Value Line Select Growth Fund
VALSX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York NY 10017 New York NY United States of America 10017
- IPO Date
- Jan 2, 1980
- CIK
- 0000102767
- Website
- vlfunds.com
- Similar Companies
- Business
- Value Line Select Growth Fund (VALSX) is an open-end mutual fund managed by EULAV Asset Management, a subsidiary of Value Line, Inc., that seeks long-term growth of capital by investing primarily in a diversified portfolio of U.S. equity securities with favorable growth prospects. The fund allocates at least 80% of its net assets to equities, focusing on larger companies with market capitalizations generally exceeding $30 billion, though it may include small-, mid-, or large-cap stocks as well as limited foreign company exposure; its portfolio typically holds 25 to 50 positions across sectors such as technology (approximately 30%), industrials (25%), financial services (21%), and healthcare (15%), with top holdings including Cintas Corp, TransDigm Group Inc, Costco Wholesale Corp, and ServiceNow Inc. It offers Investor Class shares (VALSX) with a net expense ratio of 1.14% and a minimum initial investment of $1,000, alongside Institutional Class shares (VILSX, launched in 2020) with a net expense ratio of 0.89% after waivers and a $100,000 minimum; as of April 2025, the fund manages approximately $422 million in assets and earns a three-star Morningstar rating in the Large Growth category. Headquartered in New York City and established on May 30, 1956, the fund operates within the broader Value Line Funds family, which traces its roots to 1950 and provides no-load mutual fund solutions targeting U.S. investors seeking capital appreciation. In recent developments, Value Line, Inc., the parent entity overseeing the fund, reported a 4.9% increase in net income for the first half of fiscal year 2025 ending October 31, 2025, driven by strong investment gains and rising shareholders' equity to $105.5 million, alongside an 8.8% growth in retained earnings to $113.4 million as of April 30, 2025. The company authorized a new $2 million open-ended share repurchase program in October 2025, replacing a prior initiative and signaling confidence in its financial position through flexible buybacks without price limits or expiration. These enhancements complement ongoing portfolio management, including low turnover of 8% as of December 2024 and finalized 2024 year-end capital gains distributions paid in December.