Value Line Asset Allocation Fund (VLAAX)

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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.

Value Line Asset Allocation Fund (VLAAX) has returned -6.85% so far this year and -10.39% over the past 12 months. Over the last ten years, VLAAX has returned 7.14% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Aug 24, 1993, VLAAX's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, your investment would double in approximately 7.6 years.

Historically, 65% of months were positive and 35% were negative. The best month was Dec 1998 with a return of +12.3%, while the worst month was Aug 1998 at -15.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, VLAAX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +10.0%, while the worst single day was Dec 19, 2024 at -11.0%.

Value Line Asset Allocation Fund has an annualized alpha of 2.81%, beta of 0.69, and R² of 0.76 versus S&P 500 Index. Calculated based on daily prices since August 25, 1993.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (72.23%) than losses (67.09%) — typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.81% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.69 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

VLAAX has a high expense ratio of 1.04%, indicating above-average management fees.

VLAAX ranks 1 for risk / return — in the bottom 1% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Value Line Asset Allocation Fund (VLAAX) and compare them to a chosen benchmark (S&P 500 Index).

Value Line Asset Allocation Fund provided a 13.12% dividend yield over the last twelve months, with an annual payout of $4.30 per share. The fund has been increasing its distributions for 3 consecutive years.

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.

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.

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 43.95%, occurring on Mar 9, 2009. Recovery took 522 trading sessions.

The current Value Line Asset Allocation Fund drawdown is 19.54%.

The chart below shows the rolling one-month volatility.