NEW YORK, Feb.2, 2012 /PRNewswire/ -- Three Value Line Funds were named "Category Kings" by The Wall Street Journal. Value Line Asset Allocation Fund (VLAAX), Value Line Emerging Opportunities Fund (VLEOX) and Value Line Fund (VLIFX) were each recognized for one-year performance as of December 30, 2011 in the publication's "Investing in Funds: A Quarterly Analysis" (January 9, 2012). This is the sixth consecutive month that Value Line Fund has achieved this status.
"This recognition is a testament to the success of the investment strategies of our no-load mutual funds in 2011 and our commitment to providing a diversified fund line-up to help investors and advisors meet their investment goals," said Mitchell Appel, president of Value Line Funds and CEO of the adviser, EULAV Asset Management. "We appreciate the recognition by the Journal."
The Wall Street Journal's Category Kings title is given to funds that rank in the top 10 of their respective Lipper mutual fund categories, ranked by year-to-date total returns.
"We are very proud of our performance," said Tom Sarkany, marketing director for Value Line Funds. "As importantly, we are maintaining our focus on managing risk to help investors preserve assets during these challenging economic times." The October issue of Kiplinger's also featured the Value Line Asset Allocation Fund, noting its reliance on the time-tested proprietary systems of Value Line in its overall approach. The article is available at www.vlfunds.com.
In addition, Value Line Asset Allocation Fund is ranked in the top decile of its Lipper peer group for one, and five year periods and in the top 15% for ten years. "Not many funds have that kind of track record," added Sarkany.
Average Annual Total Returns as of December 31, 2011 | |||
1 year | 5 year | 10 year | |
Value Line Asset Allocation Fund | 6.02% | 3.30% | 5.16% |
Lipper Mixed Asset Allocation Growth Category | -1.31% | 0.62% | 3.79% |
Rank: Mixed Asset Allocation Growth Category | 8 of 561 | 31 of 451 | 31 of 223 |
Percentile rank in Category | 2 | 7 | 14 |
Expense ratio - gross/net: 1.26%/1.16%
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.
About Value Line Funds
In 1950, Value Line started its first mutual fund. Since then, knowledgeable investors have been relying on the Value Line Funds to help them build their financial futures. Over the years, Value Line Funds has evolved into what we are today - a diversified family of no-load mutual funds with a wide range of investment objectives, available directly to you or through your brokerage firm or financial advisor.
Our family of mutual funds is designed to help you meet your investment goals and includes a variety of equity, fixed income, or hybrid funds for your portfolio. It's never too early or too late to build a diversified investment strategy.
For more information about Value Line Funds, please call your financial advisor or contact the Value Line Funds at 800-243-2729. Visit www.vlfunds.com for information on how to open an account, learn more about any of our funds and view past performance.
You should carefully consider investment objectives, risks, charges and expenses of Value Line Mutual Funds before investing. This and other information can be found in the funds' prospectus or summary prospectus, which can be obtained from your investment representative or by calling 800.243.2729. Please read it carefully before you invest or send money. Value Line Mutual Funds are distributed by EULAV Securities LLC. Past performance is no guarantee of future results.
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. Performance figures reflect changes in net asset values with reinvested distributions as of month-end.
Value Line, Value Line Logo, Timeliness, Safety are trademarks or registered trademarks of Value Line Inc. and/or its affiliates in the United States and other countries. Used by permission.
Value Line Funds are distributed by EULAV Securities, LLC
SOURCE Value Line Funds