Value Line Asset Allocation Fund (VLAAX)
The investment seeks to achieve a high total investment return consistent with reasonable risk. To achieve the fund's investment objective, the adviser invests in a broad range of common stocks, bonds and money market instruments. The Adviser attempts to achieve its objective by following an asset allocation strategy that enables the Adviser to periodically shift the assets of the fund among three types of securities: (a) common stocks, (b) debt securities with maturities of more than one year that are principally rated investment grade and (c) money market instruments.
Fund Info
| ISIN | US9203951002 |
|---|---|
| CUSIP | 920395100 |
| Issuer | Value Line |
| Inception Date | Aug 23, 1993 |
| Category | Diversified Portfolio |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
VLAAX has a high expense ratio of 1.04%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: VLAAX vs. FPURX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Value Line Asset Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Value Line Asset Allocation Fund had a return of 12.87% year-to-date (YTD) and 23.55% in the last 12 months. Over the past 10 years, Value Line Asset Allocation Fund had an annualized return of 9.33%, while the S&P 500 had an annualized return of 10.88%, indicating that Value Line Asset Allocation Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.87% | 18.10% |
| 1 month | 3.14% | 1.42% |
| 6 months | 9.74% | 9.39% |
| 1 year | 23.55% | 26.58% |
| 5 years (annualized) | 9.04% | 13.42% |
| 10 years (annualized) | 9.33% | 10.88% |
Monthly Returns
The table below presents the monthly returns of VLAAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.72% | 2.00% | 0.66% | -4.58% | 2.07% | 2.58% | 3.41% | 3.16% | 12.87% | ||||
| 2023 | 5.21% | -2.27% | 3.43% | 0.38% | 0.18% | 3.80% | 1.00% | 0.22% | -3.45% | -1.27% | 9.17% | 3.93% | 21.52% |
| 2022 | -6.89% | -3.23% | 2.64% | -7.01% | -0.28% | -4.08% | 7.57% | -3.59% | -6.94% | 3.43% | 6.13% | -3.26% | -15.70% |
| 2021 | -3.22% | 0.05% | 1.08% | 4.20% | -0.73% | 2.44% | 3.52% | 1.56% | -3.58% | 5.07% | -1.56% | 2.80% | 11.77% |
| 2020 | 2.96% | -4.04% | -8.63% | 7.81% | 5.37% | 0.33% | 3.66% | 2.61% | -0.95% | -1.87% | 5.92% | 2.28% | 15.24% |
| 2019 | 5.67% | 3.73% | 2.51% | 2.62% | -0.75% | 4.23% | 1.29% | 1.25% | -1.02% | 0.42% | 2.64% | 0.48% | 25.40% |
| 2018 | 3.93% | -2.53% | 0.00% | -0.56% | 1.48% | 1.46% | 2.97% | 3.06% | 0.78% | -5.46% | 2.63% | -5.21% | 2.00% |
| 2017 | 1.71% | 3.06% | -0.03% | 2.27% | 1.89% | -0.74% | 1.13% | -0.16% | 1.18% | 1.73% | 1.95% | 0.09% | 14.94% |
| 2016 | -2.92% | 0.11% | 4.46% | 0.32% | 1.56% | 1.36% | 1.48% | 0.37% | -0.41% | -1.93% | 1.25% | 0.16% | 5.77% |
| 2015 | -1.17% | 3.55% | -0.03% | -1.11% | 0.53% | -0.38% | 2.20% | -3.80% | -1.53% | 4.04% | 0.69% | -1.61% | 1.11% |
| 2014 | -2.00% | 3.41% | -0.40% | -0.11% | 1.21% | 1.42% | -2.65% | 3.13% | -1.96% | 3.86% | 1.33% | 0.12% | 7.33% |
| 2013 | 3.74% | 1.26% | 2.11% | 0.85% | 0.72% | -1.28% | 3.76% | -1.83% | 3.89% | 3.09% | 1.30% | 1.23% | 20.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of VLAAX is 85, placing it in the top 15% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Value Line Asset Allocation Fund (VLAAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Value Line Asset Allocation Fund granted a 8.75% dividend yield in the last twelve months. The annual payout for that period amounted to $4.02 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.02 | $4.02 | $2.21 | $2.98 | $0.23 | $0.67 | $0.97 | $1.37 | $0.68 | $0.83 | $0.70 | $0.72 |
Dividend yield | 8.75% | 9.88% | 6.00% | 6.43% | 0.53% | 1.74% | 3.09% | 4.34% | 2.38% | 2.98% | 2.49% | 2.68% |
Monthly Dividends
The table displays the monthly dividend distributions for Value Line Asset Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.02 | $4.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.21 | $2.21 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.98 | $2.98 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.67 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $0.97 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.37 | $1.37 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.83 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
| 2013 | $0.72 | $0.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Value Line Asset Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Value Line Asset Allocation Fund was 44.01%, occurring on Mar 9, 2009. Recovery took 522 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.01% | Nov 1, 2007 | 338 | Mar 9, 2009 | 522 | Apr 1, 2011 | 860 |
| -33.23% | Mar 10, 2000 | 590 | Jul 23, 2002 | 612 | Dec 28, 2004 | 1202 |
| -28.6% | Jul 21, 1998 | 58 | Oct 8, 1998 | 57 | Dec 28, 1998 | 115 |
| -23.89% | Feb 20, 2020 | 23 | Mar 23, 2020 | 89 | Jul 29, 2020 | 112 |
| -22.26% | Dec 30, 2021 | 200 | Oct 14, 2022 | 290 | Dec 11, 2023 | 490 |
Volatility
Volatility Chart
The current Value Line Asset Allocation Fund volatility is 2.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.