Value Line Mid Cap Focused Fund, Inc.
VLIFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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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
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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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
- 0000102756
- Website
- vlfunds.com
- Similar Companies
- Business
- Value Line Mid Cap Focused Fund, Inc. (VLIFX) is an open-end mutual fund that seeks long-term growth of capital by investing substantially all of its net assets in common stocks of mid-cap companies, primarily those demonstrating a track record of 10 or more years of consistent growth in stock price and earnings; current income serves as a secondary objective. The fund employs a concentrated, low-turnover portfolio strategy focused on mid-cap growth equities, with allocations emphasizing technology (approximately 35%), industrials (27%), healthcare (16%), and financial services (15%); top holdings as of mid-2025 include Heico Corp., Tyler Technologies Inc., MSCI Inc., Waste Connections Inc., and Lennox International Inc., representing about 28% of assets. It offers Investor Class shares (VLIFX) with a net expense ratio of 1.08% and a $1,000 minimum initial investment, alongside Institutional Class shares (VLMIX) at 0.87% expense ratio and $100,000 minimum; the fund maintains low portfolio turnover of around 5% and benchmarks performance against the S&P MidCap 400 Total Return Index. Launched on March 1, 1950, and domiciled in the United States, the fund operates under Value Line Funds, with principal executive offices at 1605 Main Street, Suite 912, Sarasota, FL 34236, and historical headquarters ties to New York, NY; it primarily targets U.S. investors through brokerage firms, financial advisors, and direct channels, with portfolio exposure of 93% U.S. stocks, 6% non-U.S. stocks (mainly Canada), and minimal cash. Managed by Stephen Grant since April 2009 and Mitchell Appel since May 2024, the fund has grown to approximately $1.99 billion in total net assets as of mid-2025, earning a five-star Morningstar rating overall in the Mid-Cap Growth category based on risk-adjusted returns. Recent developments include routine portfolio adjustments in Q2 2025, with exits from select holdings no longer meeting the fund's stringent risk/reward criteria, resulting in a position count of 37 companies as of June 30, 2025; these changes underscore ongoing emphasis on consistent performers amid market volatility. The fund distributed year-end capital gains and income in December 2024, including $0.34041 per share (ordinary income plus long-term gains) for VLIFX, reflecting tax-efficient management; no major acquisitions, funding rounds, partnerships, or structural reorganizations were reported in the last 1-2 years, maintaining focus on core mid-cap growth strategy.