | |
Value Line Capital Appreciation Fund,
Inc. Investor Class |
| |||||||||||||||||||||||||||
| | |
Years Ended
December 31, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 7.87 | | | | | $ | 12.39 | | | | | $ | 12.90 | | | | | $ | 10.25 | | | | | $ | 8.94 | | |
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss)(1) | | | | | 0.08 | | | | | | 0.04 | | | | | | (0.05) | | | | | | (0.03) | | | | | | (0.01) | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 2.63 | | | | | | (3.69) | | | | | | 0.88 | | | | | | 3.39 | | | | | | 2.32(2) | | |
Total from investment operations | | | | | 2.71 | | | | | | (3.65) | | | | | | 0.83 | | | | | | 3.36 | | | | | | 2.31 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Dividends from net investment income | | | | | (0.08) | | | | | | (0.05) | | | | | | (0.00)(3) | | | | | | — | | | | | | — | | |
Distributions from net realized gains | | | | | — | | | | | | (0.82) | | | | | | (1.34) | | | | | | (0.71) | | | | | | (1.00) | | |
Total distributions |
| | | | (0.08) | | | | | | (0.87) | | | | | | (1.34) | | | | | | (0.71) | | | | | | (1.00) | | |
Net asset value, end of year |
| | | $ | 10.50 | | | | | $ | 7.87 | | | | | $ | 12.39 | | | | | $ | 12.90 | | | | | $ | 10.25 | | |
Total return |
| | | | 34.44% | | | | | | (29.83)% | | | | | | 6.79% | | | | | | 33.03% | | | | | | 26.14% | | |
Ratios/Supplemental Data: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (in thousands) | | | | $ | 348,142 | | | | | $ | 277,895 | | | | | $ | 508,549 | | | | | $ | 560,243 | | | | | $ | 427,619 | | |
Ratio of expenses to average net assets | | | | | 1.10% | | | | | | 1.07% | | | | | | 1.05% | | | | | | 1.07% | | | | | | 1.09% | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | 0.81% | | | | | | 0.39% | | | | | | (0.35)% | | | | | | (0.28)% | | | | | | (0.08)% | | |
Portfolio turnover rate | | | | | 52% | | | | | | 56% | | | | | | 39% | | | | | | 51% | | | | | | 34% | | |
| | |
Value Line Capital
Appreciation Fund, Inc. Institutional Class |
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| | |
Years Ended
December 31, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 7.86 | | | | | $ | 12.39 | | | | | $ | 12.90 | | | | | $ | 10.22 | | | | | $ | 8.89 | | |
Income/(loss) from
investment operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss)(1) | | | | | 0.10 | | | | | | 0.06 | | | | | | (0.01) | | | | | | (0.01) | | | | | | 0.02 | | |
Net gains/(losses) on
securities (both realized and unrealized) |
| | | | 2.64 | | | | | | (3.70) | | | | | | 0.88 | | | | | | 3.40 | | | | | | 2.31(2) | | |
Total from investment operations | | | | | 2.74 | | | | | | (3.64) | | | | | | 0.87 | | | | | | 3.39 | | | | | | 2.33 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Dividends from net investment income | | | | | (0.10) | | | | | | (0.07) | | | | | | (0.04) | | | | | | — | | | | | | — | | |
Distributions from net realized gains | | | | | — | | | | | | (0.82) | | | | | | (1.34) | | | | | | (0.71) | | | | | | (1.00) | | |
Total distributions |
| | | | (0.10) | | | | | | (0.89) | | | | | | (1.38) | | | | | | (0.71) | | | | | | (1.00) | | |
Net asset value, end of year |
| | | $ | 10.50 | | | | | $ | 7.86 | | | | | $ | 12.39 | | | | | $ | 12.90 | | | | | $ | 10.22 | | |
Total return |
| | | | 34.91% | | | | | | (29.74)% | | | | | | 7.13% | | | | | | 33.42% | | | | | | 26.51% | | |
Ratios/Supplemental Data: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (in thousands) | | | | $ | 95,627 | | | | | $ | 80,814 | | | | | $ | 184,329 | | | | | $ | 121,927 | | | | | $ | 31,858 | | |
Ratio of gross expenses
to average net assets |
| | | | 0.89% | | | | | | 0.86% | | | | | | 0.86% | | | | | | 0.89% | | | | | | 0.97% | | |
Ratio of net expenses
to average net assets |
| | | | 0.85% | | | | | | 0.82% | | | | | | 0.80% | | | | | | 0.82% | | | | | | 0.84% | | |
Ratio of net investment
income/(loss) to average net assets |
| | | | 1.06% | | | | | | 0.64% | | | | | | (0.10)% | | | | | | (0.06)% | | | | | | 0.17% | | |
