Senior Management

Mitchell Appel
Chief Executive Officer

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Thomas T. Sarkany
Director of Marketing

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Michael Wagner
Chief Compliance Officer,
Value Line Funds

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Mark Marrone
Chief Compliance Officer,
EULAV Asset Management

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Portfolio Managers

Cindy Starke
Portfolio Manager

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Stephen E. Grant
Portfolio Manager

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Jeffrey D. Geffen
Portfolio Manager

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Liane Rosenberg
Portfolio Manager

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Our Research Resources

The Value Line Funds and the Value Line Research and Ranking System have a unique history, dating back to the establishment of the first Value Line mutual fund in 1950. That first fund, as well as the following Value Line Funds, were established in response to the request of loyal subscribers to the Value Line stock research publications who were looking to have their assets managed by Value Line professionals.

Today, 64 years after the establishment of that first Value Line mutual fund, we, as managers of the Value Line Fund Family, continue to rely in part, on the unique Value Line research methodology. That quantitative methodology, generates the weekly Value Line Ranking Systems and publishes the weekly "buy and sell" stock recommendations on approximately 1,700 stocks. In addition, we, the Value Line portfolio managers, while utilizing a broad range of research resources, also benefit from our access to the Value Line staff of over 60 independent research analysts, who create the famed stock research page and play a key role in the weekly stock selection process.

We are proud of this unique corporate history and of the fact that our funds are the only mutual funds that have the right to use of the Value Line name and to share in the powerful and innovative research story that goes with our historic brand.