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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Anthony Frazia
Chief Compliance Officer,
EULAV Asset Management

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Portfolio Managers

Cindy Starke
Senior Portfolio Manager

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Stephen E. Grant
Senior Portfolio Manager

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Liane Rosenberg
Senior Portfolio Manager

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Ronald Deonarain
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.

Since the establishment of the first Value Line mutual fund in 1950, 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 weekly ranks on approximately 1,700 stocks. The Value Line Publishing research team includes a 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.