Value Line Capital Appreciation Fund, Inc. Investor Class
VALIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 7 Times Square New York NY United States of America 10036
- IPO Date
- Jan 2, 1980
- CIK
- 0000102757
- Website
- vlfunds.com
- Similar Companies
- Business
- Value Line Capital Appreciation Fund, Inc. Investor Class (VALIX) is a no-load open-end mutual fund that seeks capital appreciation and a level of income consistent with its asset allocation by investing not less than 50% of its net assets in common stocks, preferred stocks, or securities convertible into common stock, which may or may not pay dividends; the balance is primarily invested in U.S. government securities, investment grade debt securities rated AAA to BBB at the time of purchase, other fixed income securities, or cash equivalents. The fund employs an active management strategy focused on companies with fundamentally strong market positions in growing industries positioned for above-average future sales and earnings growth, with a portfolio typically comprising approximately 66% equities (emphasizing large-cap growth stocks such as Meta Platforms, NVIDIA, Amazon.com, Uber Technologies, Alphabet, Apple, Microsoft, Advanced Micro Devices, and Visa), 32% fixed income (primarily high-quality AAA-rated securities), and 2% cash and equivalents as of mid-2025; it features a moderate allocation profile with sector weights led by technology (around 39%), communication services, consumer cyclical, financial services, and healthcare. Managed by a team including Liane Rosenberg (since 2011), Cindy Starke (since 2014), and Mitchell Appel (since May 2024), the fund operates within the U.S. moderate allocation category and is available to U.S. investors with a minimum initial investment of $1,000 for the Investor Class and a net expense ratio of 1.08%. Launched on September 30, 1952, and headquartered in New York, New York as part of the Value Line Funds family managed by EULAV Asset Management—a subsidiary of Value Line, Inc. (founded 1931)—VALIX manages approximately $452-$532 million in assets under management and distributes shares through EULAV Securities LLC. Geographically, the fund focuses on U.S. securities, with minor exposure to non-U.S. stocks (around 2%) and bonds across regions including the Eurozone, emerging Asia, and Canada. In recent developments, the fund maintained strong performance with year-to-date returns of 4.12% and one-year returns of 18.22% as of May 31, 2025, outperforming blended benchmarks like the 60/40 S&P 500/Bloomberg U.S. Aggregate Bond Index in several calendar years including 2023 (34.44%) and 2024 (21.23%); it earned a four-star overall Morningstar rating among 434 moderate allocation funds. Portfolio turnover stood at 36% as of December 31, 2024, reflecting active management, while finalized 2024 year-end distributions included $0.10010 per share in ordinary income for VALIX paid on December 18, 2024; additionally, parent Value Line, Inc. reported higher fiscal year 2025 earnings with net income up 4.9% to $12.14 million for the six months ended October 31, 2025, alongside its eleventh consecutive annual dividend increase to $0.325 per share. No major acquisitions, partnerships, or structural reorganizations were reported for the fund in 2024-2025, though EULAV maintained an expense limitation agreement for the Institutional Class (VLIIX) to align costs with the Investor Class.