VALUE LINE MID CAP FOCUSED FUND, INC.
Fund
VLIFX
Price as of:
$34.31
- $0.02
- 0.06%
Primary Theme
fund company
Name
As of 03/26/2024Price
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
Vitals
YTD Return
6.4%
1 yr return
25.8%
3 Yr Avg Return
11.7%
5 Yr Avg Return
14.5%
Net Assets
$947 M
Holdings in Top 10
45.0%
52 WEEK LOW AND HIGH
$34.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.07%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
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
VLIFX - Profile
Distributions
- YTD Total Return 6.4%
- 3 Yr Annualized Total Return 11.7%
- 5 Yr Annualized Total Return 14.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.33%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVALUE LINE MID CAP FOCUSED FUND, INC.
-
Fund Family NameValue Line Funds
-
Inception DateAug 14, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen Grant
Fund Description
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 Fund considers companies to be mid-sized if they have market capitalizations between $6 billion and $45 billion at the time of purchase. The 80% Policy can be changed without shareholder approval upon at least 60 days’ prior written notice. 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. 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 (the “Ranking System”) to assist in selecting securities for purchase. The Ranking System is a proprietary quantitative system that compares 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 followed by the Ranking System consists of stocks of approximately 1,700 companies accounting for approximately 90% of the market capitalization of all stocks traded on the U.S. securities exchanges. All the stocks followed by the Ranking System are listed on U.S. stock exchanges or traded in the U.S. over-the-counter markets or on the Toronto Stock Exchange.
The Adviser may sell securities for a variety of reasons, including when a company’s business fundamentals deteriorate or a company’s valuation has become less attractive in relationship to the company’s future growth prospects. Other reasons include to secure gains, limit losses or redeploy assets into more promising investment opportunities.
The Adviser has discretion in managing the Fund, 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 will determine the percentage of the Fund’s assets invested in each stock based on the stock’s relative attractiveness taking into account the potential risk and reward of each investment.
VLIFX - Performance
Return Ranking - Trailing
Period | VLIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.4% | -5.1% | 27.8% | 75.14% |
1 Yr | 25.8% | -6.1% | 60.7% | 51.91% |
3 Yr | 11.7%* | -24.0% | 86.1% | 1.31% |
5 Yr | 14.5%* | -2.9% | 100.8% | 5.39% |
10 Yr | 13.5%* | 0.4% | 37.0% | 4.97% |
* Annualized
Return Ranking - Calendar
Period | VLIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.1% | -27.7% | 68.0% | 34.24% |
2022 | -15.5% | -85.6% | 350.1% | 3.48% |
2021 | 10.4% | -77.0% | 238.3% | 18.27% |
2020 | 11.0% | -44.1% | 2474.5% | 89.30% |
2019 | 33.4% | -50.2% | 44.0% | 16.83% |
Total Return Ranking - Trailing
Period | VLIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.4% | -5.1% | 27.8% | 75.14% |
1 Yr | 25.8% | -6.1% | 60.7% | 51.91% |
3 Yr | 11.7%* | -24.0% | 86.1% | 1.31% |
5 Yr | 14.5%* | -2.9% | 100.8% | 5.39% |
10 Yr | 13.5%* | 0.4% | 37.0% | 4.97% |
* Annualized
Total Return Ranking - Calendar
Period | VLIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.1% | -26.1% | 68.0% | 39.53% |
2022 | -9.6% | -67.0% | 440.7% | 5.13% |
2021 | 19.9% | -23.5% | 342.2% | 17.33% |
2020 | 20.0% | 2.6% | 2549.1% | 90.66% |
2019 | 35.3% | 14.6% | 44.8% | 37.27% |
NAV & Total Return History
VLIFX - Holdings
Concentration Analysis
VLIFX | Category Low | Category High | VLIFX % Rank | |
---|---|---|---|---|
Net Assets | 947 M | 1.94 M | 84.5 B | 51.54% |
Number of Holdings | 38 | 25 | 3644 | 89.47% |
Net Assets in Top 10 | 566 M | 319 K | 8.39 B | 35.39% |
