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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$42.52

$946 M

1.03%

$0.44

1.04%

Vitals

YTD Return

4.4%

1 yr return

22.4%

3 Yr Avg Return

6.8%

5 Yr Avg Return

9.1%

Net Assets

$946 M

Holdings in Top 10

31.7%

52 WEEK LOW AND HIGH

$42.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.04%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 14.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$42.52

$946 M

1.03%

$0.44

1.04%

VLAAX - Profile

Distributions

  • YTD Total Return 4.4%
  • 3 Yr Annualized Total Return 6.8%
  • 5 Yr Annualized Total Return 9.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.07%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    VALUE LINE ASSET ALLOCATION FUND INC
  • Fund Family Name
    Value Line Funds
  • Inception Date
    Nov 01, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Stephen Grant

Fund Description

To achieve the Fund’s investment objective, the Adviser invests in a broad range of common stocks, bonds and money market instruments. The Adviser attempts to achieve the Fund’s investment objective by following an asset allocation strategy that enables the Adviser to periodically shift the assets of the Fund among three types of securities: (a) common stocks, (b) debt securities with maturities of more than one year that are principally rated investment grade and (c) money market instruments, which the Fund defines as debt securities with maturities of less than one year. Allocation of the Fund’s assets among these types of securities is determined by the Adviser using data derived from a proprietary stock market model which Value Line, Inc. ("Value Line") developed and other factors which the Adviser deems appropriate. There are no limits on the percentage of the Fund’s assets that can be invested in common stocks, debt or money market securities.
Investment in Debt Securities. The debt securities in which the Fund invests are principally, as measured by the number and total value of purchases, investment grade debt securities issued by U.S. corporations rated within one of the four highest categories of a nationally recognized statistical rating organization (“NRSRO”) (that is, rated BBB or higher by Standard & Poor’s Rating Group or an equivalent rating by another rating organization, or, if not rated, believed by the Adviser to be of equivalent credit quality). On occasion, the Fund may invest in debt securities rated below BBB (commonly referred to as “junk” bonds) which may have certain speculative characteristics and in debt securities issued or guaranteed by the U.S. government, its agencies and instrumentalities, including mortgage-backed securities issued by government sponsored enterprises as well as fixed income securities of non-U.S. companies issuing dollar-denominated debt. In selecting debt securities, the Adviser evaluates the credit quality of the debt security and its value relative to comparable securities as well as its historic trading level. The Fund may, but need not, sell a debt security if its rating falls below the four highest categories. The Fund may invest in debt securities with either fixed or variable reset terms.
Investment in Equity Securities. The Fund is actively managed by the Adviser. During the investment selection process, the Adviser performs fundamental and quantitative analysis on each company and utilizes the rankings of companies by the Value Line Timeliness™ Ranking System or the Value Line Performance™ Ranking System (the “Ranking Systems”) to assist in selecting equity securities for purchase or sale. The Ranking Systems are proprietary quantitative systems that compare an estimate of the probable market performance of each stock within a universe during the next six to twelve months to that of all stocks within that universe and ranks stocks on a scale of 1 (highest) to 5 (lowest). The universe consists of approximately 1,700 stocks of large-, mid- and small-market capitalization companies for the Value Line Timeliness Ranking System and approximately 1,700 stocks of smaller and mid-sized capitalization
companies for the Value Line Performance Ranking System. There are no set limitations of investments in any category or according to a company’s size. While the Adviser utilizes the rankings of companies by the Ranking Systems in selecting stocks for the Fund, it has broad discretion in managing the Fund’s portfolio, including whether and which ranked stocks to include within the Fund’s portfolio, whether and when to buy or sell stocks based upon changes in their rankings, and the frequency and timing of rebalancing the Fund’s portfolio. The Adviser analyzes the stocks provided by the Ranking Systems and determines those in which the Fund shall invest and in what amounts such investments shall be made taking into account the potential risk and reward of each investment.
Incidental to its primary investment strategy, the Adviser may seek to hedge the Fund’s interest rate exposure, or to profit from anticipated movements in interest rates, by investing in futures contracts on U.S. government securities (such as interest rate futures on government bonds issued by the U.S.) The Adviser is not registered with the Commodity Futures Trading Commission as a commodity trading advisor or commodity pool operator and limits the aggregate amount of the Fund’s investments in commodity interests (such as futures contracts) to comply with an exemption from such registration.
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VLAAX - Performance

Return Ranking - Trailing

Period VLAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -0.9% 26.1% 76.22%
1 Yr 22.4% -5.9% 45.8% 9.51%
3 Yr 6.8%* -5.8% 8.6% 3.78%
5 Yr 9.1%* -4.1% 15.9% 16.93%
10 Yr 8.7%* 0.7% 10.9% 6.06%

* Annualized

Return Ranking - Calendar

Period VLAAX Return Category Return Low Category Return High Rank in Category (%)
2023 10.4% -12.2% 23.9% 50.84%
2022 -20.3% -34.7% 2.8% 68.95%
2021 5.0% -11.9% 18.1% 53.69%
2020 14.6% -20.9% 39.7% 4.79%
2019 23.2% 0.8% 25.7% 1.11%

