Al Frank Fund Investor Class

Frequently Asked Questions About VALUX

What does VALUX invest in?

Under typical market conditions, the fund's manager identifies and invests in equity securities that are considered to be currently unpopular and trading below their inherent worth. The strategy involves acquiring these shares and maintaining ownership until the Adviser determines they have appreciated to their true market value. To generate supplementary income, the fund has the option, facilitated by its agent, to lend out some of its portfolio holdings to broker-dealers. This lending activity is restricted; the total value of securities on loan cannot exceed 33-1/3% of the fund's total assets when factoring in collateral, or 50% of its total assets if collateral is not included in the calculation.

What is the expense ratio of VALUX?

An expense ratio for Al Frank Fund Investor Class (VALUX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is VALUX?

Al Frank Fund Investor Class (VALUX) manages $58.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is VALUX actively managed or an index fund?

VALUX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VALUX launched?

Al Frank Fund Investor Class (VALUX) launched in January 2019 and is managed by the fund issuer.

How has VALUX performed?

VALUX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.