Weighting of Top 10 | 45.02% | 0.4% | 99.9% | 13.79% |
Top 10 Holdings
- Gartner, Inc. 5.08%
- CDW Corp. 4.99%
- MSCI, Inc. 4.64%
- State Street Institutional U.S. Government Money Market Fund 4.57%
- Lennox International, Inc. 4.54%
- Tyler Technologies, Inc. 4.45%
- STERIS PLC 4.28%
- Pool Corp. 4.28%
- TransDigm Group, Inc. 4.12%
- HEICO Corp. 4.06%
Asset Allocation
Weighting | Return Low | Return High | VLIFX % Rank | |
---|---|---|---|---|
Stocks | 95.05% | 0.92% | 101.49% | 90.74% |
Cash | 4.95% | 0.00% | 99.08% | 13.07% |
Preferred Stocks | 0.00% | 0.00% | 5.46% | 85.48% |
Other | 0.00% | -0.18% | 16.96% | 85.30% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 84.75% |
Bonds | 0.00% | -3.27% | 1.87% | 84.94% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VLIFX % Rank | |
---|---|---|---|---|
Technology | 36.78% | 0.04% | 62.17% | 19.06% |
Industrials | 18.13% | 0.00% | 38.23% | 19.78% |
Financial Services | 14.50% | 0.00% | 43.01% | 12.52% |
Healthcare | 12.94% | 0.00% | 37.06% | 82.94% |
Consumer Cyclical | 11.26% | 0.00% | 57.41% | 74.05% |
Consumer Defense | 3.21% | 0.00% | 16.40% | 28.86% |
Real Estate | 3.19% | 0.00% | 19.28% | 38.48% |
Utilities | 0.00% | 0.00% | 12.94% | 88.93% |
Energy | 0.00% | 0.00% | 62.10% | 93.28% |
Communication Services | 0.00% | 0.00% | 18.33% | 98.19% |
Basic Materials | 0.00% | 0.00% | 17.25% | 96.19% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VLIFX % Rank | |
---|---|---|---|---|
US | 95.05% | 0.64% | 101.49% | 80.22% |
Non US | 0.00% | 0.00% | 34.81% | 89.47% |
VLIFX - Expenses
Operational Fees
VLIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.07% | 0.02% | 17.54% | 50.73% |
Management Fee | 0.64% | 0.00% | 1.50% | 31.27% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 59.28% |
Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
VLIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
VLIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
VLIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 250.31% | 0.40% |
VLIFX - Distributions
Dividend Yield Analysis
VLIFX | Category Low | Category High | VLIFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.03% | 0.00% | 32.46% | 17.42% |
Dividend Distribution Analysis
VLIFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | SemiAnnual | Annual |
Net Income Ratio Analysis
VLIFX | Category Low | Category High | VLIFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.33% | -2.24% | 2.75% | 9.21% |
Capital Gain Distribution Analysis
VLIFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2023 | $0.009 | OrdinaryDividend |
Dec 14, 2022 | $1.907 | OrdinaryDividend |
Dec 12, 2019 | $0.363 | OrdinaryDividend |
Dec 19, 2014 | $0.006 | OrdinaryDividend |
Dec 24, 2013 | $0.057 | OrdinaryDividend |
Dec 28, 2011 | $0.001 | OrdinaryDividend |
Jun 24, 1998 | $0.025 | OrdinaryDividend |
Mar 25, 1998 | $0.025 | OrdinaryDividend |
Dec 24, 1997 | $0.047 | OrdinaryDividend |
Sep 26, 1997 | $0.030 | OrdinaryDividend |
Jun 30, 1997 | $0.040 | OrdinaryDividend |
Mar 26, 1997 | $0.025 | OrdinaryDividend |
Dec 27, 1996 | $0.067 | OrdinaryDividend |
Sep 27, 1996 | $0.025 | OrdinaryDividend |
Jun 26, 1996 | $0.010 | OrdinaryDividend |
Mar 27, 1996 | $0.010 | OrdinaryDividend |
Sep 19, 1995 | $0.020 | OrdinaryDividend |
Jun 20, 1995 | $0.030 | OrdinaryDividend |
Mar 28, 1995 | $0.030 | OrdinaryDividend |
Sep 20, 1994 | $0.020 | OrdinaryDividend |
Jun 21, 1994 | $0.010 | OrdinaryDividend |
Mar 22, 1994 | $0.010 | OrdinaryDividend |
Dec 29, 1993 | $0.012 | OrdinaryDividend |
Sep 21, 1993 | $0.020 | OrdinaryDividend |
Jun 22, 1993 | $0.020 | OrdinaryDividend |
Mar 23, 1993 | $0.025 | OrdinaryDividend |
Sep 22, 1992 | $0.035 | OrdinaryDividend |
Jun 23, 1992 | $0.035 | OrdinaryDividend |
Mar 24, 1992 | $0.050 | OrdinaryDividend |
Dec 26, 1991 | $0.059 | OrdinaryDividend |
Sep 24, 1991 | $0.060 | OrdinaryDividend |
Mar 26, 1991 | $0.060 | OrdinaryDividend |
Jun 19, 1990 | $0.060 | OrdinaryDividend |
Mar 27, 1990 | $0.060 | OrdinaryDividend |