Total Return Ranking - Trailing

Period VLAAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -0.9% 26.1% 76.22%
1 Yr 22.4% -5.9% 45.8% 9.51%
3 Yr 6.8%* -5.8% 8.6% 3.78%
5 Yr 9.1%* -4.1% 15.9% 16.93%
10 Yr 8.7%* 0.7% 10.9% 6.06%

* Annualized

Total Return Ranking - Calendar

Period VLAAX Return Category Return Low Category Return High Rank in Category (%)
2023 21.4% -12.2% 26.8% 3.09%
2022 -15.7% -29.0% 10.9% 60.68%
2021 11.9% -3.0% 24.2% 63.42%
2020 15.2% -19.5% 40.6% 27.05%
2019 25.4% 4.4% 32.7% 2.54%

NAV & Total Return History


VLAAX - Holdings

Concentration Analysis

VLAAX Category Low Category High VLAAX % Rank
Net Assets 946 M 733 K 195 B 50.83%
Number of Holdings 205 2 15716 36.06%
Net Assets in Top 10 300 M 618 K 62.8 B 56.03%
Weighting of Top 10 31.70% 11.4% 118.9% 66.99%

Top 10 Holdings

  1. Cintas Corp. 4.58%
  2. TransDigm Group, Inc. 4.11%
  3. Roper Technologies, Inc. 3.41%
  4. Republic Services, Inc. 3.36%
  5. State Street Institutional U.S. Government Money Market Fund 3.18%
  6. Fair Isaac Corp. 3.06%
  7. Adobe, Inc. 2.70%
  8. W R Berkley Corp. 2.48%
  9. Intercontinental Exchange, Inc. 2.46%
  10. Union Pacific Corp. 2.37%

Asset Allocation

Weighting Return Low Return High VLAAX % Rank
Stocks
63.24% 0.00% 103.09% 59.78%
Bonds
33.29% 0.00% 77.27% 29.26%
Cash
3.58% -10.21% 100.00% 28.85%
Convertible Bonds
0.32% 0.00% 23.84% 77.65%
Preferred Stocks
0.00% 0.00% 23.88% 59.08%
Other
0.00% -41.62% 117.44% 65.88%

Stock Sector Breakdown

Weighting Return Low Return High VLAAX % Rank
Technology
35.67% 0.00% 44.21% 1.68%
Financial Services
19.20% 0.00% 38.77% 6.58%
Industrials
16.86% 0.00% 24.37% 3.22%
Healthcare
15.67% 0.00% 29.35% 16.95%
Consumer Cyclical
4.43% 0.00% 19.36% 89.36%
Real Estate
2.63% 0.00% 65.01% 67.51%
Utilities
2.25% 0.00% 99.55% 76.33%
Consumer Defense
1.81% 0.00% 15.14% 94.12%
Basic Materials
1.50% 0.00% 33.35% 88.10%
Energy
0.00% 0.00% 85.65% 97.20%
Communication Services
0.00% 0.00% 38.10% 97.62%

Stock Geographic Breakdown

Weighting Return Low Return High VLAAX % Rank
US
63.24% 0.00% 103.09% 53.54%
Non US
0.00% 0.00% 38.68% 60.61%

Bond Sector Breakdown

Weighting Return Low Return High VLAAX % Rank
Securitized
31.10% 0.00% 92.13% 11.45%
Corporate
29.77% 0.00% 98.21% 53.21%
Government
22.68% 0.00% 97.26% 64.53%
Cash & Equivalents
3.58% 0.00% 100.00% 27.74%
Municipal
1.92% 0.00% 24.80% 8.38%
Derivative
0.00% -3.07% 46.02% 51.32%

Bond Geographic Breakdown

Weighting Return Low Return High VLAAX % Rank
US
33.29% 0.00% 77.27% 28.29%
Non US
0.00% 0.00% 14.17% 52.98%

VLAAX - Expenses

Operational Fees

VLAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.03% 17.63% 48.00%
Management Fee 0.62% 0.00% 1.83% 75.34%
12b-1 Fee 0.25% 0.00% 1.00% 33.72%
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

VLAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VLAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VLAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 343.00% 14.37%

VLAAX - Distributions

Dividend Yield Analysis

VLAAX Category Low Category High VLAAX % Rank
Dividend Yield 1.03% 0.00% 15.61% 0.83%

Dividend Distribution Analysis

VLAAX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Annual

Net Income Ratio Analysis

VLAAX Category Low Category High VLAAX % Rank
Net Income Ratio 0.07% -2.34% 19.41% 91.26%

Capital Gain Distribution Analysis

VLAAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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VLAAX - Fund Manager Analysis

Managers

Stephen Grant


Start Date

Tenure

Tenure Rank

Aug 24, 1993

28.79

28.8%

Mr. Grant has been a portfolio manager with EULAV Asset Management or its predecessor since 1991.

Liane Rosenberg


Start Date

Tenure

Tenure Rank

Dec 31, 2012

9.42

9.4%

Ms. Rosenberg has been a portfolio manager with EULAV Asset Management since November 2009. From May 2008 until December 2008 she was a client portfolio manager with MEAG New York, formerly Munich Re Capital Management. From August 2004 until April 2008, she was Director of Portfolio Management at XL Capital Ltd.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.33 2.41