Value Line Equity Funds
Embracing a “Steady-eddy” Investment Approach
The Value Line Funds offer four growth-oriented equity funds designed to provide investors with the opportunity for capital appreciation while maintaining a lower risk profile. At Value Line Funds, we attempt to provide above average returns over full market cycles by investing primarily in companies that have demonstrated a long history of growing both earnings and stock price. This “steady-eddy” approach is the foundation of our disciplined equity investment process.
Other Fund Categories
Value Line Hybrid
In one convenient and flexible portfolio, hybrid funds include stocks and bonds to provide capital appreciation potential and current income.
More DetailsValue Line Fixed Income
Income is the primary objective with our high-quality fixed income fund.
More Details
Small Cap Opportunities Fund
VLEOX (Inv) | VLEIX (Inst)
Investment Objective
Under normal circumstances, the Adviser invests at least 80% of the Fund’s assets in stocks of U.S. companies with small market capitalizations (the “80% Policy”). The 80% Policy can be changed without shareholder approval upon at least 60 days’ prior written notice. A portion of the Fund’s assets may also be invested in stocks of U.S. mid-market capitalization companies. Although there is not a universal definition, the Fund considers a “small market capitalization company” to be a company with a market capitalization that is less than the value of the largest capitalization company in the Russell 2000 Index or $12 billion, whichever is greater. A company’s categorization is based on its market capitalization at the time of purchase by the Fund.Literature
- Fact Sheet 08/31/24
- Commentary Q2 2024
- Summary Prospectus 05/01/24
- Prospectus 05/01/24
- SAI 05/01/24
Shareholder Reports
Mid Cap Focused Fund
VLIFX (Inv) | VLMIX (Inst)
Investment Objective
To achieve the Fund’s investment objective, the Adviser invests substantially all of the Fund’s net assets in common stocks. Under normal circumstances, the Adviser invests at least 80% of the Fund’s assets in common stocks and other equity securities of mid-sized companies (the “80% Policy”). The 80% Policy can be changed without shareholder approval upon at least 60 days’ prior written notice. The Fund considers companies to be mid-sized if they have market capitalizations between $7 billion and $65 billion at the time of purchase. Under normal circumstances, the Adviser expects that the Fund’s portfolio will generally consist of positions in 25 to 50 companies. The Fund is actively managed by the Adviser, which seeks to purchase mid-cap growth companies that generally have strong market positions in growing industries that may enable those companies to increase future sales and earnings at an above average pace in the coming years. There are no set limitations on the sector weightings of the Fund’s investments, and the Fund may invest in companies that have smaller or larger capitalizations than mid-sized companies.Literature
- Fact Sheet 08/31/24
- Commentary Q2 2024
- Summary Prospectus 05/01/24
- Prospectus 05/01/24
- SAI 05/01/24
Shareholder Reports
Larger Companies Focused Fund
VALLX (Inv) | VLLIX (Inst)
Investment Objective
To achieve the Fund’s investment objective, the Adviser invests substantially all of the Fund’s assets in common stock. Under normal circumstances, the Fund’s portfolio will generally consist of positions in 25 to 50 companies. The Fund considers companies with market capitalization of greater than $10 billion to be larger companies. The Fund is actively managed by the Adviser, which seeks to purchase growth companies that generally have strong market positions in growing industries that may enable those companies to increase future sales and earnings at an above average pace in the coming years. There are no set limitations on the sector weightings of the Fund’s investments, and the Fund may invest in companies of any market capitalization.Literature
- Fact Sheet 08/31/24
- Commentary Q2 2024
- Summary Prospectus 05/01/24
- Prospectus 05/01/24
- SAI 05/01/24
Shareholder Reports
Select Growth Fund
VALSX (Inv) | VILSX (Inst)
Investment Objective
To achieve the Fund’s investment objective, the Adviser invests at least 80% of the Fund’s net assets in a diversified portfolio of U.S. equity securities with favorable growth prospects. Under normal circumstances, the Fund purchases larger companies and the Fund’s portfolio will generally consist of positions in 25 to 50 companies. The Fund considers companies with a market capitalization of greater than $30 billion to be larger companies. However, the Fund may invest in small, mid or large capitalization companies, including foreign companies. In selecting securities for purchase or sale, the Adviser generally analyzes the issuer of a security using fundamental factors such as growth potential and earnings estimates, and quantitative factors such as historical earnings, earnings momentum and price momentum. There are no set limitations of investment according to a company’s size or to a sector weighting.Literature
- Fact Sheet 08/31/24
- Commentary Q2 2024
- Summary Prospectus 05/01/24
- Prospectus 05/01/24
- SAI 05/01/24
Shareholder Reports
Portfolio holdings are subject to change and should not be considered a recommendation to buy or sell securities. Current and future portfolio holdings are subject to risk.
You should carefully consider investment objectives, risks, charges and expenses of Value Line Funds before investing. This and other information can be found in the fund's prospectus and summary prospectus, which can be obtained free of charge from your investment representative, by calling 800.243.2729, or by clicking on the applicable fund at www.vlfunds.com. Please read it carefully before you invest or send money. Value Line Funds are distributed by EULAV Securities LLC. Past performance is no guarantee of future results.
