Value Line Larger Companies Focused Fund
How does your fund compare to the Larger Companies Focused Fund?
Let us do the comparison for you.
Request a Comparison
Overview
Objective & Process
The Fund’s sole investment objective is long-term growth of capital.
Documents
| Document | Date |
|---|---|
| Fact Sheet | 04/30/25 |
| Commentary | Q1 2025 |
| Summary Prospectus | 5/1/25 |
| Prospectus | 5/1/25 |
| SAI | 5/1/25 |
| Q1 Holdings | 3/31/24 |
| Q3 Holdings | 9/30/24 |
Daily Pricing as of 05/09/25
| Class | NAV | % Change |
|---|---|---|
| Investor Class - VALLX | $36.32 | -0.33% |
| Institutional Class - VLLIX | $37.17 | -0.32% |
Fund Details
| Item | Value |
|---|---|
| Regulatory Benchmark | S&P 500 |
| Secondary Benchmark | Russell 1000 Growth TR |
| Morningstar Category | Large Growth Funds |
Managers & Commentary
Cindy Starke Senior Portfolio Manager
Performance
Average Annual Returns as of 04/30/25
| VALLX | VLLIX1 | S&P 500 | MLGF | |
|---|---|---|---|---|
| YTD | -2.87% | -2.81% | -4.92% | -7.03% |
| 1 Yr | 19.02% | 19.29% | 12.10% | 12.32% |
| 3 Yr | 16.79% | 17.06% | 12.18% | 13.25% |
| 5 Yr | 12.01% | 12.28% | 15.61% | 14.18% |
| 10 Yr | 12.34% | 12.53% | 12.32% | 12.78% |
|
VALLX Gross / Net Expense Ratio: 1.14%, VLLIX Gross / Net Expense Ratio*: 1.19% / 0.89%.
Morningstar rates funds based on enhanced Morningstar risk-adjusted returns. 1 Indicates Morningstar Extended Performance. Extended performance is an estimate based on the performance of the fund's oldest share class, adjusted for fees. The Inception Date of VLLIX is November 1, 2015. †Morningstar™ Ratings and Rankings based on Investor class shares. The S&P 500 Index is the most widely accepted barometer of the Large-Cap U.S. equities market. The index includes 500 leading companies and covers approximately 80% of available market capitalization. The returns for the index do not include any transaction costs, management fees or other costs. An investor may not invest directly in the index. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”). The Russell 1000® Growth Index measures the performance of the large-cap growth segment of the US equity universe. The Index is constructed to provide a comprehensive and unbiased barometer for the large-cap growth segment. |
||||
Morningstar† as of 04/30/25
| Large Growth Funds Category | ||
|---|---|---|
| Period | Stars | Number of Funds |
| 3 Year | ★★★ | of 1027 Funds |
| 5 Year | ★ | of 949 Funds |
| 10 Year | ★★ | of 748 Funds |
| Overall | ★★ | of 1027 Funds |
10 Year Calendar Year Returns as of 04/30/25
| Period | VALLX | S&P 500 | Diff. |
|---|---|---|---|
| 2016 | 0.24 | 11.96 | -11.72 |
| 2017 | 33.79 | 21.83 | 11.96 |
| 2018 | 1.30 | -4.38 | 5.68 |
| 2019 | 25.67 | 31.49 | -5.82 |
| 2020 | 45.98 | 18.40 | 27.58 |
| 2021 | 2.89 | 28.71 | -25.82 |
| 2022 | -38.99 | -18.11 | -20.88 |
| 2023 | 59.06 | 26.29 | 32.77 |
| 2024 | 26.49 | 25.02 | 1.47 |
| 4/30 | -2.87 | -4.92 | 2.05 |
Portfolio Details as of 4/30/25
Top Ten Holdings
| Company Name | Weight (%) |
|---|---|
| NVIDIA Corp | 8.77% |
| Meta Platforms Inc Class A | 8.43% |
| Uber Technologies Inc | 6.58% |
| Amazon.com Inc | 4.85% |
| Netflix Inc | 4.64% |
| Visa Inc Class A | 4.14% |
| Strategy Class A | 3.77% |
| Exelixis Inc | 3.68% |
| Microsoft Corp | 3.50% |
| Robinhood Markets Inc Class A | 3.43% |
Equity Sector Distribution as of 03/31/25
| Sector | Weight | |
|---|---|---|
| Technology | 41.16% | |
| Communication Services | 19.26% | |
| Consumer Cyclical | 16.32% | |
| Healthcare | 10.65% | |
| Financial Services | 10.61% | |
| Energy | 2.00% |
Portfolio Statistics
3 Year Period, as of 04/30/25
| Statistic | Value |
|---|---|
| Alpha | 3.12 |
| Beta | 1.30 |
| Information Ratio | 0.38 |
| R-Squared | 77.72 |
| Sharpe Ratio | 0.58 |
| Standard Deviation | 24.07 |
Portfolio Composition
as of 03/31/25
| Composition | Weight | |
|---|---|---|
| Equities | 99.65% | |