Portfolio turnover rate | | | | | 52% | | | | | | 56% | | | | | | 39% | | | | | | 51% | | | | | | 34% | | |
| | |
Value Line Core Bond Fund Investor Class |
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| | |
Years Ended
December 31, |
| |||||||||||||||||||||||||||
| | |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |
2019 |
| |||||||||||||||
Net asset value, beginning of year |
| | | $ | 12.98 | | | | | $ | 15.11 | | | | | $ | 15.84 | | | | | $ | 15.26 | | | | | $ | 14.40 | | |
Income/(loss) from investment operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income/(loss) | | | | | 0.39(1) | | | | | | 0.22(1) | | | | | | 0.19(1) | | | | | | 0.25(1) | | | | | | 0.36 | | |
Net
gains/(losses) on securities (both realized and unrealized) |
| | | | 0.21 | | | | | | (2.11) | | | | | | 0.53 | | | | | | 0.63 | | | | | | 0.86 | | |
Total from investment operations | | | | | 0.60 | | | | | | (1.89) | | | | | | 0.34 | | | | | | 0.88 | | | | | | 1.22 | | |
Less distributions: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Dividends from net investment income | | | | | (0.39) | | | | | | (0.24) | | | | | | (0.23) | | | | | | (0.30) | | | | | | (0.36) | | |
Distributions from net realized gains | | | | | — | | | | | | — | | | | | | (0.16) | | | | | | — | | | | | | — | | |
Total distributions |
| | | | (0.39) | | | | | | (0.24) | | | | | | (0.39) | | | | | | (0.30) | | | | | | (0.36) | | |
Net asset value, end of year |
| | | $ | 13.19 | | | | | $ | 12.98 | | | | | $ | 15.11 | | | | | $ | 15.84 | | | | | $ | 15.26 | | |
Total return |
| | | | 4.72% | | | | | | (12.58)% | | | | | | (2.18)% | | | | | | 5.77% | | | | | | 8.51% | | |
Ratios/Supplemental Data: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net assets, end of year (in thousands) | | | | $ | 37,946 | | | | | $ | 40,746 | | | | | $ | 50,267 | | | | | $ | 53,854 | | | | | $ | 53,976 | | |
Ratio of gross expenses to average net assets | | | | | 1.28% | | | | | | 1.20% | | | | | | 1.23% | | | | | | 1.19% | | | | | | 1.14% | | |
Ratio of net expenses to average net assets | | | | | 0.83% | | | | | | 0.90% | | | | | | 0.90% | | | | | | 0.90% | | | | | | 0.93% | | |
Ratio
of net investment income/(loss) to average net assets |
| | | | 3.01% | | | | | | 1.62% | | | | | | 1.25% | | | | | | 1.62% | | | | | | 2.26% | | |
Portfolio turnover rate | | | | | 50% | | | | | | 37% | | | | | | 71% | | | | | | 70% | | | | | | 39% | | |
| Online: www.vlfunds.com | |
| By mail: 7 Times Square, Suite 1606, New York, NY 10036-6524 | |
| By phone: 1-800-243-2729 | |
| Online: www.sec.gov | | | | |
| By e-mail: (duplicating fee required) | | | | |
| By mail: (duplicating fee required) | | | | |
|
Investment Adviser |
| |
Service Agent |
|
|
EULAV Asset Management 7 Times Square, Suite 1606 New York, NY 10036-6524 |
| |
SS&C GIDS, Inc. P.O. Box 219729 Kansas City, MO 64121-9729 |
|
|
Custodian |
| |
Distributor |
|
|
State Street Bank and Trust Company 1 Iron Street Boston, MA 02210 |
| |
EULAV Securities LLC 7 Times Square, Suite 1606 New York, NY 10036-6524 |
|
| Value
Line Small Cap Opportunities Fund, Inc. 7 Times Square, Suite 1606, New York, NY 10036-6524 |
| |
File No. 811-07388 |
|
| Value
Line Mid Cap Focused Fund, Inc. 7 Times Square, Suite 1606, New York, NY 10036-6524 |
| |
File No. 811-02265 |
|
|
Value Line Select Growth Fund, Inc. 7 Times Square, Suite 1606, New York, NY 10036-6524 |
| |
File No. 811-02278 |
|
| Value
Line Larger Companies Focused Fund, Inc. 7 Times Square, Suite 1606, New York, NY 10036-6524 |
| |
File No. 811-01807 |
|
|
Value Line Asset Allocation Fund,
Inc. 7 Times Square, Suite 1606, New York, NY 10036-6524 |
| |
File No. 811-07702 |
|
| Value
Line Capital Appreciation Fund, Inc. 7 Times Square, Suite 1606, New York, NY 10036-6524 |
| |
File No. 811- 02277 |
|
| Value
Line Core Bond Fund 7 Times Square, Suite 1606, New York, NY 10036-6524 |
| |
File No. 811-04471 |
|