What Value Line Funds does

Value Line Funds is a privately held U.S. mutual fund complex tracing its origins to 1950, when it became the first mutual fund family established to manage assets for subscribers of the Value Line investment research publication. The firm currently operates six actively managed no-load funds across U.S. equities and hybrid strategies, including Small Cap Opportunities, Mid Cap Focused, Larger Companies Focused, Select Core (formerly Select Growth), Asset Allocation, and Capital Appreciation funds, with combined assets under management of approximately $3.57B as of Q1 2026. A separately managed accounts business is operated via valuelineportfolios.com.

The investment process is anchored by Value Line's proprietary Timeliness and Safety Ranking Systems, which generate weekly predictive rankings across roughly 1,700 U.S. stocks by combining 10-year trends in relative earnings and prices, recent earnings and price changes, and earnings surprises. Portfolio managers employ a concentrated "best ideas" approach with 25–50 holdings, supported by FactSet, Bloomberg, and Thomson One analytics. Value Line Funds is the only mutual fund family licensed to use the Value Line name, leveraging the research output of more than 60 independent analysts at Value Line Publishing.

The firm generates revenue through investment management fees on AUM, distributed by EULAV Securities LLC with EULAV Asset Management serving as investment adviser. Distribution spans more than 150 financial institutions (including Charles Schwab, Morgan Stanley, JPMorgan, UBS, Wells Fargo, Vanguard Marketing, Raymond James, and LPL Financial), major retirement platforms (Empower, Lincoln Financial, TIAA-CREF), and direct-to-investor channels. Customers include individual investors, financial advisors/RIAs, and institutional buyers served through Institutional share classes rolled out between 2015 and 2020.

Name

Value Line Funds

Legal name

Value Line Funds

Website

https://vlfunds.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

11–50 employees

Short description

Value Line Funds is a private U.S. no-load mutual fund family operating since 1950 that offers six actively managed equity and hybrid funds built on proprietary Value Line Timeliness and Safety Ranking Systems, serving individual investors, financial advisors, and institutional buyers via 150-plus distribution partners.

Ownership category

akta.pro rank

Product category

Mutual Fund Management

NAICS

Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Equity Mutual Funds (Active) (FSAAAEAA)

akta.pro secondary industry

Balanced & Allocation (Multi-Asset) Funds (FSAAAEAD)

Keywords

• Mutual fund management
• Active equity management
• No-load funds
• Concentrated portfolio strategies
• Asset allocation funds

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Management Fees: Value Line Funds generates revenue through investment management fees charged as a percentage of assets under management (AUM). The funds are distributed by EULAV Securities LLC and managed by EULAV Asset Management.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Value Line Funds operates a no-load family of six actively managed U.S. mutual funds covering equity (small-, mid-, and large-cap focused strategies) and hybrid (asset allocation and capital appreciation) mandates. Each fund is constructed around a focused "best ideas" portfolio typically holding 25–50 stocks selected using the proprietary Value Line Timeliness and Safety Ranking Systems. The funds are managed by EULAV Asset Management and distributed by EULAV Securities LLC to individual investors, financial advisors, and institutional clients.

Product overview

Value Line Funds is a diversified family of mutual funds established in 1950, offering six actively managed funds spanning equity and hybrid categories. The fund family includes three concentrated equity funds (Mid Cap Focused, Larger Companies Focused, and Select Core) holding 25-50 positions focused on portfolio managers' best ideas, plus two hybrid funds (Asset Allocation and Capital Appreciation) that combine equities and fixed income, and a Small Cap Opportunities Fund. All funds utilize the proprietary Value Line Timeliness and Safety Ranking Systems. The funds are designed to help investors meet long-term investment goals through quality investment products managed by experienced portfolio managers.