| Cash & Other | 0.35% |
Valuation
as of 04/30/25
| Item | Value |
|---|---|
| Best 3 month period ended: | 06/30/20 39.25% |
| Worst 3 month period ended: | 06/30/22 -28.69% |
Valuation (Quarterly)
as of 03/31/25
| Item | Value |
|---|---|
| Price/Earnings | 28.35x |
| Price/Book | 6.23x |
| Price/Sales | 6.55x |
| Price/Cash Flow | 22.90x |
| Turnover (as of 12/31/24) | 23% |
Fees & Distributions as of 12/31/23
VALLX Investor Class
| Composition | Weight |
|---|---|
| Redemption Fee | N/A |
| Expense Ratio Before Waivers | 1.14% |
| Expense Ratio After Waivers | 1.14% |
| Minimum Initial Investment | $1,000 |
| Minimum Subsequent Investment | No Minimum |
VLLIX Institutional Class
| Composition | Weight |
|---|---|
| Redemption Fee | N/A |
| Expense Ratio Before Waivers | 1.19% |
| Expense Ratio After Waivers** | 0.89% |
| Minimum Initial Investment (**See prospectus for exceptions) |
$100,000 |
| Minimum Subsequent Investment | No Minimum |
2024 Year-End Distributions (Finalized)
| Ticker | Ordinary Income | Short Term | Long Term | Total Per Share | Ex. Date | Pay Date |
|---|---|---|---|---|---|---|
| Investor Class - VALLX | - | - | $0.97195 | $0.97195 | 12/18 | 12/18 |
| Institutional Class - VLLIX | - | - | $0.97195 | $0.97195 | 12/18 | 12/18 |
EULAV Asset Management (the “Adviser”) has agreed to pay or reimburse certain class-specific fees and expenses incurred by the Institutional Class so that the Institutional Class bears its class-specific fees and expenses at the same percentage of its average daily net assets as the Investor Class’s class-specific fees and expenses (excluding 12b-1 fees and any extraordinary expenses incurred in different amounts by the classes) (the “Expense Limitation”). The Adviser may subsequently recover from assets attributable to the Institutional Class the reimbursed expenses and/or waived fees (within 3 years from the month in which the waiver/reimbursement occurred) to the extent that the Institutional Class’s expense ratio is less than the Expense Limitation or, if lower, the expense limitation in effect when the waiver/reimbursement occurred. The Expense Limitation can be terminated only with the agreement of the Fund’s Board. The Fund's performance would be lower in the absence of such waivers.
Morningstar™ Categories based on Investor class shares.
The performance data quoted herein represents past performance and does not guarantee future results. Market volatility can dramatically impact the fund's short term performance. Current performance may be lower or higher than figures shown. The investment return and principal value will fluctuate so that an investor's shares, when redeemed may be worth more or less than their original cost. Past performance data through the most recent month end is available at vlfunds.com or by calling 1-800-243-2729.
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.
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.
The average annual returns shown above are historical and reflect changes in share price, reinvested dividends and are net of expenses. Investment results and the principal value of an investment will vary.
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
VLEOX (3 Year / 5 stars / 529 funds; 5 Year / 5 stars / 513 funds; 10 Year / 5 stars / 388 funds; )
VLIFX (3 Year / 5 stars / 479 funds; 5 Year / 5 stars / 445 funds; 10 Year / 5 stars / 362 funds; )
VALLX (3 Year / 3 stars / 1027 funds; 5 Year / 1 stars / 949 funds; 10 Year / 2 stars / 748 funds; )
VALSX (3 Year / 3 stars / 1027 funds; 5 Year / 3 stars / 949 funds; 10 Year / 3 stars / 748 funds; )
VLAAX (3 Year / 5 stars / 433 funds; 5 Year / 3 stars / 403 funds; 10 Year / 5 stars / 329 funds; )
VALIX (3 Year / 5 stars / 433 funds; 5 Year / 3 stars / 403 funds; 10 Year / 4 stars / 329 funds; )
VAGIX (3 Year / 2 stars / 421 funds; 5 Year / 2 stars / 379 funds; 10 Year / 2 stars / 278 funds; )
Source: Morningstar Direct
