investing

A Value Line Fund Breaks With Tradition

The manager of Value Line Mid Cap Focused goes for companies with rising profits and climbing share prices.

The firm behind the venerable Value Line Investment Survey (VLIFX) opened its first mutual fund in 1950. For years, the managers of Value Line Fund assembled the portfolio by relying heavily on the Survey’s ranking system, which assigns stocks a short-term “time­liness” score of 1 (the top rating) to 5. But when Stephen Grant became manager in 2009, he took a different tack. He says that although he might take a look at a stock because of a good rating, the rankings don’t figure heavily into the fund’s overall strategy.

K10I-FUNDTRENDS_RANKINGS.indd
K10I-FUNDTRENDS_RANKINGS.indd

Thinkstock

@Rankings exclude share classes of this fund with different fee structures or higher minimum initial investments. r Maximum redemption fee. Sources: Morningstar Inc., Vanguard.

Most Popular

Where's My Stimulus Check? Use the IRS's "Get My Payment" Portal to Get an Answer
Coronavirus and Your Money

Where's My Stimulus Check? Use the IRS's "Get My Payment" Portal to Get an Answer

The IRS has an online tool that lets you track the status of your second stimulus check.
January 18, 2021
Biden Calls for $1,400 Payments as Part of $1.9 Trillion Relief Package
Coronavirus and Your Money

Biden Calls for $1,400 Payments as Part of $1.9 Trillion Relief Package

Under Biden's plan for a third stimulus check, the $600 second-round stimulus checks would be increased to $2,000.
January 14, 2021
When Could We Get a Third Stimulus Check?
Coronavirus and Your Money

When Could We Get a Third Stimulus Check?

President-elect Joe Biden and others in Congress are pushing for a third-round of stimulus checks, but it might be a while before we get them.
January 18, 2021

Recommended

Bonds: 10 Things You Need to Know
Investing for Income

Bonds: 10 Things You Need to Know

Bonds can be more complex than stocks, but it's not hard to become a knowledgeable fixed-income investor.
July 22, 2020
Is the Stock Market Open on Inauguration Day 2021?
Markets

Is the Stock Market Open on Inauguration Day 2021?

The federal government will enjoy an off day on Inauguration Day, but the stock and bond markets alike will conduct business as usual.
January 19, 2021
The 11 Best Vanguard Funds for 2021
mutual funds

The 11 Best Vanguard Funds for 2021

It'd be easy to put together a full 2021 gameplan using nothing but a mix of the best Vanguard funds. Here are 11 that stand out for the year to come.
January 7, 2021
3 Municipal Bond Funds for Rich, Tax-Friendly Yields
Investing for Income

3 Municipal Bond Funds for Rich, Tax-Friendly Yields

Municipal bond funds allow you to enjoy the benefits of tax-exempt income. By investing in CEFs, you can sweeten the pot even further.
December 31, 2020