Differentiator

Problem solved

Functional benefit

Products and services

• Value Line Small Cap Opportunities Fund (VLEOX/VLEIX) Actively managed equity mutual fund seeking long-term growth of capital by investing in small-cap stocks with strong growth potential. Designed for investors seeking small-cap equity exposure managed using the Value Line Timeliness and Safety Ranking Systems.
• Value Line Mid Cap Focused Fund (VLIFX/VLMIX) Concentrated actively managed equity mutual fund seeking long-term growth of capital by investing in mid-cap companies, typically holding 25–50 positions as the portfolio manager's best ideas.
• Value Line Larger Companies Focused Fund (VALLX/VLLIX) Concentrated actively managed equity mutual fund seeking long-term growth of capital by investing in large-cap companies with a faster growth style, typically holding 25–50 positions.
• Value Line Select Core Fund (VALSX/VILSX) Concentrated actively managed equity mutual fund seeking long-term growth of capital in the large-cap space with a consistent growth style, typically holding 25–50 positions.
• Value Line Asset Allocation Fund (VLAAX/VLAIX) Hybrid mutual fund seeking high total investment return through a flexible allocation between equities and fixed income, designed for investors seeking balanced growth and income.
• Value Line Capital Appreciation Fund (VALIX/VLIIX) Hybrid mutual fund seeking capital appreciation and income consistent with its asset allocation through combined equity and fixed-income investments.
• Federated Hermes Government Obligations Fund (SS) Money market fund offering short-term U.S. government obligations, offered by Value Line Funds as a cash-management option but not managed by EULAV Asset Management.

Quantifiable outcome

• Funds with highest active share exhibited strong outperformance, gaining 2.61% annualized over benchmark (Cremers and Petajisto 2006-2009 study)
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• Fidelity InvestmentsflagshipChannel Partner/ Reseller/ Distributor · 31 August 2019Value Line Capital Appreciation Fund and Value Line Mid Cap Focused Fund were added to Fidelity's 'Fund Picks From Fidelity' list in their respective Morningstar categories, providing visibility and distribution through Fidelity's platform.
• EULAV Asset ManagementcoreOthersEULAV Asset Management serves as the investment adviser to Value Line Funds, providing portfolio management, analytical support, and operational oversight. The firm supports portfolio managers with advanced analytics including FactSet, Bloomberg, and Thomson One.
• EULAV Securities LLCcoreChannel Partner/ Reseller/ DistributorEULAV Securities LLC is the principal underwriter and distributor of Value Line Funds. The firm handles the distribution and sale of fund shares to investors through various channels.
• Value Line Publishing / Value Line Inc.coreStrategic or Co-development PartnerValue Line Publishing provides the proprietary Value Line research methodology and ranking systems. The research team includes over 60 independent analysts creating weekly stock research pages. Value Line Funds are the only mutual funds with the right to use the Value Line name.

Scale indicators7 records

Recent moves11 records

Expansion highlights4 records

Direct peers

• T. Rowe Price: One of the oldest and most established active mutual fund families in the U.S., offering a broad lineup of active equity and hybrid funds spanning market caps. Directly comparable to Value Line Funds in heritage (founded 1937 vs. 1950), active management philosophy, and multi-cap fund family structure.
• Lord Abbett: Privately-held mutual fund manager with a diversified family of active equity and hybrid funds spanning small, mid, and large caps. Similar in private ownership structure, active equity focus, and multi-style fund lineup.
• Alger Funds: Active equity mutual fund family focused on growth strategies across small, mid, and large caps with concentrated 'best ideas' portfolio approaches. Closely comparable to Value Line's concentrated 25-50 holding equity funds and growth-oriented methodology.
• Federated Hermes: Large diversified mutual fund company with active equity, hybrid, and money market products. Already embedded in Value Line's fund lineup as the manager of the Federated Hermes Government Obligations Fund option offered to Value Line shareholders.
• Royce Investment Partners: Specialist active manager focused on small-cap and micro-cap equity mutual funds with concentrated, fundamentals-driven approaches. Directly comparable to Value Line's Small Cap Opportunities Fund and concentrated best-ideas philosophy.
• Gabelli Funds: Privately-affiliated active mutual fund family emphasizing concentrated, fundamentals-based equity strategies with multiple style-specific portfolios. Closely comparable to Value Line's concentrated active equity approach across market caps.
• Jensen Investment Management: Active equity manager focused on concentrated, quality-growth strategies in large-cap mutual fund and SMA formats. Highly comparable to Value Line's Larger Companies Focused and Select Core concentrated funds.
• Hartford Funds: Diversified mutual fund family offering active equity and hybrid products distributed through financial advisors. Comparable product structure and advisor-channel distribution model to Value Line Funds.

Broad incumbents

• American Funds (Capital Group): One of the largest U.S. mutual fund families with a broad active equity and hybrid fund lineup spanning market caps. Compares to Value Line Funds in product structure and active management focus, but operates at much greater AUM scale.

Emerging players

• WisdomTree: While primarily known for ETFs, WisdomTree operates in the U.S. asset management space with equity strategies. Indirectly comparable as an example of the broader active/smart-beta competitive pressure facing traditional active mutual fund families like Value Line.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/valueline

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Value Line Funds